Archive - Sales Funnel RSS Feed

Building a Profitable Online Sales Funnel

Sales Funnel8 Building a Profitable Online Sales Funnel
As an internet marketer, the sales funnel usually begins when a prospect opts-in to your capture page. Your capture page, in essence, is a simple website that a marketer can use to “capture” the contact information of the person who is viewing that website. This capture page is critical to the development of the sales funnel, because without it, you will never be able to build a list of potential customers. Prospects will just visit your site and then leave. This is not what we want. Whenever someone visits our site, what we want is for them not to leave until they give their contact information, thus in effect agreeing to receive future correspondence from us via an email autoresponder.

Now, whether you use pay-per-click advertising, video marketing, ezine articles, or any of the other lead creating techniques, your sales funnel begins when someone gives you their name and contact information. But remember, before you even get to the front end of the sales funnel, you need to master the skill of attracting prospects to your website. This is one of the first critical skills that an internet marketer must learn – how to generate traffic to his/her capture page.

Once you bring a prospect into the sales funnel, it is your job to keep them engaged and interested in what you have to offer. If your correspondence with them via email autoresponder is weak and lacking substance, then you will probably lose them as a future customer. The goal at the beginning of the sales funnel is to prove that you can add value. If you can get your prospects to know, like and trust you, then there is a good chance they will do business with you in the future. My advice is to not try and make money off your prospects at the front end of the sales funnel. This is just my opinion. Many marketers do try to sell some small informational product on the front end, but I don’t like to do this. At the beginning of the funnel, my only goal is to add value, and at the same time both qualify and disqualify leads.

With regards to your email autoresponder, I believe you should have frequent follow-up correspondence with your list. Oftentimes, your emails will prove too many for some prospects and they will simply opt out of your list. This is perfectly fine. In fact, we want some people to opt out. That may sound strange, but if someone gets tired reading your emails, then they probably won’t have the patience to succeed in your online business. That makes sense, doesn’t it?! Weeding out the field is a smart idea. We don’t want everyone, we only want the prospects who want what WE have to offer.

Once you begin to establish a relationship with your prospects, you can start marketing to them. This takes place near the middle of the funnel. Maybe you offer a low ticket internet marketing boot camp first, and then later on offer up your high ticket opportunity. Similarly, depending on what you want to do, you can also offer products at the back-end of the funnel, both for those who elect to join your primary opportunity and those who don’t. I’ll expound upon this idea in one of my next postings. For now, just remember how the sales funnel should function.

1. Sales funnel begins when a prospect opts-in to your capture page.
2. It continues with you adding value via email autoresponder. Send your prospects useful information about online business and succeeding as an internet marketer. I recommend refraining from upfront sales pitches.
3. Once you develop a relationship whereby your prospects start to know, like and trust you, you can then start marketing your lower ticket products.
4. Then move towards marketing your primary opportunity.
5. At the back end, offer products which can both be used by the prospects who join your primary opportunity and those who don’t.

I look forward to continuing this discussion on the sales funnel soon.

Cynthia ~Social Cowgirl
www.SocialCowgirl.com

Email Marketing Tools

Marketing Tools12 Email Marketing Tools
Email marketing tools are web-based marketing tools used to promote business through emails. There are various tools used in e-marketing that help to improve the performance of your email-marketing program. Common email marketing tools include newsletters and e-guides. These tools allow you to run permission-based e-mail marketing campaigns effectively and affordably.

Eudora is a standalone email program that works with any ISP. SpamCheck is another tool that runs your email piece through its software. After the process is completed, it delivers a ‘spam score’ and recommendations that tell you how to decrease the odds of your email being filtered.

There are certain benefits in using email marketing tools. Higher profit margins over traditional marketing techniques can be obtained when sellers offer something for nothing to the customers. This can be achieved by providing free information via newsletters. Another email marketing technique is giving customers special offers such as discounts. This helps increase customer responses, which means more business and more profit. E-guides are effective tools that detail comprehensive information to the customer via e-mail.

Presently, email newsletters are the most powerful and cost effective business marketing tools available on the market. The content must be so well thought out so that it makes people read it over and over. The language must be simple, pleasant and at the same compelling. A good newsletter should sound personal. It also has a social aspect, as users often forward them to colleagues and friends. A well planned and wisely created newsletter can work wonders.

Cynthia ~Social Cowgirl
www.SocialCowgirl.com

Online Profit Creation – How to Create a Sales Funnel

Sales Funnel14 Online Profit Creation   How to Create a Sales Funnel
So how should your sales funnel be structured?

Of course the idea of a sales funnel is to introduce progressively more advanced and more expensive products as your subscribers purchase each progressively more advanced product.

A sample sales funnel might be structured like this:

1) A free product

2) A $10 – $17 product.

3) A $27 – $47 product

4) A $67 – $97 product

5) A $297 – $497 product

6) A $997 product

7) A $2995 product

8) A $5000+ product

Notice how as the subscriber becomes more comfortable with your products, using them and receiving value from your products, they will be willing to spend more and more money? Now, the nature of the sales funnel is that fewer and fewer people will buy each successively more expensive product over time.

Now, you might ask, why not just sell the person that is willing to spend $5000 the $5000 product right up front? The answer is simple: they won’t spend that with you until they trust you. And they grow in trust as they buy more expensive and valuable products from you.

You can also vary this sales funnel by creating additional products at price points that are in between the suggested price points. Or you can change the price points all together – just keep the concept of a sales funnel alive and well.

You can also have multiple products at each point in the sales funnel. You might have four $10 products, and three $47 products, for example.

The bottom line is, you want to use your sales funnel to create additional value to you and to the subscribers on your list, by offering more advanced products at higher prices.

Cynthia ~Social Cowgirl
www.SocialCowgirl.com

Page 1 of 712345»...Last »