Business Growth Strategies & Tactics including New Products
Business Growth Innovations has an extensive track record of successfully implemented growth strategies and tactics that have built Fortune 500, Forbes 1000, Private Equity Portfolio, Middle Market, New Venture, Nonprofit, and Family-owned businesses. Our team’s collaborative, qualitative, and quantitative approach achieves your desired top and bottom-line goals.
Analyze, Optimize and Thrive.
Our team has strong experience and success in:
- Market Penetration – customer development through sales strategies, marketing campaigns, customer service improvements and share-growth promotions
- Business Development – new customer cultivation and incremental revenue generation
- Market Development – further development of existing target audiences, geographies, channels, verticals and products
- New Products and Product Line Expansion – idea generation and evaluation, new product creation including naming, messaging, packaging, product formulation, market research, refinement and launch (with more than an 80% Success Rate in the market)
- M&A as well as Strategic Partnership Support – incremental growth opportunities including integrations, due diligence and positive organizational change
Key elements of strategic planning facilitated by Business Growth Innovations include:
- Profit and Revenue Projections for Multiple Strategic Initiatives – to provide growth over several years
- Timing and Likelihood of Success Probabilities – for each strategic initiative
- Investment Projections – capital $, expense $, people, systems and processes, etc.
- Risks and Returns – estimated for each project and weighted to determine optimal allocation of company resources that balance risk, investment and R.O.I.
- Overall, the Best Sustainable Profit Strategies are Selected and Developed for Near Impact and Longer Term Growth – including tactical scenarios for existing and new customers, new products, new channels, new geographies, market tests and management/employee alignment incentives