This is WHY: Exposure and Profits – Toronto – May 2014

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Exposure and Profit Panel Discussion

Well, that was a great weekend. It was so great, I didn’t want it to end and that’s probably the reason I stayed up until 3:30 in the morning yesterday when I had to be at the airport by 6. It was a tough morning, but I got plenty of sleep on the plane and then when I got back home. Now, I’m all refreshed and ready to get back at doing amazing things in my business.

While I don’t attend as many conferences as I used to (I prefer to focus on DOING over hopping from event to event), I still know how important it is to make these important connections, brush up on my knowledge and gather new ideas. So when I used my time, energy and funds to get to Kelly’s Exposure and Profit event…I knew I wouldn’t be disappointed. Kelly was paying attention to all the little details to ensure that this was an amazing event all around.

I could probably go on and on about everything, but I’m going to keep this at just three key takeaways I got from the weekend.

#1: Accommodate Your Audience to Be Awesome!

I mentioned that Kelly paid lots of attention to little details and that’s no exaggeration. She did have a great event planner, Margaret Binns, but it was those details beyond seating, timing, equipment and food (ohh…the food was amazing) that I’m talking about.

Kelly promised this to be an “introvert-friendly” event and she wasn’t kidding. She encouraged all participants to speak up and share their great message, but she did in the safest environment as possible. For example, she asked participants to share a 90 second introduction about themselves. They were asked to come up to the microphone to do it, but if they weren’t comfortable with that, she would read the introduction for them. But what was so wonderful that even if they didn’t want to read their own, they willingly came up on the stage beside Kelly while she read their introduction.

Slowly, but surely, people were becoming braver because of the safe environment that Kelly created.

The whole event ran like this. There were opportunities to stretch our wings, but if we needed to step back we could…but because it was so safe, most people chose to stretch. Heck, this even includes me. This was my first real conference speaking engagement, but I was pretty darned nervous about it. Kelly asked what I needed to make it easier and they even rearranged the whole stage area, so I could feel as comfortable as possible. First, I wanted a stool. Then, I said I wasn’t sure. Then I asked them to move the podium and they did everything I needed to calm my worried self.

Kelly asked us to leave a note about how we felt about the event and this is what I told her:

Alice Seba LOVES Exposure and Profit

This makes me think about how we can do the same with our audiences. There’s always something that will hold people back from achieving what they want to achieve and how can we, as their guides, make it safe for them to do so?

#2: Stories Are Amazing Marketing Tools

I think many of this know this on some level, but we don’t always take the time to connect the personal with our business. We may share personal stories and anecdotes, but we don’t always take the time to connect those to key learning points for our audiences.

Some of the most powerful stories from the weekend came from Darrel Eves. He shared a lot of stories, but the most powerful of which was one about the fundraiser he created for his brother who needed a kidney replacement where they raised over $250,000. I am pretty sure there were few dry eyes when he was done, but not only because it was a great story, but because it showed the power of YouTube and how we can make an incredible difference in the world with our own marketing skills. He connected his story with the greater message of his business and that’s how to use the power of storytelling.

Make your stories make a difference.

Derral Eves, Speaking at Exposure and Profit

I also told a story about my son that had some meaning for the audience members, but I’m going to save that for in a couple of days. I’ll make a post about it soon.

And before we move onto the next takeaway, we just (totally coincidentally…Mel planned it a while back) released a PLR package about Marketing with Stories. If you think your readers could benefit from it, go check it out.

Now moving along, let’s ask…

#3: What Would Awesome You Do?

Nicole Dean - Be Your Awesome!In another message that was shared through a great story, Nicole Dean encouraged us to be the most awesome version of ourselves possible. She told the true story of a man who had lost a lot of weight, saved his marriage and grew his business exponentially in the short amount of time because he would simply ask himself:

“What would the awesome me do?”

…each time he had to make a decision to do something in the day. Little by little, if you do the things awesome you would do, your life becomes awesome all at the same time.

So, keep this in mind, as you work and do all the other things in your life.

What Would Awesome You Do?

 And speaking of being awesome and connecting with others, our Competitors into Profits students know this. Don’t hide out anymore and try to do this online business thing all by yourself. It’s just so much darned work and it stifles your awesome.

Thank you so much to Kelly and her staff for putting together such a wonderful event. Thank you to the speakers and all the attendees for sharing such great information and for being an inspiration to do even better in the future.

 

BlogCPR.com

How Do I Get More Subscribers on My List?

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If you know the power of the mailing list (and I hope you do), you’re probably always trying to get more people on yours. Of course, you want targeted subscribers, not just numbers.

Here are a 8 must-do ways to grow your targeted subscriber list:

1. Have a Great Offer: It’s not enough to say, “We have a newsletter…join!” You have to give them a compelling reason to subscribe. You can give them a free gift like a report, software or tool. Or if you’re mailing list has some other attractive perk, include that in your offer.

