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Will You Add? - 8 Ways to Earn More Without Working Harder
Throwing Good Money After Bad Design-Is Your Small Business Wasting Money on the Wrong Graphic Artis likely to choose the second biggest, which
cost more than the previous second biggest frame.A lot of my friends are graphic artists, they're great people and honestly, there are a couple of them that are pretty darn good at creating art. But you're about to learn that art, unless you sell art, won't help you attract more customers and grow your business. After reading this article my artist friends are probably going to like me a lot less. That's because this article uncovers some striking truths of small business owners throwing large sums of money away by hiring graphic artis 4. Create a repeat-billing product or service instead of selling one-shot products or services. Get clients to sign on to some sort of ongoing service plan, and you get a longer, larger return from each of your marketing efforts. For the photographer, this could be a plan for enlargements tailored for a number of holidays spread throughout the Premises and Principles of Sales Conventional wisdom has it that there are only three ways to
grow your business: find new customers, increase the amount
of each sale to existing customers or get customers to buy
more frequently. But I've seen business owners go blank
when presented with those three options. So here is a more
useful list of ways to increase your total revenues without
in most cases having to put in more hours at the office.sold to such a sophisticated client base had to follow some sort of secret code just to get access to an elite clientele. But as it turns out, the issues that a sales rep faces when selling to high net worth individuals is not all that different from those issues that are faced by a sales rep that sells to the average bear.The principles that I shared with them seemed to be able to solve many of their sales challenges. Keep in mind that if you spend your time focusing on changing your premises and 1. Charge by the project rather than by the hour. Hourly fees are a death trap for the experienced professional. You get penalized for being able to zoom right in to the nub of the problem and its solution. If you are good at what you do, instead provide customized quotes for each whole project. Most clients prefer this anyhow, so that they know in advance what they will owe you. The exception is when you can't nail down the scope of the project before getting started; in that case alone, revert to hourly fees. 2. Boost your exclusivity and perceived value. If you emphasize that you don't sell to just anyone who shows up at your door, but you have certain criteria for the clients you choose to serve, people become more eager to engage your services. Likewise, if you drive home the value that you provide with testimonials, case studies, client lists and specific results you have achieved in the past, you'll get a greater return from all the marketing you're already doing. 3. Create higher-end, higher-priced programs and options. A photographer friend of mine learned that people enjoy options to select from, and they most like to select the next-to-most-expensive option. So to increase her income from framed family portraits, she simply offered a larger and more expensive frame as the biggest option. Customers were then more likely to choose the second biggest, which cost more than the previous second biggest frame. 4. Create a repeat-billing product or service instead of selling one-shot products or services. Get clients to sign on to some sort of ongoing service plan, and you get a longer, larger return from each of your marketing efforts. For the photographer, this could be a plan for enlargements tailored for a number of holidays spread throughout the 7 Mental Marketing Principles for Authors and Solo Professionals ther than by the hour. Hourly
fees are a death trap for the experienced professional. You
get penalized for being able to zoom right in to the nub of
the problem and its solution. If you are good at what you
do, instead provide customized quotes for each whole
project. Most clients prefer this anyhow, so that they know
in advance what they will owe you. The exception is when
you can't nail down the scope of the project before getting
started; in that case alone, revert to hourly fees.Authors and solo professionals can grow their businesses by mastering the seven mental marketing principles outlined below:Try new things. It is crucial that you stay involved in your industry and network with other professionals. You will learn the techniques that really work and build phenomenal long-lasting partnerships this way. For instance, have you considered hosting an online radio show, podcasting, or blogging to promote your books and other products?Recogni 2. Boost your exclusivity and perceived value. If you emphasize that you don't sell to just anyone who shows up at your door, but you have certain criteria for the clients you choose to serve, people become more eager to engage your services. Likewise, if you drive home the value that you provide with testimonials, case studies, client lists and specific results you have achieved in the past, you'll get a greater return from all the marketing you're already doing. 3. Create higher-end, higher-priced programs and options. A photographer friend of mine learned that people enjoy options to select from, and they most like to select the next-to-most-expensive option. So to increase her income from framed family portraits, she simply offered a larger and more expensive frame as the biggest option. Customers were then more likely to choose the second biggest, which cost more than the previous second biggest frame. 