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Questions to Improve Your Business

Running any kind of business requires a lot of self-awareness and self-reflection. Self-awareness helps us use our strengths to their fullest potential and minimize our weaknesses, while self-reflection allows us to improve upon past mistakes. In order to tap into these two qualities and improve your business, ask yourself the following questions to focus your energy in all the right places.

What do I do best? Perhaps you have a unique way of making people feel comfortable, getting them to talk about themselves, and leaving a positive memorable impression on them. Harness your strengths into selling power for your business. Make it a point to chat up as many guests at a home party as possible, and conduct your networking opportunities face-to-face when you can. Whatever you happen to be good at, find a way of incorporating it into your business because you’re not just selling a product; you’re selling yourself.
What is my product’s best solution? The product or service you sell must be the solution to a customer’s problem. Most likely, it has several uses. Decide which is most valuable and desirable for consumers and emphasize it in your demonstration and marketing efforts. For example, your company’s line of educational books for children comes with a trade-in program for customers who make at least one purchase every six months. This solves the all too common problem of children’s rooms being overfilled with books they’ve outgrown. Such a unique and valuable solution to a problem plaguing most parents should definitely be one of the first things a customer learns about your product, as it sets it apart from competitors.
Where are most of my sales coming from? This applies to both your demographic and your method of sale. What is the profile of the customer who is buying the most? (Businesswomen between 25-45 years old, mothers of young children) How are those sales being made? (online, at a home show, through referrals) Analyzing your sales will help you maximize your marketing efforts so you get the greatest return on your investment. It will also reveal any dead-ends you may have been unknowingly pursuing.

You’ve asked the questions; now what do you do with the answers?

Make the best use of this information by creating an action plan. Set a goal (be specific with numbers and deadlines), create benchmarks, plan rewards for yourself, and map out your path to completing the goal. If your goal is to implement a target marketing campaign, use the information you have about your strengths to come up with a way to execute the plan. Identify the solutions your product provides in order to hook your target market, and plan sales methods that will reach them. Now your business approach is based on proven information about just a few elements which are essential to improving your business.

Being aware of yourself and being willing to reflect on past actions are two qualities that can make you a strong business owner. Remember to always be honest with yourself about the answers to these questions, and commit yourself to putting your action plan into effect. What questions do you think should be added to the list? Please share your ideas below!

Free e-book “Business Owner’s Road Map to Success.” It has over 50 pages of techniques for everything a small business owner needs to master, from business planning and ethical selling to a success mindset. It’s all there and it’s free for you. To get it, just “Like” our Facebook Page here: http://on.fb.me/KsIN6P Pass it on!

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Techniques to Get Motivated

Techniques to Get Motivated

Motivation, for most people, comes from within, but there are techniques you can use to get moving. Running a business requires a great deal of self-discipline, so it can be hard to maintain that all of the time. Here are some suggestions for getting motivated and staying the course.

Set your goals and put them in writing. Identifying your goals is a great start to achieving your dreams and making them happen, but if you aren’t putting them in writing, they can lie dormant in your subconscious forever. The act of writing down your goals is a call to action that will drive you to take the steps necessary to accomplish them. Tip: When writing these goals, be specific about any numbers involved; also, include a completion date. For example, if your goal is to increase the number of times you share your opportunity every month, be specific about how much it needs to increase by. “I will share my opportunity 5-7 times per week,” is a much more specific and attainable goal than “I will share my opportunity more often.” The easier your goal is to visualize, the more motivated you will be to achieve it.
Use benchmarks. Much of what is involved in a direct sales business requires long-term projects and objectives. It can be difficult to stay on track, so implement benchmarks to keep you focused along the way. Using the aforementioned goal of sharing your opportunity 5-7 times per week, create a benchmark of 1-2 per day. By doing so, you won’t let the entire week go by and feel like you have to cram it all in to meet your goal. Create benchmarks that are not impossible to meet, but challenge you enough that you feel satisfied with your work, and tailor them to suit the needs of your goal.
Reward yourself. We all need and want something to look forward to. Many nutrition experts suggest that people who are trying to lose weight reward themselves in non-food related ways each time they achieve a goal. The anticipation of a meaningful reward can be a very effective motivator. Not only will it help you reach your immediate goal, but it will help you stay on the path to achieving any long-term objectives you have set.
Read and/or listen to inspirational people. There are a ton of books out there written by motivational speakers both in the sales industry and not. Take some time each week to read a bit or listen to them on your iPod. You can learn a great deal from those who have been where you are, and sometimes all we need is a little extra push from an outside source to keep us on track and get us re-energized. Think of it as another form of professional development.
Focus on excellence rather than perfection. If you set out to be perfect, you are setting yourself up for failure because nobody is perfect. Even the most successful people in the world didn’t get where they are without making mistakes along the way. So instead of focusing on perfection, strive for excellence. You will then be able to celebrate your own personal and professional victories, large and small, and continue reaching for more. You may be your own worst critic, but you should also be your own best cheerleader.

