4 Amazing Strategies That Fast Track Business Growth

/in /by

StrategyDriven Strategic Planning Article |Fast Track Business Growth|4 Amazing Strategies That Fast Track Business GrowthEvery entrepreneur wishes to start a company and scale it to the highest possible peak with little market resistance.

Unfortunately, due to numerous challenges that small businesses face, this is not all possible. Without a step-by-step plan, you may have to painfully watch as your closest competitors make a killing in the market.

Read on to find out the strategies you must put in place to increase sales and, consequently, boost your business growth.

Maximize Online Selling

If you’ve been a sucker for traditional marketing methods like T.V., radio, or billboard ads, it may be time to re-think this strategy.

With most potential consumers online, using social media and e-commerce websites to facilitate growth is a smart business move. The digital world also gives you a chance to interact with your consumers on a one-to-one basis and, therefore, you can build a loyal base in no time.

It is challenging to maintain a social media presence without overlooking other essential tasks in your company. As a business owner, you should consider outsourcing some of your online responsibilities to IT managed services that help develop marketing campaigns, create social media content and optimize your website effectively.

Understand Your Audience

Anyone can create a product or service and try to force it down consumers’ throats. However, you may not have much success selling than businesses that tailor their works to meet individual consumer needs.

If you want to develop a product or service that resonates with your target audience, or expand your business, interact with consumers daily, positively taking in their views and concerns about your business.

Surveys and reviews are two of the best ways to get legitimate reactions from your audience. In addition, it allows you to develop meaningful products and services and strengthen the weak points within your organization.

Develop Strategic Networks

No man is an island, and trying to grow your business on your own can be counteractive to your objective due to burnouts.

Instead, direct some of your energy in trying to foster closer relationships with valuable people in your industry, such as influencers or product suppliers who can be beneficial to your business. You might also consider a legal agency to partner with, Visit Website for more information. 

To get the attention of helpful people around, you need to have excellent conversation skills, be proactive, and participate in impactful projects within society. Attend any industry-related events that will get you close to influential people.

Improve on Customer Service

If you want to land and keep a loyal consumer base, you need to have more than quality products or services. How you interact with first-time visitors on your social media pages, website, or those who visit your premises directly affects business growth.

As a rude or assertive entrepreneur, you stand little chance of converting potential leads into actual clients. So instead, have a clear head when answering questions, even if they seem like a direct attack on your business.

Handle each customer with utmost care and respect, and they’ll likely refer other people to your business.

Strategically Growing Your Business

While the business field remains open for anyone with an entrepreneurial bone, only those with strategic plans get to enjoy the fruits of their labor. Implement these four techniques, and your business will begin to chatter to new heights.

 

Not Sure How To Advance In Business? These Options Could Help You!

/in /by

StrategyDriven Professional Development Article |Advance in Business|Not Sure How To Advance In Business? These Options Could Help You!When it comes to your business, you’re always going to want for it to go in the right direction. That often means setting goals and guiding your business down a set path. And that’s great when you know exactly what you want and need to do. But what happens when you’re not overly sure? Or you feel like you don’t know what to do to get your business to progress? This can happen. It’s natural to feel like you’re hitting a plateau and you don’t know what to do next. Sometimes, we can have goals for our business that get it to a certain stage and we feel like we don’t really know what to do when we get there. That’s normal. However, you are going to want to make sure that you come up with a kind of plan to get your business to the next stage.

Because that’s all this is. You will want to work out what you need to do next to get to where you want to be. And that involves feeling out ideas, seeing what you think might work well for your company, and then testing them. But when you’re not sure what’s going to work, it’s hard to know where to start. So let’s run through some options for you.

Create An Action Plan

To start with, you’re going to want to come up with some kind of action plan. You will find that when you have already achieved the goals you set, you can feel a little lost. So where do you go from here? Think about all of the things you want to achieve and see if you can break them down to work out what you will do with them.

Hire A Strategist

Next up, you might want to think about hiring a strategist or business development person too. Sometimes, it can be hard for you to focus on growing the business if this is something that you don’t excel in – especially if you’re great at other areas of the business. So hiring someone could be perfect for you.

Promote Your Business More

Another option is for you to make sure that you’re marketing your business as much as possible – but in the right ways. So think about the different marketing ideas that are open to you, but choose the ones that are going to be the most suitable to you and your business style.

