Browsing Tag Internet Marketing

Can You REALLY Make Money With a Membership Site?

How Your Content Delivery Affects Your Profits

When most marketers decide to start selling information products online, they usually start selling ebooks. But did you know that you can offer the same information in a slightly different format and actually make more money? It’s true. And that’s exactly what you’ll learn how to do in this article.

Let’s consider for a moment the different ways you can deliver content. We’ll focus mainly on the online methods, although you certainly can deliver physical products such as books and home study courses and live events such as teleseminars.

Here are the main downloadable options:

* Ebooks and reports. Almost everyone who sells information online offers ebooks and reports. Usually, these are low-priced ($50 or less) and sometimes free. It’s a great choice for entry-level products to pull people into your sales funnel.

* Audios. Audio interviews and audio ebooks have a slightly higher perceived value. That means you can take the same information as an ebook, turn it into an audio and charge a higher price.

* Videos. Videos are the next step up, meaning you can take the same information as offered in an ebook or audio, turn it into a video and people will consider it to be worth more. Naturally, that means you can charge more.

* Membership sites. The perceived value of a membership site largely depends on what you’re offering in the site. For example, an ebook-only membership site is going to have a lower perceived value than a site that includes videos.

Now, you may want to incorporate all four of these products into your sales funnel. For example: You can use your ebooks as entry-level products, your audios and videos as intermediate products, and your membership sites for your expert-level products.

But here’s another idea…

Just skip all the other products and get people directly into your membership site. Indeed, you can use your membership site as a sales funnel. That means you can offer free “bronze” memberships and then upgrade your free members to paid memberships.

If you’ve spent any time studying membership site marketing before, then you already know just how profitable it can be. In fact, I bet you’ve even crunched the numbers before. For example, if you get just 1000 members paying you $20 a month, you pull in a cool $20,000 every month.

Well – close but not quite.

You’d pull in $20,000 every month only IF you can keep all 100 of those members… or if you can rapidly replace the members who are constantly quitting the site. Most marketers can’t do that. And so their sites eventually just make a couple hundred dollars a month.

You see, that’s because most membership site marketers don’t consider the churn rate (that’s the number of people who’ll drop out of your site every month). Truth is, most customers who are paying a monthly fee in a recurring membership site cancel after just three, four or maybe five months (if you’re lucky). And so you need to work hard all year around just to keep your membership numbers up.

Now before you toss out the idea of running a membership site, let me tell you that there is an easier and FAR more profitable way to do it. And best of all, it’s easy to get members because you don’t even have to sell anything on the front end.

Sound a little too good to be true? It’s not. And if you act right now, you can get all the details for free. Go to MembershipMarketers.com now to find out how you can triple YOUR membership site profits!

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Continuity Programs with Internet Marketing

In this post, we are going to discuss continuity programs as they apply to internet marketing, membership sites and e-commerce. Basically, a continuity program is when a customer makes a commitment to purchase a series of products over time. It works out great for both the customer and the merchant, because the client can receive their products automatically without having to reorder them or go searching for where they got the first one. And the merchant can build a substantial list of repeat customers.

We have all participated in buying something in this manner. Health products, vitamins and beauty products normally are auto-shipped every month and the charges are automatically deducted from your bank or credit card. Food items that are gourmet or specialty can also work with a continuity program. Typically there is a lower introductory price or free trial period, then the customer gets billed once a month upon receiving their product(s). Of course, they can always cancel their subscription/membership and not continue to be billed every month.

There are a multitude of ways that you can offer your products. Open ended models are ones where the customer knows that they will be billed monthly and automatically receive their goods. Close ended models also work well, for example, a customer will receive one part of a product (like an encyclopedia) per month, and when all parts of the set have been delivered, the agreement and the billing ends.

Remember, selling pieces of something one at a time can turn out to be much more profitable in the end. Let’s say your product is $399. People might never be willing to shell out that much for your product, but if they can be automatically billed $39 every month or six weeks, they will most likely go for it if they like your offer!

