It might not be easy to expand the range of products and services you offer. You may want to ask people who already offer the kind of services you are about to add to your current business. Find out whether you need any special skills, because it might not be obvious. Stop the decline of your profits and try to monetize your knowledge by selling DVDs and MP3s with training sessions. In a recent article the businessknowhow.com website advises us how to generate similar kinds of additional revenue.
Extension of current services
Think about remaking the products and services you offer. Maybe you could offer some additional services, or include them in your current packages of services. If you are an accountant, you can think about adding tax and financial planning services, providing help with various accounting software setup and its settings and other related activities.
Attend craft shows and fairs
If your company does work in arts and crafts, put on a great show at fairs. Make the audience excited and want your services and fine products. Be prepared for questions about your skills – where you get your patterns, has it been difficult to learn the craft? You could prepare some courses, in person or through video lessons. Sell DVDs and maximize what you can offer to your customers. You can also offer tools, machines, paints and raw materials. People like to have handcrafted items that they have created themselves. Teach them how to create their own crafts and show others how to be skillful. You can also sell your patterns and whole kits for newbies.
Listen to your customers
Watch how they shop and what questions they ask. You may catch some hints about what they could be interested in. Ask them for feedback – what are they missing and what could you provide them with? Ask what they like about your store and what they think could be better. Online shops can take advantage of customer surveys and other convenient ways of getting to know what customers think.
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