Ideas To Profit From Product That Doesn't Sell
- A free bonus material with other product you sell. The perceived value of the product you're selling will increase. Feel good factor of the customers receiving more for less is created
- Always maintain good networking with healthy rivalry of the same target market businesses. They would be interested in using your product as the free bonus for their product. In return, get their favour advertise your product on free advertising.
- Sell as promotional product to other businesses on wholesale. Retailers normally looking for products as a giveaway to customers with their advertising on the product. Part of your previous investment can be regained
- Barter trade with others for things needed in your business. Trade for their products or services. Save you money and help make up for your profit loss.
- Create an online contest and put the product as the winning prizes This will attract traffic to your web site. By listing the product on online contest directories, you might earn free advertising.
- Sell the reprint/reproduction rights to the product. You could still make money selling others rights to reproduce, resell the product. People are always looking for new products to sell.
- Free products giveaway on your website. It won't sell but people visit your website still want it for free. Then, another product you sell might attract their interest.
- At an online auction, try to auction it off. Cut losses and get few percent off it. A profit is also possible because the bidding wars leading to people bid a higher price than it is worth.
- Allow other people to giveaway the product for free if you decide so. Place your web site ads on the product. This way also helps and attract even more people to your site.
- Approach businesses with same target audience. Offer combine products deal. Then sell them together as a package deal and split the profits. Better results selling products this way could helps
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