To recap: We are on day 3 of the Affiliate Incubator Seminar
Next up was Gary Ambrose. He’s been around on the internet marketing scene since 1998 and is an expert in list building. He’s has his own autoresponder system called Email Aces.
One of the first things he said really struck a chord with me:
Stop chasing the money. Don’t become a “professional newbie”.
Boy, how many of us are guilty of that?
Other points made:
- List building is core to any building, but it is NOT the business itself.
- Photos convert well on squeeze pages.
- Build your list by specifically targeting buyers.
- Proven buyers respond to offers at a higher rate than non-buyers.
- If you charge $1.00 for a teleseminar, you’d get a higher response rate.
He then told us about an experiment he did called Nickel Mania. He offered a product starting at a nickel and had the price go up by 5 cents in real time. It created a sense of urgency when people noticed that the price would go up if they didn’t buy right away. However, he noticed that 80% of the visitors left when they saw it was less than $1. (perceived value)
Interest levels wane in people. You should target prospects when interest level is high.
80% of your profits will come from 20% of your education. Ain’t that the truth.
GiGi

