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Attraction Marketing, Self-Liquidating Offers And The Automatic Self-Funding Internet Business

February 12th, 2010 Twitter Guru No comments
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Let’s face it folks… most people don’t fail because they have a poor internet business idea… most people fail because they do not have “staying power”.

In other words most people new to the internet business world fail in their business attempts because they run out of money to sustain their business, especially at the critical beginning stages of just starting out.

Believe me, I know, I have been there, done that and I have the T-shirt to prove it.

Most people when they are starting out get so excited about their business product or idea that they have created that they just want to run right out and spend a bunch of money on Pay-Per-Click or other up front expensive advertising methods without a clue how to actually get a sustainable Return On Investment (ROI)… Again, been there, done that also…

Here is what I see time and time again:

- Create an info product or application (digital or shippable)

- Selling price is $67.00

- Do some rudimentary Keyword Research

- Throw up some Pay Per Click (PPC)

- Spend $600 in PPC the first month

- Make a paltry 10 sales for a total of $670 gross

- have a net profit of $70.00

- Uh oh how do I pay for another $600 in PPC and remain profitable?

- Spend $35 in PPC (50%) of net profit

- Make 0 sales

- Net profit now $35

- Buy a nice steak dinner with that $35.00 and call it quits

OUCH!

So what is missing to help mitigate these situations for the new person just starting out?

There are numerous things that can help overcome the above failure scenario, such as:

- Knowing what is the best type of product to market and what actual market to be in that will have the best chance for success based on your knowledge, passions, interests and personality

- Knowing how to generate laser targeted traffic for pennies on the dollar

- Knowing how to write great ad copy so as to increase your conversion ratio so you get a higher ROI for every visitor you get to your site.

- Knowing how to set up the best automated systems so as to eliminate bottle necks that cause the drain on your top 2 most precious commodities… TIME and MONEY.

Now all these things are great at increasing “staying power” and your chances for success…

In fact I know how to do most of those things in my own business consistently and even teach it sometimes to others…But the problem is most of those things have a learning curve…Some, like writing great ad copy, has a STEEP learning curve…

So what is the answer?

The answer is… there is NO “perfect” answer and if anyone says there is they are a liar that needs to be publicly humiliated by pointing and laughing… just kidding.

Seriously with this being said though I think most people starting out need to have a perceptual, mental shift in how they are going to go about marketing their product or services…

What do I mean?

I mean…Don’t lead with your main product and always have “back-end” products based on similar markets as your main product that you can up-sell, down-sell or offer your prospects and customers in the future…

This is concept is what I like to call an “Automatic Up-Front Cash Generating Self-Funding Internet Business”. It’s sometimes referred to as a “Self-Liquidating offer”, “front-end / back-end marketing” and a “Self-Funding promotion”…It sometimes even called an “Attraction Marketing system”…Whatever you call it is all the same basic concept

Let’s say you created an awesome shippable dog training method manual that you researched and can confidently charge at least $200 for. Now if you don’t have staying power (aka lots of money) and you use the above PPC failure scenario you will be out of business just as quickly, maybe even quicker because it may be harder to sell a product on the first shot for $200 without establishing any kind of relationship or credibility

So what should you do?

Sell a $20 eBook, CD or DVD that gives “some” of the secrets that are contained in your $200 dog training manual. At this point after they purchased your $20 product you now have “primed the pump” and the opportunity to “back-end” your customer into buying your full $200.00 manual…In fact you can build the offer for your “back-end” product right into your “front-end” product in the form of a subtle sales pitch while still offering value and quality

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The Dos And Don’ts Of Internet Marketing

February 12th, 2010 Twitter Guru No comments

Anyone who has gone through the process knows that internet marketing can be a hassle, but it can be even harder on people when they don’t take a good approach to it. Taking the right steps and being able to be confident in how you market your website can save you more time than you can imagine.

Often what really holds people back, though, is that they are given bad advice that works for some but not for all, and they end up giving up before they ever really got going. Really, there are just a few things to keep in mind when you have decided that you are ready to market your website.

First off, never trust a program or website that promises you the world in a very short amount of time. Whether you want to believe it or not, internet marketing takes time, so don’t expect the traffic or the money to come flowing in right away. If you expect this, you will be let down and you will probably want to quit when reality sets in. That’s why you should stay away from these types of programs. All they will do is take your money and give you a few tips that you could have gotten for free.

The type of program you should be looking for is the one that actually interacts with their clients. Whether you use a single instructor or a prerecorded video, make sure that it goes through everything step-by-step and lets you practice as you go. Internet marketing is a whole new language to most people, so being able to use it in a simulated fashion will motivate and truly teach them how to effectively use the information that they are learning.

Another thing you can do is find seminars and workshops in your area that are going over the newest internet marketing techniques. Not only will you be able to learn how to promote your site on your own, you will also be able to network with the other people who attend. It is definitely a win-win situation, which is why I definitely recommend doing this. There is nothing wrong with going out and getting constructive criticism from people who can see you. This honesty will only help you in the end.

