Best Way To Earn Passive Income In 2020: Email Marketing

27 February 2020

If you’ve done it well enough and offered something of value for free, then a bunch of people will opt-in. Now you have their email address and contact info and you can follow up with them for the end of time or until they unsubscribe.

So, its important to give out some sort of free gift that you give to people in order to get their email. Okay.

Emails- All You Need to Know:

So what is your free gift, what are some things that work, really? Free ebooks. I’m sure you’ve seen those: “download our free report on __” For example, the eBook that I was circulating as a free gift was – “The 11 questions to change your life”.

And then if people liked it (in a lot of cases they did), they want more and I give them an offer from my best Journal course, so there you know after they got it all they can get my best Journal course. So this is a very simple, opt-in I put 11 questions down and I give it away for emails (Shopify product research). Now, this right here has brought in probably ten thousand email addresses and, people have moved or they’ve unsubscribed or I’ve deleted them.

Like I talked about earlier, but just from this little book right here I was able to generate a lot of income. Now I have their contact. So whenever I have a new video out, I know that they’re interested in self-growth. So maybe if it’s a self-growth video, I’ll shoot it out to them. Or maybe if it’s like a new offer I have, I’ll shoot it out to them.

Checklist:

So anything like this, which is sort of like a free book and I say its more of a checklist, which is the second thing that works really well – you can do a checklist. I know some big entrepreneurs who were like to get the free YouTube checklist. Okay, like the five things to grow your YouTube channel get for free.

Checklist and you take their email through email marketing and then you send it to them and it’s all automated. Another thing that I’m a big fan of its free membership sites and. For instance, I’ve had one in my Facebook Community for YouTube entrepreneurs. It’s pinned in the description there. And so it’s like a gear list, a list of stuff you use or a quick start guide and the goal with your free report or your free opt-in or your baits is to get people immediate results.

A good question to ask yourself is, what’s like something that your audience could take action on open and get immediate results on in like 10 minutes. So you don’t want your free report to be like an entire book, right? Authors will say get my first chapter for free, you don’t want your free report to be like just mega long, although it is a strategy, I’m not a fan of it. If I get a free gift, I want it to be immediate action.

So here is like gear favorites for it and conveniently these are all affiliate links, which is also cool, because even if they don’t buy anything from me, down the road and they still get some good info if they want to buy something for themselves. Well, I make a commission on this. So that’s a cool way you can cross-pollinate your income streams.

I’ve built a multitude of free gifts and distributed them to my subscribers through click funnels something that they can do in 10 minutes or look at in 10 minutes, something that you can put together super quick even in like a Pages document or a Word document or a Google Document and just export it to a PDF. But don’t spend too much time on this, the goal is to just get something up that you can start giving away to people to collect their emails through the email marketing.

Best Way To Earn Passive Income: Email Marketing

Lastly, when it comes to email marketing is for you to have multiple lists. This is because people have different interests. The people who are interested in YouTube, they’re not guaranteed to be interested in personal development, for example.

They’re not, into maybe saving and investing and so if you talk about multiple things on your Channel, blog or your brand you want to segment your list as much as possible. Okay, so just try to narrow it down to people who like tennis or people who like golf or people who like swimming if you have a sports club or something like that, because of the tennis people are getting swimming tips. They’re going to unsubscribe.

They’re going to get pissed off and that makes sense because you signed up for tennis not swimming. So as much as possible whatever that is in your business, try and segment your list as much as possible. And so that’s why I have 20 lists of them have 300 people and some of them have 6000 people.

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The Need for Speed-to-Lead in Sales

