15,000 Opt Ins a Month - What Do I Do With Them?

39 replies
I sell a product that sells very well.

However, I've never really been into the "money is in the list" mentality..

Why? Because my product fulfills a desperate need that deals with a certain point-in-time. People buy it once and never really need to do business with me again. (I do not wnat to reveal the niche, but to help your imagination: lets say its "How to Get Out of a Speeding Ticket eBook")

I once learned that the best buyers are those with 1.) a desperate need or 2.) an irrational passion. I can totally understand why #2 would be a great list to build because it would allow a lot of back end. But not as much with #1.

So here is my deal:

In order to purchase the product, or even see the price, I require people to opt-in first.

This generates me about 400+ opt-ins a day. A large amount of these people buy, but a large amount never buys.

Because I generate all these leads and do nothing with them, I delete them before Aweber bills me each moth. To store over 5000 leads, it charges more, and above 10,000, etc.

But my question for you is this:

Is there ANYTHING I can do with these leads? Can I sell these leads?

I've tried to sell back end things to this list before, and its never really worked. I mean, the cost to "Store" the leads outweighs the profit. Also, if I try too aggressively, I get SPAM Complaints from Aweber.

Does anyone have any tips for me? I'd love to make more money with these leads but I have never found out a way to do it.
#ins #month #opt
  • Profile picture of the author Alexa Smith
    Banned
    Originally Posted by The Oilman View Post

    Can I sell these leads?
    Only if they've consented to being "sold" at the time of opting-in, I think. (In other words, no, probably not really).

    But you might be able to sell solo ads to other marketers, perhaps? Again, you'd need to be able to guarantee clicks, probably, to do that - and that sounds a little questionable? Maybe worth a try, though?

    Originally Posted by The Oilman View Post

    I've tried to sell back end things to this list before, and its never really worked. I mean, the cost to "Store" the leads outweighs the profit. Also, if I try too aggressively, I get SPAM Complaints from Aweber.

    Does anyone have any tips for me?
    Not a complaint, but it's kind of difficult to make suggestions without seeing the opt-in page, knowing what sort of traffic they are, and exactly what (in their minds) they've opted in for? Because the degree of overlap between what (in their minds) they've opted in for and what they receive is going to determine both the proportion of people hitting the "spam" button and the future open-rate, isn't it? :confused:

    400 opt-ins per day is good going, though.
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  • Profile picture of the author Patrick Brown
    Banned
    Mate, this is a list of REAL buyers who have just purchased something - these not only have the interest but they also have the potential...think, think....this is a goldmine!!

    Let me break it down to you more figuratively; anyone who buys a laptop needs some softwares, anyone who needs softwares needs upgrades and such...meaning you can mint money from the guy who made the first sale just by selling to them something else closely relevant to what they bought in the first place!

    Should make sense. And you, you my friend are sitting on goldmine!

    I sent you a PM....
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    • Profile picture of the author Alexa Smith
      Banned
      Originally Posted by Copy Surgeon View Post

      Mate, this is a list of REAL buyers who have just purchased something
      You must have read a different OP from the one I read ...

      Originally Posted by The Oilman View Post

      a large amount never buys.
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  • Profile picture of the author Victor Edson
    Definitely offer some more content (5 or 10 emails) to highlight
    the benefit of purchasing your main product, you should be able
    to get a few more buyers that way.. a discount would too.
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  • Profile picture of the author The Oilman
    Hello

    Please realize these are not buyers.

    They are sort of leads.

    About 6% of my visitors convert to actual sales.
    I am not quite sure what the conversion rate is on the opt in (the list I am talking about).
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  • Profile picture of the author The Oilman
    Victor

    Yes I actaully require the opt-in BEFORE seeing the order page so I can then drip feed them a few messages that offer a discount.

    But Victor, unlike the example of "Get out of a Speeding Ticket Ebook", my product kinda deals with a very "hot" short amount of time for the buyer. With a speeding ticket a 10 day follow up thing would work, but I feel I only have like 2-3 days.. after that people will be hitting the spam button.

