Solo Ad OTO Conversions

by JayKoh
23 replies
Hi Fellow Warriors,

So I ventured into List Building not long ago and have just finished my 5th 100 clicks solo ad campaign.

From these 500+ clicks, I got 300+ people to subscribe and see my OTO which is a $17 product about list building with a downsell for $7.

I spent a total of about $200 for these 500 clicks and made a total of $48 from OTO sales.

I understand that having a frontend OTO is meant for covering ad costs but I am trying to optimize my funnel such that I can, in most cases, profit from buying solo ads immediately.

With that said, I just wanted to know, on average, how much do you usually make back from solo ads from the OTO? Are you able to cover most of the costs or profit immediately?

Also, do you offer a refund policy for your OTO? (I currently don't mention anything about refunds on my OTO) And if so, how often do you see refunds?

Thanks for reading my very first post here and looking forward to hearing your inputs!

Jay
#conversions #oto #solo
  • Profile picture of the author Alex Blades
    I don't really use solo ads', since alot of the sellers out there are selling solo ads to their freebie seeking list's. I do think 300 subscribers for about $150 is pretty good. Most use $1 per subscriber as a good measuring stick.
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    • Profile picture of the author badlimey
      You might want to check out AllInclusiveads.com I have read tons of reviews and after wading through dozens of fake ones my conclusion is that they are worth a shot for $30.00.

      Basically it's an advertising co-op that you buy a share in. Don't take my word for it though do your own due diligence.

      I am not affiliated with that company. So I have nothing to gain here.
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      "Still Serving"

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  • Profile picture of the author JasonJames
    Try to make the oto like 5 dollars, or make it recurring. The pitch page is everything, some convert well and some don't. Try to make the offer match exactly what the solo email is saying.
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  • Profile picture of the author Marc Rodill
    What JasonJames said. The other thing to test is obviously raising your price. If it's a good product and the perceived value is high, you can often sell more by raising the price.

    Low prices on great products hurts credibility.

    You might not make a ton of profit, but you might cover your costs. Which is the bare minimum goal. But that's something to test for sure. This is one of those things you approach like a scientist.

    It's not very useful to ask people what they will pay for something. It's much more useful to ask them to pay for it. That will give you the real data you need.

    Marc
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    Long Lost Warriors! The Secret Sales System! Act Now! Buy Now! Right Now!
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    • Profile picture of the author JayKoh
      Many thanks for all your great suggestions!

      I will definitely be trying out both lower and higher price points as you guys have mentioned and see which one works best.

      I should probably look into learning some copywriting as well to improve my salespage conversions...
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      • Profile picture of the author JayKoh
        Originally Posted by Portlandrocks View Post

        Here is what I do to break even (often - not all the time):

        I buy the solo ad sellers lowest click offer and run that through to test conversions.

        If they don't convert but I am looking at the demographic and they are US/UK/AUS traffic, then I will try it again.

        If they don't convert AGAIN then I just go to another seller.

        Alternatively, if they do convert at a rate I like, I basically just buy as much as my budget can afford.

        One thing that I have been doing recently as well to predict being able to break even is that I have a link to a facebook group within the PDF that I am giving away. If I see that a lot of people are signing up to the FB group from the PDF on a small click order, then I know that at least this list is SERIOUS (somewhat) about making money and I could perhaps train them to become buyers - in that regard it becomes worth it to me.
        Thanks for sharing! Very cool stuff.

        I too have facebook links in my freebie PDF though it leads to adding me rather than joining a group. I should probably change that.

        By the way, to be able to break even most of the time is awesome. Would you mind sharing your funnel's pricing and whether or not you have a refund policy in place?
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  • Profile picture of the author gcbmark20
    Hi Jay,

    Unfortunately there has been an explosion of new solo ad sellers
    that seem to be in it just for the money rather than focusing on
    offering a RELIABLE SERVICE!

    I have seen many courses on "How To Build A Solo Ad Business"
    but many of the newcomers who are selling them are obviously
    just building any old washed out list & then selling them on for quick
    cash.