Continuity program marketing is a win-win situation for both the seller and the buyer who want to stay loyal to the product/service. It is also an excellent way to build customers for life, who will potentially be with you month after month allowing you to build a substantial residual income. Click here to proceed...

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Basic Techniques of Internet Marketing

There are many simple, fail-proof ways to earn money, and one of the best ways is through internet marketing. When you learn basic internet marketing skills, you’ll wonder why you haven’t already jumped on the bandwagon. When you think about it, the only things you’ll need to make money is an idea of what you want out of life and the knowledge and energy to put your ideas into motion.

Basic internet marketing techniques can teach us how to acquire wealth, and an important factor is to provide something the public needs, whether it is a product, a service, or information. Every business has a goal of making money, and every business has something to sell. You will need knowledge and a product before you begin your internet marketing. You may need money upfront to start your business, although the outlay could be small if you are selling information or services as opposed to a tangible product. You will need a web site for advertising and informational purposes. If you have the ability to do it yourself, all the better.

Like any other business, internet marketers need sales leads. Retail merchants who set up offices or shops are able to buy lists of potential customers, or they may ask their employees and acquaintances to provide them with lists of names to get their business started. The world of internet marketing also will need marketing leads. Internet marketing is a very competitive market, and a large portion of your time will be spent generating new marketing leads to drive your sales.

New services and products are introduced over the internet every day. Some of the reasons for these new developments can be attributed to market conditions, new technology, improved search engines, or totally new concepts. There are even products that will help you develop your internet marketing leads and attract new customers.

One of the most common ways to attract new customers is to develop an email list. Although email marketing may not be as effective as it once was due to software that filters out “spam,” it does still work. One of the best features of email advertising is that it is a free method of getting the word out that you’re in business. The response to emails is still good when it does reach the intended party.

An important part of email marketing is that it can be repeated over and over. You can start out with a small list of marketing and sales leads for your online business, and then build from a few email recipients until you have established a loyal customer base. In addition to generating email marketing leads, you may want to consider a couple of other methods of advertising your business.

Another internet marketing technique involves utilizing pay-per-click (referred to as PPC) advertising, whereby participants are paid a small sum of money every time someone clicks on the site. An excellent way to inform others about your business is to join one of the many forums related to internet marketing. You can post information, ask questions and receive answers from other internet marketers, and it is also a good way to gain name recognition.

When you begin your internet marketing projects, be sure to establish enough marketing leads to sustain your business and make it profitable, and develop a good internet marketing strategy early on in your planning stages.

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Getting Started with Internet Marketing

When starting off with Internet marketing, you’ll undoubtedly end up hearing things like, “There is money in lists,” or, “If you don’t build a list, you’re leaving money on the table.”

And you know what? Those sayings are both absolutely right.

Lists are one of the most profitable tools of a savvy internet marketer; so of course, you will want to be building your own. Without a good understanding of how to do so though, you’ll probably end up getting few subscribers and not earning a cent.

Instead of the fluff that some other eBooks offer, List Building for Newbies will give you a solid core understanding, and more.

Instead of half-baked and partial ideas, you’ll get the full version of List Building 101, that covers everything from what you need to get started, to how to get more subscribers and increase their responsiveness.

At the end of the day, you’ll have a concise, fact-filled and effective guide which will help you build and market to a list that practically sends money to you.

Forced Subscription Profits provides you with a different way of thinking when it comes to list building. Download your copy here!

Why Build a List?

Unlike grocery lists or spare parts lists, in the marketing sense of the term, a ‘list’ refers to a list of customers. More specifically, in regards to internet marketing, it refers to a list of emails through which potential customers can be contacted.

If you’ve ever faced a situation where you needed to enter your details (especially your email) before you download something, then chances are that you are, or have been, part of a someone else’s list.

Even large companies that are already very established use email lists of their own to keep track of their customers, and alert them to new developments, offers, and so forth. Of course, this ties in to yet another question at hand…

Why Build and Use a List?

Commonly, not having a list is said to be ‘leaving money on the table’, and that much is certainly true.

