What are repeat purchases and how can they be used to create cash flow for our bank accounts?
Most consumable products, like the ones we use everyday around our homes, will need to be replaced many times throughout the year, if not every week or month.
Look at it this way. Since the start of time, in one way or another, people have been shopping, trading, and bartering, all kinds of goods and services for their homes and lifestyles, and this is a trend that is set to continue well into the future, for generations and generations to come.
Today the majority of the products we consistently renew around the home are things like laundry and kitchen cleaning products, personal care/toiletry products, supplements and weight management products, car care products.
Lets face it, people are going to continually buy these items mostly through necessity, and this is where we need to leverage this trend in our favor.
What we need to do, and what we ultimately can do, is position ourselves in such a way that we can take advantage of these repeat purchases, and to do this is a lot simpler than you think. We don't need to change the world, we only need to change the way we do things.
You may or may not have heard of the business of Network Marketing which is simply a business model whereby we introduce others to a different way of doing things to earn an additional income, in this case we introduce others to a different way to shop.
Its about asking people to consider redirecting the dollars already headed out the door to something they might like better, something that benefits them and you.
With online ordering now at an all time high, and technology changing the way we do business, we now have a platform to combine the ease and convenience of online shopping with the power of word of mouth referrals to allows us to share a way with others how to redirect our spending on everyday essentials an earn a reoccurring residual income.
All we are doing changing the way we shop to a more convenient and stress free way, no more waiting for car parks and dragging screaming kids down the super market isles.
We are not out to take advantage of people, but simply take advantage of our spending patterns to create an ongoing residual income.
We are able to cash in on the necessities of life, we no longer need to flush our hard earned money down the drain when we shop, instead we now stand to to not only benefit from personal discounts but also earn commissions on all the products purchased by the people we have invited into our networks.
Repeat customers are the foundation on which profitable businesses are built. Returning loyal customers make a business more robust, meaning there is less likely hood of a slump in our business.
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