Lori Senecal talks about factors essential for the success of a business

A lot of people, especially the business-minded young people prefer venturing into business. Self-employment is the key to financial freedom. Self-employment doesn’t limit an individual on how much they can grow or the amount of money they can earn. An individual is only limited by their creativity and the amount of effort that they put in a particular task.

Recent studies reveal that over half million businesses are being set up every month in America alone. Despite a large number of businesses being set up on a daily basis, only a few succeed. Recent studies have also revealed that about half of the businesses that pick up eventually collapse within five years of establishment.

Various factors contribute to the success or failure of the business. However, there are things that a business owner can do to increase the chances of success for their business. Lori Senecal, an accomplished marketing expert, notes that one of the essential factors that contribute to the success of a business venture is proper advertising.

Lori Senecal notes that advertising is one of the crucial factors that can help to build and solidify trust and loyalty amongst customers. Advertising also helps a business to set apart from its competitors. Lori Senecal also notes that businesses should be ready to embrace technology. New technology helps a company to reach a bigger audience, it is more convenient, and it is flexible when compared to other forms of marketing.

Lori Senecal notes that a business needs to be creative and also strive to meet the consumer needs if it is to succeed in internet advertising. Some of the most modern methods of advertising include the use of social media such as Facebook, YouTube, and Instagram. Facebook has over 1.2 billion users, which makes it a great platform for a business to engage with their customers.

About Lori Senecal

Lori Senecal is a visionary leader and a game changer. Lori is an innovator where she has created numerous advertising strategies that help businesses to achieve profitability. Her efforts to change the advertising industry has earned her a lot of accolades over the years. Follow her on Twitter

See more: http://www.adweek.com/tag/Lori-Senecal/

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