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April 13, 2009                                                 

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Are you looking at dropping your prices to stimulate more business? While buyers are looking for bargains more than ever, this isn't necessarily the right strategy for your business. Read the full story in Pricing Strategies for the Downturn. Also this week, discover how creating something new can help attract new customers in A Strategy When Times are Tough.
 
Finally, take a look at Newsflash for news and announcements from local businesses, and if you know of someone else that could benefit from the information in Brainstorm, forward this issue by clicking on the link below.  
 
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SALES & MARKETING
Tap into new markets with social media
Twitter, blogs and Facebook are becoming enterprise tools in their own right. Use them properly and they can become a critical piece in your marketing strategy.
Pricing strategies for the downturn
Although sales and discounts seem to be the order of the day, vendors have more opportunities to maintain prices than they may think.
Sales training: The power of questions
Salespeople often want to know how they can better control the sales process, and although most have been trained to spend the majority of their time talking about their product or service, the most effective way to control the sale is to ask more questions.
Small business forced to change, or die
From restaurants to bike stores, now more than ever it's imperative for small businesses to be flexible and make radical changes to survive.
TECHNOLOGY & INNOVATION
A strategy when times are tough: "It's new!"
They say money is the mother's milk of politics. In marketing, it's new products, meant to pique the interest of consumers and stimulate demand at stores, restaurants, and dealer showrooms.
Making the entire globe your backyard
"The world has shrunk. The market is one and the sooner people get that the better." Those are the words of John Juricic, partner with Etraffic Solutions, a Canadian online learning company based in Victoria.
Hooked on free web services? Don't be.
Free access to e-mail, bank accounts and networking sites - now taken for granted - may soon be a thing of the past as businesses that are offering these services start to consider fee-based models.
LEADERSHIP
Recession delivers timely wake-up calls
The financial crisis shook these 3 entrepreneurs out of complacency, and their renewed focus has delivered dividends by making their businesses better and stronger than ever.
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Newsflash! NEW FEATURE
news & notes from local businesses 
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view our archives for all issues published in 2009
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