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How to Create Your Own, Custom Internet
Profit System in 30 Days or Less


The 7 Step Affiliate Action Plan for Turning Your E-Business into a Profit Center

Finally a Tested, Proven Internet Sales System that You Can Apply To Any Product Or Service You Want to Offer Online and Increase Your Revenues Quickly

Objective: Given a product or service to offer on the Internet, you will quickly increase your revenues through your own, custom sales system which lets you:

  1. Find out quickly who, and where, your customers are online.
  2. Discover how to contact and convert those visitors into customers
  3. Build a lasting, profitable relationship with your new customers.

Problem: Most online marketing materials are created by someone who sold one or two products. What you get are theories, and the hope that one of those theories might rub off on you. This system is the result of four years of testing for large and small businesses offering everything from information products to loans. It is tested, and the strategies work. The results speak for themselves.

Solution: As you implement these strategies, you will discover how easy it is to test online, and find where your customers are meeting. Better yet, you will discover the best ways to contact, convert, and turn your Internet surfers into long term customers. Whether you need to improve the results for your current Internet business, or are just starting out, this information will be vital to your success and survival. Let's start now!

This action plan is part of the E-Business Maximum Cash Flow System, showing you how to dramatically increase your revenues on the Internet. Visit http://webletter.net/impact/ for details.
© 1998 M. Declan Dunn and The Write Thing
6960 Ridgeway   *   Magalia, CA 95954   *   email: dunn@webletter.net
Phone 530.873.3637   *   Fax 530.873.0192   *   Net: http://webletter.net

Table of Contents

The 7 Step Action Plan

Imagine if you could pinpoint where large groups of target customers are meeting, and easily offer your products and services to them. Welcome to the Internet, where technology takes a back seat to simple, proven, direct response marketing.

T he Internet is not as complicated as many claim. People simply go online to pursue their business interests, hobbies, passions, career, educational needs, socializing, and anything else they do in the real world. Our goal is to find out where they are meeting and drive them to your business quickly and easily.

Please take "The 7 Step Plan For Creating Your Web Offer" and "How to Convert Your Visitors to Customers" Flowcharts out from the end of this section. You will use these to follow throughout this action plan.

This system is designed to help you target your customer base and convert them into long term customers. There is no magic to the process, just testing. This 7 Step Action Plan is designed to help you pinpoint with extreme accuracy your customer base through the following steps:

Section A. How to Target Your Customer Base

Step 1. Determine What You Want To Sell

Step 2. Start Thinking Like Your Customer

Step 3. Target Your Natural Market and Create Your Customer Profile

Section B. How To Grow Your Business:

Step 4. Test Proven Methods of Web Advertising

Section C. How To Turn Your Visitors Into Long Term Customers

Step 5. Follow Up With Your Customers

Step 6. Look For Endorsements

Step 7. Find More Products and Services to Offer

This workbook gives you an overview of each step, with worksheets to fill in and test your knowledge of your customers. Be sure to write in the book, and begin tracking your success. We urge you to cover each step and don't do what most do, which is skip to Step 4, Web Advertising. You have to know your customers before you can offer your products and services. Good luck.

A.   How To Target Your Customer Base

Step 1. Determine What You Want to Sell

Objective: Define the benefits you deliver to your customers in two sentences. When you can explain the benefits to any interested prospect quickly, you have achieved your goal.

It seems so simple, doesn't it? If you are selling widgets, than that is what you are determined to sell. Why bother with this step?

The problem is, your customers are not determined to buy those widgets. They don't care about the box and the color, the features of your product. They care about what it does for them.

This step is where you start defining exactly what it is your product does for your customers, the benefits. You better be able to explain that to them in what I call the elevator talk.

Imagine if you were on an elevator with your target customer, and you had only two sentences – until they got off the elevator at the next floor - to describe quickly and exactly what your product would do for them.

That's what this step is about. Define your benefit statement and begin looking at your business as a solution for a problem your customer has. If you can solve this problem, and let them know quickly how you will solve it, your competition will be left in the dust.

In the next step, we will explore your competition and what your customer is facing online. For now, answer the following questions and start to pinpoint exactly what it is your customer wants, and give it to them.

What Your Customers are Looking For ... According to One Study

(ZDNet, Your Top 10 Favorite Web Activities: http://www.zdnet.com/anchordesk/whoiswe/top10things.html)

    1. Searching
    2. Reading News/Sports
    3. Career Management
    4. Learning
    5. Software Downloads
    6. Travel
    7. Socializing
    8. Making Money
    9. Playing Games
    10. Shopping

Begin With The End in Mind:
Start By Listing Your Key Marketing Words

1. List the Keywords, Related Words, and the Benefits Your Product/Service Provides (try to list at least 8 keywords, and remember to use these for search engine positioning in Step 4).




2. Describe your offer in two sentences or less (keep working on this one)




3. Set your Target Goals for your Business in Terms of Sales, Savings, and the time period you would like to achieve these in. Set deadlines!







