5 Steps in the Sales Process

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By: Jude C Wright

There’s a very good reason you’re in business for yourself. Many small business owners started on their “e-venture” because of an interest in ending the day-in and day-out drudgery of the working world. Others may have started e-businesses because of some technical experience or expertise that allowed them to create and sell a certain product or provide a certain service.
In many cases, the business owner’s abilities at creating a site and selling a product or service lean more toward the accurate production and delivery of that item rather than the process of selling that item. In layman’s terms that means that many entrepreneurs are probably better at building a better mousetrap than selling it. It’s nothing to be embarrassed about: Most entrepreneurs don’t become entrepreneurs because they have a passion for selling, it’s usually because they have a passion for sharing their ideas or products or skills with the world.

But because you’re in business, that automatically means you’re going to sell. Like it or not, if you have a product and you want money for it, you’re a salesperson. So for those of you who have a better mousetrap and simply don’t know how to share it with the world, here is a basic sales process to help you. Although this process seems generalized, each step is critical to making sales in your business… even if you don’t immediately recognize how YOUR business does that particular step.

1. Prospecting: Like a prospector who is looking for gold, prospecting means that you find people who want to buy your product. This might mean identifying a niche to market to or it may mean advertising to get people to come to your site.

2. Presenting: In traditional sales, this was the step where the salesperson would show up at his or her scheduled time and present the product to the potential customer. Nowadays, your website does the presenting for you. In most cases, the very first page of your site is where you’ll want to do most of your presenting because that’s what people will see first when they click to your site and they’ll immediately form an opinion that could sway their decision.

3. Dealing with Objections: In traditional sales, the salesperson would finish the presentation, ask for the sale, and wait for the objections (”your price is too high” or “I don’t like the color” or “we’re not buying that product right now”) and then he or she would deal with them as they came up. As an e-business owner, you have to anticipate your customer’s objections and deal with them on your site, for example in an FAQ section.

4. Close: The close is where you ask for the order and (hopefully) the prospect accepts and becomes your customer. On your website, this happens at the very end of your sales letter, where you might have a “buy now” button.

5. Follow up: This often-overlooked phase of the sale is critical to keeping past customers coming back to buy from you again.

Article Source: http://www.ArticleJoe.com

Jude Wright is the owner of 40 websites. She finds her i-Marketing Organizer invaluable in finding her Internet marketing information fast! i-MarketingOrganizer.com

Residual Income the Wise Choice for a Work at Home Business

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By: Robert Maguire

Whether you have a full-time job and want to earn some extra bucks online or you are a stay-at-home parent who is looking for a way to make ends meet, the internet is your best bet for a work at home solution.

Often the first choice people make when looking to build a work from home business is the affiliate program.

There are two types of affiliate programs online: the ones that pay a one-time commission, and the ones that pay residual income. For many new online entrepreneurs who desire to make money through the work at home business sector, it is in your best interest to look for the residual income program. The reason for choosing such a program is that you receive recurring payments when others sign up under you for that program, product, or service.

Choosing continuous income over a one-shot payment is often the most attractive choice for long-term business success.

However, choose carefully. Many of the residual-income programs require heavy amounts of marketing and advertising. Too often the come-on to enroll is offered for free. This is an attractive incentive, but only for a limited few. The ultimate goal, of course, is your ability to get your “signups” to upgrade to the paying level. For many in your downline, this will never happen. You can end up with hundreds or thousands who have joined under you, but if no one upgrades your income is not going to change.

So choosing the best kind of residual income program is to your advantage. The benefit to a residual income program is that once your signup also commits to the program, and for as long as they remain in the program, you earn money from their placement and their actions. Your “job,” therefore, is to actively seek additional people to join with you. They join because they also see the benefits of and appreciate the merits to the service. And, since you are paid over and over from your downline, you are in essence earning residual income.

Now think about that… Imagine your earning potential! Your income can skyrocket once you have discovered how to make hundreds (or thousands) a month in long term residual income. Once you successfully master that skill, and with good training and leadership from the program is it possible, you just repeat the process.

The downside to doing nothing but pursuing the downline-building portion of any chosen program is that as you manically recruit, you can actually earn less money. The surefire, solid way to build a business online and work from home is to build a solid customer base and teach others to do it, too. Never drop the ball! Less successful work at home affiliates are less successful because they do nothing but pursue the next lead or signup. Ignoring those that have chosen to work with you is tantamount to failure! You must schedule the time and attention your signups will need to ensure their success and your continuous flow of residual income. The affiliate program, when done correctly, can be a huge money maker for all.

Nothing beats having a work from home business that you can take anywhere in the world and run! Make money while you sleep, vacation, or even - heaven forbid - if you are hospitalized. The benefits to joining the correct work at home business are the residual income (of course) and the need to no longer develop your own new products and backend services. You find the service or products you yourself believe in and promote that service. You put 100% of yourself into your decision, stop flitting here and there on the net in search of the unattainable “overnight success” and hunker down to earn a living online.

