Tag Archives: marketing
How to Make Money as a Blogger in 3 Easy Steps
How to Make Money as a Blogger in 3 Easy Steps
You’ve heard of people turning their blogs into six-figure income centers. And you’ve heard of others who’ve started a blog, worked hard at it, and then eventually abandoned it because it didn’t make them a dime.
I’m sure you’d like to be in the former category rather than the latter.
You can increase your chances of doing so but following these three easy steps for making money as a blogger…
Step 1: Create quality content in a hot niche.
People aren’t interested in reading ads or “spun” articles that are nothing more than gibberish. They want solutions to their problems. And that means they need quality content. In other words, they want useful information that solves their problems.
Here’s the key, though: While the information you provide should be useful, it should also be incomplete.
That is, it shouldn’t completely solve your prospects’ problems. After all, if you completely solve your prospects’ problems, then they really have no need to buy what you’re selling.
One way to provide useful but incomplete solutions is by sharing articles that tell people what to do, but don’t go into detail about how to do it.
Example: A marketing blog might have the instruction “buy a good domain name at NameCheap.com,” but it doesn’t get into the details of what it means to buy a “good” domain name. Then the blogger can point to a short report that tells people how to build a website (which includes how to choose a good domain name).
Step 2: Monetize your blog.
You’re already providing useful content. Soon you’ll have plenty of readers eyeballing this content. So before you bring in the traffic, you need to find ways to monetize the traffic. Here are three ways:
- Promote products and services. These could be your own products or affiliate products.
- Sell advertising space.
Example: You can sell a rotating banner ad on the home page of your blog. You can even sell plain text links.
- Get people on your list. Instead of focusing on getting people to buy products or click on ads, you can focus on getting them on your list. Then you can build a relationship with them, which makes it easier for you to sell products on the backend.
Step 3: Drive traffic to your blog.
Your blog is ready to make some money – now you just need traffic! Here are three ways to get traffic:
- Start a Facebook Fan Page.
- Get JV (joint venture partners). Then co-promote each other on your blogs, such as by guest blogging.
- Submit articles to article directories such as EzineArticles.com.
There’s not enough room in this article to share with you all the tips you need to know to make a killing with your blog. That’s why you need the 31 Day Guide to Making Money as a Blogger. Get your copy at www.davemcgarry.com/cms/bloggingforprofits.com
Are You Making This Mistake With Your Small Business?
Okay, I am a little ashamed to admit this but I made one of the biggest mistakes that most small business owners make. The thing that bugs me even more about making this mistake is that in business school this is taught almost day one and I still did it. Well, lucky for me I decided to start working with a business coach to help me through some of the struggles I am facing with my business. More on that later, but have I got your curiosity to see if you are making that mistake in your small business? Alright, I won’t keep you waiting any longer. The biggest mistake most small business owners make is that when it comes to figuring out their Break Even Analysis they forget to include into the fixed costs section a line item that has the owner’s salary!
Yes, you heard me correct. Most small business owners when starting out figure that as long as they calcualte and cover all the fixed costs, which typically include things like rent, operations, marketing, employee payroll, etc. that the business can survive and they are making it. Well, after going back and seeing that for the past year all my calculations have been based entirely on just having enough members of my Working Mom Workouts site to cover all the fixed costs minus a salary for me has made me realize that my entire marketing and advertising strategy needs to change. Once I added in a monthly salary for me the number of clients I ned to have paying me a monthly subscription has gone up 2-3x of what I originally projected. So, let me ask you again, “Are you making this mistake in your small business?” If so, don’t beat yourself up over it, in a follow up post to this one I am going to show you how easy it is to calculate your Break Even Analysis with your salary in it, so that you have a true picture of what it takes to have a successful business!
To your success,
Coach Dave
How To Make Your Sales Manager Better
Copyright (c) 2010 Mr. Inside Sales
I consult with a lot of business owners, and I hear a common complaint: “The sales team isn’t making their revenue numbers and my sales manager doesn’t seem to know what to do to get them to improve. What should I do?”
After reviewing their sales processes, their training program, sales scripts, etc., I always ask the same question: “How much production is your sales manager generating per month?” And I almost always get the same answer – “My manager doesn’t sell.”
Therein lies the problem.
The problem with most sales managers that they don’t sell. And the problem with that is how can they teach and manage something they aren’t doing themselves (or worse, can’t)?
Now I know there are differing opinions on this – some say managers need to manage from the sidelines (like coaches), need to be involved in higher level responsibilities, need to attend endless meetings, and need to be able to set revenue goals and get their team to achieve them.
I agree with some of this (except the endless meetings part!), but the most effective and respected sales managers and V. P.’s I work with all lead by example. They have a personal quota and they keep their skills sharp and refined because they are on the phones closing prospects and clients every day.
Because of this, they have a real understanding of what it takes to get the job done, and so they are in the best position to teach it to others.
Here are the top 5 benefits of having a selling sales manager:
1) Sales managers who actively sell have an up to date, intimate understanding of what techniques, skills and strategies work in your selling environment. And having this first-hand knowledge means they can teach it to others.
2) Because a selling sales manager has this immediate experience of closing sales, they are in a much better position to help their team members close business as well. They can easily do a TO (take over) when a sales rep needs help. This not only teaches the rep how to handle selling situations, but it often saves a sale as well. This is what your sales manager must be able to do, and it is a crucial part of their job.
