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Growing Profit
We could probably all grow our sales if we reduced our prices and spent a small fortune letting every potential customer on the planet know we'd done
so. And we all know this would be folly unless we were growing profit as we did so.
Growing companies profits is achievable by a combination of any or all of just five mechanisms.
- Reduce waste - resources
and expenditure - in your own processes
- Charge more for things that people don't just need, but want
- Give customers a reason, of genuine value to them, to buy from you more frequently than they used to
- Give customers the opportunity to buy more things, which they want, from you than they used to, at each purchase
- Get more people buying from you
Free Help and Advice from David Winch
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Business Growth
Visit our Business Growth area and discover how to achieve your goals. Business growth is the key, the definition almost of business
success. Future growth of a business can be planned and caused to happen.
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Marketing For Profit
Everything in a business that isn't directly associated with doing what you do, or with managing the money, is Sales and Marketing, and Sales is part
of the broader spectrum of Marketing. So Marketing is about profitFree ideas to help you improve your Marketing are available from our Marketing Advice
area.
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