When you are trying to create a new market place for your products,think outside of the box. The best way to describe this action is to give you a few scenarios:
1) House flipper or investor - do you build,fix and sell or do you calculate rental or lease income over a longer duration of time to compare profit and equity?
2) Farmer - do you sell products to a buying house, or do you create an alternate market in a large town close by, or do you do both?
3) Residential construction company - do you build a subdivision to sell or do you compare lease income over a longer period of time against profits and equity from selling the homes?
All you have to do is grab a pen and paper, write down how you are currently selling your products on one side, and on the other side write down where you could sell your products. Make sure it is completely opposite to your current methods. It might seem trivial but surprisingly many good ideas can be created,used and profited from.
Remember - Take a tree not a forest!
Thursday, September 11, 2008
Saturday, September 6, 2008
Multiple market places to prosper from
When selling product(s) keep in mind there are many nationalities in the world, many lifestyles and characteristics. Although no two people think the same they might have similar interests. When selling items - diversify. Reach as many people in as many areas as you can handle. Be open to new ideas. If you are not maximizing your profit potential, research and develop new techniques to reach individuals and companies from other market types that may fall into your product demographics. If you are uncertain of what to try next don't sit back and waste time. Ask for help from as many people or companies as possible. Creative diversification when done properly creates many opportunities and possibilities.Remember - take a tree, not a forest!
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