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Saturday, 17 March 2018

How to Use the Book You Wrote to Close Sales

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It's time to dust off the proverbial dust jacket and put your book to work for you.




5 min read





Opinions expressed by Entrepreneur contributors are their own.





We've all heard that a book is the modern-day business card, yet many of us have put considerable time and effort into writing books with nothing to show for it. Well, it's time to dust off the proverbial dust jacket and put your book to work for you this year. Here are the top five ways to use your book to close sales.

1. Get past the gatekeepers.

Your book can put you in front of a prospective client far more effectively than an email or phone call. A book sets you apart as an expert, and bestselling status provides social proof. Send your book to a prospect with a personal note, such as, "I'd love to follow up with you after you've read chapter four."

Related: Should Entrepreneurs Write a Book to Become More Influential?

Doing this, your book accomplishes the following. For one, it's well-known that lumpy mail gets opened far more often than direct mail. Books, all the more so, do not get thrown away without being opened first. Second, a book that solves a prospect's problem is a welcome gift. Third, your book sets you apart as the authority who can help solve that problem. When you follow up a week later, even if your prospect hasn't read chapter four, or any other part of the book for that matter, she still recognizes you as someone who can help.

At a meeting with both the CEO and director of operations of a fast-growing financial planning company in Seattle suburbia, I handed each of them a signed copy of my book. They both were especially impressed when they saw that it was a "No. 1 International Bestseller." A few days later the CEO called me and asked for my help with marketing, interviewing him on webinars and Facebook Live, and launching his book.

2. Meet your prospects for coffee and give them a copy of your book.

When you meet a prospective client for coffee, hand him a copy of your book. By making the personal connection, and gifting your book, your prospects are more apt to know, like and trust you and therefore do business with you.

I met with a prospective client at my favorite coffee house. After I listened for about 45 minutes about what she wanted to write about in her book, which she wanted to give to her cousin, a film producer and director in Romania, I gave her a copy of my book (my marketing asset). She called me an hour after our meeting, and signed up to become my high-end client.

Related: The Entrepreneur's Guide to Writing a Book

3. Hold free workshops in which you talk about a few chapters in your book and either give it away to participants or raffle it off.

The best way to conduct a free workshop is to find places where people already congregate. Networking groups and mixers are always looking for speakers. Join one or two of these groups, get to know the leaders and get yourself on their speaking schedule. At the end of your talk, give away your book or raffle it off. And be sure to get referrals. Ask who else you can help -- who else could use your book.

4. Use your book to get speaking opportunities.

When looking to speak to larger audiences, your book is your foot in the door. It is far easier to get a speaking engagement with a bestselling book behind you.

After I published my book and it became a No. 1 international bestseller, I was contacted by the host of a radio show in the Denver area, who invited me on her show to talk about my book. Her operations manager reached out to schedule the phone interview, and the following week, the radio host interviewed me for her show.

I've even been offered speaking engagements by Facebook direct message, based upon the success of my book alone.

Related: 9 Tips to Stay Motivated When Writing a Book

5. Teach a class on your book.

Reach out to your ideal clients or a community college to offer classes based on your book. Knowing several real estate executives, I reached out to them asking to do a free series on how to use your book as a business card. You can do the same. Find people for whom your book solves their problem, and offer to teach them.

Even though the opportunity exists for anyone to write a book, few actually do, and far fewer know how to market the book once it's written. If you've taken the time and effort to craft your wisdom into a book, it's time to take your book out and share that wisdom with others. Use your book to get in front of your ideal clients, by reaching out to CEOs, landing speaking opportunities that further seal you as the authority and allow you to build instant rapport with your audience, and teach classes to people who need what you're offering. Your book, marketed well, is your vehicle to more clients, more business and more growth in 2018.







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SPI 268: How to Up Your Online (and Offline) Game with Jordan Harbinger

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I’m thrilled to welcome Jordan Harbinger back to the podcast to talk about the most important factor in the success of your business: you. In this episode, Jordan’s offering up the lessons he’s learned as the host of The Art of Charm podcast about building authentic relationships, winning over an audience, and making a stellar first impression.


As a podcaster, public speaker, and coach, Jordan knows a thing or two about making quality conversation and putting a listener at ease—the kind of skills that can transform an everyday run-in with a stranger at a conference to a lifelong professional relationship. In this episode, he’ll share stories from his business journey and key teaching moments he encountered along the way. He’ll debunk a few myths about what makes a good first impression and offer up a few, simple rules for staying confident and genuine while networking.


Like Jordan says, there aren’t many “hacks” or “quick fixes” for becoming a confident communicator—upping your game takes practice. Listen in to get Jordan’s expert advice on taking your communication skills to the next level. I learn so much each time Jordan and I sit down to chat, and I know you will too!


Thanks for Listening!


To share your thoughts:


To help out the show:


  • Leave an honest review on iTunes. Your ratings and reviews really help and I read each one.

  • Subscribe on iTunes or download our mobile app.

Special thanks to Jordan for joining me this week. Until next time!




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5 Reasons Your Mobile App Needs Video Integration

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Humans are visual animals. Quality videos increase engagement, improve user experience and set your brand apart from the competition.




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Opinions expressed by Entrepreneur contributors are their own.





Mobile apps have the power to do many things, and you'll need to make choices as you decide which features to build into your app. One decision you might not have considered: video.

No matter what your app is or does, you should think hard about adding a video component. I can hear you wondering: Why would my app to help create a budget or play a game need video? Plenty of reasons! Here are just a few.

1. User interface.

Humans are visual creatures who'd rather watch a video than read. Video within the app can provide an introduction, explain how to use various features or serve as a small advertisement about your app and what it does. Such videos will increase user satisfaction and engagement during time spent in the app. 

Example: One store that sells appliance parts to homeowners includes a video for each part it sells. Every video presents a step-by-step installation guide for each specific model.  Buyers can follow along to fix their dishwasher, stove or clothes dryer.

Related: How to Create a Successful DIY Video on a Budget.

2. Statistics.

The stats around mobile video are astonishing. According to Statistica, the majority of consumers around the world mostly use mobile apps to access videos on their mobile devices. You need to be part of that.

Example: A time-tracking app can provide a simple entry to video, with reminders on appropriate time logs. 

3. Promotion.

A 30-second video will get users excited about your app in ways a screenshot simply can't. (Check out this beautiful video for the SkyGuide, which lets you view the night sky.) Videos can sell the app in an advertising format, offer a brief preview of your app’s functionality or do both. These videos are displayed prominently in Google Play and iOS stores. Plus, more than 300 alternative stores exist to help you promote and sell your app. Most of them, including Amazon, allow you to display a video.

Example: A game app can offer assistance via video at core parts of the game. Before prospective users knew what Angy Birds was, they were treated to a short intro video that depicted a giant finger pulling back a slingshot and knocking over pigs. It played just before the game began. This separate video demonstrates an award-winning game, Monument Valley.

Related: How to Create Video Content Without Being on Camera

4. Social media.

Speaking of advertising, you can use your app's promotional video on social media platforms, too. On average, Facebook reports more than 8 billion video views per day. (Mostly with the sound off, by the way.)

