1

STEP 7 OF STARTING A BUSINESS (INCREASE YOUR INCOME THROUGH BACK-END SALES AND UPSELLING)

-

One of the most important internet marketing strategies is to develop every customer's lifetime value. At least 36 percent of people who have purchased from you once will buy from you again if you follow up with them. Closing that first sale is by far the most difficult part--not to mention the most expensive. So use back-end selling and upselling to get them to buy again:
  • Offer products that complement their original purchase.
  • Send out electronic loyalty coupons they can redeem on their next visit.
  • Offer related products on your "Thank You" page after they purchase.
Reward your customers for their loyalty and they'll become even more loyal.

Comments

Post a Comment

Popular posts from this blog

Different Types of Business Strategies !!!

-
Image
Specific strategies, such as identifying product strengths, adjusting pricing, or acquiring another business, have historically been used to get a small enterprise off the ground. Understanding these strategies, and skillfully implementing them, can help entrepreneurs achieve success. New companies often face unique challenges. Specific strategies, such as identifying product strengths, adjusting pricing, or acquiring another business, have historically been used to get a small enterprise off the ground. Understanding these strategies, and skillfully implementing them, can help entrepreneurs achieve success. Growth Strategy A growth strategy entails introducing new products or adding new features to existing products. Sometimes, a small company may be forced to modify or increase its product line to keep up with competitors. Otherwise, customers may start using the new technology of a competitive company. For example, cell phone companies are constantly adding new features o...
Read more

100 WAYS TO SETUP YOUR BUSINESS

-
Image
FIRST OF ALL GET YOUR BUSINESS REGISTERED ON  http://www.webbusinesslistings.com/ Marketing Planning 1. Update or create a marketing plan http://www.webbusinesslistings.com/  for your business. 2. Revisit or start your   market research . 3. Conduct a  focus group . 4. Write a unique selling proposition http://www.webbusinesslistings.com/  (USP). 5. Refine your target audience and niche. 6. Expand your product and service offerings. Marketing Materials 7. Update your  business cards . 8. Make your business card stand out from the rest. 9. Create or update your brochure. 10. Create a digital version of your brochure for your website. 11. Explore a  website redesign . 12. Get  creative with promotional products   and give them away at the next networking event you attend. In-Person Networking 13. Write an  elevator pitch . 14.  Register for a conference . 15. Introduce yourself to other local...
Read more

Businesses You Can Launch for Cheap (step 26 to 31) !!!

-
Image
26. Online Photo Selling If you are a professional photographer or just have a deep-rooted passion for it, you can make money from your pictures on photo selling websites. All you need to get started is a camera, preferably a digital SLR with a minimum of 8 megapixels, and a computer. Once you have established yourself on websites such as GettyImages.com and Flickr.com, you can setup your own website with a list of your watermarked images and their price per unit. 27. Meal Planning There are loads of people who love food but don't have the first clue about what to buy. They are either not very confident in the kitchen, don't know the first thing about a balanced diet, or struggle with maintaining a budget. As a meal planner, you would: Create a list of ingredients Create step-by-step recipes for your customers to follow Explain the nutritional value of the meals to educate your customers Explain to them how they are saving money by sticking to your meal plans ...
Read more