+- Business, Investment, & Insurance Forum (https://investmentforums.net)
+-- Forum: Business Forums (https://investmentforums.net/forumdisplay.php?fid=5)
+--- Forum: Business Management and Marketing (https://investmentforums.net/forumdisplay.php?fid=21)
+--- Thread: What Are the Major Problems for Small Businesses? (/showthread.php?tid=626)
What Are the Major Problems for Small Businesses? - InvestmentGuru - 01-01-2024
I've been running my online business for a couple of years, selling digital, print-on-demand, and handmade products. While I don't make a lot from my store or other platforms, I've noticed a few common issues:
- Product Quality: Selling a saturated or low-quality product can be a big problem.
- Marketing Challenges: Educating your audience about your product is crucial. Unfortunately, not many sellers focus enough on effective marketing strategies.
- Ignoring SEO: For online sales, you need organic traffic. If you're not doing SEO, you're missing out on potential customers.
RE: What Are the Major Problems for Small Businesses? - Heatman - 01-23-2024
Personally, I believe that most small business lack the financial capacity to compete with big businesses. This is why their success is always limited for a very long time. They can't pay for the kind of marketing and sales campaign big companies pay to get their business booming.
RE: What Are the Major Problems for Small Businesses? - eLdavis - 01-26-2024
For me I am currently running a small business, and my major problem right now is how to market my business to reach out to the intended target audience.