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Today I want to tell you about a ridiculous joint venture offer I recently received, show you a quick traffic tip for stealing traffic from other people’s sales letters, give you a review of a crappy product I bought this week, and play you an amusing subliminal advertising clip. Read the rest of this entry
CPA stands for Cost Per Action or Cost Per Acquisition, and it’s an advertising strategy that’s starting to gain some notice in the online world. If you haven’t heard about CPA or don’t really know what it’s all about, you’re in good company. I venture to guess that a lot of “gurus” don’t know too much about the subject.
So let’s see if we can shed a little light on the subject! Read the rest of this entry
Starting this week, my plan is to produce a weekly online business and marketing podcast. The idea is to provide you with quick marketing tips, news that affects online business, and a little food for thought to get you thinking about how to turn your website into a money-making machine. I’ve posted my notes from the podcast below in case you’d like some to follow along.
Now let’s get started!
I came across a list of really bad website domains and thought I’d share a few of the least raunching ones.
A tourism site for Spain: choose spain.com
Children’s charity: childrens laughter.com
Currency trading site: dollars exchange.com
Computer advice site: experts exchange.com
Lake Tahoe tourism: go tahoe.com
California therapists directory: therapist finder.com
Plant nursery: mole station nursery.com
I guess that just proves that you really need to think about those domains before you buy them!
Apparently North Carolina is trying to pump up their tax revenue and they’ve decided to require out-of-state digital retailers who sell within North Carolina’s borders to be subject to state sales tax. As a result of this new sales tax, Amazon.com severed their relationship with all their associates in North Carolina.
A friend of mine sent me an email he received from Amazon that went out to their North Carolina affiliates. Here’s what it says:
“We are writing from the Amazon Associates Program to notify you that your Associates account has been closed as of June 26, 2009. This is a direct result of the unconstitutional tax collection scheme expected to be passed any day now by the North Carolina state legislature (the General Assembly) and signed by the governor. As a result, we will no longer pay any referral fees for customers referred to Amazon.com or Endless.com after June 26. We were forced to take this unfortunate action in anticipation of actual enactment because of uncertainties surrounding the legislation’s effective date…
In the event that North Carolina repeals this tax collection scheme, we would certainly be happy to re-open our Associates program to North Carolina residents.”
I say good for Amazon. Taxing people for online purchases is going to hurt us all as both consumers and online businesses. I hope all the “big boys” of online retail do the same thing and force state goverments to leave online purchases alone.
Here’s a question that I recently received from a blog subscriber:
“Arvada, can you explain the difference between upselling, cross-selling, and backend selling? Are they all really just the same thing or are they completely completely different? I’m confused.”
Based on a lot of the email and questions that I get, I think a lot of people are confused and don’t understand the difference between upsell, cross-sell, and a backend sale, so here’s a quick and dirty explanation of each term.
After a visitor makes a purchase, but before they’ve actually paid for it, you attempt to upgrade them to a more expensive or more profitable product.
McDonald’s is a perfect example of the upsell when they ask you if you’d like to “super-size” your order. Most people go for the upsell, that’s why a lot of businesses use it.
After a visitor makes their purchase, but before they’ve actually paid, you attempt to sell them a complimentary product. Think of the whole, “Would you like fries with that?” thing and you’ll understand the cross sell. Fast food strikes again!
Back-end sales are when you follow up with your customers at a later time and offer them additional products. In this case, it could be a complementary or related product to something they’ve already purchased from you. For example, if you sold a software program you might want to sell special DVD’s that provide unusual or additional ways to use the software.
When it comes to backend sales, you can also offer products that you believe customers would be interested in, even if they aren’t directly related to the original purchase.
Using any and all of these marketing tactics will improve your income if you learn how to set up your campaigns effectively. You can even use affiliate products to supplement your own offerings.
I thought I’d end this edition of Arvada’s Answers on Podcast Wednesday with an audio clip that I thought was really funny — although it’s got a little bit of basic schoolboy humor in it.
My nine year old son absolutely loved it!
It’s a spoof advertisement for National Bean Month. I bet you can figure out where we’re going here.
Just imagine how many customers you could gain if you could figure out a way to get their attention. This ad would certainly do it!
[You'll have to listen to the podcast above to hear the clip]
And that’s it for Arvada’s Answers on Podcast Wednesday. I hope you enjoyed it and that you’ll take the time to post a comment and let me know what you think of this new podcast format.
I’ll see you next week!
Pre-selling is one of the best things you can learn how to do to sell more of your products and services… and who doesn’t want to do that?!?
It’s also a really excellent way to promote affiliate products to increase your income.
But most people really don’t understand what pre-selling is and how to do it. That’s why I’ve created a simple, no-nonsense report to explain what pre-selling is and how you can use the art of pre-selling to make more money with your website.
Here’s what the report covers:
My straight-to-the-point report shows you how you can increase sales and make more money by learning how to pre-sell for profits!
Simply re-tweet through the form below and get your copy now!
Increase your sales — That’s the one sure way to increase your overall income and many online businesses struggle with the whole idea of increasing sales. That’s why I’ve put together a quick and dirty list of some top notch strategies to increase your sales. Read the rest of this entry
