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  • Is the product/service worth developing?

Is the product/service worth developing?

What is the difference between a good and a service? 

  • A good is a tangible thing that can be touched, smelled, tasted on the tooth, a service is not.
  • A good immediately evokes emotions, a service does not.
  • It is immediately clear what you can expect from a product, but not from a service.
  • A product has a guarantee, a service in most cases does not.
  • In the end, you can return the goods, if there is any defect, quickly and without problems, but to prove that the service was provided poorly or not in full, you will have to go through 7 circles of hell in the fight with the company itself and then in court. And it is not necessarily that this fact will be proven.

Business should always work at its best. It should be developed and promoted. There is such a thing in business - if you sell 10 shirts a day, 8 of them (if not 9) cover your costs. Your profit is in the 10th shirt. If you don't constantly promote your business, it's not a fact (far from it!) that you'll make time to sell that very 10th shirt. A hotel with half of the rooms booked will not be profitable. You have to sell at least 90%. How? Just wait for the tourists to come? The answer is obvious. 

There are entrepreneurs whose business is operating at 40% of its potential, they make some profit (let's say at the level of the salary of their previous job), and they are happy. So what, is that a business? And it's not even about earnings and profits. Business is a slightly different concept. It's not working for the same salary just for yourself. A business has to be constantly improving, to be successful. And it will be successful if it is developed and promoted. And running a business for a salary is stupid. Why? Isn't it easier to work 5 days a week from 9 to 6 for the same money? I think it is. And it's even better if it's satisfying. 

In a nutshell: the fact that you will advertise, promote and market your products and services is understandable. The point is different - if you decide to run your business, you must squeeze out of it everything you can. And you should do it constantly, in different ways, not being satisfied with what you have achieved. Only in this way business can be successful. The process of promoting and selling goods is continuous.

There is such a truth - business begins with the end. That is, not from production (or from purchasing, say, in trade), but from sales, from the promotion of goods and the search for buyers. There are, of course, very mass consumption goods. It is probably unnecessary to create demand here. The question is different - they are the least profitable. Therefore, along with goods and services of mass demand, we find a way to promote our other goods and services. A banal example - when selling bread, a merchant hopes not to sell the bread itself, but to attract a customer to buy some other products. 

List of ways to promote goods and stimulate their sale on the market:

  1. Advertising in its classic form;
  2. Personal selling - the ability and/or training of salespeople;
  3. PR (public relations). This includes various exhibitions, events, press releases, presence in the media on various occasions, etc.
  4. Branding - creating a successful and well-known brand (which is not easy, of course);
  5. Merchandising - the art of sales techniques, product display, visual effects of the product line;
  6. BTL promotions and events;
  7. Franchising - promotion of goods, sales growth and brand development by transferring the rights to use the brand and business technology to an outsider;
  8. Telemarketing - sales by phone;
  9. Internet marketing.

In any case, to take a top position in Internet sales is possible, but with a professional approach to promotion. AVSEO will give a second breath to your business - become a part of our client base and discover new opportunities for promotion on the Internet.

 

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