Below are the 6 most recent journal entries recorded in money2019's InsaneJournal:

Thursday, February 24th, 2011
12:09 am	How To Make More Money With Backend Selling When you are doing IM, you have to make sure you are targeting the right market. Making the most money for your hard work is a given goal for everyone in IM. It is hard to say why more marketers do not pursue the backend marketing method. To experienced marketers, the backend represents the place where all the magic happens. These people are almost ready to become a warm prospect, so they are very open to selling something to them. What all that means for you is that your job of converting them has just become a whole lot easier. With most of the products, the best thing to do is to send out an offer every 2-3 months, letting your customers know about them. You never know what can happen, and that is why placing your business links in your signature for your email should be done. If you're looking out to take your backend marketing efforts to the next level, you can also try selling your initial product at absolutely no profit. This particular approach is truly powerful and works extremely well. Much depends on your market, but generally speaking you can quickly build a list of email subscribers this way. Find someone who will promote your product to their list, and you give that person all the profits in exchange for the contact information. You can include your links in all you do, and that will help you in many ways you do not know right now. You can get more backend sales with zero effort on your part, and that is the beauty of this model. This is more like passive marketing because once the ebook is done then you can use it how you see fit. Try not to get hung up on wondering how well it will work, you just have to do it and keep doing it. It does not matter what the ebook is about so long as it is relevant to your market. Only those who are too impatient and want quick results and sales will focus only on the front end and not do any backend marketing. But as a smart marketer, your eyes should be on the bigger goals in the long term. Backend profits are where it is at in terms of real profits, so take advantage of it. Resources: how to make money online How To Extract The Greatest ROI from Backend Marketing Increase The Odds of Building A Valuable Virtual Team Using A Virtual Team To Increase Your Business Growth Discover the Secrets to Generating High Conversion Rates from Your Squeeze Pages The Fine Art of A Squeeze Page That Works Like Gangbusters (Comment on this)
Wednesday, February 23rd, 2011
11:53 pm	Creative Uses for Profitable Backend Selling When you are doing IM, you have to make sure you are targeting the right market. Obviously you want to make the highest profit you can no matter what you do. It is hard to say why more marketers do not pursue the backend marketing method. To experienced marketers, the backend represents the place where all the magic happens. It really does not matter if you sell products or services, get the processes of backend marketing going and watch what happens. If you ship products to customers, then that is another opportunity for you to tell them about other offers. Like we said, you can use flyers, brochures, CDs with a catalog of your products, etc. Your customers will be excited about getting your product, and hopefully that will spill over into being receptive to your other products. Do not forget that each customer means value and is a real asset in your overall business. Always take the time to figure out a way to thank them for their continued business. Do not be shy about asking people how their experience was with your business. You can really set yourself apart depending on what you do. We do not recommend waiting more than a week to make this communication. Depending on how you do it, you should do a tiny bit of preselling about other products you have. Your customers will be happy with your courtesy and won't mind seeing the extra offers attached. You may have noticed that a lot of marketers use their exposure to get more exposure. This is actually a great way to make backend sales is by weaving in your related products in the content of the eBook or the information product you're selling. There is a lot you can in your pdf to remind and draw attention to your offers. Try not to get hung up on wondering how well it will work, you just have to do it and keep doing it. Your ebook needs to have solid content in it, and you can place your links to your sites, etc. Always keep in mind that you are going for the backend marketing approach, and then everything will sort of fall into place. Remember that this is a model that has been proven to be highly effective, so there is no need to wonder about whether or not it will work for you. Resources: http://www.howtopullmoneyoutofthinair.com The Backend Is Where All The Gold Is In Online Marketing How To Assemble A Winning Virtual Team Techniques to Help You Find the Best Way to Improve Your Squeeze Page Conversions The Right Way to Ask Bloggers for Links Increase The Odds of Building A Valuable Virtual Team (Comment on this)
11:38 pm	Learn How to Earn More Profits on the Backend Backend marketing is an area that is usually not thought about much by many people in IM. It is possible that people think they can make enough profit on the front end. The super successful direct mail marketers have long known that truth that the backend is the profitable place to be. The usual strategy is to have your entry product at a low price, and the whole purpose is to draw people into your business process. This article will talk more about the backend marketing mechanism and how you can make more with it. It does not matter if you have digital download or physical products, use backend marketing in your entire business model. You can include flyers in physical products you ship that talk about other related products, etc. Like we said, you can use flyers, brochures, CDs with a catalog of your products, etc. Your customers are in a receptive mode when they receive your product, which means they are more likely to buy your other products right when they get their delivery. You can turn people off if you send them a lot of backend offers, so have a sense of good taste about it. If you are wondering how you can accomplish this, then consider the topic and study of pre-selling because it is very powerful. You will need to understand the problems of your audience so you can send them appropriate offers. The bottom line is you want to have satisfied customers, and there are only a few ways to get there. You can really do a lot if you try to think creatively with your backend marketing. Do something that expresses your appreciation to your customers for being your customers. If you feel like doing so you can host special sales and make them aware of it if you send some kind of ecard, etc. Try to put something together that is just so special they cannot possibly pass it up. You can do quite well with backend selling, and you may be surprised at how much you can make. You'll have to leverage your current customer base and learn how to sell them more, higher-priced products in the backend. The trick, and it is not much of one, is to make sure you do not offer bad products. You simply have to do this for yourself if only to prove how valuable and profitable it is. Resources: earn online Learn The Power of Backend Selling Proven Steps To Develop A High Performing Virtual Team Important Practices When Working With Your Virtual Team How to Build a Virtual Team for Your Online Business Effective Ways to Get Backlinks From Other Blogs (Comment on this)
