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Now, Just do this :
Recall your competitor in the last 5 years that had big Success Stories and today are non-existing.
Are they success or unsuccessful stories ??
Think about Swiggy and Zomato examples, these companies just started in India and are just using an app (technology) and today have bigger revenues than 30 years old companies in the industry.
Strategic Growth Opportunities (SGO) lying with your business
- Step 1 Market Penetration – Sell more of the current product to current customers
- Step 2 Market Development – Sell more of the current product to an adjacent market – next town over or next state over
- Step 3 Alternative Channels – Sell more of the current product using different sales Channel (i.e. internet, stores, distribution Partner, etc.)
- Step 4 Product Development – Develop new products for current customers
- Step 5 New Product for New Customers – Develop new products for new customers
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Hi! If we have meet you know me already and if not, I wanted to give you an introduction of myself and look forward to connect with you and see how I can bring new possibilities for you.