The business profit formula is just that a formula that when applied correctly to your business creates incredible results and financial rewards.
Learn the formula to use in your business.
http://www.EntrepreneursMarketingCenter.com
1. 5 Steps to Profits
Pricing….
Have You Priced Your Services
Right??
2. Profitability
• Building a profitable business is
challenging
• When you succeed you are in the top 1%
of business owners.
– Most fail in the first five years
– The rest make it but barely
• Our goal --- a system to help business
owners
4. Build Your Money Tree
• In our first video – we talked about the TOP
PRIORITY new business leads
• Develop YOUR system – that works – every
day!!
• In our second video – we talked about MORE
CUSTOMERS
• In our third video – we talked about MORE
SALES
• And NOW….
5. Strategy #4: Higher Prices
• Most business owners hesitate to increase their
prices…
• Increasing prices – leads to increased revenue
6. Double YOUR Pricing??
• Did you know you can double your sales
volume by doubling your price?
• I’ve done it myself, and I’ll show you
how.
7. Pricing Strategies
• Did you also know that 99% of the
products I see being sold are too cheap.
• So much so, that they’re putting
customers off instead of attracting them
• (which is no doubt what they think they’re
NOT doing).
8. Price is NOT How People Make
Buying Decisions
• Many Entrepreneurs believe that people
buy based on price
• But the reality is that people buy based on
a number of other factors
10. Premium Products
• When you have a premium
product/service you need
to charge a premium price for
it.
• People perceive that the value
is not there if the product is
priced too low.
11. Fear Gets in Your Way
• Too many people are scared to price their
products or services for what they feel
they are truly worth….
• Don’t let FEAR stop you!
12. Provide Choices
• Give people options
– More services for higher priced program or
product
– More value
– Have an upsell option and a downsell
option!!
13. Always REWARD Your
Customers
• Never forget your clients or customers
• Create ways to reward them for their
business and loyalty
• Do not reward new customers and leave
your current customers feeling left out.