Posted by BJM | Under business, directory, information
Thursday Dec 31, 2009
A New Form Of Networking
Seventy percent of Americans belong to one association. Twenty five percent belong to four or more associations.
Our professional existence is held together by the network of people with whom we share common interests, even common goals.
As technology gives us new ways to link up, communicate and share ideas, our need to identify with a collective presence reflects our need to become more significant.
Today, this need is being fulfilled by privately organized, managed and funded trade associations.
For-Profit
If there is anything that drives any venture to succeed, the principal motivation is profit - the commercial purpose for which any trade activity exists.
Because we still maintain a mindset that associations should not be a money-making venture, it is difficult to imagine a trade association as a for-profit representative body of a particular trade.
However, as the efficiency, agility and productiveness of for-profit trade associations become evident, members become more confident that operating a for-profit trade association is the only way to guarantee that the association will remain productive and beneficial to its members.
Objectives
Unless your primary reason for creating a trade association is to lobby issues in Washington, your association’s principal objective should more or less focus on information sharing.
If you are creating a trade association as a forum for its members to share ideas about their trade, it is essential that you provide your members this vehicle by which they can communicate, maybe even interact.
Beyond Membership
Since most associations get started with low membership dues, usually in the $20 to $30 bracket. Many associations are lucky to break even on membership dues alone. To guarantee its healthy existence, its financial foundations should expand beyond being exclusively dependent on membership dues.
Although most trade associations start off with a newsletter, it is in an ideal position to organize conventions (that provide members a forum to network, meet suppliers, and hear experts) which can be a prime money-maker for the association.
Posted by BJM | Under advertising, business, information, marketing, money, video
Monday Dec 21, 2009
The Prize Is Always Right
Giving away a prize as an incentive to sell a product or solicit a donation is a time-tested marketing ploy that never fails. The only problem is that the market has become oblivious to sweepstakes.
Promoters are giving away the same old prizes time and time again. Without adding anything exciting to the sweepstakes, you might as well offer $10 million or your efforts (or your product or charitable cause) are likely to be ignored.
In this age of mega-million lotteries, the type or value of prizes offered speak the language of the market. If your product is just as good as that of your competition, or if your charity is just as worthy as any other that seeks donations, then you’d better spike your campaign with a sweepstakes that is unique as can be.
THE PRIZE
A few years ago, a church in Daly City, a bedroom community west of San Francisco was planning a fund raising campaign that involved selling “raffle” tickets to the congregation.
The plan was to sell the tickets for around $5 each, and for which one lucky ticket holder could win the grand prize of a brand new Toyota Tercel.
To say the least, the idea was worn out and unimaginative. A friend coordinating the project decided the raffle could be improved, and consulted me on what the fund raising committee can do to make the sweepstakes more attractive.
My suggestion was to give a different prize. Why not give away a business - a store!!!
VIDEO STORE PRIZE
We went to a new strip mall that was being constructed and leased a storefront for $1,100 a month.
Next we ordered signs and shelves and an initial inventory of 1,200 used video tapes for which we spent a total of $15,000.
For under $20,000, we were able to put together the basic framework of an operational video store. We hanged a banner outside that says “You can win this store. Call for info”.
$200 A TICKET
Because the church wanted to raise $25,000, we decided to sell 250 tickets at $200 each - for a total of $50.000.
Out of this amount, $20,000 will pay for the grand prize, $25,000 goes to the church and $5,000 for my friend for organizing the project which lasted for 6 weeks.
To achieve the same results, and using instead an $8,000 car as a prize, it would require the church to 8,000 tickets at $5 each, a much more difficult fund-raiser by comparison.
Posted by BJM | Under business opportunity, customer service, home business, information, work at home, work from home
Friday Dec 18, 2009
“I have a 31-step process. I shampoo seats, do the dashboard with Q-tips, clean the trunk, dress the engine, etc. It takes 3 hours for what I do, and I charge $120. That’s detailed.”
This would be a typical response of someone who does Auto Detailing when asked what they can do for your car and how much they would charge you for it.
The age of upscale carwash is here. As we keep our cars longer (average length is 7.5 years) we take better care of them.
This is why the carwash business is booming with $8 billion in revenue, and so is auto detailing.
EXECTUIVE PARKING
Many auto detail services nest their business in executive parking lots. They get a permit from the city and from the business whose lot they use.
This is convenient for employees who otherwise may not have time to bring their cars to a shop that would take 3 hours to get detailing done.
