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Ways To Maximize Profit In Any Market. by 123joesun(m): 5:59pm On Nov 23, 2022 |
Ways To Maximize Profit In Any Market. If properly apply you will see great benefits in your business. The most pressing problem or need facing business owners today is the ability to attract more customers and make more sales. It important that you come back to these principles over and over again. 1. Offer a Great Product or Service This is perhaps the most important element of business success. The product or service must be truly excellent. It must cause customers to say, upon using your product or service, that, “This is a great product!” This is where the rubber meets the road. This is where your business intelligence most shows itself. This is where you demonstrate that you are on the high road to greater sales and profitability. It is when you can continually focus on making your product or service so attractive and helpful that people literally want to tear it out of your hands. Fortunately, most products start off as average or below average. They are then improved over time, making them more and more attractive and desirable to more and more customers until people start to say, “This is a great product!” 2. Develop a Great Marketing Plan In reality, all strategy is marketing strategy. The key to success or failure in your business, once you have an excellent product or service to sell, is to attract more qualified prospects to your offerings. Your marketing plan must position your product or service as the most desirable and attractive of all similar products or services available in your market at this time. You must practice specialization, differentiation, segmentation, and concentration. Your marketing plan will determine your success or failure. 3. Perfect a Great Sales Process The rule is that, “nothing happens until a sale takes place.” It is amazing how many companies have excellent products and services, excellent people, and excellent plans, but they have given little or no thought to the sales process. You and your sales team must be excellent at prospecting, presenting persuasively, answering objections, closing the sale, and getting re-sales and referrals from happy customers. One small improvement in any one of these key areas can lead to dramatic improvements in the number of sales made, the amount of cash you have coming in, the profitability to your business. 4. Create a Great Customer Experience Your ability to satisfy your customers at such a high level that they say, “This is a great company!” and they want to buy from you again, and bring their friends. Is the key determinant of your success. The key to a great customer experience is to make your customers feel happy, pleased, satisfied and wonderful about dealing with you. This is something that you must work on, in competition with every other company who wants to offer a great customer experience. If you learn value from this, you can share your thoughts on the comments section. Your Friend! Joshua Adeyeye ❤️ |
Re: Ways To Maximize Profit In Any Market. by ukcars: 6:54pm On Nov 23, 2022 |
Nice write up www.cppl.com.ng We are a consulting firm that provides Advertising and Training solution to SMEs and Large corporations. Digital Marketing Training Course in Lagos Customer Service Training in Nigria Business Development training in Nigeria Retail management training in Nigeria Business writing and communication skills training in Nigeria Strategic account management training in nigeria Seminars and workshops bootcamp in Nigeria 1 Like
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Re: Ways To Maximize Profit In Any Market. by 123joesun(m): 7:39pm On Nov 23, 2022 |
ukcars: Thanks for the feedback. |
Re: Ways To Maximize Profit In Any Market. by 123joesun(m): 8:09pm On Nov 23, 2022 |
They say the reason the sea stay fresh and lake doesn't is because water constantly goes in and out of them. Whereas it doesn't in the other. You can only stay fresh if your business is making sales and money keeps coming in. Else Sapa will suck you dry. |
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