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Part
Five: Accepting Payment Through Your Web Site
By
Shelley Lowery
If
you're doing business on the Internet, accepting
payment through your website is an absolute
must. If you're not processing orders online,
you're losing a great deal of money in lost
sales. Studies have shown, you can increase
your online sales by up to 400% simply by accepting
credit cards. With today's technology, processing
your customer orders online can be as simple
as pasting a code within your web page HTML.
Preparing
your website to process orders online isn't
as difficult as you may think. There are basically
two options. The first option is to set up a
merchant account. This entails either making
arrangements with your bank or using an online
company. The second option is to use a third
party credit card processor. This option requires
no merchant account and usually entails setting
up a form or placing a link on your order page.
Merchant
Accounts
If
you'd like to set up a merchant account, keep
in mind, you will also need a shopping cart
system and access to a secure server. Many web
hosts will provide you with both. If yours doesn't,
this professional web host does:
A
merchant account, for Internet transactions,
will enable you to accept Visa, Mastercard,
American Express and Discover.
Third
Party Credit Card Processors
If
you'd rather not have your own merchant account,
third party credit card processors will process
your credit card orders for you. There are usually
no monthly fees. They charge a "per transaction"
fee and send you payment for all of your orders
processed, minus their fee and a reserve fee.
A reserve fee is withheld to cover and charge
backs you may have. If you have no charge backs
within a period of time, your reserve will be
refunded to you. Each company has their own
guidelines in regard to reserves.
The
following websites will process credit card
orders for you:
PayPal
PayPal
will enable any business or consumer with an
email address to securely send and receive payments
online. You can also accept Visa, MasterCard,
American Express, Discover and electronic checks.
You can sell with PayPal through an online auction,
on your own website, or as part of an online
marketplace. They also offer recurring billing.
There are no setup fees. They charge 2.9% +
30¢ per transaction. Services available
for US and non-US merchants.
ClickBank
CLICK
HERE
ClickBank
will enable you to accept Visa, MasterCard,
American Express, Discover, Eurocard, Visa-Debit,
MasterCard-Debit, Novus cards and electronic
checks.
They
charge a one-time $49.95 activation fee, and
a $1 + 7.5% fee per sale. There are no monthly
fees. The great thing about this company is
that they'll enable you to run an affiliate
program. Services available for US and non-US
merchants.
If
you're just starting out, you may want to use
one of the third party credit card processors,
as this is the easiest route for new Internet
businesses. Each company provides you with step
by step instructions to assist you in getting
your website set up to accept credit cards.
The great thing about third party credit card
processors is that they handle everything for
you. You don't have to hassle with processing
your credit card payments or charge backs, as
all of this is taken care of for you.
If
you're serious about your online success, you
must have the ability to process your orders
online. With today's technology, even the smallest
homebased business can now accept credit credits
almost instantly. Visit one of the websites
mentioned above and get your website set up
today. Your success depends upon it.
Part
Six: Setting Up Your Affiliate Program
By
Shelley Lowery
If
you're marketing your own product on the Internet,
you can dramatically increase your sales with
an affiliate program.
An
Affiliate program will enable you to recruit
an unlimited number of individuals to sell your
products. The key to obtaining affiliates is
to offer a nice commission for each sale. The
higher the commissions, the more affiliates
you'll recruit.
There
are thousands of affiliate programs on the Internet.
In order to be successful you must sell your
affiliate program just like your product. In
other words, your affiliate letter should be
written like a sales letter. You must persuade
your visitors to join your affiliate program
by packing your affiliate sales letter with
benefits. Tell them exactly what your affiliate
program will do for them, how much commission
they will receive and make the sign-up process
simple.
One
Tier Verses Two Tier
One
tier affiliate programs pay commissions on one
level. For each sale an affiliate makes, they
will receive a commission. For example, if you
offer your affiliates 30% commission and your
product sells for $39.99, for every sale your
affiliate makes, they will receive a $12 commission.
Two
tier affiliate programs pay commissions on two
levels. Affiliates will receive a commission
for each sale they make and for each sale their
recruits make. Two tier affiliate programs usually
divide the commissions over the two levels.