Improve Your Knowledge

It could be that you want to be able to know more so that you can move forward and grow your business. Do you feel as if your education just isn’t where it needs to be and you’d like to have a better knowledge base to make decisions? Looking into a management course or online analytics degree could help you here. Picking up the skills you need to grow the business could be all it takes to propel things forward.

Hire Some Staff

From here, it could also be as simple as hiring some help. When you want to grow, you may find that you need to take a look at how you’re operating and admit that you need some help. Getting in staff is scary but it could be the right step that will help you to grow your business.

Create A New Product

It could be as simple as adding another product or service – especially if you currently only have one. You may find that you want to be able to grow and this is exactly how it will happen. So think about breaking down your goals and working out what product or service will fit in next.

Set Future Goals

Finally, you may find that it’s going to help you to get to where you want to be if you can focus on setting more goals for you to reach. It could be something big and crazy that you feel like is so out of reach – but then also you know that you need to break down to meet. Having something else to work on can help to keep you focused – which you know you might need. So think about where you’re going next and work backwards to figure out what you need to do.

It can seem overwhelming when you don’t know what you want to achieve or how you’re going to get there, but you can make it happen. Just slow down, break it all down, don’t overthink it and just take action. It’ll make a difference.

How To Offset Cost Increases Without Driving Customers Away

/in /by

StrategyDriven Managing Your Finances Article |Costs|How To Offset Cost Increases Without Driving Customers AwayThe cost of doing business is increasing. It’s mainly due to the pandemic, stretching supply chains and bringing manufacturing and sourcing closer to home. But, it’s also because governments are clamping down harder on cheap foreign labor and polluting but cheap materials. The green agenda that governments are touting is going to impact the cost of making products and that in turn will affect your price. Rather than driving customers away from your brand, you could do any of the following to offset the rise in the cost of doing business.

Work with local brands

One of the reasons why so many companies have chosen to take their manufacturing abroad is because in the West, it is seen as expensive to work with such brands. However, you may not have a choice anymore as customers are more aware of the business world. They do not want to buy products that have been made by sweatshops, made using techniques that harm the local environment etc. So, now is the time to begin sourcing your raw materials, manufacturing needs and storage demands at home. Work with local businesses and negotiate favorable terms that will benefit both parties. Long-term contracts will be more mutual and less in favor of one party or the other and thus lower costs for a more predictable length of time.

Productivity gains

Perhaps the biggest cost of doing business is your employees. Paying the salaries of employees is by far the largest expenditure any business faces. To offset some of your additional costs regarding increases in pay, promotions and bonuses, increasing productivity could make your employees more affordable. To improve long-term productivity, invest in the internet of things, so all platforms, products and services are connected to each other. Digital productivity is also improving, as just in the US alone productivity rose by 10.6%. All the while employees are working from home. Making your software remote-work-friendly is, therefore, a must.

Targeted increases

Rather than offset the price completely, you could choose to optimize your profit by targeted increases in products. For your most popular products, you should increase the price right now, before the additional increase in costs hits what you need to create that product. For example, if you have a popular dining table made out of glass and metal, increase the price and fix it in place for the foreseeable future. This gives your customers time to adjust to the price rather than suddenly piling it on as other brands inevitably increase their prices too. Supply chains are being stretched and changes to them are increasing costs across the board. A targeted increase of your products that are expensive and are popular, prevents it from looking as if you are taking advantage of the market squeeze.

The cost of doing business is increasing because of the pandemic’s impact on supply chains. The shift in a more ethically aware customer culture is also a powerful new force to be reckoned with. Do these things to offset your costs without driving customers away.

Building A Customer-Facing App That People Love

/in /by

StrategyDriven Online Marketing and Website Development Article |Customer-Facing App|Building A Customer-Facing App That People LoveThere are so many business models that can benefit from creating an app for their customers, and so many ways in which those benefits might be seen. If you are keen to try and create the perfect customer-facing app, there are a lot of things that you might want to bear in mind along the way. In this post, we are going to take you through a few of the essential things that can help to create a customer-facing app that people are going to really love. As long as you follow these tips, that should be a lot easier.

Focus On An Idea

It is generally best to have as specific an idea as possible, a real niche, which you can then focus on as fully as possible. Doing that is going to mean that you are much more likely to deliver exactly what you need to deliver. If your app becomes too full of different ideas, it can start to have this flabby kind of look and feel to it – so that is something that you are going to want to be aware of from the start. Hone in as tightly as possible, and people will get more out of it.

