Quotessence
Home / Books / 17 Reasons Why Businesses Fail :Unscrew Yourself From Business Failure

17 Reasons Why Businesses Fail :Unscrew Yourself From Business Failure

Book by Pooja Agnihotri · 50 quotes · Business Advice, Business Growth And Success, Market Research

Filter quotes by topic

17 Reasons Why Businesses Fail :Unscrew Yourself From Business Failure Quotes

“Footwear, apparel, accessories, cosmetics - they all belong to the ecommerce category or retail category, but they all are very different industries and require their own research.”

“If you want your customers to start eating spinach flavored ice cream, your idea won’t need as much cultural change as it will if you want your customers to start taking a coffee pill in the morning instead of fresh brewed coffee. Obviously, the latter will require more efforts and more marketing.”

“Sometimes the right business decision is to let it go - to let go of an underperforming employee, to let go of an unprofitable branch, to let go of a weak advertising campaign, and to let go of an idea that fails to create the hype you wanted it to be.”

“Listening to the audience means that they have to accept that there is something wrong with the product, which is not an easy thing, but it has the potential to save your business from failure. Anything that can grow your business (ethically) is worth considering.”

“For getting those customers, you need to first let them know about your business, your product and how your product is exactly what they are looking for. And for that very purpose, you have to advertise your product.”

“You should look for your niche: all those people who will love your product because their needs and your product benefits match. we should try to reach a stage where our potential customer base is just perfect in size for us - not too big and not too little.”

“One important thing that you have to remember is that the human brain is always looking for instant gratification and instant results which is why many of us end up spending more budget on making our office or store prettier rather than on marketing.”

“The mantra here is the more value you are going to create, the more profitable customer relationships you are going to build this the more successful your business is going to be.”