How to Grow a Business – 6 Strategies
If you found this page, you can probably relate to George Munoz…George is an agent in California…and his story is in the video below. He has always done well in his sales job, but was always looking for ways to grow his book of business. In January, his boss decided to start offering vacation incentives through Advertising Boost. They offered all their past clients a free vacation in Cancun if they would provide George and his team with referrals to five people they thought might be interested. Just 3 months later, George won the contest and had brought in an extra $42,000 dollars from those referrals!
George’s idea is actually a combination of the first two ways you can start using this marketing idea to explode your business.
Welcome to growth strategy number 1!
Business Growth Strategy # 1
Start using Advertising Boost is when you ask for referrals to grow your business.
Most of us are really bad about asking for referrals. It just seems like an unnatural conversation to have for many of us, so we simply avoid it.
Whether you sell cars, run an ecommerce store, sell furniture or write insurance policies, how easy would it be to incorporate vacation incentives into your sales presentation or offer them to past clients just like George and his team did?
It’s a simple ask…
And if you have a sales team, think what it could do for your entire sales team! You could run a sales contest just like George’s company. And your whole team could run off of a single Advertising Boost account…I show you how in the video below.
Business Growth Strategy # 2
The second way to grow a business using Advertising Boost is to reengage past customers.
You can either ask them for referrals – like George did – or you can use the vacations to get them back into your store or on your website to make another purchase. Or maybe you want to use the incentive to get past customers to sign up for your email or direct mail list so you can sell to them forever…you can do whatever makes most sense for your business and your goals.
Business Growth Strategy # 3
The third – and most common – way to grow a business using Advertising Boost is to help you close more deals and close them faster.
But before we get into that, just look at some of the results other salespeople and business owners are getting! Check out the video above to see the whole story!
Taylor generated an additional $7,000 in sales in just 24 hours!
David had to hire four more sales reps!
And Eddie sold a $12,000 coaching package.
Now, on to strategy three…
When was the last time you had a customer that wanted to buy that piece of furniture or sign that gym membership, but they just couldn’t pull the trigger?
If happens to all of us…more than we’d like to admit.
What do you think would happen if you offered them a free vacation incentive to get them over the hump?
You could show them videos of the vacation destinations, tell them they’ll be saving two hundred to five hundred dollars per night and then tell them if they make their decision right now, the vacation is theirs.
All kinds of companies are doing it everyday. It’s truly how to grow a business online or off in today’s world!
Necia Jones used vacation incentives to close a major deal she’d been developing for almost a year…and you can too!
Business Growth Strategy # 4
The fourth business growth strategy to use Advertising Boost is to offer them as incentives to get leads for your product, service, store or website to pay attention.
Just like Franko did in the video…
You can offer them to grow your Facebook Group, get people to sign up on your website or download your app.
We see gyms offer them along with a free trial and car dealerships offer them to get people to come in for a test drive.
The ways to use Advertising Boost vacations as a lead magnet are nearly endless!
Business Growth Strategy # 5
Business growth strategy number five to explode your revenue by 340% is to increase your gross margins and/or stop discounting your prices.
Would you like to have an answer the next time a customer asks you if you can do any better on the price?
Rather than giving them a discount – which takes money right off your top line – you can offer them a free vacation stay at their choice of destinations instead. And all it costs you is $49 per month to give away as many incentives as you’d like every month.
What would eliminating discounts do for your top line revenue? If you’re like most businesses, it would be a massive improvement…and with Advertising Boost, you could make it easily and immediately!
Business Growth Strategy # 6
The final way to use Advertising Boost doesn’t apply to everyone but can really add some serious foot or website traffic when it’s used properly.
If you run a store, a dealership or a franchise that participates in national brand advertising, this is for you.
We’ll use an auto dealership as an example because it’s familiar and easy to understand.
As you know, auto manufacturer’s run nationwide and regional advertising campaigns that offer special incentives to get people to come in and shop for cars and trucks.
That’s great – but if you’re a local dealership and you have two or three nearby dealerships selling the same make of cars you do – what can you do to incent people to come to your showroom instead of the one 10 miles away?
If you have Advertising Boost, you could offer them a free vacation stay if they come in for a test drive.
Or, you could run a contest that offers an all-expense paid vacation to the contest winner and all people have to do to enter is take a test drive.
Again – the possibilities for how to grow a business using Advertising Boost are only limited by your imagination.
But I’m sure you can see how adding a vacation incentive to a shared advertising campaign could bring people to your door rather than your competitors, which is what you want, right?
Closing thoughts
If you’d like to know how to grow a business fast, check out 15 Ways to Grow Your Business Fast from Entrepreneur Magazine.
And if you’d like to find out more about Advertising Boost and the $3,340 in bonuses I’m offering, watch the Advertising Boost review I did on Facebook…it’s the same video as the one above, but it has links to more info and how to contact me if you’d like to.
Best wishes for an awesome year for you and your business.
