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Leadership Lessons Learned The Hard Way, Part II
In "Leadership Lessons Learned the Hard Way, Part I," Marine First Sergeant Paul Berry’s after-action report on Operation Iraqi Freedom offered priceless advice for business owners and managers. In Part II, 1stSgt Berry reveals the close attention...

Partnering For Progress and Growth
Many home-based entrepreneurs are gaining new ground with partnering arrangements. Although it takes many shapes, the core of the partnering concept is two or more businesses teaming up to achieve together what they can’t do alone. Partnering with...

READY, SET…WAIT?
READY, SET…WAIT? THE DIFFERENCE BETWEEN DECIDING AND DOING ”Five frogs are sitting on a log. Four decide to jump off. How many are left? Answer: five. Why? Because there's a difference between deciding and doing” Mark L. Feldman & Michael F....

Sell More by Testing your Web Headlines and Home Page
A client asked me, "At what point do you change your Web site when not making enough sales?" My answer? Within a month or so because as long as your ad copy is weak, those weak sales numbers will continue. My Web master says "It depends on how...

Turnover is Not a Problem
“Ha!” you say. “For someone to make a statement like that, they obviously haven’t worked in the real world and certainly have never had to run a company.” Well, let me assure you. In my past I’ve not only run companies, but spent many years...

 
Interview With Michael Murray: "Autoresponder Basics"


This interview is with Michael Murray, the author of a top selling ebook titled “Autoresponder Basics.” Michael is also involved with many excellent affiliate programs.

Terry: Michael, this is a real pleasure to talk about your experience and business on the Internet. To start off, how did you get involved with the Internet?

Michael: I’m disabled and I always figured I’d get a job with computers. In 1996, my dad got the Internet hooked up and I loved it. At the time, I was 13 and a big fan of Goosebumps (the popular book series back then). I would search for information on it. When I was 16, I started seeing lots of “Get Rich Quick” schemes and fell into it and wasted a lot of money. Fortunately, I learned through trial and error the right way to make money online.

Terry: That is an interesting beginning. What led you to develop your top selling ebook "Autoresponder Basics"?

Michael: For a couple of years, I only promoted affiliate programs. I didn’t have my own product. I was in the very competitive Internet marketing niche and there was already an overload of information. People were writing “How to Make Money Online” ebooks who weren’t even making a dime themselves! I didn’t have anything new to say about the subject. I became a critic of other people’s work and wrote honest reviews about it to my email list. They would save money by buying only quality products. My reviews led people to ask me how to use autoresponders. They realized the need to “build a mailing list” but had no idea how to technically do it. I did some research and discovered that a lot of good guides existed about email marketing techniques and list building strategies. However, the guides all assumed you knew how to use autoresponders. That was a bold assumption. After some encouragement from a fellow marketer, I researched and wrote “Autoresponder Basics.”

Terry: Great! You benefited on an opportunity to develop a product that people wanted. What types of products/services do you believe sell well on the Internet?

Michael: First, information products (i.e., ebooks, tapes, videos, coaching, seminars, etc.) are the #1 item to sell online. Information products have low overhead and high markups. To sell information products successfully, you need a tightly targeted niche market to sell to. You need not only a niche but also a sub-niche. My ebook is the perfect example. I chose a specific subject in a niche that very few other people were marketing.

Terry: Sounds straightforward. Find a market niche and pursue it. In your pursuit, what well-known Internet marketers helped you the most with your business?

Michael: Terry Dean was the biggest help. I have almost all his products. He taught me the importance of email follow-up. Yanik Silver, Jim Edwards and Stephen Pierce have great products that have educated me.

Terry: It is very important to have guidance from a qualified coach. What is your opinion on the best way to market products/services?

Michael: The best way to market your own products is through joint ventures. The JV is a partnership formed to share risks and rewards. For example, one person develops a product and another sells it for a percentage of the profits. This is usually 50% or higher. If I have an ebook on car repair, I’d go to other car websites and ask them to put a link to my website on their website.

Terry: The implied message is to use JVs to your advantage. Do you advertise in an ezine?

Michael: Yes! Paid ezine advertising is a great way to make money quickly. However, I would not sell a product in the ad. Instead, I would give away a free report in the ad and get prospects onto an email list. Sell to the list.

Terry: That makes sense. Build your list! Is it important to have a lot of money to spend when starting a marketing business?

Michael: No! The only thing you’ll need is a good autoresponder. A website is a good resource but not mandatory if you have a good autoresponder.

Terry: OK! With regard to follow-up sales, how important is it to sell a back-end product/service?

