It’s not surprising to see a significant shift of practices when it comes to business networking. The world has adopted new ways to network that are no longer limited to face-to-face interactions. For a long time, business owners have attended meetings, events, and Trade Shows to expand their contact base. Today, thanks to fast-paced technology, online networking sites have become common in the realm of making business connections. You can connect with countless individuals in the click of a button. However, the question is, are these virtual connections as valuable as personal interactions? Could they even be more valuable? Read on to find out more about the difference between online networking and in-person networking, and how you can use both to your advantage.
Read MoreAre Virtual Connections as Real as Face-to-Face Networking?
Topics: small business, attract new customers, save cash, build business networks, business blog, increase sales, business needs, networking, trade dollars
The Best and Most Effective Ways to Grow Your Network
Business networking is an essential growth strategy to scale up your business and create a real impact on your bottom line. Finding a supportive network can help you find true value in your work, as you help your customers with your products and services, while making authentic connections.
Read MoreTopics: small business, attract new customers, save cash, build business networks, increase sales, networking, trade dollars
Best Practices for Cross-Selling and Upselling
Research shows conclusively that your existing customers are your best chance at increasing your overall sales. Closing a deal with a potential new customer is tricky and doesn’t actually happen all that often—even if your sales team are virtuosos of the craft. Statistically speaking, you’re much more likely to find success selling additional products and services. That’s where upselling and cross-selling come in. Unfortunately, people hear a lot about these kinds of tactics, and it’s easy for them to switch off if you take a poor approach. What exactly are these tactics, and how can you employ them effectively?
Read MoreTopics: strategy, buyer demand, expand your product line, small business, attract new customers, branding, unrealised potential, increase sales, business needs, customer loyalty
The importance of a good plan when growing your business
When you first started your business, you had a plan. It may have been something roughly scratched out on an A4 sheet of paper, or a complex business plan you presented to your bank manager, or maybe something in between. Your business plan provided you with a mission, a path for your business to help keep things moving in a positive, forward direction.
Read MoreTopics: starting up your business, small business, save cash, build business networks, business blog, succession planning, trade dollars
Learning to say No in business
Being in business usually means opening your doors to everyone, welcoming them in, building relationships and ultimately agreeing to do business together. Sounds simple, right? It can and should be. However, there are situations that can test you and one of the big tests is being able to say ‘No’ when you need to.
Read MoreTopics: bartercard, strategy, small business, business blog, unrealised potential, business needs
The Importance of Marketing
As a small business owner, consistent, constant marketing plays a big part in making sure your audience knows you, what you offer and what makes you unique. It would be great to simply open the door to your business every day and wait for the customers to roll on in. In reality, we know that doesn’t happen without a LOT of effort.
Read MoreTopics: increase profit, small business, market research, attract new customers, save cash, build business networks, content marketing, unrealised potential, increase sales, business needs, networking, trade dollars
Remunerating Your Employees with the Help of Bartercard
Bartercard’s cashless currency is becoming a popular choice for employers to incentivise their employees, rewarding additional bonuses and providing staff gifts. You might think Bartercard’s benefits can only be used to get more customers, but in fact they can also be used to incentivise performance within your talented team! Continue reading to learn why more and more New Zealand businesses are turning to Bartercard to supplement their workers’ compensation.
Read MoreTopics: small business, increase sales, business needs, rewarding staff, trade dollars
Introducing Limits to Simplify the Role of Technology
Advances in technology have enabled us to extend our reach in both our business and personal lives. These advances have allowed businesses far more flexibility, empowering them to operate 24/7. Additionally, with social media and the likes of Skype and Zoom, it’s now much easier to stay in touch with friends, family and business colleagues around the world. In your business life, online solutions like the Bartercard mobile app can greatly expand your business network, helping you move old stock and increase profits.
Read MoreTopics: business strategies, Productivity, improve lifestyle, small business, business blog, business needs
What to Buy with Your Bartercard Trade Dollars
Trade dollars can benefit your business in numerous ways. Beyond the simple concept of exchanging good and services, Bartercard takes the barter system a notch higher by employing technology to provide businesses access to an expansive network of like-minded businesses. This allows businesses to exchange products and services and increase business sales by up to 10% within the first 12 months of being a member. Together with the help of experienced Account Specialists, Bartercard makes sure your business’ excess stock and downtime translate into increased sales.
Read MoreTopics: improve lifestyle, small business, save cash, business needs, rewarding staff, trade dollars
Why SMEs Should Lean More on a Supportive Business Network
Being a business owner requires being decisive when it comes to risk-taking, but going in it alone can be challenging without the help of a community around you. In a competitive industry where you’re up against both the big and small players, joining a supportive network is essential to thriving. Today, we explain why collaboration is essential for your business’ growth.
Read MoreTopics: growing your business, small business, build business networks, unrealised potential, increase sales, business needs, networking
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