Tag: Sales Strategies

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Startup

Launch A Successful Startup In These 7 Effective Steps

Launch A Successful Startup In These 7 Effective Steps
Launch A Successful Startup In These 7 Effective Steps

Everyone has ideas! While some of them are worth executing, others are probably not so good. And this difference defines the gap between successful startups and the startups that fall flat. But part of living and working in this world is to learn from your own mistakes and others.

You get the chance to see what differentiates successful companies from failed lot. And if you can observe closely, you can learn from others without making the same blunders yourself. Some entrepreneurs choose to consult a business coach, while others choose to learn from their mistakes.

But before we begin to discuss the factors that are crucial for the success of the startup, let’s discuss what it takes to start a successful startup:

a). A Great Idea- The paramount thing which is crucial to building a startup is having a great idea. Without a great idea, your startup will have a very difficult time growing. Along with that a thoughtful business plan and product are also necessary.

b). Passion- Passion can encourage you to conquer greater heights without feeling tired.  If you are not passionate about the business or the product, it will be very difficult to stick with it when the water is rough.

c). Persistence- Even established organizations face challenges. Hence, it is important to be persistent and never give up when it comes to your dreams.

So here are 7 tips on how to start a startup and succeed at it:

1. Build a Product that Resolves a Problem

Innovative, creative, exciting, and imaginative- your product can have all these factors and yet fail to attract customers if it does not resolve any problem that the customers are facing. The most crucial measure of success is the real need for the market that you are trying to serve. The best companies are the ones that meet the requirements of your customers.

2. Have a Business Plan in Place

Before starting a startup, you will need a solid business plan in place. A well-researched business plan is a very important and strategic tool for entrepreneurs. A good business plan not only helps entrepreneurs to know where they are going but also helps them to focus on what is important. It also helps them to achieve short-term and long-term objectives.

Here are five key steps to writing a successful business plan:

a). Describe your target market.

b). Define your business goals.

c). Explain your product or service

d). Create specific marketing and sales strategies.

e). Note down your financial projections & detail the funding.

f). Summarize your overall strategy.

3. Find the Mentors You Need

Once you have established the foundation of your business, you will need professional guidance and expertise to help you navigate the entrepreneurial labyrinth. Don’t be afraid to ask people to help you. You can also work along with the business motivational coach to gain in-depth knowledge and information about your business.

4. Put the Right Team in Place

The vision for your ultimate goal may be yours, but you will need help from others too to get there. To attain your short-term and long-term goals for your business, you will need to surround yourself with the right people who will understand your vision and fit into the culture and mindset of your company.

5. Develop a Roadmap

If you want to go beyond a plan and want to turn your goals into reality, you will need a roadmap. Laying out the roadmap will help you to avoid any unnecessary diversions and distractions.

6. Establish Your Expertise

Writing and speaking about your particular area of expertise is a great way to get your name out there and establish your bona fides.

7. Build Relationships

The success of the business depends not just on what you do, but also on who you know. The key to developing relationships and growing your network is to keep it two-sided and give as much as you receive from others.

Apply these seven tips when you are planning to start a startup of your own. With persistence and determination, you can achieve your business goals. 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: www.badabusiness.com

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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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Sales

These 5 Best Sales Secrets Will Boost Your Profits

These 5 Best Sales Secrets Will Boost Your Profits
These 5 Best Sales Secrets Will Boost Your Profits

Selling is an art and it has its secrets. Want to increase your business sales? Read this article till the end.

Be it a service or a product, we all are selling solutions. It generally requires interaction with someone or something.

Given the increase in competition across all the startup ecosystems, entrepreneurs can be seen fighting for their market share. So, given the cut-throat competition, what is the unique idea that will make you stand out? How can you shine without going out of your budget and still thrive?

Here are five sales secrets that will increase your profits and boost your business:

1. Your Customer Is a Human Being

Well, this should not come as a surprise! However, many businesses often forget this absolute fact. Humans buy from other humans. So, while you may work for your own company, you are its face, and you will have the first experience of being a sales lead.

Many people often forget about their customers, and only when they work with a business motivational speaker do they realise that keeping customers in mind is vital for business growth. So when you are making sales strategies, always remember that human relationships are the first and most important element. It not only help you to increase sales, but also boost profit.

