Category: Business motivation

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Business motivation Marketing

How to build a Successful Business with White Labeling?

White Label Solution
White Label Solution

Summary: White labeling has many benefits! Discover how it can help your business to grow without developing a new product.

Do you want to start your own business, but are confused about which product should you come up with? Do you have product ideas in mind, but due to lack of time unable to create it? The White Label is the solution!

White labeling has been around for a long time, but not many people know that it is not limited to just software. For many years brands like Walmart have been buying products from other companies and relabeling them under their brand.

In a start-up world where the competition is fierce and the market is dynamic being an entrepreneur is not an easy task. From taking care of multiple tasks at the same time to managing your products, marketing, brand reputation, and customer service, it is hard to do everything on your own. For an entrepreneur who is facing a business challenge, doing everything on their own could be the first reflex. You can learn white labeling from the best business coach Dr. Vivek Bindra in their online business coaching program.

White-label business solutions are a gateway into the business world. It helps you to scale your business and sell your products at no extra cost and without pre-planning, training, hiring, and implementation work.

What is White Labelling?

White-label products and services are kinds of re-brandable, and re-sellable items that are produced, branded, and sold by one company but are rebranded and resold by another company.

A White Label Solution involves a manufacturer who sells an unbranded piece of product or service to a reseller who then places their logo and sells it to their business clients. Hence, in a white-label market, the manufacturer and seller are two separate entities that work for mutual benefit.

It is not only limited to small business owners and large enterprises but many colleges and institutions are also making the most of this service with White label content creation.

How do White Label Solutions come into existence?

This concept was drawn from the fashion industry where retailers acquired mass-produced goods from the manufacturers and sewed their branding on the product. What did they get? A product that was similar to private label brands. However, at a competitive price point!

Advantages of White Labelling

Naturally, the foremost benefit of white labeling is its cost-saving aspect. However, there are plenty of other benefits that white labeling that every entrepreneur, solopreneur, or business owner must consider:

1. It saves time– Time is money! And since businesses do not have to build or develop solutions from the start by putting their own time and resources, White Labelling saves up a lot of time, financial and human resources.

2. No Infrastructure Needed– As the resellers can purchase the product from the manufacturer and start reselling it under their branding, they do not need an infrastructure to set up a manufacturing unit.

3. Happy Customers– With quick customizations and quicker time to market the products at the reseller`s end, you will have more happy & satisfied customers.

4. Allows you to focus on your business– More often than not, the companies hoping to build a solution find themselves in a precinct that does not fall under their expertise. Pre-packaged solutions with White Labelling that are prepared by experts can help businesses to reach their goals more efficiently.

White Label Solutions can help businesses that are trying to establish themselves in the market to utilize their unique branding to offer a range of products and services without having to incur money in resources, infrastructure, and technology.

By using white labeling entrepreneurs can give their customers a quick solution to their immediate problems. They can also focus on the core competencies of their business, and move towards building a brand and greater conversion rates.

Want to know how you can grow your business with White Label Marketing? Click here to watch this video:

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses. To know more about it, visit: www.badabusiness.com

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Business motivation

10 Business Quotes By Dr. Vivek Bindra That Are Pure Gold For Your Business!

10 Business Quotes By Dr. Vivek Bindra That Are Pure Gold For Your Business!
10 Business Quotes By Dr. Vivek Bindra That Are Pure Gold For Your Business!

Life is full of ups and downs! Sometimes we face them in full swing other times we might feel demotivated due to constant issues and disappointments especially when you are an entrepreneur. In these times we all need a business motivational speaker who can illuminate our darkest hour with his years of wisdom and knowledge. Dr. Vivek Bindra is one such mentor who has inspired millions of entrepreneurs, students, and small business owners to follow their entrepreneurial dreams.

Dr. Vivek Bindra is a globally acclaimed motivational speaker, corporate trainer, and business coach who has registered 9 Guinness World Records under his name. He is the owner of the world’s largest entrepreneurial YouTube channel because of the number of subscribers.

