The advent of the Internet has made this world an almost borderless world. In the context of enterprise, the Internet is becoming more and more important to many companies and organizations around the globe. It has greatly expanded the market and enhanced the market reach of businesses, be they small businesses or multinational corporations, to the extent that whatever market segments they can’t reach previously, they can now do so to a large extent.
In the context of Internet Marketing, my central message to business owners is that in order for you to have the competitive advantage, you’ll need to effectively identify and attempt to satisfy the genuine needs and wants of specifically defined target markets, and that you’ll have to do so more effectively than your competitors.
Your ability to do so will have a positive profound impact on your business.
What Is An Internet Market?
There’re many definitions of the term “market”; it all depends on the context in which it is used. The way I look at “market” is that it consists of people and/or organizations that have needs to be satisfied, have the...