What new strategy do you plan to come up with your new business?

[Xtynehappy]

The saying goes that, once bitten twice shy, So after failing on the first business, what other new strategies do you really come up with for a retrial?

 

[Fidelia]

The newest strategy to improve sales in my business is to explore the offline market.

 

[Xtynehappy]

I too have realized that the offline market has some potential for making some profits for sure.

 

[Suba]

There are several strategies that you need to apply when starting a new business, such as maintaining product quality, determining target consumers and market opportunities, building a brand, implementing effective marketing strategies, innovating and managing business finances well.

 

[Augusta]

Analyze the competitive landscape. Understand market trends and potential growth. Assess your strengths, weaknesses, opportunities, and threats (SWOT analysis).

 

[King Belieal]

My new business strategy would involve having to relate more with people that are close to my business industry.