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Monday, November 1, 2010

Building Business Success Strategies Into Your Plan

Think that business success strategies are what you work on after your business is up and running. While that is certainly true, that concept is not complete. From the moment you set pen to paper in preparing your business plan, you must be thinking of the strategies you will use to ensure success.


First, determine what success means to you and your business. Is it a certain sales quota or the number of outlets you build or the size of your affiliate roster?

How you answer will determine what goes into your plan. If you see success as an income figure alone, then all aspects of your plan will build around that goal. If the goal is to create a sizable affiliate membership, your focus might be on things your company can do to make that a reality.

The way to build these business success strategies into your overall plan is to set short and long-term goals based on your end goal.

Let's say you want to build a huge affiliate base which will bring you the desired sales. You need to have some idea of what an affiliate can accomplish. You also must know if you can attract those super affiliates, or if you'll have to create your own.

Apparently, there are not a lot of super affiliates out there, but that doesn't mean you cannot improve the affiliates you do have.

At this point, your business strategy might be to offer excellent affiliate training. This training would be steps above the other training programs out there. Yours will provide workshops, videos and other resources that focus on all the methods that work best for your particular business or product.

With such an excellent training program, you are sure to attract the right affiliates that you can build into super affiliates.

The next very important step is to determine how you will reward those with the high sales. This might be products, vacations, bonuses or anything else with perceived value. You want to hang on to those super affiliates, and the best way to do that is to reward them handsomely.

Another element is to determine the sales quota that you see as being successful. Will you achieve that quota with affiliates or by other sales avenues? It will depend in part on the type of product you are selling.

You must know your target customer. What problems do they face and how can your product help them? What causes them to click the buy button? Conversely, what turns them off hitting that button? This is crucial to your success, and if you don't know it, you can be losing sales.

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