Ways to Grow Your Business Stockton CA
Northeastern California SBDC at San Joaquin Delta College
56 South Lincoln Street, 2nd Floor
San Joaquin, CA
6132 Pacific Ave
1776 W March Ln
San Joaquin Delta College
5151 Pacific Ave
306 E Main St
Davis & Davis Presents
532 W Harding Way
Small Business Development Center
56 S Lincoln St
5356 Passero CT
Abram and Wortz Business Service
445 N San Joaquin St
Nor Cal Staffing Solutions
8667 Mariners DR
Ways to Grow Your Business
It can be difficult enough to grow, expand and maintain a healthy business in a strong economy. When the market turns sour, it can spell disaster for the small business owner conscious of cost. Here are three simple steps you can take to keep your business expanding, even when the going (or growing, in this case) gets tough.
1. Reward Customer Loyalty. When looking to branch out, focus on your existing customers-they already know and trust you. The truth is that it's easier and far cheaper to increase business from existing clientele than to rope in new prospects. Offer your loyal customers new or additional products and services relating to an existing offer-then reward that same trust and loyalty by offering these services at a reduced rate. Also, consider offering discounts on existing services for the referral of new business prospects, in lieu of additional incentives.
2. Get More Bang from Your (Marketing) Buck. If you're aiming to keep your sales soaring without significantly increasing your advertising expense, buckle down when it comes to negotiating without advertisers. Remember that economic downturns affect advertisers substantially too. Use this downswing to your advantage and agree on a fair, yet discounted price. If the price is set in stone, you might request a larger ad for the same money.
3. Good Publicity on the Cheap. Strike out and launch your own PR agency in the interest of your existing business.
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