Why Discovering And Monetizing Hidden Profit Centers Definitely Makes Sense!
(Especially When Your Local Economy Is Semi Stuck In A Nagging Recession!)
Of course practically nobody necessarily likes nor looks forward to any type of prolonged nagging recession, right? Unless you’re able to successfully short the right stocks or commodities. 😀
Then maybe you sort of look forward to and anticipate the potential temporary or prolonged gains from successfully doing so. For the vast majority of the rest of us. Long term dropping stock or commodity prices is nothing to cheer about, correct?
But believe it or not entrepreneur. On a local level anyway. a semi or flat out sagging economy can spell additional gross profits for some extremely marketing savvy entrepreneurs.
There are potentially viable hidden profit centers just waiting to be monetized. Who’s up to discover just “how” potentially profitable they could be or ultimately become?
You’ll Be Amazed How You Can Perpetually Monetize Some Of Your So Called Previously Hidden Income Streams!
Take a closer look at the featured image with this particular blog post. On the surface it looks like nothing more than your typical local entertainer.
Who either agrees to get paid to play local establishments. For a combination of cash, rent or food etc. Even some iconic music legends have used this proven entrepreneurial model to help just start their initial humble beginnings, correct?
a local establishment who clearly. Either doesn’t want or simply can’t currently afford to pay some of the best “A” lister talent.
Will agree to let aspiring local talent. Either entertain their local customers. For a combination of reduced rent, a hefty discount on their food. As well as a certain amount of cash. Either so much cash per live performance. Or so much cash per week.
But this is only the bare bones minimum of the initial surface marketing possibilities. As you and or your major competitors are about to discover. (So please stay tuned and awake.)
Thank Goodness Some Of Your Most Potentially Profitable Income Generating Activities Don’t Have To Be Outrageously Expensive!
Imagine for just a moment. You’re the owner of a local, non franchised retail appliance center. And while you’re having a bite to eat at a popular local establishment. Some local talent musician. Who clearly hasn’t hit the big time just yet. 😀
Is currently performing. (Just like the guy in the featured above.) Even though they’re clearly go getters. They may not totally appreciate how they can monetize their various efforts.
So what if you and or your major retail appliance store competitors at least strategically tested the following lead generation strategies and tactics.
More than likely the vast majority of these aspiring local performers. Who are eagerly willing to perform in exchange for credit off their rent, food from the establishment. And a certain amount of agreed upon cash etc.
They might also at least be partially open to. Discovering “how” they can systematically monetize the back end of their sales funnel. (Plus get access to some outrageously popular electronic goodies. (Or some extremely eye catching retail bling!) Either or for literally pennies on the dollar.
It’s Definitely Time To Uncover And Monetize At Least Some Of Your Previously Hidden Income Streams! (Don’t You Agree?)
For starters. Just for the aspiring local musicians both joining the extremely marketing savvy retailers steadily growing opt in email list. And dragging a friend with them to you and or one of your major competitors store. Whose at least 18.
And before one of your best market tested, extremely time sensitive gift certificates expires completely worthless.
They automatically get to buy a state of the art tablet and 75 inch flat screen TV. At you or your major competitors actual hard cost.
Otherwise, if for whatever reasons. They decide they do not want to join your opt in email list. And they do not want to drag a friend with them. They only save 10% off. And the saving percentage only applies to the state of the art tablet. (And nothing else!)
Hopefully you’re starting to better appreciate “how” effective and potentially profitable. Certain types of proven ethical bribery can be or quickly become.
You see where you are right now, correct? Coming up very shortly in part two. You or your major competitors are about to discover how to monetize at least some of your previously hidden profit centers, okay? See you soon.
The Very First Marketing Leverage Point You Need To At Least Attempt To Monetize Is Your Immediate Prospect And Customer Base!
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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(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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