moneywisealpha

[moneywisealpha]

Getting Paid to Type

Introduction

A transcriber is another great side hustle since it uses a skill that most people reading this already have – typing!

If you are able to listen and type simultaneously then you can make a good side income with this gig.

There are many sites that need good people to describe all sort of media such as:

Video Captions

Podcast Transcriptions

Sales Letter Scripts

People’s Audio Notes

Speeches

Videos

And much more!

The good news is that there is always new media the needs transcription so you won’t run out of work.  Plus, many places will let you start transcribing even if you are a newbie!

 Advantages

There are many advantages to being a transcriber.  First, it’s ok to start with no experience.  Second,  your task can be as simple as transcribing captions on videos.  Furthermore, transcription is easy to fit around other work because you set your own schedule.  You also have the freedom to work from anywhere that has a good Internet connection. 

As you gain more experience and obtain regular clients, you can expect higher pay.  Transcription is also a scalable business model—when you have more clients than you can handle, you can outsource your works to other transcribers that you have trained yourself!

Disadvantages

There are however some disadvantages as a transcriber.  As with any new career, the entry-level jobs are not well paid and it will take some time to build up your reputation.  To make good money you need to be both a quick and accurate typist too.  The work can be tedious so you need strong self-discipline to get the work done on time.

Tips

From time to time, you should check out general job sites that aren’t just about transcription because they may have other good-paying jobs related to this side hustle.  You also definitely need to work someplace nice and quiet in order to concentrate.  Transcription should be treated as a proper job even if it is only a part-time job or side gig for you because your clients will appreciate your punctuality and refer other work to you. 

Note: If you want to be a good transcriptionist, you should have a typing speed of at least 60-80 words per minute that is also accurate.

Additionally, if you are fluent in another language, you can combine transcription and translation jobs too!

 Earning Potential

The earning potential for this gig depends on how fast and accurate you can type.  Most places will pay you based on an audio-per-minute rate so that the faster you finish the task, the more you get paid.

For example:

A transcription job is offering $0.40 per audio minute so on average this is around 100 words.  If you can type 60-80 words a minute this will mean you are earning about $15-20/hour. However, if you start off slower this amount will be less.

On average newbies will earn anything from $3.00 to $9.00 an hour and experienced transcriptionists earn an average of $20.00 an hour.

The most experienced transcription professional can earn up to $40.00 an hour.

 Recommended Transcription Sites

The Workshop

Audio Transcription Service Company

TranscribeMe

CrowdSurf

Speechpad

 Conclusion

Transcription may not be for everyone.  Slow and inaccurate typers will find it hard to make good money but it’s definitely worth trying out.  It’s one of the most in-demand freelance gigs out there so you be able to find lots of work.  The largest advantage of this side hustle is that you get to choose what transcription jobs you want and how much you work and when you work too!  Plus, you don’t need anything special to get the job done—just a good headphone, keyboard, and decent Internet connection!

[moneywisealpha]

Getting Paid To Write

Introduction

Do you have a passion for writing?

Have you ever written a blog article for your own blogging website?

Or, have you ever compiled a review of something to use as a video script or add to an article site?

If you have then you already possess the skills required to be a freelance writer and get paid good money for doing something you already qualified how to do!

Additionally, it doesn’t have to be just about writing, you can also get paid to proofread other people’s work or even transcribe their audio.

What’s the benefit of this side hustle is you don’t need to go all in. You can selectively choose your jobs and tailor them around everything else you have going on.

 Pros

Lots of writing jobs

You can do it remotely and when you want.

Can be very interesting work since there are a lot of topics to write

No boss--you manage yourself.

Easy to tailor around other related jobs or

If you are passionate about writing already then you are getting paid to do something you

 Cons

Strong disciplined is needed to get the work finished.

Inconsistent cash flow if you can’t get stable writing jobs.

You must manage marketing to find

Can be boring if you must write something that you are not passionate about.

