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Results for: Business Analysis

Sure, it's always good to do SWOT at any point of time in business. It gives you a perspective on what's going right and what might go wrong. Critical it is to undertaking enhancements in your business and marketing strategy. It can also drive you towards innovation. Go ahead and do that!

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Great question, this is something that can be handled with a proper deal structure involving some vendor financing. I recently did a video about this very topic for one of my YouTube followers. Check it out here: https://youtu.be/hWm4ZQxWlEw You basically make the vendor's outstanding gift ...

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This is a great idea! You are essentially guaranteeing our success by providing the demand search capability that users will build for you to promote to car dealers. Having the search traffic, it would be extremely beneficial for dealers to want to partner with you. You can go a bit further and p...

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Evaluating a prospective investment requires getting to know a company over time. There are four main stages of evaluation: a) The “first read” (which can be an instant reaction to determine whether the deal matches the firm’s strategy), b) The first meeting (in which the team can be evaluate...

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If you can win a customer on price, you can lose a customer on price. But its not price, that customers are sensitive to...its value. To answer your question, its important to be in a similar pricing range to your competition if you want to play the pricing game and commoditize your product. But ...

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The business model should (in most cases) adapt to your product. No the other way around. I wrote two examples of how companies should adapt their monetization strategy to what their customers actually want the product to do, and not the other way around. You can read them here: https://medium.c...

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I would do another test run to confirm that it wasn't a one-time lucky streak that you hit. These numbers are definitely relevant to investors as they want to know the conversion rates. You should calculate your Customer Acquisition costs as this number will be important to investors. However, lo...

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Easy... Contact companies you would want to work for and offer to intern or work for free for a few days/week under someone with that experience. Soak in the info. Help them in other areas. Ask a lot of questions as if you are completely new to the field.

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Here are a few factors I would look at: - Mobile Friendly - Page Load Speed Testing - Competitor Analysis - Typical Industry Conversion Rates A few other things to look at I would recommend would be: - Look at insights/data from companies that do a lot of testing with different designs and con...

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Chaos here may suggest the business is behaving randomly, causing disorder/ confusion, increasing the difficulties in managing it. If the operation is a system, then the management is a system to control the operation with the purpose of achieving desired business objectives. People find it har...

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