Archive | March, 2022

I’m going to use the online marketing niche as our example to explain this technique, but keep in mind this could work equally well in other niches, too.

Consider this: When people have a specific problem that’s driving them crazy, they’ll do almost anything to fix that problem NOW.

For example, a bride-to-be has an acne outbreak the day before her wedding – what wouldn’t she do to fix her problem?

A woman is in immediate danger of losing her job – what wouldn’t she do to convince her boss not to fire her?

Parents are losing their child to alcohol – what wouldn’t they do to save their child?

Their need is great and immediate. Do you think they might pay to find the solution? Of course. Do you think they would enter their email address into an opt-in form to get the solution? You bet they would!

So how do we use this knowledge in a niche such as online marketing? Simple: If you pay attention to forums and blogs, you’ll notice there’s always some sort of online marketing crisis.

For example, Google just changed how they rank websites, and now thousands of online marketers are losing tons of money. Think they might like the solution?

Paypal is suddenly seizing accounts without warning and freezing the funds. Would the account owners like an answer on how to unfreeze their accounts? Would everyone else like to know how NOT to get their accounts frozen? You bet.

Facebook just changed (fill in the blank) and now marketers are unable to (fill in the blank) or maybe they’re banned, or…

Aweber just did the unthinkable, and marketers everywhere are freaking out.

XYZ hosting site just got hacked, big time. Websites are down and backups are missing – what to do?

The list goes on and on. Keep tabs on the forums and you’ll find a new crisis every month and often every week.

As you’ve probably already guessed, your lead magnet is going to offer the solution to the latest marketing crisis. Just imagine how fast marketers will give you their email address when you have the answer they desperately want NOW.

Right about now you’re asking, “But how am I going to find the solution when they can’t?”

Good old-fashioned research, that’s how.

Go to the help sections of the websites involved in the latest crisis and find out everything you can. If possible, call the website and ask all the questions you need to ask. Hit the chatrooms and forums and glean all the helpful info that is available. If you find an expert who knows what s/he’s talking about, do a quick phone interview.

Timing is everything on this, and you have got to act fast. If the crisis hits on Monday, ideally you want your lead magnet up no later than Tuesday to take full advantage of the tsunami of new leads you’re going to get.

And by the way, when you’ve got the solution everyone is desperately looking for, what does that make you? The trusted expert and authority, that’s who. Do you think people will open and read your future emails? You bet your life they will.

Now here’s the trick to getting your squeeze page in front of as many of these marketers as possible:

Outsource people to search out forums and threads where marketers are talking about this problem. If someone is looking for help, that’s where you want a link to your solution. Have your outsourcers post a link to your squeeze page offering them the answer they seek.

Yes, it’s that easy.

Oftentimes that thread and even your post offering your lead magnet will end up on page one of Google for that particular search.

Not bad, right?

And here’s the best part – your opt-in rate will be sky high. It will almost certainly top any squeeze page you currently have.

One more thing – if you want to take this just one step further, it can blow wide open.

Get podcasters to interview you, and do guest posts on as many blogs as possible.

Think about it – this problem is all over the online marketing community. What podcaster or blog owner doesn’t want to have someone with the solution to offer their listeners and readers?

Just one post on a major blog or podcast can result in a thousand subscribers in 48 hours.

Remember to position your solution not just as the answer to the problem, but also as the way to AVOID the problem for all those who aren’t already experiencing it. This way you’ll be able to grab not only the marketers looking for a solution, but also everyone else who wants to avoid this headache.

Wealth loves speed. Now go find the latest crisis, research the solution and start building that list.

Here’s 6.5 Ways to Fix It

Someone joins your list and what do they see?

“You are subscribed. You can unsubscribe at any time by clicking this link. Thank you.”

Wow! That really built some rapport, now didn’t it! I tell you, I am so fired up about being on another list that I could just… well… actually I’m not, and I think I will unsubscribe. Thank you.

If the above example is anything like your thank you page, then you’re blowing it.

Your thank you page is an excellent place to build rapport and get your new subscriber to become even more invested in your budding relationship.

