One single advice that increase your revenue drastically?

68 replies
Hi Guys,

Lets share our knowledge and lets help each other

What was that one tip, that increased your revenue?

For me, it was sending an incomplete report to those who stopped in-between the payment process. i.e. they wanted to buy the product, but stopped right before the payment step. Sending incomplete reports to them with a link to complete the payment, increased the conversion rate drastically..

What's you awesome single advice, that increased your revenue?
#advice #drastically #increase #revenue #single
  • Profile picture of the author discrat
    Narrowing down my Niche and being very specific in who I targeted ...i.e sq. pages, sales letters, email copy !!



    - Robert Andrew
    {{ DiscussionBoard.errors[9728931].message }}
    • Profile picture of the author Jamel Hassell
      Robert Andrew how are you. Yes it is important to do your demographic research so that you can market directly to prospects interested in your product.
      {{ DiscussionBoard.errors[9737038].message }}
  • Profile picture of the author Tom Addams
    I've been given plenty of great advice over the years.

    Off the top of my head: concentrate on the membership model.

    Tom
    Signature

    I Coach: Learn More | My Latest WF Thread: Dead Domains/ Passive Traffic

    {{ DiscussionBoard.errors[9728937].message }}
  • Profile picture of the author ArticlePrince
    Ask your users what they want, give it to them free 4 times and sell it once.
    Signature
    FREE 500 word articles, PM me for yours!
    (4 days only!)
    {{ DiscussionBoard.errors[9728980].message }}
    • Profile picture of the author Pedro Lopes
      Originally Posted by ArticlePrince View Post

      Ask your users what they want, give it to them free 4 times and sell it once.
      I agree with this one. Once I started listening to the people that pay my bills, I immediately started making more money.

      -Pedro Lopes
      Signature
      {{ DiscussionBoard.errors[9733677].message }}
  • Profile picture of the author somedevil
    Simple advice - Be relentless !
    {{ DiscussionBoard.errors[9729062].message }}
  • Profile picture of the author DenEdBiz
    [DELETED]
    {{ DiscussionBoard.errors[9729150].message }}
    • Profile picture of the author rMike
      Originally Posted by DenEdBiz View Post

      Utilizing subscription based products, charging people on a recurring monthly basis. From our testing and evaluating over a few years, charging small ongoing payments have proved more profitable than much larger, yearly or one time fees. A caveat... this philosophy has been my teams experience but I wouldn't be overly surprised if others experienced the exact opposite.
      Where do you find the cutoff point between a one time fee product and a monthly subscription?

      I'm asking because setting the pricing right is a bit more complicated in my experience. For example, I could easily sell a lot of copies of a good product at $9.95 a month, but even a lot of copies as that price might not add up to a lot of money. 100 subscribers still only gets you less than $1,000 a month, and depending on your product, it might not be easy (time-wise) to manage 100 subscribers.

      On the other hand, imagine the same product sold as a $47 or $67 one-time fee product (with a one year service guarantee). Selling 50 copies of that per month equals around $2,500 per month, which is now getting you somewhere. You would have money to spare for paid advertising and new JV opportunities, meaning you could eventuality scale to 5 digits a month.

      Selling the same product as $47 a month would drastically decrease conversion rate in my experience.

      What do you think? How do you calculate the optimal pricing points?
      Signature
      BuildMyTraffic WSO - The Ultimate SEO - PBN Backlinking Software
      Rank #1 for ANY Keyword!
      {{ DiscussionBoard.errors[9736022].message }}
  • Profile picture of the author seoboyz01
    Find a niche or service that you are good at and stick with it. This advice has served me very well. Once I found my niche, something that I'm passionate about and good at, I was able to move forward. Others are still searching around and dabbling at this and that or falling prey to the shiny object syndrome. And, for those people, I would just say to find one thing you really love doing or talking about every day and focus on that. Even if it's an odd subject, you can find a way to monetize that, even if just by writing a Kindle ebook about it.
    Signature
    Google DOMINATION SEO service - Take your site 1st page of Google.
    {{ DiscussionBoard.errors[9729239].message }}
    • Profile picture of the author LNI
      Great advice actually, which is overlooked too many times.
      {{ DiscussionBoard.errors[9737207].message }}
  • Profile picture of the author Shaolinsteve
    Originally Posted by allseowork View Post

    What was that one tip, that increased your revenue?
    Showing them that you actually care about helping them. Don't create a sense of fear by hiding behind the email all the time. Connect with them on Facebook, call them on Skype. Once you build authority, trust will come naturally and trust will build a loyal following who will buy from you.

