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Wednesday, November 20, 2024
Michael Smith
Business owners face many challenges. Acquiring new sales at a profit is one of them.
In many industries right now, acquisition costs are skyrocketing.
And if the acquisition cost is too high, you'll lose money even though you made a sale.
That's why it's important to keep an eye on your acquisition costs and to look for new ways to bring in revenue at a low expense.
Three sources of new revenue have naturally low acquisition costs:
#1. Referrals
#2. Renewals
#3. Selling something else to your client base
The problem with #3 is that it's very common for a business to have already sold their clients everything they have to offer, or their clients don't want whatever remaining products or services the business has left to sell.
That's where cross-industry expansion can help a business owner make more money.
Cross-industry expansion is when a company expands into a different industry and offers the new product or service to their existing client base.
The acquisition costs for new sales are typically very low, sometimes zero.
When Nordstrom opened coffee shops inside their stores, they didn't have to spend money on advertising. They just had to let their shoppers know they had coffee.
When auto body repair shops opened rental car desks inside their shops, they didn't have to spend money on advertising. They just had to ask their customers if they needed a rental car.
When Home Depot started offering installation services, they didn't have to spend money on advertising. They just had to let their customers know they could arrange to have their purchases installed.
Here at Mortgage Systems USA, we have a program that generates extra income for non-mortgage business owners. The business owner earns big mortgage commissions by offering mortgages to their client base.
Like the above examples, the business owner doesn't have to spend money on advertising. They just have to let their clients know they offer mortgages.
This makes the program very, very profitable for the business owner because of the low (sometimes free) acquisition cost.
With our program, we give you everything you need to let your clients know you offer mortgages.
Each month, you'll receive a marketing plan that includes:
The mortgage industry is regulated and has its own set of federal and state laws.
For non-mortgage business owners, there are a lot of benefits to our program. Two of them are:
1) Zero prior mortgage experience is needed.
2) You do NOT have to become a mortgage expert.
We include the compliant disclosures and language for all of the marketing so you don't have to figure it out on your own or by trial and error.
Mortgage Systems USA offers non-mortgage business owners a complete, turnkey profit center in the $1.4 trillion mortgage industry.
We call it the Mortgage Facilitator and for many businesses – such as insurance brokers, divorce and probate attorneys, trust and estate planners, tax professionals, financial planners, real estate brokers and agents – this is the ideal cross-industry expansion.
If this looks interesting to you, click the button below to learn more.
Boost your income by offering mortgages to your clients. See real commission numbers and decide it's right for you.
Profit is the lifeblood of any business. Learn how to generate bigger profits and wider profit margins with less risk.
Boost sales by offering clients what they’re already planning to buy. Easy sales with new revenue streams.
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478.357.3564
hello@mortgagesystemsusa.com
This is not legal or tax advice. Consult your attorney about legal matters. Consult your tax professional about tax deductions. Consult state licensing authorities about licensing matters. Earnings and income statements are estimates based on our experience. There is no guarantee you will achieve similar results. Any earnings or financial benefits can vary based on your individual circumstances, skills, and the specific actions you take. You should always conduct your own due diligence before making any financial decision.
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