As you previously discovered in part one of these series about effectively using some really cheap advertising ideas.
There are actually some incredibly simple ways, for a savvy think outside the box small business entrepreneur, such as yourself to inexpensively market your business, products or services. Don’t you agree?
How To Profit From Some Really Cheap Advertising Ideas……
Case in point; have you heard one of the latest radio ads being run by Real Estate Investment guru/trainer (the one and only) Dean Grazioso?
It seems ole Dean has a brand new book about what else? Making a fortune in today’s sluggish Real Estate market.
The hard cover book retails for just $24.95. Here’s where Deans marketing company really earns their keep. So pay close attention.
Dean wants to give a 100,000 (would be) Real Estate Investors, the chance to be exposed to his proven investment secrets.
So all they/you have to do is call his toll free number and pay a small seven dollar shipping and handling fee, and he mails the book to you.
Say what? That’s correct, you just saved yourself $17.95. ($24.95 -$7 dollars =$17.95)
But here’s the real point, at the end of the day. Ole Deans savvy marketing team will have a semi qualified mailing list of 100,000 subscribers, that they know are at least semi interested in some area of Real Estate investing.Correct?
How To Use Simple Giveaway Marketing Ploys To Make A Ton Of Money!
First off, let’s say Dean really had no particular expertise in this particular area that the text covered.
Say for example Deans particular expertise is buying distressed Real Estate and the text covered how to buy property through the probate process.
Because Dean already has established his credibility with his audience, he just lends his credibility to the books actual author and agree to give the book away to the first 100,000, (or X) number of wealth seekers that call his toll free number.
Unfortunately Far Too Many Aspiring Entrepreneurs Neglect And Or Ignore Altogether The Long Term Money Making Potential Of The Back End Of Their Business And Or Service!
Here’s where it really gets interesting. So please pay close attention.
Suppose ole Dean is crazy like a fox, (and he is), so he’s already decided that there is far more money to made on the back end of this transaction.
Since this (eye opening) example is merely for illustration purposes only. Let’s have a closer look at two potential long term money making opportunities available to him.
Just Take The First Sincere Steps Towards Making Positive Things Happen And Given Time They Most Definitely Will!
1.) First of all, since Deans (oh so) brilliant marketing team has already run their customers total lifetime value numbers.
They realize that about 20% of the 100,000 subscribers (give or take) that paid the $7 dollars for the book, they will upsell to Deans VIP $47 dollar per month paid Real Estate Investment membership site.
Which means, Dean stands to gross a whopping $940,000 dollars per month! (20,000 subscribers x $47 dollars per month = a staggering gross monthly profit of $940,000 dollars!
And typically, they will remain in the paid membership site for at least seven months! (Or X number of months.)
Which means Deans stands to gross $6,580,000 dollars! ($940,000 x 7 months = $6,580,000.)
And that’s just part (A) of his long term back end marketing strategy. Not bad though, right?
So What Type Of Opportunity Funnels Do You Currently Have In Place?
2.) Next, since Dean is planning on coming out with a brand new,(more advanced) online digital follow up course, that will retail for $697 dollars.
And Deans savvy marketing team already knows that (on average) about 30% of the 20,000 people that signed up for the $47 dollar a month paid membership site.
Will also further upsell to this more advanced digital course, plus receive the $1,047 dollars in free digital bonuses as well!
That means that an additional 6,000 paying customers, (30% of the original 20,000), will invest an additional $697 dollars.
Which means ole Dean stands to gross another $4,182,000 dollars! ($697 x 6,000 = $4,182,000.)
Learn To Look Just Beyond The Surface And You’ll Be Amazed At The Untapped Opportunities!
Not a bad payday, don’t you agree? Let’s be clear. These additional long term gross front or back end profits, definitely will not materialize over night!
But still in all, within one year or less, ole Dean has quite a challenge for his team of CPA’s! Does he not?
Hopefully now,you can see how some really cheap advertising ideas ,can definitely lead to some serious long term profits! Don’t you agree?
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