How to increase your online revenue with NO ad spend??
Understand this simple logic to increase your online revenue with NO ad spend.
Create a lead magnet with a simple funnel (Should be all automated).
If you are not aware of the terms funnel, then here is a short idea for you about funnel.
“A funnel is the set of steps a visitor sales process before they can reach the conversion.”
You can take the example of the New Balance purchase funnel.
There are a few steps a visitor has to go through before they can purchase a product on NewBalance.Com.
Here’s how it looks:
- They have to visit NewBalance.com
- They have to view a product which they are going to buy
- They have to add their desired product to the cart
- And finally, They will go through the purchase page.
I just created this little map for you to use for your eCommerce store.
The cool thing is that this doesn’t cost money; it just takes time.
So let’s go through the funnel
You firstly need to have enough traffic to your website or platform to collect the emails.
A great way to grow on your platform is through social media:
Just posting every day isn’t enough.
You actually need to engage with your audience and community!
When you are getting 500/1,000 website visitors each week, it is crucial to monetizing this.
The most effective way is to deliver value in exchange for an email!
How you can do this is to create a blog post specifically for a topic, and drop a lead magnet (eBook or piece of value) that will be sent to them in exchange for their email.
Once you have captured their email, it is time to send them the eBook and deliver weekly value to build a relationship and build trust with your audience, so you have the right to sell them later on.
After sending out massive value each week for 4-6 weeks, it’s time to pitch your offer.
This can be in any form: a digital product, physical product, consult, or even a membership to a Facebook group!
So that is how you naturally can sell to your audience.
Fortunately, it is all able to be automated, so you don’t have to do this all manually.
Anyways, I hope at least one eCommerce business on here can take advantage of what I’ve just talked about and implement it into their business.
For any questions regarding this simple funnel, the comment section is wide open.