Salespeople can be awfully laissez-faire about when (and if) they contact leads, which is baffling given that the job is so centered on conversion. Many reps take a full three days to follow up on a new lead, giving the competition ample time to swoop in and make that all-important first touch. Sales are the lifeblood of any business organization. no matter the shape, size, or scale of your business, you need to work towards generating sales. However, for most businesses investing in training sales professionals can be a hectic process. A better alternative can be found by working with platforms and experts that work on commission only sales. This simply means that you pay the salesperson only when they are able to successfully execute sales and close deals on behalf of your organization. In a modern online world, prospects can rifle between competitors’ pages, compare offers, fill out multiple forms and survey even the most saturated markets in mere minutes – it, therefore, becomes incumbent on you as a diligent salesperson to vie for top-of-mind awareness. The best way to do that is to boost your speed to lead. Speed-to-lead, put simply, is the time it takes you to contact a new lead entering your system. It’s something you should be mindful of when considering how to improve your outreach efforts as the rapidity with which you contact a lead has been shown, across multiple studies (more on those in a moment), to have a profound effect on engagement success. Speed-to-Lead, by the Numbers: According to a study undertaken in partnership between the Telfer School of Management and a leading sales engagement company, engaging the lead within the first hour is seven times more effective compared to waiting 24 hours. The Harvard Business Review conducted the same study, and they found the exact same thing. Quick, But Not Too Quick: That same Telfer study comes with a caveat, though: you can’t pick up the phone within seconds and hope for the same engagement success. The sweet spot seemed to be between ten and 60 minutes of the prospect of becoming a new lead. The reason for this ten-to-60 minute delay could be because an instantaneous response seems automated and pushy, but, of course, it’s impossible to tell. You may like also: Avoiding Sales And Operations Planning Mistakes Automate for Speed-to-Lead: The best way to ensure that you make the first touch – and all subsequent touches – at the right time is with automated queue-based lead routing software. It’s a mouthful, for sure, but it’s essentially software that automates the prioritization of your sales reps’ leads to make sure that new leads are routed to the front of the call queue. The software then automates their call cadence to ensure consistent speed-to-lead and thorough follow-up. The Psychology of Speed-to-Lead: What is it about the speed that conveys value? From the prospect’s perspective, your speed might indicate a willingness to please, a certain eagerness they know will be valuable when it comes time for them to express their needs and pain points. Alternately, it might simply be the fact that you were there first. As mentioned briefly above, top-of-mind awareness is an important principle in engaging a lead, and being the first to contact gives you a significant advantage. Not only over other competitors but over short attention spans (everyone has them occasionally). Speed-to-lead is an important consideration for any sales organization looking to improve sales engagement and conversion. Automating rep workflow to contact new leads 10-60 minutes after they express an interest should have a profound effect on engagement success. Read Also: This Is Why Social Media Is Essential In The B2B Sales Process 7 Ways Technology Can Help In Customer Management And Sales Why An Automated Sales CRM Platform Is What Your Business Needs To Take Off

Ways That You are Wasting Money on Marketing

Marketing is vital to every company's success. Without the correct marketing strategies employed, no one will know about your business. Even if you have high-quality products, no one will care about them since they do not know that your business exists in the first place. It is true especially for small companies that are yet to create a name in the industry. Allotting money for marketing plans could boost your success. Make sure though that you spend it wisely; otherwise, you will be wasting the opportunity to advertise. You started marketing without a strategy: Not all marketing strategies work. Some of them are expensive, but you do not see the results. Others are free, but the tactic could attract a lot of people. The marketing plan is a long process that begins by researching the people that you are targeting. You need to know what they want and what advertising strategy appeals to them. For instance, if you decide to release a video ad online, it needs to be short and concise. Within that short time, you can capture attention if you have a strategy; otherwise, no one will watch it. You are not spending enough money: If you think of using a portion of your budget for marketing, you need to go all-in; otherwise, you are wasting the opportunity. Some marketing strategies are expensive and require you to invest a lot. However, you also build your company's name in the process. For instance, if you want media coverage in a massive event that is going to happen in your area, you need to spend money to be a major sponsor. If you are going to release a TV commercial, you need to spend money on quality production. You still need to be smart in determining how much to spend, but you cannot keep reducing the budget. You expect quick results: The problem when some people spend money on advertising is that they expect results right away. It does not work that way. When you advertise, you need to wait for a while before you see things go in the right direction. The reason why it is essential is that some people decide to give up and stop spending when the advertising efforts are still going on. Once you choose to use an advertising strategy, you cannot abandon it in the middle of the process just because you think it is not working. You are spending everything on one strategy: It would be a disaster if you invested all your money in one marketing effort, and it failed. Diversifying your tactics will help a lot. If you think that online marketing works, you can invest in it. However, you cannot assume that it will be successful. As such, it also helps if you spend money in other areas like the use of conventional marketing methods. You can try garment t-shirt printing since it is a proven technique that many businesses still use. You may also start giving out flyers and posters. Be careful in using your money for marketing and make sure you are investing it in the right way. Read Also: Top Tips For Making Business Purchases 7 Social Media Tips For Your Business Dos And Don’ts Of Marketing For Technology Companies The Importance Of Saving: The Bedrock Of A Bright Financial Future

Which Targeting Option is Best for Influencing Consideration?

