Monday, January 17, 2011

6 Ways to Increase Business

  1. Advertise in niche-specific venues. An advertisement in the Yellow Pages or in a local or national newspaper can cost a lot of money and may not put you directly in front of the type of customers you want to attract. Instead, look for magazines or websites that target the same audience. If you sell gardening supplies, for example, you want your advertisements in gardening magazines. This is less expensive and often more effective.
  2. Optimize your website. There's no doubt that people are using the internet more and more these days. In many cases, it's the first place that people turn when looking for a new hair stylist, plumber, or restaurant to take a date. If your company's website isn't showing up in the search results when customers search for terms related to your business, you're losing out. Optimizing your site for the internet through carefully written pages can help put your business on the top.
  3. Talk to your customers. Your customers can offer you valuable insight into your business. You could learn which products they especially like and which ones they don't care for. Customers can also offer suggestions for ways to improve your business and what new products or services you should offer. If you email your customers regularly, you can attract more business.
  4. Offer discounts. Everyone loves a good deal and offering discounts on your products or services can attract new customers and bring old ones back to you. You might offer a standard discount, a discount on one item or a buy-one-get-one-free offer.
  5. Introduce new offerings. If the items in your store are the same week after week, there's no incentive for customers to come back to visit your store. Placing new items in the store--especially seasonal ones--ensures that people will come back for more. This method works for service-oriented businesses as well. If you're already selling a customer one service, you could increase business by offering additional services.
  6. Track your advertising methods. If you don't know how well your advertising methods are working, you could just be throwing money away. Use "coupon codes" or website coding to track how effective various campaigns are. You can then use this information to gradually reduce your spending on ineffective methods and increase it on the methods that work best.

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