Why Savvy Entrepreneurs Would Never Ignore The Huge Potential Profit Buried In Their Vendors!

Please follow and like us:

Why Savvy Entrepreneurs Would Never Ignore The Huge Potential Profit Buried In Their Vendors!

So you and I, (as extremely) savvy entrepreneurs, are constantly on this never ending quest to inexpensively find, and or discover new, (and hopefully) reliable sources of customers and clients, correct?

And to date, we’ve tried this way and that way,right? And for the most part, this strategy we heard about, (kinda sort of worked) and as is typically the case, that other particular strategy, not so much!

And on and on it goes!(Sound familiar?) Yea, me too! 😎 Difference is, (I actually) prefer to think of all this, (at times)extremely nerve racking (must do activity), as strategic testing and or the (all important) discovery process!

Because you see, once you and I discover where the real “sweet spot” (and or) real consistent money making process,is, then it ‘s simply a matter of dropping (altogether) all the other non profit producing marketing approaches, and or profit making activities and running with what consistently works!

Over and over again!Entrepreneur, (please) get this vitally important point, (once and for all) this through your star struck head! It doesn’t have to be glamorous!It just has to work! 😎 So let’s quickly take a look at an incredibly overlooked, long term potential profit making possibility, that’s currently available to you, if you’ll just strategically tap your vendors and their ready made assets!

So Why Would Extremely Savvy Entrepreneurs Constantly Overlook And Or Ignore Altogether The Tremendous Long Term Potential Profit Opportunities That’s Currently Attached To Their Best And Most Reliable Vendors?

Isn’t it odd, that so often, what’s directly in front of us, is often what’s hardest to see? So here you are running two incredibly successful, local offline retail jewelry outlets.

(BTW, you merely substitute your business/service and or product for the jewelry store.) Anyway, you’re constantly investing money in (both) on and offline banner and or display or classified ads etc.Correct? You’ve even dabbled in a little (Pay Per Click (PPC) every now and then with at best, lukewarm results, right?

Hey big props just for being open to the possibilities! 😎 But still, those local, 30 to 60 second radio and TV spots, not to mention major local Sunday one sided newspaper inserts are outrageously expensive are they not?

And when you actually put a pencil to your actual cost per lead (CPL), you’re easily consistently writing checks for a range of $400 -$750 per lead!Ouch!

Granted, because your customers long term “lifetime customer value”, easily ranges somewhere in the neighborhood of $9,000 -$15,000 dollars, it’s so worth it! But still, wouldn’t you love to find (and or) create a reliable source of lead generation, that didn’t quite cost so much on the front end?

Well my friend, there is such a battlefield tested source, that’s patiently waiting for (either) you, and or one of your major competitors to strategically tap into them!

Savvy Entrepreneurs Don’t Overlook And Or Ignore Their Best And Most Reliable Vendors! (And Neither Should You!)

So here’s the deal already!Since you’re already on a first name basis with the man or woman that reliably delivers the water (or X) to your office every week and or month etc.

And they’ve been competently servicing your account for a while, correct? You know, there’s a very good chance that (either) their spouse, significant other, boss, employees, relatives, closet friend(s) and in laws etc.

Would absolutely love to have some really nice eye catching bling! 😎 Especially if they can get those (all important), first purchases or two, at your now legendary, VIP new customer only, super advantage discount rates!

So here’s how you (and or) your major competitors, strategically get the ball rolling! (In a big way!) If your vendor is a guy, offer to let him purchase a really nice watch and or gold chain or both! And provided he spends at least X! Just charge him your actual cost!For one or both!Say what?

And if your vendor is a lady, offer her (either) a really nice eye catching necklace and some really eye catching earrings, at your actual cost!

Provided she spends at least X!(And if she happens to spend more, let her pick out a really nice bracelet (worth at least X) and just give it to her free!

And be totally upfront with them about your reasons for doing so! You want to tap into their professional and personal networks now! 😎 And they will be a perfect walking, talking 24/7 billboard!

Because they’ll regularly dine with these people during the holidays and socialize with them after work!And here’s what you propose. You will give them, (say) 100 of these special business cards, you’ll have specially printed.

And they will hand print their full name on the back.And every time somebody wants to know “how” and where they can get the hook up too! The vendor simply gives the prospect your special lead capture page business cards.

And it invites the prospect to enter your segmented free drawing to win (either) a free women’s necklace worth at least $2,500 dollars! Or a really cool men’s $2,500 dollar Rolex watch!Alright! 😎

And once every 90 days, you and your staff will announce the two guaranteed winners! But we’re just scratching the surface here entrepreneur!Because your monthly free drawing/lead generation marketing strategy, has got some really cool incentives systematically built into it!

And you’ll discover what they are in part two! But for now, hopefully you’re starting to see and appreciate, how and why, extremely savvy entrepreneurs, cannot afford to continually overlook and or ignore altogether, the enormous long term profit potential that’s readily available to them.

Simply by strategically leveraging some of their most reliable vendors networks!Don’t you agree?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 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!