5 Excellent tips on Doubling your Sales this Year

Do you want to double your sales?

Of course, you do. Every organisation does. A boost in sales provides all sorts of benefits. You’ll increase your revenue, which usually means you see a boost in profits. You can then use this extra money to grow the organisation, which should lead to even more sales and even higher profitability.

Find New Customers

So what’s the first one? The first thing is we have to get out and meet new people. One of the strategies is that we have to have our marketing focused on benefits. What are we doing for the customer? Remember, they only listen to that one radio station, WIIFM (what’s in it for me). So we need to have benefits-focused marketing, so that we can attract the most new people to the business. Source: businesstown

Build a revenue ladder

Unless you launch a killer new product, it is unlikely that you can double your revenue based upon a single offering. Get to work and brainstorm. Effective entrepreneurs know that the key to revenue growth is to get that revenue coming in from multiple streams. You build your revenue ladder one step at time based on the idea of growing multiple revenue sources simultaneously. Source: entrepreneur

Stay Visible and Connected

Accreditations, licenses, and certifications—for your business or individual employees—can set you apart from your competition. Take your reputation online, using social media, your website, and a blog to connect with clients and make strategic alliances.

Use advertisement sharing with complementary businesses, find ways to leverage referral selling and take advantage of affiliate marketing tools to drive new customers to your site. Eliminate stale, ineffective alliances that may be dragging you down. Source: thebalancesmb

Eliminate Costly Services and Activities

Many companies get into a routine or rhythm of offering expensive services to their customers that they could easily discontinue with no loss of customer satisfaction.

Look at the little services that you offer to your customers. Is there anything that you could reduce or discontinue altogether? Source: briantracy

Get Better Leads

Getting more leads may seem like the secret to doubling your business growth. After all, if you get twice as many leads, shouldn’t that mean twice as many sales? Not necessarily. For instance, if your marketing agency targets midsize businesses as clients, getting lots of leads from small businesses won’t do you much good.

The real secret to doubling your business is focusing on attracting leads that fit your target customer profile. These leads are more likely to convert to customers, making them more valuable and more profitable. Source: fundbox