What is one of the best strategies to grow your business income from six figures to seven, or seven figures to more? That’s what we’ll answer in today’s video.
Hi, I’m Dillon with Social Media Top Team. We help business owners grow their business to the next level by leveraging social media, email and high performance marketing strategies.
Let’s get right to it. When asked how today’s turbulent business world is affecting his life, a corporate CEO replied, “I sleep like a baby. Every three hours I get up and cry.”
Sweeping changes are drastically changing the playing field and the rules for success in business. What’s causing it? Technology. Technology is shrinking time and space, giving customers more choices and businesses more competition with less time to respond. If you acknowledge the results and impact of technology, you’ve taken the first step in growing your business to have a successful future. If you ignore it, you’re courting with economic disaster.
We’re gonna share with you how to grow your business to the next level and get better, faster results in a business world where swift, unpredictable change has become the status quo. What you need to know and practice can be summed up in one word – SPEED.
Speed gives you the initial edge in the market. You’re able to acquire A LOT of customers long before ANY competitors appear in the marketplace.
Speed reduces risk. The faster you can meet a customer’s wants, the less likely they are to go to your competition. Speed increases revenue. Customers willingly pay PREMIUM prices for faster service and faster results.
Speed increases market share. Promising and delivering faster service is a time tested, business proven tactic for capturing BIG market share. Speed and quality go hand in hand. The fastest way to fulfill an order is to do it right the first time. Or as we say ‘Picture perfect.’
Speed improves efficiency. It forces you to improve and perfect your operating and fulfillment systems to keep up with a fast pace.
Speed shrinks expensive inventory costs and the need to rely on market forecasts. When you have a fast and efficient supply and fulfillment systems, you don’t have to keep a lot of inventory sitting around collecting dust.
Speed improves morale. It’s proven that people absolutely LOVE being part of a highly efficient, highly effective and FAST TEAM. Speed creates an innovative edge. By making ‘speed’ one of your mantras, you will observe how your company begins to transform. You’ll develop new methods, procedures and technology that can revolutionize the way the business is done.
Speed pays even when things go wrong. Research has shown that 70% of customers will do business with you again if you resolve their complaint to their satisfaction. Yet if you resolve it on the spot, a WHOPPING 95% will do business with you again!
In short, to successfully grow your business in today’s rapidly changing business world requires moving quickly and reaching customers in new, innovative & more effective ways. It means a whole new focus and approach to marketing, selling, fulfillment, etc. to speed up your business and increase your profits.
Besides implementing key technology, it also means that you MUST be leveraging social media channels, blogs and online forums, email newsletters, teleseminars, webinars and more. These are not optional...rather necessities in modern business to both speed up and improve your customer’s experience with your company.
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And if you’d like to learn more about growing your business with our ‘The Next Level System Business Coaching Solutions’, go to www.socialmediatopteam.com or click on the link below this video.
I’m Dillon with Social Media Top Tem. Don’t miss our next video when we cover another growing your business to the next level strategy ‘The Corrective Action Sandwich’. What?!?
See you on next video!