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MBA865 Starting a Business in a Crowded Marketplace

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MBA865

Have a great business idea, but afraid there’s too much competition? Well, we’ve got great news: there’s no such thing! Contrary to popular belief, it’s actually easier to compete in a crowded marketplace than it is to be first. Creating demand for a kind of product that doesn’t exist is an uphill battle, to say the least. Having a customer base that’s already seeking solutions— that’s an advantage!

Today, we discuss how businesses have earned incredible success by “niching down.” They didn’t have to invent the wheel. They just had to make a wheel that an underserved segment of the market needed! Rather than looking for the golden product idea, they did something smarter: found out what was missing from the existing options. We discuss how to identify that need, and how to position your business as the solution. Click play!

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Today’s Sponsors:

Earth Class Mail

It’s crazy that we’ve moved everything we do for business over to the digital world, but still need to pick up, sort and manage physical mail. With Earth Class Mail you can get all of your mail scanned and accessible online 24/7. You also get a real, professional address to share publicly with customers, business partners and investors. Visit earthclassmail.com/mbamonth and you’ll get your first month of service free when you sign up using promo code MBAMonth.

Sumo

The #1 tool to grow your website’s traffic and your email list.
Sumo powers almost 400,000 websites!
Best of all, it’s free! Get started with their basic plan over at Sumo right now!

Constant Contact

No one makes it easier for small businesses to get big email response than Constant Contact. Unlike other solutions, Constant Contact has a smooth, drag and drop design, real-time formatting, and professional-looking templates, which provide the most simplified editing experience possible. See how you can be a marketer. Sign up for a free trial at constantcontact.com/podcast!

USAA

There are over 200 jobs available now at usaajobs.com. Be part of an organization that believes in you. USAA strives to attract, develop and retain diverse talent at all levels and cast a wide net to source the very best talent. Find your purpose with USAA. Visit usaajobs.com and join the team. Apply today.

The post MBA865 Starting a Business in a Crowded Marketplace appeared first on The $100 MBA.

  continue reading

2493 episodes

Artwork
iconShare
 

Fetch error

Hmmm there seems to be a problem fetching this series right now. Last successful fetch was on April 26, 2024 09:11 (9h ago)

What now? This series will be checked again in the next day. If you believe it should be working, please verify the publisher's feed link below is valid and includes actual episode links. You can contact support to request the feed be immediately fetched.

Manage episode 187969900 series 1565308
Content provided by Omar Zenhom. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Omar Zenhom or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

MBA865

Have a great business idea, but afraid there’s too much competition? Well, we’ve got great news: there’s no such thing! Contrary to popular belief, it’s actually easier to compete in a crowded marketplace than it is to be first. Creating demand for a kind of product that doesn’t exist is an uphill battle, to say the least. Having a customer base that’s already seeking solutions— that’s an advantage!

Today, we discuss how businesses have earned incredible success by “niching down.” They didn’t have to invent the wheel. They just had to make a wheel that an underserved segment of the market needed! Rather than looking for the golden product idea, they did something smarter: found out what was missing from the existing options. We discuss how to identify that need, and how to position your business as the solution. Click play!

SUBSCRIBE ON APPLE PODCASTS

Stitcher | Spotify | Podcast Feed | How To Subscribe

Give us a Rating & Review

Today’s Sponsors:

Earth Class Mail

It’s crazy that we’ve moved everything we do for business over to the digital world, but still need to pick up, sort and manage physical mail. With Earth Class Mail you can get all of your mail scanned and accessible online 24/7. You also get a real, professional address to share publicly with customers, business partners and investors. Visit earthclassmail.com/mbamonth and you’ll get your first month of service free when you sign up using promo code MBAMonth.

Sumo

The #1 tool to grow your website’s traffic and your email list.
Sumo powers almost 400,000 websites!
Best of all, it’s free! Get started with their basic plan over at Sumo right now!

Constant Contact

No one makes it easier for small businesses to get big email response than Constant Contact. Unlike other solutions, Constant Contact has a smooth, drag and drop design, real-time formatting, and professional-looking templates, which provide the most simplified editing experience possible. See how you can be a marketer. Sign up for a free trial at constantcontact.com/podcast!

USAA

There are over 200 jobs available now at usaajobs.com. Be part of an organization that believes in you. USAA strives to attract, develop and retain diverse talent at all levels and cast a wide net to source the very best talent. Find your purpose with USAA. Visit usaajobs.com and join the team. Apply today.

The post MBA865 Starting a Business in a Crowded Marketplace appeared first on The $100 MBA.

  continue reading

2493 episodes

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