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Thank You Again for signing up for the 12 Days of Christmas 2011, go back NOW for more great gifts. There may be some you missed. The Giveaway is now over but the gifts may still available. Mark Hendricks has done an incredible job again with his Giveaway.
( 1. ) Our series on “Using PLR Products for Profit” continues … This week Part 24. ” Revise and Re Sell “
Let me start off by saying that you really should be retiring products after a set
amount of time and not offering them anymore. Why? Because after a while sales will slow down so much that your product is ….
( more below )
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( 2 )

( more below )
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( 3 ). “Understanding Outsourcing – Tips and Solutions“ ========================================
I hope you have realized YOU CAN’T DO IT ALL ! We continue our Series : “Understanding Outsourcing – Tips and Solutions “
This week – Part 12 –
” Is Outsourcing the Answer to Your Software Problems ?
( more below )
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( 1. ) Our series on “Using PLR Products for Profit” continues … This week Part 24. ” Revise and Re Sell “
Let me start off by saying that you really should be retiring products after a set
amount of time and not offering them anymore. Why? Because after a while sales will
slow down so much that your product is essentially dead anyway. There‘s no point in
keeping your products active on your website if nobody is still downloading them.
By retiring products you open yourself up to a new tactic: Revivals. After your product has been retired for a while, revise the product, update the look and then bring it back at a reduced price and promote the heck out of it!
Example: You have a book about getting website traffic by using
Facebook. It sold well a year or two ago and then you retired it.
Now we’re going to change it up. Hire a project outsourcer or just
spend one or two days and add update the information yourself. Add a
chapter or two; talk about new websites as they come out or get more
popular like Twitter and LinkedIn; just give the book a little refresh.
Now bring back the book on your website as the revised edition and
offer it at a slight discount (30% is probably good).
The point of this tactic is just to draw in new customers who might not have been around when you launched the original sale. These people might be extremely
interested in the book but have never even heard of it or didn‘t know you sold it. If
your discount is big enough you might even entice people who bought or thought
about buying the first version and are interested in the prospect of an updated version or a product at a better price.
This can be tied into your bonus and recombining tactics as well. A revised edition of
an older product makes a much better bonus than a regular one. And this is a great
way to get tons of new use of a product that may have sold well previously but may
not be selling as well now.
Next week Part 25 ” Lead a Double Life “
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( 2 )
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( 3 ). “Understanding Outsourcing – Tips and Solutions“ ========================================
I hope you have realized YOU CAN’T DO IT ALL ! We continue our Series : “Understanding Outsourcing – Tips and Solutions “
This week – Part 12 –
” Is Outsourcing the Answer to Your Software Problems ?
Determining whether or not outsourcing is the answer to your software problems is not necessarily a difficult question but it is a question which involves careful consideration. There are a series of questions which should be asked to help determine whether or not outsourcing is a wise decision in a particular case. Examples of some of the questions which should be asked are:
- Are there in-house employees capable or resolving the software problem?
- Do current workloads allow in-house employees to work on this problem?
- How expensive will it be to outsource the task?
- What are the benefits of outsourcing the problem?
This article will take a look at each of these questions and provide insight into how these questions can be used to help make this important decision.
The Capabilities of In-house Employees
Some software problems require highly specialized training to resolve the issues. It is often the case that a company’s in-house employees do not have the capabilities of resolving these software issues. When this occurs outsourcing the problem to a specialist is the obvious choice. However, in situations where the in-house employees are qualified to resolve the problem, the issue of whether or not to outsource becomes more complicated.
Those tasked with making the decision often weight the options by considering the cost of outsourcing versus the speed at which the problem would be resolved in both cases. If there is an expert readily available to tackle the problem it will likely be resolved relatively quickly. However, if in-house employees are currently overburdened, they may not be able to make this problem a priority.
The Workload of In-house Employees
The workload of in-house employees often comes into question when considering whether or not to outsource a specific software related task or tasks. In the previous section we discussed the importance of outsourcing when the in-house employees are not qualified for certain tasks. However, this is not always the case. Often in-house employees are fully capable of completing a task but they are unable to do so because of their current workload. In a situation when all of the in-house employees are unavailable to take on additional tasks, outsourcing again becomes a viable option.
Will Outsourcing Save Money
One of the main factors company’s consider when they contemplate outsourcing is whether or not they will save money by outsourcing. Hiring an expert on a contract basis can certainly be expensive but it is often a worthwhile investment especially for highly specialized work. The cost of outsourcing is usually higher in terms of the hourly rate of the employee but overall the costs may be reduced. When considering work performed by in-house employees it is important to realize the cost of the work includes the employee’s hourly rate, the cost of benefits such as social security, Medicare and workers’ compensation and resources such as office space, hardware, office supplies and other incidentals. After factoring in all of these costs it becomes clear that outsourcing isn’t always the more expensive option.
Another factor to consider when calculating the costs of outsourcing a software problem is how quickly the problem can be resolved by outsourcing as opposed to handling the problem in-house. This will depend on the capabilities and availability of the in-house staff. If there is not a capable staff member available it may take significantly longer to handle the problem in-house.
The Benefits of Outsourcing
Finally, the benefits of outsourcing should be considered in deciding whether or not to outsource particular tasks. We have already touched upon some of the benefits of outsourcing but for the sake of completeness we will include a list of some of the most significant benefits below:
- * Decreased labor costs
- Access to industry experts
- Flexibility in scheduling
- Increased manpower
With so many benefits it is clear that outsourcing can be a viable solution to many software problems. The bottom line in determining whether or not to outsource a particular software problem often involves comparing the benefits of outsourcing to the costs of outsourcing.
Next week Part 13 – “Raising the Bar through Outsourcing”
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See you next Tuesday !!
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