5 Ways to generate revenue

To keep your business running you need revenue.  There are several ways you can generate more revenue 
and they are:
 
SELL TO EXISTING CUSTOMERS
Research shows it is easier to sell to an existing customer than it is to recruit new customers.  Therefore offer
complimentary products or additional services to increase the value and frequency of their purchases.  
 
SPONSORSHIP
If you run events either online or in person for you customers or community, consider sponsorship.  Not only can it support your customers, but it can also generate extra revenue.  For more information visit www.mooresgroup.ca
 
EXPAND YOUR GEOGRAPHY
Increase the number of customers you have by expanding into new geographical locations or markets, 
either in person or online
 
ADVERTISING AND PROMOTING
Advertising and promoting the business is much more than ad placement. Are there partners you can 
work with to cross promote, to each other’s customers
 
SIGN UP FOR AFFILIATE PROGRAMS
Are there products and services that you recommend to your customers that support your offering or that 
you just love?  If so, find out if they offer an affiliate program that gives you a referral fee for every 
​recommendation
 
For more information on sponsorship contact our customer service team at www.mooresgroup.com