Ways To Increase Profits:How Savvy Entrepreneurs Consistently Uncover Hidden Profit Opportunities!Part Two
So did you happen to notice in part one, that when it comes to uncovering several proven, (no brainer) ways to increase profits, for your cash starved small business and or service, that once you really take a much closer look at the overall marketing possibilities.
There are literally, tons of previously untapped marketing opportunities,just waiting to happen.
Remember in part one, “how” superstar business consultant Brad Sugars, expertly demonstrated, just by having the lawyers of a high powered law firm, of 100 plus attorneys,simply routinely start asking their best clients, and or customers “if” they needed an updated X?
And just like mega corporation McDonald’s, which literally adds ten’s of millions of extra dollars every day, to it’s bottom line, by having these 16 year old’s ask, a simple six word question! “Would you like fries with that?”
Brad’s simple, no brainer marketing strategy, routinely causes, anywhere from 15–30% of the law firms, constantly growing customer base, to respond yes, to that incredibly simple question!
Part two of this ongoing series, will reveal at least two more incredibly simple ways, some extremely savvy entrepreneurs consistently increase their long term gross profits, for literally pennies on the dollar!
So When It Comes To Uncovering Some Proven Ways To Increase Profits!
(What Are Some Of Today’ Savviest Entrepreneurs Up To?)
Case in point, (on average) “how” many frequent flyers, especially business men & women,per week, do you think routinely take the so called (Red eye) flights, back and forth, attending to company business?
Right! So “how” come the airline counter person isn’t instructed to ask, “how” much would you like to save off your next (Red eye) flight? Huh?
Meaning, going forward, the airlines will offer the frequent business traveler, the chance to join their “VIP Red Eye’s Club.”
And let them get automatic text message/opt in email alerts, for any coming super discounted scheduled “Red Eye” flights, to the exact same destination, the business professional is already frequently traveling to!
And simply by giving them an offer that’s hard to refuse.
(Meaning), they’ll not only save X, but save X plus, simply by joining the airlines opt in email/mobile marketing list, to get periodic updates on the most current, scheduled “Red Eye” destinations and pricing.
Successful Entrepreneurs Leverage All Too Common Situations! (And You Definitely Should Too!)
And (entrepreneur) it’s very possible, an additional 10- 30% of those paying customers, will readily take advantage of such a marketing opportunity! Wouldn’t you?
And that represents free additional business, just waiting to happen!Don’t you agree?
(And remember ladies & gentlemen, this specific example of an airline, and a “Red Eye” flight, are merely being used to convey the specific marketing concepts and or strategies, by way of a proven -real world-example.
There are merely being used to convey the virtually unlimited, marketing possibilities, that often exist just below the surface, in reality!)
Entrepreneurs Look For Needs And Wants And Do Their Best To Consistently Satisfy And Address Them!
Here’s a really simple (market tested) twist, to play off what was previously mentioned above, in terms of leveraging, a given situation that’s all too common.
Take a local,Mom & Pop run, family style restaurant. Why not inexpensively test, offering Mothers & fathers, (and or grand parents or legal guardians), that come to your restaurant with kids, (say) ages ten and under.
Offer to let the parents “lock” in the price of (any two) kids, ages ten and under, and those two kids get their next ten large sodas, and two deserts each, for just $1 dollar, per visit! Or X!
And this coupon is good for the next six (or X number of) months!Just to be clear. At least two kids per visit,(whether) they are legally related to the adults or not!
Your Small Business And Or Service can Be Customized To Service Practically Any Type Of Paying Customer Base!
At least two of them, (provided) they are ten years of age or younger, they get any one slice of desert, and or one large soda, for one dollar each! (Two dollars total.)
And this offer is good for the next six months! Or if the adults/parents prefer, for a one time fee of $7 dollars (or X), they get a two sided laminated discount card, that automatically extends this same offer for the next twelve months!(And they can renew it annually, indefinitely, if they wish to.)
Are Starting To See Just How Practical It Truly Is To Take Your Business And Or Service To The Very Next Level Or Two!
Plus, the person, (adult) and or parent, whose name is on the card, automatically saves 50% off any one meal,(once a year), and they can choose to take any day of the year they wish!
And all the restaurant owner(s) does is hole punch the card, once the parent elects to save 50%! And they’ll automatically save an additional 10%, on that day, if they bring any adult with them, whose 18 and over!
Can you see “how” this really simple marketing twist, which can easily be, inexpensively tested, and tweaked if necessary! But doing so, offers even more proven ways to increase profits! Don’t you agree?
Whose Says Your Small Business And Or Service Has To Remain Cash Strapped!
So that’s just a small glimpse into, “how” of today’s savviest entrepreneurs, dramatically lower some of their traditional, upfront out of pocket cost, while simultaneously increasing, their overall gross profits!Any questions?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!
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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 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!
