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    ut the type of customer you need to target to meet your revenue goals it is wise to set up a grid. This grid will track the type and number of business based on geographic location
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    Market penetration is an important concept in business planning and development. When you think in terms of market penetration you are figuring out they type and number of client you need in order to meet your revenue projections. Your market penetration strategy must also consider the types of businesses in terms of your geographic location.

    You can't simply choose your market penetration strategy arbitrarily. It has to be grounded in research of the businesses in your geographic area. You need to figure out how many businesses of a certain size and type exist and then tailor your market penetration strategy around the results.

    Geographic Market Penetration Research

    When you start thinking about the type of customer you need to target to meet your revenue goals it is wise to set up a grid. This grid will track the type and number of business based on geographic location.

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    ou need in order to meet your revenue projections. Your market penetration strategy must also consider the types of businesses in terms of your geographic location.

    You can't simply choose your market penetration strategy arbitrarily. It has to be grounded in research of the businesses in your geographic area. You need to figure out how many businesses of a certain size and type exist and then tailor your market penetration strategy around the results.

    Geographic Market Penetration Research

    When you start thinking about the type of customer you need to target to meet your revenue goals it is wise to set up a grid. This grid will track the type and number of business based on geographic location

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    simply choose your market penetration strategy arbitrarily. It has to be grounded in research of the businesses in your geographic area. You need to figure out how many businesses of a certain size and type exist and then tailor your market penetration strategy around the results.

    Geographic Market Penetration Research

    When you start thinking about the type of customer you need to target to meet your revenue goals it is wise to set up a grid. This grid will track the type and number of business based on geographic location

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    of a certain size and type exist and then tailor your market penetration strategy around the results.

    Geographic Market Penetration Research

    When you start thinking about the type of customer you need to target to meet your revenue goals it is wise to set up a grid. This grid will track the type and number of business based on geographic location

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    ut the type of customer you need to target to meet your revenue goals it is wise to set up a grid. This grid will track the type and number of business based on geographic location.

    Start by putting your business in the middle of a grid. Then move out in concentric rings further and further from where you're located.

    What businesses are 15 minutes from where you are, 30 minutes from where you are, etc...? Do not go beyond 90 minutes. Remember you need billable hours so you can't take up your whole day driving to and from clients' places of business.

    Figure out the different size levels of the businesses in your area. How many business with 1 to 10 employees and 100k to 1 million in revenue are within 60-90 minutes?

    How many of these sweet spot clients are within 15 minutes, 30 minutes, etc.. from you?

    Then track large small-businesses with 50 to 200 employees

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