profit,

  • Sustaining Profit - Business English

    How to Sustain Profits by Creating New Products and Services Related to Your Business

    One of the most important ways to sustain profits in any niche-related business is to create new products and services that your targeted audience will be eager to buy. With a bit of effort, you can accomplish this in a number of ways.

    The most obvious is the new product launch. If you know your niche well, chances are you should have a pretty good idea of what your customers and potential customers really need, and how much they are willing to pay for it. In other words, know your niche and you will only create products that you are certain will sell.