How to Make Your Small Business a Success: A Short Guide

Asia's Tech News Daily

Running a small business can be a stressful and complicated endeavor, which is why you should always be on the lookout for useful ways to make the process easier.

Improve Your Marketing

Marketing is an enormously important part of any company and something that will ultimately contribute to your success or failure in any business pursuit. Your target market needs to know that your company exists; after all, otherwise, they could never become customers.

Find Your Niche. Speaking of your target market, identifying exactly who your business and products are most suited towards is a brilliant way to keep your marketing budget as small as possible. Identifying your market niche and then focusing on marketing to that niche is a highly effective and low-cost method of advertisement that you should absolutely consider employing.

Master Customer Service

Another important aspect of operating your business is the way you interact with customers. When you’re running a small business, there’s a good chance you’ll have a small pool of customers, which means you really can’t afford to lose many. This means the best way to keep your company alive and well, is to keep your customers happy.

Invest in Productive Tools. One of the best ways to keep your customers happy is to provide them with a fast and efficient service. There are multiple digital solutions to do this, such as using digital tools that can make correspondence that little bit quicker. When sending important contracts and documents, convenient digital signature services can make things easier as it allows users to securely sign documents without having to print them and re-scan them, speeding the process while also making it easier to manage.

Enable Customer Feedback. Another brilliant way to help keep your customer service top of the range is to enable your customers to easily and effectively communicate with your business. One of the best ways to do this is to create established feedback pathways. Talking to managers, giving reviews online, and calling customer hotlines are all well-established ways for customers to give feedback and are generally very accessible to businesses that wish to make use of such services.

Make an Impact Online

Finally, an underappreciated aspect of setting your business up for success lies in making your presence known online. Ultimately, web-based marketing is fairly low cost and can drive a surprisingly high amount of traffic to your business, even if you only operate locally. This means that there are many benefits to a strong web presence and very few drawbacks.

Design a High-Quality Website. The key to a strong web presence lies in the development of an incredibly easy-to-use and professional-looking website. In addition, a large portion of customers will perform online research before ever making a purchase, which means your best chance to attract these customers is to make a good impression online. Fortunately, designing a high-quality website is easy to do online and can often even be outsourced to a professional service that will definitely return an excellent product.

This article does not necessarily reflect the opinions of the editors or the management of EconoTimes

Internet Explorer Channel Network
Asia's Tech News Daily
News Related

OTHER NEWS

Automaker Stellantis plans to generate $22.5 billion in new software revenue by 2030

2022 Jeep Grand Cherokee Summit 4xe Automaker Stellantis plans to generate about $22.5 billion (20 billion euros) in incremental annual revenue from software services and subscriptions by 2030, the company ... Read more »

Chip company Intel sharply in the plus on higher New York stocks

Stock markets in New York opened with gains on Tuesday, building on the solid pluses of the day before amid easing investor concerns about the Omikron variant of the coronavirus. ... Read more »

One of Russia's largest winemakers to export to France

The first batch of wines has been shipped from Fanagoria to the French Auchan retail network Read more »

The long and tumultuous journey of Amtek Auto's insolvency process

(Representative image. Source: ShutterStock) Any corporate insolvency resolution procedure ought to be completed strictly within the timeframe set out under the Insolvency and Bankruptcy Code (IBC) and any deviation from ... Read more »

Economic dynamics in Russia positive in general, says Putin

As the Russian President pointed out, investments were up by 7.6% in first three quarters of this year Read more »

No Dutch initiative for vaccination campaign companies yet

Photo: ANP Companies active in the Netherlands have no plans for a joint campaign to increase the vaccination rate against corona. In Germany there are at least 150 large companies ... Read more »

Cramer says stock market comeback fueled by scramble to get back in after omicron overreaction

Jim Cramer on CNBC's Halftime Report.Scott Mlyn | CNBC CNBC's Jim Cramer said Tuesday the market's snapback has taken many investors off guard, and it's being fueled by the rush ... Read more »