With that in mind, here are 6.5 ideas of what you can do with your thank you page that won’t have new subscribers turning away in boredom, annoyance or revulsion:

1. Learn more about your new subscriber

They just gave you their email address and maybe their name – now ask something that will help you with your marketing and show that you are interested in them.

Examples are:

What do they most want to learn about ___?
What is their number one goal?
What is the biggest challenge they face right now?

2. Get more shares and more subscribers

Ask them to invite their friends through social media to get your incentive or lead magnet.

In return, you’ll reward them with something even better than the initial offer that made them sign up in the first place.

3. Build authority and credibility

Demonstrate that they made a wise decision in joining your list by showing the previous reviews and testimonials from your biggest fans.

4. Sell the lead magnet – again

Done correctly, your lead magnet is an excellent representation of your expertise. But it won’t do your new subscribers any good if they don’t consume it. So remind them of what they’re about to discover by using short, snappy bullets like this:

“Congrats on getting your copy of “Hidden Traffic Strategies.”

You can download it from the link below.

When you do, you’ll discover:

The toilet paper method to getting traffic on demand – page 6
The annoying email that doubles referrals – page 12
The surprising way to triple your traffic every week, like clockwork – page 15

5. Send them to your blog

Or send them to your most popular video. Or…

The key here is to get them invested in you, so they can begin using what you teach to get real results in their life. When they do, they’ll be back for more.

6. Promote something

Make them an offer they can’t refuse. This is an especially great time to offer that year old $197 course of yours for, “Just $11, One Time Only, Grab it Now.”

Build the value as though you are selling it for $197, and they will buy it.

When they do, you have something much more important than $11 – you have gotten them to become your customer, your buyer, and potentially a raving fan who promotes you on social media and buys everything you offer.

Or at least purchases a product now and then.

6.5. Add the secret sauce

Regardless of which of the above six possibilities you use on your thank you page, I would encourage you to also show your personality.

If it fits you and your business, inject some humor. Use a funny photo or cartoon to express just how appreciative you are that they subscribed.

Use your own photo to build rapport. Make it look amazing and memorable with the help of a graphic artist.

Remember, your thank you page is prime real estate for building rapport, so don’t blow it.

Huh??

Ever notice how the various professions create new terms to try to make us feel stupid?

I hope you don’t do that to your readers. And if you catch me doing it, slap me. Please.

Now then… a “successive approximation” is a rather silly term for a psychological trigger that you, as a marketer, really should know…

Because it can put money in your pocket.

Here’s what it is in a nutshell:

Once someone has performed an action – no matter how small – they’re more likely to continue performing additional actions that are in line with the first action.

In fact, they might even feel obligated to go along with larger requests.

So when someone has just given you their email address on your squeeze page, they are more likely to buy your $7 ebook than someone who hasn’t given their email address.

And when that person buys your $7 ebook, they are more likely to buy your $47 product, as so forth.

That first act of giving their email address creates a bond between them and you, and they feel obligated to continue taking action.

As marketers, we call this the ‘foot in the door approach.’

And it’s why we don’t start out selling $1,997 courses to strangers.

The takeaway: Keep this rule in mind for all of your marketing, not just sales funnels.

Getting people to take a small action such as sharing your post, liking your picture, replying to your tweet, filling out your survey and so forth is your foot in the door.

Now your job is to keep asking and let your prospects and customers keep saying yes.

Here’s a clever idea for making money with your list:

You have a list of buyers and a list of prospects, right?

Rent out your list of prospects to product owners, advertising their “Product of the Day.”

This is different, because nearly all solo ad sellers won’t let ad buyers send traffic directly to a sales page – they have to send it to a squeeze page.

But some product sellers want to focus only on getting sales, which is where your “Product of the Day” series comes in.

Each day, you rent your list of prospects to product owners. You’re not sacrificing your own buyers, and you’re giving marketers a chance to make sales directly from your list, using your good name for added credibility.

It’s a nice way to monetize all those freebie seekers who for one reason or another aren’t attracted to your products.

Remember, just because they haven’t bought your product yet doesn’t mean they won’t be enticed by someone else’s product.

On a day that you don’t sell an ad to your list, you could promote affiliate products… The sky is the limit!