For example, if you want to give your affiliates
a total of 30% commission for each sale, you
would offer 20% commission on their first level
sales and an extra 10% commission for second
level sales. If your affiliate makes a $39.99
sale, they would receive a $8 commission. If
one of their recruits makes a sale, they would
receive an additional $4 commission.
Increasing
Affiliate Sales
Nobody
knows more about your product than you do. Provide
your affiliates with banners, sample ads, articles
or anything that will assist them in making
sales.
To
further increase sales, create an ebook that
is directed towards your target audience and
allow it to be freely distributed. This ebook
should be packed with valuable information and,
at the same time, used as a sales tool for your
product. Customize a copy of your ebook for
each of your affiliates and allow them to freely
distribute it. You can customize the ebooks
yourself or purchase an ebook compiler that
enables your affiliates to customize your ebook
themselves. Not all compilers will allow customizations.
I highly recommend Ebook Edit Pro. You can find
it here:
http://www.web-source.net/cgi-bin/web/jump.cgi?ID=2894
To
keep your affiliates motivated, set up an opt-in
list to enable them to subscribe and receive
new promotional methods, sales letters and articles
to assist them in making more sales. This will
not only increase their sales, but it will also
enable you to keep in contact with your affiliates
and introduce new products.
Setting
Up Your Affiliate Program
When
you're ready to set up your affiliate program,
there are basically two options. The first option
is to purchase an affiliate software program.
Affiliate software will track your affiliate
sales and enable your affiliates to view their
stats. This option requires that you run your
affiliate program and you are responsible for
accepting payment and sending out commission
checks.
The
second option is to use a third party affiliate
tracking company to run your affiliate program
for you. These companies will track your affiliate
sales, enable your affiliates to check their
stats and send out commission checks for you.
Affiliate
Tracking Software
AssocTRAC-
A great affiliate tracking software that features
real time tracking of stats. It tracks both
visitors and sales for each associate to determine
not only the quality of visitors, but also if
your sales copy is turning visitors into buyers.
It includes an easy sign up process that instantly
creates accounts for associates so they can
be up and running within five minutes. An autoresponse
email message is instantly sent out with linking
instructions and other detailed information.
This powerful software tracks through the use
of cookies and CGI scripts.
http://www.web-source.net/cgi-bin/web/jump.cgi?ID=2333
Pro-TRACK
- A great affiliate tracking software that will
enable you to keep track of sales and which
affiliate the sale originated. Although the
standard version won't compute any sales data
(owners manually keep track of sales), it is
an excellent way to track and compensate your
affiliate sales. The Pro version will not only
track where your sales originate, but also provide
you with the statistics you'll need to track
how well your affiliate program is doing.
http://www.web-source.net/cgi-bin/web/jump.cgi?ID=61
Affiliate
Tracking Companies
ClickBank
- This Company will not only enable you to accept
credit cards, but they will also run your affiliate
program. Over 60,000 affiliates can choose to
sell your products for you. ClickBank enables
any web seller to automatically pay sales commissions
to affiliates. They will bill your customers,
pay you, and pay your affiliates a commission.
They charge a one-time $49.95 activation fee,
and a $1 + 7.5% fee per sale. There are no monthly
fees.
http://www.web-source.net/cgi-bin/web/jump.cgi?ID=196
Click
Trade - Lets you create your own affiliate program
to allow others to send paying customers to
you. Your business can reach new customers by
being featured on thousands of affiliate sites.
They have over 120,000 affiliates already interested
in participating with your affiliate program.
http://www.web-source.net/cgi-bin/web/jump.cgi?ID=194
Take
your time and select the best affiliate option
for your business. If you're just starting out,
you may want to use one of the third party affiliate
companies, as this is the easiest route. You
won't have to worry about anything, as everything
is taken care of for you. This will enable you
to concentrate on making more sales and developing
new products.
Part
Seven: Paying For Traffic
By
Shelley Lowery
If
you've been struggling with your website traffic
and your sales aren't what you had hoped for,
then maybe it's time to start paying for traffic.
Pay-per-click
Search Engines provide an extremely effective
means of obtaining highly targeted traffic to
your website. The concept is simple. You bid
on targeted keywords for as little as .001 per
click and receive targeted traffic to your website.
The
key to using this technique effectively is to
focus on one specific product and select highly
targeted keywords. This will help you to weed
out all of the window shoppers and attract your
specific target audience.
