Productive High Ticket Profits - 4 Secrets to Multiply Your High Ticket Profits

Gone are the days when you can count the number of people offering high ticket products using your ten fingers. Today, as more and more people are trying to make a living from the internet, the number of high ticket products available in the market is incredibly huge. Due to this fierce competition, it is now much harder to generate sales much more multiply your high ticket profits. However, you can still make these attainable by simply knowing and following these effective secrets:

1. Increase your prices. I know this is not something that you don’t hear everyday but it will surely boost your revenue in no time - as long as you know how to do the process right without losing a single client. It would help if you can increase the perceived value of your offerings or if you can offer additional value-added products and services before you charge more.

2. Create a product funnel. This simple marketing strategy never fails to amaze me. If you learn the ropes of creating a product funnel, you’ll surely get steps closer to your financial freedom. This is the process of promoting repeat business to your clients over and over again so you can get them to buy all of your products - regardless of their tag prices. The key here is giving these people great experience each time they purchase from you.

3. Be a problem-solver. If you want people to come to you, you’ve got to make them see how you can bring huge difference to their lives. Help them out in solving their pressing issues for free - at least for the mean time, so you can earn their trust. Participate on forums and blogs where people usually air out the things that they are having troubles with and share your two cents worth of advice.

4. Host teleseminars. Aside from article marketing, this is another great way to build rapport with your clients while in the process of earning their trust. Design a teleseminar that is closely related to your high ticket products and invite your potential clients to attend for free. The key here is showing these people how much you know about your chosen niche and building relationship with them to easily convince these people to do business with you in the long run.

Do you want to learn more about how I do it? Download my new recording for free here: [http://www.secretsofim.com]How to Sell Coaching

Do you want to learn how to use articles like this to drive targeted traffic to your site? Click here: [http://www.secrets-of-internet-success.com/ezrss.html]Article Writing Guide

Sean Mize teaches coaches, consultants, and small business owners how to package their knowledge and sell it in high priced coaching, consulting, and online class packages, and is an expert at using articles like this to drive traffic to his website, and has taught hundreds of clients his secrets. Sean says “If you have an existing marketable service or skill that you can teach others, I can teach you to package it into a high-priced class or coaching program, guaranteed”

Article Source: http://EzineArticles.com/?expert=Sean_R_Mize http://EzineArticles.com/?Productive-High-Ticket-Profits—4-Secrets-to-Multiply-Your-High-Ticket-Profits&id=2000009

Expert Q & A - Corporate Custom Embroidery

Wondering if corporate custom embroidery is a good investment for your business? Judy and Jim Fleischamel, Owners of Embroidery By The Bay share their expertise about the marketing benefits of embroidered merchandise.

Q: How can small business owners benefit from wearing custom embroidered clothing items?

A: In today’s economy when businesses are …

A renaissance for coupons?

Your Biz blog: One entrepreneur is benefiting from print media’s downfall, and the downturn in the economy.

Stimulus won’t affect small businesses much

The government’s stimulus plan doesn’t directly benefit small businesses much, but economists say they are more likely to find a cure with their own customers.

A Small Business Competition Starts in Secaucus

It’s good to know that small business owners are keeping it real. In recent months, we’ve seen Wall Street chieftains taking the heat for excessive bonuses, private jets, and lavish office redecorations – all while the economy continued to tumble.

So on Thursday, when I attended a launch event for the Make Mine A Million Race, a competition for women business owners, it’s probably appropriate that the event was held in Secaucus, N.J – not a place anyone wants to linger – inside a less-than-glamorous Sam’s Club. The time? 7 a.m.

But despite the location and early hour, about 100 entrepreneurs had gathered for a few hours to network, get advice and swap ideas about how to grow their businesses, especially as customers scale back. “What you have here is the answer to every business question you have,” said Nell Merlino, the event’s organizer, pointing to attendees as she gave opening remarks in the food court. “We are going to get through this together.”

Merlino, by the way, thinks small business owners (especially the female entrepreneurs her non-profit, Count-Me-In, has long advised) aren’t just going to survive these tough times but rather save the economy outright. So far, she’s gotten 1,500 female business owners around the country to sign up for the Make Mine A Million Race, which challenges participants to hit one of three revenue goals – $250,000, $500,000 or $1 million – by yearend. Ramping up, she reasons, will create countless job and pump much-need dollars back into local communities.

