In online sales, you need to design a correct strategy for perspective customers to progressively work throughout your revenue cycle. On your product creation strategies you need to consider using some type of step-by-step guide to develop a proper earnings for work clients to buy your increasingly higher priced products.
I this article will go over some ideas about utilizing your sales funnel for people to your high ticket item (versus just with a sales funnel to progressively sell higher value (and cost ) items.
Review of Basic Sales Funnel Theory
The basic idea of a funnel is that of developing a development of increasingly more expensive products.
clickfunnels review of earnings funnels suggests that individuals become more closely acquainted with you and your products as time passes and will buy more expensive items over time. The funnel facet of it comes from the idea that as you go up in price the proportion of prospects who purchase the more expensive merchandise goes down.
The notion is that many will’purchase’ a free item, a specific proportion of these will purchase a $10 item, a certain proportion of those will buy a $50 item, and so on.
This sales funnel is the earnings process where I have grown my business to a $20,000 and monthly internet business.
But over the past month I have been experimenting with another application of the funnel theory, and have revealed strong initial results.
Reverse Revenue Funnel
This application of revenue funnel concept is based on the idea of a reverse sales funnel. A reverse sales funnel would be a funnel in which you would introduce the prospect to the highest – priced merchandise in your funnel , then if they don’t obtain the higher priced product, offer a lower priced product to them.
1) Some people will purchase the higher priced merchandise early on – so why go through the procedure of progressively increasing value and price, once you can sell the maximum ticket item first?
2) By exposing your prospects to a high ticket item first, you create a different psychological mindset for the prospect. An prospect whose initial impression of you entails reading a sales page for a $5000 product is going to view you, your caliber, along with your standing differently when compared to their initial impression of you was a $10 ebook.
If you are out to entice prospective clients and develop your internet presence and vulnerability, you owe it to yourself and the financial future of your business to learn all you can about Internet advertising.
Want to learn more Internet marketing techniques about how best to construct a successful businesses on the web?