Viewing
Search Terms
Most
pay-per-click Search Engines will enable you
to view exact "search terms" that
have been used to perform searches. Use this
to your advantage. You can find out exactly
what "search terms" are being used
for your target market and place your bids accordingly.
Try to create a list of as many relevant keywords
as possible. The more keywords you bid on, the
more traffic you'll receive.
When
bidding on keywords, keep in mind that in order
to be successful, you don't have to be listed
at the top. Although receiving a listing in
the top three positions will produce major traffic
through Goto.com, most of the time, you must
have a large advertising budget to compete.
Before
placing your bid, perform a search to find out
how much your competitors are paying per click.
Try to place your bid so that your listing will
appear on the first page to increase your chance
of success. By selecting highly targeted, less
popular keywords, you'll not only attract a
more targeted audience, but you'll also obtain
a higher listing for less money.
Your
Ad Copy
Your
headline and copy are the most important part
of your entire strategy. Your headline must
grab your potential customer's attention and
force them to read on. Your copy should tell
them exactly what you have to offer and convince
them to visit your site. Try to avoid attracting
freebie hunters by mentioning free stuff within
your ads. By weeding out those potential visitors
expecting to get something free, you will attract
a more targeted audience of potential buyers.
There is no need to pay for visitors that weren't
interested in buying anything in the first place.
Your
listing should lead your potential customer
directly to your product with no other distractions.
In other words, if your product isn't on your
main page, then don't direct your potential
customers to your main page and make them search
for your product. Direct them to your product's
page.
Reveiwing
Your Reports
Once
your campaign begins, make sure you take the
time to review the reports provided by the pay-per-click
services. These reports will provide you with
information in regard to how well each of your
keywords are performing and enable you to adjust
your keywords or change your bids accordingly.
To
increase your traffic even further, don't just
stop with one pay-per-click Search Engine --
try several at time. The more streams of traffic
flowing to your site, the better.
Here
is a list of some of the top pay-per-click Search
Engines:
http://www.overture.com
http://www.Bay9.com
http://www.Win4win.com
http://www.Findwhat.com
http://www.7search.com
Visit
http://www.payperclicksearchengines.com for
a complete list of over sixty pay-per-click
Search Engines and reviews.
If
you're serious about your business and you're
ready to drive a stampede of targeted traffic
to your website, then give the pay-per-click
Search Engines a try. They're well worth the
small investment.
Part
Eight: Purchasing Advertising
By
Shelley Lowery
If
free advertising ventures aren't providing you
with the response that you had hoped for, maybe
it's time to consider purchasing some advertising.
If
you really want to build your business online,
you must be willing to invest a portion of your
profits back into your business. There are several
advertising opportunities available on the Internet
that will enable you to purchase targeted advertising
very reasonably.
Ezine
Advertising
Ezine
Advertising is one of the most effective forms
of advertising on the Internet. Not only is
it effective, but it can also be very inexpensive
depending upon the size of the publication.
The
key to using ezine advertising effectively is
to target your audience and track your response.
You must test the effectiveness of both your
ad and the publication in which you're advertising.
This will enable you to determine which ads
are pulling the most response and which publications
are providing you with a high response rate.
When
selecting an ezine to buy advertising, there
are a few factors that should be taken into
consideration:
1.
Select an ezine that targets your potential
customer. In other words, if you were selling
health products you wouldn't want to advertise
in a "marketing" ezine. You would
want to advertise in an ezine that focuses on
health.
2.
The size of the publication really isn't a factor
in determining your ad's success. Smaller publications
will many times have a higher response rate,
as they may have a higher percentage of subscribers
that actually read the publication.
3.
Before buying advertising in a publication,
make sure you subscribe to a few issues. You
want to ensure that the publication contains
quality content and see how their ads are displayed.
If they're running 15 or 20 ads each issue,
your ad's response rate will most likely be
low. Try to select a publication that runs only
a few ads each issue and places them in the
center of the publication.
4.
Contact the ezine publisher to make sure that
they never run two ads for similar or the same
product. This will increase your response rate
immensely.
The
Directory of Ezines provides a complete online
searchable database of ezines that accept advertising.