If you are facing challenges in your startup business and feeling demotivated, here are 10 inspiring quotes that are ‘GOLD’ for your business:

1. You don’t need hands & legs to drive your organization, you need a head & heart to drive your organization.

2. A clear vision or great vision without great people is completely irrelevant.

3. Acquiring the right talent is the most important key to growth.

4. The smartest business decision you can make is to hire qualified people.

5. The way you treat your employees is the way they will treat your customers.

6. Great people are a company’s greatest asset.

7. Satisfied employees will get more customers, and more customers will be more profitable.

8. People are not interested in who you are, they are interested in how you make them feel.

9. Either you grow or you go, either you are distinct or you extinct.

10. Brilliance around you will build brilliance within you.

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses. Get practical solutions easily with our step-by-step learning strategies, action plans, and frameworks that are designed to empower you and your business with in-depth knowledge.

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Business motivation

5 Low-Investment Business Ideas For Small Towns & Cities In India

5 Low-Investment Business Ideas For Small Towns & Cities In India
5 Low-Investment Business Ideas For Small Towns & Cities In India

With 70% of the Indian population residing in tier II, tier III cities and small towns, small business ideas in these regions are the need of the hour. This also offers multiple opportunities for new-age entrepreneurs. The government is also promoting the idea of ‘Atmanirbhar Bharat’, which encourages the young guns of India to take a risk and become assertive in their approach.

Most of the businesses in these areas are directly or indirectly dependent on agriculture. Thus, it gives lots of opportunities to start new businesses in these areas.

‘Success may come to the first movers, but success stays with the fast movers’, says Dr. Vivek Bindra- the best business coach in India. So if starting your own business is your absolute dream, here is a list of small business ideas that you can explore in the small town:

For young entrepreneurs who are passionate about making their mark, here is a list of low-cost business ideas:

1. Retail Stores

If you will look closely, you will notice that many popular brands are making their way to the rural areas of India. While the market in the big cities has reached its saturation point, in small towns it is still at a development stage. Though the majority of the population is residing in rural India, there is a lack of retail outlets that are well-planned and cater to the different needs of the customers. One such option is to open a Kirana store. A very feasible option, Kirana stores are never out of demand.

2. Flour Mill

Opening a flour mill is another low-investment business idea that can be started with minimum investment. A flour mill can be beneficial in a small town as there is an adequate supply of the raw materials like grains, cereals, oats, barley, sorghum, and spices like turmeric, and chilli etc.

Once your business begins to flourish, you can also supply the products to nearby cities and towns at a good profit. It is a good business opportunity and requires limited money. It also requires a good electrical connection to start and run the business. To expand your business operations, you can watch great informative videos by Dr. Vivek Bindra- the best business motivational speaker in India.

3. Become a Translator

Love learning new languages? Then becoming a translator is an excellent business idea for young and aspiring entrepreneurs in India. Various companies in the country are looking to expand their reach globally. They are willing to pay people who can speak foreign languages like Japanese, Chinese, German and Spanish.

So if you are interested in learning a foreign language, you can make good money from this by offering your translation services to individuals as well as companies.

4. Fitness Guru

Today, people are becoming health conscious more than ever. Thanks to our unhealthy lifestyle and hectic work schedules, more and more millennials are turning towards fitness trainers for good health.

If you are crazy about physical fitness, you too can become a fitness trainer. There are many certification courses available as well. You can set-up a gym and become a qualified fitness guru.

5. Online Tutor

With BYJU`s joining the Unicorn Club in 2020, online education has become a popular thing. If you have proficient knowledge about a certain subject, why not use it constructively? Due to the pandemic, many students are looking for a subject matter expert to help them in their studies. Becoming an online tutor is an excellent business idea that is profitable and involves no risk. Your subject knowledge can help you earn handsome money.

If 9 to 5 desk jobs do not excite you, fuel your entrepreneurial skills with any business idea that has good prospects. Keep your target audience in mind and research well before making any decision. However, with proper guidance and expert knowledge, you can reach your goal quickly.

What does it take to become India`s no. 1 entrepreneur? Deep insights of great mentors who are ready to help you throughout your journey! And our Business Coaching Program that provides you exactly what you require to make it successful. Why not connect with us for more information?

Take the first step towards your brighter future, by clicking here: https://www.badabusiness.com/BCP-Event/?pp_code=BHBB000078&ref_code=SM

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Business motivation

5 Simple Self-Care Tips For Entrepreneurs To Boost Productivity

5 Simple Self-Care Tips For Entrepreneurs To Boost Productivity
5 Simple Self-Care Tips For Entrepreneurs To Boost Productivity

Summary: Improving your habits can significantly increase your chances of success. It’s time to take a radical approach towards self-care.

