Step 3 – Profit Funnel
STEP 3 — PLANNING Your Profit Funnel & Your Products
In “Step 3 – Your Profit Funnel”, you identify the problems your market has and plan a series of products that will solve those problems.
Your profit funnel is basically the HEART of your business. Without a solid profit funnel that moves customers from one product to the next in a strategic, systemized fashion,, you’ll be leaving a TON of money on the table!
Although you often think about your profit funnel from the bottom up, and your customers most certainly approach it from the bottom up (i.e. from the lowest price products to the highest priced products), it is CRITICAL that you build your profit funnel from the top down, i.e. from your highest priced product to your lowest, in order to build a system that actually converts people into buyers.
“RESOURCES” For Lesson 3
1. “Abundant Info Products: How To Make Big Bucks On Info Products … FAST!” –
The most helpful resource to you at this point is my course, “Abundant Info Products: How To Make Big Bucks On Info Products … FAST!”. In this course, you’ll not only find a TON of resources for finding hot markets, but you’ll learn EXACTLY what to do to find the products you’ll need for your profit funnel. The course explores Affiliate Marketing, Creating Your Own Info Products, Working with Resale Rights, Using PLR Products, and it has an extensive section on Public Domain. It’s the resource that my Apprentices use to plan their profit funnels.
The course even comes with one free month of hosting/ autoresponder/affiliate program/shopping cart!
And, to make sure that you get off to a great start with your business, I’ve dropped the price by $10! As a participant in the 30-Day IM Challenge, you’ll pay only $17.
You’ll find the 30-Day IM Challenge Special at:
The free month of hosting, complete with an autoresponder, shopping cart, and affiliate program saves you more than the cost of the course itself!
2. “Miracle Motivational Package” – http://www.AbundantPositivity.com
Inside this package, you’ll not only learn exactly what I did to overcome the death sentence my doctor’s gave me and explode my business in the process …
You’ll also learn how to use Goal Setting to put together your Strategic Plan for your business.
AND, you’ll even get immediate access to “The Master Key System”, a strategy used by multi-millionaires like Bill Gates to achieve THEIR success.
The Goal Setting audios, report, and worksheets should be essentials for every entrepreneur!
3. DIA Flowcharting Program – http://www.askggg.com/dia
This is a completely free, open source program that allows you to create stunning flowcharts. You can even save those flowcharts in .jpg, .gif, and even in .pdf format. It’s an essential tool for planning your business.
A Look Ahead to “Step 4 – Putting Together Your WEBSITE and BLOG”
1. Assemble all of your TOOLS. These include a domain name, hosting account, shopping cart, affiliate program, and an autoresponder. Several that you can use are:
2. Set up your autoresponder account
3. Set up your shopping cart account
4. Set up your affiliate program
5. Set up an opt in page that has no free product
6. Create your opt in page or sales page for your low end entry level product
7. Create your sales letter for your other products in your profit funnel (at least the first 3 and the highest end product)
8. Install a WordPress Blog on your hosting account
9. TAKE ACTION and start turning your plan into reality!
When you have everything in place, and you’re ready to show the world, make sure that you tell me too!
If you have questions, comments, etc. about the 30-Day IM Challenge, leave a comment or jump into the conversation on my blog at:
Or, jump into the discussion on the 30-Day IM Challenge Forum at: