Showing posts with label WAH. Show all posts
Showing posts with label WAH. Show all posts

Monday, April 23, 2007

LESSON #6 - 8 Steps to Irresistible EmailCopy Every Time

Now that you know what the secret to building your online income is, the etiquette behind it, and how easy you can put it on Autopilot by using autoresponders. You`re now going to build on your past achievements and learn how to consistently write the irresistible sales copy that could potentially put thousands of dollars, if not more, in your pocket. I'm talking about the kinds of skills that don't just build wealth...they build GENERATIONAL WEALTH. You can put your great-grandchildren through medical school if you get these steps right!
(You think I'm kidding, but I'm not - many people are doing just that.)
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8 Steps to Irresistible Email Copy Every Time
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Step #1 - WHO DO YOU THINK YOU'RE TALKING TO?
Before you sit down to write your email sales letter, you've got to determine exactly who your audience is. This is a master key to getting results from email marketing. Ask yourself these questions:
  1. What do your prospects/customers want?
  2. What frustrates your prospects/customers most?
  3. Who else is selling something similar to you?
  4. Why should your prospects/customers believeyou?
  5. Why should prospects/customers respond to you instead of someone else?
  6. What kind of appeals will your target market respond to?
Step #2 - A GREAT SUBJECT IS YOUR OBJECT
Before an email can generate results, recipients need to open it. But what can you do to spark their interest and get their interest "motor" revved up?
Your SUBJECT LINE is the key.
There are four types of email formulas you can use as a guide in crafting your email. Each has a different PSYCHOLOGICAL APPEAL that works like magic on consumers.
Here are some examples:
  • State a powerful benefit - "Global Domains International Satisfies Your Need for True Residual Income"
  • Pique curiosity - "Pay-It-Forward 4 Profits Has Uncovered the Secrets of Success"
  • Write your subject line with a news angle - "Global Domains International Launches NEW Unlimited Weekly Bonus Pools For Those Who Want to Explode Their Income Fast!"
  • Offer Immediate Gratification - "With Global Domains International, you can start the money wheels turning before the sun goes down tonight"

Here's something you can do to get you started: Write at least 25 SUBJECT LINES before you decide on which one to use. Take the best two and test them against each other in your marketing campaign. (Save the "losers" to use for other purposes or spruce up later.)

Step #3 - WHAT'S IN IT FOR THEM?
Sit down and write every conceivable benefit your product has. Don't know the difference between features and benefits? Features describe the product; benefits describe the results of using the product. Features appeal to logic...logic justifies emotion...emotion drives sales (see below).
  • Here's a rule of thumb for benefits: ask yourself "What can my product or service do for my customer?" Then begin to write your letter telling your reader WHAT'S IN IT FOR THEM. Tell them how much better life will be for them after they buy from you. Tell them how much better they'll feel. Tell them how their peers will respect them more.

Step #4 - AN EMOTIONAL APPEAL
When promoting anything to anybody, you must remember that buying decisions are based upon emotion and later backed up by logic. Before you write a single word, determine what emotional hot buttons you need to push to "jumpstart" your prospect.
Selling health supplements? Go for the "fear of illness" button with "A Natural Way to Save Your Eyesight." Selling political bumper stickers? Hit the "anger" button with: "Let the President Know What You Think of His Policies." Other buttons include: curiosity, greed, ego, vanity, hope, and/or fear of scarcity or security.

Step #5 - A NAME YOU CAN TRUST
To convince people to buy your product or service, you must make them believe that your offer is credible and that you (or your product)will deliver as promised. How do you do that? Here are three ways you can build credibility with the readers of your sales letter:
  • Provide testimonials.
  • Include endorsement letters from authorityfigures in your industry.
  • Make your offer and promises sincere andbelievable.

