If I made you $1,000 would you give me $250?

47 replies
What if I came to you and said that I could make you $1,000 in net profit. Would you give me $250? You only had to give me the $250 if I actually made you the $1,000. Keep in mind you wouldn't have (theoretically) made that $1,000 if you didn't meet me. Would you do it?

What if you approached a business owner and pitched that too them. You told them that you are willing to work for free until they actually make money off of what you are doing. If you are confident in what you are doing then this shouldn't be a problem.

There is very little downside for the business owner since you are only making money if they make money. For you it is a lot of work up front, but the upside potential is massive.

For example, let's say that you are very good at direct mail and you know that business owners think direct mail is dead. You approach a plastic surgeon whose average sale is $5,000 and $4,000 (made up numbers) of that is net profit. They don't want to do a direct mail campaign, but you know they could get a pile of new clients by doing this. You guys agree that for each new sale you bring them you'll get 25% of net or in this case $1,000. So you set up everything and do the mailing. Of course everything is closely tracked so that you can record the results.

Out of this mailing the Surgeon gets 5 new clients which makes you $5,000 minus your cost to set up the mailing. Now what if he got 10 or 15 new clients?

Of course, this needs to be done for businesses with a high unit of sale. This would be a lot harder to do for bowling alley or movie theatre. Now imagine you could do this for a company with an average sale of $20k. It doesn't take many of these deals to start making very good money.

I wanted to give you guys another idea of how to use the talents that we have at our disposal. There are many other ways to make money than your standard monthly SEO contract.

Hope this gives you some ideas to go out and make a pile of money!

Sean
#$250 #contingency marketing #give #made #marketing
  • Profile picture of the author HBurner
    Thats a wonderful and innovative idea. Many people can tap the potential they have and offer all types of businesses to bring sales for them on commission basis.
    Thanks.
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  • Profile picture of the author Seantrepreneur
    Exactly, but in this case you can negotiate a much more aggressive commission since you are not an employee of theirs.

    Sean
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  • Profile picture of the author racso316
    Great concept. I've read that from Jay Abraham. The man loves his contingency deals. Lowers clients/prospects resistance and it's easier to land a deal that way, granted you have some time in your hands and proven marketing strategies that will make you a profit.

    I'm thinking of going contingency way as well. Heard both sides pros and cons though. Gotta test it out.
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    • Profile picture of the author Seantrepreneur
      Originally Posted by racso316 View Post

      Great concept. I've read that from Jay Abraham. The man loves his contingency deals. Lowers clients/prospects resistance and it's easier to land a deal that way, granted you have some time in your hands and proven marketing strategies that will make you a profit.

      I'm thinking of going contingency way as well. Heard both sides pros and cons though. Gotta test it out.
      Jay Abraham is actually my "god" haha not really, but kinda. The man is an absolute genius. They don't call him the 9.4 Billion dollar man for nothing.

      I would love to talk some contingency ideas with you if you ever wanted to bounce some ideas around.

      Sean
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  • Profile picture of the author racso316
    Haha. I keep telling everyone Jay is my idol, so we're on the same page. Should form a fan club or something... ok that might be pushing it.

    I actually want to do a hybrid fee-based/contingency like I read Jay used to do. He said he used to charge $20,000 for marketing execution (made up figure, don't remember the actual amount). So when he raised his price, and to make it more enticing and reachable, he said he offered his services for $15,000 (made up figure again) up front, and the rest would be contingency based. That way he's "cheaper" and he's giving the owner a "deal". But in reality, with his genius strategies, he'll make more money by making the owner a lot more money as well.

    We could exchange some ideas. I signed up on your mailing list by the way. I would love to hear your story. They're always uplifting, you know.
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  • Profile picture of the author Seantrepreneur
    Absolutely. I appreciate you signing up for it. My main goal is to force others to do what they want to do. I hate excuses and they sure as hell don't make any money.

    I'm working on something else too that I'll definitely contact you with later on along the same lines of helping warriors and others.

