Over the years, my team and I have continually tested this system,
and have proven its effectiveness over and over again.
But this system hasn't worked only for us... Since IMC opened its
doors in 1996, we've seen a staggering number of real, everyday
people follow these steps to earn life-changing incomes with their
Internet businesses. And the numbers keep growing exponentially!
In this newsletter, I'm going to give you a brief overview of the
eight steps you need to take in order to start and grow a profitable
online business. They are:
1. Find a hungry niche market — BEFORE you decide what to sell
2. Write compelling salescopy that draws in your visitors
3. Design a winning site that converts visitors into buyers
4. Use the 'Net's top search engines to drive tons of targeted
traffic to your site
5. Tap into secret sources of cheap (and even free!) traffic
6. Use the power of email marketing to keep in touch with your
visitors... and turn them into buyers!
7. Grow your business by selling new products to your existing
customer base
8. Harness the power of affiliate programs for hands-free traffic...
and sales!
Anyone, from newbie to seasoned Internet marketer, can benefit from
going through this proven series of steps. No matter where you are
in your business, it always pays to revisit the basics and make sure
you're doing everything possible to grow your business to be as good
as it can possibly be.
Read on to review this proven eight-step system — and discover how
simple it is!
Step #1: Find a hungry niche market — BEFORE you decide what to
sell
Most marketers make the mistake of looking for a "hot product" to
sell when they're first starting out online — and they end up
choosing a product before they determine whether there's a market
for it. And this is the reason the majority of Internet startups
fail!
The fact is, most people do NOT go online to buy. They go online
looking for information or to solve a problem.
What you need to do is find an untapped niche market: a group of
people who are going online to solve a common problem, but are not
having any luck finding a solution.
By doing some simple research, you can discover EXACTLY what these
people are looking for — and then figure out a way to give it to
them. That way, you KNOW you'll have a market that's eager to buy
your product — before you even know what it is!
Once you've found a hungry niche market and come up with a product
that will satisfy their wants, it's time to write your salescopy...
Step #2: Write compelling salescopy that draws in your visitors
Without a doubt, the most important part of your website is your
salescopy. It's the only contact most of your visitors are going to
have with your business — so you have to make sure it does the job
of a top-performing salesperson.
A lot of people don't feel confident about writing. But don't worry!
Writing salescopy is a "science," not an "art" — there's a specific
formula to follow that will lead your visitors smoothly through the
sales process.
You need to focus on how your product or service will solve people's
problems or make their lives better. Think like a customer: "What's
in it for ME?"
A few key things to remember when you're writing your salescopy:
- Include a headline and subheadlines that are packed with benefits
- Build credibility with testimonials
- Offer a strong guarantee
- Pile on the bonuses
- Don't forget to ask for the order! Never assume that your visitors
will understand what you want them to do on your site — you have to
TELL them, and then make it easy for them to follow through with
their purchase.
And remember: You want your copy to emphasize the BENEFITS of your
product, not its features. What's the difference? Features TELL,
benefits SELL.
Say, for example, you're selling low-energy washing machines.
Feature: They use less electricity than conventional machines.
Benefit: You save money with every load!
Do you see the difference? You want your visitors to have a clear
idea of how your product is going to help improve their lives —
because that is what's going to convince them to make a purchase!
Step #3: Design a winning site that converts visitors into buyers
Yes, it's true: You should only start building your website once you
know what you're going to sell and have written your salescopy. That
way, your site design will facilitate the sales process, rather than
get in its way.
The most important thing to remember when designing your sales
website is KEEP IT SIMPLE! You only have 10 seconds when someone
arrives at your website to grab their attention — otherwise, they're
gone, never to be seen again.
Some important tips to keep in mind:
- Choose a plain, sans-serif font (like Arial or Verdana)
- Use black text on a white background
- Make sure your navigation is clear and simple, and include a
sitemap
- Avoid using cheesy or distracting flash or audio (using video and
audio is OK so long as it supports, rather than distracts from, your
message)
- Make sure you include an opt-in form to collect visitors' names
and email addresses — offer something useful, like a free
subscription to a monthly newsletter or a free report that's loaded
with useful information
Whether you decide to teach yourself a bit of HTML and design your
site yourself, or hire a web designer to do it for you, your goal is
not to confuse your visitors, but rather to draw them in and lead
them step by step through your sales process.
