Let me ask you a question, how many ways do you think are available to you right now to grow your business? Do you think its over 50, over 100 or over 1,000? Well let me surprise you by saying in any business or industry around the world there are only 3 ways to grow a business!
Thats right! There are 3 and only 3 ways you can grow your business and they are
1. Getting more customers.
2. Increasing the size of transaction per sale.
3. Increasing the frequency of purchase per customer.
Now that makes growing your business a whole lot simpler doesnt it!
Most people in business are constantly running around trying to get new customers into their business without trying the other 2 ways. Getting more customers is fine but its probably the most expensive and time-consuming way to grow a business!
Increasing the size of transaction per sale is very easy to accomplish. You simply offer the customer more products or services when they want to buy. Say, for example, youre selling a mobile phone to a customer youd offer them a leather case, a memory card, a car-kit, extended warranty, etc. Youve just increased the size of the transaction buy...