Three Incredibly Simple Ways Savvy Entrepreneurs Ramp Up Their Profits!
(Without Having To Spend More Money!)
So how many profit seeking entrepreneurs, do you personally know, and are related to, who aren’t sincerely interested in discovering, some proven, low cost ways, to increase their gross profits?
Who isn’t seriously up for that? Of course (right away), the burning question becomes, how, correct?
Sadly, far too many profit seeking entrepreneurs, fall hopelessly short, when it comes to maximizing their long term profit potential, from currently under used and or totally neglected ignored assets.
Hopefully, after being exposed to this particular blog post, the aforementioned concerns, will no longer apply to you…
So What Are These Three Incredibly Simple Ways Savvy Entrepreneurs Use To Consistently Ramp Up Their Long Term Profits?
First of all, obviously, there are far more than three potentially profitable ways, for you and I, to consistently ramp up, both out short and long term profits, correct?
And just depending, on whether your semi cash strapped small business and or service, primarily markets/promotes, on or offline.You can and definitely should be utilizing, some proven marketing/promotional strategies.
Especially the strategies which are of the low hanging fruit variety. And practically every small business, and or service, (you and I are aware of)has more than their fair share of.
Always Look For Some Simple Yet Proven Ways To Promote Your Business And Or Service!
Case in point, here are three (low hanging fruit) type of marketing/promotional strategies, which any, profiting seeking entrepreneurs should readily embrace. To some degree or another.
1.) Potential low hanging marketing fruit strategy # one: While most profit seeking entrepreneurs, are at least remotely familiar, with the marketing term ‘add on’ and or ‘upselling.
The vast majority, have virtually, no practical experience (of any kind!), when it comes to, effectively utilizing ‘add on’services of any kind.
For ex; a Mom & Pop restaurant owner, might inexpensively test, in order to determine, if adding a complete supplemental meal preparatory service, aimed at (either) busy professionals, and or slightly physically impaired individuals, would be worth it.
Extremely Savvy Entrepreneurs Know Some Of Their Very Best Small business Marketing Strategies Lie Ahead!
2.) Potential low hanging marketing fruit strategy #two: Case in point, let’s say one of the non directly competing retail (and or) service businesses,located within a few blocks of your business/service,has a readily identifiable, slow day of the week, and or slow season.
It may just make economic sense, for you to offer, one of your lower priced, introductory products and or services to them, in order to help boos their front end sales, while simultaneously, inexpensively boosting, your long term back end sales, for literally pennies on the dollar.
And you might do so, by offering an extremely time sensitive, brand new, first time only customer discount coupon of some kind.
And or maybe, they will inexpensively, A/B split test, this kind of lead generating offer, against a ‘bring a buddy’ pass, and be entered into your -weekly- and or monthly, free drawing twice!
Ever Notice How Some Of Your Most effective Lead Generation Strategies Involve Some Really Good Ethical Bribes!
3.) Potential low hanging marketing fruit strategy # three: Hopefully, your resourced strapped small business, and or service, is savvy enough, to be constantly building your opt in email/mobile marketing list, simply by strategically utilizing free drawings.
But ethically bribe, all of your weekly and or monthly runner ups, to bring specific segmented groups, to your store with them, in order to receive X, Y or Z, as their payment/ethical bribe for doing so.
For ex; if your restaurant, holds a free drawing, to win $500 -$1,000 dollars in free meal & desert credits.To be used anyway the ultimate winners wants, within six months of being declared the winner.
Even you wish to target senior citizens, Mothers, Fathers ans or nurses etc. Ethically bribe your runner ups, for bringing your targeted group with them, to your place of business and or service.
It’s low cost way to consistently reach one of your, potentially profitable, secondary target audiences. These are three incredibly simple ways, some extremely savvy entrepreneurs, consistently ramp up their gross profits. Now it’s your turn! Don’t you agree?
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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