Should You Care About Deal Flow?
Have you every read Jeff Bezos book,
“The Everything Store?" It is a great read for any entrepreneur or
marketing person. Bezos took something as simple as selling books and flipped
the whole industry upside down. Think about it, he made billions of dollars
selling in a highly competitive industry.
That is what makes him different then
say a Steve Jobs, Bill Gates or even a Mark Cuban. Bezos did not invent a new
product; he just took a product, married it with the internet and offered a new
and profitable way of doing business!
Jeff had a background in the financial
sector as an IT guy for a very successful
stock trader. During
that time he came across a term that stuck in his head and mine, and that
phrase was DEAL FLOW!
Stock traders are always looking for new avenues of deal flow or
sources of revenue! What are your pipelines of deal flow? Are you
depending on one channel of deal flow or do you have a cross channel marketing
strategy to increase your deal flow?
Outside of buying a new business, there
are only 3 ways to grow you business. Simple but not easy! But if you develop a
strategy for DEAL FLOW around these 3 ways, and commit to executing the
strategy, you will be successful!
- Increase your number of customers
- Increase your average transaction value per
- Increase the number of transactions per
Simple? But very hard to execute!
Simply put, this is what the 1% do
everyday. They don’t let any distractions get in the way. They know what it means
to highly effective with their time.
As you know, Ghost Chili Promotions is
about making the time you spend selling highly effective by utilizing
Dimensional Mail married with Automated Marketing!
Today you need to get peoples attention
and build that curiosity. Until that happens, you will never get a chance to
pull off increasing your number of customers.
To get peoples attention you to know
your customer. You need to ask questions or do some research to get answers.
But what questions do you ask?
Click Here to download The 17 Questions You Need to Know About Your Customer.
If you are interested in developing your own DEAL FLOW: Contact
your Ghost Chili Affiliate for more information!
Posted on Fri, February 14, 2014
by Ghost Chili Admin filed under