Introduction
Embarking on the journey of entrepreneurship is exhilarating, yet it comes with its set of challenges and uncertainties. As a start-up founder, your dream of transforming a novel idea into a successful and thriving business is what propels you forward. Rapid business growth is the ultima...
Introduction
In the world of business, the moment a customer says "yes" to a purchase is a victory worth celebrating. It signifies more than just a single transaction; it opens the door to a world of opportunities for both the customer and your business. This pivotal moment provides you wit...
Today, I want to talk about pricing. We will talk about price increasing strategies designed to increase your profits without losing customers and if you did lose some, what would be the net impact. While it sounds easy to just increase your pricing, it should be planned out and carefully considered...
So, you have identified a problem people or businesses have, but do not want; and have a solution to get them what they want, but do not have. Your fulfillment process is ready to go. Now, you want more customers!
Regardless if you are a new start-up or an experienced business owner your leads...
The 5 step process to creating your Market Dominating Position are:
Step 1, determine your strategic position in the market.
Step 2, determine your primary market dominating position.
Step 3, determine your supporting business model.
Step 4,...
Step number 1: Determine Your Strategic Position in the Market
What specific niche market or segment of the marketplace should your business focus on? Determining this involves combining the skills your business has with the unmet needs of your targeted prospects and then designing your product or...
Do you know what is a Market Dominating Position?
Does your business have a Market Dominating Position?
The majority of small businesses are established in response to market demand for a product or service. Many build their businesses by serving that demand and enjoy growing profits without putting m...
