How To Position Your Offer To Increase Sales

In many cases it can be a wise idea to offer multiple similar packages when selling something. However, instead of offering drastically different offerings, which might make your prospects hesitate more due to not being sure which option to get, you can offer similar options where the “value buy” seems like an amazing deal.

For example, let’s say that you’re selling an SEO service to help websites rank better. If your main offer is a done for you package for $997 where you fix up their site and offer some basic consultations for them too, that can normally seem like a lot of money to some people and can make them hesitate more on if they should buy or not. However, you could offer three options where the “basic” package is for $897 and only includes a report where you identify the issues but don’t fix it for them, the “most popular” package is for $997 and includes identifying and fixing all the issues on top of three free consultation calls, and the “elite” package is for $1,997 and includes everything in the most popular package but also includes unlimited consultation calls for a month.

What this does is that almost everyone thinks that the middle, “most popular” package is the best deal. It’s only a little more than the basic package, but it includes a TON of extra value. Whereas the “elite” package is twice the price but only has some extra consultation calls that most people think they’ll never use. All of a sudden people perceive the $997 option as being cheap and a great deal! The other options aren’t meant to necessarily get sales. They’re simply meant to help make your main offer stand out more.

And by literally writing something like Basic Package, Most Popular, and Elite Package next to the options, you can help them differentiate between them even more and gravitate towards the Most Popular one.

You just have to be crystal clear with them (in bold colors and / or graphics) what the best or most popular options are, and really make it seem like it’d be dumb not to go with the offer you want them to take.

This also has the added benefit of making your “most popular” or “best” option seem cheap when it’s only a bit more than your basic package. If you didn’t have your basic package, they might think that your offer is expensive, but when they see it as being only a tinge more than the basic, their mindset changes from “that’s too expensive!” to “that’s only a bit more than this basic offering here … what a deal!”

So consider offering multiple packages like a Basic, Most Popular, and Elite Package where the value of the Most Popular one seems huge in order to make more people gravitate towards it and see it as a crazy good deal.

For more great marketing and positioning tips to increase your sales, check out this book: 50 Marketing Tips & Tricks Learned After $100 Million in Sales Over 20 Years!.

How Going For The “Big Fish” Deals Can Increase Your Business

Too often business owners try to fight over the scraps. They try to make deals or land sales with anyone and everyone that they can find, regardless of if those deals are barely worth any money to them.

It’s amazing what can happen when you try to go for the bigger clients or choose bigger businesses to partner with. Just a single deal can often make for a very good month (or even year!).

There’s two main ways of doing this. First, you can target more high-end prospects with higher end offerings. By raising your prices and offering more “done for you” services and products, you can try to target the elite buyers instead of focusing on being the low-priced leader barely scraping by. The second way is to try to focus on big “competitors,” or on other business owners who are far bigger than you in a similar market, but not necessarily competing, and then trying to strike a deal with them to sell or promote your offers (for a big cut). If you make this hands-free, super easy, and very profitable for them, you’d be surprised how many are willing to do deals with you.

One way of doing the second suggestion here is by offering to white label your product or service. This is where you allow someone to sell your offer as their own while you do all the work to fulfill it. This can be a win-win for both, as they can get a good cut of the sale for doing virtually nothing except making easy sales for you, while you fulfill the sales, do the support, and make lots of extra sales without having to spend money on advertising or do any marketing yourself. A single big fish deal like this can make an entire business.

One thing that still amazes us to this day is that it’s often just as hard to make a huge sale or business deal as it is to make a tiny sale or business deal, yet the vast majority of people tend to focus on the little fish because they don’t think they’re able to land a bigger deal! This can be applied to almost any aspect of business – whether it be finding big players to partner with, selling high end products / services, or even just being an affiliate for more expensive products! Quite often times it’s just as hard to sell a $5,000 product as it is to sell a $50 product, as long as you’re targeting the right kind of prospects. One just results in you making a lot more.

Try going for the big fish now and then, whether by going after more elite prospects, at higher prices with better offers, or by seeking out big partnerships to do white label deals, where they sell your offers for you for a cut.

For more great marketing and sales tips to increase your business, check out this book 50 Marketing Tips & Tricks Learned After $100 Million in Sales Over 20 Years!.