Michael: Very. Why should you continually find only new customers and not profit from old ones? Also, back-end doesn’t necessarily mean high-end. A very good back-end product would be a recurring billing program. One of the back-end products for my autoresponder ebook is the promotion of an autoresponder service. It pays $5 a month per member signup through me. This is monthly residual income.

Terry: Back-end sales are very nice. With that in mind, how often do you contact the


individuals on your opt-in prospect list and customer list?

Michael: I publish a weekly newsletter to my newsletter list to keep me on their mind. Whenever I have a good offer, I contact my customer list. I don’t want to keep bothering them unless I have an important announcement.

Terry: Quality versus quantity! How important is the promotion and sale of affiliate programs?

Michael: It’s very important! The majority of my income comes from affiliate programs. Even if you have your own products, affiliate programs are a great way to earn extra profits.

Terry: The returns from promoting affiliate programs are worth the effort. What strategy do you employ with the affiliate programs you promote?

Michael: I promote programs at different price levels but not to just make money. The program has to be a good, something I can talk about and of interest to my list. If affiliate programs are going to be your main business, develop a free report to get prospects on your email list. Next, promote the affiliate programs in your newsletter.

Terry: Sounds simple enough! Do you recruit affiliates to sell your products/services?

Michael: Most of my product sales come from affiliates. However, you can’t sit around and wait for affiliates to come to you. You must go out and actively recruit them. You want affiliates to have large email lists and credibility in your niche. Give these affiliates a free copy of your product and a large commission for each sale.

Terry: Results depend on successful recruiting. What do most Internet marketers do wrong in trying to build a successful business?

Michael: They forget the main purpose of Internet marketing! Find a hungry niche market and provide customers with good products. Some marketers get lost in the “hype” of the Internet and forget basic economic principles.

Terry: You have very thoughtful insight. Moving along. How can you tell if an affiliate program is legitimate?

Michael: I always buy the product before joining the affiliate program. If it’s a good product it’ll generally be a good affiliate program. Be cautious of any programs that focus more on selling than on the product itself. Troubles lie ahead if you have to pay to be in a program but have no clue about the product!

Terry: Know the product before committing to a program. How should a newcomer determine what field to pursue in Internet marketing?

Michael: Research a potential niche market carefully. Go to the website GoodKeywords.com and see how many people search your topic area. Select a niche area with high traffic.

Terry: Excellent recommendation! In your judgment, what are the most effective things a newcomer should do to develop an affiliate strategy?

Michael: Pick a strong niche market and 3 good affiliate programs to promote. The individual affiliate needs to brand themselves (i.e., take on a unique identity) and not the affiliate program.

Terry: Therefore, branding is critical! What key things would you recommend to a new Internet marketer to achieve financial success?

Michael: Concentrate on building a list! Learn from the people who have already succeeded. There’s no shame in asking for help. Keep a cool head and have patience. Success won’t come overnight but it will happen. Don’t give up! You may be one failure away from success.

Terry: That is good positive encouragement for all marketers. Do you have any other comments you would like to add?

Michael: If you are a newbie, you have a long road ahead of you. However, the destination is worth the wait. Everything is a learning process. Remember the main objective is to solve someone’s frustration. There was a person out there banging his keyboard in anger and trying to figure out autoresponders. My ebook solved his problem. Find a frustration and solve it! You’ll be on your way to riches!

Terry: Michael, thank you very much for your valued inputs.


Copyright © 2003 F. Terrence Markle – All Rights Reserved

FREE 7-Day Ultimate Affiliate Marketing eCourse at http://www.QuikSystems.com/uam/FreeCourse.htm


F. Terrence Markle has worked for over 20 years with public and private companies. He has an MBA in finance and marketing. He has been involved with internet-related businesses for over 3 years. His primary focus today is marketing of affiliate programs.


terry@quiksystems.com


 

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  • 10 customer service quality statements to measure up against

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  • are you a work addict

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  • avoid the duds 10 strategies for selecting the perfect speaker

  • a balanced life

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  • a tricky supervision challenge

  • barter its not just for doctors anymore

  • basic coaching for the golfing beginner

  • become an internet marketing guru

  • become a certified success in the world of business and finance

  • becoming a solution to your customers problems

  • being stressed out may not be all that bad

  • belief management the missing ingredient

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  • book summary execution

  • brand your consulting brilliance

  • breaking the ice and winning over the client

  • budda in your back pocket

  • building a practice on purpose series part 5 develop a championship team by creating a coaching climate part 1

  • building a practice on purpose series part 5 develop a championship team by creating a coaching climate part 2

  • building better teams through executive coaching

  • building shareholder value through your people

  • building trust in your business relationships ten tips

  • build your business on a shoestring hire a college intern

  • business career executive coaching article leadership understanding the human condition

