How to Increase Profit Margins Step 2!

I will only say this once!! DO NOT COMPROMISE ON PRICE!

When distributors lack confidence in their products they immediately lower the price, which ultimately effects their bottom line. This comes out of fear of loosing the sale. Everyone figures that some money is better than none. Especially in this economy we have to keep every sale that we have in our hands. But truthfully maybe the sale should be lost if the profit margins cannot be maintained. The problem is when the owner has the mind of a salesman, you need to keep your businessman hat on and not put on your sales hat. It takes time to realize that the bottom line is more important then the top line.

Step 2 Create Continuity

You can build a bigger order and more profit by taking to your clients about continuity, such as a series of products that are distributed over time to an specific audience. When you do this you lay the groundwork for either a larger dollar order up front or a string a follow up orders over a set period of time, it all depends on how your customer wants to purchase product. Continuity programs are effective at securing future sales. For example a desk set, where each year or each quarter your customer adds to the set, one time a clock, the next a pencil holder, the next a letter opener, and so on, you get the idea. Your clients will benefit because they are more likely to remember an advertiser when a message is sent to the repeatedly over a period of time, this makes your customers investment more profitable. It's far better to spend more money up front and get a better returns on the back end than to save pennies only for lesser results.