Take the example of a conventional clothes store. Customers come, browse around, maybe buy something, and then leave. Once they’ve left, the store has no way of getting in touch with them, and maybe convincing them to come back again.

On the other hand, if the store had their contact details, they could notify them when they have a new stock of clothes on the rack, or special discounts, and so on. By doing so, the customer would then feel compelled to perhaps come back, or at very least would consider doing so.

Similarly, in whatever niche that you’re into, if you had a list of previous customers then whenever you have a new product, or some other offer, you’d just be able to shoot out emails and see if anyone is interested. Simple as it sounds, this is amazingly effective.

Think about it in terms of figures, if that helps. Let’s say you have an 8,000 strong list, and you send out an email regarding your latest product that costs $20. Even if only 10% of your list buys your product, that is 800 instant customers and you would have made $16,000.

To sum it up, the reason to build and use a list is to establish a firm base of regular customers to which you can market your products and offers too with great ease.

Forced Subscription Profits provides you with a different way of thinking when it comes to list building.

How To Get Started!

Merely inserting someplace where email addresses can be gathered and collected is already a first step towards building a list. In general, there are two choices that you’ll be faced with when deciding exactly how and where you’re going to be gathering emails:

1.    Creating an Opt-in Page

Amongst those who are honestly going all-out to build up a list, this is the most commonly employed method, simply because of its effectiveness. By creating a separate opt-in page, all the attention on that page can be focused completely on the singular goal of getting a customer to subscribe to the list.

Essentially, the best opt-in pages are those that have no ‘extras’ that may distract from the goal, and so normal advertisements and other links (except at least one leading back to the main website) are removed.

Really, it is sort of like plugging up all the ‘leaks’ so that everything just flows towards gathering up emails.

Also, having a distinct opt-in page would allow traffic to be channeled directly to it, maybe even bypassing the main website entirely. By doing so, the possibility that visitors will be distracted on the way to the opt-in page is removed as well.

Thus, the opt-in page gives the customer a two-way decision: to subscribe or not to subscribe (with everything possible being done to ensure that the former option is picked!).

Remember: With an opt-in page, your form should always be ‘above the fold’ (so that visitors will not need to scroll down to see it).

2.    Adding an Opt-in Form to the Main Website

Definitely less effective under normal circumstances, it is still an option that could be considered. In more some websites, especially blogs, which may not want to have their traffic leaving the main website to go off to a separate opt-in page, having the form as part of an easily located sidebar could even work just as well.

Of course, doing so does not have the added benefits of removing all other distractions from the equation, but it is still better than nothing.

How To Build A MASSIVE List!

Once you have your opt-in page (or box) sorted, and an autoresponder ready to go, there is still more that you can do in order to actually encourage a higher opt-in rate.

To put it simply: If you want more people to join your list, give them a good reason to want to join your list.

Incentives are the name of the game, and they can come in many shapes or sizes. Give your visitors something of value, and something that could even possibly assert your authority in the niche. For instance, a free report regarding some issue that is faced by many of your visitors would no doubt be of value to them, and at the same time, by writing one and helping them out, you’d be establishing your reputation as a trusted source of help and information.

If you don’t just want to hand out reports, there are other ways to go about this too. Free newsletters, free one-month memberships (if you run a membership website), free PLR articles or software… the possibilities are pretty much endless.

As long as it is something that pertains to the niche that you’re marketing to, then you’re on the right track.

Another equally good way to build up lists is to make an affiliate program out of one of your products. If you are willing to give out a large proportion of the profits, and the product is one that is known to sell well, then you’ll easily get tons of affiliate marketers to promote it for you. That way, all these affiliates will be sending you traffic and subscribing to your list as they buy your product.

Interesting Note: Building a list in this way is actually a very attractive option because it creates a list of already ‘proven buyers’, as opposed to people just opting in to get a free report.

Subscribers vs Buyers!

A list of proven buyers is more valuable than just a list of people who want to get something ‘free’.  This is largely due to the fact that for anything ‘free’, there are bound to be people who are willing to sign up who would never actually dream of paying for anything online.

