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Atricle Dump - The Most Profitable Product In The World You Can Ever Sell!
Business Premises - Choose Wisely g hit.Owners of businesses, regardless of type, will need premises of some kind. It may be that they can work from home in a spare room or garage (some say the kitchen table!!). Others may need a shop, office, workshop or warehouse, but a decision will have to be made as to where to locate the business.Many things need to be considered when making a decision on from which type of premises to operate your business. Some facilities are essential, others desirable but not quite so important.The essential requirements are: -- Affordability. - Location. - Size. - Services. - Security of tenure. - Accessibility. - Security.Let us take these requirements individually.Afforda Maybe this is the way to go with it: "3 Ways To Avoid Costly Repairs To Your Turbine And How To Extend Its Life By As Much As 7 Years!" You can pretty much come up with a related product for almost any business you have. What's that you say -- you've got a land-based dry cleaners so you can't use this idea? Not True! How about a book that explains how to remove certain stains from a variety of materials and carpeting, or maybe a video that explains the caring and storage of high-end wedding dresses. Or even better, how about a book along with some software, for the dry-cleaning industry about how to increase profits and streamline losses, directed at other people who own dry-cleaning businesses? You see, the possibilities are endless. And remember, nothing is ever set in stone. Even i Why Aren't Things Done Properly – Unless I Do Them Myself…? Thank goodness, the most profitable product in the world you can ever sell... also happens to be the easiest product to create.Come on, don’t deny it; we’ve all said that at one time or another (yes, under your breath still counts). We know that our job is to get things done – not to do them ourselves. So why do we often end up frustrated when we think something hasn’t been done properly?The easy answer is that we have employees who don’t have the initiative, skills or experience to do anything except follow instructions. (OK when we’re starting out, not when we’re growing quickly.) But - what about the ones who are giving the instructions (that would be us)? How well do we hold up our end of the deal?Things don’t get off to a good start if we only delegate when we’re overwhelmed and missing deadlines. We’re probably not commu Can you guess what I'm talking about? Give up? Well, that product is... "Information"! Let me give you some examples of what I mean: Most information is sold either through written words (books, e-books, magazines and newspapers)... pictures (DVD's and VHS tapes)... or through computer programs (like software). And can you guess how much it costs to burn a DVD once your product is made? Or what it costs to assemble a book? The exciting truth is, in most situations it costs literally less than $2 dollars. And... if you're selling stuff online, it gets even better, because... Your disribution costs are even less! Because if you're selling information that can be downloaded online by your buyer, outside of a few pennies on the dollar for your merchant account and maybe $25 to $35 dollars a month to keep your website going, your costs are virtually "ZERO"! That's why selling "information" is the most profitable product in the world, you can ever sell. Plus, the amount of money you can make selling information isn't limited to your store hours... your billable hours... or your inventory. Just look at Microsoft. Last year they did over $32 Million Dollars in gross annual sales. Not a big deal, other companies are bigger. But... there are few (if any) companies this size, that also have over $49 Million Dollars of cash on-hand, and only a hair more than $1 Million Dollars in long-term liabilities. I don't know how familiar you are with asset-to-liability ratios, but this is virtually unheardof. Reason why? It's because of how much cash their products generate and how little it costs them to make it. Just think about it: It costs you $199.99 to buy the new Windows XP Home system at Office Max. How much do you think it cost Microsoft to burn a few CD's and toss in a manual or 2? Maybe $10 bucks? Not bad, hey? So... How can you use this to make money in your business? Well, let's say you sell software. Most software isn't very easy to use, right out-of-the-box. And most of the manuals that come with software programs are horrible. So how about if you produce an e-book or a DVD showing your customers how to use the software? Even if you only sold the book for $19.95 each, at almost 100% profit, it sure doesn't take long for this project to start lining your pockets with