amp,#34,Explosive,Marketing,St DIY "5 Explosive Marketing Strategies For Exponential Bu
When starting a new work at home business it is very easy to become consumed by it. We spend so much time trying to get the business up and running that we may end up becoming burned out and lose our motivation. There is so much to learn and Normal 0 false false false MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable{mso-style-name:"Table Normal";mso-tstyle-rowband-size:0;mso-tstyle-colband-size:0;mso-style-noshow:yes;mso-style-parent:"";mso-padding-alt:0in
Do you know the answer to this question?"What can you do now to INSTANTLY increase theprofitability of your business?"Well, the answer is surprising simple. Change your strategy. Your strategy is the master purpose of your business. It'sthe fabric that binds your business systems together andthe bedrock of your business's entire operating approach.Here are 5 'instantly deployable' strategies that can takeyour business to new heights, regardless of what product orservice you're selling.Explosive Strategy #1: Big Picture AwarenessNapoleon Hill listed "Accurate Thought" as one of the mostimportant success principles.Most business owners don't even "think" about theirbusinesses and simply adopt a reactive approach.The truth is, you can't go anywhere unless you know whereyou're going.And frankly, this is why so many businesses out there fail,because they 'know not what they're doing'. Try this simple exercise to cultivate Big PictureAwareness: Get a whole bunch of colored pencils and a sketchpad, andstart creating a mind map of your business or next project.You should be able to look at the mind map and instantly tell: . Who's doing what. (For instance, web-design --> Webmaster) . The possible options your 'prospect' will take, and the outcomes. Points of upsell, downsell, cross-sellIn short, you should have every single piece of the 'puzzle' there. Objectively, your strategy should bring you the mostresults in the shortest period of time on the mostsustainable basis. Once your master strategy is in place,everything else is merely tactical.Explosive Strategy #2: Funnel VisionAlways remember: A Buyer, is a buyer, is a buyer. Every business should capitalize on the lifetime value ofthe customer through expansive repurchases of products andservices.Have a marketing funnel in place. Introduce ancillaryproducts that you deem to be performance enhancing. Thesecan be other people's products which you can obtain fromjoint venturing. Most importantly, you'll want to graduate your customer tohigher ticket items as it's high octane fuel for businessgrowth. Explosive Strategy #3: The "Inner Circle"You'll find that there are many people who are "belongers". Such people tend to pride themselves in being a 'part' ofan elite group and highly value membership and association.The savvy entrepreneur will do well to take advantage ofsuch behavioral traits and cater to this 'select' group. There is a threefold advantage in doing so. Firstly, it's ahighly efficient way to 'bundle' goods or servicestogether. Secondly, it's a great way to introducecontinuity in your business, and last but not least, itencourages hyper-responsiveness.Explosive Strategy #4: Identifying Hyper-responsivenessHave you ever encountered a customer who seems to buyalmost anything you put out? Customers who seem to be on"standby", waiting just to grab just about anything newthat you put out or recommend? It's a great idea to group such people into an "A-list". The 'high rollers' if you will. Usually, such people will come from your own database, andit should be your business priority to encouragehyper-responsive behavior. Make sure hyper-responsivenessis always well rewarded with surprise bonuses, freebies,and nurturing communication. Remember, because of the Pareto principle, 80% of yourprofits will come from 20% of your customers. Guess whobelongs to the 20%?Explosive Strategy #5: Multiple Income SourcesYou're practically leaving money on the table if yourbusiness is limited to a few channels. Affiliate Programs have made it possible for almost anybusiness to make money from ancillary products at a fewmouse clicks. Why go through the hassle of product development and thecosts associated with it. Remember, you're never in the'business' of anything, but you're always in the businessof marketing the 'business'.And all you have to do as an affiliate is basically market. Though many affiliate programs are free to join, it wouldalways be a good idea to purchase the product in questionand do a thorough review first before recommending it. While you don't exactly need 'brass balls', it isimperative to note though, that as an informationfacilitator, you should feel good about recommending aproduct that you sincerely know will benefit your list, andnot be afraid of getting 'flamed' for trying to pitch. If someone is offended and unsubscribes, then just shrugand say 'next'. You don't need such people on your list. There you have it, my "Big Five" strategies for optimalbusiness growth and profitability. Use them, and watch your business take on a new dynamism! A positive side effect may include swelling of your bank account.Best of all, they don't cost a cent to implement, so don't wait. The time is now. Article Tags: Such People
amp,#34,Explosive,Marketing,St