(And “How” You Definitely Can Too!)
Obviously it’s no real secret, any and every semi resourced challenged small business owner and or service provider, is occasionally gonna have a tough time or two, correct?
No doubt.
And if you or they, attempt to borrow your way, out of and or into some type of long term success.
You often very quickly discover, traditional types of business bank loan financing, can ultimately become, an albatross which can and definitely will cause your business to falter and or eventually fail altogether, correct?ally
For these and many other reasons, it probably makes a whole lot of economic sense, for you to discover, at least three proven ways to constantly generate more income, asap.Does it not?
So Who Else Definitely Wants To Discover 3 More Proven Ways Savvy Small Business Owners And Or Service Generate At Least 25% More Long Term Gross Income Really Fast!
(And “How” You Definitely Can Too!)
Ladies & gentlemen, for this first (real world) marketing example. Which actually comes from some of the things, several of the most prolific advertisers and or marketers do, in order to constantly generate, their all important first time customers.
With that as your back drop.
Once again, let’s suppose, you currently run and operate, a fairly successful, single location, (combination) inconvenience store and gas pump.
And you currently have two full two full time employees, (with not exactly) earth shattering benefit packages. 😀
Savvy Entrepreneurs Are Able To Consistently Leverage The real Back End Income Generating Components Of Their Businesses And Or Services! (And So Should You!)
And your average spread of just seven cents on the three primary gasoline-s you sell.Plus the coffee and over priced packages of cigarettes, donuts, bagels with cream cheese and lunch time sub sandwiches you routinely sell, M-Sat.
Helps pay your not exactly cheap monthly commercial lease.
Helps keeps the lights on and pay your two full time employees weekly salaries.But truth told, every body knows, including (both) of your two full time employees and your extremely loyal customer base.
Where you earn the vast majority of your income, is on the transmission and brake jobs and muffler installs and repairs etc.
Especially on those rather expensive foreign automobiles. 😀 Your garage will gladly take all that type of work plus the fancy,(extremely high profit margin), high end detail work your service garage is quickly becoming extremely well know for. 😀
This Is How Your Resource Challenged Small Business And Or Service Creates Multiple Streams Of Income!
Now because your service garage has started to become extremely well known and loved, by the locals, for your high end detail work, as well as your highly regarded service/repair work too.
It’s no wonder, from time to time, several local retailers, who target your exact same high end customer/consumer.
They will reach out, with the following passive income producing proposal(s.)They gladly pay you, (and or) your major competitors, to provide them with the current (if any) local radio station, the consumers car/truck was tuned into, when they initially brought it in for servicing.Say what? 😀
Extremely Savvy Entrepreneurs Can Routinely Leverage A Little Into A Whole Lot! (And So Can You!)
That’s correct.And typically, some extremely marketing savvy retailers and or service providers, just depending on ‘what’ their ideal customers total lifetime customer value metric numbers are.
They’re more than willing to pay as much as $100 dollars per car/truck. 😀 After all, say in the case of a local retail appliance dealer.
And they sell high end car stereos, in home and office computer systems and complete -deluxe- home entertainment systems etc.
Their ideal male customer alone, could easily be worth anywhere between $6,500 – %11,000 dollars over the next five to seven years. 😀
Your Small Business And Or Service Can Easily Become The Bridge For Other Non Directly Completing Vendors!
So let’s say your garage easily services over 40 cars/trucks a month. And you were to initially test the water and charge a local retail appliance dealer, $100 dollars per car/truck, you provided them this critically important info to.
And all together, 28 of this months 40 customers, has their car/truck radios, tuned into local stations, when they initially brought them in.
For less than one hours worth of total work, you could easily have one of your main auto mechanics, make a quick note. And you just added an additional $2,800 dollars gross to your bottom line! Did you not? (28 x $100 dollars per car/truck = $2,800 more per month.)
Which ultimately equates to an additional $33,600 dollars per year. And that’s just the bare bones minimum, front end only. Say what? ($2,800 per month x 12 months = an extra $33,600 dollars in gross profit)
Are You Starting To Appreciate How You resourced Challenged Small Business And Or Service Can Easily Create And Or Generate More Money Really Fast!
But seeing ‘how’ you definitely know and understand a thing or two, about total lifetime customer value metrics.Because that $2,800 dollar a month increase in revenue, is pretty much chicken feed, compared to ‘what’ it could and should be.Correct?
Here’s what you counter propose instead. Going forward, you will inexpensively A/B split test, various two sided (flyers) and or two sided post card offers.
And leave them (either) taped to the steering and or in a fancy sealed envelope in the drivers seat. 😀
Extremely Successful Entrepreneurs Always Spot The Hidden Benefits Of the Main Benefits!
And the local non directly competing vendor, can offer the service garage customers, some extremely time sensitive offer(s), to get them to (either) initially join the vendors opt in email/mobile marketing list.
So they can enter some type of periodic, monthly and or quarterly free drawing, and or simply take advantage of some type of extremely time sensitive, first time customer only discounts.
Either way, once the marketing smoke clears, the extremely marketing savvy garage owner, wants a 25%, front end affiliate style joint venture (JV) partner revenue share arrangement with the vendor(s.)
Is Your Resourced Challenged Small Business And Or Service Worth The Extra Effort Or Not!
In the interest of both time and space, in parts two and beyond, you’ll not only discover the two primary remaining marketing strategies and or tactics.
But even more proven ways, this extremely marketing savvy service repair garage owner, consistently creates and or generates multiple streams of income producing opportunities.Okay?
But for now, are you starting to better appreciate, how some extremely savvy small business owners and or service providers, consistently make a whole more money really fast!
And how you definitely can too!
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!
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 gross profits by as much as 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!
