Archive for the 'Money making tips' Category

Tip 38: Use neighborhood businesses

Monday, November 20th, 2006

Collaborate with your neighborhood or complimentary businesses. You can have arrangements with them where in you provide a discount coupon for a customer visiting your store with a coupon to the near by store.

Make agreements with the other stores as well and you would benefit from additional traffic that you would not have received. 

From Integra Global Solutions Corp, a bookkeeping accounting and medical transcription services company.

 

Tip 37: User Incentives

Thursday, November 16th, 2006

Here are a few ideas to generate more interest in your product or service. These could be used online as well as offline.

  • Every 100th or 1000th client wins a price.
  • Create specials on occasions such as Father’s, Mother’s day etc.
  • Sign up for a win in a sweepstake that you create
  • Every $100 or $x purchase enters your customer into a larger price jackpot

These promotions could drive more interest towards your business.
From Integra Global Solutions Corp, a bookkeeping accounting and medical transcription services company.

Tip 36: Use latest craze to do low cost advertising

Monday, November 13th, 2006

Use latest crazes such as youtube and myspace to advertise your products/services.

Create a short creative ad about your product or service. Use humor to captivate the audience. You can pay local high school or college students to help you create the ad as their school or college project.

Post the ad in Youtube.com link it from myspace. If your ad is unique enough you will generate enough buzz to generate traffic and more sales to your company.

From Integra Global Solutions Corp, a bookkeeping accounting and medical transcription and services company.

Tip 35: Use Membership Program

Thursday, November 9th, 2006

Allow customers to create a profile (online or offline). Such customers should be given preferred and quick service.

The reward for such loyalty program customers could range from priority service, special discounts to volume discounts.

From Integra Global Solutions Corp, a bookkeeping accounting, medical transcription and outsourcing services company

Tip 34: Make it Easy

Tuesday, November 7th, 2006


Monitor the usage of your consumable product and use forecasting to predict when your client would need your product replenished.

You can replenish the product without your customer having to spend the time to refill the order. All the customer has to do is to sign a delivery receipt.

Lesser time spent by the customer translated to lesser costs and they would appreciate it by providing more business your way.

From Integra Global Solutions Corp
A bookkeeping , medical transcription and outsourcing services provider.

Tip 33: Stand behind your product or service

Friday, November 3rd, 2006

Offer a 100% guarantee and a full return back policy if the customer is not satisfied for any reason with your product or service.

Going an extra mile would be to create a policy at your company that if the product that you sold fails to hold up during a normal use period the customer can return it.

From Integra Global Solutions Corp, a bookkeeping service, medical transcription and outsourcing business company.

Tip 32: Tap into community

Thursday, November 2nd, 2006

If your product or service benefits a certain specific segment of customers, say for ex: active adults from ages 25 to 40, who like biking.

Hold classes, webinars and teach them about the sport, tips on how things can be done better, in addition to sending how they could benefit from using your product/service.

This would not only create a following for your product but also spread the word about you.

From Integra Global Solutions Corp, a bookkeeping accounting, medical transcription and outsourcing services company.

Tip 31: Present to purchase

Wednesday, November 1st, 2006

Create applications on the Website where your customers can interact with, change, choose and place it in some setting so that they can see it before purchasing.

Ex: If you are a furniture retail store and have an interactive application where a customer can place furniture in a room and see how it looks. This could increase your sales as it is more easy for the customer to visualize the product in its going to be setting.

From Integra Global Solutions Corp, a bookkeeping, medical transcription and outsourcing services company.

Tip 30: Use Customer’s Spouse

Tuesday, October 31st, 2006

Create a database with spouse’s information. Send mailing on events such as Mother’s day, birthday etc.

You can send customized information based on the customer’s purchase patterns as well.

Spouses more often than not are a major influence in decision making.

From Integra Global Solutions, a medical transcription sevice provider

Tip 29: Customer centric feedback

Monday, October 30th, 2006

Make it a requirement that the management walks the floors and spends time with customers periodically. They should record the feedback from the customers on what changes, improvements needs to be made. Try to get the contact information from your customer who mentioned the idea.

These ideas should be discussed and the useful ones implemented. After implementation a Thank you note with a complimentary gift can be sent to the client who suggested the idea. This would generate more word of mouth referrals.

From Integra Global Solutions Corp, a business outsourcing services provider.

Tip 28: Use Warranty Information

Friday, October 27th, 2006

Use the warranty cards that you receive back from your customers to generate repeat business. Send a coupon for another product after you receive a warranty card. This opportunity can be used to upsell or cross sell your products. 

From Integra Global Solutions Corp
A bookkeeping outsourcing services provider
.
 

Tip 27: Decrease complaints by using this simple method

Thursday, October 26th, 2006

Create a fictional name (say John Doe) and a toll free number. Display this number prominently in the service areas of your business. Train the sales folks that when a customer requests this name they should be immediately transferred to John Doe, no questions asked.  John Doe should be a senior level person in the company and should take the call no matter what they are doing currently.

Word will soon spread among the employees as to who is answering the phone and you will soon notice the customer complaints decreasing and service levels improving.  Reduced customer complaints and increased repeat business go hand in hand.

 From Integra Global Solutions Corp
A bookkeeping, medical transcription and outsourcing services provider
.
 

  

   

Tip 26: Reward every customer

Wednesday, October 25th, 2006

Create a way for your customers where they accrue points for the services they pay for. These points can be used to redeemable after a certain period of time.

From Integra Global Solutions Corp
A bookkeeping, medical transcription and outsourcing services provider
.

Tip 25: Automatic rate drop

Tuesday, October 24th, 2006

If you are a mortgage company, a good way to retain and increase customer base is to offer an automatic interest rate reduction loan. This loan would automatically refinance if the going rate lowers by a percentage set by you say 0.25% below the rate the customer borrowed at. You can also set other conditions such as that the customer has to be stable and in good standing and have good credit rating etc.

From Integra Global Solutions Corp
A bookkeeping outsourcing service provider.

Tip 24: Award Customer Champions

Friday, October 20th, 2006

Create a reward structure where you award employees who go beyond their normal call of duty to please their customers. Reward and publicize the employees who have done a superior service.

This not only helps you to get high customer satisfaction level and continued business but also provides job satisfaction for your employees as well.

 From Integra Global Solutions Corp
A bookkeeping outsourcing, medical transcription and business outsourcing services provider