Effective Online Customer Acquisition Strategies through Competitive Intelligence

Many strategies have been forged in the business world in order to help companies gather intelligence about their competition and to acquire and retain customers. There’s never a sole method to use; you’ll always be able to find competing strategies for your online business. Looking at the competitive intelligence method, well cover a bit about
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What kind of market analysis do you do to determine a viable niche market?

Like it or not, there are only a few iron-clad ways in which you can start and operate a successful online business. Sure, there are literally countless ways you can go about it; but we’re talking about working formulas here. Most businesses fail because people neglect to follow the necessary steps or to take the
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How to Research Markets for Business Start-ups: Part 3

Taking Care of Your Primary Research After the initial research is over, i.e. library, internet, books, etc., you can begin to research through more specific avenues. This will be your original research, conducted to see where your products stack up against others the market is offering, and, more importantly, to see how your customers may
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How to Research Markets for Business Start-ups: Part 2

Vital Information about Customers Customers supply the revenue that enables your business to thrive. Without them, you’re looking at immediate failure. As such, it’s always vitally essential that you work to research everything there is to know about your customers before you take the plunge into business. You need to precisely target your audience. Ask
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How to Research Markets for Business Start-ups Part 1

Introduction to Market Research  In the world of business, it’s an ever-changing atmosphere that runs constantly hot and cold, habitually black and white, and never completely the same way twice. Today’s business is so far removed from the business of a few years ago that most attempts to start a business with a 2002 formula
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Why you Need Feasibility Studies

In the realm of business, countless measures are taken to ensure success. From risk assessment to feasibility studies, people work tirelessly to implement various strategies that give any particular venture the best odds for survival. If you’re asking yourself what a feasibility study is, it’s very easily defined. Simply put, feasibility studies are groundwork investigations
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