Thursday, August 16, 2018 1:15:41 PM
Let's take advertising for example. Yes, the normal way of thinking is to advertise to sell products. I get that. But what if, for example, that I had on-going negotiations with a much larger company---like WAY much larger company---and part of that agreement was that my product was going to be a part of their product. And that the much larger company told me, "we will be handling the advertising of the product, not you." Which of course is a much better strategy. And let's say for example I had limited funds. What do I do with those? Use them on advertising---or perhaps on filling orders.
I would say to fill the orders first, especially if I was a company who was small, but with great potential. So much potential in fact that much of the business world was aware of the game-changing product and patents I held. Still a small company fighting to survive until the much larger company, er, I should say companies (plural) went into partnership agreements and took care of my cash issue. THEN, I may entertain advertising. Would I love to have enough to both fill orders and advertise. Absolutely.
But if given the limitations I've described, the I would believe I was currently on the right path. Stay afloat until the MASSIVE opportunities currently being negotiated come to fruition. Something to consider.
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • BLO • Apr 25, 2024 8:52 AM
Kona Gold Beverages, Inc. Announces Name Change to NuVibe, Inc. and Initiation of Ticker Symbol Application Process • KGKG • Apr 25, 2024 8:30 AM
Axis Technologies Group and Carbonis Forge Ahead with New Digital Carbon Credit Technology • AXTG • Apr 24, 2024 3:00 AM
North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM
Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM