Building a second income stream: 9/24/06

Saturday, September 30, 2006

10 Sure Fire Ways To Multiply Your Online Profits!

10 Sure Fire Ways To Multiply Your Online Profits!
Copyright © 2006 Dan Lok

Most people think the only way to make money is by selling their own products on the Web. This couldn't be further from the truth.

While it is a good idea to offer your own products, there are many other ways you can increase your profits using simple and effective tools. Here are my top ten suggestions for multiplying your online profits:

1. Always upsell customers. Do not rest when a customer buys a product from you. Instead offer them related products that will complement their order. These products can be your own or products you sell as an affiliate. You can offer them at a discount or promote them in a way that encourages your customers to buy more from you.

2. Offer your customers an incentive for referring others to you. This will multiply your sales as your customers refer you to others. One sale automatically becomes two, three or more.

3. Promote your affiliate program to paying customers. Offer people buying your products and services an opportunity to sell your products and earn a commission. This also turns one sale into several sales.

4. Follow up with all customers that order from you. Offer a personal thank you and then entice them to buy other products or join your affiliate program. You can do this over several weeks. Customers that join your affiliate program will make money for you.

5. Cross promote your products by offering your customer's packaged deals. They will feel they are getting more for their money.

6. Offer your customers something for nothing. Everyone wants a freebie. It doesn't have to be something big. It could be a free newsletter. It might be someone else's newsletter or a free mini-course.

7. Entice your customers with information marketing products. Audio and CD's do well. Offer them an MP3 video of your latest e-book.

8. Ask your customers for feedback. Offer them something in return. This could be as simple as giving away a free e-book if your customer fills out a short five-question survey. Then follow up with your customers with an email letting them know the results of the survey and promoting new products or services that reflect their feedback, wants, interests and needs.

9. Offer back-end products to your customers to encourage continuing sales.

10. Brand your products. Create a logo and brand name people are likely to remember. They will come to associate all your material with this brand or logo. Whenever they see the slogan or logo, they will think of you and naturally come back to you for more products or services.

About The Author:

A former college dropout, Dan Lok transformed himself from a grocery bagger in a local supermarket to a multi-millionaire. Today, Dan is one of the most sought-after business mentors on the Web, as well as a best-selling author. His reputation includes his title as the World's #1 Website Conversion Expert. To find out what Dan is up to now, visit him at: http://www.WebsiteConversionExpert.com

Article Source: thePhantomWriters Article Submission Service

Topics: selling products services online business businesses success tips successful guide profits effective tools

Wednesday, September 27, 2006

How to Find Financial Freedom

How to Find Financial Freedom
Copyright © 2006 Kent Jacobson a.k.a. Mr. Success

Many people make finding financial freedom harder than what it actually is. In order to find financial freedom all you have to do is follow a few simple steps. Now of course you have to have some resources available to make this work for you, but these steps are not just for millionaires that already have everything that they need. Financial freedom can be had by people who are not millionaires. It can be had by everyday common people who know how to work within the system and get what they want. By following the steps below you will be well on your way to financial freedom.

1. To find financial freedom you need to first find out where all of your money is going every month. You need to remember to pay yourself first, and take care of everything else next. In other words, make sure that you are not taking every paycheck you get and paying off debt. You do not have to pay everything off at once. By keeping some money for yourself you will be able to live a nice life.

2. Investing automatically is one way to gain financial freedom that is most of the time overlooked. People do not want to do this because they feel like they are not getting to see any of their money; but this is the exact point. If you do not see the money you will not be able to spend the money. By investing directly from your paycheck you will ensure that your money is getting to the proper place without any being taken off of the top on the way.

3. Make sure you diversify your portfolio. In other words do not put all of your eggs in the same basket. You will want to make sure you have money in a lot of different places. The stock market, real estate, and savings accounts are all very popular options.

4. Quit wasting time and get started today. This is one problem that plagues a large percentage of the population. They always say that they are going to get started, but never seem to have the time to get around to it. Remember, as time goes by so does your opportunity to save money. Each paycheck that you spend without investing is one that could have gone towards the stock market or starting a savings account.

By following the four steps outlined above you will have a solid foundation on which to build your financial freedom. The most important thing to remember is to get started right away. Do not be afraid to make mistakes, they happen to everybody including the professionals. Just think about how great it will be to gain financial freedom!

About The Author:

Kent Jacobson, a.k.a. "Mr. Success" is a trusted authority in the success field and provides valuable success information for free through his website at: http://www.Shortcut2Success.com . You can also read Kent's Success Blog to find more success secrets at: http://www.Shortcut2Success.com/blog