By At Least 25% In The Next 90 Days Or Less….
Does it make sense for you to constantly pay retail in order to create new first time customers?
In order to increase your long term business profits.
Especially when you have an absolute ton of other struggling cash starved small business owners, and or service providers, who under the right circumstances.
Would be more than happy to help you uncover these new first time, (and repeat) customers for literally peanuts.
Here are seven simple low cost proven ways any serious (on or offline) small business owner can use to increase their bottom line profits in the next 90 days or less.
Your Long Term Profits Can Often Be Found In Another Entrepreneurs Assets…
1.) This first example applies primarily to offline businesses which have their current customer base on some type of mailing list.
Only after you’ve run your numbers, (meaning) you know your best customers total ‘lifetime customer value.
And how much you can safely afford to invest in any type of ongoing marketing (advertising) strategies, in order to create them.
Look for several inexpensive (and creative) ways to reactivate old, (and X) inactive customers.
One of the simplest ways is by offering your old customers some really nice practical bonus products or services, (that your savvy) JV (Joint Venture) partners will gladly supply to you.
And you can then ethically bribe your ex or inactive customers to start purchasing from you again.
For example purposes; let’s say that one of your low end products or services normally cost $37 dollars.
You can offer your ex or inactive customers, (for an extremely limited time), a grand total of, a combination of ( $77 dollars) in reactivation bonuses for purchasing from you again!
Hint: This exact same concept works for service providers to persuade new first time customers to make that all important first purchase.
How To Build A Sales Funnel Which Really Works!
If your list of inactive customers (or your) JV partners inactive list is large enough, a market tested ethical bribe can (and will) strategically cause an avalanche of old or ex inactive customers to return in droves!
In any event, it’s definitely worth inexpensively testing on a small scale this powerful long term proven money making strategy. Don’t you agree?
2.) First look within your own (business, product or service) for previously under performing assets. Or previously unused assets.
For example; currently you or one of your joint venture partners may have unused floor space, which you could strategically lease (or offer) on a JV consignment profit sharing basis.
And allow your JV partner(s) to offer their product or service to your customer base and they only pay a certain pre negotiated percentage when an actual sale is made. Similar to the way the Pay Per Click (PPC) advertising business model works.
It Never Hurts To Develop Some Reliable Strategic Alliance Partners!
There is a literal ton (buried) in every business (to different degrees) obviously, of unused or under performing assets. Another ex: let’s say you rent a booth at the annual industry national conference.
Most of your competitors (99%) of them simply rent a booth and attempt to sell their products or services, without doing anything which will set them up long term for peanuts.
Meaning – (on average) less than 2% of the people that rent the booths will do anything to build their opt in email/mobile marketing list. In order to systematically build long term profits for years and years to come.( Don’t make this same mistake!)
The Key To Consistently Profiting Long Term Is By Strategically Leveraging Someone Else’s Major Assets….
If your business or service needs the same prospects/customers, who attend these conferences. And your product or service is non competitive.
You could offer to finance (put up the money) for a powerful free drawing and you both agree to share joint ownership rights to the list.
You pay for (at actual cost), of the Grand first prize and your JV partner selects the winner. Then after they produce a data base or email list etc. The both of you get copies of the list to actively market to from now on. 😀
3.) This next concepts is an extension of the last one. Only not in a straight forward sort of way. So pay please pay very close attention here.
Whenever you mail any type of outgoing first class enveloped mail. You can (from now on), dramatically reduce up to 90-100% of your upfront ongoing traditional costs.
Such as first class postage, printing and type setting etc.
And its no surprise these and other (constant), and ever increasing ongoing costs, can and will eat up what little, (if any) gross profits you might otherwise expect.
Especially on the initial front end of your sales funnel.
If you’re a savvy small business owner, who is strategically building your customer list and now you wish to mail them your annual catalog via first class enveloped mail.
After postage, typesetting and printing you’re looking at a rather costly investment of $3,700 dollars. Or X.
How Much More Successful And Or Profitable Would You Be If You Could Systematically Reduce Or Eliminate Altogether 90-100% Of Your Traditional Upfront Cost?
So before this package leaves your door, you’re already $3,700 in the hole. By strategically creating a powerful long term JV (Joint Venture) arrangement, with another (more successful) company which has a non competitive product or service.
And who typically spends tons of money on a daily, weekly and monthly basis, in order to reach your exact same customers.
You could offer to simply include their best market tested post card/index card and or one -three page sales letter inside your outgoing package, provided their sales piece doesn’t increase your postage rates.
But with a nice marketing twist (of course). If they want to keep 100% of both their front & back end profits. Then they simply pay for the entire cost of your mailing.
Meaning- if they typically spend on monthly basis, anywhere over $10-$25K per month on all of their advertising.
For just (X) or in this particular case, $3,700 dollars, they’ll reach the exact same prospect for a fraction of the cost.
Plus, if they allow you (or your) staff to test this product or service on an exclusive trial basis, either for free or at their actual cost.
And you get any type of real benefits from it. You (and ) your staff will be more than prepared to provide them with some serious bank account filling testimonials!
There’s Always Some Extremely Viable Ways To Increase Your Profits!
Or if you’re already the successful big time company. With the deep pockets. You can find some smaller (up and coming) but well run cash starved small business owners and offer to let them access your outgoing mailings in exchange for their products or services at their actual costs.
That way they don’t lose any money as they strategically grow their business. They get access to the big boys & girls corporate accounts and you simultaneously dramatically lower one of your ongoing expenses. That’s win/win.
4.) Failure to strategically use “Take No Prisoners” low cost high powered Customer Service to make a fortune!
This is a great spot to remind you of two very important things.
1.) The absolute best money making marketing strategies for your time and money, are not only being shared on these free posts!
No way! To get the other more advanced secrets, you need to become part of the marketing “Inner Circle! Which means you gotta join the list! Do it now!
Stop missing out! In any any event. Are you starting to appreciate how you definitely can, steadily increase your long term business profits! And in some cases, for literally pennies on the dollar. Say yes!
(Q. Which one of these five incredibly simple marketing strategies will you be applying to your business and or service in the next 30 days or less?)
You’ll also get your powerful 22 step small business marketing idea kit series.
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!
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Extremely important note: And if by chance, you happen to know any of the lesser known podcasters,(or radio show host)
who also target small business owners, service providers or aspiring startups entrepreneurs etc.
And they’re pro-actively looking for potential guest speakers. Please don’t hesitate to-either- pass their name and contact information directly
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