It takes a while to build up your writing portfolio to get offered high paying jobs.

Lots of competition to get chose for more popular publications.

 Recommendations

 Double-check to word count limits and abide to them or your work might get rejected.

Write for the target audience of the blog or site you are writing for.

Use BuzzSumo's suggestions to find the in-demand topic to write about.

Most writing jobs expect you to write in a casual, “friendly”, style similar to the way you would talk to a friend.

Read and follow all the rules on the site you are writing for, they vary between different publications so you should always refresh your knowledge on them before you start a new

Make sure to carefully follow all the rules on the site you are writing for as they can drastically vary between publications.

You should read a lot too! You need to refresh and expand your knowledge before you write a new piece.

 Income Potential

Like most side hustles, the pay for writing or proofreading can vary, but you should be able to find ones that offer $300 - $700 for just one blog article post.

If you can get just 3 to 5 of these a month, you can potentially earn above $3k just from writing blog posts!

Getting higher-paying writing jobs are more difficult.  In the beginning, you will need to take on some lower-paying writing gigs in the $70 to $250 for blog articles in order to build up your portfolio.  However, with practice and good reviews—you can prove yourself reputable to the high payers and make some serious side income!

Below are the sides that we recommend to get writing jobs along with useful tips.

 Recommended Writing Sites

Clarkes World Magazine

Serious Eats @ Medium

Want to Earn up to $150 per Post? Write for MoneyPantry

Great Escape Publishing

Freelance WordPress Bloggers Wanted

Make a Living Writing

Write for Us | The RankPay Blogger Program | Get Paid to Blog

Write & Get Paid

Write for Better Everything you need to know about…

 Recommended Training Site For Freelance Writers

==> Start a Lucrative Freelance Writing Business with the Freelance Writer's Den!

 In Conclusion

If you are passionate about writing, or content with doing it for some good money, then this hustle makes sense.

There are numerous writing sites out there for you to try, and the compensation can be adequate that you can even make a full-time income for this side hustle if you wanted!

The concept behind this side hustle is for some extra income around your other related work, and you can make an extra several hundred dollars monthly initially or weekly when you are more experienced.

With enough experience and a solid writing portfolio, you can expect plenty of additional income!

[moneywisealpha]

The Marketing Tip To Boost Your Sales

Most businesses tend to practically ignore their prospects and even their best clients. This is a horrible thing to do, as you’d be leaving a ton of money on the table in doing so. 

One thing that you can do to help remind your prospects and customers about you is to send either an e-mail or a card with something like a thank you note along with an incentive to take some further action (like a discount or a freebie leading into a sales offer of yours). 

For instance, if you have leads that haven’t bought from you but who’ve expressed an interest of some kind, you can either automatically (via an autoresponder) or manually follow-up with them by writing an e-mail saying how you haven’t seen them in a while, want to thank them for previously reaching out, and then letting them know about either a freebie you’re currently offering, which can lead into a paid offer, or a discount or other incentive/deal that you currently have. This can help revive old, “dead��� leads into being active buyers. 

Likewise, if you have existing clients that bought one of your offerings but haven’t been active since, you can send them a thank you for being a customer along with a similar freebie or special discount/offer exclusively for your members/customers into some other offer you have. This can be a great and easy way to make more sales without a ton of effort. 

So follow up with old leads and past customers with a “we haven’t seen you in a while” message, thank you note, etc., along with a freebie, incentive, or discount to help drive more sales from them your way while also making them feel appreciated at the same time. 

For more easy ways to stay in contact with your customers and drive sales to your business, check out this tool BizFire's Free Funnel Maker & Analyzer.

 ==> [FREE] Become a Master Digital Marketer with 12 Days of Digital Gifts!

[moneywisealpha]

How A Themed Promotion Can Boost Your Sales

Any special promotions can help you drive sales, especially those sitting on the fence as to whether or not to buy from you. However, offering seasonal or holiday-themed promotions can help even more, as prospects not only immediately understand that it’s a limited time deal for a good reason, but you’ll also hit them up during a peak buying period. 