But first that growth needs to happen, which is why Thursday’s event featured a few workshops presented by experts. This being a Sam’s Club, not a banquet hall, the sessions (complete with podiums and chairs) were set up in rather incongruous settings.

In the bakery section, near a table stacked with $6.88 Bundt cakes, expert Bill Dueease talked about the benefit of working with professional coaches to develop strategies and set priorities. Meanwhile, over by the super-value packs of rawhide chews, marketing guru Nancy Michaels advised business owners on how to win new customers. (One tip? Ask your best customer to write a “testimonial on steroids” and send it to new prospects, she says.) And over in the furniture setting (where this blogger comfortably sat on a La-Z-Boy ottoman), accounting expert Elizabeth Ladu spoke on the topic of “Getting Friendly With Your Financials.”

Ladu’s session seemed particularly timely, as many entrepreneurs are figuring out how to adjust in these uncertain economic times. She advised owners to get a handle on their profit and loss statement, balance sheet and cash-flow statement. “Really interpret your numbers so you can do some planning,” said Ladu, standing – rather appropriately, given the sobering topic – in front of a pallet of cases of Corona. One attendee voiced her concerns about losing her business line of credit. Ladu suggested that the business owner talk to her banker about converting it into a term loan. Or try to get another line of credit from a different bank. “Smaller banks are lending,” she said. “Go to the local community bank – someone who is going to really benefit from your business, and who wasn’t caught up in subprime lending.”

Speaking of banks, that reminded me of that image we’ve seen lately, of the industry’s top CEOs testifying before Congress – and defending themselves against accusations of greed. When it comes to rebuilding the economy, I suspect the new power players (or at least, a small cross-section of them) took the bus to Secaucus on Thursday.

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Mobility and Taxes

I found this nugget in the Small Business Economy Report (on page 201 of the PDF). It’s kind of jargony, but it’s basically saying that as some companies become more sophisticated about picking and choosing to pay taxes in favorable jurisdictions, more of the tax burden will fall on local businesses that don’t have the luxury of, say, incorporating in Delaware (or the Cayman Islands):

The Expanding Technology of Tax Planning

The increasing mobility of tax bases, both domestically across state lines and internationally into other countries, will contribute to the ongoing proliferation of methods for reducing individual and business taxes. Confronted by this increasing mobility, federal, state, and local governments will have to face the tradeoff between competing for mobile bases by lowering tax rates on one hand, and raising enough revenue to fund public service obligations on the other. Local, less mobile tax bases will be asked to bear a larger share of the total tax burden unless major changes are made in how multi-jurisdictional activities are taxed. This has especially important ramifications for local small businesses that are not as easily able to relocate to a lower-tax jurisdiction or engage in costly yet sophisticated tax planning.

This is another one of those places at the intersection of government and business where policy may favor large companies at the expense of small ones. It’s kind of under the radar right now. But maybe we’ll hear more about it, especially now that states and local governments are so pinched for revenue. I’d be interested if there’s any research out there on how much more local businesses (and individuals, for that matter) have pay in taxes because of companies that shelter their earnings off-shore or in lower-tax states.

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Small Business Economy Report

The SBA Office of Advocacy released its annual Small Business Economy report today. (The PDF, which weighs in at 413 pages, is here.) Since this report mainly looks at data from 2007, it’s much staler than impatient reporters like myself would like. (The lead: exports were very strong 18 months ago…) That’s compounded by how quickly and dramatically things are changing.

But if it’s old data, it’s still good data, and the Advocacy office is the watchdog arm that reports directly to the president. So I’ll be digging in to see if any interesting trends come out of this report. If you’re inclined to do so as well, let us know what jumps out to you.

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The CORE Assessment

How well will your company fare when statistics show 2 out of 3 small businesses fail? Use this analysis to find out.
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5 Ways to Spur Employee Creativity

Stagnation is a bad thing. Keep your employees engaged with these ideas.
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Feeding the Anti-Tipping Movement

Do tip jars have you crying uncle? Some restaurants are testing the no-tipping waters.
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