    Take out the mentality that this is about you and start thinking about them and then you'll see a huge difference.
    {{ DiscussionBoard.errors[9729283].message }}
    • Profile picture of the author allseowork
      Originally Posted by Shaolinsteve View Post

      Showing them that you actually care about helping them. Don't create a sense of fear by hiding behind the email all the time. Connect with them on Facebook, call them on Skype. Once you build authority, trust will come naturally and trust will build a loyal following who will buy from you.

      Take out the mentality that this is about you and start thinking about them and then you'll see a huge difference.
      Eaily one of the most awesome tip! I can say from personal experience, Its damn true..
      {{ DiscussionBoard.errors[9730188].message }}
    • Profile picture of the author seoboyz01
      Originally Posted by Shaolinsteve View Post

      Showing them that you actually care about helping them. Don't create a sense of fear by hiding behind the email all the time. Connect with them on Facebook, call them on Skype. Once you build authority, trust will come naturally and trust will build a loyal following who will buy from you.

      Take out the mentality that this is about you and start thinking about them and then you'll see a huge difference.
      Actually, that's good advice. The online world can be a scary place for many people. So it helps when your customers (or potential customers) can see you as a real person. Knowing they can simply call you up or connect with you on a social network is sure to alleviate that natural fear. A good way to establish trust instantly.
      Signature
      Google DOMINATION SEO service - Take your site 1st page of Google.
      {{ DiscussionBoard.errors[9747802].message }}
  • Profile picture of the author PatrickFl
    Briefly about the Pareto principle 80/20.
    "You do not need to do anything. You need only do what gives the result"
    {{ DiscussionBoard.errors[9729302].message }}
  • Profile picture of the author lerxtjr
    Treating every website visitor as GOLD. I wasn't able to do this until recently now that I've switched to an integrated "system" instead of having so many pieces and parts of software that don't talk to each other. I used to waste I'll bet 20 hours a week troubleshooting all of those independent tools and now I can just focus on really giving what my site visitors need.
    Signature

    Get your non-fiction book done without typing ProduceMyBook.com >>

    {{ DiscussionBoard.errors[9733220].message }}
  • Profile picture of the author eac113
    When you start focusing on providing service, the money pump seems to prime much quicker...
    {{ DiscussionBoard.errors[9733261].message }}
  • {{ DiscussionBoard.errors[9733267].message }}
  • Profile picture of the author Discreetmarketer
    Focus on 1 project/website at a time
    Signature
    I've been with MANY web hosting companies
    {{ DiscussionBoard.errors[9733782].message }}
    • Profile picture of the author Life Naturally
      Originally Posted by Discreetmarketer View Post

      Focus on 1 project/website at a time
      This is my biggest problem. I have multiple great ideas, and I have a hard time concentrating on just one. I need to pick my best website/project and devote all my time to that. Thanks for this.
      {{ DiscussionBoard.errors[9746125].message }}
  • Profile picture of the author F360
    Collect visitors email addresses with a legitimately great offer popup, send them 2 or 3 warm up emails, then hit them with a sales message.

    Get this going on autopilot.

    That alone has increase ROI of a few of my sites hugely.
    Signature

    Private Message me to get Early Access to my Free Course "Launching a Profitable Blog in 7 Days".