Step #6 - A GUARANTEE
Nowadays, trying to sell without some type of guarantee is a losing proposition. You've got to have one. And the stronger your guarantee, the better your response will be. And, believe it or not, although most people will NOT ask for a refund, they'll trust your offer knowing that you stand behind it. You can offer a 24-hour, 30-day, 60-day, 90-day,or even a full-year. And here's an interesting fact: The longer the time period, the fewer returns you'll have! It's human nature to procrastinate, so the more time someone thinks they have to get a refund, the more they'll put it off or forget about the refund altogether.

Step #7 - DON'T FORGET TO ASK
It happens all the time. Someone makes a fantastic sales presentation, and then doesn't close the deal because he/she didn`t clearly ask for the order or made the process confusing rather than simple.
  • From the Research Department: Statistics show that you need to ask for the order at least three times to close substantial sales. (Some studies put the number at 7!)
If you can, offer several ways for your prospects to order -- consumers love choice. It tells them,"You're talking directly to me and meeting my unique needs." If you only offer one way to order, make it crystal clear how AND how easy it is. Describe it in detail and ask for the order. Then ask again.

Step #8 - THE EYES HAVE IT
It`s a well-known fact: Large blocks of copy are intimidating and will often send people running for the hills or at least the Delete button.
The solution? Break up paragraphs into two to four sentences. Use several subheadings throughout the email letter. And use asterisks, dashes, and ellipses (...) to give your copy more rhythm.
  • Bullet points are excellent eye-catchers- use them whenever appropriate.

That's a wrap for this lesson. Next time we`ll be saluting "Triggers." No, not horses named in honorof Roy Rogers old steed -- trigger WORDS that will have consumers begging you to take the money out of their wallets.

LESSON #5 - Using Autoresponders To Multiply Marketing Power & Save Time!

Today's lesson is going to introduce you to your new best friend -- the autoresponder.
One of the best ways to cultivate new business and save hours of time is to use an autoresponder. An autoresponder gives you the ability to follow-up *automatically* on the email addresses you capture.
Instead of wasting hours following up manually, you can let your autoresponder follow up while you do the things that you do best -- build your business...putter in the garden...chase your kids around the house...catch up on your power-napping.
If you have an autoresponder, today`s lesson will show you how to make it super-effective. If you don't have an autoresponder, Pay-It-Forward 4 Profits is the place to go: 3StepSecret

(As so many of our subscribers already know, Pay-ItForward 4 Profits is truly dedicated to providing an ALL-IN-ONE SOLUTION to the challenges of selling on the Internet. I hope you`ll visit our site and let us "show you around")
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Using Autoresponders To Multiply Marketing Power & Save Time!
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An autoresponder gives you the ability to send messages effortlessly for months on end. So if you captured an email address six months ago, your autoresponder can repeatedly contact that person to offer your product or service.

WASH-RINSE-REPEAT
Repeat contact is a concept that top marketers first used effectively in the offline world. When you conduct a direct mail campaign, you send out message after message until it's no longer cost-effective. This strategy yields a much higher response rate than witha one-shot mailing (typically just 1% or less).
-From the Research Labs: Research shows that, on average,
A PROSPECT MUST BE CONTACTED SEVEN TIMES
before you have any real chance atclosing a sale.

BE IN THE TOP 10
If you apply this strategy to your Internet marketing campaigns, you`ll have a real edge over the competition. Remember: 90% of businesses do not follow-up with prospects!
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OPEN THE DOOR & CLOSE THAT SALE WITH PAY-IT-FORWARD 4 PROFIT`S UNBEATABLE AUTORESPONDER SUCCESS TECHNIQUES
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TECHIQUE #1 - THE "KILL OVERKILL"TECHNIQUE
You don`t want an email-inbox crammed with ads and sales letters, and neither does anyone else. Don't send out sales letter after sales letter. Your messages will become an annoyance and the recipient will either unsubscribe or just delete the messages when ever they arrive. By sending a series of sales letters SPACED A PART BY 2-4 DAYS, you`ll keep your prospect aware of your business and develop credibility over time without being a pest.