For example, the vast majority of people are probably already buying lots of stuff over Christmas, Valentine’s Day, Black Friday, etc., so you can ride that wave while they already have their credit cards out, while also standing out amongst the crowd of competitors by having something that they perceive as a special deal.   

Similar to other promotions, it’s often best to have these be very limited-time deals (even if you bring them back multiple times) so prospects don’t have the opportunity to sit on the fence too long. Three or so days is often the perfect amount of time to offer a special promotional deal, as long as you give them many reminders along the way.  For instance, if you have an email list and are offering a three-day special promotional offer, we recommend mailing once on day 1, twice on day 2, and three times on day 3. Using this method will get you a lot of sales on that last day, especially during the last hours when they know there’s no time left! 

One observation that we’ve had over the years, which many business owners seem to ignore or be unaware of, is that even “after the holiday” sales can be huge, especially for big holidays when people are often still at home, bored, and looking to buy or do something. We’ve run several webinars and special deals right after Christmas when most marketers in our niche were afraid to schedule anything then, yet that period of time would often get some of the highest amounts of sales and webinar attendance. Don’t assume that everyone is out visiting with friends and family. Some (okay … maybe all???) are looking for a break or just aren’t traveling then, so it can be the perfect time to run a special offer or schedule a special event! 

During holidays, different seasons, or any other special time of the year, it’s a good idea to create themed promotions with special offers to not only drive extra sales but to also stand out from the rest of the competition during high sales periods. 

For other marketing tricks to help increase your sales, check out this book 50 Marketing Tips & Tricks Learned After $100 Million in Sales Over 20 Years.

==> Free Download of Best Selling Marketing Books

==> Improve Your Marketing With These Services

[moneywisealpha]

How Creating A Sense of Urgency Can Help Improve Sales

Don’t you hate it when you’re searching for an item, find it at an amazing price, then see that shipping is going to cost you an arm and a leg? One way to increase your sales, especially over a short period of time, is to reduce the cost of your shipping or offer a sale period time where shipping is free. By putting a time limit on when you make free shipping available, you add a sense of urgency, encouraging customers to buy now, as opposed to at a later date. It’s also a good way to encourage customers who may have been on the fence to make a purchase now. 

For example, say you have a business that sells gardening supplies online. Reach out to your customers and let them know that for any supplies ordered by midnight on Sunday, you’ll offer free delivery. If you have regular customers that place large orders with you, you may even want to reach out and call them. On your website, make sure it’s clear that you have this offer available for a limited time - it may be a pop up on your website or the first thing your customer sees. 

So consider, for a limited time, offering reduced or free shipping on your products. The limited time frame creates a sense of urgency, encouraging customers to purchase now, as opposed to at a later date, and encourages customers who may have been on the fence to make the purchase. 

For more tips on boosting sales within your business, check out this book 50 Marketing Tips & Tricks Learned After $100 Million in Sales Over 20 Years!.

==> Free Download of Best Selling Marketing Books

==> Improve Your Marketing With These Services

[moneywisealpha]

Make It Easy For Customers To Buy: How Offering Free Trials/Demonstrations Can Boost Your Sales

Sometimes it’s hard to see the benefit of something we haven’t seen in action or tried first. Offering a free trial period, or a demonstration of your product can be a great way to alleviate a potential customer’s fears and make them confident the product will work for them. Also, once someone has tried something free they often feel obliged to reciprocate by purchasing from you - it’s the principle of reciprocity in action. 

For example, if you have a software product, offer a free 30-day trial, so customers can see how it works, use it, and see the results they get from it. You’ll get customers who may have sat on the fence or not purchased previously all of a sudden be ready to buy because they can get a chance to experience how great the product can actually be for them. 

