So how do you primarily market your business, product or service? And more importantly, do your current marketing ideas generally multiply your long term results, on average by 300 to 500% or more?
Sounds a little over the top, (granted) but it’s really not, as you’ll soon see. In fact, most of the ultimate insiders will openly admit (in private) that is!
That if they can’t consistently generate a bares bones minimum of 250%! They simply want no part of the proposed business venture. And entrepreneur, they’re not being the least bit snobby and or unrealistic.
Think about it for a second. Let’s say that you’ve currently got an approach (on or offline) that averages a 37.7% conversion rate! And along comes some course or potential joint venture partner (touting) some process that only averages a 17.5% conversion rate.
Of course lets state the obvious! Both of you sell similarly priced products or services etc. For the same effort and same potential risk. What would you do? Bingo!
So let’s take a look at some potential marketing ideas that typically multiply your results (on average) by at least 300 to 500% or more!
Don’t Your Prefer Proven Marketing Ideas That Typically Multiply Your Results By 300 To 500% Or More?
So here’s the deal; have you noticed that certain (traditional) type of marketing ideas, not only do they not usually offer returns (slightly better) than one to one! But, on top of that; typically when you stop paying the fee/cost to implement them, then the entire process stops as well.
In fact; think of your typical hamster. There that poor hamster is, just running as hard they can. And what happens to their forward momentum the moment they stop running? Exactly! Their progress comes to grinding halt as well. Doesn’t that analogy sort of remind you of any traditional type of paid advertising medium that you can think of?
Or suppose you rely on cold market prospecting. What happens to your businesses income, when you or your staff stops cold market prospecting? Again, you’re at the mercy of the market.
What about this; how about you implementing some proven marketing ideas, that not only don’t stop working for you, after you initially put them in motion! But they typically multiply your long term profits by 300 to 500% or more!
So What Type Of Proven Marketing Ideas Typically Multiply Your Long Term Profits By At Least 300%!
Case in point; let’s take two of today’s top pop stars, like maybe Beyonce or Justin Timberlake etc. Suppose they’re about to embark on an 18 month wold tour. And each town they stop in to promote their tour and current CD and or movie etc.
They inform their fanatical fans to head over to their WordPress website/blog and (do what else?) Enter their free monthly drawing for a chance to $25,000 dollars every month for the duration of their world tour! That’s right! Every month, at least one grand prize winner will get that text and or email announcing, they’re this months grand prize winner!(Oh how exiting!)
But here’s what the rest of those fans that opt in practically every day, for a chance to win that $25,000 dollars or X, will discover as well!
Justin or Beyonce’s incredibly savvy marketing team is also going to be awarding another $25,000 dollars worth of free goodies each month as well.Which means each month, a grand total of $50,000 dollars in cash and and some really cool gifts will be given away as well.
For ex; at least 20 runner ups (every month) are also going to win $200 dollar gas cards!
They’ll throw in five state of the art 50 inch flat screen TV”s! Three people will win $1,000 dollars in cash! And two people will win $2,500 dollars in cash each as well!
In short, the other runners up (each month) will also split the remaining $25,000 dollars! All those un announced free goodies, will most definitely set the social media world ablaze with postings on Facebook, tweets and pictures of their winnings all over Instagram etc! Don’t you agree?
Now then; let’s take these battlefield tested strategies two tiny (marketing steps) further shall we? First; whenever Justin or Beyonce ( or pop star X) is ready to release their LIVE CD of their completely sold out world tour.
It May Be The Same Tools That Every Body Is Using But Your Results Will Be Far More Superior!
They’ll just send a special VIP email alert (and or text) to their opt in subscriber base of 7.5 million fanatical fans! And offer them their two record set live CD, that would normally retail for $29.95!
But instead, these subscribers only pay $17.95! Which means they save 41% off the the normal retail price! And here’s the next leg of their 300 to 500% ROI (Return On Investment) long term marketing ploy.
(Entrepreneur) you’re simply gonna love this one! The subscribers will also get an email to purchase live streaming of any live concert event, the day before and actual day of the show! And for just $14.95, they can view any one concert that they wish!
But here’s the kicker! They can buy multiple live concerts for just $9.95 each! And every subscriber that purchases at least 10 or more of the live concerts at $9.95 each.
Two things happen. (A.) Justin or Beyonce pledge to give at least 20% of the live stream concert revenue to some lucky charities! (B.) Every subscriber that purchased at least 10 live stream concerts or more! They’re automatically entered into another free drawing for a chance to win $100,000 dollars in cash!
Think that will get the credit cards flying or what? You got that right! And that my friend is how the ultimate insiders consistently implement proven marketing ideas that consistently multiplies their long term profits by at least 300 to 500% or more! Any questions?