"Even though you may be on the right track, if you don't keep moving someone will run over you."

Will Rogers  


Step 2. Start Thinking Like Your Customer

Objective: Acting like a customer on the Internet, you will discover their experience. Find out what your competition does right and wrong, and ask your prospects to help you; just ask them what they think. Given the keywords and benefits you outlined in Step 1, put these to the test online. Give your customers what they want by taking a moment to "surf" in their shoes, and position your business so its offer is like no other.

Right now your target prospects are out there looking on the Internet. There are over a million commercial sites to choose from, so it's not easy. To develop your business and traffic, you have to do what few others are doing: clearly and quickly defining your value to these target prospects.

Now that you have an idea of what your customer is looking for, it's time to go out and act like the customer. As they say, until you walk a mile in their shoes, you will have no idea what they are facing.

Out on the Internet, you will find people doing things the same way. Check out the ad copy and the call to action that you get. Most Web Sites act like glorified brochures or magazine ads, always talking about the product or service the company offers. Few invite the visitor to act now, to buy now!

Online, the most important person is the customer visiting. How many sites allow you to take the action, to guide yourself to the purchase decision? Does anyone:

  • Separate themselves from the competition with a clear and motivating benefit?
  • Give an immediate reward for visiting their Web Site or answering their email, like a free report?
  • Position themselves at the search engines so they are on top, and easy to find?
  • Get singled out as an excellent resource for the particular subject?

By learning the problems your customer faces and making it easy to work with you, you are also beginning the marketing process. What are the best sites to find what you offer? What is the best way to market to your customer base?

The Internet is a powerful word of mouth tool; remember to set up your circle of influence, your referral network, by allying with related, non-competitive Web Sites that have to do with what you are offering.

Web Sites and discussions revolve around specific interest groups, specific niche markets; you need to locate where these markets meet, and create a message - your invitation to your prospects - that is different than anyone else's.

Find your niche markets and generate funnels of leads for a specific offer having to do with their interests, their passions. Tap into this incredible expressed interest and fulfill it at your Web Site and in your email contacts.

The best way to make it easy for your customer to work with you, is to give them a turn key solution for everything they are looking for.

Your Customer-Centered Marketing Strategy:
Start Creating the Right Offer and Target Where You Will Market to Maximize Your Profits

1. What are the three major problems facing people interested in what you are selling. (Hard to find good sites? Who are your best competitors?)




2. What are 3 important goals they would like to achieve with what you offer? How will this improve or better what they are doing now?




3. Name the best Web Sites, mailing lists, and discussion groups. Can you joint venture with any of them? Can you advertise in their space? How can you turn their visitors, their interested prospects, into yours as well?






Step 3. Target your Natural Market: Create Your Customer Profile

Objective: Now that you have looked at your customer and what problems they run into on the Internet, it is time to build your target customer profile. Determine what information you want to know about your prospects, and think about the best way to get this information. When you have written a target customer profile that specifies the demographics, buying behaviors, and online sites that your customer visits, you can begin to test your marketing.

"How Can I Know If Someone I'm Talking To Is A Good Prospect For You?"

Bob Burg, Endless Referrals  


Who are your best prospects? And what is the natural market, their interests, you are appealing to? I asked that to one client recently; he told me everybody. Everybody would be interested in his vitamins.

Now try to put a face on everybody; what does everybody do during the day? What are their motivations? Why should they buy from you?

The funny thing about this common approach is the misconception that may kill his business. The client thinks it is just him qualifying the customers. Meanwhile, his customers are qualifying him, his Web Site, and his email. They want to know if he has done his homework, and if he knows what they want.

By copping out to the old, "I'll sell to everybody" routine, my client is killing his business. I asked the same question to the president of a hot tub company recently. His company is one of the biggest, and you can see why by his answers:

  1. They are homeowners in their second home.
  2. They are most often between 36-50.
  3. They are a married couple with two children. They both work, with household incomes exceeding $60,000 a year.
  4. They appreciate relaxing and treating themselves with special gifts as rewards for working hard.

That is the sort of customer base you can define, target, and convert into long term customers. Instead of everybody, he has defined it into "somebody" with an identity. He has defined a natural market that he can test to.

Your goal in this step is to create a customer profile that not only tells you who they are, but where you can reach them by marketing online. Then you can put your testing into action. The Internet builds on direct response, niche marketing.

What You Must Know About Your Customers: Your Customer Profile and Where to Find your Prospects Online

  1. Do you have a natural, niche, market to target? __ Yes __ No
  2. Is there an existing natural market on the Internet for what you offer? Is it easy to find resources? __ Yes __ No
  3. Are there any 800 lb. Gorillas (big businesses) who dominate your natural market? Can you overcome their economic advantage?
  4. __ Yes __ No

  5. What are the key characteristics, or information, you would like to know about your customers?
  1. Name and Contact Info: where do they live? Are there any areas where more of your prospects live so you can target regionally?
  2. Email address; this is crucial to your follow up.
  3. Special Interests
  4. Related Products and Services to what you offer
  5. Age
  6. Sex
  7. Income
  8. Do they have children?
  9. Do they own their own home?
  10. Frequency of buying what you offer, and related products
  11. The normal buying cycle, how long it takes them to decide; a $30 decision is easier than a $3,000 decision.
  12. What Web Sites do they visit the most? Who gets the most traffic?
  13. Is anyone else selling what you have to offer online? Are they succeeding? It is often better to go with a proven market, than to create one.
  14. What are the best places for your customer to discuss issues, socialize, and meet like minded people interested in your product/service?
  15. What are the latest trends, news, political, social, and relevant issues to your target market? Create a special report to fulfill these needs.

