SeCretS oF internet entrepreneurS eXpoSed!
Transcription
SeCretS oF internet entrepreneurS eXpoSed!
moSt SuCCeSSFul internet entrepreneurS in tHe Country. ColleCtively tHey Have developed tHouSandS oF weBSiteS and Generated millionS in online SaleS every year. now, in one plaCe, you Can diSCover all oF tHeir SeCretS and learn How to Create your own internet empire.” in t H iS B ook y o u w i ll di SCo ver... 4 Dozens of different strategies to make serious money online 4 The fastest and easiest way to build a low-cost website that sells 4 Insider tips to reach the top of any search engine and generate serious web traffic 4 How to master pay per click advertising and tap into large overseas markets 4 The latest advancements in technology to fully automate email campaigns 4 How to generate free exposure through the magic of viral marketing 4 The future of the internet and how to ride the next big wave Fea tu ri n G wri tt e n m a t e r i a l By. . . S a ndy F orS t e r (WildlyWealthy.com) ´ J aS o n Ham (Uniforms.com.au) ma tt F r e e dma n (Redback Solutions) ´ a manda Clark S o n (eBay Expert) d a ni el tu r n e r an d m ar C l i n dSay (SEO Experts) ´ mitCHell Harper and e d d i e m aCH a al a n i (Interspire.com) ´ a ndrew and d aryl G rant (E-book Experts) w i l l Swa y n e (Marketing Consultant) ´ SaSCHa G riFFin (Pinklily.com.au) a nd r e w Cl aCy (Affiliate Marketer) ´ m ike rHo deS (WebSavvy.com.au) a d a m d avi S (Pay Per Click Specialist) ´ J oHn B erto ne (Conversion Strategist) ar i Ga l p e r (ChatWise.com) The ‘Secrets Exposed’ Series is proudly published by Dream Express Publishing. A division of Dream Express International Pty Ltd www.SecretsExposed.com.au ISBN: 978-0-9803087-0-9 Bh1399C1-PressProofs.indd 1 dream express SeCretS oF internet entrepreneurS eXpoSed! “tHiS Book takeS you up-CloSe and perSonal witH Seventeen oF tHe dream express SeCretS oF internet entrepreneurS eXpoSed! $881 OF FREE BONUS* GIFTS Featuring Amanda Clarkson Ari Galper Matt Freedman Andrew & Daryl Grant Sascha Griffin Will Swayne & more dale Beaumont witH SHaun StenninG & Foreword By Brett mCFall 11/9/07 11:45:19 AM Praise from readers of the ‘Secrets Exposed!’ series “We’ve all heard the saying, ‘Surround yourself with successful people’. A big thank you to Dale and the ‘Secrets Exposed!’ team for doing all the legwork and interviewing these successful entrepreneurs. The ‘Secrets Exposed!’ series has given me the opportunity to surround myself with these winners at my own pace, in my own time.” TC Lam – Strategic Investment Consultant “I have always been sceptical of any self help, motivational type of book, but when I came across your book Secrets of Female Entrepreneurs Exposed! I was so intrigued that I had to buy it. I devoured the book in an afternoon and re-read several of the inspirational stories four or five times. The book is beyond exceptional! If this doesn’t awaken the inner entrepreneur nothing else will!” Deanne Kemp “These ‘Secrets Exposed’ books have truly had an impact on my business and personal life since reading them. I found the format so easy to follow, and I learnt something new from every contributor. I have recommended these books to many of my friends and I am looking forward to future titles as I believe they will all hold secrets that will benefit me.” Sophie Kelsey – Budding businesswoman “The ‘Secrets Exposed’ series has become my bible. A secret Rolodex to all the most successful business minds. To be connected instantly to people who are doing and have done what you dream and strive to become is uplifting, inspiring and insightful.” Tania Menzies – Jelli Beanz International Nannies “Huge congratulations on an absolutely fabulous read. I couldn’t stop at one book, I had to go out and get the entire ‘Secrets Exposed’ series. These books are such an inspirational and practical read that I am telling everyone I know to get them. If you want to create anything you would love in your life, go out and get one. They won’t just sit on your shelf, Bh1399M-PressProofs.indb i 31/8/07 8:27:54 PM you’ll turn to them regularly for ideas, insights, and inspiration to create your own life dreams too. A small investment to make to have a wealth of information at your fingertips.” Alison Nancye – The Mermaid Project “This series were the first self-help books I ever read – before that I didn’t even know there was a ‘self-help’ section in the book store! They inspired me and opened my eyes to all the things I can be. I now achieve many goals – from not biting my fingernails to getting my Black Belt.” Kerstin Oberprieler – Student and 2nd Dan Taekwondo Black Belt “I have read all four of the current ‘Secrets Exposed’ series, and can’t wait for the next editions. I find these books inspiring and insightful. Dale has created something unique with all the wonderful ‘added value’ gifts throughout the books, which I have enjoyed receiving and benefiting from.” Lee Clark – Customer Love “The ‘Secrets Exposed’ series has been instrumental in allowing me to make a major mental shift about my business and sales. Each chapter is a separate inspiration and a clear reminder of the simple, daily action and persistence required to achieve success.” Nicole Seagren – VISION Finance Australia “These ‘Secrets Exposed ‘books have taught me a lot more than I learnt during my studies. The practical information and tips have opened my eyes to new ways of doing things. In addition to the books, receiving the free downloads was like continuing that education. I am amazed at how much I have learnt!” Brook York – Professional Athlete Bh1399M-PressProofs.indb ii 31/8/07 8:27:54 PM $881 OF FREE BONUS* GIFTS SECRETS OF INTERNET ENTREPRENEURS EXPOSED! DALE BEAUMONT WITH SHAUN STENNING & FOREWORD BY BRETT MCFALL Bh1399M-PressProofs.indb v 31/8/07 8:27:55 PM Disclaimer All the information, techniques, skills and concepts contained within this publication are of the nature of general comment only, and are not in any way recommended as individual advice. The intent is to offer a variety of information to provide a wider range of choices now and in the future, recognising that we all have widely diverse circumstances and viewpoints. Should any reader choose to make use of the information contained herein, this is their decision, and the contributors (and their companies), authors and publishers do not assume any responsibilities whatsoever under any conditions or circumstances. It is recommended that the reader obtain their own independent advice. FIRST EDITION 2007 Copyright © 2007 Dream Express International Pty Ltd All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior written permission from the publisher. National Library of Australia Cataloguing-in-Publication entry: Beaumont, Dale. Secrets of internet entrepreneurs exposed. 