3 – DEVELOP PRODUCTS AND SERVICES LIST TO SELL (OPTIONAL)

Notice I say optional.  You do not need to create a product or service at all.  You can just sell other people’s stuff and earn a commission.  I show you how to do this in chapter 7 – Sell other people’s stuff but there is plenty to learn here about general internet marketing so DO NOT SKIP THIS CHAPTER.

This chapter is effectively split in to two sections and the clues are in the chapter title:

1.     Development (of products and services)

2.    Selling (of products or services)

1.   Development

Product Development

Let me tell you about the products I sell on the internet:

·       eBook on how to evict non-paying tenants for £127.95

·       eBook on how to sue someone for £9.97

·       eBook on how to invest in property for £205.62

·       monthly subscription to property hotspot information for £79.99 per month

·       weekly subscription to the 40 cheapest properties found for sale on the internet for £5 per week

·       eBook on property licensing for £47

·       Special Investors report about investing in USA for £149

Now all of these products are electronic products.  They are informational products that have been all written by me and are available for immediate download.  If you can write then you can develop electronic informational products to download!  I sell:

·       eBooks – eBooks are just the electronic version of a physical book.  So if you wrote “Once upon a time blah blah blah….” in Microsoft Word or any other word processor then this would be an eBook.  If you can send a data file via email that has words in it then this data file is an eBook.

·       Weekly & Monthly Subscriptions – If you can provide information on a daily, weekly or monthly basis that is deemed useful then you can charge for it.  There are many subscription sites.  I sell property investment information others sell credit data, pictures, self help videos, dating contacts, classified adverts, auction data, price information etc.  Information that can assist people in making money usually work quite well.

·       Special Reports – This is like an eBook but it doesn’t have the normal contents and chapters.  Special reports I define as anything else other than an eBook.  So its information you want to sell as a one off hit that you deem to be of value to someone else.  So my report about the USA is my research about a certain area and why you should invest in it.

I love selling these types of products because:

1. There is no stock cost as they cost nothing to make other than just your time
2. They take up no space other than just on your hard drive of your computer
3. There are no delivery costs as you can send them by email or let users download them from your site
4. The sale happens automatically with no human input.  If someone chooses to buy your product (which I show you how to convince them to buy further on) they can get the product from you with just a few clicks and the website sends them the product automatically.  So it really can be a cash cow chucking out money in to your bank account.

So there is no need for any warehouses, overdraft facilities, employees or packaging.  It all happens automatically.

So I ask you:

·       What do you know that someone else would find useful? Useful enough to pay for?

·       Do you have a particular skill, tip, trick, nack or know-how about a certain subject?

·       Have you learnt something that you are quite sure no one else knows and could help people in whatever they do?

·       Can you write software programs that can save a user’s time

There are so many things you can write about and this book is not about telling you what to write.  As explained in chapter 1 you need to get an idea and then the product you decide to develop will be obvious.

Non-electronic products are basically physical products.  I do not actually sell any physical products because my business does not tend to it but the sort of physical products that are commonly sold by start up internet companies are:

·       Books, DVDs, games & CDs

·       Electronic products with selling prices from £5 to £299

·       Hobbies, Interest & Accessories products

·       Clothing, jewellery and other personal items

·       Computing equipment

·       Antiques

·       Toys

Most internet start ups usually buy in from a wholesaler and sell on at a profit.  My friend Adam who taught me a lot about the internet buys his products from Canada and sells them in the UK, Germany and New Zealand.  It’s a great way to start a business as your product is already there – you’ve just got to sell it!  If the product is a good one then it should sell itself.  However just because its an easy way to start doesn’t mean it will work.  The product could be so good that everyone is selling it and you’ll just be joining the queue!

Another friend of mine actually makes the jewellery items and sells them direct to the public via her website.  So the number of items sold will be restricted by how many pieces she makes unless she hires in staff to do what she does.  But on the flipside her pieces of jewellery are unique so she has no worry of direct competition as long as her pieces are sufficiently unique.

So you can do it either way – you can buy in the product or create the product from scratch.  It all depends on your idea for your website.  You could even do both.  You could make your own products and buy in and sell on other products.

