A few reasons why renovating your business will increase your sales.
No matter what business you are in, when you do renovations, your sales will increase suddenly. This increase can be important and go up to doubling your sales in the following year.
We will show you some of the factors that cause this increase.
Firstly, when you are renovating your business, you must advise your customers that there will be a temporary closure of the premises due to renovations. Regular customers are therefore happy that there is a renewal and be sure that when you reopen, they will return to your business to see the new products that have been made. They will talk to those around them, bring you new customers and bring back customers who already knew you but had lost the habit of coming to you.
In addition, when you prepare your renovations, it is at this time that you have the opportunity to make improvements to your premises. You have many years of experience and the market has probably changed since you did your last works. The new environment you create in your business will bring you greater efficiency and better match the needs of your current customers. By reviewing the positioning of your products, you can reorganize your business so as to highlight the star products, those that attract the most your customers and those that bring you a larger margin. Your business must stand out with an up-to-date atmosphere so that customers come to see you and want to buy from you, not in the internet, where the price war prevails.
Another positive aspect of the renovations is that they allow you to attract a new client base that would not have been targeted by keeping your old concept. You must then rethink a concept that will suit your current clientele and which will also affect a new segment of customers. This is the right time to add value to new products.
Finally, having a business that is up-to-date and well-suited for your employees, it attracts the best talent and helps you hire competent people. By having the best staff, your customers are better served, come back more often, talk about you and you become a reference in their network!
All these elements allow you to carry out renovations and make you benefit from an increase in your sales almost instantly. It is important to prepare your game plan for your renovations in order to take full advantage of their potential.
If you want advice on your new developments, we will take the time to know your real needs and offer you customized advice so that you can take full advantage of this opportunity.