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How To Grow Your Business By Ignoring Bad News

How To Grow Your Business By Ignoring Bad News

People need to eat. Those people are both your customers and your employees. You, as the business owner, marketing professional, or generally responsible businessperson, have a role to play to ensure that you and those around you continue to eat. The question, though, is how can you continue your business when everywhere you look you see bad economic news.

Ignore it.

Ok, not entirely. Don’t pretend that you’re sales are rising by 50% a quarter when they aren’t. You need to be centered in reality. But ignore the fear. Ignore the question of whether the economy will overcome your business. Instead, focus on what you can do to embrace the economic news and keep your business healthy. Here are some tips:

1. Know Why Your Customers Come To you

Everyone who calls your office, comes through your door or visits your website is looking for some kind of answer. They want to do business with either you or your competitors. Take some time to talk with your customers. Talk to some of your most loyal customers, find out what make them come back. If you know what they like, you can refine and focus your business to reflect those desires. You can make it easier to work with you than anyone else in your business.

2. Adjust Your Business To Fit Your Customers’ Needs

If you’re losing business because of price, lower your price. If you’re losing your business because of service, up your service. If your customers are going through tough times, find ways to redefine your products or services to fit into their lives. Show your customers how much they matter to you by focusing your products in ways that make sense to them.

3. Give Customers Permission to Do Business With You

Every ad you place, every mailer you send, every person you talk to about your business reminds your potential customers that you’re still in business. Give them permission to work with you. Let them know, in your messaging, that you understand that times are tough, but that you’re still here, ready to help them with their problems. When you advertise, you’re letting people know that you’re around and available.

4. Prioritize Your Markeing - Know What Works

Not every ad is worth its money. You need to know what works. You need to measure, track, monitor and capture every response made by any ad you place. When you know how your ads perform, you can make educated decisions about which ads you should place. By prioritizing your marketing, you can focus only on the useful, while throwing away the wasteful. AdSymetrix has been developed for exactly this purpose. We can track the responses from any ad you place, anywhere, online or off.

5. Keep Smiling

Don’t let the bad times overwhelm you. If you’re concerned about your business, you can find ways to work smarter to keep your business viable. Let the customers complain about their concerns with the economy, your role is to show them that their decision to work with you is the first, best decision in this terrible economic time.





How To Grow Your Business By Ignoring Bad News - To learn more about this author, visit Andrew Schwartz's Website.

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Kim Castle
With nearly two decades in the advertising and design business, with clients like Domino's Pizza, General Motors, Direct TV, Pedigree, Wolfgang Puck, Higher Octave Music, Hollywood Celebrity Products, Disney, and Paramount, as well as thousands of entrepreneurs around the world define, structure, communicate, and position their business for greater profits, BrandU(R) co-creators Kim Castle and W. Vito Montone discovered that entrepreneurs could experience the same power that big brands command for a fraction of the cost with the world's only process-based results-drive Integral approach to business creation. BrandU(R) is helping entrepreneurs grow with the power of extreme clarity from idea...to brand...to market(TM) and helping one million entrepreneurs become successful and whole so that they can make a difference in the world. Are you one of them? If you want to experience clarity all the way to the bank(TM), get started now at http://www.brandu.com. - Visit Kim Castle's Website

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David Barr is the President of Venture Opportunities, Inc. David has been a professional business broker/intermediary since 1980 focusing on General Business Brokerage and Mergers and Acquisitions representing client transaction value from $400,000 to $20,000,000. Mr. Barr has handled the sale of over four hundred and fifty companies. David earned a university degree from the State University of New York majoring in economics and business. David holds the Mergers and Acquisition Master Intermediary and the Certified Business Intermediary designations from the International Business Brokers Association. He is also a Senior Business Analyst and a Texas licensed Real Estate Agent. For more information about David and Venture Opportunities, visit www.bizdealmaker.com. - Visit David Barr's Website

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