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When
starting your U.S. operations, which do you focus on first:
marketing or selling?
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Either direction has pros and cons.
If you try to sell your products or services with the wrong
marketing messages, you may not only lose time or money, you
might also be classified in the wrong market niche by market
analysts. On the other hand, do not spend months fine-tuning
your marketing message. It will certainly change when your
sales team hits your competition.
Our advice: Jot
down a clear elevator speech for each potential market you
want to address. Try to write the following document (we'll
call this a "product script") in one page and LESS than 100
words, for each of your markets:
- Which business problem do you address?
(25 words)
- How unique are you? (3 bullet points
and 50 words)
- What is the return on investment
(ROI)? (25 words)
If you have
been able to write three or four different product scripts,
pick the one that is the shortest and where the ROI is obvious.
Focus on this niche market only. Keep in mind that the most
important aspect when you start your U.S. operations is to
gain your first references quickly. It does not matter if
you get them from a niche market; you have to reassure your
investors and your team as soon as possible.
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Questions? |
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