Do You Think Your Local Jeweler Networks Like This!
So when it comes to having access to extremely profitable networks, “how” does yours actually stack up?
You do have access to an extremely lucrative network of some kind,don’t you? If not, why not?
You don’t seriously still have any doubts about whether or not, the right type of network and or power networking is actually worth it, do you?
You do understand and totally appreciate the incredible potential resources you are getting access to by strategically tapping into the various inner circle networks don’t you? (And “how” much it may potentially increase your profits!)
Watch How This Savvy Jeweler Maximizes Their Networks True Long Term Profit Potential!
Let’s say an extremely savvy upscale (local) jeweler becomes a (reliable) repeat customer of a successful foreign car auto repair specialist. Basically, the jeweler wants (both) their regular employees ( and managers) that drive expensive foreign cars and their best VIP repeat customers that drive expensive foreign cars, to get a special 25% discount from the auto shop.
And in exchange, the jeweler will allow both the shop owner and their spouse or significant other, the opportunity to purchase any $1,000 dollar piece of jewelry (or less), at the jewelers actual cost.(Which means they get that extremely eye catching $1,000-$1,500 dollar necklace for the jewelers actual cost of just $400 -$850 dollars or X!)
But the savvy jeweler also asks if (either) the auto repair owner and or their spouse is related to, or if they’re friends with any of the following five individuals, that hopefully earn six figures and up!
1.) An influential partner in a major local law firm.
2.) A successful local dentist that runs a six or seven figure dental practice.
3.) A successful local Investment banker.(And or hedge fund manager!
4.) A successful local sales trainer/manager that currently earns at least six figures per year & up!
5.) An extremely successful commercial Real Estate broker (s).
Your Networks And Your Income Have Way More In Common Than You Think!
Let’s go with number five, a highly successful commercial Real Estate broker, that routinely sells (both) prime retail office space buildings and the occasional commercial mini strip mall.
Needless to say, the broker earns some really nice commissions. Which means they have the readily available cash to buy some really nice toys! Would you not agree?
Suppose the local savvy jeweler decides to offer this (H.I.P.) highly influential person, the chance to buy a $25,000 dollar Rolex watch for the jeweler actual cost, which is just $7,500- $17,500 dollars or X! (Remember we’re talking overall concept here, not specific numbers and or hypothetical examples!)
The broker leaps at the chance to take advantage of this unique opportunity! Let’s review “what” just really happened here! The savvy jeweler now has a 24/7 non stop walking talking positive word of mouth billboard! And they acquired them for actual cost!(How freaking cool is that?
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And the broker is yapping it up non stop and flashing their good fortune every chance they get! With some of the areas most economically successful & highly influential people!Right?
At local dinner parties, fund raising events and major-local- political functions etc!
And the deal with the jeweler is this, for every direct referral the broker sends to the jeweler, the jeweler will give the broker a 25% credit (not cash!), towards any piece of jewelry they wish to purchase in the future.
And let’s say that over the next year, the broker, indirectly or directly sends the jeweler an additional $300,00 dollars (or more) in brand new first time customer business! And a 25% credit equals a $75,000 dollar credit to the broker! ($300,000 x .25% = a $75,000 credit for the broker or whomever!)
Investing In Your Long Term Entrepreneurial Skills Is Definitely A Must Right?
(Entrepreneur, for just a second, put yourself in the following shoes. And decide “what” your particular reaction would be to the following hypothetical situation!)
Suppose the broker just sold a nice commercial building for a mere $28 million dollars! And you sold the building through this particular broker.
Around Xmas time, the door bell rings and you receive a special delivery package from Fedx (Federal Express.) And low & behold the surprise package holds not one but two (matching) his & her Rolex watches!(And you know that little maneuver will definitely increase the jewelers long term gross profits,right?)
Because the positive word of mouth and mouse publicity, will be epic and non stop! Don’t you agree? Is that expertly building a long term sales funnel, for pennies on the dollar, or what?
Because the broker can get these two upscale watches from the jeweler, for cost even though they retail for $25,000 dollars each! The broker simply has the jeweler deduct the $15,000 dollars cost ($7,500 each) (or X) from their overall $75,000 credit!
Developing Really Effective Lead Generation Skills Is Like Depositing Money In The Bank! (Don’t You Agree?)
Which means, the broker still has a mere $60,000 dollar credit! Now (entrepreneur) here’s the $64,000 question. Which broker do you think you, (or this couple) will enthusiastically recommend from now on? You got that right! Any questions on how you can and should be effectively using networks! I sincerely hope not!
Please list at least two simple spin off concepts (in the comments section below) that you can apply to your business, product or service in the next 30 days or less!
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