Do you outsource you traffic generation?

16 years ago

Yes... Take those $200-300 and build a list of 200-300 subscribers. Then do some effective emailing to make back $1K or so from this list (Really easy... You just need twenty affiliate sales for a $100 product with a 50% commission)

Then take those $1000 and reinvest them into articles to get more traffic. I'd be happy if the monety spent could produce nearly a thousand more subscribers for me. Coz this time I'd make a hundred affiliate sales... And make $5K and so on.

And then I'd keep re- investing the money until I reach that stage where I was making $10K a month, and then completely outsource all the traffic generation.

Sounds funny, but I have done it this way in the past till the point I made $5K from the list per month and then outsourced the list building and traffic generation.

The idea is to build a countable tangible asset like a list that you can bank upon to produce cash on demand for you. Of course that depends upon a lot of things. And your value addition is the most imporant thing of these things.

-Lakshay

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Franck Silvestre

16 years ago

Awesome reply.

I like this.

Franck.

Originally Posted by lakshaybehl

Yes... Take those $200-300 and build a list of 200-300 subscribers. Then do some effective emailing to make back $1K or so from this list (Really easy... You just need twenty affiliate sales for a $100 product with a 50% commission)

Then take those $1000 and reinvest them into articles to get more traffic. I'd be happy if the monety spent could produce nearly a thousand more subscribers for me. Coz this time I'd make a hundred affiliate sales... And make $5K and so on.

And then I'd keep re- investing the money until I reach that stage where I was making $10K a month, and then completely outsource all the traffic generation.

Sounds funny, but I have done it this way in the past till the point I made $5K from the list per month and then outsourced the list building and traffic generation.

The idea is to build a countable tangible asset like a list that you can bank upon to produce cash on demand for you. Of course that depends upon a lot of things. And your value addition is the most imporant thing of these things.

-Lakshay

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matthewd

16 years ago

That's not a bad approach at all, but I think your numbers may be off a bit.

You would expect 100 sales from a list of 1,000 people? That's 10% of the list buying.

I am not saying it can not be done, but most of the really great marketers I have talked to and watched run promotions hit around a 1% mark... sometimes a bit over that.

Originally Posted by lakshaybehl

Yes... Take those $200-300 and build a list of 200-300 subscribers. Then do some effective emailing to make back $1K or so from this list (Really easy... You just need twenty affiliate sales for a $100 product with a 50% commission)

Then take those $1000 and reinvest them into articles to get more traffic. I'd be happy if the monety spent could produce nearly a thousand more subscribers for me. Coz this time I'd make a hundred affiliate sales... And make $5K and so on.

And then I'd keep re- investing the money until I reach that stage where I was making $10K a month, and then completely outsource all the traffic generation.

Sounds funny, but I have done it this way in the past till the point I made $5K from the list per month and then outsourced the list building and traffic generation.

The idea is to build a countable tangible asset like a list that you can bank upon to produce cash on demand for you. Of course that depends upon a lot of things. And your value addition is the most imporant thing of these things.

-Lakshay

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3 replies

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lakshaybehl

16 years ago

Originally Posted by matthewd

That's not a bad approach at all, but I think your numbers may be off a bit.

You would expect 100 sales from a list of 1,000 people? That's 10% of the list buying.

I am not saying it can not be done, but most of the really great marketers I have talked to and watched run promotions hit around a 1% mark... sometimes a bit over that.

Matthew, that really depends upon your relationship with your list. I have personally made 56 sales from a tiny list of 163 subscribers out of which 161 were customers who had purchased from me a $20 report. And yes, I admit, I did those in the past.

This required exactly 5 emails worth of promotions and free bonuses given to them like crazy. By the end of the promotion, I'm sure anyone who'd seen it would have been like... "I want my copy of XXX product".

In fact, I nearly gave them the entire business approach that was being recommended in that $197 product I wanted them to buy. In videos, PDF's, Masterminding transcripts, Audio MP3's and flowcharts, I gave them so much that they knew the method like the back of their hand... and would be crazy not to use it and make money. But I did not show them exactly how to do it... what tools to use, and that was what the product did. So I gfot a lot of sales.

-Lakshay

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matthewd

16 years ago

Them being customers changes it.

Not trying to dog on you at all, it's a solid plan, but your original post was referring to just subscribers and not customers. I could see it being done with a list of 200-300 customers... but not so likely with the 200-300 subscribers as originally mentioned.

