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Effective Ways to Increase Profits
There are a million tips on how to increase profits. However, despite this, up to 95% of businesses operate with minimal profit or even loss. The bottom line is that not all methods are effective for specific businesses. The question is to choose exactly the methods that are suitable for a particular business. If they are picked up incorrectly, you cannot see the profit.
How to increase profits
There is no magic wand that can be waved to increase profits. Increasing profits is a serious job, for the implementation of which it is necessary to possess special knowledge and technologies. If there is no time and desire to master them, then it is advisable to outsource the increase in profit to specialists, which, incidentally, is inexpensive.
Business studies have shown that there is a problem preventing good profit, which is typical for 90% of businesses. If eliminated, then 90% of businesses can easily increase profits, and quickly enough. Continue reading
How to establish export to rich countries
The strategy of exporting to rich countries is a clear answer to the question of how to sell to such regions and countries as Europe, USA, Canada, Australia, China and some others. An effective export strategy is always based on knowledge of the mentality of the country or region with which it is planned to work. Without this, failure will happen.
Rich Country Export Strategy
What is the basic difference between West and East? The East is a generally scarce place where everything is lacking. This forms a deficit mentality that defines consumer habits, the concept of business and life in general, and the same economy. A businessman with an oriental mentality looks at the world with scarce eyes, he thinks that everything and everyone is missing. Continue reading
Effective dealer network development
The development of a dealer network is necessary because dealers help sell. The more of them, the higher the sale. Therefore, the development of a dealer network for a company that wants to have high sales is one of the highest priorities. By themselves, networks do not develop, they need to be addressed, investing time, money and other resources, you need to constantly look for new dealers.
The search for new dealers is a difficult task, because there are nuances. The problem is that there are two types of dealers. The first type is monetarists. The essence of this type is in the formula “money – goods – money.” They have money, they invest it in goods in order to sell it to earn more money. Money is their main resource to which they seek the best use. Continue reading
