Invest Wisely in Yourself and your Business

One of the most amazing things about consumers is that people are not aware of the publications available within their industry.

It is a very wise decision to visit a local library and ask the business librarian how to find magazines or publications that are in your industry. They will help you locate them and it may be a good idea to subscribe to them.

Reading these publications will keep you informed and motivated and show you how well other people are doing. You will read success stories and be able to implement ideas that other successful companies are using. You will also see products and services within your industry offered to companies like yours.

This will also keep educating you. The best investment you'll ever make is the investment in yourself. Once you stop doing that, you don't stop in one spot, you go backwards. You don't want to let that happen.

Your industry publications are a great source for this information. They're very easy to read and usually inexpensive. Some of the newsletters are a little more expensive, but overall these are worthwhile.

while you're into reading over your new publications, you will notice that the vast majority of businesses are made up of the "numbers game". You see, business is numbers. If you don't know what your numbers are, you really don't know what's working in your business.

You won't be able to focus. You can't just have a "kind of a notion" about your numbers. You have to know them. You should look at them every single day. There are 5 check list items you must do on a routine basis to cover all your angles of your business:

1. know the cost of a marketing campaign.

2. know how many calls you got from that campaign.

3. know how many of those calls became customers.

4. know the average amount of money you made from those customers.

5. know how many referrals you got from those customers.

When you calculate the figures, you'll know if a marketing campaign is working and you can figure out your average numbers. Then you'll know which is working better and which is working worse. This is the only way to track your marketing and only doing things that work.

The combination of your new publications and while crunching numbers, you'll Want To Have A Standard Package Of Material For New Customers.

You'll want to develop a package of information to send to every new customer that is going to thank them for becoming a client, include your free report or book that explains your products and services. This will educate them as to why they're going to continue to do business with you.

This type of package can do many things for you. It can show them your company goes the extra mile. It can create higher perceived value because they're getting more than just a product or service.

It helps you convince them to buy more and continue being a customer of yours. It's cheap and easy. You're going to be sending information to them anyway, so you may as well package it together in a welcome kit. Now that you have publications and numbers to review, the only thing left is to give your customers exactly what they want- your products or services.