Let’s face it. Scaling your business is hard. It takes considerable effort. In the beginning, it means wearing different hats. It means dealing with sales and marketing. It means understanding taxes and corporate compliance. It involves having to interact with customers on a daily basis. And so much more. At the end of the day, it takes its toll on you.
If you’re struggling to grow your business, there is light at the end of the tunnel. Sure, it’s hard. But, what’s the alternative? A life-sucking 9-to-5 job? Surely not. Okay, maybe you’re longing for the security of a guaranteed paycheck. But, at what mental or emotional price will that come?
The truth? If you buckle down, clear your mind, and just look at things in perspective, you can easily identify ways you can grow your business and make more money quickly. While hundreds of business growth strategies likely exists, the following 15 will take your business to the next level quickly and efficiently.
Frasier, who builds and scales seven, eight and nine-figure businesses tells me that there are loads of ways to grow a business quickly. But, only 15 core strategies that will truly make a real impact on your bottom line. Some are time intensive at the outset. That much should be expected. But, the benefits and profits will ultimately make them well worthwhile.
Like anything else in life or in business, you have to put in the time if you’re looking to reap the benefits. Don’t focus on the short-term outcome of your work. Look to the long term. Build sincere value and look to help your customers. Genuinely care. That should be the foundation. After that, it’s simply a matter of taking action and putting in the work to scale.
1. Build a sales funnel.
The first way to quickly grow your business is by building a sales funnel. If you don’t have a sales funnel, you’re making a monumental mistake. Sales funnels can help to automate your business. It helps you to scale and grow quickly and easily. Sure, there’s some front-end work involved. Obviously. But, once those processes are in place, it’s smooth sailing from there.
Frasier says that every sales funnel needs to be carefully conceptualized before it’s created. Consider the different funnels first and foremost. Whether it’s a free-plus-shipping offer or a high-ticket coaching funnel, it’s important to build your automated selling machine to quickly scale and grow your business.
2. Utilize a customer management system.
Manually tracking transactions is hard. No one wants to do that. It gets too cumbersome as the business grows. If you want to scale quickly, use a customer management system. There are plenty to choose from. But, it really depends on your line of work. Of course, cloud-based software like SalesForce is always a viable option.
Quickbooks can help you with the accounting. InfusionSoft can also assist with sales and marketing. There are plenty of CMS systems, most of which integrate with other cloud-based services. Find what works for you and utilize it.
3、Use Them as Models
Marketing a product almost always requires a product photo and/or video.
That means professional equipment, setting, and models, right? Wrong.
You can produce great ads simply by using available resources around you.
When dropshipping friends Mandie and Aubrey wanted to promote a hair shaver, they grabbed Aubrey’s little brother and live-streamed themselves shaving his “super hairy legs.”
The video was a hit and the shaver went on to become one of their best-selling items.
Likewise, most of the models that entrepreneur Ryan Carroll uses in his ads are people he personally knows – including mom and dad.
Not only do they not cost a thing, but they’re also more accessible and real.
It doesn’t have to be some big Kim Kardashian you’re paying half a million dollars for a post or whatever. It’s just people that are relatable. – Ryan Carroll
And to shoot these ads? Look no farther than your pocket.
When you’re just starting out, smartphone cameras are all you really need to take great product photos and even videos.
Grab a family member or friend, shoot, edit it with a mobile video editing app, and you’re good to go.
Objectivity can sometimes escape us. That’s especially true when you’re burrowed knee-deep in your ecommerce business and inadvertently develop tunnel vision for your products.
Because of all the hard work you’ve poured into researching it, launching it may seem like your only option – or at least the only option you allow yourself to take to not waste any of that invested time.
One way around this blind spot is to get feedback, and that’s where family and friends come in.
Worried about personal bias, entrepreneur Suhail Nurmohamed formed a research focus group using his family and friends.
He’d order test products for his online men’s fashion store, make them wear them, and get their honest opinions.
Because it’s my store, I’m gonna be a little bit more biased to it. Now, what we need to do is we need to put our emotions to the side. And what we need to do is take constructive criticism. – Suhail Nurmohamed
Their feedback provided Suhail with “a second eye, a third eye, a forth eye” and helped to either validate his product or convince him to chuck the idea.
Inspire Product Ideas
In the case of general store expert, Chris Wane, it was his best friend who not only inspired the product but also provided that breakthrough success.
After multiple failed stores and products, Chris’ winning idea eventually came from a tip from his cycling-addicted best friend.
One day while browsing through AliExpress trying to look for new product ideas to have a go at, he turned to his best friend and asked him what he thought about some of the products.
“He found this pair of cycling glasses and said, ‘I would buy them.’ So I threw them up on the store, and it just blew up straight away,” says Chris.