US trade deficit narrows in October as exports rebound

The Associated PressIn this April 9, 2021 photo, cargo containers are shown stacked near cranes at PortMiami in Miami. The U.S. trade deficit narrowed to $67.1 billion in October, after ... Read more »

Uncertainties remain but defence contractor Babcock says it's time to go for gold

Babcock's boss is targeting cost savings as he aims to turn around its fortunes but admits the wider macroeconomic environment remains "a bit difficult". Read more »

The latest sign of President Biden's inflation politics problem comes from Main Street

U.S. President Joe Biden speaks as he holds a meeting with CEOs of companies in a variety of sectors to discuss the holiday shopping season, at the White House in ... Read more »

NVM is also feeling the pressure and is taking a new step towards bidding log

Real estate association NVM wants to make bids on houses fairer with a new online platform for bidding by registration. The real estate association tries in this way to meet ... Read more »

British watchdog opposes Suez takeover by Veolia

Photo: ANP The British market watchdog CMA does not yet agree with the acquisition of waste processor and water company Suez by industry peer Veolia. The two French companies have ... Read more »

Taxpayers could face higher bills after £11bn waste management merger, watchdog warns

The UK regulator has the power to order the sale or divestment of part or the whole of a business if it ultimately concludes that there are competition concerns outstanding. Read more »

Jet founder Marc Lore plots U.S. expansion of food delivery biz: A 'one-stop shop' for cooked meals

A Wonder van parked outside of a customer's home. Each Wonder vehicle is staffed with one chef who preps the meals before bringing them to the front door.Source: Wonder Whether ... Read more »

COVID-hit small businesses worried about impact of possible third wave

File Photo. Image: AFP Just when micro, small and medium enterprises (MSMEs) were gearing up to recover from two consecutive waves of COVID-19 infections, a new variant of the coronavirus ... Read more »

Stellantis wants to outfit cars with AI to drive up revenue

The Associated PressFILE – The Stellantis sign outside is shown on Jan. 19, 2021 at the Chrysler Technology Center in Auburn Hills, Mich. Carmaker Stellantis announced a strategy Tuesday to ... Read more »

Brussels wants more information about Nuance purchase by Microsoft

Photo: ANP The competition authority of the European Union wants more information about the acquisition of Nuance Communications by Microsoft. Brussels has asked customers and competitors of the two companies ... Read more »

House prices rising at fastest pace in 15 years on quarterly basis, says Halifax

The three month-on-three month increase of 3.4% is the strongest seen since 2006, the lender said, but it does not expect growth to continue at the same level into the new year. Read more »

Katrina Kaif and Vicky Kaushal may move into a rented beachfront property in Mumbai after wedding

Bollywood actors Katrina Kaif and Vicky Kaushal. (Image credit: AFP) Bollywood actors Katrina Kaif and Vicky Kaushal, who are in Jaipur for their wedding to be solemnized at a hotel ... Read more »

No sun, no stars for six months. How to work and live in the North

The chain of meteorology stations stretches to Chukotka - and at every station people are waiting for the supplies Read more »

Reliance, Abu Dhabi-based TA'ZIZ form joint venture for $2 billion chemical projects in Ruwais

The signing of the agreement was overseen by RIL Chairman and MD Mukesh Ambani and UAE Industry Minister Dr Sultan Ahmed Al Jaber. Oil-to-telecom conglomerate Reliance Industries Ltd (RIL) on ... Read more »

Stocks making the biggest moves premarket: American Airlines, AutoZone, GlaxoSmithKline and others

Check out the companies making headlines before the bell: American Airlines (AAL) – Chief Executive Officer Doug Parker announced he would step down from that job on March 31 and ... Read more »

DNB sees risks from corona, interest, inflation and technology

Photo: ANP Supervisor De Nederlandsche Bank (DNB) will pay a lot of attention next year to the risks that financial institutions ran due to the corona crisis. The persistently low ... Read more »