The one thing you shouldn’t do with seminars and workshops is go the ones that is too advanced for you. This is just a waste of your time and could intimidate you to the point of quitting. Avoid anything that you are not ready for yet.

Just use common sense and don’t get too ahead of yourself in the process. Be willing to fail a couple of times before you succeed. That’s what everyone has to go through. With patience, the traffic will be coming your website’s way in no time.

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Internet Marketing

February 12th, 2010 Twitter Guru No comments

The use of the Internet can help launch your success as an author. There are several ways to take advantage of what the Internet has to offer.

First, you need a website. There are many ways to design, develop and maintain your website. It is easy and cheap to secure your domain. GoDaddy and Register 4 Less are two registrars that offer domain name parking. From there, you can use Google Aps, Webs.com, or a host of other mediums that are user friendly to develop and publish your website. You can hire a web team that will take care of everything for you. Keep your website fresh and up to date so that your readers will keep coming back for more.

Next, sign up for all types of social media. Facebook is a great way to connect with almost everyone you know. As a first time author, your friends and family will be the first ones to buy your books. With Facebook, MySpace, and Twitter, you can reach nearly everyone easily and without any cost. Make sure you post where you can buy your books and invite everyone to your book signings and events. In Facebook, you can develop a fan page where your fans can sign up to receive updates. Just like your website, keep it fresh and up to date.

Sign up on Bookmarket.com. Author John Kremer has developed this site and it is full of helpful information. Here you can network with other authors and publishers as well.

Blogging is another essential tool. Blogger.com is one great place to build your own blog site. This is a wonderful avenue to let everyone know what you are working on next. This is your personal space to let your fans get to know you. Some blogs add a newsfeed link so that your readers can follow you.

24-7 Press Releases and PRWeb are two fantastic PR sites to help increase your online presence as well as being able to reach your target media outlets. Your releases will show up on websites all over the place. Many websites have news feeds set up with key words. Your releases will be pulled into the feeds for readers to see. Both of these sites have affordable options as well as the more involved. You can choose your weapons.

Newsletters and email are the most important vehicles for marketing. Here you can send personalized messages to those who subscribe to your newsletters or email updates. Constant Contact, the program this email came through, is one of many programs available for this type of marketing. It has a tool that you can use to put on your websites, blogs, etc., so that your readers can sign up to receive news from you. You can use your emails to extend special offers to your subscribers only.

Use Amazon.com and other online booksellers. Many of you may not know about the tagging feature in Amazon. Tell all of your friends to tag which genres your book falls in. You can also build an author page there and add a live feed to your blogs. Have your friends and reviewers add their reviews and rankings. Play around on these sites. You’ll find a treasure chest full of surprises.

Another great way to market online is to network with other writers. Go on a blog tour. Trade links with them. You both will have a lot to gain.

Make yourself available for instant messaging on occasion. Set up an account that you will use for “the public”. Announce when you will be online and let the fun begin. You’ll be amazed at the questions people will ask you. If you wish, keep it short. Half an hour may be enough. You can also reply through email to the questions you do not get to during your chat session. (Make sure to include a link to your books, sign-up area for your website, and anything else you are trying to promote in your email response.)

Finally, podcasting and videocasting can reach a different audience. Go ahead, don’t be afraid. Take advantage of YouTube. Forward your links to everyone you know. If even half of them forward to their friends, you have reached a greater audience.

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Tips On Finding A Good Coach

February 12th, 2010 Twitter Guru No comments

If you’re looking for a good coach to teach you the ropes of online marketing, do you know what to look for? Who can you trust? What do you look for in a coach? And do you need a coach? If so, what should you expect from one? These are very good questions recently asked by a student of mine and I’d be happy to share my experience so that I can help you also discover what you need to look for when searching for a good coach.

I’ve actually had a coach, and that’s the only reason why my business is where it’s at today. It’s simply due to the fact that I had a mentor to guide me along the way. Of course I made some mistakes, but without a good coach, I would have made a lot more. The idea I’ve always had was you want to get as close to the source as possible. If you can’t get the actual coach, if that coach has a partner, go with them.

I was a coach and had multiple different coaches that were like coaching partners. Actually, they were students of mine that chose they wanted to do some coaching for me because they really loved what I taught. I even had my brother doing it with me. When my brother was doing the coaching, it was really effective. It was actually a really huge selling feature for those purchasing my services, (even though it was not directly with me). But it worked well for the simple fact that they got my brother. You can’t get any closer than that to the source! It was great for his students because any time my brother had any questions, he would actually call me up on the phone anytime to ask me to clarify anything or ask for advice. I let my brother call me anytime – even if it was 3:00 am in the morning! That was really beneficial for a lot of his students. He also understood the whole process, had been around and actually seen and done it, so he had first-hand knowledge of the business. So, if you’re looking for a coach make sure that if you can’t get them directly; make sure that their coaching partner has first-hand knowledge.