Pricing Strategies to Increase Your Sales

How can you price your product in a way that psychologically impacts your customer into believing they’re getting a great deal? When people see the difference, between your normal price and your sales price, it influences their decision to purchase. By having a “normal” price listed it creates the impression that the deal they are getting is awesome. They’re getting all this value at a price that is way less than “normal”. People love to believe they are getting a bargain and by listing both your normal and sale price side by side, it highlights the value they’re getting for their money.

For example, when you list your pricing, write it as, “Normally $197 — Only $97 Today!”

You can also come up with reasons to have such discounts listed. These reasons can be mentioned next to the discounted price as well. These could be things like a holiday special, inventory closeout, end of year special pricing, manager’s special, etc.. Any reason works and makes it seem like a legitimate deal that customers have to take advantage of.

Remember, people love a bargain. So create the perception of a great deal by listing your “normal” price next to your sales price (eg, “Normally $197 — Only $97 Today!”). Also consider names for special deals just to have a reason for that deal (like a holiday discount or manager’s special).

For more great pricing strategies, as well as little-known marketing tricks, check out this book: 50 Marketing Tips & Tricks Learned After $100 Million in Sales Over 20 Years!.

How To Position Your Offer To Increase Sales

In many cases it can be a wise idea to offer multiple similar packages when selling something. However, instead of offering drastically different offerings, which might make your prospects hesitate more due to not being sure which option to get, you can offer similar options where the “value buy” seems like an amazing deal.

For example, let’s say that you’re selling an SEO service to help websites rank better. If your main offer is a done for you package for $997 where you fix up their site and offer some basic consultations for them too, that can normally seem like a lot of money to some people and can make them hesitate more on if they should buy or not. However, you could offer three options where the “basic” package is for $897 and only includes a report where you identify the issues but don’t fix it for them, the “most popular” package is for $997 and includes identifying and fixing all the issues on top of three free consultation calls, and the “elite” package is for $1,997 and includes everything in the most popular package but also includes unlimited consultation calls for a month.

What this does is that almost everyone thinks that the middle, “most popular” package is the best deal. It’s only a little more than the basic package, but it includes a TON of extra value. Whereas the “elite” package is twice the price but only has some extra consultation calls that most people think they’ll never use. All of a sudden people perceive the $997 option as being cheap and a great deal! The other options aren’t meant to necessarily get sales. They’re simply meant to help make your main offer stand out more.

And by literally writing something like Basic Package, Most Popular, and Elite Package next to the options, you can help them differentiate between them even more and gravitate towards the Most Popular one.

You just have to be crystal clear with them (in bold colors and / or graphics) what the best or most popular options are, and really make it seem like it’d be dumb not to go with the offer you want them to take.

This also has the added benefit of making your “most popular” or “best” option seem cheap when it’s only a bit more than your basic package. If you didn’t have your basic package, they might think that your offer is expensive, but when they see it as being only a tinge more than the basic, their mindset changes from “that’s too expensive!” to “that’s only a bit more than this basic offering here … what a deal!”

So consider offering multiple packages like a Basic, Most Popular, and Elite Package where the value of the Most Popular one seems huge in order to make more people gravitate towards it and see it as a crazy good deal.

For more great marketing and positioning tips to increase your sales, check out this book: 50 Marketing Tips & Tricks Learned After $100 Million in Sales Over 20 Years!.

How To Make EBook Creation Easier

How To Make EBook Creation Easier
Have you ever written an e-book and it has taken you for ever to write? Perhaps you started it a few months ago and you still haven’t finished? Or maybe it took you so long to finish that the thought of writing another one just does not appeal.
If that is the case then this article will help you to make e-book creation much easier and quicker.
Follow this plan:
  1. If you don’t yet know what topic your product will be about then this is obviously the first thing to decide. Find out what kind of topics your market need help with. Make a list of those topics and then choose one that you know a lot about and would be able to help other people with.

