If we are being honest with ourselves, we can agree that scaling your business is hard. It takes considerable effort. In the beginning, you take on so many responsibilities. It means dealing with sales and marketing. It involves having to interact with customers on a daily basis. And so much more. At the end of the day, it takes a toll on you.

Whether your brand is new, or has been in business for a while, growth is essential if you’re to thrive. Businesses that don’t grow soon disappear. The following are some simple but great growth hacks that will skyrocket your business growth to the next level in a short while.

Better and easier payment channels

A payment channel is any way that a customer can make a payment, or anywhere that YOU (the merchant) might accept a payment. Payment channels are specifically associated with how the payment is made. As a merchant, having little or no hassles when it comes to payment is the sweetest feeling you can ever imagine and the smile your customer awards you with at the end of a transaction becomes the cherry on the ice cream. With digital payment platforms like Waya PayChat’s scan to pay feature, you get to enjoy fast and seamless transactions as a merchant. All your customers gotta do is scan your merchant QR code with their scanner on their Waya PayaChat account and money would be transferred from their Waya Wallet to yours.

Form Strategic Partnerships

Take a look at this scenario.

Madam A sells Ewa Agoyin

Madam B sells soft Agege bread just down the street from Madam A.

Madam A noticed that a lot of her customers always wants to eat beans and bread but don’t patronize her enough because she doesn’t sell bread. So, she walks up Madam B and proposes a partnership between both of them. While her customers buy beans from her, Madam B will supply them with bread. That way, business blooms for both of them. See wisdom!

Strategic partnerships with the right companies can truly make a world of difference. It could allow you to reach a wide swath of customers quickly. Identifying these partnerships might be easier said than done but you need to find companies that complement your own, contact them and propose opportunities of working together.

Learn to Copy and Paste Your Competitors plans

I know what just crossed your mind now. ‘’Copy and paste my competitors work? As how? Why?’’ Calm down. We aren’t saying you should steal the Formula X to their business. Take a look around your industry. Watch what’s going on. Study your competition. Follow what works for them. Your competitors are selling their products to the same target market you are and if what they’re doing is working, you can best believe it could work for you too! This is a strategy in itself that can greatly increase the effectiveness of your sales.

Growth hacking is all about finding new shortcuts to grow your business and bring in more consumers. It is a completely ethical and efficient practice, fear not. If you can follow the tips above, you will watch your business grow from the bottom to the next level. This will help in taking your business to the next level.


Waya PayChat app is available for download on Playstore
https://play.google.com/store/apps/details?id=com.wayapaychat