It is often believed that more choices are better. Businesses believe in offering a variety of products ranging in colour and models in the hope that it will attract customers. It is easy to believe that more options and freedom of choice make customers happy but this is far from the truth.
Increasing sales revenue is a key process of developing a company successfully, but doing so is not so easy. To make matters more complicated, increasing sales does not always lead to an increment in revenue. This makes even the best advertising techniques fall short of serving towards the business objectives for profit and growth.
recession can be an ideal time to invest in your business and expand it.
Such a time can offer ample opportunities for innovative and creative businessmen. Most people choose to be inactive in such dire times and hope that things get better. But a successful businessman will prepare his business for growth when the economy turns around.
No matter what the causes behind project failure might be, one thing is for sure, it is never easy to stop a failed project. People will often continue projects based on incorrect assumptions. Some tips that can help you to know when to pull the plug are given.
Fear is an emotion caused by the intimidation of danger, pain, or harm. No person is born with fears. Fears are learned. Fears can, hence, be unlearned by exercising self-discipline regularly about fear until it goes away.
A winning product launch gives a head start in sales for your company. It is one of the few opportunities to go from gradual to exponential sales. Here are seven tips to achieve a winning product launch.
Corporate responsibility is when the company takes responsibility for its actions and the impact it has on the environment, society and consumers. It includes how your business is operated and managed. It also includes employee welfare and your contribution towards alleviating social problems.
With growth it becomes highly important that your business remains productive and that you can manage the increasing employees and demanding situations. Employing right strategies in the right places can easily boost your productivity and help you reach your goals. Here are some ways by which you can increase your productivity.
A good customer loyalty program can produce significant profits in recurring revenue for your business by enhancing the return on your marketing and sales budget. Here are five ways to improve your customer loyalty program.
Social media is everywhere. It looks as though we cannot watch a TV show or commercial, read a magazine or newspaper or visit a website without seeing a social media icon and hear “follow us on Facebook”. Yet, a lot of companies and individuals are still not engaging with others in social media.