Example: An app could tackle complicated processes by highlighting excerpts on social-media channels. Walk users through the process by showing a calm and happy person slowly taking each step. With video, users can repeat as many times as needed to address their problem.

Related: 26 Apps to Help You Create Epic Social-Media Content on Your Smartphone

5. Customer expectations.

About 80 percent of apps are deleted after just one use. Some apps seem to promise one thing and deliver another. With more than 6.5 million apps out there, it will be easy for yours to get lost. That's probably not what you were expecting after all the work, time and money you put into building your app. An explainer video that demonstrates what your app is and what users can expect will go a long way. If a consumer is faced with two similar apps, but one offers a nice, short explainer video, odds are the one with video will get the nod. Even a short video can help reinforce a user's confidence that your app meets his or her needs. 

Example: Linear-based apps, such as an income-tax form, could start with a video explaining the process. This relaxes the user before she or he gets started. Then, videos along the way can offer further instruction as needed.

Related: By 2019, Video Video Marketing Will Be Everything. You've Got to Get in on the Trend -- Now.

Building videos that support your app.

Given the time, effort and money you’re putting into the app itself, you might feel tempted to use pre-built cartoons via a template service. Don’t. The videos in your app should match the overall app design and quality. Otherwise, you show potential customers that your app is thrown together. This mismanages their expectations.

Videos should be integrated into the app itself. A link that sends users to YouTube doesn't cut it. Each video should be so much a part of the app that it flows and feels like part of the user’s experience.

Related: How to Make a Video Like a Professional for Under $250

Here are some other things to keep in mind with your app video:

  • Create a special video player for the app, with a similar skin, and embed it at various stages of app use.
  • Make it easy to find your video and just as easy to turn it off, if a user wants to skip it.  
  • Determine which videos will play during a specific part of the experience and which will play only after the user selects a "Help" or "More Info" button. 

Related: 7 Ways to Create a Killer Marketing Video







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Physical Product Experiment [PPE #3]—Prototypes

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Welcome to the third installment of the Physical Product Experiment! If you missed the previous two installments, go back and check those out first before reading on. You can find those posts here: Physical Product Experiment [PPE #1] and Physical Product Experiment [PPE #2].


In this installment, Physical Product Experiment [PPE #3], we’re exploring prototypes! But first, here’s a quick recap of where I started and where I am today:


I am experimenting with a physical product: a productivity calendar I hope will be like nothing else out there. In the first post in this series, I shared details about the product itself, and where I’m starting my research. In the second post, I discussed how I am going to be reaching out for validation and feedback.


Regarding that validation and feedback, I mentioned in the previous post that we were hoping for twenty volunteers to help us test out the calendar with an actual, real-world task: writing the draft of a book in ninety days. And guess what? We have our volunteers! We were grateful to receive more than 120 applications, and then whittled that down to twenty-one applicants who had a wide variety of backgrounds with a wide variety of reasons for achieving the same goal: writing a book. That variety is best for testing too. Although I wish I could have picked all 120+ applicants, the cost and logistics of shipping the prototype package (more on that below!) would have been a little too much to manage at this beta test stage.


For the twenty-one applicants we picked, we’ve already sent you an email announcing your part in this exciting experiment! But I wanted to also mention you here, as I truly appreciate your support in this! The twenty-one volunteers for the beta stage of the Physical Product Experiment are:


  1. Gina

  2. Jess W.

  3. Barbara C.

  4. Alex S.

  5. Greg S.

  6. Benny H.

  7. Nakita R.

  8. Mary J.

  9. Stacy B.

  10. Kristie W.

  11. Kristen D.

  12. Jeremy C.

  13. Bree K.

  14. Jeremy

  15. Kelsi M.

  16. Shannon K.

  17. Russ K.

  18. Laura

  19. Jami B.

  20. Alina

  21. Nick H.

Thanks for being willing to go on this journey with me!


For the others who reached out, thank you so much. Unfortunately, we had to limit the number of volunteers, so some of you didn’t make it. But I truly appreciate your amazing outpouring of support. That, in and of itself, is validating for the experiment. Thank you.


Now, there’s a reason why we limited this volunteer group to twenty-one, besides the cost. With small groups, you have a more controlled environment, which is better for communication. With larger groups, it’s more challenging to keep on top of all of the feedback—you risk miscommunication, focus is split between too many people, and you tend to lose sight of the goal. In this case, the goal is to determine if the physical product will help you with your desired outcome.


That’s the whole purpose of this experiment—to create a physical product that will be a game-changer in the lives of those who use it. With a smaller, more focused group of “beta” testers, we can avoid creating something like the universal remote—with hundreds of buttons and a minuscule percentage of useful ones.


The MVP Stage


Right now, we’re nearly at the Minimum Viable Product (MVP) stage. We’ll soon have the basic components of the product—a prototype—to ship to our volunteers so they can start testing it.


Once the MVP is complete, we’ll share that with our volunteers so they can go through the process of engaging with and actually using the productivity calendar to help them write the first draft of their book in ninety days. And, as the first-round test group, the volunteers will be taking notes of what works well and what needs improvement, from the concepts to the workflow. As I mentioned before, I want this productivity calendar to be the tool to help engaged and aspiring people to achieve targeted goals. If the volunteers think otherwise, we need to remedy that until it does help!


Now, one really cool aspect of this is that the volunteers signed up, for the most part, because of an expressed interest in getting unstuck. They’ve wanted to write the first draft of their book, but have struggled to finish, find motivation, or lacked the accountability to cross the finish line. My goal is that this physical product will be their winning system, their blueprint for success.


Productivity Calendar Prototype Components


My team and I have devised three components to this physical product, all designed to work with each other as part of an integrated method for being super productive and achieving goals. Those components are the calendar, the workbook, and the community.


Each of our twenty-one volunteers will receive a package, shipped to their physical address. The experience will start the moment they open the box, which will include the calendar, workbook, and a welcome sheet that will explain how this experiment will work, when it will start, and a thank you message from me. It will be an exciting unboxing to kick off the goal-seeking journey with a bang.


Let’s look at each one of the prototype components individually.


1. The Calendar


This whole journey began with the idea of creating a better calendar for planning projects and improving productivity. In its original form, it was going to be a large, mostly blank wall calendar to incorporate whatever projects or tasks you would have within your life. Since then, the idea has grown into something much more targeted: a calendar that will be used in conjunction with a workbook to help guide a person through the process of achieving a very specific goal. The first goal we are tackling is writing the first draft of your book in ninety days. This is just one of many goals that there will be workbooks for in the future. (We’ll get to the workbooks in a minute.)


When the testing starts with our twenty-one volunteers, the calendar will be what we call a medium-fidelity version, between low-fidelity (a simple sketch or wireframe) and high-fidelity (fully designed from top to bottom). This medium-fidelity version will allow the volunteers to do what they need to do, but the product itself won’t be in its 100 percent finished design in terms of final colors, fonts, and material.


As for the size and shape of the calendar, our vision is to have a giant wall calendar. But we still need to determine the precise size and shape that will be best for the people who use it based on placement (it shouldn’t take up the entire wall!) and usefulness (giving people room to write, place stickers, engage with their goal in a meaningful, structured way).


