What’s the best way to offer a bonus in order to encourage a prospect to upgrade?
Today's episode of 'Ask Matt Lloyd' was recorded in the MOBE Film Studio in Kuala Lumpur, Malaysia with Marylyn Poynter from the United Kingdom.
Marylyn wants to know the best way to incentivize a prospect by offering a special bonus.
Matt explains the concept of understanding the lifetime value of your customers in order to determine how much you can afford to spend, when trying to acquire a new one.
More...
He discusses the importance of leveraging your assets when considering bonuses, such as offering private coaching, or access to a product that you have already developed.
Matt also talks about the timing of the delivery of a bonus and making sure a bonus is not delivered until the sale is guaranteed and complete.
Speaking of good business models, online affiliate marketing is one of the best.
And the very BEST Affiliate Marketing program on the market currently is this one HERE.
And finally, BEFORE starting any home based business, make sure to download and read the Free Report below
