The easiest thing to do is look at your revenue. What places are you generating revenue from outside of your main market? Which countries have a high g d p, have a high population count and we're already making somewhat money there? That's typically where you want to go first for expansion. These are critical locations. And actually things focus on before you go into any of these markets. But neil, i love getting specific. I love going down to that granular level. So how do we actually enter a market if we don't have a physical presence in it? We've kind of identified that market to enter, but now how do we do it?
Neil Patel is a New York Times bestselling author and co-founder of Neil Patel Digital.
Top 3 Value Bombs:
1. When you enter a market, if you don’t have physical presence in it, then you should first build up traffic.
2. When it comes to market competition, America is 2-4 times more competitive than countries with high GDP like Germany, France, or Japan.
3. What worked in the United States 2 or 3 years ago, will work in almost all other countries today.
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