A big reason why I think the calendar is extremely important is not only for its tracking purposes or goal-setting capabilities, but for its place as a daily reminder. The calendar itself will be quite large. So, when you put it up on the wall in your writing cave or office, you will have that tangible, in-plain-view reminder every time you sit down, which I hope will be an excellent motivator. At least this is what I visualize in my head.


It’s like what Hal Elrod talks about in his book, The Miracle Morning, when he describes the SAVERS method of establishing a miracle morning. The “V” in SAVERS stands for “Visualization.” Another way to put it is to imagine (visualize) how you want things to pan out in the future. That’s a big motivator for me.


When I was writing Will It Fly?, for instance, I loved the idea that readers would be going through and finding value in the book’s exercises. I was motivated by visualizing people reading the book, going through the exercises, sending me messages about how the book helped them. It may have never happened, but the idea that it could motivated me to keep writing. But guess what? It did happen, and I receive messages from readers almost every day!


The same is true for this physical product. I’m super motivated by the idea that this productivity calendar and workbook will help people achieve their goals. And, for those using the product, the calendar itself is a visualization exercise. When you see your goals and dreams in plain sight on the wall, your daily reminder to work on specific tasks in order to achieve those goals and dreams, it makes it easier to make those visualizations become a reality because it’s there in a place where you see it every day. It’s the classic power of positive thinking: you envision your goals, which helps to reinforce them and keep you on track to achieve them.


I am so excited to see how you use the calendar—putting it up on the wall, how you interact with it on a daily basis, and the reactions shared with me and the SPI community as a whole. That’s what truly motivates me to make the best possible product that I can.


2. The Workbook


The workbook will be more than a blank journal. I love those type of journals and others like The Five Minute Journal, which you know I rave about. They’ve helped me immensely in my business career, and as a writer. But I wanted to create something that stands out. That’s one of the reasons why we’re calling it a workbook as opposed to a journal. This workbook will have more structure, with both journaling opportunities and instructional exercises geared toward the specific goal it’s addressing. It will include guidelines for people as they progress through the ninety-day timeline of writing a first book draft.


My team, especially Matt and Janna, are seasoned writers who have a lot of experience in writing and editing, in addition to helping authors and author-entrepreneurs with strategy in the areas of book publishing, book cover design, and brand voice development. Matt, who’s the CEO of Winning Edits, helped on the editing and content strategy of my first book, Let Go. I connected with Janna through Matt. Her experience in running a literary magazine (Under the Gum Tree), and overall editorial strategy is also a necessary addition to this experiment.


So the workbook will be a companion to the calendar, a tool to check in with yourself and reflect on what is working, what isn’t working, and take notes on potential blockers or distractions. It will include a daily tracking element that will correspond with the calendar. It will also be an integral tool to help people overcome the biggest struggles associated with the goal they are working toward. Each workbook guide and goal we tackle with this product line will have its own section dedicated to overcoming the most common struggle people have while working toward that goal. It’s another differentiator for these workbooks, and it could mean the difference between someone actually pushing through versus not moving forward at all.


For this product prototype, the workbook will help people overcome one of the biggest struggles of writing a book: writer’s block. Yes, that dreaded writer’s block, the bane of every writer’s existence, the thing that keeps you from doing what you want to be doing: writing! But, the good news is that the workbook, along with the calendar, will guide you past it.


The last aspect of the workbook I am really looking forward to seeing how people use is the stickers. Yes, the workbook and calendar will come with stickers to add that visual oomph to your daily productivity.


3. The Community


We have the calendar and the workbook. The third component is the community, an element that is obviously really important when you’re doing any sort of beta launch with a founding group of volunteers because you want a place for them to leave feedback and to express what they’re going through so that you can understand how they are using your product and what is going through their mind.


The community component will also be a part of the final product launch, which is not something you see that often. Typically, community aspects of launches are part of the beta or testing period only. But I think it’s massively important to keep for the public launch too. In my experience, a group working toward a common goal has a greater chance for success. There’s more accountability and camaraderie in a group setting—like the gym partner who cheers you on during that last rep. Plus, having a community creates a space to ask questions, get feedback, and even provide a little bit of friendly competition!


We’ll also be testing out a platform for housing the community. Something different from what I’ve used in the past for other launches (but I do use it regularly with my team). That platform is Slack.


If you’re not familiar, Slack is an amazing and powerful communication tool that can be used to create and foster conversation around specific topics or projects. [Full Disclosure: As an affiliate, I receive compensation if you purchase through this link.] A lot of people are using Slack nowadays for hosting their communities and it has a lot of benefits. My team uses it internally and I know a number of other teams who use it as well, but I’ve been noticing that a lot of people who sell products offer a Slack community so that their customers can communicate with one another and the product owner as well. That’s pretty cool, and I want the same for this calendar product.


There’s also a cool tool for managing Slack communities called SlackPass.io, which seems like it will become an important part of the administrative process for my team. Some companies that charge for the communities also use this tool to collect payments and manage membership.


Slack comes with a number of advantages. It has an intuitive, and easy-to-use interface. And, one of my favorite features, you can archive conversations, which is something that cannot be done with Facebook Groups, for example. Facebook Groups are great, and they are popular right now, but they may not be best suited for longer term, goal-related processes like this. Slack, on the other hand, empowers everybody in the community to engage on the level that suits them best. And, for me, as the one overseeing the community, I can separate conversations into channels based on certain topics.


For example, there may be a channel specifically for questions for me to answer. There could be a channel specifically related to wins that people can share. There could also be a channel specifically created for all of the random conversations, which is fairly common. For Team Flynn, we have a similar Slack channel called “Giggles” and that’s for posting random funnies and silly gifs within the team without getting in the way of other SPI business-related conversations.


The Slack component for the beta volunteer group is going to be important because it’s going to help us validate whether or not it’s a viable option for hosting a large community working toward a common goal. I do feel like it’s a great option with a lot of upsides in terms of cohesion and inspiration, but we won’t know until we test it out. Of course, people are used to Facebook—I have Facebook Groups for specific products I’ve created—but I wanted to test out Slack as an option and this is the perfect opportunity to do that.


Branding the Physical Product


The final thing I want to talk about is related to the branding of the physical product. My team and I have been going back and forth a lot on the branding, but we’ve come to what we believe is going to be the final brand name (not the product name, but a name for the whole brand):


Atlas


atlas-brand-logo-dark


We chose the name Atlas for this product line for a number of reasons. By definition, Atlas is a collection of maps, tables, and charts designed to help guide someone, so it makes sense for a collection of workbooks that will help guide people toward a goal. And who can forget Atlas from Greek mythology? In the mythic stories, Atlas is a Titan who revolts against the gods, but is ultimately forced by Zeus to carry the burden of the heavens on his shoulders. You know the sculpture with the figure holding the planet. That’s Atlas, a perfect metaphor for the strength and resilience required to accomplish a sometimes daunting goal.


For this brand, you can think of Atlas as the parent company or publishing imprint, and each of the individual Atlas products will have its own name. We are essentially creating a new business unit within the SPI universe that will have its own line of products. We’ve been throwing around a number of different ideas for actual product names and some are very obvious and very clear, some are more clever than clear, and some are more brandable than others.


