April 2013 Magazine
March 15th, 2013 // 2:51 pm @ Million Dollar Methods
MDM Magazine – April 2013
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Exceptions to the No-Sales Rule
March 13th, 2013 // 6:30 pm @ Million Dollar Methods
In the previous issue I outlined the consequences of discounting prices, including the severely damaging customer behavior modification.
Today, though, I want to introduce three scenarios where it DOES makes sense to discount and initiate a ‘sale’.
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Creating Greater Value Without Discounting
February 20th, 2013 // 11:44 am @ Million Dollar Methods
In today’s issue, I am going to dive into the driving force behind sales and how to achieve the same result without reducing prices, cutting profit, and cheating yourself.
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March 2013 Magazine
February 15th, 2013 // 2:55 pm @ Million Dollar Methods
MDM Magazine – March 2013
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Profiting Big in a Commoditized Digital Marketplace
February 10th, 2013 // 11:13 am @ Million Dollar Methods
The internet has transformed the business landscape creating entirely new industries, reducing the barrier of entry for new entrepreneurs, and shifting what was once a local market to global. However, it’s also destroyed price integrity, open the flood gates to cheap knock-offs, and forced entrepreneurs to get creative on pricing.
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How to Determine Price
February 1st, 2013 // 1:09 pm @ Million Dollar Methods
One of the most critical decisions in running a business is setting prices. Yet most entrepreneurs spend little time deciding, evaluating, and tweaking what they charge.
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Inside the Expenses of Making Money
January 18th, 2013 // 10:25 am @ Million Dollar Methods
It’s certainly not the most attractive, exciting, enticing part of business or being an entrepreneur, but understanding (and managing) your expenses is critical to wealth building.
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February 2013 Magazine
January 15th, 2013 // 3:04 pm @ Million Dollar Methods
MDM Magazine – February 2013
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Lost Customer Reactivation Campaign
January 15th, 2013 // 1:49 pm @ Million Dollar Methods
If you aren’t familiar with the coffee company illy (or if you’ve only seen their cans in gourmet shops), then take some time to follow their marketing strategies. They’ve done a lot of brilliant things which offer lessons for all marketers.
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Defining ‘Profit’ for the Entrepreneur
January 11th, 2013 // 2:03 pm @ Million Dollar Methods
This is the first edition of my ‘Profit Report’, a weekly newsletter for members of Million Dollar Methods focused on the math and science behind getting rich as an entrepreneur.
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