In fact, you may be losing money. You maybe hiring writers to help you out, or there are some expenses incurred, even if you have a big list, but only a very small percentage actually buys from you, your still losing profit. You’ll realize that after a few months when you see your statistics and sales figures.

So what could have gone wrong? Why have others succeeded where you have failed? The most common mistake is that you dived straight right in. You chose a topic where you think could be quite popular and would earn you money. This just not the case. Just because you wrote people from the list doesn’t mean they are going to buy instantly.

Here I will offer more advice, for those who have started an opt-in list and have failed, you can rejuvenate your failed venture. For those who are starting, here are three quick and easy ways to build a profitable opt-in list.

1) Get your customers to trust you and your products first. Just launching your opt-in list would not make you an expert and a believable seller. Put many articles first before you start an opt-in list. Write about the topic you know and have started and used for your site. Try to put forums first to gain knowledge about your customers about their wants and needs and target those wants and needs.

Join forums from other sites as well. Provide expert advices and recommendations. When you feel that people trust you already, you will be able to start your own opt-in list. You can build a base as well with other forum users. You can ask them to join your list. Friends are always good customers. Put up a link to your site so that they may be able to see what you’re business is all about.

The certain truth is, the money will only come in when the consumers and subscribers believe and trust in you. They want a product or service that could be a good exchange for their money. People are not going to buy something out of your recommendation if they don’t know you.

2) Find a product or service that people want and need. Although it may not be your forte, if you provide a service and product that you have researched and learned about well, you can carry it on forward. Invest your time, effort and money that you could sell as well as the buyers or subscribers of your opt-in list can use.

While it is true that it is best to sell something that you have interest in, there are not many people who have the same interest as you if you decide to sell something that is not entirely popular or profitable. Do your research well and you would see the profits come in. Also provide your subscribers with promotional material that they could actually use and spread around.

3) Make friends with other opt-in list users. This is basically beneficial especially if it is someone who has already launched a successful opt-in list. These are people that have the experience in this venture and experience is still the best teacher. While there are many articles available for you in the internet to use, there is nothing like getting a first hand account from someone you trust.

Experienced opt-in list users will be able to tell you what to do and what not to do because they have gone through it. While different situations occur for different people, the general concept can still be very helpful. There are many things to avoid and these people will be able to tell you which ones.

Building a profitable opt-in list don’t just happen overnight. There are many preparations and effort to do. Opt-in lists are built from scratch, as your list grows, you should also maintain the quality of your list. Keep it organized and manageable. Get or hire help if need be, just make sure that your subscribers are happy and satisfied and they will be willing to buy from you.

3 Quick And Easy Ways To Build A Profitable Opt In List is a post from: Business Blog | Lilamitre-arte.com

1.You set the standard: Work as hard, or harder, than your employees. Be a role model when managing people. Strive to know more than your best employee (or best sales rep) about your product line, industry, and their jobs. This doesn’t mean you have to know everything. Still, educate yourself. I frequently hear in my seminars, “My boss has no idea what I really do in my job. The challenges, the pressures I face, and the time constraints.”

2. Be an effective communicator: Communicate the good, the bad, and the ugly at least weekly. In study after study, employees and business leaders overwhelmingly want a leader who is “straightforward.” I hear this over and over in my leadership seminars and workshops worldwide. Good interpersonal skills are crucial in managing people.

3. Be authentic, be real: The #1 trait people want to see, to willingly follow their leader is honesty. How can you expect them to look up to you if they don’t trust you? Leadership is all about honesty and integrity.

4. The top 5 things: Ask your people point blank, “What are the top 5 things I can do to help you succeed?” For example, if they are salespeople, what can you do to motivate them to be out in the field instead of in the office?

5. MBWA: Management by walking around. Be accessible to them. Get in the trenches with your team. Nothing will gain respect for you more than that. This is another trait I consistently hear from my participants that they want to see in their leaders, and from their management team.

6. Be willing to fight for them: But before that, set the standard so they know how far they can push something before they ask for it. And when is enough…enough.

7. Get the facts first, listen: Never question their integrity without first gathering all the data. Have an open mind. Let them tell their side of the story. Just because you acknowledge what they say doesn’t mean you have to agree.

