Monday 25 August 2008

Top Ten Money Making Tips For A Successful Business

Earlier this month, Sonia Colon, the lady behind My Fashion E-Mall Blog gave us some top tips on running a successful business. In this post, she takes a look at the top ten tips for maximising the earnings potential of a successful business.

1. Quality
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Provide a quality product/service which people want and need.
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2. Customer Loyalty/Service
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Help your customers feel that they can trust you. Be honest and trustworthy. Offer money back guarantees and stick to your policies. Treat your customers like gold.
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3. Offer something for free once in awhile
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Your customers concern is how your product can help them. How will it meet their needs; improve their lives; make them happier; etc. Offer something of value and they will buy what you’re selling.
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4. Creative / Unique
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Own and control your products/services. Offer something that only YOU can provide. Have exclusive control over at least one of your products/services. It should be something that people cannot find anywhere else and wanted by a lot of people.
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5. Make Money to Spend Money
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Spend money on advertising and promotion. Although there are many free methods to work within your budget, you will still need to spend some money in order to make money.
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6. Put back in what you harvest
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Take a portion of your profits and re-invest that money back into the business. Use that money to purchase more ads, brochures, catalogs, t-shirts, flyers, etc.
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7. Grow and Multiply
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Put others firstSatisfy the needs of others. Help them achieve their dreams. Show your expertise and in the process others will follow your lead.
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8. Seek the Help of Others
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Use services to help you reach a wider audience, such as dealers, distributors, Internet, customers and networking.
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9. Other Successful Business Owners
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Seek the advise of other successful people. Find someone who is making the kind of money that you want to make. Do exactly what they are doing, why re-invent the wheel?
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10. Get Personal
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Know your customers by name. Thank your customers and acknowledge them.
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There you have it the “Top ten money making tips for a successful business”
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Thanks again, Sonia!
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Sonia Colon is writer/publisher of My Fashion E-Mall Blog & The Biz Buzz of a Latina Mom Blog! Writing & sharing powerful business articles & successful Internet marketing tips on starting & maintaining a lucrative work-at-home business is a passion

1 comment:

PENNY STOCK INVESTMENTS said...

Excellent money making tips.