Ending Soon! Save 33% on All Access

Target Practice Don't launch an advertising program until you know <i>exactly</i> who your customers are.

Before you spend a lot of money planning an advertisingcampaign, you must know who is most likely to buy from you. Askyourself the following questions:

  • Who will buy my product or service? Am I selling to individualconsumers or to businesses?
  • Why will they buy it?
  • Where and how do my competitors advertise?
  • Am I positioning my product or service correctly? If you face agreat deal of competition, you might want to look for a marketniche.

Excerpted from Starting a Home-based Business

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Career

Is Consumer Services a Good Career Path for 2024? Here's the Verdict

Consumer services is a broad field with a variety of benefits and drawbacks. Here's what you should consider before choosing it as a career path.

Business News

'Creators Left So Much Money on the Table': Kickstarter's CEO Reveals the Story Behind the Company's Biggest Changes in 15 Years

In an interview with Entrepreneur, Kickstarter CEO Everette Taylor explains the decision-making behind the changes, how he approaches leading Kickstarter, and his advice for future CEOs.

Business Models

How to Become an AI-Centric Business (and Why It's Crucial for Long-Term Success)

Learn the essential steps to integrate AI at the core of your operations and stay competitive in an ever-evolving landscape.