Use Strategic Partnerships to Be More Competitive

  |  June 9th, 2009 by Carl

No one can be expert at everything.  This is particularly true in ecommerce, where no one can even know all the moving parts, let alone be proficient at everything.  This brings us to partners.

Most small and mid-sized businesses can’t afford to hire all the skill sets and competencies they need in-house.  Yet, to remain competitive on the web, you must have access to these skills. This leaves you partnering-up at a lot of different levels: vendor support teams, independent contractors, part-time help and consultants.

We spend many hours every week staying up-to-date in the evolution of best practices affecting strategy, marketing and website conversion.  We never stop interviewing and vetting prospective vendors for our clients.  The net result of this process is a list of trusted resources that we can recommend to our clients.

Once your strategy is set, the name of the game is a never-ending series of small enhancements.  A relentless focus on small improvements is what distinguishes winners from their competitors.  Improve and increase, improve and increase. There is no silver bullet.  The silver bullet, as it were, is the compounding of all the small changes over time.

Competition is brutal and getting stronger.  The day you stop investing in enhancements, is the day you start ceding market share and customer loyalty to competitors.  It is the day you start going out of business.

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