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Possible Reasons Your Online Business Isn’t Growing

Estimated reading time: 2 mins

How your business performs online is usually indicative of how well you’re faring financially. The internet has made it easy for anyone to start a business but that doesn’t necessarily mean it’s easy to be successful. If your online enterprise has stalled, take a look at these 3 reasons why it isn’t growing and find out how to transform your business into a thriving company:

You’re mimicking your competitors

When you launch any business, it is all too easy to look to your competitors for inspiration. In fact, many business people are confident about launching their own enterprise because of how simple other people make it look. However, copying your competitors or trying to mimic industry leaders isn’t going to get you the results you’re after. 

By leaning too heavily on what other companies are doing, you’re ignoring your own firm’s USPS. Furthermore, you’re failing to bring something different to the table. Instead of echoing what other people are doing, get ahead of the game and let other businesses look to you for inspiration. When you’re doing something different and being innovative, you can push the industry forward, create value for your customers and secure a larger share of the market. 

You’re using old SEO strategies

Search engine optimisation, or SEO, is essential for any business. Users will search for your brand or related products and services online, so you need your webpages to be the first thing they see. The right SEO strategies can help you to achieve this but it’s important to update them regularly. 

The world of SEO and digital marketing is constantly evolving, so there’s a good chance your current strategy was out of date as soon as it was implemented. However, you can get a free SEO audit from Social Fox and find out exactly where you’re going wrong. With feedback from specialists, you’ll know exactly what changes you need to make to enhance your social media activities and secure the top spots on search engine results pages (SERPs).

You’re ignoring your target audience

When you’re creating content or devising a digital marketing strategy, it’s important not to think in general terms. Generating buyer personas to reflect your target audience will help you to have a clear idea of who you’re trying to reach, so tailor your content and methodologies towards them. 

To do this, you’ll need to undertake detailed market research. However, this can easily be done online, particularly if you secure access to real-time market research platforms. Once you know how your target audience thinks, feels and behaves, you can prompt meaningful engagement and connect with them more effectively. 

Grow Your Online Business Now

No matter what stage you’re at with your online business, it’s never too late to grow. Whether you’re an entrepreneur with a great idea, the owner of an SME or you’re on the verge of taking your company global, you can expand your operations and secure your place in the market by keeping these three core principles in mind.

 

About the author /


Simon is a creative and passionate business leader dedicated to having fun in the pursuit of high performance and personal development. He is co-founder of Applied Change, a Business Change consultancy based in the UK. Simon is also an Ambassador for Gloucestershire business. Simon is an Associate Member of the Chartered Institute of Professional Development.

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