Always Add Value
Product Sales Tips October 31st, 2008
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Always add value. We’ve got a whole section that talks about adding value in a moment, through bonuses, different approaches, promo’s, and the like. But for now, remember when coming up with a price for your product, don’t let it be the only product. Strange sentence indeed, but look at it this way, what kind of things are going to allow you to increase your price and actually persuade people to buy your stuff at the same time?
The quality of your product and sales system are the obvious, but how about bonuses? What about testimonials from known and trusted people in your field? It’s not just material things either. What about your reputation and how others see you? So here’s a final tidbit of advice for you. If you feel that your product isn’t worth the four hundred dollars you’re charging then increase its value through these methods. If you still don’t feel it’s worth it, then at this point, you know that you’re charging too much for it.
Ok, I’ll be honest with you. If you want to succeed and get your price just right, without being ‘cheap’ you have to do a little work. A little research and a little brain work. It’s not all straight forward one two three. Understand that it’s not about being cheaper than anyone else, it’s about pricing your product correctly depending on competition, who you’re aiming your product at, its quality, and your research and tracking results.
By now you should have a clear idea how much you want to charge, and how you’re going to go about it. If you have, great. Just remember, the price you put up there on launch day doesn’t have to be set in stone by any means. It’s there to be tinkered and played with by you until you feel it’s correct, and your testing shows you that it’s correct. Have a little confidence in your stuff. Next time you create that amazing info product, membership site, or piece of software, try to avoid selling it at rock bottom prices, because I assure you, it’s not gaining you sales, it’s losing you them.

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Banning the Word Cheap
Product Sales Tips October 30th, 2008
Never tell anyone your product is cheap. Yuck. Nothing major to dwell on here, really, but never ever describe your products as cheap. Competitively priced - yes, the best price for that service - yes, cheap - no way. That just devalues your product full stop. More often than not, people don’t want cheap. They want quality at a good price, especially in online business.
Don’t be afraid to experiment with pricing strategies. I can understand how you might be worried that customers, who bought your product costing four hundred dollars, would be annoyed that they receive an e-mail for a special seasonal offer cutting that cost in half, but it seriously doesn’t work that way. You’re not offending anyone by doing this, and it’s the only way you’ll come up with new techniques and tactics yourself, through testing.
The fact is real world businesses do this all the time. They have super sales, then they put prices up at Christmas time and particular times of the year when their products are going to be more in demand, discount things daily, add and remove discounts and so on. It’s not a wrong thing to do. It’s not unethical. It’s business. And if your customers have ever left their houses to go and purchase something from a store, they’ll know this too.
So here’s the deal. If you need some extra cash, why not offer a limited number of members, a long subscription at a discount of a month or so throughout the year? I have to say this one works real well, and I had a large percentage of my member base from my previous site hand me large up front wads of cash that I could put to good use making more cash. If I’d left them at their twenty dollar per month fee, I might have made an extra few hundred dollars, but at a slower pace.
There’s nothing wrong with you adding discounts to the end of five or six day follow-up messages, so on and so forth. In fact, there’s nothing wrong with changing your price on your main page without any warning or notice. Don’t fall into the trap of worrying what previous customers are going to say, because seriously, this happens in the real world all the time. I know in all my experimental days I’ve never had someone come to me and shout or complain because I pulled a quarter off the price a day after they bought it. If you have a quality product, that’s good enough, not to mention you owe it to yourself to try different methods like in the above examples until you get things dead perfect.

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Trials & Lead Generation
Product Sales Tips October 29th, 2008
Avoid free trials unless you’re aiming for lead generation. The problem with free trials is that you’ll attract all sorts of freebie seekers, and just like I don’t want anyone here that doesn’t want to make a successful business of themselves, I’m sure you don’t want people wasting your time either, taking up valuable resources and just picking something up because it’s free.
As I learned with my big experiment site back in the day, it’s far better to charge a small amount for a short trial, say one to three dollars for the first week simply to sort those people out that are coming to you just because they can, and those that are coming to you because they’re serious.
I’ve got a great example for you here too. Now a good friend of mine set up a site when we were in our early days on the scene. He had a pretty good product backed up by a multi level affiliate system, or a matrix of sorts. Anyway, he started promoting and all was going well, until word started spreading around some of his affiliates about some guaranteed signups site that sold signups to anything free, for a fee.
Now unfortunately I’m sure you can see what’s coming. Not only did the affiliates go for this one, which wasn’t much help to them, because of course most of these untargeted people were just freebie seekers signing up because they were getting something in return from the guaranteed signups sites, and only a tiny percentage were actually going for his hosting package or the pay plan he had in place. What he ended up with was a system clogged full of people that had no idea what they were subscribing to, weren’t making him or themselves or the people that referred them any money, and had no interest in doing so. A real resource disaster case, that one, because it rendered the pay plan almost useless. Make sure you do this one right and offer a trial for a small fee if your product permits. You could be looking at a similar costly situation otherwise.

