What is Neurogenesis? ~ When a baby child is born he/ she has 100 billion neuron connections. so talking with that child in different languages makes it more creative and active. ~ Between the age of 1 to 13 there is higher capacity of learning things faster than any other person. thats why some parents keep their child engaged in different classes and things. ~ Any skill can be developed faster in this age group. after the age 13 the neuron production is less or get reduced. after that the speed of learning or learning different skills get reduced. ~ So to keep the neuron production stable or to increase the neuron production rate in brain there are few steps or excercises. ~ So basically Neurogenesis is a process by which new neurons are formed in the brain. ~ it is a process in which embryo is developiong and continues in certain brain region after birth and throught are life span. ~ the mature brain has many specialised ares of function , and neurons that differ in struc...
What can be done to increase the growth of your bussiness ???
1.Get to know your customers
Understand your customer's needs and develop products and services that meet those needs. You can gain insight into your customers by personalising your services and encouraging them to provide you with feedback.
If you fulfill your customers need then your bussiness will start to grow automatically.
2. Offer great customer service
Ensure your customer service is exceptional and go the extra mile when you can. Your customers will not only remember great service they will also be more likely to refer other people to you.
Provide a great service to your customer so that next time, next time the customer must come to your shop only..
3. Nurture existing customers and look for new opportunities
Once a customer comes to you be in contact with your customer, it will help you to improve your bussiness.
Have strategies in place to nurture existing customers, such as staying in contact with them via an e-newsletter or letting them know about promotional events ahead of time.
At the same time, look for opportunities to get more work and build your customer base. Make sure you find the right balance between nurturing customers and finding new ones.
4. Use social media
Social media is a powerful tool to promote your business to potential customers and gain valuable insight through ‘social listening’.
Through social listening you can find out what customers are saying about you, gain insight into their behaviour, identify keywords and trends that appeal to your target market and so improve your customer service.
Social media can help you to build your business profile and attract new customers.
And in today's time most of the people are spending more time in social media, and most people had started earning from socail media.
5.Recapture Existing Customers
Getting new customers isn't the only way to grow your business. Many times, the customers you already have are your best bet for increasing your sales, and studies have found that improving customer retention also improves the value of a company.
Customers who have already purchased from you once are more likely to do so again, especially if they have a positive customer service experience. Capture the contact information and shopping preferences of one-time customers. Then, use that information to set up marketing systems that will convert them into repeat customers.
The current customers will automatically bring new customers to you so first focus on old customer.
6.Ask for Referrals
Ask for feedbacks, most important in any type of bussiness.
Of course, attracting new customers to your business is never a bad approach. One way to do that is to ask your current customers for referrals.
These customers are already your target market, which means that people in their social or work circles are likely to be your target market as well. This makes them a strong access point to new customers.
7.Contain Your Costs
Increasing your bottom line is key to growing your business. If you expand your share of the market but continue to increase your costs, you won't actually have any money left to invest in your business or make a profit.
So while you're looking for ways to grow, pay close attention to the costs associated with running your business and getting your products or services to customers. Lowering these costs can be an effective way to give your business the cash flow it needs to grow and stabilize. There are two main approaches to cutting costs.
8.Choose the Right Growth Strategy for Your Business.
Finding the right growth strategy depends on the stage your business is in and the resources you currently have available. Consider what you have to invest, such as money, time, expertise, or personnel, as well as your current market, business goals, and the interests of your customers.
Not every strategy will be right for every business or appeal to every business owner. To get started.
1.Pick one or two ideas that are appropriate for your business and your circumstances.
2.Create a new business plan based on that strategy.
3.Set benchmarks for growth, expenses, and revenue.
4.Track these benchmarks regularly to monitor your progress.
If you implement those things definitely your bussiness will grow.
9.Do Your Research
When you’re looking into how to grow your small business, you need to do market research.
This not only lets you better understand your existing customers, but also your potential customers.
It’s important to gain insight into your target market and know what their needs are.
That way, you can see how your business can grow and change to meet those needs.
Don’t forget to research your competitors, too. Knowing what their strengths and weaknesses are can help drive your decisions on how to appropriately scale your small business.
Just do deep research on your bussiness.
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@Sujal Raysoni.
Very nice information 👌
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