Finding unfulfilled market needs and filling them...at a profit, is what they say 'marketing' is all about. In order to do this you have to make sure you have a real need, problem or 'pain' that people want to get rid of...fast. Certainly this was the case with Ian Campbell, a 30+year veteran of rendering independent business valuation opinions. In fact, he wrote the definitive books on it.
He managed his own investment portfolio; he was tired of having to wade through the data overload and the interminable hours it took. He knew there had to be a better way to do this.
So he conducted independent market research with qualified investors located in both the U.S. and Canada. He wanted to see if they had the same problems, perceptions, and need for a solution to this data quagmire and the time-consuming task of trying to manage or have input into the management of one's own portfolio. Moreover, Campbell was also concerned about the data the average investor doesn't get to see when making his/her own investment decisions. He obtained the help of a long-time market researcher to help him drill down to discover the real answers to his concerns. He was able to generate specific, relevant responses for his concept by employing 'open-ended' questions. 'Responses that he would never have anticipated.
The proprietary research corroborated his earlier hypothesis: he reasoned that if he applied the same rules that a 'company acquirer' would, this might just be the model to follow that would lead to efficiencies and more accurate data...just as if you were buying the company. two distinct words kept coming to the forefront during the research with the prospective members: 'independence' and 'transparent'. Survey respondents - potential members for his site - told him emphatically, that they would not trust a site where companies listed there had paid to be included in the data. The respondents also wanted to be able to see right through the entire site; so it's crystal claar--transparent. Nothing is held back. Additionally, he also learned that the site had to be independent of any outside influences. The need to be completely independent and obligated to no one was cemented, right at the beginning. Finally, the site had to be unbiased; it must not make a recommendation as to what or when to buy....or sell. Those decisions are up to the individual member.
The research indicated these were the 'hot buttons' for the individual investors, their advisers, and analysts who were looking for a stock research site they could trust. Campbell then set about to build a site like no other. Beta testers and observers have told him that it is at least the second if not most sophisticated financial web site they have ever seen. (I'm not even close to being able to ascertain this myself...I just know that it works like crazy).
It has taken Ian Campbell nearly a year to organize his own initial observations, conduct research, lay out a marketing and web site plan; to build the site according to what the market has told him it wants and the gaps he discovered himself. Today, the proof is in the pudding.
Roy Macnaughton has sinced written about articles on various topics from Finances, Stock and Finances. Roy MacNaughton is a niche marketing coach and business writer. He's a seasoned marketer, with more than 30 years of international marketing and franchising experience, including nine years online. Learn more at:. Roy Macnaughton's top article generates over 18100 views. to your Favourites.
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