Remove Customer Loyalty Remove Finance Remove Information Remove Marketing
article thumbnail

Key Strategies for Aspiring Entrepreneurs Considering Franchise Ownership

Strategy Driven

Additionally, perusing information from established platforms specializing in the franchise sector can offer rich insights into a franchise opportunity and what it takes to succeed. Navigating financing options and loan opportunities. Target market identification and consumer trend analysis.

article thumbnail

Recession Survival Tips: How Your Business Can Come Out Stronger

Strategy Driven

Simply put, retaining customers is easier and cheaper than finding new ones. In fact, customer loyalty can make the difference between survival and sinking during a recession. If you offer low prices, communicate regularly with existing customers. We gather the latest information and bring it to you via our feed.

Tips 65
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Face-to-face networking is still the key to connections.

Strategy Driven

I started in the insurance business in 1993 as a fresh graduate from East Carolina with a finance degree. How to hire, fire, train, and market business. His website, www.gitomer.com , will lead you to more information about training and seminars, or email him personally at salesman@gitomer.com. Chamber New Member Orientation.

article thumbnail

Your prospect will signal you when they’re ready to buy.

Strategy Driven

What was it that you said before about financing?” Jeffrey Gitomer is the author of The Sales Bible , Customer Satisfaction is Worthless Customer Loyalty is Priceless , The Little Red Book of Selling , The Little Red Book of Sales Answers , The Little Black Book of Connections , The Little Gold Book of YES!

Price 50
article thumbnail

Online Marketplace: New challenges to overcome

Strategy Driven

There was a time when the entry of an online alternative in a market would scare the hell out of small offline retailers. The time changed, markets evolved, competition became even harsh, and marketplaces required more innovative ways to make money than the mere commissions. Take Amazon for example. marketplace model today.

Retail 112
article thumbnail

Startups Could Fundamentally Change the Way Big Investors Operate

Harvard Business Review

This disconnect is a major problem for the continuing development of efficient capital markets. Given their size and appetite for diversification, these gigantic investors are a significant source of financing for many companies and governments in the developed world, and their investment activities can and do move markets.

article thumbnail

8 Ways Machine Learning Is Improving Companies’ Work Processes

Harvard Business Review

Corporate investment in artificial intelligence is predicted to triple in 2017 , becoming a $100 billion market by 2025. consumers already prefer chatbots to humans for customer relations. Improving customer loyalty and retention. Automating finance. In fact, 44% of U.S. Measuring brand exposure. Detecting fraud.

Process 10