How do you find self-motivation? Please share your ideas in the comments section below!

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Leverage Your Productivity

Which would you rather do: spend two hours completing a task or get it done in 45 minutes? You may be spending more time than is necessary on various projects and day-to-day responsibilities for your business because you may not be working efficiently. Take a look at the list below to learn how you can make the most of your time and increase your productivity.

Find your best time of day. We all have a certain time of the day during which we are the most energized, motivated, and therefore productive. For example, if you’re a morning person, plan on tackling the most challenging of tasks as soon as you begin your day. Not only will you be able to make the most out of your peak time, but you will also be able to enjoy the remainder of your day much more because you already completed the hardest part. On the other hand, if you know you work best after lunch, make a point to eat something healthy and filling enough to give you the fuel you need to kick the next chunk of time into high gear. By identifying when you work best, you can plan your day around those times.
Focus on what makes you money. It isn’t difficult to side-tracked with several smaller tasks like answering emails, updating your Facebook status, and de-cluttering your filing cabinet. Although these are all things that need to be done regularly, when time is of the essence, pour your energy and attention into things that actually make you money. Call your referrals about hosting a party, book a meeting with a prospect to share your opportunity, or work on your demo for that upcoming vendor sale. Money-making activities should always be a top priority when creating your day’s agenda.
Keep a time journal. Whether your do it electronically or by hand, keeping a time journal can be a very helpful tool that you can use to improve your work habits. Document every activity for at least a full work week. Don’t forget to include snack breaks, time spent sending and receiving personal texts, and anything else that you think only take a second. Those “seconds” quickly add up, and by seeing in writing how you have been spending your time, you may realize that a change is in order. On the other hand, you may also find that you are generally good at tuning out distractions, but certain times of day are less productive for other reasons (less energy, something unexpected comes up). Analyze your time journal to further improve your good habits and eliminate bad ones.
Take advantage of what your upline has to offer. One of the great things about the direct selling industry is the access you have to people with experience and success doing exactly what you’re doing. Reach out to your upline to help you stay on task. Ask them for tips on staying focused, how they manage a typical day, and what strategies they have used to increase their own productivity. Your upline is a wonderful resource that can both help you directly or refer you to others who can. Do seek them out to help you make the most out of your day.

Leveraging your productivity requires knowledge of your own strengths and weaknesses, a willingness to reflect and adjust, and motivation to succeed. How do you leverage your productivity? Please share your ideas in the comments section below!

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How to Run a Successful Direct Selling Business (and a Free Gift for You!)

How to Run a Successful Direct Selling Business (and a Free Gift for You!)

More and more people are turning to direct selling to supplement their incomes. And it’s no mystery why. Benefits like flexibility, training, and low cost of entry make this as attractive option for millions of people around the world.

While there are a variety of factors that contribute to a successful direct selling business, it’s important to focus on the basics to succeed in this unique business model. It doesn’t matter if you are just launching your business or if you have been running your business successfully for years; a mastery of the basics will allow you to maintain and grow a profitable business for as long as you would like to.

