How to Triple Your Sales With an Overlooked, Under-Used Marketing Technique

By Bob Bly | Thu, Jul 9, 2009 |

  

Archives: Marketing/Internet

Internet buyers LOVE discounts, yet most info marketers don’t use them nearly enough.

A case in point: On 4/9/09, we sent an e-mail to my list offering one of my e-books at the cover price of $79.

It generated 32 orders and $2,528 in revenues. Not great, not bad.

Last Thursday, we sent the identical e-mail to the same list. But we added a P.S. offering the book at $49 (a $30 savings) if they ordered by midnight Sunday. So far, we have sold 155 copies at $49 each, generating $7,625 in revenues, and orders are still coming in.

Does it bother me to let people have a $79 product for only $49? Of course not. What’s important is not profit per sale but profit per e-mail blast… which the discounting tactic will more than triple.

This works with products that have a large enough profit margin – and in the case of e-books, the margin is close to 100 percent.

[Ed. Note: Bob Bly is a freelance copywriter and the author of more than 70 books. To subscribe to his free e-zine, The Direct Response Letter, and claim your free gift worth $116, click here now.

When and how to discount is just one of the secrets Bob reveals in ETR's Internet Cash Generator program, the complete guide to jumpstarting your online business. Find out more about it here.]

Similar Articles:

Want More Success?


Sign up below for the free Early to Rise newsletter where you'll get more tips and strategies on how to achieve success in your life.


Comments

Leave a Reply

american dream success stories attachments avoiding mixed metaphors bamboo story brendan+florez brendan florez princeton building business business craig ballantyne financial independence monthly Daily Issues diet double your income elmer wheeler energy entertainment business Exercise financial independence monthly craig ballantyne goal setting guidance hollywood hollywood creative directory how to double your income insidious character internet business laura rodini lose weight make money marketing mark ford michael masterson my personal master plan example niche marketing paul lawrence Productivity product packaging promotion realestate safest stocks in the world showbusiness small business Srikumar Rao earlytorise start a business success the Internet money club Vocabulary Words website design
Join us on Facebook

Testimonials

  • “Just had to say that Rich Schefren has really hit the nail on the head about the media and so called ‘journalism’ in his article ‘How to Make More Money During a Recession.’

    “Absolutely brilliant and spot on. They have to fill so many newspaper/magazine pages and so much TV airtime that any ‘news’ item is completely overexposed and hyped up. (Swine flu is a good example.) It also seems that many journalists really don’t know much about the subjects they are writing about. Fortunately, the same cannot be said about Early to Rise.

    “Keep up the good work.”

    Karen Letherby

    Cheltenham, UK