1st ed. ISBN 9780980308709 (pbk.). 1. Entrepreneurship - Anecdotes. 2. Electronic industries Planning. I. Title. (Series : Secrets exposed). 658.421 Published by Dream Express Publishing A division of Dream Express International Pty Ltd PO Box 567, Crows Nest, NSW 1585 Australia Email: [email protected] Website: www.SecretsExposed.com.au Distributed in Australia by Gary Allen For further information about orders: Phone: +61 2 9725 2933 Email: [email protected] Editing by Simone Tregeagle [[email protected]] Layout and typesetting by Bookhouse [www.bookhouse.com.au] Cover design by Jay Beaumont [www.thecreativehouse.com] Illustrations by Grant Tulloch [www.tullytoons.com.au] Printed and bound by McPhersons Printing [www.mcphersonsprinting.com.au] Bh1399M-PressProofs.indb vi 31/8/07 8:27:55 PM CONTENTS PREFACE 1 FOREWORD 7 INTRODUCTION 9 SANDY FORSTER AT TRACTING ABUNDANCE 13 JASON HAM ONLINE TO RETAIL 33 SASCHA GRIFFIN MARKETING VISION 51 WILL SWAYNE TEST AND OPTIMISE 71 AMANDA CLARKSON eBAY RULES 89 MITCHELL HARPER & EDDIE MACHAALANI SOFT WARE SOLUTIONS 111 MATT FREEDMAN STICKY GROW TH 131 ANDREW AND DARYL GRANT OUTSOURCE AND AUTOMATE 153 ARI GALPER SELLING WITH TRUST 173 DANIEL TURNER AND MARC LINDSAY GROW YOUR CONTENT 189 JOHN BERTONE SIMPLE CHANGES 207 ADAM DAVIS POWER OF ADWORDS 223 MIKE RHODES FOCUS MAT TERS 247 ANDREW CLACY AFFILIATE MARKETING 271 FINAL THOUGHTS Bh1399M-PressProofs.indb ix 287 31/8/07 8:27:55 PM P R E FA C E If I were in your position right now I’d be wondering if I really needed to read this section. However, if this is the first ‘Secrets Exposed!’ book that you’ve read, could I ask you to please resist the temptation to skip ahead, as I’d like to briefly share with you why this book has been created and how you can best use it to impact your life. When I was growing up I heard somewhere that there are two ways to live your life: the first is through ‘trial and error’ and the second is through ‘other people’s experience’. At the time I dismissed it as just another one of those sayings that sounds good, but doesn’t make much sense. Then, like most teenagers I finished school with stars in my eyes thinking, ‘This is great! My education is over – no more books, no more lectures, no more people telling me what to do’. How wrong I was. After a few months of bouncing around, not quite sure of what to do next, I stumbled across the idea of personal development and started to hear concepts such as: • • • • • Formal education will earn you a living, but self-education will make you a fortune. Work harder on yourself than you do on your job. You will be the same person five years from now, except for the people you meet and the books you read. Don’t wish that your job were easier, wish that you were better. You are your own greatest asset, so you must invest in yourself. Since November 2000, I have been totally committed to becoming my own most valuable asset. After attending hundreds of seminars, listening to thousands of hours of CDs and reading shelves of books, I have discovered Bh1399M-PressProofs.indb 1 31/8/07 8:27:55 PM 2 P R E FA C E that the people who truly succeed aren’t any smarter, better looking or harder working than anyone else – they just think differently and have learnt to incorporate different values into their lives. I am now in the very fortunate position of being able to travel internationally to present personal development seminars to teenagers and I am often asked, ‘What is the one thing you need to know to be successful?’ My answer is always the same: ‘The one thing that you need to know is that there is not one thing that you need to know to be successful’. I’ve learnt that success is multifaceted and that mastering one principle of success or area of your life isn’t going to take you to the top – the more you master, the more successful you will become. But if I did have to identify one of the most important success strategies, it would be this: ‘Find out what successful people do and do the same thing until you get the same results’. That’s what this book is all about. The only difference is, instead of you going out and finding successful people, we’ve brought them to you. You see, whatever you want in life, whatever you are shooting for, chances are that someone else is already living it. They have already invested years of their life and probably hundreds of thousands of dollars, they’ve made lots of mistakes, learnt from them and eventually succeeded. So why would you want to waste your own time, money and effort through ‘trial and error’ when you can fast-track your success by learning from ‘someone else’s experience’? As Sir Isaac Newton said, ‘If I have seen further it is because I have been standing on the shoulders of giants’. Every time you pick up a book, attend a seminar or interview a successful person, you are compressing years of life experience into a few hours. With any of the ‘Secrets Exposed’ books, you can multiply that by between twelve and seventeen people and you’re looking at around 250+ years of experience and wisdom ready and waiting for you. It won’t prevent you from making mistakes of your own, far from it, but it will help you to make more calculated and purposeful decisions, rather than big, misguided and ignorant ones. Bh1399M-PressProofs.indb 2 31/8/07 8:27:55 PM 3 P R E FA C E There is no shortage of information about how to achieve proficiency or even greatness in any area of life these days. Go to any bookstore or library and you’ll find the shelves sagging with titles from experts, all with their own theories and ways of doing things. But what I have discovered is lacking in almost all of these books is INSPIRATION. What’s missing is role models and mentors – the stories of people we can all look up to. People who started out exactly like you – with a dream in their hearts and with all the same fears and insecurities. Given the choice between reading a textbook or a dozen success stories about people who have actually done something, I’d take the success