Internet Product Sales Strategy- Create A Sales Funnel

Friday, September 3rd, 2010 at 9:04 AM

Turning You Into A CB Super Affiliate Almost Overnight!

Do you have a good Internet product sales strategy that involves creating a sales funnel?

Here are 6 steps to getting your funnel set up to make money online.

1. The first thing that you need to do is to get to know your potential clients. Identify their needs, demands, problems, questions, and the things that they would like to learn about.

These elements will help you easily figure out the kinds of products that these people really need. You may opt to spend quality time with them on relevant discussion boards, forums, and blogs. You can also maintain an ongoing dialogue with them through email exchanges.

2. Do your research. Knowing your potential clients will empower you to identify the best products to create.

However, before you develop your creations, you must do another research first. This time to determine the available supply in your chosen niche.

How many marketers are selling similar products? Is the demand more than the supply? You will need to know these as they can directly impact your sales and revenue.

3. Create series of products. If your research suggests that your products will sell like hotcakes online then, start developing your products.

Fill your funnel with low-end (ex. Ebooks), middle-end (CD series), and high-end products (one-on-one coaching) to address the varying needs of your potential clients.

4. Establish your expertise online. If you want online users to do business with you, you will need to earn their trust first.

You need to give them an assurance that you can offer them the kind of products/information they need. Make them feel that you are truly knowledgeable on your chosen niche by sharing with them a slice of your knowledge through Webinars, article marketing, forum posting, blogging, and ezine publishing.

5. Advertise your products. Conceptualize a very aggressive marketing campaign to properly promote your products online.

Make use of all the effective advertising tools that can help you connect with your potential clients. Ensure that your marketing strategies are targeted and focused so you can avoid wasting money for your advertising cost.

Use blogging, email marketing, social media, and article marketing to get your business online all over the place. This is something you can do on your own or you can outsource this part of your business. The key thing to know is without advertising and promotion you can not compete online.

6. Offer discounts. You can boost your sales by up to a hundredfold if you can offer your potential clients with amazing discounts as this will make them feel that they are getting way more than their money’s worth.

Developing an Internet product sales strategy around a sales funnel is smart for any business owner to do. Now you know the steps to do it for your online home business.

Jeff Schuman is the owner of Hands Off Article Marketing and Team-Schuman.com They help people make money online and make money at home.