    Trust me when I say that there are still some fantastic sellers out there
    but finding them in this forest of sellers is proving tougher to pull off.

    You see, this can be off putting to a newcomer like yourself who is
    doing what he/she has been taught:

    1. Set up a FREE offer & capture email address

    2. Add a OTO & direct new subscriber to that offer as soon as
    they opt in.

    3. Follow up, create relationship, recommend products etc etc.

    So this doesn't necessarily mean that your funnel isn't good enough...

    ...it means that the traffic you've been purchasing is mainly only interested
    in grabbing your free offer and that's all.

    Always make sure YOU ask the solo ad seller some important questions
    before you buy from them like:

    1. How have you built your list?
    2. What niche(s) is your list mainly interested in?
    3. Do you send your ads to your buyers list too?
    4. How often do you update your list(s) with fresh subscribers?

    These will help you to sift out the honest sellers from the quick
    buck ones.

    Don't get discouraged by this & the more we all ask these questions
    & weed out the sellers who are dishonest, the quicker they'll STOP
    SELLING & we can all go back to buying from decent honest solo ad
    sellers once again.

    All the best

    Regards
    Gavin
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    • Profile picture of the author JayKoh
      Originally Posted by gcbmark20 View Post

      Hi Jay,

      Unfortunately there has been an explosion of new solo ad sellers
      that seem to be in it just for the money rather than focusing on
      offering a RELIABLE SERVICE!

      I have seen many courses on "How To Build A Solo Ad Business"
      but many of the newcomers who are selling them are obviously
      just building any old washed out list & then selling them on for quick
      cash.

      Trust me when I say that there are still some fantastic sellers out there
      but finding them in this forest of sellers is proving tougher to pull off.

      You see, this can be off putting to a newcomer like yourself who is
      doing what he/she has been taught:

      1. Set up a FREE offer & capture email address

      2. Add a OTO & direct new subscriber to that offer as soon as
      they opt in.

      3. Follow up, create relationship, recommend products etc etc.

      So this doesn't necessarily mean that your funnel isn't good enough...

      ...it means that the traffic you've been purchasing is mainly only interested
      in grabbing your free offer and that's all.

      Always make sure YOU ask the solo ad seller some important questions
      before you buy from them like:

      1. How have you built your list?
      2. What niche(s) is your list mainly interested in?
      3. Do you send your ads to your buyers list too?
      4. How often do you update your list(s) with fresh subscribers?

      These will help you to sift out the honest sellers from the quick
      buck ones.

      Don't get discouraged by this & the more we all ask these questions
      & weed out the sellers who are dishonest, the quicker they'll STOP
      SELLING & we can all go back to buying from decent honest solo ad
      sellers once again.

      All the best

      Regards
      Gavin
      Indeed that seems to be the case.

      I've joined some solo ad skype groups and it is starting to look as if traffic supply is outweighing traffic demand.

      As you've said, it really is important finding a reliable solo seller. Thanks for the tips! Really appreciate it
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  • Profile picture of the author drewfioravanti
    Sometimes you can make your spend back on the OTO offers. Sometimes. You need to test and tweak.

    Are you doing a soft pre-sell? Are you positioning the OTO to help the subscriber achieve what it is they are looking to achieve?

    Your back end should be strong enough to cover any losses you incur on the front end.
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    • Profile picture of the author JayKoh
      Originally Posted by drewfioravanti View Post

      Sometimes you can make your spend back on the OTO offers. Sometimes. You need to test and tweak.

      Are you doing a soft pre-sell? Are you positioning the OTO to help the subscriber achieve what it is they are looking to achieve?

      Your back end should be strong enough to cover any losses you incur on the front end.
      Yup, seems like there's going to be a lot of work involved. Seeing all these solo ad testimonials with people saying stuff like, "6 OTO Sales!" makes me really jealous haha.