stories any day of the week. I’m not saying that theoretical information isn’t important, of course it is, but having presented hundreds of talks to all different types of audiences, I can confidently say that it’s always the stories that move people. It’s the whole, “If he or she did it, then so can I” that gets inside people’s hearts. When we’re inspired we get motivated and then we take positive action which leads to results. The ‘Secrets Exposed’ books are not intended to be a one-stop-shop. They are an introduction to the wealth of knowledge available to you and to some of the real success stories of people who have reached the top in their chosen field of endeavour. That’s why at the back of each book you will find most of the contributors’ contact details and some of their other products and services that are available to help you continue your journey. So, how did the whole idea for the ‘Secrets Exposed’ books come about? Well, in 1998, when I was around seventeen, my nan gave me a copy of a book titled Collective Wisdom, by Brett Kelly. In it were transcripts of faceto-face interviews with a whole lot of prominent Australian personalities. And it was a fantastic read. Since then I have seen a handful of random ‘success story’ books, but the challenge I find with most of them is that they are either transcripts of interviews, that never really make complete sense in the printed form, or they are written by writers who paraphrase someone else’s story. The result tends to be a diluted message that doesn’t really allow you to get a sense of the individual’s personality or character. Bh1399M-PressProofs.indb 3 31/8/07 8:27:56 PM 4 P R E FA C E In around 2001 I read my first Chicken Soup for the Soul book and realised that there were dozens and dozens of related titles designed to meet the needs of different people’s areas of interest. I thought that was pretty neat. It wasn’t until January 2004 that the ‘Secrets Exposed’ idea boiled over. I was in my hotel room in Singapore relaxing after six straight days of presenting to hundreds of teenagers. I was reflecting on the ideas that had been shared with them. One of the most important was to seek out those who have already achieved what you want and ask them lots of questions. I was plagued by the thought that only a small percentage would act on that very valuable advice and that most would never take the step due to a lack of confidence, fear of rejection or an inability to contact the people they needed. That’s when it hit me…‘What if I could find the people and put together a number of books covering a range of different areas?’ I knew it would take a lot of effort, so for the next three days, I sat in my hotel room and developed the basis of an entire system to make it happen. Based on my experience with other books, I decided that these books had to be non-time specific and be written (not spoken) by the people themselves. This way the answers would be planned and well thought-out, providing richer content and more interesting reading. I also wanted to make sure that there was an even balance between practical ‘how to’ information and inspirational stories that gave an insight into the highs and lows of people’s real journeys. I also wanted to ensure that a percentage of every book sold was donated to a charity relating to the nature of that particular book. When I arrived home I got into action. However, between working out of a tiny one-bedroom flat and trying to manage two other demanding businesses, my plans were a little slow in the beginning and I had to be resourceful. So I bought a plastic tub and turned the boot of my car into a mobile office! Anytime I could find a spare hour or two, I’d park myself at the gym or a nearby coffee shop and make calls from my mobile phone. Bh1399M-PressProofs.indb 4 31/8/07 8:27:56 PM P R E FA C E 5 Putting these books together has been both time-consuming and demanding, but it has also been a real privilege for me to have the opportunity to work with each of the people involved in the various books. Thank you, to each of you, for making it possible! Well, I think you’ve heard enough from me. Now it’s time for you to discover for yourself the wonderful wisdom contained in these pages. I hope that you enjoy the read as much as we’ve enjoyed putting it together. And who knows, maybe one day we will be reading your story? Dream Big! Dale Beaumont Creator of the ‘Secrets Exposed’ Series Sydney, Australia D OWN LOAD YOUR FR E E AU DI O G I FT Exclusive to readers of the 'Secrets Exposed' series… In this 1 hour 43 minute recorded interview, author Dale Beaumont intimately shares the inner workings of the 'Secrets Exposed' series. Discover in greater details how he came up with the idea, how he managed to secure personal interviews with over 200 of the countries most successful people and what he believes are some of the most important business and life principles from each of the books in the series. Simply visit the web page below and follow the directions to listen to or download the entire interview direct to your Notebook or PC. www.SecretsExposed.com.au Bh1399M-PressProofs.indb 5 31/8/07 8:27:56 PM FOREWORD Question: What’s this book really all about? Answer: Hope. Like it or not, the internet is coming. And fast. You can either choose to use the momentum of the internet like a surfer rides a wave, or let the wave wash over you. I suggest you learn to surf. Here’s why… All around you people who previously didn’t know how to, couldn’t afford to or just didn’t have the opportunity to are starting businesses because the internet makes it all possible. This is the new world. And what you are about to read is a fascinating collection of the best and most cutting-edge advice about how to start, run and market a business online. The internet allowed me to leave my boring 9-to-5 job and replace it with a $500,000 a year autopilot income working from home with no employees (and I holiday every eight weeks somewhere new in the world). This then allowed me to take the message to others. In fact, after teaching over 10,000 people in 13 countries how to do the same thing that I have, I know you need to know this stuff. Bh1399M-PressProofs.indb 7 31/8/07 8:27:57 PM 8 FOREWORD Ordinary people who were last year stuck in a dead-end job are today earning over $100,000 a year from home, and letting the internet do most of the work for