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Profit Explosion |
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Submitted by Writer's Cramp Syndications
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Being a web developer when you mention the backend, you immediately think of database and content management system. In this article well talk about the backend in a different light. The major source of profits from your online enterprise and you dont have to be technical to implement what you learn.
The backend refers to the income generated from the people that bought your initial product by purchasing from you again and again. The backend is where most of the money is made online. Getting the first sale is the most challenging part, once youve made your first sale, the customer will now how much value youre adding into their lives. A lot of marketers are happy to make the first sale with little or no profit because they realize the potential for profits in the backend. You can email your customers whenever you want and when you create a new product, theres an instant explosion of sales.
Heres an example, lets assume you have a product that sells for $49 and you move 10 per week. After 6 months thats a tidy profit of $12 740. Lets say you launch a new product that sells for $97 and send an email to all the people that bought your first product mentioning a 3-day only sale
If 20% (a reasonable proportion) bought your next product, thatll be 52 people buying a product at $97, youd make $5044 in just a few days. Thats over 10 weeks of normal sales in just 3 days, spectacular!
Now what you can do, is pre-program an autoresponder so that those people who now buy your first product after a few days have the opportunity to buy your second product. Thats a automatic system to upsell your customers and improve the amount of sales per visitor to your website. Initially, focus on that first sale and this knowledge will no doubt prove profitable.
Hope you received useful information in this article.
Click for Details --> Customer Generating Machine <--
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LinkedIn Recommendation:
Maggie Steck - Associate Broker at Georgia Elite Realty - Teo is a highly reputable, very ingenious information architect and marketing expert. We are currently working together to help bring the latest technology for creating leads, prospects and customers to small, medium and large businesses. I highly recommend Teo for anyone that may need advertising, website design or custom web applications. - January 15, 2011, Maggie was with another company when working with Teo at Net-Teams, Inc. |
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