Tag: New Year 2021

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Business motivation

4 New Year Resolutions for Solopreneurs to Succeed in 2021

new year resolution for solopreneur

Small businesses need to grow and evolve constantly. Though 2020 was extremely challenging for solopreneurs, the New Year 2021 is the perfect time to make business resolutions. Consider these new resolutions as goals to accomplish that will help you revive your business.
Setting up business resolutions gives Solopreneurs a chance to evaluate where they are lacking and how they can improve in the coming year. Here are 4 New Year resolutions for Solopreneurs that will prove beneficial for their business in the long run:

 

Upskill Yourself!

With constant technological development in the world, it is essential to keep yourself updated and upgraded with the market. Being a Solopreneur can be difficult at times due to lack-of-staff and professional expertise related to a particular field. New Year can be a perfect time to learn something new that will prove helpful in taking your business next level. Go for an online business training course and learn something valuable!

Improve Customer Service

Providing outstanding customer assistance is essential for every successful business. Most of the customers have come to expect 24×7 customer service in recent years. While you may be providing excellent customer service, it is essential to work on ways to improve. This will increase customer satisfaction and will bring in more business.

Boost your Marketing Efforts

With Digital Marketing taking the wheel, the marketing trends have changed, completely. If you do not keep up with the changing trends and change your marketing strategy accordingly, you won`t be able to capture the attention of your customers. Learn the new social media strategy to build your online presence and analyze what works for your business and what does not.

Experience over Product

A customer is not looking for a new product, but an exceptional story related to your product that they can share with people. Always weave a story around your product that will make a connection with your customer. A unique product experience will help you generate loyal customers that will keep coming back for more.

Try to interact with your customers by responding to their queries on your page. Include personal notes and leave comments on their posts to create a personal relationship with your existing and potential customers.

Being a Solopreneur can be hard in the absence of a personalized business and growth strategy. However, with Bada Business, you can get all your problems and confusion resolved with fund-raising, Digital Marketing, Time Management, Passive Income, Business Automation, and other online problems solving courses.

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Categories
Marketing

7 Powerful Marketing Ideas to Boost your Business in 2021

marketing ideas

The unexpected turn-out of events, involving COVID-19 is making both consumers and businesses face a new reality. As the consumers are shifting to digital platforms, taking the right action, and finding the right message that can connect your brand with the customers can be challenging.

A Gartner report suggests that ‘comfort and security are two aspects that consumer is looking for to create a protected environment for themselves and their families.’ Every ad campaign, message, and channel must evoke a feeling that will make customers buy your product.

If you are looking to revive your business in 2021, here are the best New Year Marketing Ideas to help you achieve your profit goals:

 

  1. Make a World Class Website- With the entire world shifting to digital platforms; creating a website with neat & clean design will attract customers in great numbers. Use a white background and keep the interface simple so that customers can find what they are looking for in one glance. Do not forget to mention Call-to-action!

 

  1. Track Customer`s Buying Behaviour- Consumers have become more aware and careful about where they spend their money. Hence, track what triggers them to click on your website, old patterns of purchasing, issues your customers are facing, and what makes them go to your competitor`s website. Your marketing Ideas for New Year should be based on the analysis of your customer`s data.

 

  1. Anticipatory Content- Create good content that will solve your customer`s problem. From infographics to videos, create content that is short, crisp, and sends out a clear message.

 

  1. Shift to Inbound Marketing- Ditch old & traditional marketing methods and switch to Inbound marketing. Invest in content marketing, blogging, SEO, Social Media, and PPC marketing that will improve your brand awareness. This Marketing idea will help your product reach the right customer.

 

  1. Build Your Database- The most valuable thing in today`s world is ‘database’. Collect your consumer`s details like e-mail addresses, contact numbers, interests, and their buying behavior to create personas. Build a database of your existing and prospective buyers. Invest in good CRM software and it will help you increase your sales.

 

  1. Renew your Old Data- Build new relationships with your old customers. Follow up with them but not to pitch your product, but to cultivate a relationship with them by using the 40-20-40 rule.

 

Your 40% focus should be on maintaining a relationship, while 20% should be about selling your product, and 40% on building a relationship. Whether you are an entrepreneur or wantrepreneur, following this New Year Marketing Idea can help you grow your business.

 

  1. Story Telling for Recall- Create a brand`s story that a customer will remember for a long time. A good story that creates a delightful experience in a customer`s mind will help him/her to remember your product or brand. This will help you to build customer loyalty.

New Year Marketing Ideas mentioned above will help you to outreach your customers in a more efficient way.

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Categories
Startup

5 Effective Online Marketing Strategies For Your Bakery Business Ahead of Christmas 2020 & New Year 2021

Bakery
Bakery (Photo Credits: Twitter)

Mumbai, December 21: Christmas 2020 and New Year 2021 is just a few days down the line and the craving for cakes, and pastries are on the rise. If you are in the bakery business, this is the time, when you should focus on your marketing game.

