{"id":623,"date":"2020-04-20T12:09:57","date_gmt":"2020-04-20T12:09:57","guid":{"rendered":"https:\/\/www.teranoid.com\/?p=623"},"modified":"2020-04-29T06:45:28","modified_gmt":"2020-04-29T06:45:28","slug":"practical-tips-for-guaranteed-increase-in-revenue","status":"publish","type":"post","link":"https:\/\/www.teranoid.com\/practical-tips-for-guaranteed-increase-in-revenue\/","title":{"rendered":"Practical Tips for Guaranteed Increase in Revenue"},"content":{"rendered":"\n

Certainly, businesses require a continuous increase in revenue to remain successful. However due to the rise in the Coronavirus cases, business owners are becoming severely stressed. That is to say, due to the lockdown, the economy is facing severe rapid downfall. As a result, businesses are forced to shut down. Consequently business owners are finding ways to have an increase in revenue by thinking of other useful ways. However for business owners, it is essential that they have rapid increase in revenue because that is what the business demands. Further to make the business stand strong in deteriorating economical conditions is also necessary. <\/p>\n\n\n\n

\u201cSetting goals is the first step in turning the invisible into the visible.\u201d<\/em><\/strong><\/p>

—Tony Robbins<\/a><\/em><\/strong><\/p><\/blockquote>\n\n\n\n

How to Get Increase in Revenue<\/strong><\/h4>\n\n\n\n

Therefore instead of being\nstressed and panicked, you should work towards thinking of ways that help you to\nhave an increase in revenue. Below we have shared some immediate steps that you\ncan take to get an instant increase in revenue. <\/p>\n\n\n\n

Increase in Revenue through Gift Cards<\/strong><\/h4>\n\n\n\n

Gift card program is very\nessential when it comes to planning an increase in revenue. That is to say, they\nbring immediate increase in revenue. That is to say, it is due to the gift card\npurchase that you are sure that the customers will return to the store to shop\nagain. Therefore for businesses that are severely being affected in the current\nsituation should use gift cards to entice their customers to shop. Certainly there\nwill be a quick increase in revenue.<\/p>\n\n\n\n

Further you can know about the customers that you want to send your gift cards simply through your POS System<\/a>. Further due to the current situation, digital gift cards are a must. Moreover these gift cards can be sent to the customers through emails. So, create such gift cards that are simple and easy to use for online shopping.<\/p>\n\n\n\n

Online payments for Increase in Revenue<\/strong><\/h4>\n\n\n\n

Certainly online payments are a\nmust in the current times. Also, we have talked about this a lot now in our previous\nCOVID-19 related articles as well. So by now you must be aware or we hope you\nwould have start practicing to offer only online payment methods during\nCOVID-19. Certainly people are concerned about the virus being transmitted\nthrough cash, therefore try as much as possible to refrain from cash payments. Also,\nthe WHO has also suggested that people should switch to contactless payment\nmodes. Why go through the lengthy task of disinfecting each note and then\nwaiting for it to dry when you simply can avoid the whole process and improve customer\nexperience through cashless online payments because<\/p>\n\n\n\n

\u201cif you are not taking care of your customers, your competitor will.\u201d<\/em><\/strong><\/p>

–Bob Hooey<\/em><\/strong><\/p><\/blockquote>\n\n\n\n

Increase in Revenue\nby applying for Government Relief<\/strong> <\/h4>\n\n\n\n

A very effective way to get\ninstant increase in revenue is to apply for government relief and seek their assistance.\nFurther businesses can also take low interest loans from the government to not\nlet their business sink. Governments have many offers for businesses that need\ntheir help in such crisis. That is to say, emergency funding from the government\nand other business protection funds. So, see which programs your government is\noffering and how you can apply to those relief plans. <\/p>\n\n\n\n

Increase in Revenue by changing Shipping Method system<\/strong><\/h4>\n\n\n\n

Shopping cost is certainly an\nissue that is concerning retailers these days. Therefore in order to avoid the\ncost for the convenience of the customer as well as for the company, you should\noffer customers curbside pickups. Further they can also place the order at the door\nstep and inform the customer about it.    <\/p>\n\n\n\n

Conclude<\/strong><\/h4>\n\n\n\n

To conclude, certainly businesses\ndid not expect such a big turnover in their business. Also, we understand how\neveryone is struggling to save their business from destruction. Moreover in this\ntime, educate the customers and build trust in them because that is more\nimportant than anything else. When customers have trust in brand, businesses\nand brands have a strong backing in the form of their customers. <\/p>\n\n\n\n

\u201cSales is not about selling anymore, but about building trust and educating.\u201d<\/em><\/strong><\/p>

–Siva Devaki <\/em><\/strong><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

Certainly, businesses require a continuous increase in revenue to remain successful. However due to the rise in the Coronavirus cases, business owners are becoming severely stressed. That is to say, due to the lockdown, the economy is facing severe rapid downfall. As a result, businesses are forced to shut down. Consequently business owners are finding … <\/p>\n

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