Thursday, January 31, 2008

Multiply Your Advertising From Your Profits

Yesterday, we discussed some advertising strategies. Today let's talk about how we multiply your advertising with your profits. Some other people might say; Pyramiding your profits.

The whole concept here is that you have to think BIG!

You must have the commitment to do this. Here is how it works. Whatever profit you get out of one ad if large enough(profit), you will buy two ads. The money made from two ads will buy you four ads. The money from four ads will buy you eight ads. You get it? Just keep doubling the amount of ads with your profits. It won't be long before you will have literally thousands of ads submitted that can be like silent little money makers...bringing you in money no matter what time of day. That is like a passive investment, having your money work for you.

You will be looking back and thinking; Wow, it all started with that one ad. Now there is more to this strategy. The idea that is actually a working plan for many sounds rather easy, doesn't it? Well, no it isn't! Shucks, you say, I just knew there was a catch.

You know what the catch is? Simply, you have to have the Discipline and commitment to do this. You might recall at the start of this I said you need to have the commitment, the truth is you need both.

Here is what you need to do;

Open up a checking account specifically for advertising. When you make a profit on a particular ad, be sure you pay your bills and put the balance in your "advertising account"

It is up to you to decide how much you need to hold back for your business and for your advertising. If you find that you cannot multiply your advertising, than there is something wrong with your ads or where you are placing them. Read yesterday's article regarding this.

Now nothing in life that we do is going to turn out like the ideal scenario. As an example You may have the need for money elsewhere in the business. The point being, you need to advertise... no, you have to advertise, it is the cost of doing business. What this teaches us is discipline to think big and grow. It is also a great way to save your money for other needs. What you have to know is, this money is not for spending for anything except it's intended purpose.

No comments: