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The Online World resources handbook

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Getting an edge over your competitors http://home.eunet.no/~presno/bok/11.html<br />

To sell products and services, you need sources for identifying potential buyers. With a<br />

little ingenuity, you can probably create your own list of targeted sales leads, simply<br />

using your modem.<br />

How would cosmetics sell in Japan? What about sneakers in Mexico? In the age of<br />

the global business community, questions about expanding product services beyond<br />

national borders abound.<br />

It is safe to claim that the best business opportunities are outside your company, in<br />

the external world.<br />

Companies need to watch customers and markets, find technologies to help develop<br />

and build products, research new business actions, find new subcontractors and<br />

suppliers, people to hire, and persons to influence to boost sales.<br />

In this marketing age, where sales calls cost hundreds of dollars and business<br />

to business marketers use the telephone or the mails to reach prospects, maintaining<br />

complete and accurate market lists is important.<br />

<strong>The</strong>re are many other questions: What are our most important customers and their<br />

key people doing? What new products are they promoting? Who are their partners?<br />

What else may influence their willingness to buy from us?<br />

What prices are our major suppliers offering other buyers? Should we get other<br />

sources for supplies? What major contracts have they received recently? Will these<br />

influence their ability to serve our needs?<br />

What new technologies are available now, and how are they being used by others?<br />

Threats are the reverse side of opportunities. What are our competitors doing? What<br />

products and services have they launched recently? Are they successful? What are our<br />

competitors' weaknesses and strengths? What relationships do they maintain with our<br />

most important customers? How is their customer support functioning, and what<br />

methods are they using in their quality assurance?<br />

Are new trade regulations being introduced in important foreign markets?<br />

Each company has its own priorities when it comes to watching the external<br />

environment. <strong>The</strong> information needs differ depending on what products and services are<br />

being offered, the technological level of the company, the markets that it addresses, and<br />

more.<br />

Needs and priorities also differ by department and person, for example depending<br />

on whether a user is the president, a marketing manager, product manager, sales person,<br />

or has a position in finance or production.<br />

Remember your priorities when online. You cannot possibly capture and digest all<br />

information that is out there. Your basic problem is to find the right information in the<br />

right form at the right time.<br />

Consider appointing an online manager. Select and empower a central manager to<br />

oversee the process of exploiting the online resource. A "make things happen" person,<br />

who can also be a contact point for upper management.<br />

Monitoring your own business<br />

What kind of news about your company is being published? What do others say about<br />

your products and services? What kind of exposure do your new product<br />

announcements get in the media?<br />

Maybe you will find useful sources to monitor at NewsCenter?<br />

Monitoring other people's Web pages<br />

Monitor changes in your competitors' "What's New" or "Product Description" pages by<br />

subscribing to the MyMindit service. For a small annual fee, you'll get a notification by<br />

email each time an identified Web page changes. Alternatively, have the Web page sent<br />

you as html mail or mail attachment, or the notification sent to your pager or cell phone.<br />

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tracked. <strong>The</strong>re is a more comprehensive service for webmasters.<br />

Web2mail also delivers web pages as attachment to email whenever they change.<br />

You can also request files of the following formats: PDF (Adobeô Acrobatô files),<br />

GIF, and JPG image files. Subscriptions may be done from the web page or by email.<br />

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