Use Intelligent Design

An app is much more likely to work well if it is built up properly from the very start. That means that it is built with some kind of intelligent design, which is something that you can easily make sure of as long as you are using the appropriate app development software. Using something like FileMaker could be a good way to go, but to really make sure you are using it right you might want to look into getting some Claris FileMaker Consulting too. That way, you can make sure the app’s essential design is really strong.

Ask For Feedback

You should aim to ask for feedback from your app’s users on a regular basis. They will be essentially testing it a great deal, so speaking with them is something that is going to really help you to work out what you might need to change or improve. You can seek this feedback on the app itself, on the Play Store and App Store, and online through your website, or any other means you think might work well. However you do it, make sure that you really act on it.

Keep It Small & Simple

The size of the app is hugely important – too big and people are unlikely to want it to take up the space on their phone, too small and it might seem that it is not really doing anything. Find a good balance by including just the right number of elements, and by having it coded properly so there is no extraneous code. At the same time, you should focus on trying to keep the app as simple as you can, as in doing this you are going to find that people tend to get a lot more usage out of it.

What Is the Right Exercise Program for You When Traveling?

/in /by

StrategyDriven Practices for Professionals Article | What Is the Right Exercise Program for You When Traveling?David Geithner knows all about traveling and exercise. Here’s a look at how to choose the right exercise program for you when traveling.

To maintain a healthy lifestyle, there are many tips that need to be followed. From following a diet that supports eating in moderation to getting enough exercise, a woman’s overall happiness in life will be largely influenced by her ability to make wise choices. The exact type of exercise routine a person will need to follow is based on his or her goals. Here’s a quick look at different workout regimens and the goals that can help you achieve success when exercising while traveling.

Cardiovascular exercise

If a person is looking to improve physical endurance, as well as personal stamina, then cardio training is essential. An excellent way to begin a cardio routine is by walking one mile. As stamina is increased, a person can begin jogging. 20 minutes of cardio exercise three times a week can help a person lose weight, reduce health risks and improve the immune system. Aerobic training is a form of cardio exercise, and it is renowned for improving a person’s quality of life.

Strength and resistance training

Improving muscle and bone strength comes via an assortment of strength and resistance training. It is imperative that a person not begin this type of training without the help and advice of a professional trainer. The training itself will involve lifting weights and using various forms of exercise equipment. Strength training can be used to tone up any part of the body, including the arms, abs, and lower body.

Balance/core workouts

Balance/core workouts have four main ways of improving the body:

  • Transfer energy
  • Control movements
  • Improve body movements
  • Shift body weight

With a strong core, a person can enjoy reduced back pain, enhanced athletic performance, and improved posture.

Flexibility exercise

When looking to improve one’s flexibility, flexibility exercises will be of the utmost benefit. These exercises tend to be slow-paced, with the goal being to stretch the muscles to become more flexible. Dancers and athletes tend to favor flexibility exercises.

Cindy’s view on exercise

David also likes taking some of Cindy Crawford’s helpful advice for exercising and traveling.

While some people hit the gym for an hour or more each day, Cindy says that even if it’s only for 10 minutes, it’s definitely worth squeezing in some exercise. “Ten minutes is worth it, thirty minutes is worth it. Whatever you have time for, it’s better than nothing.”

Cindy’s exercise routine for herself involves doing circuit training three mornings each week. She usually spends about 10 minutes lifting weights, followed by a 5-minute cardio workout. She repeats this three times and then spends a few minutes working her abs and stretching. All in all, her workout usually takes about an hour to complete. However, when given the opportunity, she greatly enjoys biking and hiking (both of which are great for exercising while traveling), but she doesn’t view these activities as a workout.

Cindy is a strong advocate for sunscreen

About 75 percent of people don’t wear sunscreen on a daily basis. This statistic is quite shocking being that sunscreen is the most effective anti-aging tool. And not to mention it’s abundantly available and cheap. Cindy says that wearing sunscreen is of the utmost importance. Even on days when the sun isn’t out, applying sunscreen with both UVB and UVA protection is vital.

The Takeaway

Staying in shape doesn’t mean you have to hit up the gym for two hours each day of the week. In fact, by using the outdoors and taking a quick walk in a local park three times a week, you can be well on your way to staying fit and healthy.