Services Development

Let me tell you about the services I sell on the internet:

·       An eviction service where we send out all the legal forms in connection with evicting a non-paying tenant

·       A accountants referencing service where we issue references in 24 hours

·       30 minute and 60 minute consultations with me about property investment

·       Determination of whether someone needs a property licence and the obtaining of a licence if someone needs one

·       The sourcing of profitable investment properties for people who do not have the time or skill to do so for themselves

·       Buying trips to areas where profitable property investments exist

·       Refurbishment of investment properties for a fixed price

Now I am able to provide these services because I am suitably skilled to provide these services due to my experience in the relative industries.  So can I ask you:

·       Do you get asked by your friends or family to do something like fix their mobile phone or toilet etc that you could actually charge for?

·       Can you teach people a certain skill that you possess which other people desire to have?

·       Do you have access to contacts that can provide a service which you can add a commission to?

·       Are you qualified in a professional trade where you can get extra customers by promoting this service on the internet?

One of my friends Chris is a dab hand at fixing computers.  He just loves fixing computers.  He gets some kind of buzz out of making something seemingly dead come alive. He has a website explaining his service of fixing computers that do not work which gets him customers in a 15 mile radius of where he lives.

Another friend of mine Mandip has a website about evicting tenants for private landlords.  She works as a housing officer for a housing association and she knows eviction laws inside out.  So in her spare time she does all the paperwork involved in evicting tenants and gets all her clients by promoting her service on the internet.  She also helped me kick start my eviction service too!

Again the services you develop will be as a result of what idea you have decided to pursue determined in chapter 1.  I hope from mine and my friends examples help stimulate your brain to come up with some creative and innovative products and services.

So once you come up with the products and services you then need to sell them.

2. Selling

A business is nothing without a sale – its simply an idea.  So you need to get to make sure you getting your selling process right.  The amount of great products and services I see that never result in a sale amazes me.  The creators believe that the product is so great that it doesn’t need to be sold – WRONG!  This may be true for established products and services but for every new product or service it needs a “sales pitch”.

MY INDISPUTABLE RULE:

”No matter what market you sell to, your product or service needs to have a
superb sales pitch!”

Of course, you can put any old rubbish on your website; but if you want sales pitch that actually entices your visitors to buy your product or service, you need to make sure you're using copywriting techniques that are proven to produce results; results that will earn you cash!

I know how effective this needs to be, because I’ve been selling on the internet for over 3 years, in which time I have learnt what works and what doesn’t.  If I knew what I knew now then I reckon I would have earnt over £1m more in sales but hey I can’t complain!

I have been using a formula on my own websites which I want to share with you.  I have quadrupled my sales over the last two years by using my tricks which I have learnt through experience and other internet marketers.  It’s true, the way you sell it determines how many of your products and/or services you’re going to sell; and ultimately how much cash you’re going to rake in.

In this chapter I'm going to show you the 3 critical elements that will help you structure your sales pitch and how to test what you create to see if it’s working.  The more you refine your sales pitch the better it will work.

There are elements of a sales pitch which even a child could understand.  That’s the beauty of sales.  We all understand it on an instinctive level as we have all been sold to.

FACT: A brilliantly thought out sales pitch can potentially ROCKET your sales!

People fundamentally sell over the Internet because you have the chance to communicate with millions of people, a target audience previously untouchable. Conversely, you don't have the opportunity to meet these potential customers in person to tell them why your product or service is exactly what they're looking for. It sounds simple but it’s a fact, you need to sell something to someone before you can even think about gaining the sale.

Your sales pitch will do this for you, if you follow these techniques:

A brilliant sales pitch posted on your website will build trust and highlight how what you are selling will benefit the consumer. In a nutshell your sales pitch is your top salesperson so treat it like one!

Initially you need to identify which kind of sales pitch is going to be more suited to what you are selling. Is it a long, descriptive pitch (greater than 750 words) or a short, punchy pitch?

• Long sales pitchI’ve had many a debate with other website owners about whether long sales pitches work and most agreed with me that it does.  I've tested it time and time again to ensure that what I have is going to SELL. I've used it on my own websites to make A FORTUNE in online sales!If you:
  • Sell a single product or service
  • Sell a product range that is closely linked

then you definitely need long sales pitch to try and reel your audience in.

