Brad Fallon\s Vistage Presentation

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CreatingCustomersOut of ThinAir Internet Marketing for CEO’s Brad Fallon President, StomperNet [email protected] text 330-242-1029

Transcript of Brad Fallon\s Vistage Presentation

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CreatingCustomersOutofThinAir

Internet Marketing for CEO’s

Brad FallonPresident, StomperNet

[email protected] 330-242-1029

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Electronic Communication: A Long Way in 160 Years

Samuel Morse, 1844

Alexander Graham Bell, 1876

The ARPA Network, 1969

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“It’s tough to make predictions, especially about the future.”

~Yogi Berra

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“The stuff that used to work, well it don’t work now.”

~Warren Zevon

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Two Themes

3.Things are changing.

4.Things are changing faster.

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“Time is that thing in nature which prevents everything from happening all at once. Lately, it doesn’t seem to be working.”

~ Anonymous

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Every morning in Africa, a gazelle wakes up. It knows it must run faster than the fastest lion or it will be killed.

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Every morning in Africa, a gazelle wakes up. It knows it must run faster than the fastest lion or it will be killed.

Every morning a lion wakes up. It knows it must run faster than the slowest gazelle or it will starve to death.

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Every morning in Africa, a gazelle wakes up. It knows it must run faster than the fastest lion or it will be killed.

Every morning a lion wakes up. It knows it must run faster than the slowest gazelle or it will starve to death.

It doesn’t matter if you are a lion or a gazelle . . . When the sun comes up, you’d better be running.

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“If you have everything under control, you’re not moving fast enough.”

~Mario Andretti

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TECHNOLOGY MEANS

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Bigger IdeasAND

Better Execution

TECHNOLOGY MEANS

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Historical Productivity of the Inc 500Output of goods and services / labor

1973 - 1993 1.5% growth per year

1995 - 2000 Average 2.5% growth

2002 - 2005 Average 3.5% growth(Average revenue/employee of Inc. 500

increased to $163,950 in 2005 from$130,735 in 2000, 25% in 5 years.)

Inc., November 2005

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~ Rupert Murdoch

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Otto Frederick Rohwedder (1880-1960)

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Otto Frederick Rohwedder (1880-1960)

Inventor of:

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Otto Frederick Rohwedder (1880-1960)

Inventor of: Sliced Bread

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Inventing Sliced Bread

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Inventing Sliced Bread

Idea…………………….....1912 (Found an Idea)

Timeline

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Inventing Sliced Bread

Idea…………………….....1912 (Found an Idea)

Prototype…………………1916

Timeline

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Inventing Sliced Bread

Idea…………………….....1912 (Found an Idea)

Prototype…………………1916

. . . . . . . . . . .

First Sale………………….1928

Timeline

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Inventing Sliced Bread

Idea…………………….....1912 (Found an Idea)

Prototype…………………1916

. . . . . . . . . . .

First Sale………………….1928

Commercial Success……...1930 (Found a Market)

Wonder Bread – different company, different machine

Timeline

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2004……………………….$1.2 million (Found a Market, SEO)

Timeline

Smart Marketing, Inc.

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2004……………………….$1.2 million (Found a Market, SEO)

2005……………………….$7.8 million (Physical Products)

Timeline

Smart Marketing, Inc.

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2004……………………….$1.2 million (Found a Market, SEO)

2005……………………….$7.8 million

2006……………………….$32 million (#9 of Atlanta’s Fastest Growing Companies)

Timeline

Smart Marketing, Inc.

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TRAFFICTRAFFIC CONVERSIONCONVERSION

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TRAFFICTRAFFIC CONVERSIONCONVERSION

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Search

TRAFFICTRAFFIC CONVERSIONCONVERSION

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Affiliates

Search

TRAFFICTRAFFIC CONVERSIONCONVERSION

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Affiliates

FreeSearch

PPC

TRAFFICTRAFFIC CONVERSIONCONVERSION

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Free

Paid (PPC)

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TRAFFICTRAFFIC CONVERSIONCONVERSION

Internet Marketing 2.0Internet Marketing 2.0

COMMUNITYCOMMUNITY

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StomperNet.com

StomperNet is the leading training program for internet marketing in the world.