    {{ DiscussionBoard.errors[9735983].message }}
  • Profile picture of the author joelraitt
    be the first one with ideas, don't just copy cat
    Signature

    Work smart, work hard, never give up. Learn with me here: http://www.joelraitt.com

    {{ DiscussionBoard.errors[9736025].message }}
  • Profile picture of the author TimD
    Originally Posted by allseowork View Post


    For me, it was sending an incomplete report to those who stopped in-between the payment process. i.e. they wanted to buy the product, but stopped right before the payment step. Sending incomplete reports to them with a link to complete the payment, increased the conversion rate drastically..

    What's you awesome single advice, that increased your revenue?
    This is a terrific strategy. Gary Halbert used to say that one of his great promotions was sending the info product to the lead...but locked. Then he'd follow up saying - you have the product, just log on and pay to unlock it.

    Like you, his conversion rate jumped.
    {{ DiscussionBoard.errors[9736171].message }}
    • Profile picture of the author seohacker
      User onboarding process helped a lot. People had no idea how to create and run their first survey (we sell microsurveys as a service at https://qeryz.com)
      Once we got them to subscribe as a free user, we took them to a 4-step onboarding process. That increased their usage rate dramatically and sooner or later, they upgrade to either a Micro or Starter account to take advantage of more features

      Update (12-30-2014): Just published how we increased our user adoption rate through better user onboarding: https://seo-hacker.com/improved-user...-1650-60-days/
      Signature
      Create your Free account at Qeryz. Gather. Analyze. Convert.
      {{ DiscussionBoard.errors[9736184].message }}
  • Profile picture of the author allegandro
    From my financial advisor: “FOCUS ON ONE PROJECT!”

    Instead of having 20-25 different projects at the same time, I followed his advice and not I’m doing the one project that I like, I love and work with great pleasure.

    Also I did grow from a “One Man Show” to a real company, with a 10 men/women staff.

    For me this Tip was a life changer!
    Signature
    {{ DiscussionBoard.errors[9736220].message }}
    • Profile picture of the author liquid ice
      Originally Posted by allegandro View Post

      From my financial advisor: "FOCUS ON ONE PROJECT!"

      Instead of having 20-25 different projects at the same time, I followed his advice and not I'm doing the one project that I like, I love and work with great pleasure.

      Also I did grow from a "One Man Show" to a real company, with a 10 men/women staff.

      For me this Tip was a life changer!
      Can you ellaborate on that? Is it offline marketing, online marketing..?
      {{ DiscussionBoard.errors[9739037].message }}
  • Profile picture of the author cabenb
    Concentrating on a few projects and work hard and smart on them and not falling for the next shiny object and start all over again. Most products are crap anyway!
    Signature
    Install our Brand New FREE Fast Discount Finder Chrome Extension It will find you the best discounts on Amazon on the fly!
    {{ DiscussionBoard.errors[9736233].message }}
  • Profile picture of the author iDesigners
    Being affordable graphic design service providers, the one thing that increased our sales up to 1000% is nothing but great referrals.

    We tried direct mail, social media, paid ads etc but nothing could beat the referrals by some great clients. To be honest, it made us the #1 logo designers on Fiverr, to partner with 2 design studios in the US and much more
    {{ DiscussionBoard.errors[9736267].message }}
  • Profile picture of the author seekdefo
    That's easy- Stick to one thing.

    I had my first major breakthrough once I did that.
    Signature

    Brevity is the soul of wit

    {{ DiscussionBoard.errors[9736282].message }}
    • Profile picture of the author scrabbler
      Be patient.
      I know that focussing is very important, but some things also need time and not a 40 hour work load. If you invest too much time, you will sometimes burn out very fast. I was most successful with projects I worked for 1-2 years on figuring out how to run them, but without a need to really do them because I had an income from somewhere else. This is also related to the pareto principle of just doing the things that have a real impact.
      {{ DiscussionBoard.errors[9736432].message }}
  • Profile picture of the author O0o0O
    Learning the ability to turn negatives into positives has caused me to go from being a mediocre salesman to closing deals for tens of thousands of dollars. People are attracted to positive people.
    {{ DiscussionBoard.errors[9736420].message }}
  • Profile picture of the author powerofschool
    Self Confidence is first important thing.
    And my first revenue drastically change is Selling other people services.
    Signature
    Download Good Morning Images Here
    {{ DiscussionBoard.errors[9736499].message }}
  • Profile picture of the author gtgart
    For me it was learning to improve my funnel. Not blame the traffic, but utilize a better engagement level through careful planning, targeting and remarketing. The world is a large place and there are millions of people who fit your target audience, by changing the way you connect and engage with your audience makes all the difference.
    Signature

    Want to learn SEO from a Pro? Sign Up - Free 2015 SEO Mastery Training Today!.

