Expanding your business across state lines
by Larry Chetan BusinessVenturing
into these new online markets can outshine traditional businesses especially in
these modern days where the e-commerce is taking over the industry. Luckily
you do not need to set up shop in every state if you decide to expand your
business to neighboring states. You can still run a nationwide business venture
form a single location without increasing your operating costs. All you have to
do is streamline your sales process and ensure that your operations are highly
efficient. But before your business can be foolproof, you need to focus on a
few key things.
First, you need to guarantee that
you are accessible to the market you are targeting. Setup a lead management
system that ensures that you are able to sustain and close as many cross-state
leads as possible. Invest in the development of a user-friendly website capable
of processing orders, capturing leads and auto-replying to enquire and
redirecting website traffic to intended web pages.
Second, you need to
embrace social media marketing. The internet has made it increasingly easy to
reach your target market and at a fraction of regular price. Hire a social media manager if you are
not well versed in social media marketing and ensure that they understand your business
goals. Invest in a customer relationship management software (CRM) that is
integrated with social media pages such a HubSpot to enable you to respond to
customer queries in record time and to also analyze marketing campaign
statistics.
Next, you need to
determine your product delivery system. Just like in meetings, you can only
make a first impression once. If you want to expand your business across state
lines you have to ensure that you impress your new clientele by having
efficient product delivery service. This can be done by using services such as overnight shipping. Going the extra
mile to ensure that your clients get their products in record time will key to
maintain traffic as well as referrals. Word of mouth advertising is an
understated source of business.
Another option is to look
into a courier service if you are going to use drop shipping to fill your
orders. If you are in the fashion business and are looking to expand your
business to California for instance, you can use an Oakland courier service to pick up items from your wholesale
supplier and deliver them directly to your clients. This reduces your shipping
costs and the order filling time.
In conclusion, you will
need to do a lot of reviewing and revision of your strategy until you get the
formula right; this might take you a few trial and errors.
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Created on May 31st 2019 01:15. Viewed 401 times.