2025 is just around the corner! 🔮 We've been talking to our operators to find out what will be their main priorities in the new year, and the results are in! 🚀 Somewhat unsurprisingly, operators are focusing on growth next year with 85% looking to grow their bookings. Interestingly, in second place is expanding product portfolios by launching brand new tours. Did you know? The Bókun Marketplace is the perfect place for growing bookings with global OTAs and 6000+ local resellers. 🙌 At Bókun, we see operators who move from just 1 to 2 sales channel see a 4x increase in gross booking value! And, if you are looking to launch new products in 2025 you can partner with complementary suppliers to create bundle or combo experiences! This allows you to expand your product line without having to create brand new tours. 🤝 📈 Want to start your growth journey in 2025? Head over to Bókun to try out our 14-day free trial.
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Our company have a 400 year business plan! (the Japanese like to plan ahead 😉)... They are privately owned by one family who will never sell (when you know the backstory you understand why) Distributors will always be at the heart of the company (again when you know the backstory as to why, you get it) They have a legacy income (willable) plan due to strong financial investments made across 50 years They have patented products and compensation plan that no one else is able to copy Sales have increased year-on - year and never had a decline, plus it's fast reaching momentum globally right now The high ticket durable products business model and the low ticket consumable products model are not the same Our hearts go out to those having the rug pulled from under them in other direct sales businesses recently and being forced to go affiliate only, losing their organisation But rest assured if you're someone who has been looking at getting into direct sales and considering Enagic for a while, seeing other companies seemingly similar pull the rug and wondering if that could happen with Enagic too, making you hesitant Know that nothing is the same 🔥 See announcement from corporate in Comments.. #womeninsales #womeninmarketing #healthiswealth
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First, you build your marketing so big that your sales team can’t handle the leads. Then, you build your sales team so big that your fulfillment process is overwhelmed. So you can finally build your fulfillment process so strong that you have no choice but to market even harder to get more growth. It is like in the gym when you're breaking down your muscles for growth to occur... Business growth is no different. As it is also a byproduct of breaking things and building them back even stronger.
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First, you build your marketing so big that your sales team can’t handle the leads. Then, you build your sales team so big that your fulfillment process is overwhelmed. So you can finally build your fulfillment process so strong that you have no choice but to market even harder to get more growth. It is like in the gym when you're breaking down your muscles for growth to occur... Business growth is no different. As it is also a byproduct of breaking things and building them back even stronger.
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9 Market Expansion Strategies for Reselling Businesses in the US What Is Market Expansion? Market expansion is a plan to enter new markets or grow your presence in existing ones. This can involve reaching new customer segments, expanding your geographic reach, or increasing your brand awareness. How to Create a Market Expansion Strategy For Your Reselling Business: Conduct research and set goals: Who is your target audience in the new market? Are they vintage clothing enthusiasts or collectors of rare sneakers? Understanding your ideal customer is key. Then, set realistic goals for your expansion plan. Aiming to double your sales overnight might not be achievable, but a steady 10% increase is a great starting point. Analysis & Evaluation: Don't be reckless! Analyze the potential risks and rewards of entering a new market. Is there high competition? Are there any legal or regulatory hurdles you need to consider? Weighing these factors will help you make informed decisions. Check out 5 Benefits of Expanding Into New Markets for a helpful breakdown. Execute your strategic expansion strategy: Now that you have a plan, it's time to take action! Be realistic about the resources you have available. Can you handle an additional two, three, or even four marketplaces? By the way, Vendoo makes this easy, think of the crosslisting software and white glove service as an extension of your team. . . . read more on our blog! #reseller #software #smallbusiness #businessgrowth https://hubs.la/Q02r4TJX0
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Below is my Growth Chart, with four avenues for growth. I've used it often make sure my thinking isn't too myopic. It's really easy to focus on what you're good at and not look at other opportunities to grow. If you have a big hammer, the world is full of nails. So, what initiatives or partners have you had success with to capitalize on a new quadrant? 1) How are you increasing member wallet share? 2) How are you prospecting? 3) What new products or channels have you launched? 4) What are you doing to diversify your revenue streams?
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First, you build your marketing so big that your sales team can’t handle the leads. Then, you build your sales team so big that your fulfillment process is overwhelmed. So you can finally build your fulfillment process so strong that you have no choice but to market even harder to get more growth. It is like in the gym when you're breaking down your muscles for growth to occur... Business growth is no different. As it is also a byproduct of breaking things and building them back even stronger.