Instead of using the phrase, “mailing list,” use “alert” instead.

Do people want to join your mailing list?

Not really.

But do they want to be alerted to the latest news, products and so forth?

You bet!

So instead of asking people to subscribe to your list… (yawn)

…ask them if they want to be alerted to breaking news and products (wow!)

Then send them a daily email with the latest news and yes, the latest PRODUCTS.

Your subscribe rate will be higher…

…your open rate will be higher…

…and your unsubscribe rate will be lower, too.

Alert your audience to whats HOT, and what’s working now, and your opt-in rate and subscriber loyalty will increase significantly.

When you learn martial arts or most any form of fighting, one of the techniques they teach you is to punch through your opponent.

For example, instead of aiming to punch your opponent’s face, you aim to punch a point just behind their head.

This gives your punch much more force, because your target is well beyond their face. You need more effort to make it happen.

And in exerting more effort, you make your punch stronger.

Plus, if your target is their nose, you will subconsciously pull your punch, meaning your fist will actually slow down as it approaches its mark.

Now then, let’s say your income goal is $1,000 a week. Instead of aiming for $1,000, aim for $1,500.

You will have to work harder to reach this goal and push further, with higher expectations. All of which will lead to a better result.

And even if you ‘pull your punch’ before you hit $1500, you will still exceed the $1,000 goal. I know this sounds strange, but try it.

I think you’ll be pleasantly surprised at your results.

Picture this…

You’re watching a television show and it ends with a dark scene of a hand firing a gun at the hero. You don’t know if the hero lives or dies.

You don’t know who shot the hero or why.

And you’re in suspense.

So what do you do?

You watch the next episode, of course.

Humans have a desire to KNOW stuff.

When they don’t know, it bugs them. It’s like an itch that needs to be scratched, and they’ll do whatever it takes to scratch that itch.

You can do the same thing with your emails – make it so your readers MUST read not only the email you just sent them, but also your next one and the one after that.

Andres Chaperone does a great job of teaching this email marketing technique.

In fact, here are three different open loop methods he recommends:

The Fake Out Open

You start out telling your readers that you’re going to tell them something. But then you tell them something else, instead. For example:

“Dear Reader,

I’m going to show you exactly how I managed to lose 83 pounds while watching television, eating whatever I wanted and never exercising – other than to go to the fridge.

The secret to my weight loss involved three magic words, and I’ll tell you what those words are and why they work to make you effortlessly lose weight tomorrow.

But right now, I want to tell you about my 21 year old college roommate who died from a heart attack because of a single Oreo cookie.”

You’re telling them what you’re going to tell them, but you’re not telling them right now.

That’s because you have something else to tell them now.

This is an open loop – the magic 3 words that caused the 83 pound weight loss – combined with value stacking. They get a secret tomorrow, and they get a story about the dead roommate and the Oreo cookie today.

This makes the recipient feel like there’s a ton of great stuff coming from you.

This creates surprise, curiosity, desire and anticipation.

And they love you and your emails for it.

Delayed Gratification

For this one, you’re going to throw in an open loop somewhere inside your content. It could be almost anywhere – near the beginning, in the middle, near the end… where you place it will depend on what it is and how it relates to the rest of your email.

For example, let’s say you’re writing an email about weight loss, and you’re telling the story of how one of your weight loss students lost 143 pounds thanks to your coaching. In the middle of your email, you might write…

“And when I told her how to perform the belly blaster technique in the shower every morning, and that she would effortlessly lose another pound of ugly fat every week… well, she just about lost it.

***If you’re not familiar with my belly blaster shower technique for losing fat, tomorrow I’ll tell you exactly how to do it. You’ll be shocked at the results.

So she tried the technique anyway, even though she thought I was crazy, and a week later she called with the results.
‘I lost 2 inches off my stomach, and I didn’t do anything else differently!’”

Notice how we mention something that’s bound to provoke curiosity, and then we tell the reader they will find out all about it… tomorrow.

3. Cliff Hanger P.S.

This is perhaps one of the most commonly used techniques for creating an open loop. It’s easy to do and keeps you on the minds of your readers long after they close your email.

