The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success

creating a market strategy

Accelerate wealth. Build a business that pays freedom. Join more than 70,000 entrepreneurs and register for the Fastlane Entrepreneur forum. Remove ads? Join the INSIDERS.

B.Cotter

Contributor
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Speedway Pass
Apr 23, 2020
48
54
119
Northern VA
Creating a “market strategy” or a “marketing strategy”?

There is a plethora of free information out there for you.
 

BizyDad

I used to be a banker but I lost interest...
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Summit Attendee
Speedway Pass
Oct 7, 2019
960
3,242
744
Phoenix AZ
yea I do actually so I'm actually getting starting on doing research on my competitors, im curious have you ever used semrush?
Yes. What's the third question?
 

Devilery

Bronze Contributor
Feb 11, 2019
70
111
124
This is a forum full of successful entrepreneurs, many people here probably do know more than a bit about marketing strategies.

What everyone tried to ask you is to be more specific.

- What's your plan?
- Where are you now? (e.g. have a product/service, but no customers)?
- What have you found/tried already?

For example, I just started a pressure washing business, but I struggle to reach new clients. I printed leaflets and handed them out in the neighborhood, but got little to no inquiries/calls. Should I explore running paid ad campaigns?

Your question is too broad. The answer currently is "yes", people here know "something about marketing".
 

Vasili27

New Contributor
Jun 2, 2021
41
10
14
This is a forum full of successful entrepreneurs, many people here probably do know more than a bit about marketing strategies.

What everyone tried to ask you is to be more specific.

- What's your plan?
- Where are you now? (e.g. have a product/service, but no customers)?
- What have you found/tried already?

For example, I just started a pressure washing business, but I struggle to reach new clients. I printed leaflets and handed them out in the neighborhood, but got little to no inquiries/calls. Should I explore running paid ad campaigns?

Your question is too broad. The answer currently is "yes", people here know "something about marketing".
Hi yes I do apologize my question was a little too broad, Im at the very early stages of creating a brand, I have a product that im interested in and my father suggested I do research on the customers . So I went out and looked for who my customers would be exactly, what they prefer and all the analytics. So I have that information but I was also told to create a marketing strategy, I did go online and looked around and do see that there are more components involved. obviously I now realize that doing the 5c, PEST and SWOT analysis is beneficial too me so I went and checked out a website called semrush and was looking into purchasing a monthly plan to do research on my competitors and all that information. But my main question is if anyone has some tips to creating and executing a marketing strategy and also with all the information Im looking at obviously I should be retaining but should I be writing it down?. im only 17 years old im hungry to succeed in ecommerce and learn as much as possible, I previously had a drop shopping store about a year ago and didn't do much of these things, simply because I didn't know until I started learning these things
afterwards. any help is appreciated, much thanks.



Also my plan is after I do my research, I thought I would be good to go out and purchases some leads through uplead and maybe try a referral campaign to try and get some free leads. I figured this would be a good idea because I used klavyio before during my drop shipping store but the only emails I had were the people that purchased through my site. So after realizing I can purchase leads I figured I should collect some after I do my research and set up an email blast with klavyio before I launch my store so I have it ready ahead of time. I also was looking into setting up my FB or IG ads before touching the store as well. because then when I made my original store I didn't set these things up till after my store was up. so im kinda learning from my mistakes here.
 
Last edited:

woken

Bronze Contributor
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Speedway Pass
Mar 24, 2021
120
141
132
Basics like knowing your target audience is vital, yes.

But who on earth does SWOT analysis for a business you’re just starting?

I agree with the quote
Give me six hours to chop down a tree and I will spend the first four sharpening the axe.”

But sometimes Nike’s “ Just do it.” fits better.
 

Vasili27

New Contributor
Jun 2, 2021
41
10
14
Basics like knowing your target audience is vital, yes.

But who on earth does SWOT analysis for a business you’re just starting?

I agree with the quote
Give me six hours to chop down a tree and I will spend the first four sharpening the axe.”

But sometimes Nike’s “ Just do it.” fits better.
well I was just looking at market strategy plans online and I saw that and figured it was important, but I understand what you mean because the business hasn't been started yet I too thought the same thing when I read about it.
 

Sponsored Offers

  • Sticky
MARKETPLACE NEW: The Best School for Going Fastlane (Now open for summer enrollment)
Great post here from @themarkboogie He only started learning code in Jan of this year also...
MARKETPLACE Fox Web School "Legend" Group Coaching Program 2021
Any update? Hey bud! When I can squeeze out the time to work, it's been going pretty well...
MARKETPLACE Not sure how to start? This free book will teach you how to build a successful web design business
Hi Fox. Starting the book and got through the introduction. Had a conversation with Andy Black...
  • Sticky
MARKETPLACE You Are One Call Away From Living Your Dream Life - LightHouse’s Accountability Program ⚡
Chris is super sharp and is aware of many facets of entrepreneurship and can help get your...
  • Sticky
MARKETPLACE Lex DeVille's - Advanced Freelance Udemy Courses!
This month's promo code is MINDCONTROL Those who are subscribed to my new Youtube channel will...
  • Sticky
MARKETPLACE Entrepreneur's Toolbox: Company Formation, Virtual Mailbox, Registered Agent, Remote Online Notary
Appreciating the transparency and lack of hidden fees. The website is very up-front and user...
Introducing MJ's Personal Unscripted Network, Join Now for FREE!
Any chance to make it available outside of US? It has been available outside of the US on...

Forum Sponsor

Learn Fastlane Business Skills & Get Profitable Within 30 Days...

Get Started Now

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Ideas needing execution, more!

Join Fastlane Insiders.

Top Bottom