3) A selling sales manager commands the ultimate respect and confidence of his/her sales team. A sales manager is a leader of his team, and the best way to lead is by example. Sales reps respect and follow a leader who can help them close sales and achieve their goals. They’ll also work harder for them.
4) A confident sales manager grows a confident and productive team. Nothing is better for a sales manager than to have him/her demonstrate, to themselves and others, that they have what it takes to successfully close sales. A successful selling manager isn’t afraid of setting production goals because he knows he can achieve them (and he knows what it’s going to take).
5) As a business owner, you must have the confidence that your manager knows exactly how to accomplish your company’s revenue goals. The most accurate way to determine this is by having the sure knowledge that he knows how to do it himself. This experience is invaluable and will ensure that the goals you set are reasonable and reachable.
The #1 problem I run across when working with companies is an unreachable, unrealistic revenue goal set by the owner that has no real buy in by the sales manager. It is this disconnect that causes friction, undermines morale, and often leads to demotivated, underperforming sales teams (and managers).
All this can be avoided when you have an experienced, hands on, selling sales manager who can give you honest and accurate feedback about production goals and the ways to achieve them.
There are many more benefits of having a selling sales manager leading your team, but I hope this short list has convinced you. Believe me, the fastest way to make your sales manager better is to give them a quota and require them to pick up the phone and start closing business.
If you don’t already have a quota for him/her now, then do yourself (and your company and your manager) a favor and set one this week. All of you will benefit from it!
Article Source: http://www.articlesbase.com/business-articles/how-to-make-your-sales-manager-better-3103502.html
About the Author
Want to sell more with less rejection over the phone? Download the free Special Report, “Ten Techniques to Instantly Become a Better Closer”.
"Stop Managing the Pipeline, and Start Managing Your Sales Team."
Copyright (c) 2010 Mr. Inside Sales
How much time and money do you devote to your company’s sales pipeline? Think about the resources, the software, the meetings, the forecasting, the managing and measuring you do, and the time and effort you give it. If you’re like most CEO’s or VP’s or sales managers, your sales pipeline is your life blood. It’s what you run your company by; it’s how you make decisions, and often times it even drives your stock prices.
While the pipeline is a vital part of the sales process, it is also where the most fundamental mistake is made, and this mistake costs companies millions (if not billions) of dollars every year.
The problem is that most companies spend too much time, money and energy on measuring and managing the pipeline rather than managing and improving the quality of leads that go into – and ultimately come out of – the pipeline.
In other words, most of the leads that go into your pipeline are never going to close, should never have been put in and, as a result, your company wastes hundreds of thousands of dollars generating and then chasing, and measuring and managing leads that will never close. That’s the real problem.
Ask yourself: “What is my sales department’s closing ratio?” I’ll bet you can answer that, can’t you? A typical company will report that it takes an average of 50 cold calls or contacts with decision makers to set 15 appointments out of which 10 will turn into proposals or pitches which will result in 1 or 2 sales.
And once this metric is established (as measured by the sales pipeline, of course) the sales strategy is set – to get more sales, you just have to set more appointments. And if you want more appointments, then you have to get your sales team to make more calls! Suddenly everyone works harder, goes out on more appointments, and…and…the desired results don’t come, do they?
And here’s why: until you address the fundamental problem- the quality of leads that go into your pipeline – you won’t improve your close ratios or your sales. Remember, you can’t close an unqualified lead, so stuffing more of them into your pipeline isn’t going to get you the results you want. In fact, it will just cost your company more money, frustrate your managers and wear out your sales team.
You’ve got to stop managing your pipeline and start training your sales teams how to generate more qualified leads. That’s the only real answer.
In fact that’s the secret of all top sales producers. Look at your own top reps. What are their closing ratios? I’ll bet they are the highest in your company, aren’t they? They would never consider setting and running 15 appointments because they don’t have the time to waste. They would rather spend their time qualifying (I call it disqualifying) out the non-buyers so they can spend their time finding, qualifying and working with real buyers. And they know how to do this because they understand sales. Unfortunately, 80% of your sales team doesn’t.
And that’s why sales training is your only real answer.
But sales training is what most companies don’t do well. In fact, if you want to know how well your own sales training is working, simply shop your sales team. Either call in, or get on your lead list and have some of your reps call you. Try throwing them some objections and see how they do. If you’re like most companies, you’ll be appalled by the results.
Again, this is the real problem. Until you solve this basic problem of training your sales team, having them generate and stuff more unqualified leads into your pipeline won’t get you the results your company needs. That’s why most companies end up spending so much time and effort managing and measuring the pipeline. It’s something they know how to do.
If you want to get out of this unproductive cycle and actually start improving your sales and revenues, then here’s what you need to do: Get back to the basics of sales training and redefine what makes up a qualified lead. Identify all the elements and create a qualifying checklist. Make your reps fill it out completely before any leads are generated. If you’re not sure of a lead, have a manager re-qualify it for them.
The bottom line is you must train your sales force (and sometimes your managers) how to find and qualify real buyers. The more of these you identify and put into your sales pipeline, the more meaningful it will become.
So take the emphasis off managing your pipeline, and start training and managing your sales team. If you do it right, I guarantee you it will finally give you something you’ll be happy to measure – more sales!
Article Source: http://www.articlesbase.com/business-articles/stop-managing-the-pipeline-and-start-managing-your-sales-team-3451517.html
About the Author
Want to sell more with less rejection over the phone? Download the free Special Report, “Ten Techniques to Instantly Become a Better Closer”.