How to start business? (Final Update)

3. Marketing

Some well-known entrepreneur think we are now in the marketing age, meaning that marketing is a key function which dramatically drives a business to a gain or loss. I totally agree it.

For example, you want to sell a kind of bottled fresh milk. How could you get some market initially when there are so many existing players? To put advertisements (newspaper/magazine/Internet etc) indicating the unique advantages of your product, to set a few promotions to let more people know your product and perhaps you can give out free products to potential customers.

Thousands of marketing strategies are out there. You need to take some time to learn some and apply some in your real business. However, you have to remember that every cent you spend on it is definitely at the right place.

4. Human resource

You should hire some staffs who love the job rather than the salary. They surely will pay most of their efforts on their duties and their passion may motivate other people in the company and let all work more efficient than never ever.

If you are doing your business with partnership, only partners working together at the beginning will be a nice method too because it could help you spend less on payroll and know more on the enterprise. If you do need some extra manpower, just hire a proper number of employees. You must be carefully on this because salary is a fixed cost in most organizations. That means the more you hire, the more fixed expenses you hear to pay monthly, and you will feel very hard to cut it down.

Once you completely get those four points above and know how to implement them, I think you could do your real action now-to register a company and a related license/permit.

I’m sorry that I can’t explain too much on this because the rules and regulations are different in most countries. However, I think you could have your detailed information from Internet. Of course, go to have a consultation with chartered accountant or other professionals will be a good idea too.

I’d better to stop my article here since I can do nothing from this point. I wish my contribution could have some value for somebody.

Have a nice day!

Modern Marketing

If we talked about 50 years ago,I don’t think a sale strategy was in those businessmen’s mouths.Currently the efficient society,a successful product can not be only good at its quality,but also be suitable to the demands.

Therefore to have market research is very important nowadays.the result of the research helps manufacturing company identify the essential elements that the final product should have.And at same time to make some proper preparation in order to beat other competitors of  the market and secure the market share.

The Lead Dogs is a company specialized on getting you the high-quality B2B(business to business) sales leads that turn into sales.. They have got a lot of outsourcing works from some big companies like Microsoft.They do all functions as below:

• Qualify responders to marketing campaigns to identify those that are sales-ready.
• Leverage the investment in marketing responses by nurturing inquiries that represent future opportunity, but aren’t sales-ready today.
• Fill the sales pipeline with qualified opportunities to drive consistent revenue.
• Penetrate accounts to uncover qualified opportunity areas in key market segments.

Do you feel doubtful on these professional contents?You can have a look on some marketing related books and I’m sure that you’ll feel comfortable then.

The thing you need to remember is:In 21st century,it’s never about products.It’s a marketing war.To do a business,you have to know your market first.Good luck.