Being an entrepreneur can be exciting, financially advantageous, passion-driven and personally fulfilling. It can also be exhausting, stressful and emotionally taxing as each day comes with various business challenges to navigate. In the absence of a business coach and a solid self-care plan, an entrepreneur’s vision can become skewed, making their goals harder to reach.

Entrepreneurs grapple with loads of stress than most people and can quickly get overwhelmed. They often prioritize burning the candle at both ends over caring for themselves. Hence, this often results in burnout and reduced productivity in the long run.

If you are an entrepreneur, solopreneur or even someone who is experiencing burnout lately, here are some great self-care habits to develop that will boost your efficiency and productivity:

1. Nourish Your Body

Entrepreneurs often tend to stay up late to make their dreams a reality. This could easily lead to overwork and overeating. To run a business successfully, one needs energy and stamina. To build that energy and stamina you need to start fuelling your body with nutritious food, rest and exercise. Hence, focusing on a balanced diet will make all the difference. Along with eating a nutritious diet, hydrating yourself is also important. So don’t forget to keep a jug at your desk!

2. Take Adequate Sleep

As we mentioned, entrepreneurs are famous for trading sleep with idea creation and business building. However, an average adult should get 7 hours of sleep every night and make it a common goal. Having a consistent bedtime and a sleep schedule will ultimately boost productivity, allow for more spaciousness in mind for creativity and benefit overall health.

The mentality of checking “just one more email” or “hustle-mode” can often mean that your rest is compromised. Once you develop a regular sleep cycle, you also know how much sleep you need. Resting isn’t at all difficult — it’s giving ourselves the permission to rest that is difficult. So, ensure that you get an adequate amount of sleep.

3. Set Boundaries at Work

We all have heard about boundaries. But very few understand the concept of establishing them at a workplace. When building your business, it is very easy to be tempted to take calls, reply to one more email, and be consistently available at all hours of the day. However, this can mean interrupted sleep patterns, fatigue and poor choices in nutrition. Communicating your set working hours to clients and the time during which you are “available for calls” is an essential cornerstone for your success.

4. Take Regular Breaks

Staying glued to the screens of your laptop can reduce your productivity and efficiency. Hence, taking regular breaks between handling your projects and the clients is essential. Even if you have to force yourself away from your work, make it a priority to take small breaks, when possible, even if it’s just to sit outside and enjoy a nice day.

5. Learn the ‘Art-of-Delegation’

Saying ‘NO’ and knowing what work is better delegated is an integral part of self-care. We often have set parameters and expectations of how a certain thing should be. But the more you allow yourself to be open to results instead of the process, the more you bring to the table.

Self-care is a subjective term. It does not have a fixed definition. It is rather a very vast term that keeps on evolving constantly. For some it might be taking a spa treatment, while for someone it could be reading a book or taking a nature walk.

However, in a broader spectrum self-care can include any action that helps a person refocus, rest and recharge. Activities such as yoga, meditation, athletics, artistic pursuits and even time out with friends could be included under the self-care banner. Building and scaling a business is a formidable challenge. Those well-rested, well-nourished and focused on the importance of wellness are well suited to face the challenges head-on.

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses.

To know more, visit: https://www.badabusiness.com/BCP-Event/?pp_code=BHBB000078&ref_code=SM

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Business motivation Startup

7 Low-Cost Business Ideas You Can Start From Home Today!

7 Low-Cost Business Ideas You Can Start From Home Today!
7 Low-Cost Business Ideas You Can Start From Home Today!

Summary: Start a home-based business with minimum funding. Here are 7 business ideas.

Are you looking to launch your own business, but don’t know where to start? Just relax. You are not alone. Today, many people want to start a business on their own, and for good reasons. On an average, people have two-three careers during their work-life. Also, with the great resignation in full swing, many are looking to become their boss or small business owner by turning their startup business idea into a reality.

If you want to become your own boss, then we have good news! Starting a home-based business is super easy and without risk. You can start it with zero to minimum investment and determination to be successful. Here is a list of seven startup business ideas that you can start right from home:

1. Accountant

Apart from the qualification, little experience, training, or licensing may be needed. Before starting you need to list out what are the services you are willing to offer. Do you simply want to do bookkeeping for small businesses or do you want to be more involved with services like maintaining balance sheets, income statements, or financial reports on a monthly, quarterly, or annual basis?