Here are some keys to running a successful direct selling business:

Keep your calendar full. This obviously depends on how much work you want. Let’s assume you would like to have a consistent schedule of three parties per week. Your goal for each party you complete should be to replace it with another party. If for some reason that does not happen at that particular event, find that booking elsewhere. The same goes for one-on-one sales appointments. Set yourself a weekly number you want to maintain, and hold yourself to it. Don’t stop until you’ve got the dates on your calendar. Your business is a business, so time, planning, and effort are all required for turning any kind of a profit on a regular basis. Be proactive and schedule as many sales opportunities as you need to meet your goals.
Make each sales appointment count. What this means is that each time you do a party or sales appointment, you should approach it as freshly as you did for your very first one. Even if you’ve done your sales presentation hundreds of times, even if you’ve demonstrated your products hundreds of times, etc., your enthusiasm and commitment to your customers should always be strong. To prevent your own boredom with your sales “routine,” don’t be afraid to tweak it every now and then. While you don’t want to alter things that always work really well, it’s still necessary to keep it fresh by replacing certain elements with new ideas. Look to your upline and internet resources such as Direct Selling 411 and Between Moms for tips on how to incorporate new ideas into your sales presentations.
Be an expert on your product. No product sells itself. Because of this, you need to know the ins and outs of your product line, especially its benefits. Think of your product as a solution to a problem. When in a sales situation, solving this problem for the customer should be your focus; you are educating the customer so they know why they need it and demonstrating your expertise to show that you are the person they should be buying from. Direct sales companies normally provide additional product information to supplement the standard materials like catalogs and pamphlets, but if this isn’t the case, don’t be afraid to reach out to your upline and even your corporate office. It behooves everyone involved for you to know as much as possible about what you’re trying to sell.
Recruit often. Many direct sales consultants shy away from recruiting for fear of seeming pushy. What they don’t realize is that they are likely missing out on additional streams of income. If you truly believe in your company and the opportunities it offers, then take the initiative to share it with others often. Always be ready to talk about your business in both formal and informal situations. Tip: Create a few scripts to memorize that cover a wide variety of situations. How would you respond if someone making small talk at a birthday party asks what you do for a living? What about if a customer at a party asks how if you enjoy being a consultant? Different situations call for different conversations, so preparedness is essential.

At the Direct Selling Education Foundation, we’re committed to helping you achieve success! That’s why we’ve created a free e-book called “Business Owner’s Road Map to Success.” It has over 50 pages of techniques for everything a small business owner needs to master, from business planning and ethical selling to a success mindset. It’s all there and it’s free for you. To get it, just “Like” our Facebook Page here: http://on.fb.me/KsIN6P

Pass it on!

Here’s to your success!

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Creating Additional Income Streams For Your Business

As an entrepreneur, you’re always looking for ways to increase sales and diversify your opportunities. The business world is unpredictable, but especially in times like these, having the security of an alternate income can be a lifesaver if for some reason you experience a lull in business. Fortunately, there are many ways to create additional income without having to shell out any kind of significant investment.

Teaching, coaching, and consulting are all great ways to bring in some extra cash. All you need to invest is your time, which you’ll use to reach out and offer your services, as well as time you’ll need to prepare a presentation of some kind. If teaching interests you, reach out to local community colleges, libraries, or recreation centers with an idea for a class, workshop, or seminar. Create multiple sessions and offer prospective students a package deal. If teaching isn’t your thing, you might be more comfortable with one-on-one coaching or consulting. Using your skills and experience, you undoubtedly have a lot to offer someone who is just starting out in small business ownership or something else related to your field. The possibilities are limited only by what you’re willing to do, and the result can be very profitable.
Start a blog. Writing a blog can be an effective way to share your expertise with others, market your business, and attract more customers. You don’t have to limit yourself to blogging; create a website that includes how-to videos, customer testimonials, or even guest posts from other industry experts. Earning money as a result of online content can take some time, but the potential for it paying off is certainly achievable.
Listen to what your customers want. Take the initiative by asking your own customers as well as others in your network about what other services/products they would like to see. For example, if you’re in the business of creating gift baskets, ask your customers what other service/product they would like to see. A customer might suggest fun gift baskets for kids. This might be an idea worth exploring. Ideas from customers are often your best source of creating an additional income stream.
Explore your other interests and skills. Make a list of all your hobbies, as well as all the things you do around the home, for your kids and through volunteer work. For example, you might list doing pedicures with your daughters. Since you sell cosmetics, this might become a service you offer. Or besides selling kitchenware, you also love healthy cooking and you might sell an easy to follow healthy cooking program. You want to look for things that compliment what you are doing now and other interests and skills you possess.
Other ideas to explore.
- Create your own How-To-Videos
- Sell other services that compliment your current business
- Personalization services – gift wrapping, sewing, special delivery
- Create partnership with local businesses

With some effort and extra time, you have the ability to find additional sources of income. This revenue can help you get through a slow season or simply help you reach your personal and professional financial goals faster (not to mention expanding your contact list for your primary business!) What other ways can you create alternate streams of income? Please share with us below!

