Post by account_disabled on Mar 4, 2024 21:12:30 GMT -6
Do what you promise sometimes a little extra A recent example can be found for example in the hospitality industry. When food on location temporarily came to a complete standstill you saw many companies make the switch to delivery out of necessity and therefore not out of strategy. The companies that already had an established name in terms of delivery an adapted menu and the necessary logistics were much better able to absorb this blow than the companies that have focused on source of income for too long. The catering entrepreneur who also had a web shop was completely sold out. the importance of a good infrastructure and marketing and sales funnel. Without underestimating the gut feeling in we absolutely no longer have to rely and build on this alone.
Working with and based on valid statistically significant and valuable data points also possibly precisely provides guidance and direction in your growth strategy in such times. Increasing or limiting investments cannot only be done on the basis Russia Mobile Number List profitability. It offers the opportunity not to regard changing consumer behavior as commonplace but to provide insight specifically for your market and company and thereby make betterinformed decisions. With insight into the right data you will recognize in time if a downward trend presents itself. Or if it unexpectedly fails to materialize. Moreover a datadriven growth strategy provides certainty within the team. And also for confidence among investors and shareholders precisely when this is at its lowest point ever. Dont just think about yourself A possible Pavlovian effect of an economic crisis may be selfish behaviour.
Logically in a crashing plane you should always put on your own air mask first and this is certainly not an attempt to argue that you should put others before yourself. Without you as an entrepreneur there is of course no company to work for buy from or invest in. Nevertheless you are not alone in this crisis and an open mind andor an altruistic attitude can do wonders for your growth strategy . Give your customers a deferment of payment so that they are lifelong ambassadors for your company and brand. Give your staff an inflation correction on their salary so that their purchasing power does not decrease and they do not show the negative effects of scarcity on their performance.
Working with and based on valid statistically significant and valuable data points also possibly precisely provides guidance and direction in your growth strategy in such times. Increasing or limiting investments cannot only be done on the basis Russia Mobile Number List profitability. It offers the opportunity not to regard changing consumer behavior as commonplace but to provide insight specifically for your market and company and thereby make betterinformed decisions. With insight into the right data you will recognize in time if a downward trend presents itself. Or if it unexpectedly fails to materialize. Moreover a datadriven growth strategy provides certainty within the team. And also for confidence among investors and shareholders precisely when this is at its lowest point ever. Dont just think about yourself A possible Pavlovian effect of an economic crisis may be selfish behaviour.
Logically in a crashing plane you should always put on your own air mask first and this is certainly not an attempt to argue that you should put others before yourself. Without you as an entrepreneur there is of course no company to work for buy from or invest in. Nevertheless you are not alone in this crisis and an open mind andor an altruistic attitude can do wonders for your growth strategy . Give your customers a deferment of payment so that they are lifelong ambassadors for your company and brand. Give your staff an inflation correction on their salary so that their purchasing power does not decrease and they do not show the negative effects of scarcity on their performance.