5 Profitable Businesses To Build Around a Non-Fiction Book by Jim Kukral #ASE17

How To Triple Your Revenue With Non-Fiction Books by Jim Kukral

CEO, AuthorMarketingClub.com & BusinessAroundaBook.com

Topics

  • How to maximize revenue from non-fictions books
  • How to take your expertise and sell it “beyond” the book
  • Discover business models available to you generate revenue
  • How you can get started today!

There are two reasons people use the Internet, and two reasons only:

  • To have a problem solved.
  • To be entertained.

Winning Non-Fiction Formula

  • Write a great book.
  • Build business abround the book.
  • Use book to drive leads to business.
  • Prodit. Wash, rinse, repeat.

Lets Do Some Math

  • The average non-fiction author will only sell 800 copies of their book in their lifetime!
  • Let’s say you are the anomaly and you sell 1,000 books next year.
  • 1,000 books sold at $5.99 on Amazon = $5,900
  • After you pay the Amazon cut, you make $4,130.
  • Plus your costs (cover, editing, marketing)
  • Maybe you only end up earning $2,000 from 1,000 books sold.
  • That’s not enough!

Why Do People Pay For Things?

  • People pay to have problems solved (non-fiction)
  • People pay to save themselves time
  • People pay because they don’t want to do it themselves
  • People pay because they don’t like making mistakes
  • So the question to you is…
  • What are you offering to people who want those things? And if you’re not… what’s stopping you?
  • Your book is an instant credibility builder and lead generator, it’s time you used it as such!

But Nobody Will Pay For What I Know!

  • Doesn’t matter in most cases what your book is about
  • Doesn’t matter that you think people don’t want to know what you know
  • What matters is you offer your expertise to a target of people who want the solution to the problem the have!
  • What matters is you use your book to build a business “around” that book!

The Big Questions

  • What type of business should I create “around” my book?
  • What do I price it at for maximum revenue/conversions?
  • How do I know if I’m pricing it too high or too low?
  • How do I most effectively close sales?
  • What should my sales funnel look like and how do I set it up?
  • Should I use Facebook ads? How do I set them up and where to target?
  • How much time/effort is this going to take from me to do?
  • How much money can I make from doing this?
  • What technology should I used to power my program?
  • How do I get my first sale and future sales?

Accelerating Revenue Growth Through Influencer Marketing by Tadd Spering #ASE17

Why influencer marketing?
Influencer marketing is one of the hottest, and most effective, ways to get your brand in front of a massive targeted audience.

Influencer Marketing Statistics

  • When social media is part of their buyer’s journey, customers tend to convert at a 129% higher rate.
  • They are also four times as likely to spend significantly more than those without a social component.
  • Customers acquired through word-of-mouth (such as influencer marketing) are retained at a 37% higher rate than those acquired through other means.

Brands are spending a lot on influencers

  • Globally, marketers spent $570 million on influencer marketing last year… on Instagram alone.
  • In 2016, brand sponsored influencer posts cost $9.7 million. By 2019, it’s expected to rise to $32.3 million. (Source: Media Kix)
  • On average, brands spent $25,000 – $50,000 per influencer campaign in 2016.
  • Some companies charge a minimum of $10k to run a campaign but results can be seen with a smaller budget.

Best Practices

Transparency

  • Ideal partnership between brand and influencer allows for transparency within the campaign terms and analytics.
  • Bloggers should disclose their exact number of followers and degree of influence.
  • Brands should clearly identify their content needs, specifically if there are any legal mentions such as #ad or #sponsored and pay influencers on time.

Campaign Tracing and KPIs

  • Brands and retailers should have a real-time view into how well the campaign is performing.
  • KPIs should be agreed upon before the campaign and measured fairly throughout.
  • Some influencers are better at driving sales and conversions while others are best for engagement and user acquisition.
  • KPIs should be unique to the campaigns.

Influencer Marketing will be a large part of the overall marketing strate

  • A recent Influence 2.0 study shows that influencers will play a role in the overall customer journey through content, engagement and community.
  • It is by engaging influencers in authentic, long-term relationships and creating value within the relationships between influencers and their communities, that CMOs can impact sales, satisfaction, retention and overall customer experience

Campaign Overview

  • Budget of < $10k
  • 10 style influencers created outfit posts featuring the products provided by brand.
  • Influencers shared all posts to their blogs, Instagram, Pinterest, Facebook and Twitter, with full tracking functionality through Stylinity’s Go2Buy platform.
  • The duration of the campaign was 3 months.