Originally Posted by lakshaybehl

Matthew, that really depends upon your relationship with your list. I have personally made 56 sales from a tiny list of 163 subscribers out of which 161 were customers who had purchased from me a $20 report. And yes, I admit, I did those in the past.

This required exactly 5 emails worth of promotions and free bonuses given to them like crazy. By the end of the promotion, I'm sure anyone who'd seen it would have been like... "I want my copy of XXX product".

In fact, I nearly gave them the entire business approach that was being recommended in that $197 product I wanted them to buy. In videos, PDF's, Masterminding transcripts, Audio MP3's and flowcharts, I gave them so much that they knew the method like the back of their hand... and would be crazy not to use it and make money. But I did not show them exactly how to do it... what tools to use, and that was what the product did. So I gfot a lot of sales.

-Lakshay

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David-JP 16 years ago

Check out the WSO offers, I've bought article writing/submission, press releases, back-linking etc.. anything that isn't my core competency. Just make sure you check out the quality of the outsourcer. That's really the tricky part- finding good people.

David
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lakshaybehl

16 years ago

Originally Posted by matthewd

Them being customers changes it.

Not trying to dog on you at all, it's a solid plan, but your original post was referring to just subscribers and not customers. I could see it being done with a list of 200-300 customers... but not so likely with the 200-300 subscribers as originally mentioned.

Well, to be honest with you, it really is possible evenm if you have a list of 200 subscribers...

i mean come on... can't you follow up in a way that 20 of these people buy? Or even 10 of them buy?

That's just 5% conversion... People get that conversion rate with non-subscriber kind of tyraffic... Subscribers are much better.

Just try to implement and see... You'll be surprised... Pleasantly

-Lakshay

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matthewd

16 years ago

Dude, I didn't say it CAN'T be done... but it is very unlikely. If you have pulled off the 10% from a subscriber only list, then congrats.

5% is much more doable, but would still be a good achievement.

Taking into consideration that not even close to 100% of your list is going to even open the email, you are going to have to write some killer copy to be able to convert those numbers.

You are right, I would definitely be pleasantly surprised if this happened to me and I am not saying I would not aim for it... just being realistic, it's a bit high.

Originally Posted by lakshaybehl

Well, to be honest with you, it really is possible evenm if you have a list of 200 subscribers...

i mean come on... can't you follow up in a way that 20 of these people buy? Or even 10 of them buy?

That's just 5% conversion... People get that conversion rate with non-subscriber kind of tyraffic... Subscribers are much better.

Just try to implement and see... You'll be surprised... Pleasantly

-Lakshay

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Franck Silvestre

16 years ago

1% is very BAAD!

I've got more than 10% for some of my products... I only have a tiny list.

As for those 1%, it's more cold selling with adwords and other traffic methods.

Your list should convert at more than that (when you exclude subscribers who didn't open the email/or didn't receive it for any reason).

Franck

Originally Posted by matthewd

That's not a bad approach at all, but I think your numbers may be off a bit.

You would expect 100 sales from a list of 1,000 people? That's 10% of the list buying.

I am not saying it can not be done, but most of the really great marketers I have talked to and watched run promotions hit around a 1% mark... sometimes a bit over that.

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>> HOT WSO: Six Figure Solo Sellers <<

Winson Yeung said: "...Definitively A++ recommended WSO"
Kevin Riley said: "Franck, glad to see you bringing out MORE and MORE GREAT stuff"

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reapr

15 years ago

Originally Posted by matthewd

That's not a bad approach at all, but I think your numbers may be off a bit.

You would expect 100 sales from a list of 1,000 people? That's 10% of the list buying.

I am not saying it can not be done, but most of the really great marketers I have talked to and watched run promotions hit around a 1% mark... sometimes a bit over that.

For a highly targeted niche were there is very little competition 10-15% is not that unusual ... I know I have done it. There may be others who have had more success.

Typical list ... .5-2% I am happy with depending on the niche and competition.

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Clyde Dennis

16 years ago

Originally Posted by lakshaybehl

Yes... Take those $200-300 and build a list of 200-300 subscribers. Then do some effective emailing to make back $1K or so from this list (Really easy... You just need twenty affiliate sales for a $100 product with a 50% commission)

Then take those $1000 and reinvest them into articles to get more traffic. I'd be happy if the monety spent could produce nearly a thousand more subscribers for me. Coz this time I'd make a hundred affiliate sales... And make $5K and so on.

