By Peter Parks
The best course of action to take sometimes
isnt clear until youve listed and considered
your alternatives. The following should help
clue you in to what I think is significant.
Everything will make sense so with just a little
more reading, all the facts will fall into place.
Basically you want to boost your online profits
there are certain techniques you should be
using all the time.
You have heard the saying "work smarter not harder" this
is true for your online business as well. Your goal is to
increase profits not increase your work load.
Offer an up-sell for your product or services.
A good example of an up-sell is a popular marketing
technique I like to use.
I sell a product for $295.95 now I also offer an upgrade
for the product at $395.95. The difference is there are
two components that are required for specific modules
in the system I sell. To upgrade at a later date those
two components would cost approximately $150.00 dollars each.
Most people will purchase the upgraded edition as they
see this as a good deal and getting more for their money.
You will want to test various methods of providing an
up-sell for your particular service or product.
You can offer your customers premium edition or enhanced
service prior to customer purchasing or after they have
purchased and before final purchase settlement.
Subscriptions are an excellent way to increase your profits.
If customers like your service they will be happy and
renew every 6 months or whenever you set your renewal.
It requires little time, effort, and cost to keep them as
customers and happy. It is much easier to keep someone
happy than to build a new relationship from scratch.
A subscription service is easily done.
By using your imagination you will find one that fits your
target audience. Here are a couple suggestions to help start.
Have a popular site category on your website.
Charge a yearly fee for inclusion in your links or directory.
This will pay for your time and effort to review each link
request and also allows discourages the casual link requester
which also improves the quality of your links.
Offer a printed copy of your newsletter. Include expanded
details on information and also coupons or discounts that
readers of the regular newsletter would not receive.
Create a subscriber only service and offer information
or services that are not immediately available to someone
visiting your site.
An example would be, if you have a housing referral
site that gives housing information. For a fee they can also
get contact information for any of the rentals or for sale
homes on your site.
Continually follow up with customers and potential customers.
Let them know you are available for any questions
or concerns they may have.
If you have any new products or services just in and
not announced on your site as of yet. Be sure to inform
the customer who has purchased a service or product
of these new offerings first.
Work on building relationships you want your online business
to be considered friendly, reliable, and trustworthy.
Offer to go above and beyond expectations if possible.
You will set yourself apart by going from the online
world to the outside world even if it is just a simple
thank you card sent in the regular mail.
People do remember such acts and will reward you
with future purchases, and a word of mouth recommendation
to others.
If necessary get rid of the high maintenance customer.
You will never be able to make everyone happy.
Some customers are so constantly demand extra's
but not willing to pay for them; others are just rude
to you on a regular basis. Be polite but explain that you
will no longer be able to supply them with goods or services
for them.
You can direct them to a competitor's website if you wish.
But it is your website, your time and you have the right
and choice as to if you want to serve them or not.
The goal is to make money and increase profits not increase
your work load and headaches.
That's how things stand right now. Keep in mind
that any subject can change over time, so be sure
you keep up with the latest news.
(c) copyright 2006 Niche Profit Marketing
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Peter Parks Is A Direct Response Marketer That
helps His Clients Acheive Successful Results Visit Us
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