What other things should you look for in a good coach? Find one that’s genuine and that really enjoys helping people. That way you know that your money will be well spent. The last thing you want is to hire someone who sees’s you as a burden. Your coach also needs to welcome questions. If you have a coach that makes you feel as though your questions are stupid or makes you feel inadequate, they’re not meant for you. A good coach welcomes all types of questions and doesn’t think of any one question as a stupid one. Remember, you want to learn from the best. So, consider a coach who you admire both personally and professionally. This will not only help you stay motivated but it will also help you achieve the success you desire.

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A Complete Guide To Internet Marketing Success

February 12th, 2010 Twitter Guru No comments

1. Do Research before going for internet marketing:

Before you enter for any specific internet marketing niche, you should completely acknowledge the targeted audience via your marketing strategies. The sector encompassed by you internet marketing should be large enough to provide with enough profits to your business or product. Doing your research will reveal the best sector from where you can get maximized profits for your business. If you blindly enter into any of the randomized sector, may be you will not be that much lucky to get profits. There are a number of free tools over the beautiful platform of internet. You can access these tools to conduct your internet marketing research. Many of these tools are renowned and give reveal some really true secrets of profit for you.

2. How to come on internet?

You are only required to have a website which should be credible enough to accommodate millions of users a day. In today’s modern world of websites and internet communication, you can get a number of web hosting services which only requires only around $50 to setup a good website. You should also conduct a good market research to opt for the best web hosting company. Many web hosting companies are fraud and fake and therefore, you should not get into the web of those companies. If you have really found a good, reputed and nice web hosting company, you really do not have to make any upfront payments. Many reputed web hosting companies are offering testing services as well. If you do not like their testing mode, you can return them the package back and your money will be returned.

3. The fastest way to make money:

The fastest and the best method to make money for your business is to go for affiliate marketing. There are a number of ready made templates which are only required to embed in your website. Once embedded, you are ready to give your customers with the beautiful feature of affiliate marketing. Affiliate marketing turns thousands of customers from a single customer and again thousands of each of these thousands customers. So finally, that makes up millions of customers – if the affiliate marketing strategy is deliberated and attracting. The best benefit of affiliate marketing is that you are not required to expend even a single cent to the affiliate marketer. Everything goes on its own if a proper channel of system is developed.

4. Various ways:

Blogging, forum posting, emailing, chatting, voice conferencing, live assistance and a number of other ways are employed to boost the sales of your product. These methods are employed on large scales and you must have confronted one in your life.

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The Importance Of Hiring An Internet Marketing Company For Your Online Business

February 12th, 2010 Twitter Guru No comments

When you have just established an online business, you want people to notice it with less effort on your part. With thousands of companies selling anything you can ever think of springing up everyday, consumers are presented with an endless option. That is why they’re more picky and selective than ever before. This is where an internet marketing company should be a part of you business strategy because they can help you direct traffic to your website, turn those visitors into potential customers, and assist you in establishing good business relationship with them.

Oftentimes, new businesses fail to fill in small but important matters due to lack of resources or the ability to realize them. Sometimes, minor details are left out because they think it won’t make any impact on their businesses. That is why it is considered by internet business experts a good investment to hire an online marketing company to iron out the details for you. Relying on people who have the extensive ability to understand your target market and know how to capture them is money well spent. They will help you fulfil your commitment to making your business presence felt on the web’s radar. A competent marketing firm can bring to light certain issues that you will not think of yourself.

An internet marketing company is no different from a conventional marketing company. It also has a vision and a mission in the sense that your business has goals to achieve and objectives to follow that your marketing firm will try to develop to further enhance your image. Before choosing a company that will help you realize your entrepreneurial dream, you should know first the areas of your business that you need assistance with. You know you want to be significant in search engine rankings but you should be more specific before starting to devise tactics on how to go about it. Define in a few words what your company is all about. Those keywords will help propel your company further up.

A good marketing firm will help you put your plans and business strategies into action and they’re supposed to execute them effectively. But this doesn’t mean you can leave everything to them. You must be a hands-on owner so you’ll learn the ins and outs of the internet business quickly. Issues like having the appropriate website, the right number of visitors and a juicy enticement to lure customers in should be resolved, with the help of the marketing firm you hired, while your business is at its earliest stage. An internet campaign that is spot on will surely bring in a lot of success and triumphs. And that will only happen with the right help and support.

Because hiring an internet marketing company is a venture that you would have to spend your money on, you should only aim for the very best in the business. It takes a little bit of research but the good thing is you don’t have to travel far and wide to reach them. You can always check out the company’s portfolios online to learn just how dependable they are. Their prospects should perfectly coincide with yours before you decide on hiring one.

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