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8 Tips to Save on Long Distance Calling
You don't have to spend a small fortune on your telephone bill every month. Here are some tips you can implement to stretch your pennies and keep your budget reasonable and start saving today. •Whenever possible select the right time to make your...
Learn All About Feng Shui Money Trees
A feng shui money tree is an indoor plant used in order to attract prosperity and wealth into any space. The feng shui money tree's botanical name is Pachira, and its care requires the average sun light and watering that any other indoor plant...
Like Links? Begin With Top-notch Content
These days, one of the best routes to traffic from search engines is posting substantive content that has value for a particular audience. Then you want to get that content linked like heck. Inbound links increase your chances of rising in the...
Perfectionism Will Hurt You
Permission is granted to reprint article provided bio line stays intact. Perfectionism is kind of like too much of a good thing. It's good to be interested in excellence, but when you feel that your work (or relationship) has to be perfect you are...
Realistic Expectations When Starting a Home Based Business
Working out of your home with an internet business can be the most rewarding experience, both personally and financially, that a person can undertake. The internet has made more millionaires than any other vessel in history, and you don't have to...
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How to Profit in a Recession
How To Profit in a Recession
by Kevin Nunley http://DrNunley.com
People all over North America are telling me business is slow. "I can't say there isn't any business," Bob confides. "It's just that it's darned difficult to get sales. I have to work three times as hard just to get a small order."
Even though experts say our economy is still strong, most people agree we're in a recession. Many of us charged up our cards in the 90s and don't feel much like buying anything we don't have to have. Others feel a little depressed about the future and just don't want to spend anything to make their lives better or more successful.
Hey, I understand. Hardly anybody feels as adventurous as we did a few years ago in the go-go '90s. But that doesn't mean we should roll up our tent and slink out of town.
THERE'S LOTS OF MONEY TO BE MADE!--even in a recession. Here are several ways to capitalize on the recession and move your business or career forward no matter what.
Start by cutting prices. It's the old law of supply and demand. When there is less demand for what we sell, it's time to drop the price. Emphasize several low cost products or services that will appeal to the thrifty.
I dropped prices recently at my site. I just leveled with people, told them that times were tight and I wanted to make my services available to everyone without putting them into more debt. Customers responded with overwhelming enthusiasm. Sales, which had been slow, suddenly became brisk.
Next, cut costs. If you've been in business any time at all, you have probably accumulated expenses you don't need. I cancelled an extra $40 per month phone line I wasn't using, cut a 10 message autoresponder back to 7 messages, and pulled back on the labor I was paying
for. None of the expenses were big in themselves, but when added together they make a nice difference in the bottom line.
It's hard to be creative when big expenses are breathing down your neck, and a recession is just the time when you NEED to let your creativity show.
Advertise! The BIG mistake companies make during a recession is they let their marketing director go and cancel all their advertising. Intel did that back in the recession of the early 90's and later admitted it was a huge mistake. Competitors had a chance to market when Intel wasn't and grabbed a lot of their customers. Now the smart thing to do is to take advantage of the recession's lower ad rates and market, market, market. Your ad gets extra attention when competitors aren't advertising.
Business and the economy go through natural up and down cycles. The Internet, which is a more pure type of market, goes up and down with even wilder cycles. Ride the wave. Change your business as the economy changes.
Look for what prospects need, for where they hurt, and offer helpful solutions that cut right to the problem. You'll have a lot more customers and they will be grateful you are there to help in times that are less than the best.
Kevin Nunley is the Net's #1 copy writer. Thousands of businesses have relied on Kevin for quality sales letters, web site copy, ads, and press releases. You get sizzling copy in the style you need, fast service, and affordable prices that are hard to beat. See http://DrNunley.com Reach Kevin at mailto:kevin@drnunley.com or 801-328-9006.
About the Author
Kevin Nunley has helped thousands of people start and succeed in their own business. See his 10,000 free biz-tips at http://DrNunley.com Reach Kevin at kevin@drnunley.com or 801-328-9006.
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