I asked him if I redisigned his flyer for FREE and paid to have 2,000 flyers printed, would he give me permission to sell coupon ads on the back of the flyer to other local businesses?
He surprisingly said sure go for it, so I went home and created a mock up of what the coupon side of the flyer would look like.
At the top of the flyer was the headline: Money $aving Coupons and below that was a sub-headline that said: Please Shop At and Support Local Area Businesses and below the headlines I created 10 biz card size coupons.
Now with the mock up created I went out to try and sell the coupon ad spots. I decided I wanted to make selling my coupon ad spots really easy and decided to offer them for a price that they can't say no to, only $50 each.
It took me only 6 hours total time to sell all 10 coupons ad spots and about another 2 hours to layout the coupons.
I made a deal with a local printer to get my 2,000 black and white flyers printed for $100 with the understanding that I would get all my future flyers printed by him.
So minus $100 for printing costs, leaves me with a profit of $400 for a total of only around 8 hours of work and one of the best parts of this idea is that I don't have to distribute any of the flyers, my friend will do this by placing the flyers in his customers bags.
I ended up getting my friend who owns the meat market to sign an agreement for one year allowing me to print his meat market flyer with coupon ads on the back.
Then what I did was get another friend of mine who is in sales to maintain this flyer business for me and I made a deal with him that he can keep $300 a month and I get $100 a month, for setting it up, so I'm getting paid $100 a month over and over and I'm not doing any work for it.
I just wanted to share this idea in hopes that it might help someone come up with there own simular way to make money with coupon flyers.
To your success,