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How to Conduct a Market Analysis for Small Businesses

Knowledge is power, whether you are running a large enterprise, a small business or planning to start your business, it pays to know your target audience.

For small business owners, market analysis is an important way of finding information about customers, competitors and the industry in which they operate. But doing market analysis for small business is a tough game. While it is said that it requires a big budget to conduct most of the market research still it is possible for small businesses to carry out effective market research. But the question is how?

In this article, we will discuss ways to effectively conduct a market analysis for small business:

  1. Identify a Market Need: The market need could arise from a problem that customers seek to solve or any goals they are hoping to achieve. Try and identify how to make your business’s product or services better fit in with your target audience’s changing needs.
  2. Identify a busin

10 Must-Have Marketing Strategies for Success in 2020

It’s hard to believe this year is almost over. While for some, it may be the time to slow down for the approaching holiday season, for us marketers, we never miss a beat on planning and strategizing. For your business to succeed in the new year, NOW is the time to start putting your marketing strategies together so you can start the new year off with a bang!

Here are the top 10 marketing strategies your business should be utilizing in 2020:

  1. Content

We’ve said this before and will continue to say it, content is king! To drive profitable customer action, you must keep them “content!” To prove your expertise to your audience, it’s important to create valuable, relevant, and consistent content targeted to your audience. Writing both interesting and helpful content along with engaging photos and videos will increase your exposure, and ultimately help your business grow.

  1. Chatbots

If y

Your Website Should Prove Your Results

Most of the time your website is the first glimpse a potential customer will have of your business. While it’s important to highlight who you are, as well as your products and services,what customers really want to learn about is the results you can achieve for them. There is a fine line between bragging and…

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