<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	>

<channel>
	<title>Eric's Tips</title>
	<atom:link href="http://www.ericstips.com/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.ericstips.com</link>
	<description></description>
	<pubDate>Mon, 08 Mar 2010 07:06:04 +0000</pubDate>
	<generator>http://wordpress.org/?v=2.5</generator>
	<language>en</language>
			<item>
		<title>LESSON #59: Introduction to List Building</title>
		<link>http://www.ericstips.com/tips/lesson59/</link>
		<comments>http://www.ericstips.com/tips/lesson59/#comments</comments>
		<pubDate>Mon, 08 Mar 2010 06:20:02 +0000</pubDate>
		<dc:creator>Eric</dc:creator>
		
		<category><![CDATA[LESSONS]]></category>

		<category><![CDATA[Marketing Tips]]></category>

		<guid isPermaLink="false">http://www.ericstips.com/?p=405</guid>
		<description><![CDATA[I hope you&#8217;ve been enjoying this lesson series, and I hope you&#8217;ve followed all the action steps so far, because today we&#8217;re getting into what I consider to be the &#8220;heart and soul&#8221; of internet marketing.
We&#8217;re talking about&#8230; list building!
(Watch this video&#8230;)

Main points:
 &#8220;The money is in the list.&#8221;
Yes it&#8217;s also in the relationship with [...]]]></description>
			<content:encoded><![CDATA[<p>I hope you&#8217;ve been enjoying this lesson series, and I hope you&#8217;ve followed all the action steps so far, because today we&#8217;re getting into what I consider to be the &#8220;heart and soul&#8221; of internet marketing.</p>
<p>We&#8217;re talking about&#8230; list building!</p>
<p>(Watch this video&#8230;)</p>
<p><iframe scroll=no width=620 height=525 frameborder=0 scrolling=no src="http://www.ericstips.com/LESSONS/lesson59/index1.html"></iframe></p>
<p><strong>Main points:</strong></p>
<li> <strong>&#8220;The money is in the list.&#8221;</strong>
<p>Yes it&#8217;s also in the <em>relationship</em> with the list, it&#8217;s in the <em>quality</em> of the list, and all the other stuff that some marketers say. And you don&#8217;t NEED a list to make money online (there are other business models)&#8230;</p>
<p>BUT, it is true that the money is in the list for the type of business that we&#8217;re building.<br />
</p>
<li> A list is comprised of <em>real</em> people (not just numbers), and should be treated as such.<br />
</p>
<li> Types of marketing contact lists&#8230;
<p>- Mail<br />
- Telephone<br />
- Fax<br />
- Mobile phones/SMS<br />
- Social media<br />
- (New types of lists will evolve as new methods of communication sprout)<br />
- ANY combination of the above<br />
</p>
<li> <em>Email marketing</em> is what we will focus on for this business, because&#8230;
<p>1) It&#8217;s an effective way to capture and manage leads online.<br />
2) It creates web traffic on demand. (See video for explanation of priority of traffic vs. list)<br />
3) It&#8217;s here to stay. (In spite of rumors!)<br />
4) It has a low startup cost, and is very cost effective.<br />
</p>
<li> How to get an email list&#8230;
<p>1) Buy it<br />
2) Build it (recommended)<br />
</p>
<li> Some basic requirements of an email marketing platform&#8230;
<p>-Receiving your opt-ins from your website<br />
-Sending broadcast emails<br />
-Creating autoresponder sequences<br />
-Managing email campaigns<br />
-Handling subscription management<br />
-Making sure your email gets delivered</p>
<p>Two options:<br />
- Hosted on your own site<br />
- A specialized email host</p>
<p>Hosting your list on your own website is NOT recommended by me, for two reasons&#8230;</p>
<p>1) Spam compliance<br />
2) Deliverability<br />
</p>
<li> Some email marketing service providers&#8230;
<p>- Aweber<br />
- GetResponse<br />
- Infusionsoft<br />
- iContact<br />
- VerticalResponse<br />
- Constant Contact<br />
- Topica</p>
<p><strong>My personal recommendation:</strong>  <a href="http://toplevel.aweber.com">Aweber Communications</a> (who I&#8217;ve used since 2005)</p>
<p>Additional resource to learn more about list building:</p>
<p><a href="http://www.listbuildingpack.com">Click here for the List Building Pack</a></p>
<p><strong>Action steps:</strong></p>
<p>1) Memorize this phrase: &#8220;The money is in the list&#8221;. </p>
<p>2) Sign up for an email marketing service provider, such as <a href="http://toplevel.aweber.com">AWeber</a>.</p>
<p>In the next lesson we&#8217;re going to set up a list&#8230; step by step!</p>
<p>As always, you are welcome to post your questions and comments below. </p>
<p>Have a great day!</p>
]]></content:encoded>
			<wfw:commentRss>http://www.ericstips.com/tips/lesson59/feed/</wfw:commentRss>
		</item>
		<item>
		<title>LESSON #58: Supporting Your Customers</title>
		<link>http://www.ericstips.com/tips/lesson58/</link>
		<comments>http://www.ericstips.com/tips/lesson58/#comments</comments>
		<pubDate>Mon, 01 Mar 2010 02:31:51 +0000</pubDate>
		<dc:creator>Eric</dc:creator>
		