some serious extra cash, right? And it's not like you need to do research to write the book or produce the DVD either. That's the beauty of this. What if you're a massage therapist? A book about "Top 10 Ways To Keep Your Back Nimble And Pain-Free" surely would be something your customers would want. Maybe you could couple it with "5 Ways To Make Sure Your Golfing Game Doesn't Cost You More Than A Day Out: How To Eliminate Back Pain While Golfing" Collect flowers as a hobby? How about a book identifying different flowers in different areas of the world? Or maybe you can reveal "The Secret Locations Of Rare Wild Flowers!" What if you sell industrial-sized turbine motors? I bet a good VHS or DVD showing your customers how to use those motors, and how to keep them running maintenance-free, would be a big hit. Maybe this is the way to go with it: "3 Ways To Avoid Costly Repairs To Your Turbine And How To Extend Its Life By As Much As 7 Years!" You can pretty much come up with a related product for almost any business you have. What's that you say -- you've got a land-based dry cleaners so you can't use this idea? Not True! How about a book that explains how to remove certain stains from a variety of materials and carpeting, or maybe a video that explains the caring and storage of high-end wedding dresses. Or even better, how about a book along with some software, for the dry-cleaning industry about how to increase profits and streamline losses, directed at other people who own dry-cleaning businesses? You see, the possibilities are endless. And remember, nothing is ever set in stone. Even if CRM - The Human Factor downloaded online by your buyer, outside of a few pennies on the dollar for your merchant account and maybe $25 to $35 dollars a month to keep your website going, your costs are virtually "ZERO"!Although I am a proponent of CRM software and database management, I have never, nor will I run across a software solution that provides Complete CRM. On a note of credibility, my company, Wright Solutions is partnered with a few CRM software providers whom will not be referenced anywhere in this post, or this series. I want you to understand the depth of my committment to the fundamentals of human CRM.Companies in the market for CRM solutions actually are in need of better managing relationships with their customers, and most are looking at CRM applications as the answer. I am not about to suggest that any of the well designed and reliable IT solutions are not a significant piece of the puzzle. I will say that alone, they ar That's why selling "information" is the most profitable product in the world, you can ever sell. Plus, the amount of money you can make selling information isn't limited to your store hours... your billable hours... or your inventory. Just look at Microsoft. Last year they did over $32 Million Dollars in gross annual sales. Not a big deal, other companies are bigger. But... there are few (if any) companies this size, that also have over $49 Million Dollars of cash on-hand, and only a hair more than $1 Million Dollars in long-term liabilities. I don't know how familiar you are with asset-to-liability ratios, but this is virtually unheardof. Reason why? It's because of how much cash their products generate and how little it costs them to make it. Just think about it: It costs you $199.99 to buy the new Windows XP Home system at Office Max. How much do you think it cost Microsoft to burn a few CD's and toss in a manual or 2? Maybe $10 bucks? Not bad, hey? So... How can you use this to make money in your business? Well, let's say you sell software. Most software isn't very easy to use, right out-of-the-box. And most of the manuals that come with software programs are horrible. So how about if you produce an e-book or a DVD showing your customers how to use the software? Even if you only sold the book for $19.95 each, at almost 100% profit, it sure doesn't take long for this project to start lining your pockets with some serious extra cash, right? And it's not like you need to do research to write the book or produce the DVD either. That's the beauty of this. What if you're a massage therapist? A book about "Top 10 Ways To Keep Your Back Nimble And Pain-Free" surely would be something your customers would want. Maybe you could couple it with "5 Ways To Make Sure Your Golfing Game Doesn't Cost You More Than A Day Out: How To Eliminate Back Pain While Golfing" Collect flowers as a hobby? How about a book identifying different flowers in different areas of the world? Or maybe you can reveal "The Secret Locations Of Rare Wild Flowers!" What if you sell industrial-sized turbine motors? I bet a good VHS or DVD showing your customers how to use those motors, and how to keep them running maintenance-free, would be a big hit. Maybe this is