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Saturday 19 September 2015

7 WOWS To Rocket Your Profit



First of all you need to re-evaluate your plan of action which you had directed towards a successful conclusion of your goals.
Then knowing what the public wants you need to encourage multiple sales by including more carefully chosen products to satisfy that demand.
Although it is possible to operate your internet business without a website, there comes a time in the interests of developing your business to set up your own blog.
Your blog is the destination for any interested visitors to become potential customers. So you need to increase the traffic to your blog to increase your volume of sales.
When you set up your blog, develop your opt-in list and you will have a ready made targeted audience eager for your offers.
Perceived value in your offers will increase the number of sales you can receive.
But the best flow of recurring income is from membership sites when the customer is rebilled for as long as they remain active.
So here is how you can do it.
1. Plan of Action. Underlying every successful business is a plan of action. Without a plan how do you know where to start? How do you know what to do first? A plan is essentially a blueprint in directing your progress towards the outcome you want to achieve.
It can detail the order of each step you need to take towards an ongoing profitable business.
When you know the direction you are aiming for and the steps to take towards that result the overall picture becomes clearer and is likely to be much easier to achieve.
But when did you last check your plan?
Whatever plan you have becomes static without action. So where is it you are now and what is it that you want?
Taking stock of where you are now with where you want to be allows you to see the progress you have made since day one.
What are you pleased with and what has been a disappointment?
What is it that you would repeat or not from these experiences?
What new goals do you have? Write them down.
By comparing notes of where your business was then and where it is now, you will have a better understanding of the changes you may have to make and the steps you need to take to propel your business forward and achieve the goals that you have set.
2. Multiple Sales. You're probably already selling your chosen product to your target market so that you can promote a product that people want.
By finding out what people are searching for, you know the product you have chosen to direct to that target audience will sell.
By adding well chosen related products you can increase the offers you make and therefore expect an increase in the number of sales that you achieve.
Offer upsells also to your buying customer by adding a related bonus as a one time offer or at a special discount if purchased with the original.
This obviously increases the value for the customer and increases your profits from the original sale.
3. Your Blog. Although it is possible to operate your internet business without a website there comes a time in the interests of developing your business to set up your own blog. This allows you to have more control in contacting and connecting with your customers. You may already have a lucrative income if you are promoting products using your affiliate link to your supplier and in some instances your supplier will pay you a commission on your customers future sales, but you are reliant on that relationship. You should be arranging a means of continuing to keep in touch with your buyers by email, which encourages the likelihood of future sales. Visitors to your blog may not purchase an offered product initially but by encouraging them to provide their email address you can attract them with facts, hints and tips on the information they are looking for.
4. Increase Your Traffic. Write an article about your product. Bring up a problem that you or your readers may have been experiencing and let them know (from your research or personal experience) that you have found a solution. That's what your readers want to know Share the benefits of that product and offer them a link to your blog if they want to know more about it or to enjoy the benefits themselves. Submit your article to article directories and post on related forums and other social media eg. Facebook and Twitter of the help that is available. Join in with helpful comments and advice. This helps you to become known as an authority on the subject and will attract visitors to your site.
5. Opt-In List. You will have heard the saying "the money is in the list".
One of the main essentials in increasing your business profits is in "capturing" the visitor to your blog. Whether that visitor is a buying customer at that point or not, you want to keep in touch.
By contacting that email subscriber, you can send free information, or a personal message of how you overcame a problem that you know your target members will be interested in and offer them a solution, with a link to a product you know will help.
You are building a friendly relationship with your subscribers that they will appreciate and trust your recommendations.
People who have bought from you before will be more likely to value your advice and be interested in your future offers.
6. Perceived Value. If you are selling your own products you may wonder what the best offer price would be to attract sales. Research has shown that a product price ending in 7 or 9 has a better sales ratio.
For example a product offered at $49 seems much better value than $50. Also the same product offered at $45 does not necessarily do any better as the lesser price seems to indicate less value.
By trying out different price ranges you will soon find out which price attracts the best returns.
7. Recurring Income. The best way of developing a regular growing internet income is through a series of weekly or monthly paid newsletters or courses. These can be for a certain length of time such as 6 to 12 weeks or 1 year.
You can develop your own course in a subject that you are knowledgeable about and provide helpful advice and solutions to problems your subscribers would value.
There are also membership sites which you can promote and which cater for the information your subscribers in your particular niche would welcome.
As an affiliate you would earn commission every time the customer is re-billed for as long as they remain a member.
Valerie Haycroft Macleod is the author of "7 WOWS To Rocket Your Profits" Don't miss out If you would also like to know more about starting up your own home based business, or to add another money generating idea to your existing business.By joining my group of internet entrepreneurs you will also receive more hints, tips, freebies and up to date information to help with your business success. And for an unique in depth free report of an incredible profitable business model, visit my blog and claim it right now.

Article Source: http://EzineArticles.com/8578913