11:22 pm	Virtual Teams and How You Can Build Your Own There are many methods for expanding your business, and many have achieved that by putting a great virtual team in place. How much of an effect your virtual team creates for you is completely up to how well you manage it. Don't fall in the trap of thinking you cannot gain from this merely because you have never done it, or your revenues do not warrant doing it. We feel it does not matter at what stage of growth your business is currently enjoying. First of all, you should attempt to get everyone on your team to participate in conference calls. This will help you make sure that every member of your team knows what's going on and it will also help them concentrate on the tasks that need to be done. Holding these conference calls once a day or once a week is more than enough, so you don't have to do it too often. However, don't forget about them and ignore them completely because asking for your team's opinions and keeping them in the loop is really important. You also have to be aware of the time zones of each of the members in your team and set up meetings at a time suitable for everyone. Keep in mind that it is unlikely for all your virtual team members to live in the same time zone, some might be in Asia, some on the West Coast and yet others on the East Coast. This is the reason why you should be aware of everyone's time zone when establishing the time of your meeting to ensure that attendance is possible. When you build your virtual team, it is important that you understand and respect the fact that everyone will be located in different parts of the world. Remember that you hired them to help you, and so it will be a good idea to trust whatever expertise and knowledge they may have. Consider allowing people to do more than they have been, and that will free up your time plus foster some good will. This will give you time to do other matters, and people will see that you are willing to trust them. Your team will feel empowered by your demonstration of trust in them. Many people want to expand their opportunities, and that is one way to let them do it. You will find that your team can perform well if it rests on solid ground. Every simple step you take towards growing your team will concurrently contribute to the growth of your business, and ultimately help you achieve more sales, and get more leads. Resources: earn money online Keys To Creating A Winning Virtual Team Discover the Secrets to Building A Virtual Team Useful Tips to Help You Price Your Product or Service 3 Tips on Pricing Your Product or Service Determining the Right Price for Your Product or Service (Comment on this)
11:06 pm	Increase The Odds of Building A Valuable Virtual Team Running a successful internet business requires hard work and dedication, which goes against the mistake impression that you can make thousands online while lying back and sunning yourself on some beach somewhere. However, the most successful online entrepreneurs and marketers have succeeded in building their businesses from nothing and are earn six figures online by building virtual teams, which handle their workload. You will be able to scale up your sales and lead generation which will take your business to an entirely new level with the help of a virtual team of remote workers due to low costs. Firstly, you need to try and make sure that all your team members are party to conference calls. This will help your team members stay focused on the task at hand, and at the same time, it will allow them to be clear and current on what's happening. The frequency of these conference calls doesn't have to be excessive as once a day or even once a week is sufficient. It's really important to ensure your team is aware of what's going on and so is asking for their views, which is why you simply shouldn't ignore them completely. You will discover that your team will respond more favorably when you make a good example of leadership. Quite simply, people will naturally look to you for guidance and other things, and you must be able to provide it. If the team has no doubt that you are just an email away, then that will have a noticeable impact on them. If you show and have all the right attitudes, then that will be infectious. Try to avoid being heavy handed because that never has a positive effect on people. Lastly, you need to ensure that all communication is clear and transparent for maximum effectiveness, lest any misunderstandings occur. It is your responsibility to ensure that you are communicating properly with your team because they will be working virtually and you have to make sure to let them know if anything is going to change in your company. You should also consider involving them in the decision-making process as this will give them an added sense of responsibility. For example, you can get your team's suggestions and input on naming a product you are getting ready to launch. Frequent communication is the key to making things easier on yourself in the long run. This article clearly shows how valuable a dedicated virtual team is to your online business and how effective the decision can be. If you have never employed someone virtually or have never outsourced anything, you will need to start somewhere because anything can be learned. The good news is that you can be ready pretty soon if you take action regularly. Resources: make money online How To Extract The Greatest Value of Your Virtual Team (Comment on this)
10:51 pm	How To Work With A Virtual Team To Ensure The Greatest Success Building your own virtual team takes time and effort, but one of the best ways to manage your online business and to scale it higher is to focus on just that. Your own business virtual team that is fully trained will have an impact on your business. Avoid the thought that you cannot make use of this strategy just because you are new or your business is too young. Even large corporations started using virtual teams many years after their businesses were global in size. First of all, you should attempt to get everyone on your team to participate in conference calls. This will help you make sure that every member of your team knows what's going on and it will also help them concentrate on the tasks that need to be done. The frequency of these conference calls doesn't have to be excessive as once a day or even once a week is sufficient. However, don't forget about them and ignore them completely because asking for your team's opinions and keeping them in the loop is really important. As ever, you can draw the best out of your team when you show them how it's done through leadership by example. Your team members will look up to you for motivation, which is why you should try and show true leadership qualities. It is your responsibility to make them aware that you are there to lead and take care of things. You must have all the right emotional commitment to your team, etc. Try to avoid being heavy handed because that never has a positive effect on people. Try to take advantage of the chances you get to give feedback and anything else that is relevant. This is critical because if you don't give timely feedback, it would just lead to a lack of motivation in the team. There will always be a chance to make mention of when someone is doing a great job. If someone is having a hard time and looks unmotivated, then you should help them as much as possible. But waiting for 6 months to give feedback is not the way to go. You will find that your team can perform well if it rests on solid ground. The more you do to contribute to the success of your team will do the same for your business. Resources: how to earn money online Critical Concepts For Your Business Virtual Team (Comment on this)