Is there a gap in the market for a new idea or the business just need a gap analysis? Many companies aim to find the gap within the market. That gap could be identified as a specific area. An area where a business can obtain the so much sought after competitive advantage Analyzing a specificContinue reading “It’s time for opportunities 💡”
Tag Archives: profit
80-20 Rule : Simply Explained
The 80-20 rule, also known as the Pareto Principle, is an aphorism which asserts that 80% of outcomes result from 20% of all causes for any given event. The widely know and used approach on identifying where the money is for the business, it might comes even 🖐 (handier) in times of uncertainty and allContinue reading “80-20 Rule : Simply Explained”
What’s Vertical Integration
During these days I keep hearing about Vertical Integration and that the companies that stand a stronger chance of a bold comeback out of the crisis, are the ones adopting it. So let’s see the 🔑 points. Vertical integration is a strategy whereby a company owns or controls its suppliers, distributors, or retail locations toContinue reading “What’s Vertical Integration”
It’s a problem of leadership.
Contrary to what you believe, you don’t have a marketing or sales problem. Most businesses think they do. In reality, they have a leadership problem. While leadership is something most entrepreneurs think they have, the truth is that few actually possess the skills they need to lead. And when you simply “play” the role ofContinue reading “It’s a problem of leadership.”
Business Trends For 2020 (3 months later)
These below were the key 🔑 trends that will impact businesses in 2020 and beyond, wrote this notes in January and funny enough never shared. Now with the #Covid19 effect are they still relevant? End consumer with steady purchasing habit. Consumer sentiment will remain trong. With consumer spending representing two-thirds of most of the globalContinue reading “Business Trends For 2020 (3 months later)”
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