⏳ TikTok Ban Could Cut This Company's Revenue By 50%

📬 Friday, June 21, 2024

Happy Friday, homies. Did you have a new business win this week? 🏆 If so, what was it? How will it impact the rest of your current revenue year?

Here’s what you missed while you were out selling and growing your business:

1) TikTok Ban Could Cut This Company’s Revenue By 50% ⏳

The Stampede Network was launched in 2021 by a then-21-year-old college graduate. Since then, it has built revenues of almost $4M annually, with roughly 1/3rd of it coming from TikTok engagements. Read more here. 👈🏼  

📎 Sales Tip(s) of the Week:

Business Building 101:

If you’re not factoring in an annual price increase, you’re eroding your own margin.

Tell me the last time your cable or streaming company asked your opinion before notifying you of an upcoming rate increase…?

Or, when was the last time your Bank asked if it would be OK to lower your savings rate?

The simplest way to begin to scale the bottom line while maintaining profitability is to institute an annual price increase for your existing products or services. 

You’re fooling yourself if you “don’t think” your costs aren’t increasing each year. Why wouldn’t you pass along that increase to your customers, like every other modern business?

If your answer is “fear of losing the customer,” I’d challenge your value proposition and deliverables.

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2) Why Your Sales Staff Should Never Talk About The Competition 🙊

Degrading a competitor is certainly out of bounds. This we know. But referencing a competitor only serves to bring attention to them, adds credibility to their business, and gets the potential buyer thinking about their products or services… when you want the focus to be on how your product or service can help solve their problem(s). Read more here. 👈🏼

3) 20 Proven Cold Contact Strategies For Successful Business Partnerships And Sales ☎️

Reaching out to a cold contact can be intimidating. The unfamiliarity can create anxiety and stress; however, with the right approach, it can lead to valuable opportunities! Read more here. 👈🏼

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Email Sales Homie here. 👈🏼

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