Top 6 Business Success Strategies

Written by Yolanda A. Facio


"The principal purpose of business is to create a customer." - Peter Drucker

Creating a loyal and respectful relationship with a potential customer buildsrepparttar basis for all other areas of business success.

Simply stated, without customers, our businesses would all fail.

A satisfied customer is a customer who provides a continual income stream and refers others.

Business success starts withrepparttar 103093 customer. The following six strategies outlinerepparttar 103094 best and most effective business success practices.

1.Customer Service. Typically 68% of a business' customers leave or go elsewhere for products and services because they feel they are under appreciated or unimportant.

The perception a customer has of his/her value to a business plays a very large role in whether or notrepparttar 103095 customer returns.

What can you do to improve on that statistic? Smile, ask questions, be friendly and say "Thank You".

Customer service is a seriously neglected facet of most businesses. As an owner you must setrepparttar 103096 example for your employees.

No one can do this for you. You can't pay an outside consultant to smile for you. If you aren't sure where to start, then pick up a copy of "How to Win Friends and Influence People" by Dale Carnegie.

2.Existing customers. Another neglected area in most businesses isrepparttar 103097 act of communicating with existing customers. I can't rememberrepparttar 103098 last time a business I frequented sent me a coupon or note or anything for that matter.

Keeping in contact with customers does not have to be an extensive and time-consuming endeavor. A monthly newsletter, a quarterly coupon mailing or a special occasion or holiday is sufficient. The idea here is not to sell them something but to simply remind them that you exist and value their business.

3.Referrals. If you are not offering an incentive to your existing customers to refer new customers to you, you are missing out on a huge profit center.

Referral coupons are one way of enticing customers to refer. If a coupon makes it back to you with a new customer, thenrepparttar 103099 referring customer gets a "spiff". A "spiff" can be a discount coupon, movie tickets, or a free item, anything that shows value.

It is important, however, forrepparttar 103100 "spiff" to be something of perceived value torepparttar 103101 referrer. Cheesy doesn't work. The referrer needs to be excited or grateful forrepparttar 103102 "spiff".

Creative Thinking versus Critical Thinking

Written by Kal Bishop


The process of creative thinking is often, mistakenly, intertwined with critical thinking. There is a tendency to write and edit simultaneously, couple hypothesis generation and evaluation, combine problem identification with solution.

To increase effectiveness, one should first apply creative thought, which is meant to be daring, uninhibited, free-spirited, imaginative, unpredictable, and revolutionary. The trick is to ignore content and maximiserepparttar size and richness ofrepparttar 103092 idea pool.

Second, critical thinking is exercised to achieve applied creativity. This is reductive, logical, focused, conservative, practical and feasible. During this stage,repparttar 103093 idea pool is reduced to achievable, appropriate ideas.

Now ontorepparttar 103094 Idea Pool itself:

Maximisingrepparttar 103095 size and richness ofrepparttar 103096 idea pool is a conscious process that has a lot in common with a) lateral thinking and b)repparttar 103097 elicitation of tacit knowledge. It isrepparttar 103098 pre-critical thinking phase and some elements include:

a) Coming up with ideas forrepparttar 103099 sake of generating ideas.

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