Do you really know how to start a business and make money?
Don't tell me anything, this is the essence of making money
The formula for business success is simple:
Discover the pain points and needs of a certain group, provide them with products, and use strategic methods (value communication) to market to them.
Insight to discover market trends and needs, develop products to meet needs and solve problems.
Find out what people want and offer it to them. However, you have to find out what they really want....And not....It's just that they say they want it.
The premise of marketing - product selection, there is a product. If people need your product badly, you can sell it without any sales pitch.
Making money depends on how many people you help influence, what problems you solve, what products and services you provide to the market.
Here's a formula for business success that I've summarized:
Basic process]: market segmentation - create products - sales channels - traffic channels - private domain traffic.
1. Insight into market demand.
Gain insight into market trends, discover people's demand trends, find market segments first, and lock in target groups and needs.
The strategy is to find potential market segments through in-depth research and then design and launch products based on specific audience needs.
Research the consumers who are buying a product and tailor it to them. (Have your customers first, then build a product for them).
It's time to understand consumers, what kind of products they like, and under what circumstances will they disdain to buy your products?
Today's marketing must accurately target the core consumer group and then please them in an all-round way.
2. Build products.
Propose a core concept selling point, develop the product around the core concept, and test the market response and product popularity when the new product is launched.
Work with top experts in the industry to develop new products and shape the sense of authority of products.
Design every marketing strategy to be super emotional and make all consumers scream for your product and brand.
Apple's chief designer Jonathan Ivey's design principles are in four words: simple, sophisticated, neat, and translucent
3. Sales channels.
Establish sales channels, put e-commerce platforms on the shelves, attract first-class merchants, and lay out and develop offline channels.
4. Traffic channels.
Self-content marketing, creation of topic activity dissemination, paid advertising traffic import, social platform advertising, search precision advertising, 5, private domain traffic.
The key is to maintain effective communication. Brands can try to be like a conversation between friends, keeping a personal touch, and giving users a warm welcome and warm feelings.
6. Vertical categories.
Find more niche markets and products, continue to expand high-margin niche products, build a presence in vertical category markets, and further expand your business.