them. I want you to read about Amanda Clarkson and how she created a $50,000 a month business on eBay without any prior experience. Write down copious notes from Andrew and Daryl Grant as you learn how they created a business from scratch and earned $US250,000 in their first year. Discover how to send masses of people to your site using the secrets of Adam Davis. This is the edge you need. And this is just scratching the surface. Every chapter has a new way for you to look at the future. So if you want to create similar results in your life, you are holding the right book in your hands. Prepare to be amazed, intrigued and inspired. Hope is back for the budding entrepreneur. And it’s riding a wave. You can do this too. Brett McFall Creator of over 11 internet businesses and co-creator of World Internet Summit (the world’s biggest internet business event). www.brettmcfall.com Bh1399M-PressProofs.indb 8 31/8/07 8:27:57 PM INTRODUCTION The internet… What comes to mind when you hear these words? Is it sending emails to loved ones on the other side of the globe, searching Google for footy scores and movie times, or a convenient way to pay another one of those dismal parking fines? For the people in this book, it’s a business vehicle more powerful than any other. Trillions of dollars flow through this medium every day and as one of our contributors said to us, ‘All you need to do is stick up a pipe and suck down as much money as you like’. Of course there are some who would say nothing is that easy. But then there are others who invested the time to learn the skills and have successfully put them into action. For these people it really is that easy. If you don’t agree with this sentiment now, you will by the time you have finished this book. You’ll discover that there are literally millions of people around the world that make a full-time living using the internet. Plus, you’ll learn about a new breed of entrepreneurs who are going after big ideas and experiencing exponential growth. Apart from the lure of fame and fortune, what else about an internet business is so appealing? Bh1399M-PressProofs.indb 9 31/8/07 8:27:57 PM 10 INTRODUCTION There is no need for a degree – you could be a school dropout or a 70year-old pensioner and still be up and running in your internet business within a matter of weeks. There is no start-up capital required – as long as you have an internet connection you can get started and grow your internet business organically. There is no need for staff – you can choose to do it all yourself if you wish or, as you will soon learn, expand by outsourcing jobs to virtual assistants. Access to a global market – latest statistics say that there are now 1.55 billion people online and that number is constantly growing. This is a hungry market for literally anything you can think of selling. Freedom and flexibility – you can choose your time and place of work, and your business is completely mobile. Now that you are feeling a sense of excitement, you might also be wondering, ‘Have I missed the boat?’ or ‘Is there still a chance for me?’ Are you kidding? Of course there is! But don’t take our word for it, turn to page 205 and start reading paragraph three. Seriously, there is more opportunity now than ever before! And for every benefit and opportunity the internet presents, there are just as many potential strategies or paths one can follow. Which brings us to the people in this book. In Secrets of Internet Entrepreneurs Exposed! we’ve assembled an amazing group of 17 achievers, who are eager to share their experiences and pass on what they’ve learnt. Each provides invaluable insights into their own business journey and loads of ‘how-to’ advice. As for the content, this book covers market research, product creation, business planning, website development, search engine optimisation, pay per click advertising, affiliate marketing, traffic generation, how to increase Bh1399M-PressProofs.indb 10 31/8/07 8:27:57 PM INTRODUCTION 11 conversion rates, e-commerce, split testing, software development, business automation, extension products and much, much more. It is also worth mentioning that the material in this book will greatly assist both the beginner looking to make their start through the internet, and the seasoned entrepreneur looking to dramatically increase their online profitability. To further assist you in your own endeavours, a number of contributors have also very generously offered valuable gifts to all of our readers. To receive them, all you need to do is visit the specified website provided and then follow the steps to download the bonus gifts – absolutely free. At the back of the book we have included the contact websites of every contributor. You’ll discover that a number of them have their own books and educational materials, which we strongly endorse and encourage you to investigate further. Finally, as we say at the end of every ‘Secrets Exposed!’ introduction … remember it’s what you do after you read this book that is going to determine its real value to you. So, go out there, apply what you’ve learnt and when you reach a goal – no matter how big or small – let us know so we can share your success story. ENJOY! Dale Beaumont and Shaun Stenning Email: [email protected] Bh1399M-PressProofs.indb 11 31/8/07 8:27:57 PM TEST AND OPTIMISE Test And Optimise W I L L S WAY N E I f yo u r we b s i te i s n o t p e r fo r m i n g, t h e re a re t wo p o s s i b i l i t i e s : s o m e t h i n g’s n o t r i g h t a t t h e strategic level (your offering, positioning, t arget in g o r b usin e s s m o del) o r yo u are no t executing traffic generation and conversion optimally at the tac tical level. Bh1399M-PressProofs.indb 71 31/8/07 8:28:07 PM PROFILE W I L L S WAY N E Will Swayne was born in Sydney in 1976, and attended high school and university in Auckland, New Zealand. By the time he left school he had good grades, but no idea what he wanted to do with his life. At university he experimented with different courses before emerging with the rather unusual combination of a Bachelor of Arts with a double major in statistics and English literature. At age 22 he travelled to Japan and landed a job with a fast-growing mail order company, Jimos Corporation. For the next four years he mastered online and offline marketing strategies as the company’s annual revenues grew exponentially to more than $100 million. In