You simply tack on a P.S. with a teaser for whatever you’re going to share with them tomorrow, like this:

“PS: Did you ever hear about the guy who decided to tie balloons to a lawn chair, to see if he could fly?

He did, with unexpected and totally scary results. In fact, he even scared the heck out of an airline pilot at 30,000 feet!

And what happened next, you’re not going to believe. In fact, I’ll tell you all about it tomorrow, I promise.

See you then!”

It’s easy to create open loops in your emails.

And don’t stop there. You can place open loops everywhere. For example, at the end of a blogpost, in your videos and so forth.

It’s a great way to get people to read several posts instead of just one, or to watch several videos.

You just keep ‘open looping’ them, and they keep clicking to satisfy their curiosity.

It works almost like magic.

Let’s talk about real life real estate for just a moment…

How do you make money in real estate?

You buy a property, rent it out, and use the rent money to pay off the property.

Or, you use the rent money from your first property to buy your next property. You rent out the second property and buy your third, and so forth.

So yes, you’re coming out of pocket on that first property, or you’re taking out a loan. But in the long run, you wind up with several rental properties that eventually pay themselves off, and you’re a millionaire.

But the problem with buying properties are numerous: Real estate loans are a hassle to get. Renters are problematic. You’ve got to pay property taxes and all upkeep. You get calls in the middle of the night saying a pipe broke, or whatever. There’s always more added expense and headaches than you expect.

But what if we do something similar on the internet, so that we get all the benefits without all the hassle? It would look something like this:

(And by the way, many millionaires made their money using this exact method.)

Let’s say you go to Flippa and you find a website that’s making $800 a month. The owner is willing to sell that website for a minimum of $3,000. You bid on the site, others bid on the site, and you manage to buy it for $4,000.

Now you might wonder why someone would sell a $800 a month website for just $4,000. Frankly, their reasons don’t matter. What does matter is you did your due diligence and confirmed that they are in fact making $800 a month with the site, and you are getting everything needed to continue earning that $800 a month. That may include a list, or a product, etc. As long as you can continue to make that kind of money, you’re golden.

Let’s say you make no improvements to the site other than upkeep and maintenance, and you continue to earn $800 a month. In a year’s time you will have more than doubled your money. The following year everything is profit, and so forth.

But you don’t stop there, because you take your profits from the first website and buy a second website. You take the profits from the second website and buy a third website, and so forth.

You’ll notice that you can pay for a website a whole lot faster than you can pay for a piece of real estate.

In addition, it’s much easier to make improvements to your websites than to your properties.

For example, if you want to upgrade the kitchen on a rental home, you’ve got to get bids, hire a contractor, let the house sit idle without a renter for two months, and pay a hefty fee for the privilege of not collecting rent while the kitchen is being redone.

But with your website, you can hire an outsourcer for a few hundred dollars to make whatever changes you need.

Which brings us to the next point… oftentimes there are small things you can do to a website to create big changes in revenue. And as an experienced marketer, you’re in prime position to see those things and act on them.

For example, have they been using the site to build a mailing list? If not, this one step alone can often double and triple revenue within just a month or two.

If they are building a mailing list, are they mailing to it on a frequent basis and selling products through their emails? You’d be surprised how often they’re not.

Is the website getting good SEO? If not, hire an SEO person to help you out, because it can be money well spent.

There’s almost always going to be something you can do to increase the revenue you get from the site.

Imagine if, in a year’s time, you buy 6 websites that each earn $500 a month when you buy them. Imagine you tweak them just a little and get them up to $1,000 a month. That means you could have a $6,000 a month income without much work.

I know a fellow who bought a site for $5,000 that was earning $600 a month. He saw a lot of potential in the site, as well as things that could easily be improved.

He made a few tweaks (took him a week) and now the website earns $3,000 a month.

I don’t know where else you can invest $5,000 for an asset, spend about $900 upgrading that asset, and earn $36,000 a year. In my opinion it beats the stock market and real estate combined.

And if you ever decide you’re tired of a particular site or you just need some fast cash, you can always sell the site on Flippa again.

