Growing your business network and boosting your sales without paying.
Every business no matter how big or small wants to survive and make sales but most times we encounter different problems along the way that makes our goals seem too hard to achieve.
Please note that the strategy I'll be giving out here is a strategy i use for my mini-scale business and results may differ from your large-scale business.
What we have to do in the first place is quite simple.
For a neat work space we would and should start by first outlining our problems in order of value before scale of preference,allow me to explain.
1. Scale of Value.
In small-scale business we spend money;
On getting products
Covering for transportation to get the products
and we loss money on some goods that expire in store or spoils......because we don't have insurance to cover them
In Large-scale business we send money;
On getting products
Covering for transportation to get the products
On getting brand logos and other accessories that help us market our goods
and we loss money on some goods that expire in store or spoils because we don't have insurance covering them.
Having all these in place helps us understand our scale of value and questions we need to ask ourselves now are questions like;
How do i reduce this losses?
How can i avoid letting my goods expire in store?
the answers to these questions are simple
First
Getting what customers need before what they want
Then collecting feedback by engaging in little conversations when they come to buy from you and this way you can as them what they think you should change or add to fully satisfy them.
Second,
Getting in line with those you deal with and keeping a good relationship with them,by this i mean those people you buy your stocks from like if you are a retailer buying from a wholesaler.
Why is this important?
Keeping a good relationship with your dealers is essential because these dealers know what goods other brands like yourself are getting at the moment,so keeping a good relationship with them helps you extract these information from them and it helps you clear your store before the goods expire or damage.
Then finally patronize them every time and checkup on them randomly too
Doing this you have built the foundation of your network.
2. Scale of preference
After building your network foundation from your dealers,you now have to choose and choosing wisely is what would help you make more sales than your competitors.
What are you to choose and why
After getting the List of goods that make sales faster than others,what you have to do now is select according to;
The profit you're getting from it
The rate at which it sells
how it would sell in your own area.
The profit you are getting should be the first thing you consider so it helps you know what to put on top and what to put under or cross out.
Then you have to select the goods according how fast they sell while simultaneously calculating the profit you would be making.
After doing that,you would notice you are left with options that would really help you quickly and not those that slow you down
Then finally what you do next really matters,you don't just buy that particular good cause it sells faster at a particular location,ask yourself, would it sell in your own location as fast as it would sell in that other location.
How do you get rid of these problems?
you run a quick survey from your existing potential customers
Potential customers are those customers that would buy from you at all times wouldn't hold back from answering you when you ask them some questions.
Hitting through these potential customers helps a lot because some of these customers go out that to even help you get some information too thereby spreading your network and sources from which you get your information.
This is all i have to pour out here,this is what has helped me for a long time and i hope it does help you too.
I always knew somehow affiliate marketing had an easier side