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Brad-Wishing · 12-14-2003, 03:38 AM

Discussion Topic: How important is it to branch out your business to incorporate more products, or more niches, or more services.
Do you plan on extending how you do things? Do you plan on starting a new niche freesite?

If you DO plan on starting new areas, talk about how and why you are doing this.
If you do NOT plan on trying any new tactics or strategies, tell us why you have chosen to stick to ONE thing.

In business, most people know that there is a cap on maximum revenue. Once capped it is time to move on or branch out or invest in new areas. For example - Coke Cola knows it can only make so much on Coke. So it started selling Tacos, dips, buying up resturants etc.

Pepsi bought up fast food chains, released new beverages and snacks to help bring in NEW sales from different markets.

How do you plan on maximizing YOUR revenue?

This is one of those Free DVD threads. Bring up the best points, present the best argument, or give the best hints/tips and one lucky person will find themselves with a free Sony 5 disc DVD player!

Remember, we want to hear good ideas and fresh tips... good rebuttles. Arguments are good. Have it out - treat it like a brainstorming session.
This is also to help spread knowledge around the board. Community!

Go!

12-14-2003, 03:38 AM
Brad-Wishing Confirmed User Join Date: Oct 2003 Posts: 2,415	Discussion time: Diversity in 2004 Discussion Topic: How important is it to branch out your business to incorporate more products, or more niches, or more services. Do you plan on extending how you do things? Do you plan on starting a new niche freesite? If you DO plan on starting new areas, talk about how and why you are doing this. If you do NOT plan on trying any new tactics or strategies, tell us why you have chosen to stick to ONE thing. In business, most people know that there is a cap on maximum revenue. Once capped it is time to move on or branch out or invest in new areas. For example - Coke Cola knows it can only make so much on Coke. So it started selling Tacos, dips, buying up resturants etc. Pepsi bought up fast food chains, released new beverages and snacks to help bring in NEW sales from different markets. How do you plan on maximizing YOUR revenue? This is one of those Free DVD threads. Bring up the best points, present the best argument, or give the best hints/tips and one lucky person will find themselves with a free Sony 5 disc DVD player! Remember, we want to hear good ideas and fresh tips... good rebuttles. Arguments are good. Have it out - treat it like a brainstorming session. This is also to help spread knowledge around the board. Community! Go! __________________ SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, then you may use a 624x80 instead of a 120x60.