To start and grow your business, you can listen to the best motivational speaker Dr. Vivek Bindra here;

2. Business Plan Service

Think you are good at creating excellent business plans that constitute scaling? Well, then you can offer a soup-to-nuts business plan to various entrepreneurs who are looking to develop a business plan for their startups. Plan your fee around that one main factor that the client will want and offer others as add-on services. You can either give your clients an e-file or you can keep the business plan on file and offer to customise it whenever necessary. Prepare some samples to show your clients as well.

3. Party Planner for Children

From children to adults, everybody likes to party and celebrate their special moments uniquely. The children’s birthday party has become a million-dollar company as millennial parents don’t shy away from spending when it comes to making their children’s birthday special. If you listen to Dr. Vivek Bindra- the best motivational speaker in India & business coach to various large organisations and corporate sectors you will gain in-depth knowledge about starting your own business from the scratch.

4. Consultant

To become a consultant, you need to have expertise in something. Market yourself as an advisor to people who are looking to work in that area. For instance, if you have a good knowledge of digital marketing, you can become a consultant to a business that is looking to establish its presence online. With the expertise and experience that you have gained throughout the years, you can help others do similar things without repeating the same mistakes that you made along the way.

5. Editorial Services

If you have a knack for writing and editing, you can provide freelancing writing and editorial services right from your home. All you need to have is a good internet connection and a working laptop. Here is a list of services that you can offer to your clients:

a). Copyeditor- From checking facts to fixing grammatical, stylistic, and typographical errors, copyediting involves everything.

b). Proofreading- The last stop when a writing piece is finished. A proofreader ensures that all the changes have been implemented and no new errors are created in the process.

c). Ghost Writing- You can offer your services as a ghostwriter in which you will have to conduct all the research and write the book. However, someone else’s name would be attached to it as the author.

d). Copywriting- As a copywriter you will produce copies or taglines that promote a product or a service.

6. Event Planning

Love planning things out for your friends and family? You can become an event planner. One of the first things you are required to do is to visit the client’s location. Tour each site and learn what is available at each location that you can use to create an unforgettable event. You can speak to the client once you start planning things out to understand their expectations and requirements along with the key parameters that you need to work upon.

7. Interior Decorator

If you have done a professional course in interior designing then you can pursue your interest by looking for clients in your network. But if you have a natural talent to give even the smallest space an amazing makeover, you can start your business right from the comfort of your home. To get clients, you can market your services to building contractors. People purchasing new homes often find the process of decorating and organising overwhelming. So, you can take away their worries by offering your expert advice on decorating their interiors.

We are living in a world where people want to be their own boss and starting a startup business is the best way! So, why not try the business ideas that we have mentioned above? They are easy, risk-free, and require minimum investment. Which business idea do you like the most? Let us know in the comment section.

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialised courses, and value-added courses.

To know more, visit:  www.badabusiness.com

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Business motivation Motivational

5 Powerful Business Lessons Every Entrepreneur Should Learn!

5 Powerful Business Lessons Every Entrepreneur Should Learn
5 Powerful Business Lessons Every Entrepreneur Should Learn

Summary: Every startup has a unique journey and its share of dos and don’ts. So why not learn from them instead of making the same mistakes again?

Ravi started his first business at the age of 19. Though he had a knack for how to start a business, he lacked how to manage it. So, his business grew quickly with just five employees in three states. His revenue was good, and the business was running smoothly, but because he lacked how to manage a business, things got out of control in no time.

Five years into the business, Ravi was in INR 10,000,00 debt. His dream of entrepreneurship had turned into a nightmare.

So what is the moral of this story? You might know a lot of things, but still, there are a few things that young entrepreneurs need to know.

Entrepreneurship can be wonderful and a fulfilling journey if you build your business the right way. Here are five wonderful lessons that you might want to learn today:

1. Know Your Customers Well

Seth Godin said, “If you try to reach the whole world, you will end up reaching no one.” If you are a “jack of all trades,” you will have a tough time growing your business. Your efforts to grow your business and focus to work in that direction will be scattered.

Hence, it is very critical to know your customer in and out. The more specific you can get to who your ideal customer is the better. It will help you to figure out the best way to find more potential customers. You can also take guidance from the best business coach who can help you to understand the buyer’s persona.