    {{ DiscussionBoard.errors[9736500].message }}
  • Take Action!

    At the very least take the 1st step forward, regardless how small that step may be.
    {{ DiscussionBoard.errors[9736523].message }}
  • Profile picture of the author NetJunkie913
    Fantasy sports. Which has become my primary source of online income. I typically rake in $200 per day on the site below.

    FanDuel.com
    {{ DiscussionBoard.errors[9736537].message }}
  • Profile picture of the author Alastair Hayward
    My number one breakthrough was finding out where all the gurus get their traffic from.
    {{ DiscussionBoard.errors[9736584].message }}
    • Profile picture of the author MarcS
      Originally Posted by Alastair Hayward View Post

      My number one breakthrough was finding out where all the gurus get their traffic from.
      Yes....and....
      {{ DiscussionBoard.errors[9737068].message }}
      • Profile picture of the author wilfredtr
        Originally Posted by MarcS View Post

        Yes....and....
        Wheres the rest of the sentence ? They get their traffic from ???
        {{ DiscussionBoard.errors[9740354].message }}
        • Profile picture of the author myob
          Originally Posted by MarcS View Post

          Yes....and....
          Originally Posted by wilfredtr View Post

          Wheres the rest of the sentence ? They get their traffic from ???
          Before you hire that high-priced writer who charges by the word, be sure to first check your bank balance.
          {{ DiscussionBoard.errors[9742252].message }}
  • Profile picture of the author C G
    Creating more products

    Cheers,

    C.G.
    Signature
    -------------------------------------------------------------
    {{ DiscussionBoard.errors[9736890].message }}
  • Profile picture of the author BigMarv
    I would recommend becoming an Affiliate, first. This will allow you to test various marketing concepts and ideas. By the time you are ready to create your own product, you will already know how to successfully market it online.
    Signature
    Ground Floor Opportunity
    Get Paid for Using Your Cell Phone

    Tax Sales Investing Made Easy
    Tax Lien Certificates Network
    {{ DiscussionBoard.errors[9737277].message }}
    • Profile picture of the author myob
      Being a rather simple kind of a guy, I just make it easy for people to buy.
      From first contact, prospects are guided every step of the way in their purchase decision process.

      "Simplicity is the ultimate elegance."
      - Leonardo da Vinci
      {{ DiscussionBoard.errors[9737616].message }}
  • Profile picture of the author manaylor
    Catering for mobile devices has increased benefits and revenue sharply.
    {{ DiscussionBoard.errors[9737584].message }}
  • Profile picture of the author Brent Stangel
    What's you awesome single advice, that increased your revenue?
    Offering exclusive bonuses with my affiliate promotions.
    Signature
    Get Off The Warrior Forum Now & Don't Come Back If You Want To Succeed!
    All The Real Marketers Are Gone. There's Nothing Left But Weak, Sniveling Wanna-Bees!
    {{ DiscussionBoard.errors[9737633].message }}
  • Originally Posted by allseowork View Post

    Hi Guys,

    What was that one tip, that increased your revenue?

    I was already doing well online, but when I divorced myself from Facebook, I IMMEDIATELY began making 20 - 40% more.

    I cut off my cable to see what would happen, and again, same thing. More money, more focus, finished work earlier every day, and did not miss TV even a little.
    Signature
    PatrickBrianONeill.com
    {{ DiscussionBoard.errors[9737694].message }}
  • Profile picture of the author BernardR
    This biggest game change for me came when I made the decision that Internet Marketing was going to be the main source of income for me period!

