Easy Ways To Make Extra Money

Easy Ways To Make Extra Money

Easy Ways To Make Extra Money

Money Making Ideas, extra income opportunities and stories to awaken the entrepreneur in you

Give Away Basic Products Or Services But Charge For Any Extras 

Let’s say you need an oil change.  Would you pay $20.00 or have it done for free (Assuming everything else is the same).  What about massages, water bottles, or even software?  In every example, you would probably go for the free offer. 

As an entrepreneur you can create a sizable customer base of people who are interested in your free offer.  At some point the same individuals may need to go beyond your basics and will pay extra for additional services or products.  In the oil change example, the cost of the labor and materials can be easily recovered should the customer need additional work to be done on the car.  

What is created by the free offer is trust and loyalty.  People will come back to your company with more complex, and profitable, needs because they know they can count on you. Free massages, to cite another example, can become profitable if you are entitled to a free 5 minute massage once a month, but need to pay for a longer session.  The same is true for software that provides basic functionality for free but has a paid component for more complex features.

The same concept can be applied to a multitude of products and services in virtually every industry.  Of course, it is important to research the true business opportunities that can come from the free customer base.  If the revenue of making a sale are far less than the cost of giving away something, then the venture will fail.

More Easy Ways To Make Extra Money coming soon!!

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