October 15, 2024

Bandwagon

Good Morning  
As part of my celebrating 25 years in business, here is this week’s birthday specials: 500 – 5.5 x 8.5 full color post card for only $80.00 or 1,000 5.5 x 8.5 full color post cards for only $95.00, and I’ll even throw in the addressing of the cards for free. That’s a saving of $75.00 and $104 respectively. You have to let me know that you want to take advantage of this offer by Wednesday, November 27, 2019, and you have until December 31, 2019, to get the cards printed. 
Next Friday I’ll be announcing a very special Black Friday special that will increase income for your business, so watch your emails. You don’t want to miss it since it will be a very limited offer.
Now on to this week’s tip.
In my daily travels over the last few months I have noticed first a few places selling it, then more and more until I think everyone is selling it. CBD oil is now being sold everywhere from video stores to major supermarkets to the corner convenience store.There is even an MLM selling the oil, so you too can sell it! Almost everyone is on the bandwagon to cash in on the CBD oil craze. 
To make money with a new craze, you have to get in on it early, but not too early. The people or businesses that are the first or very early sellers end up spending a lot of their time and money educating the public about the product rather than on sales, and in some cases going broke. Businesses need to jump into sales as people become educated and start buying. But the trick is to get on the bandwagon before everyone and their brother does. At that point you have market oversaturation, and depending on how large the customer base is, you can have a business making no money on selling the product.
You can also have market shake out and/or consolidation, the big fish forcing out or buying the little guys. 
So what do you do? You get in, ride the wave and make plans to get out before the shake out. If you’re lucky, you can get bought out. But timing is everything!  
Till next week, 

Great Things Happen, But You Have To Take Action NOW!

Philip Freedman

Your Doctor of Customer Acquisition, Retention and Enhancement
P.S. Prevent your business from slowing down with my FREE checklist, “7 Proven, Powerful Ways To Increase Income.”  Click Here  or go to www.7proven.com