Cherry Creek business owners are enjoying the benefits of being based in a “magnet for commercial activity” according to the Denver Business Journal.
However, they are not immune to the challenges that all small business owners face across the country, namely generating enough customers, clients, and patients to sustain growth and planning for profitability.
Cherry Creek health providers, advisors, restaurateurs, practice owners, shop owners, and office owners can all benefit from proven, effective marketing strategies that produce real results.
Here are a few key strategies that all businesses should adopt in order to grow revenue:
- Tip #1 – ensure your business has a Market Dominating Position statement. For example, Domino’s Pizza built a billion dollar empire on one sentence: hot, fresh pizza delivered in 30 minutes or less. Guaranteed. What is the valuable advantage your company has over your competition that your customers, clients, or patients care about?
- Tip #2- price your products and service for profit, not based on what the competition is charging. Use bundled pricing strategies to offer more value. Today’s savvy consumer is looking for the best value. Value doesn’t mean that they’re looking for the cheapest price. Packaging products and services together to provide more value is a powerful way to sell more without discounting.
- Tip #3- as the business owner, make marketing your #1 responsibility. Don’t fall for the trap of working “in” the business, and not “on” the business. Many entrepreneurs suffer from burnout and stress from juggling it all. But the most important priority for any business owner to focus on is where the next customer, client, or patient is going to come from.
Facts are facts. If Cherry Creek business owners are going to thrive, more education and empowerment around how to drive revenue is needed.Yes! Send me a free business building gift for free!