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| Products without borders |
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Having a product or service offering is one thing. Getting it out to distant consumers is quite another.
A common evolutionary step for small businesses is to expand their marketing channel to include distance customers, either by way of web, mail order catalog or door to door selling. Easier said than done I hear you say. Correct, but if you following some basic principles it is not only possible, but also relatively painless.
Three components are key to making your product or service grow wings:
Going online with a e-commerce website is obviously one of the easiest way to give your products wings, but make sure you do it right. Cutting corners here will simply cost you later on, as you will find it hard to convince new customers of your credibility as a retailer to be taken seriously. Also bear in mind that the moment you start trading on a wider scale your competition increases just as much as your new customer base. Do your homework, and only target those markets where you can penetrate, by competing on price and value add. Competing in locations where local manufacturing cost is higher is key, but make sure your shipping costs do not eat into your hard earned margins. Remember, who is going to buy from someone out of town if they can buy from a local for the same price. You have to add real value and make it easy for the customer to make the long distance purchase. |
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Products without borders are those items that have universal appeal and could be sold almost anywhere.
