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Marketing & Sales: Mistakes to Avoid

Here are some of the most common mistakes found in the marketing and sales section:
  • Defining your target market too widely, and assuming success will result from simply capturing a "small portion" of this enormous market.
  • Unclear definition of your target market.
  • Attempting to attack an entire market instead of a narrow niche.
  • Making assumptions about your target market without research or concrete support.
  • Not specifically identifying the mediums you will use to advertise and promote your product.
  • Omitting details such as when, where, why and how you will reach your target customer - along with costs.
  • Making the assumption that offering a lower price will lead to increased sales.
  • Underestimating the importance of packaging, brand name, and reputation.
  • Attempting to immediately fill several lucrative but unrelated markets.
  • Lacking clarity about how future changes might affect your market.
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