December, 2007 Meeting Results
Dale Daniel presented a class on Information Marketing to rave reviews!!
It is packed with examples and specific tactics
I've summarized his key points below.
Information Marketing Class Highlights
The 8-Step Niche Info Marketing Process
Find a passionate, responsive market
Generate a product idea that you think your market ALREADY WANTS
Test your product for “marketability”
Create your niche info product
Create your 1-page sales website
Drive traffic to your website
Test, track and tweak for continual improvement
Share successes, failures and lessons learned with the Internet Mastermind Group
Developing and Selling Niche
Info Products on the Internet – The OverviewPresented to:
Denver Internet Mastermind Group
12-12-07
by Dale Daniel
Dale Daniel - background
♦ Studying Internet Marketing for Years
♦ Bought “The Insider Secrets to Marketing Your Business on the Internet” 9+ years ago
www.MarketingTips.comMade about 15 Websites in last 3 years
Made Mistakes with Info Marketing Partners
~~~~~~~~~~
Resources:♦ Ed Dale and Frank Kern – The Underachiever Master System
♦ Jay Abraham – Various Publications
♦ Timothy Ferriss – the 4-Hour Work Week
♦ Cory Rudl – The Internet Marketing Center
♦ Roslind Gardner – The Affiliate Marketer’s Handbook
♦ Bill Hibble – The E-book Mastermind
♦ and a bunch of others!
~~~~~~~~~~
What? Someone said we get some FREE STUFF at this meeting tonight!!
What Do We Get??
Free Bonus Gifts:
PDF 995 – Converts documents to PDF
www.PDF995.com
Camtasia Software – creates videos of your computer screen
www.netprofitstoday.com/blog/download-camtasia-studio-3-for-free/
The 100 Greatest Headlines Ever Written - PDF
~~~~~~~~~~
ADVANTAGES of Info Products??
♦ It’s the INFO AGE! Info is in demand
♦ Info has a HIGH perceived value
♦ You can get in the Internet Marketing game quickly
♦ Generate Multiple Streams of Income
♦ Info can be digitized (downloadable)
Easy to automate
Easy to “scale”
~~~~~~~~~~
DISADVANTAGES of Info Products??
♦ Relatively easily “pilferable”
~~~~~~~~~~
What IS an Info Product??
♦ ebook
♦ Data
♦ Music
♦ Video
♦ Software
~~~~~~~~~~
What might an Info Product “look like??”
♦ Paper, Brochure
♦ CD
♦ DVD
♦ Electronic Download (from YOUR website!)
~~~~~~~~~~
The 8-Step Niche Info Marketing Process
~~~~~~~~~~
The 8-Step Niche Info Marketing Process
Find a passionate, responsive market
Generate a product idea that you think your market ALREADY WANTS
Test your product for “marketability”
Create your niche info product
Create your 1-page sales website
Drive traffic to your website
Test, track and tweak for continual improvement
Share successes, failures and lessons learned with the Denver Internet Mastermind Group
Step 1: Finding a Passionate,Responsive Market
The Passionate people we want:
- are irrationally interested in things
- have disposable income (credit cards)
- speak their own “jargon”
- have their own magazines
- worship their own “heros” and celebrities
- go to their own conferences and events
- have their own “subculture”
- are identifiable and accessible
Step 2: Generating Niche Product Ideas That
You Think Your Market ALREADY WANTS
- Generate ideas: Magazines, books, brainstorming, “hotpenning,”
educational courses, adult education courses, hobbies, other people’s
h
obbies, life problems, conferences, TV, trends, news, current affairs,
encyclopedia, wikipedia, phone book, dictionary, interview experts, etc, etc, etc.
-Surf the Internet:
Top-selling books and magazines
- www.Magazines.com
- www.MrMagazine.com
- www.Amazon.com
- www.ClickBank.com
Google
- Google Zeitgeist
- Google Sandbox
Yahoo
- Overture (pay per click search engine)
- Commission Junction
Adreporting
WordTracker
www.WordTracker.com
eBay
www.Download.com
Step 3: Testing Your Product for “Marketability”
Example:
EBook on “anxiety?”
Your Market Must Tell You YES to these questions …
~ Is your market interested in your potential product?
~ Is your market readily identifiable and reachable?
~ Will your market pay for your information?
Let’s start with Google
“anxiety”
55,900,000 organic listings
60 PPC Advertisers
Check out Google Pay Per Click Ads!!
You want:
~ 2 direct (PPC) competitors
~ 4 indirect competitors
“anxiety” is too broad
Check out Overture’s Keyword Selector Tool
http://www.Inventory.overture.com
Hmmm …
maybe “performance anxiety?”
797,000 “organic” listings
12 PPC Advertisers
BUT …
Are the PPC Advertisers any good??
