Which is which selling existing services or new services?

[Stardom22]

In business we oftenly face stiff competition when we try to sell the existing kind of services that other businesses are doing the same. So between selling the already existing services and new services which is which?

 

[Springtime]

If you plan to offer new service, you need to do thorough research to make sure your service is in demand, and you have the right skills and knowledge to offer the service.

 

[eLdavis]

I think selling an existing service is a lot easier cause there is already a target audience, all you need to work on is how to attract them. A new Service means looking for the target audience as well.

 

[Augusta]

Selling existing services to new customers is a crucial business strategy for growth. It leverages existing assets, reduces marketing costs

 

[Nomad]

Both are good but which will make you more profits depend on whether the existing service has more customers are new service has more customers.