How We Made $860.50 and Got 2061 Subscribers Part #2

October 27, 2007

Ok first up, I know I’ve mentioned this numerous times, but sorry for the lack of posts. I hate myself for the procrastination too. But this time, there was a genuine reason. Not like I don’t always come up with a makeshift excuse every time. but anw, my laptop was down! And I had to send it for repair…. but it came back with the same prob.. So I had to send it back again!

Argh! But thankfully, it’s back to normal now.. But anw, it’s time to buy a new one! So shall wait for one of the IT Show or PC Fair in Dec.

Ok shall just post a quick follow up to my previous post here.

Some people have been asking me how exactly we promoted the IM Myth and how did we generate our own subscribers from promoting it.

Frankly, there’s no secret.

This method is called Ezine (electronic magazine) advertising.

Basically, you pay for advertising for emails to be sent out to subscribers of a particular ezine. There are a ton of ezines for the various niches, so you just have to search for ‘your niche + ezine’ to get a list of ezines you can advertise in.

Of course, not every ezine will have the same conversion rate, and not neccessarily every ezine ad you purchase will bring in profits.

So what does your success depend on? There are numerous factors, but shall just touch on the main ones.

1. Quality of your email: If you’re purchasing a solo ad (one entire email ad), obviously the quality of the way your email is crafted will affect your success. Just observe how the top marketers write their emails and learn some techniques they use.

2. Quality of your squeeze page: When paying for advertising, it’s best to direct your visitors to a squeeze page. As people may not purchase, if you manage to capture the leads and build your list, at least you won’t lose out. So make sure you design a squeeze page which converts well. In the IM Myth instance, my squeeze page converted at a MASSIVE 30% for one of the ads I did. So that explains why…

3. Quality of the ezine: Yes this affects your conversion and profits and ROI very much. There are a ton of ezines out there, but some are simply trash or not targeted. So you need to find an ezine which has targeted subscribers to your niche and also one which does not bombard their subscribers with ads every single day. Else, the chances of your ad converting well will simply be too low.

4. Quality of the product you’re promoting: Ok, this has got to do with the product you use to monetize your ad. as mentioned, you direct your visitors to a squeeze page. Of course, you will hope to make an instant profit so as to cover back the cost of your advertising. Hence, the product that you promote instantaneously should convert well in order for you to profit. And in the case of IM Myth, it being free and having a two tier affiliate program is lucrative enough. So that explains it’s success.

Alright… That’s all for this post! All that has been mentioned is being covered in greater detail in Kanggie. So check out the tutorials in there!


How We Made $860.50 and Got 2061 Subscribers By Giving Away A Free Report

October 14, 2007

Ok I know this is slightly overdue.. But just wantd to share how Patricia and I made over US$860.50 and generated over 2061 subscribers to our own lists recently by giving away Russell Brunson’s IM Myth Report.

IM Myth


IM Myth



By the way, Patricia was in the top 10 referrer’s list, just slightly losing out to Mike Filsaime but managed to edge out Gary Ambrose. Lolz! And we actually did that without even blogging about it on our personal blogs, though I did make a post on it at Kanggie here. Hence, this should really broaden some people’s mentality that a blog is the only platform to make your promotions.

Well basically, the IM Myth Report was a report which Russell talks about how he integrates offline marketing with his online marketing efforts. It was an awesome report really as a ton of ideas flooded my mind instantly and I can’t wait to execute them.

Nonetheless, the crazy thing about it was Russell was paying $1 for everyone you refer to download his report and $0.50 for everyone your referrals refer. Hence, it was a two tier pay per lead campaign.

Not surprisingly, skeptics were abound as many of my subscribers even doubted the authencity of the promotion and hence missed out. Now, it isn’t alot of money, but from what I observe, most ppl ain’t even making a single cent online. Hence, that indeed served as a good opportunity for many. At least there was one other person who benefited from it, who was Alvin.

Now do I blame the skeptics? Not really. Many of those who emailed me say they refused to believe it as they have tried out many other programs and have failed to succeed in them. Hence this explains their skeptical mentality.