Now you might be wondering what sorts of changes you might make to a website to increase the revenue.

Broadly speaking, your changes will fall into one of these categories:

1: Increase the amount of traffic that’s coming to the website. If your website is already earning good money from advertising or product sales, you might just need to send more of the same traffic it’s already getting.

2: Increase the quality of traffic that’s coming to the website. If the original site owner wasn’t targeting just the right people, then changing your ads or methods of driving traffic may greatly increase sales without increasing traffic.

3: Get more of your visitors to become customers. Tweak the site to convert more prospects into customers. Also work on turning those prospects into list members so you can continue to sell to them, even if they don’t return to your website.

4: Sell more to your customers, meaning either sell them higher priced products, or sell to them more often, or both. For example, add an upsell to the sales funnel, as well as an autoresponder sequence that sells them on more products.

It will take some nerve to make that first website purchase. Learn how to appraise sites and verify traffic and sales before you do, and you’ll be alright. Remember, you can always sell the site later if you want to.

I think once you try this, you might just get hooked. It’s a lot of fun to have an entire stable of websites, all making you money like clockwork. And should one of them ever stop producing, it won’t matter. You’ll have already made your money back, and you’ll still have all of your other revenue streams from your other websites.

As you can see, the internet can be a great place to develop your ‘real estate’ fortune.

What about HUGE Niches and MASSIVE Profits?

There is a ton of marketing advice online about niching things down until you get to a small, fanatical group of people who will buy anything and everything in that niche.

And this is great advice – I offer it myself and follow it all the time.

But… you know how I like to be contrary. Sort of like, if everyone is selling stock, I’m buying. If they’re buying, I’m selling.

And if they’re niching things down to the ridiculous, I try going after HUGE niches that have a TON of people in them.

For example… How many people like to eat good food? Or see movies? Or drive cars? LOTS of people.

So I got to thinking… What if you made an offer that appealed to a ton of people?

For example, how to take vacations for free.

This isn’t anything sketchy – it really is possible to take free vacations. In fact, there are several different methods of doing it.

So I advertise this free offer: “How to take vacations for free.”

And then I bill myself to my new subscribers (using a pen name) as the guy that will hook them up with really great free stuff, like the free vacations info.

In fact, if they liked that one, they will LOVE what I have coming up, so watch your email…

…you get the idea.

Then I send them free offers.

For example, a free report or video on how to get all the dates they want.

They opt-in to a new list to get that report or video, and now I have a targeted list of people who want dating info.

Or I offer a freebie on how to save tons of money on groceries, or how to make more money, or how to lose weight, or whatever.

Generally every offer I make is going to be directly tied into an affiliate product such as a ClickBank product.

They get the free report or video, and at the end of it I make a soft sell for the ClickBank product.

I also offer a free bonus if they buy the product. All they have to do is email me their ClickBank receipt, and I send the bonus. This way I can also separate my buyers from my prospects.

As I get these segmented lists, I continue to send them free offers that lead to paid offers.

And I make bank, all because I start out attracting as many people as possible and then segmented them down by interest.

Now then, you might be wondering how this is better than simply targeting a small niche in the first place.

Frankly, I don’t know if it’s better, but it is different and it does work. And it allows me to build several lists simultaneously from the same main traffic source.

One person can be on several of my segmented lists, after all. For example, they’re interested in vacations, dating and dieting – three different lists, three opportunities to sell them products.

Using this method, it’s very easy to build a large list quickly. And if I want to immediately profit, I offer a one-time offer after they get the initial freebie.

The real payoff is when I start segmenting into smaller, more targeted lists. And of course it’s nice to have (for example) 10 lists in 10 different niches, because now I have 10 different profit centers, all coming from the same initial source.

The key is to bill yourself as the go-to person for great free stuff, and then be that person. When you offer a free video or report or whatever, it’s got to be chock full of dynamite info they can use immediately.

Tell them what to do, for example, but not how to do it. The “how to” is in the paid product.

Or tell them the difficult method to accomplish something, and then offer the easy method as a paid product.

And you don’t have to create any products yourself – just use the ones on ClickBank. But you might be creating short free reports or videos, which of course you can always outsource.

