The 3 Ways to Grow Your Business – With Suggestions for Each

It is one thing to start a business, but it is something else entirely to actually grow that business. These days – with all of the advantages that technology affords each of us – it is relatively easy to get up and running with your own business idea. Depending on your idea, you may not even need much money to get started. Growing that business, however, is going to take plenty of time and effort. Three Basic Concepts In general, you can break down the process of growing your business into three categories. Those categories are as follows – Increasing your number of customers Increasing the average customer purchase Increase frequency of customer purchase Below, we will highlight each of these three methods of business growth, along with some ideas for how to pursue each channel. Increasing Your Number of Customers When you think about business growth, this is probably the first thing you think about. After all, if you have more customers, you are going to make more money, right? Well, yes, in most cases. Acquiring more customers is always desirable, although the cost of doing so can be prohibitive in some cases.  To gain customers for your business, advertising is going to be the channel which is most likely to yield results. By purchasing advertising space in any number of different areas, you can put a marketing message in front of your target audience. One of the easiest and most-controlled ways of delivering an ad message today is through the use of Google AdWords. AdWords is a marketing channel that allows you to display paid search results on Google when potential customers search for terms related to your business. The advantage of AdWords is the incredible amount of control that you have over targeting your market. As long as you know your market and you know what your potential customers are searching for, you can display ads to that population without wasting…

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