What's The Best Time to Market Your Business?

One of the mistakes that many entrepreneurs make is that they believe they should be marketed when they need customers. This is simply not true. You do not want to be frustrated if you cannot get the right pitch so invest in a good capo. It's like running a low fuel car like you want to market when you don't need customers.

 Some Examples of Marketing

Think about Apple, Apple is still spending millions of dollars advertising to get customers, when they already make billions-dollars. All these years Coca-Cola spent billions of dollars every year promoting Coca-Cola. Coca-Cola is already a global brand that you and I are familiar with, so why do they do it? They do it because they understand that you have to be in front of people all the time.

Marketing

Some Advantages of Having Many Customers

  • One advantage is that it is a supply and demand law, now it is working for you. Since you have a lot of customers, you can choose who you want to work with and increase the price of your product.
  • Because there is a lot more demand for what you are doing now. Even if you increase the price of your product, you will lose 10% of your customer base. It doesn't matter because you got new customers. Customers will be influenced by better and more profitable products. This time your profit goes up quite a bit. 
  • The last advantage you have is because you are dominating the market and people prefer your brand to your competitor's brand. More customers are coming to you than ever before and you are gaining more.
  • Now you will get the profit that you spent on marketing. Put this amount of profit in an emergency fund, it will come in handy in times of business crisis. One thing to keep in mind is that when you run out of cash, the business just goes out of business. If you have cash, you have stability.
  • This time your business is the safest you can bargain, get good deals, and hire good people.