Showing posts with label sales funnels. Show all posts
Showing posts with label sales funnels. Show all posts

Wednesday, October 2, 2019

Why Sales Funnels Are The Next Thing In Affiliate Marketing



The term "Sales Funnel" might be new to you. It's a marketing technique that's been around for decades in the offline world. It's also a technique that's been routinely used by product sellers online.
It's a way for a seller to make more money from the people who visit their site.
What's new is that affiliate marketers are now also starting to use sales funnels to boost their own earnings.
There are two general types of sales funnel:

1. The Multi-Product Funnel
There's the funnel that's always used on the likes of JVZoo, Warrior Plus and sometimes on ClickBank.
This is where you buy a low-priced front-end product and are then subjected to a variety of upsells and one-time-offers that are designed to part you with more of your money.
The goal of this type of funnel is to sell you multiple products in quick succession before you really have time to consider your options.
The offers often have timers showing how little time you have left to make a decision or you're told that limited quantities are available.
2. The Single Product Funnel
The second type of funnel is geared around selling you a single product.
The purpose of the funnel is to repeatedly expose you to the product and explain why it will be useful, if not essential, to you or your business.
This is often achieved by attracting a visitor to sign up to get a free product and then sending them a series of emails describing the benefits of the product you're trying to sell them.
A less common tactic is to provide free training and information to prospects regardless of whether they end up buying or not.
Sales Funnels In Use
If you've ever bought anything in the Make Money Online niche, you've already been exposed to the multi-product sales funnel.
They can often leave a bad taste and you end up feeling like you've been hounded into spending a lot more money than you intended. That can build some resentment in you.
If you recognize that feeling, is that something you'd want to bring out in your own customers?
Don't forget that those who look at your offers are real people, not credit cards with legs.
Treat your potential customers just like you'd like to be treated by a seller.
That's why I prefer the second type of funnel.
There's no hard sell involved. You're giving your prospects something free to entice them in the door.
From there, you start introducing them to your offer and why it might be a good fit for them.
You're trying to persuade them that what you're offering will make their lives easier or solve a problem for them.
If they buy, then they've made the decision to buy.
You haven't forced them to make the decision by using some false scarcity tactics like a countdown timer or saying only a limited number of copies are available.
Because a prospect has made the decision to buy on their own terms, they'll feel much better about their buying decision.
You'll have earned their trust and you can use that to further build your relationship with them so that you can market other offers to them more successfully in the future.
So How Does This Tie In With Affiliate Marketing?
In general, affiliate marketers are given access to affiliate links and resources like image ads and emails that they can send out.
These are used to drive traffic to an offer.
However, when a prospect buys or signs up on a squeeze page, they go onto the sellers' email list, not the affiliates.
That means that the affiliate has lost access to that prospect forever and it's the seller who can market to that customer time after time.
The better affiliate networks will also pay affiliates on products that are in a seller's sales funnel.
So yes, you can earn commissions on multiple products.
But what you, as the affiliate, don't know is if the seller is offering products that are not in the "public" sales funnel to people on their list.
So you could be missing out on commissions as a result.
Typically, a sales funnel starts out with a low-priced product, offers higher-priced products in the funnel, culminating in one or more high-ticket products at the end of the funnel.
This tends to be where sellers make the bulk of their money. It's far easier to sell one high-ticket product than tens of low-ticket ones.
The seller is quite within their rights to market products that you won't earn a commission on.
After all, they own the email list that the buyers are now subscribed to.
So, to counter this, affiliate marketers have been creating their own sales funnels.
They select the front-end product, the upsells and any high-ticket products to promote.
These can all be from different sellers. But you, the affiliate, may think that some products complement each other better than the products in a seller's own funnel do.
Yes, the prospect will be exposed to each seller's funnel as well as the affiliate's.
But the affiliate knows that a sale of any product in their own funnel will generate a commission.
That said, I still think that the Single Product funnel is the better approach from a customer-relationship point of view.
If a prospect ultimately does not buy into your offer, you still have them on your email list. And now it's time to promote a different offer to them.
You can market to these prospects as often as you want, as they're in your email list.
So the greatest advantages of building your own sales funnels are:
  1. You get to add prospects to your own email list
  2. Your email list is a business asset you fully own. Its usefulness doesn't depend on the whims or algorithm changes of Google, Facebook or whoever.
  3. Email marketing is still the best way to make money online.
  4. You can market to your subscribers as often as you want.
  5. You can build your own unique sales funnels, combining products from a variety of sellers
As an affiliate marketer, you should never send people directly to an offer. You're basically giving sole access to that person to the seller.
You should always send people to a squeeze page first - one that you own - and it's only after they sign up there that you send them on to your affiliate offer.
This way, you've captured their email address and they are now part of your 100%-owned business asset - your email list.
How Do You Build A Sales Funnel?
If you use WordPress, there are plugins that will build squeeze (opt-in) pages and other types of funnel pages for you.
But creating an actual sales funnel is not the easiest. These plugins are great at creating individual pages rather than an entire funnel. It can be done, but you need to be very organized and keep track of how each page relates to another.
Another approach is to use a service like Clickfunnels that's designed exclusively for building sales funnels. There's a link to a review in my bio below if you want to know more.
With a service like this, you don't even need your own website. The tool can do everything for you.
I hope you now see the advantages of creating your own sales funnels, whatever tool you end up using to create them.
Gary Nugent has been a full-time affiliate marketer since 2004 and runs a number of blogs in the internet marketing niche as well as a blog building service. His Clickfunnels review is here. If you're an affiliate marketer, consider building a passive income by promoting Clickfunnels, like he does.