2. Be Curious, Ask Questions

It is very important to ask questions. The only catch is to ask the right one! You may have a great product or a great service, but why should a customer purchase that product from you? What are the unique features that you are offering? Why should a customer not purchase it from your competitor? This will provide you with insight and help you understand the client’s requirements. Building a relationship with your customers is essential to ensure that your products and services are relevant to them. It will encourage them to purchase your products and eventually increase your revenue.

3. Recognize Your Product

Product knowledge is the key! You can only sell what you understand completely. If you are selling a software platform, you should know what problems it is solving. Do you know your products and toolsets well enough to give your customers the solution they are looking for?

Knowing your customers as well as your products is so important. It is a crucial part of the sales process. You need to be passionate about your product as well. If you buy your product and believe in it, it will undoubtedly show in your conversation with your customer.

4. Get in-depth industry knowledge.

Always keep industry knowledge ready! You should know how your competitors are performing and what they are offering to your target customers. While relationships are crucial, so is the value you bring, especially if you know your client is researching their options. You can hire the best corporate trainer to understand the industry norms and help you come up with strategies according to your target audience.

5. Follow Through

Last but not least, don’t forget to follow up! Selling your great product to clients is awesome. But you know what creates the long-lasting effect? Clients want to feel the same enthusiasm and interest that they received before they made a business transaction with you.

This simple gesture will not only ensure the client’s loyalty but also help to upsell in the future. It will also create great feedback and potentially word-of-mouth advertising for your solutions.

In short, place your customers at the centre of your sales. Your sales efforts will bring great results if you have a genuine interest in their requirements.

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 find out more about our courses, visit: http://www.badabusiness.com/.

Categories
Strategy

Top 6 Strategies To Craft Catchy Headlines By Dr. Vivek Bindra

Top 6 Strategies To Craft Catchy Headlines By Dr. Vivek Bindra
Top 6 Strategies To Craft Catchy Headlines By Dr. Vivek Bindra

The headline is a significant aspect of your advertisement, sales letter, space ad, or email marketing. You can have the best product or the best service, but it does not matter if the reader doesn’t get past the headline.

Have you ever come across a headline and couldn’t figure out which product was being sold? Or spotted a tagline in an email that was longer than the subject line? Or has it ever happened with you that a random tagline caught your attention and you ended up loving it so much that you shared it amongst your peers?

Taglines or headlines are often overcomplicated and underwhelming. And, changing the headline can make a huge difference in your customer`s response rate.

According to Copy blogger, “On average, 8 out of 10 people will read headline copy, but only 2 out of 10 will read the rest.”

Catchy headlines hold the power to grasp your attention and determine the effectiveness of the entire piece. If you can come up with a good headline, you can make an award-winning advertisement.

You can discover some awesome strategies in this award-winning video by Dr. Vivek Bindra.

Here are 5 Tips to ensure that your audience turns into your customers:

1. Name-Dropping Authority

No matter how deeply you have researched before writing a headline, your customers will not trust you. To showcase authority, it is always advised to use names of famous personalities, and associations that are a proven authority in a particular field.

For instance, if you have the business of selling medical supplies, and writing an article related to it, you can use reports published by credible sources like Indian Medical Association, World Health Organization.

If you will create authority via your headlines, you will gain more visitors.

2. Lead with a Key Benefit or Intriguing Question

Always put your biggest benefit in the headline. This does not mean that you should put your entire sales pitch, but only the biggest benefit for your readers. Your headline should be so compelling that the readers have to stop and feel that there is something of value to them.

Give them hope, a promise, achievement, and confidence. For instance taglines of brands like L`Oreal- ‘You Are Worth It’ creates an experience of achievement in the customers. This instills confidence in their target audience and they keep coming back for that special sense of achievement.

3. Make Your Message Exclusive for a Community

If you have subscribed to Dr. Vivek Bindra`s YouTube channel, you might have noticed that many videos are based on a particular community. When you write a headline inclusive for only a special group of people, readers see that they fit into the group, and think that this particular ad, blog, or article is for them.

