Warren, I have a membership site that has a few thousand members and as crazy as it sounds they count on me to filter through the muck what is funny is I use them to filter it for me! I belong to the middle of the pack of mini guru group that cost me around $400 a month membership which all they're mostly interested in is creating shiny objects and pyramids so I get dibs on a ton of stuff for free...but there is a website that has limited membership each year that is free that I have to find but
We have always set up "marketing" as a percentage of expected and real sales. But it also varies depending on the market of each business.
Some of them do very well with constant communication with repeat customers and we offer them substantial discounts through e-mail marketing (which costs a relatively small % of sales) This morning we just broadcast an update for one site, offered a discount and had so far, a 24% sales conversion of opens.
other Companies have niches that demand a more focuse
I have monthly expenses for Internet access and hosting, but I also spend plenty on new tools like scripts, WSO's, plugins, or any shinny object that catches my eye and passes all the litmus tests to squeeze into my wallet and grab a few bucks. Most of them have the potential to pay me back with a little profit very quickly or they don't get my money in the first place.
Comments (17)
Mike G.
12
Marketer
Warren, I have a membership site that has a few thousand members and as crazy as it sounds they count on me to filter through the muck what is funny is I use them to filter it for me! I belong to the middle of the pack of mini guru group that cost me around $400 a month membership which all they're mostly interested in is creating shiny objects and pyramids so I get dibs on a ton of stuff for free...but there is a website that has limited membership each year that is free that I have to find but
Warren Contreras
14
Old Retired Guy
@Mile I have had a few of those too, but with new connections it takes some success with one of their products to get the door open in most cases.
Mike G.
12
Marketer
Chuck, you are top notch...thanks.
Mike G.
12
Marketer
Warren, one day I will share with you how to get those shiny objects guys to share with you for free. They always need testers...
Chuck Bartok
10
Veteran Entrepreneur now Sharing
We have always set up "marketing" as a percentage of expected and real sales. But it also varies depending on the market of each business.
Some of them do very well with constant communication with repeat customers and we offer them substantial discounts through e-mail marketing (which costs a relatively small % of sales) This morning we just broadcast an update for one site, offered a discount and had so far, a 24% sales conversion of opens.
other Companies have niches that demand a more focuse
Warren Contreras
14
Old Retired Guy
I have monthly expenses for Internet access and hosting, but I also spend plenty on new tools like scripts, WSO's, plugins, or any shinny object that catches my eye and passes all the litmus tests to squeeze into my wallet and grab a few bucks. Most of them have the potential to pay me back with a little profit very quickly or they don't get my money in the first place.
Bruce Bates
16
Cooperative marketing
how do you spend $100 a month and think its not money?
Frutaplanta Biz
2
Fruta Planta Really Reduce Weight
$100 every month ,no money
Bruce Bates
16
Cooperative marketing
to much to tell.....
Terry Warner
10
My Leads Call Me
When I first started I spent $100/month.
Now that I am established, I keep my monthly expenses under $25.
Proof, it can be done.
Aaron M.
12
Financial Advisor
$10 for the website and $10 for the autoresponder some times paying for ads.. ^_^
Mike G.
12
Marketer
Thomas, yeah it is hard to do but it can be done though...the thing is that it may not be worth it with the time needed and trial/error.
Thomas Bergel
10
Quality Internet Sales
TE's and free ad sites do not work well for me.
Mike G.
12
Marketer
Thomas, so you create your own products and use PPC? What other methods have you used that may not have worked out as well?
Thomas Bergel
10
Quality Internet Sales
Proportionate to my earnings, the more I earn, the more I spend, most in PPC advertising. That's what works best for my products.
Mike G.
12
Marketer
Mike, good for you and how easy is it to do?
Andre L.
10
Internet marketer
Almost nothing as i create the toolz myself !