    Sean
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  • Profile picture of the author maxrezn
    I was thinking the same thing about an hour ago...weird. I signed up for your list too. I've been reading some of your posts and we think alike.
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  • Profile picture of the author link82
    Hey Sean,

    Very cool post indeed. You give example of direct mail, so now I'm thinking how I can apply it to SEO work/renting out sites & how'd that work.

    But really, the reason they'd be investing is to make that money back plus a lot more. Remind the prospect what you can do for them. Just like Sean's caught us here with his post title
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  • Profile picture of the author Seantrepreneur
    Just like Sean's caught us here with his post title
    People love seeing dollar signs. Remember that and you're already way ahead of most when writing headlines.

    Sean
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  • Profile picture of the author rambo9600
    I'm doing a version of that now, but I tweaked it.

    I have a 100,000 pc mailer going out in April. I charge my entire fee upfront for what I expect to make.

    I provide a telephone number on my mailer for customers to call. That call is forwarded to the small business owner. I SUBTRACT X Dollars for each phone call that is placed.

    I'm currently charging $2,500 for the piece I'm doing. I am charging $100 per phone call they receive, regardless of whether they close the deal or not.

    Many businesses do NOT answer their phone, it's pathetic how bad they really are. I'm not going to base MY income upon whether they answer the phone or if they Close the deal. Not my problem.

    With the forwarding service I use I know the callers Name, Address, Phone number and length of call. I also have the ability to record the conversation if needed.

    If I know a business normally closes 1 of every 4 calls and they make a $3,000 profit (minimum) then it's their job to answer the phone and close the deal.

    If they receive 25 calls from me and I charge $2,500 upfront then no money is returned. They should have closed at minimum 6 deals worth $18,000 in profit.

    If they get more than 25 calls then it's MY loss.

    If they only get 20 calls x $100 (my fee per call) then I rebate $500.

    I take away ALL the risk.

    If I decide to get rid of the client or he screws me over then I simply forward the phone number to a new client.

    If the client doesn't want my phone number and wants to use his own then he takes all the risk, no refunds, period.

    I make a small fortune working out of a home office, zero staff, and little work.

    BTW, direct mail doesn't work. People only use the internet.

    Originally Posted by Seantrepreneur View Post

    What if I came to you and said that I could make you $1,000 in net profit. Would you give me $250? You only had to give me the $250 if I actually made you the $1,000. Keep in mind you wouldn’t have (theoretically) made that $1,000 if you didn't meet me. Would you do it?

    What if you approached a business owner and pitched that too them. You told them that you are willing to work for free until they actually make money off of what you are doing. If you are confident in what you are doing then this shouldn’t be a problem.

    There is very little downside for the business owner since you are only making money if they make money. For you it is a lot of work up front, but the upside potential is massive.

    For example, let’s say that you are very good at direct mail and you know that business owners think direct mail is dead. You approach a plastic surgeon whose average sale is $5,000 and $4,000 (made up numbers) of that is net profit. They don’t want to do a direct mail campaign, but you know they could get a pile of new clients by doing this. You guys agree that for each new sale you bring them you’ll get 25% of net or in this case $1,000. So you set up everything and do the mailing. Of course everything is closely tracked so that you can record the results.

    Out of this mailing the Surgeon gets 5 new clients which makes you $5,000 minus your cost to set up the mailing. Now what if he got 10 or 15 new clients?

    Of course, this needs to be done for businesses with a high unit of sale. This would be a lot harder to do for bowling alley or movie theatre. Now imagine you could do this for a company with an average sale of $20k. It doesn’t take many of these deals to start making very good money.

    I wanted to give you guys another idea of how to use the talents that we have at our disposal. There are many other ways to make money than your standard monthly SEO contract.

    Hope this gives you some ideas to go out and make a pile of money!

    Sean
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    • Profile picture of the author SirThomas
      Originally Posted by rambo9600 View Post

      I'm doing a version of that now, but I tweaked it.

      I have a 100,000 pc mailer going out in April. I charge my entire fee upfront for what I expect to make. I'll make approx $60,000+ for one mail campaign.

      I provide a telephone number on my mailer for customers to call. That call is forwarded to the small business owner. I SUBTRACT X Dollars for each phone call that is placed.