This leadership article on managing people represents the opinions of a large cross section of employees, most of whom are managers themselves. In presenting approximately 100 leadership programs a year worldwide for the past ten years, these are the top 7 “common-sense” traits I hear employees most want from their managers. I refer to them as common-sense as it seems most leaders would know how important these people skills are to possess. Yet, many in management have risen in the ranks due only to their “hard skills” or technical skills. Many managers are promoted to management positions without any formal training in the area of communication and managing people. As a result, they can be too overbearing, or just the opposite, non-confrontational.

If nothing else, develop your communication and conflict-resolution skills. It’ll save you money in the long run. As a manager, it’s imperative to know how to manage people. The courts are filled with hotheads, people who said the wrong thing at the wrong time. Or worse, said nothing at all, and enabled the behavior of a difficult employee until it reached a crisis point.

“Sow an act, reap a habit; sow a habit, reap a character; sow a character, reap a destiny.” G.D. Boardman

7 Common-Sense Tips for Managing People is a post from: Business Blog | Lilamitre-arte.com

Leaving the security of a job with established 401(k) plans, health insurance or other benefits can create a real tug of war for baby boomers who want to pursue their dreams of owning their own business.

Analyze Your Exit Strategy

At the time of this writing, the youngest of the baby boomers are turning 42 and the oldest are turning 60. No matter where you fall into this group, analyzing and preparing your exit strategy from your job will be crucial to your long-term success as a home business entrepreneur.

Create a Financial Plan

How much is your salary now? What are your fixed, variable and frivilous expenses? Creating a solid plan so that you and your family will know exactly what the financial picture will be until your business gets off the ground.

Choosing a Business Model and Legal Entity

There are several business models to choose from; home party plans, consulting, and affiliate marketing to name a few. Choosing a legal entity for your business should be discussed with a tax accountant or your attorney.

Set Business Benchmarks

You wouldn’t travel across the country without a road map, your business is the same. Setting benchmarks will help you to create a focused plan that will help you to reach your success.

Get a Physical

What does getting a physical have to do with your business? Once you leave your job, most likely your health insurance will change. While pursuing your dreams of a home business is something you are probably very passionate about, it you do not have good health to enjoy the rewards of your efforts, then not much else is important.

The baby boomer generation is like no other before it or after it. Technically, we are considered middle-aged, but we are anything but middle-aged in mind, body and spirit. We know there is more meaning to life than a commute to an unrewarding 9-5 job, but there are also important steps we must take first.

5 Top Things Baby Boomers Must Do Before Starting A Home Business is a post from: Business Blog | Lilamitre-arte.com

It almost sounds like a chain letter and in a way it is. The chain letter is a facetious reference as so many of us have been exposed to them by now and know they are illegitimate scams. Yet the basic principles are: you give before you receive, and you give with the faith and expectation of receiving. A similar modern example can be seen in the film ‘Pay It Forward’. By giving to others, you allow good things to happen to you. And this all boils down to the simple law of attraction.

The law of attraction is like any other law of nature, like gravity. And like gravity, it is not one that has been generally ‘discovered’ yet. As a result, most of us are walking around thinking in a completely disordered paradigm.

Disordered paradigms of thought are displayed over and over in history, and discoveries of natural laws and observations of reality have brought order to transform the mistaken beliefs that had been accepted for fact. You can think of many examples, such as the belief that the world is flat, or the belief that we are at the center of the universe. Or the great changes that resulted as a discovery of the force of electricity and harnessing its natural power.

In this same way, we are able to make a change in our own disordered thought patterns. Right now 99% of us are probably dissatisfied. Dissatisfaction means larger life is seeking to be expressed through us, and it is being blocked. Self-sabotage is a very real process working in the invisible realms of the unconscious mind.

The good news is there are a lot of simple, small but powerful techniques you can use to reprogram that all powerful unconscious mind of yours, to order your own life as you want it. Yes, there IS a way to eliminate the chaos in your life, and it starts within. It starts by eliminating the often unseen chaos in your own mind.

