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Discover the
secrets of an Internet millionaire in this exclusive interview
with online marketing guru Corey Rudl. Corey is the author of
the #1 best-selling course, "The
Insider Secrets to Marketing Your Business on the Internet"
and is probably one of the most recognized names in Internet
marketing today.
In the
following interview, Corey reveals how he grew his business from
a one-man show in his parents' basement to four online
businesses that attract over 1.8 million visitors per month and
generated over $7.6 MILLION in online sales last year. Corey
reveals exactly how he did it, and details precisely what
entrepreneurs need to be doing TODAY to be successful online.
Hi
Corey, and thanks so much for agreeing to do this interview.
Maybe the best way for us to begin is for you to tell us a bit
about yourself and your company, The Internet Marketing Center.
Sure. Well, first off, I am the President and
CEO of The Internet Marketing Center, which you can find online
at
www.marketingtips.com. We specialize in showing people how
they can drive tons of targeted traffic to their web sites and
how to turn that traffic into sales and profits. We provide all
the information you need to learn how to market your business
online, in the form of home-study courses, books, video and
audio tapes, and more.
What really sets us apart from all the other
marketing courses, though, is that we give you the concepts AND
the software tools you need to promote and automate your
business on the Internet. And we do all of this based on our own
real-world tests and experience, not just theory. In other
words, we do it and prove it BEFORE we teach it. This is how we
are able to guarantee your results.
Actually, that brings up a good question: Why, exactly, is your
"Insider Secrets to Marketing Your Business on the Internet"
course so successful? Aren’t you leading this market space?
Yes, we
are by far the leaders in educating our Small Office/Home Office
audience in how to make money on the Internet.
The reason
the course is so successful is because we practice what we
preach. We generated about $7.6 million in business last year,
all online. And that's not to mention the tens of millions of
dollars we have helped our clients generate. We have over 70,000
affiliates and we get over 1.8 million unique visitors to our
sites every month, all on a shoestring budget and all from
scratch. So we are actually using all the methods that we teach.
Would you
hire a poor stock broker? Of course not. If he cannot make
himself rich, how's he going to help you? Would you hire a
personal trainer that is not in good shape? No way! If they
can’t do it themselves, how can you be sure that what they are
teaching you is not garbage?
People
know our reputation and they know that the stuff we teach in the
course actually works. We walk people through every single step
they need to follow to be successful marketing their business on
the Internet -- even if they don't have an online business yet.
We also
have a few big Fortune 500 corporate clients. They're attracted
to us because most of them are so caught up in red tape that
they don’t get to see the guerilla marketing tactics used to
generate immediate revenues like small businesses do. We're just
now starting to see the big corporations picking up some of the
things we were recommending two years ago!
So
the key to your success is practicing what you preach?
Exactly.
Another big reason we're so successful is that we take all the
risk. Our guarantee is simple -- if you don’t make money from
what you've learned in the course, then you pay nothing. You can
return it anytime for a full refund for any reason. Even if you
decide you don't like the paper it's printed on, we'll give you
all of your money back. And you know what? We get nearly zilch
returns -- and that speaks for itself.
Don’t take
my word for it,
check out the testimonials at our site. We publish only one
percent of the testimonials we receive, but you can see that
it's not people saying “Oh, it was great,” but people saying
they “Made an extra $70,000 already this year," or “Traffic
increased by 400% in 30 days.” That's what counts -- results.
That is the scoreboard at the end of the day.
And we
really do cover everything in the course you could ever imagine.
We teach you everything from A to Z; everything from starting up
from scratch with nothing to how to drive traffic to your site,
right down to setting up your site to convert visitors to more
sales.
You'll
learn how to maximize your exposure on the search engines, how
to automate your entire business, how to build pop-up boxes, and
hundreds of other things. We even give you templates and ideas
to copy from us to ensure that nothing will go wrong!
That reminds me of a funny story... A couple of years back, I
thought of trying to get my course on the reading list for an
Internet Marketing program being offered by a top university. I
had some meetings with a few of their senior marketing
professors, hoping to get "Insider
Secrets" into the hands of all their Internet Marketing
students.
They finally came back to me and said, basically, "Thanks, but
no thanks." Now, I was shocked! Why wouldn't they want their
students to have the #1 Internet Marketing course as part of
their education? I wouldn't let the professor leave my office
until she told me.
