Transcript
Page 1: 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

Page 2: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

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

200% Net Profit Increase!

Page 3: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

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

Page 4: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

Probably every business owner would say profit, but their

actions don’t agree

Page 5: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

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

Page 6: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

Which of these businesses would you prefer to own…

Page 7: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

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

Page 8: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

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

have $25,000 more Profit?

Page 9: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

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

Page 10: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

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?

Page 11: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

This is an extremely important and relevant question!

Page 12: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

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…

Page 13: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

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.

Page 14: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

This strategy only really works for a service or manufacturing

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

Page 15: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

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

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

Page 16: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

The strategy to create much BIGGER Profits is…

Page 17: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

Raise your prices by 10%!

Page 18: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

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

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

massive profit increase!

Page 19: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

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

Page 20: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

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%

Page 21: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

That’s because you have the same number of customers

spending 10% more

Page 22: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

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

that scenario soon

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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!

Page 24: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

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

tripled! Its increased to $150,000!

Page 25: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

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

Page 26: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

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

Page 27: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

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

rise)

Page 28: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

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

in sales from the price rise.

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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!

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

businesses, before & after a price rise

Page 31: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

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

business lost any profit

Page 32: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

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

profit loss after raising your prices in video 7

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The majority of business owners don’t understand business

numbers, & are seriously missing out on HUGE Profit benefits

because of it

Page 34: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

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

Page 35: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

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

explain more than this video…

Page 36: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

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!


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