		<category><![CDATA[LESSONS]]></category>

		<guid isPermaLink="false">http://www.ericstips.com/?p=404</guid>
		<description><![CDATA[Throughout this lesson series we&#8217;ve been looking at how to develop an information product and sell it online.
But it seems it wouldn&#8217;t be right for me to go through this entire lesson series teaching how to sell stuff online, if I didn&#8217;t also take the time to talk about supporting your customers.
(Watch this video&#8230;)

Main points:
 [...]]]></description>
			<content:encoded><![CDATA[<p>Throughout this lesson series we&#8217;ve been looking at how to develop an information product and sell it online.</p>
<p>But it seems it wouldn&#8217;t be right for me to go through this entire lesson series teaching how to sell stuff online, if I didn&#8217;t also take the time to talk about supporting your customers.</p>
<p>(Watch this video&#8230;)</p>
<p><iframe scroll=no width=620 height=525 frameborder=0 scrolling=no src="http://www.ericstips.com/LESSONS/lesson58/index1.html"></iframe></p>
<p><strong>Main points:</strong></p>
<li> <strong>Customer Service -</strong> providing service to your customers before, during, and after the sale.<br />
</p>
<li> Why is it important to support your customers?
<p>1) It&#8217;s the right thing to do.<br />
2) It&#8217;s good for your business. (Fewer refunds, more repeat business, referrals, etc.)<br />
</p>
<li> Some frequent areas of support for information products:
<p>- Presales questions<br />
- Download problems<br />
- Opening/reading the files<br />
- Product-specific questions (How to use it, etc.)<br />
- Refund requests<br />
- Billing cancellation (for recurring billing products)<br />
</p>
<li> Ways of communicating with customers&#8230;
<p><strong>Telephone</strong> (including VOIP, Skype)</p>
<p>-the old-school standard.<br />
-putting a phone number on your sales page can help your conversion rate.<br />
-it could help your business, but you DON&#8217;T have to provide phone support. (I don&#8217;t)<br />
-if you offer personal coaching/consulting&#8230; phone is expected.<br />
-if you do offer phone support; outsource it or hire staff ASAP.<br />
-If you don&#8217;t offer phone support, make sure your other method(s) of support are accessible and reliable.</p>
<p><strong>Fax</strong></p>
<p>-should be viewed only as a supplement to your support.</p>
<p><strong>Chat/IM</strong></p>
<p>-Live chat is a great solution for anyone who has an outsourced support staff.<br />
-Hosted chat solution is better suited than a standard IM.</p>
<p>Free solutions:<br />
Help Center Live <a href="http://www.helpcenterlive.com" target="_blank">www.helpcenterlive.com</a><br />
Crafty Syntax Live Help  at <a href="http://www.craftysyntax.com" target="_blank">www.craftysyntax.com</a><br />
GotLiveChat at <a href="http://gotlivechat.com" target="_blank">www.gotlivechat.com</a></p>
<p>Paid solutions:<br />
PHP Live! Support  <a href="http://www.phplivesupport.com" target="_blank">www.phplivesupport.com</a><br />
AliveChat  <a href="http://www.websitealive.com" target="_blank">www.websitealive.com</a><br />
LIVECHAT  <a href="http://www.livechatinc.com" target="_blank">www.livechatinc.com</a></p>
<p><strong>Social media</strong> (ie. Twitter)</p>
<p>-Good because it focuses on building relationships with customers.<br />