This directory contains all of the information
you'll need to know to effectively place your
ads. There is a $39.95 per year membership fee.
http://www.web-source.net/cgi-bin/t.cgi?l=doe
If
you're looking for a low cost alternative for
purchasing ezine advertising, Ezine Ad Auction
will enable you to bid on ad space in targeted
ezines.
http://www.ezineadauction.com
Pay-Per
Programs
Pay-per
programs include, pay-per-click, pay-per-lead
and pay-per-sale.
Pay-per-click
programs will enable you to advertise to your
target audience and only pay for results --
you pay a set amount for each visitor that is
sent to your website. The most popular pay-per-click
program is the pay-per-click Search Engines.
You can learn more about pay-per-click Search
Engines here:
http://www.payperclicksearchengines.com
Pay-per-lead
programs will enable you to only pay for leads.
These leads may be potential customers that
fill out a registration form, enter a sweepstakes,
or download a free product trial.
Pay-per-sales
programs are simply affiliate programs. You
pay your affiliates a set commission for each
qualifying sale.
You
can find a number of Pay-Per programs here:
http://www.clickaffiliate.com
Another
form of a pay-per-click program is pay-per-click
banner ads. There are several companies online
that will place your banner within their network
and charge you a set fee for each click through.
Here's
a few to get you started:
Value
Click
http://www.valueclick.com
I-Clicks
http://www.i-clicks.net
PennyWeb
http://home.pennyweb.com
Opt-In
Email Marketing
Another
powerful advertising method is opt-in email
marketing. There are many Internet companies
that will allow you to purchase targeted lists
of individuals who have chosen to receive commercial
email messages. Although this form of advertising
can produce a good response, it can be rather
expensive. Make sure you have fully tested your
sales copy and have a good response rate prior
to purchasing this type of advertising. In addition,
make sure you only deal with a reputable company,
as there is a very thin line between "opt-in"
and "spam." Some of these companies
may use unethical means of obtaining email addresses.
The only company I can recommend is PostMasterDirect.com.
Before
purchasing any "major" advertising,
make sure you have fully tested your ad copy.
Take your time and plan your advertising carefully
for the best results. Your success depends upon
it.
Part Nine:
Building a List of Potential Customers
By Shelley Lowery
Developing
your own list of targeted potential customers
is the absolute most important marketing strategy
you can use.
No
matter what strategies you're currently using,
if you're not collecting the email addresses
of your potential customers, you're literally
guaranteeing your failure.
Opt-in
lists provide you with the ability to create
a targeted list of potential customers in which
you can advertise on a continual basis. You
will have a direct line of communication, which
will increase your sales considerably.
The
key to creating an effective opt-in list is
to provide your subscribers with quality information.
The best way to do this is to provide them with
a weekly, bi-weekly, or monthly ezine. An ezine
is a newsletter or publication that is sent
to subscribers who have chosen to receive your
publication.
For
further information on creating an ezine, download
the free ebook, "Ezines: A Complete Guide
to publishing." http://www.web-source.net/free_ebooks.htm
In
order to build a database of potential customers
and start collecting email addresses, you'll
first need to set up a mailing list. This mailing
list must enable your visitor's to submit their
information and subscribe them to your list.
There
are many free list services that will enable
you to set up a mailing list. However, they
are not recommended. They will not allow you
to personalize your messages with your subscriber's
names and they require your visitor to reply
to a confirmation message.
For
a complete guide to setting up your own opt-in
list system, read the article, Creating, Managing
and Building Your Opt-In Lists.
http://www.web-source.net/optin_lists.htm
If
you'd rather not have to set up your own system,
here are some good scripts you can run on your
server:
1-2-All
Broadcast
http://www.12all.com
A
complete list management system including HTML
or plain text newsletters, MySQL database, personalization
features, automatic removal links and more.
AutoResponse
Plus:
http://www.web-source.net/cgi-bin/t.cgi?l=autoplus
Complete
list management including unlimited lists, HTML
or plain text mailings, MySQL database, customizable
auto-personalization of messages, automatic
removal links, unlimited folow-up autoresponses
and more.
Building
Your Subscriber Base
There
are many powerful ways to build your subscriber
base. However, for this article, we will only
focus on the "best" ways.
Your
Website
Place
a subscription box on every page of your website.