    That is why I am using Aweber at all. Otherwise I'd just ditch it.
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  • Profile picture of the author The Oilman
    Ohhh! I forgot to tell you: Also, its a single opt-in .. not double-opt in, which i guess makes it less valuable.
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    • Profile picture of the author Randall Magwood
      Originally Posted by The Oilman View Post

      Ohhh! I forgot to tell you: Also, its a single opt-in .. not double-opt in, which i guess makes it less valuable.
      There's nothing wrong with single opt-in. I use them in my business with great success. But it sounds like you have a good problem on your hands. You should consider starting a paid offline newsletter... charge $19 a month. Or do a CD or DVD of the month club.
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  • Profile picture of the author Curtis2011
    You could look into selling solo ads. I have no experience with them myself, but from what I've heard, you can get paid to basically just send someone else's email out to your list.

    Alternatively, (this is slightly sketchy but may not be illegal per se), you could simply sell the list of non-buyers to someone else. Just have a legal disclaimer somewhere in the footer of your site that says you will do so.
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  • Profile picture of the author Alex Blades
    Why would you make them optin, if you are just going to delete them????? That is an oxymoron if I ever seen one.

    You should be trying to sell the ones that didn't buy, and promote related offers to the other ones. The offers don't even have to be related, they are human so you can promote anything really. Also a single optin list works just as good as a double optin list.

    If you don't want to keep these leads, than just put my optin box in front of them, I will pay to keep them in Aweber
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    But I knew the one thing I might regret is not ever having tried. "

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    • Profile picture of the author The Oilman
      Originally Posted by Alex Blades View Post

      Why would you make them optin, if you are just going to delete them????? That is an oxymoron if I ever seen one.

      I do this so I can try to 'wrangle' em back in, which works. Better than no opt-in, I split tested it and the opt-in won.

      You should be trying to sell the ones that didn't buy, and promote related offers to the other ones. The offers don't even have to be related, they are human so you can promote anything really. Also a single optin list works just as good as a double optin list.

      If you don't want to keep these leads, than just put my optin box in front of them, I will pay to keep them in Aweber
      I have them opt in so I can try to 'wrangle' em back in, which works. Better than no opt-in, I split tested it and the opt-in won.

      As far as marketing other stuff to them -- I was doing it for a while, promoting weight loss and other wide-market stuff, but it never really converted.. but maybe if I emailed them for a like a year or something? I just feel that at that point they're hitting the spam button, and aweber will get mad at me.
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      • Profile picture of the author luna522
        Originally Posted by The Oilman View Post

        I have them opt in so I can try to 'wrangle' em back in, which works. Better than no opt-in, I split tested it and the opt-in won.

        As far as marketing other stuff to them -- I was doing it for a while, promoting weight loss and other wide-market stuff, but it never really converted.. but maybe if I emailed them for a like a year or something? I just feel that at that point they're hitting the spam button, and aweber will get mad at me.
        Well, have you tried to stay in your niche? It would probably help if you don't jump around on what type of products you are promoting them...keep trying things in your niche.

        I think you should keep monetizing! If you do it once, trust me it can happen again!
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  • Profile picture of the author danr62
    Have your tried sending them to CPA offers?

    Otherwise, I think Alexa might be right, about the only thing you can do with them is try to get more of them to purchase your product.
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  • Profile picture of the author Alex Blades
    but maybe if I emailed them for a like a year or something?
    That is way too long, you have to have a good funnel in place. For them to optin in the first place, means that the interest is there.
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    " I knew that if I failed, I wouldn't regret that.
    But I knew the one thing I might regret is not ever having tried. "

    ~ Jeff Bezos

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  • Profile picture of the author Sarevok
    Entertain them.

    Teach them.

    Build a relationship.

    Cherish them.

    Love them.

    (And don't forget the ninja-like-inserted affiliate/product links)

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  • Profile picture of the author The Oilman
    Thanks Sarevok.. maybe I need to bond with them more..

