This article focuses on generating cash as a full time job or "on the side" to support your business. These are three easy methods that will help you grow your business while generating more cash on the side.
1. Watch the Market Trends
Imagine selling the hottest product on the market and generating excessive cash flow for yourself and your business. Now imagine watching your profits deteriorate because you did not keep watching the market for the next "big thing". There is a new "hottest item" on the market and you missed out at being on the leading edge because you didn't think ahead. Keeping ahead of market trends can be amazingly easy. Just think, around Christmas people buy of millions of dollars worth or supplies, decorations and trinkets for a 1 day celebration! Also, everyone with school aged children goes shopping for "back to school" time. Simply by watching the market and sometimes the time of year, you can dramatically increase your cash flow. This is what thousands of sellers on eBay do each day!
2. Diversify what you Sell
No matter if you are selling on eBay, the internet or face to face; having a full "portfolio" of products will help you to be successful. If you are selling one type of product, what happens if it stops selling well in your market. The price drops, and you are losing money! A very wise decision with selling is to buy moderately. You can purchase 4-5 of one product and 4-5 of something else. Don't exceed the consumer demand or the prices will plummet. Another great way to increase cash is to purchase complementing products. As an example, if you own an online store "Great Pens of America" why not sell paper, ink replacements and pen holders. All these products will complement your featured product. This is just an example which you can apply to whatever products you sell.
3. Places to Sell your Products
Where you sell your products can be almost as important as what you sell. If you try selling wonder bras in an online magazine (e-zine) which has a mainly male subscription, you will not get much response (hopefully)! Below, I have listed several very good places to sell your products and services.
eBay - A great place to sell just about everything. I do suggest that you look around through the categories to see what is selling and for how much.
Expos/Conventions - This is a great place to get your products noticed by thousands of new customers. Don't expect to sell a lot at the expo though. Most of what you will get by talking to people are leads for future sales. Following up with leads and prospects is a great way to keep your business going in a selling drought.
Flee Markets - This is a place to sell just about anything you want. Depending on what type of market it is, you can generally set up a table or booth for about $10-$20 a day. Most flea markets only run on the weekend getting the most traffic.
E-zines - Internet magazines (e-zines) are a cheap and great way to advertise your business or products. Many e-zines are free and have a specific target audience. Before putting your ad in an e-zine, check their subscription target audience and number of subscribers, it won't do you any good putting your ad in an e-zine which targets the wrong audience or only a few subscribers.
About The Author
My name is Anthony Hedgpeth. I have been in the sales and marketing field for 10 years with much success. I specialize in helping people have success. We work with people in businesses and stay at home jobs by providing them with a complete "road map" to success. Please visit www.atechpc.net to learn more information and see a Demo of our program.
recurring maid service Buffalo Grove ..Have you any idea how many people search Google every... Read More
I'm constantly reading articles on the internet and in financial... Read More
This retirement account is so new and unique that you... Read More
For most of us, the idea of retiring simply on... Read More
Wealth - an abundance of values. Each of us determines... Read More
Parents must give serious thought to protecting their family through... Read More
Bottom line. No exaggeration. No hype. If you want to... Read More
There once was a hawk, ferocious and swift. He was... Read More
As you sit in traffic, inching along between irate drivers,... Read More
Have you seen a picture of the Parthenon in Athens,... Read More
Building wealth is as simple as saving a little bit... Read More
Hello,If you dont understand this yet, or have not heard... Read More
At any time in history, no matter what the current... Read More
Let me ask you a very simple question. Do you... Read More
In his best selling book, "Rich Dad, Poor Dad, Robert... Read More
U.S. Supreme Justice Louis D. Brandeis"I live in Alexandria Virginia.... Read More
Like I said, If you are poor and on social... Read More
As someone who loves to shop, enjoys holidays and owns... Read More
Loose change that is, if you want a easy way... Read More
Money is probably the most challenging thing for many people... Read More
Planning for the undesired, accidents and possible unknowns in life.... Read More
There are many wealth creation strategies and investment techniques available... Read More
1. Pay off high-cost debt. The best investment most borrowers... Read More
Everyone wants to be wealthy. Only a few actually achieve... Read More
"If you know how to spend less than you get,... Read More
premium house cleaning Glenview ..Estimated Reading Time: 4 minutes -- Envision your life 10... Read More
Well, the New Year is around the corner and so... Read More
U.S. Supreme Justice Louis D. Brandeis"I live in Alexandria Virginia.... Read More
Financial freedom is the power to do what you will... Read More
Before I had a lot of money, I was really... Read More
Every day you work is one day closer to your... Read More
Do you ever get this in your email box: Find... Read More
No matter what income level you are currently at, generating... Read More
Perhaps the primary message of Rich Dad, Poor Dad is... Read More
Parents must give serious thought to protecting their family through... Read More
Have you seen a picture of the Parthenon in Athens,... Read More
"It's the business of your life?and you're the CEO!" Gala... Read More
If you're reading this article, it means you are a... Read More
This retirement account is so new and unique that you... Read More
According to Wallace Wattles, in his popular wealth treatise called... Read More
The rewarding of high compensation packages to top executives who... Read More
"Money Doesn't Grow On Trees."Some of us even believe it.... Read More
At any time in history, no matter what the current... Read More
Is the ghost of "Money Past" haunting you? Do you... Read More
It all begins with a simple calculation.You are home on... Read More
Financial planning often gets a bad rap. Part of the... Read More
There once was a hawk, ferocious and swift. He was... Read More
Here are some thoughts about the morphing of thought and... Read More
1. Save up to 50% per month on convenience cleaner... Read More
Whether an established conglomerate or a fledgling company, a business... Read More
Wealth Building |