The truth is, at this point, product names don’t really matter. That’s an important lesson for us to realize. We can still accomplish our goal of testing this product and seeing if it’s viable based on the feedback from our beta volunteers. That’s the key right now. Getting the beta product into the hands of our volunteers, getting feedback on specific problems, and finding solutions for those problems. We can’t put the cart before the horse, which is a thing that happens all the time in online business. Starting your own thing is a really exciting prospect, and coming up with a name for your business, creating a website, ordering business cards—all of this is about getting too excited for how your business looks, and now how it serves.


A prime example of this is Instagram. Before it was Instagram, it was Burbn. Yes, after bourbon, the beverage. Kevin Systrom, the co-founder of Instagram, is a fan of Kentucky whiskeys, so he called it Burbn. Back then it wasn’t what Instagram is today. It was an app that enabled users to check in at particular locations (à la Foursquare), plan for future check-ins, earn points for hanging out with friends, and post pictures of their meet-ups. Fast forward to today, and we have Instagram—a completely different name, and a mostly different app—primarily because the Burbn feature that people raved about the most was the photo filters. See how that worked out?


I’m not saying that Atlas will be the next Instagram-level product. I just think it’s a fascinating look at how things change over time based on the market, feedback, and testing. The name itself, Burbn, was probably far less important than getting than app out there, seeing how people used it, what they liked about it, and what they didn’t like about it.


The fact is, with this physical product of mine, you never know how it’s going to go. Maybe the calendar is the highlight for users, and the workbook is less of a draw, so it becomes a bonus add-on. Or maybe it’s the workbook that people like, and the calendar isn’t used at all. You never know. That’s why launching this first go-around with a small group of people is the right move.


What’s Next?


The plan now is to validate this product with the twenty-one volunteers, and to start designing and building out the products, which is going to be a lot of fun. I’m really looking forward to that. But, most importantly, the experience that our volunteers have during this initial phase will be crucial to the product’s design and look.


After that, we’re going to run three to four more goals (similar to writing the first draft of a book in ninety days) through this calendar/workbook/community product before we fully nail it down. We’ll also work with other influencers who have goals that their audience may want to achieve that may be suited for a system like this, and reach out to those who may also want to be a part of this. Obviously, there are higher-level business decisions to be made with that and partnerships involved and that sort of thing, but that’s how I hope this will scale.


We are currently considering holding a Kickstarter campaign in November, when there may be four or five different goals that people can choose from initially. And then, if that works out well, possibly add on other goal ideas. The sky’s the limit! This could potentially become something that could house hundreds of goals down the road and become a subscription model where people would pay annually to get access to the library of goals that they can achieve every quarter using the calendar as the foundation, and then mapping their new goals on top of it every time.


It’s really exciting. It’s really fun. It’s different. It’s challenging. But we’re trying to take it one step at a time. The first step is getting our twenty-one volunteers through the process and collecting their feedback.


Yes, we’re eventually going to have to design the thing. We’re eventually going to have to figure out how to manufacture it, ship it, fulfill it, store it, and all of that. The materials of the product will also be important. What is it made of? How will it be manufactured? What will the cost be, and are there ways to save on cost without compromising quality?


These are all important questions and should definitely be thought about early in the process when you’re developing a physical product. But, at the same time, we are still focused on just proving the concept. Materials and manufacturing are important, but without a working prototype, that stuff can wait. Throughout this testing process, there will definitely be opportunities to try various types of calendar material. For example, dry-erase material versus one that’s also magnetic, and taking into account multiple use, versatility, durability, and cost.


But, if there’s one thing I’ve learned since starting my businesses, it’s this: before you spend a ton of time and money on what people use, it’s always best to focus first on why and how people use things. We’re on our way to figuring out those things, and our twenty-one amazing volunteers will help us get there. Let’s prove the concept of the product, let’s nail down the solution, and then we’ll go from there.


Thanks for reading, and stay tuned for an in-depth look at branding in Physical Product Experiment [PPE #4]!




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This Snack Bar Says It Has as Much Caffeine as a Cup of Coffee. Here's How it Made Us Feel.

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The first edition of Try-Day Friday focuses on Verb Bar.




1 min read





In this regular video series, Try-Day Friday, the staff of Entrepreneur is filmed trying different products, including food, gadgets and products.

A snack that has a bunch of caffeine in it? Sounds good, right? That's the selling point of Verb Bar, an energy bar made with 100 mg of caffeine from green tea, or the equivalent to one cup of coffee.

But how does it taste? And more importantly, how does it make you feel? The staff of Entrepreneur was filmed trying Verb Bar for the first time.

Check out their reactions in the video above.





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SPI 267: An Introduction to Video Advertising with Gideon and Anja from Veeroll

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Advertising Month continues with a visit from two new experts, this time from the world of video advertising. Here today are Veeroll‘s Gideon Shalwick and Anja Kicken with a treasure trove of information on getting started with video ads, no matter your experience level or industry. [Full Disclosure: As an affiliate, I receive compensation if you purchase through this link.]


Veeroll was born out of Gideon and Anja’s desire for a simple software solution for video ad creators. They’d seen firsthand what video advertising can do for online business owners, but they also understood how scary video production can seem to a beginner. Through Veeroll, Gideon and Anja help online business owners create effective video ads and deliver those ads to the right audience, via the best channels, at exactly the right times.


Today, these video pros will walk you through what you’ll need to start your own video ad campaign. They’ll break down common myths about video production, ad targeting, and working with platforms like YouTube and Facebook. You’ll learn where you can’t afford to cut corners and where you’re free to take risks. Their advice applies to all kinds of industries and niches, as well, so no matter where your audience lives, you’ll be able to apply your brand-new video expertise.


Ready to get that camera rolling and launch your very first video ad campaign? Listen in to get started—I’ll be learning right along with you!


Thanks for Listening!


To share your thoughts:


To help out the show:


  • Leave an honest review on iTunes. Your ratings and reviews really help and I read each one.

  • Subscribe on iTunes or download our mobile app.

Special thanks to Gideon and Anja for joining me this week. Until next time!




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Want to Be a Successful Investor? Leave the Mutual Funds Behind.

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There are better ways to invest than mutual funds.




2 min read





Opinions expressed by Entrepreneur contributors are their own.



For whatever reason, many people give their money to a mutual fund manager, who probably isn’t getting them the returns they deserve. In this video, Entrepreneur Network partner Phil Town reveals the truth about mutual funds, and then breaks down why it’s much better to invest on your own if you ever want to be financially free. Some of his reasons include:

  1. You can vote with your money when you invest yourself. If you're just allowing a mutual fund manager to pick investments for you, you might be helping businesses that you don't actually support.
  2. You can be more mobile and adaptable as a small investor than bigger investors can be.
  3. Mutual fund managers want to keep your money.

Click play to learn more about mutual funds and the superior alternatives.

Related: What You Need to Know About Emergency Funds to Make Sure You're Ready for Anything

Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.

EN is partnered with hundreds of top YouTube channels in the business vertical. Watch video from our network partners on demand on RokuApple TV and the Entrepreneur App available on iOS and Android devices.

Click here to become a part of this growing video network.





