Startup Hacks
3 Simple Business Strategies To Increase Your Sales in 2017
A famous American author Zig Ziglar once said: “Every sale has five basic obstacles: no need, no money, no hurry, no desire, no trust.”
You might have succeeded in building a business of your own, but if you don’t have people to buy your product, you really don’t have anything. So what could be the reason for your poor sales?
Maybe your marketing strategies are focussed on the wrong people or there is just too much competition within your industry. Whatever the reason, sales are everything for an entrepreneur. Without proper sales, you can assure that you will fail.
Here are a few quick tips on how you can boost your sales in the financial year 2017-18.
1) Rely on word of mouth
Innovative strategies to increase your sales are always popping up day by day. In this modernized lifestyle, some traditional methods are still appropriate for modern businesses. What works is the word of mouth publicity. This is probably because the people to whom they are speaking about your business are their family, friends or colleagues.
Ask your customers to refer your brand. But before doing this, ensure your product is worth the trouble of your customers. You can also customize your product to meet their needs.
Always remember, building customer relationships comes with a heavy price. Get prepared to invest your time as well as resources for maintaining this.
2) Embed videos in your social media ads
Come up with an engaging content which includes videos. Make an interesting and valuable video content for your marketing campaigns and then use social media platforms. Use social media platforms for your ads. If you have been throwing money on building up SEO strategies, then it is time to spend some for interesting video content.
Reports suggest that having a video can increase the conversion rate by 80 % while including videos in an email increases the click through rate by 200 -300 %. Interestingly, 92% of the mobile users share videos with others.
3) A little bit of offline marketing will definitely work
Advertise your business in local newspapers. Because there are still old folks who go through these newspapers in their mornings. Seek endorsements from some of the influential people, if they like it, they will endorse it too.
You can also opt radio stations and offer to give away your products for free to their listeners, this will indirectly add some publicity to your business.
You can also display your products at some upcoming popular events. This can surely help you have some celebrity customers to your product.
Well, these little things will certainly help you retain your most loyal and high paying customers.
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