© 2011 Apptivo Inc.
All rights reserved.
Tips for Growing Your Business: Diversify to
Grow Your Business
In some situations, the best way to grow a business is through diversification.
Rather than
increasing your sales through new customers, sell more to...
More
© 2011 Apptivo Inc.
All rights reserved.
Tips for Growing Your Business: Diversify to
Grow Your Business
In some situations, the best way to grow a business is through diversification.
Rather than
increasing your sales through new customers, sell more to the customers you currently have.
Though it may seem more challenging most businesses can find ways to add to their current
product.
In addition to getting current customers to buy more, this method can also encourage
new customers to your business that would not otherwise be a part of it.
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To do so, consider the following tips for growing your business:
Sell a product or service that compliments what you already sell.
If you are a bakery,
consider selling gourmet coffees.
If your business is a copy store, consider moving into a
repair service for office electronics.
Teach customers something.
One way to increase revenue is to give customers what they
want: the secret to wha
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