Making millions with sheer honesty!

by ishanr
22 replies
Hi Warriors,

I wanted to write a quick post on the way I have always approached IM. Let me know if you think similarly...

1. IM is all about finding solutions to problems.

2. The more targeted and specific your solution is, the higher you can charge.

3. Being honest is the greatest strength of an internet marketer.

4. Understanding who your customer is and where she hangs out is the greatest thing you can learn as an IM.

5. Squeeze pages, offers, split tests and everything else comes only after you know exactly what solution you are providing.

6. The more friends you have in IM, the higher your chances of success.

7. The people who make the highest money are usually the ones who are the first adopters and the fastest adapters.

8. A list is your greatest asset.

9. Making plans and doing something everyday is the most important thing.

10. IM is the most exciting and interesting way to live life, not just make money...
#honesty #making #millions #money #sheer
  • Profile picture of the author KevL
    1. IM is all about finding solutions to problems.
    >>IM is all about marketing - online. I suppose you can say everything is about finding solutions, but when it boils down to it, web marketing is about marketing.

    2. The more targeted and specific your solution is, the higher you can charge.
    >>Not necessarily, there's a lot more to it than that.

    3. Being honest is the greatest strength of an internet marketer.
    >>Ha!! There's a laugh... Go read the sales copy of some of the words best marketers, and then tell me if you still think that... Honesty is certainly a strength, I agree with that, and long term I don't think anyone can be truly successful in any industry without the kind of reputation which comes from developing real integrity.

    4. Understanding who your customer is and where she hangs out is the greatest thing you can learn as an IM.
    >>Well it's certainly important!! There are lots of important elements of being a good marketer, but yeah of course knowing who you're targeting and how to target is certainly one of them.

    5. Squeeze pages, offers, split tests and everything else comes only after you know exactly what solution you are providing.
    >>Yup of course.

    6. The more friends you have in IM, the higher your chances of success.
    >>Hmmmm, not sure I agree. Depends on who your friends are, and what action you take together.

    7. The people who make the highest money are usually the ones who are the first adopters and the fastest adapters.
    >>Sounds like a cliche... maybe it's true, some cliche's are.

    8. A list is your greatest asset.
    >>one of, for sure!

    9. Making plans and doing something everyday is the most important thing.
    >>Certainly helps. Although I rank breathing, eating, drinking and sleeping as being up there on the list of importance

    10. IM is the most exciting and interesting way to live life, not just make money...
    >>Hmmmm, possibly. How long you been at it? It's just business, online. Comments like this are often made by people who are very new to web marketing and still think it's glamorous
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    • Profile picture of the author ishanr
      Originally Posted by KevL View Post

      1. IM is all about finding solutions to problems.
      >>IM is all about marketing - online. I suppose you can say everything is about finding solutions, but when it boils down to it, web marketing is about marketing.

      2. The more targeted and specific your solution is, the higher you can charge.
      >>Not necessarily, there's a lot more to it than that.

      3. Being honest is the greatest strength of an internet marketer.
      >>Ha!! There's a laugh... Go read the sales copy of some of the words best marketers, and then tell me if you still think that... Honesty is certainly a strength, I agree with that, and long term I don't think anyone can be truly successful in any industry without the kind of reputation which comes from developing real integrity.

      4. Understanding who your customer is and where she hangs out is the greatest thing you can learn as an IM.
      >>Well it's certainly important!! There are lots of important elements of being a good marketer, but yeah of course knowing who you're targeting and how to target is certainly one of them.

      5. Squeeze pages, offers, split tests and everything else comes only after you know exactly what solution you are providing.
      >>Yup of course.

      6. The more friends you have in IM, the higher your chances of success.
      >>Hmmmm, not sure I agree. Depends on who your friends are, and what action you take together.

      7. The people who make the highest money are usually the ones who are the first adopters and the fastest adapters.
      >>Sounds like a cliche... maybe it's true, some cliche's are.

      8. A list is your greatest asset.
      >>one of, for sure!

      9. Making plans and doing something everyday is the most important thing.
      >>Certainly helps. Although I rank breathing, eating, drinking and sleeping as being up there on the list of importance

      10. IM is the most exciting and interesting way to live life, not just make money...
      >>Hmmmm, possibly. How long you been at it? It's just business, online. Comments like this are often made by people who are very new to web marketing and still think it's glamorous
      Been quite a while...
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  • Profile picture of the author talfighel
    Originally Posted by ishanr View Post

    8. A list is your greatest asset.
    Not for everyone. I don't agree with that. 3 years ago, I would but not today. Today there are so many lists out there that you will be sure that 95% of your current subscribers are on someone else's list too.
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    • Profile picture of the author Ben Gordon
      Originally Posted by talfighel View Post

      Not for everyone. I don't agree with that. 3 years ago, I would but not today. Today there are so many lists out there that you will be sure that 95% of your current subscribers are on someone else's list too.
      It matters what niche you're in. If it's in the IM niche, then yes, you're right. Go to other niches and you'll find that you get very responsive subscribers.
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  • Profile picture of the author kencalhn
    one key to success is always be honest, be genuinely capable expert in what you're offering to your marketplace. be of genuine value to a lot of people, not just a marketeer out to hustle money with big launches
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  • The same can be said for giving people something for free, and options to donate/pay for something should they choose. A good example is League Of Legends. The bulk of the game is free, however you can purchase skins for small amounts (cents/dollars). They make millions just through that monthly!

    Not many employ this tactic, because it requires a lot of upfront work, and you can never guarantee success further on, but in most cases if the product is good (despite being free), it does extremely well and sets you up for a bright future with your followers.

