You've spent
time
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customers are beginning to notice you. Any second now, you will make your first
sale! The concept is exciting! And frightening! Most new business owners have
few customers, and although their marketing efforts are beginning to pay off, it
is necessary to make the most of every customer, especially the ones that buy
something. The techniques I'm about to share with you are time tested and proven
to be effective, however, they are often overlooked by business owners. They are
basic ways to add additional profit to every transaction. Follow up. This little
gem has been used by merchants since the time of the pharaohs. When you make
your first sale, you MUST follow-up with the customer. Send them a "thank you"
email and include an advertisement for other products you sell.
Also
Antoine
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intervals; once every few weeks, or once a month. Add them to a mailing list.
You could even automate this with the use of an email autoresponder. Isn't
technology wonderful? Upsell! Think about it. If you went to a department store
to buy a transistor radio, you are also going to need batteries. You might even
need an earpiece. You can upsell to your internet customers the same way. When
they're at your order page, tell them about a few extra related products you
have for sale. Offer to add to add it to their original order as a convenience
to them. Referrals. You know your customer is going to love whatever you're
selling them. They're going to tell their friends about it. Tell your customer
if they refer four customers to your web site, they will receive a full rebate
of their purchase price. You get the customers money up front and they will send
you four more customers. This will effectively multiply your original profit by
a factor of three! Affiliate Programs. Related to the technique above, but with
subtle differences. When you sell a product, 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 and provide you with a residual source
of new customers. Sell the reprintreproduction rights to your products. This is
VERY profitable when selling Information products, but could work in other areas
as well. Include your ad inside the product for other products you sell. You
could make sales for the reproduction rights AND sales on the products
advertised inside. This is sometimes referred to as "viral Marketing"; because
the person to whom you sold the reprint rights will distribute their product
widely with your offers inside. Joint Ventures. This is the old "two heads are
better than one" scenario modified for internet profit! Cross promote your
product with other businesses' products in a package deal. You can include ad
copy for other products you sell and have other businesses selling for you.
Coupons. Here's another classic easily adapted to online sales. When you ship
out or deliver your
product
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products you sell in the package. You are rewarding your customer for the
business and it will dramatically increase the odds that they will buy more
products from you. Send a catalog. If you think the internet has replaced the
paper catalogs of old, then think again! Catalog marketing is very effective,
even today. Send your customers a catalog of add-on products for the original
product they purchased. This could be upgrades, special services, attachments,
etc. If they enjoy your product they will buy the extra add-ons. Gift
Certificates. It's getting more and more difficult to give gifts these days.
Solution? Gift certificates! When you sell a gift certificate, you've solved a
problem for your customer, plus you'll make sales from the purchase of the gift
certificate. When the recipient cashes it
in
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LOVE freebies! Send your customers free gifts with their product package. The
freebies should have your ad printed on them. For businesses selling physical
goods, It could be bumper stickers, ball caps, t-shirts etc. This will allow
other people to see your ad and order. If your product is electronic or digital,
it's even easier, because the giveaway will usually cost you less. There are
countless other ways to maximize your sales. The purpose of this article is
merely to open your eyes to the fact that the quality of the relationship you
build with your customer is what increases your profit. The underlying idea is
to build trust. If your customer considers you a valuable and trusted resource,
you will be rewarded with more profits! Author's Resource Box Recently, I knew
NOTHING about Internet marketing...
However
A.J. Klein
Jersey , within just 2 weeks, I launched my own website AND learned how to
profit from an opt-in list, pull in sales with ezines and setup my own BLOG!
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