Friday, April 3, 2009

HOWTO REDUCE BUSINESS COSTS IN THE NIGERIAN MARKET

A good businessman is always searching for ways to reduce costs.many forms of strategies are adopted to do this .with the present dispensation, the global meltdown and all that its imperative that one has to cut costs.
here are a few tips on how to do this for nigerian marketers.
1.Network
you can network with other businesses offering similar services .exchange ideas,leads mailing lists,and sources .this reduces advertising and marketing costs.
2.bulk sale
if you buy your material in bulk you certainly will spend less than if you bought piece meal many companies offer lower prices when selling in bulk.
3.barter.
try bartering for some of the goods or services in exchange for your own product.this does not involve too much money.
4.always search for free stuff that may help your business.
5.plan ahead
seek out items you may need in future and buy them at sales prices tend to rise with time.
6.negotiate
it does'nt cost anything to negotiate for a lower price also always search fo where to get cheaper or better bargains

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