There’s one tip we’ve learned over the years that can greatly increase your retention rate here (or essentially how many stay on past the trial period), and that’s to offer a free trial, but require them to enter their credit card or payment details. Instead of charging them, which can decrease the conversion rates even more, just authorize their credit cards for $1 or so (this is typically where their card temporarily sees a charge for like $1 that never officially goes through – similar to what many gas stations do when you pay at the pump). If you use Paypal, you don’t even have to worry as much about this and can just do a straight trial for X days that automatically charges once the trial ends (Paypal is typically very good at getting money from customers, whereas for credit cards you often have to authorize them to make sure that they’re legit to start with). 

You can also use trials as “special offers” whenever you want to run a sale. For instance, if you regularly sell a software tool for $997 / year, you can have a special offer where you do a free trial for 14 or 30 days. This can get a ton of people who’ve been on the fence to jump on this offer, as they know that the only other way for them to try out the software would be to pay $997 upfront. 

So make it easy for customers to see the value in your product and purchase from you by offering a free trial or demonstration of your product. You’ll get a chance to make them feel comfortable with your product and see how great it is for them, before having to lay down their hard-earned cash. This in turn leads to more sales, especially from people who may have been skeptical about your product without the chance to try it first. 

For more tips on sales and converting leads, check out this book 50 Marketing Tips & Tricks Learned After $100 Million in Sales Over 20 Years!.

==> Free Download of Best Selling Marketing Books

==> Improve Your Marketing With These Services

[moneywisealpha]

How to Improve Your Marketing and Create Hot New Products That Your Customers Already Want

How can you improve your marketing and create new products - products that your customers already want? Simple. Ask for feedback from your customers and see what the common themes are. What do your customers like most about your product? How can you focus on that more in your marketing? What do they believe that your product/service currently lacks? Think about how you can use their feedback to create a new/improved service and offer that to your customers. 

For example, perhaps you have a business that creates websites and the common feedback that your customers give is that they wish you also helped rank their site on search engines. You could create an additional service, where for a monthly fee you help rank their website. If you don’t know how to do this yourself, you could always outsource this part, but white label it as your own service - you still make a profit on the service but don’t need to do any of the work. You can offer this to your current customers, saying that due to their feedback and the demand, you’ve created this service to help them with what they want most. 

Ask for feedback from your customers, specifically on what they like most and what they dislike most/wish you offered. Use the feedback, on what they like most, and highlight it in your marketing. With what they like least/wish you did, create an additional or improved service/product and offer it to your customers. 

For more great marketing ideas to improve your business check out this free book 50 Marketing Tips & Tricks Learned After $100 Million in Sales Over 20 Years!

==> Free Download of Best Selling Marketing Books

==> Improve Your Marketing With These Services

[moneywisealpha]

How Focusing on the Benefits of Your Offer Can Help Convert Sales

So how can focusing on the benefits of your offer increase your sales? It’s a marketing technique that encourages customers to focus on the end result that your product will give them, which is a powerful motivator to encourage customers to buy. 

Your offer will have features (specifications) and benefits (the end result). In your marketing focus on the benefits of your service/product, instead of the features. It’s the benefits that sell your product, not the features. For example, does a person buying an anti-aging cream want to know that it contains the ingredient Q10 or that it visibly reduces wrinkles and makes them look younger? Think about how you can use the benefits your product provides in your marketing - you can still list the features, but link them to the benefit that the feature will give your customer. 

For example, if you have a business selling a course teaching guitar lessons, you might have three main features that you could translate into benefits for your students:  Feature 1: Over 50 pages of guitar lessons  Benefit 1: Learn to play the guitar in under 3 hours!  Feature 2: Get training on how songs are made.  Benefit 2: You’ll be able to create your very own songs!  Feature 3: Practice on over a dozen songs with step by step instructions.  Benefit 3: You’ll be able to play over a dozen top songs in no time!  Each time, the emphasis is on what the student is actually getting out of the feature by explaining the end result that they’ll receive from that feature. 

