“It seems like people don’t want to spend money”

7Comments

online-business-people-dont-want-spend-money1A subscriber told me she was having problems selling her own products and also affiliate products (products of others that she would get a commission on). When I asked her why she thought she was having these problems, she answered:

“it seems like people don’t want to spend money.”

I thought I would share with you the answer I gave her.

I think everyone experiences this. Here are some thoughts:

  • You need to make a compelling case for buying–why is this the solution to their problem?
  • Your offer needs to be irresistible–it must seem more valuable than the cost
  • Of course, you need to sell good products
  • Since you have your own products, see if you can get affiliates to promote you. They might do a better job of it!
  • Survey your list and ask them what they need. What are their problems? Then promote around a solution to those problems.

Actually, people DO want to spend money…

Read More

by Ellen Finkelstein

2 ways to promote products: Ongoing vs a launch

0Comments

online-business-launch-1Obviously, you have to promote your products. But how? One aspect is the media and partners you use. The other aspect has to do with timing. From that point of view, you can promote your products in 2 ways:

  • Ongoing: You can continually market your products in autoresponders, on your website, in emails and with ads
  • Launch: You can create a big fuss about a product over a short period of time (the launch period), sell it, and then close sales

How do you decide how to promote your products–ongoing vs a launch?

Why choose ongoing promotion?

If you have products and services that you want to promote all the time, for a continual income flow, then use this option. For ongoing services, such as 1-on-1 coaching, you’ll almost always use this option. The same applies for low-cost products, because the effort of the launch isn’t worthwhile.

Here are ways to promote your products and services all the time:

  • Put a call to action for one of them at the bottom of every regular newsletter
  • Regularly promote one of them in a one-off email that’s only about that product/service
  • Put ads for your products and services on your website
  • Regularly remind affiliates that they can promote your products and services at any time
  • Have a sales page for each product and service that visitors can easily find. If you have a number of products, have an e-store page that lists them all, with links to each individual product’s sales page. You should also have a Services or Coaching menu item that describes your services.

Why choose a launch?

Read More

by Ellen Finkelstein