How to Successfully Expand Your Business Into New Markets

The Jasmine Star Show

Jasmine Star

Jasmine Star, Business, Start A Business, Instagram Growth, Social Media, Business Strategy, Online Marketing, Business Tips, Entrepreneurship, Social Curator, Marketing, Photographer, Social Media Strategy, Photography

4.9 • 2.7K Ratings

🗓️ 24 October 2024

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

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Summary

Do a gazillion questions come up when you think about expanding your business?…What will my competition be like?…Will my messaging land?…How can I stand out and make a great first impression?If you’re squinting your eyes, wrinkling your nose, and nodding your head yes, GOOD. These questions are exactly what you should be asking. They’re the starting point for navigating business expansion.In this episode, you’ll learn the key elements of a successful go-to-market strategy, the prep work...

Transcript

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0:00.0	I help you scale your business.
0:01.4	And this is really important to me,
0:03.0	especially when I read that statistic about how businesses
0:06.1	that have a well-defined go-to-market strategy
0:08.1	are 31% more likely to hit the revenue goals.
0:11.3	Now, I knew I wanted to share more about my experiences
0:14.1	and the experiences that I've had with other entrepreneurs. So when do you need a
0:19.7	go-to-market strategy? Welcome back to the Jasmine Star Show
0:22.8	or we discuss business mindset
0:24.2	and today expanding your business into new markets.
0:27.6	Specifically, expanding your business
0:29.4	into new markets with a go-to-market strategy. I actually read a study not too long ago from McKinsey and company that said,
0:36.0	quote, a company with a well-defined go-to-market strategy is 31% more likely to achieve the revenue targets."
0:44.0	End quote.
0:45.0	Y'all, 31% when I read that statistic, I wasn't necessarily surprised,
0:50.0	but it did let me know that this was something I needed to record an episode about
0:54.6	because I can't stop thinking about it.
0:56.3	But first, you know the drill.
0:58.0	I would love to read some words from a friend who rated and reviewed the show.
1:02.2	AHL 22 gave us five stars and said,
1:05.0	thank you for showing us what's possible.
1:07.0	The block building is good stuff.
	...

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