The technique in this article is only one of a vast array that you can use on a daily basis to improve your life dramatically. In this article you are learning how to use the law of attraction to attract to yourself what you want.

The law of attraction, like gravity, is undefiable. You will attract what you are sending out. Your thoughts are real in the world of attraction.

If your mind is resonating with patterns of anxiety, stress, anger, sadness, envy, grief, or any other negative emotion, you will be attracting more of the same in your life.

One step you can take to change this is to focus on giving to others before you receive yourself. In this way you are changing your vibration and your focus. And you open yourself to receive what you had been closing off before.

It is very simple to give. Give of what you have, and everyone has something to give. We all have innate value to offer the world. An abiding philosophy in the law of attraction is to always offer an increase in value, to give back more in value than you receive in money. In this way you continue to give more than you get and attract more and larger life back to yourself.

Take a moment to look within and find something, anything, no matter how small or simple, to give to anyone, friend or stranger. Start the practice of giving, and you will take one step towards raising your level of vibration and enhancing the value of what you attract in your own life. Give something selflessly today, knowing that you will receive it multiplied back in your life, tenfold.

The Quickest Way to Get is to Give is a post from: Business Blog | Lilamitre-arte.com

The way I’m talking about that details can kill your business is if you focus too much on them.

Say what?

How on earth can focusing too much on details hurt your business?

Ever tried to walk on a railroad track?

When I was a kid, my aunt and uncle had a house right next to a railroad track. My uncle once challenged me to walk on the track without falling off.

Hey, it’s not like walking a tightrope. That track was as wide as my feet. Should be no problem. So I started walking it, carefully watching my feet with each step to make sure I stayed on the track. But I couldn’t get more than a couple of steps before I’d lose my balance and fall off.

My uncle taught me that the only way to walk that track successfully was to look at a point a ways down the track – not down at my feet. By setting a goal and focusing on it, I could walk on that track as easily as if I was walking right on the ground. It was only when I focused on my feet that I tripped up.

It works that way with business, too. Our natural reaction is to put all our attention into “watching our feet” as we deal with this short-term detail and that. But when we do that, we “fall off the track” of where we wanted to go.

Now, I’m not saying that we should ignore the details of our business as we gaze wistfully toward our vision of the knock-out business we dream of building. You never get anywhere without taking step after step after step to reach your goal. But you never get anywhere, either, if all you look at is the present step.

The point in the distance that you need to focus on is the need your audience has and the solution you have that will fill it. It requires you to understand your audience – who they are and what they need and what concerns stand in the way of them choosing your solution.

It’s way too easy for us to focus on details, namely, on the latest traffic building tips or tools, the latest bells and whistles we can add to our site. Details are usually driven by facts, and facts are something we feel we can learn and control. Understanding the people who make up our pool of potential customers is a lot more scary. It requires us to step outside ourselves into the hearts and minds of other people.

Given the choice between dealing with predictable facts and details or dealing with unpredictable human nature, most of us will jump at dealing with facts any time.

But that just gets us stuck staring at our own feet as our feet inexplicably slip off the track. The only way to stay on track is by looking toward your ultimate goal: you helping people solve some problem in return for them repaying you fairly for the time and effort you put into it.

That’s really the most simple definition of what business is. The details are not your business. The facts and the tips and the tools are not your business either. They’re merely the steps you take to get to that point in the distance. And the more you take that to heart, the more easily you’ll stay on the track toward your goal.

Are You Derailing Your Business with Details? is a post from: Business Blog | Lilamitre-arte.com

Usually these buyers guides tell you everything about your new buy and aren’t you excited at these when they talk about the best features of a new Nokia phone or a new motorbike that is just launched? There isn’t any doubt that these guides are packed with information and still are very powerful tools in today’s markets.

Often these guides are compiled by a publishing house and sponsored by manufacturer of products for which the guides are meant for. But let’s keep in mind that most of the time these guides are nothing short of adverts in disguise.