      I'm currently charging $2,500 for the piece I'm doing. I am charging $100 per phone call they receive, regardless of whether they close the deal or not.

      Many businesses do NOT answer their phone, it's pathetic how bad they really are. I'm not going to base MY income upon whether they answer the phone or if they Close the deal. Not my problem.

      With the forwarding service I use I know the callers Name, Address, Phone number and length of call. I also have the ability to record the conversation if needed.

      If I know a business normally closes 1 of every 4 calls and they make a $3,000 profit (minimum) then it's their job to answer the phone and close the deal.

      If they receive 25 calls from me and I charge $2,500 upfront then no money is returned. They should have closed at minimum 6 deals worth $18,000 in profit.

      If they get more than 25 calls then it's MY loss.

      If they only get 20 calls x $100 (my fee per call) then I rebate $500.

      I take away ALL the risk.

      If I decide to get rid of the client or he screws me over then I simply forward the phone number to a new client.

      If the client doesn't want my phone number and wants to use his own then he takes all the risk, no refunds, period.

      I make a small fortune working out of a home office, zero staff, and little work.

      BTW, direct mail doesn't work. People only use the internet.
      Way to go RAMBO!!!
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    • Profile picture of the author RobbieT
      [QUOTE=rambo9600;5683423]I'm doing a version of that now, but I tweaked it.

      I have a 100,000 pc mailer going out in April. I charge my entire fee upfront for what I expect to make. I'll make approx $60,000+ for one mail campaign.

      I provide a telephone number on my mailer for customers to call. That call is forwarded to the small business owner. I SUBTRACT X Dollars for each phone call that is placed.

      I'm currently charging $2,500 for the piece I'm doing. I am charging $100 per phone call they receive, regardless of whether they close the deal or not.

      Hey Rambo,

      Love the concept.

      Hope you don't mind me asking but where do you get a 100,000 person list.

      Is this your own or one that you purchase ?

      If it's a purchase is it:-
      • the cost going to have an effect on the bottom line
      • a list that is targeted specifically at your clients area of business or a general but local area list
      To get $60k you would need to do 24 sales at $2500 and 24 sales from 100,000 = 2.4 sales per 10,000 if my math is correct.



      Is this the normal result you are getting?


      Thanks.


      Robbie T
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      • Profile picture of the author rambo9600
        [quote=RobbieT;5685260]
        Originally Posted by rambo9600 View Post

        I'm doing a version of that now, but I tweaked it.

        I have a 100,000 pc mailer going out in April. I charge my entire fee upfront for what I expect to make.

        I provide a telephone number on my mailer for customers to call. That call is forwarded to the small business owner. I SUBTRACT X Dollars for each phone call that is placed.

        I'm currently charging $2,500 for the piece I'm doing. I am charging $100 per phone call they receive, regardless of whether they close the deal or not.

        Hey Rambo,

        Love the concept.

        Hope you don't mind me asking but where do you get a 100,000 person list.

        Is this your own or one that you purchase ?

        If it's a purchase is it:-
        • the cost going to have an effect on the bottom line
        • a list that is targeted specifically at your clients area of business or a general but local area list
        To get $60k you would need to do 24 sales at $2500 and 24 sales from 100,000 = 2.4 sales per 10,000 if my math is correct.

        Is this the normal result you are getting? Thanks.

        Robbie T
        List are easy to get, however I don't use a list.

        I target areas via carrier route, zip codes and sub zip codes.

        I use EDDM, newspaper inserts and a few other methods.

        I can run up to 47 businesses from $1,997 to $3,497.

        I've never had anyone complain. It takes me about 6 weeks to put the whole program together and get mailed.

        I normally repeat the process every three months. Repeat customers are about 75%.
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        • Profile picture of the author SirThomas
          Originally Posted by rambo9600 View Post


          I use EDDM, newspaper inserts and a few other methods.

          ... I can run up to 47 businesses from $1,997 to $3,497.
          You actually put up to 47 businesses on ONE insert? Or am I missing something? Just checking ;-)

          Also, do you send all 100,000 pcs at the same time or over several weeks?


