Recurring Income in Offline Business
As I grow my business one thing that I am focused on is adding as many recurring income streams into my business as possible.
So with every proposal I am making sure that the solution includes as much recurring income as I can. This is a combination of services such as SEO, hosting, video marketing etc.
In the past when someone wanted a website I would just put a proposal together for that ... but not anymore ... now every proposal has a large element of recurring income built into the proposal.
Interesting thing is the last two clients who have signed up have not blinked at the recurring monthly fee of $1000 a month for additional services.
All I said to them was ... 'There is no point having a great looking website that no one visits, right?'
So this has really got me thinking ... how do I build my entire business around recurring monthly income services?
The recurring monthly services I currently have are:
- Web Hosting
- SEO
- Video Marketing
And I am about to add a monthly high quality newsletter membership for probably $27 a month.
I am curious what other services are you offering that have a recurring monthly income stream to them?
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