TECHNIQUE #2 - THE "MY GIFT TO YOU" TECHNIQUE
Send freebies such as ebooks, info reports, newsletters, software, or even product samples. Many marketers use this approach by offering a newsletter.-Sneaky Salesmanship: Within the newsletter you have an excellent opportunity to plug your product with a few lines of irresistible copy. With the soft sell approach, you can contact your prospect once or even twice a week with "valuable information" -- which coincidentally mentions your product or service -- without seeming like you're over-selling. If you're a vacuum cleaner distributor, for example, send a newsletter on allergies and dust mites.

TECHNIQUE #3 - THEY'LL LEARN/YOU'LL EARN TECHNIQUE
Give away a valuable training course via email that has special appeal to your recipients! You can create a simple 3-day, 5-day, 7 day, or even longer course. And at the end of some of the course lessons you can add a few lines of copy plugging your product or service. This too is a soft sell approach.

TECHNIQUE #4 - COMBO PLATTER TECHNIQUE
Use a variation of the hard sell, soft sell approach. Simply alternate your messages. A balance of 40%hard-sell and 60% soft-sell is generally about right.

Good luck!

Wednesday, April 18, 2007

LESSON #4 - Harnessing the Power of Email Marketing

First, I`d like you to consider these four facts:
*A DIRECT MAIL PIECE costs about 50-cents in postage alone. (And then you have to factor in paper and printing costs.)
*A PHONE CALL can cost just as much - or more -than a direct mail piece.
*A PHONE CALL wastes time (and time is money) because you'll spend precious minutes – sometimes hours or days - trying to contact the right person.
*A MESSAGE left on voice mail is almost always a waste of time, and therefore a waste of money.

Depressing? Not at all. After you read this today’s.
"MARKETING CONCEPTS THAT GUARANTEE SUCCESS" lesson, you’ll be able to say "NO" to the downside of phone calls and direct mail and "YES" to the upside of email.Read on ...
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Harnessing the Power of Email Marketing
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Given the inherent problems with traditional marketing techniques, it’s important to master the BASIC STRATEGIES FOR INTEGRATING EMAIL into your overall campaign.
As I’ve just shown you, sending out an EMAIL CAN BE MUCH CHEAPER than other marketing methods. Proceed with caution, however.
Email can also cost you a fortune -- in lost opportunities AND cold hard cash --
IF you don’t know the basics. So that’s where we’re going to start. First, always keep in mind that your "primary objective", the master key that unlocks your "Success Vault" in Internet Marketing is to build your mailing list – your EMAIL MAILING LIST.

The addresses you collect are going to mean the difference between the middle-of-the-road results that Average Joe and Jane are achieving and the through-the-roof, over-the-top, MEGA-success that top online sellers achieve. (The difference really is that dramatic.) So don’t miss the boat: The time is NOW to start building your list of email addresses (prospects).

REVIEW
You can begin to grow your list simply by capturing emails from people who visit your
website, as we have already discussed in a previous lesson.
Pop Quiz:
What’s the easiest way to convince people to give you their email address?
(Answer: Offer an irresistible freebie with a sign-up form on your site or in a pop-up box,
drive traffic to your site, and watch as people start entering their email address.
Don't have a freebie? Get a good one from the Pay-It-Forward 4 Profits treasure chest!)

Okay, so now you’re "in the groove". You’re capturing people’s emails like crazy. But if you’re just sitting there - well, you know the old saying, "Even if you’re onthe right track, you’ll get run over if you just sit there."
So what next?-- Let me take a moment from telling how to build your email list to remind you why. It’s been said that –
YOU CAN GET RICH WITH AN EMAIL LIST OF JUST 1000 PEOPLE!
Think about that. Then stop thinking and get going on new ways to capture and keep email addresses. Still confused? Check out Pay-It-Forward 4 Profits and say goodbye to confusion, and hello to profits.

GIVE 'TIL IT HURTS!
If you want to keep getting addresses, start giving stuff away! Give, give, and keep finding more things to give! And since you can’t send a TOASTER through email, why not give the far more valuable -- and far more affordable for you -- INFORMATION PRODUCTS, business tools, and expert advice - maybe even a no-cost/obligation email marketing course like this one!

