Established businesses tend to put things on auto pilot, generating revenue and making decisions without even thinking about it. That is until the time comes when you want to introduce a new product. Then suddenly many businesses find themselves re-evaluating how they’ve been doing things and wondering if there is a better way. This is the perfect time to stop … Continue reading
Every company is in business to make a profit. One of the best ways to increase your profits is with the products you are selling. It’s important that you know your market, know your product, and know how to up-sell another relevant product to the customer. Let’s look at 5 ways to increase profits with products: Innovative Products – Consumers … Continue reading
The number of networking opportunities available is many. If you are ready to take your networking opportunities to the next level, you’ll want to read this article. The wider your network the more targeted traffic and the higher your revenue. To build customers you need to be trustworthy and you need to be memorable. When you are choosing your URL, … Continue reading
Did you know there are at least a dozen ways you can raise your prices and your customers won’t even notice? Pricing isn’t all about logic. Our brains are programmed to notice some things while not even seeing something else that’s right there in front of us. For example, if you sell something for $9.99 rather than $10 it’s a … Continue reading
When it comes to business in order to sell your products or services two things must happen: 1. There must be a demand for what you are offering 2. It must be priced right so that the consumer chooses to buy that product If either of these elements is missing then there will be no sale and no revenue. But … Continue reading
When a business owner decides to sell a business there are a number of steps that need to be completed to ensure a successful sale occurs. The sale of a business usually is not a sale of one asset. Instead, all the assets of the business are sold. Here are the steps you should consider when preparing your business for … Continue reading
Your blood, sweat, and tears went into building a successful online business. But the time has come to sell your baby. Every day there are thousands of businesses that change hands, but online businesses are more difficult to sell because there are limited channels available to ensure you get the exposure you need to get the best price. If you … Continue reading
Every business at one time or another decides it needs to reduce the operating costs. In these tough economic times, doing more for less seems to be the motto of most companies. However, it’s a balancing act. On one hand, you want to grow your company. On the other hand, the demand to reduce costs is ongoing. You need to … Continue reading
One of the best ways to increase your revenue for your online business is to increase your advertising. But the advertising you choose need to be effective otherwise you are simply wasting money. Here are just a few online advertising techniques that work well, bringing targeted traffic to your website for little to no money. Social Networking – MySpace, Facebook, … Continue reading
No one would argue about just how tough the economic front is. During these sluggish times businesses attempt to compensate by reducing operating costs or changing their pricing. Let’s look at 5 pricing strategies for small business. Strategy #1 – Don’t Slash Prices Except to Move Obsolete Inventory When economic times hit, the most common mistake small business makes to … Continue reading
