Three Incredibly Powerful Reasons Why You Should Be Strategically Using Cross Promotion Marketing Strategies!
(To Easily Add An Additional 25% Or More Gross Profit To Your Bottom Line!)
Have you had the chance to do any type of low cost, high powered cross promotions yet? If not, you really should!
For several reasons! But two of the main ones are as follows.
First; you can literally stretch your extremely limited marketing dollars and or resources to inexpensively gain access to a whole new potential pool of customers or clients!
For literally pennies on the dollar! And how often does that really happen?
Cross Promotions Literally Expand Your Target Market Reach For Pennies On The Dollar!
Ladies & gentlemen, think about this undeniable fact! No matter what your particular business, products or services are. Your customers and or clients, routinely spend money, every day, week, month and year on other entrepreneurs products and services, correct?
Which means, there are other companies, products and services, that are non directly competitive to yours, that need and depend on your exact same customer or client base, in order to stay in business!
So why not inexpensively use low cost, high powered cross promotions, to gain access to each others best potential customers and clients!
It’s far cheaper than spending money and exhausting other extremely valuable, (albeit) extremely limited resources, trying to generate or create, that all important first time customer or client! Don’t you agree?
Introducing Three incredibly Simple Cross Promotions You Can And Should Apply To Your Business, Products Or Services!
These three incredibly simple strategies, while extremely low cost, can and will safely add an additional 25% gross, front or back end profits, or more to your bottom line!
And you’ll out promote your big buck major competitors in the process!
1.) Cross promotion strategy # one: Using special events to cross promote each other, is an extremely lucrative way to help grow each other’s businesses!
For ex: let’s say you sell exotic (meaning), hard to find, more expensive women’s shoes. Why not cross promote with another local women’s clothing retailer, by way of by invitation only fashion show event!
Your target audience will absolutely love it!
As Long As You Already Have Some Type Of Pre-Existing Relationship With Non Directly Competing Vendor! (You Should Pro-actively Pursue Some Type Of Cross Promotional Arrangement With Them!)
2.) Cross promotion strategy # two: This next one is extremely powerful! Although an extreme word of “caution” is definitely in order here! Let’s say that you’re a local snow removal service.
Find a service provider that’s extremely reliable. In other words, one that you trust! Maybe become a customer first!
That way you have real first hand knowledge of how they perform, (not only), their service, but ‘how” well they follow up and through with their customer/repeat client base etc.
Then inexpensively cross promote each other by adding a special VIP “new customer” only message/coupon on the back of each other’s fliers!
This can be potentially lucrative, until one of the parties involved, turns out to be not so good at servicing their client base!
Remember When You Strategically Cross Promote Or Joint Venture With Another Individual And Or Company! (In Essence You’re Directly Or Indirectly Endorsing Them As Well!)
Then your name is associated with them! And you have to completely get rid of all those expensive two sided fliers and or index cards!
3.) Cross promotion strategy # three: Create special discounted “gift certificates” that you periodically pass out, (along) with your own of course.
And ethically bribe, (reward) your absolute best customers and clients for their bank account filling testimonials! Or for referring new first time customers and clients etc!
These three incredibly simple, low cost, high powered cross promotions, will easily (within) six months or less! Help you add an additional 25% more gross front or back end profits to your bottom line! Don’t you agree?
Investing The Time And Effort To Develop Some Reliable Cross Promotional Partners Is Definitely Worth Effort! (Especially Long Term!)
Please 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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