…
Melissa Tyran! ![]()
Though only a few people participated in the contest, I really appreciate everyone who has participated.
In the end, there can only be 1 winner, and I chose Melissa because she gives more than just a simple reason as to why she wants to Beginners Blog Profits.
She gave stronger reasons - that failure is not an option and she wants to provide better life for her family.
So Congrats Melissa and thanks everyone who has participated. ![]()
To Melissa - I’ve emailed you the details on how to claim your prize.
P/S: Beginners Blog Profits is out in a few days time, and I’m really excited about it…
Popularity: 13% [?]
Want a cool prize? ![]()
Great, see below for more details because I’m looking for 1 (one) lucky winner…
Early next week I’ll releasing a brand new product called Beginners Blog Profits. This product is excellent for beginners who are still struggling to make any money online.
Beginners Blog Profits, as you might have already guessed, is about making money online through blogging.
If you take away the teachings from this product, you won’t become a millionaire overnight. You will, however, learn some valuable lessons and proven strategies and tactics on how to earn real money through blogging.
So please note that this is not a get-rich-quick scheme and you need to put in real work and effort in order to make money.
When I first got started in Internet Marketing, it was back in June 2006. It wasn’t until January 2008 that I become a full-time Internet Marketer.
It took me a long time (1.5 years) to finally be able to see the big picture of running an Internet business.
While Beginners Blog Profits is not about making tens or hundreds of thousands monthly, it does however show and teach beginners how to start making REAL money from scratch through blogging.
Having said that, do you want a copy of Beginners Blog Profits for FREE?
If the answer is yes then you simply need to tell me why you want Beginners Blog Profits AND what you will do with it, in a comment below…
This contest will run from Wednesday October 22 - Sunday October 26, 2008.
You can post as many entries as you like, and anyone can participate. I’ll pick 1 (one) lucky winner to receive Beginners Blog Profits for FREE at the end of the contest.
So post your entries now and good luck! ![]()
Popularity: 14% [?]
If you’ve been marketing online for some time now, you should have already known that the there aren’t really any “big secrets” to online profits.
The “big secrets” (as the “gurus” called it) basically comes down to 2 very important metrics:
- Traffic
- Conversion
If your site receives a lot of visitors but none of them buy your products or services, then you are not making any money.
Conversely, you can have the world’s best converting site, but without traffic, you won’t make a single sale.
Hence, these two elements work hand-in-hand together.
Traffic + Conversion = Profits
That is why it is very important that before driving massive traffic to your site, make sure that your conversion rate is good. But then again, without any traffic at all, you can’t gauge how good or bad your conversion is.
The solution is to drive decent amount traffic to your site and see what the conversion rate is.
For example if you drive 100 visitors to your site and you make 1 sale, then your conversion rate is 1/100 = 1%.
You could probably do better than 1%. Of course, it depends on the sources of traffic as well, as different sources produce different conversion rates.
Not all traffic is created equal.
For example, affiliate traffic tends to produce better conversion rates than traffic from social bookmarking sites, while joint-venture traffic usually produces better conversion rates than affiliate traffic.
Once you’ve calculated your conversion rate based on a decent amount of traffic, for example 200 - 300 visitors, you should always try to improve on it before driving any more traffic to your site.
Why?
Because advertising costs are increasing every single day. Since you’ve worked so hard (in terms of money, effort, and time) in getting that visitor, you should make sure that you have a great converting site so that he or she becomes a buyer.
Even if he doesn’t buy your product or service right then and there, you should have some kind of freebie to bribe him in exchange for his email address, so that you can follow up with him to generate sales later on. ![]()
An excellent yet free tracking program that can track visitors on your site is Google Analytics. I’ve also done an article some time ago that’s titled 5 Reasons Why You Need To Track Your Visitors. Be sure to read that article to get a better understanding why it’s important to track your visitors.
Once you’ve managed to obtain a great conversion rate, be sure to note down the changes you’ve made to your site, so that you can refer back later on and see which specific element you changed that has a major impact on the conversion rate.
Who knows you might be able to duplicate this change on your other site to boost its conversion rate as well, even though different markets and different sites may react differently. ![]()
But hey, this is testing and tracking, and nothing is perfect. That is why it’s called “testing and tracking”!