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Launching Today… GET MORE BUYERS Video Course…
Hot Products October 28th, 2008
Michael Rasmussen’s “Get More Buyers” Video Course: Stuff Your List Full Of Buyers And Start Seeing Five and Six Figures
I know right now if you do business online and are on many “guru” lists you are getting overrun with emails (the same ones mind you) telling you about Michael Rasmussen’s Get More Buyers program.
They are all trying to “beat” each other to commissions by giving the BIGGEST, BEST and most “monetarily expensive” BONUS gifts if you just buy from them.
Well I don’t have bonuses to give you and I have no chance of competing with these individuals as far as how many people I refer to this program.. but I do have ONE THING THEY DON’T..
I have actually WATCHED and READ the program and didn’t know the information before I started. Over the past few days since becoming a JV for this package I have been given a chance to see this package before it went live today.. and I have to tell you I’m going to be watching these videos over and over again and I’ve been taking notes in a big 3 ring binder because the information is that good.
I’ve not been amazed by a product in a very long time. Most of the products people are putting out are all rehashed information that they each keep helping one another promote and it’s getting really rather boring.
But not this one. It’s actual hard core information that will help you build your business without having to go through the head aches that many of us who’ve been struggling to make it online have gone through.
If I would have been able to focus my business at the level that I will now be focusing it at I’d be where these “gurus” are today. I wouldn’t be still trying to make the big money… I’d be able to show you proof of thousands of dollars per month online and my big houses and all that “show” that they are showing you…
But being who I am though, I’d never do that… I want people to be straight with me and I want to be straight with you as my readers and my network of online business owners.
I want you to check out this link, not because I have thousand’s of dollars in bonuses just waiting for you to buy from my link.. but because I have true belief in the information given out in this product!
If you choose to purchase this package through my link.. THANK YOU! If you choose to go straight to Michael’s home link, http://www.getmorebuyers.com then do it.
If you want to buy it from someone else’s link that you have in your email box then DO IT… just get the package I think you’ll love it as much as I do!!
Sincerely,
Tonya

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Times Are Changing - Business Needs To Adapt
Product Sales Tips October 28th, 2008
How about the latest purchase you made for your house, whether it was a whole work surface, a new garage door, a toaster, a dinner table, whatever it was. I bet if you think about it, you’ll see that times have changed. A long time ago, even before I was born, people wanted things that worked. They were just ok. But nowadays that’s not enough. It’s got to be the best, the fastest, the nicest, the easiest to use. There’s a real market for premium products emerging. Make sure you don’t place yours in the bargain bin if it’s meant as premium product, not a bargain basement product.
Rule 4: Increase Sales by Presenting Choices
Ok enough of that for now. I want to talk about something else that’s rarely done, especially in the world of online marketing and info products, and that’s offering different price plans from the word go. Sure people might change their price, put it up and down to experiment, put on offers and so on, but that’s not doing much if your original plan isn’t well thought out.
Even with the simplest of single sale info products such as this, you’re presented with options. The more, the better to be honest. Whether you’re a high ticket item offering smaller chunks to be paid at extended periods, or a low priced membership site that does the opposite, and offers a lump sum that gives access for three months, six months or even a year.
Remember, the sales process is all about answering the customer’s questions, and squashing their fears or any problems they may come up with in their minds for not buying your product. It’s no good you selling someone on something and then they find out they don’t have the payment option they want. Make sure you add multiples of these. It’s simple, if there’s anyone out there with a website that only offers one payment option, they’re losing sales. Don’t let this be you.
Rewards for Customers Equal More Cash in your Pocket
Rule five: and one of the most important. Never ever, no matter what you do, ignore the people that have purchased from you before. It’s not hard to come up with ways to reward them. Right now, I’m putting together an ID number system for myself that allows previous customers to come along and buy my stuff at a discounted rate.
These people are the most important of all. You’ve already got them on your lists, they’ve already bought your stuff, which means they’re willing to spend money, and of course they trust you, and they’re serious about wanting more information, or the products and services you offer. Remember this, because if you forget you’ll go broke. It’s as simple as that. You want to keep the customers that are buying from you happy, and you want to stay in touch with them. If you don’t go out of your way to please them, you’ll have to go out and spend wads more on finding new customers. Look after them, because they’ll be with you for a long time to come and will form the base of a successful business from the word go.

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