‘Doubling Up’ To Grow Your Business

This is Day 8 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 8 -

‘DOUBLING UP’ TO GROW YOUR BUSINESS

This is technique I like to call ‘Doubling Up’ and it’s a strategy you can  use to grow your business and increase profits every couple years.

‘Doubling Up’ can be applied to many different areas of your business. For instance, if you write articles to promote your website and it’s working well for you, what could you do to double that success? Simple. Outsource the exact number of articles you write, so if you write five articles, outsource five articles and then you’ll have ten articles. This means your efforts, as well as your traffic, as well as your PROFITS, have the potential to double.

Even if you can’t double your output, what if you increased by 50%? That would still increase your profits. If you can’t afford to outsource just yet, you can still apply the technique and write all ten articles yourself. You can even have a friend, family member or significant other help write for you as well, provided you give them a little bit of training.

What else could you do in your online business that could DOUBLE your profits?

• Create two videos instead of just one.
• Market to two niches instead of one.
• Charge double for one of your products or service (do split testing to prove which price sells better).
• Do two launches instead of one this year (with the help of outsourcing or JV partnering).
• Put up a website AND a blog instead of just one or the other.
• Double your PPC advertising budget or raise it by a percentage.

Any of the above tactics will increase your profits significantly, so there is no reason to ignore the magical potential of ‘Doubling Up.’

This isn’t rocket science but it works and it’s a tactic that’s easy to try.

What if you took it even further and did ‘TRIPLING UP’? Of course, that would take a bit more outsourcing or tripling the amount of hours you work on that segment of your business, but triple the income doesn’t sound bad at all.

Tomorrow – Day 9

GET WITH THE TIMES

Cheers!

Reba

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Start Outsourcing To Increase Profits In Your Online Business

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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