SEC-S20W5 | My Business Ideas | Advanced Marketing Strategies
Best regards to prospective business people or maybe business people who have participated in the theme in this fifth week, may we always be healthy physically and spiritually and also financially healthy. The theme of my business idea-Advanced Marketing Strategy, makes me interested in participating in the existing realistic, although in reality speculation is also a different angle of view of a person for certain things. In business, this is also used. To make it easier for you to read my participation, it would be nice to express my opinion related to this week's theme immediately.
I am not a business person, but I know a little about the ins and outs of the business world. So the view that I wrote about the question above, may not be the same as the view of business people in general. In my opinion, all entrepreneurs have the instinct to create something new from pre-existing findings, this they must have to stay afloat in business competition as it is today. Innovative entrepreneurs not only add new products according to needs, but the most important thing is to find new markets to then add products that fit these needs. Don't argue about this, because I have a simple argument about how entrepreneurs can be innovative. Adding new products is not the initial way for entrepreneurs to try something innovative, it adds to the burden of existing products. That is, entrepreneurs must dare to take risks, but not without a plan, because innovative entrepreneurs will think outside the box and are not the same as entrepreneurs in general. And the most appropriate for an entrepreneur to think innovatively is, by finding new markets.
Finding new markets today cannot be separated from marketing, because marketing is part of finding new markets. In this section it takes foresight or accuracy in seeing every opportunity through existing marketing, do you remember when there was the most effective and efficient way to do marketing? Yes, I'm sure you remember, that way is by utilizing Digital marketing. In my opinion, Digital marketing today will help you find your real target market, so you will connect with your real customers while reaching a wider market. If your Digital marketing strategy is successful and you find where your product is needed, then indirectly you have also expanded your business effectively and efficiently. If it is done well, then the stages of adding products according to market needs will be very easy for you to do as an entrepreneur. Herein lies the innovativeness of an entrepreneur, which is measured and planned.
Is adopting or imitating another business idea, a form of incompetence of an innovative entrepreneur? I don't think so, and this only applies to those who have not yet defined the product they want to market. For those who have started a business, copying marketing strategies is common. Because by imitating the marketing strategies that have been done by other innovative entrepreneurs, we have researched and observed why the innovative entrepreneur's strategy works well. Part of adding or providing other innovative elements will be differentiating as well as exploring new ideas to generate business that already exists or will be done.
The focus of this article is on the marketing section, which deals with business ideas as well as Advanced Marketing Strategies, which show an entrepreneur how to do something innovative.
If the initial marketing of the products you sell or offer goes well, then adding new products will be relevant to offer to your existing customers. But it's important to expand your market reach, as well as find new customers and retain existing customers with the new products you offer. Keeping existing customers who offer something of value is also part of marketing because customers who are satisfied with your product will be a new marketing tool that moves and runs massively. But in fact, the target market is becoming something important. When an entrepreneur can determine his target market based on marketing research, then it will make the business grow, digital marketing techniques are one way that might be tried. If digital marketing techniques work, I'm pretty sure businesses will easily see how customers are buying their products. I also agree that an innovative entrepreneur should be able to look at the situation from various perspectives of the existing market. So that you can find new customers, as well as Be observant in offering services or products at the right time, in the right place, and in the right way to grow your business much wider.
All types of businesses do consider the needs of the goods or services offered to the market, the process of collecting data and analyzing data about the needs of potential customers, to understand their needs and desires, is a way of acting as an entrepreneur. Age makes everything much easier, and this I think applies in the business world and other business fields. Digital marketing is the key, and this success I consider effective and efficient makes many shops close and stop operating. The most important thing is digital marketing can be done alone, but some products goods, and services offered in Digital marketing, sometimes require Endorsement.
In the end, planning a marketing strategy by consulting/hiring professional marketing personnel, is equally good. Both have their advantages and disadvantages, although as I mentioned earlier, we can now do digital marketing easily without the help of consulting/hiring professional marketing personnel. This is my view as a prospective entrepreneur, the views of entrepreneurs or business people may be different because the theory sometimes does not match the actual practice.
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