Sounds like a pretty hyped up post title doesn’t it! Well, it’s not and I am going to show you exactly how I increased the income for some of my sites by 20% to 50% overnight.
Part 1: Add An Upsell To Your Current Products.
I have heard people say time and time again that if you add an upsell to your product around 20-30% of people will take you up on it. Well, I never really believed it until I tried it….And it’s true!
I have a product I sell that is a digital product (FYI – it’s not a “how to make money online” product). I just sold the product and nothing else. So my average order is $37, which is the cost of the product.
I decided to give an upsell a try and created a physical version of my product. Now let me be clear…this is the EXACT same product, the only difference is that it is a physical version and it is mailed to the customer.
I started offering it as an upsell for $27. So basically someone buys that digital version for $37 and then after the purchase I send them to a page that offers the physical version of what they just bought for $27.
The Results: 29% of my customers are adding the upsell to their order. So what I have done is increased my average order from $37 to $44.89 or an increase of 21%!
Not too shabby! Now there are some product costs since I have to have the digital version of the product made into a physical copy but they are minimal. And to be honest shipping costs less than I charge for shipping so in most cases that difference makes up for the product cost.
If you are currently selling a product and you do not have an upsell you are leaving money on the table. Upsells can be very easy to make, just create a physical version like I did, offer a complimentary (very important) product, offer some PLR products, or whatever. Just go get it done and put some more money it your pocket.
Watch for Part 2 Next Week!
