low cost business tips
TRANSCRIPT
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LOWCOSTBUSINESSTIPS
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LOWCOSTBUSINESSTIPS
Visit the website below for a low cost
affiliate marketing opportunity
that’s ready-made for you.
www.DoodleVideosMadeForYou.com
For free marketing videos.
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THEGENERALPRINCIPLEIS SIMPLE
Find something people need or want that you can access for very little cost.
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1.Turn KnowledgeOr ResearchInto aproduct
You could make a digital product
created from your knowledge or
research.
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1.Turn KnowledgeOr ResearchInto aproduct
You could make a digital product
created from your knowledge or
research.
If you can make the product cheaply
enough, you have another stream of
income once you develop a marketing
plan.
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2.Create Product At PointOf sale
You could sell a product created at
the point-of-sale like:
● print-on-demand books; or
● commissioned art
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2.Create Product At PointOf sale
You don't have to make a large
investment.
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2.Create Product At PointOf sale
You can plan to reinvest the money
from your first sales and fund future
growth of the business.
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3.StartWith aSmallProductionrun
Can you create a few products now
which will fund future growth?
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3.StartWith aSmallProductionrun
There are no economies of scale in
creating just a few products,
but there is very little risk.
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3.StartWithSmallProductionrun
If your first products sell well, you can
reinvest in future products.
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3.StartWithSmallProductionrun
If you start small, you won't lose so
much sleep worrying about your
investment.
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4.BeThe OneIn theMiddle
Manufacturing is expensive and
maintaining a retail shop is
expensive.
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4.BeThe OneIn theMiddle
You could look at making the
introduction between seller and
buyer - and that need not be
expensive at all.
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4.BeThe OneIn theMiddle
Products can be sold online without
holding stock or without the need for
a physical shop.
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4.BeThe OneIn theMiddle
A virtual shop isn't hard to set up and
isn't expensive.
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4.BeThe OneIn theMiddle
Retailers are glad to have someone
else driving sales for them and they
can take care of warehousing,
transport and returns.
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5.AffiliateMarketing
Reaching out online can make
opportunities for affiliate marketing.
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5.AffiliateMarketing
Similar to 4 above, with affiliate
marketing, you don't need to have a
virtual shop.
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5.AffiliateMarketing
You can use other methods of driving
traffic to a seller, and be paid a
commission for your efforts.
This can become a very valuable
business.
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6.ThinkLike abootstrapper
Even if you have money, think like
you have nothing, and do it smart.
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6.ThinkLike abootstrapper
Nurture a self-funding bootstrapping
mindset. Not only is it good insurance
to have a risk aware mentality, it's
also the best way to get your creative
juices flowing.
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6.ThinkLike abootstrapper
You might find that guerrilla
marketing is not only inexpensive, it
works better than traditional
marketing.
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6.ThinkLike abootstrapper
Content marketing can attract more
customers, and those customers are
also fans, which will do wonders for
your bottom line.
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THERE’S LITTLE TOLOSE
If you keep control of your costs.
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AND EVERYTHING TO GAIN
If you keep control of your costs.
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LOWCOSTBUSINESSTIPS
Follow a proven system that works.
www.DoodleVideosMadeForYou.com
For free marketing videos for you.