10 Ways to Make Your Affiliate Program Stand Out by Geno Prussakov #ASE16

  • 3 Goals of Co-Branding
    • Offering Co-BrandingThree- to four-fold increase in conversions (from 8.56% to 23.21% for a cashback affiliate, 2.5% to 10.9% for a coupon affiliate).
    • Affiliate Window: 66.45% conversion increase, ~44% revenue boost, and 132% difference in new customers acquired.
  • Supporting Mobile Affiliates by tracking and providing them with:
    • Mobile-friendly/responsive LPs
    • Creatives (for various devices)
    • Mobile APIs (for apps, etc)
  • Keywords on Network: Optimize for competitorsbranded keywords (including the ones on other networks)
  • Outranking on Search
    • Organic
    • and Paid Search
  • Performance Incentives
    • Tiered commission increases
    • Cash bonuses for reaching goals
    • Higher payouts for new customers
    • Contests
  • Activation IncentivesDefine “activation”Examples:
    • Putting links up
    • Starting to drive traffic
    • Referring first sale
  • How to incentivize?
    • Cash for links
    • Commission increase
    • First sale bonus
    • Cookie life increase
  • Being Different
    • Examples:
    • Co-branding a Tool
    • Commission Beating
    • Turning Referral into Contest
  • We learn
    • 10% of what we read
    • 20% of what we hear
    • 30% of what we see
    • 50% of what we see and hear
    • 70% of what we say
    • 90% of what we say and do
      — Dr. Vernon Magnesen
  • Adding Pay-Per-Call: Pay affiliates for hot leads that call in.Just as with other models, the advertiser “qualifies” the call.
  • Bridges the gap between online & offline.
    1. Connect
      (affiliate logo, wording, color gamma)
    2. Convince
      (exclusive promotion, urgency, scarcity)
    3. Convert (auto-apply promo, CTA)
  • Micro-Bars
    • Challenging for most designers, but important for many affiliates.
    • 88×31 = overlooked opportunity!
  • Support
    • Being reachable
    • Being responsive
    • Segmented approach
    • Tailored suggestions
    • Surveys

Marketing To Affiliates

  • Zoom In (and optimize on networks)
  • Beat (your competition on search)
  • Excite (by activation incentives)
  • Motivate (by performance bonuses)
  • Innovate (to stand out)

Marketing Through Affiliates

  • Equip (by supporting mobile)
  • Empower (through pay-per-call)
  • Improve (via co-branding)
  • Discern (importance of 88x31s)
  • Back Up (by personalized support)

Ad Blocking: The End of Advertising as We Know It by Jonah-Kai Hancock #ASE16

IAB L.E.A.N Ad Standards:
  1. Light file size, with strict controls on data calls, which affect latency
  2. Encrypted. All supply chain transactions should be https/ssl compliant.
  3. Ad choices supported. All ads should support consumer OBA opt out.
  4. Non invasive or disruptive. Ads should not interfere with the user experience. Includes covering content and sound defaults.

 

IAB D.E.A.L:

  1. Detect ad blocking, in order to initiate a conversation
  2. Explain the value exchange that advertising enables
  3. Ask for changed behavior to maintain an equitable exchange
  4. Lift restrictions or Limit access in response to consumer choice

Ad blocking Primer: iab.com/adblockingprimer

 

Google A.M.P:

  1. A. Accelerated
  2. M. Mobile
  3. P. Pages

 

5 Key Learnings:

1.Advertising
There are a lot of people who are not happy with the current degree of advertising and monetization on the web and mobile.

2.Ad blocking: who’s doing it?
It’s not just one demographic or one group. It is growing…

3.Mobile ad blocking: largely ineffective
Current solutions do not actually block the majority of ads served on mobile.

4.Revenue replacement
There is just no way that a tip-jar style pay-as-you-go solution for compensating publishers is doable industry-wide.

5.If The Content Is Missing
People are willing to turn off ad blockers, if they can't see the content they want.

 

Little-known Facebook Tips for Businesses #ASE16

 

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fb.com is a URL shortener for all Facebook.com addresses.

