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This is episode seven of season one of our Entrepreneur Advisor by NICKY OKOYE Podcast series.
In this episode Dr. Nicky Okoye gave a more in-depth definition of market penetration strategy and outlined SEVEN market penetration strategies designed by him from geographical, cultural and from a value chain perspective. He shares these strategies on the Nickyokoyepodcasts so that entrepreneurs and business owners the World over, might use these guides to design their own market penetration strategies that will work for their businesses.
The SEVEN market penetration strategies include: Africa Strategy driven by the Africa Continental Free Trade Area agreement, a Caribbean Strategy, an African Diaspora Strategy, an African American Strategy, a Hispanic Strategy, a Global Capital Strategy, and a China Strategy.
In this episode 7 of the Entrepreneur Advisor podcast, Dr. Nicky Okoye went into a deeper understanding of the Africa Free Trade Area agreement and he shared an Africa positioning for conglomerates and entrepreneurs based on the most viable industries . He will discuss other strategies in subsequent episodes.
This is episode six of season one of our Entrepreneur Advisor by NICKY OKOYE Podcast series.
In this episode Dr. Nicky Okoye describes market penetration strategy as a function of your 21st century business model.
In addition Nicky Okoye gives an in depth brief on market segmentation which is a critical subset of market penetration, and he outlined the THREE pillar framework that entrepreneurs and business owners need to consider when building their business model.
These include the B2C (Business to Customer) B2B (Business to Business), and B2G (Business to Government).
In conclusion, Dr. Nicky Okoye talked about target market penetration strategies that drive adoption including but not limited to Local Content Strategy, Export-Led Strategy, Global Supply Chain Strategy, Value Chain Intelligence Strategy, and Government Partnership Strategy.
This is episode five of season one of our Entrepreneur Advisor by NICKY OKOYE Podcast series.
In this episode Dr. Nicky Okoye talked about the remaining FOUR of the EIGHT game changing industries in the 21st century with regard to the developing World that are fuelling disruptive business models which he had outlined previously in episode FOUR.
The industries he discusses in this episode are: Real Estate, Manufacturing, Services, and Transportation.
Dr Nicky Okoye provides a unique strategic approach for entrepreneurs to tap into the opportunities inherent in these industries. These unique strategies can help entrepreneurs and business owners to thrive and dominate in their business space.
In conclusion, Dr Nicky Okoye talks about the disruption that corona virus is causing in the global supply chain. He also talked about “nanobots” which are small new robots that are being produced for the medical sector, which are positioning new business models in healthcare, agriculture and micro manufacturing.
This is episode four of season one of our Entrepreneur Advisor by NICKY OKOYE Podcast series.
In this episode Dr. Nicky Okoye outlined EIGHT game changing industries in the 21st century with regard to the developing World that are fuelling disruptive business models.
Entrepreneurs can take advantage of these opportunities and reposition there businesses.
Some of the industries included: Information Communication Technology, Media and Entertainment, Agriculture, Energy, Real Estate, Manufacturing, Services, and transportation.
Dr Nicky Okoye provides a strategic approach to positioning for entrepreneurs and businesses and even shares some unique business concepts which have not been deployed in the global markets yet.
This is episode three of season one of our Entrepreneur Advisor by NICKY OKOYE Podcast series.
In this episode Dr. Nicky Okoye shared with us the leadership strategy that entrepreneurs and businesses should adopt in the 21st century to thrive and dominate in their business space.
In addition, Dr Nicky Okoye gives us tips on how to overcome the challenges and complex problems within the business environment or a particular industry.
NICKY OKOYE goes further to give deep insight into how different global companies have successfully used the aggregation strategy to create exceptional value in different industries including the global Entertainment, Transportation, Hospitality and Finance industries
In conclusion, Dr. Nicky Okoye outlined SIX leadership strategic elements that support rapid growth.
This is episode two of season one of our Entrepreneur Advisor by NICKY OKOYE Podcast series. In this episode Nicky Okoye shares with us his in depth knowledge of market penetration and business strategies for the 21st Century. In addition, this episode goes further to capture how entrepreneurship can be the engine that drives national development, and how technology is affecting modern 21st century business models.
Podcast enthusiasts should listen carefully for Nicky Okoye's SIX keys to winning in business for entrepreneurs, and the SEVEN big challenges that all business executives must overcome in the 21st century.
This is episode one of season one of our Entrepreneur Advisor by NICKY OKOYE Podcast series. This episode gives an in depth overview of what to expect in the Entrepreneur Advisor series podcasts over the next few weeks and months. This particular podcast series will provide listeners with extensive insight into the latest 21st Century strategies for business development, investment capital aggregation and global market penetration. In addition, over this season, Dr. Nicky Okoye will tackle the most pertinent issues for business executives in the 21st century and he will provide tactical insight as well as strategic solutions for building sustainable enterprises over the long term.
The Government has an active role to play in the Nigerian economic investment by providing feasible private sectors to be invested upon, there are potential investors willing to take risks and invest in the Nigerian economy but the government needs to promote and support the private sectors to encourage these investors.
The Nigerian population suggests a massive potential workforce, as well as a consumer base. For a manufacturer this is an ideal scenario: not only do you have potential customers, but you also have potential employees
These investments would increase the economy’s GDP as well create more job opportunities thereby reducing the stress of creating jobs from the government. The Nigerian government has to realize that they need to make the country as attractive and lucrative as possible for offshore investors to bring their capital, skills and business trade into the country. One way is to establish new industries or expand production in vital sectors of the economy.
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