the way to go with it: "3 Ways To Avoid Costly Repairs To Your Turbine And How To Extend Its Life By As Much As 7 Years!" You can pretty much come up with a related product for almost any business you have. What's that you say -- you've got a land-based dry cleaners so you can't use this idea? Not True! How about a book that explains how to remove certain stains from a variety of materials and carpeting, or maybe a video that explains the caring and storage of high-end wedding dresses. Or even better, how about a book along with some software, for the dry-cleaning industry about how to increase profits and streamline losses, directed at other people who own dry-cleaning businesses? You see, the possibilities are endless. And remember, nothing is ever set in stone. Even i Sizzling Sales Contests Offer Three Prizes rtually unheardof.The good news about conventional sales contests is that there is a big winner, and generally, that person is very, very happy.The bad news is that everyone else is a loser.If you have a sales leader, someone who just keeps beating the pants off of everybody, then there’s no suspense left, the moment you announce a contest. From that instant forward, every other member of the sales team is yawning, scratching his head, murmuring, “Why bother?”Now, isn’t that the exact opposite emotion that we want? Contests are supposed to motivate, electrify, focus people; not to make them more apathetic than before. But that’s the tendency of winner-take-all competitions.They’re not competitions. They’re coronations.S Reason why? It's because of how much cash their products generate and how little it costs them to make it. Just think about it: It costs you $199.99 to buy the new Windows XP Home system at Office Max. How much do you think it cost Microsoft to burn a few CD's and toss in a manual or 2? Maybe $10 bucks? Not bad, hey? So... How can you use this to make money in your business? Well, let's say you sell software. Most software isn't very easy to use, right out-of-the-box. And most of the manuals that come with software programs are horrible. So how about if you produce an e-book or a DVD showing your customers how to use the software? Even if you only sold the book for $19.95 each, at almost 100% profit, it sure doesn't take long for this project to start lining your pockets with some serious extra cash, right? And it's not like you need to do research to write the book or produce the DVD either. That's the beauty of this. What if you're a massage therapist? A book about "Top 10 Ways To Keep Your Back Nimble And Pain-Free" surely would be something your customers would want. Maybe you could couple it with "5 Ways To Make Sure Your Golfing Game Doesn't Cost You More Than A Day Out: How To Eliminate Back Pain While Golfing" Collect flowers as a hobby? How about a book identifying different flowers in different areas of the world? Or maybe you can reveal "The Secret Locations Of Rare Wild Flowers!" What if you sell industrial-sized turbine motors? I bet a good VHS or DVD showing your customers how to use those motors, and how to keep them running maintenance-free, would be a big hit. Maybe this is the way to go with it: "3 Ways To Avoid Costly Repairs To Your Turbine And How To Extend Its Life By As Much As 7 Years!" You can pretty much come up with a related product for almost any business you have. What's that you say -- you've got a land-based dry cleaners so you can't use this idea? Not True! How about a book that explains how to remove certain stains from a variety of materials and carpeting, or maybe a video that explains the caring and storage of high-end wedding dresses. Or even better, how about a book along with some software, for the dry-cleaning industry about how to increase profits and streamline losses, directed at other people who own dry-cleaning businesses? You see, the possibilities are endless. And remember, nothing is ever set in stone. Even i How Low Melt Batch Inclusion Bags Can Heat Up Your Profits ith some serious extra cash, right?One of the most challenging things facing the manufacturing industry today (particularly for manufacturers of items like tires and other synthetic rubber compounds), is finding ways to decrease costs while maximizing profits and efficiencies. Factories that focus on mixing a variety of ingredients to achieve a final product are especially challenged to incorporate new methods that make manufacturing faster and easier.In recent years, many manufacturers who use chemical-based ingredients in the construction of their products have turned to low melt batch inclusion bags to help improve their operations. These plastic bags are used to house specific quantities of ingredients that are then added to a mixture. In the past, these ingre And it's not like you need to do research to