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How to Fuel Your Predictable Marketing Funnel with Facebook Ads

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Meet Bond. Amanda Bond, also known as The Ad Strategist. I first met Amanda briefly before Traffic and Conversion Summit here in San Diego in February, but I’ve mainly heard about how awesome she is through her colleague and my friend Greg Hickman, who wrote part one to this two-part complete ads and funnels series here on SPI.


Greg’s post was titled The Beginner’s Guide to Predictable Marketing Funnels, and helped you define and understand what you wanted traffic to do when it came to your website. Amanda’s follow up is now about how to get that traffic you’re looking for with Facebook Ads—the hot thing that everyone wants to use now, but so few know how to use correctly.


Without further delay, here’s Amanda to walk you through it. Let’s get some traffic and convert it! Take it away, Amanda!


Ads are sexy. I get it.


“Run your own ads on Facebook,” they say. “You’ll make tons of money, get five cent clicks, and sell ALL. THE. THINGS.” they say. Sounds like a cakewalk.


But after trying it yourself (and dropping a bomb on your bank account with untargeted clicks at $13 a pop—OUCH!), you might realize what everyone knows but doesn’t say. The Facebook Ads environment can be hard. But it doesn’t have to be.


Last week you learned from Greg Hickman of System.ly, a simple way to design your predictable marketing funnel. You’re ready to pour fuel on the fire. Or are you?


Let’s face it: there’s a ton of misinformation online. Most of it is costing you time and money in your business that you just can’t afford to waste. The ads marketplace is noisier than ever—leading to higher click costs, higher opt-in costs, and as a result, conversion rates are plummeting. Everything considered, profitability is suffering. And ain’t nobody got time for that in business.


So what’s a business owner to do?


Stop Guessing. Start Getting Results.


I want you to stop wasting money on Facebook ads. Don’t spend a single cent. At least until you have a strategy, that is! And you’re in luck, because we’re about to break the silence on the strategy that fuels our clients’ success. The strategy that sits at the root of the 20,000,000 ad impressions my company, The Ad Strategist, served up in the past 12 months.


Before we dive in, let’s refer back to last week’s post  where Greg talked about building the solid foundation with a good marketing funnel that your business needs for your ads to be successful. Until you do that, you’d be better off throwing dollar bills into the air. The return will be greater than your ads at this point!


But if your engine is built and you have an intelligent funnel that predictably moves leads to create customers, it’s time to throw fuel on the fire. When done right, you’ll be able to take $1 and turn it into $2, $5, $10, $100+ on the back end with Facebook advertising.


Connect. Convert. Close.


To set ourselves up for success, we need to understand the framework that fuels any decision you make around your Facebook advertising. Here at The Ad Strategist we call this framework: Connect. Convert. Close.


Connect.


True Connection—the long-forgotten element of advertising.


The Ogilvys of the world dominated at using psychological triggers. They focused on overall branding to create relationships in the minds of potential customers months, and even years, before they ever made a purchase. With the advent of digital advertising—and instant measurement—many brands have done away with this type of connection advertising. Instead, they go straight in for the goods.


And for a while it totally worked! Back in the good ol’ days we could get those $0.50 or $1-2 leads and laugh all the way to the (conversion) bank. But today, with all of the competition on the platform, prices for direct leads have skyrocketed. And those poor users are getting bashed over the head with crappy lead magnet after lead magnet in their newsfeed every single time they login to their account.


Think about what happened with email marketing. Your first email inbox used to have you jumping for joy when you saw, “YOU’VE GOT MAIL!” Now . . . well . . . my inbox gives me panic attacks. I say that facetiously, but honestly, things are a-changin’, friends.


This is what is happens when brands try to go straight in for the conversion kill without creating goodwill and connection. Diving head first into cold audiences (without a str-AD-egy) drives your costs UP and results way DOWN. Let’s be smart about our ads and create purposeful connection. Can you imagine walking up to someone, not saying a word, and just leaning in for the kiss? I’m pretty sure they’d slap you and tell you, “get away, you creep!” Don’t be that person, m’kay? Focus on earning your audience’s trust, making them laugh, and ultimately having them enjoy your company.


Here are some great ways you can CONNECT with your audience:


When creating these ads, you’ll set the Facebook Ad Objective to video views (if there’s a video) or page post engagement (if it’s a static image or text only post).


01 Connect Ad Objective


And you’ll only be targeting cold audiences with these ads by using Lookalike Audiences and general interest targeting. These cold audiences will slowly warm up to what you’re throwing down and be more receptive to the ads they’ll see from you in the future.


Convert.


Convert. Ohhhhhh . . . convert.


Commonly referred to as lead generation, it’s the spot in the funnel that a majority of marketers are starting with these days. In a well executed strategy, it’s the piece that turns lukewarm audience members into warm subscribers. When used haphazardly, it’s a recipe for disaster if disaster included increase conversion costs and lower click-through rates.


“Oh, you have no idea who I am? No worries. Just give me your email and I’ll give you the forgotten world of Narnia in exchange.”


Check any podcast, or blog post on the topic of Facebook ads and people are talking about, “How I grew my list to 80-gazillion people in 7 seconds while Facebook paid me $42,000.” HUH!?!


Okay. That last one is a little facetious. 😉 Our convert ads are as if you wined and dined your (fictitious) date. Now is the time to ask if they’re interested in a kiss. It’s asking a user for their email address in exchange for something they value. It’s requesting they attend your webinar to help them solve a business or personal problem. It’s giving them a quick actionable download that will move the needle on their success.


But most importantly, it’s about asking them to make a micro-commitment to your brand. No monetary transaction has happened at this point but there is now an energy exchange. We’re priming them to become a customer in the near future and demonstrating your value and expertise in micro-format.


When creating these ads, you’ll set the Facebook Ad Objective to “Conversions” (formerly “Website Conversion”).


Screenshot 2017-05-23 10.19.54


Next, you’ll select to optimize your Facebook pixel event to “Lead” or “Complete Registration.”


03 Convert Optimization


This time when it comes to the targeting, we’ll be getting in front of ONLY those people who already have an awareness of who you are, no matter how small.


The 4 Warm Audience Buckets comprise the following:


  • Your email list subscribers

  • Your Facebook page fans (+ overall page engagement)

  • Your Pixelled Website Traffic

  • Your Facebook video views audience

Outside of Facebook ads, your objective should be to continually grow these four buckets. By doing that, you’ll continually have a larger and larger market to get in front of the next time you launch (so it won’t be like launching to crickets).


Go on now, ask for the kiss. Your odds are better now.


Close.


The Holy Grail.


The transactional opportunity! “Making ‘dat interweb monies.” Sang in autotune.


The Convert aspect of ads are, you guessed it, closing the sale. These are the sexy ads that lead directly to a monetary transaction. When creating these ads, you’ll set the Facebook Ad Objective to “Conversion” again (formerly “Website Conversion”) but this time, we’ll optimize our Facebook pixel event to Purchase.


04 Close Optimization


The ones who see this ad are only those people in the purchase consideration phase. In the last post, we identified those as our informed audience members of our funnels. They’re the ones receiving your sales emails, or clicking through to your sales page. They’re HOT! They know the heck out of you. Now it’s time to entice them to buy.


