MOBE Ratings: Offer a Bonus to Encourage Prospects to Upgrade

mobe ratings to upgrade bonus

MOBE Ratings: The internet marketing niche is a very competitive industry, and you will need to have something different to stand out and have an advantage over your competition. One of the greatest ways is to incentivize your prospects with a bonus they will get for buying from you.

But how do you go about offering that bonus without it seeming like a bribe, and how can you guarantee that you are not making a loss with prospects that are not going to buy?

Know Your Client’s Worth To You

Before you offer a prospect a bonus, evaluate their lifetime worth to you. Have a rough estimate of how much they will spend on your business in their lifetime as a customer. This will help you deduce how much you can spend to acquire that customer. You don’t want to be spending a lot of money on a customer that is only going to spend a small amount of money, sometime even less than what you paid to acquire them.

For More Click Here :Internet Marketing for Beginners

Give Value, But Maintain Your Margins

The foremost and important thing when offering a bonus is value. Make sure what you are offering to your prospects is something of value that can benefit them in their business. Learn to differentiate between ‘valuable’ and ‘expensive’. Just because something you are offering is high priced doesn’t necessarily make it valuable. Also, some bonuses give value, but are outside the limits or what you can, or are willing to spend. For example, a laptop is a high priced item that will be costly to offer for prospects to sign up. Instead, you can offer a valuable bonus that cost less, for example, a free coaching session with you.

Give The Bonus After A Sale

MOBE Ratings: Never send a bonus before the prospect makes the actual sale. You promised the bonus as a reward for purchasing with you, and it should stay that way, otherwise you are setting yourself up for a possible loss. This is especially true for physical products like laptops, mobile devices, etc.

Final Thought

Offering a bonus is a smart way of giving your prospects that extra push they need to make their purchase decision. Be careful when offering the bonus, to make sure you do not lose money acquiring a customer who will not bring you much profit.

 

MOBE Training: Internet Marketing for Beginners

Mobe Training Tips for Beginners

Mobe Training: If you are a complete newbie to the internet marketing spectrum, you probably have already met a few words that have confused you. Internet marketing has a lot of jargons and abbreviations that only insiders will understand, so this MOBE training guide will explain sixterms among the most commonly used in online marketing.

Search Engine Optimization-

(SEO) probably one of the most used words in content marketing. SEO refers to efforts made to improve search engine ranking in order to gain more visitors to your website. You do this by incorporating search engine friendly elements like content, keywords, images, etc.

Search Engine Ranking-

The position at which your website appears in search engine result pages. You want to optimize your pages so that it can get top results and gain you a lot of organic traffic.

Keywords –

these are words and phrases that make it easy for people to find your website in the internet.

Conversion Rate-

Your conversion is the number of people that take a desired action in your website, e.g., opted in to your list, purchased, etc. The conversion rate is the percentage of people who converted out of all who visited your page in a given timeframe.

Conversion Rate Optimization (CRO)-

A system for increasing your conversion rate. It involves the user experience you give page visitors, visual design, copywriting, neuromarketing, etc.

Unique Value Proposition (UVP)-

A unique trait that differentiates you from all the rest. It is basically a way of telling customers why they should purchase with you instead of someone else. A good UVP will explain to the user what they get from buying the product, and what other perk they will get from buying specifically with you, e.g. discounts.

Conclusion

Internet marketing grows every day, with more systems and processes coming into place and replacing or complementing the old ones. This comes with new terms and words, and it is important for a marketer to keep up with this new words. This are just a few of the words you will definitely meet as an online marketer. Research and learn as much as you can so that you improve your competency and chances of success.