These Are The 7 Techniques You Need to Promote Faster Business Growth

These Are The 7 Techniques You Need to Promote Faster Business Growth

These Are The 7 Techniques You Need to Promote Faster Business Growth

Starting a business is such a hard thing, but also such an easy thing to do that people get stuck in ever taking the first step. When the person or people finally decide to follow their visions and make it into a concrete plan of action, the second toughest part is to figure out ways to grow the business in order to attract customers. For that exact reason in this article Sam Ovens will be discussing the topic of business growth by providing seven techniques to get you to your goals, faster.

These Are The 7 Techniques You Need to Promote Faster Business Growth

Growing a business is the most essential aspect of having a business. It is the only reason to ever go into business because those businesses that don’t grow aren’t providing any value to society and should have not been started in the first place. If you are going to provide something of value, then you need to learn how to grow to find or be found by the target customers. Here are seven things that will help you do this:

1) Social Media: You are connected to billions of people, instantly. Social media has allowed entrepreneurs to have a common platform where there’s really no advantage other than the type of content you provide and whether or not it helps people. If you can do this in a way that doesn’t appear like a sales pitch, then you will succeed and grow quickly.

2) Analytics: The reason people don’t have enough money, are overweight, and can’t seem to reach their goals is not because they don’t have them, but it’s because they’re not tracking their progress and so they are oblivious to whether they’re growing or not. In business you need to keep track of many variable such as visits to your website, purchases, expenses, payroll, taxes, customer churn, and more. If you’re able to keep track of most or all of these, you will have a clear picture of what is going on, what happened, and what you need to do in the future. Why do you think pilots and yacht masters have so many tracking tools?

Social media has allowed entrepreneurs to have a common platform where there's really no advantage other than the type of content you provide and whether or not it helps people

Social media has allowed entrepreneurs to have a common platform where there’s really no advantage other than the type of content you provide and whether or not it helps people

3) Paid Advertising: This may be the quickest way to grow your business, but it can also be the quickest way to ruin your business. Too many people seek to pay a third party agency or do it themselves without knowing what they’re paying for. It is essential to understand your budget and what your customers want to see before spending money on paid advertising. It is no coincidence why business owners prefer to use paid advertising once their business is already doing well, because they can afford it.

4) Marketing Automation: Automating your marketing will not directly result in your business magically growing, but it can allow you to focus on other tasks to grow the business. Essentially, automating your marketing is a time-saver and with all of the technology available there should be no reason why your marketing is not semi or fully-automated.

5) Networking: Though we are in the digital age, there are some tried and true ways of growing your business because at the end of the day it is people who will pay for your product or service and the more people you get in front of, the more chances of success you will have.

Though we are in the digital age, there are some tried and true ways of growing your business because at the end of the day it is people who will pay for your product or service

Though we are in the digital age, there are some tried and true ways of growing your business because at the end of the day it is people who will pay for your product or service

6) Referrals: This comes as a result of networking, but it can also be engineered by you simply asking past customers for the contacts of people they know who are seeking the same product or service you offered them in the first place. In the beginning, referrals will be life blood of your business and if you do a great job for enough people, your customers can double without you having to pay extra for marketing.

7) Outsourcing/Hiring: Finally, outsourcing will allow you to spend more time on growing the business instead of dealing with the day-to-day tasks. There are tons of resources and companies offering outsourcing solutions for entrepreneurs and all it takes is for you to do a google search.