DRIP, DRIP, DRIP.
You'll want to have a series of letters already set up so that they can be "dripped" on your prospects on a regular basis. Send a message daily, every other day, or on whatever schedule suits you best, but make contact AT LEAST EVERY 7 DAYS.
If you’re not confident in your writing skills, you have two choices: you can hire a professional to write the letters for you or you can use a system already set up with letters to help you build your email list. (I suppose the third choice is to just give up and bury you’re head in the sand, but that’s no way to make a million!)

If you’re serious about this - and you should be - believe me -- you really should consider tapping into the system offered by Paul Birdsall & Joel Broughton. At the Pay-It-Forward 4 Profits - 3 Step Secret site, you can access an entire AUTOMATED leads/giveaway/database marketing ALL-IN-ONE SYSTEM that makes it easy for your revenues to soar.

See you tomorrow for the next Email Marketing Tip.

Tuesday, April 17, 2007

How to Build Your Mailing List

LESSON #3
7 Wise Ways to Collect Email Addresses and Build Your Mailing List
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The tips offered in the first two lessons are the building blocks for what comes next. They don't require any cash, just a little time, and believe me, you'll get back much more than you give or expect.
Okay, enough motivation and inspiration. Let's get down to business...let's learn HOW TO CAPTURE EMAILS.
If you're wondering why you need emails, there's a key point to remember:
A LARGE EMAIL LIST = REPEAT RESIDUAL CUSTOMERS
Once you have an email list, you can begin to make SERIOUS MONEY.
So how do you capture email addresses? I'm glad you asked.
The answers follow.
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7 Wise Ways to Collect Email Addresses and Build Your Mailing List ===============================================
Wise Way #1 - OFFER A FREEBIE
You have to give in order to get. If you want people to offer up their email address, you're going to have to offer up an incentive. Nothing works better than something that's complimentary (you spell that F-R-E-E). You can give away no-cost reports, books, software, or even sample pages of a book.

Wise Way #2 - USE POP-UPS
Pop-ups are one of the most common methods you can use to capture email addresses and build your email list quickly and with ease. Simply construct a web page containing code for a form and set the page to open (pop up) when visitors ENTER OR EXIT your site. Make sure the pop-up offer is something that's valuable enough to motivate visitors to take time to give you their contact information. Your offer can be a complimentary report, download, or ebook that arrives instantly through your autoresponder to their email inbox when they give you their email.

-Word to the Wise: If you need a pop-up, you can pick
one up F-R-E-E (there's that word again)
-Another Word to the Wise: "Instant" is a very powerful pop-up offer.

Wise Way #3 - USE POSTCARDS
If you have a mailing list that contains snail mail (street) addresses, convert it into an email list by sending out a postcard and inviting people to VISIT YOUR WEBSITE to receive a gift of some kind -- a report, a discount coupon, etc. Visitors don`t have to pay in order to receive their gifts, they simply need to enter an email address.

-Word to the Wise: from the U.S. Post Office:
Postage is much less expensive for a postcard than
a standard-size letter. (Not only are they economical,
postcards are more likely to get your message across
since the consumer doesn't have to open an envelope.)

Wise Way #4 - SUBSCRIBER BOX ON EVERY PAGE
This is a clever trick that so many people overlook. Put a RESPONSE FORM ON EVERY PAGE of your website offering a newsletter or other freebie. This will increase the number of email addresses you capture exponentially. Why? When search engines index the pages of your website, a visitor may come directly to a page other than your home page. If you only have a subscriber box on your home page, you're missing the boat, not to mention the thousands of visitors who bypass your homepage.

-Word to the Wise: If you don't know how to create an
opt-in form, no worries. 3 Step Secret has a foolproof build
your own tool made just for you!