More importantly, it's a network of cutting-edge internet businss owners who constantly compare notes and share ideas.

World Class Internet Marketing Training

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StomperNet.com

Private member portal for learning anything about e-business

• Pure beginner to most advanced

• Organized by topic

• 30 paid moderators

• 10 full-time faculty members

• Live “office hours” every day

• Two personal calls per month (20 minutes each)

• Free live 3-day conferences, every four months

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Pre Launch Results

• 438,000 Video Views and Downloads

• 57,000 Reverse Opt-ins

• 10,000 Questions Submitted

• 1,300 Blog Comments

• 9,000 Early Notification Requests

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Actual Launch Results

• $800 x 12 months = $9,600 per sale

• 1,450 Sales in 12 Hours

• $12 Million in Sales in 12 Hours

• $2.2 Million in Credit Cards and PayPal

• 2-week/24-hour Total = $18 Million

• Members in more than 50 countries

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Alexa RankingAlexa RankingOctober 3, 2007October 3, 2007

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2004……………………….$1.2 million (Found a Market, SEO)

2005……………………….$7.8 million

2006……………………….$32 million (#9 of Atlanta’s Fastest Growing Companies)

2007………… The Greatest Thing Since Sliced Bread!

Timeline

Smart Marketing, Inc.

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“Big will not beat small anymore. It will be the fast beating the slow.”

~ Rupert Murdoch

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A

B

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A

BMoney

Time

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A

BMoney

Time

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B

A

B

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“The real constraint is almost always time, not money. Focus on speed.”

~ Brad Fallon

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Leverage Point

Constraint

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J.C.R. “Lick” Licklider (1915-1990)

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“People tend to overestimate what can be done in one year and underestimate

what can be done in five years.” ~ J.C.R. Licklider

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A B

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Quantity Demanded

Demand Curve

Price

(Profit)

vVery High Margins

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Quantity Demanded

Demand Curve

Price

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Quantity Demanded

Demand Curve

Price

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Quantity Demanded

Demand Curve

Price

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Quantity Demanded

Demand Curve

Price

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Free

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The Free Line

$$$ $ $FREE

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The Free Line

$$$

FREE

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$$$$

$$

FREE$$

$$

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$$$$

$$

FREE$$

$$

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Subscriptions

Online Only $59

Print Only $125

Print AND Online $125

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Subscriptions

Online Only $59 16

Print Only $125 0

Print AND Online $125 84

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Subscriptions

Online Only $59 16

Print Only $125 0

Print AND Online $125 84

Online Only $59

Print AND Online $125

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Subscriptions

Online Only $59 16

Print Only $125 0

Print AND Online $125 84

Online Only $59 62

Print AND Online $125 38

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Subscriptions

Online Only $59 16

Print Only $125 0

Print AND Online $125 84

Online Only $59 62

Print AND Online $125 38

$11,444 $8,408

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The Net Effect

The Arbitrage Conspiracy

Examples

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FireFire

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The WheelThe Wheel

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Affiliate MarketingAffiliate Marketing

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Affiliate MarketingAffiliate Marketing

Opportunity

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DigitalDigitalMedia ProductsMedia Products

Online Online VideoVideo

Affiliate MarketingAffiliate Marketing

Opportunity

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Source:comScore

Online VideoOnline VideoIn one month, there

were 175 Million Unique U.S. Internet

Users

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131 Million Streamed

Video75%

Source:comScore

Online Video Is PervasiveOnline Video Is PervasiveIn one month, there

were 175 Million Unique U.S. Internet

Users

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122,872,000 122,872,000 Unique U.S. Streamers Per MonthUnique U.S. Streamers Per Month

Source:comScore

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Growth in Online ActivitiesGrowth in Online ActivitiesTop Five IncreasesTop Five Increases

Source:Mediamark Research

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The Next Great Growth Opportunity:

Webucation

“Online continuing education is creating a new and distinct educational realm, and it is the future of education. There is a global market here that is potentially worth hundreds of billions of dollars.”

~ Peter Drucker Forbes, 2000

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Example: University of Phoenix

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Example: University of Phoenix

Annual tuition revenue over $1 billion

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www.FreeLineReport.com

FreeLineReport

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"It is not the strongest of the species that survive, nor the most intelligent, but the ones most responsive to change."

