Interview with Corey Rudl: The Secrets of an Internet
Millionaire
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
parent's basement to four online businesses that generate over $6.6 MILLION in
online sales per year and attract over 1.8 million visitors per month. 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 http://www.marketingtips.com/t.cgi/793122/. 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 generate about $6.6 million
in business every year, all online. And that's not to mention the tens of
millions of dollars we have helped our clients generate. We have over 60,000
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 2 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 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
3 months. Since then, it has been through three 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 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 close to 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 5 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 4 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 7 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 http://dynamic.secretstotheirsuccess.com/t.cgi/793122/ -- 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 2 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 drops 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 - 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
"mortgage" on the most popular pay-per-click search engine and you'll see that
to get that top listing, you'd need to pay $7 per click. That's WAY too much.
Instead, bid on lots of less popular terms like "discount mortgage" at $0.51 per
click or "Internet mortgage" at $1.15 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 5 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 1 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 60,000 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 60,000
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 5 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. There you will find over 50 pages of
killer strategies and ideas that will help you get your own affiliate program
started right away.
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 100 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 5 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
http://www.marketingtips.com/t.cgi/793122/.
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 is the cost savings huge
(one piece of software can literally replace at least 1-2 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 2 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 that 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 that 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 http://www.marketingtips.com/t.cgi/793122/ and enter your
first name and e-mail to receive it.