Earning More Money From Your Business
1. Once a product has been purchased, make sure to do a follow up with the buyer. Compose an e-mail to the buyer and thank them for the purchase, then include an ad for other items that you are selling. You could follow-up with them regularly. The main objective of this approach is to build a relationship with the buyer, so constant correspondence is needed.
2. Don't forget about the one time offers. After they click the link to make the purchase, inform them of other items that your are selling that would work well with what they are buying now. They could just add it to their original order.
3. Tell your customers if they refer four customers to your web site, then you will give them a complete refund of there purchase price. This will turn one sale into three sales. Because most of your customers will only refer a couple of people you won't have to give away to many refunds.
4. After you make a sale of an item, give your customers the option of joining an affiliate program so they can make commissions selling your product. This will multiply the sale you just made.
5. Add an option for your customer to buy the resale rights to this product. Offer this as one of your upgrades to up sell the customer or include the ad in the download. This will boost new sales from the same customer by giving them this option.
6. If you have more than 1 product to sell group it together with other similar products at a discount. Build a fly in add for the special package that you can place on every page, for every product you sell.
7. If shipping a product to your customers, include a discount coupon for other like items that you may be selling. This will attract them to buy more products from you.
8. Create a catalog of other products you promote so you can send it to your current customers that have already purchased from you. Include in your catalog all items that you sell and include an upgrade to the product the customer has already purchased. If they liked the first product they will buy from you again.
9. Use gift cards or gift certificates for your website. You will receive extra money from the sale of the gift card. If the receiver of the gift certificate cashes this in, you also have the chance of selling more products from your site to the new customer.
10. Send your customers free products with their product package. The freebies should have your ad printed on them. You can have baseball caps made up that has your website printed on the front. This works great because people advertise your products or website like a walking billboard.
That should do it. The great thing about these powerful strategies is that you can implement them immediately. These are very simple steps and setting them up should be easy as well and the outcome of using these tips can make you a lot more money. It is extremely important to make your customer and/or prospect feel special and to provide them with additional value-added items that will keep them coming back.
About the Author:
0 comments:
Post a Comment