Make sure you don't overlook this powerful means
of gaining new subscribers. Your visitors will
enter your website from many other pages other
than your main page. They may never even visit
your main page, so make sure your subscription
box is visible on every page of your website.
Incentive
Subscriptions
This
powerful means of obtaining subscribers entails
offering your visitors a free gift in return
for their subscription. This free gift may be
a free ebook, software, or report. This method
of obtaining new subscribers will increase your
subscription rate immensely.
Download
free ebooks that you may use as incentives here:
http://www.web-source.net/free_ebooks.htm
Writing
Articles
Write
informative articles and allow them to be freely
published. By writing articles, you can significantly
increase your subscriptions. The key to using
this method effectively is to include your subscription
information within your bylines.
For
further information in regard to writing articles,
read the article, "Write For Publicity."
http://www.web-source.net/write.htm
Free
Ebooks
Create
a powerful free ebook and allow it to be freely
distributed. Place your subscription box on
each page. Your ebook will have the potential
to be viewed by millions of Internet users.
For
further information on creating an ebook, download
the free ebook, "Ebooks: A Complete Guide
to Self Publishing."
http://www.web-source.net/cgi-bin/web/jump.cgi?ID=500
Creating
and developing an opt-in list is an absolute
must. You must take every opportunity to promote
your publication and gain new subscribers. The
more subscribers you have, the more sales you'll
make. Make sure you don't overlook this powerful
method of making sales.
Part
Ten: Following Up with Your Customers
By
Shelley Lowery
Following
up with your customer, once you've made a sale,
is an important part of providing good customer
service. Not only is it an important part of
developing a good relationship with your customer,
but it will also enable you to introduce your
new products.
Although
sending out a personal message to each of your
customers may not be possible, you can provide
your customers with the illusion that your message
was personally sent. By using autoresponders,
you can eliminate the need to manually respond
each time you make a sale.
Autoresponders
Autoresponders
are one of the best promotional tools on the
Internet. They were designed to automatically
respond to any email message sent to it with
an automatic response. The more advanced autoresponders
will enable you to set up a series of autoresponse
messages to be sent out at a specified time.
You
can use autoresponders to send all of the following:
•
Thank you messages
• Welcome letters
• Order confirmations
Autoresponders
can eliminate many of your routine follow-ups.
However, they cannot eliminate your customer's
support requests and your future mailings.
Customer
Service
In
order to develop a good relationship with your
customers, you must provide them with quality
customer service. Let them know that, should
they have any questions or problems, they are
free to contact you. Provide them with all of
your contact information to make the process
simple. Even if you can't personally assist
them, make sure that you have a good customer
support group ready to help. Reply to their
support requests as quickly as possible and
assist them until the problem is resolved.
Your
customer service is one of the most important
factors in determining your customer's satisfaction.
Even if you have a great product or service,
if your customer support isn't good, your sales
will suffer.
For
every dissatisfied customer, you can expect
to lose one hundred new customers. Why? When
one customer has a bad experience with your
company, you can be certain that they'll tell
everyone they know about their bad experience.
It will travel through the grapevine and ultimately
cost you sales.
Follow-up
with your customers and ask them how they like
your product or if they have any questions.
This is a great way to not only provide good
customer service, but to also obtain feedback
about your product. By listening to your customers,
you will know exactly what they want, what they're
having problems with and how you can develop
a better product.
Mailing
List
The
best way to follow-up with your customers is
to set up a mailing list. No matter what mailing
program you use, make sure that it will allow
you to send personalized messages. Your customers
need that personal touch. They don't want to
feel as if the message they received was sent
to an entire list. They want to feel as if it
was personally sent to them.
By
following up with your customers and providing
great customer service, you are creating a life-long
relationship. Satisfied customers are more apt
to purchase your new products in the future.
Treat them with the utmost respect and go above
and beyond the expected.
Copyright
© Shelley Lowery
About
the Author:
Shelley
Lowery is the author of the acclaimed web design
course, Web Design Mastery. http://www.webdesignmastery.com
And, Ebook Starter - Give Your Ebooks the look
and feel of a REAL book. http://www.ebookstarter.com
Visit Web-Source.net to sign up for a complimentary
subscription to Etips and receive a copy of
the acclaimed ebook, "Killer Internet Marketing
Strategies." http://www.web-source.net
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