CHAPTER 3. WHAT IS AN ULTIMATE ONLINE FUNNEL
You may have promoted affiliate products from ClickBank, Commission Junction or some other product online, you must have created an online funnel (landing Page, Autoresponder, tracking solution, advertisement (traffic), and a mechanism to deliver the product to the customer) or you would have used product owner’s funnel to make money online.
All these funnels were created to sell one product online or include one or two upsell orders. Actually the product owner will send many more offers afterwards to your lead you have spent money on advertisement. He will not provide commission to you for any additional sales made out of the funnel you are using to promote product. This is a normal funnel. It doesn’t provide you long lasting earning potential.
In the previous chapter we discussed about the funnels, which are nothing but company’s process and system to attract customers by creating awareness through advertisement, providing information to the interested prospects/leads (those who click on their advertisement), create need, and make a sale. All big companies like Amazon, Alibaba, ebay, Flipcart etc have created system and processes which can be called Ultimate Funnel. Once you purchase one product from these companies, you are registered into their sales funnel (you become their subscriber), then these companies will send you flyers, newsletters, information about their other products to create need so that you purchase another product from them. They send information about all their existing and new products to you from time to time. So, an ultimate funnel is a system where time and money is invested once on a prospective customer and makes multiple sales to this one customer over the time. However, you must note that it has taken many years of hard-work and millions of dollars to reach to this level for these companies.
Can you imagine how much efforts and money would be required if you want to create such a system for yourself? I am sure you understand the quantum of time and money it would require to build such an online business system.
In all the Online Funnel scenarios we discussed above, customer has to make an initial purchase for the funnel to get activated and generate more and more sales from that one customer. What would be the conversion rate for such a business system? If we rely on standard online statistics which you’ll learn in Chapter 5 of this book, 0.01% to 0.03% that means if 1000 people see your advertisement, 1 to 3 people will make a purchase. Scary, but it is a fact of the online business.
Now think of on Online Business Funnel which gives away a valuable product to its new customer at No Cost, 100% FREE, No Credit Card or Other Payment Details requested. What do you think would the conversion rate be?
The conversion rate we have seen during beta testing and after the launch is very encouraging and promising. Minimum conversion rate has been 11% and the maximum achieved so far is 62.3%. That means if 1000 people saw our advertisement 110 to 623 people enrolled to get the FREE product and became part of our Online Funnel. Now this I call an Ultimate Invisible Online Selling Machine.
Don’t feel disheartened, we have a good news for you. You can own such an Ultimate Selling Machine at No Cost now. We have created an Ultimate Online Funnel which is loaded with 29 Passive Income Streams to date. We will continue to add more and more products to the funnel as time comes. This funnel has Zero Barrier to Entry, New customer is offered a product which is 100% FREE. You will learn more about the Ultimate Funnel – An Online Business Done for You in the next Chapter.