    Basically I made a quality decision that had no opt out clause ... the best decision I have ever made!

    Bernard
    {{ DiscussionBoard.errors[9737897].message }}
  • Profile picture of the author astral walker
    The best advice my dad gave me is to recommend only those products or services that you use and people will trust your recommendations and I think it makes sense. I joined a small orange's affiliate program which really helped me earn some cash. (commissions pending at the moment). All I do is tweet and share of facebook.
    {{ DiscussionBoard.errors[9737949].message }}
  • Profile picture of the author Greg Jeffries
    You may have heard the phrase "build it and they will come..."

    I like to say "build a LIST and the MONEY will come"

    Focus on building a high quality list first. Everything else you want to do can be funded from an email list.

    Don't know how to build one? I've put together a simple step-by-step video series that walks you through the exact tools I use and recommend (no hype. no BS) This is simply how the big bucks are made online. All those hypey softwares and trainings are just ways to monetize that list and distract from the real way 99% of marketers are making their big incomes. Build a list FIRST. Focus on learning and mastering: traffic, conversion, and copywriting.

    https://gregjeffries.leadpages.net/7...singleoptin-2/
    Signature

    IMSource | #1 Resource For Internet Marketers
    Click here For my favorite internet marketing tool of all time
    {{ DiscussionBoard.errors[9737978].message }}
  • Profile picture of the author Randall Magwood
    Originally Posted by allseowork View Post

    What was that one tip, that increased your revenue?
    80% of the things i do will yield 20% of my profits.

    20% of the things i do will yield 80% of my profits.

    I've changed from using free marketing as my main promotion vehicle, and am now doing paid advertising like a mad man.

    The tip? Do paid advertising like a mad man. You get your time freedom back too when you do this.
    Signature

    {{ DiscussionBoard.errors[9738004].message }}
  • Profile picture of the author pjman
    My number one was... Creating quality content...

    Look at your competitors and say what do they miss and what is everyone searching for...

    Okay, I understand those...

    Now create something better and charge a few bucks less and let everyone know what your competitors charge...

    My conversions skyrocketed....
    {{ DiscussionBoard.errors[9738312].message }}
  • Profile picture of the author Teravel
    [DELETED]
    {{ DiscussionBoard.errors[9738583].message }}
    • Profile picture of the author Cosmit
      Originally Posted by Teravel View Post

      Cosmit, why do you keep calling people out on their signatures?
      I get that you don't like people having outrageous claims in their signatures, but that doesn't mean you have to be a jerk about it. Don't you have something better to do with your time than calling people out on their signatures?

      Here's my "Single Piece of Advice"...

      Stop wasting your time with useless crap (like trolling), and start putting more effort into what improves your business.
      I don't call people out on their signature, I call people out on ironic signatures.

      It's not that they have outrageous claims in their signatures that prompts me to respond, it's that they claim to make $165,000 a month with trillions of visitors, and in the post, they will ask how to get traffic and make a dollar on their site. Do you see the irony?

      This entire forum is a waste of time, so if you're on it, you're already guilty of that. i come from time to time to point out the neverending staggering stupidity and irony of WF signatures, while at the same time entertaining some of you who still have a little sense of humor left.

      chill out, relax, take a deep breathe, and realize it's just a joke.
      {{ DiscussionBoard.errors[9740094].message }}
  • Profile picture of the author Edwin Torres
    Focusing on writing better emails that have more "persuasive punch" behind them.

    Too many people were telling me to only provide free stuff and when you promote you'll get tons more sales. I tried that. Little to not results.

    Now I promote in almost EVERY email I send out, and have made more money this way than with what I was doing before.

    Of course there is a right and wrong way to promote, but pitching more frequently (in a cool way) is really one of the best pieces of advice I've ever gotten.
    {{ DiscussionBoard.errors[9739772].message }}
  • Profile picture of the author yakim1
    If you haven't started building lists it is the fastest way to send traffic to where you want it to go.

