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Showing posts from August, 2022

How can you generate 'Word Of Mouth' for your business?

How can you generate 'Word Of Mouth' for your business? Word of Mouth (WOM) is the most effective form of marketing.  When your consumer recommends or provides information about your product or services to someone else that is 'word of mouth.  Your product or service can be freely advertised by consumers.  According to a Nielsen study,  92% of consumers trust recommendations from friends and family more than advertisements.   Word-of-mouth marketing is considered the most effective marketing technique because it increases sales, creates brand awareness, builds loyal customers, and also promotes products and services.   Let's talk about how you make your customers talk about your business.   1. You need to understand that customers are the kings of the market.  You need to satisfy your targeted customers.  How can we satisfy them?  Provide quality goods or services to your customers even on the web.  Offer a pleasant environment and ...

HOW DOES COLLABORATION HELP IN BUSINESS GROWTH?

HOW DOES COLLABORATION HELP IN BUSINESS GROWTH? πŸ€” Collaboration is working together to achieve mutual goals. When you work with one or more people/firms to achieve something. πŸ’°πŸ’‘ You might have these questions...πŸ’¬ Q. Does collaboration increase your followers/subscribers? 🧲 Q. Will collaboration help you to get more customers? πŸ’° Q. Does collaboration help increase brand awareness?πŸ“’ Before answering your questions let's take the examples of a few successful collaborations. 1. Uber & Spotify πŸš–πŸŽΆ Uber & Spotify both have a similar goal which is to get more users. Customers can enjoy their Uber rides while listening to music by connecting to Spotify. Co-branding Campaign: Soundtrack for Your Ride. This collaboration attracted new customers and helped Spotify gain a competitive advantage. 2. BMW & Louis VuittonπŸ‘œπŸ› Both brands are luxurious and are involved in the travel business. BMW i8 customers receive Louis Vuitton's Four-piece set of luggage and ...

How To Identify A Good Friend?

How To Identify A Good Friend?  If you are associated with thinkers, you will become one. If you are associated with the giver, you will become one. If you are associated with achievers, you will become one.  Also, If you are associated with negative people, you will become one.  By Shiv Khera.  Remember with whom you are associated.🌿 ⏩Ask these questions to yourself.  To find which friend is an asset in your life.  ⭕Who motivates you the most when you are down?πŸ€” ⭕Do he/she motivates you for good things? πŸ€” ⭕ Any friend of yours judge another person based on income, appearance, or status?πŸ€” ( if yes, you are also been judged before &  avoid them.❌)  ⭕ Having he/she in your life helped you to gain something. ( knowledge, skills, leads, learning, mental peace, etc then they are your assets). 🀝 ⭕ How do people react when they see you with your friend? Or heard from you about being friends with them?πŸ‘‚πŸ‘€ πŸ€Being with good humans is important in...

Tips to explore Goa🏝🏞

Tips to Explore Goa Goa is a part of 'Dakshin-Kashi' and a hub of beautiful places😍. If you are planning to visit Goa, it’s always better to have at least a basic understanding of the local culture. This can help you understand the local customs, traditions, and rituals. If you are going to visit temples wearing full Indian clothes is a must or if you are exploring Goa, then you must take advice from the local person as they know better than you do.   If you want to explore Goa here are some tips: Visit the Goa tourism department for a more clear idea about the places. Clear your doubts and problems with them. They are welcoming and friendly.  Staying in a village can help you to explore Goa's unseen beautiful areas that are less crowded🏝.  If you are vegetarian there are Pure vegetarian restaurants in the local area. Ask the local people around you, and also consult local people about the best place to eat.  Some of the temples provide food , that can he...

Amazing opportunity for MSMEs in India.

Open Network Digital Commerce {ONDC} - The Gateway For Small Traders To Start Their Own E-Commerce Store. Introduction   We observed the dominance of e-commerce companies, like Amazon, Snapdeal, Flipkart, Zomato, Walmart, etc., in India's domestic market.  When  customers started preferring online shopping and getting more attracted to strategies of e-commerce companies such as season offers, discounts on the pricing of products, and home delivery have resulted in shutting down domestic businesses or struggling with market competition.  E-commerce companies monopolies the market in India based on the marketplace model. Click here Here are reports of some e-commerce industry acquisitions and investments in India.  To date, Amazon has acquired 91 companies and invested in 92 companies, company has invested $34.89B in multiple sectors such as fashion tech, Book tech, and more. Click here  Flipkart acquired 22 companies and invested in 24 companies. Flipkart sp...