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 www.marketingtips.com.
We specialize in showing people how they can drive tons of targeted
traffic to their web sites and how to turn that traffic into sales
and profits. We provide all the information you need to learn how
to market your business online in the form of home-study courses,
books, video and audio tapes, and more.
What really sets us apart from all the other marketing courses,
though, is that we give you the concepts AND the software tools
you need to promote and automate your business on the Internet.
And we do all of this based on our own real-world tests and experience,
not just theory. In other words, we do it and prove it BEFORE we
teach it. This is how we are able to guarantee your results.
Actually, that brings up a good question: Why, exactly,
is your "Insider Secrets to Marketing Your Business on the
Internet" course so successful? Aren’t you leading this
market space?
Yes, we are by far the leaders in educating our Small Office/Home
Office audience in how to make money on the Internet.
The reason the course is so successful is because we practice what
we preach. We 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 www.SecretsToTheirSuccess.com
-- your readers have got to check this site out. It is cool because
it shows how people that were in low-paying or dead-end jobs are
now making it huge online now, working their own hours and making
profits they couldn't even dream of before. We interview 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 www.marketingtips.com/mailloop.
Rapid growth and expansion can be a “good”
problem for businesses. How can you handle your company's growth?
You automate. That is the beauty of the Internet. It is the first
environment where you can truly automate your entire business. You
can even run it from anywhere in the world -- as long as you have
a laptop and a phone line, you are in business.
I'll never forget the day I was on a beach in Hawaii, drinking
a Corona, when I decided to log on to the 'Net for a few minutes
and check my sales. I discovered that I had made over $37,000 that
day! This could only happen in today's online age!
When you are first starting out, keep it simple so that you can
get up and running fast, but also realize that you'll need to automate
soon after you start. We use software to automate most of the daily
tasks like processing orders, managing e-mail, and such. Not only
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 www.marketingtips.com and enter your first name and e-mail
to receive it.
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