There are several compelling reasons for these buyers guides to mimic an advertisement. One is most of the time the guides are sponsored directly or indirectly (thru advertisements) by product manufactures and so the authors cannot really write against the products and therefore have to toe the line of the manufacturers. And since there is no way that the primary players of the buying and selling game, i.e. the buyer, manufacturer or an existing consumer of the product can interact it becomes basically a one-way conversation where the buyer gets to hear all good things about the product. This is more of a biased representation of the products which it features and in most cases the authors of the guides are the company representatives or other hired people having an interest in promotion of the product.

Appropriately a buyers guide, as the name suggests should be buyer or consumer-centric and primarily cater to the betterment of the consumers. If we think hard, we would know that customer satisfaction goes a long way to strengthen the business. So a true buyers guide will not only help the consumers but also the manufacturer of the products in the long run. Once a buyer criticizes a product it actually presents an opportunity for the manufacturer or the sellers to rectify that defect or lacuna or respond to the changing taste of the consumers. But unfortunately such buyers guides are not abundant in circulation and still the vast majorities are the one-way communication types where reporters and paid experts write a product review more as a part of a business deal than a critical review. Probably the authors and publishers of the buyers guide failed to realize the need of the consumers; the consumers are looking for more than brochures in the buyers guides.

So what is the choice before the consumer in the absence of a true buyers guide? Consumers gradually are learning to differentiate between biased information and true feedback. They cannot be just fooled anymore and already many consumers are turning their back to these sponsored guides. They are increasing relying on fellow consumers for information about products and services. Gone are the times when a company can form a consumer opinion by clever advertising and influence buyers to select their products. The consumers in the 21st century have a very powerful tool within their reach and that is internet. There are already hundreds of blogs which anyone can access and these online journals tell us the real consumer experience about products and services. They also narrate the harrowing experience that some consumers had to face due to unscrupulous companies and or inferior products. The information is voluntary and not paid for and so people perceive them as authentic as compared to the adverts. There are positive feedbacks too which are actually recommendations and consumers are taking cues and choosing smartly.

But the battle against biased information that seek to influence and misguide consumers can only be won if there is a larger participation. It is time for consumer action that makes sure consumers reclaim their rights and their voices are heard. Also they deserve timely action as they are tired of the slow and often ineffective consumer forums that have a very poor record in India. In the backdrop of a weak consumer rights protection system and many vested interests only consumers can help fellow consumers and they can do so without spending any money or much effort. There are already few websites available where a consumer can find out feedbacks about a product and also write a review for others to read. But again discretion should be applied as some of the websites contain many bogus reviews and also paid inserts. Consumer blogs are also very good source of unbiased and authentic information. The best part is that a consumer can also interact with the author and can ask specific questions before making a buy decision. So if you are a smart consumer better listen to your folks than an expert when you want to buy a product next time. Don’t worry too much about the experts, you can be an expert overnight and all you just need is to write product reviews which are eagerly waited by other consumers who want to read them.

Buyers Guides vs. Unbiased Product Reviews – why more and more consumers are preferring the latter? is a post from: Business Blog | Lilamitre-arte.com

Maybe you loved your job and you face an emotional farewell. Or you maybe you hated every minute and you’ve been counting the days till you could walk out the door one last time.

Clients often admit they’re nervous about making the departure announcement. They’re afraid the boss will be angry. They feel guilty about the work they’re leaving behind. Maybe someone else has to take up the slack for awhile.

But clients also wonder how to resign gracefully yet still protect their own longer-term career interests. They suspect their departure style will influence their careers for a long time,

They’re right.

Here are some guidelines to move to your next position with grace and style.

1. Give the correct amount of notice required by your company’s written policy.

Every so often my clients feel sorry for their former colleagues. So they stick around an extra week (or even an extra month). Inevitably, they begin to feel like a fifth wheel. Nearly everyone says, “Next time I’m leaving right away!”

2. After you leave, do not accept any job-related calls from your company unless you have a written consulting contract.

Your boss required two weeks notice – but belatedly realized she needs four weeks for a smooth transition to your successor.

Your boss made a business decision to require two weeks notice. When she miscalculates, she needs to accept the cost, just as she’d accept the cost of late payments to a supplier.

If your company needs additional help, offer to work as a paid consultant with a contract. But get everything in writing and make sure your new job becomes your Number One priority.

