day two how to make passive income on the internet
TRANSCRIPT
Agenda
• How to quickly, cheaply and easily build info products
• How to write a winning sales letter
• How to drive traffic to your website
• How to use social media to drive traffic
• Workshop dinner
Advantages of text:
• easy to produce
• easy for people to download
• low tech
Disadvantages of text:
• can be time consuming to prepare
• can look bland or be perceived as lower value
Advantages of audio:
• quick to make
• equipment / software is simple and cheap
Disadvantages of audio:
• can be hard to get quality just right
• clients may not be able to access it so need to provide support
Advantages of video:
• relays your message in an easy-to-learn way
• can look impressive
• high perceived value
• can use the video to produce audio and text
• once it’s set up you can produce large amounts of content quickly (eg event)
Disadvantages of video:
• can be expensive
• can be a hassle and time consuming to set up at the start
• requires some specialist knowledge
• post-shoot editing can be time consuming
• requires more equipment
• harder to deliver due to file size, so may need more customer support
How to build text products:
• Write it yourself
• Use www.rentacoder.com
• Use Debbie Dragon ([email protected])
• Transcribe your audio or video
How to build audio products:
• Record yourself talking about a topic
• Read out your text, or get a voice-over artist
• Interview experts
• Run teleseminars
Methods and equipment to record audio:
• Digital recorders
• Acoustica
• TRX recorder
• Teleconference service
• Skype
Editing audio:
• Acoustica
Adding royalty free music:
• www.royaltyfreemusic.com
How to build video products:
• Video yourself talking to camera
• Video experts
• Run an event
• Camtasia of a powerpoint
• Webinar
We find that conversion rate depends greatly on
the source of the traffic…
Warmer leads mean higher conversions
Our conversion rates for different traffic sources
• 1-1 face-to-face 80-100%
• Stage presentation 40-50%
• Teleseminar 20-30%
• Email series to JV list 10%
• Google adwords 1-2%
• SEO / Web 2.0 traffic <1%
Driving Traffic
● Google adwords
● Email marketing to lists in your niche
● Teleseminars for lists in your niche
● Speaking opportunities
Driving Traffic
● Referrals
● Free publicity in targeted media
● TV and radio interviews
● Articles / interviews on key blogs in your niche
Driving Traffic
● Youtube videos
● Other Web 2.0 strategies (Facebook, Twitter, social bookmarking sites)
● Blog and forum commenting
Driving Traffic
● Submit free articles to article directories or PRWeb
● Submit powerpoint presentations to www.slideshare.com
● Podcasting / iTunes
What we’re doing tomorrow• How to build the website and monitor and
fine tune
• How to take your info business to the next level – dominating your niche
• Membership sites
• Other ways to dominate your niche – Free publicity, speaking from stage, best seller