And then I'd keep re- investing the money until I reach that stage where I was making $10K a month, and then completely outsource all the traffic generation.

Sounds funny, but I have done it this way in the past till the point I made $5K from the list per month and then outsourced the list building and traffic generation.

The idea is to build a countable tangible asset like a list that you can bank upon to produce cash on demand for you. Of course that depends upon a lot of things. And your value addition is the most imporant thing of these things.

-Lakshay

Nice, thanks lakshaybehl!

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innocent07

Banned 16 years ago

Originally Posted by lakshaybehl

Yes... $200-300 and build a list of 200-300 subscribers. Then do some effective emailing to make back $1K or so from this list (Really easy... You just need twenty affiliate sales for a $100 product with a 50% commission)

Then take those $1000 and reinvest them into articles to get more traffic. I'd be happy if the monety spent could produce nearly a thousand more subscribers for me. Coz this time I'd make a hundred affiliate sales... And make $5K and so on.

And then I'd keep re- investing the money until I reach that stage where I was making $10K a month, and then completely outsource all the traffic generation.

Sounds funny, but I have done it this way in the past till the point I made $5K from the list per month and then outsourced the list building and traffic generation.

The idea is to build a countable tangible asset like a list that you can bank upon to produce cash on demand for you. Of course that depends upon a lot of things. And your value addition is the most imporant thing of these things.

-Lakshay

how exactly? what method wud u use to use $200-300 to make alist of 200-300 subscribers. ?

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HeavyShine

16 years ago

Social media/articles probably wont get you very quality traffic. Are you trying to make sales? Go PPC.

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redneckmark

Banned 16 years ago

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ripsnorta2 16 years ago

When you do get to the stage where you outsource your traffic generation, do you use a VA, or a business specialising in traffic?
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Glenn Grundberg

16 years ago

Originally Posted by redneckmark

Someone starting an online business should understand that while your online business will benefit from low costs in many areas this is often made up by the cost of advertisement. By not having a store front that people will drive by on a daily basis this means that your business cannot even be found unless it is advertised. Many large companies take advantage of the low costs of starting and maintaining a website and place that savings into a larger advertising budget.

Are you AKA Steve Cancel? WHY would you just cut and paste an article excerpt here? Are you that lazy/spammy that you just come here to waste space and whore a link?

Nice...Another low-post di*khead for the old ignore list.

LOL. Where are they COMING from!?

Read the rules, dude.

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dbarnum

16 years ago

A lot of Warriors outsource this with us. Links with more info follow:

Top Tasks We've Been Doing Lately:

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Client Testimonials:

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Warrior Ad with Feedback:

http://www.warriorforum.com/warriors...stwriting.html

..thanks for consideration

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Christopher R Everson

16 years ago

A lot of you are forgetting a basic business term.

Return on Investment.

I have a small side list of about 2,000 people.

Using a seven day launch sequence and my own product, I was able to sell a $97 product for a gross total of about $4000 or so.

However, it took me a lot of effort, a lot of hassle, and a LOT of time to get everything set up. It took a lot of planning, and left me drained. There was a lot of testing, just a lot of work in general.

I have another list about to hit 40,000 in the IM niche, and with one 5 minute email, I'll net anywhere from $600-$2,500 per promo, and I can do that 4+ times a week with no real downside.

The numbers are different, but I built the lists the same way.

I tried the big list you mail to all the time, and the small "buyers list" that I treat like gold.

The easy list wins everytime, everyway, in almost every aspect.

It's easier to build, easier to make money from, easier to maintain, easy, easy easy and makes more $. At the end of the day, thats usually whats on my mind.

On your average list, a 10% response would be INSANE.

On a pampered buyers list, 10% is unusual (for me), but obtainable.

I've said it before and I'll say it again, don't put a lot of faith in the calculator.

Scaling your business upwards and keeping profit margins high or equal can be a lot harder than just number crunching. It's easy to go from 1,000 to 5,000. Re-investing from 5,000 to 10,000 might be much more difficult.

There is a reason there are a lot of marketers with 300-500,000+ lists, but it seems like there aren't that many holding onto lists of 2,000,000+, and if it was that linear with "re-investing", you'd see that a lot more.

Outsourcing traffic is done best when you know exactly what you want done.

Do you want articles written? Find a guy that does that.

Do you need ppc help? Find a guy that does that.

Need SEO work? Look for that

I would very wholeheartedly stay away from any company that "does it all". They'll half ass everything and not get you results.