Get Out Of The Neighborhood!!!

If you operate an off-line business today, one of the best ways for you to achieve massive success is to get out of your neighborhood.  An off-line business, often called a bricks and mortar business, has one major problem—the size of the market.  A bricks and mortar business draws from a trading area that is defined by a geographical radius around the business location. Depending on the size of the business, its uniqueness, and its reputation, the reach of this trading area can vary.  In a small community, typically the trading area is limited to that specific community and maybe a few miles beyond.  But outside of that, customers have other options and patronize other businesses.

It is for this reason that the huge global retailers initially originated the strategy of multiple locations.  One giant store can only generate so much revenue, but 100 of those same stores, dispersed throughout the country in different cities, can generate approximately 100 times more.  This multiunit concept is one of the basic principles of a chain or franchise organization.  Of course building that many new stores is very expensive, which is why large national chains and franchises require huge amounts of capital to operate.

Many of these large retailers have over the past several years adopted an entirely new strategy by taking their businesses online.  By opening up an Internet-based retail channel, many of these large organizations have been able to more than double revenue without the addition of one additional bricks and mortar store.

This strategy is one that any entrepreneur can copy.  It is also one of the reasons why online businesses are growing so rapidly today.  Virtually any person can launch an online direct marketing business, from the comfort and convenience of their own home.  You do not need to buy a building, pay for utilities, and—with the right business—don’t need to buy inventory.  An online business is highly cost-effective, and also puts the entrepreneur directly in touch with a huge marketplace of over 1 billion people.  By taking your business out of your neighborhood, you can promote your sales and marketing messages to a much greater number of people at far less cost.

An online enterprise today is clearly a recession proof solution to the problems that are plaguing us economically.  Unlike your neighborhood, because your market spans the globe, there are plenty of people who have money to spend and are willing to spend it regardless of the economy.  By accessing them through the Internet, you can ensure that your business survives and thrives.  Go online and find a turnkey business system that allows you to get started immediately.

 James Martinez is a business coach and mentor based out of Sunnyvale, CA, that assists serious entrepreneurs in building a profitable online business with multiple incomes streams. For more information and to contact James visit: www.10MillionairesBy2012.com