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Have You Heard Of These 4 Ways To Grow Any Business?By: Keir Smith, Thu Dec 8th, 2005 08:16:42 PM © Copyright 2005 by Keir Smith So you've built an online business, now what? What's your next move? (Article continued below)
Obviously, you want to grow your business even more right? Yet do you know that there are only 4 ways to grow your business. I'm talking about any business. Whether it's online or offline, whether you're a small mom and pop business or a huge fortune 500 company. And I'm here to tell you that there's an easy way grow your online business that you can start using right after you finish reading this article. So that's it. That's what I'm going to talk about. Your online marketing practices, and how you can use these simple marketing strategies to boost your online profits by the time you finish reading this article. You can use a few extra hundred dollars coming from your business without any real additional extra work can't you? Okay, so how about those 4 strategies huh? The strategies that I'm referring to are: Selling old products to your old customers Selling old products to your new customers Selling new products to your old customers Selling new products to your new customers Not really earth shattering stuff, huh? But if you follow these 4 strategies you can control and dominate any market you choose. How's that for simplicity. If I would have known about these 4 little soldiers 5 years ago I would be a millionaire by now. (smile) Anyway's, here's how you can begin using these soldiers to build your money fortress. 1. Selling old products to your old customers. A simple way to do this is to take a product or service that you've sold your customer in the past and simply offer a price discount, or a sale, buy one get one free, etc. For example If you've sold an email course to your customer in the past, then you can sell them the same course again by offering what I like to call the "sports illustrated offer." By this I mean that you will lead with an exciting bonus that you know that your customer would really want. Here your bonus offer should be perceived as being more valuable than your regular offer, which just so happens to be your email course. Yep you can actually get people to buy your email course over again if you make your offer so irresistible that they will want the bonus more than your email course - and will purchase it again. 2. Selling old products to new customers. This one works by finding a new market for you old existing product. For example, we'll use the email course again. Let's say that you sold an email course that showed beginning entrepreneurs how to start an online newsletter. You can simply reposition your offer. Now, with a few changes you can sell that same course to work at home mom's, or accountants, or lawyers...etc 3. Selling new products to old customers. Did you create and entirely new product or service on a subject that's closely related to the one that you originally sold to them? For example, using the email course again, you can ask yourself what other subjects relate to the original one like so. If someone purchased an email course from you then what would be a perfect tag along subject? How about a course on subject headlines. Or a course on creating descriptive post scripts. Or a course on copywriting. 4. Selling new products to new customers You can research a large and profitable market to find out what problems that they're facing that they want desperately solved. And easy way to get your customers to cough up what's bothering them, is by using a survey. Preferably nothing more than 5 questions. Anything more than that, and you run the risk of boring your customers with long drawn out questions. When you get their feed back, you can then go out and look for a product that will solve their problems. For example, lets say that you find out that your market is having trouble coming up with new and profitable ideas for their business. So you go out and do a little research. A quick google search should do. And say that you find a course on brainstorming for new ideas. You could contact the author and do a joint venture deal with them. NOTE:If you decide on the joint venture, you must make the deal more profitable for the other partner. Forget about trying to profit on the front end of the deal. Give that to your joint venture partner. What you want is the email address of the people who will purchase from you so you can offer your backend products to them. That's where you will make the bulk of your money. Whew! That's some really good information in them there 4 strategies. (smile) I do hope that you appreciate these tips and tools that I'm putting down here. Because of course I'm greedy. Yep, not only do I want to be wildly successful, but I want as many people who read these articles that I write to be successful as well. And that includes you. About the author: For more information on how to use proven online marketing strategies in your business and how to start generating a passive income in less than 72 hours click here |
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