Video Production Business Tips – How to Boost Your Profits Immediately

1. Find a way to add at least $200 to every video proposal you write.

You can write it in as a couple more hours of editing or add it to your day rate for a shoot. It doesn’t really matter how you do it. Just do it! I don’t think I’ve ever lost a project because of a difference of $200.

The other thing to consider is that you shouldn’t be so transparent in your proposals. I don’t show how many hours it’s going to take to edit a project anymore. I simply tell them that the edit fee is $X number of dollars. This makes it easy to build some profit in there.

Remember, as an owner, you want profits on top off your salary. If you increase your budgets by $200 or more per video, you can add several thousand dollars to your bottom line each year.

2. Renegotiate your fixed contracts such as cell phone, office phone, internet, etc. to reduce the monthly expense as much as possible.

Everyone is dying to keep customers these days so use that to your advantage. I ate lunch with a guy today who was able to cut his monthly high speed internet bill by $50 a month just by making a phone call and asking them what the best deal they could give him was.

I was able to reduce my phone bill by $200 a month just by asking the question, “What’s the best deal you can give me? There are a lot of phone companies asking for my business so I want to know what you can do to convince me to stay with you.” That’s $2,400 back to the bottom line each year.

Remember that I’m giving you ideas on how to boost profits. Reducing expenses increases the amount of money you have left over at the end of each month. Don’t ignore this.

Sure, you can sell more but in a down economy, it’s a great strategy to focus on negotiating new terms that benefit you 100% so that when the economy gets strong again, you’ll be making more money and spending less of it. Both working together results in fatter wallets!

3. Don’t include a lot of extras in your video proposals.

Having a lot of extras in the initial video proposal drives cost up which can drive customers away or leave room for your competition to bid lower than you. I recommend that you quote the shooting and editing part of a video and only include 1 copy of the DVD master.

Then, in your video proposal, tell them that additional copies and/or website files can be provided for an additional fee. Most of the time, they will forget about the copies or the digital files until the project is complete.

Then, when they are in a mad rush to distribute their video, they’ll want/need you to make the copies. You quote them a reasonable yet on the higher side number and they go with it because they are ready to get the videos into the marketplace.

Plus, the duplication budget will almost always be treated as a separate cost than the original video so it doesn’t bother them to create another PO number that they can assign your duplication fees to. If you add duplication to the original PO number, red flags go off because they have to increase the budget for the initial video project.

It’s not uncommon to generate an additional $500 to $5,000 in duplication/digital conversion fees within a week or two of completing a project when you treat video production and distribution as two separate transactions.

Keep in mind that everything mentioned here is completely fair. The client is getting great value and customer service at every stage of the project and you’ll still be charging less than other high-end production companies in your area.

Clients are willing to pay more and they should pay more when you are willing to turn quality work around fast. Don’t forget that.

Inherent Real Cost Subsidy of Landfills in Consumer Products – Business Recycling Discussion

When it comes to businesses recycling it is my belief that they should do it for two reasons; one, because it makes sense financially to waste less and thus, it’s more efficient to recycle, and; two, because it’s the right thing to do. Personally, it is my view that if we want more businesses to recycle we need to show them how they can profit by doing so. Show them the dollars and sense to it, and they are sure to partake.

Others believe that we need to penalize companies that don’t recycle and thus, build in the incentive to recycle, and not long ago, I was debating this with an acquaintance who believed in the penalty based motivation to the virtues of business recycling. Now then, who is right about all this? Well, one could argue that I am on the wrong side of this debate, but as a business owner, I do not agree to excessive penalties.

In fact, I already pay an extra fee for recycling, and the trash pick-up costs me more, plus, I pay a CRV on products I often buy. Okay so, one could argue and many have from the Technocrat Crowd on down to socialist leaning professors who teach engineering that penalties or increased fees are the only way to get all businesses to recycle. Most PhD professors of engineering and energy lean towards lean-manufacturing, thus it is an obvious insight for them – there is real cost inherent in all products produced due to the end-of-life-cycle, that is to say; the cost of the landfill, or the cost to recycle or a combination thereof.

EU countries have a one-time cost when you buy your automobile, it’s about $300-500 now (it’s been rising) that you pay upfront with your car to handle the cost when you sell your car. Then refuse and recycling companies can collect that $300 to 500 for dismantling and recycling the pieces. Car makers can lower that add-on cost by making their cars out of materials that are easily recycled, thus, they have an advantage in the market place. I am not one to ever go and straight away copy anything that Europe does, but it might be a component of a plan we might consider here.

The only problem with this EOL (end of life) program is that more and more costs get tacked on, with so many rules and regulations that it turns into a giant bureaucratic mess, administratively speaking that is. And like the EU cap and trade program, it’s fraught with manipulation between regulators, politicians, and crony capitalism there.

In a way you can see that CA has done something similar with the CRV but then we see it isn’t really intrinsically fair to consumers because everyone is recycling their plastic bottles now in their recycle bin, and some cities (like San Francisco) will fine you if you don’t recycle them, and yet, you’ve paid $.08 per plastic bottle in advance, so you pay twice, and someone has the contract to make all that money when it really belongs back to the consumer.

