Strategic Online Marketing | Increase your Business income by 6 figures

in #marketing8 years ago

  

Increase your business income $100,000 a year with the right Marketing

You can increase your business income easily $100,000 with very little effort, very little investment, with the right marketing. 

For this example in this post we are going to assume several points;

 Your business is established, 

You have an ad that converts, 

Your sales department can convert 10 leads generated per month.

 A new customer is worth a $1000 a year to the business. 

And your marketing cost is $500 per month.

 I will show you if you just get 10 customers a month for 12 months, you will increase your business income by $120,000 a year! (gross)

 Lets jump into it. 

Month 1: Spending $500 a month on the correct marketing for your business, laser targeting that ideal customer we talked about in the previous post. You will get 100 leads from your business offer with the right kind of marketing. If you are the worst sales force in your business and only convert 10% out of that 100 leads you have just got your first 10 new customer for that month. Increasing your gross income for the business by $10,000 a year.

 Month 2: Rinse and repeat, and you should get another 100 leads and be able to convert 10% (10) New customers. Increasing your gross income for the business now to $20,000 a year. 

Month 3: Rinse and repeat, and you should get another 100 leads and be able to convert 10 % (10) New customers. Increasing your gross income for the business now to $30,000 a year. 

You can see how this works so I’m not going to show every month through to month 12. But by the 12th month once you add it all up you will have increased your business income to $120,000 a year. 

So I ask the question, how many of you would invest $500 a month, $6000 a year, to make $120,000? 

Can you see how what I said in the previous post, that Marketing is an investment not a expense! (https://goo.gl/d9wiJr

How many businesses want to make that kind of return on your money? It’s a no brainer! But wait there’s more! Let me show you how this will explode and make you even more money! 

Nothing changes in this example from what I have laid out already above.

 Everything that is laid out above is great, and if that’s all you do, 90% of all businesses would be completely satisfied with that kind of results. 

But; What happens to all of those leads that didn’t convert on month 1? 

Lets start with month one, you converted or sold 10 of them right? What about the other 90?

 Well its been our experience that out of that 90, because of life gets in the way or for what ever reason. 3 out of the 90 will convert on the second month. 

So for month 2, you don’t have just 10 sales or conversion, you have 13! And for month 3 you don’t have just 10 more sale or conversion you have 16!

 There are so many different variables and possibilities from this point on, it is almost impossible to tell how much you will increase your income by the end of the 12 months.

 The only number that I have left out of this equation for the sake of conversation and less confusion, is the marketing fees that our firm charges. Most marketing fees start at $1000 per month and vary for different types of businesses. So lets add this in the numbers and show how with the right kind of marketing it is still a no brainer.

 I said before that the marketing cost $6000 a year, that’s actual cost. So if you add the marketing fees from your marketing company on top of that, on average $1000 per month or $12,000 a year. That totals up to be $18,000 a year investment to make easily two, three, or $400,000 a year income. 

The example that I just laid out is your average business and can be duplicated very easily. Obviously not all businesses are the same and some will take more investment, and some less, to accomplish the same results. 

Marketing online has changed, but for those of us that do it every day and have kept up with the changes, and know what works, you can expect very good results from your investment. Marketing online is here―and it’s developing rapidly. 

Regardless of your industry, sector, or geography, you need to understand the power of marketing online to market your brand, reach your audience, and broaden your success.

 I hope you enjoyed this post, and If you found value in this post, it would mean the world to me if you would comment with your thoughts and also up vote and follow me right now!  

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