2. Change Your Offer Accordingly: Sometimes the same freebie or perk doesn’t work in all instances. Change it up to fit the appropriate situation. Just like with any advertising you do, always make your offer as targeted to the audience as possible.

3. Have Multiple Lists: Not only should the freebie or perk should be targeted, so should the email you send to the list. Target your list to the specific audience. This doesn’t mean you need 30 lists, but where it makes sense, do it. For example, if you’re in the women’s health market, you may have lists for healthy eating, exercise, etc.

4. Opt-In Form on Every Page: It’s email marketing 101, but a good reminder to have your opt-in offer on the top fold of each content page. If it’s a sales page, you may not want the distraction, but for your blog, articles and other content, get that opt-in form on there.

5. Dedicated Opt-in / Squeeze Page: In addition to having an opt-in form, create a full page dedicated to nothing but “selling” your freebie/perk and opting into your newsletter. This is going to be a key piece of real estate for building your list. See the resource link at the bottom of this post for help in creating your page.

6. Link to Your Opt-In / Squeeze Page: Once you have your page set up, make sure you link to it readily. Use it in your advertising, resource boxes, signatures and more. If you expect to send a lot of traffic from one linking source, create a special landing page that welcomes those visitors and target the offer as much as possible.

7. Refer-a-Friend and Share: Ask your subscribers to pass on your emails and to share them on social media. If they like your content, encourage them to make sure others know about it too.

8. MAKE FRIENDS!: This one is HUGE. One of the fastest ways to grow your list is to make friends of would-be competitors. It’s not a dog-eat-dog world out there amongst content publishers…most of them readily share, so get to know them and these relationships will be some of your biggest assets.

A Couple of Optional List Building Tools:

These are a matter of personal preference and the second depends on the type of resources/time you have. However, they can be extremely effective in building your list more quickly.

1. Pop-Up / Footer Ad: Test different pop-ups or footer ads. They are an effective way of bringing your offer in front of your visitors and you can often adjust settings so they aren’t as intrusive. I haven’t used pop-ups much in recent years because the technology didn’t provide for as much control as it does now. I am currently testing a footer ad here and working on tweaking it, so bear with me.

2. Pay-Per-Lead Affiliate Program: Instead of just paying your affiliates for each sale, you can also pay them for each new subscriber they bring you. We’ve done this in the past with good results. It was a fairly closed program (so we avoided much of the riff raff), but you will still need to monitor for any fraudulent activity and make sure you use a confirmed opt-in process.

Further Reading:

Here’s a post at Contentrix called Build Your List: Autoresponder Promotion 101. It includes help for creating your freebie offer, putting together your opt-in page and driving traffic.

What to Do Next to be an Email Marketing Success

A big part of email marketing success, comes from making it a regular habit. The more you work on growing and nurturing your list, the better your results. To ensure you develop those great habits, be sure to join me for the 30-Day Email Marketing Challenge. I’ll whip you into shape in no time.

Give Your Readers What They Want - WITHOUT All The Hard Work - Pre-made fully-illustrated step-by-step tutorials make it easy to sell your products, build your list and grow your business. Click here to learn more.

Why Email Marketing is the Bee’s Knees

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It’s no secret that I love email. This video below shows 11 reasons why. If you’d like to harness the power of email, make sure to join us for 30 Days to a Bigger Email List, Better Relationships and More Results. We’ll whip you into shape.

Nothing quite compares to email, but you’ve got to work to get started. But that work pays off and once you have the foundations in place, it just grows and grows. Join us to get the push you need to get the ball rolling.

What to Do Next to be an Email Marketing Success

A big part of email marketing success, comes from making it a regular habit. The more you work on growing and nurturing your list, the better your results. To ensure you develop those great habits, be sure to join me for the 30-Day Email Marketing Challenge. I’ll whip you into shape in no time.

Give Your Readers What They Want - WITHOUT All The Hard Work - Pre-made fully-illustrated step-by-step tutorials make it easy to sell your products, build your list and grow your business. Click here to learn more.

5 Steps to Easy (and Effective) Newsletter Publishing

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One of the most important things you’ll ever learn in business is that the money is in the list.

Make no bones about it, your list is quite likely the number one asset for your online business. If you’re a regular reader at Contentrix, that really shouldn’t surprise you, of course. :-)

The problem is, a lot of people mistakenly put their newsletter or mailing list on the backburner because it seems like too much work.

That’s a darned shame because unleashing the power of your list doesn’t have to be much work at all… [Read more...]

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Conversion: Less Volume, More Results

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Here’s something I told our newsletter subscribers a few weeks ago:

* Numbers don’t matter as much as results. Focus on conversion strategies over building volume. Because if you’re not set up to convert, the volume won’t help you one bit.

To clarify — by numbers, I mean traffic numbers. Of course, the numbers involved in calculating your conversions…those are still important. Again, I’m referring to sheer VOLUME and the dangers of focusing solely on that.