Still, even if you don’t have a list of totally ‘proven buyers’ there are some ways in which you can make a list more responsive, and possibly even convince people to buy. After all, you’re a marketer – that’s what you do

Regular Scheduled Emails

One thing that many people sometimes overlook is that a good list is like a relationship – it takes work to maintain it. If you stop having dealings with your list for a long period of time, they’re likely to forget you, and then when they receive an email from you will be thinking, “Hey, who on earth is this guy and why is he emailing me?”

While you definitely want to avoid letting your list lapse into inactivity, you also want to avoid over-saturating your list with emails. Starting to send emails every couple of hours would be a very bad idea, especially if they’re all mostly just sales pitches.

Important Advice: A good approach is to never send two sales pitches in a row. Space them out to maybe 1 sales pitch for every 4 to 5 emails, and in between, be sure to include freebies or information that is valuable.

If you develop a regular schedule of maybe emailing your list twice a week or so, and space out your sales pitches too, then you’re on the right track. If the emails you send in between as ‘fillers’ contain great info and freebies, then you’ll even find that your subscribers are actually eager and waiting to hear from you at your next scheduled time.

Thus, your relationship with your list can flourish, and they’ll be much more open to any suggestions of purchases that you might make.

Catering to the Needs of Your Subscribers

‘Filler’ emails, freebies and quality information is only part of building a quality and responsive list. Truth is, this is just part of a much larger picture that revolves around the benefits of appealing to subscribers.

To be completely honest, everything that you send out to your list should cater to the needs of your subscribers as much as possible. Unfortunately, this is where a lot of people stumble, and end up not taking full advantage of their list.

Important Note: Although you might think that you know what your subscribers want, and need, there is nothing like actually knowing what your subscribers want, and need.

So the question is: How do you really find out what subscribers want? Well, apart from paying attention to any emails that you may get, it would not hurt to send out a survey. Sure, it may be slightly tacky, but even if just a few people respond, it will still be a valuable insight into the type of people who are on your list.

If you can continuously be providing products that answer the needs and desires of your list, you’ll find that you’ll be making a lot of sales. While the sales are coming in though, you’ll also develop your reputation and relationship with your list even further, so it’s hard to say which is more valuable.

Long term – a little work spend finding out more about your list could go a long way towards helping your profits.

Reputation and Authority

Why is reputation and authority important?

When you’re marketing online, your most valuable asset, prized possession, and biggest selling point can often be your reputation. Think about it, if Mr. X released a ‘Killer Article Submission Software’ and Mr. Y released a ‘Super Article Submission Software’, which would you choose?

As far as reputation goes, Mr. X is a fairly unknown marketer, but there do seem to be several complaints about him overly hyping up poor quality software before. On the other hand, Mr. Y is an upstanding marketer with a long track record of going out of his way to help people, and providing the highest of quality in any software that he attaches his name to.

Who would you buy from?

See, reputation is one of those things that can really make the difference, and everything that you send out to your list is part of that reputation. Admittedly, even the most reputable of marketers have some bad things said about them, but the trick is to have the good outweigh the bad considerably.

Being honest, clear, and helpful to your list is often enough. Also, be sure never to mislead, misguide, or be so engaged looking for a quick buck or two that you forget to think about the bigger picture.

Testing Out What Your List Responds To

More than anything else, testing and comparing the response from your list to various approaches should let you know what you should be doing, and what you should be avoiding.

Basically, just learn from your mistakes, and if something works – keep doing it (just not too much!). Some lists respond very well to reviews of products already in the market. Others simply would rather concentrate on what action can be taken within their niche, and then have a plan outlined.

There is no “one size fits all” as far as lists are concerned, and your testing could reveal what the ‘best fit’ for your niche is.

Maintenance, Pruning, and Sorting a List

As your list grows in size, it is going to need some work to be kept ship shape. Some of this is the kind of things that a good autoresponder could even take care of automatically, but it is worth the mention nonetheless.

