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30 Strategies For Business Growth in Tough Times.

Q12. How Do I Grow My Business in a Challenging Economy?

At the time of this writing, the economy is going through a contraction. If you are seeking to grow your business in spite of all odds, you are not alone. I paused to brainstorm everything I am doing now to keep growing my business. Here are the strategies I am applying. I hope they inspire you to gain more traction and growth in your business. You are not alone.

Part 1:

  1. Start with a problem over an idea.

  2. Be quick to listen and move quickly on to customer feedback.

  3. Apply personal touch.

  4. Organize your contacts with a CRM.

  5. Establish an email frequency.

  6. Provide educational content.

  7. Inspire loyalty by starting a loyalty, affiliate and referral program.

  8. Add subscriptions to your business model.

  9. Improve your response time and delivery time.

  10. Deliver value at varying price points.

  11. Start live demos or videos.

  12. Optimize your website for customer experience.

  13. Build a community around your product or service.

  14. Leverage apps and AI for productivity.

  15. Seek out collaborations and partnerships to help you extend your reach.

Part 2:

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