Grow your business with simple stuff that works
Posted on 12th July 2024 at 10:28
Would you like to grow your business, increase your profits or just make everything you do much more successful? Well, doing all that can be a lot simpler than you might think.
Many marketing consultants talk about complicated marketing campaigns that cost a lot of money and very often don’t generate the results you are looking for. But it’s the simple ideas that don’t cost much money, or in some cases don’t cost anything at all, that can have the greatest impact on your business.
Here are the first 3 of 6 simple things you can do to grow your business:
Pricing
Start with pricing first and the reason is that pricing is the one thing that you can change in your sales and targets that can have the biggest and best impact. It doesn’t cost anything to change your prices and it has an immediate impact on your bottom line profits.
2. Ask for referrals
It’s easier to win business when you are warmly introduced, rather than having to win a cold lead. With that in mind most businesses have loyal customers that they can ask for help with marketing i.e. a referral to someone they know who is looking to buy your product or service.
Asking for referrals is a free and easy way to generate new business and doesn’t cos you anything. You do need to have a system in place to ask for the referral though to ensure it generates a steady stream of introductions, rather than on an ad hoc basis.
3. Differentiate your marketing efforts
If all your competitors do is post on social media try direct mail. People are more likely to open a letter you post rather than an email since they receive so many spam emails now. Differentiate your approach to finding new customers and reflect on the fact that different generations buy in different ways.
In summary, it doesnt have to be complicated or expensive to grow your business and often the most simple ideas are overlooked. The simple stuff works and just requires a bit of attention and commitment to get it working for you to see results.
If you’d like to read more simple tips to grow your business then read the next 3 steps on our next blog.
Tagged as: Business Growth
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