      I've seen some talk about pre-selling but have no clue how to do that yet... Guess I'll have to get on to learning about it. After watching the video in your signature, I think I have a bit of an idea what pre-selling is though!

      Thanks a lot for your input!
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  • Profile picture of the author nicholasb
    making money on the OTO is great your goal is to generally break even in that process, and generate your profits in the follow up email you send.

    90% of your sales will come from the daily follow up emails you send..
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  • Profile picture of the author paul nicholls
    when it comes to solo ads i have always tried to squeeze out every last drop of profits from them and as quick as i can too

    if you can make back a lot of your investment back from your ad costs then you are building your list for almost free

    solo ads have got a lot harder to profit from over the last 12 months as ive been doing a lot of testing but you still can make them very profitable

    your oto/front end product does have to convert well and it has to be as closely matched to your free offer as you can

    also one of the biggest reasons why the results from sol ads are so poor is because most people allow the solo seller to create the swipe for them which is a big mistake

    you need to be using your own swipe so that you can prime/pre condition the traffic before they use a click up and go through to your page

    having a simple oto with 1 downsell just will not cut it these days, you need to be getting a much more profitable funnel in place

    i currently have a front end product, 2 upsells and a $1 membership downsell which is a recurring membership and i will soon be adding 2 more upsells to the mix too

    the fact is some people will spend hundreds so you need to have products there available for these types of people otherwise you are leaving massive amounts of money on the table and getting just one of these types of people out of every few hundred could quite easily be the difference between a campaign being a loss or nice profit
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    • Profile picture of the author JayKoh
      Originally Posted by paul nicholls View Post

      when it comes to solo ads i have always tried to squeeze out every last drop of profits from them and as quick as i can too

      if you can make back a lot of your investment back from your ad costs then you are building your list for almost free

      solo ads have got a lot harder to profit from over the last 12 months as ive been doing a lot of testing but you still can make them very profitable

      your oto/front end product does have to convert well and it has to be as closely matched to your free offer as you can

      also one of the biggest reasons why the results from sol ads are so poor is because most people allow the solo seller to create the swipe for them which is a big mistake

      you need to be using your own swipe so that you can prime/pre condition the traffic before they use a click up and go through to your page

      having a simple oto with 1 downsell just will not cut it these days, you need to be getting a much more profitable funnel in place

      i currently have a front end product, 2 upsells and a $1 membership downsell which is a recurring membership and i will soon be adding 2 more upsells to the mix too

      the fact is some people will spend hundreds so you need to have products there available for these types of people otherwise you are leaving massive amounts of money on the table and getting just one of these types of people out of every few hundred could quite easily be the difference between a campaign being a loss or nice profit
      Hi Paul, thanks for your advice!

      Actually one of the solo sellers I purchased from is one you recommended in your list of vendors (in avalanche). He brought me pretty good results!

      Also, I do actually have an upsell in place for $27, though no one has purchased it yet.

      By what you said here, "when it comes to solo ads i have always tried to squeeze out every last drop of profits from them and as quick as i can too" do you mean that your follow up sequence is mainly promotional offers rather than free content?

      I'd like to know more about follow ups too since even though I have been providing what I deem "good content", the open rates just drop drastically. From 25% open rate for the first follow up to like 5% by the third.
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    • Profile picture of the author lotsofsnow
      Originally Posted by paul nicholls View Post

      also one of the biggest reasons why the results from sol ads are so poor is because most people allow the solo seller to create the swipe for them which is a big mistake

      you need to be using your own swipe so that you can prime/pre condition the traffic before they use a click up and go through to your page
      That is true. You can not expect your offer to convert if the advertising message is optimized to get the highest number of clicks.

      If you buy solo ads based on clicks you will most likely never break even or create a profit.

      Solution:

      Go in communication with the solo ad seller and find out how much he usually makes on average per mailing. Many solo ad sellers mail several times in order to get the promised number of clicks.

      What you want to find out how much they actually make per mailing and then offer them a deal where you pay them just for the mailing.

      Ideally you might be able to convince them to mail your swipe and you would still pay per click but you should expect to pay a little more.

