attract new customers Archives - Page 4 of 8

Customers coming and going through a revolving door

Business

What is Customer Churn? A Helpful Introduction

Savvy business owners always have a carefully planned customer acquisition strategy in place to boost operations and sales. However, attracting new customers does not guarantee they will stick around. Businesses will lose customers. It’s inevitable. The cycle of new customers…

Bartercard New ZealandMarch 25, 2020

Business

Has Your Business Achieved Financial Freedom?

Owning your own business is widely recognised as one of the best ways to achieve financial freedom. With the right knowledge and skills, you can cultivate a successful business, hire staff to help it grow and put your money to…

Bartercard New ZealandMarch 4, 2020

man doing stocktaking of product in cardboard box on shelves in warehouse by using digital tablet

Business

Inventory Turnover Ratio – Moving Your Business Forward

Running a business requires up-to-date inventory management. When the demand for your products or services is high, you need an accurate inventory ledger to ensure production is meeting consumer demands. Conversely, when demand is low, business owners need to slow…

Bartercard New ZealandMarch 2, 2020

Male hand holding credit card, entering payment information on keyboard for order online shopping

Business

Five Ways to Increase Online Sales for Your Business

It’s no secret that online sales are quickly overtaking those made over the counter. Customers love the convenience of shopping from their office, at home, and on the go. If you’re not building your e-commerce presence, you’ll find your business…

Bartercard New ZealandFebruary 25, 2020

Business

Product Range: Is it better to specialise or diversify

It’s an age-old dilemma. Diversifying your product range can help you meet a broader range of customer demands, but will it spread you too thin? Devoting your resources and energy to a narrower product range may ensure greater quality, value,…

Bartercard New ZealandFebruary 17, 2020

Business

Short-Term Goals to Aid Your Long-Term Business Vision

Businesses set long-term goals to help them measure their success. However, as a business owner, you must also set attainable and specific short-term goals that support the bigger picture. Invest time to create scalable plans that will accelerate your business…

Bartercard New ZealandFebruary 14, 2020

Business

What You Need to Know About Brand Proliferation

Businesses are always looking for new ways to generate extra income and boost their market share. When a brand develops and markets new brands that are slight variations on similar, existing products, the result is a phenomenon known as brand proliferation. Below,…

Bartercard New ZealandFebruary 12, 2020

Business

What are the phases of a business cycle?

A business cycle is the natural rise and fall of economic growth over a period of time. The cycle is a useful tool for analysing the wider economy, as the upward and downward fluctuations show variations in production, employment, wages,…

Bartercard New ZealandJanuary 23, 2020

Business

Are Virtual Connections as Real as Face-to-Face Networking?

It’s not surprising to see a significant shift of practices when it comes to business networking. The world has adopted new ways to network that are no longer limited to face-to-face interactions. For a long time, business owners have attended…

Bartercard New ZealandJanuary 17, 2020

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