4. General Description: Write down your target customer profile in a few sentences.







Review: How to Target Your Customer Base

The first three steps in this process lead you to define your customer base and how to easily reach them. You will use this to quickly test your marketing and adapt your offer to give them exactly what they want.

Without a specific sense of what you are offering, who you are offering it to, and why they should buy from you, your customers are lost. They don't want to read about your product, or you.

Which is where most businesses get stuck. They sit in their Web Site and know what they sell so well that they unconsciously try to prove how well they know it with everyone that visits them. All the customer hears is the ranting of facts, figures, and knowledge, but little if any reasons to buy.

In the center of the Conversion flowchart are the three most important questions your customer asks:

  1. Why is this important?
  2. Do I want or need this?
  3. Should I respond, i.e., react, to these words?

You have the headline and maybe your first few sentences to give them a positive response to all of the above questions. If the email or Web Site is targeted to someone's specific interests, few if any will object.

Define who your customers are. What do they like? What holidays and events have to do with what you are offering? Is this something they do alone, online, or with a group? If you cannot tell me why someone is a good prospect for you, how can you convince them?

Put a face, a motivation, and a defined need on your customer base. Set your objectives to deliver the best products and services that solve their problems, that fulfill their needs.

For this section you need to define:

    1. Your Business Objective
    2. Description of Product/Service (in two sentences or less)
    3. Your Target Goals in Terms of Sales, Savings, and Time
    4. Key Problems Your Customer Faces
    5. Your Customer Profile
    6. The Top Internet Places to Market and Joint Venture

Case Study: First Security Capital -
http://www.FirstSecurityCapital.com

First Security Capital (http://www.firstsecuritycapital.com/) is a financial services firm specializing in providing innovative, proprietary financial products to individual investors and small to midsize companies. They offer high loan-to-value loans against free-trading securities, including large, mid, small cap, and microcap stocks.

1.   Your Business Objective

Marketing efforts are focused on achieving the company's position of being a leader in providing innovative financial products to individuals and small to midsize companies. Specifically marketing must:

  1. Make the phone ring to build business today; loans begin at $100,000, so the goal is to get the client on the phone to explain the benefits in person.
  2. Begin to build a premium brand image as a foundation for making the business grow even larger in the future. Recognizing we are in the "start-up" mode, these objectives must be met in an efficient, cost-effective, and blue-chip-first class fashion to build long term customers.

2.   Description of Product/Service (in two sentences or less)

First Security Capital's innovative financial products are stock loans using current stock holdings as equity. This proprietary, cutting edge vehicle is the main focus of the company. Loans can be arranged on most large, mid and small cap stocks, microcap stocks, large cap non-US stocks, ESOP qualified assets, and restricted stock positions.

3.   Your Target Goals in Terms of Sales, Savings, and Time

Build a mini "Goldman Sachs" brand image using the interest in online investing and the online visitor who has the income and stock holdings to benefit from these loans. Build brand awareness and retain clients to create an Internet-specific stock loan company within 1 year.

4.   Key Problems Your Customer Faces

Clients are not familiar with stock loans or how they work. We have to educate our customers and build credibility as an innovator in a field dominated by the older investment houses; few offer these stock loans.

5.   Your Customer Profile

Our target is predominantly male, age 35-60, household incomes of $100,000 or more, and savvy about investing. They are geographically dispersed throughout the U.S. Prospects have a capital gain in their stock portfolio they need to monetize, are looking to diversify their stock portfolio into real estate and other investments, and/or are looking for downside protection for their investments.


 

B. How To Grow Your Business

Step 4. Test Proven Methods of Web Advertising

Objective: Given your target customer profile and the places they visit online, you will test your advertising to find the best ways to generate leads and convert those visitors into long term customers.

The Internet is emerging into a personalized advertising medium which is:

1. Driven by words. Headlines are 90% of the reason anyone reads an ad or a newspaper article. The same rules apply online.

2. Centered on building your list. In three years, if you do not have a significant list of interested customers, you will be buried by the big businesses. If you do have it, you will have an asset to sell (and sell to).

3. Personal. Customers are referred to by name, in email and other forms of marketing. Being personal does not mean eliminating standard business approaches.

The Web is about personalizing marketing. The customer has to choose which businesses fulfill the need. You need to invite them in to your message and onto your list. Do not make your message intrusive. First contact is rarely a place to sell; use this to your advantage. Try as quickly as possible to call them by name. Email programs that work with databases now allow you to do this. Do it.