It turns out they were actually scared that if their students
read my course and found out that it cost less than two hundred
dollars, they would feel ripped off by the school, which was
basically charging them thousands of dollars for the same
information!
That's
quite a story! It just goes to show that "traditional" education
isn't always the best way to get the BEST information.
Corey, could you tell us a little bit about your own history and
background? How did you get started marketing online?
Well, I
won't go too far back as I don’t want to bore you, but my first
online venture was way back in 1994. I had written a book called
"Car Secrets Revealed" and had been trying to market it offline.
After wasting a lot of money on magazine and print ads, I took a
friend's advice and decided to try selling it over the Internet.
Those magazine ads had eaten up most of my cash, but I did
manage to scrape together enough to get my first web site up and
running.
I did everything myself -- built the site in
HTML 1.0, learned how to use FTP programs, figured out how to
build a banner, and things like that. Those were the days when
Netscape 1.0 had just come out and there was no such thing as
secure real-time online ordering. It was all so new and
exciting!
I was glued to my computer 24 hours a day
testing all kinds of wild and crazy marketing ideas to see which
ones worked. And I can tell you that 95 out of 100 ideas failed,
but the ones that did work, worked like crazy! Within 18 months
I had the #1 best-selling car book online... and it's been #1
ever since!
When people started seeing that my counter had
logged over 1,000,000 visitors at
CarSecrets.com, they started asking how I was marketing it.
They wanted to know how such a simple and basic site was
generating so much traffic, and if I could teach them how to do
it. Before too long I realized that I wasn't able to teach
people everything I knew during a one-week consulting contract.
So I decided to "brain dump" everything I knew
into a course, which I called "The Insider Secrets to Marketing
Your Business on the Internet." It taught just about everything
I knew with real-life examples of exactly what I had tested,
what worked, and what didn't. That was what set my course apart
from every other Internet marketing course out there -- that I
had actually tested and proven my techniques. Other courses were
just teaching fluff and theory.
By promoting the course with the exact same
techniques I was teaching, it became the #1 best-selling
Internet marketing course online within three months. Since
then, it has been through four new versions -- it needs to be
updated regularly as the Internet changes so fast! But through
all this time, it continues to be the #1 best-selling Internet
marketing course online.
Because we're so far out in front of the curve
as to what's working and what isn't, we have also been able to
develop some of the world’s leading Internet promotional and
automation software. Basically, we developed software that we
needed for our own business. We made sure it was the best and
then made it available to our clients. This has helped us become
one of the world’s leading Internet marketing companies helping
small to medium businesses drive traffic and make more sales.
So, what specific suggestions do you
have for someone interested in getting started marketing on the
Web?
Wow! That's a huge question and, to be blunt,
there's no way I could answer it in just a few minutes. In fact,
that's why I wrote a 1,000-page course in the first place...
There are literally hundreds of tips and suggestions for
building a successful presence online. There is just so much to
know if you want to do it right the first time. However, there
is one tip that is more important than any other...
Get educated. Don’t think you can put up a web
site and have traffic appear from out of nowhere. It does not
work that way. Spend the time to educate yourself about how
everything works. Research your market or idea and learn how to
identify a niche market on the Internet. Create or market
products that solve other people’s problems.
Another thing to look at is your competition.
How big are they? What are they doing right and wrong?
Learn from people who practice what they
preach -- find people that you KNOW are successful on the
Internet and model yourself after them. Don’t try to re-invent
the wheel and don't listen to people who cannot prove that they
have done what you are trying to do.
There are so many "wannabes" out there who
write books on web site promotion but don't even have a
successful Internet business themselves. Find someone who you
know is successful and use them as a mentor -- that's what I
did. I had mentors, too.
Why do you feel that so many people
who attempt to create an income on the Internet fail to do so?
Whoa, another loaded question! There are so
many reasons, but here are the main ones. Bear with me, this
will be a long answer:
Deciding on a product before finding a market
is a big one. This is probably the most common mistake. If you
are asking “What is a good product to sell online?” you are
making this mistake right now! You need to decide on a market
first.
The Internet makes it very easy to find people
interested in a specific category like gardening, hunting,
aeronautics, accountants, or any other interest group. Just
about any group is easy to locate and target online through web
sites, newsgroups, e-mail discussion lists, e-zines (electronic
magazines), etc.