One simple thing to keep doing is ensuring that ‘bouncing’ emails are removed from your list. At some time or other you must have encountered the ‘Failure to deliver…’ type response that you get right after you send an email, and can mean one of two things.

Either the email that you’re sending to is full, or it no longer exists. Whichever the case, if after a few emails the problem keeps repeating, then there’s no point keeping that email on your list. After all, why have a list of 10,000 people if 8,000 of the email addresses are outdated?

Yet another fairly simple step to help increase your lists responsiveness is to ‘sort’ subscribers based on their past buying patterns. For instance, if you have 2,000 or so subscribers that buy high-ticket items fairly regularly, then put them in one group and maybe even give them extra ‘perks’ for being the fantastic customers that they are.

But at the same time, every list surely has its fair share of people that have never bought anything advertised on the list. Some marketers just eventually exclude these people from their lists entirely, but instead, putting them in a separate group and targeting them with the cheapest items would maybe allow you to get some profit out of them.

All you need to decide is if the effort is worth it to market to this group.

Really, there are countless other ways in which to sort, or even subgroup your list. For example, if you have a very general ‘make money through internet marketing’ niche list, then you could sort them by subgroups according to their spending habits as far as products related to ‘blogging’, ‘article marketing’, ‘list building’, and so on.

Never Take Your List For Granted!

Properly used, lists can truly be powerful tools of marketing. No matter that a good list can take time, and a little effort, in order to maintain – at the end of the day the profit that it would be able to obtain would make it all worthwhile.

Forging a strong relationship with your list will give you benefits in every area of marketing. Once your list is thriving, there is no reason whatsoever why the profits should not be rolling in as well.

Remember though, never take your list for granted, and be sure to keep investing enough time in it to keep things active, even if they aren’t for a few months.

Forced Subscription Profits provides you with a different way of thinking when it comes to list building. Download your copy here!

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Why Would Someone Buy A Product From A Nobody Like Me?

I recently had an email conversation with one of my subscribers who felt he wouldn’t be able to sell anything online because he was a “nobody.” Although it shocked me at first, it also made me wonder how many other people were leaving bags and bags of money on the table because they didn’t feel worthy enough to produce a product.

So I started to ask randomly what was holding people back from making money online. Surprisingly, one of the reasons people weren’t creating their own products was a lack of self worth.

If you feel no one would buy your products because you’re a “nobody” think again. As soon as you show people you know what you’re talking about, they immediately gravitate to you and want to know what else you know.

Before you give up on a career online, take into consideration the email conversation I had with this subscriber and pay special attention to the answers.

I assure you, you CAN make a living online.

Question:
Why would people want to buy products from a nobody like me?

Answer:
I have never met a “nobody” and I'm willing to bet that you are a somebody ;-) Everybody started somewhere. If you sit on the sidelines, you fade into the background. You need to put your foot out and take that first step. Then a second and a third until you suddenly find that people recognize you online. It takes time, but it happens.

The way to make money online is to have your own opt-in mailing list. That way you have people that know, like and trust you. Why would they buy from you? Because they trust your judgement, they trust you and they trust your recommendations.

Question:
Anything I could create has already been done by the big shots. People can get their information and all the support that comes with them directly from the big shots themselves.

Answer:
This is an interesting perspective. Try writing to 5 of the people that you feel are big shots and see if you get a response. It's a fun experiment. I am willing to bet you’ll have a hard time finding direct contact information for most of the “big shots.” And even if you do, it’s pretty unlikely you’ll get to talk to them without paying for a consultation.

As far as your product is concerned, don’t fool yourself. There are plenty of ways to look at a subject. For example, the big guys may look at internet marketing and create products about list building, shooting video, and using social media, but you may have a totally different perspective. Maybe you’ve landed on a way to generate traffic to your website that the big guys are overlooking.

There are also plenty of people who would be more interested in hearing your perspective than the “big guy’s” because you are closer to their comprehension level. Sometimes when someone has been doing business for several years, it’s hard to create products for people who are just entering the internet business scene, but since you have been doing business for a short period of time, you can write at a level that beginners will find extremely helpful.

