Dec 22 2009

Tap Massive Leverage: How To Gain Access To Inner Circle Top Affiliates

If you plotted the growth of my business the chart would look like a steadily increasing line, punctuated by a handful of spikes a couple of times a year.

The first big spike in growth occurred in 2007, which was the first launch I ever did of the Blog Mastermind coaching program. Every aspect of my business grew during that two week period. My email list tripled in size and my income increased by almost the same margin.

Going forward, each new spike came thanks to some kind of launch. Whether it was a new product, closing access to a product or reopening of a closed product, each time I did some kind of launch campaign, the growth numbers shot through the roof.

This is obviously an endorsement of the launch process, and we all owe Jeff Walker a debt of thanks for bringing this style of marketing to our industry, however it’s worth taking a closer look at why the launch works.

The 80/20 Rule Of Product Launches

The launch process is a complex and subtle beast, which on the surface appears relatively simple. You release some great free stuff, have your affiliates promote it like crazy, open the doors to your offer with some kind of limitation, sell heaps, make a ton of money, and bamb!… done.

Once you do a few launches you start to see how intricate the variables are, and how important the psychology behind the process is. Everything needs to connect, to be coherent, to reinforce the same message, create excitement and flow together.

As daunting as that might sound, the process is actually quite forgiving, as long as you get a few variables right. You can “stuff up” many aspects of the launch process and still succeed. You can forget to do things, use lazy copy in your emails, and even leave parts out altogether, as long as you have the most important variables.

So, what are the 20% or less of components that go into a launch that count for the 80% or more of results? Here’s how I see it…

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May 25 2009

You Are As Good As The People Around You

During the opening campaign for Membership Site Mastermind I actively observed the conversation occurring at other blogs about what I was doing.

One of the less-talked about benefits of conducting a major launch is the education you receive about your market. As Jeff Walker points out in his Product Launch Formula (PLF) program, each launch is an entirely different beast and once you begin the campaign you never truly know what will happen.

Eben Pagan, while presenting at one of Jeff’s PLF live workshops, stated something similar, explaining how each launch he has done has been different, teaching him new things as the campaign goes to unexpected places.

One of the great skills a marketer can develop is his or her ability to think on their feet and dynamically respond to what they see going on during their marketing campaign.

The very best marketers have an innate understanding of how they need to respond to what the market is telling them. For example, producing new content that is designed specifically to tackle an objection that they have observed coming from feedback during their campaign. As Jeff notes, he can “feel” how a launch is going, even before a product goes on sale.

Rich Schefren wrote an entire follow-up report to his first report (I believe it was the Missing Chapter follow-up to the Internet Business Manifesto) to specifically address a major sticking point he saw in his market. What was particularly amazing about this situation, was Rich was able to write the entire report DURING the launch campaign.

In my case, much of the content I published following up after the Masterplan report I released at the start of my campaign, contained elements designed to respond to specific rejections and talking points I saw in my market.

There were however, some things I couldn’t address during the campaign simply due to lack of resources (mostly time). There’s one thing that stuck in my mind since then that I wanted to write about here on my blog. This is a particularly important issue because I think it’s a mental hang-up you are likely feeling right now, which is significantly holding you back from success.

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Feb 4 2009

Is Twitter A Time Waster Or A Powerful Business Tool?

Twitter YaroIt’s pretty clear that Twitter is the social media star of 2009, at least so far.

In case you haven’t got an account yet, make sure you go to Twitter.com and register for free. After you have your account, you can begin by following my updates –

http://twitter.com/yarostarak

I won’t go into the details about how Twitter works because Gideon Shalwick (@gideonshalwick) has a video coming out about that soon to teach the basics.

Twitter is essentially a micro-blogging tool where you are restricted to 140 character posts, which are meant to be updates from your life. It’s also a fantastic inter-communication tool, which I will explain more about in a moment.

Twitter can definitely be used as an effective business tool, but it can be abused as a time waster as well. You need to find a balance, so let me explain how I recommend Twitter is best used.

It’s Darren’s Fault

I’ve been a member of Twitter since Darren Rowse (@problogger) bugged me about joining. Darren has since gone on to become a super Twitter fan, starting a blog about it (Twitip.com) and becoming the number one Twitter user in Australia with some 30,000+ followers. Beware Darren when he becomes passionate about something!

I joined up after Darren’s recommendation and started exploring the service. At first you have to get your head around how the system works, how you can send direct replies @ certain people, what a direct message is and how it differs from a reply and all the other tips and tricks.

I used a desktop program called Twhirl, which sort of functions like an instant messaging client plugged into Twitter and other similar services.

Twhirl was good, but as I found out recently, Tweetdeck is better. This desktop client is, and I quote “An application that aims to evolve existing functionality of Twitter by breaking down Twitter feeds into more manageable bite sized pieces”. Simply put, you have to use Tweetdeck as it makes Twitter much easier to manage.

Chronicling My Travels

I first signed up to Twitter while on the second half of my travels overseas in 2008, so much of my early Twitter notifications were either Internet marketing related, or “I just landed in Rome” type messages. It proved an effective way to use Twitter as people told me they enjoyed my status updates about where I was in the world.

It was during this time that Twitter become more prominent in Internet marketing circles. Suddenly all the big players where emailing their lists trying to boost their Twitter followings. John Reese (@johnreese) quickly built his following passed 10,000 people after mailing his subscribers. Frank Kern (@masscontrolkern), Mike Filsaime (@mikefilsaime), Eben Pagan (@ebenpagan), Jeff Walker (@jeffwalker), Rich Schefren (@richschefren), and prominent bloggers, Brian Clark (@copyblogger), John Chow (@johnchow), are among many others who all have active accounts on Twitter from my industry.

Even celebrities are using Twitter. There’s Brent Spiner (@brentspiner), Wil Weaton (@wilw – a massive 50,000+ followers) and Levar Burton (@levarburton) from Star Trek (well I think Star Trek actors are celebrities anyway!), Kevin Rudd (@kevinruddpm) and Malcolm Turnbull (@turnbullmalcolm) from Australian politics and of course the most popular Twitter user of all time, Barack Obama (@barackobama), with over 230,000 followers at the time of writing.

This is only a small sample of the people using Twitter, with of course your normal every day Internet user being the most widely represented group on Twitter, although I believe it’s fair to say “tweeting” (to send messages on Twitter) is definitely NOT a mainstream activity.

It’s A Lot Like Email List Building

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