Business Principle Number 2: Give People What They Are Looking For.
Now that you have identified your "Starving Crowd", the next key principle is to give the crowd what it wants and demands.
A starving crowd is so keen to purchase the things they want that they will keep buying more and more of the products that satisfy their need.
So if you are smart and want to build your home business, you'll make sure that you can keep offering products..... and more products or services..... that are all related to that hungry crowd's desires.
Once your customer trusts you, which is usually after you have made your first sale to them and they are happy, that customer is much more likely to buy more things from you. This is great, because this is the foundation for making money long term.
Remember that it is much easier and more profitable to keep a customer than to continue finding new ones. This is the principle that hugely successful organizations use all the time. They work very hard to keep existing customers by providing products that their customers want, and by listening to the customers' feedback. By keeping customers and getting repeat business, you are making sure that your home business will grow and that you will continue to make money.
Many companies offer customer incentive programs, discounts and special offers. These are all designed to keep the customer loyal.
Have a think about your own buying patterns. Do you continue to buy things from places where you get great service? Do you buy gas for your car where you can get discounted fuel? Are you in an airline rewards program? I am, and it certainly influences my choice of airline. All of this is harnessing a very powerful force - it is called reciprocity. It means that when something is given to you, you feel an obligation to reciprocate. In this case it means continuing to buy things. Really, it all boils down to: what's in it for me?
Remember that if you don't supply what your customers want, they will get it somewhere else.
Makes you think, doesn't it?
So you need to put a sales strategy in place and keep in regular communication with your customers. Make sure you know what kinds of things they like to buy and continue to offer items that relate to your customers. With all the different forms of digital products available today, it is easy to offer e-books, audios and videos on just about any topic. This is the way that any business can double its profits in a very short period of time.
It is essential that you keep up with what is going on in your market, what's new, what's hot, and what you can offer your customers. You can get the latest news on any topic by setting up a Google Alert. Then set up a regular newsletter with great information and quality content to keep your starving crowd hungry for more!
Now that you have identified your "Starving Crowd", the next key principle is to give the crowd what it wants and demands.
A starving crowd is so keen to purchase the things they want that they will keep buying more and more of the products that satisfy their need.
So if you are smart and want to build your home business, you'll make sure that you can keep offering products..... and more products or services..... that are all related to that hungry crowd's desires.
Once your customer trusts you, which is usually after you have made your first sale to them and they are happy, that customer is much more likely to buy more things from you. This is great, because this is the foundation for making money long term.
Remember that it is much easier and more profitable to keep a customer than to continue finding new ones. This is the principle that hugely successful organizations use all the time. They work very hard to keep existing customers by providing products that their customers want, and by listening to the customers' feedback. By keeping customers and getting repeat business, you are making sure that your home business will grow and that you will continue to make money.
Many companies offer customer incentive programs, discounts and special offers. These are all designed to keep the customer loyal.
Have a think about your own buying patterns. Do you continue to buy things from places where you get great service? Do you buy gas for your car where you can get discounted fuel? Are you in an airline rewards program? I am, and it certainly influences my choice of airline. All of this is harnessing a very powerful force - it is called reciprocity. It means that when something is given to you, you feel an obligation to reciprocate. In this case it means continuing to buy things. Really, it all boils down to: what's in it for me?
Remember that if you don't supply what your customers want, they will get it somewhere else.
Makes you think, doesn't it?
So you need to put a sales strategy in place and keep in regular communication with your customers. Make sure you know what kinds of things they like to buy and continue to offer items that relate to your customers. With all the different forms of digital products available today, it is easy to offer e-books, audios and videos on just about any topic. This is the way that any business can double its profits in a very short period of time.
It is essential that you keep up with what is going on in your market, what's new, what's hot, and what you can offer your customers. You can get the latest news on any topic by setting up a Google Alert. Then set up a regular newsletter with great information and quality content to keep your starving crowd hungry for more!