Question: Which targeting option is best for influencing consideration? Remarketing Demographics Custom Intent Custom Affinity Correct Answer: Custom Intent Detailed Answer Of “Which Targeting Option Is Best For Influencing Consideration?” The answer to your question “Which targeting option is best for influencing consideration?” is Custom Intent. Custom Intent is the best targeting option for influencing consideration because it helps you to reach your ideal audience by entering apps, URLs, and relevant keywords. According to the reports, many digital campaigns are not able to reach their target audience. To eliminate this problem, Google launches Custom Intent audiences. This program enables digital marketers to create audiences based on online behavior and relevant keywords. Besides, you can set up this in your Video, Gmail, Discovery, and Display campaigns by adding particular apps, URLs, and keywords, related to your goods and services. What are Custom Intent Audiences? Now, you might be confused about custom intent audiences. No need to worry! I am going to explain in detail Google’s custom intent and its benefits in the long run. Custom Intent audiences is a Google product that enables marketers to target individuals presently researching particular solutions, products, and topics on the web by making use of Youtube or display video campaigns. Best Benefits of Custom Intent Audiences Yes, there are various benefits of custom intent audiences as it lowers the waste in ad budgets and reduces the stream of irrelevant online ad experiences by targeting high-quality prospects. Now, let’s discuss some powerful benefits of Google’s custom intent audiences. 1. Custom Intent Audience Targeting is Cheaper: Custom Intent audience campaigns reduce the rate of CPC (Cost Per Click) to a great extent while targeting the same high intent searchers. So, the drawback of the high intent search keywords i.e., high CPC eliminates by Custom Intent Audience. This is regarded as the best benefit of targeting options for influencing consideration. 2. Custom Intent Reduce Waste in Ad Spend Another benefit of the custom intent audience is that it reduces waste in ad spending. This gives you an opportunity to target only the most likely customers by making use of suitable offers. Moreover, this ad is only shown to a specific group of audiences who are interested in a particular topic related to your goods and services. This means that there are less wasted impressions when firms target unspecific niches or have too wide of a target audience. 3. Eliminates Targeting Expenses Eliminates targeting expenses is another benefit of using custom intent audiences. As already discussed above that search ad comes with a high CPC and the targeting prospects of both are nearly the same. Besides, responsive display ads featured in Custom intent campaigns get more click-through rates, impressions, and clicks at a lower cost. 4. Become a Thought Leader On A Given Topic Do you want to make your business a thought leader in your particular domain? If yes, then make the right use of custom intent audiences! You can analyze the URLs that are ranking on the first page of Google and make use of those in order to rank on the top pages of the search engine result page. Keep in mind, digital display ads with custom intent can reach the same result faster with a higher return on investment. 5. Tap Into Competitor’s Targeting Data & Advertise To Their Customers Custom intent audiences enable you to perform competitive research to gain insights into the keywords that bring conversions to your competitor’s websites. This way you can easily collect the data and use it for your own campaigns to target your prospect customers and increase conversion rates to a great extent. How To Create Custom Intent Audiences? To create custom intent audiences, you need to consider some factors that are listed below: i). Competitor’s pages ii). Competitor’s keywords iii). Search volume iv). Main competitors v). In-market keywords. Now, the proper steps to custom intent for your business, follow the below-listed tips step by step: Sign in to your Google Ads Account Click on “Display Campaigns” Pick one active campaign and click “Audiences” Then, select an ad group and click the plus icon Click on the pencil icon under the browser tab Select the blue plus icon and create a name for your custom intent Now, check the potential reach of your campaign under ‘Audience size’ The Final Verdict Custom Intent is the answer to your question “Which Targeting Option is Best for Influencing Consideration?” The above-described information explains the reasons why custom intent audiences can be used for targeting purposes and what are the benefits of the same. You May Read Also: Which Marketing Mix Element Deals Specifically With Retailing And Marketing Channel Management? Essentials For Digital Marketing How we could be able to get benefits from the outdoor marketing

Best Way To Earn Passive Income In 2020: Email Marketing

Emails- All You Need to Know:

Checklist:

Best Way To Earn Passive Income: Email Marketing

What Is Integrated Marketing Communication in 2020 [Full Guide]

Online Marketing : Selling Your Product And Services

Content Rally

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

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The Need for Speed-to-Lead in Sales

Ways That You are Wasting Money on Marketing

Which Targeting Option is Best for Influencing Consideration?

Best Way To Earn Passive Income In 2020: Email Marketing

Emails- All You Need to Know:

Checklist:

Best Way To Earn Passive Income: Email Marketing

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What Is Integrated Marketing Communication in 2020 [Full Guide]

Online Marketing : Selling Your Product And Services

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

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Popular

Follow Us

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