Conclusion: What Is Your Ideal Profit Strategy?
When it comes to developing your ideal profit strategy, there are several things you can learn from the basic Profit Funnel. Let’s take a look at those elementary principles:
You Have to Start at the Beginning
Getting your foot in the door with a new customer is your top priority. We [...]
High Ticket Product Ideas
No suite of products or services is complete without some “diamond” level of offerings that are of interest to your customers.
While these may not appeal to more than a core group of your client base, the fact that you enjoy such a strong relationship based on the performance of your low ticket [...]
April 28, 2008 – 12:49 pm
Mid Ticket Product Ideas
Having established yourself with some of your low ticket offerings, you will want to investigate the potential for up-selling your client by creating interest in your mid ticket products and services.
For the purposes of the discussion, you may want to think of mid ticket items as being priced in the $37.00 to [...]
April 27, 2008 – 12:52 pm
Low Ticket Product Ideas
When you think in terms of low ticket products or services, you are talking about items that usually carry no more than a $27.00 price tag. The most common average range for a low ticket item would be in the $5.00 to $9.95 range.
There are many of online and brick and mortar [...]
The Profit Funnel Plan
Nothing warms the cockles of a salesperson more than getting a new client. Often you are able to secure that new client because you have a quality core good or service that is provided at a competitive price.
While you may not make a great deal off that initial offering, there will no [...]
For most home business owners and many small business operators, their idea of a profit and loss statement, P&L in business parlance, may be oversimplified. If they had more income than expenses, they made a profit. If not, they had a loss and will usually try to find more business or increase prices to turn [...]
One of the greatest mistakes any small business owner can make is going into his business without knowing enough about the art and science of accounting. Unless you have the funds to hire an accountant from the very beginning, you will need to at least know the basics before you get started. Time and again, [...]
April 24, 2008 – 11:03 am
Affiliate Marketing – The Best Place to Start
Everyone has to start somewhere. And, for neophyte Internet marketers, the best place to start may be with affiliate products. Rather than going through the laborious and expensive process of creating your own product (of dubious quality) and then trying to market it to the masses, why not [...]
Pips and ‘pips values’ represent one of the most misunderstood concepts in Forex trading. Newbies, especially, often have trouble grasping the idea behind pips — but, a solid understanding of pips is crucial to successful Forex investing.
If you’ve had trouble with pips, then today may be your lucky day. I’m going to attempt to clarify [...]
April 22, 2008 – 10:58 am
Investing has become increasingly important over the years, as the future of social security benefits becomes unknown.
People want to insure their futures, and they know that if they are depending on Social Security benefits, and in some cases retirement plans, that they may be in for a rude awakening when they no longer have the [...]
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