One last shortcut: A lot of affiliate offers will start out with a free report or video. Make a deal with the product owner to get that report or video in the hands of your readers yourself. That way you’re using their freebie to segment your list, and the affiliate product owner is still making sales.

There might be a life lesson in this – when others are all doing the same thing, think about how you might do the opposite. Sometimes it can really pay off in a big way.

A friend of mine who wishes to remain anonymous has agreed to tell you one of his money-making methods. And while he might be leaving some minor details out, I think there is more than enough here to set you on a very similar path if you choose.

This is what he told me…

“Here’s an example of how I made over $17,600 in five days by investing $297 and a few hours of my time.

Okay, I didn’t really invest my time – I actually paid a freelancer to do the work for me. But this is something you can easily do yourself if you’re willing to put in a little time.

I found some dynamite high-quality PLR on free traffic generation. It was good stuff, and even contained some things I didn’t know.

It included a massive manual, several written bonuses and a sales page.

And at this price point, I knew that there wouldn’t be a ton of competition, either.

Frankly, I would have gladly paid a freelancer $1,000 to write this exact same material for me, but in this case it was a simple matter of plunking down the $297 and having it in hand.

I discarded the sales page because I didn’t want anyone to know this wasn’t my own original stuff.

Then I had my freelancer go through the written material and put more personality into it, so it sounds like it’s coming from me. He already knows my style so this was easy for him and just took a few hours.

Next, he broke it up into 24 PDFs. Each PDF detailed one or two free traffic methods.

Basically, we were building a course on how to generate free, targeted traffic. And who doesn’t need that?

Finally, I wrote a new sales letter for it in my own style.

And I offered two options – they could either make 3 payments of $47 a month, and receive 2 pdfs each week, or…

…they could pay $137 up front and get everything at once, plus email support for six weeks.

Really, I thought the $137 was a no-brainer, since it was cheaper and included email support and they didn’t have to wait to get the entire course.

Then I sent the offer out to my list, and in 5 days I made over $17,600.

As to the email support, I hired someone to handle that for me. And I paid them after the money started rolling in so I wasn’t out of pocket on that, either.

Nice, right?

But I wasn’t done yet.

I then made a new offer for $47 a month for 3 months, or $97 one time and everything up front, but NO email support this time.

And I let affiliates take a crack at selling it.

I made over $10,000 from that as well, after affiliate commissions were paid.

Okay, frankly I made a good bit more than $10,000, but I’m not going to say just how much because sometimes it feels like bragging, you know what I mean?

And here’s the kicker – I’ve done very similar things several times over the past 18 months.

The numbers are always different, but what never changes is I make a good bit of money with very little work.

I mean VERY LITTLE WORK.

I outsource just about anything that needs to be done except the sales copy because I like doing that myself.

And when I let affiliates sell it, I get a whole new list of buyers, too.”

As you can see, he does quite well with this method. And most impressive of all is how little time he invests into each product.

Some things to consider:

If you don’t have a list, then you’ll need to advertise to make sales or build your list. Even if you want affiliates to promote, you’ll need to get some initial sales yourself to prove that it does indeed sell.

You’ll have to hunt around for great quality PLR. It’s not easy to find, and when you do find it, it generally costs a good deal more than the usual ten bucks or so. But as you can see, if you use it then it’s an excellent investment.

The first time you do this, I suggest you make any changes yourself unless you can afford to hire a professional to do it.

One thing he didn’t mention was the product name – you’ll want to change it to make it sound unique to you.

And I suggest adding your own introduction to the material as well, again to make it your own.

One last thing – there’s no reason why you can’t place some strategic affiliates links in the material. For example, if your course encourages the use of an autoresponder, then give an affiliate link to the service you recommend, and so forth.

And one crazy idea for the road… what if you did all of this, but then you gave away 75% or more of your commissions to affiliates?

If you’re fairly new to marketing, then paying high commissions is an excellent way to attract new affiliates.

You’ll get more of them on board, you’ll sell more products, you’ll build your list of buyers faster, and these same affiliates will be far more interested in promoting your future courses if they already had success promoting your first one.

Just a thought…