10 Ways To Maintain Profits In A Slow Economy
1. Sell more back end products to your existing customer base. You already created rapport, trust and proved your credibility to them.
2. Make it a practice to up sell to new and existing customers. After they decide to buy one product, offer them another product.
3. Cross promote your products and services with other businesses that aren't competition. You will reach a wider audience at less cost.
4. Create joint venture deals with other businesses. You can expand your product line and target other profitable markets at a lower cost.
5. Start an affiliate program for your business. You will be able to spend less profits on risk advertising and spend more money on guaranteed sales.
6. Trade advertising with other businesses to save revenue. You could trade e-zine ads, banners ads, links, print ads, etc.
7. Out source part of your workload. This can save on employee costs, equipment costs, taxation costs, expansion costs, etc.
8. Add low cost bonuses to your offer that have a high perceived value. It could be ebooks, members only sites, consulting, e-reports, etc.
9. Use viral marketing to promote your business on the internet. Give away free stuff with your ad copy include on it so others can give it away.
10. Follow up with all your prospects. You can use a free e-zine, a follow-up autoresponder, an update or reminder list, etc. ----
About The Author
Over 40,000 Free eBooks & Web Books when you visit: http://www.ldpublishing.com As a bonus, Bob Osgoodby publishes the free weekly "Your Business" Newsletter - visit his web site to subscribe and place a FREE Ad! http://adv-marketing.com/business
Latest News
Boston Globe | Lehman Private-Equity Arm Gains New Investment Wall Street Journal - The business has $4.5 billion under management, and holds stakes in more than a dozen portfolio companies including a Spanish railcar manufacturer to a US ... Lehman Deal Spins Off Part of Private Equity Unit Into Independent ... Lehman Said to Weigh Sale of Merchant-Banking Fund to Managers Lehman deal on private equity close: source |
Reuters | Banks Pare Fed Loans After Increase for Year-End Cash Bloomberg - BlackRock Inc., Goldman Sachs Asset Management, Pacific Investment Management Co. and Wellington Management Co. are managing the purchases. ... US banks rely slightly less on Fed cash Fed Mum On Efforts To Prevent Conflicts Of Interest For Investment ... Banks borrow more, investment firms less from Fed |
Wal-Mart disappoints analysts, Walgreen chops management team Bizjournals.com, NC - (NYSE:WAG) announced plans to offer early retirement and severance programs to some 1000 corporate and field management employees, or 9 percent of those ... Video: Jan 8: Stocks Boosted by Mortgage Deal Wal-Mart Declines After Management Change Retailers report dismal December sales |
Information Builders Partners With Tagetik to Deliver Corporate ... MSNBC - "Customers often require two solutions, an executive dashboard and an operational system to manage their performance management requirements," said Gerald ... |
![]() WNCT | Walgreen will cut 1000 management jobs in 2009 The Associated Press - NEW YORK (AP) — Drugstore operator Walgreen Co. said Thursday it will cut 1000 jobs by mid-year, or about 9 percent of corporate management, through a ... Walgreens to cut 1000 jobs in corporate, field management US drugstore chain Walgreens to cut 1000 management jobs Walgreen to cut about 1000 corporate and field management jobs |
Z-Wave Alliance Showcases Brand-New Energy Management, Home ... MSNBC - Alliance member companies will showcase for the first time new, affordable energy management, home security and home control solutions in the Alliance booth ... |
Uptown men's shelter will stay open under new management Chicago Tribune, United States - Johnson declined to elaborate on the funding and management changes, but said, "We are very satisfied with the outcome of what has happened. ... |
Brookfield Asset Management 2008 Year End Conference Call ... MSNBC - You are invited to participate in Brookfield Asset Management's 2008 Year End Conference Call & Webcast on Friday, February 13, 2009 at 11:00 am (ET) to ... Brookfield Infrastructure Partners LP 2008 Year End Conference ... |
Paragon Wealth Management Offers Free Portfolio Reviews MSNBC - PROVO, UT - Paragon Wealth Management is offering free portfolio reviews to investors to help them know where to allocate their portfolios in 2009. ... |
Times Online | Gary Berntsen Thinks CIA Needs 'Leadership Not Management' FOXNews - CIA COVERT OFFICER : Actually, we need leadership, not management at CIA. That person who's going to be in charge of CIA is in charge of our fight, ... Video: Analyst Weighs in on Obama's CIA Pick Obama's intel picks short on direct experience Obama Is Under Fire Over Panetta Selection |
Resources
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AdWords | Google AdWords | 21 Ways to Maximize ROI by Andrew Goodman
Get the original Google AdWords handbook by Andrew Goodman. This 155-page e-book is packed with advanced tips to help you maximize your AdWords campaigns. Download and get free December 2005 update.
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Reservation software for Hotels, Motels, Bed and breakfast
Reservation software for Hotels, Motels, Bed and breakfast
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Restaurant Checklists: restaurant menu design, cafe training, business plans, restaurant marketing a
Full package of restaurant information including restaurant menu design, training, restaurant business plans, restaurant marketing and Management forms and templates
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Castlemelody.com: Web design and creative design of graphics
Web design with content Management system for dynamic and flexible websites.
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...MySoftwareTemplates.com high-quality Microsoft Word templates for Software
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Write successful Proposals, White Papers, Case Studies with slick templates, checklist and forms.
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Living Within Your Means - The Easy Way!
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PARENTING TOOLS to design the family of your dreams! What does your dream family look like?
Powerful tools for parenting, anger Management, and creative blocks!
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Productivity. Improve business productivity through work measurement and method study.
Set of resources to improve worker, workplace and office productivity. Learn to measure productivity, calculate a productivity index and construct a total factor productivity index. Resources include team productivity and employee productivity.
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Construction Information Services - Construction Management
Construction Information Services include Construction Management ebooks - Construction Software - Articles - Firm directories - Forecasting and Trends of the building industry
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Landlord Property Management Rental Guide
Looking to manage your own rental property? Use our beginners guide for landlords and rental property investors!