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No Sales? Tips to Make Sales

No Sales? Tips to Make Sales

If you are experiencing a lag in sales, the first thing to do is use your direct sales method to your advantage. Because your business model relies on person-to-person interaction, emphasize your genuine concern for customer satisfaction and the relationships you have built to generate sales. No matter what product or service you offer, here are some tips to increase your sales in everything from health food to handbags.

Refocus on what people are buying. Consumers’ needs are always changing. Consider the explosion of smartphones purchased in the last five years. Once the major manufacturers created a product so convenient and affordable, it became nearly impossible to live without. It’s important to always pay attention to the trends in consumer interest. As a direct sales representative, you may not have control over the product, but you do have control over how you market that product. For example, there is a big need right now for people to be able to add more fresh produce into their diets. When marketing your cookware, highlight those pieces that make recipes such as summer squash casserole and broccoli rabe salad easier and more fun to make.
Sell the benefits of your product instead of the product itself. Once you’ve identified what customers are buying, center your attention on marketing the benefits. This will help them understand why it is they want the product. For example, instead of just focusing on the aesthetics of long necklace, demonstrate that its various colors make it a versatile complement to any wardrobe; display all the different ways in which it can be worn for any occasion. When a customer understands the benefits of a product, they will place greater value in it, and therefore want to own it.
Offer something free. This is your opportunity to get creative. Offering something free with a purchase can come in many forms: a free gift on the spot, a free sample of a brand-new product, a voucher for a gift with a future purchase, etc. Again, the focus should be on what the customer wants. Don’t be afraid to experiment with different offers and promotions until you find the one that works best for your product and customers’ needs.
Minimize risk. Everyone can be hesitant before making a purchase, no matter how big or small. Alleviate that fear by minimizing the buying risk. Your company most likely has some sort of guarantee in place, but in certain cases, you can go above and beyond that if possible. For example, say your company offers a lifetime replacement guarantee on any handbag found to have a manufacturing defect. A customer asks you about this guarantee but is disappointed to hear that she would still have to pay shipping costs to return the defective item. Offer to foot the bill for the shipping or offer a complimentary pickup service to save her the hassle of a trip to the post office. The less risk there is in making a purchase, the more likely the customer will be to try it out.

The direct sales industry is all about meeting your customers’ needs. Once you can get in touch with what those are, use your strengths in customer service and your creativity in marketing to increase your sales. Happy customers will gladly share their positive shopping experiences with their friends and family, so satisfaction certainly goes a long way.

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Quick Start to Your Day

Quick Start to Your Day

As a kid, you probably heard that breakfast is the most important meal of the day. As a working adult, you most likely now realize how true that statement is! Just as eating a healthy breakfast gets your metabolism off to a great start, there are other things you can do to give your mind and body the head start they need for a productive day. Try to set up a morning routine for yourself that includes some or all of the following suggestions.

