How to grow your business with Powerlinx

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4 ways to grow your business with Powerlinx

Powerlinx is constantly striving to be the world’s most advanced business matching platform and an invaluable resource to business development teams. 75% of CEOs say strategic partnerships are essential to their growth, but more than half report trouble finding and connecting with partners. The fact is, companies are missing out on new strategic partners because they lack the resources and networks of larger firms and we don’t believe that’s right. There are many ways to use the Powerlinx platform to maximize your value and growth – here are a few places to start:

 

Expand into new markets

The thinking behind expanding to new markets is a simple one.  New markets means more customers which means more business. Actually achieving that expansion is far easier than said and done. Expanding to new markets will require reevaluating or creating entirely new supply chains. More input will be required for suppliers and higher outputs will be needed from manufacturers. Businesses will need distributors to ship products quickly and reliably, and businesses will have to build a new network of local vendors and retailers to best sell the product to these new consumers. It’s a staggering process to undertake, one made far easier when you can instantly evaluate partners in any region on Powerlinx. Rather than spending valuable time and resources on consultants and physically traveling, Powerlinx is giving business development teams the ability to build supply chains from the comfort of their office.

 

Find and be found by new clients

The Powerlinx platform boasts millions of companies from all over the world. And each and every one of them is looking to find and be found by potential partners.  Joining the Powerlinx community is an highly effective way for a business find new clients in specific need of that business’ skills. Explore thousands of Opportunities on Powerlinx reveals the depth of how strategic partners help assure stability and growth. On Powerlinx, a firm looking for a new manufacturer could very easily find a warehousing partner in that local area.

Powerlinx users should treat their profile pages like a digital showroom. Your profile is another tool in establishing a digital presence and increase your SEO score. A good profile will include photos, a link to the corporate website, and thorough information on the business and its goals. A potential partner should be able to find everything they need to know on your Powerlinx profile. When strategic partners are looking at you, your profile will be the first thing they see, and you only get one chance to make a first impression. A complete and robust profile also improves the quality of the business matches. The more information a company provides about itself and its goals, the more compatible the matches that Powerlinx’s algorithm will provide. All of this is essential to being found by new clients and customers.

 

Find better partners with big data analysis

Powerlinx’s leadership offers unparalleled big data experience to users. We’re is using big data analysis to take the guesswork out of connecting with partners. Traditionally, businesses enter partnerships with little knowledge as to the other’s reliability or effectiveness. Powerlinx wants to put an end to this messy guesswork. With the proprietary PowerScoreTM algorithm, businesses can instantly read a quantitative measure of their compatibility with a potential partner. The Powerlinx system analyzes dozens of metrics and companies’ stated goals to recommend the best supply chain partners and investors. If a business is unhappy with their current partners, Powerlinx represents the best hope for finding new partners, driving down costs, and creating long-term, mutually beneficial relationships. Big data is an invaluable tool to making business operations and partnerships more efficient and effective than ever.

 

Outsourcing & focusing on core competencies

For many small businesses, their small size is a crucial advantage.  Small teams are able to move quickly and responsive to changing market trends. But what do you do when your business needs are beyond your size? Powerlinx is the ideal resource for outsourcing manufacturing and distribution to strategic partners. With Powerlinx, companies are able to focus on their core competencies while finding trusted partners to handle other responsibilities. When BH Sensors came to Powerlinx, they were a small technology firm looking to meet production demands without sacrificing the benefits of their small team. By outsourcing manufacturing, they were able to reduce costs and maintain flexibility in their supply chain. Using the Powerlinx platform, BH Sensors was able to find and connect with several engineering service providers. The partnerships they formed on Powerlinx empowered them to scale up production and embark on new projects.

There’s no manual for succeeding at business. Every industry and market is different. Every venture will have a distinct path towards success.  That’s why the Powerlinx platform is a versatile tool with many different ways of helping businesses grow and thrive.

 

Interested in a Powerlinx membership?

Check them out at powerlinx.com/pricing