goodygracious.com goodygracious.com
  Site Home >> About Us >> Add Your Link >> Security & Privacy >> ToS >> Add Article
Search:   
 
 

The 3 Golden Rules professional Graphic Designers don't want you to know about

Ever wondered how some graphic designers always manage to produce beautiful looking designs for thei ... - horatio farquaar
 

Pointers in Choosing a Canvas Printer

Printing artworks onto canvas need utmost attention to detail so as to arrive at the quality that yo ... - Charmaine Joy Caro
 

Retail Operations - Effective Branch Manager Support and Guidance

As a customer how often have you experienced poor service from people obviously unsuitable for a ret ... - Anthony Dance
 
 

10 Cost Effective Ways to Promote Your Internet Business

Learn how to promote any Internet business on a shoe string budget. The number one Free traffic meth ... - Daniel Millions
 

Sometimes Managers Are Just Too Soft

If as a manager your people are not living up to their full potential, perhaps it's because of the w ... - Bill Lee
 
 

Site Home › Business & Companies › Small Business Enterprise
 

2006 The Year I Increased My Sales and Stopped Bitching!

 
Author: Steven Schneidman
 

After watching sales decrease year after year, this year I'll try something new. If this sounds like your company then read on. There was a time when you built your business over a number of years, then just waited for your repeat business. Repeat business is no more a given. Times are tougher, competition is tougher and there are more players selling the same stuff.

It really doesn't matter what business you're in. I'll describe my business and how it has evolved. I started off as a forms distributor when every company started using computers with their own customized forms. The large companies were too busy to go after the medium and small clients, or would only do so if the margins were very high. This left a void in the market that many people capitalized on. Repeat business was almost guaranteed as these people feared that their rotary (pin fed) forms would not work if someone else produced them. With the computer revolution came the knowledge and acceptance of the ease with dealing with computers and their by products.

Today, less and less people are using pin fed forms and have shifted to laser forms. A good percentage of people print the whole form directly from their inexpensive laser printer. To survive and prosper I learned early on that you needed to diversify both in product and customer base. I started selling commercial printing, offered an e-commerce ordering system before it became fashionable, started selling promotional products and really became knowledgeable in the products I sell and in the products that will be available in the short term. Today forms account for only 20% of my business. Today my business grows annualy at a 50% growth rate. Should I be satisfied. No way. In the next 5 years I'll bet the bulk of my business will be in something else.

If I rested on my laurels and waited for the money to roll in, I would just be waiting for the inevitable train wreck. What's working today will not be working in 5 years, maybe even 3 years. Those that do not embrace change better start looking for their next job or business opportunity. It's time to be proactive. Look at new markets, look at new products and look at new ways to increase your business. The internet is not going away, it will only keep growing. Buyers that were slow to embrace internet shopping have become the the nets best customers. The growth is exponential. Run, don't walk to get a web site and one that will help you sell more product and to a wider market. Try new things like COLD CALLING! Forget your fears, the worst thing they can say is no. Better to have a chance for new business than none at all. Hire long term good people. Those that are short sighted will have their business results reflected by it. Stop bitching and whining and spend that energy usefully. There are doers and complainers. Make 2006 the year you particpted in the doer group. The earlier you start the earlier you'll be on a path for success.

My last bit of advice is never become complacent. Walmart never rested on its laurels. In the last 5 years we've seen them open Sam's Club to compete with Costco, start selling groceries to compete with the grocery stores and start buying direct from China all in an effort to increase sales and profits. My bet is that in the next 5 years we'll see them in even more businesses. The world has changed and there's no turning back.

 
 
 

Related Articles

 
Small Business Marketing Strategy - Enrich the Customer Experience
 
Music Downloads: Do Frogs Eat Apples?
 
An Action Guide on What to do When You Have Been Scammed
 
Consumers' Behavior Buying-Secret Revealed!
 
SQL Server Indexes
 
Customer Lifetime Value - CLV - What Does it Really Mean?
 
Are You Shooting Yourself In The Foot?
 
Plant a Seed and Watch Your Business Grow
 
Cash paid for properties subject to a Section 20 Notice
 
Delivering Great Customer Service - 10 Tips
 
 
 
Add Url
 

Online Shopping

Technology & Science

Culture & Art

Recreation

News & Media

Sports

Teens & Children

Jobs & Employment

Automobiles

Self Management

Lifestyle & Fashion

Law & Politics

Banking & Finance

Healthcare & Medicine

Travel & Vacation

People & Communities

Drink & Food

Indoor Games

Property & Estate

Business & Companies

Home Family & Garden

Academics & Learning

Computers & Software

Hygiene & Health

 
Site Home >> Security & Privacy >> ToS  
Copyright © www.goodygracious.com - All Rights Reserved Worldwide.