You have to make sure you have a captive
audience, then find out what they are having a common problem
with. If you can come up with a product or service to solve that
problem, you have a guaranteed successful business. It's really
that easy -- that's how all my businesses were built.
You don’t even really have to “sell” it,
because you already know they want it before you launch your web
site. And since you already know exactly where your customers
are, it's easy to target them. I mean, it’s a no-brainer once
you think about it.
Now, let’s turn that situation around for a
second. Say scientists had found a cure for the common cold.
You'd become a millionaire selling it online, right? Well, not
necessarily! How do you find people that are sick online? You
would have to market to the general Internet community to try
and find the 1 out of 10,000 people that are sick that day. It
would cost a ton of money to market to 10,000 people just to
find one qualified buyer!
And to make matters worse, if you are selling
this over the Internet, by the time you ship them the pill
through the mail, they'd probably be over their cold! So by
choosing the product instead of the market, you can actually
fail no matter how great your product is.
Your course has a lot of information
about generating traffic. Is that a big hurdle for online
businesses?
Many people think they can build a web site,
submit it to the search engines, and the buyers will come. The
logic is that there are hundreds of millions of people online
surfing around and that some of them are bound to stumble onto
your product. Wrong! Search engine ranking is more competitive
than ever.
Yes, there are secret ways to get high
rankings in the search engines and we spend more than 40 pages
in our course showing you how to do it. It is probably one of
the most complex marketing techniques out there. There are lots
of different options for grabbing high rankings. You can do it
all yourself, or you can buy really good positioning software,
or even hire specialized companies to do it for you.
The course even recommends which positioning
software you should be using, as there is a lot of junk out
there! The same with Search Engine Optimization companies --
most have no idea what they're doing. So my course shows you how
to tell the good guys from the bad guys.
The real key is to know what your potential
buyers do online. Are they searching online for a specific term?
Are they visiting specific web sites all the time? Are they
subscribed to topic-specific e-mail lists or e-zines? In other
words, you need to know where your target market is “hanging
out” online. If you can find where your potential buyers are,
this is where you should spend your marketing and advertising
money.
That is
why I said before, spend your time getting educated, learning
everything, and researching your market and product or service.
Spend your time and money driving them to your site and then
show them how your product solves a problem they have. Marketing
is everything online! You could have the best product in the
world selling for half of your competitor's price, but if you
cannot get the word out, you don't stand a chance.
What are some of the big psychological obstacles for online
entrepreneurs?
Number one
in that department is definitely procrastination. I cannot tell
you how many people I've met who have really great ideas and
plans, but so few of them actually do what they say they are
going to do. So turn off the TV, stop using your new baby as an
excuse, stop going for drinks after work with friends, and take
the time to get serious about your business! You will have
plenty of time for all the rest when the big income starts
rolling in.
Let's be
honest here... We're all good at justifying excuses to
ourselves. I've even done it a few times myself! But there
really is no excuse for not following your dream. You're only
hurting yourself.
The second biggest psychological obstacle is
fear of failure. Never fear failure. Heck, we fail every day.
The key is to fail small. In fact, your ticket to success is
failing regularly! Every time you fail, you're eliminating bad
ideas and getting closer to the things that work.
If you aren't failing, you are not learning.
We test new ideas, new prices, new marketing strategies, new
looks, new products every month! Most of them fail, and we
expect that. And we don't call it failure, we call it testing.
We are just looking for the five winners out
of every 100 small failures we have, because what we learn from
the winners we apply to everything we have. Here's a perfect
example: We don’t even send out an e-mail to our opt-in list
without testing at least four versions of the e-mail to see
which one performs the best -- that is how much you have to
test. Some pull in 200% better results than others with small
changes, so it's definitely worth it.
Speaking of results, what kind of
results should people expect when they are just starting out?
Don't get discouraged if you don't see
immediate results. This is another huge psychological barrier
faced by many new entrepreneurs. Some people expect their
business to be successful immediately and their dreams to come
true overnight. It usually doesn't happen that way.
An Internet business is like any other
business -- it takes work. The only difference on the Internet
is that you can automate a lot of repetitive chores... and you
can test and roll things out WAY faster than an offline business
could.
