Dianne wrote:ForestMarie,
Not being a "rookie," regarding PPC I will say it again: PPC can be very expensive and did not work for ME. And, yes, I have all of Mike Dillards' stuff and read it, at least twice..thanks. By the way, some of the links in there lead you to people who are scam artists. The Craigslist guy is one of them... did you know that?
Read it again ... twice ... especially the part of funded proposals.
I am not bashing Mike Dillard or his products and I agree they are a great way to build a residual income. But, that being said, you still have to find somewhere to advertise the products. If you are advertising for him, what is your conversion rate of people wanting to join your Direct Sales Marketing company after they sign up? Or, is your only business advertising his affiliate links?
I don't advertise his products directly or with PPC; I have a few banners on my blog. I also have a few pieces in my newsletter I send out.
The following are all comments in the link here:
Thank you for confirming the expense, time and education it takes to learn PPC and, yes, it does have EVERYTHING to do with SEO strategies and algorhythms. Look up the information by a man named Ken Evoy.
I'm not interested in Ken Evoy's "information." I'm as techy as him and probably a lot more by profession. Many people talk about algorithms ... I write them for $150/hr and crack them as well. PPC is all about keyword research and highly converting pages ... SEO is about on page factors and off page factors. Period. If you are talking about having a SEO optimized page for your PPC ad to improve quality score, that's a discussion I'll partake in.
"The power of copywriting and conversational hypnosis?" Come on, isn't that a little nasty? So you admit that writing about things that people want to read and talking to people is the way to go? Thank You. That is what you want to do in Network Marketing is it not? Coach, Mentor and Build Relationships...hmm, there's a novel idea! It's not costing me anything and by the way, thanks for the plug.
Negative. Copywriting and conversational hypnosis are powerful and I commend him for being proficient in those areas.
The question you need to ask yourself is how long will you allow yourself to be leveraged by Michael's funded proposal, such as his "Mentoring for Free" system that you're building for free as he doesn't give you a cut for your efforts because he "doesn't believe" in affiliate programs. Please...
So are you are virtually calling my method "dumb, fat and stupid and my mother is prettier than your mother?" Have you tried actually talking to people? That is what Network Marketing is all about. Your Direct Sales Company is just your company with its products. It is not Network Marketing.
"Nobody cares about your business. You need to HELP people first and then it will come back to you on the back end.
Stop "Selling".
Start "Helping".
Really, I thought network marketing was about marketing through a network and making money at the end of the day. Interesting that you say I need to help people first but earlier you mention you were interested soley in building your business and not an affiliate program that can really help someone.
Gee, I think this is what "Mr. Kool-Aid" (as you so nastily refer to him) teaches. Again, thank you for reinforcing my point... And, have you tried the method before you bash it?
I've seen enough of the method to know that Michael leverages rookies and makes them drink his kool aid and builds a dependency on him. He's not really interested in helping you. Seriously. He's not. Get over it. He's leveraging you guys to build his brand, his system and his products. And worst yet, he's selling "mentoring for free" to backdoor people into his program Vitamark using conversational hypnosis by sending all types of psychological triggers that Vitamark is a "5 Pillar" company and no other company is in the same league yadda yadda yadda ... What a bunch of
BS!...
Please, do the numbers on a great PPC ad and tell me what the average signup/conversion rate is into your Direct Sales Marketing company doing PPC. The normal average is 2.7 people. What's yours?
Sure, as you know, I'm very technical and I always measure stats. And I would be delighted to show you my numbers.
Here's my recent setup for PPC for Carbon Copy Pro and Wealth Masters.
My average lead from PPC costs me $3.00.
So,
1000 leads = $3000 dollars With Carbon Copy Pro, first thing is the application sale of $49.95. This is the funded proposal. I get a $25 commission off this.
On average, 4.5% of my leads invest in themselves by investing in an application.
Ergo.... 1000 leads = 45 applications
So, 45 applications = $1125 ($25 per app)
Stay with me ... just warming up
Applicants then invest in the Carbon Copy Pro marketing system by investing in themselves by investing in a BiB ("Business in a Box").
On average, 20% of applicants invest in a BiB.
Thus,
BiBs: 20% of 45 = 9 BiB Sales
9 BiB Sales = $1800
Total earned so far: $2925 (almost breaking even)
But watch this ...
Carbon Copy Pro is simply a marketing system for Wealth Masters International (WMI) ...
20% of my BiB investors invest in themselves by investing in WMI as an M1 consultant
So ... 20% of 9 = 2 M1 Sales
2 M1 Sales = $2000 commission
Total earned:
$4925 + $300 residually monthly (for Carbon Copy Pro)
So now I've made about $2000 increased by residual by $300.
Kowabunga! This Is HugeAdditionally, 33% of M1 members invest in an M2, which pays out $3000 - $5000 commissions.
Further, 33% of M2 members invest in an M3, which pays out $7500.
Nevermind the residual money made from second-level sales on M1, M2 and M3s...
The best thing about this is ... it's
3rd grade duplicatable and
EXTREMELY scalable.
Also, this method is profitable even at $5 a lead, $2 under my average...
And yes,
I open the campaigns up to my team...And, yes,
they love me. And when we talk, we talk about
what we're going to do with our money such as investing in stocks, real estate, businesses, systems, etc.
I don't need to get them to drink kook-aid by
loving them with a servant's heart. I've found people that do that simply don't know how assist people to make real money so they build a "friendship" to keep them fanatical to keep leveraging them ala Dhloughy...
Padding someone's wallet is
KING IN THIS INDUSTRY.
Kowabunga!!!!