Business Principle Number 2: Give People What They Are Looking For.
Now that you have identified your "Starving Crowd", the next key principle is to give the crowd what it wants and demands.
A starving crowd is so keen to purchase the things they want that they will keep buying more and more of the products that satisfy their need.
So if you are smart and want to build your home business, you'll make sure that you can keep offering products..... and more products or services..... that are all related to that hungry crowd's desires.
Once your customer trusts you, which is usually after you have made your first sale to them and they are happy, that customer is much more likely to buy more things from you. This is great, because this is the foundation for making money long term.
Remember that it is much easier and more profitable to keep a customer than to continue finding new ones. This is the principle that hugely successful organizations use all the time. They work very hard to keep existing customers by providing products that their customers want, and by listening to the customers' feedback. By keeping customers and getting repeat business, you are making sure that your home business will grow and that you will continue to make money.
Many companies offer customer incentive programs, discounts and special offers. These are all designed to keep the customer loyal.
Have a think about your own buying patterns. Do you continue to buy things from places where you get great service? Do you buy gas for your car where you can get discounted fuel? Are you in an airline rewards program? I am, and it certainly influences my choice of airline. All of this is harnessing a very powerful force - it is called reciprocity. It means that when something is given to you, you feel an obligation to reciprocate. In this case it means continuing to buy things. Really, it all boils down to: what's in it for me?
Remember that if you don't supply what your customers want, they will get it somewhere else.
Makes you think, doesn't it?
So you need to put a sales strategy in place and keep in regular communication with your customers. Make sure you know what kinds of things they like to buy and continue to offer items that relate to your customers. With all the different forms of digital products available today, it is easy to offer e-books, audios and videos on just about any topic. This is the way that any business can double its profits in a very short period of time.
It is essential that you keep up with what is going on in your market, what's new, what's hot, and what you can offer your customers. You can get the latest news on any topic by setting up a Google Alert. Then set up a regular newsletter with great information and quality content to keep your starving crowd hungry for more!
Now that you have identified your "Starving Crowd", the next key principle is to give the crowd what it wants and demands.
A starving crowd is so keen to purchase the things they want that they will keep buying more and more of the products that satisfy their need.
So if you are smart and want to build your home business, you'll make sure that you can keep offering products..... and more products or services..... that are all related to that hungry crowd's desires.
Once your customer trusts you, which is usually after you have made your first sale to them and they are happy, that customer is much more likely to buy more things from you. This is great, because this is the foundation for making money long term.
Remember that it is much easier and more profitable to keep a customer than to continue finding new ones. This is the principle that hugely successful organizations use all the time. They work very hard to keep existing customers by providing products that their customers want, and by listening to the customers' feedback. By keeping customers and getting repeat business, you are making sure that your home business will grow and that you will continue to make money.
Many companies offer customer incentive programs, discounts and special offers. These are all designed to keep the customer loyal.
Have a think about your own buying patterns. Do you continue to buy things from places where you get great service? Do you buy gas for your car where you can get discounted fuel? Are you in an airline rewards program? I am, and it certainly influences my choice of airline. All of this is harnessing a very powerful force - it is called reciprocity. It means that when something is given to you, you feel an obligation to reciprocate. In this case it means continuing to buy things. Really, it all boils down to: what's in it for me?
Remember that if you don't supply what your customers want, they will get it somewhere else.
Makes you think, doesn't it?
So you need to put a sales strategy in place and keep in regular communication with your customers. Make sure you know what kinds of things they like to buy and continue to offer items that relate to your customers. With all the different forms of digital products available today, it is easy to offer e-books, audios and videos on just about any topic. This is the way that any business can double its profits in a very short period of time.
It is essential that you keep up with what is going on in your market, what's new, what's hot, and what you can offer your customers. You can get the latest news on any topic by setting up a Google Alert. Then set up a regular newsletter with great information and quality content to keep your starving crowd hungry for more!
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