Working online is an ideal thing to do. You do not have to go out of the house to earn. All you need to do is work out some strategies on the internet and voila! But of course you have to make use of effective strategies that are profitable in order to maximize your online business at home and to sustain a steady income flow.
They say it is better if you work smarter and not harder. If you want to have a long-term successful life, you should do less work for more money. The easiest and quickest way to implement a one-to-many strategy is to create templates. A template response to use with the clients may be created in order to answer a given question or just a specific area. If that suggestion or topic arises, your template is available and you can work from that template, instead of starting work from scratch. It will really save a good deal of time in customizing the specific client response.
More profits may be gained by putting together an eBook or even a video training series or just a simple ecourse that will address the specific issue. Once you already set the product, you can upsell your coaching clients. The basic information may be given during your coaching sessions and offer them a very thorough analysis through your add-on product.
And then you may be able to transform the product into a profit center and be able to take the product and sell it as a standalone. An affiliate program may be set up also to let other people do all the legwork transactions for you regarding sales. Or product marketing may be chosen separate from your consulting. Whatever strategies you chose, bear in mind that you may use either of these to cross-sell one another.
Consulting in groups may also be implemented as a grand way to a one-to-many strategy. Opportunities may be offered to be able to coach multiple clients at once. Ways to do these is through an in-person session or just virtual. You may just have a webinar or live seminar and a conference call. Group opportunities like core-component of the consulting services may be offered as add-on options.
Setting up of membership sites is also one way. Upon the creation of a membership site, all of the efforts in coaching are one-to-many situation. A fixed monthly fee may be paid by your clients so as to access the membership site. The conversation generated between the interactions of the client on a specific subject becomes part of the membership site library. If you go back to that specific topic again, the previous discussion will just be pointed out to the client.
Okay, we showed you how the products are marketed as a standalone. You may also do it in reverse, thus offering a one-on-one access to the subscribers of the membership site just paying an additional fee.
Creating multiple income streams may be part of the overall strategy. You can have coaching services or the service-based consulting where clients pay you a fee and you are provided the clients. Other sources of income include residual income from your membership site wherein the membership is renewed every month by the clients. You have residual income from the product sales.
Try to stay profitable with the different streams of income; try to give the attention they deserve. For instance if you do not visit your membership site and answer directly the new questions and answer the new ideas regularly, your subscribers will be gone. Try to keep your products updated with the latest information and trends in your niche so that your sales will not suffer.
Try to free up more time with many-to-one strategies so that you will be creating more overhead with regards to the work that you need to do. Try to take a few minutes each month or every quarter to evaluate each income stream. For instance, if the sales of your eBook did not take off, select a different strategy. The eBook may be given away to each new coaching client or maybe you can hire a professional copywriter to make a sales page for your product.
Making use of these many-to-one strategies will increase your client base size, make more income streams and earn more reliable profits ever.
Technorati Tags:ramblings, financial issues, computers and internet, strategies,
Generated By Technorati Tag Generator
0 comments:
Post a Comment