Make sure you check out the rest of this series which takes place throughout March.
Top Tip 3: Try a Different Revenue Model
Another way you can kick-start your year is to try a different revenue model. Some business owners get stuck with doing what they’ve always done in terms of earning money.
However, using different revenue models is a great way to take advantage of all the different people in your customer and prospect mailing list.
But what different options are available? Here are 3 of the most popular that you can easily implement.
Selling Information Products
We are all experts at something. You don’t even need to be an expert; you just need to have enough knowledge on a particular topic that someone is willing to pay you for it.
So what knowledge would people pay you for?
- Digital products
- Live events
With your knowledge you can create an ebook, a teleseminar series, a training course, etc. All these can be made into products and sold online.
Once you have created them once, they can be sold again and again and you have minimal production costs as these products are delivered online.
Selling Other Peoples Products
If you don’t want to create your own products, you can sell other peoples as an affiliate. You promote their products online using special codes and each time one is sold, you make a commission from the sale.
Think about what do you do for a living, or what do you do for fun. Is there a membership organisation that looks after people with similar interests?
Membership organisations are on the rise. We all network online these days whether it’s for business or pleasure, we seek out the company of those with similar interests.
Membership sites usually offer areas for members to connect and interact and essentially, you then have a readymade list of potential customers to sell your products or services to.
These are just a few of the popular revenue models you can use, so give them a try and see what works for you.