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3
Plug-In Profit Enhancers for an Immediate Turbo
Boost in Internet
Profits
By
Terry Dean
Here are
three quick and easy ways to increase your web
site profits overnight. If you aren't currently
using all three methods, then you're leaving
money on the table.
Why
lose profits you could have earned so
easily?
Profit
Booster #1: Pop-Up Boxes
Visitors
claim to hate these pop-ups with a passion, yet
they've been proven in testing to work time and
time again for a majority of web sites. A pop-up
box is a second browser window (usually smaller
than the first) which pop-up so that they now
have two browser windows (one at your main page
and one showing the popup information you want
displayed).
The
main purpose that pop-ups have proven themselves
very effective in is in generating responders
for an ezine or for an email course delivered in
a follow-up manner. They have been shown in our
tests and the tests of others to sometimes
increase your respondents by 300% or more.
Obviously,
since tests prove that more people respond using
the pop-ups than are annoyed by them, then you
should be using one on your site.
The
code I currently use on my web sites is a pop-up
on exit code. This means that the pop-up appears
as people are leaving the web site. I want to
try to capture their email address if I wasn't
able to get them to order. I then use a small
code to add to my order form and other links on
my site so the pop-up ONLY appears as people are
leaving.
I
don't have time to help people personally with
installing the code, but you can see the basic
code I'm using explained on this
page:
http://www.bizpromo.com/exitcode.html
Profit
Booster #2: Up-Sell On Order Form
This method
can increase the immediate sales value of your
visitors, but it does rely on you using the
right type of order forms (speak with your tech
support people on this option if you have any
questions about it).
What this
up-sell entails is to offer an upgrade option on
the product you are selling. For example, yearly
newsletter subscriptions would often offer a one
year subscription for $149. Then, once you got
to the order form, they could offer a one year
subscription for $149, a two year subscription
for $247, and a three year subscription for
$297.
You've
convinced the prospect to order a $149 product,
now they have the option of saving $150 by
buying a three year subscription for $297. The
customer gets a good deal and saves money, and
you double your profits immediately.
With three
year options as above, the normal statistics
show customers would normally split between all
three options evenly. In the example above, this
would compute to an average purchase price of
$231. An average profit increase of $82 per
order would be an incredible profit increase for
zero additional expense and work. It equals more
immediate profits for the bottom
line.
For
other types of products, it has been proven you
can easily sell a 25% upgrade option on the
order form. For example, with an information
product, you could sell an audio tape set for
$97...and then on the order form give them the
option of adding a video and a consultation for
only $30 extra.
The
key is to make the upgrade such a good deal that
a majority of the customers will purchase the
upgrade option. Give them $300 of value for only
$30 extra. By doing this, you can often get a
50% to 80% buy rate on the upgraded version and
increase your profits immediately.
If
you want to see other examples of this process
in action, watch TV offers. They will offer you
one item for $19.95 or three items for only
$29.95. Then, when you call in and order, they
let you know about the extra special offer good
only today for $10 additional. Every step in the
entire process relies on upgrade offers. Direct
response TV advertising is so expensive that it
is essential that they have these upgrades to
stay in business.
You
could also simply use an "upgrade" option
checkbox on the order form so people can upgrade
their order if they like for the small
additional fee. Give them a short paragraph or
two highlighting the upgrade and then leave it
at that.
Profit
Booster #3: Immediate Backend Sales
This is very
similar to the up-sell, but it is used right
after their purchase. For a long time it has
been considered the normal way of doing business
to include an additional offer to ride along
with any orders you are currently
fulfilling.
If
someone orders a pair of jeans from you, then
you will include a sales letter for a new shirt
in the box with the order itself. This
additional backend offer won't cost you much to
include (since the postage is already taken care
of). All you have to do is pay to print out the
sales letters for all of your
customers.
What if you
are in a digital delivery only business? You
only sell digital products which don't need to
be delivered.
You
can follow the same technique with a few little
modifications. The moment someone orders the
product from you, give them an additional
product offer on the thank you page where they
download the product. Make this new offer only
good for 30 days after someone buys the digital
product itself.
Send them a
coupon by email for other products you offer
good only for 10 to 30 days. Contact them again
by email 3 days or so later and make sure they
were able to download the product and ask if
they have any questions.
On
the seventh day you could then give them an
additional downloadable bonus and tell them
about a special product you have which they
could save 20% since they are a very important
customer to you.
If
you don't have any other products to offer them,
then joint venture with another company to offer
their products as a backend to your list. You
can either offer them from an affiliate program
or contact a person who has a product you want
to sell to your list and see if you can get them
to offer a special deal to your customers only.
For
example, if you would like to make a 50/50 deal
with a company see if you can get a $20 discount
for customers if you accept only 40% of the
profits instead of 50%.
You
could also sign up with affiliate programs and
set up a monthly follow-up system on all of your
customers. You could put together a good free
report and then offer an affiliate program's
products to your list every month for a year
after they buy.
Terry Dean's
Brand New Fr-e eBook, "10 Quick and Easy Ways to
Increase Profits to ANY Web Site Overnight!"
Reveals More Time Tested Proven Internet
Marketing Secrets Than 99% of the Paid Products
Available...Showing You Step-By-Step How to
Increase Your Traffic, Drop Your Expenses, and
Drive Your Profits Through the Roof: http://www.bizpromo.com
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