10 Great Strategies for Sustaining a Business Growth
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- What you need to know to survive in business.
- Business survival strategies in the modern era.
- Business Survival Strategies.
- Corporate Strategy for Sustainability
- Ways to support business growth
What we will discuss in this post is what can be the method or strategy of running a business.
As you know, starting a business is easy.
But after starting a business, many people cannot sustain that business for long.
It happens in every country in the world.
If you start 100 businesses, 90 of them will fail.
What strategies can be used to sustain this business or what processes can be used to improve this business?
Now what are you going to do to sustain your business in the long run?
Check out the 10 strategies below to help improve your company's sustainability and growth potential.
1. You must start carefully:
First of all, you need to think about how to start well or perfectly. There is a saying that says: " What is well begun is half done ". You have to keep trying to get your business off to a good start.
Now the question is what to do to start a business well.
First , you must learn to work.
Second, you have to deal with someone.
Third, you need to have a clear plan for starting your business.
Before starting a business you need to plan well. Also called drawing an action plan .
2. Sales Center/Store location:
The place or location of the sales center or store should be in a population area where the customer traffic should be more than other places.
Choosing the best location for your business is always important. Website plays a big role in attracting your valuable customers.
A good short position can significantly improve the company's long-term results.
A bad location or location can cost millions in lost talent, productivity and capital as well as business damage.
3. Decoration:
The design of your store or showroom should be attractive to customers. Many times, some people see beautiful jewelry in the store and enter without buying the product .
They must be treated well. So they visit your store later when they want to buy a product.
- Always add variety stores decorations to attract people.
- Try to dress a little differently than others.
4. Cleanliness and order:
As you know, cleanliness is part of the Islamic faith. So always keep the shop or window clean. Here are some tips…
- Use room spray and deodorant.
- Clean yourself and your wardrobe first.
- Dress smartly and speak very politely to the customer.
5. Seller List:
In addition to keeping your store or showroom clean, you and your salespeople need to be clean and stylishly dressed.
It is good for everyone to have a clean uniform.
Salespeople should always treat their customers well.
Remember that not all customers are the same. Some may be mean to you. But never be rude to customers. Communicate with customers so customers love you.
Always keep a smile on your face.
Even if the customer does not buy anything from you today, the next day he will come to your store, be impressed by your behavior and buy products from your store. They (owner and customer) will come to your store again and again when they have a good relationship.
Don't forget to entertain those customers when they visit your showroom or store . And it is very important to give equal attention to all customers.
Give the customers who buy the most expensive products the same importance as the customers who buy the least amount of products.
6. Removal of excess profits:
Any further gains should be excluded. If you gain the trust of your customers, your sales will increase. So you can earn more by taking the right price.
So consider some tips to keep your business running…
- Do not give the price of any product to known or unknown buyers.
- Do not confuse adultery with any product.
- Not underweight.
- Try to be loyal to your customers by doing business honestly.
- Don't get angry when negotiating with customers.
- Always keep a smile on your face.
Remember that buyers trust the seller to buy different products.
So don't respect the customer's trust.
The customer puts a price on a product you can't sell. So you politely say, "Sorry sir/brother/ma'am, I can't sell at that price." If you want to buy, you will have to pay this price.
7. Maintain good product quality:
Regardless of the product category you sell, make sure you are selling quality products.
Do not sell or attempt to sell counterfeit, expired or adulterated products in your store or showroom. Due to this illegal activity, you cannot grow your business continuously and you can be jailed and fined anytime.
Even if you gain permission in this world by doing deceptive work, you will be captured by the great creator in the next birth.
8. Promotion:
An important aspect of business is advertising. The world's largest companies spend billions of dollars on advertising.
Because promotion is a way to expand your business. The more you promote your business, the better your business will be.
As part of your efforts, you should run several campaigns. You simply need to focus on marketing .
There are many aspects of marketing. Your actions cannot change all aspects.
You need to identify and start a marketing campaign based on the strategies you have created for your business.
For example, you can advertise in local newspapers, FM radio, TV, online blogs, magazines, and social media. You can also advertise through posters or flyers.
Nowadays, the Internet is developing rapidly day by day. Advertise on online media, especially Facebook , Twitter, online radio, television and news portals.
9. Sell products online:
The best way to survive in today's business is to sell products online.
Today, many companies selling various products through the Internet are emerging in the country and abroad. None of them have outlets or shops in the market. They run this business from home.
Now you can sell any product online. To do this, you first need to create an online store (e-commerce site).
If you want to survive in the modern age, start marketing your products using technology. But remember one thing: buying and selling online is all about trust.
So never disrespect anyone's faith or beliefs. Do business with integrity. You can improve your business.
10. Focus on one task at a time.
Without a doubt, the most important survival habit in today's business world is the ability to focus 100% on one task at a time.
Over the past 20 years , project management research has clearly demonstrated that multitasking is more efficient and effective than multitasking.
Therefore, after the above discussion, we will tell you that you can write all the items related to your business and these items are very important for your business. As you know, starting a business is easy, but sustaining it is difficult.
There is a rule of the market: the market is never empty. If you don't try, someone will win or dominate the market.
So always try to survive and improve your sustainable business strategy.
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