Slow times are here, but tough businesses find ways to profit even in bad times. The thing is to work smarter and find ways to boost profits. It's not easy, it dies require hard work, but it is definitely doable. Need ideas to get you started? Well here's 10 things you could do.
1. Gain an advantage over your competition. You should find one benefit your competition doesn't
offer and use it as your main selling point.
2. Design your e-zine so it creates multiple free advertising streams. Ask readers to forward it to
people they know, offer ad trades, etc.
3. Allow your visitors to subscribe to an update e-zine. Anytime you make changes to your web
site they can receive an informative e-mail.
4. Focus your articles on information the targeted readers and e-zine publishers want. They will get
published more often, which means free publicity.
5. Use problems to attract online traffic. Find a common online problem and use your web site
to solve it. People will visit and see your ads.
6. Have an informative FAQ page at your web site. Anticipate questions your prospects or visitors
may have; this will help improve your sales ratio.
7. Improve your negotiation skills. This'll improve your business because you're always negotiating ad
swaps, supply prices, joint ventures, wages, etc.
8. Beat your competition by giving away a similar product or service that they charge for. It could
be add on products, warranties, servicing, etc.
9. Build a larger online community by giving your visitors bonuses for participating on your message
boards or chat rooms. Try free products, ads, etc.
10. Instead of starting an affiliate program, start a referral program. Give people discounts and free
products for referring people to your site.
Yes we all are looking for ways to boost profits, especially in these down times. So put these ideas to good use and see your profits climb.
Mahalo.
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