What I love about the internet, and business in General is there is a lot of things to get into. And even more ways to diversify those things. In todays article for DIGITAL MARKETING, I want to touch on a few things that will lead to future articles. For more info on what we do and how much fun we have doing it check out LeeFranksmarketing.com LeeFranksmarketing.com
Arbitrage has always been a huge weapon in business. As long as your getting it low and selling it for a nice profit (high) you will stay in business and stay profitable.Competitive advantage is a way of looking at the Market Place and finding a way to get products cheaper than the competition. And then offering additional service beyond your competition to create an environment where customers keep coming back. That begins to create a moat which is a great platform to build a business on, that is insulated from the competition.
Virtual assistants is something I picked up on today. (07/08/2016) by using a virtual assistant you can get more of the begrudgingly stuff done and get it done quicker. It’s like hiring an employee for a third of the price. And this is where Currency arbitradge comes in. Look for markets where the market is strong and begin researching the price of a good virtual assistant. India is a good example of a vast emerging market where combining your business with a partner is very viable. I noticed some sellers on ebay who have many items to sell, but continue to be single proprietors using VA’s to great effect. They aren’t big enough or profitable to hire a second employee so they use a VA to get some of the drugery done.Thanks again for reading my articles and contact us at leefranksmarketing.comLeeFranksmarketing.com