Gainrepeat businessby encouraging customers to join your email list. Withemail marketing, you can continually communicate with your customers, keep them updated on your latest products and services, and persuade
75% of respondents said IPM would deliver a large or significant increase in revenue. In this final segment, we’ll delve into why the study argues that “Internet Performance Monitoring (IPM) avoids Internet disruptions and mitigates risk for a successful eCommerce business,” ultimately ...
Revenue is what keeps your business alive. Beyond being a lifeline, revenue can give you key insights into your business. If you want to increase your business profits, you need to increase your revenue. By keeping an eye on your revenue and focusing on increasing it, you can also increase...
some less so. Some may be new to you and some you may be doing already – although it never hurts to take a fresh look at every aspect of your company’s operation.Whichever ones you decide to adopt will depend on the nature of your e-commerce business and the...
Universal principles that accelerate revenue growth and business profit Price review A reasonable raise in prices to maintain first-rate quality, effective customer-service, wider guarantees, and other benefits contributing tocustomer comfort and satisfactionare means of increasing revenue and profitability....
While customer acquisition is great, it’s not always necessary if your primary goal is to increase revenue. Focusing on your existing customers will save and make you money too. Don’t believe me? Calculate yourcustomer acquisition cost: ...
Think about what even 10 percent more revenue would do for your business. Use this as the motivation to seek out new ways to expand revenues. Doing so may require you to think outside the box, but you’ll soon see the rewards as you increase your bottom line and make your business str...
(or skeptical friends and relatives!) your business’s earnings from normal business operations over a fixed period of time. This calculation tallies your revenue minus costs, taxes and interest paid on debts. You could also think of it as your profits after you’ve settled up your costs, ...
32 of the best housewarming gifts, according toThe New York TimesWirecutter. Getting your product in the right gift guides can increase sales and traffic to your website. However, inclusion in these guides doesn’t happen randomly and requires some effort. In many cases, business owners and ma...
Others limit a business growth plan to one or two years. In the end, it’s up to you to decide how far you want to look ahead. Step 3.Plan actions to reach your goals If your goal is to increase revenue, for example, what are your best ways of achieving this? They might be ...