What’s Your Business Cycle and How Do You Use It?

Happy New Year!

This might seem a little bit late in the year to be wishing you ‘happy new year’. But you see this is my first week back – after taking 4 weeks off!

I am lucky enough to be able to do this, due to the nature of our offline business.

We run a number of media production companies and I know in December, business is… how should I put it? ‘Slow’. So what better time to go and re-energies those batteries?

This is what I would like for you to do this year, if you haven’t already done so… And it does not matter whether you are a freelance, business owner with a team or a ‘one man’ band.

Map out your ‘business cycle’ for your industry.

How to work out your business cycle: folakebee.com

By doing this, you will know:

  • which of your services you should be promoting to what target market and at what time of the year.

I am not talking about your sales cycle (that’s for another day). I am talking about… those times when your customers seem to buy more of what you provide & ensuring that you have something (or a combination of services/ products) that meets a type of need –  all year round.

So to give you an example… For our offline business our months are as follows:

  • January to April
  • April to August
  • September to November

These months all have different services – targeting different markets.

Of course some of these services will overlap. However, this will help keep your marketing activities focused and targeted.

Knowing this, keeps you in control – management and cash flow wise. It also ensures that you are talking to the right people at the right time, and offering them exactly what they need.

Now it’s your turn.

Map out the cycle in your industry – attach a product/ service to each cycle and work your marketing strategy around it.

Simples!

PS: Would you like to share your tips on your business cycle? Please use the comment box below. To share is to love 🙂

Advertisements

About Folake Bee

Folake Bee is a soulful creative. She is constantly on a mission to finding alignment between work, being a mother to her 6 year old son and doing what lights her up like, travel, spirituality and writing. She’s had a few major life changing experiences and this has left her on a greater mission to riding her fear and inspiring more people along her path. If you are feeling stuck and would like to awaken - soul, heart and business - you can book a FREE session with folake here: http://bit.ly/2uqKQKV ✨
This entry was posted in Business, Lead Generation and tagged . Bookmark the permalink.

Share your tips and comments.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s