Creating a business can be so challenging, but one thing we must do is just start, and that is where people get it wrong. We want to have it all before we start our business, including customers. This is not true, simply because there will always be something we need, and if you are waiting for everything to be complete before starting a business, you might not It will start in the first place, and in our heads, we want numbers for everything, thinking everything will be simple, but this is a lie.
When starting a business, it's important to understand that not everyone will be a potential customer, even if you're in the food industry. It's crucial to identify and target your ideal customer base and establish a loyal customer following. While some customers may be difficult to win over due to brand loyalty, it's still possible to create a successful business by focusing on your target audience and catering to their needs. Developing a solid business model that emphasizes customer retention is key to long-term success.
Have a target
Today, I shared with my friend the importance of creating a unique brand that resonates with your target audience. Despite the competition from other similar businesses in the same industry, customers are willing to travel from other states to patronize you if you have successfully established a brand identity that meets their specific needs. By creating a model that caters to your target customers and differentiates you from others, you can build a loyal customer base that will always seek out your services.
It's crucial to keep in mind that not everyone will be your customer. You need to identify and target your audience and develop a strategy to retain them, even if they relocate or move away. By building a business model around your work, you can ensure that your customers will remain loyal to your brand. Merely being in the food industry does not guarantee universal appeal. By recognizing this, you can focus on specific demographics and establish a loyal customer base. With persistence, your brand will gain recognition worldwide, and people will seek you out to be a part of it.
Just start from somewhere, have your target, and let it work it magic
Fear of trying something new has hindered countless individuals from pursuing life-changing opportunities. When we possess a feasible business idea, it's crucial to take action and launch the business. However, it's equally important to establish a target audience and create a business model to effectively reach them. Once this is done, success will come naturally. We shouldn't allow fear to hold us back from pursuing opportunities that could transform our lives. It's important to remember that not everyone will be our customers, so it's necessary to put in the hard work to develop a business model and strategy aimed towards our target audience.
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Recently I had similar thoughts on how to keep or regain the audience on Hive when I only write about movies and tv series when everyone else is writing about business and crypto, sometimes make me question if I choose the right topic to write about, got my target although not sure how to achieve this yet
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STOPI definitely agree. Focus on your target audience. I think its kind of similar to games as well because series like Pokemon have done well by catering to their audience but a lot of games just chase after the new thing. With nothing to really bring in a audience and how to keep them there. So there should be a target.