Showing posts with label how to improve my business. Show all posts
Showing posts with label how to improve my business. Show all posts

How to get customers for your business

Posted by Shriyaans Consultancy Tuesday, April 17, 2012 11:02 AM 0 comments
Identifying your target market is something important for every small business. Mostly, we get into two types of target market – the Natural Market & the Niche Market. What does each of them mean to us?

The Natural Market – When I mention natural market, it means the prospects that surround you neighborhood, the people whom are meeting or calling them daily, your relations, etc.Yes! Pick up your telephone directory or mail list & start contacting each of them to tell them about your product or service. The benefit you gain here in the natural market is that it’s easy to get appointments as most of them are known to you. You get sufficient time to convince them about the value what you provide. You may also get a sale or more referrals by them.

The Niche Market – Let me now talk about the Niche market. After spending some time prospecting in the natural market, gradually you will come to know the proper age group or location or professionals who are in dire need of your product or service & are ready to buy too. Once this is known, you need to have a signature presentation ready for them, create customized brochure for the niche market & start pitching to them. This always cuts short the selling time & leads to quicker prospecting for getting leads.

Facing problems on how to find target market then get marketing advice

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Where to get advice on setting up a business in India

Posted by Shriyaans Consultancy Saturday, July 30, 2011 12:04 PM 0 comments
So,you finally decided to become an entrepreneur and you need advice on setting up a business.Practical advice for small business owners is readily available by from the business advice corner Shriyans at a small fraction of cost.

Their advice for growing businesses have helped several start-ups in successfully running their business.Whether you wish to know which business idea is the best or which market venture can be taken or need advice for company formation or need affordable marketing strategies to promote your product,just reach them for assistance.

It is one potential resource online that offers practical advice without paying much money.Today even the smallest business requires advice even on the smallest matters like designing professional business cards,creating a great business site,good online content that brands your product or service,tips on selling the product,etc.

We,help small businesses unlock their potential by assisting them in their early stages of development.

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Profitability Improvement

Posted by Shriyaans Consultancy Monday, July 12, 2010 7:49 PM 0 comments
Are you an Entrepreneur, who strive for the business and want to improve your profits? Of course the answer will be YES! Everyone will start their business for profits and self satisfaction of having a business and being a boss.

Fortunately there are many ways for your business to power up profits. Some of the ways to increase your business are cross-selling, incentives for the sales person for selling more, increasing the product line, up-selling to existing customers, etc… On the other side reduction of expenses, negotiating on discounts with suppliers, etc… are some of the ways for increasing profits without any sales of the product or service.

If you master the art of increasing profits, then you will be able to-

1.    Position your organization for future expansions in the new markets
2.    Build strong relationships before you assist them
3.    You can have a financial cushion if your business slow down
4.    Protect the financial assets to hire additional staff

To attain all the above things and for profitability improvement, you have to-

1.    Explore the current financial position: Assess and analyze the firm’s financial status and calculate the financial assets. Record it.

2.    Minimize expenses: If you don’t have proper planning, you can’t control the expenses. So, have a good planning on daily expenses, monthly expenses and observe that your business will not cross the budget.

3.    Increase the prices: According to the firm’s policies, you can increase the prices at regular period of time.

4.    Up sell to existing customers: Keep good contacts with the existing customers and now and then try to know their needs and sell them more. You can also take some contacts from the customers.

5.    Outsourcing- the best way: Focus on the core areas of the business and outsource to reduce resources.

Want to increase profits for your business then contact our Team of experts who will assist you and provide you some tips and tactics on profitability improvement. They can be reached at Shriyans Management Consultants P Ltd .

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