Things generally start slow -- that is to be
expected. But when it snowballs, it snowballs VERY fast! And you
really have to be prepared, because the Internet moves at seven
times the speed of offline business. If you do things right, you
can easily grow 700% faster than any offline business just due
to the speed of business on the Internet.
Think of it this way: if you had just 30
people a day sign up for a newsletter, that adds up to over
10,000 subscribers in a year. This means that your company now
has a database of 10,000 highly targeted leads to market your
products to. If you were to purchase a list of 10,000 targeted
leads (who have never even heard of you before and may not be
receptive to your product), it could easily cost you up to $5
per lead.
So just by attracting 30 new people a day,
you've created an asset that is worth around $50,000. Sometimes,
even if it seems like things are moving slowly, you're actually
building something great! I hope that makes sense.
If you could tell someone just one
thing about how to be a success in marketing on the Web, what
would it be?
That’s easy! Learn how to drive targeted
traffic to your site inexpensively and the rest will all come.
Once you've got the traffic, you can change the design of your
site, you can test different prices, and you can even change
products if your product isn't selling well. Without traffic,
nothing you do will make your online business a success.
Now, don't get me wrong! You still have to
sell a real product to real people for real money. You can't
just build a site, promote it, and try to think of a way to make
money after the traffic comes. That was what killed all of the
so-called "dot-bombs" a couple of years ago.
So simply attracting lots of general
traffic isn't necessarily a good thing?
General traffic is fine, but traffic targeted
to your specific niche market is much, MUCH better. In my
experience, finding a niche and selling to it is the single
easiest route to profitability online. If you are trying to sell
books or CDs online, forget it -- Amazon.com will crush you.
Those markets are gone.
However, if you target your market to a
specific interest -- say gardening, hunting, cars, or whatever
-- it's easy to find people online with an interest in those
things. All you have to do is find what that market wants and
give it to them. I have a lot of clients that make hundreds of
thousands of dollars a year who just started their businesses a
short time ago and almost all of them make their money by having
specific products that go over well in a very targeted niche
market.
Check out a newsletter I have called
www.SecretsToTheirSuccess.com -- your readers have got to
check this site out. It is cool because it shows how people that
were in low-paying or dead-end jobs are now making it huge
online now, working their own hours and making profits they
couldn't even dream of before. We interview two new people every
month that are making between $30,000 and $2 million in profit
online each year.
Check out the site and you'll see what I mean.
You can learn so much by reading about how they started their
businesses from scratch not too long ago and made them
successful by targeting a specific niche market. For example,
one interviewee makes over $1,500 a day selling a plan
to bald guys on how to regrow their hair. And another guy sells
tools to make wire jewelry and makes $40,000 a month!
These products would be a flop if you sold
them at a local storefront because the market in a local area is
way too small to support them. But on the Internet, you have
access to a global market that can support extremely obscure
products and ideas… and be very profitable!
Corey, I wanted to ask you about search engines. How important
are they to the marketing beginner?
When you
are starting out on the Internet, search engines are a very
cost-effective way to drive traffic to your site. But as your
business grows, a good advertising campaign, joint venture, or
affiliate program will outperform your search engine rankings
every time -- guaranteed.
To start
with, you have to make sure that people are actually looking for
your product or service online. I hate to see people starting
out on the Web who automatically put all of their time and
resources into search engine submission when, in reality, their
target market isn’t even looking for what they have to offer in
the search engines.
If you
want to find out if the search engines will be worth the effort,
there are a few great services online that I show you in my
course that will actually tell you approximately how many
visitors you will get if you have a top ranking under your
keywords in the major search engines.
I tell
people to type five of their top keywords into one of these
keyword popularity services, and if your keywords are not
getting more than at least 1,000 searches every single month, it
is probably not worth your time.
Also, you
should never make the mistake of relying on just the search
engines to drive traffic to your site. Although they can be an
extremely valuable source of traffic, they are constantly
changing their rules. If you get into a situation where you rely
solely on a couple of good rankings in the search engines for
all of your traffic, and then one day the search engines drop
your ranking, you could be out of business literally overnight.
Believe me, I've seen it happen more than a few times.
Make sure
you have multiple sources of traffic to your web site so that if
you lose one, you are not out of business!
Pay-per-click search engines seem to be a great place to test
market products on the 'Net. What should people know about using
a pay-per-click strategy for their site or product?
