Growth Strategies by Coaching First Australia

Profitable growth is our business but what makes for good growth?  It is profitability, organisation, differentiation, sustainability and targeted.  There are only five ways to grow your business.

  • Existing products into existing markets.
  • Existing products into new markets.
  • New products into new markets.
  • New products into existing markets.
  • Diversification

At Coaching First Australia, we know there are twenty possible marketing strategies to grow your business.

  1. Change product performance.
  2. Change quality or features of product.
  3. Change advertising – use website.
  4. Change promotion – use website.
  5. Review pricing and margins on a product/industry target market.
  6. Change delivery arrangements.
  7. Change distribution channels.
  8. Improve service levels.
  9. Improve production efficiency.
  10. Improve marketing efficiency.
  11. Improve administrative procedures.
  12. Change the degree of forward integration.
  13. Change the degree of backward integration.
  14. Rationalise product range.
  15. Withdraw from selected markets.
  16. Standardise design.
  17. Specialise in certain products/markets.
  18. Review sourcing.
  19. Buy into new markets.
  20. Acquire new/different facilities.

Is your business ready for growth?  Go to our Contact page and ask us for our growth stress test.

Products/Services

Business Improvement

Expertise, experience and know-how from the members of two world-wide networks.

Business Coaching/Mentoring

Solve business problems to improve your business performance and facilitate your personal development.

Testimonial

“Derrick’s strategic thinking, with our Executive Team, about the critical issues in our business, in terms of industry growth and target markets, continues to help us grow at above double digit growth rates.”
Stephen Newling
Managing Director - Lanotec Australia