When starting in a new environment, it seems to be almost a habit to say “yes” to everything that comes your way. If you’re running a company or working for a business, it isn’t always the smartest thing to constantly say “yes”, this will lead to an overwhelming amount of work that turns out half baked. It is important to remember that multitasking is not always a productive way to handle projects, through a healthy strategy of saying yes and no we came up with the best three points.
Promote Customer Loyalty
For all businesses, a loyal customer proves time after time to hold more value than new customers. Loyal customers can be totalled up to 10 times the value of their first purchase. Businesses are able to rely on their number of loyal customers versus the amount of off and on customers.
A strategy of remaining competitive is realizing that the cost of gaining new customers is actually higher than maintaining an existing one. From having a larger size of loyal customers, businesses have the opportunity to spend its marketing budget on improving the quality, service, and products.
The following are strategies to launch your customer loyalty.
Every minute in the day is precious, and when working, it should be used towards being productive. While being productive isn’t rocket science, it could be difficult to break the habit of how you manage your time. There are two different ways to increase your output, either put in countless more hours or, working more diligently, ultimately taking less time. I believe that most people would prefer the second choice.
Here we have compiled the top five tips on improving your productivity. Continue reading Increasing Productivity
Listed below are three ways how advertising and marketing are keeping up with the new age technology. Continue reading Advertising Footprint
Marketing Strategies – When Less is More
Impact of Colors on Marketing
When it comes to a product, persuasion becomes an art in order to influence your customers. The strongest influence comes from the colors to draw in different demographics.
When marketing a product, Sound and Smell ranks 1% in contributing to influence, Texture at 6%, and Visual Appearance with 93%. Concluding that visuals take the highest percentage it is safe to assume that it is one of the most powerful methods of marketing. Continue reading Impact of Colors on Marketing