    I mean, I didn't try that TOO much..

    Danr62 --- Yes I have thought about CPA offers too.. just small low barrier of entry stuff... free trials and stuff...
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  • Profile picture of the author Danny Woolard
    using your example:
    Anyone that got a speeding ticket has a car.
    they also drive fast.

    sell them car accessories worse case scenario.

    sell them radar detectors to really make some money.
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    • Profile picture of the author The Oilman
      Originally Posted by denutza View Post

      using your example:
      Anyone that got a speeding ticket has a car.
      they also drive fast.

      sell them car accessories worse case scenario.

      sell them radar detectors to really make some money.
      Thanks a lot..

      Yes those are very good points... Bt I have thought of all of this.. and tried some of it.. and have had minimal results.

      I was thinking more about SELLING these leads somehow, or send them to super slick low-barrier of entry CPA Offers... Anyone have any feedback on that?
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      • Profile picture of the author TravisO
        Don't sell your leads. Keep them as your advantage. Will help you in the future though.
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  • Profile picture of the author Stuart Walker
    So you're getting around 12,000 opt ins every month and you just delete them? Never heard anything like it.

    I don't beleive there's absolutely nothing else related you can sell to them but trying to promote weight loss and other wide interest stuff isn't a good idea. It needs to be relevant to what they opted in for / bought originally.

    I wouldn't try selling the leads though.
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    • Profile picture of the author The Oilman
      Originally Posted by RockingLastsForever View Post

      So you're getting around 12,000 opt ins every month and you just delete them? Never heard anything like it.

      I don't beleive there's absolutely nothing else related you can sell to them but trying to promote weight loss and other wide interest stuff isn't a good idea. It needs to be relevant to what they opted in for / bought originally.

      I wouldn't try selling the leads though.
      You have to realize these are not traditional opt-ins. Let me explain.

      You see, my product doesn't show a price. It also doesn not have have a buy button. It says "Download Now". So people perhaps even think its free, but after they click Download Now, and Opt-In, they arrive at the order page, which has the price.
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      • Profile picture of the author Alexa Smith
        Banned
        Originally Posted by The Oilman View Post

        Let me explain.

        You see, my product doesn't show a price. It also doesn not have have a buy button. It says "Download Now". So people perhaps even think its free, but after they click Download Now, and Opt-In, they arrive at the order page, which has the price.
        This explains it, indeed.

        No impoliteness intended, but these are not really people who think they've "opted in" to anything other than trying to download a product.

        They have no idea that they've been "added to a list", and anything sent to them by email isn't actually going to be "permission-based marketing" at all, in any realistic sense of the words? :p

        I don't say that this necessarily makes the list worthless, but it makes complete sense of the fact that they're quick to send spam complaints, as you mentioned, and that they'd need to be handled very carefully (if at all). I'd even venture to suggest that Aweber, if you asked them (and maybe you'd better not!) might not altogether be happy that this is an "opt-in list" at all, within the meaning of their terms of service and policies. "Just saying"!
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  • Profile picture of the author Alex Blades
    You see, my product doesn't show a price. It also doesn not have have a buy button. It says "Download Now". So people perhaps even think its free, but after they click Download Now, and Opt-In, they arrive at the order page, which has the price.
    Ah, that explains alot, so you end up with alot of freebie seekers. You should still send them a 7-8 email sequence to see if you can convert them, before you delete them.
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    " I knew that if I failed, I wouldn't regret that.
    But I knew the one thing I might regret is not ever having tried. "

    ~ Jeff Bezos

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  • Profile picture of the author ronrule
    Originally Posted by The Oilman View Post

    I sell a product that sells very well.

    However, I've never really been into the "money is in the list" mentality..

    Why? Because my product fulfills a desperate need that deals with a certain point-in-time. People buy it once and never really need to do business with me again. (I do not wnat to reveal the niche, but to help your imagination: lets say its "How to Get Out of a Speeding Ticket eBook")

    I once learned that the best buyers are those with 1.) a desperate need or 2.) an irrational passion. I can totally understand why #2 would be a great list to build because it would allow a lot of back end. But not as much with #1.