Here are some examples:

  • A video-based on small business owners from Madhya Pradesh
  • This video showcases the brilliant business skills of Marwari People
  • Explaining the concept of MLM marketing
  • YouTube v/s TikTok

4. Create Headlines With Extreme Unusual Emotion

The major reason behind any successful advertisement is its ability to strike the right emotional chord of the customer. If a customer can feel the “me too” emotion instantly while watching the ad or as soon as he reads the headline of an article, rest assured that he will watch the entire advertisement. It will also attract visitors to your website resulting in increased conversion rates.

5. A headline that Rhymes, Definitely Shines

Many brands have compelling headlines. Customers remember headlines far longer than the product itself. But it helps to create a recall value of the brand.

6. Include Adjectives & Numerical

According to KISSmetrics, “readers tend to absorb the first three words of a headline and the last three words.” But how often do we write six-word headlines? Hence, to make it more enticing, always include an adjective and a number in the title.

  • E.g. Top 10 Influential People who Failed Miserably
  • 5 Worst Mistakes Entrepreneurs Should Avoid
  • 7 Billion Dollar Sales Strategies for Startup Business

If you are dying to create an award-winning advertisement or want to create a blog post that attracts visitors in huge numbers, then you can use the six ultimate strategies mentioned above. For more strategies, you can watch this excellent YouTube video by Dr. Vivek Bindra.

If you are an entrepreneur and struggling with business challenges, you can take our Business Coaching Program where you can learn from the top industry experts with hand-holding support.

Categories
Business motivation

3 Brilliant Tips that will Skyrocket your Business Sales Quickly

increase sales
सेल्स

Are you looking to increase the volume of sales in your business? Do you want to know how you can retain your existing customers and create new ones for a lifetime? Do you want to learn how to increase sales? Then you have come to the right place!

Selling can be challenging. And, the irony of life is that it is the only way to skyrocket the sales of your business.  Selling is a complex process. Why? Because human behavior is unpredictable.

A small business owner needs to generate revenue to maintain a healthy cash flow. Entrepreneurs who have just started their new venture often struggle to win customers, and that ultimately pushes their sales downhill.

So, how can you ensure that the number of sales is always on top? By using our amazing tips to increase your sales. Whether you are selling your products online or run a brick-and-mortar business, our sales strategies will help you convert casual visits into sales:

Keep your Customer in the Focus

You have made a product with lots of features and you can`t wait to talk about it. However, what most of the 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 on your customer`s pain points, you will come out with a more customer-oriented sales strategy.

Create a personalized experience for your customers

Treating your customers like king can take your sales volume up, rapidly. It is very important for a customer to feel that their requirements and feedbacks 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.

Involve your Customers While Bringing Innovation

Change is the 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’.

  • Analyze the problems & needs of the customers
  • Brainstorm what exactly your customer looking for in your products.
  • Co-create. Involve your customers when altering a range of products or services.
  • Deliver what promised
  • Evaluate

The model of ‘ABCDE’ is behind Subway`s success. They let their customer 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.

A curve in growth is what every businessman dreams about. So follow our above-mentioned tips and see your sales numbers increasing. With our Problem Solving Courses, you can learn about the best sales strategy with zero investment.

Learn to generate high revenue earning products for sales, generating payment links for customers, managing account-related details. Solve your problems in just one click: https://www.badabusiness.com/psc?ref_code=ArticlesLeads

 

Categories
Business motivation

4 Top Business Tips for Kirana Store Owners to Increase their Profits

dhanlaxmi kirana store

A kirana store is the backbone of the Indian grocery market and has proved extremely beneficial during the pandemic. A kirana store is like a departmental store that caters to the need of the daily essentials of people. A kirana store is mostly present in every corner of the street.

During a pandemic when almost every business was struggling for its survival, kirana stores saved the day by maintaining a near-steady supply of daily essentials. Not only it has displayed the significance of these stores across the country, but also encouraged the trust of customers to post the lockdown period.

According to The Hindu, there are around 12 million neighborhood kirana stores that dominate the domestic grocery retailing landscape of India with a 90% market share. During the pandemic, they have emerged as heroes, with people depending on them to procure daily essentials.

Kirana stores will remain evergreen as most of the people in India still rely on their local grocery stores for essential needs.

