Here's how you can boost your earnings through product funnel creation:
1. Know your target market. The first thing that you need to do is to understand the people that you are serving. You need to know their needs and demands so you can easily create products that they will be happy to spend their money on. Create low-end or inexpensive products that you can offer to your first-time buyers. Keep in mind that these people will most unlikely to spend huge amount of money on their first purchase. Also, create middle-end and high-end products that you can sell to your loyal customers.
2. Customer satisfaction. This is the real secret to succeed in product funnel creation. Remember, your goal here is to get your customers to keep on coming back and this will not happen if they are not satisfied with your products or with your service. So, make sure that you give them great value for their money and make it a point to thank them for the business that they are giving you. If needed, go out of your way to impress them.
3. Add to your product line. Never get content with the number of products and services that you offer. The more you sell, the higher your profits. Anticipate the pre-needs of your target market and create products that will address these. By doing so, your client base will not have a valid reason to go your competitors as you can offer everything that they will ever need.
4. Promote customer loyalty. Set up a customer reward program where your clients will get exciting freebies for being loyal to you. This is one of the best ways to entice them to come back over and over again.
by sean r mize
