The harsh reality is that a staggering 95% of online marketers fail, while a select few are raking in substantial profits. What's the reason behind this stark contrast? The answer lies in the approach. New marketers often focus on making a single sale, while the successful ones understand that the real profits lie in repeat sales.
The most successful marketers, often referred to as "heavy hitters," have discovered that the key to substantial profits lies in repeat sales. By diversifying your business, you can maximize growth and significantly boost your sales.
Generating new leads can be an expensive and time-consuming process. So, why settle for a single sale when you can have repeat customers? Mail order dealers have long understood that a customer who has ordered once is twice as likely to order again compared to a new customer. Furthermore, a customer who has ordered twice is more likely to make a third purchase than a customer who has only ordered once.
It's a simple matter of trust. Would you rather buy from an unknown entity or from a business you've previously interacted with and trust?
In the report "50 Ways To Make More Money In Network Marketing," the first key is to promote products or services that you personally use. A "satisfied customer" makes the best salesperson, especially if you're the "satisfied customer"!
If you haven't read this insightful report, you can find it here.
Once you start making profits from your initial offer, keep an eye out for additional offers that can be integrated into your existing system.
Potential additions could include:
The idea is to keep learning and evolving. A single good idea can earn you many times the cost of the book or training program.
Interestingly, programs that help you "Learn to Earn" also make excellent additions to your offerings.
There's nothing mystical about repeat sales. If a product or service benefits you, why not share it with others?
Here's to your success!
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