The
pay-per-click search engines can be a great way to get traffic
to your web site but, once again, only if your target market is
actually looking for you in the search engines. They're great
for testing your offer, testing your site, testing your price,
even testing your product to see if it will work.
Success
through the pay-per-click search engines is all about basic
math. If the traffic they drive to your web site makes you more
money than it costs to buy those clicks, then they are a great
investment. Unfortunately, many beginners pay way too much for
keywords, never actually calculate how much they can afford to
spend, and end up losing lots of money.
I should
also mention that you can't expect to enter a couple of your top
keywords into the pay-per-click search engines and start making
money -- that is very rare. To be successful, you need a list of
at least 100 to 500 keywords and phrases. You can really make
pay-per-click search engines pay off by bidding on lots of less
popular keywords that are actually more targeted than general
search terms.
For
example, do a search for "gift basket" on the most popular
pay-per-click search engine and you'll see that to get that top
listing, you'd need to pay $2.76 per click. That's just too
much. Instead, bid on lots of less popular terms like "discount
gift basket" at $0.36 per click or "Valentine gift basket" at
$0.61 per click.
What is the most important thing
someone needs to do when starting out with a marketing project?
Test, test, and then test again. Never stop
testing everything. You want to test your advertising, styles,
colors, etc. Test your offer, test your price, test different
types of advertising. The key is to test small. If it works,
apply it to everything you know.
Start small and test. It is pointless to spend
all your cash on a huge ad campaign when you have not proven
that your web site can sell a product. And you must be able to
track what is going on with your web site. I'm shocked by how
many people don’t know their "visitors-to-sales ratio" -- how
many visitors you get daily compared to how many sales. If you
don’t know this, how can you try different things to see what
improves your sales?
Can you give an example of this?
Sure. Let's say that your site gets an average
of 500 visitors a day and you sell an average of five products a
day. Your "visitors-to-sales ratio" would be 100 to 1. (In other
words, for every 100 visitors, you can expect to make one sale.)
Now that you know this, you can start testing
different things. Let's say that you decide to test a new
headline and find that you now sell one product for every 50
visitors to your site. You've just doubled the profit potential
for your site! And you never would have known unless you had
taken the time to track the activity at your site. I teach this
in much more depth in my "Insider
Secrets" course.
Listen to this: Back in the early days of
marketing my "Car Secrets Revealed" book online, I decided to
try out a couple of new slogans. I had a hunch that the one we
had been using wasn't targeting the right people. Anyway, after
a couple of days of testing, I discovered something that
literally changed my life.
I had been marketing the book to car owners,
assuming that most people who owned a car would be interested in
the book. Well, one of the slogans was targeted towards people
who were thinking of purchasing a new car, not to people who
already owned one. I just about hit the floor when I saw the
results from the test on that slogan! Our sales had literally
increased 400% overnight!
If I hadn't always been testing things, even
back in the early days, I would never have realized this. That's
the power of testing. It has allowed me to build an incredibly
successful business.
Based on your experience, testing
probably thousands of different strategies, what are the two
most powerful ways to market your business on the Internet?
The answer is very simple... affiliate
programs and opt-in e-mail marketing.
First off, affiliate programs are the single
most cost-effective, least risky way to do business on the 'Net.
Affiliate programs are like having an army of joint venture
partners out there working for you twenty-four hours a day.
With an affiliate program, it's easy to
recruit hundreds, thousands, or even hundreds of thousands of
people to promote your product, and you do not pay them a penny
unless they make you money! I started one of the very first
affiliate programs on the Internet, even before Amazon.com, and
I currently have over 70,000 affiliates, so I'm speaking from
experience here.
For those who don’t know what an affiliate
program is, this is how it works: Basically, you get other sites
that share your target audience to link to you. Those links are
tracked by special software so that if anyone clicks through the
link and buys your product, you give a commission to the
referring site.
The great thing about affiliate programs is
that they are pure profit machines. Because you only pay your
affiliates when they send you a visitor who actually buys
something, it's literally impossible to lose money! Even if they
drive 10,000 visitors to your site, you don't pay them a dime
unless someone buys.
That sounds great. But managing a
large affiliate program is a huge job, isn't it?
The best part is that if you are using the
right tools you can completely automate the entire process. You
can be running a multi-million dollar company with only a few
staff in the office. We have over 70,000 affiliates promoting
our products on the Internet and it literally only takes us a
couple of hours every month to manage our program using our
AssocTRAC software. At the end of the month we hit a couple
of keys, it prints out the commission checks, and we mail them
to the affiliates.
