Three Incredibly Simple Ways To Increase Profits Without Adding Any New Customers!
(To Your Business And Or Service!)
Honestly, have you ever noticed how sometimes, it’s the simplest things, that can ultimately lead to the major breakthroughs, in both your personal and business life. For example, when it comes utilizing effective proven ways to increase profits, in your cash starved ,struggling small business and or service. There is simply no need (or reason) for you trying to reinvent the wheel.
When there are literally dozens upon dozens of proven ways, for you to get the job done.
Three Incredibly Simple Ways To increase Profits!
( Without Adding Any New Customers Or Clients!)
First of all, let’s avoid the obvious strategy of simply raises certain prices, because that may not be a viable option for you. In the face ever increasing competition.
1.) Strategy # one: Any time can you can effectively dramatically under performing workers/associates and or assets, it’s definitely worth doing.
For ex: you A/B split test (on small segment) of your daily, weekly or monthly telephone inquiries and quickly discover that, one approach out pulls the other by a whopping 67.37%!
look what just happened; you systematically increased your profits, improved overall efficiency and found a more productive way to accomplish your end goal! And you didn’t have to invest an additional penny on new equipment or staff!
And by the same token, by inexpensively A/B split testing your direct mail post card mailing campaigns, you discover one main power headline increases your responses rates by an additional 47.21%
Again, your net results is, more gross profits, without increasing your costs one thin dime! Combine those two increases in profitability and you’re talking some serious money!
There Really Are Of Dozen Of Proven Ways To Increase Profits! (Without Adding Any New Customers Or Clients!)
Entrepreneur, everybody has under performing employee/associates and or assets, the trick is to discover and improve them asap!
2.) Strategy # two: Since you run a fairly successful (local offline) hair salon, and (without a doubt, know all of your customers by the their first name!) send them a, since I you haven’t seen (you) for a while, come back right away message of some kind.
Or send them (either) a “you’ll get this, the moment you come back!’ text and or email or snail postcard!
In other words, get cracking or re-activating those old inactive customers and or clients!
After all, they already know and trust you right? So you don’t have to devote anywhere near the resources on them, as you would trying to compete in your cold market, for that brand new first time customer or client!
3.) Strategy number three: Any time you can proactively compel your best customers and clients to do (one of two things) either spend a little more upon each visit or refer more higher paying customers or clients, you’ve just further increased your profits, without having to add new customers or clients!
(Note: New customers or clients, added as a direct result of customer/client referrals, are infinitely preferred to adding new customers from your cold market!0
Implement these three proven methods, in any combination that makes you more successful, and you’ve just discovered some proven ways to increase profits!
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!
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