-Supplemental only&#8230; won&#8217;t work for all support.<br />
-Use with caution; it can be a huge time suck (I don&#8217;t use it for support).</p>
<p><strong>Forum/Blog</strong></p>
<p>-Ideal when the support is beneficial to many customers.<br />
-Good for peer-to-peer support.</p>
<p><strong>Email</strong></p>
<p>-Standard communication medium of the internet.<br />
-See lesson #26<br />
-Not easily scalable.</p>
<p><strong>Helpdesk</strong></p>
<p>-Support ticket system works well.<br />
-Better than plain email because it&#8230;</p>
<p>+Keeps track of the conversation<br />
+Keeps track of the customer&#8217;s history<br />
+Avoids email delivery issues<br />
+Is easily scalable<br />
+Can easily be outsourced</p>
<p>Free solutions:<br />
osTicket  <a href="http://www.osticket.com" target="_blank">www.osticket.com</a><br />
PHP Support Tickets <a href="http://www.phpsupporttickets.com" target="_blank">www.phpsupporttickets.com</a></p>
<p>Helpdesks that I personally recommend:<br />
Perldesk <a href="http://www.ericstips.com/perldesk" target="_blank">www.ericstips.com/perldesk</a> (This is what I use)<br />
Kayako <a href="http://www.kayako.com" target="_blank">www.kayako.com</a><br />
</p>
<li> Some support tips based on my experience&#8230;
<p>- When it comes to disgruntled customers&#8230; kill &#8216;em with kindness!<br />
- Once in a while, you may need to fire a customer.<br />
- (See video for my tip about threats, bullies, and blackmailers)<br />
- Use bonuses and/or your other products to reduce refunds. (see video for example)<br />
- Automate your support by using templates and macros. (Resource: <a href="http://www.pushbuttonmarketer.com" target="_blank">Push Button Marketer</a> with Macro Marketer software)<br />
- Outsource it ASAP!</p>
<p><strong>Action steps:</strong></p>
<p>1) Decide what method(s) of contact you&#8217;re going to offer to your customers, and implement it on your website.</p>
<p>2) Think about how you can use automation tools and outsourcing to support your customers as your business grows.</p>
<p>In the next lesson we&#8217;re going to start talking about one of my favorite marketing topics&#8230; list building!</p>
<p>As always, you are welcome to post your questions and comments below. </p>
<p>Have a great day!</p>
]]></content:encoded>
			<wfw:commentRss>http://www.ericstips.com/tips/lesson58/feed/</wfw:commentRss>
		</item>
		<item>
		<title>LESSON #57: Testing to Improve Your Marketing</title>
		<link>http://www.ericstips.com/tips/lesson57/</link>
		<comments>http://www.ericstips.com/tips/lesson57/#comments</comments>
		<pubDate>Fri, 12 Feb 2010 05:50:34 +0000</pubDate>
		<dc:creator>Eric</dc:creator>
		
		<category><![CDATA[LESSONS]]></category>

		<category><![CDATA[Marketing Tips]]></category>

		<category><![CDATA[Product Reviews]]></category>

		<guid isPermaLink="false">http://www.ericstips.com/?p=403</guid>
		<description><![CDATA[In the previous lessons we&#8217;ve been building up to the point of having your product online and ready to sell. Maybe you&#8217;re already selling something online, or maybe you&#8217;re still working on it. Either way&#8230;
You need to know how to integrate testing into your marketing, otherwise you&#8217;re not &#8220;really&#8221; marketing&#8230;
(Watch this video&#8230;)