3. Study your current and future company policies regarding disclosures and no-compete agreements.

Some companies are extremely proprietary about their process and their people. Once you resign, you may have to leave the workplace immediately. Or your new company may ask you not to work for your former employer, even on a part-time basis.

4. Resign to your boss in person, if at all possible.

Phone is second best. And tell the boss before you tell anyone else – even your best friend or golfing buddy.

5. Expect your boss to be professional.

Clients often fear the boss’s reaction. However, bosses rarely are caught by surprise. Good bosses are happy to see their employees move ahead. Thank her for the opportunity to learn, which has led to your newest and most wonderful career move.

6. Thank your boss and your coworkers, even if you hate them all and can’t wait to leave.

You may regard them more fondly through a haze of memories than a glare of office lighting. You may encounter them at conventions and networking groups. And most likely you will benefit from strong references and goodwill.

7. Decline a counter-offer.

Recruiters consistently tell me, “Sixty percent of those who accept a counter-offer are gone in six months.” If you decide to stay, get a written job contract.

Exception: A few companies and industries actually demand proof of an outside offer before offering you any kind of internal raise or reward. College professors often work in this environment.

8. Treat the exit interview as a business formality, not a therapy session.

When a Human Resource professional asks why you are leaving, be upbeat and positive: “for a better opportunity.” Talk about how much you loved the company and your job. You never know where your comments will turn up, mangled and misinterpreted.

9. Resist entreaties to share the details of your future position with anyone.

Occasionally a colleague will try to assess your salary or other information “so we can stay competitive in recruiting.” Helping your company recruit is not part of your job and anyway, do you really believe this?

Details of your future employment should remain confidential, even from your close friends in the company.

10. Focus on your new opportunity – not your past expeience.

Once you’re gone, you’re history. The very same folks who loved meeting you for lunch will barely remember your name a week later.

And, if you haven’t changed jobs for awhile you may be in for a shock. Your first day in a new position can be a real eye-opener!

10 Tips To Resign Your Job With Professionalism And Pride is a post from: Business Blog | Lilamitre-arte.com

2. Benefit from misspelling in order to find keywords which your competitors did not think of. For example if you have a emergency service , do not only bid for “emergency” but also for “imergency”, “imergensy” or “immergency”.

3. The first position on Googles search result page achieves usually most clicks. However this is also the most expensive position. Give it a try if the second to fourth display position gives you more visitors and more customers for less money.

4. The position of the Adwords-ad is determined not only by the maximum click price that you are ready to spend. Google evaluates also the relevancy of the displayed ad in order to position the Adwords-ads. The more clicks your ad receives, the higher it gets listed.

5. The headline in the Adwords-ad must catch the viewers attention. If you implement the keyword in the header line, you receive considerably more clicks onto your ad.

6. In the ad-text mention one or two reasons, why the internet user should click on it. Which problem solves your product or service? Do you offer a product at a cheaper price or do you ship without the dispatch charges?

7. Avoid price wars at which a competitor and you attempt to outdo the click price for a keyword continuously mutually. You only see to it that the click price fires into the sky. It is better to find search-terms which consist of several words and which are more precise.

8. Google AdWords offers keyword-options which you should absolutely study. If properly set up you can make sure that your AdWords-ad appears only for example if the internet-user has exclusively entered your term and no further.

9. Use “excluding keywords”. Those ones are keywords for which your ad is supposed not to appear. In this way you do not have to pay for clicks, when somebody is searching for free stuff or only for a pamphlet.

10. Construct for every keyword and for everyone of your AdWords ads an own landing-page. There you can offer especially that which the internet-user searched for.

11. An own landing-page beside has also the advantage that you can measure exactly how many customers a specific Keyword and a specific ad brought in. You can optimize your displays continuously in this way and increase the purchase rate.

12. Update your AdWords-ads at specific events or holidays, for example to the New Year, Valentine, Easter or Christmas.

13. If you mention the price for a product or a service in the AdWords ad, then you can exclude in front the free- and all-free-searcher from clicking your ad.

