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How Can I Grow My Home-Based Business?

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Question added by Hany Sewilam Abdel Hamid , Director of Sales and Marketing , Creative Sense
Date Posted: 2015/12/30
MAHAVIR Kumar NAGORI
by MAHAVIR Kumar NAGORI , MD/ ED/ GM: CEO , Comcraft Group of Companies (Nigeria)

  1. Before growing the business level, you should ascertain the break even level of turn over i.e. at what level of sales you will break even i.e. to know break even sales. This will guide you the levels of growth in business desired immediately.
  2. Ascrtain the target customers and how can you reach or address the target audience. Like if your business is to cater to the needs of young generation, then how will you reach them through. The young ones are on social media, or reach them through school / colleges etc. the determinent is the target audience.
  3. If its catering to the local residents nearby, even the word of mouth will help spread the business but the good quality will spread faster.
  4. Kindly note that the pricing is also very important determining factor. so, in order to be able to spread initially, you should penetrate the market through penetrating pricing i.e. attractive pricing having good quality of products and you have won.
  5. The social meetings, fliers distribution around, advertising in the nearby locality through local means, spreading the msg through young children playing in and around vicinity, display notices etc. will help spread and grow the business well.

Have a good growing business.

Mourad Belgharek
by Mourad Belgharek , Store Supervisor , Trolley convenience store

Nowadays Home-Based Business is well spread , Social Media are the mainly the best & Excellent ways to Market your Home Business such Instagram , Facebook ..... 

Also the Offer Sms messages that telecommunication companies are providing with different packages ...

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