4. Create a repeat-billing product or service instead of selling one-shot products or services. Get clients to sign on to some sort of ongoing service plan, and you get a longer, larger return from each of your marketing efforts. For the photographer, this could be a plan for enlargements tailored for a number of holidays spread throughout the The Power of the Reminder in Sales arted; in that case alone, revert to hourly fees.If you are not using a reminder tool in your sales process, your customers will forget you are around. In most cases, probably 90 percent of the time, a buyer is not ready to buy, when you are ready to sell. If you have an automated reminder program in your sales process, you will capture more sales automatically.TOMA is Critical to success Top Of Mind Awareness (TOMA) is the sales goal we must strive for with our prospects and customers. Our customers are bombarded with thousands of mess 2. Boost your exclusivity and perceived value. If you emphasize that you don't sell to just anyone who shows up at your door, but you have certain criteria for the clients you choose to serve, people become more eager to engage your services. Likewise, if you drive home the value that you provide with testimonials, case studies, client lists and specific results you have achieved in the past, you'll get a greater return from all the marketing you're already doing. 3. Create higher-end, higher-priced programs and options. A photographer friend of mine learned that people enjoy options to select from, and they most like to select the next-to-most-expensive option. So to increase her income from framed family portraits, she simply offered a larger and more expensive frame as the biggest option. Customers were then more likely to choose the second biggest, which cost more than the previous second biggest frame. 4. Create a repeat-billing product or service instead of selling one-shot products or services. Get clients to sign on to some sort of ongoing service plan, and you get a longer, larger return from each of your marketing efforts. For the photographer, this could be a plan for enlargements tailored for a number of holidays spread throughout the Public Relations for Al Queda past, you'll get a
greater return from all the marketing you're already doing.What type of public relations does an international terrorist organization need which kills innocent people? Surely if you go around killing innocent life then you need some sort of public relations campaign. For instance in Lebanon; Hezbollah claimed it would help rebuild and was giving out $100 bills. This is a public relations campaign, but not a very good one when you consider its costs.Community Goodwill is important but what can Al Queda do now that it has caused a severe divide in the world an 3. Create higher-end, higher-priced programs and options. A photographer friend of mine learned that people enjoy options to select from, and they most like to select the next-to-most-expensive option. So to increase her income from framed family portraits, she simply offered a larger and more expensive frame as the biggest option. Customers were then more likely to choose the second biggest, which cost more than the previous second biggest frame. 4. Create a repeat-billing product or service instead of selling one-shot products or services. Get clients to sign on to some sort of ongoing service plan, and you get a longer, larger return from each of your marketing efforts. For the photographer, this could be a plan for enlargements tailored for a number of holidays spread throughout the Partnering: Finding Your Strengths and Weaknesses likely to choose the second biggest, which
cost more than the previous second biggest frame.In partnering, the first thing you need to do is figure out your strengths. What it is that you do best? What does your store enjoy? What’s financially viable? What you’re planning on doing for the next six months to a year? You really want to make sure that you’re not partnering with someone that’s going to be a direct competitor of yours and vice versa.What's Your Specialty?It might be network consulting for small dental offices. It might be document imaging solutions for small law offices. 4. Create a repeat-billing product or service instead of selling one-shot products or services. Get clients to sign on to some sort of ongoing service plan, and you get a longer, larger return from each of your marketing efforts. For the photographer, this could be a plan for enlargements tailored for a number of holidays spread throughout the year, such as Mother's Day, Father's Day, Christmas and Valentine's Day. 5. Revise your current products and services for a specialized market and charge more. Whatever the industry, people believe they have special needs and therefore they will pay more for products and services specifically for them. By making small and in many cases insignificant changes in your offerings, you can increase people's willingness to pay more for your items or your knowledge. 6. Sell related products and services - your own or someone else's - to current and past customers. Hair stylists easily sell mousse and conditioner to their clients, who want to look as great when they're on their own as they do when walking out of the salon. When people buy from you, what else do they typically need to enjoy a complete solution to their problem? Mark up the offerings of other service or product providers along with your own, and your total revenues go up. 7. Make it possible for clients to prepay and "stock up" on your services or products. I pay for the next winter's fuel each summer and get a lower price per gallon, and the fuel company gets lots more money earlier. Similarly, offer a slight discount for six months or a year's worth of your consulting services, and your cash flow can instantly improve. 8. Simply raise your prices. Most entrepreneurs charge too little and are thereby earning less than they could with every sale. Raise the price of your book from $17.95 to $19.95, or of your fee for cleaning teeth from $90 to $99. Usually there's little or no resistance from your market. Sometimes with a significant raise in prices, you lose some customers but revenues increase overall. That's the goal!
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