5 Ways to Increase Sales and Make More Money Online

The world has changed, business has changed. Now more than ever it is so important to know how to bring in a steady flow of income into your business, so today let’s explore 5 things that you can quickly do to reach your revenue goals, increase your sales, and make more money online. Before I dig into the details, let’s start with a quick rundown of your options.

1. Raise Your Rates
2. Diversify Your Offer Types
3. Diversify Your Price Price Points
4. Charge Extra for Fast Turn Around
5. Diversify Your Payment Processors

Raise Your Rates – This is an obvious solution, but you’d be surprised how few entrepreneurs and business owners regularly raise their rates to match their increased experience and value. It’s also important to periodically raise product prices to account for any rising costs, inflation, and competitive rates in your market.

Diversify Your Offer Types – How many types of offers do you offer? You can sell digital products, physical products, and services. You can sell Do-It-Yourself products, Done-For-You Services, Done-With-You Training, and Be-Like-You Coaching.

Diversify Your Price Price Points – Appeal to a wider target market by diversifying your product price points. Using the Good, Better, Best Method you can appeal to three types of people. Good, low price products appeal to people on a budget. Better moderate price points appeal to people who want better quality than just good but still need a budget-friendly solution. And premium high price points are appealing to customers who can afford to invest in the best.

Charge Extra for Fast Turn Around – Attach a convenience fee to services or shipments that require an expedited turn-around time. When customers are on a time crunch they are also willing to pay extra to get what they want within their desired timeframe. 

Diversify Your Payment Processors – Different people like to pay in different ways. Some clients prefer PayPal while others prefer to pay with their credit cards and others like the convenience of mobile payment options like Apple Pay. You would be surprised how many customers abandon shopping cards because 

These are five things you can do to increase your sales. Let me know which of these you have tried or plan to try in the future. And I will work on adding more recommendations to this list in the near future. Until then, you might also like to review Fast Cash an Entrepreneur’s Guide to Effective Ways to Make Money Fast When You Need Emergency Funds, a Cashflow Surge, or Extra Income.