Hopefully as you’ve learned (and or) discovered, after the first four installments, of this ongoing series, practically every serious, profit seeking entrepreneur, networks to some degree or another, correct? Absolutely.
The real question is, once all the smoke clears, and the rather large checks are written, does it actually help pay the rent/lease or not?
Typically, you’ll find, what most (on or ) offline, aspiring entrepreneurs, are trying to pass off as some form of bankable power networking, is little more, than gloried socializing, lightly sprinkled with just a dose, of income producing activities thrown in.
Because say what you will (entrepreneur), your results don’t lie. So in the case of these profit seeking jewelers, let’s dig even deeper, (hopefully) to discover, how they can start systematically, prospering, from their extremely well oiled networks. And how you can too.
What Profit Seeking Jeweler Wouldn’t Like To Improve Their Power Networks Ability To Consistently Generate Profits?
Quickly picking up where part four left off. This extremely marketing savvy jeweler, whose constantly on the lookout, for some inexpensive ways, of getting directly in front of (both) their ideal target prospect/customer, whose current, total lifetime customer value metrics, are $10,000 – $12,000 dollars, over the next five to seven years. (Give or take.)
And their ideal prospect/long term repeat customers, personal and professional inner circles. Because by doing so, they initially save, the typical retail prospecting cost, of about 500%, plus, they can strategically use their bankable savings, to ethically bribe -both- their future prospects, and current repeat customers, into perpetually recruiting for them.
For a whole lot less money. And their major surface benefits are, they not only build, some outrageously profitable, follow up sales funnels, but they strategically build, their opt in email/mobile marketing lists, (for pennies on the dollar!)
Plus, they get the extra added, perpetual money making benefit, of going viral socially, both on and offline. No matter big or small, their current, social media presence is!
Profitable Lead Generation Strategies Can Often Start Out As Really Tiny Micro Strategies And Or Tactics!
So this is the primary reason, the jeweler, initially approached, the local, auto body repair shop owner, who specializes in repairing, rather expensive foreign cars.
And they two agree to joint venture, and this (JV) partnership, involves the jeweler, (initially behind the scenes), sponsoring (paying for), a monthly, and or quarterly free drawing, for the repair shops prospects and current, extremely loyal customers, to win $1,000 dollars worth of repairs, to be used in any combination they choose!
However, the major caveat is, the winner, has to be an active VIP, opt in email/mobile subscriber, when each periodic winner is announced.
Otherwise, they automatically forfeit their 1st grand prize winners status! And of course, all 99% of the runner ups, will automatically receive, some type of, extremely time sensitive, discount coupon, to get their repair and or detail work done!
Plus, refer at least two new customers, and automatically be entered into a second free drawing, for a chance to win $500 dollars, in local grocery store discount coupons! Courtesy of the auto repair shop. But (of course!), secretly being paid for, by the extremely marketing and power network savvy jeweler!
Extremely Savvy Entrepreneurs Are Often Known And Respected For Taking A Little And Profiting A Lot!
Here’s the very next marketing shoe to drop. As was briefly mentioned in part four. In exchange for the auto repair shop owner(s), and -either-, their spouse, live in significant other, and or their girl friend etc.
They get to buy any one piece of jewelry, up to $1,500 dollars, at the jewelers actual hard cost. Provided, the repair shop, (especially around) Mothers & Valentines day!
Agrees to leave, one of the jewelers best, market tested, two sided flyer -and or- index cards, on the drivers seat, o all the women, who bring their cars and vans in for repairs.
Side (A.) of the card, invites these ladies (and of course),by extension, their personal and professional inner circles, to enter their monthly free drawing, for their chance, to win a beautiful, $3,500 dollar, diamond studded necklace!
And of course, side (B.) is a market tested, extremely time sensitive, discount coupon offer of some kind.
Extremely Successful Entrepreneurs Know And Recognize It Typically Takes More Than One Non Directly Competing Vendor To Make A Stable Tribe And Or Coalition!
And in exchange for the highly skilled auto mechanic, being able to systematically, offer -both- his wife, girlfriend and or immediate friends, relatives and or neighbors, incredible future savings, on all of their extremely eye catching bling!
Both the mechanic, (and staff) readily agrees, to aggressively canvass their immediate, business owning neighbors, within a three to five block radius.
And the business owners/service providers, they know personally, and or are somehow related to! The mechanic will also make them aware, of this jewelers offer, to hook the up, with any single purchase up to $1,500- $2,500 dollars, at the jewelers actual hard cost.
In exchange, for the jeweler, strategically getting some inexpensive, indirect access, to their personal and professional inner circles! Including their extremely loyal customer bases!
And as the the jewelers VIP op in email/mobile marketing database, continually grows! The jeweler will not have to rely so heavily, on their web teams SEO expertise, in order to systematically drive hoards of extremely targeted traffic, to their state of the WordPress website and or blog, the way their major competitors do!
Keep Building Your Power Network And It Will Literally Pay You Or Your Major Competitors Dividends For years To Come!
And this is just the tip of the proverbial iceberg!
P.S.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!
Extremely important note: And if by chance, you happen to know any of the lesser known podcasters,(or radio show host)
who also target small business owners, service providers or aspiring startups entrepreneurs etc.
And they’re pro-actively looking for potential guest speakers. Please don’t hesitate to-either- pass their name and contact information directly
to me or vice versa! Thanks!
(Click the link just below, and watch the first video at the top of the page, if you’d like to see the entire 33 minute replay, of a guest podcast on
marketing your small business or service. I Recently appeared on.)
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