To boost turnover, entrepreneurs can consider the following strategies:
Expand Product Line: Introducing new products or services can attract more customers. Enhance Marketing: Investing in marketing campaigns to increase brand awareness and reach. Improve Sales Channels: Utilizing multiple sales channels such as online platforms, physical stores, and partnerships. Customer Retention: Implementing loyalty programs to retain existing customers and encourage repeat purchases. Competitive Pricing: Adjusting pricing strategies to remain competitive without compromising profit margins.