Avoid the rush. This may be especially relevant if you work outside the home. If you find yourself rushing around in the morning for whatever reason, consider waking up earlier. Even 10 extra minutes can make a world of difference. Usually when we are pressed for time, our bodies respond physically: increased heart rate, perspiration, headache, etc. Set your alarm for a few minutes earlier than usual, and try it for at least a week. Once you get an idea of how much better it is for you, you won’t want to go back to sleeping in.
Get inspired by the words of others. Motivational quotes are quick and easy ways to get an inspirational pick-me-up in the morning. Sometimes we get so bogged down in our own responsibilities that we forget to be thankful for what is good in our lives. Take a few seconds in the morning to read an inspirational quote; if you have a smartphone, there are several apps on the Apple, Android, and Blackberry platforms that provide one a day. However, if you’re more conventional, get yourself a mini desk-calendar with a motivational quote for each day of the month.
Use “positivity Post-Its.” The invention of the sticky note has allowed all kind of people to find creative uses for them in all aspects of their daily lives. Try taking out a stack and jotting down a few positive words or phrases that will motivate you, help you handle stress, and remind you of what you feel is important in your job or your life. For example, one man who took a part-time job so his wife could stay home with their two daughters put sticky notes around his home, car, and office that said three simple words: for my girls! Reading those words repeatedly throughout the work week motivated him to continue and reminded him of what was the most important thing to him. Find your positive thoughts in words and phrases and place them in plain sight so that you will come across them throughout your day.
Just breathe. Sounds easy, right? Of course, you’re breathing all the time and not noticing it. However, sometimes our obligations get the better of us and we just go through the motions of our day without taking any time for ourselves. When you first sit up in bed in the morning, try a 2-3 minute deep breathing exercise. Such an exercise can relax your muscles and focus your mind. The internet is full of descriptions of different techniques, and YouTube has a great deal of videos demonstrating these techniques, such as Quick Calm seen here. Give it a try tomorrow morning; you’ll notice the effects right away!

Starting your day off on the right foot will increase your productivity and improve your state of mind. How do you get a jump on your day? Please share your ideas with us below!

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Using Your Strengths to Build Your Business

Using Your Strengths to Build Your Business

Look back on your childhood and think about activities you enjoyed: sports, playing an instrument, performing in a play, etc. Why did you enjoy the activity? Most likely, it was because you excelled in that area. When we have some level of success, it motivates us to continue learning and striving to improve ourselves even further. Applying your strengths to your business is crucial to achieving your professional goals.

Identify your strengths. Believe it or not, some people don’t even know what they’re good at. Make a list of things you do well, even if you don’t think they are relevant to your business because there’s a good chance that you can tap into it for even the most minor aspect of being your own boss. If one of your strengths is that you are well-organized, apply that to anything in your business that requires short or long term planning (marketing strategies, seeking referrals, etc.). Furthermore, if you are good at making people laugh, then use that in your interactions with customers and prospects. People always remember others who make them feel comfortable, so don’t be afraid to let your personality shine through.
Start with who you know. If you know other small business owners or direct sellers, pick their brains about areas of your business you’d like to improve. Don’t be afraid to ask for advice and even for some referrals or contacts if appropriate. Even if you don’t know anyone personally, consider secondary contacts, such as your best friend’s cousin, who owns the local pastry shop. Any connection you have to successful people in business can be an asset to your own.
Be yourself. You may have a lot of competition, but there’s only one you. Both employees and customers alike will be turned off if you present yourself as someone you’re not. People respond well to sincerity, especially in business, where it is imperative that you build meaningful relationships with others. If you’re uncomfortable talking about yourself, get the other person talking about themselves. Ask questions that will give you some more insight about how your product or service can help them, and show a genuine interest in what they are saying. The more at ease you are with yourself, the more the customer will be at ease with you.
Have fun! You’re probably involved in a business because something about it appealed to you. Maybe you have always enjoyed cooking, so being a consultant for a kitchenware company allows you to share your culinary talents with others. Even though owing a business requires hard work and can be stressful, don’t forget why you’re doing it. Take the initiative to share your love of what you do with others in creative, out-of-the-box ways. For example, in addition to throwing a traditional home party for that kitchenware company, host a community cook-off where local residents can demonstrate their own recipes using different products, vote on the best, and the winner can receive a nice prize from your catalogue. By showing others that you enjoy what you do, you spread a positive feeling that people want to be around.

Reflecting upon your strengths and not letting your weaknesses become obstacles are two key elements to small business success. How do you use your strengths to build your business? Please share with us in the comments section below!

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7 Steps to Create a Winning Mindset

7 Steps to Create a Winning Mindset

In life and in business there are many unforeseen obstacles. Some of these obstacles can trip us up and cause us to fall flat on our faces.

How do you get back up? How do you make the pain of falling on your face go away? How do you keep going?

