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How To Make Your Business Mark In A Crowded Market

Every business, especially those that that are small to midsize face a lot of challenges. These include…

The drop in the loony

 

Increase in taxes

 

New regulations

 

Operating costs

 

Keeping up with technology

 

Communication issues

While this list seems long enough what can be added to it is not to being able to find the right skilled staff, a fluctuation in the demand for the products and services, and competition.

What has to take the priority is getting your product or service known which identifies your name which is your brand. This has got to take the lead when it comes to attention.

Taking a look at businesses, years ago all it took was to offer an excellent product at a great price, and one felt that their business was secure. With the Internet now being a great threat to many businesses if it is allowed to do so, this no longer holds true.

Consumers have gotten to the point where shopping for them has become a state of confusion because of the many offerings that are presented to them. What you have to learn to master in the world of business today is how to stand out in the crowd.

One of the problems that you are facing to do this is the attention span of your target market. The majority of people live very hectic lifestyles and taking the time to hear or see what you have to offer better be well worth their time to do so.

Whether you like it or not the consensus is that 90% of business buyers who are looking to make major purchases will now begin their quest to do so by doing an Internet search.

Your tendency for your business may have been to follow the lead. In other words if something is working for your competitors then you are going to mimic this and assume you are going to get the same success. This may have worked at one time in business but it may not be the approach that you want to take today.

You don’t want to blend in with the crowd you want to stand out. This means you need to look at what your competition is doing and then find something that is unique from them and focus on really marketing this.

This means that all of your marketing tactics now have to focus on what is going to make your business different than others. While this may be difficult to do at first if you have a passion for your product or service and in your heart of hearts you believe that yours is best, now take those feelings and instill them in to your prospective buyers.

 

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Contact

Sam Seidman, CPA, CA, LPA
629 Sheppard Avenue West
Toronto, Ontario
M3H 2S3

Telephone: (416) 398-1700
Fax: (416) 398-6226

Chartered Professional Accountant, Chartered Accountant, Licensed Public Accountant

Email: sam@torontoaccountant.ca

Contact Sam today

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