It’s amazing the difference changing your sales pitch from focusing on features to focusing on benefits instead can do. We’ve seen pitches go from poor conversions to great conversions just by changing that up. 

One big trick that we’ve learned over the years is that you can even start your own side businesses mostly hands-free by utilizing this concept! To do this fairly easy trick, all you have to do is look for other offers that seem to have lots of happy customers (testimonials, reviews, case studies, etc.) but don’t do a good job on the sales page of talking about the benefits. Many service providers on places like Fiverr.com and other “services for sale” type sites often do a poor job at this, but you can either create your own service (can also work with products) where you use them to fulfill the work for you but with a better sales page, or you can just reach out to them and ask if you can use their testimonials, case studies, etc. as long as you use them to provide the service that you’ll be selling to your prospects. Many are happy to agree to such a thing, and this allows you to literally be selling something within a day without having to do much of any ongoing work yourself. All you do is make a better pitch and sell it yourself! 

So, in your marketing, look at how you can emphasize the benefits that customers receive from your service, as opposed to focusing on the features. You can still list the features, as they are important, especially with certain products, but link them to what the customers will get out of that feature. Why should the customer care about that feature - what end result does it deliver to them? 

To find out how other simple tweaks can drastically improve your sales, check out this survey tool that helps analyze your business for areas of improvement BizFire's Free Business Analyzer and Growth Tool.

==> Free Download of Best Selling Marketing Books

==> Improve Your Marketing With These Services

[moneywisealpha]

How to Convert More Sales By Using The Power of A Guarantee

Offering a guarantee is a great way to make it easier for customers to buy. It takes the risk out of the purchase for them, as it gives them an out if they don’t like the product. Psychologically, it also gives them confidence in your product - as to why would you be offering a guarantee if you weren’t confident in your product? Now, to be clear, make sure you do offer a great product before you whack an awesome guarantee on it! 

For example, if you have a mattress company, you could offer a guarantee and word it like this: “Try our mattresses risk-free for 30 days - In the unlikely event that you’re not 100% satisfied with your mattress we will give you 100% of your money back.” A guarantee like this takes the risk out of buying for your customers and gives them confidence in your product. Most people won’t take advantage of the guarantee and the number of returns you’ll have versus the increase in sales will be well worth it. 

And having said that, it’s often best to be fairly laid back on your guarantees. If you have crazy fine print or rules to claim the refund, you’ll just encourage chargebacks, piss off your customers (potential future buyers), etc.. It pays to be nice and laid back to an extent. 

So consider offering a guarantee that takes the risk out of the purchase for the customer (make sure you have a good quality product that you’re willing to back). Make your guarantee bold and visible, and the number of extra sales should far outweigh those that make use of the guarantee. 

For other tips on increasing your sales, check out his book: 50 Marketing Tips & Tricks Learned After $100 Million in Sales Over 20 Years!

==> Free Download of Best Selling Marketing Books

==> Improve Your Marketing With These Services

[moneywisealpha]

A Unique Way to Increase Your Customers Spend Per Sale: The Value of Offering A Gift With Purchase

Offering a free gift, with a purchase over a certain amount (or just with any particular item), is a great way to encourage people to buy from you, but also to spend more per sale if they have to spend a certain limit. A great way to take this strategy a step further is to make your free gift a sample of other products you want to promote, or a new product you want to encourage your customers to try so as to buy in the future. 

For example, beauty brands use this strategy regularly, and to great effect, offering a selection of sample size beauty products in a cute looking case, when spending over $50, $70, $100, etc. in one transaction. Not only does the free gift encourage their customers to buy more beauty products in one transaction, but it also allows them a chance to introduce their customers to new products or items they may not have bought previously, without the chance to try them first. 

