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Running a business isn’t easy. As well as managing the business itself, including your workers and your projects, you also have to try to make sure your company stands out from your competitors. Yes, great service and good prices will help you develop a good reputation, but people still need to be able to recognize your business and differentiate it from other, similar businesses. Essentially, your marketing strategy needs to be focused on making sure your customers choose your business rathe...

What’s the biggest mistake you can make when planning a marketing strategy? Overspending. The whole goal of marketing is to promote your business and drive attention to its products/services. Ideally, this will result in sales - but even raising brand awareness is a good enough benefit. This results in a balancing act between spending enough money to yield results without going too far and netting a loss. Spending too much money on your marketing strategy will make it impossible to keep your ...

Product-based businesses have a lot to take care of, and it’ll take a decent bit of time and effort to see success. You’ll know that already, and you would have spent a decent bit of time trying to see success with your current products. At a certain point, you could want to release a new product. There are plenty of reasons to do this, especially if you’re starting to see a slump in overall sales. It could be a natural progression of your business. As natural as it is, however, it could take...