So nice and simple question.
Sometimes questions are so simple and straight but answers are quite vice versa …
Anyways come to the topic….
So today common man (A simple business man who knows the computer) knows answers of all questions which are given below:
How to use internet?
How to check/send email?
How to do chatting/blogging and orkuting?
How to upload picture on Face book?
What are the disadvantages of internet like P*rn*graphy?
But the real question, Is they really know what are the advantage of internet and how they can use internet to start or grow business as a technology tool.
Might be few people know but I bet the ratio won’t be go more than 30%, the reason is very simple all questions which are give above have ABC rule which anybody can follow and learn…
But the question which is creating dilemma has not so simple answers because there is no such XYZ rule to follow and it is difficult to explain because answer vary for different product due to considering many factors like product, geography , target audience, price, effort estimation and expenditure cost.
I am trying to figure out simple way or common solution and then it can be extend at any level ….
I hope audience also agrees with my approach to get common answer for all people…
So starting with simple example…..
Suppose one month back I get an idea…
1. I did research on market potential.
2. find consumers.
3. Find competitors
4. work out and give the shape to the idea
5. Invest or get venture funding
6. and finally, I start new toothpaste factory
7. making toothpaste and
8. Finally toothpaste name “Tooth Shine” is lunch in market
Awesome, a great job but is it enough to get business?
No, I am not agree because lunching any product is different and getting revenue from the product is different.
Today world is squeezing due to fast communication like email, phone and internet.
It is easy to sell our product worldwide.
Doing business is two way ….
a. Offline marketing
b. Online Marketing
Offline Marketing have disadvantage that it is mouth marketing take long time for branding and it has limited area for expansion.
Online Marketing is the fast marketing, people can do branding in small time and has unlimited area for expansion.
So now do few steps t grow business:
1. Make decent website have enough information about the product, price, company, contact information and how to buy.
2. Use existing website to sell/prompt your product worldwide, there are no of website and serch engines which are already popular and people search there for finding such products e.g are given below:
Site : ebay, alibaba, indiamart
Classified site: any free or paid site like quirck, clickindia etc…
Use advertisement: google, yahoo, msn, twitter
3. Find your consumers behavior:
Like in which country/ state have maximum consumption, age group, budget..
4. Find you customers: Collect data from any agency or do some research…
Approach them …
by email, by social media site, by calling send then quotations, pictures, prices and all information which is important , no matter how you approach at the end you have to sell your product and retain same customer by providing best product good service at economical price.
Your motive should to approach customers by use of internet as technology tool
5. After getting some results you can promote your website in search engines by SEO/SEM and email marketing (note some county email marketing consider as SPAMING and it is cyber crime so beware for this and check cyber law for the country where you want to do emil marketing)
Note: There is also some legal way to do email marketing like give contract to rediff or yahoo and they prompt you…
6. Take feedback from the existing customer and try to enhance your product so you can move along with the world and technology
One and Last thumb rule……
You can get leads by applying all methods but conversion and retaining of customer only when you offer best product good service/support at competitive prices. So there is no rule of success if you will not follow the last rule J
I hope at this point of view you understand how all factors like product, geography, target audience, price, effort estimation and expenditure cost play in all rules
Please provide honest advice to us, your feedback is important for us to improve our self.