{"id":5769,"date":"2017-06-06T07:55:03","date_gmt":"2017-06-06T07:55:03","guid":{"rendered":"http:\/\/localhost\/test_manager\/build-better-business\/"},"modified":"2019-07-10T08:43:43","modified_gmt":"2019-07-10T08:43:43","slug":"build-better-business","status":"publish","type":"post","link":"https:\/\/managersoffice.net\/el\/build-better-business\/","title":{"rendered":"Business tips: Build Better Business"},"content":{"rendered":"

Looking for simple yet effective ways to grow your business? Consider these tried and true techniques:<\/span><\/span><\/p>\n

Sell more to your existing clients<\/span><\/span><\/strong><\/p>\n

Getting more revenue from your current customers is usually a low-risk, low-cost strategy. You could offer incentives on volume purchases, target existing clients with new products, create a website to provide value-added information, and\/or develop a loyalty program that rewards customers for repeat business.<\/span><\/span><\/p>\n

Find new client segments<\/span><\/span><\/strong><\/p>\n

Is there a market segment you’ve overlooked? Say, for example, you currently sell organic skin-care products to women; maybe there is a market for men as well.<\/span><\/span><\/p>\n

Expand your distribution area<\/span><\/span><\/strong><\/p>\n

If you have been successful selling in your existing market, you might consider opening a new location. Remember though to take into consideration that you are entering a new market place and your potential return on investment could be affected by the high costs and risks of entering an unknown region.<\/span><\/span><\/p>\n

Increase profit margins<\/span><\/span><\/strong><\/p>\n

Is there a gap between what you’re charging and what people are willing to pay? Or can you reduce costs while holding sales prices steady? You may be able to identify a potential revenue growth opportunity.<\/span><\/span><\/p>\n

Develop a new business model<\/span><\/span><\/strong><\/p>\n

A strategic alliance, such as partnering with another business to cross-sell products or services, can be an excellent way to expand.<\/span><\/span><\/p>\n

Purchase a competitive or complementary business<\/span><\/span><\/strong><\/p>\n

Perhaps you own a caf\u00e9; purchasing the magazine shop next door could be a perfect fit, if done properly. While this is a complex strategy and you need to be cautious of which business to buy, the payoff can be high.<\/span><\/span><\/p>\n

\u00a0<\/span><\/span><\/strong><\/p>\n

Manager\u2019s Office
\n<\/span><\/span><\/strong>Marketing Dept<\/span><\/span><\/strong><\/p>","protected":false},"excerpt":{"rendered":"

If you have been successful selling in yourexisting market, you might consider opening a new location.<\/p>","protected":false},"author":1,"featured_media":7846,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":""},"categories":[153],"tags":[],"yoast_head":"\nBusiness tips: Build Better Business - Manager's Office<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/managersoffice.net\/el\/build-better-business\/\" \/>\n<meta property=\"og:locale\" content=\"el_GR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Business tips: Build Better Business - Manager's Office\" \/>\n<meta property=\"og:description\" content=\"If you have been successful selling in yourexisting market, you might consider opening a new location.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/managersoffice.net\/el\/build-better-business\/\" \/>\n<meta property=\"og:site_name\" content=\"Manager's Office\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Managers-Office-131795126893693\" \/>\n<meta property=\"article:published_time\" content=\"2017-06-06T07:55:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-07-10T08:43:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/managersoffice.net\/wp-content\/uploads\/2017\/06\/build.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"300\" \/>\n\t<meta property=\"og:image:height\" content=\"193\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ManagersOffice\" \/>\n<meta name=\"twitter:site\" content=\"@ManagersOffice\" \/>\n<meta name=\"twitter:label1\" content=\"\u03b5\u03ba\u03c4\u03b9\u03bc\u03ce\u03bc\u03b5\u03bd\u03bf\u03c2 \u03c7\u03c1\u03cc\u03bd\u03bf\u03c2 \u03b4\u03b9\u03b1\u03b2\u03ac\u03c3\u03bc\u03b1\u03c4\u03bf\u03c2\">\n\t<meta name=\"twitter:data1\" content=\"1 \u03bb\u03b5\u03c0\u03c4\u03cc\">\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/managersoffice.net\/#organization\",\"name\":\"Manager's Office\",\"url\":\"https:\/\/managersoffice.net\/\",\"sameAs\":[\"https:\/\/www.facebook.com\/Managers-Office-131795126893693\",\"https:\/\/twitter.com\/ManagersOffice\"],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/managersoffice.net\/#logo\",\"inLanguage\":\"el\",\"url\":\"https:\/\/managersoffice.net\/wp-content\/uploads\/2021\/01\/MOFLogoSEO.jpg\",\"width\":160,\"height\":160,\"caption\":\"Manager's Office\"},\"image\":{\"@id\":\"https:\/\/managersoffice.net\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/managersoffice.net\/#website\",\"url\":\"https:\/\/managersoffice.net\/\",\"name\":\"Manager's Office\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/managersoffice.net\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/managersoffice.net\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"el\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/managersoffice.net\/el\/build-better-business\/#primaryimage\",\"inLanguage\":\"el\",\"url\":\"https:\/\/managersoffice.net\/wp-content\/uploads\/2017\/06\/build.jpg\",\"width\":300,\"height\":193},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/managersoffice.net\/el\/build-better-business\/#webpage\",\"url\":\"https:\/\/managersoffice.net\/el\/build-better-business\/\",\"name\":\"Business tips: Build Better Business - 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