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Will You Add? - Make Your Business More Profitable
Advertising on Local Cable or Radio, Which is Best and Why? businesses that serve customers in your market. Offer to publicize their products and services to your customers in exchange for their publicizing your services to their customers.Most advertising executives and their sales forces will have all sorts of statistics why radio is better than cable television advertising or why cable advertising is better than radio. And each set of statistics is rather convincing indeed.Yet they contradict each other completely, but why? Well simple really you see the radio advertising sales people want you to put your advertising budget, all of it with them, while the Cable TV advertising e Tip: Don't expect non-paid publicity to replace your paid advertising. Instead, use publicity to supplement your advertising. You control where and when your advertising appears - and what it says. But you cannot control where or when you get publicity ...or how e How to Reduce Your Overheads More sales and more profit. Isn't that what you want from your business? It's not hard to achieve if you follow these 4 simple tips.Since profit is what you are left with after you have paid your business costs, it stands to reason that one of the ways you can increase your profit is by reducing your overheads. In this article we will share some key strategies to help you reduce your overheads and grow your business.Reducing OverheadsWhilst a quick fix solution to the issue of reducing overheads is always possible, businesses need to adopt a long term approac 1. Keep Adding More New Markets Every new market you open captures a new layer of sales ...and makes your business more secure. The more markets you serve the less dependent you are on the sales from any one market. Tip: You can quickly add several profitable new markets to your business by sub-dividing your present market into several narrowly defined niche markets. Then create customized versions of your current advertising that offers specific solutions to the unique needs of each niche market. 2. Continually Add Something New Every time you add something new to your business you create additional opportunities to close sales. For example, by just adding one new product or service to the list of those you already offer you create 3 new selling opportunities: 1) It attracts new prospects who are not interested your current products and services. 2) It generates activity from existing customers who want to find out about your new product. 3) It enables you to create attractive combination packages of two or more items ...which also produces some bigger sales for you. Tip: Even something as simple as adding something new to your web site creates more selling opportunities for you ...by attracting both new visitors and repeat visitors. 3. Find Some Ways to Generate Publicity Publicity is what you get when somebody else promotes (or you get them to promote) your business. It creates more credibility than advertising - and generates sales without an advertising expense. Look for some ways you can generate some publicity for your business. For example, contact non-competing businesses that serve customers in your market. Offer to publicize their products and services to your customers in exchange for their publicizing your services to their customers. Tip: Don't expect non-paid publicity to replace your paid advertising. Instead, use publicity to supplement your advertising. You control where and when your advertising appears - and what it says. But you cannot control where or when you get publicity ...or how e Advertising Is Dead. Long Live PR b-dividing your present market into several narrowly defined niche markets. Then create customized versions of your current advertising that offers specific solutions to the unique needs of each niche market.Although I still believe there is a place for advertising as a brand maintenance or brand affirmation tool, I am convinced that to build a brand today, you need PR. At one time advertising did build brands. But this was in a simpler America. That America, sadly, is no more.I’ve been re-reading The Fall Of Advertising & The Rise Of PR, by Al and Laura Ries, and it is their book that has moved me from suspicion of advertising’s demise as a brand-b 2. Continually Add Something New Every time you add something new to your business you create additional opportunities to close sales. For example, by just adding one new product or service to the list of those you already offer you create 3 new selling opportunities: 1) It attracts new prospects who are not interested your current products and services. 2) It generates activity from existing customers who want to find out about your new product. 3) It enables you to create attractive combination packages of two or more items ...which also produces some bigger sales for you. Tip: Even something as simple as adding something new to your web site creates more selling opportunities for you ...by attracting both new visitors and repeat visitors. 