Seeing a Decline in Revenue? Here Are 4 Creative Ways to Reverse It
1 min readPhoto caption: Staying focused on things like consumer trends and providing excellent customer service are two ways businesses can help keep their revenue afloat and moving upward. Photo credit: Getty Images / kate_sept2004. Article by Emily Heaslip. US Chamber of Commerce – October 03, 2022.
When revenue drops, make small adjustments to the way you operate while you assess whether the slump is due to a larger macroeconomic issue.
Earlier this year, Meta (the company that owns Facebook) announced its first-ever yearly decline in revenue. Company leaders attributed the drop to a slowing economy, efforts to restructure the business, and to Apple’s new policy allowing iPhone users to opt out of ad tracking. […]