14. Be conservatively in the selections of the countries and the languages’ in which your AdWords ads are supposed to appear. If your product or your service turn only to customers speaking in a German manner, you should tune “Germany” and “Austria” as countries. With corresponding success you can try out also further countries, for example Switzerland, and areas close to the border. This method can also be applied to any other language.

15. The Google ads are also displayed on partner sites of Google, for example at Focus.de or T-Online.de. If your AdWords ad costs too much and/or goes for too little profit, then interrupt the option that lets announce your ad also on the partner sites of Google. Test wisely. Not all ads run well on the partner sites.

Here you got 15 powerful methods to increase your Adwords profits. All you have to do is to take action and apply them NOW!

Happy earnings!

15 Tips to increase your Adwords profits is a post from: Business Blog | Lilamitre-arte.com

Overview of OCR

Optical Character Recognition is a modern technology for digital replication. OCR technology comes with software, hardware and an additional circuit in the computer to execute conversion process. OCR software can not only read the fonts but also recognize line breaks in a document. The process of OCR is quite simple and easy to manage. The entire process of converting hard copy of a document into electronic document may take only a few seconds.

Advantages of OCR

If you are looking for only converting any document into editable digital format then there is nothing better than OCR services. Optical Character Recognition process saves the time and effort of developing a digital replica of any document. No need to type characters manually on a digital file. Just place the hard copy of the document inside a scanner and get the digital format of that document with the help of OCR software.

With OCR process you can convert a document in several electronic formats like – Microsoft Word, Excel, HTML, PDF, Text or Rich Text formats.

Documents, which are converted through OCR process, are editable and allow the user to modify the content. Compared to manual data entry service the cost of OCR service is quite less for developing electronic replica of any document. OCR service proved better than data entry service for the organizations, which are engaged in developing electronic copy of printed books.

Disadvantages of OCR Service

There are several disadvantages of OCR service regarding the cost as well as the process of recognizing the characters. Initially, the cost of developing replica through OCR process may seem lucrative but if you consider the cost of entire OCR system life cycle, the cost will be much higher than data entry service. Correcting OCR errors counts more cost than preparing a digital format of the document.

High accuracy OCR software can read more than 400 characters/second, approximately, and generates less number of OCR errors compared to any ordinary OCR software. Therefore, if you are looking for OCR process you have to maintain a separate workstation for correcting OCR errors.

OCR software is not efficient in recognizing the handwriting and the fonts, which are quite similar to handwriting. In such cases manual typing plays better role than OCR process.

How efficient is Data Entry Service than OCR?

Compared to ordinary OCR process, conversion life cycle cost is less in data entry service and it provides complete flexibility to data entry operators preparing digital documents from multiple formats like hard copy or audio files. Consider the service of medical transcription where you need to prepare digital documents from audio files. OCR cannot prepare digital document by scanning any audio files. In such services, data entry can prove better than OCR.

It has been found that for services like mailing list conversion or data extraction from the Internet, manual data entry services are still widely accepted across the industry. Data entry service comes with several levels – staring from inserting raw data in a document to an error free document. OCR is efficient during the initial level of data entry service but cannot be a substitute of data entry service. However, the selection of a right service (Data Entry or OCR) depends on requirements of the job.

Advantages and Disadvantages of doing Data Entry versus OCR is a post from: Business Blog | Lilamitre-arte.com

Here’s something profound. The reason most of us do not get referrals on a routine basis is because we do not ask for them on a routine basis. Well, it’s almost that simple. What would be the upside on your year-end W-2 if you asked for 2 referrals from each of your new customers? Let’s say you average 6 sales per month. That would be 12 referrals per month or 144 per year. Conservatively, you close half of those warm leads. Multiply 72 by your average revenue per sale. Then calculate your commission percentage off the total revenue sold. Now ask yourself if you can afford not to ask for referrals on a routine basis.

Tip # 2
Develop a process to ‘Set the Stage’

Asking for a referral is one thing, but how many times do you actually get one? Execute a Powerful Routine after you sign up a new customer, and request permission for 3 additional minutes to get their professional feedback. Ask a series of questions soliciting their opinion on ways you can be more effective with your sales process, from initial contact to point of sale, with individuals in the same industry and parallel titles. You are now setting the stage for your future success. Over time, your contacts will give you a free ‘Masters Degree.’ Remember to ‘Pack your bags, but set the stage.’