  2. Once you have chosen your topic break that down into as many sub topics as you can think of that people need to know in order to fully understand that main topic.
  3. Now go back to those sub topics and list three steps that someone needs to take to understand that sub topic.
  4. Once you have done that you can then begin writing. Below each of the three steps that you have listed underneath the subtopics just begin writing about those steps. This prevents you from getting overloaded and not knowing where to start by breaking your topic down into smaller and smaller parts.
  5. Once you have finished writing you can check that your e-book flows from one sub topic to the next. When you are happy that it flows you can then assign each sub topic as a chapter in your e-book.
  6. The three steps underneath each sub topic could be a subheading for that particular chapter if that would help the reader.
  7. You then need to add an introduction at the beginning of your e-book which outlines what you are covering and what people can expect to learn from your product.
  8. At the end you need some kind of conclusion or summary chapter with points that people can take away and implement to improve or achieve what they want to.
  9. Now go back and proof read your e-book and ask some other people to read it for you as sometimes when you have written something yourself you don’t often spot errors.
  10. Once you are happy that your e-book read well and there are no errors in it then you can convert it into a PDF document. I use Open Office for this. And then upload that PDF to your website.
If you use this technique for all of your e-book creation you will see that it can be done much quicker and will not be such a daunting prospect.

Writing Your First (Kindle) EBook – 6 DOs 3 DON’Ts

Writing Your First (Kindle) EBook – 6 DOs 3 DON’Ts

The following are some dos and don’ts if you’re thinking of writing (and publishing) an e-book for the first time. My experience comes from writing & publishing two books on Amazon Kindle, plus I’ve shared some knowledge gained from others who have a great deal more experience with eBooks & Kindle, such as Sean Roach and Ryan Deiss.
Firstly, 6 DOs!
#1 Do consider Amazon Kindle
According to a senior Google executive, Amazon is the company that they fear most. Amazon has over 400 million credit cards registered with them. No one else comes close. Why is Google so concerned? It’s that Amazon attracts buyers not browsers.
When it comes to eBooks, Amazon’s electronic publishing arm, Kindle, is one of the most powerful forces in the business. There are now over 100 million black and white Kindle readers and, more impressively still, the new Kindle Fire (which has a colour screen) has sold over 23 million units since July 2012. Not least that, but Kindle books can also be read (for free) on virtually every platform that’s out there. E.g. iPhones, iPads, PCs, Macs, Android etc. It’s no wonder that Kindle is growing at 119% a year.
#2 (Just) Do it!
If you think you’ve got a book in you, I encourage you to ‘Just Do It’. It’s now easier than ever. Once you’ve hit that Publish button, one of the beauties of the platform is that all books are placed at the same level; whether published by you, Simon and Schuster, or whoever!
You don’t even need to have expertise or special knowledge in any given subject… it’s perfectly okay to write as a reporter.
Another plus is that you don’t need to write a large amount. If you can write in the range of 20 to 50 pages, that’s perfect. If you want to write more than that, then consider writing a series of books rather than a single large book (as was the way, further back in history). If you are a first-timer, then the biggest challenge is possibly just that of overcoming the fear to take a risk and look stupid. Everyone gets that to a degree, so, as they say, just feel the fear and do it anyway. (Version One is better than Version None!)
#3 Do it for Fun (and profit too)!
To get going, perhaps start by just writing for fun. Take the smallest of steps and let it grow.
However, if you’re interested in profit too, I have some numbers that you may find interesting. Firstly, the costs to publish are very low. Kindle themselves charge nothing, however, if you want a professional photograph for your cover, you may need to pay a third-party for publishing rights (say $US 10 for a high resolution picture from a stock photo library). Likewise for formatting; if you prefer to not do it yourself you’ll have to outsource, however, the cost for that is very low as well.
Of course, beyond these costs the sky’s the limit if you want a very professional result or the support of a real publisher. However, if you’re just starting out, you can do so on a shoestring budget.
In terms of book pricing, the sweet spot for Kindle books is between $US 2.99 and $US 9.99. Any lower than that and the price might appear too cheap (implying low quality), and any higher than that needs extra justification. But, perhaps your book really does warrant a higher price. That’s great if so. However, unless there’s a compelling reason to do otherwise, it’s best to stay within the sweet spot range.
Though these prices may seem low, they can still produce a good income for the author as long as the volume is sufficiently high. This is because, as the author, you’ll get up to 70% royalty. (Amazingly, you’ll likely get a better income from an Amazon book selling at $US 2.99 than you will from a traditional paper book selling for $US 24.99!)