          Thomas

          PS. Shaun, I apologize for hijacking, but I had to ask this question!
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          • Profile picture of the author rambo9600
            [DELETED]
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            • Profile picture of the author SirThomas
              Originally Posted by rambo9600 View Post

              It's not the typical insert or flyer. I'm sending these 100k pcs over a period of two weeks. Don't want business owners getting swamped with calls.
              OK, I see. I think, with EDDM, you can even send a magazine type of mailing.

              Thomas

              PS. One more crazy question. Do you offer a different phone number to each business? Meaning, potentially 47 phone numbers? Thanx!
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        • Profile picture of the author dkbiz92
          [quote=rambo9600;5686071]
          Originally Posted by RobbieT View Post


          List are easy to get, however I don't use a list.

          I target areas via carrier route, zip codes and sub zip codes.

          I use EDDM, newspaper inserts and a few other methods.

          My Profit is $60,000, not gross. I can run up to 47 businesses from $1,997 to $3,497. I collect over $120,000 upfront, but then I spend up to $50,000 +/- to get my clients their fill of leads.

          I've never had anyone complain. It takes me about 6 weeks to put the whole program together and get mailed. But, I'm paid my $60,000 +/- upfront.

          I normally repeat the process every three months. Repeat customers are about 75%.

          Do you have the 47 businesses all on the same card or do you have a variety of different cards that are all sent out to 100,000 homes?

          Do all the businesses have a different number to contact for you to get paid as well?
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    • Profile picture of the author Brenden Clerget
      Originally Posted by rambo9600 View Post

      I'm doing a version of that now, but I tweaked it.

      I have a 100,000 pc mailer going out in April. I charge my entire fee upfront for what I expect to make. I'll make approx $60,000+ for one mail campaign.

      I provide a telephone number on my mailer for customers to call. That call is forwarded to the small business owner. I SUBTRACT X Dollars for each phone call that is placed.

      I'm currently charging $2,500 for the piece I'm doing. I am charging $100 per phone call they receive, regardless of whether they close the deal or not.

      Many businesses do NOT answer their phone, it's pathetic how bad they really are. I'm not going to base MY income upon whether they answer the phone or if they Close the deal. Not my problem.

      With the forwarding service I use I know the callers Name, Address, Phone number and length of call. I also have the ability to record the conversation if needed.

      If I know a business normally closes 1 of every 4 calls and they make a $3,000 profit (minimum) then it's their job to answer the phone and close the deal.

      If they receive 25 calls from me and I charge $2,500 upfront then no money is returned. They should have closed at minimum 6 deals worth $18,000 in profit.

      If they get more than 25 calls then it's MY loss.

      If they only get 20 calls x $100 (my fee per call) then I rebate $500.

      I take away ALL the risk.

      If I decide to get rid of the client or he screws me over then I simply forward the phone number to a new client.

      If the client doesn't want my phone number and wants to use his own then he takes all the risk, no refunds, period.

      I make a small fortune working out of a home office, zero staff, and little work.

      BTW, direct mail doesn't work. People only use the internet.
      I do something really similar, and I love the way you've laid it out. The entire rebate thing is great, I'm definitely going to implement that.

      Great, great, great. That's all I have to say about it.
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  • Profile picture of the author racso316
    Rambo, that's not Mr Numbnuts is it?
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    • Profile picture of the author rambo9600
      [DELETED]
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      • Profile picture of the author Chuck Avants
        The idea is sound. However what do you think it will cost to get 5 sales?
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        • Profile picture of the author Chuck Avants
          Red Cell I don't understand the "changing out the phone number the day before".
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    • Profile picture of the author talkgoldhyip
      Originally Posted by racso316 View Post

      Rambo, that's not Mr Numbnuts is it?

      Humor..
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  • Profile picture of the author redcell1
    Continegcy deals do work in several occasions.

    1.) You have the cash flow to sustain the marketing such.
    2.) You have a system to track/record calls, create reports and so forth.
    3.) You know what you are actually doing.