addition to successfully launching several new products in Japan, Will got a taste for the internet while working on web-based promotions. During this time he developed a skill for transforming customer data into improved sales results. Soon after returning to Australia in early 2003, he founded Marketing Results. His vision was to leverage the successful concepts of direct marketing, along with emerging internet technologies, to create more efficient marketing processes for traditional offline businesses. He now specialises in establishing sophisticated web-based lead generation programs for corporate clients that want to expand their reach and achieve greater marketing impact. Some of his clients are market-leading corporations that have increased their sales and lead generation pipelines by over 1,100 per cent in less than 12 months – without employing a single additional member of staff. In addition to consulting, Will operates several internet-based businesses. He is also directs several internet business mentoring programs, helping members optimise their online businesses. When he’s not working, Will enjoys reading, hiking, rock climbing and martial arts. Bh1399M-PressProofs.indb 72 31/8/07 8:28:07 PM TEST AND OPTIMISE 73 Can you describe your early career? My academic background is in statistics and English literature. During, and immediately after university I worked on a number of projects related to statistics and Total Quality Management (TQM) before securing a marketing job in Japan, where I had previously lived for a year. The company I joined, Jimos Corporation, was full of smart people who weren’t afraid of hard work. It took the company less than seven years to grow its sales from zero to around $100 million. I had various responsibilities during my time at Jimos, including international sales and marketing, campaign planning, internet marketing and database analysis. What were some of the key principles or lessons you learnt during your time at Jimos Corporation? In the area of direct marketing I learnt a lot about product creation, positioning, offer design, testing and back-end marketing. With the company performing well and maintaining a strong cash flow, I was also able to test and learn from many different business approaches. It was basically a chance to generate a lot of useful experience over a short period of time. What attracted you to the internet and how did you adapt your direct marketing experience to internet marketing? In early 2000, I was working on online commerce promotions via the popular Rakuten online shopping mall. Although the reporting and testing tools back then were fairly primitive by today’s standards, I was able to get a feel for what worked and what didn’t. At the same time, I started reading the marketing newsletters and websites of marketing and internet experts like Jay Abraham, Mark Joyner and Bh1399M-PressProofs.indb 73 31/8/07 8:28:07 PM 74 W I L L S WAY N E … my f i rst do l l a r c a m e f ro m s e l l i n g my copy writing ser vices ove r t h e web. Jim Daniels. These influences stimulated my thinking and pushed me toward my current direction. Making the transition from direct marketing to internet marketing was easy. I really believe that internet marketing is simply a subset of direct marketing, just delivered via a different medium. Early in your career, who were some of the people that you modelled? Apart from ‘virtual mentors’ such as Jay Abraham, I was also mentored by some very successful people at Jimos. In particular the CEO, Mr Fujio Komura, taught me a lot about the importance of thinking well ahead of current market conditions, and building and nurturing business and personal relationships proactively. He was a master at building strong teams and leading them toward a vision. Can you share with us the story of how you made your first dollar online? I have made money using a number of methods on the internet, including AdSense (Google’s program for advertisement publishers), selling advertising, affiliate marketing and information products. However, my first dollar came from selling my copywriting services over the web. Today, the bulk of my income comes from setting up lead generation and conversion programs for companies and optimising the performance of online sales channels using an analytics-based approach. Bh1399M-PressProofs.indb 74 31/8/07 8:28:07 PM 75 TEST AND OPTIMISE There are a seemingly unlimited number of ways to make money on the internet. What are some of the major ones? The internet is just a medium – how you use it to create value is up to you. Some of the more popular ways for making money on the internet are: • Selling advertising – publishing advertisements on your website either through an established platform (for example, Google AdSense) or by selling links or banners. This can be very lucrative for high-traffic websites. • Affiliate marketing – earning a commission on sales or sales leads that you generate for others. An example of this is the Amazon Associate program. • Selling information – the internet is a superb medium for delivering information. Common delivery models include newsletter subscriptions, downloadable audio and video programs, e-books and membership websites. • Selling physical products – offering physical products that you can ship to the consumer or have shipped for you through a fulfilment service. • Lead generation – generating enquiries for products and services for conversion into appointments and/or sales offline. This is the area in which I specialise. What made you decide to start your current internet business? My professional background is in mail order direct marketing. I’ve always enjoyed the data-driven feedback process that allows you to see what’s working in the real world and what’s not. The internet takes that to another level, providing you with the ability to see exactly how users are Bh1399M-PressProofs.indb 75 31/8/07 8:28:07 PM 76 W I L L S WAY N E interacting with a website and insights into how to optimise the process. So I feel that internet business is a good match for my skills and abilities. It’s also exciting to be a part of a rapidly evolving field that is influencing the way we live our lives every day. For people who have a website that is not performing, what are your top tips for dramatically increasing its performance? Although this question is very broad, there are a few