9 Ways To Revolutionize Your Profit

Many business people who think that the turnover will certainly be much more profit is generated. It's true. But that's not true profit becomes the main objective compared with the turnover of the business ? Turnover is growing every month sometimes not matched by profits go up. This could be because you have the wrong strategy to increase profit.

Here are 9 ways you can do to revolutionize your profit :

 1. Raise prices

It is the easiest thing you can do. You can raise the price of your product, for example, 10% of the original price. This 10% increase will raise your income also more than 10%. For example, the price of your product 100, 20% profit is 20. If you raise the price by 10% to 110, your profit to 30. You see, before you profit increased 20. But once raised to 30. Increase your profits 50% of the original profit

How rising appropriate for your product ?

It depends on several things, among others :

• - Type of product
• - Price competition
• - Economic conditions
• - Quality of products
• - Variation of the product, etc..

You can do a test to get a rise in price.

Usually employers are less daring to raise prices. He is concerned that if the price is raised then the goods are not sold or turnover will decrease. Especially if the sales know, they lamented to the leadership, worried too turnover will decrease. Therefore, before raising the price you have to have a good reason why raise the price. Strong reasons for example :

• - All competitors are raising prices
• - Goods you have greater benefits, exceeds the price you're offering
• - The product is unique (no substitutions) and a few competitors
• - Raw material prices go up, so it is unlikely that the selling price is not raised, etc..

So, do not hesitate to raise prices if it will be able to increase the profits of business quickly.


2. Increase the number of new customers

The second way to increase the profit of business is to increase the number of new customers. This method is the most common way we do, and it seems like this way a lot of time and cost us to achieve a profit.

How to get new customers ? The following are some steps that we usually do :

• Adding the cost of marketing the hope if the cost plus, the new customers are also increasing.
• Looking for an alternative media for marketing. This is done if the old media are considered less effective or it could be to help the old media.

Increasing new customer is the right step to increase your profits. But do not forget the following steps ....


 3. Increase the number of purchases per customer

Do not just focus on finding new customers while old customers you forget. Existing customers are people who already have faith in you, because it becomes easier to get the purchase from existing customers than new ones. Several methods to increase the number of purchases per customer, among others :

• Up selling, it means offering greater specification at a price that is more expensive. Suppose you sell computers. A customer came to buy computers at a price of 2 million. Then, offer a higher specification computer with a more expensive course. Explain the benefits in accordance with consumer expectations earlier.
• Cross selling, that offer products that complement the main product purchased your customers. For example, the buyer had offered computer computer accessories such as mouse pad, wireless keyboard, screen protector, modem etc..
• Increase the frequency of purchase. You can increase the frequency of customer purchases in a given time period. If current customers buy 1 year, increase to 2 times a year, for example, or more than that.

That we should always remember is, the cost to "cure" the old customers is much lower than the cost to acquire new customers. That's why in the business world you have no Customer Relationship Management (CRM).


4. Increase customer loyalty and make them as marketers

You want to increase profits by way of FREE and spread like a virus that can not be dammed again ? Here's how. Make your customers as your product marketers. Starting from the customer satisfaction of products and services, he will voluntarily disseminate information of your business to others. It is also called word of mouth marketing (mouth to mouth) or viral marketing.

According to research, people will be much more confident buying your product if there is a reference. And you can imagine, if one of your customers has a relation hundreds or even thousands of people, how many new customers you will get. Especially when this era of internet (email, blogs, social media). Therefore, customer satisfaction should you bring in your business. Products and services you need to be able to make high customer loyalty. And in the end product and the service you should be able to make your customers as a marketer.


5. Improve services and benefits, rather than a discount

A lower-priced goods will remain when there is no value added benefits. When an item given a value, then the price of the goods were going to go up as you add the value of the benefit. For example, the coffee market is a commodity whose price is cheap. But after the coffee sold at Starbucks, its value will increase and benefit costs soared. Any goods or services you have today, please raise value added. And after that you can raise prices in accordance with the benefits and services you provide.

