How these powerful sales incentive ideas can and will make you money!
Are your current sales incentive ideas moving your business or service to the next level or not? If not, why not? What exactly are you doing to make it happen?
Seriously, what type of daily, weekly, monthly and or quarterly marketing strategy or tactics are you using to systematically increase your profits?
What are you doing (precisely) to make your WordPress blog, more of a proactive business asset or tool?
And what about your current direct mail campaign? You are mailing (first) to your extremely valuable in house list.Right?
Because you know (recent statistics) indicate the following three undeniable business growing facts:
Introducing Three Incredibly Simple Ways To Increase Your Profits!
1.) A staggering 60% of all your current marketing efforts should be devoted to maximizing the enormous long term potential, of marketing to your existing customers and clients.
(Because remember entrepreneur, at least 40% (or more) of your existing customer/client base is extremely active on social media!Especially twitter,Instagram & Facebook!)
And all they gotta do is give you a positive mention on Facebook and kaboom! You’ve got more local customers (either) visiting your showroom or crawling your WordPress blog!
2.) Another 25% should be devoted to actively marketing to your ex- customers, by offering them extremely valuable free ethical bonus bribes, to get them active again! Because remember, on average it costs you about 500% retail costs, to create that all important new first time customer!
So when you put a pencil to it, you’ll see that’s it’s actually (much cheaper) to re-activate an ex-customer/client, than is to to try and create a new one!
3.) On average, the remaining 15% (or whatever) your actual percentage is, should be devoted to actively trying to convert new prospects into long term repeat customers and clients. And hopefully, you’re doing it without paying 500% to do so!
Powerful Sales Incentive Ideas That Will Make You Money!
Here is an incredibly powerful, (yet) rarely utilized marketing tactic, that all the top marketers routinely take advantage of. This is how it works. After you’ve mailed a few direct mail pieces (in a) first class envelope, to non customers, and you get at least a one percent response rate or higher.(Sadly, a one percent response rate or lower is about average!)
Find at least two other non directly competitive vendors, and let them piggyback inside your mail piece, and charge them a flat rate fee of 30 -50% of your upfront out of pocket mailing cost.
Meaning- if you’re mailing 5,000 pieces, then you charge them a one time cash fee of 30% of that amount in cash. So they pay $1,500 dollars a piece. (5,000 x .30%= $1500 dollars each. (Or $2,500 dollars each, if you’re charging them 50% up front. 5,000 x.50 =$2,500 dollars upfront each.)
Little Known Sales Incentive Ideas That Will easily Boost Your Profits!
Here’s what potentially makes this extremely simple marketing strategy so powerful and profitable. Once you know on average, your direct mail campaign to non customers, will net a one percent response rate (or higher.) And after you’ve found at least two non directly competitive potential vendors to piggyback with you.
Strategically add at least two of your best market tested free bonuses, as extremely time sensitive bribes, for every prospect that takes advantage of your special offer, and what you’ll discover is, even if your response rate never goes above the previously mentioned, dismal one percent.
You’ll still more than likely turn a profit, because of the upfront cash, that both of your piggy backing vendors has provided!
In other words, you just found through inexpensive testing, a simple way to strategically lower your cost,and not increase your overall response rate, and still turn (either) a break even and or slight upfront profit!
How about that? And the best part is, as you systematically implement these proven sales incentive ideas, your major competitors, literally have no clue! Can you stand it entrepreneur?
Once You Take A Closer Look You’ll Soon Discover There Are Tons Of Untapped Marketing Opportunities Just Waiting To Be Implemented!
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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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!
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 at least 25% in the next 90 days or less.
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