business development strategies - how to enjoy an instant 50%-200% net profit increase

You’re seeing the 6th Red HOT Marketing Strategy to Rocket

Your Profits

Tim Stokes

This video is on…How to Enjoy an Instant 50% to

200% Net Profit Increase!

What’s more important, to increase your turnover or profit?

Probably every business owner would say profit, but their

actions don’t agree

Let’s do a simple test to see what I mean

Which of these businesses would you prefer to own…

Annual Sales - $1,000,000No. of staff - 10

Net Profit - $50,000

Annual Sales - $500,000No. of staff 5

Net Profit $75,000

Business 1

Business 2

In other words, would you like to have 5 less staff to manage, and

have $25,000 more Profit?

I‘ll go over the answers soon, but there’s one more question I want to ask you, before I make a very

powerful point

If your Annual Sales were $1,000,000 & Net Profit was

$50,000, how would you feel if Sales reduced to $800,000, but

your Net Profit went up to $100,000?

This is an extremely important and relevant question!

If your answer before was Business 2, that you’d prefer the $500,000 Annual Sales business,

with $25,000 more Profit and with 5 less staff…

There’s an easy way to achieve a similar outcome in your business, if your business is in a service or

manufacturing industry, with Annual Sales of $500,000 or more.

This strategy only really works for a service or manufacturing

industry business, with Annual Sales of $500,000 or more.

You can still use the strategy I’m going to show you if your

business is smaller, but there are other variables to consider.

The strategy to create much BIGGER Profits is…

Raise your prices by 10%!

95% of business owners worry about the downside, a “potential”

drop of Sales, instead of understanding the up side – the

massive profit increase!

To take the emotion out of it, let’s look at the facts…

If Annual Sales are $1,000,000 & Net Profit $50,000, when you

raise prices by 10%, the Annual Sales will also increase by 10%

That’s because you have the same number of customers

spending 10% more

That’s assuming you don’t lose any customers, and we’ll look at

that scenario soon

The 10% price rise means there’s a $100,000 increase in Sales but that increase is 100% PROFIT -

because there’s no cost involved!

Add that $100,000 to the initial profit of $50,000 & its now

tripled! Its increased to $150,000!

If you lost 20% of the Annual Sales after the price rise, the new yearly figure would be $900,000

The original Net Profit was $50,000 on $1,000,000, or 5%.

With the reduced Annual Sales it would be 5% of $900,000 or

$45,000

That’s $145,000 Net Profit based on the original $50,00, (with the $100,000 increase from the price

rise)

Its still nearly triple the profit, if we assume there is a 20% drop

in sales from the price rise.

What if there’s no loss of sales?

For over 20 years I’ve measured before and after price rises of

10% to 40%, to get the FACTS!

You’d be shocked to hear the FACTS of measuring with 500+

businesses, before & after a price rise

90% rarely lost any customers, & not 1 service or manufacturing

business lost any profit

I’m going to talk more about completely avoiding all risk of a

profit loss after raising your prices in video 7

The majority of business owners don’t understand business

numbers, & are seriously missing out on HUGE Profit benefits

because of it

If you’d like to turn ignorance into profit, to understand business &

numbers more, you can learn more for free in an upcoming free

online training meeting

For a limited time I’m giving away a copy of my book that will

explain more than this video…

Grab it with Your Name & EmailYou’ll instantly get my book, plus be on

the ‘Invitation List’ to my next Profit Strategies online training meeting.

Act Now, grab the book & start increasing your profits today!