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Sales team results aren't only sales results. Let me explain: Brand awareness affects it. Selling a no-name brand is always harder. Your reply rate changes. Your open rate changes. ----- When I was working at Huawei, it was easy. Huawei <> (company) partnership This title was enough to get replies People have an idea about what you do. And you are a big name. It was weird not to get replies. (My emails were terrible btw) Small B2B startups? - A Rejection Story ---- Social selling is useful to fill that gap. Only if you have a strategy. Only if your marketing/sales work together. What are your thoughts? Let's discuss this in the comments.
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Fantastic to have launched this years Invest NI Growth Programme with Mervyn Jones. Another cohort of amazing suppliers with great products.... I love my job. Its just the start of a 6 workshop programme where we help suppliers to answer the following questions when preparing to meet a buyer... 1. Why would I list this product? Is it new? Does it answer a customer need? Unique Selling Proposition (USP): Highlight what makes the product stand out. Is it innovative or addressing a specific gap in the market? Market Research: Provide data or insights showing customer demand or trends that the product aligns with. Case Studies or Testimonials: Share success stories from other retailers or customers. 2. What support can this producer offer to help grow sales? Sales Training: Offer training sessions for staff to better understand the product. Promotional Materials: Provide point-of-sale materials, brochures, and digital assets to assist with marketing. Incentives: Discuss potential promotions or discounts to encourage trial. 3. What capability does this producer have to supply my business and grow with me? Supply Chain Efficiency: Outline the logistics and reliability of supply, including lead times and order fulfillment capabilities. Scalability: Discuss how the producer can scale up production in response to increased demand. Commitment to Quality: Explain quality control measures in place to ensure consistent product standards. 4. Are these products competitive in price and profitability? Do they meet/exceed my expectations? Pricing Analysis: Provide a comparative analysis with competitor pricing and explain the value offered. Profit Margins: Share projected profit margins and any cost-saving benefits associated with the product. Flexibility in Pricing: Discuss any flexible pricing structures that can be tailored to the retailer’s needs. 5. How will they support with Marketing? Partner Advertising: Explain any partner advertising programs available to businesses. Social Media & Digital Marketing: Discuss online support, such as social media campaigns or content creation. Event Sponsorships: Offer opportunities for joint marketing at events, trade shows, or promotions. 6. Is there Data to support their listing? Sales Data: Provide historical sales data, growth trends, and forecasts for the product category. Market Studies: Share third-party research or market analysis reports that validate the product's potential. Customer Feedback: Offer data on customer satisfaction, reviews, or ratings that support the product's appeal. By addressing these questions with clear, data-backed responses, suppliers can effectively communicate the value of their products and build stronger partnerships with retailers...cant wait for the next workshop.
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Wrong vs Right way to acquire customers for your DTC brand. Acquiring customers is a crucial aspect of business growth. Your strategy should be effective. Here's the lowdown: The WRONG Way: ❌ Overpromising and underdelivering ❌ Spamming potential customers ❌ Cold calling without research ❌ Relying solely on discounts ❌ Ignoring existing customers The RIGHT way: ✔ Delivering on promises consistently ✔ Offering genuine value and solutions ✔ Engaging with potential customers thoughtfully ✔ Researching and understanding your target market ✔ Building strong relationships with existing customers The wrong way leads to short-term gains and long-term losses. The right way creates loyal customers and sustainable growth. Tell me: What's your strategy for acquiring customers?
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🚀 Ready to Crush 2025? Let's Start NOW! 🗓️✨ The end of the year is the perfect time to get organized and set yourself up for sales success in 2025. Here’s the game plan: ✅ Clean Your Databases: Say goodbye to outdated or incomplete records. A clean database = smoother communication + better opportunities. ✅ Plan Your Sales Calendar: Strategically map out your visits to maximize impact and efficiency. ✅ Propose Sales Runs: Align your sales routes with key targets and focus areas for the new year. The key to a great year isn’t waiting until January—it’s preparing now to kickstart the year with momentum! 🔥 Let’s make 2025 your most productive and profitable year yet. 💬 Contact me to find out how we can help you kickstart 2025 with a bang!
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