Be careful not to get too informal. Many online start misspelling, writing sloppy letters, and some even get moody! Leave your personal life out of it. Keep it business-like, the same way you would treat someone who phones your business.

4. Based on helping visitors develop their own target profile for you to aim at.

You ask the right questions and provide them the right incentives to give you the answers. This is how you build your list. (We will touch on what sort of incentives to give in a bit). What are the key questions and needs your customers have?

5. Invigorated by focused visits, not bored surfers; they are looking for a few places to visit regularly. People go online for research, professional and career help, hobbies, and many other interests. All of these have related products and services. Online people do not love wandering the Web. They look and they settle. Find the settlers and sell them.

6. Dependent on repeat contact and credibility. Email is where you do your selling. The Web Site is where you develop long term contacts, customers, and business. You have to show them you know what you are doing and can solve their problem. Credibility is an essential part of all Web Marketing.

Four Critical Web Credibility Builders

1. Develop the Promise of Your Offer

Your offer and the way it is presented will make or break your Web business. Build up your offer with curiosity; get them clicking on your headlines and exploring. The more they look, email you, and ask questions, the more qualified they are to buy.

Your customers are looking for someone to solve their problem, even if they do not know what that problem is. Your home page, every Web Page, needs to drive them to your promise. Always use headlines and bullets to quickly establish what you are promising.

The promise is developed in content pages; these can be brochures, pages of products, the services you provide, the process you take to provide the service, and sales letters. Content is where you do your selling, where you develop the promise behind the headline. Headlines get them to act, content starts the selling process.

2. Get Your Customers to Identify What Problems They Need to Solve

Many customers do not initially know exactly what they are looking for. What a great way to develop contact by asking them what they are looking for and following up on their responses. You can use online questionnaires used with forms (explained later) to triple responses. By helping them define what they need, you drive them to the solution.

The key is listening to what your customers want and asking the right questions. Ask them the three ways they will use your product or service. Ask them the top three problems or objections they have, or the top three benefits they would like to get out of using what you are selling. Questionnaires, surveys, and contests are an effective way to help them define the challenges that brought them to your Web Site.

3. Prove you Can Provide the Solution

As they say, the proof is in the pudding. In this case, the pudding better be your Web Site. Show them that you can provide the solution Use photos of yourself or your physical store; also incorporate photographs of your products to make it real. Most importantly, tell the exactly why they should buy from you in 30 seconds or less. Online, that means a paragraph; why should they buy from you instead of the competition?

4. Get them to Commit To Your Solution

The final step to developing credibility is to get your customers to commit to your solution. The best way is to sell them; the second best is to get them to approve of being on your mailing list. This is called opt-in email list building. Get them to commit by putting a limited time offer or add bonuses. The key is to get them to act now.

How To Turn Your Web Site into a Marketing Tool

1. Establish as Many Points of Contact Possible on Your Home Page

Never expect a visitor to return to your Web Site. Bank on the fact that they will never return. Use your home page as a place to generate emails, phone calls, faxes, and inquiries. Use your autoresponder wisely; get them set up to answer a basic guestbook (tell us why you visited), surveys, sales letters, special announcements, mailing lists, and contests. The more ways you give them to contact you, the better your chances are for understanding who is visiting. Gathering email addresses is really the name of the game.

2. Where to Place Your Offer So They Will Notice

A Web Site has a few hot spots which will literally triple your response rates if you use it right. The screen a visitor looks at is wider than it is tall. If you want a hint, take a look at the computer interfaces on the two most popular machines, Windows and Macintosh. Most of the places to click on are located on the top and bottom of the screen; the left hand margin in particular is a favorite place to put your initial offers on a Web Site.

Both place all the action points, the points for people to click, in the frame of the screen. The hottest spot to put your words is the upper left hand corner. People who read English read left to right. Their eye naturally drops on the upper left hand corner.

Place your first point of contact in the upper left hand corner. Develop your important sections down the left hand side. Use the bottom of your screen as well, especially the lower right hand corner. This is where their eyes scan.

Example: By placing banner ads at the lower, right hand corner of the screen, a survey found that responses to these banners increased by 200+% over banners in the middle of the screen. Bank on years of experience and put your headlines on top, on the left hand side, and towards the bottom of your screen. Use the middle of the screen for graphics and for listings of areas to visit in your Web Site, as well as more headlines.

3. 10% of Visitors Will Explore your Site: Give Enough, but not too much

You will find that people visit about 20% of your entire site, and ignore the rest. This is normal. At a successful business site, people will spend about 7 minutes. For chats, games, entertainment, and high priced news media, these rules may differ. Give them enough information to make the sale, and follow up via traditional means as well. Telemarketing is an excellent tool to use with a Web Site. After all, the Web all revolves around different ways to use the phone.