If you’re interested in some specific profit examples, I recently came across the results of a couple of Kindle ‘how-to’ books. One was called How To Purify Water and the other was called How To Use Pinterest. Even though both were priced at only $US 2.99, the book on how to purify water produced a royalty profit of about $US 300 per month, and the book on Pinterest produced a royalty profit of about $US 1,300 per month. Pretty good, eh!
#4 Do… aim for a Niche
The previous two examples lead neatly into the subject of niches. Both of those books were, I believe, aimed deliberately at popular niches; the purify water book at the ‘disaster preppers’ niche and the Pinterest book at a ‘happening’ Internet niche.
If you do write for a hot niche, then the results can be great. However, the trade-off is that the result may not be sustained over time.
Of course, niches need not be non-fiction. It’s worth noting that, for every three non-fiction books on Kindle, there are about two fiction books.
One example of a hot fiction niche came about following the roaring success of the book Fifty Shades of Grey. Despite its professional reviewers (who said its quality was “mixed to negative”) it became the fastest-selling paperback of all time. Of course, Kindle rode that wave too and did whatever they could to quickly get more titles of the same genre. (Maybe they still are!)
A brief word on pen names & niches. I’ve chosen to write my books using my own name. Of course, it’s perfectly okay to write in a pen name too. The best advice I’ve received is to use one pen-name per niche if you are publishing in multiple niches.
#5 Do some things to speed Production
I’ve found it’s best to write long, write fast, ignore errors, and then go back and rewrite, rewrite and rewrite again. (I actually start with a mind-map). Set-up the structure first and, if you can, create a book title and description early on. (Essentially, define the outcome and work back from there). To make progress at a reasonable pace, set yourself deadlines and then stick to them. Celebrate when you hit them. And, if you don’t, you might even want to give yourself an occasional penalty!
The only real ‘tool’ you need is Microsoft Word. Kindle does have a process to take Word documents and automatically convert them to their format (HTML). However, you will likely need to adjust your document before submitting it for conversion, as there are some aspects that their process is poor at achieving. E.g. table of contents, bullet points etc. (But, as mentioned before, there are plenty of people who offer this service at low cost).
One thing I’ve used to help me write quickly is voice recognition software. This technology has been around for a long time, however, it has now developed to a point at which it is both fast and accurate. It has to first learn about your style of talking, but, when that has happened it can type as fast as you can talk. I used a program called DragonSpeak, which costs $AU 80. It’s worth every cent!
#6 Do… pick a suitable environment
I found that the choice of the location that is used to write can make a big difference. The better you can focus, the better your speed and quality will be. For example, if you have a study at home that might be perfect for you, or perhaps you prefer a cafe, or public library. Whatever it is, if you’re getting stuck, I suggest to first experiment with your writing environment. (And that includes picking a time when you’re at your best). Just do whatever works for you.
And lastly, 3 DON’Ts!
Here are three simple tips that might help.
#1 Don’t copy others!
Don’t be tempted to plagiarise. Though I’m pleased to say that the content I’ve produced is original, it’s certainly the case that some people copy other people’s work (whether in large or small amounts). For anyone considering taking this shortcut, be aware that Kindle has sophisticated technology to detect this. They are able to scan on-line and check whether duplicate content exists elsewhere. So, the best advice is simple… just produce original work.
#2 Don’t proofread off the screen
It’s very important to produce material that looks good. Even if your content is the most fantastic and valuable thing ever written, it will be dragged down if the presentation is bad e.g. poor spelling, punctuation, grammar etc. I would recommend that, at the very least, you get someone else to proofread your manuscript. Failing that, print out a hard copy and then go through it yourself with a red pen, sentence-by-sentence, word-by-word. Do so slowly, and carefully… very carefully. If you rush it, you will likely miss errors.
But, whatever you do, don’t ever try to proofread off a screen. If you do this, errors are even harder to find. However, fortunately, if you do spot mistakes once the book has been published, it’s very quick and easy to fix them. Just resubmit and the corrected version will be published within about 12 to 24 hours.
#3 Don’t produce an elaborate cover
The key here is simplicity. When people first discover your book it’ll likely be as one thumbnail image in a search result amongst many others. Elaborate covers will likely mask the message, and so people may not click through to find out more. I would also suggest that, if your cover is light in colour, use a dark border on the outer edge. Again, the reason stems from the search process, as the cover thumbnail images are presented against a white background. So, if your book cover has a light shade, it will tend to merge into the background. So, better still, use a darker cover and that way it will stand out more.
As it is for the cover picture, so it is for the title. For this reason, use a title that is short and choose a style that is bigger & bolder than you would first think required.
In closing, I hope you’ve got some value from this article. With luck, you’re now encouraged to go ahead & write your first e-Book!