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RiskforReward

06/18/10 3:57 PM

#78175 RE: ksingh #78172

Man stop that!! LOL

Your making me think I don't have enough shares!

Thanks for all you do. But I hope you do more!

RR
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mickeybritt

06/18/10 3:59 PM

#78177 RE: ksingh #78172

ksingh

You pay high commissions to the sales people. You make it worth their time to make calls, and get business. It doesn't take a rocket scientist to figure out if you pay the sales people a big chunk of the firs years proceeds and a annuity every year the customer renews that it is better to have a piece of something than all of nothing. You build the business on what SALES NOTHING BUT SALES, so you don't kill you business by paying hardly anything for a salesman. Remember they must make decent money or why waste their time. Lets say mom and pop pays $250.00 a year all at one time and you pay the salesman $200.00 first year and 7% each year they renew. You make $50.00 but you build a base and each year thereafter the profits almost quintupile as now you pay $17.50 per customer that renews hmmm big jump in actual retained earnings. Same for commercial customers the bigger the accounts pay 85% first years payment, and what a nice return the next year. You build it by paying out money to those who can sell, not difficult to figure out is it?

JMO
Mickey
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tradesmart1

06/18/10 4:24 PM

#78200 RE: ksingh #78172

"The point is how you engage and convince them about this service"


that's where you mentioned consumer awareness and b2b go hand in hand for upfront exposure and leads. ike is relying on b2b now and having the companies advertise through using go800, that is fine but it sure is a very slow process in the beginning and slow things down in getting clients buy the idea.

if ike is so b2b focus, well it doesn't hurt to put a billboard off an interstate nationwide where there are b2b people seeing it as well as the general public aware of go800 trademark. or likewise do radio ads etc.

you are right, if mass general public not aware of it, what is it valuable for skeptical businesses to convince them of the idea, they need to see some value of it in return or they get blinded.

if you could pass this on to ike, that would be cool.

if this idea is successful in a year or so, this go800 could be a standardize 800text to connect, like the standardize 1-800#. It is just another easy remember way to contact companies, what is it so hard for businesses to grasp this techy idea???

ike need to get private investor to lend him multi-million dollars to do heavy b2b and consumer awareness hand in hand campaign.

if ike strongly feels he has a true revolutionary idea, then he can't be too cheap in his marketing awareness or it may slow the momentum interest.