(Simply Because Your Marketing Focus Is Not Laser Focused Enough!)
Have you ever noticed of some the best small business ideas, are literally right under your nose, once you take a step back and really focus on the tasks at hand.
Often times some of your best marketing creativity comes about when all or most of your readily available conventional methods, are either greatly reduced or cut off altogether.Have you noticed this all too common occurrence as well?
Why Three Of the best Small Business Ideas Are Probably Not Currently Apart Of Your Current Marketing Arsenal! (But They Should Be!)
Without a doubt (entrepreneur) you work hard enough at consistently growing your business, correct? So there’s absolutely no reason why you should compound that problem, by making things harder than they need to be,right?
At any given time, there are several untapped potential (business building) goldmines, just waiting to be strategically tapped into by (both) you and other (on and offline) potential joint venture partners.
Case in point: let’s take a rather more expansive look into (just) three of the best small business ideas,that can easily lead to some major marketing breakthroughs.
Provided (of course) you’re willing to adequately explore the possibilities. Of course it goes without saying, (while) each individual reading this is unique, your particular circumstances are not! Huh?
How To Unlock Three Of The Best Small Business Ideas…..
(Currently Buried In Your Particular Circumstances!)
Meaning- the real (overriding) commonality here is, your business, product or service; constantly needs to find or create new customers and then get them to become repeat customers and clients,right?
Then you have to constantly deal with ongoing customer service issues, vendors and updated regulations etc.
So you see entrepreneur, even though your business is probably different and unique from 99% of the other eyeballs reading this post.
Your particular circumstances are not. The following ideas are designed to help stimulate the creative side of your marketing arsenal.
1.) Best small business idea # one: Begin to see past what’s readily apparent and, (instead) see a future, and a better far more practical use of current assets and other resources.
For ex: (purposes) only! Think about that current abandoned building in the commercial warehouse section of your town. Yea that one!
Think about how long it’s been sitting there abandoned, and (either) it’s currently costing the owner and or the taxpayers a small fortune, while it generates no income whatsoever.Right?
Now think about that large electronic appliances seller/promoer that passed through town six month ago.
Remember how they blitzed (both) the local radio and newspapers with all of those ads? They probably spent upwards of $50 k, just to adequately get the word out!Right?
There Are Literally Tons Of Untapped Marketing Opportunities Waiting To Be Discovered…..
What if instead, they offered the owners of the abandoned warehouse a cool 25% of every dollar they made for the three days they rented the space.
But instead of paying them upfront, they paid them their 25% at the end of the day.(Kind of on consignment if you will.)
Now they could go find three other cash starved local (non competing) small business owners, who need the exact same customer.Could they not?
And propose the following joint venture type of arrangement. The appliance dealer will (bank roll) between $3- $5,000 dollars in cash, to induce an avalanche of customers into the local small business owners establishment.
How? Easy! They’ll fund the marketing activity by giving away $25-$100 dollar gas coupons, to any customer who spends at least X amount of dollars!And whose also subscribes to their opt in email/mobile marketing list.
They’ll also gladly give away coupons for three large pizzas, plus three large sodas and 50 buffalo wings to be delivered to their job and or home!
Isn’t It Funny How Inexpensive Effective Lead Generation Strategies Really Are? (Once You Actually Put A Pencil To It!)
That’s probably a $75 dollar value! They’ll give away ten- $50 dollar gift cards to the Olive garden or Best buy etc.
Plus, give away twenty- $50 dollar gas coupons! And they’ll spend up to a maximum of $5,000 dollars in cash to do so!
Here’s the point: how long do you think it will take for word to spread, that store X is the place to be! Can you say social media avalanche? 😉
But what does the appliance vendor get for all of this generosity? They get to pass out their flyers, inviting all the days customers to come to their three day appliance fair!
And on the back of the card, it invites them to enter their free drawing for a chance to win a $3,500 home entertainment center!
Plus, $500 dollars in cash and a free Red Box gift card good for two free movies per month, for the next year!
Who Says Extremely Savvy Small Business Owners And Or Service providers Can’t Make A Giant Splash!
They make this same arrangement two more times, with other local, non directly competing vendors, (and guess what?)
They or you just spent a grand total of $15,000 dollars (instead) of the previous $50,000 dollars they were eagerly prepared to spend previously!
And of the two approaches, which one do you think will yield the most results?
This second approach just saved them a whopping 70% off the traditional costs! (15 K/$50 K = 70% savings!)
Which means, now they can gross the exact same amount of profit as last year, but still make a higher net profit! Especially if they continually develop the all important back end of their sales funnel. Sweet
Plus,actively help some local small business owners to boot.
Rather than go any further, let’s pick up the other two remaining concepts, in part two.
Hopefully, you can see how some the best small business ideas are right under neath your nose.
As always, if you got any value out of this post, please Google Plus 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!