4. Portal Pages: How To Use Web Pages as Optional Entry Points

You can use more than your home page to get people exploring. If you want to promote a specific product, you can direct them to that page. Then give them a place to contact you and make it clear how they can explore further.

Hint: Include many links on your home page, but limit the links on other pages. Links are choices. Get them to focus on your message, then get them to your home page, your Table of Contents, and to your Order page.

5. Direct Response Techniques

On first contact, it is unlikely that anyone will buy what you have to offer. You need to give people something of value for no money and little effort. Examples of this are:

  • Coupon they can print out or email to you via a form; a dentist gives people the same kit (dental floss, toothbrush, information) that he does online. He uses the coupon to generate a response.

  • Free report: Find something special, issues, news, special announcements, and use it to enhance your product sales.

  • Free online newsletter: Some people call these e-zines, but basically you distribute a 1-2 page document every few weeks with information and your advertising.

  • Bonus reserved for you: Create a specific page for people you are marketing to. Give them a page tailored only to your specific offer. Example: A Web Greeting Card delivered online for a specific season, like a Christmas Card.

  • Free software; download sample. Almost anyone can create software now. Just use a database program or PowerPoint to create a simple interview, online evaluation, and use their feedback to start the selling process.

  • Forms to ask questions and get people onto your list. A form is quite simple. It is where you type in information on the screen. This will dramatically increase your responses over a simple link where they email you. Forms make people think you are working for them by listening and giving them space on your page to respond.

6. Create a Conversation, a Mastermind Group

A mastermind group are people gathering to learn, brainstorm, and take their ideas to the next level. If you can create great interest in discussion, you will gain high traffic and advertising revenue will become a reality. Get them talking and you become the expert.!

7. Using movement on your Web Page to get noticed.

Animation on the Web is overrated. But movement on the page is the first thing people will notice. Use this to your advantage by placing a small, animated graphic next to the primary headline, link, or listing you want people to visit. Do not make it spin endlessly, let it repeat 3-4 times and stop. Be careful; limit your movement to one or two graphics; too much movement takes away from your message. It also gets annoying on repeat viewings.

8. Sell Product and the Process

Every product is created using a special process. You can turn this process into a special "how to" report or sales letter for your product; you can also turn it into an information product to sell to people. Use the process to generate leads and sales for the product.

Review and Put Your Plan Into Action
How to Test Your Marketing Online: Find the Best Places to Generate Leads

Testing online is simple. Begin by marketing to those niches you identified in Steps 1-3. Measure your results by tracking how many people visit from a specific offer, and how many come from the search engines. Compare this as your visitors generated, then count how many of those visitors contacted you via email, phone, and fax. This conversion ratio will help you pinpoint the best places for you to market online. Tracking is easy with statistical software like WebTrends and many Internet providers give you statistics automatically. Use them.

  1. Search Engines

Search engines perform a function of cataloging the Internet, but I use them for finding niche markets. Once I go there, there is no point in searching any more. If you can name your product or service in four words or less, search engines are something to consider. Count how many actual visits you get, and what keywords they use. If these work, try to stay on top of the search engines on a monthly basis.

  1. Email marketing

Email marketing is the most misunderstood term online. When you are contacting people online, you need to keep your offer to the point. Make your first contact less than one printed page. In email, your first contact should be a few paragraphs. Use bullets and introduce what you have to sell. Your goal here is to:

  • Get them to contact your autoresponder

  • Get them to visit your Web Site

  • Become long term customers by hearing from you on a periodic basis via email.

  1. Discussion groups

These are often called newsgroups, which in the early days was a great place to market. Today, most newsgroups are dominated by spam, and people arguing. A better suggestion is to visit mailing lists run by moderators on specific topics. Visit http://www.dejanews.com and http://www.liszt.com for complete listings.

There are also discussion boards online where you can target customers as well. Be careful when you email them, because many people use these as non-commercial places to discuss their interest. They are great places to get market research, ask your prospects questions, and show them your Web site by participating. But be careful; this is a slow and long way to market, better suited to consultants than to people selling products.

  1. Ezines

The e-zine is just a fancy way of saying an article or collection of articles published online. Most of these come in the form of "newsletters" and consist of various information that will hopefully be of value to those subscribers and visitors. The focus and purpose of the Ezine is to attract attention to other sites and services or products that will be available to purchase at a profit for the company offering it. You can buy advertising for a specific market through these as well; visit http://www.dominis.com and http://www.lifestylespub.com for examples.

  1. Business Directories and Free areas to promote your site

There are many free areas to post your site address, including some search engines. Many business directories have developed. While you may not get so many leads from them, you can target your prospects here very easily. What you are looking for are the few resources for your subject, the sites that have to do with what you are offering. A good business directory or free area to list is a gold mine that you can target your message to. Visit http://www.mmgco.com/ and look for their Top 100 listing to get started.