So, it becomes an add-on tax, now CA wants to charge more money when people buy Soft Drinks and then use that money to educate kids on nutrition in the classroom so they don’t buy the Soda Pop or drink it in moderation, this will also subsidize the California Schools about $300 per student, but just as the government regulators taxed tobacco for awareness programs in the 90s they were sued by the companies because the government absconded with the funds rather than actually spending that add-on tax cigarette tax money on the programs it was to be allotted for.

There are so many “well-intentioned” programs created, but the law of unintended consequences is so common and packed with case studies, I cringe on government intervention, and really this is much about personal responsibility right? I mean that should be the aim. This is why it ought to be run by the private sector, and awareness needs to come from within.

Perhaps you are an environmental, Earth-Day, or Buddhist type thinker, well then you understand that everything goes back eventually, everything gets recycled, it is just that some things take longer to decompose and therein is the short-term (human time-scale) challenge. Radioactive material decays and is recycled, same with glass, strong polymer chains of plastic, and other things, only they just take longer to get back to nature you see.

Perhaps for all these reasons, I distance myself from environmental groups, and find far too many running around with unviable solutions making things worse or even impossible, thus hurting more people, raising costs, and destroying our Nation’s standard of living and quality of life. Solutions MUST be sound, make sense, and without unintended consequences down the road, or they aren’t solutions at all. So, please consider all this.

How to Create Products For Your Information Product Business

Creating new products for your customers can be one of the most overwhelming and tedious tasks that you’ll have to do in growing your ebusiness. This endeavor will require enormous amount of research, careful planning, and precise execution. That is why, I am not surprised that most marketers are not looking forward to creating products. But this is something that you must do not only to better serve your customer base but also to survive the growing competition online. Remember, when you are able to meet all the needs and demands of your potential clients, they are most likely to remain loyal to you.

Here are the 4 exciting secrets that can help you accelerate your product creation:

1. Study the market trends. Before you develop great product ideas, you have to do your research first to determine what sells like hotcakes online. What kinds of products are generating much attention these days and why people are shelling out their money on these products? This research will help you figure out the best products that you will have to create so you can profit from this endeavor.

2. Study the law of supply and demands. It is not enough that you will create a product that is highly in-demand. You still need to know how many marketers you are up against. Remember, your sales will be greatly affected by the amount of competition online. If your research suggests that the supply is way more than the demand, this will tell you that it is more unlikely that you will be able to secure huge sales.

3. Deliver quality products. If you want to easily make your mark in the online arena, you must strive to offer your customer base with only top quality products. Your offerings must be useful and highly relevant to their needs and demands so you can easily give them their money’s worth. It would help if you can have your creations tested first to ensure that they are working as designed before you make them available online.

4. Sell information base products. Are you an expert on your chosen niche? Are you comfortable in sharing your knowledge to online users? Then, I suggest that you create information base products like ebooks and CD series. Right now, these products are making huge waves online as the demand for information keep soaring high.

Forever Living Products – A Complete Review Of The Forever Living Products Business

Is Forever Living Products a great opportunity of a big scam? This review tells you everything you need to know.

The Forever Living Products

Forever Living Products is a health and wellness company from Scottsdale, Arizona. They sell a large variety of products including aloe vera health drinks; nutritional supplements like vitamins, minerals and nutrients; weight-management products like energy bars and metabolism boosters; personal care products like soaps, bath salts and shower gels; and skin care products like moisturizer and sun screen, to name but a few.

They were founded in 1978 by Rex Maughan when he got fed up of busting his back for someone else all his life. He decided he wanted to create a home-based business where he could take control of his own destiny and provide a new life for his family.

Forever Living Products has its own aloe plantations, as well as manufacturing and packaging plants, and storage facilities. This cuts out the need for third-parties to become involved, and allows Forever Living to control the price of their own products and be the masters of their own destiny.

The Forever Living Business Opportunity

Forever Living Products is a multi-level marketing (MLM) opportunity, which means that it sells its products through a network of direct salespeople usually called Distributors. There are multiple ways to earn money but the most obvious ones are through retail sales, bonuses, and by adding more Distributors into your business. When they make a sale, you get a commission.

As with all MLM opportunities the most difficult and challenging part of making money from Forever Living Products is finding people who want to buy your product and join your business. You might think that the products are outstanding, and they may well be, but the way of the world dictates that more people will NOT be interested in your products than will be. It is only natural.

A lot of network marketers waste so much time trying to find people who are interested in the product. The will spend their days cold-calling, handing out free samples, distributing CDs and DVDs, giving presentations, and pleading with people to see the benefits of the products. With so many uninterested people out there, and so much competition from other health and wellness companies, trying to find people who are interested can sometimes seem like trying to find a needle in a haystack.

The best way for you to find those who are interested is not to go out looking for them, but to make people an offer they can’t refuse and sit back and wait for them to come to you! This is a skill that, if you can master it properly, will set you and your Forever Living business up for life. It is a tried and tested technique in the network marketing game, and is proven to produce stunning results.

People are out there right now searching on the internet for products that will improve their life. They are looking to buy exactly what you are trying to sell. It is a perfect combination, but if they can’t find you then they will buy from somebody else instead and you will have lost a potential customer. You have to make an offer that allows you to stand out from the crowd, and has hundreds of people every week contacting you about Forever Living Products, ready to buy from you.

If you would like to find out how top Forever Living Distributors use target marketing techniques to help potential customers find THEM, read the Network Marketer’s Bible.