How To Improve Net Profit Margin Without The Use Of Major Assets And Or Resources!
So have you ever noticed, whenever the big corporate boys and girls, go on one of the major, traditional advertising and or promotional blitzes.
Just how many different, major assets and or resources, they allocate to the success of their project(s)? Yea, me too.
On the flip side of things.
Since you and I, are not currently in the financial position, to devote seven & eight figures, to your (our) current marketing and or promotional campaigns.
The $64,000 dollar question begs asking. How to improve profit margins, even though you may not have direct access, to any major assets and or financial resources?
At first glance, it definitely seems like a pretty daunting task, does it not? And rest assured, it most definitely is.
But, with the right mind shift, towards what you actually perceive, as extremely valuable assets and or major resources, is most definitely what’s initially needed.
As you’re about to discover..
It’s Definitely Okay To Start With Some Basic Building Ideas And Or Strategies!
Case in point. Let’s say, even though you’re definitely, an accomplished photographer.
And you currently run, a fairly successful, single location, mom & pop style studio.Believe it or not.
You definitely have lots of untapped marketing potential, which you can and definitely should start utilizing.Say what?
Because as your marketing perspective, continually shifts and starts to really improve and grow.You will definitely start see past the obvious and begin to truly appreciate, what’s really possible.From a marketing perspective.
So as you’re busy helping the locals, preserve their individual and family and or business memories etc.
You can’t help but realize. The more you can leverage, other non directly competing entrepreneurs, various assets and or resources.The more profitable, (especially) long term, the both of you will be and or become.Agreed?
The Benefits Of Being In Business Can Definitely Be Or Become A Springboard To Even Greater Opportunities And Or Success!
Case in point.One of things you can’t help but notice is. At least 95-97% of the time.
The local women who are about to go in front of the camera, always seem to be slightly more concerned about the outfits they’re wearing, than the men are.Right?
Even though at least 110% of the time, they’re usually dressed far better than any men, who happen to be in the pictures as well.(Funny how things just seem to work out like that, right?)
Anyway. As a direct result of you casually mentioning this all too common occurrence, (to either) your wife, live in significant other and or girlfriend.
They also casually suggested.What if you approached, a rather upscale, local women-s clothing and accessories store owner.
And proposed the following, potentially, mutually beneficial, strategic alliance arrangement.You propose, to give each female customer, an extremely time sensitive, discount coupon/gift certificate to the women-s clothing store boutique.Huh?
Successfully Building A Small Business Isn’t Nearly As Difficult With The Help Of Some Mutually Beneficial Strategic Alliances!
Your discount certificates, allows these ladies, to pick any blouse or shirt they like, and purchase it for the clothing store owners actual cost, up to $350 dollars or X! Say what?
Stop and think about, the four extremely predictable things, (going forward), which will definitely start routinely happening. For a one time investment in the particular customer.
1.) Since they’re able to purchase one item at the women-s clothing store owners actual cost.Up to $350 dollars.Or X.
You know they’ll pick out something they truly love, right? For sure.
2.) You know they will immediately start sharing, (all over the place), both on and off of their social media accounts, correct? No doubt.
They’ll constantly post and share, (both) pictures and videos etc.
3.) You know they will definitely return to the women-s clothing store more often, right? Absolutely.
4.) And of course, they’ll definitely be spreading the word high and low, about your photography studio, (which not only) takes great, and affordable photos.
But also provides those really cool, (totally) unexpected, freebie incentives, to other non directly competing vendors.
Here’s How You Can And Definitely Should Leverage Some Really Simple Business Building Ideas!
BTW, in part two you will definitely discover, how to implement this battlefield tested marketing strategy, utilizing.
What’s often referred to as a “reverse.” Huh? Please stay tuned. Anyhoo. Here’s the next leg of this proven marketing strategy.
When these local women rush over to the women-s boutique store, in order to take full advantage, of this extremely time sensitive offer. Two things systematically happen.
A.) The women boutique shop owners, strategically A/B split test,various, extremely time sensitive ‘bounce back’ offers.
So they know, which type of repeat customer incentives, to start rolling out to their entire customer base.Makes sense, right?
Are You Starting To See And Appreciate How To Build A Business Empire From Scratch!
B.) On either side A or B of the market tested ‘bounce back’ offer.These ladies are made aware, simply for dragging a friend back with them, whose at least 18.
They automatically qualify, to purchase any one pair of shoes in stock, up to $450 dollars a pair. Or X.At the clothing boutique store owners, actual hard cost.Say what?
This way, (you know) for a fact. At least some of those ladies, will definitely go out of their way, to drag someone with them, right?
And the flip side is, the guest, will be given, an extremely time sensitive, discount coupon/gift certificate, to your portrait/photography studio.
So hopefully now, you can better appreciate, how to improve net profit margin? Even though you may not have direct access, to any major assets and or resources.Any questions?
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!
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 gross 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!
