Little-Known Strategies to Increase Sales in Your Business
Little-Known Strategies to Increase Sales in Your Business
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Customer surveys that ask 3 basic questions: What did you like best about the product?, How can we improve the value of the product?, and Who do you know that would benefit from the product?
In a nutshell, you are letting the customer know that his needs and opinions are important to you, and that you want to help someone else fulfill their needs too. You'll gain valuable insight into customer satsifaction, provide material for valuable testimonials, and get tips on potential customers.
There are many other tactics to increase sales but above tips have been proven to work again and again. Choose one at a time and take action... you'll be surprised at how easy it is to increase your marketing effectiveness within your current customer audience.
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The core of every business is sales.
Many
of the strategies to increase sales offline are applicable online, but
not all of them. On the Internet, everybody can effort to fail fast and
learn from it. Better still, after years of testing and tracking what
works online, people can just learn from other people's experience and
cut the learning curve tremendously.
The Internet
has changed how people do their business. Even small business owners
are able to reach global market inexpensively nowadays, selling anything
from apparel, collectibles, to computer software, service and coaching.
The core of every business is sales. Many of the strategies to increase sales offline are applicable online, but not all of them. On the Internet, everybody can effort to fail fast and learn from it. Better still, after years of testing and tracking what works online, people can just learn from other people's experience and cut the learning curve tremendously.
Here are 7 of the surefire ways to increase sales:
1. Establish a sound affiliate program
If it is just another affiliate program, then don't expect to have different results. Focus on building a sound affiliate program, with the tools and materials to support affiliates to promote a program easily. After all, affiliates work like clockwork and should be seen as a team. Provide them with the right promotion tools and they will more likely promote the program.
Give the customers an option to join the affiliate program after purchase. Satisfied customers are one of the best marketing for any business. Spread the good words through word of mouth. Best of all, they are paid just for doing that.
2. Follow-up after first purchase
The hardest task in any business is acquiring the first sale. Make sure that capturing customers' name and email addresses are the least information gathered from a sale. With that information in hand, follow-up with existing customers, probably through an automated mechanism like timely autoresponder.
This effort has been proven to decrease refund on products and increase customers' satisfaction. Every once in a while, mention a related product that might be of interest to the customers. Write a review and provide real results. Such promotion is extremely inexpensive, but very effective in practice. The product can be anything, including an affiliate program.
3. Use up-sell technique
Just before a customer check out to the payment gateway, prompt for optional upgrade to the better, bigger, or nicer product for a fairly steep discount, preferably not available elsewhere.
A certain number of customers will choose the option, which translates into additional sales, almost without additional effort.
4. Provide discount coupons
Coupons urge customers to come back and shop. Promotional coupons work for both advertising and some forms of joint venture. Customers love to know that they get lower price for what they buy. Coupons make it so real and tangible.
5. Cross-promote with other related products
There is no limit as to how this could be accomplished. Joint venture with other business or even competitors is feasible as long as it brings a win-win situation.
One example would be to give away sample of other product or service as part of the whole package. As long as the sample is relevant to the customer, this promotion could only be seen as an added value instead of pure advertising.
The core of every business is sales. Many of the strategies to increase sales offline are applicable online, but not all of them. On the Internet, everybody can effort to fail fast and learn from it. Better still, after years of testing and tracking what works online, people can just learn from other people's experience and cut the learning curve tremendously.
Here are 7 of the surefire ways to increase sales:
1. Establish a sound affiliate program
If it is just another affiliate program, then don't expect to have different results. Focus on building a sound affiliate program, with the tools and materials to support affiliates to promote a program easily. After all, affiliates work like clockwork and should be seen as a team. Provide them with the right promotion tools and they will more likely promote the program.
Give the customers an option to join the affiliate program after purchase. Satisfied customers are one of the best marketing for any business. Spread the good words through word of mouth. Best of all, they are paid just for doing that.
2. Follow-up after first purchase
The hardest task in any business is acquiring the first sale. Make sure that capturing customers' name and email addresses are the least information gathered from a sale. With that information in hand, follow-up with existing customers, probably through an automated mechanism like timely autoresponder.
This effort has been proven to decrease refund on products and increase customers' satisfaction. Every once in a while, mention a related product that might be of interest to the customers. Write a review and provide real results. Such promotion is extremely inexpensive, but very effective in practice. The product can be anything, including an affiliate program.
3. Use up-sell technique
Just before a customer check out to the payment gateway, prompt for optional upgrade to the better, bigger, or nicer product for a fairly steep discount, preferably not available elsewhere.
A certain number of customers will choose the option, which translates into additional sales, almost without additional effort.
4. Provide discount coupons
Coupons urge customers to come back and shop. Promotional coupons work for both advertising and some forms of joint venture. Customers love to know that they get lower price for what they buy. Coupons make it so real and tangible.
5. Cross-promote with other related products
There is no limit as to how this could be accomplished. Joint venture with other business or even competitors is feasible as long as it brings a win-win situation.
One example would be to give away sample of other product or service as part of the whole package. As long as the sample is relevant to the customer, this promotion could only be seen as an added value instead of pure advertising.
6. Attention Grabbing Advertising
Think about
it...how many advertisements do you hear every day...how about every
hour? Let's face it, we're bombarded with magazine ads, newspaper ads,
TV ads, radio ads, and the Internet is plastered with ads on every site.
Not many of the astronomical number of advertisments stick with us, and
make an impact. How can you make your ad STAND OUT FROM THE CROWD?
" Make a dramatic statement: "Even my dog knows ...."
" Surprise them with the unexpected: "Use for 30 days totally free..."
" Ask a thought provoking question: "Is your current insurance costing you hundreds of extra dollars every year?"
" Use high impact headlines - it's important to snag their attention right away.
7. Reward Referrals" Make a dramatic statement: "Even my dog knows ...."
" Surprise them with the unexpected: "Use for 30 days totally free..."
" Ask a thought provoking question: "Is your current insurance costing you hundreds of extra dollars every year?"
" Use high impact headlines - it's important to snag their attention right away.
Customer surveys that ask 3 basic questions: What did you like best about the product?, How can we improve the value of the product?, and Who do you know that would benefit from the product?
In a nutshell, you are letting the customer know that his needs and opinions are important to you, and that you want to help someone else fulfill their needs too. You'll gain valuable insight into customer satsifaction, provide material for valuable testimonials, and get tips on potential customers.
There are many other tactics to increase sales but above tips have been proven to work again and again. Choose one at a time and take action... you'll be surprised at how easy it is to increase your marketing effectiveness within your current customer audience.
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