The Successful Market Exit Rule.

The Successful Market Exit Rule

What is actually a market?

 

 

Physical Market

Digital Market

A Market is actually a place where people interact with each other to fulfill their needs.

The need of the buyer is the product which he/she wants and the need of the seller is the money(profit).

In this way both buyers and sellers interacts with each other to full-fill their needs.

A Market may not be always physical,it may also be a virtual market where buyers and sellers do interact with each other but virtually.
Eg: E-Commerce sites(Flipkart,Amazon,etc).

Is their any scope of large profit in Virtual Markets as that of physical Markets?

The Successful Market Exit Rule

 

Yes,their is scope of large profit in virtual markets as that of a physical market.Infact in today's scenario almost 75% of the Markets supplier have moved to online Business.Both buying and selling of products are done in a very profitable way.

Actually the question arises when a seller thinks, "how to convince their buyer to purchase their products as they use to do in a physical market?"
But that's not an issue at all,if one knows how to post a product efficiently and in an attractive way then their half job is done,buyer will automatically come attracted to their products.

Now the next question that comes in seller's mind is "Online Business me bahut lafda hoga".
But my dear friends that's just a myth.Online business is actually very easy and very transparent,one can easily track each and every step of his business from customer's order till delivery and even the settlement of money in their bank's.

" Market is actually an opportunity especially for the people who want to sell something to make a lot of money with or without an investment."

Doing Business without any investment?

The Successful Market Exit Rule

Yes,You heard it right,"Doing Business without any investment" is now possible.Earlier we never had thought about starting or entering a business without investing in it.
But in today's scenario when Digital Marketing is in it's full-pace,starting a business or entering into a business without investment is that possible as that of hitting a pebble with an iron bat,yes it makes a loud noise and that's what your business will  do.

So here come's the concept of "Affiliate Marketing".
Affiliate Marketing is actually doing a business without any investment,you simply need to sell other's products and earn commission.There are many affiliate programs running on the internet which any one with a social media account and a website or app can join and earn money.
Example: Amazon Affiliate Marketing, Flipkart Affiliate Marketing,Tata Cliq Affiliate Marketing,etc.

Doing Business With Investment .

Now let us discuss about starting a business with some investment.Actually starting a business physically(means with a shop,furniture,staffs,etc)is really very costly for someone with a little amount of money to invest.So in such case online business is really a gift.
Starting an online business needs complimentary social media handles(and that too in each and every social media sites), a Website(with Top-Level Domain) or an App(Better if it is in Play Store) for publishing your products and a little more investment for running ads.And that's it, your business is now live,you can sell products directly to your customers and keep all the profits with you.Unlike Affiliate Marketing(Where you get a very little commission on selling a product),here with your own site and products a seller can keep all the profit with themselves.



Now Once you have understood the concept of market and how to start a business with and without investment and even some strategies for a successful business,then comes the concept of:

The Successful Market Exit Rule.

The Successful Market Exit Rule

 

Every Businessman want's that his/her business should end with a lot of returns or a huge profit.No one ever wants that when their Business stops,they have no money left or saved for future investment or other use.

Unlike Virtual Market or E-Market you can not exit the market all at once,because you already have done a lot of investments there;means in Physical Market even if your Business is running low and you have predicted that the Business will no longer be able to sustain,you are forced to run it because you can't end it and exit the market all at once.And at this very moment you have your profit saved from the time when your Business was green,but sadly you can not save it anymore because you are forced to open your shop and that costs Electricity Bill,Management Bill,Transportation Cost's,etc,etc...which takes away all your earlier saved profit and now as your business is not returning you anything you are forced to put you earlier savings in the present costs and in this way at last you have nothing left when you finally "Exit-The-Market".

However, E-Market allows once and gives such flexibility to Exit-The-Market whenever one wishes.Once after starting a Business Digitally if you feel that your Business is running low; you can stop that business at that very moment with the present amount of profit you have.Hmm..you may think about your sites and your reputation,but that's a very different topic.In Business, profit is all that matters.If you have a huge reputation with low profit then you will only not be able to sustain in the market for a very long time,so it's a smart choice to 'Exit-The-Market' with the profit you have when your Business goes low and it has no scope of growth later on.

Thus,that's it with the "The-Successful-Market-Exit_Rule" we have actually covered 35% of the Business and Market and the rest 65% is all about Marketing Strategies,Rules,Ethic's,Motivation,etc.


So,stay tuned we will return with more interesting lessons next time.