VALUE ADDITION | WAYS TO ADD VALUE TO YOUR BUSINESS

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Value Addition | Ways to Add Value to Your Business
Value addition has become a common business game changer, adding value is a major business profit driver, a typical example in farming is not just selling harvested fruit but instead converting further into a packaged product like fruit juice, cheese or canned products in essence value addition is a business additive process that further adds value to a product, production process or a service. Below are some value addictive processes and techniques that can help increase your customer base and business brand awareness plus profitability

Value-Added, Value Addition

Increase Delivery Speed | Work Faster Work Better
The first way to increase value is simply to increase the speed you deliver the kind of value people are willing to pay for. Successful people know everybody is impatient. A person who didnt realize that they wanted your product or service until today, now wants it yesterday. People perceive a direct correlation between speed and the value of your offering.

A person who can do it for you fast is considered to be a better and competent person offering a higher level of quality than a person who does it slowly, or whenever they get around to it.

Offer Quality Pristine Products
Create wealth, by offering better quality than your competitors at the same price, remember, quality is whatever the customer says it is. Total quality management can best be defined as: Finding out what your customer wants and giving it to him or her faster than your competitors. Quality does not just mean greater durability or excellence in design. Quality refers, first of all, to utility, to the use that the customer needs to put the product or service. It is the customers specific need, or the benefit that the customer seeks, that defines quality in his or her mind

3D printing can help in the manufacturing industry in the building of portable, instant homes, laptop accessories, crush test dummies, medical prosthetic limbs, car parts, items that require a precision manufacturing processes, you name it. 3D printing can help in cutting production costs for businesses, its an easy way of creating sample models.

Regular Newsletter | Insider information
This is very common when people are selling information as it relates to stocks, bonds, financial information or anything related to information or time specific data. Utilizing this process, you may want to consider a regular newsletter (electronic or printed) that updates customers on a regular basis as it relates to very key and important information that they have to have.

Expert Advice | High Level of Professionalism

Providing expert advice and a tremendously high level of professionalism,lots of consulting organizations, accounting firms and even medical professionals are paid a tidy sum for the level of advice that they provide. However, for you as a sales professional, in order for you to be able to provide value, what you need to do is to understand that you have to provide a level of advice that is significantly higher, more sophisticated and a lot more valuable than that of your competition. What this means is a higher level of sophistication, wisdom and understanding about what it is that you do.