A sales funnel vs a sales garden...with examples.
A sales funnel brings in new customers and has offers of upsells and downsells and possibly longer term consulting (much more detailed, of course, but for the sake of this discussion, it suffices), but it may not have
a lifetime value
which can be significant.
A garden is more evergreen, it too offers products/services at different price points, often in a family of similar products which people can grow with and the lifetime value is much higher.
An example of a funnel can be seen daily in the WSO section, usually a low cost intro, a back end of higher value, more expensive and/or add-ons, upgrades, etc.
The WF itself is an example of a garden.
Let me offer some other examples, and I have NO affiliation with any of these sites, they are offered up as examples only.
Long lifetime value examples include bmyers dot com,
freeplants dot com,
mpowers dot com,
jinnybeyer dot com.
These sites have been around for 15 years, which shows sustainability, and were never dependent on google search for their success, unlike many warriors who built their Internet Marketing castles on the shifting sands of al gore rhythms.
Bill Myers was charging a thousand dollars a year for membership into something called the Idea Bank, back in 1998. I was one of dozens of members and like most, thought it was a good deal. He delivered great content for the bucks.
His site is still going and growing strong and some of his current members have been with him for two decades...now that is EVERGREEN.
Mike McGroarty (and now his son, Duston) is behind the freeplants site, and Mike has also had customers for a long period of time.
Making money is easy with a funnel, albeit, maybe not sustainable...whereas, planting a garden could sustain a business for many years.
So, as you consider and contemplate your IM activities, consider planting seeds of knowledge for many harvests of profits.
gjabiz
All The Real Marketers Are Gone. There's Nothing Left But Weak, Sniveling Wanna-Bees!
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