S7 E11 Outcompete the Competition - Find your perfect market penetration strategy with Jeremy Gray artwork
Practical Solutions to Difficult Problems with Jeremy Gray

S7 E11 Outcompete the Competition - Find your perfect market penetration strategy with Jeremy Gray

  • S7E11
  • 12:59
  • October 20th 2021

Find your perfect market penetration strategy? Speed of penetration Unless you are lucky enough to have a product or service that goes viral faster market growth costs more money Penetration pricing High customer acquisition costs Capacity build Loss of prestige Go with a big bang? Or fly under the radar? Use your minimum viable product to test concepts What if you must grow fast – Product offering value is based on the number of users. Or there are high switching costs. What if there are low barriers to entry? Regional or National? You may have to adapt your strategy based on the resources available to you, both financial and people

​Tags: How to start a business; Achieve start up success; How to assess your competition; The successful entrepreneur; business common mistakes; small business startup; avoid these common mistakes of business; mistakes in business; IBGR.network; Jeremy Gray; Practical Solutions to Difficult Problems

Practical Solutions to Difficult Problems with Jeremy Gray

After over 30 years in the MNC corporate world at the C-suite or General Manager level I am now focused on helping Entrepreneurs and SME's succeed. Using the lessons learned from working in Europe, North America and Asia while as an MNC executive along with 7 years supporting smaller businesses I bring this knowledge to my listeners. The topics will change but the message will remain the same, how to profitably grow your business.

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