4-Months to Boost Revenues
You have absolute control over your sales effort. Sales are the most important activity in building your empire, bar none. Its the engine that drives revenue. Having a systematic approach to defining how your business generates new customers allows you to turn up or turn down spigot of your profit faucet.
Adding measurable efforts to corresponding activities allows you to focus on those streams that can increase sales and revenues rapidly.
Regardless of which lead generation tactic you employed (networking, social media, emails, traditional ads, etc.) to generate your leads, understanding a prospect’s decision-making matrix and nurturing them through the sales funnel is crucial. Once you have developed consistency in your approach, the results will follow.
From here, you can re-purpose your strategies and incorporate them into any lead generation tools you have at your disposal and begin to benefit from explosive numbers!
Sales Strategies CoveredIncrease Sales in An Existing Market
You already know what you are great at so, selling more of what you have to offer is the fastest, easiest and low-risk way to grow your brand. However, this may require a larger space, revising pricing strategies and refining your marketing/sales process to acquire new or untapped target markets.Introduce a New Product/Service
This is a normal next step for businesses who have achieved a level of success with their existing offerings. In a “organic” way, customers are demanding something more or different and are willing to buy if you offered it! Being responsive to your customers’ need will add value to their buying experience and builds brand loyalty.Carve Out a New Market
Its riskier but, could pay big dividends. For most businesses looking to expand, this is an inevitable goal, which will require a chunk of capital investment. Extending your products into new locations or demographic segments requires market research, beta testing and new marketing strategies and operations management system.Create a New Chain
Duplicating success of one location and creating multiple outlets with equal or better results require a thorough risk assessment of your ambitions. Most entrepreneurs expand prematurely and end up hurting a once flourishing business. It can be accomplished successfully with the “best of” components of the original location and outlined in master business plan.Franchising
Developing a franchise model along with the legal fees can cost upwards of $100,000 to prepare. You will need a hiring and training program, prepare various operation manuals (in multiple languages), a structured organization and systems to service remote locations.Licensing
Licensing your brand is less regulated and less risk but, you will have to be willing to surrender some control. Ensure that your “Licensed” business is protected by patents and or, trademarks along with governance over retail, manufacturing, distribution and production rights.Mergers & Acquisitions
The advantages of a merger or an acquisition is enormous. You complement strengths to forge a union to increase customer base, pool intellectual capital expand offerings. The downside risks include ending up with the wrong partners and not meeting mutual expectations. Needless to say, performing your due diligence and having an iron clad agreements are critical.
CEO Mastermind Groups
REFER TO ENROLLMENT PLANS BELOW
Overview of Mastermind Group: Module B – Boost Revenues
As a seasoned business owner you probably have a sales process even if it’s not written down. Whether you are a team of one or a team of many, its easy to get distracted. A systematic approach will ensure you have constant flow of opportunities.
Social Media has revolutionized they way customers obtain information and make buying decisions. There is a widening “confidence gap” between consumers and brands yet, its never been easier to target acquire “niche” markets.
Selling more of what you have is the fastest, easiest and low-cost way to drive new revenue. Revising pricing strategies and refining your sales and marketing strategies will drastically improve your rate of acquiring and converting new customers.
Developing a “Account Maximization Plan” is essential for any sized business. It’s a good idea to determine your strategy to provide good service to your customer, and determine how and when you’ll contact your customer for upselling and cross-selling.
What to Expect
- Networking & Referrals
- Guest Speakers
- Activity & Progress Reports
- Guided Instruction & Mentoring
- Peer Q&A + Discussions
- Next Step Assignments
If you have any doubts TEST DRIVE before you join!
Attend the next Mastermind Group’s orientation and decide if it’s a worthy investment.
- Power Breakfast
- Digital Marketing Tools
- Virtual Mentor
- 100-MD Online Access
- Expert Guidance
- Social Media Integration Plan
- Peer Business Evaluation
- Activity Guide
- Implementation Checklist
- Roll-out Plan
Choose your plan
Food & Beverage
Social Media Optimization
Search Engine Optimization
100-MD Online Virtual Mentor
Monthly Mastermind Group
Monthly Conference Call
Monthly Peer Work Group
Monthly 1-to-1 Advisory