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Cake day: October 17th, 2023

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  • jcurie@alien.topBtoStartupsBusiness plan
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    1 year ago

    Chose a specific target market segment. That will drive your marketing and pricing, greatly simplifying your business plan. For example, AppCraft is aimed at creating solutions for mid size credit unions in the US. Something specific like this lets you work out how to get a list of mid-size credit unions and a couple different ways to reach them (sales team, email marketing, conferences, etc). If you leave it wide, AppCraft sells application to anyone with a wallet, then you it’s not clear at all how you would find these people in a repeatable way, nor is it clear that any two would have consistent problems and budgets.

    Hope that helps.