Note:
Some Links may be out of date.
Blitz
Ezine # 216 May 26, 2003
Building Profit Centers - Increasing your Revenue Streams
Note:
This is an archived issue. Some links and/or content
may be outdated
The Blitz-Promotions News Letter.
Issue no. 216, May 26, 2003
************
In This Issue **************
Comments
Food for thought
Articles
The Classifieds
Next Issues
++++++++++++++++++++++++++++++++
Blitz Comments
++++++++++++++++++++++++++++++++
We
hope everyone is enjoying their holiday. As the school
year winds down don't forget to spend some time with
your kids. Haley had a field day last week at her school
and I ran the tug-of-war. I had so much fun I lost my
voice and couldn't talk much on Saturday... OK maybe
I had too much fun. Don't forget to tell a vet thank
you. Our next issue will be June 30th
http://www.ineedlinks.com/freelinks.htm
http://www.blitzpromotions.com/compare.htm
+++++++++++++++++++
Building your Profit Centers Part 1
+++++++++++++++++++
Everyone
is in business to make a profit or at least try to make
a profit. One thing I learned a long time ago is to
never put all of your eggs in one basket. It is much
better to have many trickles of revenue than one source.
The main reason being is if the main supply gets cut
off, what happens next.
In
order to build our profit centers the first thing we
need to do is take a close look at our business and
list all the profit centers we have. This exercise will
also help us to think about any that we might have missed.
Step
1 - List your Revenue streams.
In
your list, try to be as detailed as possible. Don't
just put that you sold toys, but that you sold stuffed
animals, toy trains, games, etc. Even if you sold a
really small amount of something write it down.
Step
2 - List items sold - profit - profit per item.
Using
last years tax records, list the amount sold last year,
your profit, and your profit per item.
Example
-
Stuffed animals - 12 sold - $120 profit - $10.00 profit
per item.
Step
3 - Research possible companion products.
You
don't have to do this right away, but spend some time
and effort and think of all the possible products that
might compliment your revenue streams.
Example
- if you sell teddy bears - do you sell teddy bear clothes?
If you sell crochet patterns, do you sell hooks.
Work
on finding some wholesale prices for things on your
list.
This
should give you more than enough to do for June. Save
your results and lists, along with your research. In
July we'll be talking about ways you can use this research
to help build your business.
+++++++++++++++++
"How To Advertise In ANY Ezine More Effectively Using
This Amazingly Simple System"
+++++++++++++++++
Some
say that ezine advertising is not as effective today
as It was 4 or 5 years ago. Although to a certain extent
this is true, ezine advertising still gives you the
best bang for your buck for the small investment needed.
I would go as far as to say that ezine advertising is
the first form of advertising I would do for ANY product
you own, or are affiliated with..
The
real key to successful ezine advertising is using what
I call the two step marketing approach. Let me explain
what I mean in a little more detail..
Everyday
I get solo advertisements in my Inbox through mailings
from ezines I personally subscribe to. I'm sure this
is the same for you..
Advertisers
give me all the benefits of their product or service,
and then a call to action to visit their web site for
more information and hopefully a sale..
This
is * NOT * the best way to advertise in ezines or newsletters.
If you use this method you are only getting a one shot
chance of making a sale from their visiting prospects.
Wouldn't it be better to be able to get 5, 6 7......Unlimited
opportunities to get their business for exactly the
same cost ?
Of
course it would..
Here
is where the two step marketing approach comes into
play. Instead of advertising a web site address for
prospects to visit, you simply advertise a Fr-ee report
or ecourse by email. Instead of the web site address,
you simply put an email link to an Autoresponder that
you have set up containing the Free report/ecourse.
You then simply drip feed the free report or ecourse
to the prospects over a period of a few weeks in 5,
6, 7 or more separate emails..
It's
not at all hard to do and I encourage you to have a
real go at producing your own. More on that later...
There
are several advantages in using this two step approach.
The
first one is that when the prospect reads your solo
or classified advertisement It doesn't require them
to quit what they are doing, to get more information.
They simply click on the email link in your solo or
classified ad to request the free report/ecourse by
sending a blank email to the email address provided..
They
then can happily go about what they were already doing
and read the fre-e report/ecourse at their leisure later.
The second advantage is that now you have the prospects
email address to follow up on them 5, 6, 7....unlimited
times..
Following
up on your prospects in this way with an Autoresponder
series of useful information AND sales pieces can make
a huge difference to the success of any solo or classified
ad..
For
instance. Say you normally close 2% of qualified prospects
that visit your web site and read your salesletter.
You get 100 visitors and you generate 2 sales. Using
the simple system I have explained above can easily
double or even treble your sales This is how powerful
this system really is..
You
also get the advantage of still being able to offer
other products and services to this group of prospects..
Try
it yourself next time you run a solo or classified a*d.
You will be pleasantly surprised with the results..
Yours
In Success John Metcalfe YOU Can Quickly and Easily
Set-up Fully Automated Internet Businesses in 42 Days
or Less...Each One Cranking Out $3,000 or More Per Month
for the Rest of Your Life...
http://www.internetmarketingcoachingcourse.com
|