|
|
3 Roads To Success, Right Here.If either you're thinking of starting a Jump Business or looking for a way to expand a certain empire, there are 3 time-tested favorite Techniques you can use to be able to gain a good competitive edge. These techniques are 3 basic business strategies that can help you to create a new business or push your business to the next level of success: If you take in these new strategies as your Business Motto, You will be more likely to view and take lead of opportunities to grow your business bottom line and customers base. The stories of America's Top Producing Businessmen prove that applying these methods in a creative, clever and timely fashion can help propel a jump business small start-up to the status of industry leader. 1. Go on a Hunting Trips and Find a Low Competitive Niche
That's the story of Gary and Diane Heavin, founders of the Curves International fitness system. When the company launched in 1992, the Heavins had just $10,000 in savings to invest in their company. Today, Curves is the world's largest fitness franchise system, with 10,000 franchise locations in 65 countries. How did Curves soar to the top? Instead of competing one-to-one with fitness giants like 24 Hour Fitness or Bally Total Fitness, the Heavins decided to serve the fitness needs of three Low Competitive Niches: middle-age and older women who are eager to get in shape but might feel intimidated by large gyms teeming with young, hard bodies; busy working women whose schedules could more easily accommodate the Curves 30-minute workout; and budget-conscious women who simply couldn't afford the pricey monthly membership dues charged by the major gym chains. Early on, Curves clearly set a standard for itself from the pack of gym competitors. Its services and clients were different. Aiming at an Low Competitive Niche is a path that Jump Business start-ups can take. Even a giant sized billion dollar company can't offer everything for everyone. Targeting the right niche -one that other business owners have neglected or ignored, can help build a strong and loyal customer base while limiting competition. 2. Forget The Old Ways Of Business
Dissect them, slice and dice them, think different "what if" scenarios in your mind. With no capital to speak of -- just $700 in cash -- John Paul DeJoria, cofounder of hair products giant John Paul Mitchell Systems, Forgot the old when he launched the Paul Mitchell line of hair-care products and decided to sell them solely to stylists and salons -- never to supermarkets or drug stores. Today, the company boasts more than $900 million in annual salon retail sales. That unique system of distribution nurtured exceptional customer loyalty. The Paul Mitchell brand not only provided quality hair products for use in salons; it also created a new revenue stream for the stylists. Many of their own customers bought the shampoos and conditioners for use at home. 3. Spot a New Niche and Execute
The Moral of the story is that there are opportunities for you right now. You just have to use these 3 methods and execute the plan. See opportunities here Business Resources Article Tags: Competitive Niche, Paul Mitchell, Geek Squad Source: Free Articles from ArticlesFactory.com
ABOUT THE AUTHOR |
||||||||||||||||||||||||||||||||||||||||||
Partners
|