The concerns and fears around the coronavirus pandemic are affecting everyone globally. We too are feeling the effects in our homes and businesses. We are in uncertain times right now and that is why it is super important to focus on how we are all going to get through this personally, emotionally, professionally and financially.
Karen and Neil 1989
My First Private Label Product
Twenty-two years ago, I left my career, my family and friends, to come to the USA with Neil for a better business opportunity. It was a great opportunity for us as a family and business to grow and make a bigger impact. As Neil grew the family business, I took on the best job and the most important job of my life… Being a full-time mom. What I learned really quickly was, it did not pay very well. With the need to make my own money and extra money for the family, I decided to create my first private label brand, with the help and support from Neil of course.
My private label brand turned into a perfect business. One that I could manage from home and not have to give up my time away from my kids (the best job ever). And the best part, I made money every day from my private label products. I have been fortunate to be able to share this secret business model with so many moms, small businesses, service-based businesses, and retailers to help them grow their business and add a revenue stream they were not tapping into.
Karen’s First Private Label Product Line
It is now of utmost importance to make sure we cover all our basis when it comes to business success and to make sure we safeguard our business so that no matter what pandemic or crisis that causes us to cut back or slow down or completely shut down, we are still able to function, support our clients, make money and make an impact in others lives.
3 Strategies To Consider Implementing Today
I want to share with you 3 important strategies to think about right now in your business so you make money fast during uncertain times and continue to make money from hereon in.
Strategy #1: Add another revenue stream to your business
Make sure your business is not just bringing in 1 revenue stream. Many service-based businesses bring in 1 stream of revenue and do not realize that adding more is super simple. Think about times like now where you may not be able to provide the services you offer. What does that mean for your business? It could mean loss of clients, loss of revenue. This could cause serious damage to your business. Having more than one stream of revenue coming in is essential.
Strategy #2: Make Deeper Connections
Your clients need you now more than ever before. Connect with them on a deeper level. Send them an email or card and tell them how you are still here to support them and how. If they were coming to you for your services and your services have ceased, then let them know how you can still support them.
Strategy #3: Listen
Listen to your client’s needs and support them by finding other ways to provide your service to them. Can you provide additional resources, services or products to them that will help them through this time?
The Power of Private Label Product in Your Business
You may not have any of these strategies in place right now but they can be easily implemented to support your clients and support the success and growth of your business.
I know the power of products – how it can grow exponentially a business and how it can provide support and impact clients outside of the services you provide. That is why I am sharing with you the strategy of Private Labeling. I have been using it for decades. It works! If I didn’t have my private branded products in place right now my business would be affected 100 times more than it is right now during this global health pandemic.
Private labeling is super easy to do and super easy to implement into a business to attract more clients, make money daily and make a bigger impact. All you have to do is find a perfect product, put your brand on it, and share it.
One of our 879 Private Label products. Yes, we share our brands, not hide them from you like others.
Because we have brands that are on the retail shelves and make money!
I continue to use the power of private labeling today to ensure that I make money every day. The power of private labeling works just as great and is effective today as it was decades ago when I was a full-time, stay-home mom. The impact and results of private labeling has on a business is so powerful.
And to be quite frank, I am seeing the importance of this business model as an essential strategy every business needs to implement moving forward. Especially in our current uncertain times. Every business, in any and all industries, should be private labeling products. This is how businesses are pivoting and staying strong.
If I didn’t have my personal brand of physical products as an additional revenue stream coming in right now… I would not be making my full income because as a private label product strategist and business consultant, I also make money in my consulting and live workshop training classes. If I only relied on consulting and didn’t have products, I would be making no money during the coronavirus outbreak and business shutdown.
If there is one thing you take away from this blog I hope you take away this…
Service-based business, small business, and startups, who are currently shut down or slowing down because of the current Coronavirus pandemic, consider learning more about how Private Labeling can help you earn money and grow stronger.
Join me on a free webinar where I share with you how businesses are using the power of private labeling to scale businesses and make money every day, even in uncertain times.[/vc_column_text][/vc_column]