Over the last few posts we’ve discussed how to increase your profits by using the resources you already have within your business. So far we’ve covered:
- Call in the Troops
- Bring ‘Em Out of the Woodwork
- Black Sheep Clients
- Olympic-Size Sales Staff
- Open Water Fishing
- Call for Back-Up
Today we’ll cover the next three:
- Go Big Online
- Bartering with the Best
- Give Away the Farm
Go Big Online
There are businesses who solely operate online, there are those who operate out of a physical address only and there are those who do both. Those who do both have a higher chance in being successful than the previous two. When you take the time to establish an online presence you open up your business to the entire world, through a few clicks of the mouse.
To successfully sell products online, you need to ensure that you:
- Offer high-quality products/services that people want.
- Build an attractive, effective website that’s user-friendly.
- Generate high-quality traffic at a low cost.
- With all of these things in place you can find success with you online exposure.
Bartering with the Best
If you’ve ever gone to a garage sale and paid the sticker price, then it’s time to up your bartering game! You will realize that most things are negotiable when you take the time to barter with your suppliers. Companies are always open to bartering and when all is said and done you could find yourself saving significantly on the things your business needs to operate smoothly.
Give Away the Farm
Ok, so not literally, but you have to be willing to stay in contact with prospective clients and offer them products and services they are going to need. You don’t know what they need until you offer them everything you’ve got then work with them to put together the perfect package the fit their needs.
When you take the time to put yourself at the front of their minds, they are more likely to work with you going forward. You can do this by offering free newsletters, a free consulting session or other valuable tools.
This wraps up these three areas of maximizing your profits using your current resources.
If you’re unsure where to start, try our GUIDED TOUR to work with one of our amazing business coaches who can help you navigate your next steps.
Stay tuned for next week where we will cover the final 3 tips