Planning Products for Multiple Sales So You Can Promote Them In Your Emails

Interesting fact: It’s a lot easier to sell a second product to an existing customer than it is to find a new one. Keeping that in mind, it only makes sense then to plan out a product funnel that allows people to make multiple purchases from you. Instead of focusing all your time and energy in going out and finding new potential customers, you can instead focus on creating new products and serving your existing customer base.

I’m not saying you can stop looking for new customers. That’s always a smart business practice. I’m simply saying that if you create a series of related products that you can sell to your existing customer base, you can make quite a bit more profit from every single customer.

There are a few different ways to think about this. Let’s run through them and you can pick whatever strategy you think will work best for you, your business, and your customer base when it comes to planning future products.

Step By Step Product Funnel

With this product planning strategy, you help your customers or students do one thing with the first product. For the next one you then think about what they need to do next. For example, let’s say you start with product about writing your first kindle book. Your next product could teach them how to create a cover and upload it to Amazon. The one after that may be all about marketing a kindle book etc.

You see how this works. Each product builds on the next and it makes perfect sense for your customers to work through the first, then buy the second, and third, and so forth. Each product is designed to help the take the next step until they reach their final goal.

Creating Related Products On Similar Topics

If a step by step product funnel doesn’t make sense for your market, you can create products on closely related topics. For example, if you’ve been teaching someone how to blog, you could then create products on email marketing, and info product creation. As with the previous example, it makes it easy to mail your existing customer list with offers like this.

Creating Consumable Products Or Membership Sites For Frequent Sales

Last but not least, think about products or services you can create that your customers would buy again and again. Let’s say you’re a writer and you’re offering ghost writing service. You could create an offer to write 10 articles on any topic for a set fee. You could then keep marketing that offer month after month and your clients will buy anytime they need a new set of articles.

Membership sites are another great option for multiple sales. Maybe there’s a new topic you can teach each month, or some templates and cheat sheets you can create for your members.

Take a look at all three strategies for creating more products that you can sell to your customer base. Feel free to mix and match as you see fit. Then get to work creating marketing new products on a regular basis.

Benefits Of Selling Products In The Information Marketing Business

In my opinion, the best home business in the world is the information marketing business. What is “information marketing”? Well it’s simply the process of selling instructional information in the form of: books, eBooks, CD’s, DVD’s, newsletters, seminars, and even membership sites. This is the ultimate lifestyle business.

And it’s even better on the internet. Many people have been running their own information marketing business offline for decades. But with the advent of the internet, it has taken information marketing to a totally new level. The main component of the information marketing business is something called, “information products”.

As I stated earlier, information products are simply products that deliver instructional information. It doesn’t matter what niche you’re in or the kind of products and services you sell – you can use info products to boost your sales and profits, along with adding another income stream into your business.

For example, a bakery shop owner could offer a free report (another form of information product) about how to make red velvet cupcakes. Then for every person who requests this information, the bakery shop owner can send out the free report, plus a copy of their menu – that already includes the red velvet cupcake that they can buy from their offline store, or website.

And the list goes on and on. Almost all businesses that I know of can use this very same approach to boost their sales, and add a new revenue stream. You can even make this your entire business, and sell products for hundreds of dollars – depending on your niche, and the components of your product.

You can get high profit margins with information products and the business of info marketing. Products are very cheap to produce also. You could sell a CD for $19, and have it only cost you 50 cents to reproduce it. Don’t believe me? Well, consider this for example.

Have you ever seen those late night infomercials about ab workouts or real estate ventures and etc? Well, those people are simply selling information products. They’ve exited out of the real estate game and the bodybuilding game, and are now making the bulk of their money selling information products.

Yeah you may buy their $19 product and they send you a lot of stuff, but more than likely after you order, a telemarketer will call you and try to upsell you on a $2,000 product, showing you the “real” secrets. This is nonsense – but this is how they REALLY make their money.

I don’t want to assimilate them as “sharks”, but I just want you to be aware of how information products are popular online. It’s easy for you to get started selling your information products, you just need the right guidance, and a good marketing plan to sell your products.

