Image Image Image Image Image Image Image Image Image

Social Media Marketing for Business

Nathan

By

April 28, 2015

Heyo Cart: Fans Type Buy, You Make Money

April 28, 2015 | By | 20 Comments">20 Comments

Heyo Cart - Buy Comments

Heyo Cart is a new tool that allows authors, influencers and experts to sell eBooks using “Buy” comments on Facebook. Click here to try for free or keep reading to learn how experts are already using Heyo Cart to make money.

In 1995, authors, experts and influencers sold $10 million worth of eBooks through Amazon.

In 2014, that number grew to $1.6 billion. Despite the growth, something is changing…

As sales volume grew, authors began looking for new ways to sell their content without relying on the iron fist of Amazon as evidenced by the Hatchett vs. Amazon feud of 2014.

Influencers, experts and authors are becoming more savvy with online marketing and have built their own email lists, Facebook fan pages and Twitter accounts.

Now, they are using these channels to sell or presell their digital content using Heyo Cart (heyocart.com). Heyo Cart allows authors, experts and influencers to sell to their Facebook fans by asking their fans to simply comment “buy” to purchase.

HeyoCart

Best selling authors like Kim Garst, influencers like Cindy Ratzlaff and experts like Carrie Wilkerson are converting Facebook fans to buyers using Heyo Cart. We’re using it too! Here’s a live example.

In a recent A/B test conducted by author and info-marketer Sue Zimmerman, Amazon and Heyo Cart were both put to the test. Sue posted her latest eBook for sale on Amazon and also to her Facebook page using Heyo Cart to see which would drive more sales.

On Amazon, Sue sold 15 copies, earning her $106.76 over the first 10 days.

Using Heyo Cart, Sue posted on Facebook and sold 95 copies, earning her $591.05 in the first 10 days.

HeyoCart-CaseStudy

“The reason Sue saw such success with using Heyo Cart as opposed to Amazon is simple – her fans commented buy and she made money,” said Nathan Latka, CEO of Heyo Cart. “With Heyo Cart the traditional sales funnel is eliminated. Buyers don’t have to click any external links.”

Sue was also able to capture her new buyers’ information through the Heyo Cart reporting dashboard.

“An additional benefit we gained from using Heyo Cart was that it gave us the ability to collect the email addresses and names of our buyers. This made it easy to put them into our CRM like HubSpot, InfusionSoft or OntraPort for future upselling and content marketing,” said Zimmerman. “Amazon doesn’t do that.”

According to internal data from heyocart.com gathered in Q1 of 2015, the best price point for authors and influencers to sell eBooks and other digital content on Facebook is $9.00. This was based on a sample size of product prices shown to one million people who are fans of authors’ and experts’ Facebook pages.

“There is an enormous opportunity for authors, experts and influencers to sell digital products to their consumers inside of Facebook,” said Latka. “This is where consumers spend their time and it’s where they’ll buy.”

As authors and experts look for ways to share their content, make more money and gain popularity, Latka anticipates this trend toward social commerce to grow exponentially.

“Total transaction volume done on social media networks on both mobile and desktop will surpass $40 billion by 2025,” said Latka.

If he’s right, Heyo Cart (heyocart.com) might be the next Amazon for authors, experts and influencers.

Nathan

Meet 

Nathan Latka has supported the growth of over 100,000 small businesses using social media and data driven campaigns — all without a college degree.