If it comes down to you being able to either match or totally out spend your three nearest major competitors. Are you both mentally and financially prepared to go down this particular road?
And if doing so doesn’t immediately produce any bankable financial results. How long can you afford to hang on? On the other hand. What if you or your major competitors start consistently forming, some mutually beneficial strategic alliances of some kind.
Can you see and appreciate how consistently doing so. Helps you or your major competitors build and expand your brand. For literally pennies on the dollar.
Because as you do so. You or your major competitors automatically and systematically expand your reach. Because you’re leveraging other non directly competing vendors, current and future assets and resources.
Often for no or very little upfront out of pocket costs. How often do you think that happens? Agreed.
So Have You Ever Wondered What Are The Benefits Of Forming Strategic Alliances?
It’s a great question. And luckily for you. The long term answer is. There are a ton of potential long term benefits. To you and I or your major competitors. Consistently forming various types of potentially profitable strategic alliances.
For you thing. You instantly increase your previous and future reach by X. And doing so won’t continuously cost you or your major competitors X. For example.
Below are some screenshot images, of various non directly competing vendors of all types. Who periodically reach out to. Usually to form strategic alliances through collaborations. Huh? In short. Just like you and I. They’re also content creators.
And they wish to:
A.) Do a guest blog post on my blog. Either once. Or very rarely. But sometimes they wish to periodically contribute ongoing fresh content to and for my constantly growing audience.
B.) Or if nothing else. They wish to have me (or you) link to their blog content. (BTW, here’s the link to the blog post Catherine is referring to. It’s referencing effective Email Marketing For financial Planners.)
If Forming Potentially Profitable Strategic Alliances Is So Darn Profitable! (Why Don’t More Aspiring Entrepreneurs Utilize Such A Powerful Marketing Strategy?)
It’s great question. Which I honestly have no good answer for you.
So Why In The World Would You Not Want To Consistently Leverage The Assets And resources Of Other Non Directly Competing Vendors?
Your guess definitely meets mind. Say for example. Look at the current DA (Domain Authority) of enplug.com’s blog.
You Or Your Major Competitors Start Systematically Leveraging other Non Directly Competing Vendors Assets Or Resources! (And You’re On Your Way!)
Case in point. Consistently gaining quality back links from relevant sites. Is a proven way to get Google and the other main search engines attention. And your sites overall visibility will steadily increase as well.
So forming these strategic alliances, both on and offline BTW. Definitely make sense. Don’t you agree?
Are You Gonna Keep Ignoring The Long Term profit Generating Potential Of Mutually Beneficial Strategic Alliances?
P.S.Now as is customary during this part of our show.Please share your extremely valuable comments (in the comments section below)
that you can apply to your business,product or service in the next 30 days or less!
As always, if you got any value out of this post, please share this on your favorite social media sites or tweet this.Thanks!
And if you’re currently registered on Linkedin or twitter,and you’re serious about about doing some type of power networking.Let’s get connected asap!
Extremely important note:And if by chance, you happen to know any of the lesser known podcasters,(or radio show host)
who also target,small business owners,service providers or aspiring startups entrepreneurs etc.
And they’re pro-actively looking for potential guest speakers.Please don’t hesitate to-either- pass their name and contact information directly
to me or vice versa!Thanks!
(Click the link just below, and watch the first video at the top of the page, if you’d like to see the entire 33 minute replay, of a guest podcast on
marketing your small business or service. I Recently appeared on.)
And be sure you grab your explosive free 22 step small business marketing idea kit series,because it will help you increase your gross profits by
as much as 25% in the next 90 days or less.
And help you master your effective communication in marketing skills.(No matter what your particular niche market is.)
It’s a $97 dollar value and it’s free!