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!
As always, if you got any value out of this post, please Digg or tweet this. Thanks!
And be sure you grab your explosive free 22 step small business marketing idea kit series, because it will help you increase your profits by at least 25% in the next 90 days or less.
And help you master your effective communication in marketing skills.(No matter what your particular niche market is.)
It’s a $97 dollar value and it’s free!
I usually offer about 25% off of my WordPress design services for my newsletter subscribers. Frankly, I get more business because of my presenting at conferences and people referring or direct traffic from WordPress.org.
All of this is great food for thought for anyone running a list for their business and for other strategies to entice more clientele.
Nile recently posted…Popularity And Being Influential Are Not Always The Same
You and me are definitely on the same page Nile!
Speaking and actively participating at conferences is like shooting fish in a barrel!
It’s very similar to some of the really big online forums that
have been around for a while.
The visitors are literally starving for expert guidance!
And it’s the exact same concept when you regularly speak and network at these conferences.
Your name and reputation starts to spread rather quickly! And now with the inclusion
of good old social media!
You can literally go viral rather quickly! Great insights and thanks for sharing!
And thanks for your continuous support!Both are greatly appreciated!
Very well explained. This is very sound business principle for a product that is already popular (Beyonce being the product) – but how to apply it to a product that is not popular – how to make it attractive enough to get the numbers up to make the giveaways cost effective? That’s what I’m thinking.
David recently posted…Greeting Card: Onwards and Upwards
Great point David!
The real key is, to not try and make something hot!LOL!
Instead strategically leverage what’s already hot! In other words what already has forward momentum and find creative
low cost ways to make it work for you! That’s where and how JV’s (joint ventures) work so
extremely well!
Because every business, product and or service has customers and or clients that need the exact same customer/clientele,
but are non competing with each other!
That’s where you most often find some serious previously untapped long term marketing possibilities!
That are mutually beneficial to and for all! Thanks for sharing your extremely valuable insights and for
your continuous support!
Both are greatly appreciated!
Mark,
Your example was awesome, as usual. I can’t think of a specific tactic for my group right now, but I can say that my take away from your post is huge. You are revealing that if Justin and Beyonce had invited their guests to optin and buy tickets to their performances, they might have gotten many buyers but nowhere near the number that excitedly entered their emails for a chance to win a big prize. And the prizes kept continuing way before there was any mention of buying their actual products. And then when the product was available it was a special discount for all those who had opted in, so they were rewarded. At that point they were becoming eager to buy the product. Brilliant.
Warmly,
Dr. Erica
Dr. Erica Goodstone recently posted…Do You Know The Secret to LinkedIn Ranking?
Absolutely!
And you’ve given me at least two more incredibly powerful insights as well Dr. Erica!LOL!
But as you mentioned, when they go about building those enormous opt in (or offline) databases,
look at the potential money that could be made simply be offering inexpensive streamlining of
the actual live concert events to their hugely responsive lists!
One live concert that maybe has anywhere from 20,000 -50,000 screaming fans.
Yet their opt in list of literally millions of people could generate a ton of additional passive income!!
That’s an awesome marketing possibly!
Thanks for sharing your insights and for your continuous support!
Both are greatly appreciated!
hey Mark,
Awesome details again… 🙂
Today I have learned another new word “VIP Emailing alert”…
Yes many businesses started to offer special discount rate for their subscribed users or fans…
Great way to rename it Mark… 🙂
Regards…
Karmakar recently posted…Free Web Traffic, Enstine Muki’s Dream and My Visualization
Awesome Sangbaran!
So glad that term helped!LOL!
In the end, it really matters very little the labels we use to describe
your various marketing strategies and tactics,correct?
What really counts is how well your chosen tactics and or strategies consistently produce
bankable results!Correct?
As always, thanks for stopping sharing your extremely valuable insights and for
your continuous support!
Both are greatly appreciated!
Hi Mark .
Some very interesting figures you have on here. How did you manage to gather this info???
Thanks for sharing.
Enjoy your Sunday.
Regards
Marcel
Hi Marcel!
Thanks so much for stopping by!
These figures are just hypothetical strictly for marketing conceptual illustration purposes only.
However, the real and primary reason that I use the figures 300 to 500% overall ROI or more,
is because of the potential multiple back end income producing activities that I listed in the article.
Because obviously, with a huge list of literally millions of opt in subscribers, plus
millions attending the live concert events as well.
There are literally tons of potential untapped money making marketing opportunities!
Don’t you agree? Thanks for stopping by! And hope to see you more often going forward!