Create a “Flycatcher Page”
- 1-Page website
- Promoted by Google Adwords
- States that you are thinking about creating an info product about ...
- If prospect were interested in an info product about that product,
what would they want to know, please send you questions.
- Offer prospects a free product if they send you questions
- Run Google Adwords Ad maybe 1 week
- Response Indicates Interest in Your Product
Example: Scrapbooking for Fun and Profit – Brett McFall
- ran google Ad 14 days
- received 30 questions on Flycatcher Page
- spent $14.67 on Pay Per Click ads
- decided to have product created by elance
Step 4: Creating Your Info Niche Product
- Make your own product (Yippeee!!)
- Joint Venture / Partner
- (www.BrookeAndCompany.com)
- (www.CalvinismCalmlyConsidered.com)
- www.elance.com
- www.RentACoder.com
- Info in Public Domain
- Affiliate Marketing
- Interview an expert
What’s BEST??
Maybe creating your OWN product - YOU get ALL the profit
(Yippeeeee, again!!)
example:
www.TeachYourParrotToTalk.com
Frank Kern?
$700 to have written by elance
$21,600 net profit a year
www.LabradorSecrets.com
Frank Kern
Generating $9600 profit a year
http://superaffiliatehandbook.com/
Roslind Gardner
Generating ??$$?? A Year
Step 5:Creating your 1-Page Sales Website
From Brett McFall
- Use acronym ....
B
U
R
P
I
E
S
Big Promise, Catchy Headline, ie:
“Who Else Wants … To COMPLETELY Get Rid of the DESPERATION of ANXIETY, in 30 Days or Less, Without Drugs?”
“They Laughed When I Became a Beekeeper, But You Should See Them Now!”
“If You’ve Ever Wanted to … Here’s a Quick and Easy Way To Do It With No Hassle, 100% Guaranteed!”
Use Imagination.
Appeal to sense of visualization … “Imagine stepping confidently onto the dance floor … “
Create pictures
Sell the “dream”
Rarity or Uniqueness (Unique Selling Proposition)
What is it about your product that is rare or unique?
Why should someone do business with YOU rather than someone else?
Points - Use many (maybe 50) Bullet Points to:
- speed your reader through your sales letter
- create immense excitement
- emphasize ONE point at a time
- spark curiousity
- “Five easy ways to … “
- “3 simple secrets for … “
Irresistible Offer
- Make your reader aware of the VALUE of the information in your product
- Don’t undersell yourself
- Sell hundreds of dollars “worth” of info for “only” a few dollars
- Give reasons why you are selling your VALUABLE info so “cheap” (a Holiday gift if you order today)
- Take the risk out of buying with 100%, no muss, no fuss, no BS, keep the free bonus information, GUARANTEE
Evidence
- Prove what you say is TRUE
- Testimonials (TV infomercials are 80% testimonials)
- Credentials
Sign Off
- Provide Call to Action, tell them to TAKE ACTION NOW, and WHY (special offer ends soon, limited quantity, etc)
- Use a P.S. to remind customer of the great deal in the offer (don’t mention price b/c some people jump to the P.S.)
Big Promise, Catchy Headline
Use Imagination, Build the “dream”
Rarity or Uniqueness (Unique Selling Proposition)
Points – use many specific, focused bullet points
Irresistable Offer, with many “freebies,” guarantee
Evidence, testimonials, credentials, “proof”
Sign Off, Call to Action, use P.S.
Example:
Brett McFall
www.scrapbookingprofits.com
Attach E-Commerce
- Pay Pal (www.paypal.com)
- 1 Shopping Cart (www.1ShoppingCart.com)
Create “Freebies”
- other info products
- affiliate or partner info products
- “old” info you no longer sell
- Google Answers
- Wikipedia
Step 6: Drive Traffic to Your Website
Pay Per Click Marketing
Google Adwords (start here!)
Yahoo Search Marketing
(formerly Overture, formerly GoTo.com)
Microsoft AdCare
Step 7: Test, Track and Tweak for Continual Improvement
- Google Analytics (free)
- your own web server logs
- Pay Per Click Conversion Rate
- Search Engine Ranking
Step 8: Share Successes, Failures and Lessons Learned with the
Denver Internet Mastermind Group
- Yep, we all learn, and improve!!
The 8-Step Niche Info Marketing Process In Review …
• Find a passionate, responsive market
• Generate a product idea that you think your market ALREADY WANTS
• Test your product for “marketability”
• Create your niche info product
• Create your 1-page sales website
• Drive traffic to your website
• Test, track and tweak for continual improvement
• Share successes, failures and lessons learned with Anita’s Internet Mastermind Group
Hmmm … now WHY was I interested in marketing info products on the Internet … ??
www.TennisElbowTips.com
Bosco – Internet Marketing Center
Generating $10,000 a month