    I have several of these deals setup that are performance based. It makes selling not even an hassle when you tell them " You know what, I'll send you calls for the next X amount of days., and if you make money let's talk if not well we can part as friends"
    Then I foward the numbers to the client and from there the client sells themself. All I do is change out the number a day before. Why? Because if they actually made money they will call me wondering what happened. I then ask them if they made money, they say yes and they want to continue this. From there it's nothing more then asking them if they want to sign up (They say "yes" every time) and then the invoice is sent and once I'm paid I then redirect the number back to them.
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    Just here to see the shenanigans.

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  • Profile picture of the author NewParadigm
    How do you track the sales? Is it the honor system from the customer? Sounds like this is more than pay per call.

    I Like Reagan's approach, "Trust.....but verify"
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  • Profile picture of the author AndrewCavanagh
    Originally Posted by Seantrepreneur View Post

    What if you approached a business owner and pitched that too them. You told them that you are willing to work for free until they actually make money off of what you are doing. If you are confident in what you are doing then this shouldn't be a problem.

    There is very little downside for the business owner since you are only making money if they make money. For you it is a lot of work up front, but the upside potential is massive.

    There is no downside for the business owner and this may be a good way to get your first clients to work with.

    Some words of warning though.

    If you don't charge your clients a substantial fee upfront you're not forcing them to mentally calculate the real value of your service to them.

    Clients who haven't paid you upfront or who have paid next to nothing are almost always problem clients who don't respect your time or the real value of what you do.

    And it's really your fault because if you don't have the confidence to charge upfront you're not really showing respect for your time or the value of what you do either.

    There's another problem few people mention too.

    Even if you work with a client this way (and it's not easy) and make them some good profits often you won't get paid at all (they have no background of paying you and that's quite likely to continue) or you'll only get paid a fraction of what you should.

    To get paid exactly what you should you'll have to become a policeman and that's no fun at all.


    As I said it's a great way to work with a few clients if you haven't done that before but if you want clients who are a pleasure to work with and really respect you and your service charge them a substantial fee upfront.

    The only clients I'd consider pay per performance deals with are clients who've already paid me substantial fees multiple times in the past.

    Kindest regards,
    Andrew Cavanagh
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    • Profile picture of the author gvsridhar171
      Originally Posted by AndrewCavanagh View Post


      There's another problem few people mention too.

      Even if you work with a client this way (and it's not easy) and make them some good profits often you won't get paid at all (they have no background of paying you and that's quite likely to continue) or you'll only get paid a fraction of what you should.

      To get paid exactly what you should you'll have to become a policeman and that's no fun at all.

      As I said it's a great way to work with a few clients if you haven't done that before but if you want clients who are a pleasure to work with and really respect you and your service charge them a substantial fee upfront.

      The only clients I'd consider pay per performance deals with are clients who've already paid me substantial fees multiple times in the past.

      Kindest regards,
      Andrew Cavanagh
      I have had bitter experience following this practice earlier. They did earn money, but I wasn't paid. I took up the challenge of raising $50000 in 2 months for them and my share was 25% of this money. Prior to taking up the job, there was proper agreement between us. They didn't pay me and I could do nothing.

      I repeated this online too. I made 80 people earn money out of which I got paid by 30 of them. 50 people didn't pay me and I could do nothing.

      Now I have changed my strategy. I have started charging my fee upfront and people do pay up.

      I fully endorse Andrew Cavanagh's views. Get paid upfront for what you deserve.
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  • Profile picture of the author visimedia
    lol... what a funny question... but, yes, people will give you money if this concept is in your mindwhen you come to people and offer something.
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  • Profile picture of the author Seantrepreneur
    @rambo9600 You hijacked my thread!! haha jk Thanks for providing a real life example of how this can be done.

    This ins't a fantasy and there is no reason why others cannot do this and make some serious cash with it.

    As far as tracking, you can use some call tracing software that will record the phone calls to see where the leads goes. But yes there will need to be an absolutely rock solid contract in place before you start. It does help to use this strategy on a client that you already have that have a proven track record of making payments.

    Great comments!