2. Don’t Over Promise & Under Deliver

In the business world, if you promise your customers a miracle, you should deliver one. If you want to grow your business and sustain it in the long term, you have to be the kind of business that always keeps its promise. For startups, there are going to be limited initially on what you can do, but that’s ok. Focus on your strengths.

3. Stay Organized

Whether it is home or work, unorganized surroundings and way of work could be frustrating for everyone: your staff, your customers, and your mental health! Staying organized is important to keep your business running smoothly. A disorganized way of working will repel new customers from doing business with you in the future. To keep your business organized, start simplifying things. This will eliminate the clutter and keep your business operations organized. Find a business coach who can help you navigate the challenges that a startup has to face, initially.

4. Focus on things that will Help You Grow Your Business

One of the most important lessons, which is applicable not just at work, but also in every sphere of life is to manage your time. As an entrepreneur, it is very important to learn where to focus your time. Don`t get distracted by too much information that might appear shiny and bright. Instead, focus on what is essential for the growth of your business and apply it wherever it is necessary.

5. Get Over Failure & Setbacks Quickly

Whether it is Einstein, Thomas Edison or Steve Jobs, or any other successful entrepreneur, one common thing that they share is FAILURE. Entrepreneurs often hold back because of ‘Fear of Failure’.  However, the truth is that failures are momentary set-back and not business-ending events, which send you in the right direction. When you experience failure, you must know that it is not the end of the world. Brush off the dust and move on, determined to come back even stronger. You can also work along with a business coach who can help you spot your shortcomings and direct you to bounce back.

You can have a good idea, but to be the most successful entrepreneur you must know how to turn a good idea into a viable product or service for your business. You can give it all, but it is important to know that it takes time and feedback from your customers to get your best.

So don’t be that “I know it all” entrepreneur. Be open to new learning and stay curious to look at things from a different perspective. Learn these lessons and your business will thrive.

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses.

To know more about our courses, visit: www.badabusiness.com

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Business motivation

Top 4 Business Tips to Improve your Return On Investment

Top 4 Business Tips to Improve your Return On Investment
Top 4 Business Tips to Improve your Return On Investment

Summary: Finding ways to increase your business’ profits can be challenging. But with a little innovation and creativity, you may be able to move the needle substantially.

Every business analyzes its future by identifying past and potential financial returns. ROI or return on investment is a ratio of your company`s net profit compared to your financial investment in the business.

Many people often confuse this term with the profit margin. However, ROI is the financial return that you receive from spending money and not the profit received from the sale of goods and services. It helps the leaders to make informed decisions by kicking the guesswork out of the window. To know how you can increase the ROI of your business, you can attend Leadership Funnel Program 2.0 by Dr. Vivek Bindra.

Why is it Important?

The ability to calculate return on investment is crucial for every business, regardless of the company`s size or industry. A businessman is considered smart if he manages his expenses and monitors ROI regularly. Only businesses that can analyze ROI, survive in the long run.

So how can you improve your business`s ROI? How can you ensure that your business`s ROI is always increasing, no matter what?

Want to know which type of business model will give you high ROI? Watch it here.

Here are three ways that will help any business to receive higher ROI in every season:

1. Invest in High-performing Marketing Platforms

As part of their marketing strategies many companies often buy ads from Google and Facebook. But these platforms take a lot of initial investment before they could give you a significant return. If you want to increase your ROI without investing such a large amount, you should look for other platforms like YouTube and Instagram.

2. More Discounts Means Less Profit

Most often than not, many business owners purchase inventory from distributors and lend it to the market on credit. This technique only results in loss- loss of inventory and loss of return. Why? The reason is that you purchase the stock after making the payment in advance to the distributor. However, when you gave the stock on a credit basis with receiving the down payment, you will be deprived of the funds.

Hence, you will have to offer your stock or products at a discount that will eventually hit your profit margin. Always choose a business model where once you sell a product, you get your money back. You can become a franchisee of Bada Business to earn profits every week.

3. Choose a Business Plan with Zero Inventory Management

If you have a small business that stores goods in a warehouse, then managing inventory is an essential part of how you can control your stock. Inventory management is like storing ice. Once you have kept ice inside the warehouse, it will melt down into the water and will drown your profits under it, if you do not manage your stock smartly.