    So here is my deal:

    In order to purchase the product, or even see the price, I require people to opt-in first.

    This generates me about 400+ opt-ins a day. A large amount of these people buy, but a large amount never buys.

    Because I generate all these leads and do nothing with them, I delete them before Aweber bills me each moth. To store over 5000 leads, it charges more, and above 10,000, etc.

    But my question for you is this:

    Is there ANYTHING I can do with these leads? Can I sell these leads?

    I've tried to sell back end things to this list before, and its never really worked. I mean, the cost to "Store" the leads outweighs the profit. Also, if I try too aggressively, I get SPAM Complaints from Aweber.

    Does anyone have any tips for me? I'd love to make more money with these leads but I have never found out a way to do it.
    You've managed to accomplish something many people aren't able to do successfully - don't squander the opportunity.

    You need more products.

    Right now your weakness is that you're a "one hit wonder" - you have one great product that people want and are willing to subscribe to a list to get access to. Imagine if you had ten of those ... each person who joins your list is a likely candidate for the other nine. You could set up an auto-responder so each person who signs up gets an email a week from you, for nine weeks, until the other products (the ones they DIDN'T sign up for) have all been presented to them.
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    • Profile picture of the author The Oilman
      Originally Posted by ronrule View Post

      You've managed to accomplish something many people aren't able to do successfully - don't squander the opportunity.

      You need more products.

      Right now your weakness is that you're a "one hit wonder" - you have one great product that people want and are willing to subscribe to a list to get access to. Imagine if you had ten of those ... each person who joins your list is a likely candidate for the other nine. You could set up an auto-responder so each person who signs up gets an email a week from you, for nine weeks, until the other products (the ones they DIDN'T sign up for) have all been presented to them.

      Thanks Ron

      That is a great model you presented...

      But you have to realize this is a product that isn't for a passionate prospect.

      Its like, imagine you've been asked to do a best man speech, 3 days before a wedding. People buy this product out of desperation, not out of passion.
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      • Profile picture of the author ronrule
        Originally Posted by The Oilman View Post

        Thanks Ron

        That is a great model you presented...

        But you have to realize this is a product that isn't for a passionate prospect.

        Its like, imagine you've been asked to do a best man speech, 3 days before a wedding. People buy this product out of desperation, not out of passion.
        Right, but you've still discovered a niche - you just haven't figured out what that niche is yet. You're focused on your current product. What I'm saying is ... what else might the people who buy this also be interested in?

        This doesn't have to have anything to do with your current product, it could be based on the "buyer profile". You have an audience of procrastinators.

        So ... what else might these people, who search the Internet at the last minute for something they should have done days/weeks/months ago, be interested in buying? That's what you need to figure out.

        I would start by going on Amazon and finding books similar to what you're selling, and look at the "people who bought this also bought..." section and see what else this audience is into. That might give you some ideas on what else you could be selling to this group via your list.
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    • Profile picture of the author BackLinkingNinja
      Have you thought about follow-on sales funnel to compliment your product - perhaps a drip feed paid for video series?

      What about differing format, maybe an mp3 audio version for people on the go?

      Why not drive them to a targetted blog and monetise that? Or how about getting together with someone who you could share some ideas with and test a few differing email series with offers? I'd be happy to take a look and help research and craft some offers together. It it were me I'd go with the email series and a hot upsell soon after purchase. Sometimes these things just need a fresh set of eyes or a different angle: but with 12,000 optins, there is certainly plenty of relationship building opportunity to help more and make more! PM if I can help...
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  • Profile picture of the author The Oilman
    Alex -

    I send them about 4.
    But once again its a very short amount of time I have to sell them
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  • Profile picture of the author The Oilman
    Thanks everyone for your help.

    I guess I am just kind of procrastinating on writing the tons of email to test if I can get anything to convert.