A twist on this method that we used with great success in building a couple of seven-figure businesses was to offer a free gift in exchange for signing up for a monthly membership program as an up-sell. It dramatically increased the conversion rates (by many, many times over). However, the key there was to have the perceived value of the bonus be more than their total investment for the first month. That makes them feel like they’re getting a no brainer offer that they’d be dumb to turn down, yet it gets them into your recurring money maker where many of them decide to stay to make you even more over time. The bonus here has to be of real value to them, which is why we oftentimes would include a physical item as a bonus even for a digital membership program. 

Look at what you can offer as a free gift to customers when they spend over a certain dollar amount in one transaction. This encourages your customer to spend more per sale and also gives you a chance to get customers trying new products if you make those products your gift. Or put a little twist on that method and include a free gift with the purchase of any particular product you want to push, or even as a bonus to push them into a recurring membership site (physical products can work really well here for a bonus even if the main offer is a digital one). 

For more great tips to increase your profits and make more money from your sales funnel, check out this tool here: BizFire's Free Funnel Maker & Analyzer

==> Free Download of Best Selling Marketing Books

==> Improve Your Marketing With These Services

[moneywisealpha]

How To Build A List of Customers You Can Market To Over And Over Again

A membership program is where your customers sign up, either for free or for a fee, to be part of a community or elite club. As an incentive to sign up they often receive special discounts, invites to product launches, early access, and other rewards. The benefit to you is that by offering incentives and rewarding customers’ loyalty, you encourage them to keep coming back to you and buying from your business. You also have the benefit of beginning to build a list of clients that you can regularly market to and offer deals to. 

For example, if you have an online store and sell health food products, you could create a VIP membership program for customers, where one of the main benefits is free shipping. You could also offer special deals, such as a free gift (perhaps a sample of a new product you want to promote) with each purchase over $30. The free shipping encourages people to join your VIP Membership Program, now allowing you to continue to regularly market to them, and the free gift with purchase offer incentivizes them to purchase from you. 

For another example, if you sell a weight loss course online, you could have a free or paid upsell Facebook group page where they can more easily reach you, interact with others, ask questions pertaining to their own weight loss journey, etc.. This has two main benefits: 1) It can increase the chance that they’ll see future messages/marketing from you (like via Facebook) and 2) It can be a super easy upsell that you can add without any extra real work on your part to initially make it! For instance, you can sell access and include the ability to ask you any question and get a response from an expert, which in the eyes of a lot of prospects can be a huge value. However, to you, it might be something super easy that you might do anyway (answering your customers) but now you can get paid for it! 

So consider creating a membership program, where your customers become part of a community, and receive special benefits, (for example, free shipping, early access to sales, special deals, free gifts with purchase). This allows you to start to build a list of leads and customers to market to and also encourages customers to continue to purchase from you. 

For other strategies on how to build a customer database and other great marketing tips, check out this book here 50 Marketing Tips & Tricks Learned After $100 Million in Sales Over 20 Years!

==> Free Download of Best Selling Marketing Books 

==> Improve Your Marketing With These Services

[moneywisealpha]

How to Create Repeat Customers Using Future-Use Coupons

How can you encourage customers to make their second, third, and fourth purchase with you? How can you entice them to keep coming back and buying from you, changing them from a one-off customer to a regular? Future-use coupons are one great strategy to employ to incentivize customers to make that next buy. 

So how do future-use coupons work? When customers make a purchase, you give them a coupon for a dollar value or percentage off their next purchase. This is called a “future-use” coupon. It encourages your customers to come back and purchase from you again and keeps you in their mind. You can even make receiving the coupon dependent on spending a certain amount, to encourage customers to spend more per sale. 

For example, if you have a tennis shop, you could have an offer where if they spend over $100 today they get $25 off their next purchase of $100 or more. Not only does this give an incentive for your customers to spend $100 now, but it also gets you an additional $100 sale next time they come in wanting to use their coupon. 

Therefore, encourage customers to come back to you with “future-use” coupons, where, if they spend a certain amount with you today, they get a percentage or dollar discount next time they make a purchase with you. 

