3 strategies to boost sales for new businesses in 2024? Dorea Team, January 9, 2024January 12, 2024 2024 just started, and everyone is excited about starting their new path to increase revenue. In this article, I’ll tell you 3 ways to increase sales in 2024: 1. Cashback and any other loyalty programs Nowadays, people are obsessed with cashback or any form of loyalty program; the cost of living is increasing, and they need encouragement to buy more from specific brands. two-thirds of Australian shoppers say they are encouraged to buy better-quality items because of the cashback system (inside retail) example: if you have an online shop, you could set up a reward campaign (like a weekly or monthly reward campaign) and choose a loyal customer who bought 3 times in a month from you. You could give away cash or one of your store’s items to customers. Consider one thing: Consistently strive to stay in the minds of your customers. Some statistics: 98% of American businesses have some sort of loyalty program (Accenture) So, consider at least one form of loyalty program for your business to get attention and brand awareness. 2. Using CRM What is even CRM? Customer relationship management is software with which you can pursue the cycle of sales and customers. You can see the position of the customer in the cycle of sales and try to get them to the last step of a successful sale. Some statistics: 91% of companies with more than 11 employees now use CRM software (superoffice. Also, the increase of 5% in sales to retained customers will lead to an increase in sales from 5% to 95% overall. So, take CRM seriously. Every business on any scale needs CRM to boost sales. Customers need attention, and when the number of them increases, you easily forget many of them. CRM helps you not forget many precious customers in the cycle of sale. Try using a popular CRM software like HubSpot and see the results at the end of your sales cycle. 3. Get viral on Social Media One of the best and hardest strategies in marketing is going viral on social media. If you can get viral, you could easily get heavy traffic and boost your sales. Why is it so hard? Today, billions of videos are posted every day on TikTok, YouTube, and Instagram. Competition with all these kinds of videos is hard. Remember one thing: viral marketing (virus marketing) means no one notices you are advertising your product or brand. It can be a dance challenge, an eating-specific snack challenge, or anything fun for people. There are many cons to this kind of marketing: low costs of marketing widespread non-aggressive It’s a little bit random and risky, but it’s worth trying to set up viral marketing and see what the result is. How can I boost sales using cash back in my business? On the Crypto Dorea platform, we provide everything you need to set up an easy cashback program for your most loyal customers. You can customize it in any way you want for each product or service category. Visit Crypto Dorea and get the latest update on the product. Articles 2024customer retentionmarketingsalestartegy