- Koh Management
How to grow your new business in Singapore
How to grow your new business in Singapore – Are you someone who just started up and want to learn more about tips on how to grow your business in Singapore? Today in this blog post we have some tips that we would like to share with you so that you can grow your business and get more leads and also generate more future leads to become a great company in Singapore whether you are in the services field, manufacturing field or any other relevant fields in Singapore. This 5 tips will be able to kick start your business so that you have the opportunity for it to grow and this tips are also easy to understand and transfer into proper working plans.
Work on a product that is marketable
The product must be something that you can send a message out to and also something that can be marketed. You can be selling a water bottle, it can be a new tech product that could change the world. But make sure this is something that is probably not illegal and something that is easy to understand and explain. If you have to educate the world on how it should work or even what is it in the first place you might be having a hard time getting it off the ground to get anywhere.
Spend time on branding and brand message
When you start your business, you should already have branding in mind and how you want to differentiate yourself from the rest. A strong identifiable logo together with a strong message of say being the best in the industry or being the freshest, fastest. Is a good way for you to be different from the competition. Some business prefers people who they identify with. When you work with business owners, they like people who dare to say they can be the best because that’s what most business owners aspire to be. Winning attracts winners and this rolls the snow ball down the road!
Set up marketing channels and spend on marketing
There are many forms of marketing, the most popular form right now would be internet marketing through Google or through Facebook. Marketing methods such as SEO, SEM, Influencer marketing are all forms of channels that you can approach. You could also do email blasting, paper printing and distributing, through the mail. You could explore SEO marketing with our partners at SEO GEEK.Identify which method works for you the best because this could make or break you company if you place resources into methods that do not work for you.
Have strong back end systems in place
Business succeed because they could go beyond what their founders saw and also just from the founders leadership. Businesses need to have good systems in place so that there are ways for the business to run even with minimal management intervention.Systems could be copied from bigger business that are of the same industry. You could also get consultants to come in and help you with the setting up of said systems and also to guide you on the proper usage of the system.IT systems are also key in this respect where you cut human processing time and they can generate more income for you.
Work hard and meet more people
Networking is something that many business owners do not properly spend time on. But business to business deals are made through human connections. They are made through introductions of trusted professionals. They are made through being customers first and introducing them to friends. In Asia, its about the relationship and the trust before the dollars and cents.Go out there and go for drinks. Go out there and shake more hands. Go out there and build more connections for personal growth and business growth.
We hope this 5 tips of How to grow your new business in Singapore can help you to grow and also to build a strong and independent company that can either change the world or change the world for the better. All the best!