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Q: Can your community drive your business and product?

michaeljung.wordpress.com
2 pointsmichaeljung1 comment
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I basically want to know (your educated opinion) if a new company (what ever business) can drive its business and product though community building. Requirements of a good product and open communication channels are a given.

Can existing companies reduce their PR and marketing budget without a declining customer acquisition rate? Shifting the budget to the community in many forms and let them do the PR and marketing?

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