In a mobile operation such as this, you will need a van or pickup truck and access to running water and preferably AC power.
In some cities, there are companies that convert and customize pickup trucks into mobile detail shops with its own reservoir and portable power generator.
140 MILLION CARS
Although many auto detailers will swear that a bulk of their business comes from car dealers, in reality the car dealer market is small and extremely competitive.
Most car dealers need cars detailed before a used car is offered in an auction or is displayed in the lot.
However, the biggest market of all is still on the road, individual car owners, representing all of 140 million passenger cars plus another 30 million pickup trucks on the road.
This market, with an average age of 7.5 years, is ripe for a detail job at least twice a year.
BUDGET DETAIL
The best way to build up a base in this business is to introduce a mid-priced service that offers extras that carwashes do not offer.
Detail jobs in the range of #30 to #49 will open up a new market that can provide a stream of customers. You can provide a written list of what you do and how you build up your rates from the basic price of $30 to the premium rate $49.
With 5 customers a day, at 1 hour each, you can average $200 a day.
Posted by BJM | Under business opportunity, customer service, home business, information, work at home, work from home
Wednesday Dec 16, 2009
“MAGIC” is the buzz word that usually describes what this business offers.
No - the Party Planning business we’re talking about has very little to do with Goof-Doop The Clown or serving cake and ice cream to 6-year old kids.
CORPORATE SCENE
For a Party Planner, this is where the money is. And if you have the knack for organizing fun things for grown ups, you’re in for a big - $100 Million - surprise. And it’s a business worth celebrating.
BROKER MENTALITY
This is a business you can virtually start with little or no capital. All you need is a great idea and a client who wants to have fun.
The best way to implement this business is to act as the broker for all services entailed in any given event.
You do not prepare the food, you hire a caterer. You do not sing or dance, you hire entertainers. In fact, in some real big parties, you can negotiate with talent agencies to have celebrities attend your party.
For example, you can have named stars “drop by” your party for around $10,000 or better. If your budget cannot afford the real celebs at $10,000 a piece, then you can hire look-alikes for $200 a night. Do not introduce them in the party, just let them roam around and mingle with the guests.
THEME PARTIES
You can also plan an event around a theme, depending on the reason for the party and the number of people attending.
You can build festivals around parties. If the party is an extension of a convention, work around ideas that are conducive to people in that trade or industry.
START-UP
To get started, line up businesses that are involved in parties: florists, videographers, caterers, hotel managers, equipment rental companies, and others.
Set your rates based on the price lists of these related businesses. These tie-in companies will dictate the way you structure your prices.
Once ready, compile a mailing list of potential corporate accounts in your area. If you live in a city with a convention center, it would be ideal to do some networking and get referral business.
Posted by BJM | Under business, information, reports
Friday Dec 11, 2009
How To Get 100,000 People To Send You $10 Each
NO! It’s not what you think. Although the title of this material may appear quite gimmicky, it is really about one of the best information products on the market.
CONTENTS
What you have in your hands is called PowerGuide, an all-inclusive how-to business system that include an audio cassette seminar, a computer software, an information guide sheet, and Gift Certificate redeemable for over $50 worth of promotional merchandise offered by participating sponsors.
THE $10 HOTCAKE
If you sell a PowerGuide for $10, plus $3 shipping & handling you’ll make a profit of $10 because it costs around $3 to produce, package and ship a single PowerGuide.
R.A.P. PUBLICATION
Aside from the information it offers, the freebies and its attractive packaging, Power Guide has a feature that is unlike any other publication or how-to product offered in the market. PowerkGuide is an RAP (Rights Acquired Purchase) publication. This means that anyone who buys a PowerGuide also acquires the non-exclusive rights to reproduce and sell that PowerGuide title. The more PowerGuide titles you buy, the more variety you can sell.
LICENSEE PACKAGE
A Licensee Package, usually referred to as Distributor Kit, is an all-inclusive package which contains the designs, material, and the rights to 24 PowerGuide titles. Each Licensee Package contains all the tools and master designs needed to produce the 24 different PowerGuide titles included in the package.
Licensee Packages sell anywhere between $49 and $179. If you sell Licensee Packages, you have to determine your own selling price, depending on where and how you intend to market PowerGuide Licenses.
DROPSHIP
You can sell Licensee Packages on a dropship basis. Instead of making copies of materials and producing your own packages, it would be easier for you to send Brandel $12 along with the name and address of the customer to whom Brandel would send its most current License Package.
If you sell a Licensee Package for $49, you keep the $37 profit for yourself.
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