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Mike FilsaimeIncreasing Online
Profits Notes
Marketing Cola: Integration Strategies for Advanced Marketing
What integration marketing is
Targeted complimentary offers
Offer to someone with a higher rank to sell your products along with theirs for a 75% commission You'll reciprocate and everyone grows
Leveraging marketing real estate of other's
Proven and consistent conversionsTargeted Complimentary Offers
Leveraging Marketing Real Estate of Others
Proven and Consistent ConversionsAccurate Metrics for Current and Potential Visitors
Where to integrate your marketing
Other people's order pages (Up Sells)
On other people's thank you pages
On other people's success pages
On other people's logout pages Paypal is example
On other people's websites
In other people's auto responder follow upsIn other people's exit pops
In other people's members area
Co reg leads for share of profits
the 5 keys to successful integration
Accurate metrics
JV Partner with the Proper Target Market
Higher Affiliate Commissions than Normal
50% is the normal commission
75% will make them happy100% is through-the-roof
The offer given is better than the normal retail price
Easy plug and play integration (no hoops)
Actual Case Study
The Butterfly Marketing Manuscript
The QVC upsell Offer home study course
The peopleThe bonuses
The case studies
Video
Sales: Commitment and Consistency
Make it Easy
2 to 3 Step process
do as much of it form them as possiblesign them up for it (good relationships only )
Offer to do all the work
stats and thank you's
Found Money on the Table
Viral Marketing to Create Attention
History
Viral marketing is really just a form of Word of Mouth Marketing on SteroidsWord of mouth used to spread person-to-person and via transportationGutenberg printing press allowed first Mass Media distribution
Catalyst Method Explodes
Gutenberg's printing press
the Newspaper
Radio
Television
the telephone
The Internet
IM
MobileSMS Text messaging
Is your message, product or service worth talking about?
Buzz
New
Fresh
InspirationalInnovative
Controversial
EdgyHumorous
Heart Warming
TabooSecretive
Engaging (participation)
Suspenseful
Gmail
no marketingcreated scarcity by giving accounts to power users
cachet drove the market
The Death of Internet Marketing
34,000 Optins in over 24 hours
75,000 optin members in 1 week
Buzz
Delivery mechanism
maven
connectors
wiifm
Be careful with edgy
Infection stage
every viral campaign needs an infection of the initial host in order to spread
Massive initial infecting stage will have the greatest effect in most cases
Having a proper pre launch is critical
Tipping points
This can occur when a maven (authority figure) picks up the product and superconnectors pickup the thread
Infection Stage in your marketing
I. Having a proper Pre Launch is critical
II. Setup the right Affiliate program
III.
Use Press Releases, Articles, Video,Forum Posts and Blogs to get and keep people talking
Delivery Mechanism
Forced part of signup process
Incentivized uses WIIFM
Hyperviral 'Piggy-backing'
Self Advertising in the use of the product or the use of the product requires other friends and family to use the service
Examples: Skype, Paypal, Hotmail, etc.
Airborne
personal contact
intimate contact
blood or sexual intercourse
Delivery Mechanism in Marketing
If the delivery mechanism is not easy, it will kill the growth
Make it easy, fun, and logical to spread your message
WIIFMmake obvious what's in it for people
In B2B, affiliate program is key
Viral flow
content page1. name & e-mail
2. Tell a friend viral component
Blog
1. Visitor is sent to blog
2. Visitor is encouraged to leave a blog comment
3. Follow-up with more content
Scalability
Make sure your virus can scale when your dream happens
Ask yourself the right questions
What would happen if I got 1000, 100,000 or 1 million hits, customers, sales in 1 month/week/day?
Be proactive and make adjustments before you start your campaign. Do not be reactive to the problems that can occur during growth
Call to action
Marketing is key. Something can go viral and not make any money.
Must be easy to find
Duration
The key to long term duration is having a post launch strategy
Providing your users with a multitude of toolsTool already include the message and their name and affiliate link
Integration marketing - using the real estate pages of other marketers with similar targeted customers and prospects
More Great Tools to Leverage Viral Marketing
Others make money while spreading your marketing message
Free reports
Videos
Viral PDF/Branded PDF
Resale Rights
Master Resale Rights
PLR Rights
Recommended Resources
Viral Friend Generator
Butterfly Marketing
Robert CialdiniInfluence Persuasion
Internet Marketing | Butterfly Marketing | Mike Filsaime’s Blog
Take Action
Mike Filsaime's Online Strategies are Reviewed and Incorporated into Marketing Plan
Mike Filsaime Profile
Tom McCarthy IntroductionMike Filsaime is retiredHere as a favor to buddy Rich Schefren
Speaking is a businessJohn ChildressGreat speaking program
2007
On a plane speaking 60% of the year
Working constantly
Was declaring e-mail bankruptcy every 14 days
Decided to stop speaking
Decided to stop coachingOne year, made $4.7 million after $4.6 million previous year
Good to Great - Tom CollinsGood is the Enemy of Great
First 6 words of book
We owe it to the world to be great
5 Ways to Increase Online Profits
1. Get More Prospects (traffic, Viewers, Listeners, Readers, etc...)
A) BuyAdwords
B) CreateTraffic Geyser
Planting seeds on the Internet
C) Borrow
Affiliate programs
JVs
D) Empower
Empower affiliates
E) Integrate (Marketing like Coca-Cola)
F) Duplicate (Viral Marketing)
2. Increase conversion at point of sales
A. Test
TestAlways be testing
Tweak
Improve
B. New
New site designs
Audio video
Sales copy
C. Offer
Offer
The first thing you want to test
The offer is what you're going to give them and how they're going to get it
It's what they're gonna pay and how they're going to pay you
Guarantee'We offer a no-hassle money-back guarantee'
Offer a risk-reversal guaranteeAsk for performance outline before giving
Headline
D. Exit
Exit SaversGood sales people don't leave their card on the desk
Pop UpsA 24 hour discount offer can popup as well
Exit ChatsA live chat will come up when user goes to leave website
Optin
Optin
Squeeze PageFollow up
Monetize people on their way out
3. Maximize profit and number of transactions at point of sale
Increase Price. Offer Less
OTO
OTODownsells
up Sells
Cross sellsBumps
Thank you page ads
Backup CDBackup CD
Printed Deluxe Versions
Premium Phone Support
Premium Shipping
QuantityholidaysWould you like to buy 2, makes a great gift
2nd or more for half off (Multi License Gift, RV, etc...)
Amazon Up sell (Customers who purchased this also purchased...)
80% of our customers who do buy use this option
Have an ebook spiral boundcheck box: Preferred customers prefer this deluxe version shipped to them
4. Reduce loss and costsLower Refund Rate
Stick strategies
better customer support
better training
better productsupport forums
videos
help docsknowledgeable staff
Lower Production Costs
Outsourcing
5. Frequency and recurring
Now that we have customer, are we focused on...?
Everything else can become engine
Forced continuityback end products or outsource back end
followup for other products
direct mail
e-mail follow upGive people a newsletter sign-up box when checking out
call centersell ads
have different funnels for different products