In order to succeed in the business of selling vacuum cleaners, there are several things you need to do.
Firstly, in order to succeed in the business of selling vacuum cleaners, you need to ensure that you get your marketing right. You need to ensure that the business has the exposure it needs, to thrive. You need to ensure that as many people as possible know that you are selling vacuum cleaners: in order to enhance the probability of at least a few of them actually coming to buy the machines on any given day. You also need to ensure that you actually address people’s specific needs, in your marketing campaigns. You need, for instance, to go beyond telling people that you have the best vacuum cleaners. You need to be more specific in, say, telling people that you have the best vacuum for pet hair (if research reveals that that is specifically what they are looking for).
Secondly, in order to succeed in the business of selling vacuum cleaners, you need to ensure that you manage your business’ finances in the right manner. The idea, as in any other business, is to minimize the costs, and maximize revenues: though you must not be overzealous, as being overzealous could backfire badly. You have to be reasonable, in the measures you put in place while trying to either minimize costs or to maximize revenues.
Thirdly, in order to succeed in the business of selling vacuum cleaners, you need to ensure that you manage the workers you engage in the business in the right manner. Do you understand why big corporations, such as Apple, Walmart and Coca Cola are successful? Part of the reason lies in effective human resource management. Ask any business professors at a top school such as the Wharton School of Business, and they will tell you as much.