After being labelled politely as a skeptic by me, one of my subscribers even got angry and said he was not interested in all my bullshit strategies! Lolz! I think he did not know the definition of a ‘skeptic’. And I do pity him. As he was obviously interested in learning how to make money online as he opted in my list to learn how to do so, but just that he did not know how to.

Oh well.. From a layman’s point of view, such pay per lead campaigns frankly do look incredulous. Although it is not new, as marketers like Joel Comm, Mike Filsaime have attempted it previously with huge success, it is still rather uncommon. So the question is, why would they do that? Russell paid out over $20,000 in commissions I think. And Mike Filsaime paid out much more.

So who benefits the most ultimately? Of course the mastermind himself – Russell Brunson! In the short 1 week, he’s generated over tens of thousands of subscribers. And he’s certainly one who understands the lifetime value of a subscriber/customer. You see, the true value does not lie in the front end but in the back end profits. Hence, he’s willing to pay out $1 just to capture a lead and make a loss on the front end(known as a loss leader). Simply because he’s able to earn back his investment many times in the future!

Furthermore, the pay per lead campaign culminates in his launch of the 12 Month Internet Millionaire, an interview he did with Vince James, who made $100 million in 12 months. You can still grab it before the price rises here. Not surprisingly, that product ended as a Clickbank best seller. So just from that product alone, he prolly made back his investment. Not to mention the list is there for him to keep.

Of course, you obviously need a hefty capital before attempting such a daring move. Certainly not something many people can execute.

Alright so back to how we accomplish such a huge feat. Well, apart from promoting to our own lists, we also did some advertising on some ezines. Of course, we did not advertise the IM Myth website directly. We advertise our squeeze page first before directing others to the IM Myth site. Hence, we not only generated over 2061 subscribers but also generated US$874 in revenue, making close to a 300% return on investment. Not bad for giving away something free.

Hence, the bottomline is, always find a way to monetize your ad, even if it is just a squeeze page. You see, normally when you advertise, you tend to be afraid of making a loss on that ad. In this case, our ad did not even sell others anything as it was a merely a squeeze page giving out a free report which I wrote. However, in this case, we found a way to monetize it, which was the redirect to the IM Myth site. That ensured we not only recouped back our advertising costs but also made a cool 300% ROI. Plus we got 2061 subscribers.

True, such campaigns do not occur frequently. But you can either offer a one time offer, or just redirect to an affiliate product which does not cost much and which people might be more inclined to buy, like Michael Worthington’s Quick Cash Secrets over here.

Alright shall share more strategies in time to come. Have been busy implementing many new strategies recently and inching closer to my $100 a day!

And Kanggie is doing pretty well too! Do check it out here.


I Won A MacBook In A Digital Life Competition!

October 8, 2007

Recently, Patricia and I took part in a blogging competition organised by IBM and Digital Life of the Straits Times! Topic was on how social computing tools can be used to benefit organisations and businesses. And yours truly won 1st prize in the inter-organisation category whereby the prize was a freakin Apple Macbook! And Patricia won 2nd prize in the intra-organisation category which was a Nokie E90 comunicator though it was eventually changed to a Sony Ericsson P1i due to availability issues.

Ok I know this is long overdue, as the contest results were announced last last week. But pardon me as I’ve been really busy recently (yah yah excuses again). I made a resolution (or should I say goal) to blog at least thrice a week. So pls bear with me.

But anyway, we were really ecstatic over our truimph in the blogging competition and more importantly our acquisitions! (who wouldn’t!) To think it was only a last minute decision to take part as I had 3 tests to study for the following week so was really tight for time. Nonetheless, I asked Patricia if we should take part and she said why not. So we collaborated and came out with two entries, one in the inter-organisation category and one in the intra-organisaton category.

It took us around 3 hours to complete the two entries and we’ve visualized it, believed and received our miracle. (all glory to the Lord) We just feel so blessed and favoured!

Shall post my winning entry over here for everyone to see and critique! Read more