We had a great start to the new year with work coming in from our existing and referral clients. The fresh batch of content provided us a glimpse of the strategies companies had implemented to empower their businesses. We gained valuable insights into how companies identified their confirmation biases and how overcoming them to be more open to new ideas helped them make more informed decisions that grew their business.
One strategy was harnessing the power of synergy to increase reach into new markets through stronger branding. Arriving at a plateau stage after reaching their organic growth capacity locally, companies resolved the roadblock by joining larger international business groups as affiliate companies. The synergy created is win-win, with the group expanding its member companies and the affiliate benefiting from a larger brand presence.
Another strategy was businesses leveling up their customer support as a propeller for growth – by revisiting customer success stories, identifying what worked before, studying what the current wants are, companies could then take high-impact actions to offer a better approach to solve customer pain points.
With the aid of technology and data collection, companies could gather valuable information identifying their target customers, investigating what the market and the competition are offering, upgrading know-how to provide innovative customer experience.
We learned a great deal on assessing business strategies, the importance of adopting a growth mindset, and questioning biases that might limit growth. We have researched extensively on the advantages and effectiveness of the waterfall vs the sprinkler marketing strategies for different business models for our content translation. Our client is happy with our efforts.