Bundling your products can give you a number of benefits:

· avoids the “you’re too expensive” objection

· avoids direct price/value comparisons with your competitors

· can form a ‘no-brainer’ offer

· can support a ‘time-limited’ or ‘last few’ scarcity offer

McDonald’s does this with their Extra Value Meals — sandwich, fries, and drink, for one low price.

Computer companies offer packages regularly. For example: “Buy a computer — get a free keyboard, mouse, and modem, and $1,000.00 worth of software.”

Add some low-cost bonuses and emphasize the terrific value that your unique bundled offer gives the customer to remove the ‘too expensive’ objection!

John Thornely
© John Thornely www.johnthornely.com 2008

To learn more about how YOU can
Profit From The Internet – Fast, visit
www.Internet-Tycoons.com

How can you tell whether your terrific new brain-child idea is a killer or a dog?

Well, as any seasoned marketer will tell you, there are no sure-fire ways. There are NO right and wrong answers in marketing – there is not a single expert who can tell you whether your new product will fly or sink!

As an example, a very seasoned marketer and copywriter I know admitted to me recently that he launched a new product last year that he was convinced would sell like hot cakes…

Did it? No – it bombed!

So not even the experienced marketers get it right all the time!

But yes, there is a way of making absolutely certain-sure that you have developed a winning product…

As web entrepreneur Nick James explains, it’s quite simple:

You allow the punters to tell you whether or not they want your product….

And he’s deadly serious when he says that the only certain way to be sure is to test your product in a suitable, email broadcast, newspaper ad or direct mail campaign…

The punters will pretty soon tell you whether or not they want to buy or not…. Either you will get lots of orders, or you will just about break-even, or you will hardly get any orders at all. You just wont know until you test!

Now, do you want to know the single most powerful piece of information in the product development and/or direct marketing business?

This information is worth more than everything I have previously told you, put together. It’s this:

Believe the punters – not yourself.

There. I really don’t like to tell anyone not to believe in themselves…

But in this particular instance, you must put all your faith in the punters.

It doesn’t matter how much of a ‘pet’ your product is. It doesn’t matter how much your old mum and your friends tell you it’s a GREAT product. It is wholly irrelevant that you have seen scores of adverts for similar products at a higher price. – If the punters don’t respond to your advert, then you must drop that product and move straight on to the next one.

The only exception to this is if you have a modest response, and you think you made a slight mistake… (say by advertising in completely the wrong place, or too expensive, etc.).

In this case, it might be worth testing again. If this second attempt also fails, then drop the product immediately.

Don’t try and second-guess the punters.

Don’t worry too much about how or why the punters didn’t buy your product. You will probably never work this out… I never can!

The greatest mail-order gurus in the world often find themselves scratching their heads in disbelief at what works, and what fails. They are continually amazed that their ‘dead-cert’ product flops completely, and their rank outsider, no-hoper product which they whacked-in for a quick test, results in bulging mail-sacks.

There is often no rhyme or reason to this. Who knows why the punters will go for a product, or leave it alone? It could be one word in the copy, a ‘feel’, the picture, the price, their perception of your ability to deliver…. ANYTHING. You’ll never find out.

Now the big difference between a winner, and a loser is that the winner will listen to the punters no matter what he thinks. If the punters tell him that his red-hot favorite product is a lame dog, then he’ll drop it immediately. Losers will back their hunches right down the line until they go broke.

They just know that this product is a winner…. If the marketing fails, then they attribute it to the media, or the day of the week, or the price, or the delivery time. They don’t believe that the punters could ever reject such a super product.

So they promote it again, and again and again until they have lost a very great deal of money. Then they believe. But even after all this, they still harbor a sneaking suspicion that if they’d just altered the coupon shape, or increased the money-back guarantee to 30 days, or…

You get the idea….

To become a direct-response winner, you MUST believe the punters…

The punters KNOW – you only BELIEVE.

This principle can be summarised in this vital concept:

MILK YOUR WINNING PRODUCTS, DROP YOUR LOSERS.

Source: http://www.ebizhelpers.com/article~cat~ecommerce-general~articleid~4047.htm © Nick James.

John Thornely

To learn more about how YOU can
Profit From The Internet – Fast, visit
www.Internet-Tycoons.com

Here’s a quick fact: It’s easier to distinguish your business from a benefit and service point of view than from a product or feature angle.

For example, if you sell telephone headsets, perhaps you can distinguish your product by saying it has a mute button, comes in 5 colors, and is lightweight.

So what? What benefit is that to me as a customer?

But from a service/benefit aspect, you can offer these benefits, which are MUCH more interesting to me:

· In stock or it’s FREE

· We never close

· 4-hour guaranteed repair

· Trade up when you outgrow your system

· Order 24 hours a day

· Choose from 100 different systems

· Same-day shipping — only $15

· Order by midnight and get same-day shipping

· Prepayment discounts

· FREE technical support

· Toll-free ordering hotline

· Priority-member ordering hotline

· Order over the Web from your own computer

· Money-back guarantee

· Saves you at least $10,000.00 a year in productivity or your money back

· FREE report with any purchase

· No minimums

· Guaranteed everyday low prices

· Business leasing — $0 down payment

· Expert sales consultants

· And much, much more

So tell your customers about the Benefits, not the Features of your service or product – and don’t be shy!

John Thornely
© John Thornely www.johnthornely.com 2008

To learn more about how YOU can
Profit From The Internet – Fast, visit
www.Internet-Tycoons.com

Ever spent a lot of money developing products and ideas that nobody wanted to buy? What a horrendous waste – there are so many ideas that people will spend money on!

With Google AdWords, you should never need to invest more than a few hundred dollars – or in the worst case a few thousand dollars – pursuing an idea that won’t work.

Let’s say you’ve got a product idea. The product itself costs $5,000 to develop, and you’re sure it’s a good idea because it solves a really thorny problem.

So here’s what to do: You write a report, ebook or white paper about how to solve that problem. You create an opt-in page where people can get your report in exchange for their contact information.

Then you ‘buy’ keywords, send people to that page and see how many people you can get to opt in. That’ll give you a gauge of interest.

If you absolutely cannot get anybody to opt-in to your report – or if you can’t find keywords that anyone is searching for – then that’s a good sign you should abandon the project before you throw any more money at it.

When people do opt in, you can send them an email (or even call them on the phone) and ask them what they’re really looking for. If your report is any good, they’ll be happy to talk to you, and you’ll get LOTS of input about the kinds of problems they’re trying to solve.

John Thornely
© John Thornely www.johnthornely.com 2008

To learn more about how YOU can
Profit From The Internet – Fast, visit
www.Internet-Tycoons.com