    Sean
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  • Profile picture of the author TyErickson
    Awesome stuff! When I talk about lead generation people always wonder where they'll get the seed cash. My answer too is always get paid upfront.
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    • Profile picture of the author Seantrepreneur
      Originally Posted by TyErickson View Post

      Awesome stuff! When I talk about lead generation people always wonder where they'll get the seed cash. My answer too is always get paid upfront.
      Ty you really seem to have a hold of lead generation. This concept really isn't THAT much different because the business owner is paying on results. How much easier is it going to a business owner and saying "don't pay me anything until I give you results". At that point it should be just like shooting fish in a barrel.

      I would be extremely interested in your course if I wasn't such a busy man. I really see Lead Gen in our future, but I have too many things on my plate right now to take something else on. I'm sure whoever does sign up for it tho will benefit greatly! Good luck!

      Sean
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      • Profile picture of the author TyErickson
        Originally Posted by Seantrepreneur View Post

        Ty you really seem to have a hold of lead generation. This concept really isn't THAT much different because the business owner is paying on results. How much easier is it going to a business owner and saying "don't pay me anything until I give you results". At that point it should be just like shooting fish in a barrel.

        I would be extremely interested in your course if I wasn't such a busy man. I really see Lead Gen in our future, but I have too many things on my plate right now to take something else on. I'm sure whoever does sign up for it tho will benefit greatly! Good luck!

        Sean
        Hey, thanks for the kind words Sean. In my experience landing clients with no 'skin in the game' is easier but often the quality of the client sucks. It's a little harder to get clients who pay upfront but they are typically better quality.

        It also helps me to remain in control.

        Aside from that I typically use paid methods to get the leads so I'd really rather use their money to do this.

        When you are new at lead gen, I encourage people to not ask for money up front, instead I encourage them to use free methods to bring the leads. That way nobody risks anything. By far the easiest way to start like this is to find a customer with an email database that they aren't using. Set up an email campaign for them and track the leads. I've come across a lot of clients that have email databases of 3-4,000 people and have NEVER emailed them - not once.

        You can easily drive 20 leads per month off of this type of list. @$50 per lead, that's $1K per month for a couple of hours work and no risk on anybody's part. It's a great way to get started.
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  • Profile picture of the author xlfutur1
    I think Jay Abraham used to say something like "If I could bring you a dollar in new sales, would you give me back 25 cents?" The perception is that 25 cents is nothing, even though its the same as 250 dollars from 1000. Thanks for posting, I forgot about this great line!
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    • Profile picture of the author Seantrepreneur
      Originally Posted by xlfutur1 View Post

      I think Jay Abraham used to say something like "If I could bring you a dollar in new sales, would you give me back 25 cents?" The perception is that 25 cents is nothing, even though its the same as 250 dollars from 1000. Thanks for posting, I forgot about this great line!
      Yup, that's exactly right. Until this morning actually I used to listen to Jay Abraham's recorded seminars on my way to the office, but I've gone through them about 20 times now. So I switched to Think and Grow Rich the audio book version. I feel like listening to radio is a complete waste of time. I get some of my best ideas listening to others and applying what they teach it to my own life/business.

      Sean
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  • Profile picture of the author rolltide
    thanks for asking Thomas. I was wondering the same thing
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  • Profile picture of the author teemoney
    nice idea! unfortunately im not a sales ad writer but with some nice tweaking this can be made into a nice sales script.

    Best,
    Tee
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  • Profile picture of the author wieserd
    Banned
    I not only tried, but also applied that.

    There are several problems:
    1. You have to check your customer regularly if he IS finally making money.
    2. if you have a lot of customers, it's difficult to keep track. This is a lot of effort.

    Actually I'd rather have my product sold, and the money in my pocket, than time effort and no money.
    And it's about MAKING MONEY FAST, because otherwise you can't pay your bills...

    So the REAL DEAL is to actually get money, before selling it! (which is, in fact, difficult)

    So please, stay with "I deliver, you give me my money, bro!".
    Your customers will soon learn, that you are no guy to chit-chat with, and that they have to pay AT TIME OF DELIVERY.
    If you have a really good customer, and he's asking for special payment terms, give 1 week.

    Keeping track of every customer who HASN'T PAID is a lot of effort.
    You don't want to do bureaucracy-****.
    you want to SELL!

    So GO OUT AND DO IT!