Want more great tips on customer retention and turning your clients into repeat purchasers? Check out this book 50 Marketing Tips & Tricks Learned After $100 Million in Sales Over 20 Years!

==> Free Download of Best Selling Marketing Books

==> Improve Your Marketing With These Services

[moneywisealpha]

The Trick to Keep Your Customers Continuously Purchasing From You: The Benefits of A  Loyalty Program

It’s often way more effort and expense to find new customers than to sell again to your current customers. So how can you persuade your current customers to continuously purchase from you? One way is to put in place a loyalty program that keeps them coming back for more. 

A loyalty program is a great way to encourage customers to keep purchasing from you, make them feel special, and thank them for their continued business. Most loyalty programs involve rewarding customers when they buy regularly from you or have purchased a certain amount from you, whether it’s in free products or discounted future purchases. 

For example, think of your local coffee place. Many local coffee shops have a simple punch-card loyalty program, where you purchase 5 coffees and receive your 6th coffee free. The reward, of the free 6th coffee, encourages people to keep coming back to the same coffee place to indulge in their caffeine kick. 

Think about how you can encourage and reward your customers for their loyalty. Implement a loyalty program that rewards customers, through free products/services or discounts for future purchases, when they regularly purchase from you. 

Want more tips on retaining customers and other money-making marketing strategies? Check out this book here 50 Marketing Tips & Tricks Learned After $100 Million in Sales Over 20 Years!

==> Free Download of Best Selling Marketing Books

==> Improve Your Marketing With These Services

[moneywisealpha]

Using Trust To Build Your Business: What You Need To Know To Use Referrals To Your Advantage

Have you ever tried a product or service based on the word of a friend, colleague, or family member? Many of us have because we trust that person and are more likely to take their recommendation over someone we don’t know. This is the power of referrals. Ask your current customers if they have friends, family, or people they know that they think would love your service, then contact those people on behalf of them, offering your services/products. This is a great way to get access to potential new customers, while also having a warm introduction – you’re not cold-calling (or emailing!) them, as you’re essentially being introduced by their trusted friend/family member (your current client). 

For example, say you have an e-commerce business where you sell natural beauty products. You could email out to your customers, asking them if they know anyone that would love your products as much as they do.  If so, ask them to pass on the email address of those people and explain you’ll not only offer their friend a free sample of your most popular product but that they too will receive a bonus 15% off their next purchase online as a thank-you. When you email the new lead with your free sample offer, mention that their friend thought they’d like your products, which is why you’re emailing and would love to offer them this free sample as a gift. 

So put the power of referrals to work for you and piggy-back on the trust that your customers have already built with their friends and family. Ask your customers if they know people they think would love your product/service, and if they’d be willing to pass their contact info on to you. Contact those people on their behalf and make them a special offer! 

Are you after other great ways to reach new leads? Check out a demo of this software, which can help you find new leads already interested in your niche, and grab a special deal!  Web Fire

==> Free Download of Best Selling Marketing Books

==> Improve Your Marketing With These Services

[moneywisealpha]

How to Make More Money Without Having to Look for More Customers

It’s often a lot easier to sell to your current customers than to get a new customer. They already like and trust you and know your product/service works. Tap into that opportunity by looking at what else you can sell to your customers that compliments what they bought previously. 

For example, if you have a resume writing service, you could go out to recent customers and also offer an additional service where you submit their resume to X amount of job ads and write a customized cover letter for each ad, and also submit their resume to several recruitment agencies. 

One of our followers once had a tech business where he sold server management services, and he was asking me how to increase sales. After pointing out how it’s often much easier to sell to existing customers than get new ones, I asked him what kind of stuff or things his current customers seem to want or ask him for. As I suspected, they were often asking for things like websites, ranking help, etc. among other things. But to my surprise, he wasn’t offering any of these services (or even taking a cut from others he referred them out to). Months later I heard from him that he finally put my advice into action and said that he instantly saw a big boost in sales, and then months after that, I heard that he increased his sales to something around 66% more with just adding a couple other offers that he’d approach existing customers on. He admitted that he wasn’t really even trying hard and that if he gave it some more thought, he likely could’ve more than doubled his existing sales. That’s the power of selling to your existing customers with relevant offers that they likely already need! 