Wise Way #5 - CONTESTS
Contests very often prove to be a good way to generate traffic and buzz for your business. Create a contest and put a form on your site or in a pop-up box. The entry "fee" is their email address.

-Word to the Wise: Not all the people who sign up for your contest
are good prospects. Many are just contest"junkies" -- people who
are only looking for freebies and have no intention of buying a product
or service.
-Warning to the Wise: If your prizes are cash or large-ticket items,
you should be sure to check with local agencies to make sure you're
not violating any contestlaws.

Wise Way #6 - DISPLAY YOUR AUTORESPONDER ADDRESS
Most people give their website link when they place solo ads, ezine ads, or other marketing messages. To be onestep ahead of the game in collecting email addresses,
LIST YOUR AUTORESPONDER ADDRESS instead of your URL. This way you can capture email address and funnel them into your follow-up sales letters.

-Word to the Wise: Don`t have an autoresponder? Here are two highly
recommended sites: ThirdSphere or Aweber

Wise Way #7 - JUST ASK
If you're chatting with a prospect on the phone or a potential customer stops by your place of business, don't be shy: ask for an email address or business card (which usually includes their email address).

Okay, you know what you want...you know what you need. It's time for you to set your traps and CAPTURE THOSE EMAILS!

Monday, April 16, 2007

Lesson #2 - Email Aesthetics

It's an old, old saying, but it’s true:
"You only have one chance to make a good first impression."
And in an email, the first impression will make or break your business.

Did you ever have an ugly looking email land in your inbox?
You know what I’m talking about: an orange background and yellow borders, multi-colored text in all sizes from gigantic to microscopic, a message that looks like it was created by a crazed six-year-old? If you did, I bet you didn’t feel the urge to read it. You probably just wanted to delete it as quickly as possible.

PUT OUT THE WELCOME MAT
You want your email message to be friendly and inviting, not bizarre and scary. The suggestions below – and they're just suggestions, not hard and fast rules -- will go a long way towards making recipients` eyes say "come on in!" to your message.


DO's and DON'Ts FOR ATTRACTIVE EMAILS

  • DON`T use COLOR fonts in your message.
  • DO use BLACK TEXT ON A WHITE BACKGROUND. (When you're "speaking" in black-and-white, people will give their full attention to your message without being distracted by your color scheme.)
  • DON`T use UNCOMMON FONTS. (If someone's system doesn't recognize the font you’ve selected, they could see gibberish instead of your brilliant message).
  • DO use COMMON FONTS: Arial, Times New Roman, and Courier New.
  • DON`T use flashing buttons or banners in your email!
  • DO use HYPERLINKS (Hyperlinks is their gateway to you-lead them to where you want them to go)
  • ALWAYS use SIGNATURE TAGS (This will give your reader a look at who you are

Easy as pie...and the results will amaze you!

Saturday, April 14, 2007

10 Essential Marketing Tips

In my daily receipt of emails and newsletters I found this recent series an excellent lesson for beginning internet marketers. They are full of information so I'll post one lesson at a time.
The key behind these lessons is to build a subscriber following which will build your business exponentially.
Follow these techniques and you will be on your way to building a successful home based business.

Lesson #1
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Essential Rules For Effective Email Marketing

If you want an email campaign to succeed, you don't want to offend anyone when sending your messages. Turn off a consumer with your email and you can be sure they'll tune out your message.
Don`t let this happen to you!
A message that earns respect makes sales. That's why the first lesson is email etiquette.
Train yourself to stick to the rules below when crafting your email messages.
RULE #1 - ALWAYS WRAP YOUR LINES AT 65 CHARACTERS OR LESS
Whenever you write an email, always format the lines so that they're 65 characters, or less, across. To do this, you may need to do a "hard return" by hitting"Enter" at the end of the line. Wondering why to limit your lines to just 65 characters? (Good question! It shows you`re thinking.) There are two reasons that "less is more":--
  • The first thing to remember is that looking at a computer screen for a long time causes EYE FATIGUE for many readers. The shorter span of characters across the screen makes reading easier and more appealing to the recipient of your email message.--