  1. Banner Ads

Banners are advertisements usually found on high traffic sites that lure the potential customer to click that banner and bring them to another site so they can sell or promote a product or feature. The focus and purpose is to first, arouse the attention of the prospect by making an attractive offering and reducing the resistance of that person, inviting them in to a specific offer related to the banner ad. Good banner ads emulate familiar behavior, like using the Windows interface, and include a headline with a call to action. Visit http://www.linkexchange.com and http://www.markwelch.com, as well as http://www.smartclicks.com and http://www.linkomatic.com for ideas. If you want a good free banner created, visit http://www.animation.com.

Case Study: ReunionMasters -
http://www.reunionnetwork.com

A husband and wife team were working out of their home, wanting to create a national business. They could not afford a Web Site, and asked me to help. I told them to find a Web Site where many people were visiting, and create a per sale commission for the owner of that site.

    1. Your Business Objective
    2. ReunionMasters wants to become a national reunion company. We target high school reunions with more than 500 people attending the reunion. Our average reunion costs $10,000 and more. If we can find the person in charge of the reunion, the sale is easy, since they have a budget.

    3. Description of Product/Service (in two sentences or less)
    4. We orchestrate so you can celebrate your reunion with friends. We set up everything for your reunion to make it memorable. We rent the space, set up a theme, contact your classmates, send out invitations, and handle every aspect from music to catering. Our goal is to make it the event a success by putting our expertise into action.

    5. Your Target Goals in Terms of Sales, Savings, and Time
    6. We want to generate at least 10 sales in our first year and grow our business by branching out to many different states. Our long term goal is to develop a referral system and word of mouth advertising so that people know the ReunionMasters brand name throughout the U.S.

    7. Key Problems Your Customer Faces
    8. Reunions are run by one person, who doesn't know where to look or how to differentiate one company from another. We need to build trust and name awareness by advertising in key markets where they meet.

    9. Your Customer Profile
    10. Our target is predominantly female, age 35-60, who have run their reunion campaigns, and will often run future events. They are located throughout the U.S.

    11. The Top Internet Places to Market and Joint Venture
    12. Since we could not afford our own Web Site, we found a college student who had a huge reunion center. People went there to find classmates and learn about how to throw a reunion. We included a free, how to report on throwing your own reunion, and invited them to call us. The owner of the Web site was paid a commission for each sale. Through this joint venture we were able to get our business rolling with 10 sales our first year, with absolutely no money spent on advertising. It was all done through the joint venture. Since then we have developed our own Web Site and are joint venturing with other sites and companies nationwide.


 

C. How To Turn Your Visitors Into Long Term Customers

Step 5. Follow Up With Your Customers With Opt-In Lists

Objective: Now that you have established initial contact and are building your email mailing list, follow up and give bonuses, customer service, and incentives to turn your customers into long term customers.

The Web builds on conversation, on discussion. Opt in lists mean that you offer to keep in touch with people via email for a long period of time. In return, you have to give them something of value and sell them.

Just be sure to sell them in cycles. People buy at certain times of the year. People on a list will buy if you do not overwhelm them. Give them offers over and over again, but be wary of tiring them out. The goal is to find the cream of your customers, those who will buy most anything you have to sell. You can do this in many ways:

1. Reminder Services: Remind them of special dates, news, or important moments related to their interest. For example, Hallmark Cards invites visitors to leave their special dates and reminds them of these dates. They also send advertising to sell them cards related to those dates.

2. Product Updates: Keep people informed of the latest updates or additions to your inventory. Amazon.com uses its bookstore as a list builder. It informs you of new books relating to topics of your choice. They target their message subject to the topics you indicate interest in.

3. Web Site Updates: This is a familiar and somewhat successful way to remind people to visit your Web Site. For large sites that update often, this is a good tool. For small businesses, this has questionable value. But you can test it.

4. Online Newsletter (ezine): This is a popular form of advertising. The Web Letter uses an online newsletter to add to is bi-monthly print publication. Send out the latest news, research, and information for your subject. Deliver it by email and it costs virtually nothing. You also include advertising for your products, services, and Web Site.

5. Personal Column: Develop a unique perspective and email people your thoughts. This kind of approach personalizes your business and if it taps into a passion, can lead to a large following. Good writing, humor, and viewpoints will get people reading. You can find many good techies, but not so many good writers.

6. Stories: Develop a storyline around what you are selling. Television commercials try to do this, but since it is TV, you do not know when the next one is coming. This approach could be used to tell a success story, how someone used your product or service, and generate interest like any good mystery. People will want to know how the story turns out. Storytelling is an effective way to deliver your message and keep them interested.

7. Special Invitation Reserved for You: You can invite someone to visit your site with a special invitation. This can be a special Web page, special report, survey, information, or secret that gets them to visit. Keep this page brief and entertaining, then point them in the direction of the rest of your site with 2-3 good headlines and a link to your home page.

8. Contests and Surveys: Challenge people to search your site for clues, or invite them in to win one prize per month. The key here is to make your survey or contest easy to join, and to follow up with information about the contest, who won, and also about the product or service you are offering. Be sure to check with your attorney when running a contest because of local laws. As long as you follow the rules, contests are a great way to generate traffic. If you use surveys, just be sure not to ask too many questions. People like to participate, but they don't want to feel like they are working.