write the book or produce the DVD either. That's the beauty of this. What if you're a massage therapist? A book about "Top 10 Ways To Keep Your Back Nimble And Pain-Free" surely would be something your customers would want. Maybe you could couple it with "5 Ways To Make Sure Your Golfing Game Doesn't Cost You More Than A Day Out: How To Eliminate Back Pain While Golfing" Collect flowers as a hobby? How about a book identifying different flowers in different areas of the world? Or maybe you can reveal "The Secret Locations Of Rare Wild Flowers!" What if you sell industrial-sized turbine motors? I bet a good VHS or DVD showing your customers how to use those motors, and how to keep them running maintenance-free, would be a big hit. Maybe this is the way to go with it: "3 Ways To Avoid Costly Repairs To Your Turbine And How To Extend Its Life By As Much As 7 Years!" You can pretty much come up with a related product for almost any business you have. What's that you say -- you've got a land-based dry cleaners so you can't use this idea? Not True! How about a book that explains how to remove certain stains from a variety of materials and carpeting, or maybe a video that explains the caring and storage of high-end wedding dresses. Or even better, how about a book along with some software, for the dry-cleaning industry about how to increase profits and streamline losses, directed at other people who own dry-cleaning businesses? You see, the possibilities are endless. And remember, nothing is ever set in stone. Even i Customer Loyalty: is it Really Important? g hit.Introduction: Customer loyalty can be defined as a behavior or attitude of a customer to purchase a particular product of a specific brand over others which available in the market for a particular need. The packaged good industry defines this consumer attitude as ‘Brand Loyalty’. Brand loyalty can be defined as “The degree to which a customer is loyal to a given brand in that they are likely to re-purchase/re-use in the future. The level of loyalty indicates the degree to which a brand is protected form competitors” (Yellow Pencil).Customer loyalty has become the buzz word of the marketing industry (Papers4you.com, 2006). Companies are constantly trying to increase their brand awareness by promoting loyalty schemes, making more Maybe this is the way to go with it: "3 Ways To Avoid Costly Repairs To Your Turbine And How To Extend Its Life By As Much As 7 Years!" You can pretty much come up with a related product for almost any business you have. What's that you say -- you've got a land-based dry cleaners so you can't use this idea? Not True! How about a book that explains how to remove certain stains from a variety of materials and carpeting, or maybe a video that explains the caring and storage of high-end wedding dresses. Or even better, how about a book along with some software, for the dry-cleaning industry about how to increase profits and streamline losses, directed at other people who own dry-cleaning businesses? You see, the possibilities are endless. And remember, nothing is ever set in stone. Even if you can't sell your products, you can definitely give them away as premiums to your customers, to enhance the value of your goods and services. For example, don't you think if you owned a pet shop, you'd have a better chance of selling your kitty litter if you gave away a FREE report along with every single purchase, called "7 Ways To Eliminate Cat Odor!" Or, let's say you're an accountant -- wouldn't your clients love to know "How To Beat The IRS At Their Own Game!" You could even use this technique if you're doing something that really makes everyone's hair stand up on the end of their arms: Like... what if you sell cemetery plots? I bet you're customers would love to know, "Everything You Must Know, About Buying Cemetery Plots" So before we wrap up, let's recap what you learned today: First, the most profitable product to sell is information. Second, you can sell information directly or indirectly related to what you do, to your customers and to new prospects. And lastly, another thing you can do with information products is to start using them as premiums or bonuses to either entice new people into doing business with you, or to bundle along with your "real" products, enhancing their perceived value. This gives you the "edge" in selling for higher prices than you are now. Remember, there's not a product you can sell that's as easy to put your hands on to develop, as information... and there's no product that's worth as much to your customers and clients as information, either. P.S. There's also no "limit" on what people will pay for information. And the truth is, the more "niched" your information is... the more it'll be worth!
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