As difficult as it is to imagine now, the crisis will end and each of us will move forward to a post-pandemic life. Whether it happens sometime in 2021 or perhaps early 2022, we will reach a point in the United States where the Coronavirus no longer impacts every aspect of your business. While there …
Many new businesses start as one-person operations. As the owner/proprietor, you have complete control over all aspects of the company, while minimizing initial cost outlays. If your goal is to continue to expand the size and scope of the company, a time will come when you need help. Hiring your first employee is exciting because …
Living in the digital age means that we have a wealth of information at our fingertips. You can go online to find everything from how to make the perfect roast to how to file your taxes. While consulting the internet can be helpful in many areas, there are those in which you really need to …
Many small businesses place the vast majority of their focus on customer acquisition, the process of obtaining new customers for your product or service. It is important to keep in mind what many large companies have come to know all too well. It is much cheaper to retain a customer than to acquire a new …
When you ask business owners about the products that they offer, they are quick to list off all of their various offerings from tangible products, to subscriptions, and services. One thing that is almost always left off of the list is the company itself. Entrepreneurs and business owners must be very mindful that their company …
By now, you have lived in the world of COVID long enough to recognize the reality of the times. You have probably had to make some very tough decisions and looked at taking advantage of places where COVID has presented business opportunities. It is important to create repetitive frameworks and processes to make sure you …
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Of all the marketing metrics you have at your disposal, customer lifetime value or CLTV, is one of the most useful. CLTV refers to the amount of money an individual will bring to your brand during their lifetime as a paying customer. Rather than offering a generalized idea of customer’s shopping and purchasing habits, calculating …
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Small business owners work hard at building their businesses, putting in long hours, and wearing a lot of different hats as they fill whatever role is necessary to move their venture forward. In order to be successful, a business needs a lot of ingredients and a whole lot of things need to be done right …
As the owner of an e-commerce business, you are likely working to grow your market share by attracting more traffic to your website. Considering the huge and ever-growing number of companies offering goods and services online these days, getting consumers to land on your site is an important part of marketing. There is another, effective …
Despite the continuously growing number of tools for marketing your business, such as video, artificial intelligence, virtual reality, email marketing remains one of the most effective arrows in your quiver when it comes to growing your business. In fact, email marketing continues to deliver some of the best ROIs of any of the digital marketing channels. In …
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