Low cost business tips
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LOWCOSTBUSINESSTIPS
LOWCOSTBUSINESSTIPS
Visit the website below for a low cost
affiliate marketing opportunity
that’s ready-made for you.
www.DoodleVideosMadeForYou.com
For free marketing videos.
THEGENERALPRINCIPLEIS SIMPLE
Find something people need or want that you can access for very little cost.
1.Turn KnowledgeOr ResearchInto aproduct
You could make a digital product
created from your knowledge or
research.
1.Turn KnowledgeOr ResearchInto aproduct
You could make a digital product
created from your knowledge or
research.
If you can make the product cheaply
enough, you have another stream of
income once you develop a marketing
plan.
2.Create Product At PointOf sale
You could sell a product created at
the point-of-sale like:
● print-on-demand books; or
● commissioned art
2.Create Product At PointOf sale
You don't have to make a large
investment.
2.Create Product At PointOf sale
You can plan to reinvest the money
from your first sales and fund future
growth of the business.
3.StartWith aSmallProductionrun
Can you create a few products now
which will fund future growth?
3.StartWith aSmallProductionrun
There are no economies of scale in
creating just a few products,
but there is very little risk.
3.StartWithSmallProductionrun
If your first products sell well, you can
reinvest in future products.
3.StartWithSmallProductionrun
If you start small, you won't lose so
much sleep worrying about your
investment.
4.BeThe OneIn theMiddle
Manufacturing is expensive and
maintaining a retail shop is
expensive.
4.BeThe OneIn theMiddle
You could look at making the
introduction between seller and
buyer - and that need not be
expensive at all.
4.BeThe OneIn theMiddle
Products can be sold online without
holding stock or without the need for
a physical shop.
4.BeThe OneIn theMiddle
A virtual shop isn't hard to set up and
isn't expensive.
4.BeThe OneIn theMiddle
Retailers are glad to have someone
else driving sales for them and they
can take care of warehousing,
transport and returns.
5.AffiliateMarketing
Reaching out online can make
opportunities for affiliate marketing.
5.AffiliateMarketing
Similar to 4 above, with affiliate
marketing, you don't need to have a
virtual shop.
5.AffiliateMarketing
You can use other methods of driving
traffic to a seller, and be paid a
commission for your efforts.
This can become a very valuable
business.
6.ThinkLike abootstrapper
Even if you have money, think like
you have nothing, and do it smart.
6.ThinkLike abootstrapper
Nurture a self-funding bootstrapping
mindset. Not only is it good insurance
to have a risk aware mentality, it's
also the best way to get your creative
juices flowing.
6.ThinkLike abootstrapper
You might find that guerrilla
marketing is not only inexpensive, it
works better than traditional
marketing.
6.ThinkLike abootstrapper
Content marketing can attract more
customers, and those customers are
also fans, which will do wonders for
your bottom line.
THERE’S LITTLE TOLOSE
If you keep control of your costs.
AND EVERYTHING TO GAIN
If you keep control of your costs.
LOWCOSTBUSINESSTIPS
Follow a proven system that works.
www.DoodleVideosMadeForYou.com
For free marketing videos for you.