Using A Shotgun To Build An Empire
In my quest to become internet savvy and to create an online
income I came across this cool ebook that describes an overall
business structure/strategy that would allow you the best
chances of success. This is probably one of the best ways to
create an empire through careful planning of your internet
venture. This method is slightly different from what I've been
preached to but I like what I've been reading. It goes like this
- if you want the best chances of success, you use a shotgun to
hit your target. Let me explain.
With a shotgun, there are many pellets in a shot and it sprays
when it is fired. The concentration of pellets is closer to the
centre and it thins out as it goes further away from centre. If
we use the analogy that our product is the shotgun and the bulls
eye is the target market, then the main area of damage of the
pellets (or your efforts) will be the centre. You have to
realize that not only will the centre area be hit and targeted
but you will also hit some of the surrounding areas.
What this means is that from your efforts of the shotgun
approach you will have different levels of markets that will be
interested in your product. They will range from intensely
interested, interested, have a passing interest, to almost no
interest whatsoever.
For example if you were to have a French bread making product:
- people that were visiting a French bread making site would be
very targeted traffic and most likely intensely interested. They
would be centre of the target
- If you had traffic that was coming from just a normal break
making site then they would probably have a healthy interest in
your book as they are in the next level of the target
- In the 3rd level out and further away from the middle of the
target, the traffic may come from a cooking website. They may
need some education about the joys and benefits of French bread
as a compliment to different types of food and occasions.
- The last area, also the furthest area away from the middle of
the target includes the rest of the marketplace. These are
people who are probably not interested in cooking or French
bread at all.
Now to get the best effect of this shotgun effect would be to
add additional shotgun splatters so that the different target
markets can get an overlap and therefore you can have cross
promotion happening. Using the French bread making example, you
could add continuation lines like French desserts, French soups,
French roasts as shotgun splatters surrounding the original.
Another offshoot to the original French bread making splatter
could be Italian breads and its relevant extensions. Could you
see how these could all interlink and your customer could be
interested in your later products? I think the potential is
endless and I could see how you could build an empire starting
from a single product.
Mark Choy