Today’s eTip shares 3 ideas on how entrepreneurs can generate more income in their business.
The second one is to raise your prices. If you already have a pretty healthy business where you’re busy but you’re just not making enough money, then that’s a good sign that you need to raise your prices.
If you’re that busy then your customers are probably thinking, wow, this person is reasonably priced! Don’t let that fool you – start to raise your prices because if you have that much experience under your belt, then you probably deserve to be raising your prices more than what you’re currently charging.
The third one is to try to resell or get re-engaged with your existing and past clients. Find ways that you can do a follow-up with them and see if there’s another service or product they may be interested in.
There's 3 basic ways entrepreneurs can make more money in their business. Watch this.Click To TweetAnd don’t forget to ask them for referrals too! Your happy customer base is an excellent source for referrals. Many times we forget to ask our clients for referrals so don’t forgot to ask and stay in touch with those past clients.
You never know who they might know who could use your product or service or if they might need you again, or if they’re ready for the next advanced level of your product or services.
Give that some though – there’s 3 quick ways for you to generate more income for your business!
I’d love to hear what you think – do you have any other income-generating ideas you can share too? Share your response below in the comments section or if you have a question, I’d be happy to answer.
To your business success,
Susan Friesen
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About the Author, Susan Friesen
Located in the lower mainland of B.C., Susan Friesen is a visionary brand strategist, entrepreneur, and founder of British Columbia’s premiere boutique web development and digital marketing agency, eVision Media.
With over 20 years of experience in the industry, she is an expert in helping businesses establish their online presence and create a strong brand identity.
Her passion for empowering entrepreneurs and small business owners to succeed in the digital world has earned her a reputation as a leading authority in the branding and marketing industry.
Visit www.BrandIdentitySteps.com and download your FREE guide: "Unlocking Customer Trust and Business Growth: Your 7-Step Guide to Defining a Compelling Brand Identity that Appeals to Your Perfect Clients".