As the time of the stock increases, its shelf-life, as well as the price, begins to decrease. For instance, electronic devices and gadgets experience a price drop as soon as a new model with upgraded technology is launched. From perishable to non-perishable items, the value of stock starts decreasing if the goods stay in the warehouse for a longer duration.

Hence, it is best to order those goods that are popular and have numerous takers in the market. You can also pick a business plan that does not require you to stock up goods in a warehouse. To gain in-depth information from the experts, join India`s most powerful business training event ‘Leadership Funnel Program’ by Dr. Vivek Bindra. 

4. Margin

Whether you have a retail store, commodity business, mobile repair shop, or restaurant business, the profit margin is limited to 10%. However, the margin is not fixed and may be hit by external circumstances like an increase in cost, wastage of inventory, or expensive credit that can convert profit into a loss.

As an entrepreneur, you should always select a business model that returns high ROI. For instance, a Bada Business Franchise Partner enjoys a 20% to 50% of profit margin, without experience undercutting systems, with fixed prices.

If you are looking for simple and effective ways to improve ROI on your business, you should join LFP Bada Business. This event is designed to cater the modern-day entrepreneurs with practical solutions to business challenges.

To know more about our business training program, visit https://www.badabusiness.com/lfp?ref_code=SM&pp_code=BHBB000078

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Business motivation

5 Smart Tips To Increase Your Business Sales

5 Smart Tips To Increase Your Business Sales
5 Smart Tips To Increase Your Business Sales

Summary: Selling is a complex process and it is difficult to predict your customer behavior. Then how can you increase your business sales? Find out in this article.

Marketing is an integral part of every business because it’s not the best product that does well; it’s the best-seen product. This is why creating an excellent product or service is not enough. If you don’t have consumers coming for your business, you can’t increase sales.

The key to increasing sales is when you implement strategies that provide the visibility you are looking for. To master the ability to build effective strategies attend Leadership Funnel Program 2.0 by Dr. Vivek Bindra.

From small businesses to large businesses worldwide, everyone is struggling to boost their sales and has been chasing the holy grail of increased revenue and growing sales numbers. At some point, it’s the systems that allow you to scale your business in a way that doesn’t directly involve all of your time.

So, how can you ensure that the number of sales is always on top? What if you can increase your sales number without having to jump through hoops? What if you find a simple formula that will help you to increase your business sales?

Whether you are selling your products online or running a brick-and-mortar business, these sales strategies will help you increase sales:

1. Create Sales Funnel to Focus on Consumers

Shape your marketing strategies and communication around your customers. Create a sales funnel that will lead your customer from a place of simply being aware of you to a place where they are ready to make a transaction with you. It is an integral part of your cycle that will take your consumer through the sales cycle.

What most business owners miss here is that a customer is not interested to know about a product. They are more interested to know how it will make their lives more convenient.

By shifting the focus of the discussion to your customer`s pain points, you will come out with a more customer-oriented sales strategy.

Conduct research on the current challenges that your customers are facing then communicate in a creative way how your business can help them to overcome those challenges. Want to learn more? Be a part of India`s most powerful  ‘Leadership Funnel Program 2.0.’

2. Focus on Better Discovery Conversations

Most entrepreneurs often think that the goal of every discovery call is to close sales. But, it should not be like that. A discovery call should be looked at as an opportunity to analyze whether a potential client is a right fit for your company.

Be present with your clients and prospects with an attitude that you are available for any help. These questions and attitudes will help you focus on the outcomes of the other party and will eventually help you to build a solid relationship. You can also consult with the best business coach in India.

3. Show Up Where Your Customers Are

The internet gives a golden opportunity to businesses to be present in different ways and at various mediums where their potential customers are. You can use podcasts, videos, blogs, and many other formats to reach your potential customers. In other words, always ensure that your business is present everywhere where your customers are active.

4. Give Your Customers an Exclusive Experience

Treating your customers like a king can take your sales volume up, rapidly. It is very important for a customer to feel that their requirements and feedback will be taken seriously. They love it when a business owner remembers small details.

So, if a customer comes regularly to your café, remembering the amount of milk or the quantity of sugar he or she takes will make it special for them.

It is the feeling that brings a customer again to your store or café. According to a Forbes report on average, 7% of consumers expressed some level of frustration when their experience was impersonal.