Main points:
 Split Testing [...]]]></description>
			<content:encoded><![CDATA[<p>In the previous lessons we&#8217;ve been building up to the point of having your product online and ready to sell. Maybe you&#8217;re already selling something online, or maybe you&#8217;re still working on it. Either way&#8230;</p>
<p>You need to know how to integrate testing into your marketing, otherwise you&#8217;re not &#8220;really&#8221; marketing&#8230;</p>
<p>(Watch this video&#8230;)</p>
<p><iframe scroll=no width=620 height=525 frameborder=0 scrolling=no src="http://www.ericstips.com/LESSONS/lesson57/index1.html"></iframe></p>
<p><strong>Main points:</strong></p>
<li> <strong>Split Testing</strong> (aka A/B Testing) - a method testing used in marketing, wherein a baseline control sample is compared to another sample containing one different variable.<br />
</p>
<li> <strong>Multivariate Testing</strong> - testing multiple variables at the same time.<br />
</p>
<li> In your marketing&#8230; if you <em>can</em> test something, you <em>should</em>.<br />
</p>
<li> A few of the many things that you should be testing&#8230;
<p>- Sales copy<br />
- Landing pages<br />
- Email marketing<br />
- Paid advertisements<br />
</p>
<li> <strong>Things to test on your sales letter:</strong>
<p>ALL 17 of the elements described in <a href="http://www.ericstips.com/tips/lesson51/" target="_Blank">lesson #51</a>.</p>
<p>My Priorities:</p>
<p>- Headline<br />
- Deck Copy<br />
- Opening Paragraph<br />
(Everything &#8220;above the fold&#8221;!) </p>
<p>If visitors are not staying on the page and engaging with your sales letter, then the rest of the page is pointless. That&#8217;s why I prioritize testing above the fold.</p>
<p>- Colors. They affect people on a subconscious level, and can really affect your conversion rate. </p>
<p>(See video for my recommendations regarding color testing)</p>
<p>- Video. We all know video is vitally important these days. Test it!</p>
<p>-The Offer</p>
<p>Awhile back, Mike Filsaime did an interview with copywriting legend Gary Halbert, who is now passed away. Gary said that the <em>most</em> important thing to test is &#8220;the offer&#8221;, and based on my experience I agree with him.</p>
<p>They broke down the offer into four areas that should be tested&#8230;</p>
<p>1) What they get<br />
2) How they get it<br />
3) What they pay<br />
4) How they pay for it</p>
<p></p>
<li> Tools for testing&#8230;
<p>1) <a href="http://www.google.com/websiteoptimizer/" target="_blank">Google Website Optimizer</a> (A great free tool)<br />
2) <a href="http://www.ericstips.com/test/" target="_blank">Affiliate Prophet</a> (What I personally use)</p>
<p>Some of the reasons I prefer Affiliate Prophet include&#8230;</p>
<p>-It&#8217;s self-hosted (on my own site, instead of google)<br />
-Real time (never a delay in stats)<br />
-The AIDA feature (predicts conversions)</p>
<p>(See video for my demonstration of Affiliate Prophet)</p>
<p><a href="http://www.ericstips.com/test/" target="_blank"><img src="http://www.ericstips.com/images/affiliateprophet.jpg" alt="Affiliate Prophet Review" border="0"></a><br />
<a href="http://www.ericstips.com/test/" target="_blank">Click Here to Visit Affiliate Prophet&#8230;</a></p>
<p><strong>Action steps:</strong></p>
<p>1) Choose a split testing tool.</p>
<p>2) Create some split tests and start testing. (Or be ready to test as soon as you launch your product)</p>
<p>Don&#8217;t make the mistake I made for many years. Choose to think like a marketer, and don&#8217;t skip this step!</p>
<p>In the next lesson we&#8217;re going to talk about supporting your customers.</p>
<p>As always, you are welcome to post your questions and comments below. </p>
<p>Have a great day!</p>
]]></content:encoded>
			<wfw:commentRss>http://www.ericstips.com/tips/lesson57/feed/</wfw:commentRss>
		</item>
		<item>
		<title>LESSON #56: Using Downsells to Grab More Sales</title>
		<link>http://www.ericstips.com/tips/lesson56/</link>
		<comments>http://www.ericstips.com/tips/lesson56/#comments</comments>
		<pubDate>Mon, 11 Jan 2010 19:25:34 +0000</pubDate>
		<dc:creator>Eric</dc:creator>
		