Step 6. Look for Endorsements and Add Bonuses to Your Offer

Add bonuses to whatever you sell. It is easier to get people to commit to spending money, when they get more value than what they spend.

If you are selling a product or service, offer free reports tailored to a specific market if they buy. Give them password-protected access to a special section for your insiders. Put a dollar value to these bonuses. These bonuses will make your offer more appealing both to customers, and to people who would like to endorse you to their customers.

For example, if you buy my newsletter, I could give you a free banner ad at my Web Site.

Wait a minute, what is the value of that? Let's reword the offer.

If you buy my newsletter for $97, I will give you two free months of banner advertising at my site, worth $200.

I have just turned your $97 purchase into a $297 value. I have added a bonus.

Even better, if I want you to endorse me to your customers, I will let you review my product, get a per inquiry or a per sale commission, and give you free advertising at my site, in exchange for an ad at your site.

Examples of great online bonuses are:

1. Email consulting and customer service. Automate your responses to your clients and free time up from the telephone. Email is your greatest asset as a lucrative bonus, as well as a time saver. Use it to support your customer base without tying up your phone.

2. A Members section for secret reports, discussion boards, and special offers for those who affiliate with your business.

3. Special reports and newsletters delivered digitally. Information products are a great bonus to add, and if you deliver them online, the cost is minimal.

4. Become a Web editor for your topic recommending links. Use these links as an advertising tool as well, get people to return them by qualifying the best sites for them to visit. Do not make it an endless list, make it a recommendation.

5. Give them success stories. Interview an expert, or a client who has succeeded using your product or service. Share this as a free bonus. Even better, get another publication to interview you, then share the interview in your materials. They do the publishing, get publicity, and if you are smart, will split the sales to your list of their product as well.

6. An audiotape about your product. It is a great selling tool and very cheap to create, package, and mail. This involves direct mail, so be sure to qualify your prospects. You can even put a snippet online to give them a taste.

7. Teach them something that is Web related, computer related, or has to do with your subject and their interest.

8. Offer banner ads and links at your site as bonuses.

9. Put a special article, stories, or discussions from others at your site as a bonus. Give them a link to their page in exchange for demographic information, giving details of what they are interested in. This will help you identify trends, sell targeted products, and keep giving them what they want.

Customer Service is a Lead Generator for Dell
Michael Dell of Dell Computers does not focus on his per month sales, which are growing. He believes that customer service online is what forges a relationship and brings people back to buy again and again. Surveys show that he is right; people want the sense of a human being working with them, and supporting their buying decision. Free customer service is not only a good bonus, it is good business to develop long term customers.

Step 7. Find More Products and Services to Offer

The final step is simple; you have looked at what you offer, now what other products and services do your clients want?

Provide reseller opportunities for products, referral opportunities for services, special pricing for good customers, and pay them for working with you by continually rewarding them with much more than they paid for. The Web is developing into a referral system. Give them more than they had by offering deals for inquiries, sales, and ongoing sales - some Web businesses have offered commissions for up to a year on all the products/services a referral brings in.

The idea is simple; you find someone else who has a product or service that is of interest to your customers. You can either create this yourself, which will take time and may detract from your business. Or you can joint venture or set up an arrangement that makes it beneficial for both of you to work together.

Online these are called "Affiliate Programs", because you set up another site as an affiliate for your business. Many businesses are turning this into an online form of retail, where high trafficked sites with customers are paid a percentage for generating leads and sales for other sites via two models:

  1. The Per Inquiry Model: This is when a business pays another for leads, such as www.edmunds.com, which sold leads for people buying cars online to auto dealers. The dealers paid per lead.
  2. The Commission Model: This is when you pay someone for referring you business per sales made, or commission. Amazon.com made this famous with their bookstore, in which a referral fee is paid for linking to a book at amazon.com. Tracking can be tricky at first, but this is a great way to generate leads and sales.

To joint venture or offer other products and services, you simply need to find someone whose business will deliver what they promise. Match that promise to the needs of your customers you identified in Step 1 and you've got a great deal going.

The Internet is rapidly developing into a business mechanism through a simple realization:

Sometimes our partners are competitors, and our competitors partners.

While you still have to compete, the success of your business will be its relationships to others offering related products and services. Your network is crucial to your survival, so be sure to define your sales process for these final steps in terms of what you are offering, want to offer in the future, and what is better to joint venture.


Determine Your Lead and Follow Up Items, and How You Can Offer Them

To succeed online, you will need to outline your sales process, from first contact to follow up.

  1. What is your lead product or service?







Lead products under $100 meet little price resistance online, while those less than $40 sell easily to online shoppers. If you are selling a lead item, make sure that you follow up to move them to your more expensive items. It is easier to make a $30 decision than a $3,000 decision, and if you sell an expensive product, be sure to get them on the phone to close the deal.

