Ferengi Rules Of Acquisition #3 | Take Advantage Of It

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• Ferengi Rules Of Acquisition

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• Welcome!!

• Ferengi Rules Of Acquisition

WHAT ARE FERENGIS AND FERENGI RULES OF ACQUISITION
The extraterrestrial Ferengi race came into being
with the fourth episode of Star Trek. Originating
from Ferenginar, their capital was the city of
commerce.
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Ferengi Rules Of Acquisition
WHAT ARE FERENGIS AND FERENGI RULES OF ACQUISITION
This particular Star Trek Universe race had only
one goal making maximum profits. Ferengi Rules
of Acquisition were their fundamental principles
of business. They were the base behind every
business transaction carried out by a Ferengi.
The entirely fictional race has taught us the
Ferengi way of making profits.
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APPLYING RULE 3 OF FERENGI RULES OF ACQUISITION
TO AN ACTUAL BUSINESS
The Ferengi way has helped businesspeople of
human and Ferengi cultures alike. The third rule
suggests not to spend more than required. But
running a business involves many expenses. The
one common goal of humans and Ferengis is the
ROI. An ideal ROI or return on investment is a
businessmans top need. Lets consider the
marketing budget. How much does business on
average spend yearly on marketing? The budget
allocated to marketing varies according to the
market and nature of the good or service. Your
company may be spending tons on marketing. Not
all of it may fall in the enough spent circle.
You may be breaking the third rule and spending
more than needed. The solution to fix this is
Inbound Marketing.
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RULE 74 OF FERENGI RULES OF ACQUISITION
KNOWLEDGE EQUALS PROFIT Knowing whats best for
your business is the Ferengi way to profit. It is
what helps you abide by rule 3. Inbound Marketing
has been the cheaper solution for all sizes of
North-American companies. Another wise Ferengi
rule of acquisition states "Only fools pay
retail." -141. To know more about Inbound, join
us at Sociallyin Learn how to avoid spending more
on an acquisition at our free webinar today!

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