How And Why The Right Type Of Power Referral Marketing Strategies Will Definitely Skyrocket Your Long Term Profits!

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How And Why The Right Type Of Power Referral Marketing Strategies Will Definitely Skyrocket Your Long Term Profits!

Given the choice, do you prefer to keep wasting a ton of your extremely hard earned money, on those outrageously expensive,dismally performing, traditional ad or promotional campaigns? Let’s hope not.

Or instead, do you prefer, to systematically implement, some potentially bank account filling -power- referral marketing strategies or tactics?

Especially if doing so, means you can start generating, semi qualified leads for literally pennies on the dollar.

And growing your business, service and or entrepreneurial venture, without having to allocate, tons of financial resources and or assets.

And the best part is, the vast majority of your major competitors, have virtually no clue, how you’re doing so.

And you can and should, leverage the inner circle of your current and past customers, professional and personal inner circles.Over and over again.

As opposed to, constantly paying 200-500% more, in retail customer acquisition costs.Like the vast majority of your major competitors do.

Why Not Build A Reliable Word Of Mouth And Mouse Sales Funnel Which Constantly Keeps Expanding And Continuously Generating Front And Back End Profits!

Let’s say you currently own, a single location, non franchised retail appliance center. And your current location, is in a really nice upscale, mini strip mall.

And the residential area surrounding your store, is full of upscale townhouses, condos, single family homes and apartment buildings, with men and women.Who not only earn really nice incomes.

But they either work with, work for and or have their own successful on or offline, businesses or services. This being the case.And because your ideal female customer, has a current total lifetime customer value metric, of somewhere between $2,500- $7,000 dollars.

Give or take over the next five to seven year period.This being the case.You decide to test, using a really subtle and prolonged, multi part marketing strategy.

Basically, you’ll be utilizing something very basic, like good ole two step marketing techniques.Huh? Meaning, you’ll go (through) in this particular case, an entirely different group, in order to get the attention, of another particular group.

And by systematically doing so, you’ll be tapping into the resources of both groups, for a fraction of the traditional cost.As you’re about to discover.

How To Increase Brand Loyalty And Create An Army Of Extremely Loyal Customers And Ambassadors Of Goodwill!

Here’s the very first long term marketing strategy you’ll test. On May 6th, in the United States. Every one somehow connected to the medical industry knows, this is the start of annual Nurses Week, correct?

So here’s what you do, in order to initially attract the attention of the local nurses, local Nurses Association(s) and by extension several local doctors.

And of course, both the nurses, their various associations and their professional and personal inner circles.Instead of spending, (more like wasting) your customary, $25,000 dollars a month, on another dismally performing -local- billboard advertising campaign.

Instead, here’s what you eagerly propose to your one of your top, JV (joint venture) partners, whose a single location retail jewelry store owner.You point out, how you’re eager to help dramatically boost their visibility in their local market.

You offer to purchase, at least $15,000 dollars worth, of extremely eye catching, diamond studded earrings, which normally retail for at least $450 dollars a pair.

And because their actual hard cost is basically $200 dollars a pair.Give or take. You’re basically going to invest in 75 pairs @ $200 dollars each.(75 x $200 dollars a pair = a $15,000 dollar front end investment.)

Are You Starting To Understand Why  Systematically Building Your Marketing Funnel Is Far More Strategic Than Financial!

And here’s what you have, another one of your local JV partners do with them. One of the most popular shoe stores, where local nurses go to buy really comfortable shoes.Some of which normally retail for somewhere between $199-$350 dollars a pair.

The first 75, (or X number of) local ladies, no matter how long it takes, they automatically get, an extremely time sensitive, market tested ‘bounce back’ offer of some kind, from the upscale women-s shoe store.

And every lady who returns before the hand written expiration date on the coupon expires. And drags a friend with them whose at least 18, back to the shoe store.

They automatically get an extremely time sensitive coupon, to purchase one pair of these absolutely beautiful, diamond studded earrings, which normally retail for at least $450 dollars or X.

They can purchase them for just $100 dollars a pair. And save $350 dollars off the normal retail price..Say what? That’s correct.The first 75, (or X number of ) local ladies, who return to the extremely popular women-s shoe store.

Where local nurses, go to purchase, some rather expensive shoes, because they’re on their feet so much.

Who Sales You can’t Create Multiple Streams Of Income from Your Initial Front End Sales Funnel!

First of all, before going any further, did you happen what just happened, in term of your initial $15,000 dollar investment? You just recouped $7,500 dollars, did you not? Absolutely.

Because your total, initial front end investment was $15,000 dollars, correct? You purchased 75 pairs, of diamond studded earrings, which normally retail for at least $450 dollars a pair.

And because you purchased these 75 designer pairs, @ $200 dollars a pair.Your initial front end investment was $15,000 dollars.Correct? (75 x $200 a pair, = a total initial front end investment of $15,000 dollars or X.)

And now, you let the first 75 local nurses, who spend at least $250 dollars,(or X amount) with the women-s shoe store.They automatically get, (a totally unexpected), extremely time sensitive discount coupon, from one of your retail jewelry stores, which is one of your top JV partners.

And they get to purchase, a beautiful pair of diamond studded earrings, for just $100 dollars, and they save  staggering $350 dollars a pair.

Provided they drag a friend with them, to the jewelry store, (whose at least 18), before the expiration on the coupon expires.Otherwise, they can decide to come alone, before the expiration date, and only save $50 dollars off the normal retail rate of $450 dollars.

So needless to say, the vast majority of nurses who return to the women’s shoe store, before the expiration date,will do so with a friend, whose at least 18, correct? You best believe it.

Are You Starting To Appreciate The Long Term Profit Generating Potential Of Positive Word Of Mouth And Mouse Buzz!

Let’s hope so.In the interest of both time and space.You’ll discover three remaining, potential marketing strategies or tactics, in part two, okay? For now, hopefully you now have a much better and deeper understanding, of how and why, the right type of power referral marketing, will definitely help skyrocket, your long term profits.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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