If you need money quickly or want a surefire way to increase your cashflow, it's time to throw a sale. Having a sale is especially easy to do if you've sell electronic information products (available as an online download), as your overhead costs are very low once these products are created. However, a sale also works if you have physical products that have to be shipped, especially if you want to get rid of older versions of a product (cassette versions, for example), or if you have slightly used products that have been returned (a scratch and dent sale).

There's one key rule to remember for your sale -- make sure your audience is

aware that the sale has a time limit on it. Many shopping cart programs permit

you to put an expiration date on price specials for products.

Here are 10 occasions for you to have a sale:

1. Special occasion sale. Your birthday, children's birthdays, wedding

anniversary, business anniversary, half birthday, etc. are all occasions in

which you can have a sale. I constantly receive sale promotions commemorating

the owner's birthday or business anniversary. You can even have a little fun

with this and create your own special celebratory occasion -- your cat had

kittens, your child walked for the first time, your daughter lost her first

tooth, you repainted your house.....you get the idea.

2. National holiday sale. Those of us in the US might plan for national

US holidays like Labor Day, Independence Day, Thanksgiving Day. All you need to

do is consult the calendar and determine the national holidays in your country.

One of my favorite sales I offered a few years ago was one on Independence Day

here in the US. I asked if my readers wanted coaching to help them declare their

independence to do such things as finally starting that business of their

dreams, change their career to something that gives them joy, creating a new

marketing plan for their business that will get results, or reinventing

themselves or their businesses. A great online resource to locate holidays

around the world is

EarthCalendar.net.

3. Special event day sale. Do you realize that there are special days to

celebrate almost every occasion? In the month of October alone there are

Billiard Awareness Month, National Breast Cancer Awareness Month, Celebrate Sun

Dried Tomatoes Month, National Cookie Month, to name just a few. The book,

Chase's Calendar of Events, is published annually with the current dates for

these special events. You can learn more about these days at

Chases.com. You can even

submit information to them for a day that you'd like create!

4. Seasonal sale. Back-to-school sales are very popular, as are

spring-cleaning sales, winter stock-up sales, and "get ready for summer" sales.

Of course, if you have an international audience, those readers on the opposite

end of the world from you may not be able to relate to getting ready for summer

when it's their winter season, so you might want to use these sparingly.

5. Brick-and-mortar sales strategy. Believe it or not, what works in the

brick and mortar retail world also works online. It's very common for retailers

to hold tent sales, inventory clearance sales, scratch and dent sales or

close-out sales, so you can model that type of sale in your online business. In

one of Tom Antion's workshops I attended a few years ago, he talked about having

an inventory clearance tent sale and had a graphic of a red-striped tent that

went out with his promotion. The great irony, he explained, is that he has no

inventory because the items he had on sale were all electronic downloads.

However, it was one of the most popular sales he had held, as the concept of a

tent sale is very familiar to the American consumer.

6. Across-the-board discount or coupon sale. Give your contact list 25%

off or 50% off of everything you sell, or create a coupon code or special link

for a sale on certain items. You can make this coupon or discount available

exclusively to your VIP list, whether that's your audience at a conference, your

email newsletter list, or your current client base. Everyone feels special if

they're on a VIP list!

7. Pre-release sale. Do you have a product that's almost ready to launch,

a subscription membership site that's about to go live, or a printed book that's

about to be issued? If so, give your list members the opportunity to buy it at a

special price before it's released to the public. Consumers want to be the first

to have the newest information, so give your list members first shot at your

newest information.

8. BOGO sale (buy one, get one free). What works for Payless Shoes can

work for you, as well. You can offer a buy one, get one free for one of your

products, and pitch it so that if one of your customers splits the costs with a

friend, they'll each get a full product for 50% off the regular price. Or, they

can give the additional copy to a client or colleague. Another way to create a

BOGO offer is for all of your same-priced products, i.e. if you buy one for

$29.99, you can get any other product priced at $29.99 or less, for free!

9. Payment plan sale. I see so many furniture store ads proclaiming,

"Interest-free financing! No payment until some date that's 2 years from now."

If you have higher priced products, you can do the same thing. Offer to let your

customers divide payments over 3, 4, or more payments. Sophisticated shopping

cart programs will permit you to set up recurring billing, so that your client's

credit/debit card is charged automatically on the same day each month for the

appropriate number of occurrences.

10. Tax-free or free shipping sale. If your state requires you to collect

sales tax on your products, offer to pay the sales tax for your customers. Each

August the State of Texas sets the first weekend of August as a "Tax-Free

Weekend" for clothing purchases in preparation for sending children back to

school. You can create a similar offering in your business, but you'll need to

check with your state tax office on the legalities of offering such a sale. Or,

you can offer free shipping if they buy before a deadline you've set, or if they

buy a certain dollar amount from you. Instead of standard shipping, you can also

offer to upgrade the shipping to express if they meet certain buying conditions.

Take a look at what types of sales make sense for you, get out your calendar,

and integrate them into your marketing plan. If you have a good sense of when

cashflow is tight, a planned sale should significantly boost your revenue.

Comments or questions? If so, please post them to the discussion forum.