		<category><![CDATA[LESSONS]]></category>

		<category><![CDATA[Marketing Tips]]></category>

		<guid isPermaLink="false">http://www.ericstips.com/?p=402</guid>
		<description><![CDATA[In the previous lesson we talked about upsells and One Time Offers. If you&#8217;re not using upsells, then you&#8217;re leaving money on the table.
Today we&#8217;re going to talk about downselling&#8230;
(Watch this video&#8230;)

Main points:
 Downselling is relatively unknown compared to upselling, but it&#8217;s based on timeless sales strategies.

 Downsell = presenting your prospect with something less [...]]]></description>
			<content:encoded><![CDATA[<p>In the previous lesson we talked about <a href="http://www.ericstips.com/tips/lesson55/">upsells and One Time Offers</a>. If you&#8217;re not using upsells, then you&#8217;re leaving money on the table.</p>
<p>Today we&#8217;re going to talk about downselling&#8230;</p>
<p>(Watch this video&#8230;)</p>
<p><iframe scroll=no width=620 height=525 frameborder=0 scrolling=no src="http://www.ericstips.com/LESSONS/lesson56/index1.html"></iframe></p>
<p><strong>Main points:</strong></p>
<li> Downselling is relatively unknown compared to upselling, but it&#8217;s based on timeless sales strategies.<br />
</p>
<li> Downsell = presenting your prospect with something less expensive.
<p>(See video for several examples of downselling)<br />
</p>
<li> The bottom line is, downselling results in more sales.<br />
</p>
<li> Downsells are implemented many different ways online, including&#8230;
<p>- Email marketing<br />
- On-site product positioning<br />
- Exit Pops/Chats<br />
- Shopping cart abandonment prevention<br />
- One Time Offers<br />
</p>
<li> 2nd OTO&#8217;s are a very effective method of downselling.
<p>-Often results in closing 15-50% of the prospects who turn down the first OTO.</p>
<p>(See video for details)<br />
</p>
<li> Using multiple drop-downs IS an effective way to close more sales. However, you must gauge it in light of your long-term relationship-building strategy. Also bear in mind the law of diminishing returns as you implement additional lower-priced downsells.
<p><strong>Action steps:</strong></p>
<p>1) Determine whether one or more downsells can be integrated into your business.</p>
<p>2) If you decide to use a downsell, implement it.</p>
<p>In the next lesson we&#8217;re going to talk about testing your sales copy.</p>
<p>As always, you are welcome to post your questions and comments below. </p>
<p>Have a great day!</p>
]]></content:encoded>
			<wfw:commentRss>http://www.ericstips.com/tips/lesson56/feed/</wfw:commentRss>
		</item>
		<item>
		<title>LESSON #55: Upsells and One Time Offers</title>
		<link>http://www.ericstips.com/tips/lesson55/</link>
		<comments>http://www.ericstips.com/tips/lesson55/#comments</comments>
		<pubDate>Sun, 03 Jan 2010 17:15:57 +0000</pubDate>
		<dc:creator>Eric</dc:creator>
		