core strategies I recommend for increasing the results of any online sales process. If your website is not performing, there are two possibilities: something’s not right at the strategic level (your offering, positioning, targeting or business model) or you are not executing traffic generation and conversion optimally at the tactical level. The following three ideas relate more to improving your sales process at the tactical level: • Track your marketing spend properly – if you use Google AdWords to generate traffic, ensure that conversion tracking is installed and functioning correctly. Then look at how your individual advertisements, keywords and landing pages are performing in terms of cost per conversion. Cull your lowest performing advertisements and optimise what’s working. If you advertise with other services such as the online Yellow Pages, True Local, banner advertisements or e-zines, use the ‘cross channel tracking’ tool within the Google Adwords interface to monitor your progress. • Monitor Key Performance Indicators (KPIs) – I recommend that you keep track of a range of KPIs including: • site traffic from different sources (search engines, paid searches, referrals, traffic from other websites, and direct ‘type in’ traffic) • conversion rates for key conversion goals (newsletter signups, white paper downloads, enquiry forms or shopping cart sales) • usage patterns (one page visits). Bh1399M-PressProofs.indb 76 31/8/07 8:28:08 PM 77 TEST AND OPTIMISE Just keeping track of the numbers on a regular basis gets you thinking about how to improve each area. The free Google Analytics system can be used to do all of the above. • Identify sticking points and focus your efforts – different websites under perform for different reasons. Many people assume that getting more traffic via search engine optimisation (SEO) is the most effective way to improve the performance of their site. In fact, the problem may be that many users are leaving your site immediately because they aren’t seeing what they came for. In this case, the ‘low hanging fruit’ may be to optimise your site content to engage more visitors. You now do a lot of work with website analytics. Can you explain what this is? Website analytics are systems that allow you to track and analyse how users are engaging with your website. We work extensively with a number of web analytics tools, including Google Analytics and Google Website Optimizer, which perform testing, tracking, segmenting and reporting functions. Tracking what’s happening is only the first step. You also have to make sense of what the data is telling you and convert it into more profitable outcomes. For example, if you can see how different traffic sources, referring websites or advertisements contribute to your desired outcomes, you can multiply what’s working and de-emphasise what’s not. Another common application of website analytics is pinpointing problem areas, such as pages with high abandonment rates. If 90 per cent of users are abandoning your checkout process, then taking steps to decrease that number can produce rapid sales improvements. Bh1399M-PressProofs.indb 77 You also have to mak e sense of what the data is telling you… 31/8/07 8:28:08 PM 78 W I L L S WAY N E By implementing this ‘Track – Analyse – Test – Repeat’ cycle in a structured way, we aim to increase the return on investment of any online marketing process by 50 to 100 per cent within three months or less. Why are you a strong believer in split testing and what key areas do you regularly split test? Split testing is a core technique of direct marketing in which different approaches are scientifically tested against each other in a ‘live’ situation. Even the most experienced marketers are notoriously bad at picking what approaches will sell more effectively, which is why we put it to the market to decide. Online split testing is done by serving multiple content versions to different users and then tracking the sales or lead generation results back to the content version viewed by each user. Most split testing systems set a cookie on users’ systems in order to temporarily ‘set’ the version they see, even if they leave the page and come back later. We use split testing heavily because it’s an extremely reliable way to boost the sales results of a website. It’s common to see one headline outperform another by 30 to 50 per cent. I have seen one headline beat the control by more than 400 per cent – that’s leverage. You can also test other factors besides headlines. The six most important areas of a website after the headline are: the offer, opening paragraph, guarantee, photos or graphics, price and ‘PS’ statements. You also like to use a tool called Crazy Egg. Can you explain what it is and how it works? Crazy Egg (www.crazyegg.com) is a data visualisation tool that converts user activity on your website into a heat map that shows exactly where users are clicking. Knowing this information allows you to tweak your Bh1399M-PressProofs.indb 78 31/8/07 8:28:08 PM TEST AND OPTIMISE 79 content to suit users better and encourage a higher proportion of visitors to click deeper into your website. The visual output provided by Crazy Egg is also easier to digest for many people than screeds of reports and tables. This can be particularly useful for resolving turf battles that sometimes arise when different departments of an organisation want to justify their presence on the homepage of a corporate website. Everyone can see what’s happening and decisions can be made based on facts rather than politics or guesswork. A visual of one of the functions of Crazy Egg. What are some high-impact ways to increase search engine rankings? Improving search engine rankings tends to be a relatively slow, incremental process, which is why we recommend focusing on other areas (such as conversion optimisation) at the same time as SEO. However, there is no doubt that high natural search engine rankings can produce a significant return on investment. Bh1399M-PressProofs.indb 79 31/8/07 8:28:08 PM 80 W I L L S WAY N E Here are some quick tips for some of the important concepts in SEO: 1. Keyword research – know what keywords to aim for. You want to rank well for keywords that have sufficient traffic volume, a high conversion rate and the potential to rank well within six to 12 months. You can use Google AdWords to identify keyword-specific volume and conversion data to assist in choosing the right keywords. 