Instagram launches tool urging teens to take a break

The Associated PressFILE – This Friday, Aug. 23, 2019 photo shows the Instagram app icon on the screen of a mobile device in New York. Instagram on Tuesday Dec. 7, ... Read more »

Ngee Ann Kongsi's $2.94m donation to IPS will help fund interest-free loan project in Yishun

SINGAPORE – Low-income families who need some cash to pay the rent, medical bills or school fees can steer clear of illegal moneylenders and borrow from a community lending pilot ... Read more »

Rs 2,000 notes now 1.75% of total banknotes in circulation; down from 3.27% in Mar 2018            

Representative image The number of Rs 2,000 currency notes in circulation has decreased to 223.3 crore pieces or 1.75 percent of total notes in circulation (NIC) in November this year, ... Read more »

American Airlines CEO Parker to step down next March

The Associated PressAn American Airlines flight arrives at Miami International Airport, Monday, Nov. 8, 2021, in Miami. The U.S. says that as of Monday, with bans on travelers from 33 ... Read more »

DNB warns financial sector: do not wait any longer to consider climate risks

It is almost becoming a regular tune from De Nederlandsche Bank: the warning to the financial sector about the impact of climate change. It is really a risk for the ... Read more »

Astranis signs deal to bring satellite internet to 3 million people in Peru by 2023

A visualization shows an Astranis satellite over Peru in orbit.Astranis Astranis, a San Francisco-based company with an alternative approach to providing internet access from satellites, on Wednesday announced a deal ... Read more »

EU ministers clear the way for abolishing VAT on solar panels

Photo: ANP VAT levies on certain goods and services, including solar panels, water, passenger transport and live streaming of sports matches or shows, can be reduced in the EU to ... Read more »

EU agreement: The Netherlands may abolish VAT on solar panels and water

The Netherlands has argued in the past for the use of a zero rate, but this was only possible in specific cases, such as the supply and supply of ships ... Read more »

American Airlines CEO Doug Parker to retire, after 20 years at helm

Parker is the longest-serving chief executive of a major U.S. airline. Read more »

'Wind direction' partly to blame after thousands cut off by storm, energy boss tells MPs

Paul McGimpsey of the Energy Networks Association faced questions at a select committee over storm Arwen, which has left thousands of homes cut off. Read more »

Moscow court fines Google over $188,000 in four cases of unlawful content

As of now, Google has been fined a total of 58 mln rubles ($778,890) for the same offense Read more »

Large profit margins on cheap self tests but the market may be volatile: FD

A coronavirus nasal testing kit. Photo: Depositphotos.com Now that self testing is being encouraged, including for people with mild symptoms, the trade in tests is booming but purchase prices appear ... Read more »

SaaS startup MoEngage raises $30 million led by Steadview Capital

Customer analytics startup MoEngage on December 7 said that it has raised $30 million led by Steadview Capital, doubling its valuation to about $500 million in six months. While MoEngage ... Read more »

American Airlines CEO Doug Parker to retire, president Robert Isom to take reins March 31

An American Airlines plane lands at Ronald Reagan Washington National Airport November 23, 2021 in Arlington, Virginia.Drew Angerer | Getty Images American Airlines CEO Doug Parker, the longest-serving chief executive of a ... Read more »

Half of office occupiers with presence in tier-II cities using flex spaces: JLL- Awfis Survey

Almost half of the office occupiers who already have a presence in tier-II cities are using flexible spaces due to the availability of shorter leases and a cautious approach by ... Read more »

Chip companies lead in sharply higher AEX

The stock exchange in Amsterdam traded sharply higher on Tuesday, partly due to the gains made by shares in the chip sector. Investors were less concerned about the economic impact ... Read more »

Gainers & Losers: 10 stocks that moved the most on December 7

India’s benchmark indices ended higher on December 7 led by gains in auto, metal, realty and financial names. At close, the Sensex was up 886.51 points, or 1.56%, at 57,633.65, ... Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic