Very few work at home or small business owners think about revenue generating. In fact, if you ask most how will your business generate revenue, most will give a vague, random answer that is based on clichs from business management and How to Start a Business books. After investing a few thousand dollars into the business, and spending several months struggling, the business owner is forced to sit down and create a strategy for generating wealth.
The ideal strategy is found in business expansion and promotion. It does not take a long time to create a strong revenue generating strategy. Small business owners who learn how to create a marketing plan will have the edge over their competition. There are a few basics that can help all work at home and ecommerce business owners.
Understand Marketing
There is a difference between marketing and sales. The act of selling generates revenue when a product is sold. Marketing is the act of attracting attention, branding a product or person, and then creating a buzz that will eventually result in sales.
A good marketing plan is an essential tool for any business, including ecommerce ones. It should be viewed as a...