If you have a winning mindset you can overcome these obstacles and use them to motivate yourself to push forward and succeed. Here’s an outline to create your winning mindset.

Define your WHY. List three top reasons that you want to succeed. The first reason should be personal and for yourself, the second reason can be based on loved ones and the third reason could be for anything important to you.
Make a plan. The plan should include short, medium and long term goals. Then include the how, when, where, who and what.
Accountability. Share your plan with a friend or family member that is willing to cheer you on and be honest with you. Even better, get a small group of supportive, positive people who will hold you responsible and keep you on your plan.
Make a daily routine and schedule. A winning mindset is built on momentum. Checking off each thing on your to-do list daily will help you see progress and give you motivation to continue.
Use visualizations. See yourself and your goals as a campfire. Like a fire you need to keep adjusting it, adding wood to keep the fire going and make it big. Every step makes the fire bigger and sometimes a misstep or problem may diminish your flames. That means you need to adjust quickly and keep the fire going.
Make a plan for when you fall. Like with any injury you will need time to heal, to evaluate what happened and maybe some physical therapy to get back to full strength. Have a system in place that you’re comfortable with to help you evaluate and learn from your mistakes. You could keep a journal, take a walk or draw a map. See mistakes as detours that help get you where you want to go more quickly.
Perspective. Goals are destinations and mistakes/missteps are detours. You will get lost from time to time and sometimes you’ll speed ahead. That’s the nature of a journey. It doesn’t matter how you get there, as long as you get there. Having patience will give you the long-burning fuel you need to reach your destination.

Creating a winning mindset is like being a great baker: it’s part science, part self-confidence and part ingenuity. The science is in the plans you make, the confidence is in the belief in yourself, visualizations and your perspective, and the ingenuity is in finding ways to get things done.

Did we leave anything out? What else would you include in a winner mindset? Please share with us in the comments section below!

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Tips to Generate Business

Tips to Generate Business

Whether you are just starting out or simply looking to light a fire under your bottom line, it may be time to look for more ways to generate business. Don’t forget about the tried and true, such as word-of-mouth marketing and social media, but you should also look for alternate avenues to attract more customers and increase your profit. Read on for some helpful suggestions.

Use scripts to be more effective. Flying by the seat of your pants isn’t always a good idea, and using scripts can help prepare you for the unexpected. For example, before reaching out to a prospect, write out a few responses to questions the person may ask or concerns that he or she may express. The act of writing it down and even practicing saying it will help you exude the confidence and capability needed to close the deal. Find out more about how and when to use scripts by clicking here.
Find new leads. Have a plan to find new leads everyday. This can be done in several different ways including via social media, reaching out to current customers, joining local clubs, activities and partnering up with other local business owners. For example, if you write a blog, be sure to end it by asking for questions, feedback and other ideas in the comments section. Respond personally to as many as you can, especially when someone leaves you outstanding feedback, which could possibly be turned into a testimonial. Finally, encourage your readers to share your blog with their friends for even further exposure.
Reach out to current customers for reorders. Reorders should be an additional income stream. Be a good record keeper. You most likely have some kind of purchase history for your customers; take a look at this history for a certain time period such as the last six months. Reach out personally to a few customers. Ask them how satisfied they are with their purchase and suggest other products or services that complement something they’ve already bought. Such a phone call can not only bring you reorders, but also helps build and maintain an important business relationship.
Upselling is a highly effective way to increase profit, especially if you are an expert when it comes to your products and services. For instance, a customer wants to purchase a foot scrub from your health and beauty business. Before she checks out, suggest that she add the massaging cream and travel size moisturizer for a complete foot care kit. Offer to make a gift basket out of it for her, and now you’ve given her the idea that these products would make a great present. The worst thing you can hear is no, but you’ll never find out unless you ask.
Reach out to the community by hosting an event. Open houses, new product demo nights, and holiday celebrations can be the perfect opportunities to socialize more personally with the very people you want to patronize your business. Choose a theme or topic, invite local residents and business owners, provide refreshments and product samples, and most importantly, show your sincere desire to serve their best interests. Hosting events is a great way to introduce or re-introduce yourself to your customers and prospects.

What other tips do you have for generating new business? Please share your ideas below!