So, if you are planning to open a Kirana store, or already have one, 2021 can open a store of opportunities for you. Here is a list of 5 business mantras for the Kirana shop owners that will help to increase profits:

  1. Go Digital, Go Online

Though the lockdown restrictions are lifted, people are still unsure about going on. Almost everyone prefers digital transactions as they do not want to expose themselves to the virus. Today, when everything is available online, taking your kirana store online can be profitable.

The online Kirana store is not a new concept. Many kirana store owners have started selling their products online. Taking their kirana store online provides a wide exposure and helps to boost sales as it allows customers to place orders remotely.

  1. Operate on Weekends

Most of the kirana stores remain closed on weekends. This is a perfect opportunity for you to attract customers and improve your sales. While other shopkeepers would be busy sleeping or enjoying their weekends, you can boost your sales.

  1. Design a Website

To gain more customers, you can also list your Kirana store on various online shopping websites like Amazon and Flipkart. You can easily register your store online, and if anyone purchases a product, you can parcel the same to them.

Apart from listing yourself with giant sellers like Amazon, you can also create a website online. This will give your regular customers the convenience of ordering from the comfort of your home.

  1. Improve Customer Engagement

Customer engagement is the key to higher sales. And, building a relationship with customers ensures that they do not go to your market competitors. Talk to your customers nicely, and give them a unique experience so that they come to only your shop. You can also offer discounts on various products, as it is the best way to attract customers.

Understanding your customers is important in any business. If you are the owner of a kirana store the above-mentioned tips will help you to boost sales. You can also upgrade your kirana store into a departmental store with zero to low investment with our Everything about Entrepreneurship course.

Learn brilliant business strategies that are used by popular brands to increase their sales. Want to know more about this course? Click here: https://www.badabusiness.com/?ref_code=ArticlesLeads

Categories
Sales

5 Billion Dollar Sales Strategies that will Boost Business Sales!

Billion Dollar Sales Strategies

The world of marketing has become quite competitive, especially for small businesses that are still in the early stages.

Believing that you have the ultimate skills to sell anything to anybody is a market trap you must avoid. Instead, identify your ideal customers and their urgent problems and you will find it easier to sell your products and services.

Selling can be challenging. It is quite a complex process with no shortcuts, as you have to deal with real people. Having the right sales strategy can make a huge difference to your startup business.


From identifying the profitable niche markets to perfecting your email marketing outreach, knowing how to hit the right chord is extremely important for an entrepreneur to grow a business.

Effective sales techniques do not have to be a gimmick. Instead, they are the simplest ones because they are based on customer behavior. Here are 5 powerful sales techniques that will get your customers to buy your services & products:

  1. Ask the Right Question

First off, do not try to sell. Instead, try to ask the right questions to know your customers and the areas that can be improved upon. Try to know the urgent problems your customers are facing and based on those answers, offer a value that is relevant to the services and products you are representing.

  1. Focus on Customer Goals

If your sales technique does not offer anything that can resolve the customer`s burning problem, it won`t work. Sales gimmicks do not work in the long run as human beings do not like to be manipulated.

So keep the customer`s vision and goals at the core and then try to provide an apt solution. This technique works almost all the time.

  1. Add Real Value

Nobody wants to spend their money on a product or a service that does not offer real value. Hence, always demonstrate that you are providing meaningful value to your potential customers.

If the value outweighs the cost, he or she is likely to purchase the product from you. Focus on providing tangible values to your customers and your customers will be more than happy to buy your products.

  1. Articulate End Results

People don’t buy just products or services, they buy results. Once you have caught their attention with what they will be able to achieve by using your product, it is now your role to explain the benefits. This sales strategy is relevant especially if you are selling a product or a service. Combine it with a hidden command approach and you are ready to roll!

  1. Create Urgency

If you have a business that sells products, this technique can be beneficial for you. Create hype among the customers by using the takeaway close approach. As most people have a fear of missing out on something trendy, pressure sales techniques can help to create urgency. This will make your products desirable.

How you sell yourself is quite different than how you market yourself. A right and spot-on sales technique can be an incredible boon for your business`s net income.

If you too are experiencing a drop in your sales, you can learn powerful sales techniques with our Problem Solving Courses. Gain deep insights and knowledge from top industry experts about sales techniques that will help you grow your business.

To get exclusive offers and details about Problem Solving Course, click here: https://www.badabusiness.com/psc?ref_code=ArticlesLeads.