And blew up it did. From this one single tip from his best friend, Chris made over $13,000 in sales in less than six weeks.
…Or a Business
Beyond inspiring products, those within your closest circle can also unwittingly launch you into the world of business.
When Offcuts founder Adrien Taylor saw how much fabric was being thrown out from his dad’s curtain manufacturing business, he thought it a waste that all those perfectly good fabric was destined for a landfill.
“I had a quick look through all these fabrics and there were lots of floral prints, and I don’t know, all these really, really cool patterns,” says Adrien.
After some research, he found out this was actually a pretty common practice – up to 20 percent of fabric in the garment industry is discarded.
Back then, Adrien had just left his job as a journalist. He’d been looking to start a business but was still clueless about what form or shape that would take.
Seeing those offcuts at his father’s warehouse eventually inspired the idea for Offcut – a business that would turn discarded fabric into hats.
Since then, Offcut has gone on to produce other products like backpacks, luggage tags, and wallets.
5. Identify new opportunities.
Analyze new opportunities in your business by understanding your demographic better. Understand everything from distribution channels to your direct competitors, and even an analysis of foreign markets and other potential industries. There are likely dozens of new opportunities you could pursue immediately with the proper amount of analysis.
6. Build an email list.
One of the most best and most effective ways to grow a business quickly is to build an email list. Clearly, that means you need to have a lead magnet. Why else would people subscribe to your list? And, with a lead magnet, comes the necessity for a sales funnel. Look into companies like ConstantContact, ConvertKit, Drip, GetResponse and others for building and managing your list.
7. Form strategic partnerships.
Strategic partnerships with the right companies can truly make a world of difference. It could allow you to reach a wide swath of customers quickly. Identifying those partnerships might be easier said than done. But, look out for companies that are complementary to your own. Contact them and propose opportunities for working together.
8. Consider a franchise model.
If you have a successful business, and you’re really looking to grow quickly, consider franchising it. Although franchise costs are high and moving to a franchise model is complex and takes a lot of marketing know-how, it could make all the difference if you’re truly looking for quick growth.
9. Licensing deals
Doing licensing deals is a great way to grow your business without too much added effort. If you have a product that you can license to others and share a revenue of, that’s an ideal way to grow quickly. Taking a popular or successful product and bringing it to a company with a large footprint can help you achieve market saturation quicker.
10. Diversify your offer lineup.
Look into diversifying your offers. What complementary products or services or information can you offer in your business? In order to grow, you need to think about expansion. Identify new opportunities within your niche. Uncover the pain points. What else can you sell to your clients. Where else can you add value in the exchange?
silkroad dropshipping products、alibaba vs aliexpress、website improvement suggestions、shopmaster vs dsers、alibaba com、dropshippingrequest order cancellation aliexpress、aliexpress cancel order、aliexpress order cancelled refund、how to find alibaba dropshippersonline store、automate、Logistics、affiliate marketing、Etsy、online selling、wanting and making money、online payment gateways and processing、sales、online business、facebook ads、entrepreneurship、international shipping、income taxes、email marketing、online advertising、getting started、set up、advertising and advertisements、insurance companies、free shipping、software and applications、clothing and apparel、startup advice and strategy
The best choice for Euro/US dropshippers to improve business efficiency
ANTDIY, a High efficiency free shopify APP ,The official partner of AliExpress, the only shopify App that can provide the best customer service.
If you feel like to try dropshipping, then don’t miss ANTDIY, we have a variety of functions and perfect service, it can help you import products with one click, and can also help you place orders automatically, ANTDIY helps you source your assortment from a wide variety of reliable suppliers on 10 platforms, such as AliExpress,1688 dropshipping , Taobao, etc.ANTDIY, a High efficiency free shopify APP.
It’s not terrible to be fired, but if you have been overly sad, you will not be able to return to your normal life. Hurry up and start your new journey.
- The best choice for Euro/US dropshippers to improve business efficiency-ANTDIY
- Everything you need to know about dropshipping
- Pizza Hut goes bankrupt, dropshipping can bring it back to life
- Alibaba vs AliExpress: Who’s Best for Importing & Dropshipping?
- Droppers with more than 10,000 profits choose suppliers like this
- The Future of Ecommerce: 8 Patterns to Keep an eye out for in 2021
Dropshipping、selling on shopify、e commerce shipping and fulfillment、Aliexpress、shopify applications、order fulfillment、multivendor e commerce、e commerce companies、print on demand、niche markets、multivendor ecommerce、online shopping、ecommerce store、shipping label、shippers、startup strategy、Business、suppliers and vendors、amazon fba、alibaba、payment gateway、woocommerce、payment processing、online marketplaces、business advice、making money online、entrepreneur advice