Increase Your Online Business Profits By Giving Free Stuff Away
by Yaw Boakye-Yiadom Making money online doesn't have to be hard. Many are aware of, and have employed several marketing techniques for online businesses, such as search engine optimization, having a social media presence, and pay per click advertising, and yet, they don't believe they are anywhere near reaching their goal of making good money online, which can be very frustrating. Giving free stuff away is another great marketing method which is so effective, but sadly, hasn't been tried by many online business owners for a number of reasons. If you are wondering why it works, then here are some answers. Why Would It Increase Profits? It may sound paradoxical, but giving away stuff for free does increase profits. A common economics principle states that when prices fall demand rises. Giving away free stuff is the lowest price you can charge for your service, or product. If you are offering a service, or a product, when you give away free stuff, customers use ...