Do set yourself goals. Apply yourself totally to achieving your goals. Choose a program whose longevity adds weight to that program, and one that offers real one-on-one training and support. Taking advantage of a great program with good mentoring increases your chances for earning that true work from home income. Take your dream out of “dreamland,” and make it happen!

Article Source: http://www.ArticleJoe.com

Robert Maguire lives in Dracut, Massachusetts with his wonderful wife Donna. Learn more about work at home business opportunities at www.teamacaiplus.com.

Finding Good Affiliate Products For Your Home Based Business

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By: Peter Lee

As there are thousands of affiliate products in the online market you really need to choose the right ones that suit your business program or the strategies that you currently focus on.

Before I touch on about how you can find good affiliate products for your Home Business, it is important to understand what are the attributes of a good affiliate product. A good product is one that sells phenomenally and isn’t likely to stop anytime. Finding good products may be a challenge for you, and you do want quality products with a low refund rate so that your business remains profitable. On the same breath do not forget that the prospective buyer never sees the product until he buys it, so quality isn’t really the entire picture.
Resale Rights

There are basically two types.
Basic Resale Right: which gives you the right to resell the product. When one of your customers buys this product, he owns the product for his personal use.

Master Resale Right: which gives you the right to resell the product as well as to sell the resale rights for the product. When one of your customers buys it, he owns this product and at the same time he can also sell the right to resell the product to his own customers.

Having resale rights to a product can give you an edge over others but more importantly it may present you with a good strategy when you offer it in addition to another product that you are promoting. An example would be to give away a free e-book or sell at a discounted price, if customers purchase your main product.

Sell Other People’s Products

Don’t try to create your own products unless you know what you are doing. The rational here is that it takes a long time to create new products and even for seasoned marketers, you would be starting without a track record. It is a bad approach to try to manufacture demand for something people don’t really want. In reality, it is harder to generate demand than to satisfy demand.

Which Affiliate Company To Focus On

My recommendation is to sell or promote affiliate products. I would recommend visiting each affiliate network before you make a decision. It may be easier to just focus on one affiliate network and few products so that you do not overwhelm yourself in the beginning.

There are several options for locating affiliate products to sell. One of the best places to look for affiliate products is a site called Clickbank. I highly recommend it as one of your options to make online profits and their commission rates on average run anywhere from 10% -75% per each sale made.

Research Your Niche
You will also need to do a little research to determine your niche to target the type of affiliate products people are searching for in search engines. Your goal is to find something lots of people search for, but doesn’t have ridiculous competition and you’ve got a good target market for your Internet Marketing business.

Article Source: http://www.ArticleJoe.com

To find the best Home Based Business Ideas and Opportunities so you can work at home visit: www.PeterLeeHC.com

What Is The Perfect Business?

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By: Trent Brownrigg

It is often said that network marketing is the perfect business. It seems logical that many people in the business say this, since a statement like that could draw new people into the business. “This really is the perfect business!” could be just what your prospect needs to get the courage to make the decision and join your network marketing company. But is that all it is? Just a great statement to be used in an attempt to close people, or is there actually any truth to it?

Of course not everybody shares this positive image of the industry. Many people think quite the opposite of network marketing. Busloads of people would laugh when someone would refer to it as ‘the perfect business’ because they don’t even consider it a business in the first place. They might still have the picture of a bunch of housewives gathering around the kitchen table to sell each other plastic cups and lingerie as a hobby. Obviously not everybody evaluates a business by the same criteria but with global revenues exceeding 100 billion dollars it just doesn’t fit the description of a hobby anymore. It’s serious business.

Fortunately a lot has been written on the subject over the years, by people outside and inside network marketing. Robert Kiyosaki is a good example of a successful entrepreneur and best selling author, who has not made his fortune in network marketing. He isn’t even in the business. But he is a strong advocate of the industry because of its power and potential. He also explains why, in his opinion, this industry offers the best chance of success for an individual that wants to start a business these days. He claims that network marketing companies have a system in place, much like a franchising formula, that have proven to produce results if you stick to the system.

So if we have established that network marketing is indeed a business, the question still remains: “How perfect is it?” To answer this question let’s look at this from the perspective of someone that wants to go out and start a business.

If you were to start a traditional type business the first thing you need would probably be money. In many cases a lot of it, so you would need to talk to a bank. Of course this bank is not just going to throw money at you until you convince them that your business has a good chance of success and that you are a good candidate. You may even have paid a professional to put together a solid business plan. So before you make your first dime, you are spending valuable time and money to even be considered to get the money you need from the bank.