Monday, August 26, 2019

What Is An Online Sales Funnel?

What is a Funnel and How Do They Work?
When the word funnel is mentioned I usually visualize a car with the hood opened and an oil funnel in the picture. I'm not the only one, I know because a number of people have asked me to explain what a marketing funnel is. The subject gets many confused and a bit discouraged but it need not be so.
A marketing funnel is really very simple and some make it more complicated than it needs to be. Actually, the best and most successful funnels have only 3 steps and are very simple. The more steps that are added leave a better chance that the viewer will not finish the process designed to get them to a certain end result.
The end result, or goal, of the funnel, can be a number of things including a sale, an opt-in, a phone call, a sign-up, or lead. These are called conversions and are the end result of the funnel.
A website is a funnel even if someone doesn't understand just what a marketing funnel is. Someone sets up their site with the intentions of drawing traffic to their site for a specific purpose, let's say to purchase a product. They might see an advertisement ad on another site and click on it to get to the someone's site. The visitor reads some of the website content and clicks to go to the next step or to make a purchase.
That's typical of a sales funnel and sounds really simple, right? There are said to be over 2 billion viewers online and any website owner would love to get as much of that traffic coming to their site as possible.
Through various outreach campaigns on social media sites and forums, articles written, podcast, videos made, or a webinar, the site owner draws traffic into the funnel that travels through the website page and a percentage will click to proceed and the rest will move onto something else.
That is how simple a funnel is and as mentioned, the end result or goal can be to get an email address, get the visitor to click something, or to make a purchase, each is considered a conversion.
There are funnels that have more steps depending on what the design of the funnel is for the visitor but the fewer steps get better results.
How do they work?
Think of yourself as a tour guide leading visitors onto and through your website and leading them where you would like them to go and to do what you would like them to do. The site owner tries to direct them to click here or go there and see a great product that will enrich their lives in one way or another.
So website owners are like tour guides on their own websites and it's best that they understand drawing viewers into a funnel, their website, and being a tour guide leading them to the goal, or point of conversion with every page.
The Components and Tools Needed for a Funnel
The very first thing needed for a funnel is an idea. An idea could be for a video, a blog post, podcast, audiobook, a presentation, a free offer, or a webinar.
Another thing that's needed is a desired goal or end result, whether it be a sign-up, a sale or something else. Then figure out how to get the desired end results starting from the idea.
Figure out what you want your site visitors to do. What's the purpose of the site? Determine what your funnels end result is and then you can design the pathway toward the end result.
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Wednesday, August 21, 2019

