Web Design Information |
How To Boost Your Sales Dramatically Using Dynamic Back-end Strategies
Getting a customer is not easy. Getting a visitor to decide that he or she wants to buy the product or service you're offering, getting out their credit card and giving you their hard-earned money is not a piece of cake. Most visitor's to your Internet site, 97 - 99% of them if you're lucky, will not buy your product. They turn away from your site, your offer...and they will probably never return. In other words - if you work hard, if you use the right techniques and if you're talented maybe you'll get 1 - 3 % of the people who visit your site to buy. But it's not easy. First you need to make sure you actually get enough visitors to your site. And if you use paid advertising, like pay-per-click search engines - this will cost you money. If you plan on getting visitors for free, this will take you time. You need to make sure that your visitor is persuaded to buy. And if he or she won't buy the very first time they visit your site, you need to get them to come back again later. Getting a customer - a "first-time" customer - takes a bit of effort. But the efforts are worth it. Because once you have that customer, he will be a valuable asset.. Your customer will become your main income source. Why? Because your already existing customers are much more likely to buy from you again and again. By calling this "customer life-time value", you're putting a name to it. And a value. How much will your average customer buy from you over the next 10-15 years? Customer lifetime value. The online businesses that make the most money are the ones that know how to use their existing customer base to maximize profits. I guess the old saying that you need to take care of your customer, is particularly true on the Internet. I'll give you an example. A guy called John runs a site where he sells a product for $ 100. He gets a small amount of visitors - 100 visitors a day; that's 3000 visitors a month. He manages to sell to 1% of his visitors, which means he sells for $ 3,000 a month. He gets 30 new customers a month. After a year he's earned $ 36,000 from his 360 customers. His friend Neal runs a site, too. He gets 100 visitors a day and sells a product that costs $ 100 and manages to sell to 1% of his customers. 30 new customers a month; 360 customers a year. What a coincidence, right? Anyway, Neal has got a really nice product. A product people love. He also offers great customer service. Neal's customers like him very much. They wouldn't mind buying from him again. After his first 12 months online, Neal sends all his 360 customers an email offering a second product. A so-called back-end product. This doesn't take him long. After all, it's just ONE email. The second product is a little more expensive, it costs $ 300, but it is a product that his customers really need. A product they want. (He knows this because he asked them in a survey what product they would be interested in; what products they really needed.) Since Neal is a great guy offering great products and excellent customer service, as many 30 % of his customers buy the second product. That's 108 people. Now here's the interesting bit. The second product costs $ 300, which means that Neal has an additional yearly income of $ 32,400! Look at the figures! Neal has doubled his yearly income just by selling a second product to 30 % of his customers. He hasn't had to go to great lengths to get new customers, but he's using his existing customers to double his profits! John makes $ 30,000 a year, Neal makes $ 62,400. And the one and only difference is that Neal sends out one extra email! Neal still only gets 100 visitors a day. He still only gets 1% of them to buy his first product, but he offers them all a second, back-end product. He maximizes the profit potential of his customer base. Strategies like "back-end offers" and concepts like "lifetime value" shifts the focus from the short sighted "take the money and run" strategy that is so much in use on the internet today. You've seen these sites all over. They only focus on getting a massive amount of traffic and then selling visitors an overpriced product that doesn't deliver what is promised. Customers feel fooled. Why would they ever want to buy from this salesman again? The more successful sites focus on building a strong relationship with their customers. And your main goal shouldn't be to make sure your customers are satisfied...you want them to be extremely satisfied. If you deliver the goods, your customers will trust you more. And if you have their trust, you can sell them anything. Here are a just few pointers of how you can establish a great relationship with your customers: 1. Delivering a great product Give your customers exactly what they want. And then some more. One of the best ways to get people to buy from you again and again is to only sell high quality products. If you ever consider selling a crap, overpriced product, ask yourself why you'd want to loose all that future income from your customers. 2. Responding quickly When you run an online business, you'll get a lot of email. People will ask you about all kinds of things, and they will expect answers immediately. Set up autoresponders to make sure they get a pre-written email the minute they send you one. Tell them that you've gotten their email and that you will read it within the next 24 hours. And make sure you do. When you've read it, always reply to them, even if you can't answer their questions. 3. Taking care of customers after purchase Too many online businesses forget about their customers once they've bought the product. And if they take the time to write to them again, it's only because they're trying to push another product. Don't get me wrong, you want to push that second product, but consider at least pretending that you care about how your customer is doing. Sending an email doesn't cost a penny. Why not send more emails where you're not trying to sell them anything. In the long run, this strategy will make you sell more! Ask how they're getting on with their product, give them tips, give them a free gift, congratulate them on their birthday etc. Care more, and you'll sell more. The bottom line? Think long-term. Realize that your existing customers will buy from you again and again if you just let them. Let them. About The Author Steve Atlas writes regularly for the Internet Marketing Dictionary - http://www.internet-marketing-dictionary.com