Amid the coronavirus pandemic, like all the festivals, this year, Christmas and New Year is also expected to be a muted affair. However, this won’t stop people from ordering cakes online and having them at home with their loved ones.

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Here are a few effective marketing strategies which you can keep in mind to promote your bakery business.

    1. Make frequent updates on social media: With the help of platforms like Instagram and Facebook, you should frequently update your page with offers, promotional incentives or the menu which you will have for Christmas or ahead of New Year 2021.
    2. Upload good photos: Click good photos of the bakery items. They should be enticing enough for the people to order. Share special stories about the item which you are baking. Add a special note, reading which people may feel connected. Play on their emotion and ride on nostalgia by weaving exciting stories
    3. Share positive reviews of your clients: Share positive reviews by your clients. This will give faith to other customers who have been thinking or hesitating to order from your site.
    4. Make yourself reachable: If you have a shop, then make sure that the location and the how-to reach options are updated on social media pages or on Google. Reply immediately to customers having queries on social media. Update your number and be reachable.
    5. Run promotional offers: Make the customers feel special and loved. You can always run some promotional offers, without hurting your profit. For e.g. ‘Order 1 Kg cake and get 2 cake cakes free this Christmas’.

      We hope these marketing tips come in handy for your business ahead of Christmas 2020 and New Year.

 

Categories
Strategy

Year End Sales Promotion: 5 Strategies to Increase Your Sales As We Say Goodbye to 2020

Promotional strategies to enhance year-end sales| Representative Image (Photo Credits: Pixabay)
Promotional strategies to enhance year-end sales| Representative Image (Photo Credits: Pixabay)

The year 2020 has been quite rough on businesses with the COVID-19 outbreak and subsequent lockdown may firms found it hard to stay afloat and cover up their daily costs. However, the good news is the troubled year is ending soon. The year-end doubled with Christmas celebration and holidays is a gold period of businesses. This is the right time to attract as many customers as possible and make up for the lost sales. Various firms launch many offers to promote their businesses at this time. The market is filled with high-spirited customers who are willing to spend enough providing a perfect opportunity for the businesses to capture it.

Businesses, online as well as offline offer huge discounts and attractive offers to divert the attention of the customers to their products and services. According to market surveys, many entrepreneurs feel that it is the right time to introduce a new product in the market. Here are some sales promotion strategies you should follow to reap the benefits of year-end shopper bloom –

Festive Themed Promotions

One of the easiest ways to increase sales in the year-end is to bank upon festive themed sales promotion offers. Adding the festive, seasonal sentiments to the marketing mix helps to connect easily with the customers who are themselves engulfed in the celebratory spirit. Grabbing their attention and making an association becomes easier.  Firms can run a holiday-themed giveaway, offer branded mini games such Christmas puzzles, bingo and other board games. Online businesses can also create a virtual advent calendar like highlight products daily, daily discounts etc, they can also install holiday-themed geo-filters to attract customers to their social media handles.

Product Combination Offer

Another way to attract customers is through providing them quantitative benefits. Go for Buy One Get One Free schemes or offer discounts on buying more than two products. Such product combination also works for unrelated items, for instance on buying a cosmetic product give a ready to eat food package free. Such offerings have dual benefit; one being the obvious customer attraction and other is that will comparatively cost less. Business can lure more customers into buying products by coming two or more products and offers a discount on the same. Use phrases such as ‘Exciting Offer’, ‘Offer you Can’t Resist’, ‘BOGO’, among others to attract customers.

Gave Away Free Gifts or Redemption Coupons

One of the key attractions of Christmas is giving and receiving surprise gifts, businesses should use them as a part of their year-end promotional campaign. No one resists a free gift, especially during festive season. However, firms should carefully determine the value and quantity of products they can afford to give free of costs. Ideally business should set a lower limit for such free of cost offerings. For instance give away a free gift worth Rs 500 on a purchase more than Rs 5000. Another strategy is to provide redemption coupon on purchase.

Contests and Lucky Draws

Customer participation is a great way of sales promotions. Organise contests to encourage participation of potential customers. Various cafes and youth centric businesses may organise Christmas themed treasure hunts. Quizzes, jingle making, logo making among others can also be undertake to catch customers’ attention. Various competitions, like best Christmas tree, best decoration, and best outfit can be organised on the social media pages on the businesses. Firms can also organise lucky draws to attract more and more customers.

End of Year Sales/Discounts

The most tried and tested way of getting customer attention is by organising sales – year end sale, stock clearance sale, winter sale, Christmas sale among others. By providing huge discounts, businesses can make up for the lost turnover over the year. It helps the firms to clear their old stock at the same time provide some earning. Use phrases like  ‘Now or Never Sale’, ‘Time is Running Out,’ ‘Buy When You Still can’, ‘Once in A Year Offer,’ ‘Get Over 2020 Blues’, to attract customers.

Sales promotion is an important part of the marketing mix and has proven to be beneficial for the firm in increasing their turnover and earnings. Given the year-end shopping spirit doubled with appropriate promotional tactics are bound to generate good revenue for the firm.