Since your customers are going to be buying related products and services anyway, you might as well have them buy it from you! And even if you can’t offer the product or service directly yourself, you can easily reach out to those who can supply them and work out a commission deal for referrals. Reselling to your current customers is often a lot easier and less costly than trying to obtain a new customer. So try reaching out to your current and past clients with a complimentary offer to what they’ve bought in the past. 

For other marketing tips on how to maximize revenue from your current customers, and refine your current sales funnel and offerings, check out this tool:  BizFire's Free Funnel Maker & Analyzer.

==> Free Download of Best Selling Marketing Books

==> Improve Your Marketing With These Services

[moneywisealpha]

How to Add Value to Your Customers and Make Money Doing It

To take advantage of this marketing strategy, look at how you can bundle your service or products together to create a package deal. This can be a great way to move more products and services and add value to your customers. Customers feel they are getting a great deal, as they are paying less than if they bought each item separately, and you get the benefit of a higher dollar sale per transaction. Bundling can also help you move slow-moving products and give you an upsell to offer to customers that may have been looking at purchasing an individual item.

For example, if you own a travel agency, offer a package deal where accommodation, flights, several meals, and an attraction are all included. For another example, if you own a beauty salon, offer a pampering package, where hairstyling, manicure, and massage are offered together. While a customer may have been considering purchasing one or two of these items, if you offer a great deal, they might be persuaded to purchase the whole package.

So think about how you can bundle several of your services or products together to create a package deal. This creates another offering for your customers, with great perceived value, and gives you the opportunity to upsell, move slow-moving products and increase your dollar value per sale.

For other ways to offer, upsells and value-adding offers to your clients check out this tool that helps you maximize your sales funnels: BizFire’s Free Funnel Maker & Analyzer

==> Free Download of Best Selling Marketing Books

==> Improve Your Marketing With These Services

[moneywisealpha]

How Giving Away Something of Value Can Help You Monetize Your Back End

Everybody loves a freebie! What do you currently sell, that is of value, that you could offer for free? And how can you monetize the back end of that? This works especially well if you can offer something that other businesses would normally charge for. 

For example, if you have a corporate cleaning business, you could offer your first clean free, and follow up with your customer to see if they were happy with your service and would like you to continue. This is a great way to get new clients to try your service, as you’re taking all the risk out of it for them and, if you do a great job, chances are they’ll want to keep you on. The principle of reciprocity comes into play here too - you’ve given something of value to them and chances are they’ll feel the urge to do the same back. 

A twist on this model is our “free plus shipping & handling” funnels, where we offer something for free on the front-end as long as the customer covers a small s&h fee (usually under $5). As long as they think the value is $20+, they’ll consider this a steal and be inclined to jump on it, even if they normally wouldn’t buy it right then and there. However, a necessity with this model is to make sure that you have a great set of upsells and a good backend to really monetize it. We typically have a continuity offer (like a membership or something along those lines), a low to medium-priced offer, and ideally a high-end offer in the upsell path. The real money is made in the upsell path, as it’s hard to make a lot off a free plus s&h offer. As an added bonus with this model, you also get a lot of quality buyer leads (worth far more than non-buyer leads), without often having to pay a lot in advertising costs to acquire them. This allows you to market more offers to them in the future and make even more money off these buyer leads. 

Think about something you can give away, that has value, and then look at how you can monetize the back end. Whether it is a sample of your service or a physical product, this works especially well if it something that other people usually charge for. 

For more insights on how to create a sales funnel that maximizes your profit potential, check out this tool here: BizFire's Free Funnel Maker & Analyzer

==> Free Download of Best Selling Marketing Books 

==> Improve Your Marketing With These Services