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Marketing and Distributing Your Products
by
Tina Valiedi
http://www.mpstrategiesfirm.com
When considering a strong business plan, one of the first areas would be to
consider is a firm plan of marketing and distribution. Proper marketing and
distribution of your product line can be the lifeblood of your success. The two
also have to work in unison in order for your company's product line or lines to
move in a smooth fashion. Many upstart companies focus too much attention on
their investment and what they hope they will see a return. That marketing and
distribution doesn't get the foremost attention that it needs to make that
return happen. That is one of the sole reasons the majority of startup
businesses fail to make it past the five-year mark.
Finding your target market is the key to successful marketing. For example:
Who will use what you have to offer? Is the demand for your product on the rise
or declining? Finally, Do you have competition and what seems to be working for
them?
Now that you know your market, let's look at two different methods to reach
them. Offline marketing referring to more traditional methods and online
marketing using the internet. Traditional marketing can include radio, TV,
newspapers, flyer just to name a few. Online marketing usually begins with a
website and using pay-per-click advertising to place high in search engine
results. Most marketing plans use a combination of both methods. A great way to
motive a potential customer to buy your product is to offer a first time special
price or give a quantity discount.
Distribution markets are not so cut and dry. There are tons of ways to
distribute your product from, doing it yourself directly to the consumer, to
other companies moving your product for you. This is where you will have to
really do your home. Other companies or individuals, moving your product line
would be where the term "middleman" comes from. There are lots of different
kinds of middlemen such as: jobbers, brokers, resellers, and many more. Each one
takes a cut into the retail value of your products, which in turn drives the
retail charge of your products up. However, if your middlemen are making tons of
cash that means you are making tons of cash. It's the old win-win situation.
Another part of your marketing and distribution plan should include how to
handle growth. How do you expand your product line? How to keep up with demands
of a growing customer base? Ask your self what if... and then create an action
plan you can easily implement in times of growth and crises. When you include
the what if in your marketing and distribution plan, you greatly increase your
business success.
Tina Valiedi is the Chief Editor and contributing author of MP Strategies
Firm, a company whose breakthrough service unleashes the power of the internet
to drive hidden potential clients to your site. For more marketing articles
visit:
http://www.mpstrategiesfirm.com
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