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Agra is undoubtedly on its way to becoming one of the smartest cities as planned by the Central Government. It was already a major tourist hub because of the epic Taj Mahal, and now it sees the establishment and growth of many small and mid-sized business.
If you are already in a small business in Agra and looking to expand its customer base further, you will need some viable tips to help your business reach the crescendo.
You can always look up to a business loan in Agra to borrow up to Rs.30 lakh to fund your multiple enterprise needs.
Growing your small business in Agra or any other city in India by expanding your customer base is vital to the success of your firm. Let’s provide you some tips to help you grow the customer base as sometimes it could be challenging to do.
Get to know your niche inside out
Once you are aware of the needs and requirements of your targeted customers, you can develop customized products and delight them completely. You can get in touch with them and ask for feedback so that you can re-plan your products accordingly.
Provide fabulous customer service
Ensure that the customer service of your firm is exceptional you have the skilled employees to treat the queries of your customers urgent and resolve it completely. Once you have them addicted them to great customer service, they will rely on your brand for business as well as recommend you to others.
Retain existing customers and look for newer prospects
You need to have strategies in order to retain and nurture existing customers. Keeping in touch with them over email, newsletter, calling them to events can be done towards this. You should also look for new opportunities get more clients and build a fresh customer base. Striking the right balance between finding new ones and nurturing old is necessary.
Use social media
Almost all businesses – big and small – have an online presence – either with a business or e-commerce website or via social media pages. Majority of youth are online on social platforms these days, and you can engage them with live videos, forums, and AI-bots operated chat sessions. It is vital to increase your customer base because social media has emerged as a powerful tool not only to promote your business but even connect with your customer base and expand it. What’s more, you can easily plan social media events and product planning as per the insights that you get. Yes, social platforms offer detailed insights into user behavior, a key aspect to delight your customer base and laugh all the way to the bank.
Hosting event can go a long way in building customers’ base
Even if you are small business firm, hosting an event that connects with your old and new customers is an incredible way to know your customers deeply. Like this, you can build relationships with them. You can invite some of your loyal customers only if you don’t have much budget and ask them to bring friends. But, why worry about the budget to expand your customer base when you have a business loan in Agra to help?
Business loan in Agra can help you out
A business loan in Agra is a unique facility offered by leading banks and non-banking finance companies (NBFCs) to help entrepreneurs establish and expand businesses.
As a result, you can expect to borrow up to Rs.30 lakh at a lower rate with a host of benefits such as:
Higher loan amount –
Rs.30 lakh is available to borrow to cover vital business needs.
Flexi loan facility –
You can borrow as many times as needed from your total amount and pay only interest as EMIs. Rest money settles at loan completion.
Flexible tenor –
You get up to 96 months or 8 years to spread the loan cost and repay in smaller EMIs, helping you never feel the loan burden.
Online loan access –
Via the digital customer portals of the lenders, you get to access loan information from anywhere and 24/7.
Leading lenders like Bajaj Finserv offer you all these benefits with special pre-approved offers lined up for you so that you can get access to capital easily and quickly.
The Bottom Line
So, some of the crucial tips to expand your customer base for your small business loan in Agra or elsewhere is exposed! You can now forget about worrying about funding issues as a loan for business is also available!
Now nothing can stop your small business from skyrocketing sales and what not! All the best.
By Anuj Pandey
who is an experienced financial advisor and writer. He is well known for his ability to market trends as well as for his financial knowledge.
Member since June, 2018
View all the articles of Anuj Pandey.