Tip # 3
Communicate to a “Win-Win” Agreement

Be honest and sincere in reference to the importance of referrals for running your business effectively. Tell your story. If you have a high referral ratio let them know that and why it is high. Customers respect a good businessperson more than a good salesperson. Try to pick a time when the contact would feel comfortable giving a referral to help your business. That may not be at the point of sale, but upon service implementation or some time in the future when you have proved you delivered what you promised. The important point is you must define with the contact when it can happen or what criteria need to be met for it to happen.

Tip # 4
Follow through in order to receive a consistently high ratio of referrals.

You may not ask for a referral until (a) the service has been implemented and (b) the customer is satisfied. But as described in Tip #3, you want to minimally set a referral foundation at the point of sale and receive a commitment to when you’ll receive one. Now, this is very important. Always write in your day timer in front of the contact when the expectation is set, and let them know you are making note of it. Treat it like an appointment for your future success. It’s found business and will afford you a higher closing ratio, shorter sales cycle and most importantly, more referrals! So, follow-up and get it!

Tip # 5
Develop a Referral Program

Be creative. Give up some money. Maybe it’s a gift certificate to a local restaurant (hopefully a customer) or a graduated percent off of their next invoice. An entrepreneurial mind will come up with a few flexible programs that fit your level of buyer. After all, you’re not putting anything out until the referral is sold. The old saying, “money makes money” is still true. Beside the tax right off (check with your accountant), contacts absolutely enjoy getting a little something. Measure the ROI and the benefit will be evident.

Tip # 6
Become the Messenger

Be sure to give the referral gifts out promptly on sold referrals. Deliver it in person, since it also serves as an excellent time to prime the pump for additional referrals. Don’t underestimate the power of this simple discipline. I have experienced ‘millionaires’ who reopened their black books after receiving $20 dollar gift certificates. After all, it’s not the amount but the gesture. And because you are spending your valuable time being the messenger, you will without a doubt focus on receiving one or two more warm leads.

Tip # 7
Promote a Grass Roots Chamber Program

Offer local Chambers a deal they can not refuse. Chambers want to offer their membership a better deal, one that their members can not receive from regular street pricing. They are open to donations to help their chamber and are also motivated to grow their membership. Instead of offering a residual based off of sales, offer to bring them in a certain number of new members each month. After all, a certain percentage of businesses you call on will not be members, and if you can show them a return on their investment, they will certainly join the Chamber to receive it. By helping others you will see your referral ratio reach the sky!

Tip # 8
Identify Potential ‘Bird Dogs’

‘Bird dogs’ are used by hunters to point and fetch game birds for their owners. In sales, a ‘bird dog’ is someone who has multiple relationships with your potential customers and they are motivated to routinely feed you contacts for your marketing efforts. Research potential business people that may fit into this profile, and take them out to lunch. Explain your referral program and how it could supplement their core business revenue stream. For potential ‘Big Hitters’ be prepared to customize your referral program to align with their motivations. Treat them like gold and they will open up their Rolodex.

Tip # 9
‘Get Married’ to a Collaboration Partner

There are companies that provide products or services in your ‘value chain’ but do not compete directly with your product or service. Those companies and the professional individuals that sell for them should be a point of concentration for you to identify and contact for strategies of collaboration. I refer to this relationship as “Natural Marriages.” Contact 3 sales professionals that seem to indicate a ‘natural marriage’ for you and them. Outline what’s in it for them. Then ask them what you could reasonably expect over time.

Tip # 10
Join or Start a Lead Group

You have to eat lunch, right? So why not join or consider developing a Lead Group of entrepreneurial individuals who are motivated to get together twice a month to share leads. Find individuals who are accountable to bringing in the minimum amount of leads each meeting as outlined in your group’s business rules. Make sure every member is covered by the 80-20 rule, getting 80% of their leads from 20% of the members. And don’t be shy about charging a quarterly membership fee. That way, members have some ‘skin’ in the game.

10 Tips to Increase Your Referral Ratio is a post from: Business Blog | Lilamitre-arte.com