5 Incredibly Powerful Strategies to Boost your Business Sales!
It`s a new
decade, especially for entrepreneurs and business owners. Regardless of how
well your business strategy is or how brilliantly your products are performing,
there comes a point when the sales department experiences a slump.
Most of the
entrepreneurs think that once they have launched their products in the market,
customers will break the queue to purchase them. Truth to be told, not all
products take off on the first try. Don`t believe us? What we are going to
reveal now will amaze you!
·
In 1979, the Dyson vacuum
cleaners were first invented. But, they didn’t fly off the shelves until 1995.
·
Engineers Marc Chavannes and Al
Fielding created bubble wrap in 1960 as a textured wallpaper only to see it
becoming a total failure. It was when IBM used it as a packaging material for a
newly launched computer that it became an instant success.
·
Apple, the world`s most popular
brand was founded in 1976 and had its share of failed products. It even ousted
its founder during the downturn in 1985. It was the iMac and iPod that turned
the tables around.
According to
Harvard Business Review, about 75% of consumer packaged goods and retail
products fail to earn even $7.5 million during their first year.
So just because
your product is not attracting magnificent sales yet, doesn`t mean it never
will. But it could mean that your sales strategy needs to get better.
The good news is
that there are plenty of creative tweaks that you can incorporate into your sales and marketing strategies today. However,
there is one thing that every entrepreneur or a business owner must keep in
mind- not every strategy that can boost your sales will seem directly related
to the way you engage with your customers and clients.
But by making
few essential tweaks, you could be much better equipped to achieve higher
revenue goals. So, if you thought that hiking the Everest summit is easier than
increasing your sales, then we are here going to tell you amazing sales
strategies to prove that simple yet effective strategies can give your revenue
the much-desired hike.
Below are few
techniques that will help your business increase sales without complicating
matters any further:
1.
Give Personalized Service to Customers
Personalized customer
service is paramount for any business. It is one of the most powerful
ways to increase business sales. For instance, our name works like a charm
for our brain, activating various sections at once. And, mentioning a customer
by his or her name can make them feel special.
Also, there are
certain other aspects related to their interests in sports and movies through
which you can provide them with a personalized experience. Take Starbucks for
instance. Starbucks offer a personalized experience to their customer by
writing their names on the coffee mugs. This makes every visitor to their café
feels truly special and makes them want to come back for more.
2.
Acknowledge your customer behavior
Your product
might have excellent features in great numbers. But, there is a possibility
that your customers might just use only one or two of those features. This is
why it is vital to research how your customers use your products and services.
It will also
provide you insights into the immediate challenges that your customers are
facing. This will enable you to upgrade your products or services, or tailor
them to your customers` needs for a higher price.
You can also
recognize the pattern of your customers, their likes and dislikes too. You can cross-sell a related product with a
particular product that your customers use. You can also upsell a premium product or service to your customers that will add
value to their lives.
3.
Build an Innovative Product or Service with Customers
If you have ever
been to Subway, you will exactly know what we are talking about. Subway allows
its customers to choose their bread, vegetables, pickles, and sauces. In this
way, the customers feel empowered that they have created their burgers. And, if
the burger does not taste good, the customer will not complain.
Hence, it is
very important to build products according to your customer behavior.
Co-creating products and services with customers will give them a sense of
inclusion and they would love to spend money on the product they have created
on their own.
4.
Offer a Customer Loyalty Program
A Customer
Loyalty program is a brilliant way to attract your customers and retain them
too. Loyalty programs can make customers feel happier. It also makes them feel
appreciated for the money they spend in buying your products and services.
5.
Create a Unique Value Proposition
Any unique
proposition that is in great demand is vital for sales growth. If you offer an
excellent product that a lot of other companies are also offering, it will be
tough for you to boost your sales. However, if you create a USP for your
product that will give real value to your clients, you will win their loyalty,
along with their hearts.
It is also
important to include a crisp, and clear ‘Call-to-action. If you are networking,
leave your business card with a link to schedule a call. If you are
distributing brand pamphlets, include a reason and call to action to visit your
website. This is one of the most effective yet overlooked aspects in every
business.
Want to boost your
sales? There are more to the strategies that we have mentioned above. And, they
are incredibly powerful & beneficial for every business. Watch them here: https://www.youtube.com/watch?v=EP5CZUq6XUg
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