How can I grow my business online?

Digital Marketing

I’m answering the question of the week

THE SHORT ANSWER

Grow your email list …

My favorite subject starts now.

Let’s talk about sales funnels.

Then dominate a traffic source.

You are sending people to your landing pages and capturing their email address.

Now what?

Email addresses are not really money.

Sure they can make money, but right now they are pretty useless for you.

So after collecting the email … now what?

Well, let’s see.

We have someone who is already interested in you and what you have to offer …

They have already made a minor commitment by putting in an email address …

It seems a shame not to sell you something, right?

So send ’em down a funnel …!

As soon as they click that button after entering their email, send them to a page with an offer.

Guess what?

I promise you will be surprised when people start to accept it.

All the world?

Absolutely not.

But I can promise that if you make a fairly decent offer at a fair price, you will see that people will start buying.

For the first step in my funnel, I usually do something under $ 50, so let’s say it’s $ 27.

I guess that assumes your sales page doesn’t suck at all.

But I guess you have seen my free video so you would never have that problem.

Let’s say 200 people entered their email address.

So 5% of them decide to buy the first product.

That means you probably spent between $ 200 and $ 300.

You have 200 email addresses that you can trade with.

You won $ 270.

And now the kicker.

Of those 10 people who bought the product, why not make them an additional offer?

They are clearly VERY interested in what you have to offer.

Can you do anything else that adds even more value and helps them even more?

Let’s say you sell this product for $ 297.

And let’s say one of the ten buys that product.

Again … you will be surprised.

Here are your numbers.

1. $ 300 spent

2. $ 567 made

3,200 obtained email addresses that you can now use as free traffic

Do you see how amazing this is?

And these are totally real numbers.

This is how online businesses not only survive, but also thrive.

Sure, this is the best case.

But even if you just break even, you can run this scenario hundreds of times

create an email list of hundreds of thousands of people

and then launch a product with zero ad dollars.

And that’s the beauty of a sales funnel.

If you can really understand this one thing, you can be successful online.

If you don’t … watch my video … What is a sales funnel?

You can spend twice what you would spend on ads

because you earn double with each client

(and hopefully provide double the value)

Remember.

Learn, apply, learn, apply.

I hope this helps

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