Choosing a product or service to sell

The hardest first step in a service-based business is landing your first customer. Leverage your network to let them know you offer social media services. Use social platforms like YouTube and Instagram to show your expertise and draw in customers.

Keep in mind that customer loyalty, as well as customer retention, are a key part of maintaining recurring revenue. Consider selling stock photography by either opening your own storefront or selling photos to established stock photo websites like Adobe Stock, iStock, or Shutterstock. Esports and video game streaming platforms like Twitch have opened the door for gamers to gain notoriety—and eventually money—from their talents. The esports industry alone is worth more than $1.5 billion, and a Twitch streamer can get up to 100,000 viewers at a time. While many may think video games are a waste of time, it’s a hobby that can actually turn a profit.

Customer relations

Target a new audience with the same products (e.g., LED shoes can be marketed to music festival goers or runners). Curate products from different suppliers to create a store that serves a specific niche. Maybe you recently traveled abroad and came across unique products that aren’t readily available in your market but that you sense an appetite for. Or maybe you’ve zeroed in on a niche market and know the perfect way to serve it. Start your free 14-day trial of Shopify—no credit card required.

  • Regular servicing ensures that you meet your relevant retailer, national and international standards for visual assessment.
  • This could stop them from taking advantage of other people.
  • If we are not able to repair your boiler or we decide that it is beyond economic repair, Domestic & General will arrange for your boiler to be replaced, up to the value of £750.
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Confirm your terms of trade including your terms of credit. This will minimise the risk of late payment and subsequent cash flow issues. If you do not stop selling, you might talk your prospect out of a sale. dpvlib.org Try to find out exactly what aspect of price the customer is unhappy with before deciding how to respond. If an objection is valid, address it and then ask if you have satisfied the customer’s concerns.

BPme app now available for business

Sign up for the Siemens warranty extension and enjoy even more problem-free years with your Siemens home appliance. Use the button below to access and download the full range of documentation relevant to your appliance including user manuals and installation instructions. Once you know how much of a refund you want, you should write or speak to the seller. If you think a seller might have misled you but you’re not sure if you’re entitled to a refund you shouldcontact the Consumer Serviceand explain what’s happened. A salesperson gave you the wrong advice about what TV would best meet your needs and you were persuaded to buy a more expensive one than you needed. The TV was also advertised as ‘£250, reduced from £450’ – but the TV had never been sold in the store for £450.