2. On-page SEO – this refers to the appropriate use of keywords within your webpages. The most important places to include your target keywords are in the title, description, metatags, headlines, link text and text content. 3. Off-page SEO – this involves generating or attracting incoming links to your website. Article writing, press releases and features in news websites are three ways to generate incoming links. Another more sophisticated strategy is called link-baiting – offering a resource such as an article, tool or calculator with the specific purpose of attracting links from other websites. The brevity of the above tips is like condensing an encyclopaedia into a few paragraphs, but it’s important to keep in mind that all successful SEO efforts incorporate each of these three areas. Why do emails still play an integral role in internet marketing and how can people use them effectively? While email marketing is becoming more challenging because of the volume of worthless spam you have to compete with, regular contact to an opt-in email list of prospects or clients is still a core promotional technique of online marketing, especially in lead generation for complex sales, in which you may be nurturing leads through a multi-step ‘information and education’ process with the aim of producing highly-qualified leads for a sales team. Bh1399M-PressProofs.indb 80 31/8/07 8:28:09 PM TEST AND OPTIMISE 81 My top five tips for effective email marketing are: 1. Deliverability – make sure your emails get delivered by asking users to ‘whitelist’ your email address, format emails correctly and avoid ‘spam’ language, such as ‘FREE’. 2. Automation – use auto-responders to send a sequence of emails to subscribers, according to a pre-determined schedule that you set. This is much more effective than an occasional email broadcast because it leads subscribers through a step-by-step process instead of throwing them in mid-way through. 3. Test – split-test different subject lines and/or email content. Different subject lines can produce dramatically different open rates and sales results. 4. Track – monitor your open, click-through and unsubscribe rates so you know what’s working. 5. Add value – regular value-added email communications are the best way to keep subscribers interested and nurture sales leads. Too many corporate emails are sterile, boring and self-serving. What does your research tell you about plain text versus HTML emails? The jury is still out on this one. Personally, I use plain text emails because they are quicker to write, easier to format, treated more leniently by spam filters and more conversational in look and feel. In the HTML versus plain text email split tests I have conducted, the results have either been marginal or plain text has come out in front. However, HTML email also offers some advantages – precise tracking of open rates and click-through rates, additional formatting options and greater scope for branding. Bh1399M-PressProofs.indb 81 31/8/07 8:28:09 PM 82 W I L L S WAY N E It’s interesting to note that none of the top internet marketers use HTML email regularly, but many corporate marketers swear by it. My advice is to test both approaches with your audience and make a decision based on the results. What advice can you offer people to ensure that a greater number of their emails are opened? Deliverability is one of the most important factors in the success or failure of your email marketing campaigns. If 30 per cent of your emails are getting blocked, you can assume that your response is being depressed by a similar margin. While deliverability is a challenge, the good news is that there are many things you can do to ensure your deliverability remains high. • Use a reputable email system – I recommend that you use an email service that can demonstrate a high deliverability rate. Some commercial email services enforce ‘best practices’ by their users, which ensure that your emails are treated preferentially by most of the large internet service providers (ISPs). • Avoid ‘spam’ language – vigorous sales copy and formatting in emails will tend to trip spam filters. Many useful guidelines can be found by doing an internet search for ‘Spam Assassin FAQ’. • Use clean formatting – ensure that your email has a valid sender, not just [email protected]. If you send HTML emails, make sure that the code is correctly formatted. Don’t use any invisible text or deceptive formatting. • Ask users to ‘whitelist’ your email address – if you have an email newsletter or something similar, ask users to flag your sending email address as friendly by whitelisting it in their email program. Bh1399M-PressProofs.indb 82 31/8/07 8:28:09 PM TEST AND OPTIMISE 83 One of the concepts you talk about is ‘sales funnel optimisation’ – can you explain more about what that is? Sales funnel optimisation is improving the efficiency of your website’s ability to convert a new visitor into a client. The metaphor of the sales funnel is no doubt familiar to most readers, and online it’s no different. At the top of your online marketing funnel you have your traffic. Below that you might have a newsletter or white paper opt-in, then you might invite subscribers to attend a teleconference or webinar, or invite them to register for a workshop. So online sales funnel optimisation is simply deciding what your conversion steps should be before working to improve each step in the process in order to advance prospects on to the next stage. Can websites be used to sell complex products or services? Yes, websites and online marketing can be used to sell anything, provided that you follow an appropriate strategy. You wouldn’t sell luxury cars or complex financial products using a shopping cart and credit card processing facility. For complex products or services, the most effective strategy would probably be to use your website as a lead generation tool. In this situation, the key is ‘lead nurturing’. Most online lead generation The met ap hor of processes are sub-optimal because they tend to clog up your sales team’s inboxes t he sales funnel is no with unqualified or premature enquiries rather than properly qualified, ready-tod oub t familiar to buy leads which is the stage at which your m ost read er s, and sales team can add the most value. Lead nurturing is a process for having multiple conversations with prospects at different stages in the buying cycle. At Bh1399M-PressProofs.indb 83 online it ’s no different. 