“If you fail to plan, you are planning to fail!”
Lately, I’ve been diving more and more into blogging about business, entrepreneurship and marketing. A lot of problem I see most people face especially my clients, are that they do not understand marketing. Understanding marketing and who is your audience is crucial to any businesses and being an entrepreneur. So here’s a quick break down concept when it come to marketing.
Understanding this concept will help you tremendously when it comes to marketing and starting or updating new ventures.
- WHO:
- Who are you?
- Who is your audience?
- Who are your competitors?
- WHAT:
- What is your product or service?
- What is the problem?
- What solutions are you offering to the problem ?
- What sets you apart from your competition?
- WHEN:
- When will your product or service be available?
- When is the best time to launch?
- When should you hire help?
- WHERE:
- Where will it be located?
- Where are similar concepts located?
- Where would benefit from your product or service?
- Where will you find funding?
- WHY:
- Why should customers choose you over the competition?
- Why are you offering this product or service?
- Why should investors invest in your business?
- HOW:
- How will you reach customers?
- How can you make yourself stand out from the competition?
- How will you achieve your goals?
- How will you generate revenue?
If you have any questions feels free to reach out.
p.s I’ve been working on a new project and I can’t wait to share it with you all.
