Start Outsourcing To Increase Profits In Your Online Business
December 9, 2008 by Reba
Filed under Blog, Goal Setting, Hot Topics
This is Day 3 of 10 of my tips to help you increase your online business profits in 2009.
By making just a few changes in the ways you handle a few little things each day, you can grow your business and increase your profits substantially.
Stay tuned over the next ten days and I will share ten important ideas that can help you increase your business and grow your profits in 2009.
Day 3 -
START OUTSOURCING
Every successful person and/or corporation is involved in outsourcing of some sort. Usually, this is the very key that allowed them to achieve their current level of success. If Sam Walton had made all the products in WalMart himself, do you think the company would be where it is today? The fact that the company can outsource the work to enough people who know what they’re doing (employees, vendors, etc.), is what makes them able to reach the level of success they have achieved.
You’ve heard the term, “two heads are better than one.” This rings true in a lot of aspects of life. It’s like that with outsourcing. If you can write five articles a day, that is great. However, if you can write five a day and outsource another five articles per day, then that makes ten articles a day instead of five.
That just DOUBLED your marketing efforts. If you DOUBLE your output, you will have DOUBLE the results. Imagine if you outsourced even more often or on a broader scale. Also, outsourcing will allow you to use the millionaire mindset of knowing there are people out there who can do a better job than you when it comes to certain tasks or skills. So instead of competing against these people, hire them!
Think about it, if you outsource a sales letter to a TOP sales copywriter, chances are your product offer will convert A LOT more than it would if you wrote your own sales copy or used a writer without experience to get a bargain. WIth excellent copywriting, an offer will tend to convert much better and sell many more copies — which again, enhances your business as well as increases your profits.
Tomorrow – Day 4
START USING VIDEO MARKETING
Cheers!
Reba
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Looking forward to the remaining tips! Outsourcing is being done by many people. I am a Virtual Assistant and have 5 clients that are outsourcing several of their tasks to me. Why? Simple, as you have stated above – it gets more work done and also allows you to have time for other work if needed.
Businesses can check out http://www.VAnetworking.com for tips on what to look for when hiring a Virtual Assistant. It’s a good (and impartial) resource centre!
Will be checking back here soon!
Hi Kathy, thanks for posting. You’re so right, a lot of companies and solopreneurs are outsourcing these days. In fact, virtual assistants are absorbing much of the work. It’s especially important for solopreneurs if they want to break through the barrier and move to the next level in their business. There’s no way one person can do everything that needs to be done in a business once it reaches a certain level.
I have a series of posts on this site about becoming a VA or if you looking for a VA, the resource in Kathy’s post above can help you find a VA directory.
Reba
Outsourcing is the key to getting more done. I have been doing it for years. Some solid information in this post.
I came across this blog post and even though it was a couple of years old it’s very “spot on” today. I outsource a lot of my work in order to get alot done. If you wnat to grow you’ll have to consider using outsourcing for sure!
Might any individual feel as if the credit score downgrade will move our politicians into significant action at least?