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Doing Market Research
Season 1 · Episode 186

Doing Market Research

Faith Based Business Podcast · Robert Thibodeau

October 28, 20245m 50s

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Show Notes

Takeaways:

  • Starting an online business is as challenging as starting an offline business, despite common beliefs.
  • Lower barriers to entry in online business do not make it inherently easier to succeed.
  • The failure rate of online businesses is significantly higher than that of brick and mortar stores.
  • To succeed, you must genuinely understand your target market and their pain points.
  • Creating an effective ask page is crucial for collecting potential customers' contact information.
  • Providing something of value, like a cheat sheet, can encourage visitors to share their email addresses.

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Watch the video here: https://youtu.be/H7mPzXIpVMM

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