Make it EASY for them to purchase, and they will!
Step #4: Use the 'Net's top search engines to drive tons of
targeted traffic to your site
Now that you've got your site built, it's time to start selling. But
how do you get traffic to a brand-new site? The answer: search
engines!
Over 90% of Internet users start with free search engines when
they're looking for information online, so you want to make sure
your site ranks as high as possible in their listings.
There are two ways to use search engines to drive traffic to your
site: Using pay-per-click (PPC) programs like
Google AdWords and
Yahoo Search Marketing,
and getting ranked in the "organic" search engines. You're going to
want to start with PPC, as it's the best way to start driving
IMMEDIATE traffic to your site.
Once you have some paid traffic coming to your site, and you've
figured out which keywords are performing best, you'll want to
optimize your web pages for those keywords so that your site starts
showing up in the organic search engine results as well.
Step #5: Tap into secret sources of cheap (and even free!)
traffic
As an online marketer, one of your most important assets is your
reputation. People need to know who you are, and why they should
trust you!
So how do you "spread the good word" about you and your business to
the far corners of the Web?
Easy! You can:
- Give away free, expert content! Write a series of short,
informative articles packed with useful information and tips, and
submit them to online article directories. Include a brief bio and a
link back to your website at the end of each one.
- Issue press releases about your business. This is a great
way to announce a new product, or report on exciting developments in
your industry — and it'll drive traffic back to your site.
- Become an active expert in industry forums. Find out where
your target market hangs out, and share your knowledge with them by
posting knowledgeable replies to their questions... and remember to
include a link back to your site in your signature!
Sending all this great information out — with your name and website
URL linked to it — will also help you get a better ranking in the
search engine listings, since every site that posts your content
will link back to yours. Search engines LOVE inbound links from
relevant sites, and they will reward you accordingly.
Step #6: Use the power of email marketing to keep in touch with
your visitors... and turn them into buyers!
I hear it all the time: email marketing doesn't work anymore. And
when I hear that, I just laugh... because it's not true AT ALL. In
fact, according to PostFuture, 82% of online buyers have made at
least one purchase in response to an email promotion.
It takes an average of four to seven contacts with someone before
they will be comfortable enough to buy something from you, so you
need to stay in touch with your visitors and build a relationship
with them.
Email marketing is the ideal way to do this. You can show your
subscribers you really know what you're talking about and make them
feel comfortable enough to make a purchase.
Plus, you can stay in regular contact with your existing customers
and keep them informed of new products you have to offer!
Step #7: Grow your business by selling new products to your
existing customer base
It's a little-recognized fact that at least 36% of people who have
purchased from you once will buy from you again IF you follow up
with them. That means one-third of your customer base is just
waiting for you to offer them something new!
You have already cultivated a relationship with your customers — you
have put in the time and money to get their attention, establish
credibility, and close that first sale. That's by far the most
difficult part — not to mention the most expensive!
(Think of all the planning, advertising, and promotional activity
that goes into getting those initial sales... )
But once you've acquired those customers, you want to develop their
"lifetime value." An old marketing adage says that 80% of your sales
will come from 20% of your customers.
This means backend selling and upselling are your best bets. You
can:
- Offer products that complement their original purchase
- Send out electronic loyalty coupons they can redeem on their next
visit
- Include an offer for related products on your "Thank You" page
- Sell affiliate products that complement your product or service
By staying in regular touch with our customers and letting them know
about new products we have available, we were able to increase our
revenues by over 30%!
Step #8: Harness the power of affiliate programs for hands-free
traffic... and sales!
Once you have a profitable business on your hands, you should always
be on the lookout for new ways to grow it. And one of the best ways
to do that is to launch your own affiliate program.
Affiliates are people who promote your products on their web site
for a cut of the selling price. Every time they send you a buyer,
you pay them a commission.
With an affiliate program, you have the power to exponentially
increase your income. Think of it... You don't have to go out and
spend any money on advertising because your affiliates do the
advertising for you... and you only pay them when they make a sale.
You can't lose!