MORE RESOURCES: Unable to open RSS Feed $XMLfilename with error HTTP ERROR: 404, exiting |
RELATED ARTICLES
Meta Tags - An Introduction A long, long time ago? In a galaxy far, far away?meta tags were the key component to search engine rankings. Okay, it was about 2 years ago, but that's a long time in the Internet galaxy. Leave Those Links Blue! Don't mess with those links! When you're designing your site, you should leave your text links in their natural state--blue and underlined. We all want to be creative and not do the bland, expected, normal thing. How to Prepare Your Project Before You Order Website Design Are you serious about get this website done fast and clear and want to make money with your website? Then you will absolutely need some good web design agency to build the website of your dream and that it the aim, right?Web design studios may be local and virtual. Local studio may be your choice if you live in a big city and you know at least couple of web designers across the road. You Need RSS, Atom, and ROR/RDF Codes on Your Website--Now You Need Google Sitemap as Well! Do you have a website? If so, you need an ROR XMLNS code button which leads to a full ROR/RDF code page for your website. This code tells search engines all about the special details you input into the code about your website. Immutable Laws Of Effective Navigation - Part 1 The first immutable law of effective navigation: It's gotta be readily available.Visitors should not have to hunt for your navigation or wonder where to find it. Website Checklist 10 Basic Things Your Website Should Have .. Successful Websites Don't Set Out To Sell What are websites? Are they sales tools for vendors and service providers, or are they electronic guidance for potential customers? Put simply, are you selling or are you helping?Your answer to this question may determine the success of your website. So think carefully?How we define what a website is all depends on which side of the fence we're on. Put Up A Website And Start Promoting In About An Hour I can't figure out people who have products or information to sell who do not have a website. With some people, it's fear of technology; others just haven't realized that we've entered the electronic age. Do Your Website Yourself - 4 Simple Steps to Get Your Dreams on the Web Many people hire professional web site designers for as much as a thousand plus USD! You can, and very easily, make a web site for almost one hundredth of that price, and probably in half the time. Here are 4 easy steps to get you started. Website Woes: Top Five Offenders I see a lot of mistakes, but here are the top five offenders you need to correct to give your site a boost. Bad Title. Love at First Site: Giving Your Website Visitors the right Impression Think of the people who visit your site as blind dates. When youopen the door, your blind date usually knows whether they areattracted to you within the first minute. Copy Editing: 10 Powerful, Mind Blowing Secrets For Writing A High-Impact Ad No matter what product or service you're promoting,unless you are able to write and use a highlypersuasive Ad, you may not generate a lot of trafficsand sales.Writing a high impact Ad that will deliver truckloads of sales requires some skill and practice. Web Design Advice And Information Most of us at times need advice on different aspects of life and the thought of obtaining a website can be quite a daunting task for many people. There are so many people offering cheap web design services, therefore how do you know who to choose and what to look for. How to Force Your Visitors to Order Immediately! This may comes as a surprise to you but, if you're using popups on your website (which you should), then chances are you're using them all wrong. Almost everybody is. Web Design: Should You Hire Someone or Do It Yourself? So you need a website. You are not sure if you should hire someone or learn HTML and do it yourself. Great E-Cover Creation in 5 Steps There are several graphic software packages available to help you create your own e-covers for your product or service. Most provide you with a set of templates to choose from, and have varying degrees to allow you to modify the templates provided. Learn the Truth about Your Web Design Company by Its Portfolio When you start building your online business and search for a web design company that will implement all your needs for the web site you must understand that it is a very serious step because you are entrusting your business along with its reputation and future.That's why it's very important to make the right choice. Developing An Effective Physical Therapy Web Site Physical therapists have unique web presence needs. An effective site must:* Introduce the practitioner, and outline his or her style of treatment;* Provide straightforward content establishing the practitioner's credibility;* Review services and common procedures performed by the practitioner;* Inform the prospective client of the features and value of selecting the practitioner as a service provider;* Offer immediate contact options, including a web e-mail form;* Display office locations complete with photos, address, and driving directions. TEN Answers That Turn Your Visitors Into Your Customers You know.. An Ideal Home Business Home Page From my personal experience of around two year as home business website operator as well as owner, I have spent enough time learning and unlearning. Observing other sites and constantly reading and contributing in online forums about managing a website. |
home | site map | contact us |