    Best
    D
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  • Profile picture of the author SirThomas
    Well, I just realized that EDDM has a max 3.3oz limit. Magazine would be too heavy... :-(
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    • Profile picture of the author rambo9600
      [DELETED]
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      • Profile picture of the author SirThomas
        Originally Posted by rambo9600 View Post

        It depends upon the weight of your paper and the size.

        Don't give up.

        Keep asking me questions.
        OK. ;-)

        So, how did you managed to include 47 businesses on ONE EDDM qualified mailing piece? Are those ads the size of a business card? What mail format have you used?

        That should do it!


        Thomas

        PS. If you use 80# text gloss paper, each page weighs about 0.8 oz. With this scenario, you could only have 4 page (8 sides) magazine. That's with 8.5x11" dimensions. You'd need six ads on each page? Am I correct?
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        • Profile picture of the author rambo9600
          [DELETED]
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          • Profile picture of the author SirThomas
            Originally Posted by rambo9600 View Post

            Who said you have to use 80# text? Weight per page is no longer a factor when you have many pages. Single piece, yes.

            You can look at 70# enamel, 60#, 50#, 40# and 35#. Now you can add more pages. My ads are way bigger than a business card.
            Agreed. I used 80# as an example, because it's the most common magazine/catalog paper. But that's for rather high end catalogs not coupon type magazines...

            You can easily get away with 40# or 50#

            Thanks!


            Thomas
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  • Profile picture of the author PPC-Coach
    I'd pay you $500 if you generated me $1,000.

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  • Profile picture of the author HKSEO Jonbones
    25% is a pretty steep commission factor.

    How about 10%?
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    • Profile picture of the author nickdamodda
      Originally Posted by HKSEO Jonbones View Post

      25% is a pretty steep commission factor.

      How about 10%?

      LOL you're greedy. You wouldn't have the money to begin with ><
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      • Profile picture of the author Seantrepreneur
        Originally Posted by nickdamodda View Post

        What do you think affiliate marketing is? :p

        It is kind of like affiliate marketing only you aren't selling the products for them. You're setting up a new marketing strategy for the business to follow that they would not have have done or thought of on their own.

        For example, they don't think they need a website but you think they could make a killing from it. So you set one up, optimize it and agree that you will get 25% of sales from the website.

        That's just a quick example of one thing you could do. I do see the similarities to affiliate marketing though.

        Sean
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  • Profile picture of the author nickdamodda
    What do you think affiliate marketing is? :p
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  • Profile picture of the author Lina T
    I like the approach, however in my experience it has not been necessary as I have been able to talk enough people into putting the money up - I think the concern I would have in this process is whether the client is going to come through on my payment or argue about the money that was generated (oh that was this type of service and I am not profitable in that area of my business, so I can not pay you) ... it gets a little messy in my opinion and this sort of deal should be used only if you either trust the buyer, or can not get clients that pay for the service up front - definitely try for the up front payment first as in my experience, plenty of people are willing to pay it ...
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  • Profile picture of the author BillBert
    I know this was asked, but I did not see your answer.

    How do you track the sales?
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    • Profile picture of the author Seantrepreneur
      Originally Posted by BillBert View Post

      I know this was asked, but I did not see your answer.

      How do you track the sales?
      Great question, BillBert!

      This is tricky because there needs to be some serious tracking in place in order for you to get credit for all the sales. This can be done by tracking phone numbers that allow you to listen to the phone calls. Then you can follow up with the company on if those calls turned into sales. Whatever the tracking strategy is it needs to be in place and agreed to before you start working on anything.

      There also really needs to be a solid contract in place before you start. If the business is reputable they should be willing to pay you for your services since you are making them money before they pay you. With that said, ppl can get ugly when it comes to money so be careful.

      Contingency marketing isn't really a service that a novice marketer would want to get into. Especially since you are going to want to test and track marketing strategies that work. It might be something that you can try on a small scale with a long term client that you are comfortable with.

      Hope that somewhat answered your question.

      Sean
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  • Profile picture of the author maz1207
    Hi, this sound great but i don't have mailing lists, it's hard to get subscribers nowadays.
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