Tuesday, August 26, 2008

How To Create A Lucrative Product Online

Creating your own product funnel is one of the best things that you can do to make money online. This will help you grow your ebusiness, boost your sales and revenue, and keep your buying customers while you attract new ones.

Here are the 5 fast methods to make money online with product funnel creation:

1. Properly advertise your products. You need to promote your products to as many people as possible so you can attract more interested online users to enter your funnel. You can promote your offerings through free but effective marketing solutions like blogging, forum posting, ezine publishing, article marketing, and through Webinars. If you want a more aggressive marketing approach, you may resort to paid advertising tools like search engine marketing, paid placement, PPC advertising, banner ads, and paid links.

2. Drive more traffic to your website. If you have been running your ebusiness for quite sometime, you must already know that online traffic literally means money in the world of internet marketing. You can drive more traffic to your website by making it search engine-friendly and by building numerous inbound links. You may also promote your website on forums, article submission sites, blogs, social networking sites, and relevant discussion boards.

3. Build your opt-in list. Did you know that 98% of your sales will most likely to come from your follow-up emails? Online users are most unlikely to buy your products the first time they visit your website. So as not to lose their business, ensure that you capture their email addresses so you can build an ongoing communication with them. This can be done by using effective list building tools like squeeze pages, opt-in forms, or by giving away incentives to lure more people to subscribe.

4. Offer incentives, bonuses, and discounts. You can get more people to transact with you if you can make them feel that you are willing to give them more than their money’s worth. Offer them great incentives every time they make a purchase or give them huge discounts just to show them how much you appreciate their business. By doing so, you’ll easily be able to promote repeat business and build a longer trusting business relationship with these people.

5. Solicit feedback. Get to know how well you are doing in the eyes of your potential clients by sending them surveys and questionnaires once in a while. Through these, you’ll be able to know how you can improve your products or your marketing techniques so you can serve these people better.

How To Make Money Online With A Lucrative Product


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