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Can You Generate Sales in a Down Economy?

by Miranda Marquit 2 Comments

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Image by jenn_jenn via Flickr

It’s a down economy, but that doesn’t mean that you can’t generate sales for your home business. Miller Heiman offers this helpful advice on how you can maintain your sales — even when the economy is down:

* Avoid cutbacks on your sales resources. It may seem counter-intuitive, but research shows that down times are a good time to increase your sales resources. Now is not the time to stop advertising. You need to bring in more income.

* Prioritize. Figure out where your priorities are. Hint: your existing customers should be priorities. Try to hold on to them with superior service and competitive pricing. Then focus on accounts that left, and new customers.

* Discipline. Be disciplined with your management, and with your resources — including some of your expenses. There are places to cut.

Can you think of additional ways to increase sales in a down economy?

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  1. Find downs in html says:
    October 15, 2009 at 10:56 am

    […] WorkShak ” Can You Generate Sales in a Down Economy? […]

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  2. Topics about Economy » Archive » Can You Generate Sales in a Down Economy? says:
    March 24, 2009 at 1:40 pm

    […] WorkShak placed an interesting blog post on Can You Generate Sales in a Down Economy?Here’s a brief overviewImage by jenn_jenn via Flickr It’s a down economy, but that doesn’t mean that you can’t generate sales for your home business. Miller Heiman offers this helpful advice on how you can maintain your sales — even when the economy is down: * Avoid cutbacks on your sales resources . It may seem counter-intuitive, but research shows that down times are a good time to increase your sales resources. Now is not the time to stop advertising. You need to bring in more income. * Prioriti […]

    Reply

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