(Even In A Really Sluggish Economy!)
Who doesn’t want to know how to increase sales revenue really fast?
Especially in a totally sluggish economy.
At a time when even your best customers and clients are pulling back and overall sales within your particular niche are down.
Isn’t it nice to know:
How To Increase Sales Revenue Fast!
When you really start to examine your business from top to bottom, you begin to uncover several previously untapped ways to gather greater market share. Especially in a really down economy.
So don’t automatically dismiss these potential (long term) mini profit centers, just because they don’t add an extra 75% or more to your bottom line.( Because how to incresae sales revenue fast, isn’t about home run strategies!)
The fact of the matter is, even if (individually) each tactic only adds a measly 3% to your bottom line, by strategically identifying at least twelve of them.
You’ve just improved your bottom line by 36%.(12 previously untapped profit centers x a 3% increase in each = an overall 36% gross profit.)
Being A Small Business Owner Or Service Provider Doesn’t Have To Automatically Mean Small Profit Margins!
For ex; suppose you run a small local retail women s clothing store. You can (and definitely should), inexpensively test adding a simple, (yet) highly visible sign (in nice bright red letters) inside their dressing room.
And it should read, “Ask how you can save 30 (or X%) off your next pair of designer blank!’
That simple sign will definitely cause a certain percentage of your daily traffic, to (both) inquire and upgrade to some of your most popular and expensive designer shoes, gloves or designer handbags etc.
How To Increase Sales Revenue Fast!
That one simple marketing tactic, coupled with what you’re going to (inexpensively) test next, will easily start to distant you from your major competitors.
Because you actively study the art and science of basic, proven marketing fundamentals.
You realize that a simple A/B split test (right) here can and will add favorably to your bottom line.
If you have two separate dressing rooms, the you simply test two different marketing messages (as previously suggested) simultaneously.
On the other hand, if you only have one dressing room, then you simply test each sign for five or X number of business days.
And see which (if any) produces the most overall responses.
There’s Literally A Ton Of Untapped Marketing Potential Currently Buried Inside Your Semi Resourced Challenged Small Business And Or Service!
Your alternative sign might (initially say) “Don’t forget to ask about your free 16 oz. mini sample of (some really popular) women s cologne.
One of your top joint venture partners that owns a popular local women s boutique shop (conveniently located inside the same mall as you.)
They should be more than happy to offer a new potential long term customer, a small mini sample of one their more popular fragrances, in exchange for them making a minimum purchase of (say) $10 (or X number of) dollars or more.
That kinda explains how to increase sales revenue fast, does it not? Because, as you increase your daily foot traffic, more women will be in your dressing room, which means more overall sales! Right?
You Must Systematically Take Advantage Of Your Returns!
Here’s another really cool way to help you increase your overall sales. And stop you from wondering how to increase sales revenue fast!
This particular technique leverages the enormous reach of your non VIP buyers.Whenever one of your customers returns a pair of shoes or X, for whatever reasons.
Why not set up a special day (off hours) event, where you send an extremely time sensitive email and or text message alert, to a special auction sale that you’re having.
Extremely Time Sensitive And Special Events Are A Proven Marketing And Or Promotional Strategy!
Once every other week (or month) you hold a special auction sale where these customers-VIP opt in email/mobile marketing subscribers, (and their guests) get to bid on all of your returned shoes and or dresses etc.
But here’s the marketing twist. As long as the people on your list bring at least one new guest whose over 18, that’s not currently a customer.
If they are the winning bidder (for any item) , they automatically get it at your actual cost and they receive the difference in their winning bid and your actual cost, as a savings percentage, off their next purchase.Say what?
For ex; let’s suppose that a nice designer pair of shoes actually cost you $75 dollars, but they retail for $125 dollars.
Consistently Look For Some Proven Ways To Ethically Bribe Your Best Customers And Or Clients!
You start the auction bidding at $60 dollars, and the winning bid is $100 dollars.
If they brought a new guest over 18, that’s not currently an existing customer, you get the shoes (or whatever) at their cost and that difference of $25 dollars.Or X.
You get also get an additional 40% off your next purchase, provided you do it in the next ten days or less!
But think about what just happened; they’ll wear their new shoes everywhere, plus brag to friends, family and co -workers to no end!
Translated: others will most definitely want in! And that’s how to increase sales revenue really fast! Even in a sluggish economy! No matter what your particular niche is.
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Wonderful post.
Thank you very much.
How to increase sales revenue part is best.
Riley recently posted…Diamond Engagement Rings
Hey Riley! Excellent! And glad you got some value out of it! Hopefully,
it will help you inexpensive add to your bottom line!