Friday, October 5, 2012

0 Ideas To Make Profit

When I first started selling short reports I only saw it as a quick way to make small cash. I sold a $7 report as a front end product and that was it. I was making fairly good money, but it wasn’t enough to quit my job. It wasn’t until I had a proper sales funnel in place that I realized how profitable this business model was. But without building a buyers list you can’t have a good sales funnel.

Yup….its time about time you build that list

Here’s how you can build your list:
  • Purchase solo ads using a squeeze page giving away a quality free report
  • Contribute on forums with your website signature linking to your squeeze page offer
  • Offer 100% commissions on your reports to attract affiliates to explode your list with proven buyers
  • In the IM niche? post a WSO selling one of your short reports
There are endless ways you can build your list. I could go on about list building techniques but that is out of the scope of this report.

Although you’ll be making a bit of profit from the frontend sales, the real cash comes from the list you build.

Yes it’s true….the money is in the list

But guess what? You don’t need a monster sized list like those gurus out there.

You can actually make a small fortune even with a SMALL LIST.

Yes that’s correct! I’m talking about with just a few hundred subscribers you can make bank with this method.

How is this possible you say?

You will be selling your HIGH quality reports for ONLY $7 to your list. Even with a list of 300 targeted subscribers, if you offer them a quality short report for only $7 you will see a high sales conversion, I guarantee you that.

I know…selling a $7 product doesn’t sound like much but the whole purpose is to build a buyers list and then sell them other related reports in the backend.

Here’s how it works:
Create at least 5 related reports and cross promote them

In order for this to work your short reports needs to be connected in some way so that your customers will be qualified to buy all of them.

Let’s use an example to give you a fair idea. I’ve been involved in the “muscle building” niche since I got started and have been banking ever since.

People who want to build muscle will be enticed to buy reports like these:

“The 10 min Killer Bicep Workout”
“5 Easy Steps to Maximizing The Afterburn Effect”
“Why Training Your Legs Will Give You Bigger Muscles”
“How To Get Ripped Abs With This Insane Fat Burning Workout”
“Top 10 Super Foods That Build Your Muscles Even Faster”


Do you see how someone who buys one of these reports will more than likely buy any of the others or even all of them?

By the way, these are real reports I’ve created and had tremendous success with so I know this stuff works.
Imagine having 20 reports like these and cross promoting them in an email series over a few months. The potential profit can be HUGE!

Here’s how you can cross promote these report series:
  • In each of your short reports themselves include references to your other reports.
  • Mentioning all your other reports on the download page after they purchase one of your reports.
  • Using one time offers (OTO’s). You can bundle several reports together and sell them at a discounted price. Watch your profits grow with this technique.
  • Cross promoting with follow up emails. Every now and then send an email with an extract of info from one of your report series, then link your customers to the sales page so they can buy it.
As you can see the potential to grow your business with short reports is so huge. This is just one facet of the model I focus on because it suits me. There are many other ways you can choose to profit from this business model. Let your imagination run wild with it.

Here are other uses of short reports to help grow your profits:
  • Publish your reports on Amazon as a kindle book for another income stream
  • Transforming your PDF reports into video and audio and have them as an upsell at a higher price
  • Sell PLR rights to each of your reports s an upsell
  • Put all your related reports together and sell as a higher-priced package
  • Contact other product creators and give them your report as an added bonus (good strategy to get more optins)
The ideas are limitless.

Share if you find this post useful :)
 

SALTOX Blog Copyright © 2012 - 2015 All Right Reserved.