article thumbnail

How To Make Your Small Business Customers Happy

Strategy Driven

As a small business, you cannot always offer deals and discounts. It could be as simple as a free gift, or discount on their next order. You could even offer their friends and family a one time discount. Building a close bond with your customer will also help you understand their needs. Remember names or needs.

Discount 115
article thumbnail

Easy Initiatives to Improve Your Office’s Morale

Strategy Driven

Therefore, it is important that you as an employer or manager are always searching for ways to boost morale in the workplace. Things like gym memberships, help with travel, and many other discounts are all greatly appreciated as part of a payment package from a company. Take Their Ideas on Board. Think Up Some Ways to Boost Morale Now.

Morale 81
Insiders

Sign Up for our Newsletter

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

article thumbnail

Happy Father's Day

CEO Blog

You helped me form my leadership and management style. Your yield was actually much higher than you thought due to the "son" discount especially in the raspberry and blueberry department. My study of time management was inspired by your naturally tidy, organized and disciplined approach to life. Your word is your bond.

Bond 157
article thumbnail

How to Improve Customer Loyalty in eCommerce Businesses

Strategy Driven

These programs also make them feel part of a buzzing online community that allows them to bond with other customers. You can also take this time to put some of your products up for sale, surprise buyers with freebies on purchases, or offer discounts on particular products. Make Return Policies Easy.

article thumbnail

6 Tips for Financial Security After You Retire

Strategy Driven

Diversify your holdings across stocks, bonds, mutual funds, real estate, and other alternatives to reduce your risk exposure to any single asset class. Consult an experienced financial advisor for guidance on the right asset allocation and risk management, but be diligent in choosing an advisor who acts in your best interest.

Tips 103
article thumbnail

How the Insurance Industry Can Push Us to Prepare for Climate Change

Harvard Business Review

If insurers offer a discount for climate-proofing homes, homeowners will likewise have an incentive to make that investment. Insurers can further individualize pricing by offering discounts to customers who invest in self-protection and hence lower their risk rates. During a time when the U.S.

article thumbnail

StrategyDriven Editorial Perspective – Good Intentions, Bad Results: Learning from the Panic of 1826

Strategy Driven

A typical post note transaction went as follows: a borrower approached an insurance company and requested a six-month IOU of $1000, minus a discount of say 3%. The borrower would then sell the discounted $970 post note on the money market, also paying a discount to the post note purchaser of say $30, receiving $940 in cash.