Tuesday 15 September 2015

How can improve business?

What is business?


business, also known as an enterprise or a firm, is an organization involved in the trade of goodsservices, or both toconsumers.[1] Businesses are prevalent in capitalist economies, where most of them are privately owned and provide goods and services to customers in exchange for other goods, services, or money. Businesses may also be not-for-profit or state-owned. A business owned by multiple individuals may be referred to as a company.
Business can refer to a particular organization or to an entire market sector, e.g. "the music business". Compound forms such asagribusiness represent subsets of the word's broader meaning, which encompasses all activity by suppliers of goods and services. The goal is for sales to be more than expenditures resulting in a profit.

How to Increase Your Business Sales



Advertise. If your customers don't know about your business, you won't be able to sell to them. When a potential customer is preparing to make a purchase, s/he is more likely to visit business s/he already knows about, rather than simply looking one up online or in the phone book. Though the internet has changed the process an average consumer uses to find a business by making it easy to quickly obtain pertinent information, reviews, and so on, advertisements still play a big role in fostering awareness 



Offer (and publicize) special deals and discounts. Customers love great deals, so special one-time offers are a great way to raise your sales in the short term. However, to take full advantage of the sales "spike" a special deal can provide, make sure as many people know about it as possible. This may mean mentioning upcoming deals to your business's customers, distributing flyers or handouts, paying for advertisements, or more. Balance the costs of publicizing your deal with the benefits you're likely to gain from it. Below are just a few ideas for deals you may want to run:
  • Flat or percentage price cuts for certain products (e.g. $20 off all microwaves)
  • Percent discounts for purchases over a certain price (e.g. 10% off on purchases over $70)
  • Buy x, get y free deals (e.g. buy 3, get 1 free)
  • Limited-time bundles (e.g. buy a computer by the end of the month and receive a free keyboard)


Make the process of buying your products a safer bet (and publicize this).Customers are more likely to buy from you if they're confident that their money won't be going to waste. Demonstrate confidence in the quality of your products by "insuring" the customer's purchase with any number of strategies - a few are listed below. Whichever you choose, remember that it's important for your customer to be aware of these policies for you to benefit from them, so be sure to promote and publicize them. You may want to:
  • Offer a money-back warranty
  • Have a generous return program
  • Have a "satisfaction guaranteed" policy

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