  • The other reason to go short instead of long is this:some email clients AUTOMATICALLY ENFORCE LINE-WRAPPING at 60-65 characters on received messages. If your email is wrapped at 70, the content will arrive all "chopped up." This makes it unattractive...and worse -- unappealing.--

  • Tip #1: Email clients such as OutlookExpress allow you to SET THE LINE-WRAP to any character-width you choose. That means you won`thave to hit Enter each time after typing 65 characters. Makes life easier!--

  • Tip #2 - You can type 65 asterisks ordashes in a Notepad file to create a template. Thenpaste your email below it to see if any lines extend toofar to the right.

RULE # 2 - BE CAREFUL USING ALL CAPS

How many times have you changed the TV channel to avoid listening to a screaming car salesperson? No one likes a screaming salesperson...and no one likes a"screaming" email message, either. Odds are, when someone has over-amped the volume of their message by using too many capital letters (not to mention too many exclamation points and other punctuation) -you`re going to be turned off.

On the Internet, email messages written in all caps are considered yelling. It`s okay to write some sentences and some words in all caps, but don`t go overboard. (Asyou can see in this message, I`ve tried to use capital letters to help break up sections of the content from time to time)--

  • Tip #1: Consumers buy from a source they trust. Emails in all caps are perceived as "shady" or uneducated, and have an appearance that damages the credibility of an offer.

RULE #3 - WATCH YOUR Ps & Qs (Spelling andGrammar)

Would you be influenced by an email selling you something that had noticeable spelling and grammar mistakes? Sureyou would...and the influence would be negative, not positive! When a consumer reads a sales message that's filled with errors, they think to themselves, "Good grief, this person doesn`t even take the time to get his emails right. His product is probably the same quality as his emails.

"When you're in business, YOUR IMAGE IS YOUR REPUTATION and your reputation is the reason people buy from you or the guy down the block. It's essential that you create an image of INTEGRITY, CREDIBILITY, and HONESTY in the mind of your prospects. Sending emails filled with errors doesn't hurt your professional image...it destroys it. (Ouch!)

Follows these three simple steps in email formatting and you are on your way to building a subscriber list that trusts you.

A person who trusts you is more apt to buy from you than one who doesn't trust you.

Thursday, April 12, 2007

Knowing when to switch gears.

In my last post we spoke about taking action and making a commitment.
So my next question would be.......

How long do you commit to something if it isn't working?

For example, a couple of months ago, my girlfriend sent me a link to "make money filling out surveys." Well, the hype said you can make anywhere from $5 - $35 per survey so I thought, "What the heck, I've got time on my hands, my online business is running on it's own and I'm always interested in some more residual income." Did I mention it was a free program too.

So, I commited to answering at least 5 surveys a day and volunteering on a panel at least once a week. Well, it's been exactly 2 months and 18 days since I started and I've made $100 but have spent.........$500+

Ohhhhh, that's right, did I forget to tell you that the survey's that actually pay are those that REQUIRE you to accept at least 1 of their Platinum offers, 2 of their Gold offers, and 3 of their Silver offers.

I don't think I've seen a bigger scam since Herba Life products saturated the market!

So, I ask myself, have I given this a fair try, commited to the project enough to make a judgement of whether it is working? I think I have.

Remember, commitment is a two-sided street. If you have commited and given the business 110% but the project isn't paying you back, it's time to move on!

But this doesn't mean give up! There are plenty of opportunities out there. Some of which are legitimate and given the sweat and effort, you can be successful.

Monday, April 9, 2007

The 7 decisions for success.

How do you define success?

To most of us that is a personal question that results in a unique answer.
Well regardless of the answer - you still need a path to get there, right?

Here are 7 decisions you need to make before success is attainable.

