Start Leveraging Your Various Hidden Income Streams!
So is there any particular reason(s) why you or your major competitors aren’t currently maximizing the long term money making potential of your hidden income streams?
Afterall, once or as soon as you or your major competitors discover “what” they are. The sooner you can and definitely should start proactively monetizing both the front and long term gross back end profit generating potential of your business or service.
Ladies and gentlemen your potentially profitable hidden income streams don’t or shouldn’t be overly complicated and or time consuming in order put together.
Especially when you’re initially starting off. In fact it really is best if you initially start off both small and grow slowly. Don’t you agree?
Expertly Building Your Brand Visibility Is Nowhere Near As Difficult Or As Expensive As You Might Initially Think!
Sometimes it definitely will take a little marketing creativity than usual. Say strictly for hypothetical marketing illustration purposes only. One of the simplest ways to both enhance or create various types of hidden income streams.
Is to systematically turn/convert as high percentage of your one shot sales. Into inexpensive, long term perpet repeat customer goldmines.
For literally pennies on the dollar. Take your typical- local, non franchised printing business. Ladies and gentlemen instead of simply for new customers or repeat customers to come back on their own. You or you your major competitors can inexpensively test various lead generation strategies and tactics.
And double down on those strategies which consistently pro
Start Leveraging Your Various Hidden Income Streams!
Give Your Best Customers Extremely Valid Reasons To Constantly Come Back And They Will!
If your business or service doesn’t have any types of customer centric apps just yet. Then by all means do the next best thing or two. So create some one or two sided, expiration date sensitive, laminated index size cards for your printing business.
Which allow any holders of them to buy single sided, 8.5 x 11 copies at your actual hard cost for six months or one year.
This way they now have an extremely compelling reason to frequently return to your printing business as often as possible. Don’t you agree?
You can utilize this strategy simply as a test pilot strategy. To gauge ‘how” often your best customers return during the six or twelve month period.
Because you could make it extending an additional 3-6 more months. Is by them spending a minimum of X amount of dollars with you or your major competitors initial trial period.
They spend X and they automatically get another laminated card. Which extends their opportunity to buy their single sided copies at your actual hard cost or X.
Try To Not Just See The Trees! But The Absolute Forest Of Previously Untapped Marketing Opportunities And Or Possibilities!
Or if they spend at least X plus within the initial 3 – 6 month trial period. And they’re also one of you or your major competitors opt in email subscribers.
They also get to purchase single or two sided color copies for at 4- 10 cents above your actual costs for the entire period too. The main point being. As they constantly return to you or your major competitors printing business period during these specific trial periods.
They just flash their laminated index card each time. And a certain percentage of these customers will most certainly order additional projects at or near you or your major competitors current retail prices.
Offer to extend offer number one for an additional 3 or X number of months. For every referral they generate. 😀 Of course there’s definitely a whole lot more you could at least inexpensively test.
This is just a small sample of how you or your major competitors can and definitely should strategically tap into developing your various types of hidden income streams. Are you ready to take things to the very next level or two?
Look Around To See What Else You Might Be Able To Offer As A Potential Benefit Other Than Cash!
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(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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