Think About How Hard You Work to Get Traffic

Being Popular Isn't Always What It's Cracked Up to BeGetting traffic isn’t always easy. You optimize your web pages and build links. You write wicked blog posts, hoping for a little word of mouth and link love. You make all the “friends” you can on the social web, so they will be interested in clicking through to your information and hopefully buy your products.

Here’s the problem – if you aren’t targeting your IDEAL customer in all that work, you’re just setting yourself up for a really high q2maintenance business. If you have decided that your business needs volume (rather than conversion) to succeed, you’ve probably done a few of the following things:

  • Tried to get as many “friends” and people who like you and your website as possible. Just like in real life, more friends and fans means more emails, more phone calls, more obligations. In short, it can be EXHAUSTING.
  • Were more concerned with volume than your idea target customer, hoping something would stick. Sorry, but the more generic and wide-appealing your message, the less likely you’ll convert and in the process you may alienate your actual target market.
  • Didn’t implement a strong conversion strategy because you thought it might affect your volume. We all want to be liked, but we’re also here to run a business…so run your business. If you lose people along the way, the reason is simple. They weren’t your customers to begin with.

So, here’s the big question. How are your conversions? Do you know?

Calculating Your Conversions

The calculation for conversion is simple and if you already get this part, bear with me while I explain for others. Plus, there might be a few tips in this section you hadn’t thought of before.

The basic calculation is this:

# of action (sales/opt-ins/etc.) / # of visitors = conversion rate (expressed as a percentage)

For example, if I have 3 sales during ad campaign that achieves 274 visitors, my conversion rate is:  1.1%

Or if I have 120 visitors and 30 opt-in to my newsletter, my conversion rate is:  25%

And hey, if you don’t want to get out a calculator, there is a handy conversion rate calculator where you can plop in your numbers. But honestly, it’s a simple matter of dividing your actions/sales/opt-ins by the number of visitors. Simple as that.

So What’s a Good Conversion Rate?

Measure Your ProfitIt varies. It depends if you’re selling a product or looking for a leads – obviously, a lead is easier to get than a sale. It also depends on your source of traffic.

Traffic from your opt-in or customer list should convert better than a general advertising campaign.

Traffic from affiliates who effectively warm up their referrals will often be higher than a pay-per-click  campaign.

Of course, people want some kind of barometer to ensure they’re somewhere in the ballpark of where they should be.

For a sales page with targeted traffic, a conversion rate of 2-4% would be a good thing to shoot for, but for many products it is possible to go higher.

For an opt-in page with similar traffic 30% or more is certainly attainable and if you’re sending pre-sold traffic to the opt-in page, you can go much higher than that.

You also want to look at conversions on a page-per-page basis. If you have a multi-page website and you’re looking at the visitor numbers as a whole, but you’re trying to figure out how well your sales page converts, you should look at the visitor stats for the actual sales page page. While knowing how your website performs as a whole can be a useful statistic, there are many administrative pages and pages people visit for other reasons (ex. membership log in areas, download pages, forums, etc.).

And as a final note (we aren’t going to go deep into numbers here – I hear you…math isn’t my favorite subject either!), your profit per sale also effects what type of conversion you might be shooting for. If you have a high profit product, a lower conversion rate might very well be acceptable because it yields a better return for you. So the second calculation you need to do is “value per visitor”.

Calculating Your Value Per Visitor

Sales Total / # Visitors = Value Per Visitor

For example, if I have 789 visitors and my sales are $523, that means the visitor value is $0.66 . Of course, you need to take into account your actual PROFIT, so if you know your profit per sale and use that, you will get a much more telling number. Of course, the higher profit your product is and the more targeted your traffic and page, the easier it will be to increase that number.

Improving Your Conversions

Now I didn’t mean to get into a math lesson, but it’s important to get those basics out of the way. The fact of the matter is, marketing to the masses is tiring and it’s way more work and if you look at your numbers, you might be surprised that you’re working much harder at getting volume than you need to.

With that in mind, here are some action steps for you:

  • Know who your audience is and keep your focus on that. A great resource for finding your ideal target customer is our 15 Things Guide.
  • Different pages, have different purposes, so you have to balance conversion with your end goals. For example, you’ll approach a blog differently than you would a sales page or opt-in page, but many of the basics are the same. You need to conscious of conversion, no matter the marketing vehicle.
  • Don’t be afraid to sell and learn to sell naturally. If you have a product that is the perfect complement to something you’re talking about in a blog post, tell them about it. Sell products regularly to your mailing list. It seems silly to say, but many people don’t seem to realize – If you want to sell something, you have to sell it!
  • Keep your reader focused. There’s no need to give them a thousand different options and hope they’ll click something or do something. Keep your site clean and focus on one main conversion goal per page (ex. sell a product, get an opt-in, etc.).

Now there’s nothing wrong with growing your volume, once you have those 4 things above in place. After all, if you’ve got the conversion thing down, more highly-target prospects will only benefit your business.

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