  1. The Buck Stops Here! I will begin the process of changing where I am- by changing the way I think.
  2. I Will Seek Wisdom! I will listen to the counsel of wise men. The words of wise men are like raindrops on dry ground.
  3. I Am A Person of Action! I inspire others with my activity. I am a leader. Leading is doing. To lead I must move forward.
  4. I have a Decided heart! I am passionate about my vision for the future. I will not wait, my course has been charted. My destiny is assured- I have a decided heart.
  5. Today I will Choose To Be Happy! Today I will greet each day with laughter. I will smile at every person I meet. I am a possessor of a grateful spirit. Today I choose to be happy.
  6. I Will Greet This Day With A Forgiving Spirit! I will greet this day with a forgiving spirit, from this day forward my history will cease to control my destiny. I have forgiven myself, my life has just begun.
  7. I Will Persist Without Exception! I will persist without exception- I have faith in my future. I do not look left or right. I look forward. I can only persist.

Make these decisions, follow through on their intended actions, and the rest simply falls in line.

Commitment

So you've done your research and planned your attack. NOW GET STARTED!

Commitment plays a huge factor in your success as an online business entrepreneur.

How many hours did you commit to the project? 5, 10, 20? Well, I can tell you, you need to at least commit 1 hour a day to become a productive online business owner.
  • You need to commit to learning about your product.
  • You need to commit to advertising your product.
  • You need to commit to your contact list.
  • You need to commit to improving your business strategy.
Are you willing to arrange time to ensure you learn all there is to know about your product so when your customer asks you are not flailing for answers?

Are you willing to arrange time to ensure your Google Adwords campaign is as strong as it can be and converting searchers into buyers?

Are you willing to personally call your contacts including customers and see how they are doing and if you can help them?

Are you willing to take the time to do continual research to learn new ways to improve your business?

You can't just start up an online business and think it will run automatically. Yes, I know, plenty of home-based businesses advertise that there system will work for you while you sleep. But that is UNTRUE.

All the "system" does is gather your contacts in one convenient place and feed them emails. But, you need to be the one to make contact. Show your prospects you are a real person. That you are passionate about the product, the business, and them.

The more time you commit, the better the results.

Fortunes do not happen overnight regardless of all the hype.
Give yourself time to build your fortune instead of expecting instant results.

Rome was not built in a day and neither is financial freedom. But with commitment and perseverance you can be successful in this competive market.

Friday, April 6, 2007

Setting a budget for your home based business.

The last thing you want when you start your business is to have expenses unaccounted for and ultimately lost.

Before you even start you need to decide what your initial investment will be. This investment should cover your first 3 months of advertising, miscellaneous business products and resources, and 3 months of salary if you plan on quitting your “day” job immediately.

Once you have an initial investment decided on you can then move forward with planning your budget specific to your project.

Resources will be dependent on what type of home based business. Some useful tools are listed as links on the sidebar of this blog. If you plan on using Google Adwords please make sure you purchase Perry Marshall’s, “Definitive Guide to Google Adwords”. It is a must have for entering into this competitive advertising arena.

Speaking of advertising, NO business will survive without advertising. This is your biggest expense especially if you want to accrue revenue quickly.
Although there are options for free advertising they are normally slow to show results, unless of course you have a warm market waiting in line to sign up.

Don’t get caught in just one form of advertising! Utilize several methods such as:
  • Bought Leads
  • Newspapers
  • Google Adwords
  • Ezines
  • Business Cards
  • Post Cards
  • Car banners
  • Radio Ad Coops

Spread your monthly advertising budget out so that each week you are focusing on a new stream of advertising.

A good rule of thumb for your advertising budget is 10% to 15% of your expected monthly gross revenue. If you did the math right you’ve correctly estimated you will have to spend approximately $1000 to $1500 a month to reap $8500 profit.

Finally, KEEP TRACK of your spending! It’s easy enough to just start using Paypal or handing over a credit card. But BEWARE! These costs add up quick and if you are on a limited budget you want to make sure you pace yourself for the long-term. I use Excel Spreadsheets and QuickBooks both have automated features, tracking capabilities, and are user friendly.