Plug a Leaky Bucket Before Adding Water


Now that you see the pathway of the Connect. Convert. Close. framework, let’s talk about implementing it. Most of us start with list building. Then, if we remember, go straight in for the sale, and usually never get around to the branding/connection ads. With our framework, we’re going to implement the ads you run in a backwards sequence.


Starting with the Close ads.


This is like plugging a leaky bucket. Right now you are probably making sales offers in your business. Here’s an example:


Cost to acquire a new customer table 1


Let’s create opportunities to increase the number of successful transactions retargeting anyone who lands on your sales page or checkout page.


Our client, Nikki Elledge Brown, does a great job of engaging in conversation with those who hit the checkout page. Don’t be fooled by the lack of likes or social proof. This ad doubled the conversion rate of her last webinar.



Going back to our example, if you were to double the number of successful transactions from 3 to 6, your sales conversion becomes 6 percent. The cost you paid to now acquire a sales looks like this:


Cost to acquire a new customer table 2


We’ve now halved the cost to acquire a new customer. These types of successes allow for you to capture quick wins and increase overall sales conversion ratios. We’re fixing the delivery and success of what you’re selling, and only NOW that we have the greatest possible number of people becoming customers, we’ll start putting more leads into our machine.


If you don’t plug these holes, it’s like having a leaky gas tank. Every time you fill up, you’ve spent money to leak gas out onto the road instead of fueling your car. Enough about land vehicles, let’s jump on a boat.


tumblr_m31mhmki041r5sop5o1_500


Let’s Test the Pond Before Heading to the Ocean


Before we crank up the ad spend, let’s test the waters.


Let’s review your website conversion ads that you’re currently using to attract your existing warm audience into your funnel. As Greg mentioned, this is your afflicted or informed funnel depending on your setup.


Here we’re asking people who already know, like, and trust us if they’d be willing to take our relationship one step further by giving us their email. Until we know that these ads are working with the people who already like us, we’ll stick to targeting those who are in the inner circle:


  • Pixelled Website Traffic

  • Existing Email List

  • Facebook Business Page Fans

  • Video Viewers (This is a goodie—and coming up, I’ll show you how to create it.)

We’re not going to target cold audiences just yet. You may be saying, “But Bond, how the heck do I know if it’s working?”


Measuring Success


Let’s get our math nerd on and figure out two metrics: Earnings Per Lead (EPL) versus Cost Per Lead (CPL).


Back to our example:


For every 100 people that come into your funnel, 6 are now becoming customers.


Leads = 100 at $5 each = $500 in ad spend + $20 in sales retargeting.


Total sales = $3,000
Expenses = $520


The Earnings Per Lead is calculated by dividing total sales by the number of leads generated to make those sales. In our case, that’s $3,000 divided by 100 people, equalling $30 EPL. For each new person you add to your funnel, you are currently generating $30 in new revenue.


Let’s compare this against the cost to acquire a new lead. The Cost Per Lead is calculated by dividing total ad spend by the number of leads generated to make those sales. In our case, that’s $520 divided by 100 people, equalling $5.20 CPL.


Now you might have remembered that we’re only targeting WARM audiences at this time before we unleash our awesomeness on the world. The people more likely to take action on your offers because they’re already familiar with what you’re offering.


The cost to acquire a sale ($500 ad spend) divided by 3 purchases = $166.67 each.


Where Most People Kick the Bucket


Now you understand the entire process of Connect. Convert. Close. Let’s give you the tools to make sure that you don’t make one of the most common mistakes entrepreneurs make as they’re starting to scale.


The mistake? That their ads STOP WORKING because they forget to fill their bucket.


At this point in your journey, you’ve likely had success reaching out to your existing warm audience who knows, likes, and trusts you. Emails, Facebook Live, Facebook Group visibility, and an occasional podcast interview (or two!).


Your list has grown steadily, but the thing is, after seeing the same pitch over and over, most of them are tuned out. As many of my mentors say, “What got you here won’t get you there” in terms of your growth.


Get back onto the podcast circuit, write guest blog posts, amp up your social media engagement, work on improving your SEO ranking. Consistently get your voice and message out there.


Whatever you were doing in the past that allowed you to build the momentum of your first product/service—do that.


Connect with More People.


And if you’re not sure how to do that, let me introduce you to:


The Facebook Video Amplification Strategy


“Ekkkkkk! I have to be on camera, Bond?”


As a recent camera-phobe, let me first remind you that video comes in many different formats:


  • Facebook Live

  • Pre-recorded content

  • Screenshare with voiceovers

  • Animations with sound

  • Soundbites from any training/content you’ve ever created

  • And any other variation you can think of

And it can be incredibly simple to get rolling with Facebook Live videos. SPI TV’s very own producer, Caleb Wojcik, talks about it here.


This is a strategy I’ve been rigorously testing with our client, Screw the Nine to Five, in 2017. Every week, co-hosts Josh & Jill Stanton go live on their Facebook page, talking about all things related to their sales funnel entry points. In the span of 15 episodes, we’ve grown their total three-second video views audience available for retargeting to 8x the size of their email list.


Addition—Video Views ALL


To date, we’ve spent $4,351.26 to amplify these videos which resulted in $10,677 in IMMEDIATE revenue (as tracked by the Facebook purchase conversion pixel). As in, purchases made from people who have viewed Screw the Nine to Five’s live show and then entered into a sales funnel (listed in the show notes) and made a purchase.


Addition—Case Study Results


Note: The $10,677 in revenue doesn’t include the future Lifetime Value (LTV) of their new members who purchase their flagship program, Screw U, as they continue to make monthly recurring payments. 


Imagine being able to get in front of 157,000 people who already like what you’re throwing down. Imagine having them hungry to consume what you put out into the world, willingly and wantingly becoming clients and customers on the daily.


Here’s my super-loving kick in the butt to get out of your own way and to take advantage of this Facebook Video Amplification Strategy.


Let me show you how we did it:


Implementation


Each week, you’ll go live (or release a pre-recorded video) that shares what you/your brand is all about. Then, we’ll relentlessly (but nicely) stalk people around the internet with your ads. You know, those fence-sitters who saw at least three seconds of your video but didn’t take action. Once we’ve proven that the ROI is positive, it’s time to smash the amplification by adding some paid (cold) traffic amplification.


“Heck YES! Let’s do this.”


Step 1: GO LIVE


From your Facebook Page on your phone (or using Chrome on desktop), go live from your Facebook Business Page.


05 Go Live


Note: Do NOT go live from your personal Page or Facebook Group. The retargeting we are about to set up only applies when broadcasting straight from your Business Page associated with a Facebook advertising account.


Step 2: Create Your Retargeting Audience


Inside Ads Manager, navigate to the Audience Dashboard.


You’ll create a retargeting audience made up of video viewers who watch three seconds or more of the video you went live with.


  1. Click Create Audience.

  2. Select Custom Audience.

  3. Choose the Engagement on Facebook box.

  4. And we’ll pick Video.

06 Create Retargeting Audience


You’ll select “People who viewed at least 3 seconds of your video” then click to choose the Live video you just created. I like to name these Retargeting: [Name of the Show]—Episode [#].


