Internet Marketing Secrets - Lost Pricing Secrets For Making Sales on Command!
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If you're experienced, then here's an advanced tip for you - it is not the price that matters, it's how well your product converts! That said, there are still some crucial pricing secrets that you need to know if you want to make the most sales possible.
Many marketers argue against selling your products at low prices because they think it constitutes a lot more work. And in some ways that is true. If you want to make $10,000 per month and you're doing it with a $10 product, well let's just say it's very hard to do! However, if you do it with a $10 product that has a $50 up-sell on the backend, then it is certainly very possible to make 5 figures per month.
With a low-price product, naturally you are going to convert better than something that sells at a 10 times higher price. But of course, you need lesser sales for the high-ticket product to reach your goals.
Pricing also depends on what you want to achieve. If you want to build a core customer list, then it is probably better to do it with a low-price product so you can get in as many people as possible who have a penchant for spending online. Then you can up-sell to them your more expensive and advanced products. In this way, you get the advantages of both selling a low-price item and a high-ticket item on the back-end that will fatten up your revenue.
So as you can see, pricing is not simple as it is. Just so you know, I'm a big fan of the low-ticket front-end, high-ticket back-end sales funnel. That allows you to build a big customer list and make high-priced sales as well.
Click Here to download your FREE report called "Instant Money Secrets: How You Can Make $500-$1,000 Per Day Online Using A Simple Secret 3-Step System!" Instant Money Secrets
Many marketers argue against selling your products at low prices because they think it constitutes a lot more work. And in some ways that is true. If you want to make $10,000 per month and you're doing it with a $10 product, well let's just say it's very hard to do! However, if you do it with a $10 product that has a $50 up-sell on the backend, then it is certainly very possible to make 5 figures per month.
With a low-price product, naturally you are going to convert better than something that sells at a 10 times higher price. But of course, you need lesser sales for the high-ticket product to reach your goals.
Pricing also depends on what you want to achieve. If you want to build a core customer list, then it is probably better to do it with a low-price product so you can get in as many people as possible who have a penchant for spending online. Then you can up-sell to them your more expensive and advanced products. In this way, you get the advantages of both selling a low-price item and a high-ticket item on the back-end that will fatten up your revenue.
So as you can see, pricing is not simple as it is. Just so you know, I'm a big fan of the low-ticket front-end, high-ticket back-end sales funnel. That allows you to build a big customer list and make high-priced sales as well.
Click Here to download your FREE report called "Instant Money Secrets: How You Can Make $500-$1,000 Per Day Online Using A Simple Secret 3-Step System!" Instant Money Secrets