Three All Too Common Internet Marketing Mistakes Far Too Many Entrepreneurs Make!Part Four

So as you previously discovered in part three of this ongoing series about “how”an extremely savvy  local furniture store, (and or your business and or service) aggressively went about profiting, from  some  of the all too common Internet marketing mistakes.

And one of the ways this particular local furniture concern did so, that’s currently working like  gangbusters is, soon after they starting building a rather substantial (generic) opt in email list.

They began to send  periodic (non pre written) broadcast email messages to their VIP opt in  subscribers, (which as you also recall) to date was a very impressive 6,479 and growing!

And the really funny part is,since they initially inexpensively tested and set everything up, they are  not really having to do too much in order for that list to just  keep compounding organically,  practically on autopilot!

Because of the huge in store monthly raffle opportunity they offer, (that’s) currently only   available  to the extremely valued VIP email subscribers!

But (throughout) the early to late summer months, when most of their walk in customers see that for a mere one time payment of $500 dollars (or X), they get a chance to enter a monthly raffle, for a chance at winning (either) a $4,000 dollar master bedroom and or living room set!

Now entrepreneur, (I simply gotta ask you) is that the proverbial “irresistible offer” or what? You got that right! But let’s delve a little deeper, to see “what” else we may be be able to discover shall we?

So “How” Do Extremely Savvy Entrepreneurs Such As Yourself Consistently Profit From Some Of These All Too Common Internet Marketing Mistakes?

(Without Taking Advantage Of Anybody!)

Ladies & gentlemen, first things first! Would you not agree, that in today’s extremely social media savvy consumer driven environment, a local furniture concern that routinely offers a $4,000 – $6,500 dollar master bedroom and or living room set, in a monthly raffle, with a one time entry fee of just $500 dollars (or X), is probably going to generate at least some local buzz (both) on and offline, by way of some extremely positive word of mouth  and mouse marketing!

And they’ll also (more than likely) generate a few braggadocios tweets, really cool video footage and or pictures on FB and a few pictures will get posted on good old instagram and Pintesrest as well! Entrepreneur, you’d better hurry up and know it!

Now then, let’s say that on average (not counting)  the extremely busy holiday season! Our local furniture store, (whose) current hours of operation are M- Sat, 9:00 am to 9 pm and Sunday it’s 10:00 am  to 6 pm.

And of course, as was previously mentioned, they’re open a little later during the late season holiday rush!

How Extremely Savvy Entrepreneurs Get Their Businesses To Erupt While The Vast Majority Of Their Major Competitors Are Simply Treading Water!

Let’s be extremely conservative with our projections and say (that typically) about 300 unique individuals (which of course) includes couples! But let’s say that on any given average business day, about 300 customers shop at the store.

Which means for seven business days, that’s 2,100 of the faithful! Or 8,400 per month!In your typical four week month only!(300 per day x 7 days per week = 2,100 x 52 weeks per year equals 109,200 paying customers! (Hello! 😉

And let’s say an extremely conservative 30% or (on average) about three out of every ten paying customers, pay the one time entry fee of $500 dollars (or X), in order to enter your (or the furniture concerns summer month raffle.)

Which means (for this hypothetical marketing example only!) entrepreneur, that 32,760 paying customers, just added a cool (are you sitting down?) $16,380,000 in cash directly to their bottom line!Say what?Right! (109,200 x .30% = 32,760.)

Go ahead, double check the math yourself!Before we move on!

There’s Potential Opportunity All About Don’t You Agree?

The main reason this (potential) math is being demonstrated to you in such detail, is because (unfortunately), far too many of you saw (or see) the word raffle and yo simply rush right past it, without really fully comprehending “what’s” really possible!

Now just so you’re not completely confused here! The furniture store also has your standard lead capture page attached to their state of the art (mobile responsive) WordPress blog and they also capture fresh new opt in leads practically every day, from some of their online traffic as well!

This (other) ongoing opt in list of 32,760 (and growing) is partly because of the many in store buying incentives they consistently use in order to ethically bribe their paying customers into joining some type of list!And they’re late summer month raffle ( opt in email list building) marketing strategy.

But before we could effectively get to this other really good stuff, we had to first make darn sure you’re really comprehending “what’s” going on here! Now the, are you ready?

Now as is customary during this part of our show.

Please share your extremely valuable comments (in the comments section below) that you can apply to your business, product or service in the next 30 days or less!

As always, if you got any value out of this post, please Google Plus or tweet this.Thanks!

And be sure you grab your explosive free 22 step small business marketing idea kit series, because it will help you increase your profits by as much as 25% in the next 90 days or less.

And help you master your effective communication in marketing skills.(No matter what your particular niche market is.)It’s a $97 dollar value and it’s free!