Step 3: Create a Retargeting Facebook Ad Campaign


Now create a Facebook ad campaign targeting the 3-second viewers of this video with content that is relevant to the Facebook Live topic.


07 Create Campaign


At the Ad Set Level, you’ll select the Retargeting: [Name of the Show]—Episode [#] audience to be INCLUDE:


08 Include Retargeting Audience


Watch this tutorial on how to set up step 2 and 3:



Make Sure It WORKS


Before you go thinking you’re a retargeting ninja, STOP!!!


Make sure your ads machine is working before you go making it rain with the $$$ you’re about to hand over to Facebook. Before you move on to these next steps, confirm that for every $1 you are spending on retargeting, your Return On Investment (ROI) dollars is greater than $1.


You can easily create the ROI Snapshot report inside of Ads Manager (pictured below), or simply compare the amount of money you spent on Facebook retargeting to the dollars in revenue made from what you’re sending them to in the retargeting ad.


09 ROI Snapshot Report


Last measure of success: find the number of people who took action on your retargeting ad. How many people opted-in? Once you know your total revenue earned and the total number of opt-ins, divide the former by the latter.


In this example, $3,160 divided by 353 leads = $8.95. This means that each lead is worth $8.95 to your business. This is your Earnings Per Lead. To break even, you are now able to spend up to $8.95 PER NEW LEAD. Anything below that number is considered profit. Anything higher than $8.95 is a big ol’ red flag.


Of course, you’re a business owner first, so we want to build profit into that equation. At The Ad Strategist, we advise our clients to generally spend no more than 25 percent on their Facebook advertising costs.


$8.95 (x) 0.25% = $2.24 would be the recommended number to STAY BELOW in this example. If you’re successfully keeping your costs low and your profits high, let’s move on to the last piece of the puzzle.


Amplification


Now that your ads aren’t kicking the bucket, it’s time to SCALE, baby!


Let’s take it full circle and get back to that CONNECT piece. To really ramp up your exposure and your impact, we’ll start broadcasting your Live replays to a larger (cold!) audience.


This targeting will be entirely made up of two types of Facebook audiences:


  1. Lookalike Audiences

  2. General Interest Targeting

This SPI post with Rick Mulready will help you research your exact target market before you set up your campaign. I recommend one lookalike audience and two general interest targets related to your ideal customer (and where they are currently hanging out online).


Step 4: Create an Amplification Campaign


You’ll create a Facebook ad campaign targeting the cold audiences you selected above with the Video Views objective:


10 Create Amplification Campaign


At the ad set level, you’ll duplicate your ad set with three different targeted audiences.


In our case, it’s:


  • Interest: Amy Porterfield

  • Lookalike (US) Purchasers

  • Interest: Smart Passive Income with Pat Flynn

11 Interests


Once a person from these amplification campaign audiences views three seconds of your live REPLAY video, you’ll be able to retarget them into your sales funnel. And since we already set this up previously, these new viewers will see your retargeting ad(s) auto-magically. That’s it, friends!


In a nutshell:


  1. Follow the Facebook strategic framework: Connect. Convert. Close.

  2. Use video content to CONNECT and turn cold audiences into warm audiences.

  3. Retarget the heck out of your new friends with valuable and relevant content that pulls them deeper into your sales funnels.

  4. And once you know it’s working, use Facebook’s targeting ability to go out and connect with even more of your ideal clients.


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Web Hosting Basics

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Just as there are so many different companies that offer domain registration, there are possibly even more than offer web hosting. While it doesn’t matter all that much which domain registration service you use, it does matter tremendously which web hosting provider and web hosting plan you choose.


Your Home on the Web


Some hosts are simply more reliable than others and you don’t want to have your website hosted somewhere that suffers from significant downtime. After all, what’s the point of having a website if no one can actually get to it on a reliable basis?


Speed and connectivity are another major concern, because page load times are becoming increasingly important both for the user and for search engine optimization reasons. People heavily prefer websites that load quickly and this is heavily dependent on the web hosting provider, as well as geographic proximity between the server and the end user.



The available providers and plans for web hosting are incredibly varied and numerous, so you’ll want to do your due diligence before settling on your preferred solution. Read reviews. See what other customers have had to say. Compare the value proposition between web hosting plans across different web hosting providers.


What to Look For


What should you be looking for when choosing a plan? Here are a few important factors to keep in mind:


  • Number of domains or add-on domains supported

  • Amount of online/cloud storage

  • Number of mySQL databases

  • Monthly traffic and bandwidth limits

  • Personalized email addresses

  • cPanel and FTP access

  • One-click software installation wizards

  • Uptime guarantees

  • Content delivery network (CDN) options available

  • Technical support availability and options

  • Online chat for technical support

  • Monthly price relative to value provided

Even if you think that you’re only going to have one blog, it’s worthwhile to consider web hosting plans that can accommodate extra domains and mySQL databases (the latter is the technology used for organizing all the content within your blog posts, including the posts themselves and metadata like the publication date and the title) in case you ever change your mind. You might decide to spin off another site at some point.


Growing with Your Business


The good news is that, in general, you’re not “stuck” with whatever hosting plan you choose initially. These companies are generally more than happy if you decide that you need to upgrade your plan at a later date to take advantage of more storage, more bandwidth or more features.


While there is certainly variation between providers, many will give you a choice between shared web hosting, reseller hosting, virtual private server (VPS) hosting and dedicated servers, or some combination thereof. Some offer WordPress-optimized hosting too. It’s important to note that even if you plan on using WordPress for your site, you don’t necessarily need a plan that caters specifically for WordPress. Regular shared plans can usually handle that too.



Depending on where you go, the cheapest shared hosting plan might start somewhere around $5/month and go up from there based on a number of factors. The most common differentiators between plans are the number of sites allowed, the amount of storage provided, and the amount of monthly bandwidth offered. Many plans may also offer automatic backups, as well as a possible option for a global content delivery network (CDN).


This means that no matter where your website visitor resides in the world, he or she will be connected to a server that is closest to his or her location. This provides the fastest, most dependable connection possible, leading to the best reader experience possible.


There is usually a discount for purchasing a longer period of web hosting, up to three years at a time. You’ll typically want to match the length of your web hosting service with the length of your domain registration. That makes the most logical sense.


Domains and Web Hosting


It is definitely possible to purchase your domain name and web hosting through two different companies. Lots of people do this and it’s a very common practice. That being said, sometimes it can be so much more convenient if you do it all through one provider. You get one bill and the data is all in one place.


There’s another advantage. When you purchase your services through two different providers, you must then go through the additional step of setting up what are known as your DNS settings. DNS stands for domain name system or domain name server. Basically, it tells your domain where it should be “pointing” (your web hosting space).


If you purchase your services through one provider, these fields can oftentimes be automatically populated on your behalf and you don’t have to jump through this extra hoop. Simplicity really is a wonderful thing and skipping this technical detail ticks another item off your to-do list.


How Much Will It Cost?


Between the domain registration and entry-level web hosting plan, you can probably expect to spend somewhere around $100 (if not a little more) each year as your basic cost of owning and operating a blog.


You don’t really have to spend any other money unless you want to purchase some premium themes, plugins or any number of other possibilities. When you compare this cost to how much it would cost to run a more traditional brick-and-mortar business, you start to realize just how affordable it is to launch a legitimate blog as a legitimate money-making business.


