Strategic Business Analysisthat alludes to how brick & mortar businesses are using the Internet for evaluating their standing against their competition. This even gave examples of banks.
If one is just starting a business, they need to consider Political, Economic, Social and Technological factors determining the market -- to analyze who uses their product, and the actual investment opportunities represented.
They also need to look at their own Strengths, Weaknesses, Opportunities and Threats. One needs to consider products, business ideas, options of entering new markets, potential partnerships, suppliers, outsourcing of services or resources and investment opportunities again.
Referred to as PEST and SWOT -- this analysis process can also apply to the online or MLM business, and should be re-evaluated from time to time -- that is, if you want to prevent disaster. This quote also was included:
At internet speed, the pressure to act quickly is always a factor when deciding whether or not to pursue something. Whether the decision involves $5.00 or $5,000.00 the result is the same if that business doesn't pan out and there is no one to blame but yourself ( if you have taken no time to investigate it).
From a personal viewpoint, I have found the online programs have one advantage : many allow you to sign up for free, test the market and then decide whether to upgrade to a paid position.
Two programs which are free to start and could be beneficial to any online marketer are
Twitter List Builder -- which allows you to get thousands of new followers to your Twitter account quickly.
and uses an amazing software program Derrick VanDyke has just released
at http://tlistbuilder.com/gjenkins/video
and
Capturing data from social networking sites:
@connectwithjeff has created a way for me to turn any site I want into an instant capture page.
http://www.instantcapturepage.com/aff/14738 gives you the full picture !
So long for now -- and enjoy these links.
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