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Index Page › Business & Commerce › Sales
 

23 Ways to Generate Revenue

 

Author: Brandon Hull

If you own a small business (thats not solely internet-based), you should always be on the lookout for ways to grow sales. Whether youre focused on marketing a product, a series of product groups, or services of any kind, here are 23 ideas to stimulate your own thoughts for generating more revenue:

1. Sell a product one-by-one.

2. Sell similar products packaged together.

3. Sell a license to use your product for a defined time period.

4. Sell a subscription to your product for a defined time period.

5. Sell a flat weekly- or monthly-fee service.

6. Sell relevant advertising space on your products, in your catalogs, or on your company vehicles.

7. Sell digital information for download.

8. Sell products one-by-one, but on an automatic replenishment schedule.

9. Sell some or all items on a minimum-purchase basis.

10. Sell discounts to others products or services.

11. Package your products or services with another companys similar offerings.

12. Sell someone elses stuff.

13. Sell refurbished or used versions of your products and services.

14. Allow others to resell or co-market your products and services.

15. Sell a disposable version of one of your products.

16. Lease your product(s) for a defined time period.

17. Sell time: bill by-the-hour for a service related to the products you sell.

18. Sell your products in smaller packaged quantities (if typically 25/per, sell 10/per at a higher profit margin).

19. Sell your products in larger packaged quantities.

20. Sell your products on your website.

21. Sell your products on multiple, targeted websites focused on individual product groups and customer solutions.

22. Sell access to a seminar where you educate customers about your industry and the solutions you provide.

23. Sell training on your or others products.

Of course, this list is just a start. With expertise in your field, think of ways you can separate yourself from your competitors by providing products and services in a manner uncommon in your industry.

Author Bio:

Brandon Hull

Brandon Hull loves selling. He has helped hundreds of street-level, outside sales professionals increase their sales by rededicating themselves to proven tactics, while also incorporating fresh ideas.

He thinks outside sales professionals need to start thinking more like marketers, less like sales representatives. He likes conversations and stories, not hype.

His experience ranges from successfully launching his own one-man training and consulting business, to personal sales and leadership with Fortune 500 companies.

And he talks about himself in the third person.

Listen, I?ve been in your shoes, signing new business, managing accounts, leading teams, leading regions, leading companies. I've sold bandaids, safety equipment, uniforms, software, as well as training and consulting services.

And now I want to take a small, but irritating, burden off your plate. You want bite-sized, practical sales training tools your team can take on-the-go, I can help. You want desktop aids such as desk planners, activity tracking documents and spreadsheets, or sales-rep friendly software, I can help. If you want a fresh, energized face and presentation for your regional meeting or convention, I?m there.

You can also reach this article by using: business sales, small business sales, sales leads for business, sales business plans, sales business
 
 
 

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