Now let’s say you qualify and you get the money from the bank. Then you go out and start your business. You rent the space for your store or office and in doing so you have to put down a deposit for the first month or two and you probably have to sign a contract for a minimum duration of your lease. This will account for at least a couple of thousand dollars. Then you have to get the furniture and equipment to make your business actually look like one. Depending on your type of business that can range from hundreds to many thousands of dollars that you must spend just to get your business up and running.

Of course it doesn’t end there. You’ll have to take care and pay for: insurance, advertising, accounting, legal fees, taxes and a bunch of other things that you may not have anticipated, but will prove to be necessary nonetheless. In most of these cases it will take someone else’s knowledge and that someone wants to get paid for their service.

Now you may realize that with all of these things to take care of you’re required to work your business full time. And this is not full time like 40-60 hours on a job. Most entrepreneurs work 60-80 hours or more per week. Still, you can’t be in the store all day and do it all by yourself. So you decide to hire someone to help out. Here comes the nightmare of all companies: employees. They’ll work hard when you’re there and slouch when you’re not. When they show up late or call in sick, you have to open the store. And they’ll never work as hard as you do, because it’s not their business, it’s only their job. Nevertheless you must pay them before you can even pay yourself.

And then we haven’t even discussed all the outside factors like: competition, government regulations, technology, city circulation plans, customers that refuse to pay and too many more to mention. A change in any single one of them could put you out of business in no time. The sad truth is that over 90% of all new businesses go out of business within the first five years of their existence. Yet how much money do you put on the line to have a chance in a business like this?

Now let’s compare this with the business of network marketing and see what the differences are. If you start your own network marketing business the initial investment is very low; probably less than $500. You don’t need an office or a store to rent because you work out of your home. There is no need for extra insurance, legal fees or expensive marketing advice, because all of these things are taken care of by any good network marketing company. Most companies also offer valuable training at minimal cost that will vastly increase your chances of success.

You can start your business part time and you can work when and where you choose. Perhaps the most important advantage of the network marketing business model it the leverage is offers. You can leverage yourself by sponsoring others into your business and helping them build a business for themselves. Yet these people on your team are not your employees, they each have their own business. Therefore they’ll be more motivated to work because they are not working for you, they are working for themselves. This way you can build a network of thousands of independent distributors scattered all across the globe through different levels in your organization that you can benefit from. It’s like having thousands of stores all over the world without having to pay rent on any of them.

Does this make network marketing perfect? No, of course not. Nothing is perfect but anyone who seriously evaluates network marketing can’t help but come to the conclusion that it offers some remarkable advantages over traditional business.

Here is my Internet Network Marketing “Top Pick” ==> Success University

Written by Trent Brownrigg

http://www.work-at-home-jobs-iowa.com

Home Based Business Network Marketing

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By: Diep Tran

In the past few years home based business network marketing has grown and become a major force for helping people who want to work from home in touch with companies that are looking for home based workers. If you are looking for a home based MLM business, then you will find many choices on the internet. Some operations are known as turnkey operations. This just means that a product is bought and resold to another buyer who has visited the seller’s website. The website is generally set up for the seller by the parent company. This kind of market can be a very successful market to get into. This type of home based business network marketing is open to any type of product that you want to sell. The wide variety of products that you can sell is limitless. Most sellers will end up selling products that they themselves are interested in.

MLM, multilevel business marketing, will pay its partners when other people join the team to sell their product. If you want to stop the daily grind of going to work every day, then a home based MLM business opportunity could be just what you are searching for. It can be very appealing to ponder the idea of sitting at your computer at home every day and earn an income; however, it is not a good idea for you to quit your day job just yet. The income you get to start with probably will not be enough for you to survive on. You could start on a part time basis and build your business to a point where you can quit your day job and work from home.

There are a lot of false claims out there about people who earn $50,000 in the first month. Sure, this could have happened, but this is not the norm for the average person. If you come across a business opportunity that claims things like this, then you should run for the nearest exit. Instead, look for a business that promises to train and mentor you so that you can learn the industry you are getting into. Also, you will want them to be up front about how much time it could possibly take to build your sales to a profitable level. Most businesses of this type do require an initial investment in the beginning. The investment should not be a huge amount. If it is, then look at the opportunity before you decide to participate in it. You should check out the Better Business Bureau before committing yourself to one of these business opportunities to avoid getting involved with a fraudulent company.

There are many familiar companies out there that have been home based for many years, such as those that deal in women’s makeup and household products. You no longer have to go door to door, instead, you can set up a website and sell those products from there. You can even be a freelance writer from home.

Home based business marketing is a good opportunity to for people who want to stop the daily grind of going to work every day. But with every business you do need some investment in the beginning and a start-up period. It’s very important to choose a program that provides training and mentoring so that you can grow in the business.

Article Source: http://www.ArticleJoe.com

Diep Tran is Internet marketer, owns a Plug-In Profits Site and webmaster of Internet Home Business Opportunities. For An Internet Home Business Opportunity. To Make Money Online, Visit: www.internet-wealth.biz

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