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You can invite people who “like” your page post to “like” your page. To do this, click the number beside reactions, this brings up a lightbox with a list of those who have reacted to your post. You’ll see an “invite” button beside those who aren’t already connected to your page.

Click “Invite” and they’ll get a Facebook notification. The next time they navigate to your page, they’ll be reminded of the invitation and see a call to action to like your page.

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Acknowledge those who share your posts. Click the number of shares beside your post and you’ll see a lightbox that displays the public shares of your post. In this view, you can react or comment as your page. I routinely “love” every single share.

 

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Sometimes, you update the featured image, title, or meta description of your post after you’ve shared it to Facebook. Before, you would have to delete and repost, losing the existing engagement. Now, you can force Facebook to rescrape your page to refresh their cached version, then click “Refresh share attachment” to dynamically update this information.

This feature is useful when you note a mistake or wish to alter your featured (og: image) image.

It can be tricky to find this link, as you must first click the time/date stamp to isolate the post. Click the dropdown and you’ll see the option.

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You can restrict who can see your posts, even when they visit your page. Narrow the audience by age, gender, location, and language.

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In addition to restricting the audience, you can choose your preferred, organic news feed targeting. Facebook has certainly put the screws to business pages over the past few years. The more effort you put into targeting your audience, the more effective your Facebook marketing becomes.

Your audience preference is interest-based according to the following categories;

  • Entertainment
  • Family and relationships
  • Fitness and wellness
  • Food and drink
  • Hobbies and activities
  • Shopping and fashion
  • Sports and outdoors
  • Technology

ASE16-nathan-smith-7bbbb.016There are endless combinations targeting possibilities for your advertisements. While all audiences are unique, you can do some recon by seeing what targeting strategies your compeitors are using.

When you see an ad, click the dropdown on the right side of the post, then click “Why am I seeing this?” This action brings up a window that indicates at least some of the targeting criteria used in this ad placement.
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Have you ever seen a recurring ad with your friend’s face attached to it? While your friend did nothing wrong, perhaps it made you annoyed with them. “Bob likes Wix.”

In your profile settings, you can choose to not allow Facebook to pair your social actions with paid placements.
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Have you ever seen a post you’d like to follow, but didn’t have anything to immediately add to the conversation. Maybe someone asked a question in a group, and you would like to see the answers. You don’t have to comment with a period or like the post.

Just click the dropdown at the right side of the post and choose “Turn on notifications for this post.”
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Another scenario is when you’re skimming Facebook during your word day. You see an interesting article that you don’t have time to read at the moment.

Instead of trying to recall who shared it to find it later, click the dropdown and then “Save post.”

Your saved posts are collected in a tab in the left column.

Facebook will also send you a reminder email if you haven’t read it.
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When people comment on your posts or they post to your page, there is an option to send them a private message as your page. This is especially helpful for customer service issues.
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Not so long ago, Facebook’s customer service was on par with Google. Yeah, non-existent.

Things have gradually changed for the better. Recently, Facebook has launched monitored email and live chat avenues for customer service.

Live chat was initially launched specifically for their ad customers. If I had an issue that wasn’t directly related to advertising, I would begin with a question about ads and would spring my real concern when the agent would ask “is there anything else I can assist with?”

Recently, Facebook has expanded the live chat to cover all business purposes.
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Go to your page and click “notifications” then “activity” to reveal mentions and shares you may have missed.

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A timely post about a trending topic can give your post a boost in reach. Public posts display in the public feed of trending topics. When FB users click on a trending topic (right side of news feed), they may see your post.

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On your page, click “messages”, scroll down to the bottom and click the “i.”

Select “Response assistant”

Alternatively, click “settings” then “messages”

Set your response time

You also have the option to set up a series of automatic messages.

  • A customized away message for when you’re not able to quickly respond to fans
  • A personalized message that is automatically sent the first time someone sends your page a private message
  • A specialized greeting that displays in messenger before a message is sent

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Messages can include the person’s name and/or your URL.
facebook login approvals unrecognized browser

Last week, I was alerted to a login attempt on my Facebook account. Had I not enabled “login approvals” or “login alerts”, my account would’ve been compromised.

Facebook login approvals require a generated code to access the account via a new device or browser.

Facebook login alerts let you know when there is a suspicious login attempt on your account.

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It can be difficult to grasp the targeting options that are available with Facebook ads. This post includes an infographic that provides an overview of most of the options.