The Top 10 Reasons You Should Only Sell High Quality Products.
By Paul Barrs
Even though the title seems plainly obvious, there is
without doubt a HUGE plethora of useless, money wasting
“rip off your customer” products and services available
across the Internet today.
It all comes down to one simple reason – in general terms,
the set up cost and development of an Internet Business and
product is far less than in the offline world. Offline
operators, who simply can’t afford to have their customers
walk away from them, are far less likely to make stupid
mistakes when caring for their clientele.
However, no matter what type of business you run, following
are the top 10 reasons why you shouldn’t sell crappy
products.
10. Satisfaction. This is a personal favorite. There is great
satisfaction upon completing a product, looking back over
it and saying to yourself “Wow, Fine Job!” Too often when
we work on the employee role, we are left wanting for more
job satisfaction. When you create your own products (or
recommend someone else’s), you are the boss, and you are in
total control of how you feel about the work and effort you
have put into it.
9. Future Partnerships. Once your product gets known among
the wider community, heads will turn and people will stand
and take notice of you. You should always be careful of how
you conduct yourself and present yourself through your
products. Just last year I saw one young man with great
potential destroy any future he had by first delivering a
great product, but then abusing those few customers who
experienced problems. Always be aware of the future.
8. Affiliate Promotions. During the past week, over 200 new
affiliates have joined the Paul Barrs International
affiliate program. This month, one affiliate will earn over
$3000 in commissions – this simply would not be possible
unless the products were awesome.
7. Resale Opportunities. If your product represents high
quality, you‘ve got a wonderful opportunity to value add
and offer resale or reprint rights to others. Why is this
so great? Simply because you can offer such a license at
10, 20, even 50 times the retail cost of the product,
putting good money back in your pocket. At the same time
you get your product out to people who may have never heard
of you otherwise, opening the opportunities to future
sales.
6. Returns. Even though we hate it, product returns are a
fact of business that we must accept. On average, you’ll
see a 8 – 12% return rate on electronic products. Keep the
quality so high that people can’t help but love your
product, and that will drop down to under 5%. More money in
your pocket.
5. R.O.I. Your return on investment is firstly determined
by the number of sales that you make. After that, you take
away production costs, advertising and returns. All of
these are influenced by the quality you offer. Be smart
about it.
4. Joint Ventures. Set aside from affiliate opportunities,
JV opportunities are those affiliate promotions with the
“Super Affiliates”. You know the guys and girls I mean… the
one’s with the HUGE lists. When you offer an unbelievably
high quality product and give these people a chance to
review it, just one of them can increase your sales
tenfold.
3. Back-end Sales. Do you like your customers? Who is it
easier to sell to, a new customer or a repeat customer?
Duh. Think about it. They buy from you once, love it, and
then come back to buy time and time again. That’s sound
business strategy.
2. Profit. Alright, you were probably waiting for this one,
but it’s not number one. While some people say they don’t
get into business for the money, we all have to admit that
we certainly didn’t get into business to loose money right?
Profit is what it’s all about. Be sure to always maintain a
high quality opportunity and the profits will always
follow.
1. Reputation. Finally, the number one reason why you
should always sell a high quality product is for
reputation. Even though you may say, “But Paul, I don’t
really care what other people think of me.” I’d reply to
you, “Bull dust”. The intrinsic value and reward of doing
an exceptional job is by far the most satisfying reward life
can offer. Remember – you have to live with yourself and
your thoughts for the rest of your life. The best advice I
can give you is to do what you do well, and be happy with
your own personal reputation. Let the others in your life
follow by example.
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Paul Barrs is widely recognized as one of Australia’s top
Home Business training consultants. His network of websites
teaches through multiple opportunities and streams. Look Now
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