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With over 25 years of frontline experience Tom Shay is America's leading small business management expert. He's a "Must Have" for your next event.

e-ret@iler from Profits Plus and Tom Shay
ideas to sell more merchandise and services
March 2006 - Our 76th consecutive issue

The March e-ret@iler contains:

1. The article of the month: This little piggy goes to market
2. e-ret@iler advisory of the month: We forget mistakes
3. Web tip of the month: Individual Item Markup
4. Our Power Promoting idea of the month: Maximizing postage
5. Book of the month: The Fred Factor
6. Your e-ret@iler subscription, contacting Profits Plus and Tom Shay

O => Print the March issue of the
e-ret@iler so you can read it at your leisure.

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1. The article of the month: This little piggy
goes to market

This past week I spoke in Denver on this very
topic - how we can do a better job of spending
the time we have in preparing for, during and
after a trade show. If you want your next show
to be an overwhelming success for you and your
business, read this article.

This little piggy goes to market

O <= After printing the March e-ret@iler, check
here if you plan to read the article of the month.

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2. e-ret@iler advisory of the month: We forget
mistakes

It was late last year as we were examining the
book, "The Stuff Americans are made of". I
mentioned that while the title implies that it
applies only to people that live in the
United States, I haven't found that to be true.
This month we look at the fifth trait.

We forget mistakes. Let's start by having all
of us admit that we make mistakes in our
business. Some make mistakes by doing things
wrong, and many make mistakes by never doing
anything.

The lesson we learn from the fifth point in
the book is demonstrated by the number of
businesses that have already learned the
lesson. How many companies have made serious
mistakes and have managed to come back?

It is also an invitation for you to experiment.
And if you make a mistake, learn from it and
move onto the next aspect of your business.
Take a look at this book. It can teach us
several lessons.

O <= After printing the March e-ret@iler,
if you plan to review this material for your
business.

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3. Web tip of the month: Individual Item
margin

This is where you gain a clear understanding
of how to calculate the margin of an item.
Look at this calculator on our website and
learn that the cost of an item is properly
stated as a percentage of selling price -
not the other way around.

Individual Item Margin

O <= After printing the March e-ret@iler,
check here if you plan to look at the financial
ratios calculator.

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4. Our Power Promoting idea of the month:
Maximizing postage

Here in the US, we just had another postage
rate increase. So when you are sending out
your monthly statements, what is in the
envelope? The first class postage entitles
you to one ounce of material. So why not
create your own statement stuffers or utilize
those from one of your vendors?

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5. Book of the month: The Fred Factor by Mark
Sanborn

This is one great book. It is a quick, easy
read - you will be done in about one hour.
And there is one great lesson in this book.
Run, do not walk, to get a copy of this book.
And after you read it, date and sign it. Then
hand it to one of your employees and ask them
to read it.

If you have already read this book, or are looking
for more books to read, follow this link to the list
of suggested readings on the book referral page
of the Profits Plus website.

Book Referral List

O <= After printing the March e-ret@iler,
check here if you plan to read the book of the
month.

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7. Your e-ret@iler subscription and contacting
Profits Plus and Tom Shay.

Contacting us is just as easy:
The phone is 727-4823-7205
The fax is 727-898-3179
The mailing address is:
PO Box 128
Dardanelle, AR 72834 USA

Again, my reminder. Make a point to do
business with another independent. When
you do, you will likely meet a person
that will become a friend and runs a
neat business - just like yours.

Get your Profits Plus. May God bless you
and yours. We will see you in April.

Tom Shay

 

PROFITS PLUS, FOUNDER OF...

 

©1998-2026 Profits Plus Solutions, Inc.
Tom Shay
PO Box 128
Dardanelle, AR 72834

(727)823-7205

MARCH 2026
Have the Small Business Advisories and News sent to your inbox. Subscribe HERE

Small Business

AdvisoriES


Every time I see the logo for Target stores, I think about small businesses and the need to know which people to target as their customers. Of course, of most importance is the person who has spent any money with your business.

 

I ask businesses if they know how much the average person spends with their business. Most offer a quick response with a dollar amount. That answer is incorrect as they are telling me what the average existing customer is spending. The average person in any community spends no money with that small business.

 

Looking for new customers without any plan of how to do so is just spending money. That is why every small business needs to know how to find and use information. Find ideas in the March Small Business Advisory.

Small Business

NewS

Top Story

Employee retention; is it important? Or is it easier to lose an employee and wait for the next applicant to walk in the door? The Small Business News for March shares some statistics of the expense you incur when you make the change instead of working to retain a current employee.

Article of the Month

It is baseball season and we use the sport as an explanation of the cost of growing your business. In Boston's Fenway Park, left field has a wall that is know as the green monster.

 

And that is what growing your business is - a monster! You can't successfully grow your business without a plan and knowing you will have the cash on hand to pay for the growth.


Book of the Month

Are you selling something or persuading the customer? With your employees are you repeatedly telling that employee or are you persuading them to excel?

 

Influence: The Psychology of Persuasion by Robert Ciaidini is our suggested book for March 2026. Most definitely an appropriate read.

All this plus the Internet Tool for Your Business and a staff incentive idea for your business.

BOOK US

With over 25 years of frontline experience Tom Shay is America's leading Small Business Management Expert. He's a "Must Have" for your next event.

Small Business

Advisories

Every time I see the logo for Target stores, I think about small businesses and the need to know which people to target as their customers. Of course, of most importance is the person who has spent any money with your business.

 

I ask businesses if they know how much the average person spends with their business. Most offer a quick response with a dollar amount. That answer is incorrect as they are telling me what the average existing customer is spending. The average person in any community spends no money with that small business.

 

Looking for new customers without any plan of how to do so is just spending money. That is why every small business needs to know how to find and use information. Find ideas in the March Small Business Advisory.

Small Business

News

 

Top Story

Employee retention; is it important? Or is it easier to lose an employee and wait for the next applicant to walk in the door? The Small Business News for March shares some statistics of the expense you incur when you make the change instead of working to retain a current employee.


Article of the Month

It is baseball season and we use the sport as an explanation of the cost of growing your business. In Boston's Fenway Park, left field has a wall that is know as the green monster.

 

And that is what growing your business is - a monster! You can't successfully grow your business without a plan and knowing you will have the cash on hand to pay for the growth.


Book of the Month

Are you selling something or persuading the customer? With your employees are you repeatedly telling that employee or are you persuading them to excel?

 

Influence: The Psychology of Persuasion by Robert Ciaidini is our suggested book for March 2026. Most definitely an appropriate read.

 

All this plus the Internet Tool for Your Business and a staff incentive idea for your business.