31/8/07 8:28:09 PM 84 W I L L S WAY N E each stage, your primary objective should be to advance leads on to the next stage rather than generating an enquiry prematurely. Some of the ‘tools’ you can use to have these conversations are PDF reports, white papers, emails, spreadsheets, templates, calculators, audio-visual content, surveys, audits, webinars, information sessions and workshops. Ideally, the process should be as automated as possible, using IT systems to do much of the heavy lifting, freeing up your people to add value at the critical moments. Systems like these have the advantage of being massively scaleable without losing the personal touch. How do you help businesses get better results from their online marketing efforts? Most of the work we do is aimed at multiplying the results of an existing online lead generation process or establishing additional lead generation channels. The key areas that we address as part of our process are: • Strategic planning – gaining clarity on the client’s desired outcome and devising a strategy to make it a reality in the shortest possible timeframe. • Conversion process – designing the specific process for converting a new visitor into a client. This often involves breaking up the conversion process into bite-sized steps and/or delivering more value up front in order to attract, engage and nurture more prospects through the marketing funnel. • Tracking – setting up appropriate tracking and KPIs to monitor results. As a minimum, this usually includes set up and customisation of Google Analytics plus tracking of any paid search activities. • Traffic generation – optimising existing traffic generation activities and identifying additional traffic sources to test. The core traffic Bh1399M-PressProofs.indb 84 31/8/07 8:28:09 PM TEST AND OPTIMISE 85 generation methods we used are natural SEO, paid search and strategic partnerships with other websites or list owners. • Conversion – identifying key pages in the conversion process and setting up appropriate testing and tracking to plug leaks and clear bottlenecks. • Refinement – testing and validating new approaches on an ongoing basis – as one bottleneck is cleared, a new one is created. Can you share some success stories of how you have helped other businesses improve their results on the internet? Here are three examples from different industries that use slightly different methodologies. We worked with Fuji Xerox Australia (www.fujixerox.com.au) to optimise its paid search and online lead generation activities. We started setting up several campaigns and testing multiple advertisements, landing pages and keywords. The client was able to double online lead volume with 60 per cent lower paid search cost within 90 days. With boutique mortgage broker, Loans Approved (www.loansapproved. com.au), we designed a lead generation process that uses offline marketing promotions to drive traffic to the website, capture email addresses, educate prospects and convert them into highly-qualified sales leads. This has created a scaleable lead generation process, which has helped it become the pre-eminent investor-focused mortgage broker in Australia in fewer than four years. We have also been working with Jay Abraham Asia Pacific (www. jayabrahamasiapacific.com.au) deploying its web-based lead-generation strategy. This includes landing page and autoresponder systems that drive event attendance during the year, in anticipation of the ‘main event’ – the Jay Abraham Business Building Bootcamp. This process has enabled Bh1399M-PressProofs.indb 85 31/8/07 8:28:09 PM 86 W I L L S WAY N E …a reliable way to achieve greate r s u cce s s o n l i n e i s to te s t an d tra ck u si n g re l i a b l e m e t r i c s. the client to scale massively and boost event attendance by 50 per cent within 12 months without adding a single member of staff. What is the most important thing you have learnt about succeeding on the internet? Two things come to mind. 1. The importance of correct strategy – a sound strategy (positioning, targeting, conversion process and so on) can be executed imperfectly, yet still sell much more than a site that executes a poor strategy brilliantly. The technical skills required to put up a website and manipulate code are widely available, but strategic insight is much more rare. I aim to add value at the strategic level. 2. Knowing your metrics is vital – a reliable way to achieve greater success online is to test and track using reliable metrics. In other words, management by fact rather than management based on gut feel or hunches. If you had to start again with nothing, what would you do? I would buy, renovate and sell websites. Initially, I would work out deals with investors who have money but not time, and then parlay any profits into my own projects moving forward. Websites can be looked at in exactly the same way as traditional real estate. The investment goals of cash flow and growth are very similar and the price-earnings multiples are very attractive for buyers at the moment. Bh1399M-PressProofs.indb 86 31/8/07 8:28:09 PM TEST AND OPTIMISE 87 Over the next ten to 20 years what do you see as the major opportunities on the internet? Ten to 20 years is a very long time on the internet, especially when you consider that the World Wide Web has been around for less than 20 years. Some key opportunities that come to mind are: • A very hot market for virtual real estate. Currently, you can buy many websites for around 12 times your monthly earnings. In five years time, I believe earnings multiples will be much higher and we will very likely see a speculative bubble. • Wholesale migration of many offline business processes (for example, call centres, support, account management and so on) to the web. This will spawn whole industries of professionals and service staff to handle the demand, with many of them operating remotely. • Ubiquitous computing – an exponential increase in connected devices and ways to plug them into our lives. For example, a mobile phone equipped with a barcode or RFID tag reader will generate an instant price comparison on any item in any shop within seconds. Bh1399M-PressProofs.indb 87 31/8/07 8:28:10 PM moSt SuCCeSSFul internet entrepreneurS in tHe Country. 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