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Carefully describe their strengths and weaknesses, as well as the key drivers of competitive differentiation in the marketplace. Depending on the type of business, these may include sales of products/services, referral revenues, advertising sales, licensing/royalty fees, and/or data sales. Don’t just list competitors.
Have a look at this screenshot showing revenues from book sales: I know these numbers are not monster figures by any means, but they represent a consistent stream of income from a niche that has nothing to do with making money online. For example, I am starting to get offers for privateplacement ads. You are absolutely correct.
This process is normally known as doing a “privateplacement&# and we agreed that in most cases you don’t want an i-bank involved in raising your first round of capital. Woot was one of the first one-per-day item sales site with a humorous and not always PC content. Total raised: $1.3mm. TechCrunch. TechCrunch.
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