Fire sales are a great way to make money fast for your online business. Some of the most respected internet marketers have reported six-figure profits from forced sales that lasted only a week or less.
Fire sales are also extremely easy to create, as they are usually a collaborative effort between multiple marketers. Using joint venture efforts to create your clearance sales is a great way to alleviate a lot of the work that might otherwise require putting together your own collection of products to offer at the clearance sale.
It’s become customary these days to expect a one-time offer as part of the sales process for most Internet marketing transactions, so a good percentage of your revenue can come from those additional sales. However, there are several ways to increase your earnings even beyond the single offer.
What most marketers don’t consider before running a clearance sale is that the money doesn’t have to stop coming in at the end of the week. By simply thinking ahead, you can set up a simple tracking system that continues to make even more money after your clearance sale is over.
In this article, I’ll share five profitable ways you can easily increase back-end sales at your next clearance sale. Of course, to keep track of your customers, you’ll need to set up an autoresponder system on your download or thank you page to collect your customers’ email addresses. All of this advice assumes that you have already done so.
1. Offer an upgrade bundle a few days after the clearance sale: One of the hardest parts of creating a great bundle of items to offer at your clearance sale might be deciding which products to include and which to leave out. A good way to earn extra income a few days after the initial sale is to put together an upgrade package of items that weren’t originally included and sell it for an irresistible price. It is very likely that many customers will accept the offer.
2. Review Similar Affiliate Products – Many push sells have a particular theme, such as software or private label rights products. This tells you exactly what these customers are interested in and what they are willing to spend money on. Don’t miss out on this opportunity to offer similar products on an ongoing basis.
3. Host a client-only teleseminar/webinar: A teleseminar or webinar is a great follow-up tactic, but it needs to be more than a sales pitch. For example, if you’re doing a software fire sale, a teleseminar or webinar would be a great asset and a way to provide customers with information about using the software. At the same time, it could offer an upgrade to a more expensive version of the software or suggest similar products.
4. Create a membership area and add suggested products – It would be easy to set up your download area as a membership area and offer additional products in the weeks or months after your clearance sale.
5. Promote additional clearance sales for your JV partners – Once you build a list of hundreds of customers who have purchased your clearance clearance package, you can continue to earn future commissions simply by informing your customers of new clearance sales, especially those of the joint venture. partners who helped you.
These tips should help you see how quickly you can get a hefty payday after a few days of firing a fire sale without investing a lot of time or effort. Even if you’ve never done a clearance sale before, with good planning you can make your clearance sale a huge success.
