Examples of great business strategies for everyone

[Starmix]

We all want to own a business big or small. In my case, I am so fortunate that I already own a small milk tea business. It is small but terrible because I profit every day. Despite I profit every day, I never trust that it will run that way all the time, especially with the latest news that another milk tea seller to occupy in the same mall where I rented a space. Below is a great list of strategies we may like.

1. Cross-sell more products

2. Most innovative product or service

3. Grow sales from new products

4.Improve customer service

5. Cornering a young market

6. Product differentiation

7. Pricing strategies, and

8.Technological advantage.

 

[eLdavis]

I think at the moment I am currently at the first one. Though I worked as a photo editor but when I finally started my business i only accepted graphic design gigs. Now I have also included photo framing and even customized items.

 

[Starmix]

I like the number 5, cornering a young market. I like to corner a young market and to do it, I must learn the how's and what's. Improving customer service. It is also a very good strategy that could boost sales.

 

[freelancermaria]

I think I am number 8 since I am an online freelancer. I use modern technology to improve the freelancing services I offer online.

 

[Starmix]

I think I am number 8 since I am an online freelancer. I use modern technology to improve the freelancing services I offer online.

That is good to hear from you, it is a must for you, mine is an offline job and business though technology is also vital, and very necessary at work.

 

[Augusta]

So many strategies to adopt to help us run a business smoothly but I would say it is good to have a good customer service so that customers get the excellent service they needed

 

[Fidelia]

When you enter a young market, you give yourself a chance to grab a higher market share. That's why you need to keep on exploring untapped markets as a business.

 

[Starmix]

I like the number 6 of product differentiation. It's where I know how to use tactic after knowing the price differences. I may reduce mine in a cent and people will be happy for it.

 

[Augusta]

When you enter a young market, you give yourself a chance to grab a higher market share. That's why you need to keep on exploring untapped markets as a business.

Yes, it is good to explore especially the untapped markets so that you create a niche for yourself and see how you can have a lion market share

 

[Stardom22]

For one to leverage on the operation of the successful businesses they must be very creative enough to come up with some unique strategies that would outsmart the competitors.