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Posts Tagged ‘digital’

How to Upsell With Extended Benefits

Road helpToday, mar­keters are scram­bling to find ways to increase cash­flow. Some will try to find new prod­ucts to sell. Oth­ers will try to drive more traf­fic to their exist­ing sales pages.

How­ever, one area most peo­ple tend to over­look is the abil­ity to increase their cur­rent sales by upselling their cus­tomers the moment they checkout.

But I’m not refer­ring to one-​​time offers or addi­tional prod­ucts offered in the same sales fun­nel. I’m talk­ing about offer­ing cus­tomers the abil­ity to upgrade their purchases.

I pre­fer “upgrade” rather than “upsell” because the lat­ter has received a bad rap of late due to a few overzeal­ous or unscrupu­lous marketers.

Sell­ing “upgrades” is an area that can become prof­itable for many busi­nesses in increas­ing their exist­ing sales. It’s by sell­ing extended ser­vices or ben­e­fits pack­ages before or at the time of check­out, also known as the “extended warranty.”

There are numer­ous ways to sell extended war­ranties (or what I pre­fer to call “extended ben­e­fits”). These silent profit cen­ters exist in almost any busi­ness, which can increase the size of a customer’s pur­chase by 50%, 100%, even 200% or more.

Very often, the sale of these extended ben­e­fits have higher profit mar­gins, too.

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Secrets of a 10% Conversion Rate

Secrets of a 10% Conversion Rate

New! Paul Hancox combines direct selling and copywriting techniques to produce online conversion rates as high as 10%. His 127-page report shows you how. Click for more »

Digital Scarcity: Does It Still Convert?

iStock 000001232792XSmall 150x150 Digital Scarcity: Does It Still Convert?Scarcity is an effec­tive tac­tic often used in copy­writ­ing to cre­ate a sense of urgency in an effort to con­vince the unde­cided reader to make a pur­chas­ing decision.

After all, peo­ple pro­cras­ti­nate, and they do for a vari­ety of rea­sons. It’s sim­ply human nature. So the goal of apply­ing scarcity is to pre­vent prospects from pro­cras­ti­nat­ing.

As online con­sumers become wise to these direct-​​response copy­writ­ing tac­tics, one ques­tion often arises:

“What about dig­i­tal prod­uct down­loads, like ebooks and soft­ware? How can you cre­ate a sense of urgency for some­thing that, in itself, is lim­it­less or per­ceived as such?”

Here’s how to use scarcity sell­ing effec­tively with dig­i­tal products:

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Confessions Of A Website Copywriter

Confessions Of A Website Copywriter

New! Possibly the Internet's best copywriting ebook on how to write proven sales copy for the Internet, from writing and web design, to testing. Highly recommended! Click for more »