    Like I said I tried before with some pre-written messages promotnig clickbank products, but it never ROI'd and I was araid of losing my aweber account.

    Is there any email marketing solutions out there that are cheaper than Aweber and have a higher spam threshold?
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  • Profile picture of the author Stripe
    I agree with what Ron is telling you. The trick to making use of your list is to market similar or related products. Sending out marketing on unrelated products is like shooting targets with a blindfold on. You may hit a target on occassion, but there will never be any kind of consistency.

    If you market something that helps them get out of a speeding ticket, sign up as an Amazon Affiliate and sell them a radar detector, window decals, or something else for their car. The list is endless for this.

    From your other example, if people opt in for the Best Man Speech Help - an urgent need to be sure, they might also be interested in a book on throwing great Bachelor Parties, or they might also need some tips on humor or wedding etiquette. That is taking a single sale and presenting several items - even as a possible OTO after the sale - to better help your customers and earn more money for you.

    Those same customers might also want to learn about how to pick up girls 2 weeks after wedding, or maybe they need help relating to their married friends. So you have to think outside the box and come up with related points of interest.

    Just deleting the lists is crazy to me. Most people work pretty hard to build a list.

    My 2 cents worth...
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  • Profile picture of the author Michael Ten
    Wow. You are getting a lot of opt-ins, Oilman. Your success is hard for me to visual. Good work.

    Maybe direct them to another web property that you own and that they might be interested in?
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    • Profile picture of the author BackLinkingNinja
      If you're looking to dip your toe on the list building side, then personally I always go with Aweber and they have a $1 first month offer. But... If you're not sure, then I advise my students to go with MailChimp and grab their free account for the first 2000 names. But the downside is there'll be some ads and you'll probably max-out soon on the limit.

      A tip to writing your email series is to first research some good related offers - clickbank offers tend to be good as they stay around and you can assess their gravity. Then map out the series visually, don't try and write 10 in one go. Aim for two or three offers spread over a week. Always have a good intro email and a couple of tips before you start promoting. Always have a 'hook' at the end of your email, telling/tempting them to look out for the next one in a day or so.

      Why not consider sending your buyers a surveymonkey survey afterwards, asking them what else they'd be interested in etc. This can be a great way of finding out exactly what they want - you then simply find the answer and fulfil that need :-)

      Why not consider a JV with someone else writing the email series, managing the list for you and sharing the commissions? You could both own the Aweber account etc No risk solution for you! I did that recently for a client and it worked wonders for all!

      Likewise, find other product owners in your niche and offer them a solo-ad?

      PM me if you'd like me to take a peak at your squeeze page/offer and throw you some ideas to get you started!
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  • Profile picture of the author MartinPlatt
    I have a question - why do you get them to opt in if you don't use their details? Do you know if people bounce away instead of opting in, as you could be losing customers, and getting no benefit from the list either?

    If you were promoting similar things to these people, I could understand it, but otherwise it just seems like you're creating work for yourself?

    To me, it would make more sense to only get buyers to opt in, as you know you have a shot at them buying from you again.

    Best thing to do is to put your prospects into one list, and your buyers into another.

    Your buyers are going to be easier to promote to, as they have already proven that they're willing to pay for something. So I'd start there. It shouldn't take long to see how things go, and if people are interested, however the process is a long term one, based on testing and tweaking...
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  • Profile picture of the author The Oilman
    Hey guys

    I appreciate everyone's help

    And I apologize that I didn't explain it better. Let me explain:

    Lets say that I am selling a product on how to write a best man speech, within 3 days of the wedding.

    But it isn't that -- that is just an example.

    Originally I had a speeding ticket ebook as the example, but the Best Man Example works better.

    Its a very "point in time" desperate need product, like that.

    Anyway, I have the sales pitch, and then a DOWNLOAD NOW button. If the button is clicked , it says "To access XYZ, enter your email below".

    It then routes them to the order form.

