Easy way to grow your business



Many businesses in Nigeria run at a loss because most managers are not up to date with trends that can help skyrocket their sales. It's true that the world as we know it has grown to become a global village which means more proactive measures have been used by marketers and business owners/managers alike to boost their revenue.
Here are a few tips to growing your business.


1. Know your business: A lot of people venture into businesses, sell products and offer services they know little or nothing about. To stand out from the competition in the matket, it becomes imperative that you "Know your business". Know the "Modus Operandi" of the business you wish to venture into. This includes know the following
a. Capital required to start(For beginners)
b. Consumer perception about the product you sell or service you render
c. Probable return on investment
d. Risks associated with the business e.t.c

2. Consumer taste/Satisfaction: You'd not have anything to sell if you don't have people who are going to patronize you. Every business revolves around this key fact. To actually succeed as a business owner, you must understand that the needs of the consumers must be put into very serious consideration.

3. Build a brand name: Your unique selling proposition makes you stand out from contemporaries in business. Try to build a brand, and thi means having something unique which your business stands for. Apart from the fact that you sell products or offer services, efficient services delivery and good customer-relations may just be the added advantage you'd have over your rivals.

4. Know your Rivals: Business, to a reasonable extent is a competitive venture. The reason being that, the business you want to venture into may have one or twho peiple as its major players. To succeed, you must know them, study their habits, pitfall so you'd not make their mistakes as you head towards making a name for yourself.

5. Be positive: A possibility mentality is very essential for any business to thrive. As a business owner/ manager, you must a positive mindset. This will make you see endless opportunities and effectively harness them.

Popular posts from this blog

Reaching new clients with strategic marketing Pt. 3

There are as many opportunities for co-marketing as you care to look for, but sourcing them all comes down to some old-fashioned networking and business development. Ideally, you'll be on the lookout for the following criteria in your partner: •They aren't a competitor—or better yet, they complement you. •They have a sizeable audience (email list, social following, etc.) •They are a similar-sized company and aren't "too big to work with you". You’ll have an easier time if you have an existing relationship with someone there who can help implement the co-marketing campaign. But if that's not the case, which is likely if you're a new company, you can still make it happen. There are 3 free tools I’d recommend for this purpose: Clearbit Connect to help you find the email you need to reach out to the contacts you want. Streak to help you track when your emails are opened, build and manage contact lists, and save templates that you can re-use on an
Read more

MUSIC: BLACK MAGIC by Oluwa Benny drops on Monday, 2nd October

Image
Ebenezer Wagoha A.K.A Oluwa Benny makes a grandé entry into the Nigerian music scene with his debut single titled: BLACK MAGIC . BLACK MAGIC is said to be released on Monday, 2nd October, 2017, so, #Anticipate A fan of the artiste proclaimed thus: " The new single by Oluwa Benny is gonna be the hit and talk of the town, wait for it!" Oluwa Benny is a Nigerian(Rivers state born) afro pop artiste based in Port Harcourt. Currently a student of the Rivers State University, his passion for excellence has led him to great feats in academics and of course most recently, his music. When asked: Why music? He didn't hesitate to say : "I go for music because I'm naturally grinded into music and it gives me joy" . Oluwa Benny is new, strong, energetic and has what it takes to turn the Nigerian music industry around. Watch out for this great talent! Follow Oluwa Benny Instagram : @oluwabenny
Read more

HYPE Foundation's CAMP DAVID comes soon!

Image
HYPE foundation is a Non Governmental Organization saddled with the responsibility of youth development and harnessing/fine-tuning of the talents of young people with the aim of making them valuable in the society. Every year, HYPE foundation organizes CAMP DAVID . This programme has over the years helped to develop the skills of young people in the Nigerian society. It's open to young people of all ages, tribe, and religion. This year's CAMP DAVID is tagged " TRIGGER " ...retreat, revamp, release. Venue: Kings village camp, school to land, Iriebe, Rivers state. Date: 31st August - 3rd September, 2017 You can't afford to miss this programme... Registration is ongoing. Contact: +2348132718024 for more information.
Read more