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Cashflow Tips. . . . . . . . . . . . . . .for your Business
January 9, 2007
ISSN 1550-4182 - Vol. V, Issue 1
In This Issue
Other Resources
Good Morning, Cheryl,

Well, it's nearing the end of January - do you know where your goals are?

You did write them down, didn't you? Have you looked at them?

If you're like me, out of sight, out of mind. I was recently impressed by a colleague who proudly carried her goals with her to keep them within her daily focus. If she continues that habit - I'll bet she achieves her goals.

What can you do to keep focused on your goals?

Do you need ideas to meet your goals of increasing revenue this year? Follow this link to listen as Cheryl shares tips to grow your business in a recent interview on the book - Small Business BIG RESULTS...

Judgment comes from experience, and great judgment comes from bad experience.
Bob Packwood, Politician
Cheryl Cook
Don’t offer a Door Prize...

Have you ever offered your products or services as a door prize? Was it your intent to get business from it? And did you?

I recently took advantage of services at a spa I’d won at a lunch meeting of a professional organization. I’d made an appointment and mentioned I’d also like a manicure while I was there. When I arrived, I was greeted, by “Oh, you must be my next client.”

Contrast that greeting to one my husband received later that day when he stopped to pick up dinner at a nearby Chinese restaurant we frequent about once every other month. “Hi! Anthony! How are you?!”

Now, the appointment at the spa was for a service I wasn’t familiar with and, as I later found out, has the best results when there are multiple visits. While the service was okay, I was simply handed a brochure as I left (which is where I learned about the need to return for multiple visits). There was no exclamation about what a difference the treatment had made or even the slightest hint that I might want to book additional treatments. The manicure I’d asked about when making the appointment did not materialize either.

Hello? What is the reason you offer a door prize anyway?

  • To gain visibility for your business at the time it is given away
  • To have the opportunity for a potential customer to experience your products or services
  • And, to gain additional sales beyond the free product or service offered

At the spa, my experience could have been concluded by telling me what benefits they could already see and how more treatments could have an even more pronounced effect. Could they schedule my next treatment? And, that manicure you wanted... As it was, there were no additional sales made that day (although I would have been happy to have made a purchase) and no repeat business.

So, don’t offer a door prize..., that is, until you’re prepared to reap the benefits.

If you'd like help getting additional sales in your front door follow this l!nk.

Cheryl will be in Los Angeles later this week. Watch for announcements of more of Cheryl's speaking engagements later this year in San Antonio, Dallas, Los Angeles and New York. You won't want to miss out!

If you belong to a professional organization that is looking for a speaker for an upcoming meeting, see how Cheryl can help.

Warm Regards,


Cheryl E. Cook
Pro Money Inc

phone: 210-289-8942

 


We put more money in your pocket!