When a company succeeds in providing goods and services to the local population, it is known as local business. Also if a company is operating within a local area, it is known as a local business. Setting up local business is not an easy task. It requires proper marketing and publication for the people to know what is comprises of and how authenticate it can be. The marketing budget and resources available is also an important factor. Although a small population can turn out to be beneficial and provide a great opportunity to form strong bond with customers but here appears a unique challenge to the company owners where they need to find out what company is suitable to be set up in that area and is it the requirement for the people out there to own it. The owners of the company face many hurdles initially as to how they can mingle with the crowd and make them understand their worth. They have to make sure whether there is any opportunity for that product to be sold in that place. The owners need huge assistance in spreading the word and capturing the attention of the local traffic.
Digitalization and social media marketing have changed the game for local company owners. And know when there is a mobile phone in every other hands, it has made things easier for them as publicizing is now just one click away. To create a buzz around, the owners have to grab the attention of the localities which is a mammoth task. Digital marketing strategy has revolutionized how we set up business and locals shop for their needs.
FLIPNPIK PROJECT
Based on Stellar block chain technology, this decentralized platform aims to become a social collaborative network and act as a helping hand for the marketing of local business or a product or a brand. They aim to offer help to local merchants at affordable and pocket friendly prices and help them grow communication and enhance their work strategies in a set budget with much ease. The FLIPNPIK ecosystem has its own reward system to retain customers known as Flip Social (FS). It has it token named FNP which can be used to buy and participate in games and obtain promotions and social offers.
CONCLUSION
It's very much obvious that it is very difficult for a company to gain recognition and establish a reputation when it is just starting up. To help your market reach to its full potential a strong online presence is required. With the help of artificial intelligence and block chain ecosystems the social media has risen tremendously bringing in hand various options for consumers. Consumers and Owners look forward to Facebook and Instagram for reviews and pictures and promote their product. Various sites and applications can be used to keep the consumers engaged and interact with them taking their reviews into consideration. Marketing strategy should be planned accordingly to make the maximum out of it. Also by organizing multiple events the owners can display their products and interact with the customers. With constantly evolving technology, the owners need to stay competitive and reach out to the market in every possible way and utilize the options available to him. He needs to keep people updated of the changes in his products and bring about a better reflection of his business. He needs to understand his customer better so that services can be delivered according to the need and interest.
Website: https://flipnpik.io/
Whitepaper: https://flipnpik.io/wp-content/uploads/2018/04/2018_FNP_WP_EN_V10.pdf
ANN:https://bitcointalk.org/index.php?topic=3405728
Telegram:https://t.me/flipnpikico
Authored By:Icomantra
Profile: https://bitcointalk.org/index.php?action=profile;u=2152283
