The Only Three Ways to Increase Money Coming Into Your Business

Written by Karen E. Hipp


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The second part ofrepparttar #2 equation is to increaserepparttar 121354 dollar amount (notrepparttar 121355 price) of what your average customer spends.

Here's an example. As you might know by now, one of my clients is a chain of hair salons in South Florida. We evaluated their current prices and compared them to their competition and services. Realistically, we feltrepparttar 121356 prices were high enough. So that led us to look at increasingrepparttar 121357 average dollar amount each customer spent. The current average was $26. After rolling around many ideas, we finally came up with an added service called "Hair Spa." For an additional $10,repparttar 121358 customer got a hair spa, which consisted of a deep, deep conditioning that took an additional 20 minutes. Roughly 30% ofrepparttar 121359 customers acceptedrepparttar 121360 offer onrepparttar 121361 first run. Especially whenrepparttar 121362 hair stylist told them they really needed it! This is also called upselling.

That leads us to #3. Get your customers to buy more often.

Here arerepparttar 121363 best ways I know:

Always keep in contact with your customers. That could mean by a newsletter or email with a special offer for a limited period of time, or introducing a new product that they just have to have! Orrepparttar 121364 new product is limited (you only have 100). Or tell themrepparttar 121365 benefits of owning XYZ product, or using it more often. Give them a reason to come in by offering a contestrepparttar 121366 month of ______, or for only a couple of weeks. The key is to jolt them to come in before they normally would.

Now that you've evaluatedrepparttar 121367 only three ways to get more cash flow into your store, you can "get crazy" with all those great ideas how to do it!



Karen E. Hipp is a nationally recognized marketing consultant and the author of the ebook "Do-It-Yourself Marketing." Karen has been honored with "Marketing Director of the year in two separate industries and has won 54 Addy Awards. Karen's business, Hipp Marketing, focuses on small to medium sized businesses that need marketing help.


"The BLACK HOLE Of Internet Marketing"

Written by Jo McNamara


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4. And speaking of "nag voices," I take care of all those trivial things that I have been putting off doing. I find this is important because it seems to clear my head. Shutting uprepparttar "nag voices" is like taking out mental garbage.

Basically, I’m telling myself it’s okay to feelrepparttar 121353 way I’m feeling...apathetic, disinterested, turned-off, tuned-out.

After a while, I start feeling there’s a void in my life. I miss writing; my brain starts to hunger for knowledge again; I’m feeling aimless and bored.

Then I know it’s time to ease back into Internet marketing.

I start by opening up a few of my HotMail accounts. Not all of them because I don’t want to feel overwhelmed. I allow myself one hour a day to read ezines and study ads. After a while, I’ll allow myself one hour inrepparttar 121354 morning and one hour inrepparttar 121355 afternoon to read and study. Gradually, I open all my accounts back up.

Before I know it, I’m getting excited again. Words are flowing; ideas are bumping around in my head.

She’s B-A-C-K!!!

For me, I thinkrepparttar 121356 "Black Hole" periods are good. I return to Internet marketing refreshed and energized. I’m grateful once again forrepparttar 121357 return of passion. No longer stale, I can clearly see flaws previously overlooked and come up with fresh ideas.

Sometimes we are so deeply involved with our life withinrepparttar 121358 computer; we lose our sense of perspective. We think we are learning, but we’re just reading words. Our brain is overloaded and nothing is sticking. We just dorepparttar 121359 "same old, same old" and wonder why we’re not getting anywhere.

I thinkrepparttar 121360 "Black Hole" is our mind’s way of saying, "Hey, ease up! Ya know, there’s a whole nother world outside of that monitor. I’m going on strike until you give me a break!"

I have come to understand that for me, I live in two worlds; one is CyperSpace andrepparttar 121361 other isrepparttar 121362 physical world. I have friends and loved ones in both worlds; I make money in both worlds; I am passionate about both worlds.

I thinkrepparttar 121363 key is to try to findrepparttar 121364 right formula so thatrepparttar 121365 two worlds can co-exist in harmony.

Every time I come out of a "Black Hole," I get a bit closer to finding that formula.

So don’t panic when you fall inrepparttar 121366 "Black Hole." Just listen to that quiet, still voice inside. It will guide you through it. And when you come out torepparttar 121367 other side, I think you’ll be smarter forrepparttar 121368 experience. Certainly you’ll appreciaterepparttar 121369 return of renewed passion and excitement.

"This, indeed, is one ofrepparttar 121370 eternal paradoxes of both life and literature--that without passion little gets done; yet, without control of that passion, its effects are largely ill or null." F.L. Lucas

Jo McNamara lives in Orlando, FL with 8 cats and 1 husband. You may receive other articles written by Jo at: mailto:articles_jomc@sendfree.com "I wish I’d found the Internet Marketing Success Arsenal when I first started out...I would have saved myself countless, wasted hours and more money than I care to think about!" http://www.what-works-online.net


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