Indeed discount is one marketing strategy that can increase business turnover. But you also have to remember was that the primary purpose of your business is to get profit. Giving discounts will definitely decrease your profit margin is not it ? It's okay to give a discount, but of course with the strategy and careful thought. Now, instead of always giving discounts that are not necessarily provide results, you can provide benefits and better service for the same price or even higher. It is much more rational.

 6. Designing a monthly budget

Success is something that should be planned, including the monthly budget of your business. Set up your monthly budget so that your expenses can be better controlled and planned. Without planning, it could be a lot of expenses that should not have to but you actually do.

Everything that comes to spending money in the company should have been planned, especially if it's spending its routine.


7. Make a saving of 10% - 30%

Make saving all of your current operational costs by 10% - 30% only. Check all your current expenditure, certainly a lot of expenses that you can save. The examples that you can saving: electricity saving, buying in bulk requirements, substitute goods with lower prices, etc..


8. Stop ads that are not effective and efficient

Amid competition so fierce, sometimes we as businessmen like wrong strategy, ie one with a costly advertising. You have to look at which ads are profitable and have an impact for the betterment of the business. Not all ads are effective and that you must leave now. Remember always, the world is always changing and evolving. Similarly, consumer behavior also changed. The media are used effectively for your ad, not necessarily as helpful for your business. Therefore, measuring the effectiveness of your ad is very important.


9. Polar sells goods that have a "high margin"

Thing else you can is the result of what you focus on during this. If you sell many kinds of products with different margins, it's good from now on you are more focused on items with high profit margins, as this will greatly help your business cashflow. Instead you sell items with low margins, although sales volume a lot, but spending was also so much more.

So, from now on your sales focus on products with high margins, be it products or services in the form of physical goods.

Hot Product!

The success of the sale of products through the Internet is determined by the position of your website on search engines. If your website can be on page 1 google, then most likely you will be overwhelmed with traffic from google.

Well, the problem is not all the traffic it generates sales conversions. So how do I get all the traffic that comes it generate sales ?

Potential Social and Economic of Coconut

Coconut is one of the important commodities in the economy in Indonesia. Can be ascertained, all the oil has economic value and social value is very high. If the coconut crop is managed in an environmentally friendly agro-minded, of course, is the potential to increase farmers' income and welfare, as well as local and state revenues. The statement was not just a mere puff. If there are any who doubt that statement should you read this article. Because in this article, the author will review what kind of social and economic potential of oil crops for farmers and for society at large. You curious? Consider the following description.

Social potential Coconut

As we know, coconut is one of the versatile plant or tree of life. Each piece of coconut can be used for a variety of human needs. Social value of oil has an important role in world health. Some of the benefits of coconut for Health Care, including the following.

1. Coconut meat

Coconut meat contains a variety of enzymes that are useful for health, especially in the human digestive tract. For example, we take the coconut meat mixed with softened banana and milk. Results is one of the highly nutritious food supplements for children and efficacious drug for patients with gastrointestinal disorders, spastic colon, ulcers, diarrhea, jaundice, and hemorrhoids. Then there are the young coconut meat mixed with coconut water which is a good food for people who are elderly. In addition, chewing a piece of fresh coconut along with a little brown sugar to strengthen gums and prevent tooth pain in children up to a certain age.

Fresh coconut meat is ground, then add one glass of coconut water, sugar, cardamom and a dry sense of efficacious as a remedy in the chest, hiccup, peptic ulcers, and insomnia. In addition, young coconut meat that is made of flour can be used as an important food for people with diabetes. So if you have ulcers and wish a speedy recovery, can be done with young coconut meat paste on the surface of these ulcers.

2. Coconut milk

Coconut milk from young coconuts is one of the valuable food for children who suffer from protein deficiency and vitamin D, as well as patients with abdominal tuberculosis. Also, by drinking a glass of milk in the morning, followed by drinking as much as 25 grams of castor oil proved to be very useful to destroy tapeworms in the abdomen.

