How To Expand Your Business By Getting More Out Of Your Current Offerings

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Despite scrubbing, your fridge still stinks. No problem, right? You know the secret: Place some coffee grounds in a bowl and let the fragrant grounds absorb nasty odors.

What you’ve done was cleverly “MacGyver” a common product. This type of off-label usage is commonplace, most notably in the medical field. Prescribers often find unexpected benefits to pharmaceuticals, which the FDA brands as unapproved—but sometimes medically acceptable. Yet “off-labeling” occurs in other industries, too, and often to the amazement of product developers, marketers, and sales teams.

Take duct tape. It’s a home improvement staple now, but it didn’t start that way. Instead, it was a Johnson & Johnson military invention that slowly gained popularity as a DIYer’s and fixer-upper’s dream. Today, it’s as available as milk and bread in grocery stores.

Could you have your own…

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