    Now, if they do not order on the order form, they receive an email saying "Where did you go?" etc. etc., and then a few days later it offers a discount, and then it even rolls into a super discount thing that is a 5 day sale or something.. something I learned from Frank Kern years ago.

    If they *do* order, then they are routed to a 2nd list.

    Now, I have done a split test that has shown that collecting that email before the order page works better than not doing it at all, and that is why I do it.

    But outside of that, collecting emails hasn't been too lucrative to me.

    And yes I do sell upsells, OTO's, and a back end CPA offer. But outside of this event (IE: best man speech), its been hard to sell other stuff.

    But I will have to re-read this thread and try to think of some new stuff. Thanks for all of your help.
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  • Profile picture of the author ronrule
    Hi, Mr. Mechanic, my name is The Oilman. My car is making a funny noise. Let's pretend it's a Ford. But it's not a Ford, it's something else. But if it was a Ford, how should I fix this damn noise?

    Dude, that's kind of what you're doing right now...

    I'm curious why you're hesitant to say what the real product is. You would probably get better answers if you did.
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  • Profile picture of the author RogueOne
    Ask them what they're interested in. After you follow up with a couple emails trying to sell your product, poll them.

    There has to be some common denominator.
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  • Profile picture of the author Lucian Lada
    The Oilman,

    What you're doing now doesn't resemble email marketing, it resembles tricking marketing. From the post here I see you're a nice guy, but your marketing tactics smell funny at best.

    Let's analyze your strategy a bit, shall we?

    You're a visitor, and you land on a similar website. You see a page describing a PDF or something saying how well you can write your best man's speeches, with no mention of price or any other clue that this PDF costs money (such money back guarantees, etc.).

    You then see an opt-in form saying "enter your email address" and click "download now".

    At this point, what do you think a visitor has in mind:

    a) Hmm, great! All I have to do is enter my email, and I'll probably receive it in my inbox in a few minutes, for free. Swell!

    b) Hmm, well, I think I'll be redirected to a sales page, even though there was no hint this will happen, and if I don't buy it, I suppose I'll get emails from now on trying to sell me the product.

    I think I've made my point clear.

    Can you see how flawed your strategy is? You, probably unintentionally (I hope!), mislead people into believing it's free. Well, that happened before, so even though I don't agree with it, and will never do it, it's not such a big problem.

    But, you then begin sending emails to them, out of the blue, without telling announcing them and you use a crappy strategy crapped out by crappy Frank Kern which basically is a big fat lie. I don't know the community's view on sending emails with a steeper discount each time, trying to get people into buying, but as a customer I think it's a quackery.

    Sorry for being so outspoken, and I really hope you did it because you've been mislead by Frank Kern* to do it, but you really need a big change of plans.

    Here's a basic formula a lot of people use: You set your website up as a sales page with price and everything, and you also have an opt-in with a free chapter or something like that, in which you pitch your product. Now you're a honest man.

    *I can't wait for lousy marketers who love and worship Frank Kern to defend him with silly arguments like "he makes millions, how much do you make?" etc.
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  • Profile picture of the author Neil.H
    Have you tried split testing, with a straight sales page and an exit popup?

    So anyone that buys, never see the popup and those that try to exit/close page, display the popup with an offer (discount/free 'something' etc) with an opt-in form.

    Then they are at least wanting to signup to your list, and probably won't be so miffed about giving their email to you.

    There are paid options out available, but here's a free option using jquery.

    Creating a Jquery Exit Popup - Tony Lea

    If you try it or anyone else does, should update the jquery version. The download is using an old version from the Google CDN (1.6.4 > update to 1.9.1 or 2.0.0).
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  • Profile picture of the author tinyreal
    Oilman if you want to partner with me I will write all the emails in a sequence style to bond with them and sell them more stuff. I promise.

    You throwing away 12k leads a month is insanity beyond words. Having too any leads is a first world problem. its impossible not to be able to monetize them. IMPOSSIBLE
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    Click here now for 10 Strategies to give you all the traffic you deserve absolutely free.
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