There are no overhead costs, no employees, and
no hassles. You only pay your affiliates when they bring you
business, and the software does all the work for you. And the
whole thing only costs about $45 a month to run! This would be
absolutely impossible offline, but the speed and scope of the
Internet allows us to do it at almost no cost.
When we built the second generation of
AssocTRAC software, we compiled over five years of
first-hand experience so that our customers could apply this
powerful strategy to their business without having to spend the
hundreds of thousands of dollars and months of time it took us
to develop it.
I could talk about affiliate programs all day,
as it is a huge topic, but since we only have a limited amount
of time, I'm going to recommend that if you are interested in
learning more about how affiliate programs work and how you can
start one of your own, visit our
AssocTRAC web site.
Could you tell us a little about the
second strategy you mentioned: opt-in e-mail marketing?
The second marketing strategy that every
e-business definitely needs to employ if they want to be
successful is opt-in e-mail marketing. And to get started
building an opt-in e-mail list you NEED to be collecting e-mail
addresses at your site. I can't stress this one enough. If you
aren't doing this, you need to start right now!
Here's how it works: You need to offer every
single visitor to your site a reason to leave you their e-mail
address. It can be for a free newsletter, a free report, a demo
version of your software, a contest... Any reason you can think
of to get people to leave you their e-mail address.
If someone visits your web site and actually
takes the time to subscribe to your newsletter by giving you
their name and e-mail address, this obviously means that they
are interested in what you have to offer. Congratulations! You
have just captured an incredibly hot sales lead!
By simply following up with these people and
e-mailing them quality information and facts, you will instantly
build your credibility by developing the rapport that is needed
to close sales.
The bottom line is this: Most people are
simply not comfortable shelling out money the first time they
visit your web site. Unfortunately, the Internet is a big place,
so the chances of them finding you again once they leave your
site are pretty slim. By capturing their name and e-mail
address, you can guarantee that they will not forget about you.
What are some things that people
should keep in mind when sending e-mail promotions?
First and foremost: The names and e-mail
addresses you collect on your web site should be treated like
gold and never abused. If you constantly e-mail these people
with blatant advertisements and plugs for your products and
never actually send them any valuable information, you will ruin
any chance you have to sell to them in the future.
Also, opt-in e-mail is impossible to manage
unless you have the right tools and information. In my "Insider
Secrets" course I have almost 200 pages of cutting-edge
information on this topic alone that will show you how to build
an extremely responsive opt-in list very quickly and then show
you how to follow up and sell to these targeted customers again
and again and again.
We use a powerful e-mail automation tool
called
Mailloop that automates all of our e-mail promotions. I
personally started using this software over 6 years ago and it
quickly became such an indispensable part of my business that I
actually bought the rights to it from the developer so that my
customers could benefit from all of its powerful features.
This software is so cool… It is like having
your own personal e-mail secretary -- but it does not take any
breaks, does not talk back, does not ask for vacation, and did I
mention that it works 24 hours a day, 7 days a week?
It handles almost all of your e-mail: It
subscribes and unsubscribes people automatically from your
opt-in lists, it merges your orders into your customer database,
it automatically sends out your promotions, it automatically
responds to your customers' commonly asked questions, and much
more.
It just leaves you with the e-mail that you
need to handle personally -- it takes care of the rest. We use
it every day to automate our business and stay in contact with
our clients; it is solely responsible for generating over
$100,000 a month in new business for us. You can check it out at
www.marketingtips.com/mailloop.
Rapid growth and expansion can be a
“good” problem for businesses. How can you handle your company's
growth?
You automate. That is the beauty of the
Internet. It is the first environment where you can truly
automate your entire business. You can even run it from anywhere
in the world -- as long as you have a laptop and a phone line,
you are in business.
I'll never forget the day I was on a beach in
Hawaii, drinking a Corona, when I decided to log on to the 'Net
for a few minutes and check my sales. I discovered that I had
made over $37,000 that day! This could only happen in today's
online age!
When you are first starting out, keep it
simple so that you can get up and running fast, but also realize
that you'll need to automate soon after you start. We use
software to automate most of the daily tasks like processing
orders, managing e-mail, and such. Not only are the cost savings
huge (one piece of software can literally replace at least one
or two employees!), but the real benefit is that you don’t get
caught up working IN your business instead of ON your business.