		<category><![CDATA[LESSONS]]></category>

		<category><![CDATA[Marketing Tips]]></category>

		<guid isPermaLink="false">http://www.ericstips.com/?p=401</guid>
		<description><![CDATA[In the previous lessons we&#8217;ve been working our way up to the point that you should now have something that you can sell online.
But whether you&#8217;re already selling something or if you&#8217;re still getting ready to launch your first product, you really need to think about how you can increase your profits with upsells and [...]]]></description>
			<content:encoded><![CDATA[<p>In the previous lessons we&#8217;ve been working our way up to the point that you should now have something that you can sell online.</p>
<p>But whether you&#8217;re already selling something or if you&#8217;re still getting ready to launch your first product, you really need to think about how you can increase your profits with <em>upsells</em> and <em>one-time offers</em>.</p>
<p>(Watch this video&#8230;)</p>
<p><iframe scroll=no width=620 height=525 frameborder=0 scrolling=no src="http://www.ericstips.com/LESSONS/lesson55/index1.html"></iframe></p>
<p><strong>Main points:</strong></p>
<li> Depending on how you look at it, an upsell or a One Time Offer is either an extension of your front end offer, or the beginning of your back end.<br />
</p>
<li> The back end is where many businesses make the majority of their profit.<br />
</p>
<li> By using upsells and one time offers, I generally increase the profit of any particular sale by anywhere from 20% to 200%.<br />
</p>
<li> <strong>Upsell:</strong> asking your customer to upgrade their purchase to a bigger purchase, or to make an additional purchase.
<p>(See video for examples; McDonald&#8217;s, Best Buy, furniture, car rentals, etc.)</p>
<p>Upselling is everywhere. Sometimes it is done in an unethical way, but if done right there&#8217;s nothing wrong with it.</p>
<p>*Upsells should be beneficial to your customer.<br />
</p>
<li> <strong>Cross-selling:</strong> You try to sell something ELSE to your customer that they might be interested in.
<p>(See video for several examples of ONLINE cross-selling and upselling)<br />
</p>
<li> If possible, upsell your customer into a continuity program!<br />
</p>
<li> <strong>OTO:</strong> a One Time Offer is presented only once to a customer or prospect.
<p>(See video for examples of several offline and online OTO&#8217;s)</p>
<p>The best OTO&#8217;s are often the ones that make the customer feel like they&#8217;re missing out on something if they don&#8217;t buy it. </p>
<p>You can turn any sales letter into an OTO (See video).</p>
<p>Why OTO&#8217;s work so well:</p>
<p>1) The customer is in a buying mood.<br />
2) URGENCY!</p>
<p>(See video for demonstration of how to set up OTO&#8217;s)<br />
</p>
<li> Methods of protecting OTO pages so that users can only see them one time&#8230;
<p>1) Use a website script with this function, such as Butterfly Marketing - mentioned in <a href="http://www.ericstips.com/tips/lesson32/">lesson #32</a>.<br />
2) Have it custom coded by a programmer.<br />
3) Create a &#8220;cookie&#8221; script if you know PHP.<br />
4) Use a prewritten script such as <a href="http://www.ericstips.com/otoscript" target="_Blank">this one</a> which tracks both cookies and IP address. </p>
<p><strong>Recommended Resources:</strong> </p>
<p><a href="http://www.ericstips.com/otoscript" target="_blank"><strong>Free OTO Protection Script</strong></a></p>
<p><a href="http://www.ericstips.com/products/onetimeoffers/"><strong>Instant One Time Offers</strong></a></p>
<p align="center"><a href="http://www.ericstips.com/products/onetimeoffers/"><img src="http://www.ericstips.com/images/otobanner.png" alt="Instant OTOs"></a></p>
<p><strong>Action steps:</strong></p>
<p>1) Figure out an upsell or a One Time Offer (or both) to incorporate into your sales process.</p>
<p>2) Implement it.</p>
<p>Believe it or not, you may want to boost your profits even more by creating a <i><b>downsell</b></i>&#8230; or a 2nd OTO. I&#8217;ll explain those strategies in the next lesson.</p>
<p>As always, you are welcome to post your questions and comments below. </p>
<p>Have a great day!</p>
]]></content:encoded>
			<wfw:commentRss>http://www.ericstips.com/tips/lesson55/feed/</wfw:commentRss>
		</item>
	</channel>
</rss>
