Wrong business strategy may lead to failure

Starmix

Popular
Member
Sep 2, 2022
28,289
3,662
Dex
$5.000
Raw Dex
$0.900
Your goal in business is to profit and in doing this you need tactics to lure people in the community to patronise your products. It's not only tactic your main concern but also a strategy which is very effective that even a competitor cannot outsmart it. You have to make sure that it's effective or may turn destructive like for example giving daily sales to all items thus landslide sales happen forgetting that you make a mistake. It could be sales daily that start from 5 percent not 70 percent.
 
AgoraForo - Digital Marketplace & Freelancer Forum

nomad

Moderator
Moderator
Member
Jun 22, 2022
9,934
489
Dex
$0.000
Raw Dex
$3.600
You need to sell the right product to the right audience at the right time. If you miss this important strategy of starting and running a business, you will not be able to become successful
 

Starmix

Popular
Member
Sep 2, 2022
28,289
3,662
Dex
$5.000
Raw Dex
$0.900
if you are a busiess owner and careless about your strategy, then most likely you will not gain in a day or week. It is best to check your strategy if sense customers are coming and if not, change it right away.
 
Last edited:

eldavis

Very Familiar
Member
Sep 4, 2022
13,792
636
Dex
$0.000
Raw Dex
$9.223
There are so many businesses out there with lots of potential to make real money but due to wrong business strategy they are not able to make anything out of it.
 

Stardom22

Very Familiar
Member
Sep 1, 2022
11,971
553
Dex
$13.000
Raw Dex
$0.575
Of course yes. For every successfully business there must set place the right strategy and procedures for the growth of the business. Fail to which it leads to failure for the business.
 

Starmix

Popular
Member
Sep 2, 2022
28,289
3,662
Dex
$5.000
Raw Dex
$0.900
There is no second thought about a business that has a senseless business strategy, it surely falls to the ground . The business owner must check the strategies of his competitors and if they have the same, that is the reason why his strategy fails, perhaps the competitor adjusts his and yours does not. You continue the same strategy despite senseless.
 

arunima

Notable
Member
Nov 28, 2022
2,240
312
Dex
$5.000
Raw Dex
$0.245
It's said that a right strategic move at right time can take the business to a new height and a wrong one can bring it down in no time. As a business owner, one has to be always alert about the changes around and tap the right opportunities at right time. Even when a business is not doing good, one right strategic move can revive it and bring it back to track
 

AmazingJob

Notable
Member
Sep 11, 2022
2,856
841
Dex
$0.000
Raw Dex
$1.760
if you are a busiess owner and careless about your strategy, then most likely you will not gain in a day or week. It is best to check your strategy if sense customers are coming and if nit, change it right away.
I agree. Business owners should change the strategy if it is not working for most customers. Having the correct strategies would be best for the business to grow. Failure is okay but if repeated multiple times, strategy should be changed.
 

eldavis

Very Familiar
Member
Sep 4, 2022
13,792
636
Dex
$0.000
Raw Dex
$9.223
I agree. Business owners should change the strategy if it is not working for most customers. Having the correct strategies would be best for the business to grow. Failure is okay but if repeated multiple times, strategy should be changed.
True, this is why business owners should always have a backup plan for their business. Even if the original plan is going well, still create a backup plan just in case anything goes wrong in the future.
 

Starmix

Popular
Member
Sep 2, 2022
28,289
3,662
Dex
$5.000
Raw Dex
$0.900
I agree. Business owners should change the strategy if it is not working for most customers. Having the correct strategies would be best for the business to grow. Failure is okay but if repeated multiple times, strategy should be changed.
As much as possible, the business owner must do daily monitoring not only the time when he senses something goes wrong in his business like low sales and worker efficiency. He must act now or never.
 

Starmix

Popular
Member
Sep 2, 2022
28,289
3,662
Dex
$5.000
Raw Dex
$0.900
It's from a business strategy a business booms. Many customers will be attracted but if the strategy is wrong, the business becomes malnourished.
 

Rubz

Notable
Member
Sep 12, 2022
1,263
15
Dex
$0.000
Raw Dex
$3.875
Wrong business strategy will definitely lead to business failure. This is why it is always important to have the right business strategy for one's business.
 

Shavkat

Very Familiar
Member
Sep 7, 2022
12,800
925
Dex
$0.065
Raw Dex
$4.825
It is inevitable that every business can have a failure in terms to having their business strategies. Despite of these things, they still need to know how to handle them.
 

Starmix

Popular
Member
Sep 2, 2022
28,289
3,662
Dex
$5.000
Raw Dex
$0.900
Adhere to the most effective business strategy to ignite the interest of the people in the community. They are the assets in our business so let's give them the best as found on our strategy.
 
Back
Top