      The solo ad seller wants to make money. Very simple. If they can make the same money if they mail your swipe, they will be happy to do it.

      If the subscribers see your swipe you have a fair chance to get your conversions. And if your conversions are not high enough you can tweak it.

      HP
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      Call Center Fuel - High Volume Data
      Delivering the highest quality leads in virtually all consumer verticals.

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      • Profile picture of the author JayKoh
        Originally Posted by hpgoodboy View Post

        That is true. You can not expect your offer to convert if the advertising message is optimized to get the highest number of clicks.

        If you buy solo ads based on clicks you will most likely never break even or create a profit.

        Solution:

        Go in communication with the solo ad seller and find out how much he usually makes on average per mailing. Many solo ad sellers mail several times in order to get the promised number of clicks.

        What you want to find out how much they actually make per mailing and then offer them a deal where you pay them just for the mailing.

        Ideally you might be able to convince them to mail your swipe and you would still pay per click but you should expect to pay a little more.

        The solo ad seller wants to make money. Very simple. If they can make the same money if they mail your swipe, they will be happy to do it.

        If the subscribers see your swipe you have a fair chance to get your conversions. And if your conversions are not high enough you can tweak it.

        HP
        The email swipe is indeed very important I would say.

        I have realized that the email swipe provided to the solo seller should not be generic since your clicks will not be targeted. So I always provide my own swipe to them and tell them to use it. (Though I don't know if they actually do use it)

        As of now, I probably won't be buying full mailings to lists as I haven't optimized my funnel as much as I'd like yet. So perhaps once I have gotten everything to convert better I would consider doing that.

        Thanks for your suggestions!
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  • Profile picture of the author shafinazahra
    I find that you do have to keep up with the follow ups... sometimes you'll make your money back, but sometimes it does take the extra effort... some people just don't purchase on whim.

    I'd set up a series of e-mails and let your autoresponder do the work.

    And as someone mentioned in the earlier post, it's a good idea to run a product that has a membership system - recurring income is always the best idea
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    successwithshafina.com

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    • Profile picture of the author Patrick S
      I found that with solo ads, you almost never make your money back in total unless you are receiving very high quality and targeted traffic. The main purpose is to create a list of subscibers that you can later market to.

      You won't make tons of sales right away unless your offer is exactly what they need, they will most likely opt in for freebies. The key is to build a solid relationship with your existing list asap. Thats where you will make your money.
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    • Profile picture of the author JayKoh
      Originally Posted by shafinazahra View Post

      I find that you do have to keep up with the follow ups... sometimes you'll make your money back, but sometimes it does take the extra effort... some people just don't purchase on whim.

      I'd set up a series of e-mails and let your autoresponder do the work.

      And as someone mentioned in the earlier post, it's a good idea to run a product that has a membership system - recurring income is always the best idea
      Hi Shafina, thanks for your advice!

      I do have an autoresponder sequence in place but open rates seem to be extremely low by the 3rd email follow up. Do you experience the same?

      This way it seems as if it would be pretty difficult to get sales from the follow up sequence. (I personally haven't gotten any sales yet from my follow ups, though my subs have only gone through about 5 days worth)
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  • Profile picture of the author Ali Chowdhry
    Hey Jay,

    Just in relation to your campaign. The number of clicks being 500 may not be enough to determine how well your offer is. Ideally you would send your campaign to a large audience of 1000 clicks or above and that should in-cooperate split testing

    Is there a chance to see your copy to determine any factors which may not be helping with your conversions? The refund policy is ideal as this gives the consumer protection.

    So would be great if we could see your sales page image for both including OTO. Also do you have reviews and testimonials? People want social proof. What is the price point for the front end?

    The most important element though is your LIST. So I would consider offering your subscribers free content , Content of real value. Whether a breakdown of your OTO and send that to you’re the subscribers who didn’t make a purchase of your product or you could additionally create a PowerPoint presentation ( Record using camtasia and place on YouTube) of again a breakdown of that product or some techniques offering real value.

