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Game Of Ads - Why 86% Of Online Businessss Are Destined to FAIL

Published on: December 7 2022 by It's Ben Malol

- The world of online business is highly competitive, with many companies vying for the attention of consumers.

- Despite this, 86% of online businesses are destined to fail.

- In this article, we will explore the reasons behind this high failure rate and what online businesses can do to avoid becoming another statistic.

Reasons for Failure:

- Lack of differentiation: Many online businesses fail because they fail to differentiate themselves from their competitors. They offer the same products or services as everyone else without any unique value proposition.

- Poor website design: A poorly designed website can turn potential customers away before they even have a chance to explore what a business has to offer.

- Lack of marketing strategy: An effective marketing strategy is crucial for any online business to succeed. Without one, businesses struggle to attract and retain customers.

- Inadequate customer service: Online businesses must provide excellent customer service to retain customers. Failing to do so can result in negative reviews and a damaged reputation.

- Inconsistent branding: Inconsistent branding can confuse customers and make it difficult for them to understand what a business stands for.

How to Avoid Failure:

- Differentiate: Online businesses must offer something unique to stand out from the competition.

- Invest in website design: A well-designed website can make a huge difference in attracting and retaining customers.

- Develop a marketing strategy: A marketing strategy can help businesses attract and retain customers, increasing their chances of success.

- Provide excellent customer service: Online businesses must prioritize customer service to retain customers and build a positive reputation.

- Maintain consistent branding: Consistent branding helps customers understand what a business stands for and makes it easier for them to trust and engage with a business.

- While the world of online business is highly competitive, businesses can take steps to avoid becoming another statistic. By differentiating themselves, investing in website design, developing a marketing strategy, providing excellent customer service, and maintaining consistent branding, businesses can increase their chances of success.

Game Of Ads - Why 86% Of Online Businessss Are Destined to FAIL

In this article, we will be discussing the importance of focusing on more than just traffic when it comes to building a successful online business. We will be breaking down the concept of the four pillars that make up a strong foundation for any business, and how they work together to create a sustainable and scalable model.

Some key takeaways from this article include:

- Focusing solely on traffic can compromise other important aspects of your business

- The four pillars include: traffic, operations, branding, and conversions

- Mastering each of these pillars can lead to a sustainable and scalable business

- However, none of this will work without the final, most important pillar (which will be revealed in the accompanying video)

We encourage readers to check out the video linked below for a more in-depth breakdown of each of these pillars and how they can help you build a successful online business. Don't let the White Walkers (or the competition) defeat you – master the four pillars and thrive.

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