• Short sales pitchIf your website advertises loads of different products with different product categories, a short sales pitch has proven to be more effective as it’s snappier, easier to read and keeps your buyers’ interest (which is what’s going to make them click the ‘Buy Now’ button!)

So determine which category you fall in to before you get in to the nitty gritty of writing your sales pitch so you can establish whether you need to write a 750+ word master piece or several mini wonders less than 750 words.

Once determined there are 5 elements you should be aware of when writing your sales pitch which keep you well ahead of your competitors.

I have used all or some of these elements on my website to boost my sales.  Websites I create now use ALL of the techniques below because I know they work as I’ve reaped the benefits.  The techniques may seem obvious but it’s the obvious stuff that often gets overlooked. We sell to people as we’ve been sold to before.  The 5 things you have to do to get the sale are:

1.  Write to your target audience
2.  Write an exciting headline
3.  Make them believe you can solve their problem
4.  Talk about the benefits as well as the features
5.  Ask for the sale

1. Write To Your Target AudienceYou have to define your audience beyond simply "people on the net". You must know EXACTLY who are the people that will buy your product or service and then target your sales pitch to precisely what they're looking for.

So you’ve got to ask yourself – Who is my target audience?

What gender are they?
How old are they?
What is their education level?
What problems do they face?
Can you make your product/service fit into their problem as a viable solution?

If you don't know or have an indication of the answers to the above questions, you need to go back and do a little bit more research. All of this is pivotal to making your effective sales pitch.

Once you’ve got an idea of who they are then write to them in a style that they will understand and that connects with them.  So for example if it’s for teenagers then keep it current and less formal and if it’s for professional business people then keep it more formal.

2. Write An Exciting Headline Headlines are key. The most effective headlines promise an answer to the problem your visitor has arrived on your site trying to solve.

Take a look at these eye-catching headlines from two of my websites:

"Get an Accountants Reference within 24 hours sent direct to your chosen lender or get 200% of your money back!"

“Earn up to £2,000 per month profit by owning and renting out an exclusive central London property. Prices start from only £150,000 and did I mention you get a 441% return on your money in 3 years!”

compare that to:

“Welcome to my site” or “Invest in London for immediate profit”

So have an exciting headline in speech marks in size18+ font which explains what the reader could expect to get if they read on further.  Keep your headline relevant, simple, and to the point. This will encourage your potential customer to keep reading! The better the headline, the more people who will read on, the more people who will (with the right sales pitch) will consider buying and ultimately the more people who will buy!

I would use underline, italics and bold on the key words to emphasis what you are promising because it acts as a trigger to keep them reading on.  Bold, Italic and underline act as mini bolts to keep the reader’s interest and combined with the large font makes the headline almost shout at you!

If you can hit ‘em with a good opening headline then 25% of your work has been done.

Also when you write the body of the text try to break the blocks of text up with:

• Complete lines of space so the paragraphs are separate rather than separated by indentation only
• Keep paragraphs short
• Use bold, italics and underline for key parts of the sales pitch
• Highlight the key parts of the text with a colour behind it
• Use tables, boxes and speech mark quotation like snippets

Whatever you can just to keep the reader reading.  You’ll be amazed at how quickly we get bored with reading paragraphs of text all of the same size, font and decoration if we are not sure if the text will be beneficial to us.  We all follow the motto “If in doubt bail out!” because we just don’t have the time to really find out if the text is useful in anyway.  This is why you have to spoon feed what you are saying to them by using a few frills.

3.Make them believe you can solve their problem

You need to earn your potential customer’s trust….and quick! When using websites you cannot afford to have long spiels about irrelevant experiences you’ve had etc – you need to establish your credibility for what you’re saying straight away.

• Tell them what you’ve achieved in the past: Are you fully qualified in the area you are selling? Written any published works relating to it? Any positive media publicity you’ve received? If so, put it in – it will all help!
• Relate to your potential customer: Is your potential customer’s problem a problem you once faced? Are you now offering them a solution as a direct result of an experience? Tell them if that’s the case and tell it in a story fashion – as I’ve said before everyone loves a story.
• Gather and use testimonials: People want to know that other people have used your product and benefited. When it comes to using your customers’ feedback in your sales pitch you have to get the right blend of specificity and punch: not all testimonials are created with equal punch.

