POSTS TAGGED : business profits

The CEO’s Blueprint: Transforming your Online Presence into a Profit Powerhouse

Without question, a strong online presence has become a necessity for businesses aiming to thrive and dominate in their industries. The digital landscape is continuously evolving, driven by changing consumer behaviors, technological advancements, and fierce competition. Understanding this fluid environment is the first step in transforming your online presence into a significant source of profit.

Businesswoman building online presence

photo credit: Sora Shimazaki / Pexels

The current online business environment is a universe where traditional rules of business can be bent, broken, or rewritten. Trends such as mobile shopping, personalized marketing, and immersive experiences are reshaping how consumers interact with brands. And your competitors are just a click away, making an exceptional digital presence crucial for standing out and captivating your audience.…

Continue reading →

5 Ways To Increase Your Business Profits Through PR

Public relations (PR) is a bridge between a company and the public to grow the business. It engages the public and builds a positive company image but it also develops a connection and trust with your customers which builds brand loyalty.

Public relations

Nowadays, PR is not limited to just press releases. Many other innovative tactics have been introduced such as social media marketing, influencer marketing, and video marketing. Today, we are going to share how these tactics can help you increase your business profits through PR.

1. Share The Company’s Story as Industry Leader

PR can share the company’s story and position your brand as an industry leader.…

Continue reading →

Is the Ultimate Goal of a Business to Maximize Profits?

Economic theory assumes our decisions are often based on the anticipated results. If we’re able to maximize an outcome, we choose the maximizing option.

Maximum

As consumers, we maximize utility, making purchasing decisions based on the greatest value for the lowest cost. The same is true for productivity, searching for the greatest possible output for the least amount of input. And as small business owners, we try to maximize profit where revenue at least equals costs.

In other words, we’re simple “maximizers.” But are we really?

The reason we make one choice over the next is rarely that simple, which then begs the question of whether small business owners really maximize profits — or if this should even be the ultimate goal.…

Continue reading →