3. Find Some Ways to Generate Publicity Publicity is what you get when somebody else promotes (or you get them to promote) your business. It creates more credibility than advertising - and generates sales without an advertising expense. Look for some ways you can generate some publicity for your business. For example, contact non-competing businesses that serve customers in your market. Offer to publicize their products and services to your customers in exchange for their publicizing your services to their customers. Tip: Don't expect non-paid publicity to replace your paid advertising. Instead, use publicity to supplement your advertising. You control where and when your advertising appears - and what it says. But you cannot control where or when you get publicity ...or how e Three Core Questions That Define Organizational Culture u create 3 new selling opportunities:"I respect those who know their own wishes. The greatest part of all the mischief in the world arises from the fact that many do not sufficiently understand their own aims. They have undertaken to build a tower, and spend no more labor on the foundation than would be necessary to erect a hut." — Johann Wolfgang von GoetheOver the years we've been involved in too many "vernacular engineering" debates as management teams argue about whether the st 1) It attracts new prospects who are not interested your current products and services. 2) It generates activity from existing customers who want to find out about your new product. 3) It enables you to create attractive combination packages of two or more items ...which also produces some bigger sales for you. Tip: Even something as simple as adding something new to your web site creates more selling opportunities for you ...by attracting both new visitors and repeat visitors. 3. Find Some Ways to Generate Publicity Publicity is what you get when somebody else promotes (or you get them to promote) your business. It creates more credibility than advertising - and generates sales without an advertising expense. Look for some ways you can generate some publicity for your business. For example, contact non-competing businesses that serve customers in your market. Offer to publicize their products and services to your customers in exchange for their publicizing your services to their customers. Tip: Don't expect non-paid publicity to replace your paid advertising. Instead, use publicity to supplement your advertising. You control where and when your advertising appears - and what it says. But you cannot control where or when you get publicity ...or how e Can Slow Growth Boost Outsourcing? s more selling opportunities for you ...by attracting both new visitors and repeat visitors.It is no secret that more and more companies are moving their projects outside of the company walls by using outsourcing and freelance services to complete the projects. This move has made it possible for companies the world over to remain profitable in the face of economic downturns. This speaks directly to the benefits to be had when outsourcing projects to freelance professionals from all over the world. So many people are skilled in certain area 3. Find Some Ways to Generate Publicity Publicity is what you get when somebody else promotes (or you get them to promote) your business. It creates more credibility than advertising - and generates sales without an advertising expense. Look for some ways you can generate some publicity for your business. For example, contact non-competing businesses that serve customers in your market. Offer to publicize their products and services to your customers in exchange for their publicizing your services to their customers. Tip: Don't expect non-paid publicity to replace your paid advertising. Instead, use publicity to supplement your advertising. You control where and when your advertising appears - and what it says. But you cannot control where or when you get publicity ...or how e Tools To Help You Focus And Concentrate On Your Goals And Objectives In Business And Employment businesses that serve customers in your market. Offer to publicize their products and services to your customers in exchange for their publicizing your services to their customers.For some people, meeting objectives and goals can be difficult. If you are one of the millions of people who have trouble with focus and concentration, don't give up; by following simple guidelines; there is hope for you to reach the goals that you have set for yourself.The place in which you work has its own atmosphere. The office or cubicle in which you work should reflect your personality. It should be quiet, and you should have an adequate, Tip: Don't expect non-paid publicity to replace your paid advertising. Instead, use publicity to supplement your advertising. You control where and when your advertising appears - and what it says. But you cannot control where or when you get publicity ...or how effective it is. 4. Implement a System to Promote Customer Referrals Referrals from customers are easier to sell than cold prospects. And they don't cost you anything. Unfortunately, most customers don't volunteer referrals. You have to ask for them. A simple, passive way to ask for referrals is to use a brief customer survey. Send it to customers by postal mail, email, or post it on your web site. The survey I use only asks 3 questions: 1) What did you like best about our (product or service)? 2) What can we do to improve the value of our (product or service) for you? 3) Who else do you know that wants to (state the benefit provided by your product or service)? The first 2 questions focus your customer's attention on the benefits they got from you. Customers will be more likely to provide referrals at the 3rd question when you have them thinking about the value of those benefits. Tip: Pay attention to the answers you get to the first question. It often generates a response you can use as a testimonial (with your customer's permission). More sales and more profit. If that's what you want from your business, start by following these 4 simple tips. They produce results quickly ...and don't require much of your time or money. Copyright 2005 Bob Leduc http://BobLeduc.com
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