08 Mar 2008 11:59:11 | Catherine Franz
The number one concern for Internet sales is your marketing list
-- in other words, your audience.
But...but...but...you’re saying, products for sales is a must
too, however, if your list is nonexistent, small or loosely
targeted, having a product isn’t going to help much. There just
will not be any success.
Yes, I know this is confusing. You need a product to attract. By
the way, I am using product interchangeably to mean services too.
This almost feels like the chicken and the egg story – which
came first. So, what do you do first?
You can’t create or increase a mailing list without a "what’s in
it for them to be attracted to you for."
Now I’m not talking about buying lists but about opt-in focused
lists.
Step 1: Know what your target market (audience same thing) wants
and they already have their wallet open and ready to buy.
Step 2: Create a product to answer that want and match their
wallet. Create a product that contains 100% they can know
everything about a small segment of that want.
Step 3: Now that you have 100% of that pie. Cut off a small
piece of pie -- about 10%. Make that 10% into a 100% everything
on that piece. Create a 100% product of this 10%.
Step 4: Cut 25% of that 100% of that 10% (say this out loud if
you didn’t get it) and designate that as freebie information.
Then designate 50% for a product to sell and the other 25% for
consulting or a service that costs them a higher price. An
alternative is to create a product with the total 75% and charge
them a higher price.
This strategy is one that is not wide spread and a well-kept
secret by the InfoGurus. It is even a guarded secret, and guess
what, I’ve just broken their secret. I am an InfoGuru and I
don’t mind sharing this model. It is the missing arial view that
no one seems to want to write about -- unless, of course, it’s
in a product that sells for big dollars.
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About Author :
: Catherine Franz is a 30-year marketing
industry veteran and Marketing Strategist, a Certified Business
Coach, Certified Teleclass Leader and Trainer, speaker, author.
Additional eNewsletters, tips and articles are available at:
http://www.abundancecenter.com Catherine: 703-671-5677