If you are a shop owner, you can give your customers a personalized touch by greeting them with their names. This tip might appear simple, but it is very effective and will deliver big results. Want to know how to attract more customers? Attend ‘LFP 2.0’—India`s most powerful business training by Dr. Vivek Bindra.

5. Bringing Something New by Asking Your Customers

Change is a constant thing! It is essential to keep bringing innovation into your services and products. However, there is one thing that every business owner must do- take extensive feedback from your customers. Make your customers an integral part of the innovation by analyzing the ‘ABCDE Model’.

A-           Analyze the problems & needs of the customers

B-           Brainstorm what exactly your customer is looking for in your products.

C-           Co-create. Involve your customers when altering a range of products or services.

D-           Deliver what promised

E-           Evaluate

The model of ‘ABCDE’ is behind Subway`s success. They let their customers decide and select the ingredients of their meals. This way even if a sandwich doesn’t taste good, the customer doesn’t mind because of his involvement in the process.

With our above-mentioned tips, you will see your sales numbers increasing. If you want to make guaranteed progress in your sales numbers, attend our live event ‘Leadership Funnel Program 2.0’ by Dr. Vivek Bindra which will help you gain in-depth knowledge regarding the business world.

To know more about our event and its exclusive benefits, visit: https://www.badabusiness.com/lfp?ref_code=SM&pp_code=BHBB000078

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Business motivation

3 Key Tips To Create Ideal Buyer Personas For Your Brand

3 Key Tips To Create Ideal Buyer Personas For Your Brand
3 Key Tips To Create Ideal Buyer Personas For Your Brand

Summary: Want to connect with customers who are genuinely looking for your products?

Is it Ramesh who is the marketing manager in an MNC, Ravi from the sales department in a small store, Neeraj, who is a student, or Laxmi, who has just started her dream venture and looking for products and services to expand her business?

Do you know who your customers are? And if so, how well do you know them?

For any business, it is essential to know its target audience. If you don’t know who your customer is, you can’t expect your business to grow and sustain in the market. This is why making buyer personas are important.

A buyer persona is a semi-fictional representation of your ideal customer based on data and research. It not just gives you time to focus on qualified prospects but also guides product development according to your customers’ requirements.

A buyer’s persona just like a business coach helps you to understand your customers better.

This will help you to attract high-value visitors, leads, and customers to your businesses that are going to stay with you for a longer time.

“Okay, so personas are really important for my business. But……from where should I begin and how do I make one?”

Well, this is a million-dollar question. The good news is that it is not difficult to create one. It depends on your market research and customer data.

Here are some tips you must keep in your mind while creating an effective customer persona to grow your business:

1. Narrow Your List

The first thing when you are creating a buyer’s persona is to understand that only a small  niche of people represents a portion of your audience instead of everyone. Understanding this will give you a clear view and a good start. Once you acknowledge that there are distinct customers with unique requirements and goals, it will be easier for you to develop personas to match your visitors. Narrowing your list will help you understand who visits your website and why.

E.g. if you own an online pet store, you should only consider that segment of your audience who either are pet owners or live animals. They can be further divided into two groups- cat lovers and dog lovers.

If you are working with a business coach, you can take his guidance and support to create an actionable buyer’s persona.

2. Practice Social Observation

Social listening or observing is the process of observing what people are saying about your brand. This can give great insights inside a consumer’s mind to business owners and marketing teams. Read their responses on various platforms like Twitter, Facebook, and Instagram.

Track hashtags, mentions, and industry-related tags across all social media platforms. Use this information to get a glimpse into the mind of your customers. For instance, you get lots of appreciation on social media for fast delivery and great pricing. But they also mention that you do not have a great product that they would like to buy.

So if the request is within your territory, you can consider finding a way to resolve this challenge. Also, there is one thing you must remember—when building personas through social listening, you will have to learn to cut through some noise.

3. Review Feedback & Customer Support Tickets

Did you know that feedback, reviews, and even customer support tickets have the power to create customer identities? These days almost every business creates a feedback form that they present to new and old customers or website visitors. These forms cover various topics related to products or something broad, like the design and appearance of your website.

These forms can be a great way to learn about how customers feel about your brand. If someone takes the time to submit a feedback form, they are interested in seeing your business grow and succeed.

