Recurring Income in Offline Business

10 replies
Hey everyone ... I am relatively new to the forums here but not new to Offline Consulting.

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?
#business #income #offline #recurring
  • Profile picture of the author ATAC
    I have been in the offline space for over 7 years and what evolved into my most profitable along with easiest to implement and create a reoccurring income with is SMS marketing .

    I get paid from each of my clients $275 and up every month on the 4th for 4 text messages a month each.
    All the client has to do is text me their special for the week and bam....

    It is so easy as my business evolved I have stopped offering so much because SMS is so easy I give away a free trial then I build a list of all of their customers (once I do this they are customers for life) then we advertise to them specials ...
    Win ,Win ,Win,,,

    Best of luck
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    • Profile picture of the author imsolutionsgroup
      Originally Posted by ATAC View Post

      I have been in the offline space for over 7 years and what evolved into my most profitable along with easiest to implement and create a reoccurring income with is SMS marketing .

      I get paid from each of my clients $275 and up every month on the 4th for 4 text messages a month each.
      All the client has to do is text me their special for the week and bam....

      It is so easy as my business evolved I have stopped offering so much because SMS is so easy I give away a free trial then I build a list of all of their customers (once I do this they are customers for life) then we advertise to them specials ...
      Win ,Win ,Win,,,

      Best of luck
      Glad to hear SMS has worked so well for your business. I as well got into SMS marketing not to king ago and I have to agree...it's the most successful recurring service I've ever had.
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      • Profile picture of the author sodomojo
        Originally Posted by imsolutionsgroup View Post

        Glad to hear SMS has worked so well for your business. I as well got into SMS marketing not to king ago and I have to agree...it's the most successful recurring service I've ever had.
        What do you mean most successful? How long have you offered it? What platform do you use?
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      • Profile picture of the author clientattraction
        Originally Posted by imsolutionsgroup View Post

        Glad to hear SMS has worked so well for your business. I as well got into SMS marketing not to king ago and I have to agree...it's the most successful recurring service I've ever had.
        Thanks for sharing your thoughts imsoultions ... what other recurring services have you used in past that you find SMS is a better option?
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        • Profile picture of the author imsolutionsgroup
          Originally Posted by clientattraction View Post

          Thanks for sharing your thoughts imsoultions ... what other recurring services have you used in past that you find SMS is a better option?
          SEO, Website design/hosting, classified ad marketing, social media

          SMS has been the best for me because it's easy for the business owner to see results and it's a simple method that they can understand.

          Maybe I'm not as good as explaining/delivering the other services as some of the other warrior members here...but personally I've had the best results with SMS.

          I'm actually in the process of creating a business only for SMS and will most likely only be working with SMS from here on out.
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    • Profile picture of the author clientattraction
      Thanks for sharing ATAC ... great idea with the SMS marketing.

      I have not gone to far into Mobile Marketing as yet but will look into it.
      Sounds like a great service and no doubt clients get value from it as well.

      Originally Posted by ATAC View Post

      I have been in the offline space for over 7 years and what evolved into my most profitable along with easiest to implement and create a reoccurring income with is SMS marketing .

      I get paid from each of my clients $275 and up every month on the 4th for 4 text messages a month each.
      All the client has to do is text me their special for the week and bam....

      It is so easy as my business evolved I have stopped offering so much because SMS is so easy I give away a free trial then I build a list of all of their customers (once I do this they are customers for life) then we advertise to them specials ...
      Win ,Win ,Win,,,

      Best of luck
      {{ DiscussionBoard.errors[8595816].message }}
  • Profile picture of the author Matt Lee
    I'd give the newsletter away for free (as added value) in conjuction with another monthly service. It's how i built up my offline contacts list, so whenever i want to run a special on services like mobile website design or promo videos, I can send out an email & I'll have orders within 24 hours.

    Don't forget about offering SMM services, as well as reputation management.
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