Once you’re satisfied with your conversion rate, it’s time to drive traffic like mad to your site and make oodles of money! ![]()
And you know what, since you’ve taken down notes which elements on your site you changed that resulted in a boost in your conversion rates, you could probably slap up a mini-report and sell it for a low price or use it as a freebie to bait more people into your list. ![]()
Popularity: 15% [?]
If you have been doing any kind of marketing on the Internet, be it in the sports niche, weight loss niche, games niche, or any niche out there, you should be familiar with the promotion strategies and tactics product owners undertake to promote their products and services.
Things like pay per click (PPC), joint ventures (JV), setting up affiliate programs, advertising, social networking and bookmarking tactics come to mind when talking about promotions.
These tactics are known as Active Promotions, and *almost* everyone does them.
Product owners use these methods.
So do affiliate marketers when they promote affiliate products.
There is, however, another promotion method that can help increase your sales revenue but that is heavily underused by product owners and affiliate marketers.
This method is known as Passive Promotions.
So what exactly is passive promotion?
To illustrate this, let me give you an example.
Suppose a guy named Alex reached your sales page that sells a $20 ebook that teaches him how to lose weight significantly. Interested by your offer, he bought your ebook. ![]()
Upon completing the purchase (after paying), he is immediately brought to a page where you upsell him on an audio course that consists of 5 professionally recorded interview sessions with 5 weight loss experts.
These 5 interview sessions are in the form of 5 audio CDs, and he (Alex) can buy it with a huge discount since he is already a customer who has already bought an ebook from you.
Alex gladly took up the 5 audio CDs offer. ![]()
Since Alex is now your customer, you placed him in an autoresponder series.
Two weeks later, your autoresponder system follows up with him, this time making him an offer to a home study video course that teaches him how to have the perfect body anyone dreams of.
Again, he took up the offer.
Do you see where I’m going?
This is called passive promotions.
Without actually doing any kind of active promotions like PPC, JV, and setting up affiliate programs for the last two products (5 audio CDs and video home study course), you have managed to sell those products to Alex.
You were able to do this by doing passive promotions.
To put it simply, passive promotions mean that you do not directly promote products and services through regular ways such as those mentioned above, but instead you promote them by making offers on places such as the customer thank you page, free opt-in thank you page, autoresponder email series, etc.
Heck, you can even offer them on your competitors’ sites.
How exactly do you that?
Well, first of all, locate people within your niche (market) who are already selling some kinds of products or services.
This method would work better if these people are affiliates selling other people’s products, but nonetheless, it would also work even if these people are product owners.
Contact them and offer them to sell one of your products at a discount on their thank you page or in their autoresponder email series for their customers.
Now, I know some of you might be thinking: “Yeah that would work if they were affiliates. But if they were product owners, why would they want to create additional competition for themselves?” ![]()
My answer to that is: “Well, you are asking them to sell your product once someone has already bought from them, so it’s not like this person will buy your product and then decides not to buy their product (because he or she has already bought from them in the first place).”
To make this work even better, here are 2 tips you can use:
1. Look for people who are selling only 1 product
You may not notice this, but there are a lot (and I really do mean a lot!) of people who sell only 1 product in a given niche.
I’m not kidding!
If you don’t believe me, keep your eyes open and start paying attention starting from now on. Subscribe to their list and see for yourself. Most of time, they only have 1 product to offer.
By targeting these people, they would be more than happy to offer your product to their customers, since if they hadn’t collaborated with you, they would not have earned any additional income.
2. Look for people who are selling products that are in different price range as your products
It’s easier to persuade people to sell your products to their customers if your products are in different price range than their products.
It can either be cheaper or more expensive, and both would work well.
After their customers have already paid for their products, they can either offer an upsell for your more expensive product or a downsell for your less expensive product.
If your product is in the same price range as their products, chances are the customers will view your products and their products as similar (even though this may not be the case). When this happens, conversion rates for your products will drop.
So which method are you currently using more to sell products and services? I’m betting Active Promotions eh? ![]()
Start doing some Passive Promotions today as well!
Popularity: 17% [?]