The Principle Of Testing And Tracking In Your Online Business
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Do you understand what it takes to earn $5,000 or more in your business every month? More than likely your answer will be "no", but you should that it's easier than you think. The major thing about reaching this milestone is that, you will have to sell high priced products if you want to see results like these quickly.
Now selling high priced products on the internet can be tough. It doesn't matter what niche you're in... even if you start your own opt-in email newsletter (which is recommended), you still have the task of selling your prospects on buying your high priced product. And when I say "high priced", I'm talking about products that are $500 or more.
Now the obvious benefits of selling a product this high should be clear. All you need is 10 sales per month to reach your $5,000 a month goal. If you were selling a $50 product, you would need 100 sales per month to reach your $5,000 a month goal. That's roughly 3 sales per day. And if you don't have the traffic or conversions to make this happen for you, you will want to switch up your angles for how you're going to reach your $5,000 goal.
Some people suggest that selling a $500 product is no different from selling a $50 product. I personally beg to differ. Recently I just got 2 sales in 1 day selling a $49 product. This happened immediately after I launched the campaign. And you should know that I've even tried my part at selling a high priced product.
I used to sell a $300 product to offline business owners, and I was getting a ton of leads each and everyday. 4 months later down the line, I still didn't get 1 sale from the $300 product. Plus, I was in a dire situation where I needed money fast. So I offered my list an incredible reduction in price from $300 to $30, and I got a flood of orders.
So you will have to test and track your results, and change things that aren't working for you in your business. Yes you can start with price, but that shouldn't be the only thing that you should test changing. You can change the headline on your sales letter page, you could lead with using a squeeze page, you can add more bullet points, you could offer more bonuses, you can use fly-in ads to help boost your conversions, and etc.
There are so many things that you can change in your business, that will actually help to improve your sales. If the price doesn't do the trick, test something else in your marketing routine like I mentioned earlier. It's a great way to improve your sales easily, and it's a great way to get more new customers for your business.
When it comes to internet marketing, you have to make sure that your strategy is up to par and that you follow through on making the techniques a success.
Good luck with using these tips to improve your online sales and profits today.
ABOUT THE AUTHOR: Randall Magwood is one of the most respected and highly-regarded online marketing experts on the internet. He has a website about internet marketing that helps small business owners learn how to market their business online simply and easily. To learn more, visit here: Internet Marketing Secrets.
Now selling high priced products on the internet can be tough. It doesn't matter what niche you're in... even if you start your own opt-in email newsletter (which is recommended), you still have the task of selling your prospects on buying your high priced product. And when I say "high priced", I'm talking about products that are $500 or more.
Now the obvious benefits of selling a product this high should be clear. All you need is 10 sales per month to reach your $5,000 a month goal. If you were selling a $50 product, you would need 100 sales per month to reach your $5,000 a month goal. That's roughly 3 sales per day. And if you don't have the traffic or conversions to make this happen for you, you will want to switch up your angles for how you're going to reach your $5,000 goal.
Some people suggest that selling a $500 product is no different from selling a $50 product. I personally beg to differ. Recently I just got 2 sales in 1 day selling a $49 product. This happened immediately after I launched the campaign. And you should know that I've even tried my part at selling a high priced product.
I used to sell a $300 product to offline business owners, and I was getting a ton of leads each and everyday. 4 months later down the line, I still didn't get 1 sale from the $300 product. Plus, I was in a dire situation where I needed money fast. So I offered my list an incredible reduction in price from $300 to $30, and I got a flood of orders.
So you will have to test and track your results, and change things that aren't working for you in your business. Yes you can start with price, but that shouldn't be the only thing that you should test changing. You can change the headline on your sales letter page, you could lead with using a squeeze page, you can add more bullet points, you could offer more bonuses, you can use fly-in ads to help boost your conversions, and etc.
There are so many things that you can change in your business, that will actually help to improve your sales. If the price doesn't do the trick, test something else in your marketing routine like I mentioned earlier. It's a great way to improve your sales easily, and it's a great way to get more new customers for your business.
When it comes to internet marketing, you have to make sure that your strategy is up to par and that you follow through on making the techniques a success.
Good luck with using these tips to improve your online sales and profits today.
ABOUT THE AUTHOR: Randall Magwood is one of the most respected and highly-regarded online marketing experts on the internet. He has a website about internet marketing that helps small business owners learn how to market their business online simply and easily. To learn more, visit here: Internet Marketing Secrets.