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I think one of the best ways that you can grow your business exponentially is by having a long-term business plan that is tailored to building your business to a great growth rate and you implementing the business plan so the last letter in your business.You need to have a clear budget and business model, think of attractive innovations that can be applied into the business, your sales strategy should be revised at intervals, with these and many more you will experience a boom.
Personally, I think that once am able to satisfy my customers very well, they are the ones who tend to do the publicity even more.Asides from advertisement and marketing what other methods can be employed to grow ones business exponentially?
True, customer satisfaction do lead to more referrals, I think a lot of business has proven that this is a good tactics as some of their customers bring more customers.Personally, I think that once am able to satisfy my customers very well, they are the ones who tend to do the publicity even more.
So apart from adverts and marketing... I resort to creating customer satisfaction.
Yes this is also possible but in a situation of high competition it may be a little bit difficult... Most business always move to another location when there is high competition in the location they are setting their business.You can grow your business exponentially by constantly maintaining the quality of goods and services and also by offering regular discounts to customers.
Yes but you cannot give discounts to customers continually , you should raise the price at time prices raise arround too , we should always take a look of market .You can grow your business exponentially by constantly maintaining the quality of goods and services and also by offering regular discounts to customers.
The simplest or easiest way to grow the business exponentially is to pump in more money. Increase in the investment capital would give rise to exponential growthThere are so many ways to grow your business exponentially, if you have the money to always invest on the business when ever the business needs money, or let's say you have a brother or cousin even relations who is eager to support you're business then you don't have any issue.
Though this is true but do you think it's possible to maintain the quality of your goods always? Especially in times where the price of things goes up?You can grow your business exponentially by constantly maintaining the quality of goods and services and also by offering regular discounts to customers.
Well, it is possible even though it might be difficult. You can choose to increase the prices of goods/services in line with the increase of raw materials or choose to reduce the quantity while still maintaining the quality of your product.Though this is true but do you think it's possible to maintain the quality of your goods always? Especially in times where the price of things goes up?
Though I have seen customers complain when business owners do either of the two, but I believe reducing the quantity would be better than increasing the price. What do you think?Well, it is possible even though it might be difficult. You can choose to increase the prices of goods/services in line with the increase of raw materials or choose to reduce the quantity while still maintaining the quality of your product.
Yes, I think so too. Customers won't mind paying same price for a reduced quantity but they might try to find an alternative if the prices of the goods they usually patronize increases.Though I have seen customers complain when business owners do either of the two, but I believe reducing the quantity would be better than increasing the price. What do you think?
Asides from advertisement and marketing what other methods can be employed to grow ones business exponentially?
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