Do
You Give Your Customers Enough
Information To Work Your Program?
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Based Business Ideas Part 3
Of course you do _ right? Check again! More
often than not I have watched
people join a program, receive a camera-ready circular and are
expected to
know what to do with it. While the originator of the program knows
exactly
what to do, most of your customers do not. What may seem like
common sense
to you is not as understandable to others who purchase it.
Every program you sell should come with an
instruction sheet. Just like any
product you purchase will come with an instruction sheet. It just
makes
good business sense to include an instruction sheet or booklet
with anything
you sell.
Guess what? This sheet or booklet can be
used to YOUR advantage.
By explaining step-by-step how the program works, what it's goals
are, the
benefits of working it and what steps to take in order to work
it properly,
you can offer different options to your customer to help them.
If you supply
camera-ready circulars, you could offer to print copies, supply
pre-printed
envelopes and mailing list names for an additional price. This
is called
"back-end" sales.
And if you don't provide these items, you
can find a wide range of mail order
dealers that can. Hook up with a good supplier who will reduce
their prices
slightly so you can make a profit and send orders directly to
them from your
"back-end" sales. This little bit of extra money is
what helps your program
become more financially solid.
One problem that so many programs fail is
because they are not managed and
structured properly. Remember the old saying: "A 3-legged
stool is not
easily broken?" It's true. The more "branches"
you have in a program that
generates some cash flow the better. DON'T get this confused with
nickel-and-diming people to death. Just give them the product
they pay
for and offer them extra products they can purchase that compliments
what
they already have.
One of the biggest mistakes you can make
when you are the Prime Source of
any program is to promote the program your dealers are also promoting.
Instead of it bringing in more money it has the opposite effect
_ it
destroys the program!
Let's say that Melanie joins Jeff's program.
Jeff is the Prime Source and
provides Melanie with a camera-ready circular with her name on
it. Melanie
begins printing and mailing the circular in her own mailings but
one day
she spots Jeff advertising his own circular in a tabloid. What
does Melanie
do? She STOPS mailing her circular. Why? Because Jeff looks like
a greedy
dealer who is after all the profit. Jeff is only giving Melanie
50% when
people respond to her circular and Jeff gets 100% if people respond
to his
circular. Also _ Melanie does not want to be in competition with
Jeff and
drops out of the program. It's not fair to Melanie.
And what happens to Jeff's potential income
when all his dealers see the
circulars with his name on them? You got it _ they all drop out.
Now what
happens to Jeff's income? Right again _ it drops considerably!
Page 1
Instead, Jeff should pick out a few of his
dealers who are trying their
best to make money with his program and offer to mail pre-printed
circulars
for them free of charge. Remember that Jeff is making money from
every sale
generated by his dealers, so by promoting his own product he is
still making
money. Besides _ if he helps his dealers make a few dollars, what
will his
dealers do? That's right _ they'll keep participating in Jeff's
program and
most of them will re-invest the commission money they make into
printing
and mailing more of them.
Also, when they begin to make a little money,
they will tell everybody they
know what a wonderful program Jeff has. And guess what? Jeff will
get more
dealers promoting his program _ which means more money for Jeff
in the long
run. Jeff's a success because he made his dealers a success.
And finally _ Jeff's reputation will be escalated
because all his dealers
will know he's an honest guy to do business with. Guess what?
Jeff's business
income increases! Not just because of the program but because
people are
interested in other things Jeff sells.
It's only good business sense to help your
dealers by providing them with
tips and information to work your program. Sure, there will always
be people
who buy into your program and not work them _ but you'll lose
a lot more
money if you step on their toes and become their competition!
Be wise!

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