Final thoughts
This is a very brief overview of everything that's involved in
growing a successful online business. It's impossible to go into
very much detail here, of course, but I wanted to review the key
steps of our proven system so you can confirm whether you're
following the right path in your own business-building efforts.
If you'd like to know more about these steps — including detailed
information on EXACTLY how to implement them, as well as scores of
free and cheap resources to help you do so — check out the brand-new
2007 edition of my best-selling
Insider Secrets
to Marketing Your Business on the Internet course.
It's packed with the hottest-performing tips and strategies that
have been exhaustively tested and retested by my team of experts —
in order to guarantee that we're delivering the best possible
information to you.
And because we've done all the "grunt" work research, it means you
can stay focused on growing your business!
I've also included a ton of bonus materials, including my private
"Rolodex" of 267 must-have Internet resources, how to use Google
AdSense to increase your profits, and much more.
You can find out more about it at
MarketingTips.com/onlineprofits . Be sure to check it out!
*** Inside the Internet Entrepreneur Club forum ***
Did you find the information in this newsletter useful? This is just
a small sample of the kind of information that's being hashed out in
the
Internet Entrepreneur Club forums EVERY day!
I'd like to leave you with a question posed by a forum member about
pay-per-click (PPC) advertising.
Hi Guys,
I have recently changed my Google PPC campaign and although my
costs are a lot cheaper as I am bidding on far more niche words
(rather than the more general words), the number of sales has
dropped dramatically from an average of 12-15 per day to 3-5 per
day.
I really don't want to go back to spending £200 per day with
around £5 profit per sale.
Firstly, do you have any advice on increasing the number of
sales from my PPC?
What is the next thing I should focus on to drive traffic to my
site?
Should I focus on natural search engines, email campaigns,
affiliate schemes?
Is there a particular order I should do things in?
Thanks
Dave
***
And the answer from one of our marketing experts, Chris R.
It is smart to remove the non-performing PPC words in order to have
a better ROI on your overall PPC campaign.
But in your message you say that you do not want to make £5 profit
from a sale. My thought is £5 profit on the first sale is profit and
allows you to build a customer base to sell other more profitable
products to.
So I would take a look at the PPC words you removed that were
generating sales and determine if you can sell those customers other
products in a backend marketing system. Yes, it may be close to
break even, but the backend is really where the big money is made.
As for other strategies, I like the affiliate program route. If you
can find websites that are willing to introduce your product to
their list of targeted customers this is a way to explode your
sales. I would strongly consider this; make a list of potential
affiliates and start calling them to determine if they are willing
to introduce your product for commissions on sales.
If you are getting traction on this, you could then set up an
affiliate program fairly quickly and have the ability to track their
results. This will allow you to enter the affiliate game with only
phone cost and then when you have your first affiliate, rush to set
up your program. Alternatively set up an affiliate program now and
then start the calls, it all depends on your budget.
As for increasing the number of sales from the PPC I will go back to
the backend marketing system. If you have a solid opt-in form that
is generating signups I would really focus on an email system that
sells these people your product.
You need to look at your traffic conversion rates in order to see if
you can increase the conversion rate of your site. Create a more
impactful headline, test different salescopy, offer bonuses or free
shipping — test, test, and then do more testing keeping an eye on
the conversion rate.
If you are after natural search listings start writing articles and
submit them to article directories and get links from good related
web sites.
If you have varying markets coming to you, meaning that some of the
keywords you bid on are different to each other, consider a
different sales page that speaks better to the different markets.
As for the order:
1. Improve your website conversion rate.
2. Work on the email backend system before you start driving more
traffic as you are throwing sales away with a poor email marketing
system.
3. Write articles to get your info syndicated and links to your site
for better natural SE listing.
4. Set up an affiliate program and find partners to drive a lot of
sales in a short period of time.
I think it would be wise to mention the site you are speaking about
for more detailed ideas.
Keep us posted on how you're doing!
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ABOUT THE AUTHOR: Internet marketing expert Derek
Gehl specializes in teaching real people how to successfully start,
build, and grow their own profitable online businesses on small budgets.
To get instant access to the step-by-step strategies, tools, and
resources he's used to grow just $25 into over $60 Million in online
sales,
click here