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The thank you page is one of the most profitable and often
most overlooked pages on a website. With a great thank you
page you can increase your profits by at least 30% - Sometimes
even doubling your profits. In this article, I’ll show you
how.
How to Use an Upsell to Increase Your Per-Customer Profit
In this example, let’s say you’re selling a $20 eBook
product. Your average customer value is then $20.
It might feel great at first to even just be making sales -
But you’re actually leaving a ton of money on the table if
your business is based on that first sale.
People who meticulously upsell often find that their upsell
rate is somewhere between 10% and 30%, usually with a much
higher price product.
Let’s go through one example.
Example: A $200 Upsell
If you’re selling a $20 product, putting a $200 upsell on
your thank you page may be a very good idea.
If you only get 10% to buy, you’ve just doubled your
average customer value. If you get 20%, you’ve tripled it.
The reason this works so well is because they’re already in
a buying mentality. You’ve gotten them all excited already,
they’ve built trust in you and they’ve already pulled out
their credit card.
If you offer them a killer deal, why wouldn’t they just
take it on the spot? Which brings us to our next point …
The Secret to Successful Thank You Pages: Urgency
If they could just come back later and get the same deal,
why would they buy now at the thank you page?
The goal of the thank you page is to give them an amazing
deal, so good that they can’t help but take you up on the
offer right now.
Give them a big discount. Throw in a coaching call with
you. Make the deal so sweet they’d be crazy to turn you down.
It’s much harder to have to keep pummeling someone with
emails to get them back on your site and back in a buying
state.
Instead, just hit them when they’re already hot. The moment
after they’ve made a purchase is the time to strike. Take
advantage of it!
Upselling is Required for a Successful Long-Term Business
If you just want to build an overnight business selling $20
products, then upselling isn’t necessary. However, if you want
to build a long term successful business, then upselling is a
crucial part of your strategy.
Almost every successful marketer in the world lives by the
motto: “The money is in the back end.” Upselling is what makes
a great business run.
More Articles On Effective Backend Sales Offers:
How to Sell Backend Products Without “Selling”
When to Upsell and When to Cross Sell
4 Places to Sell Your Back End Products
6 Money Making Ways to Package Your Products
3 Backend Strategies
Get To Know Your Backend
Backend Sales are More Valueable Than You Think
Parallels in Backend Sales Strategies
Understanding Backend Sales Is Like Riding a Bike
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