And yes, you can use information products in your business to boost your sales and add another stream of income in your life. Be sure to use them today – because they are very profitable. I even sell them in my business.

Good luck with selling information products today.

How To Create Your Information Products Using Private Label Rights Ebooks

If you didn’t know it before, I’ll tell you today. If you want to make big money online, you have to create your own products.

Forget about all the noise about AdSense and affiliate marketing. I’m not saying they cannot make you money, but if you want to build a sustainable internet business, then you must have your own products.

Or why do you think that the big AdSense and affiliate marketing guys have their own products. Even if you don’t sell them well at the beginning, you can offer your products as bonuses to people to come to your site and buy other products through your affiliate links and even to click on your AdSense.

Having said that, I must confess that it is a lot of hard work to create your own product. You have to do the following and more.

– You have to do a market research

– You have to write pages and pages of book

– You have to create ecover graphics.

Heck! Small wonder many people don’t do it.

You can however avoid the above problems and have your own product with your name and copyright on it by investing a little amount of money on Private Label Rights products. It is very easy to do.

So here is a breakdown of how to do it.

1) Purchase a Private Label Product.

2) Brand it as your own by putting your name as the author.

3) Edit it by adding what you want to the contents and also by removing what you don’t want to give it a personal touch. This is important because there will be others out there with the same rights.

4) Create a new ecover for it or edit the source file you were provided with.

5) Go online and sell your product or give away to build your list

Last note: Do not go for a right that is too cheap. If you’ve got a package of 20 products for just $5 then you should know that thousands of other people out there have the same rights.

Also you should buy rights directly from the creator of the products only and not those that bought the rights and are reselling the rights. Buy from only those that say you can only use it for personal business and not the rights to give the rights. No master resell rights.

Follow these tips and you will be creating your own products in the next 24 hours.

How to Sustain Profits by Creating New Products and Services Related to Your Business

One of the most important ways to sustain profits in your niche-related business is to create new products and service that your targeted audience will be eager to buy. You can accomplish this in a number of ways.

The most obvious is the new product launch. If you know your niche well, chances are you should have a pretty good idea of what they really need and how much they are willing to pay for it. In other words, you will only create products that you are certain will sell.

If you are not sure, take the time to survey the people on your email list/s or poll them at Facebook to ask which options they would find most useful. Let them pick from a range of choices. The answers may surprise you. They will certain stop you from wasting a lot of time and effort and perhaps money creating product A when they are really eager to get their hands on product E.

In terms of launching the product, have a soft launch and a hard launch. The soft launch should be to those in your inner circle. They can get a first look at it for a substantial discount. Ask upfront for testimonials and give them an easy way to contact you to deliver them, send in reviews, and ask questions.

Let your Joint Venture partners know that the new product has arrived and let them have first look as well. Ask them for feedback so your product will be attractive to their audience as well.

Once you are sure your product is as good as it can be at the correct price point for your niche audience, then you can widen your audience through your hard launch. Offer a free webinar, guest blog, have your JV partners interview you and promote the product, and more.

Webinars can prove very useful for product creation. Record each session and offer it as paid product or promotional item. Have a transcript made to sell as is. Turn it into a free ecourse, special report, or an e-book of insider secrets. If you interact with the audience by allowing them to ask questions, take note of their queries and see if any of them are worth creating a product for.

If you have a lot of content at your site or blog, consider putting e-books together by topics. How to titles are extremely attractive to most audiences. Consider different levels of learners in your niche, such as beginners, intermediates, and advanced students. You can present information in a sequential way, or go into more depth for those beyond beginner level.

Look at what your competitors are selling, and at what price points. In this case you have 2 choices. Charge less and give the same type of information, or charge more due to your expertise and the excellent bundle you will be offering.

Bundling works for all paid products. Again, you have 2 choices. You can sell one main product and bundle a range of very attractive bonuses together, such as worksheets, hand-outs, templates, infographics and more. Or you can group 2 of your most popular products and services together to create an all new offer that your niche market will be eager to buy. Add some fabulous bonuses on top of that and see how much profit you can make from your niche-related products and services.