Sunday, December 16, 2018

Use the 80/20 Rule to Find Untapped Markets

What's one of the best ways to sell more products?

Find more people who want to buy it.

And this can be done with untapped markets.

In dictionary terms, an untapped market is defined as "demand that has not been met by an existing product or brand, or a market that could use an existing product in an innovative way. An untapped market is often the impetus for product innovation or customization."

This means looking for a product that no one else is offering, or finding different markets for an already existing product, or customising a product to fit a new market.

Can you see the huge income potential in this?

And it's easy to do using the 80/20 rule.

All you need is an internet connection and a few hours to spare, to research and find missing revenue that you never considered before.

The 80/20 research method can help you gain 80% benefit because you'll be able to target your most responsive customers and rabid buyers.

And you'll find them in places you never knew existed.

Once you know how to do it you'll slap your forehead and say, "Duh!"

You'll find it on page 64 of Perry Marshall's amazing book, "80/20 Sales and Marketing."

80/20 Sales and Marketing: 
The Definitive Guide to Working Less and Making More
Guided by Perry Marshall, sales and marketing professionals save 80% of their time and money by zeroing in on the right 20% of their market — then apply 80/202 and 80/203 to gain 10X, even 100X the success.

Find out more by clicking the link below.

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