3. Coconut Water

Coconut water is sterile water, natural, and contain high levels of potassium and chlorine are very high. Young coconut water is efficacious as a diuretic or useful to expedite expenditure of urine. Young coconut water mixed with milk is very good to eat for children, in there are efficacious to prevent clotting of milk in the stomach, causing nausea, vomiting, constipation, indigestion and prevent illness. Then there is the coconut water mixed with a banana can help overcome the effects of toxins in drugs, sulfa and antibiotic, making the drugs more easily absorbed by the blood. If you are diligent in washing your face with coconut water every day, so acne and black spots on the face will disappear. Another function of coconut water is to prevent the appearance of wrinkles on the face, skin drying and makes it radiant face all day.

Economic potential of Coconut

In addition to potentially beneficial to the health social, coconut also has potential in the economic field that can help meet human needs. Like what he said? Here is the description.

1. Coconut trunks

Palm trunks consist of vascular tissue surrounded by a network parenchime. It is made of coconut wood has high artistic value. An old coconut tree volume average of 0.9 cubic meters of wood can produce 20-30% and 40-60% medium softwood. Palm trunks can be use for firewood because it consists of 50% carbon, 43.2% oxygen, and hydrogen 6.2%, so if used as firewood can generate heat like other wood. In addition, coconut wood is also excellent for charcoal. The harder the wood oil, the better the quality of the charcoal produced. The best part of the stem to the base of the trunk is made of charcoal is that it has a very strong structure. Coconut charcoal can then be used as activated charcoal and charcoal briquettes.

Coconut logs can also be processed into building materials such as blocks or boards, then can be variety of building construction. In addition, coconut wood can also be used to make fences, guard houses and electric poles. In general, the old coconut wood is easier to do than the young. To obtain a smooth coconut wood, required the use of sand paper before lacquered or painted.

2. Flowers and Fruit Coconut

Of the flower stalk can produce sap of coconut palm. Coconut sap taken by intercepted a refreshing and nutritious drink as a medicine. In addition, the sap can also be processed into coconut palm sugar or sugar bowl. Currently palm sugar has become one of the very high export commodity. The structure consists of coconut husk, shell,, coconut meat and coconut water. Leather or fiber heads can be processed into coco fiber (cocofibre), coconut fiber pulp (cocodust), airfilter, matting, rugs, ropes, nets pot, concrete construction, and others. Coconut fiber can also be processed into the planting medium. Processing of coconut fiber will produce fiber for filler materials and the mattresses and car seats, and can be a doormat.

Coconut meat can be made coconut milk, shredded coconut, and oil tick. Coconut milk is widely used as a flavoring ingredient in millions of households cooking has now become a commodity export to Europe, Malaysia, and Singapore. While the dried shredded coconut has become a commodity export to Europe, America, Canada, Japan, and Australia. Not only that, coconut milk can be processed into a variety of refreshing drinks and can also be processed into nata de coco, a kind of fro highly favored by the people of the world.

While shell shell can be processed into coconut shell charcoal, activated charcoal, and mosquito coils. Coconut shell charcoal are needed by the iron foundry industry, shrimp industry, textile industry, activated carbon, and cooking oil industries. Needed to produce 1kg 4 kg of charcoal or coconut shell.

3. Coconut leaves

Coconut leaves are often used by rural communities as the roof of the house, broom stick, woven materials, wrapping up a diamond. Even in eastern Indonesia are predominantly fishermen, dry coconut leaves around the stem leaves are widely used as marine FADs are very useful to facilitate the activity of catching fish, tuna fish, tuna, and reef fish.

4. Coconut roots

Plant roots consist of coconut fibers roots. Combination of the roots of each entry into the soil to suck nutrients. The roots of this palm can be used as medicines and dyes. Well, that's some of the potential social and economic potential of coconut trees. Social and economic potential of any plant oil can be enhanced by strategies of agribusiness and agro-industry activities. For this purpose, presumably it is necessary to develop a package of appropriate processing technology. Thus, the final goal of the cultivation of the crop to increase farmers' income and welfare, community, regional, and state can be achieved.