Yes, the saying is true that you've got to spend money to make money. But it is not true that the more you spend the more you will make. Be SMART about your budget!

CLICK HERE for information on an inexpensive program that shows you step by step how to leverage your business and get the most out of your advertising.

Thursday, April 5, 2007

Developing your plan of attack.

You've decided to start a home based business -
What do you do next?

Like any business you need to create a business plan.

The plan should detail the following questions:

  • What is your budget?
  • What is your goal?
  • What is your timeline?
  • What is your target audience?
  • What is your market strategy?

The biggest question that will impact on your decision plans is your budget.
Be honest with yourself. What can you afford? What are your expectations?

Some work from home opportunities take a month or two to build revenue.
Some take even longer if your commissions are small and your advertising is limited.

Your budget should include:

  • Initial Investment
  • Resources (Products/Back Office/Etc.)
  • Advertising

Your goals should include both short-term and long-term.

Your timeline should include:

  • Hours per week to dedicate.
  • Set date for short-term goal.
  • Set dates to implement advertising methods.
  • Set date to evaluate ROI.
  • Set date for long-term goal.

Your target audience needs to be determined in order to implement your market strategy.

Your market strategy is the final but second most important question to answer.
This strategy will determine the success of your at home business.

There are many methods to use in a market strategy.
Use several and BE CREATIVE!

Wednesday, April 4, 2007

Researching work at home opportunities.

Take Action!
Google is a great place to start.
But don’t stop at the first page or the first set of keywords.

Places to search:
  • Forums
  • Blogs
  • WAH organizations
  • Scam websites

Stay away from the advertisements. Stick to CONTENT!

Don't be afraid to ask questions. If the person cannot give you an answer ask yourself WHY?

One of my first questions is What is the product - If they can't tell me then and there, I'M NOT INTERESTED!

Join forums and blogs and ask what others think.

One of the most commonly asked questions and I've asked it myself is,

"How much do you make?"

STOP ASKING this question. Why? Because it only sets you up for false hope.

Instead ask questions such as how much time and money do I invest if I want to make $X. What is the conversion rate. What training is provided? What support is offered?

Remember, How much you make is dependant on you.

  • Competition
  • Motivation
  • Commitment
  • Budget
  • Time
  • Learning Ability

The home based business industry is one of the largest and fastest growing industries. Which means - It is COMPETITIVE!
The home based business industry doesn't have supervisors or bosses pushing you. Which means - MOTIVATION and COMMITMENT come directly from YOU!
The home based business industry is a business. Which means - You will need to set a BUDGET, invest your TIME, and LEARN everything you can to beat out your competition.

Research doesn't have to take long. Just make sure you are THOROUGH!

Sunday, April 1, 2007

Avoid the scams while working from home!

A Beginner’s Guide
The internet has paved the way for a new generation of scam artists. Even worse, these scam artists retain a level of anonymity achieved only by masked villains in comic books.
They pray on the dreams of those wanting to make changes in their life, those wanting a small piece of independence of which only financial freedom can provide.

We as the dreamers spend money on websites, programs, and unknown entities in the hope we will be the next success story by working from home. And some of us do get lucky. But most of us get frustrated and either spend more money or simply give up the idea of working from home altogether.

But we never stop dreaming. And I keep pushing forward constantly researching and trying work at home programs, home based businesses, MLM's, data-entry and even surveys. I’ve learned several things in regards to what it takes to grow your online business and what to avoid in work at home pursuit.

Guidelines for finding the right work at home business opportunity.
1. Do extensive research so you can make informative decisions.
2. Develop a plan of attack, including setting a budget.
3. Commit to the long-term goal instead of grasping for instant gratification.

Each of these guidelines are important steps in avoiding the scams, keeping your money in your bank account, and enjoying a successful home based business. In posts to come I will write about the hidden details of these guidelines. For some it may be common knowledge, but for others it may be the light bulb in the attic they have been waiting for.

For more information on specific programs I've tried and their details GO HERE.

Avoid the scams while working from home!