    When sending out broadcasts, make sure you send the same email message out at least 3 times on a couple of days. You can change the subject line and possible a few things in the body of the email message if you want to.

    With all the spam blockers and other things that affect people who read your emails, people have all kinds of interruptions and before you know it your email message is among a mass deletion. It is harder and harder to get your messages read.

    Changing the subject line will give you more opportunities to find the subject line that works the best on getting the attention of the reader.

    I have found that the 2nd and 3rd emails which are almost identical to the 1st email get opened a lot more than the first email.

    Best regards,
    Steve
    {{ DiscussionBoard.errors[9740080].message }}
  • {{ DiscussionBoard.errors[9740316].message }}
  • Profile picture of the author snewlun
    Once you start making a steady profit, scale your operation up.
    Signature

    Scott E. Newlun

    Do you have something to sell?
    http://ad-ploter.com

    {{ DiscussionBoard.errors[9740617].message }}
  • Profile picture of the author Clownface
    Value Your Customers! Many businesses fail to realize how much revenue they lose due to poor customer service (or maybe just average customer service). Treat your customers like GOLD and they will not only continue doing business with you, but they will also become your raving fans and inbuilt sales team and ongoing traffic generators!

    Always try to OVERdeliver rather the underdeliver or just doing the bare minimum to get by. Your customers will feel your care and appreciation for them and will reward you greatly.
    {{ DiscussionBoard.errors[9746014].message }}
  • Profile picture of the author bambinoes
    It depends upon what you are selling, but it would appear that revealing your prices in advance would enhance your trust factor.
    {{ DiscussionBoard.errors[9746195].message }}
  • Profile picture of the author forthright
    Copy someones great idea and improve upon it faster and with greater urgency. You will save yourself a lot of time and get a nice head start. It's a dog eat dog world.
    {{ DiscussionBoard.errors[9747006].message }}
  • Profile picture of the author svetod
    I would say never take no as an answer is that one thing for me.
    Signature
    Want To Know How I Make Money Online? Read my story http://affiliate-lifestyle.com/
    Follow me on Instagram for Daily Inspiration & Free Tips: svetlintodd
    {{ DiscussionBoard.errors[9747545].message }}
  • Profile picture of the author eaw44f
    focus on single thing and trying to master it instead of trying to become a jack of all trades
    {{ DiscussionBoard.errors[9747573].message }}
    • Profile picture of the author johnsonf5
      Offer just one product or service on your home page.

      I used to attempt to sell a variety of products on homepages of my websites. After many different tests, I've concluded this is not the best strategy, at least in my model which is product creation followed up by email marketing.

      I've found that offering fewer products on my homepages with more killer copy describing those products always translated into higher sales.

      I believe this is because, "It's all about focus", and "narrowing down your niche".


      Instead offering a huge range of products with minimal descriptions about each one, if you offer just one product or one set of highly related products you can really laser focus on one super important set of benefits and do a much better job of answering all the possible questions your visitors may have about the product, helping to persuade the decision process in the end.


      You don't have to try sell all your products at once. You can always offer more products to your customers from other web pages or by using follow-up email marketing.
      Signature
      "Remember this... If Plan "A" Fails...
      There are 25 more letters in the alphabet"
      {{ DiscussionBoard.errors[9747709].message }}
  • Profile picture of the author StrongPurpose
    Listen to the wants and needs of the customer, one client at a time. This reduced our return rate drastically.
    {{ DiscussionBoard.errors[9787927].message }}
  • Profile picture of the author panditmarketing
    You just have to be real and provide good value. When you do that, you build that relationship and there is an element of trust there.

    That's when you can sell high ticket items. Obviously, don't sell them any old rubbish just because it's expensive, or you'll lose that trust you've built up.

    Of course if you get to a level where you really know what you're doing, you can coach people. Customers will always pay more for coaching than just products, I know I have.
    Signature
    Why You And 98% Of Affiliates Are Failing Online Go Here!
    {{ DiscussionBoard.errors[9787967].message }}

Trending Topics