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  • buyer beware choose a business coach carefully to get the results you want

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  • coaching book review the coach creating partnerships for a competitive edge

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  • coaching sports for all the right reasons

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  • coaching your small business to success

  • coaching youth football part 1 keys to success

  • common sense customer service

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  • create a business you love

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  • customer focus just 5 simple things you need to think about

  • dealing with anger

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  • defense wins in baseball not business

  • defining success your way

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  • delegate or die

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  • delegation when to delegate who to delegate to

  • develop your managers and keep your staff

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  • discovery procedures for building effective management systems

  • discover the secret to success in your own back yard

  • does your business need an attitude adjustment

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  • dont wait to start your marketing strategy

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  • elements of timeless leadership

  • embrace diversity to build effective teams

  • employee motivation checklist ten measures of success

  • empower it forward

  • empower your people give them some control

  • entrepreneurs achieve more 12 examples of coaching and consulting that lead to success

  • ethics in business a lost art

  • exceptional leadership inspires the best effort in others

  • executive coaching

  • executive coaching and the american president

  • expand your horizons sell your professional services through clickbank

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  • experiences of management coaching part 2

  • extend your books life with a sales letter

  • finding balance in a tilted world

  • finding your niche

  • fitness coaching are you ready

  • five steps to increase the people power in your business

  • five strategies to strengthen your companys financial management

  • george bushs secret to successful internet marketing

  • getting started

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  • get organised and transform your life

  • get out of your own way

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  • give em the ball an example of great coaching

  • give yourself a boss day gift part 2 are you the position or the person

  • gymnastics instructor and coaching tasks and duties

  • hidden traps for life partners who work together

  • how ceos can use axiology to improve the bottom line part 2

  • how does sports coaching differ from corporate coaching

  • how do i bring consulting into my lease purchase business

  • how do i define my market

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  • how do you find a topic to speak on

  • how do you profit from o p p

  • how effective is your leadership style

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  • how to attract and retain the right people

  • how to avoid the legal pitfalls when setting up your new business

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  • how to make a joint venture successful

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  • how to profit from initial consultations

  • how to realistically set your fees part 1

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  • how to realistically set your fees part 3

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  • how to realistically set your fees part 5

  • how to sell high tech solutions

  • how to set goals like bill gates

  • how to start your coaching practice

  • how to stay motivated part 1

  • how to use an hr consultant

  • how to win the marketing war capture your prospects mind

  • if i were coaching you

  • image does matter

  • improving quality through coaching

  • increase your sales accept credit cards

  • increase your sales accept credit cards part 2

  • increasing the return on your training investment

  • index

  • internet marketing in a room full of naked men

  • interview with michael murray autoresponder basics

  • interview with ron mead the secret goldmine of probate real estate

  • invite self managed staff

  • in business image isnt everything its the only thing

  • is accumulating a net worth of 1 000 000 easy yes and no

  • is wayne gretzky in or out when it comes to coaching

  • is your business safe

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  • its okay to negotiate really

  • its the little things that count

  • juggling it all

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  • know your client the first rule of business coaching

  • leadership lessons learned the hard way part i

  • leadership lessons learned the hard way part ii

  • learn to manage people

  • lone wolf lead wolf

  • make a decision and take action

  • making on job training work

  • making s work creating news where none existed

  • making the financial transition

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  • management coaching the heart of performance management

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  • management coaching vs performance appraisals

  • managers dont know any better

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  • manufacturing sector public speaker tr cutler is ranked 1

  • media star power book review

  • monday morning mindfulness

  • monday morning mindfulness 08 23 2004

  • mr brown is coming the need for feedback and coaching

  • my rich mums ebook secrets

  • my top 10 baseball coaching tips

  • need a sales boost try these

  • negotiating to buy a new car the easy way

  • networking 101

  • networking its important

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  • networking tips getting an 800 number

  • new style network marketing why professionals are rushing to join

  • nourishing your network

  • office set up

  • online shopping saves you time and money

  • on the path life coaching for small business owners

  • organizing the information

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  • outsourcing not just for big business