If you don’t automate soon, you will find that
the mundane work will become overwhelming and you will be
filling orders and reading e-mail all day long instead of
growing your business. Be careful, because this is a real trap
for so many people.
We teach a ton of ways to easily automate your
business without a lot of work. We've tried a lot of things, and
we show you what works and what doesn't -- and where to spend
your time and money for the biggest growth and the biggest
profits.
Unfortunately, we don’t really have time to go
into this today during this short interview. But remember that
you need to automate so that your business can run automatically
whether you are there or not. It sounds complicated -- and it
was 3 years ago -- but now there are inexpensive software
programs and simple techniques that allow anyone to do it
easily. I go through a lot of this in the course as it is a
fundamental key to success. You need to automate before you can
really grow.
Just as an example, my
CarSecrets.com site practically runs itself. It
automatically takes and fulfils orders, deposits the money in my
bank account, takes care of most of the e-mail by autoresponding
to customers, automatically promotes its affiliate program, and
so on.
It generates hundreds of thousands of dollars
in yearly revenue, yet I have an employee who spends less than
10 minutes a day running it. I have not looked at the site
myself in over two years and it still generates a ton of money.
That is the kind of business you want.
How do you stay up-to-date on an
industry that is constantly changing?
We have a team of people who are cranked up on
coffee at their desks, testing new ideas every day; we have to
be ahead of the curve. We have to update our information and
products constantly because the Internet changes so quickly.
The key to really exploiting marketing
techniques is that you have to be using them before they become
popular, because once people know about them, your audience
becomes saturated, and they are not as effective anymore.
Pop-ups are a perfect example. We were using
pop-ups way back before anyone else -- they were EXTREMELY
profitable back then. As soon as people found out how great they
worked, everyone started using them. Of course, as soon as every
site had them, their effectiveness fell off quickly. I should
say that pop-ups are still a great tool, but they are 50% less
effective than they used to be.
Our job is to find the hot marketing
techniques before everyone else picks up on them -- and let our
customers know so they can use them and profit.
So, where do you see the Internet taking us in the future? How
much additional business will be conducted on the 'Net and how
important will the Internet be to the business ventures that our
kids will be involved with?
Here's a
fact: The Internet is becoming part of our lives more and more
each day. Just about everyone uses e-mail now. If you want to
know the weather, you check the 'Net. You check the 'Net for
movie listings in your city, you use it to pay bills, you can
use it to educate yourself on just about any subject.
Today
there are university classes being held online for people around
the world who cannot get to a classroom. There are pay-per-view
movies that can be delivered to your computer in DVD quality
anytime you want through a broadband connection. I mean, it
might not be too long before we all say goodbye to the video
store!
Nowadays,
your sales force can access order and inventory data from their
wireless handheld computers while at a customer’s location. Your
fridge can automatically order your milk from the local grocery
store for delivery when you are low. (I've actually seen this --
it weighs the area where the milk goes in your fridge and
determines when to order more.)
The
dot-com days are over, but the Internet has just begun! It will
become more powerful and more useful as time goes on. It offers
an entirely new level of communication and convenience, which
gives home businesses the ability to compete with large
corporations, not to mention the ability to run a business from
anywhere in the world with next to no overhead or risk.
I
personally know janitors and waiters who are making $100,000 a
year now with their Internet businesses, working only a few
hours a day! If they can do it, you can too -- no excuses!
Any last words?
The only
thing stopping you from making more money is YOU! You may read
this interview and say, “Wow, that sounds great!” But unless you
actually do something and take action -- at least get your feet
wet -- you will stay at the income level you are at today. Do
you think my first site looked great and worked perfectly? Of
course not!
If you're
thinking about starting a small business, just do it! Get your
feet wet, make some mistakes -- once you've started, you'll
never look back! And you don’t have to be a computer geek to
figure it all out, you just need common sense and the
determination to get it done.
And take
the time to educate yourself.
Heck, if
nothing else, sign up for a copy of our free newsletter at our
site. Of course we save the best stuff for our course, but we
still reveal tons of killer tips in the free newsletter. We
distribute it every two weeks or so. Just go to
www.marketingtips.com and enter your first name and e-mail
address to receive it. |