~Charles Darwin

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“If you’re doing something you’re good at, that’s probably bad.”

~ Brad Fallon

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’InternetMarketingforCEOs

TenThingstoKnow

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1. Overview – (The Components of your strategy)

’InternetMarketingforCEOs

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1. Overview – (The Components of your strategy)

2. SEO (Search Engine Optimization) – (More prospects for free)

’InternetMarketingforCEOs

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You vs. Google

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SEO – Search Engine Optimization

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SEO – Search Engine OptimizationMultiple web site strategy Corporate Sites Blogs Microsites

SERM – Search Engine Reputation Management

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Keyword Research

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More JargonSEO – Search Engine OptimizationSEM – Search Engine MarketingPPC – Pay­per­ClickPaid Search – Same as PPCSERP – Search Engine Results PageFree/Natural/Organic vs. Paid Search

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SEO Factors

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SEO Factors

On Page Factors Off Page Factors

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SEO Factors

On Page Factors

•Title Tags

Off Page Factors

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SEO Factors

On Page Factors

•Title Tags•Keyword Density•Site Structure

Off Page Factors

•Link Popularity•PageRank®•Page Reputation

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Atlanta CPA

IBIS, Inc.

OtherExamples

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1. Overview – (The Components of your strategy)

2. SEO (Search Engine Optimization) – (More prospects for free)

3. PPC (Pay-per-Click) – (#1 in 10 minutes)

’InternetMarketingforCEOs

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CAC – Customer Acquisition Cost

LCV – Lifetime Customer Value

FSCM – First Sale Customer Value

Metrics

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1. Overview – (The Components of your strategy)

2. SEO (Search Engine Optimization) – (More prospects for free)

3. PPC (Pay-per-Click) – (#1 in 10 minutes)

4. Affiliate Marketing – (Referrals on steroids)

’InternetMarketingforCEOs

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Ruth’s Chris

Examples

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1. Overview – (The Components of your strategy)

2. SEO (Search Engine Optimization) – (More prospects for free)

3. PPC (Pay-per-Click) – (#1 in 10 minutes)

4. Affiliate Marketing – (Referrals on steroids)

5. Email and Auto-Responders – (From good to great)

6. Conversion Concepts – (Getting people to do the right thing)

7. Analytics and Testing – (The key to success)

8. Online Video – (The new standard in business communication)

9. Blogs, Web 2.0 & Social Media Marketing – (Things are different)

10. Resources – (It’s not what you know; it’s who you know)

’InternetMarketingforCEOs

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. Googlevs Facebook

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• 1 Million New Users per Week (25+)

Facebook

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. Googlevs YouTube

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• 1 Million New Users per Week (25+)

Facebook

• 50 Million Visitors per Month

YouTube

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www.FreeLineReport.com

FreeLineReport

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First Who,Then What.

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“Do less, make more.”

~Brad Fallon

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People You Need for Internet Marketing

• Webmaster

• Web Designer

• Programmer

• Copywriter(s)

• Online PR

• Sales Copy

• Video

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www.FreeLineReport.com

FreeLineReport

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Where to Advertise

• eLance.com• Craigslist.com• 99designs.com• Guru.com• Workaholics4hire.com (other “businesses”)• Rentacoder.com• Local paper – local, less competition, cheap• Monster.com• careerbuilder.com• Freelancewriting.com • Myspace.com (young, computer savvy)• dice.com (technology)

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The Magic Formula

1. Have a web site (sites)

2. Dominate the search engines

3. Convert as many leads or sales as possible

4. Follow-up with a sequential autoresponder

5. Keep in touch with email

Creating Customers Out of Thin Air:Secrets of Online Marketing for Offline Businesses

www.BradFallon.com/book.html

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Creating Customers Out of Thin Air:Secrets of Online Marketing for Offline Businesses

www.BradFallon.com/book.html

Free Line Reportwww.FreeLineReport.com

StomperNet The Net Effectwww.StomperNet.NET

SEO Researchwww.seoresearch.com

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“ ’ . Thefutureaintwhatitusedtobe”

~ Yogi Berra

Brad FallonPresident, StomperNet

[email protected] 330-242-1029