All discerning entrepreneurs and business owners make good use of every opportunity to boost sales and increase profits as often as the opportunities present themselves. And who wouldn’t do that? After all that is the major aim in doing business.
One of such opportunities for making colossal sales and maximizing profits is the ember months, the end of the year period. There is a very immense window of opportunity opened for the remaining part of this year. Here is how you can use this opportunity in front of you and do something that your business will thank you for.
There is a lot of buzz going on around now about running an end of the year business promo, and why not? This is just the perfect time of the year to make jaw breaking offers all for the long term benefit of your firm or business. Every business owner is doing it; you won’t want to be left out.
We’ve already seen how an end of the year business promo can help you drive repeat sales and get new customers. Now we look at how an end of the year business promo can help wake up sleeping customers.
It’s the business time of the year. Are you prepared for a jaw breaking finale for your business year in this few weeks left? Well, if you are really interested in doing something big this end of the year, this ongoing series of articles should be of paramount importance to you.
We’ve already considered one very important reason for running an end of the year business promo at this time. Relive it here. Now we look at how you can take full advantage of this period to increase your customer base sporadically.
We are well into the ember months. It’s that time of the year again. It’s the festive season, when top marketers and businesses get busiest. If you are a business owner, you shouldn’t be left out of the hot possibilities in this hot part of the year.
Here is how you can drive repeat sales in this time of the year, and the part bulk SMS can play in this.
We’ve used the past week to consider the many different reasons why running an end of the year business promo is a must. A lot of important and indisputable benefits that this brings have been analyzed. Just in case you’ve missed any of them, check them up below:
Now, we come to the final reason of this series on why you should run an end of the year business promo at this time, and it is to improve brand recognition. Why is this important and how exactly does a promo assist? Let’s find out.
WHY A BRAND RECOGNITION IS IMPORTANT FOR YOUR BUSINESS
‘If you are not taking care of your customer, your competitor will’. These are the words of Canadian inspirational speaker Bob Hooey. That powerful statement couldn’t be anything short of true. If you are a business marketer, you must come to grips with the fact that there are many businesses out there ever ready to offer what you give to your customers or even more if you lapse.
Getting ahead of your competitors is one reason why you should consider running an end of the year business promo as we are going to see in just a moment. This is going to be the 9th major reason to run an end of the year business promo.
We’ve already seen how an end of the year business promo can help you get new customers, how it can lead to repeat sales, how it can assist in waking up sleeping customers, promo’s role in reviving interest in a fading product and how it can help you keep all existing customers. Also, we have seen how an end of the year business promo can help you boost sales and increase profit, why it is a perfect avenue to announce new product/service, and why this is the sales time of the year.
HOW AN END OF THE YEAR BUSINESS PROMO CAN HELP YOU BEAT ALL COMPETITION
By now, you should have plans already in place for running an end of the year promo for your business, which is if you are not having one already. If at all you are still skeptical though about the benefits of this, then you need to check out the previously considered powerful reasons to run an end of the year business promo. Click to see reason 1, reason 2, reason 3, reason 4, reason 5, reason 6 and reason 7 already considered.
One important thing about marketing and making sales is right timing and good targeting. There are times when sales for a particular product get to the optimum, and if you are a good marketer, you must be ready to take advantage of such times. Here we look at why this time of the year is the perfect time to have an end of the year business promo if making sales is your target.
WHY NOW IS THE TIME FOR A BUSINESS PROMO IF MAKING SALES IS YOUR TARGET
According to American Businessman and entrepreneur Sam Walton, “In whatever line of business you are, there is only one boss, and that is the Customer. He can fire everyone in the office, right from the chairman down to the least employee. And this he can do by simply going to buy somewhere else”. This only goes to show that the importance of keeping customers in a business cannot be overemphasized.
It is fitting then the 7th reason for our Top 10 reasons for running an end of the year business promo is; keeping all existing customers. Already there have been very exciting reasons that we’ve considered. Missed it? Check here for reason 1, reason 2, reason 3, reason 4, reason 5 and reason 6 for running an end of the year business promo.
HOW RUNNING AN END OF THE YEAR BUSINESS PROMO HELPS YOU KEEP EXISTING CUSTOMERS
Content marketer Joe Chernov once said; “Good marketing makes the company looks smart. Great marketing makes the customer feel smart”. That is exactly one of the biggest thing you achieve whenever you run a business promo. You make your customer feel smart as they get their best products for next to nothing. And that is great marketing.
There are several reasons why it is important that at this festive time of the year you run an end of the year business promo. About five (5) of these have already being considered. We’ve already seen how running an end of the year business promo can help bring about repeat sales, how it can help you get new customers, its effectiveness in waking up sleeping customers, how it can help you boost sales and maximize profit and of course, why it’s a perfect opportunity to announce new products/services.
The reasons are still coming thick and fast, and here comes the 6th reason why you must have an end of the year business promo now; reviving interest in a fading product.
HOW AN END OF THE YEAR BUSINESS PROMO HELP REVIVE INTEREST IN A FADING PRODUCT
Many businesses will be doing it, some are already doing it, your competitors might probably be planning it, and you definitely do not want to be left out. It is the end of the year business promotions. Already we’ve seen how running an end of the year business promo can help you drive repeat sales, how it can help in getting new customers, why it is effective in waking up sleeping customers and how it can lead to massive sales and enormous profit.
Now in this article, we look at yet another beautiful thing you can use the opportunity of an end of the year business promo to achieve, and that is in announcing new products. Why is this effective? Let’s see.
WHY RUNNING AN END OF THE YEAR BUSINESS PROMO IS A PERFECT PLATFORM TO ANNOUNCE NEW PRODUCTS AND SERVICES