organic-growth

Vocabulary Word

Definition

When you hear 'organic growth,' it refers to growth that a business achieves by its own efforts, not by buying other businesses or getting other short-term boosts.

Examples in Different Contexts

In retail, organic growth can be seen when a store increases sales by enhancing the customer experience. A store manager might explain, 'Improving our product range and customer service has been key to our organic growth.'

Practice Scenarios

Business

Scenario:

It's been a great year for our company. Our improved products and services have been quite popular with the customers.

Response:

Yes, it's been an excellent period of organic growth brought on by our superior product quality and customer service.

Marketing

Scenario:

Our content strategy is doing wonders. The blogs and articles have been instrumental in driving traffic to our website.

Response:

Absolutely, our content strategy has immensely contributed to our website's organic growth.