Question:
The only way I can make sales is if I sell resale rights products for MUCH less than the authors.

Answer:
One way you can charge a premium price is to pile on the bonuses exactly like the big shots do. It works for them, it'll work for you too.

You can also repackage the content and charge a premium price for the additional product format. For example, you could turn an ebook into an audio ebook, simply by recording it. You could also create video presentations to demonstrate what is being presented in the ebook.

By offering the product in different media, you set yourself apart from the crowd and are able to charge a premium price for essentially the same information.

Question:
My friend told me to avoid marketing "marketing products"

Answer:
Why? The industry is huge! Quality marketing products sell because entrepreneurs buy them. Entrepreneurs invest in products that can help them make money. For example, it’s not unusual for an entrepreneur to spend $97 on a 50 page ebook. He’s not paying for the size of the ebook, but for the information contained in the product.

In the consumer market, you’d be hard pressed to get $97 for a 50 page ebook. Just try selling a 50-page cookbook for $97 and you'll see what I mean.

Bottom line, if you want to do it, go for it. Put your head down, plow forward and don't come up for air until you reach your goals.

Something else to consider. Internet marketing is a vast field. If you specialize in a niche within the field, you'll find it quite a bit easier to make sales. For example, you could become an expert in online marketing for local businesses, or specialize in website design for membership websites. Whatever your strengths are, use them to their full potential.

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Top Internet Business Ideas

The Internet offers many business opportunities. You can become a part of someone else's enterprise or create a business of your own. There are many advantages to starting an Internet business. Here are the top Internet business ideas to help you find that appropriate niche you are looking for.

Every day people search the Internet for all sorts of opportunities. With this economy, the number one search is for ways to make money with low startup costs. Many of the basic equipment needed to begin Internet businesses are in your home right now. If you have a computer with a high-speed Internet connection, a telephone, a desk, and a printer, you can get going right away.

1. Blogging. This is the way to create an online presence without the technical issues of owning your own website (that comes later). Most blogs are offered with free hosting and come with already installed features so set up is easy. Blog about anything that you find interesting and will be interesting to other readers. A blog with a niche will perform better a personal one. Blogs can also make money with programs like Google Adwords and AdSense. Pay per Click advertising also works for generating revenue. Visit BlogWholesaler.com here...

2. Internet research. Anyone who can navigate the Internet and find out almost anything, can market themselves as an Internet researcher. Large and small companies will pay you to find out information for them, create reports from the research.

3. Selling products. If you have a hobby like making and selling crafts you can expand your business online with a website. Set up a website that caters to your product offerings. Market these products online to drive traffic to your website. Go to FireballInternetMarketing.com here...

4. Selling on eBay. With this idea, you set up shop on the Internet. You can sell products you created or items you own that you want to sell. Many now make a living selling on eBay. As your business grows, you can expand to involve other product markets.

5. Freelancing. Many online and offline businesses are looking for help. Freelancers lower the overhead of the company thus becoming more profitable for many jobs than hiring someone to work in the office. Depending on your talent, hire yourself out at a freelance writer, graphic artist, website designer or programmer. Check out FireballTeam.com here...

6. Virtual assistant. Virtual assistants are the going trend for many businesses. In the beginning, virtual assistants performed the administrative duties of a company from their home. Now, VAs can be found in all career specialties like medical, real estate, marketing and publishing. They perform tasks above administrative such as website administrator, report creation and Internet research. Check out OneVirtualStaff.com here...

7. Membership sites. You see more of these around these days. With a membership site, you choose a niche, such as online marketing. Customers pay to join at a certain level (gold, silver, bronze) and are rewarded with certain perks for their membership that include newsletters, videos or articles on marketing and services to help expand their own business. You create the website and supply the materials yourself or through outsourcing each month to your members. Visit MembershipWholesaler.com here...

Do you have an idea of what your Internet business idea might be? This list should get you started.

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