Your business should have at least one season when you give out rewards and discounts to customers when they buy your products. This will increase your sales geometrically and when you remove the cost of the reward and discounts, you will still have increased profit.
Stock different brands of the products that you sell. Customers will prefer to enter a shop where they will see different varieties of what they need. More customers will enter and will even be tempted to buy more than they planned for. More customers equals more profit.
Please feel free to drop your own ideas on how to increase profit in businesses.
Improving good service can increase the number of sales while promotions and bonuses are ways or tricks that can be done to make your business grow much more. Now is the era of digitalization and you can look for ways to promote your business through promotional techniques through Influencers and a lot of this pattern has been successfully carried out by business people because the target market segment is generation z who are capable of technology.
Completeness of goods in your store is also one way to bind customers to continue shopping at the stores that we manage, because when people come directly to the store and don't have the items they want, they may not come again in the future. So to build a business is not easy because it takes skill and consistency is also needed.