    **EDIT** I'm not even on about free reports. I mean full solutions, ones that you'd charge people high 2, 3 or 4 figures for, laid out for free to everyone.
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    • Profile picture of the author ishanr
      Originally Posted by Jason Perez O'Connor View Post

      The same can be said for giving people something for free, and options to donate/pay for something should they choose. A good example is League Of Legends. The bulk of the game is free, however you can purchase skins for small amounts (cents/dollars). They make millions just through that monthly!

      Not many employ this tactic, because it requires a lot of upfront work, and you can never guarantee success further on, but in most cases if the product is good (despite being free), it does extremely well and sets you up for a bright future with your followers.

      **EDIT** I'm not even on about free reports. I mean full solutions, ones that you'd charge people high 2, 3 or 4 figures for, laid out for free to everyone.
      Great point made. Even the app producers are these days going for such tactics. Any ideas on how we can do the same in IM?
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      • Originally Posted by ishanr View Post

        Great point made. Even the app producers are these days going for such tactics. Any ideas on how we can do the same in IM?
        Give all your money making courses or information for free, everything! Use the list or followers you grow to promote future products or services that automates the free method you've given.

        For example, let's use the 100k adsense blueprint as an example. Imagine if they were to give their whole guide for free (but you have to opt-in), but advertised that they were providing services to build out successful sites for people (at a high price), people would pay.

        There are services that have used this method, social monkee being one. They gave away their service for free at first, now they've added higher packages for those who want them, but their free service stayed. Same for onlywire.

        This wont work for IM'ers who provide manual services for people, but it does work with systems you've had coded that do everything automatically.

        What I mean by manual is those who build sites for people, or write articles. You can't give those services for free because you're using up a lot of useful time. However, you can give away your methods for building out a site like the ones you provide for free, then promote that service via that.

        It's already being done by quite a few services/IM'ers successfully, like the ones mentioned above.
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        • Profile picture of the author ishanr
          Originally Posted by Jason Perez O'Connor View Post

          Give all your money making courses or information for free, everything! Use the list or followers you grow to promote future products or services that automates the free method you've given.

          For example, let's use the 100k adsense blueprint as an example. Imagine if they were to give their whole guide for free (but you have to opt-in), but advertised that they were providing services to build out successful sites for people (at a high price), people would pay.

          There are services that have used this method, social monkee being one. They gave away their service for free at first, now they've added higher packages for those who want them, but their free service stayed. Same for onlywire.

          This wont work for IM'ers who provide manual services for people, but it does work with systems you've had coded that do everything automatically.

          What I mean by manual is those who build sites for people, or write articles. You can't give those services for free because you're using up a lot of useful time. However, you can give away your methods for building out a site like the ones you provide for free, then promote that service via that.

          It's already being done by quite a few services/IM'ers successfully, like the ones mentioned above.
          Super Awesome!!!!
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  • That is one of my main principles is to be completely honest in this industry. No good can come from distrust. Trust is the key in the IM industry in my opinion.
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  • Profile picture of the author jgant
    6. Yes, having friends in IM can help, but it's not necessary (I realize you don't state it's necessary). Many people go about building their online business with little or no contact with other marketers. I suppose you're referring to JV opps, which can't be argued ... but those contacts don't need to be friends and business relationships suffice.

    7. Every model I use to make money was not developed by me. I do pretty well. I use pretty basic models. While early adopters can do well, it's not necessary. Anyone can use an existing model and make a killing.

    8. A list isn't always a greatest asset. If you're into local affiliate marketing, killer SEO skills and an ability to adapt, adjust, and rebuild quickly is more valuable and local aff marketing can be very lucrative.

    I'm sure there are some 1,000,000 monthly visitor websites who would argue their site is their biggest asset. I'm playing devil's advocate because not all lists are all that valuable (I have a dud which I built with lousy methods).

    Overall though, you make great points. I'm just playing devil's advocate to keep the conversation going and provide a different POV.

    10. IM is the most exciting and interesting way to live life, not just make money...
    Yes, I totally agree. I love this gig.
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  • Nice post! The truth will set you free!
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    soon people... Relax...
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  • Profile picture of the author Larry Leggett
    Doing or try to learn something new is extremely important to become a successful Internet Marketer. Running after money will make you tired. When you will be skillful, money will run after you.
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  • Profile picture of the author roblawrence
    Your reputation is your greatest asset. And the list is probably your 2nd greatest asset. Everything else can flow from these two. Without a solid reputation, nobody's going to buy. And without a list, you have no one to market to.
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  • Profile picture of the author higherluv
    Originally Posted by ishanr View Post

    Hi Warriors,

    I wanted to write a quick post on the way I have always approached IM. Let me know if you think similarly...

    1. IM is all about finding solutions to problems.

    2. The more targeted and specific your solution is, the higher you can charge.

    3. Being honest is the greatest strength of an internet marketer.

    4. Understanding who your customer is and where she hangs out is the greatest thing you can learn as an IM.

    5. Squeeze pages, offers, split tests and everything else comes only after you know exactly what solution you are providing.

    6. The more friends you have in IM, the higher your chances of success.

    7. The people who make the highest money are usually the ones who are the first adopters and the fastest adapters.

    8. A list is your greatest asset.

    9. Making plans and doing something everyday is the most important thing.

    10. IM is the most exciting and interesting way to live life, not just make money...
    2. Not so sure - I think it would depend on the niche and demand vs. supply.

    3. That plus preselling, persistence and love for what you do are some of them...

    6. Has mostly to do with trust. From a JV point of perspective as well as people familar with how good you are...

    7. No personal comment on that , but I do have to say that's true...

    8. Don't forget you have eyes, ears, a brain and a soul.

    9. Not so sure about that. The greatest things in life are the stuff that money can't buy...

    10. It may be a great way for you or me, but to each his own...
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