Why Targeting Is Pretty Much Everything For Your Sales Funnel

If you're planning to make money through a sales funnel, then by far and away the most significant thing to start thinking about is your targeting. In other words, how are you guaranteeing that it's the right person who is getting your autoresponder messages? In which way are you ensuring that the subscribers who find their way to start of your sales funnel are the right kinds of prospects?
This is what's called 'targeting' and it is genuinely the difference in earning substantial cash and making no money whatsoever.
The most effective way to demonstrate why targeting works really well is to think about sales. In sales, you have the individuals who start out their professions cold calling and selling things like training courses. These are individuals who will be picking up the telephone and trying to promote something expensive to a random stranger.
Now, some individuals will be very good at that and those people will probably be the ones who succeed. As they improve, they will be offered better and better jobs within their company and sooner or later this will lead to them generating big money.
What's the best position?
Selling to well-qualified prospects who have a lot of cash. Consider this: if you're able to promote something to strangers who probably haven't got much money, it will be easy to market to affluent people who have already told you they want to buy!
This is the concept that product sales is based on and it's how you're going to make sure your business is prosperous when you're making use of a sales funnel.
Because the equivalent with a sales funnel is simple and easy - this would mean locating targeted prospects and sending them to your site. It means finding people who are showing an interest in your specific niche, who are the right age and sex and who have the right income.
How?
With the help of PPC of course! PPC stands for Pay Per Click and this is a type of marketing where you only pay each time a person clicks on your ad. PPC ads can be placed either on Google searches (through Google AdWords) or they can be put on Facebook, where they will target people according to not only their age, sex and location but also on their hobbies, interests and job title!
If you can carry this out, then you can find the exact kind of individual who is likely to purchase from you and then make sure that these are the individuals who start their journey through your sales funnel. That way, you are destined to succeed!
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Facebook Marketing Strategy: Crush 2019 with Facebook Sales Funnels

Wednesday, August 7, 2019

What is a Sales Funnel? And How To Create One that Actually Makes Money

Why Sales Funnels Are The Next Thing In Affiliate Marketing

The term "Sales Funnel" might be new to you. It's a marketing technique that's been around for decades in the offline world. It's also a technique that's been routinely used by product sellers online.
It's a way for a seller to make more money from the people who visit their site.
What's new is that affiliate marketers are now also starting to use sales funnels to boost their own earnings.
There are two general types of sales funnel:
1. The Multi-Product Funnel
There's the funnel that's always used on the likes of JVZoo, Warrior Plus and sometimes on ClickBank.
This is where you buy a low-priced front-end product and are then subjected to variety of upsells and one-time-offers that are designed to part you with more of your money.
The goal of this type of funnel is to sell you multiple products in quick succession before you really have time to consider your options.
The offers often have timers showing how little time you have left to make a decision or you're told that limited quantities are available.
2. The Single Product Funnel
The second type of funnel is geared around selling you a single product.
The purpose of the funnel is to repeatedly expose you to the product and explain why it will be useful, if not essential, to you or your business.
This is often achieved by attracting a visitor to sign up to get a free product and then sending them a series of emails describing the benefits of the product you're trying to sell them.
A less common tactic is to provide free training and information to prospects regardless of whether they end up buying or not.
Sales Funnels In Use
If you've ever bought anything in the Make Money Online niche, you've already been exposed to the multi-product sales funnel.
They can often leave a bad taste and you end up feeling like you've been hounded into spending a lot more money than you intended. That can build some resentment in you.
If you recognize that feeling, is that something you'd want to bring out in your own customers?
Don't forget that those who look at your offers are real people, not credit cards with legs.
Treat your potential customers just like you'd like to be treated by a seller.
That's why I prefer the second type of funnel.
