Newyear is generally believed to bring big changes and opportunities, for sharp and forward-thinking entrepreneurs. And what exactly are those opportunities? We have asked a few people to offer their best predictions on where their business is going, and where you wish it to go in the future. Have a look at what the blog has to say.
Updating your website: Your website is generally considered to be one of the most important sales tools that people are looking out for especially on mobile.
So as a marketer you need to make sure that your website is simple and engaging enough for your customers on mobile phones. It is one of the other ways of looking at how responsive your website is. Have videos included and check out on Google Analytics which page is grabbing more attention of the viewers.
Begin by defining your goal: Every company has a different situation to deal with. Some aim to sell their business off in the next few years, whereas some continue to grow their long term value of the company. In short different objectives naturally will call off for different plans.
Updating yourself: Technology has always been changing the game. Therefore if you really wish to gain some success in 2018, you will then have to make sure that you keep your self-updated with technology. Maybe you might be aware of the fact that you need to upgrade your email marketing tool or the sale funnel etc.
Doing your homework: A good plan generally requires different kinds of data like the sales cost and other financial figures. It will also requires a detailed probability of different customers, along with their products and services. You can also have trend lines showing an example of gross margin and SG and A as a percentage of their revenue.
Making your money work hard for you: We all have come across this piece of advice to do what you love to do and money will follow you. Many business owners take care of animals, baking, designing websites, styling hairs, etc.
But the reality is that your financials will break your business and you will have to understand them thoroughly. And by knowing what’s coming in and what’s going out, you can then make better decisions when it comes to hiring, inventory, expansion and more.
Building your team: No one can build a business of their own. Even those who are soloprenuers do have contractors whom they hire. The reason behind this is that each and everything cannot be done by ourselves. So if you wish to have success in 2018 and life in general then get the habit of having a team and asking them for help.
Begin seeing yourself as an expert: Regardless of what kind of business you have, if you really wish to see success in 2018 then it’s really important that you see yourself as an expert.
For example, a freelancer is paid for the skills whereas an expert is paid for having the right knowledge. In the same way take a guess of who makes more money, having multiple streams of income. It’s the person who sees himself as an expert.
So do you have more key suggestions for a better 2018. Do leave your comments in the section given below.
About the Author
Gurpreet is a content marketer, a writer by day and reader by night. She loves to keep her self-updated about the Indian film industry as well as the upcoming movies of Salman khan, stories, gossips as far as there is some information inside. You can connect with me at upcoming cinemas to stay connected with the Bollywood world.