00:41
Faizan
The month of August has been known as AuGhost in the business world. This is the time of the year when most businesses experience sales losses for several reasons. Based on the recent survey, one of the main reasons why some retail industries suffer from so-called "AuGhost Crisis" is the increased price of stocks over the dropping numbers of customer.
Honestly speaking, it is not surprising to know that the costs or values of commodities have increased. Why? Surely, suppliers also feel the changes happening in their sales and stocks sheet. If you are a retail business owner, what do you think is the best way to address this dilemma? If you haven't done any actions yet, then this article might help you and your business go back up again.
Advertise more. There are various ways to advertise your business. Social media, is indeed, one of the best advertising tools we have today, particularly Facebook, Twitter, and Instagram where you can post pictures. Just set up your page, filter your target market, and share. You may also want to advertise your business in the old fashioned ways using printed flyers and brochures.
If you are to advertise your business, whether it will be online or not, it is highly recommended to use your own photos and introduction pitch. Make sure to use proper but catchy words to draw the customers' attention.
Go on a clearance sale. You might probably have some items sitting in your stockroom for many weeks now. Those items' value might have decreased over the time and selling them on a lesser amount will be wiser than just letting them collect dust and mites.
Use different types of marketing strategies. Other than advertising, you might also be interested in email and phone marketing. If you don't have a list of emails and phone numbers of your previous customers, then you may try scrubbing the net and try sending them a discount card or list of your discounted items which they might be interested with.
Honestly speaking, it is not surprising to know that the costs or values of commodities have increased. Why? Surely, suppliers also feel the changes happening in their sales and stocks sheet. If you are a retail business owner, what do you think is the best way to address this dilemma? If you haven't done any actions yet, then this article might help you and your business go back up again.
Advertise more. There are various ways to advertise your business. Social media, is indeed, one of the best advertising tools we have today, particularly Facebook, Twitter, and Instagram where you can post pictures. Just set up your page, filter your target market, and share. You may also want to advertise your business in the old fashioned ways using printed flyers and brochures.
If you are to advertise your business, whether it will be online or not, it is highly recommended to use your own photos and introduction pitch. Make sure to use proper but catchy words to draw the customers' attention.
Go on a clearance sale. You might probably have some items sitting in your stockroom for many weeks now. Those items' value might have decreased over the time and selling them on a lesser amount will be wiser than just letting them collect dust and mites.
Use different types of marketing strategies. Other than advertising, you might also be interested in email and phone marketing. If you don't have a list of emails and phone numbers of your previous customers, then you may try scrubbing the net and try sending them a discount card or list of your discounted items which they might be interested with.
Posted in: business