  1. What is your follow up product or services?







Be sure that you clearly define your sales cycle, from lead product to follow up. Statistics show that products often sell for less than $100 or more than $500. This general rule shows how a good, low cost entry point is vital. And if you are running a catalog with many items, just make sure to focus your visitors on specific items for your lead generating. Don't send them to your entire catalog when they are interested only in one section.

  1. What bonuses can you include to add value to what you offer?




  1. How can you set up affiliates: is per inquiry or per sale possible? Explain below and be inventive; make it appealing to your affiliates as well as your customers.




Case Study: HomeTown Marketplace -
http://www.htmp.net

Spiller Anderson began one of the first affiliate based programs in 1996. He had seen a seminar, did not have a computer, and did not understand the Internet. What he did understand was a simple, proven business model based on creating local agents to resell his Internet products and services locally, serviced by his company.

  1. Your Business Objective
  2. HomeTown Marketplace (http://www.htmp.net/) targets local advertisers for the Internet. By setting up local agents and giving them the technology to succeed, all they have to do is market and promote this in their local area. We empower the local agent through a national network.

  3. Description of Product/Service (in two sentences or less)
  4. Internet advertising, Web sites, and classified ads are the main products sold by this company. They provide a local market for the Internet community, backed by local agents.

  5. Your Target Goals in Terms of Sales, Savings, and Time
  6. We wanted to generate about 100 agents our first year. The figures we generated are staggering, because the demand for localized Internet advertising is tremendous. We target the income generated for classified advertising, print advertising, and television/radio advertising, to add the Internet as another component.

  7. Key Problems Your Customer Faces
  8. Finding anything in their local area about the Internet. The Internet is overwhelming, and needs to find an advertising mechanism to appeal to local advertisers.

  9. Your Customer Profile
  10. Our target customers are small businesses located throughout the U.S. and Canada who cannot afford a fancy Web Site or advertising, and need to plug into a system that gives them Internet access at an affordable price.

  11. The Top Internet Places to Market and Joint Venture
  12. Most of our marketing is not done online. We target local media companies who are already selling advertising, chambers of commerce, local groups, and associations for a specific niche.

    Online we advertise to promote the site, but most of our sales and leads come from the real world. This is an advertising mechanism we put into place to help augment current marketing efforts.


 

Conclusion: Keep it Simple

Objective: Begin the process again. Test always. Don't reject anything. Accept what works. And recognize your mistakes and errors as the key ingredients to your success.

Business online is not that difficult to figure out; you test, see what works, and put your money into what is working. Sometimes this happens overnight. Sometimes it takes a few months. Sometimes it can take longer. It all depends on how accurately you target your customer base and how quickly you can find out how to deliver what they want.

Marketing Tools

You will need to use:

  1. Your Web Browser effectively as a target marketing tool; use your bookmarks to automate your marketing process, with the sites your regularly visit. If you choose to market on newsgroups, you can use your browser for this as well.
  2. Use your Email program to communicate with mailing lists. The two best are Eudora (www.eudora.com) and Microsoft's Outlook (free with Internet Explorer 4, a great tool.)
  3. A database, any database, to organize your information. Microsoft Access, ACT, and Microsoft Access are simple ones to use. This is critical to your business. Use these to personalize your email by name, also check out http://www.mailking.com for an easy to use program to do this.
  4. Great sales letters; test your headlines online and find which ones pull best. Push people to different email addresses for the same offer. You test headlines by seeing which Web Page gets visited more. Then track how many visitors contact you (Ratio 1), and how many you Close (Ratio 2).

These tools will allow you to communicate and follow up with your customers via direct mail, direct email, and telephone. You can also train anyone to use this system.

The Internet Sales Channel Is Powered By Systems That Work Without You

Dear Friend,

What will you say about your business when it is over?

Businesses, like everything, do end. If you don't plan on how you would like it to end, you leave it entirely up to chance. I realized a fatal flaw in my approach that I am correcting.

So when I was forced to write about how I wanted my business to end, I was confused. I never thought about the end. And what I learned is that this attitude kills most businesses.

Most entrepreneurs create jobs for themselves. What is revolutionary is to create a system that works without you. It's the same logic that Ray Kroc applied to McDonald's. He created a system where the business could train people to do the tasks.

Here's how I see it: a Job depends mostly on me. If I can't do the job, no one will. A business depends on the system. You break down all the work and delegate it. Then you can go away, relax, or at least have it work, while you are not there.

Work on creating your system, and please feel free to visit my Web Site if you have any questions. I look forward to hearing from you.

Peace,

Declan Dunn

This Action Plan is just part of the E-Business Maximum Cash Flow System, a complete, turnkey training system that shows you how to dramatically increase your revenues through Strategic Internet positioning and quick testing.

For more information, visit:

http://webletter.net/impact/

or call me at (530) 873-3637, fax me at (530) 873-0192, or email dunn@webletter.net. Let me know the challenges you are facing, and I'll share three free issues of my newsletter.

Special Worksheets

7 Step Plan Diagram


The Web
Conversion Plan