5 Tips for Growing a Business from LMG Global

    TORONTO, ON, January 19, 2015 /24-7PressRelease/ -- LMG Global is an outsourced sales and marketing firm based in Toronto, Canada. The firm specialize in a unique form of direct marketing that allows them to represent their clients' brands in accurate and effective ways. The firm connects with consumers on a face-to-face basis in order to create long-lasting and personal relationships between brand and consumer. This often leads to increased customer acquisition, brand awareness and brand loyalty for their clients. LMG Global work on a 'no win, no fee' basis, that allows their clients to use their services without any financial risk to the business, even in times of economic downturn.

About LMG Global: http://lmgglobal.org/about/

Due to the nature of their work, LMG Global received a high demand for their services throughout 2014 which led to the firm revealing expansion plans for 2015. The firm have worked with a number of successful clients, including Fortune 500 companies and worldwide non-profit organizations. Through building a positive reputation and providing an excellent standard of customer service the firm believe that they will be able to open a further two branches in other major cities across Canada in 2015.

To help businesses achieve the same success, LMG Global has highlighted their top five tips to achieving business growth:

Know the business
The best customers are already existing customers. It's important for businesses to look at their current resources and skills to know their possible options for change instead of rushing into growth. LMG Global suggests that businesses identify any weaknesses in their current offerings by measuring customer feedback and take their suggestions on where the business can be improved.

Marketing is key
The first way to grow an SME is to fine tune its marketing. LMG Global says that this means having a thorough marketing plan with targets, timetables and a budget firmly in place.

Consider the options
There are four broad strategies for growing a business: Extend an existing product or service to new customers; offer a new product to existing customers; cross-selling existing products to existing customers that are not already buying those products; or sell new products to new customers. LMG Global says that it is important to test the effects and costs of all of these options before deciding which is best for the business.

Is exporting possible?
According to a recent survey only one in five SMEs export but those that do are 11% more likely to survive. And new research has revealed that 78% of SME exporters believe 2015 will be better than 2014 for selling abroad. LMG Global suggests that the internet has made it possible for SMEs to look into new opportunities in developing economies.

No quick fix
LMG Global warns businesses that growth - especially abroad - takes time, effort and finance to get right. Research is crucial and businesses must be sure there is a real demand for their products or services. Businesses must also be aware of any competition.

LMG Global are direct marketing specialists and provide a superior level of customer service in order to generate quality sales and deliver a high ROI to their clients.

Follow @lmgglobal on Twitter and 'Like' them on Facebook.

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