Ideas for Marketing

eg: UK or Brides UK or Classical Art or Buy Music or Spirituality
 
eg: UK or Brides UK or Classical Art or Buy Music or Spirituality
 
Business & Money
Technology
Women
Health
Education
Family
Travel
Cars
Entertainment
SD Editorials
Online Guide and article directory site.
Foodeditorials.com
Over 15,000 recipes & editorials on food.
Lyricadvisor.com
Get 100,000 Lyric & Albums.

Video on Give Me The Business

    View: 
Similar Videos
Videos on Cant Get Better Than This
Videos on Direct Marketing Direct Mail
Videos on Free Website Making Software
Videos on How To Sell Services
Videos on Its A Bird Its A Plane
Videos on Marketing Sales And Services
Videos on Strategic And Tactical Planning
Videos on Web Site Design Development Marketing
Videos on What Is A Marketing Plan
Videos on It All About Marketing and Perceived Value
Videos on Is Your Networking Working?
Videos on IT Marketing: Should Blogging Be on Your B2B Marketing To-Do List?
Videos on Is Your Message Vanilla?
Videos on It is better to be sure than sorry
Videos on It Always Come Down to Words
Videos on Is Your Sales Copy Motivating Someone to Take Action, Or Manipulating Them?
Videos on Is Your Website Portable?
Videos on Is Your Unique Value Proposition, Unique In Your Customers Eyes?
Videos on Is Your Marketing Effort Working?
Videos on IT Marketing: Get Your Expertise Across
 
Give Me The Business
Abe Cherian
The worth of your customer is determined by how often you continue to sell them. You might have figured the number of times a customer win be prompted to repurchase, but you also need to consider how much value that customer will have or how much the value will increase if you keep soliciting them again and again.
You may want to up sell or re-sell those customers immediately after the initial sale, hopefully at the time of purchase. You may be doing that now and finding out this may in fact be helping your bottom line.
If you can get them to order all other items that goes along with what they've already purchased you will dramatically improve your profits. You want to experiment with add on products and services until you feel comfortable that this is what works for both your customers and your business.
You can offer a package of re1ated items for a discount so you don't have to worry about advertising costs. You can contact your customers right after the initial sale to see how they like the purchase and offer them a deal on something else. Maybe one out of three will take you up on it.
You can upgrade their sale. If they're buying a basic service, you can offer them a deluxe service but at a $100 discount. Upwelling is just one of the many different techniques that you can use.
You do secure the rights to high profit or repeat type products that make sense to your customers and keep visiting them or calling them or sending them sales letters.
Also, for example, if you are a heating and air conditioning contractor, you might go in and service the equipment. Offer them a low cost service contract for the initial sale of the specific brand.
You could set up a relationship with a home remodeler or a carpet cleaner and refer business to them with 10% or 20% of the profits going to you. You can set up a deal with a carpenter or a gardener. There are many possibilities.
If you sell something else to half of your customers, you could add thousands of dollars of profits to every sale.
Once you know how much extra income you can earn on the back end you can dramatically expand for the increased amount of money you spend to get those customers. And since they're not just worth X amount of dollars to you, they're worth a specific amount and You have to figure out the average customer's worth.
If you don't want to push other people's services, you could also offer your leads or prospects to other companies. Certainly your database of heating and air customers or your plumber database or your carpet cleaner's database isn't that valuable to a non competing service company.
The local carpet cleaner doesn't care about the local plumber going in and getting his business. You could offer your database to the plumber because those people have had other people come in and work at their house. This automatically increases the net worth of that customer because their name is worth a certain amount.
The key to doing this successfully is to determine what your add on will be. How will this benefit both your customer and your business. When is the best time to introduce your extra's and manage the value towards your products or services.
Next Paragraph..
A Guide to Business | Guide to Technology | Guide to Women | Guide to Health | Family Guide to | Travel & Vacations | Information on Cars

EditorialToday Ideas for Marketing has 4 sub sections. Such as Branding & Identity, Marketing Strategies, Marketing & Communications and Trade Shows & Conferences. With over 20,000 authors and writers, we are a well known online resource and editorial services site in United Kingdom, Canada & America . Here, we cover all the major topics from self help guide to A Guide to Business, Guide to Finance, Ideas for Marketing, Legal Guide, Lettre De Motivation, Guide to Insurance, Guide to Health, Guide to Medical, Military Service, Guide to Women, Pet Guide, Politics and Policy , Guide to Technology, The Travel Guide, Information on Cars, Entertainment Guide, Family Guide to, Hobbies and Interests, Quality Home Improvement, Arts & Humanities and many more.
About Editorial Today | Contact Us | Terms of Use | Submit an Article | Our Authors