These tips can help you to understand your customer and build a persona based on their demographics. It will help you learn more about your target audience and improve your marketing efforts. You can hire a best business coach to help you navigate the challenges that many entrepreneurs face in the initial stage of their startups.

However, it’s worth noting that creating a buyer’s effective persona will take time and not happen. So, spend a considerable amount of time on social media, reviewing comments and forms on your site, and gathering information through emails and newsletters.

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses.  To know more about these courses, visit: www.badabusiness.com

Categories
Business motivation

5 Ways To Become Smarter At Managing Business Easily!

5 Ways To Become Smarter At Managing Business Easily!
5 Ways To Become Smarter At Managing Business Easily!

Summary: Learning is essential! Not just for students, but also for those who are treading on the path of entrepreneurship.

Many people believe entrepreneurship means doing a business. But that is not entirely true. Entrepreneurship is a journey that leads entrepreneurs to a place where they feel empowered to solve the problems of customers with their unique product ideas and creative solutions.

To continue this incredible cycle of coming up with solutions now and then, one has to do one thing- LEARN. To be successful not just in business, but also in personal life, one needs a nimble mind to think, understand, analyze and come up with a solution for the challenges. In short, if you are smart, you can succeed in life.

With practice, anyone can increase their knowledge base, sharpen their intellect and learn new skills. There are several ways through which you can work upon your cognitive skills and expand your mental capacity. You can watch this interactive video by the best motivational speaker in India- Dr. Vivek Bindra that will help you to decode the power of the mind : https://www.youtube.com/watch?v=icY6Q7gGeBA

Here are the five best ways to engage your mind and grow your intelligence that will help you to meet all your goals:

1. Read Everyday

If you have read our blog on the common habits of all the successful entrepreneurs in the world (Read Here), you must have noticed that all the leaders love to read.

Our mind is like a muscle, the more you use it the stronger it will get. Reading is an important element that helps to develop your mind. It helps you to discover new things and educate yourself on diverse topics. Words, both spoken and written, are the building blocks of our social existence. They provide a gateway through which you can go anywhere in the world.

2. Focus on Understanding More

True wisdom comes when you just don`t read, but also deeply understand a subject. The most successful business owners consistently outpace everyone else courtesy of their ability to learn new skills, adapt to changes, and work both as a team player and independently.

Start with the basics because knowledge is cumulative. Work consistently to steadily build a deep and meaningful knowledge base on key topics and issues. Be honest with yourself about areas you are weak in and seek to reinforce your understanding of important subjects until you have a rock-solid foundation that you can build on. The key to keep learning new things here is patience and persistence. You can also take help from a business motivational speaker or a business coach to gain in-depth knowledge related to your industry.

3. Stay Curious

Staying curious is the best way to discover and learn new things. Asking relevant questions is an essential factor in becoming smarter. It also increases the possibility of inventing new things. Imagine, we wouldn’t have known the concept of gravity if Newton was not curious about the apple falling on the ground.

Ask insightful questions that probe the validity of assumptions, analyze logic, explore the unknown, get to the heart of a matter and cultivate a willingness to push for answers. Don`t be afraid to seek clarification when something is not clear.

4. Bring Diversity to your Day

One of the best ways to sharpen your brain is to flex different areas of your brain. You are not going to get any smarter by repeating the same old thing every day. While having a routine is a great thing, staying stuck in it will not bring any fruitful results. By incorporating new things into your everyday life, you keep things fresh and interesting.

You can check out a new place for lunch, or go for a midday stroll in which you pay attention to the sights and sounds around you. You can also mix things up during working hours by simply finding new ways of doing your everyday tasks. If you will work with a business coach, you can learn new dimensions of business.

5. Keep Track of Your Ideas

When you build a knowledge base, you will find your mind expanding with new ideas. If you are filling your brain with great information, your mind will start interpreting that information in a new and useful way. You may feel great ideas coming your way. However, make sure that you are taking note of these ideas. Write them down, keep them handy and make sure you continue to refer back to them.

There are plenty of ways to boost your cognitive skills and expand your mental capacity. With practice, anyone can increase their knowledge base, sharpen their intellect and learn new skills. The more we learn and the more deeply we understand, the better we can improve our brain performance and increase our capacity to learn.

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses. To know more about this program, visit:  www.badabusiness.com.