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5 Ways To Boost Your Sales Without Increasing Marketing Expenses by Akinife(m): 4:09pm On Oct 18, 2013 |
We all are looking for ways to increase our sales. That's a given. But we don't necessarily want to spend more marketing dollars to do it. Many times people will start additional businesses or switch over to a new niche because they weren't making enough in the niche they were in. However, that may not be necessary. Let's look at some ways you can boost your sales without increasing your marketing expenses. • Upsells/Cross-Sells - Using upsells and cross-sells in your business can bring in a higher amount of money. When someone buys one of your products, offer them a higher-priced version of the same product or a related product. The higher priced version of the same product might include coaching. An example: someone buys an ebook from you on eating healthy. Before the final check out, offer them the same ebook plus coaching for a higher price. Or, offer them a related product, such as a cookbook of healthy recipes. Many times people will take you up on your upsell offer, and you have just increased your sale amount. • Joint Ventures - Find some joint venture partners that will promote your product to their subscribers for either a share in the revenue earned, or for a reciprocal promotion of their product to your email list. • Start an Affiliate Program - Recruit your own sales force in the form of affiliates. Set up an affiliate program where people who sign up will receive commissions on any sales of your products they promote. You have the potential to make a huge increase in sales when you're not doing all the work alone. • Keep in Contact with Previous Customers - People who are already customers are much more likely to buy from you again. Keep in touch with them and let them know when you come out with any new products that relate to their previous purchases. • Offer a Guarantee - People are much more apt to buy a product if they know they can get their money back if they are unhappy with it. How will this increase sales? Most likely, you will gain many more sales than the few refunds you have to make. People want assurance before they buy. If you notice, none of the above strategies cost you any more money, except for the basic cost setting up an affiliate program. Here's to more sales! http://naijamoneyclass.com/5-ways-to-boost-your-sales-without-increasing-marketing-expenses/ |
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