HOW TO GENERATE NEW BUSINESS?

Money and plant. Hand holding euro coin.

Concentrate on your Core Product

Giving more attention and research on a product can make your product and service more valuable in front of your clients. It is most important for small businesses to separate themselves by focusing on the exclusive potential and core products they bring to prospects.

Target the Right Customer

It is important to understand your potential market and target customer, your product may not have the same value for everyone.  For example, the interest of 18-year-old person will be different from 60-year-old man, you can select target market after defining key attributes. 

Offer Special Pricing Plans

GENERATE NEW BUSINESS

You must offer some free or discounted product or service along with your core product. It will increase your value for the customer without spending cost. For example, our software company ERP Gold offers its software product with no installation charges. A marketing consultant offers a free seminar on sales techniques to generate leads.

Outsource

Do the things which you can do well, you can grow your abilities in sequence as per your interest and expertise.

Practice your Implemented Plan

Once you implement your plan, exercise it, you will be able to add something more in your success plan and make it fast. Do not waste your time with your unplanned tasks which are related to your goal. This exercise will generate new ideas which will be fruitful for your business.