Talking with a competitor. What is a... "Consulting Agreement?"

Neodism · 21st Oct 2011, 11:11 PM

So I sent an email to my competitor here in my home town telling them I was from somewhere else and I would like to know how they went about building their SMS list for blasts. Of course, I need the knowledge, but they have nothing to worry about because I have decided not to offer my services in this town anyways. SMS is so new that there are so many untapped areas, why compete for this one when I can claim my own?

Well, they replied and said this:

We would be willing to consult with you on how to build a business using our model.
Call next week and we can discuss details of how to reach a consulting agreement with you.
May I ask how you found out about Good2CUtexting? We always like to hear how folks discovered our business.

Does this mean that they are going to want to charge me in order to teach me? I was hoping they would just spill the beans! Haha.

Mobileico · 22nd Oct 2011, 01:42 AM

Originally Posted by Larches

So I sent an email to my competitor here in my home town telling them I was from somewhere else and I would like to know how they went about building their SMS list for blasts. Of course, I need the knowledge, but they have nothing to worry about because I have decided not to offer my services in this town anyways. SMS is so new that there are so many untapped areas, why compete for this one when I can claim my own?

Well, they replied and said this:

Does this mean that they are going to want to charge me in order to teach me? I was hoping they would just spill the beans! Haha.

Hmmmmm... interesting now that they know who you are (wink wink) It's not me, but you never know if they're on WF or not. I have always thought that finding out what a business does is great, but lieing to them may not be a good idea. Many businesses like to know who their competitor is because just maybe you both can work together on projects in the future. This is a practice that can get you in hot water. As far as competition goes; competition becomes competition when two or more businesses are competing for the same people and in the mobile world, no one is off limits. You are my comp. and so forth, so, you are actually competition in every way you look at it. By trying to dig into other business's stuff when they are your competition or not and then trying to export their ideas as your own which could be easy for them to say is a direct threat. I am not telling you what to do, but if they were to find out about this, it can have some serious repercussions on you. Be careful and stay well

MKTNG · 22nd Oct 2011, 03:33 AM

Go meet with them. Do be honest, but you have nothing to lose, and you can always say "no" if they want to charge you.

It is important to set realistic expectations. Since I have launched my business I have met or spoke with alot of successful people I never expected to meet.

The critical part is to know what you want to get out of such a meeting and stick to the topic so as to not waste that person or your own time.

You can learn everything you need to know about mobile marketing right here--I did

.

Buy a few WSO's, go find the people who have good reputations and alot of posts and follow what they are doing.

This isn't the only forum on the internet either

. Your competitors might not want to share their secrets but guess what--Google won't hide them from you, and neither will the warrior forum!

Best of luck!

22nd Oct 2011, 03:33 AM	#3
MKTNG Digital Asset Developer War Room Member Join Date: 2011 Posts: 53 Thanks: 53 Thanked 19 Times in 14 Posts	Re: Talking with a competitor. What is a... "Consulting Agreement?" Share on: Go meet with them. Do be honest, but you have nothing to lose, and you can always say "no" if they want to charge you. It is important to set realistic expectations. Since I have launched my business I have met or spoke with alot of successful people I never expected to meet. The critical part is to know what you want to get out of such a meeting and stick to the topic so as to not waste that person or your own time. You can learn everything you need to know about mobile marketing right here--I did . Buy a few WSO's, go find the people who have good reputations and alot of posts and follow what they are doing. This isn't the only forum on the internet either . Your competitors might not want to share their secrets but guess what--Google won't hide them from you, and neither will the warrior forum! Best of luck!