Category Archives for "Jerry’s Notes"

Mar 14

#36 – Set Your Price Based on Value

By Admin | Jerry's Notes

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Share this on…Facebook0TwitterLinkedinMany new entrepreneurs based their pricing mainly from the cost of product or service. So if their product costs P100 to produce, they multiply it by 200% or 300% to come up with an ideal price. But if you are selling a non-commoditized product, that’s the wrong way to do it. Instead of […]

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Mar 09

#35 – Incentivize the Influencer

By Admin | Jerry's Notes

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Share this on…Facebook0TwitterLinkedin Some of you know that I got busy with the iNest in the past few months. I was heavily involved in the design, planning, and construction of our rooms there, including buying the construction materials. Of course, since I know little which brands are good, I often rely on the recommendation of […]

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Mar 07

#34 – Join Associations and Entrepreneur Groups

By Admin | Jerry's Notes

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Share this on…Facebook0TwitterLinkedinLast week, I attended the General Membership Meeting of AFFI. During the program, they surprised me with a token of appreciation for being their president for the last 2 years. It was a simple yet very memorable token from the association that inspired me ten years ago to expand my business. When I […]

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Mar 02

#33 – Learn to Upsell

By Admin | Jerry's Notes

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Share this on…Facebook0TwitterLinkedinThe other day, I talked about increasing sales by selling more to our customers via product bundles. Now, I want to share another strategy of implementing it by encouraging customers to buy more or buy the high-priced version of the same product. You might probably be heard this dozens times, “Gawin na po […]

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Feb 28

#32 – Introduce Bundle Deals

By Admin | Jerry's Notes

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Share this on…Facebook0TwitterLinkedinOne of the best strategies in increasing sales is selling more to our customers. We see this strategy being implement a lot of times in the food industry using product bundles. Want examples? Instead of just buying ala carte, we are offered combo meals that already include fries and drinks. And most of […]

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Feb 27

#31 – Have the Right Fundamentals Before you expand

By Admin | Jerry's Notes

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Share this on…Facebook0TwitterLinkedinIt’s exciting to expand a business! Finally, after working so hard to make the business work, you probably can’t wait to add more branches, offer more products, or expand to new territories. But hold your horses first… Before you expand, make sure you have the right fundamentals in place. What do I mean? […]

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Feb 22

#29 – Fire Your Stressful Customer

By Admin | Jerry's Notes

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Share this on…Facebook0TwitterLinkedinThis note is inspired by the post of Chris Bandong today. 🙂 Should you really fire your stressful and problematic customers? Yes… you should! As an entrepreneur, you have to make hard decisions and that can include firing a customer. Why? Because maybe the relationship is not working out anymore… he is demanding […]

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