There's no hard sell involved. You're giving your prospects something free to entice them in the door.
From there, you start introducing them to your offer and why it might be a good fit for them.
You're trying to persuade them that what you're offering will make their lives easier or solve a problem for them.
If they buy, then they've made the decision to buy.
You haven't forced them to make the decision by using some false scarcity tactics like a countdown timer or saying only a limited number of copies are available.
Because a prospect has made the decision to buy on their own terms, they'll feel much better about their buying decision.
You'll have earned their trust and you can use that to further build your relationship with them so that you can market other offers to them more successfully in the future.
So How Does This Tie In With Affiliate Marketing?
In general, affiliate marketers are given access to affiliate links and resources like image ads and emails that they can send out.
These are used to drive traffic to an offer.
However, when a prospect buys or signs up on a squeeze page, they go onto the sellers email list, not the affiliate's.
That means that the affiliate has lost access to that prospect forever and it's the seller who can market to that customer time after time.
The better affiliate networks will also pay affiliates on products that are in a seller's sales funnel.
So yes, you can earn commissions on multiple products.
But what you, as the affiliate, don't know is if the seller is offering products that are not in the "public" sales funnel to people on their list.
So you could be missing out on commissions as a result.
Typically, a sales funnel starts out with a low-priced product, offers higher-priced products in the funnel, culminating in one or more high-ticket products at the end of the funnel.
This tends to be where sellers make the bulk of their money. It's far easier to sell one high-ticket product than tens of low-ticket ones.
The seller is quite within their rights to market products that you won't earn a commission on.
After all, they own the email list that the buyers are now subscribed to.
So, to counter this, affiliate marketers have been creating their own sales funnels.
They select the front-end product, the upsells and any high-ticket products to promote.
These can all be from different sellers. But you, the affiliate, may think that some products complement each other better than the products in a seller's own funnel do.
Yes, the prospect will be exposed to each seller's funnel as well as the affiliate's.
But the affiliate knows that a sale of any product in their own funnel will generate a commission.
That said, I still think that the Single Product funnel is the better approach from a customer-relationship point of view.
If a prospect ultimately does not buy into your offer, you still have them on your email list. And now it's time to promote a different offer to them.
You can market to these prospects as often as you want, as they're in your email list.
So the greatest advantages of building your own sales funnels are:
  1. You get to add prospects to your own email list
  2. Your email list is a business asset you fully own. It's usefulness doesn't depend on the whims or algorithm changes of Google, Facebook or whoever.
  3. Email marketing is still the best way make money online.
  4. You can market to your subscribers as often as you want.
  5. You can build your own unique sales funnels, combining products from a variety of sellers
As an affiliate marketer, you should never send people directly to an offer. You're basically giving sole access to that person to the seller.
You should always send people to a squeeze page first - one that you own - and it's only after they sign up there that you send them on to your affiliate offer.
This way, you've captured their email address and they are now part of your 100%-owned business asset - your email list.
How Do You Build A Sales Funnel?
If you use WordPress, there are plugins that will build squeeze (optin) pages and other types of funnel page for you.
But creating an actual sales funnel is not the easiest. These plugins are great at creating individual pages rather than an entire funnel. It can be done, but you need to be very organized and keep track of how each page relates to another.
Another approach is to use a service like Clickfunnels that's designed exclusively for building sales funnels. There's a link to a review in my bio below if you want to know more.
With a service like this, you don't even need your own website. The tool can do everything for you.
I hope you now see the advantages in creating your own sales funnels, whatever tool you end up using to create them.
Gary Nugent has been a full-time affiliate marketer since 2004 and runs a number of blogs in the internet marketing niche as well as a blog building service. His Clickfunnels review is here. If you're an affiliate marketer, consider building a passive income by promoting Clickfunnels, like he does.

