How You Can Definitely Experience Some Business Growth And Expansion Even During A Nagging Recession!

So whenever there’s a nagging local recession in your specific area.
How do you and or your major competitors, typically respond to it?
Do you automatically seek to dramatically lower your prices?
Or do you seriously consider, cutting various types of ongoing costs?
And how would or do you systematically go about, generating some business growth and expansion, even during a prolonged nagging recession?
And whatever you’re currently doing which is consistently generating some bankable results. Can you license it,(or some form of it) in some form or fashion? Are you sure?
Or can you some how JV (joint venture) partner with select non directly competing vendors, and implement some form of mutually agreeable revenue share.
And or resource share, instead of just getting into a cash and resource draining price war with your major competitors.And race each other to the bottom.
So Who Else Wants To Know How To Market Your Small Business Even During A Nagging Local Recession!
So imagine this all too common scenario for just a moment. You run a successful, and steadily growing landscaping business.
And like practically any other semi viable industry.You currently have more than your fair share of local competitors. Correct?
And less than three short years ago. When your local economy was booming. And practically every week, a brand new startup of some kind, (either) on or offline, was springing up everywhere.
So you decided to get really aggressive, and borrowed as much money as you could, invested in better equipment, and updated various technological aspects of your business etc.
Which means, you now have a state of the art WordPress website. And you’ve also decided, you’ve add a paid email service provider to the mix.
So you can add opt in email/mobile marketing strategies to your long term marketing arsenal as well.And you’re even thinking about hiring, a college student (part time), initially, to help with your social media marketing presence as well. đ
And now, for any number of reasons, (like it or not) your local economy is finally slowing down.Just a bit.
And even more direct competition, higher interest rates on short term borrowing. Which temporarily equals less and less business.Right?
How To Make Your Business Grow In The Face f Some Really Adverse Conditions!
And guess what? Suddenly your rather large debt, which you’re now having trouble repaying, has turned into a perpetual stress causing financial albatross.
And if you can’t or don’t turn things around quickly. Your goose is definitely gonna get cooked. Sound all too frighteningly familiar? So now you’ve got a choice to make.
Should you start systematically laying off the most recently hired personnel? And dramatically cutting back on your traditional advertising and or promotional budget? Perhaps.
Or what about this…
How To Make Your Business Successful Even When The Deck Is Stacked Against You!
So for just a second, imagine a local, commercial real estate broker. Who has a local commercial building sitting empty and since the recession is raging on.
Their prospects for getting it rented at the prevailing commercial rates. Simply aren’t too good.Correct?
But what (if), you could (somehow) arrange,to get the property cared for, while simultaneously helping out another local, non directly competing vendor.
And now this particular vendor wouldn’t have to (either), temporarily or permanently lay any workers off.
And they could stay busy, even though the local economy was definitely slowing down. So try this incredibly simple marketing twist.
Approach one of the reputable, landscaping companies, who is either currently in the process of laying workers off.
And or already has, because business has dramatically slowed down.
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You approach and successfully negotiate with one of these landscaping vendors.And have them agree to provide top end landscaping services, for any current empty commercial or residential buildings you have.
This way, it’s far less likely, they will be vandalized, correct? Which definitely helps maintain property values, correct?
And in exchange for them giving you an extremely generous discount of some kind.On an ongoing basis mind you.
You agree in writing, to personally introduce them to several local, potentially large commercial accounts. Because you know several potential vendors in the local business community.
Plus, it’s very likely, at least a percentage of these commercial accounts, will spill over, into the landscaper getting some brand new, higher end residential business accounts as well. Provided they do a good job of course. đ
Strategic Marketing For Business Growth Can Definitely Lead To Discovering Some Untapped Opportunities!
Stop and consider the long marketing possibilities for just a second.
Here’a reputable landscaping vendor. Who may have had to temporarily or permanently lay some key personnel off.
And dramatically scale back on their traditional advertising and promotional budget. Because they’ve had to steadily lower their prices.
Or they simply didn’t have enough front end revenue, to cover their ongoing expenses.
Now, as a direct result of your marketing/ joint venture (JV) arrangement with them.
They’re not only doing business again, but they’ve dramatically lowered their upfront out of pocket cost, of finding and or generating, a brand new first time customer. đ
Plus, they can and most certainly will, leverage some of those commercial accounts, into some long term residential accounts as well.Don’t you agree?
This is just an extremely small example, of how some extremely marketing savvy entrepreneurs, experience some ongoing business growth and expansion.
Even during a prolonged nagging recession. Any questions?
P.S.Now as is customary during this part of our show.
Please share your extremely valuable comments (in the comments section below) that you can
apply to your business, product or service in the next 30 days or less!
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