Are you enjoying the profitable benefits of joint ventures?
(And If You’re Not Using Them You’re Losing Money! And Lots Of It!)
If your business hasn’t yet experienced (first hand) the incredibly profitable benefits of joint ventures.
You my friend are not only missing the boat, but you’re leaving a ton of un-mined gold on the table as well.
And sooner or later, at least some of your major competitors, will eagerly swoop in and fill a avoid, which definitely should have bee filled, with your extremely valuable products and or services. Continue reading
Is it really any secret that the businesses large and small that really do well (over time) learn to master proven direct sales tips? Your business is no exception.
However, let’s be extremely clear here. You simply cannot afford to continue to wing it. You’ve got to get a practical workable (short & long) term marketing plan in place.
Or else you’ll constantly be at the mercy of your customers, employees and or a temporary down turn in the economy etc.
You also have to begin slowly incorporating the low hanging fruit marketing strategies first. And after you’ve had the opportunity to inexpensively test and more importantly (track) your results.
Then you can go about deciding which strategies to continue and which to discontinue altogether.
Introducing Seven Incredibly Simple Direct Sales Tips That Will Increase Your Profits By At Least 25% Or More In The Next Six Months Or Less!
Obviously some of these direct sales tips are going to have to be inexpensively tested (tracked) and modified in order to be applicable to your particular business, product or service.
And unless your particular niche doesn’t rely on paying customers, lead generation tactics, proven referral generating strategies and or inexpensive testing of main power headlines etc.
Then these seven battlefield tested marketing techniques are easily adaptable to any business, product or service -including yours.
1.) Provendirect sales tip# one: This first example might apply to any on or offline newsletter publisher that sells three month and or discounted annual subscriptions. Especially a brand new start up newsletter publisher that really isn’t established yet.
The first mega proven direct sales tip you can use to increase your newsletters long term profits by at least 25% in the next six months or less, is by including at least two free complimentary three month trial subscriptions that your paying customers/clients can give away to one of their friends and or valued associates.
Of course don’t forget that you can and should give away free three month trial subscriptions that you offer as a secondary gift to everyone that enters your free drawing to win a free 12 month subscription, with other free bonuses of course.
Also along those same lines, you can and should allow other cash starved entrepreneurs to give away your free three month trial subscriptions (and or memberships of some kind) to their valued customer base as a special free bonuses for:
A.) Supplying them with long term bank account filling testimonials of some kind. That they can use from now on.
B.) They can use it as a free upsell bonus to get their customers to upgrade and spend a little bit more money. When they run the numbers they may discover that 10-40% of their customer base (or more) is extremely open to this type of proven long term marketing strategy.
C.) Of course their business, product or service could probably use those all important referrals as well. So why not let them give away your free three month trial subscriptions to every customer and or client that refers any new customers.
Because keep in mine, every one of those potential customers, whether they upgrade to a full fledged paying customer or not. You still have them as part of your on or offline database. Power list building 101.
2.) Proven direct sales tip # two: This next direct sales tip is for an outside service and or tech reps that go directly to peoples home and or place of businesses in order to provide ongoing service for them.
This type of setting offers enormous untapped profit potential. For ex; let’s take your local outside service cable tech.
Once they satisfactorily complete the task at hand. This is the perfect untapped sales opportunity for the tech rep to offer an (upsell) type of VIP customer discount premium service that the customer doesn’t currently have.
Think about this for just a second. As an airplane is preparing to land,the Captain comes on the PA system and announces to the crew (meaning) the stewardess to please prepare for landing.
And the stewardess ask that you “please” return your seats to the upright position. And then (the good ones anyway) begin offer connecting flight gate information etc.
Why not ask any passenger that’s remaining local to please press their overhead light and have the stewardess come around and offer two things:
1.) A special index size card that has the airlines lead capture page where the passengers go to and opt in in order to receive special VIP 24 hour advanced notice flight cancellations!
This way they can receive huge last minute discounts on various flights to practically any destination within the country.
2.) They’ll also start systematically surveying their customers and ethically bribing them to do so, in order to discover what their top ten local offline products and service needs are and start lucrative joint ventures with vendors, by passing out special new customer only special discount cards and coupons for them to use at some point locally, after they exit the plane.
Start Strategically Taking Advantage Of Other Businesses Under Utilized Sales Opportunities!
4.) Proven direct sales tips # four: Any time you mail out any type of physical catalog or workbook of some kind. Start inexpensively strategically testing various offers by including some type of one page 8.5 x 11 single sided sales page insert from one of your top JV partners.
Offer some product or service that’s being closed out to the general public. As long as the discounts are reasonable and the product or service is relevant to their main purchase. You’ve probably just discovered another underutilized income stream.
5.) Proven direct sales tip # five: Next, you can and should see how your products or services (and or) a bundle of several other local entrepreneurs products and services can be creatively bundled together in order to create a higher perceived value of X, and let local charities offer them to their top scale donors as powerful free bonuses.
You not only get to keep 100% of any additional long term profits as a result of the customers upgrading to long term repeat customers, but you get the benefits of all their future referrals and their bank account filling testimonials as well.
