Startup Strategy Classroom
Anil Bist /
To market your business, you must define your customer. To maintain consistent sales growth, you must become knowledgeable about your market. Develop an outline of your “typical” consumer:
- What exactly is your market?
- Where do the consumers come from (i.e. city centers, suburbs, tourists, international)?
- What are customers buying patterns?
- Why should they buy from you? Factors could include convenience, price, quality, service, etc.
- Should you try to appeal to a niche market segment or the entire market?
- Have you missed a new customer segment or special market?
- How large is the potential target market (in units or dollars)? Is it growing, stable or decreasing? What percentage of the market do you have?
Research will provide answers that are not available from your business records and a financial analysis. Conduct research through trade associations, your local chamber of commerce, libraries or even ask for the help of a SCORE counselor. Pay attention to how competitors market to their customers. Perhaps, some of their marketing strategies can be adopted for your business, or you may find examples of what not to do.
Skills Startup StrategyQualifications :- High School - SLV, College/University - Graphic Era Deemed Univ University,
I started my Professional Journey in 2006 with one of the Web Development Company in Bangalore and my 1st framework was "Ruby on Rail" as Web development and delivered around 5+ Projects using this platform. Then came another dimension as JEE/Sturst framework, Gradually I realized that I want to build something on my own and give my passion and energy on creating something different a