So as you previously discovered in part one of this ongoing series, implementing some proven lead generation strategies, is a surefire way to increase sales revenue, is it not?
And the really cool part is, with the right customized marketing plan and or strategies.
Your lead generation efforts, can and definitely will, lead to an increase in both your front and back end profit opportunities.
And both the front and back end of your sales funnel, has tons of previously untapped marketing potential currently buried in them.
And just depending on how you go about approaching them.
And the total lifetime customer value metrics of your ideal customers, will determine how much you can truly afford to invest, in order to generate and or re-activate them. As you’re about to discover.
So Who Else Wants To Learn How To Systematically Increase Sales Revenue!
Quickly picking up where part one sort of left off. Let’s say your bakery is looking for some non directly competing, local vendors you can form some joint ventures (JV’s) and or cross promotional arrangements with.
And one of the most logical potential JV partners to approach is local, independently owed, beverage distribution companies which specialize in selling various types of extremely great tasting exotic coffees, teas, cocoas and or lemonades etc.
So whenever they land a brand new first time local customer whose a commercial (business) account.
They offer the owner(s), an extremely time sensitive, brand new customer only discount coupon from your bakery. 😀
Some Of Your Very Best Lead Generation Strategies Can Actually Help Your JV Partners As Well!
This way they can save 20% or X, on their first three purchases (or X number of purchases.). And their entire office of employees and or associates get to not only sample some of your very best mouth watering goodies.
But who knows how many of them will post on social media, plus tell their friends, family members and or neighbors about your extremely great tasting gourmet goodies. Right?
Here’s the other incredibly simple way your beverage distributor JV partner can inexpensively help you grow your business. (Really fast!)Maybe not by leaps and bounds initially, but certainly over time.
As you implement this proven viral marketing strategy, with more and more non directly competing local vendors.
You will systematically start to increase your reach and generate some positive word of mouth and mouse buzz, For literally pennies on the dollar,and increase sales revenue, plus lower your initial upfront out of pocket costs.
You Can Increase Sales Revenue Without Having To Increase Your Initial Upfront Out Of Pocket Costs!
And whenever the beverage distribution service wants to say ‘thank you’, to some of their biggest corporate clients, they can send them $50-$200 dollars worth of your mouth watering goodies.
And you’ll gladly allow them,(the distribution service) to purchase some of your most expensive and best tasting goodies, at your actual real costs,(or just above it!)
In order to get some much needed exposure to the local corporate heavyweights! 😀
For literally pennies on the dollar. And you best believe as these local corporate giants and their immediate peer groups, their spouses and or close relatives, get to sample your wares. You at least have some idea what will definitely happen next. Right?
Don’t Just Spend Your Extremely Hard Earned Money On Advertising Or Promotions! (Instead Invest In Those Specific Processes!)
You’ll definitely start receiving even larger orders, more often. How does that sound? Great. Hopefully, you’re definitely starting to appreciate, how you can increase sales revenue, sometimes, for literally pennies on the dollar. 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!
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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!
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Hi Mark,
Oh how I love to do Joint Ventures! At the beginning of my sales funnel I like to give my JV’s the first product with one hundred percent commission. Do they blast it out everywhere? Indeed! Then the up-sell products in my funnel comes along and they will get a nice percentage of that too.
It is a great way to spread out to different people and obtain buyers. I’m setting a new product up as I write this. Come January at some point when I’m ready to roll, I even may give my JV’s a percentage on my highest product/service. I’ll see how it goes 🙂
-Donna
Donna Merrill recently posted…Microblogging Promises Massive Results To Smart Bloggers
That’s awesome Donna!
And some really sound and extremely profitable marketing
strategies on your part Coach!
I’m going to include your comment in a future post, so my
readers and subscribers, customers and future potential JV and or cross
promotional partners, can being to see and appreciate, what they
maybe potentially missing out on!LOL!
Thanks so much for sharing some of the real world possibilities
coach! I truly appreciate it!
Mark Newsome recently posted…So How Much Longer Are You To Wait To Start Using Cross Promotions?