6.) Proven direct sales tip # six: This one is more of a powerful long term joint venture type marketing situation, but it deserves mentioning.
Suppose you run a fairly successful mid sized local auto mechanic repair shop. Why not find a few local car garage parking/rental space companies.
And approach the owner about giving every employee of the parking garage staff a special lifetime discount card of X% off their car repairs in exchange for you being able to give away X number of discount repair cards to the first X number of people that pay their weekly or monthly garage rental bills.
7.) Proven direct sales tip # seven: This last strategy really has the potential to make a local night club owner lots of cash for a very long time.
Every time they experience maximum capacity (and simply) as both a safety issue and legal concerns.
Instead of just begrudgingly turning people away! Why not post a few of your best customer service type employees on the door and pass out really nice womens earrings and bracelets that you get (at cost) from your local joint venture partner jeweler.
Because remember, long after that night, those ladies will be asked where they got that bracelet and or those earrings. And when they mention some specific night club. Where do you think all the other ladies will wish to be from now on? Yep!
As always, if you got any value out of this post, please Digg 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 master your effective communication in marketingskills.
Sample White Papers:How To Use Low Cost High Powered Sample White Papers Special Reports To Flood Your Cash Starved Small Business With New Customers! Part One
(To Increase Your Customer Base By A Bare Bones Minimum Of 25% In The Next Six Months Or Less!)
Your just two simple marketing steps away from harnessing the incredible power of utilizing sample white papers, to literally flood your business or practice with more semi qualified leads or prospects than you currently know what to do with or how to handle.
And in the process, eliminate up to 90% of your would be competition. Plus position yourself as the go expert in your particular niche.Continue reading
you can really increase your profits by knowing the lifetime value of a customer!
Do you have a favorite offline local (family) restaurant and or ice cream parlor that you like to frequent?
Tons of local small businesses inadvertently benefit from the total lifetime value of a customer concept, without necessarily really understanding it.
Meaning- because their particular small business (and or) service has been in the family for several generations and over that time they’ve really gotten to know several of their patrons and their immediate family members (meaning) kids and grandkids etc.
They’ve been able to bond and continue to pay the bills.
And (hopefully) grow their enterprise as a direct result of the steady cash flow generated by all those additional generations of family patrons that continue to shop where (both) Mom & Dad and their grandparents before them did as well.
Sears is a great example of this concept in action.(Although sadly, as of late, Sears is a mere shell of what it once was.)
This post is going to offer five incredibly simple ways to extend,stimulate and capture up to 25% more of your ideal customers/clients disposable income by giving them more (and ) better incentives to spend more money,than your major competitors currently do. Continue reading
The potential benefits of joint ventures equals big bucks!
As you previously discovered in part one of another ongoing series.
There are definitely many potential benefits of joint ventures.
Often times, the other cash starved, struggling small business owners and or service providers, (and) their many assets.
Can result in an enormous amount of brand new business, (and or) gross front or long term back end revenue.
And usually for a fraction of the traditional cost.
Which is always a welcome benefit, is it not? Systematically forming and nurturing various types of joint venture arrangements, not only stretches your marketing/promotional dollars to the hilt, but it also increases the long term value of your other extremely valuable resources as well.
My guest appearance on the mega popular Sharkpreneur podcast. Which currently averages a very respectable 200,000 plus downloads per episode.
My Certification for graduating from master blogger Jon Morrows Guest Blogging course.
My guest podcast appearance on the outrageously popular Winning On Main Street podcast. Formerly hosted by the one and only Gordon Henry.
My guest podcast appearance on Kerry Lutz’s extremely high rated Financial Survival Network podcast. Currently averaging 225,000 downloads per episode.
My fabulous guest podcast appearance on my coach and mentor Adam Hommey’s “The Brilliance Plus Passion” podcast.
My guest podcast appearance on The Leafy Legal Services podcast: Episode 87
Here’s my guest podcast appearance on the Smart Agents podcast. Hosted by the dynamic Michael Walters.
Here is my guest podcast appearance on the Money Talks podcast. Hosted by the one and only Hugh Meyer.
Here’s my guest podcast appearance on the Alternative Investing Advantage podcast. Hosted by alternative investing expert Alex Perny.
Here is my guest podcast appearance the Founders 365 podcast. Hosted by the amazingly charismatic Steve Haggerty himself.
Here’s my guest podcastappearance on the dynamic Mitchell Slaters Finally, Marketing That Works podcast.
Here is my guest podcast appearance on the Mavenwit podcast.
Here’s my guest podcast appearance on the dynamic Joey Pinz’s Discipline Conversations podcast.
Here’s my guest podcast appearance on the dynamic Rob Oliver’s Learning From Smart People podcast.
Here’s my guest podcast appearance on The Marketing Nomad podcast. Hosted by the brilliant Prithvi Madhukar.
Here’s my guest podcast appearance on the vivacious Christina (Blue) Hooper’s Entrepreneurs Taking Action podcast.
Here’s my guest podcast appearance on “Magic” Brad Gudim’s podcast.s
Here’s my guest appearance on The Jimbo Paris Show. Episode # 92.
Here’s my guest podcast appearance on the “Fox Talks Business” podcast. Hosted by the forever lively Tanya Fox herself!
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