How Really Smart Entrepreneurs Make Money In An Overcrowded Marketplace!Part Two
As you recall from part one, while certainly not all!But for sure, there are some extremely savvy entrepreneurs, that somehow manage to make an awful lot of money, even in an extremely crowded marketplace!
Do they not?
And obviously, it’s not because (intellectually speaking), they’re so much smarter than everybody else, right? Nope!
Quite to the contrary. They have simply been exposed, to some “battlefield” tested marketing strategies, and or tactics.
But unlike the vast majority of their major competitors, they decided to act on “what” they’ve discovered, not just theorize and pontificate about it! 😀
And as a direct result, they watched their bottom lines not only grow, but experience some real bankable profits, as it did so!Entrepreneur, now it’s definitely your turn!Don’t you agree?
So How Do Savvy Entrepreneurs Earn A Steady Profit In The Midst Of An Extremely Crowded Marketplace?
(And Can You Do It Too!)
Picking up where part one left off.Ladies & gentlemen, (as you recall), you were issued a marketing challenge?
The challenge was, you probably couldn’t or didn’t see, (just yet),the huge potential windfall profits, waiting to happen, simply because the extremely marketing savvy retail furniture concern, located in the same mini strip mall as him.
The furniture concern owners, were marketing smart enough, to offer the barbecue pit vendor, their employees and their vendors, a special, extremely limited, three year extended financing arrangement.
Whereby, all of the previously mentioned, could purchase their first $1,000 dollars worth of furniture, (each year) for the next three years, (36 months), at the furniture concerns actual hard cost!
And here’s where the long term potential windfall profits kick in!As long as every participant agrees to pass out at least, ten extremely “time sensitive discount “gift certificates” apiece, to their immediate, friends & family members, co-workers, best friends, bowling buddies, neighbors,fellow PTA members and car pooling partners etc!
Entrepreneur You Get Competent At Lead Generation And You’re Halfway Home!
And just to help you visualize the potential, of this one incredibly simple marketing technique!
Imagine, a grand total 178 individuals, all agree to pass out ten extremely time sensitive “gift certificates to all of the above!
Mathematically speaking, (on paper anyway), that means, 1,780 potential customers, are encouraged to (first) join the furniture retailers opt in email/mobile marketing list! (178 x 10=1,780.)
Extremely Savvy Entrepreneurs Are Totally Realistic While Simultaneously Aiming Incredibly High!
And in order to avoid being called, to “pie in the sky!”
Let’s say, a mere 30% of those 1,780 potential, brand new first time customers, decide to come to the furniture retailers store, and bring a guest, over 18 with them, in order to save 35% on their very first purchase or two.
Plus receive a $20 gift certificate to the outrageously popular barbecue pit, located just a few doors down, in the exact same mini strip mall.
So 534 first time customers, not to mention the guest over 18 they drug along with them! They decided to see what the deal is!(1,780 x.30% =534.)
And unbeknownst to them, every brand new first time customer, (whose also on their opt in email/mobile marketing list.)
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Every one of them that spends over $1,000 dollars, their names (secretly) goes into a special free drawing, and the 1st grand prize winner, gets their purchase at the retailers actual hard cost!(Entrepreneur, can you say social media frenzy?)
And the second grand prize winner, saves a mere 50% and the third place finisher, that spent over $1,000 dollars, they save a mere 25%!
But here’s the kicker! You can bet all three, will be overjoyed with enthusiasm, once they’re made aware of their good fortune! And they will feel the need, to let practically every body they know, both on and offline know, of their completed unexpected good fortune!Don’t you agree?
And of course, “what” the extremely marketing savvy retail furniture concern will do is, video tape portions, of these in store events, and add them to their WordPress blog!
Plus, send some of the best edited parts, to all of their VIP opt in email subscribers who: A.) Weren’t smart enough to open their invitation email “alert” messages!
B.) And who weren’t smart enough to (not only) attend their sales event, but bring a first time guest, 18 and over with them!
Ladies & gentlemen, that’s just the tip of the marketing iceberg, on “how” some extremely savvy entrepreneurs, still manage to make a consistent profit, even in an extremely crowded marketplace!Any questions?
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!
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