  • overcome inertia bodycoaching exercises to get unstuck

  • overcoming work addiction

  • paralysis by analysis

  • parenting and running a home based business

  • parenting your employees to better performance

  • partnering for progress and growth

  • people skills drive leadership success

  • perfection vs excellence business career life coaching series

  • personal training 3 keys to training clients in their homes

  • personal training 3 powerful ways to position yourself as an expert

  • personal training 5 easy steps to sanity on the road

  • personal training 6 secrets of award winning customer service

  • personal training name one good reason someone should hire you

  • plan your day and stick to your plan

  • preparing for your media interview

  • price your ebook to sell well

  • primal leadership a book summary

  • progress reviews your key to effective coaching

  • radio interviews how to get them

  • ready setwait

  • realistic goals how to set them and why

  • retail operations effective branch manager support and guidance

  • roi on the 8 step coaching model

  • rotator

  • rý eoc recruitment and retention employer of choice

  • sales force of the future its not about selling

  • score at least 5 more points per game by coaching football kicking properly

  • self confidence is the key to personal and professional success

  • sell more by testing your web headlines and home page

  • should you get a blog

  • should you quit your job for your dream

  • should you write your own business plan

  • show your customers you care

  • simple steps to start a profitable member only subscription web site

  • soft e mail selling skills coaching

  • so why dont you tell me about yourself

  • stress in the workplace

  • structure your add coaching business for success

  • succession planning 10 vital points for business success

  • success is a choice

  • survival tips for small businesses

  • surviving the workday in your organization

  • sustaining growth in your business

  • take it to the customer

  • taking time off for your business

  • taking time out for your business

  • tapping the potential of your customers

  • team building ten easy ways to do it

  • team effort pays off for entrepreneurs

  • ten business reasons why asking for help works

  • ten top ways for managers to motivate their people

  • ten ways to be a better at motivating your employees

  • terrible meetings ten ways to spot them

  • the 6 secrets to sales success

  • the 6 stages of modern career development

  • the 7 principles of business integrity

  • the 7 traits of an exceptional and successful entrepreneur

  • the 7 traits of an exceptional successful entrepreneur

  • the achilles heel of management coaching

  • the benefits of eq coaching for mid level executives and professionals

  • the biggest crime in small business

  • the cat in the hat will help you get your point across yes you can here is the plan

  • the fuel that drives the ultimate lifestyle

  • the goals of leadership coaching and partnerships

  • the importance of having a mentor

  • the key to high productivity is energy management

  • the many ways to profit from o p p s multiple cash streams

  • the metamorphosis of the successful executive overcoming professional stagnation

  • the only way to get even at work

  • the pitfalls of procrastination

  • the real secret to success

  • the seven cs partnership danger signs communication breakdown

  • the seven cs partnership danger signs competitive not complementary action

  • the seven cs partnership danger signs conflict becoming the norm part 1

  • the seven cs partnership danger signs conflict becoming the norm part 2

  • the seven cs partnership danger signs the 4th c cumulative money problems

  • the seven cs partnership danger signs the 5th c control issues

  • the seven cs partnership danger signs the 6th c changing vision

  • the seven vital steps you must know to ensure direct mail success

  • the top 10

  • the top 10 reasons why my coaching business is not slow

  • the top 10 the top ten signs that your marketing message needs a facelift

  • the top mistakes executives make in leading their organizations

  • the top ten people skills you need to build a dynamic business

  • the truth about money

  • the ultimate career builder

  • three simple ideas that increase profit fast

  • time management tips for managers

  • tips for launching your own business

  • tips to energize your presentations

  • top 10 mistakes entrepreneurs make before they even start

  • top 10 mistakes to avoid when joining a professional association

  • top 10 ways to turn clients into raving fans

  • top 3 myths of leadership debunked

  • top 7 small business resources for 2005

  • top 7 small business sites for 2005

  • top ten online choices to get clients to choose you again and again part 1

  • top ten online choices to get clients to choose you again and again part 2

  • top ten things you would never hear a coach say or then again

  • top ten tips when business is slow

  • to meet or not to meetwhat are the questions

  • transform your image and accelerate your success

  • turnover is not a problem

  • unleash your true potential

  • useful tips for evaluating your meeting venue options

  • value based leadership coaching

  • various aspects of the lease purchase business

  • what does an ex basketball coach know about pulling web metrics

  • what do your clients really think of you

  • what do you really want

  • what gift will you give yourself this holiday season

  • what is an artists statement how often should it be updated

  • what is a lead worth

  • what is a mission statement

  • what is executive presence

  • what is this tool used in organizations called coaching

  • what i would include in a coaching book

  • what paper or computer files should you keep

  • what rich internet marketers know that you dont

  • what the buddha says about coaches

  • what to do when your it project is late over budget and looks like its never going to work

  • when internet marketing gurus sell their soul

  • who are you mixing it with

  • who loves networking

  • who wants to be a millionaire

  • why arent you making a ton of cash as an affiliate

  • why arent you using online fitness coaching

  • why are you so busy

  • why conventional wisdom is almost always wrong

  • why do you not benefit from coaching golf tips

  • why small businesses fail or fail to thrive

  • why women talk and men dont

  • youre in charge now what

  • your ideal client

  • you might ask the question why coaching