Of course, as your site grows, you may need to invest in more technology and a bigger hosting plan. I can say with certainty that John definitely spends more than $100 a year running this site!


Click Here To Download John Chow’s New eBook, The Ultimate Online Profit Model!



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Bill Gates Storms the White House! Here Are 3 Things to Know Today.

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Stay in the know in 60 seconds.




1 min read





  1. Tomorrow is St. Patrick’s Day. Shopping intelligence company Catalina estimates that Guinness will have a 500 percent increase in sales this week, and Harp Lager's sales will jump over 900 percent! 
  2. Bill Gates sat down with President Trump at the White House yesterday. The meeting was closed to the press, but foreign aid was a likely topic. In his 2018 annual letter, Gates wrote that U.S. aid overseas saves lives, creates jobs and makes Americans more secure.
  3. The NCAA is officially a billion-dollar-per-year organization, reporting $1.045 billion in total revenue for 2017. Over $800 million of that came from TV and marketing rights fees. In other financial news, how’s your bracket holding up?
Related: Is Elon Musk Just Messing With Us? 

 





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Twitter Expanding Verification : Social Media Examiner

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social media researchWelcome to this week’s edition of the Social Media Marketing Talk Show, a news show for marketers who want to stay on the leading edge of social media.


On this week’s Social Media Marketing Talk Show, Erik Fisher and Kim Reynolds explore Twitter expanding verification and other breaking social media marketing news of the week!


Watch the Social Media Marketing Talk Show


If you’re new to the show, click on the green “Watch replay” button below and sign in or register to watch our latest episode from Friday, March 16, 2018. You can also listen to the show as an audio podcast, found on iTunes/Apple Podcast, Android, Google Play, Stitcher, and RSS.



For this week’s top stories, you’ll find timestamps below that allow you to fast-forward in the replay above.


Twitter Plans to Expand Verification to All Users: In a Periscope stream, Twitter CEO Jack Dorsey shared that the company is working to expand its blue checkmark verification process to all users and plans “to do it in a way that’s scalable.” Twitter’s blue checkmark was initially intended to designate celebrities, athletes, and public figures from would-be imposters on Twitter, but was eventually expanded any users who applied and could justify needing verification. Business Insider reports that by making verification more accessible, “Twitter intends to shift the focus of the designation away from any presumption of endorsement and emphasize proof of identity.” (6:16)




Twitter Test Makes News the First Thing Users See in the Timeline: Twitter users could soon see the biggest news events first when opening the timeline. The social media platform recently confirmed a test of a news highlight reel at the top of user feeds. The tested feature would push news, while platforms such as Facebook are putting a lower priority on news items in an ongoing fight against fake news. (13:56)




Snapchat Adds Instagram-Style Mention Tagging to Stories: Snapchat confirms that it’s currently testing the ability to @tag someone in a story. TechCrunch reports that this new feature would allow users to call out another person’s name, handle, bitmoji, and an Add button so others can follow them, too.




Snapchat Allows Branded Content Ads From Discover Publishers: Snapchat now allows publishers in the app’s Discover section to share branded content among the articles and videos they post for professional media partners such as BuzzFeed, Hearst, NBC Universal, Scripps Networks Interactive, and others. Publishers can now work directly with advertisers and sponsors to craft messages and ads that “look more like the rest of their channels and perhaps drive up value for their services on the platform.”




Get More Useful Information With Captions on Google Images: Google is “adding captions to image results, showing you the title of the web page where each image is published. This extra piece of information gives you more context so you can easily find out what the image is about and whether the website would contain more relevant content for your needs.”


Facebook Filters on Personal Profiles: This feature allows mobile users to filter posts in their news feed, allowing them to see posts made on a specific date, published by specific people, and assigned a specific privacy level. This new profile filter feature was spotted on mobile by Michael Stelzner.


Facebook profile search filter feature found in the wild by Mike Stelzner.


LinkedIn Updates Data and Content Rights in Terms of Service: Driven by the General Data Protection Regulation that will take effect across Europe in May 2018, LinkedIn announced several changes to its terms of service. The platform added more options for members looking to personalize the ads they see on LinkedIn. It also promised to provide more information on how it uses this data to customize its members’ experiences on the network and updated when advertisers are allowed to access users’ personal information. LinkedIn explains each of these changes with a guided tour on its Privacy Policy page.


WhatsApp Set to Disrupt India Market With Push Into Digital Payments: The messaging app is testing a payment service that lets users transfer money to each other. The feature, dubbed WhatsApp Pay, is only available to a fraction of Indian users, but Bloomberg reports that a full rollout could come to all users by April.


WhatsApp Messages Can Now Be Deleted an Hour After You Sent Them by Mistake: The Verge reports the latest version of the WhatsApp Delete for Everyone feature, which “used to only allow you to delete messages up to seven minutes after you sent them…extends that time limit significantly to one hour, eight minutes, and 16 seconds.”




Amazon Adds Follow-Up Mode for Alexa to Let You Make Back-to-Back Requests: Amazon has added a new feature for its Alexa voice assistant that will let you make successive requests without needing to repeat your Echo speaker’s wake word, as noted today by CNET. Amazon is calling the new setting Follow-Up Mode, and while it won’t let you nest one request into another, it will let you make multiple requests back to back. For instance, you won’t be able to ask Alexa to turn off the lights and change the temperature in the same breath, but you can make one request and follow it up with another without needing to say “Alexa” again.


Facebook Tests Location-Based Augmented Reality Effects: Facebook is experimenting with augmented reality experiences triggered by precise location markers in the real world. TechCrunch reports that Facebook is running a closed beta test of this new feature with promotions for two upcoming films, Ready Player One and A Wrinkle in Time.




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SPI 266: How to Start Selling on Amazon with Ryan and Nick from Online Selling Experiment

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Ever since Jessica and Cliff Larrew joined me for Smart Passive Income Podcast Episode 99, I’ve received so many questions from curious entrepreneurs about selling on Amazon. Here today to answer those questions and offer some seriously actionable strategies are Amazon experts Ryan and Nick from Online Selling Experiment. [Full Disclosure: As an affiliate, I receive compensation if you purchase through this link.]


Ryan and Nick have built a thriving, passive income business selling products with the help of the Fulfillment by Amazon (FBA) program. This program allows online entrepreneurs to send merchandise to Amazon’s warehouses and sell it through the Amazon marketplace to a vast audience. What started as a two-man operation has grown into a booming source of passive income, thanks to Ryan and Nick’s smart scaling.


In this episode, Ryan and Nick walk through each step of building a Fulfillment by Amazon-based business, including how to scale up your operation when the time is right. They’ll cover everything from shopping hacks, to starting costs, to Amazon’s rules and restrictions, to working with buyers, and more. You’ll finish this episode armed with the resources you’ll need to start selling on Amazon yourself.


An FBA-based business can be a great entry point into earning passive income online—I’ve even started trying it myself with some pretty neat results, which I’ll tell you all about in the episode. Listen in for more tips and strategies for getting started as a seller!


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Special thanks to Ryan and Nick for joining me this week. Until next time!




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