Numerous stats show that customer retention is a key component of a business’s growth strategy. Especially during these turbulent economic times. Companies spend a lot on keeping customers coming back for more. However, a lot of companies don’t see their existing customers as a form of regular income. They spend more money on trying to…
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Have you ever tried communicating with multiple people to find your message lost in translation? People are a mixed bag of tendencies, preferences, experiences and judgments about others. We all have a unique blend of learning and communication styles, behavioural patterns, motivational preferences, and personality types. Challenges arise when we need to work with others. …
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As we move into fourth quarter and an unpredictable economic future, what are your priorities for the remaining months of the year, and how are you setting yourself up for a strong 2023? Here are four business tips to maximize fourth quarter and thrive during these turbulent times. LEVERAGE MOMENTUM Look at where you…
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Harvard Business School reported that “in a survey of more than 1,000 senior executives conducted by PwC, highly data-driven organizations are three times more likely to report significant improvements in decision-making compared to those who rely less on data. While intuition can provide a hunch or spark that starts you down a particular path, it’s…
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Customer acquisition can be expensive for a new business. It’s important to have loyal, repeat customers, but it can be difficult to find them without spending a large part of your budget. When you’re first starting out, though, doing this could break your bottom line. Fortunately, there are strategies you can implement to reduce the…
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