Saturday, August 3, 2019

Here Are 6 Simple (Not Easy) Steps to Profitable Internet Marketing

I'm feeling rested because I took the week off from working out. My body has gone through some rigorous training the last couple of months and I just felt exhausted.
That's usually a sure sign to just take it easy.
My younger self would have just pushed it and probably got hurt. I'm older and wiser now, over the years I've learned to listen to my body. Especially, when it comes to lifting weights.
The weights are merciless.
It'll break you if you're not careful.
Yesterday, I covered the 7 powerful strategies to implement before you start Internet Marketing for your local brick-and-mortar, e-commerce and start up business.
These are areas the majority miss the boat on and it costs them in money and time.
My intention with yesterday's article was to help you get up to speed quickly without making costly mistakes. Click here to read yesterday's article.
A client asked me earlier this morning: Eric, if you were to distill down the most important steps to start profitably Internet Marketing, what would they be?
I thought the answer to this question to be the perfect follow up to yesterday's article because it's scary when you first start Internet Marketing. I know from personal experience.
Not to mention a little bit intimidating. However, if you follow these six steps, you can begin Internet Marketing with a solid foundation.
A solid foundation is key to growing a successful business that leverages proven 21st century marketing strategies and technology.
Here are 6 simple (not easy) steps to profitable Internet Marketing:
1. Decide on an Internet Marketing (IM) model. There are 3 proven IM models you can deploy now.
Tomorrow, I'll go deep into these IM models that are proven time and time again to work like gangbusters!
You'll then be able to decide which model to deploy that suits your style and unique talents.
For now, let me give you a quick introduction to these IM models so you can get started in the right direction:
First, there's Affiliate Marketing that involves promoting someone else's product or service for a significant share of the sale.
Typically, most affiliate programs are commission based.
The second IM model is Info-Product Creation where you create a digital product such as an eBook or multi-media course. Your content is protected in a membership site.
Third, there's Service-based models that involves you providing a service. The service can be delivered online or offline but you're advertising and marketing that service online.
Dahl Integration Marketing is a great example of all these IM models.
We have our own Info-products that we promote, we also promote others products and services.
And we have our own Funnel Vision Method suite of services that helps businesses grow their lead, customer and patient base.
Fourth, you can sell products using online shopping centers such as Amazon and eBay.
2. Decide what you want to sell. After choosing an IM model you prefer, it's time to decide what you want to sell. Let's use affiliate marketing as an example.
What product or service do you want to promote? ClickBank.com ( http://www.clickbank.com ) has tens of thousands of digital products that you can promote as an affiliate.
You can promote e-business products, health & fitness, spiritual products and more. The best way to decide on what to sell is to start with your passion.
What are you passionate about?
What is it that really drives you to get up in the morning?
From my experience, you'll find out that pursuing something you actually love (or interested in) makes it a lot more fun and interesting.
If you're going to go the "services" route, you need to decide on what you want to offer as a service.
Are you good at writing?
How about designing?
If you're already an established business offline, like many of my clients, then consider taking your proven service online.
3. Create or prepare your offer. Let's say you go the product creation route. The next step is to create your product.
If it's an eBook you're creating, either write it or outsource the writing (more on this topic will be explained in later articles).
As a general guide, if you have time, create the product yourself. On the contrary, if you don't have time, outsource it. Both paths have its own pros and cons, but I'll explain more in later articles.
If you're promoting a service then all you need might be a simple sales page. Obviously, without exposure you won't make any sales, so you need traffic.
Follow these next 4-6 steps to make sure your business thrives with more leads, clients, patients and referrals effortlessly...
... Contrary to popular belief successful Internet Marketing goes way beyond just maintaining your website.
It's also about growing your business strategically so you can EXTRACT profits in the long run. Here are three essential steps to follow to ensure your business stays profitable while you make the offline-to-online transition.
4. Attract More Traffic. No, this doesn't involve driving around town avoiding city traffic. The term means increasing the number of times people come to your website through searches and links on other sites, because they're looking for the products and services you have to offer.
This requires you to find as many ways of attracting traffic as you can. There are never any guarantees that one method for getting traffic, will even work, let alone, work well enough to bring in plenty of extra business or keep working long-term.
Diversification is the name of the game when it comes to traffic generation.
You can use:
Article marketing
Email marketing
Pay-per-click advertising
Solo ads
And other methods to help get more people to check out your offers and hopefully become leads and ultimately loyal customers.
NOTE: If you're interested in mastering traffic, I recommend you purchase one of our best-selling products, Internet Traffic Mastery.
5. Make sales.
PRO TIP: Once you have people visiting your sites, send new traffic to a landing page (I'll share more on this strategy in later articles).
You'll start seeing sales happening as people find you through your digital advertising methods and join your email list.
The success you experience will depend on how consistently you advertise and market your business. Repeat customers are the best so always look after every client you attract.
Eventually you should start to make regular sales but it won't happen overnight. You have to give yourself time to build your pipeline.
For instance, just having 20 people on your list, although a great start, isn't going to lead to serious success.
It's the consistent additions to your list over time, that'll lead to serious success...
... Levels of success you can't even dream of...
... until it happens to you!
Stay consistent my friend!
6. Keep your clients coming back for more. Making the right first impression on your clients will get you that first sale.
It's critical to take good care of current customers because it's far easier to keep a customer, than to acquire a new one.
Do everything you can to outperform your competitors, in every possible way, so that your customers have no reason to go elsewhere.
In conclusion, I just gave you a taste of how Internet Marketing works and tomorrow I'll start a deep dive into the 3 IM models to help you choose the one that suits you best.
I know there's one that will suit your interests and complement your skills.
In reality, the Internet can give you countless possibilities in business and earnings. I'll focus on the most proven ones.
These 3 IM models are known to have launched thousands of Internet businesses all over the world, help startups become successful and scaled local brick-and-mortar businesses...
... to heights you couldn't even fathom.
By the way, if you'd like to take the guesswork out of growing your business online then click here to get the ultimate shortcut.