    By over delivering this will also insure you build a relationship with your list. So if they think WOW you’re really giving away meaty content full of value, they will be like I can only imagine what your product will be like.

    Another strategy may be – With the list you have – build a relationship / or alternatively send them questionnaires, ask them what they want, Feedback and then tailor make the product to include what your customers want them offer them the updated product. You could also invite them to a webinar. Webinar would be a great way of making serious conversions.



    Imagine if even 100 people turned up out your 300 for example and you offered training via Skype – personal coaching for $99. Now only 30 go for your service that’s $2,970

    So many methods you can use for this. So even using questionnaires, you can get in to the mind of the prospect and create a webinar around what they WANT and offer them a service that will be too irresistible to refuse.

    Hope this is insightful

    Ali
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    • Profile picture of the author TerranceCharles
      Good stats And remember, that's 300+ subscribers you've added to your list, so it's still a win-win. What I do to offset solo ads is to find a high ticket OTO. It's good to make 3 or 4 $17 sales, but just imagine if you make 1 or 2 $97 - $197 sales, you'll break even. Then, you can leverage that money right back into more solo ads. This has been working for me, sometimes you'll make some, sometimes you won't - but you've added more subscribers and if you monetize your back-end follow up emails, you can pull more sales in after.
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      • Profile picture of the author JayKoh
        Originally Posted by TerranceCharles View Post

        Good stats And remember, that's 300+ subscribers you've added to your list, so it's still a win-win. What I do to offset solo ads is to find a high ticket OTO. It's good to make 3 or 4 $17 sales, but just imagine if you make 1 or 2 $97 - $197 sales, you'll break even. Then, you can leverage that money right back into more solo ads. This has been working for me, sometimes you'll make some, sometimes you won't - but you've added more subscribers and if you monetize your back-end follow up emails, you can pull more sales in after.
        Wow cool stuff man!

        I should probably try making the price point of my OTO higher... Do you use an affiliate product or one you created yourself?
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    • Profile picture of the author JayKoh
      Originally Posted by Ali Chowdhry View Post

      Hey Jay,

      Just in relation to your campaign. The number of clicks being 500 may not be enough to determine how well your offer is. Ideally you would send your campaign to a large audience of 1000 clicks or above and that should in-cooperate split testing

      Is there a chance to see your copy to determine any factors which may not be helping with your conversions? The refund policy is ideal as this gives the consumer protection.

      So would be great if we could see your sales page image for both including OTO. Also do you have reviews and testimonials? People want social proof. What is the price point for the front end?

      The most important element though is your LIST. So I would consider offering your subscribers free content , Content of real value. Whether a breakdown of your OTO and send that to you're the subscribers who didn't make a purchase of your product or you could additionally create a PowerPoint presentation ( Record using camtasia and place on YouTube) of again a breakdown of that product or some techniques offering real value.

      By over delivering this will also insure you build a relationship with your list. So if they think WOW you're really giving away meaty content full of value, they will be like I can only imagine what your product will be like.

      Another strategy may be - With the list you have - build a relationship / or alternatively send them questionnaires, ask them what they want, Feedback and then tailor make the product to include what your customers want them offer them the updated product. You could also invite them to a webinar. Webinar would be a great way of making serious conversions.



      Imagine if even 100 people turned up out your 300 for example and you offered training via Skype - personal coaching for $99. Now only 30 go for your service that's $2,970

      So many methods you can use for this. So even using questionnaires, you can get in to the mind of the prospect and create a webinar around what they WANT and offer them a service that will be too irresistible to refuse.

      Hope this is insightful

      Ali
      Thanks a lot for your advice Ali! It definitely was insightful.

      Seems like the best way to maintain high open rates with leads from solo ads would be to really overdelivery on the freebie gift/course. Gotta get right on to that as well.

      There's just SO MUCH STUFF TO DO!

      I might consider setting up sort of coaching program, but only once I have the success to show for it haha :p
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