This is one testimonial received after the customer used my www.fastlet.com service:

“Fastlet offers a high quality, efficient service which far outstrips any of the major High Street bathroom and kitchen installers. And on top of all this the total price for bathroom installation and tiling was by far the most competitive I could find. My only regret is that I didn't use Fastlet to refit my kitchen. I will have no hesitation in recommending Fastlet to anyone in the future.”

Sam Rothwell, East London

The most effective testimonials highlight the benefits and results your customers have achieved after buying your product or service, so potential customer’s will see that you deliver what you say you will.  If you haven’t got a testimonial then ask for one!  If you can give your product away then do so in exchange for a testimonial (and make sure you get a good testimonial!).

• Add a strong guarantee: A strong guarantee shows you stand behind what you're selling. This will reduce your potential customer’s suspicions and increase their chances of buying from you.

“…within 24 hours sent direct to your chosen lender or get 200% of your money back!"

By offering this guarantee you are giving credibility to your service and making a promise that appears too expensive for you not to fulfil!

4. Talk about benefits as well as the features Do you know the difference between a feature and a benefit? Let me enlighten you:

A feature is something specific to the product or service.  So for example a TV being able to display images in colour has the feature of being colour.

A benefit is something the user actually receives from the feature.  So in the colour TV example the benefit for the user is that they get to see a more true to life image than a Black & White TV.

So be sure to always include the benefits as well as the features.  So for example:

Feature: Super concentrated washing up liquid for intensive cleaning
Benefit: eat off cleaner plates and get them clean in half the time leaving you to do the things you really want

Feature: Electric Windows with child safetly sensors
Benefit: Get piece of mind knowing that your child never risks serious injury

I source profitable investment properties for clients so if I were to write keywords relating to the features and benefits of my service my worksheet may look like:

Then I would include the above features in my website and emphasis the benefits that my service brings to them.  Hoping along the way I would connect with them through my sales pitch so that they pick up the phone to call us or email us for further information.

1. Ask for the sale/order!

Ok, so you've got your potential customer’s attention and hooked them through the sales pitch by explaining the features and benefits of your product or service. So what now............ask for the order and turn them from that potential customer I’ve referred to into a paying customer!

You have to make clear exactly what they have to do to get your product or service.  I have seen many a sales pitch fall at this final but most crucial hurdle.  They do not ask the reader to do anything.  They assume the reader will look to the left menu bar and see the phrase “Order Now” but reader’s don’t!  Only if your product is so damn good that they’re itching to buy your product because they have heard about it from someone else (in this case you wouldn’t even need a sales pitch!) would they even hunt around for the “Order Now” button.

So in your site have the sentence which explains to them exactly what they have to do.  So for example:

“To book your appointment, please click the ‘Buy Now’ button below!"

"Click here to take advantage of this limited offer!"

"To get your reference with our 200% money-back guarantee – call this number now…….!”

But it doesn’t stop there.  If you add a sense of urgency to the sale then this doubles the response.  I add words to the effect of:

“There are only 50 copies left at this price so order now….”

“Order before 31^st December…..and benefit from the specially reduced price of £x”

“If you order before the end of October you will get my free gift worth £299 as a special bonus….”

So asking them for the order and letting them know they will get some kind of special price or free gift if they act now encourages them to buy now rather than miss out on the chance.

So in summary the audience, headline, credibility, benefits & features and asking for the order are the 5 essential elements you need on your website in order to make A FORTUNE! Add these using the techniques explained and you'll create a top salesperson working 24/7 with no salary costs!

Make sure you care about the presentation and image of your product or service as much as you do about the sale of them - constant review and analysis will breed results and results mean MONEY!

When it comes to your business on the net, your own sales pitch is unique to you and the only chance you have to communicate directly with your potential customers, telling them WHY they should buy from you as opposed to someone else.

Not many websites use these 5 critical elements and as such you're already one step ahead of the game just by making sure your copy includes the essential elements discussed here! There are not a lot of people using the Internet in the UK to make A FORTUNE so your destiny is in your own hands. By testing the different parts of your sales pitch regularly you'll know how well your site is performing and what, if anything, needs to be changed to prevent potential sales from going down the drain.

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