You are getting...
- What You Need to Know to Survive in Business.
- Business Survival Strategies in the Modern Age.
- Survival Business Strategies.
- Strategy to Sustain the Business
- The Ways to Sustain Business Growth
The topic we are going to discuss in this post is what can be the way or strategy to sustain the business.
You know, it is easy to start a business.
But after starting a business, many people can't sustain the business in the long-run.
This is happening in every country in the world.
If 100 businesses are started, 90 of them end in as a business failure.
What strategies can be adopted to sustain these businesses or what processes can be used for improving these businesses?
Now, what will you do for continuing your business in the long-run?
Read 10 strategies below for improving the sustaining chance in your business and the growth.
1. You Have to Start Carefully:
First of all, you have to think about how to start nicely or perfectly. There is a proverb of beginning and that is "a well begun is a half done". You have to keep trying to start your business nicely.
Now the question is what to do to start a business nicely.
First of all, you must learn the business.
Second, you have to do business with someone.
Third, you need to have a clear plan for starting your own business.
It should be well planned before starting a business. It is also called drafting a plan for business.
2. Sale Center/Shop Location:
The
place or location of your cell center or shop location must be in a
crowded place where the movement of buyers should be more than other
places.
It is always important to decide where the best place for your business is. The location plays a huge role in attracting your valuable customers.
A good position in a selling center can significantly enhance a company’s long-term performance.
Poor position or location can spend
millions on lost talent, productivity, and capital as well as the loss
of business.
3. Decoration:
The decoration of your shop or
showroom should be attractive to the customers. A lot of times some
people see the beautiful decorations of a shop and go inside even though
they have no intention of buying the product.
You must show good behave with them. Then they will go to your shop later when they want to buy any product.
- Always brings variety in the store decorations to attract people.
- Try a slightly different decoration from the others.
4. Clean and Tidy:
You know, cleanliness is a part of faith in Islam. So, always keep your shop or showroom clean and tidy. Some tips are given below...
- Use scented and room spray.
- Clean yourself first as well as your storeroom.
- Wear elegant dresses and speak with the customer very politely.
5. To-do list of Salesman:
In
addition to keeping your shop or showroom clean and tidy, you and your
salesmen need to be cleaned, tidy, and dress up should be smart.
It is better to have a polite and tidy uniform for everyone.
Salesmen always have to be deal with customers nicely.
Remember,
all customers are not equal. Some may misbehave with you. But you can
never be bad with customers. Deal with customers in such a way that the
customers fall in love with you.
Always keep a smile on your face.
Today,
even if the customer does not buy anything from you, he will come to
your store the next day, fascinated by your behavior, and buy a product
from your shop. He will come to your store again and again when the two
(owner and customer) have a good relationship.
Don't
forget to entertain all these customers when they come to your showroom
or shop. And one more thing is very important, and that is, you have to
give equal importance to all customers.
Give the same importance to
the customers who buy the more expensive product as you give to the
customers who buy a small amount of product.
6. Exclusion of Excess Profits:
You must exclude extra profits. If you can earn faith of your customers, your sell will increase. Then you can earn more money by taking relevant price.
So, keep some tips in the head to sustain your business...
- Do not take over price from any product to unknown or known customers.
- Do not mix adulterants in any products.
- Do not give less weight.
- Try to be loyal to the customers by doing business honestly.
- Never get angry at the time of bargaining with customers.
- Always keep a smile on your face.
Remember, customers, buy different products by
trusting the salesman.
So never disrespect customer's faith.
The
customer quotes a price for a product that you cannot sell. Then you
politely say, sorry sir/brother/madam, it is not possible to sell at
this price. If you want to buy it - you have to pay this price.
7. Keep Good Quality Products:
No matter what category of products you sell, be sure to sell good quality products.
Do
not try to sell or keep fake, expired, adulterated products in your
shop or showroom. You can't improve your business permanently because of
this illegal activity and you can be jailed and fined at any time.
Even if you get a pass by doing adulterated business on this earth, you will be caught by the great creator on the hereafter.
8.
Publicity:
An important aspect of a business is publicity. The world's
biggest business is spending millions of dollars on publicity.
Because
promotion is the way of expansion of your business. The more you
promote your Business, the better your business will be.
You also should run different types of campaigns within your effort. In a simple word, you need to give emphasize on marketing.
The marketing has a lot of aspects. All aspects may not be adjusted with your business.
You need to select and start making marketing campaign on those tactics adapt with your business in order to ensure the publicity.
For example,
you can advertise in local newspapers, FM radio, TV, online blogs,
magazines, and social media. You can also advertise through posters or
leaflets.
At present, the Internet is booming day by day. Advertise in internet-based media, especially on Facebook, Twitter, online radio, TV, and news portals.
9.
Selling Products Online:
The best way to survive in a modern business
is to sell products online.
Today many organizations are established in the country, and abroad by selling various products online. None of them has a selling center or shop in the market. They are running this business by sitting at home.
You can now sell any product online. For this, first, you have to create an online shop (e-commerce website).
If you want to survive in the modern age, start selling your products using technology. But remember one thing, buying and selling online is based on trust.
So never disrespect anyone's faith or trust. Do business
honestly. You will be able to improve your business.
10.
Concentrate on One Task at a Time:
There is no doubt that the most
important habit to survive in today's modern business world is to be able to focus 100% on a task at a time.
Over
the past 20 years, project management research has clearly shown that
many tasks are more successful and efficient than those that strive for
multiple tasks.
So, after the above discussion we will say you that you can note every point for your business,
and these points are very important for your business. You know, it is
easy to start a business but difficult to survive.
There is a rule in the market,
and that is the market does not remain empty. If you don’t try someone
will occupy or capture the market.
So, always try to survive and improve your sustainable business strategy.
