Oct 12 • General discussion
Simple 5th Quadrant Investment
This 5th Quadrant investment is so simple but is so overlooked by virtually everybody in business.
A smart Digital Asset Profits member could take this idea and create a done-for-you service that makes great money while helping businesses they buy from or that are based in their local area.
About a year ago I purchased some Britta Water Containers and Filters for home because the local water tastes like shit and is full of chemicals we'd prefer not to drink.
I filled out the Warranty card and Britta started sending me offers for discounted products every month or so. However, they are ignoring an easy way to not only help their customers but to also make more money.
Below you can see a screen shot of the email I received today, and the reply I sent them with an idea they may or may not want to implement:
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Hi guys,
You have terrific products and our family uses them every day. Having said that, you only ever offer me your own products which we don’t need to buy more than a couple of times a year.
I’m sure people who commit to drinking healthy water would be interested in other health related products if you sourced them and did a deal with their distributors to promote them to your audience for a split of the profits.
You would be helping your customers by only recommending the best products, and both you and your partner would make more money without having to run ads or pay retailers.
There are literally thousands of great products people would buy from you if you just asked them.
Hope this gives you some food for thought.
Warm regards,
Rocky Tapscott
0418 788 482
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In this example I didn't make an immediate offer to help them because I wanted to see if they are pro-active enough to reply and ask me more about it (playing the long game).
If they don't I will follow up once a week or so to remind them of the opportunity and ask them if they would like me to handle it for them on a paid-for-results basis. Remember I am a CUSTOMER who loves their products, so there is a good chance they will respond at some stage.
When they do I can make them a Risk Free Proposal to run a TEST to see if there is any interest from their customers in buying other health related products from them.
They have no downside if I run a test and it doesn't work, and if it does work I can source dozens of additional products to offer through their EXISTING DISTRIBUTION CHANNEL (their massive email database).
Once we have found the perfect products their audience wants to buy, and the best messages to sell them, we can set those messages up in a permanent, automated sequence that goes out to everybody who joins their email list in the future.
This is a PERFECT opportunity to place a Digital Vending Machine (the email sequence I will create) where we are leveraging other people's assets (their large distribution system offline through retailers, their reputation and their email list of BUYERS) and selling other people's products we don't have to create, stock, sell, deliver or offer customer support for.
Can you see how powerful this is?
Are you going to do it?
Let me know in the comments if this gives you any ideas...
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Simple 5th Quadrant Investment
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