6 minute read
How to Build a 4-Figure Sales Funnel in 24 Hours
How to Build a 4Figure Sales Funnel in 24 Hours
This one is drop dead simple, but that’s no reason to dismiss it.
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You can build yourself a sales funnel in 24 hours that yields 4 figures… …PER SALE.
Yup. Not kidding. Here’s what you do… Go to Clickbank.
If you don’t already have a Clickbank account, then create one.
For this example, I’m going to figure you’re in the online marketing niche, but this works in other niches, too.
Go to the e-business and e-marketing section of Clickbank.
Sort the results by the term, “Avg$/Conversion”.
This is going to give you the average commission an affiliate earns for each conversion to the vendor’s offer, including the earnings from all sales (initial sales, upsells and rebills).
Look at the numbers and you’ll see offers that can earn you four figures per sale.
(Disclaimer: This is the average per sale and your results may differ).
Why are these offers making this kind of money for the affiliates?
Because they’ve been tested, tweaked and optimized to convert. In other words, 90% of the work is already done for you.
Choose 3 to 5 of these high paying offers that you might like to promote. You are going to use one of these as your backend offer in your sales funnel.
You get extra points if it’s a product you already know and feel good about recommending.
Alexander shares quotes he feels resonate with the stoic philosophy with his fans, most of which are business-minded people.
But Alexander does not post ads or sponsored deals since he feels it would dilute the virtue of his Instagram account.
“There’s a lot of brand equity you’ll just lose by just taking ads,” he said.
Then last year, Alexander created two simple products that have generated hundreds of thousands of dollars in revenue, allowing him to earn a full-time living from his motivational Instagram account.
Before @StoicReflections, 28-year-old Alexander ran a business selling inexpensive products from China that he said turned a nice profit.
Alexander was successful enough that he was able to travel a great deal and live in expensive luxury apartments. But then the bottom fell out of his business, and he ended up going from the 34th floor of a luxury apartment to a five-bedroom roommate situation.
It seems that as fast as he was pocketing money from his ecommerce business, he was also spending it. His debts were in the five-figure range when his business dried up and he found himself with no income and in debt.
To cope with his situation, Alexander began studying Stoicism in 2019 to help him get through this tough time in his life.
“It teaches you resilience and the dichotomy of control: What you can control and what you can’t control,” he said.
Alexander initially created @StoicReflections to keep himself accountable. He posted quotes every day, like “Intelligence without ambition is a bird without wings,” so he could try to live up to them. @StoicReflections started as a hobby and not a business, but he quickly discovered ways to cultivate an audience in the self-help and motivational corners of Instagram.
To build his first 100,000 followers, he used hashtag discovery.
Alexander favored shorter quotes that were easily legible even on a square grid. And he inverted the traditional black text on white background to make his posts stand out with white text on a black background.
There were accounts on Instagram that were similar to his, so Alexander looked for more ways to differentiate himself. He noticed that popular hashtags, like #wisdom and #philosophy, would have over a million posts. The competition for those was simply too high, so he would strategically used hashtags with fewer aggregates of 10,000 or less to boost his posts to the top.
Your next step is to choose a front end offer in the same niche but at a much lower price. Ideally your front end offer should logically lead to the back end offer as the next step.
For example, your front end offer could teach how to build a sales funnel, and the back end offer could teach how to drive traffic to that funnel.
Don’t agonize too long in making a decision. If it turns out you chose products that aren’t converting for you, then you can easily try a different pair of products. In fact, you might set a timer for 60 minutes to locate and choose your two products along with making a list of back up products. This will keep you from procrastinating the decision and get it done asap.
Now then, once you’ve got the front end and back end products, you’re going to create a lead magnet so you can gather email addresses on your squeeze page. Don’t agonize on this, either. Choose something that you can create in a few hours or less, such as a video, cheat sheet or very short report. Tailor this lead magnet to attract the exact type of people who would be interested in your two products.
Here's your funnel: • Squeeze page offering the lead magnet • Welcome page with front end offer of a low priced product • Thank you page with a back end offer of a highly profitable product that is the logical upsell to the front end offer
You can do this in less than 24 hours, test it out, and possibly be making a profit in no time.
The key here is that the products you’re selling and the sales pages for those products are already proven to convert, so most of the work is done for you.
Choose your own methods of sending traffic to the offers. I prefer using paid methods because there’s no limit to the amount of traffic I can send, and the offers make as much or more money than the advertising costs (self-liquidating offer) and I build my list for free.
But using non-paid traffic works, too. Send your lead magnet offer to your list, on social media, guest blogging and any free traffic method you prefer.
Rinse and repeat.
If you’re truly ambitious, you could set up one of these funnels per week, or even per day.
You could also sell the funnels to new marketers as a done for you solution to get them started in online marketing.
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