You only have $40 to invest in your business
I got this pretty interesting email the other day. This is a typical question many home business owners/small business owners have. I thought it would be good to share this with everyone.
Hi Ben,
I am about to invest in advertisment for my Cognigen website. I wanted to ask you if you could point me to one that really does work? I only have $40.00 to invest in it to get traffice to my website. Do you have one that you use that can really get me some customers?Thank you,
M.
What is your goal?
Is your goal customers? Or is it distributors?
It sounds like from your email, your goal is customers. $40 worth of advertising isn’t much. I used to spend $500 a month in advertising my Cognigen business. Thats to get 8-10 sales.
You could advertise $40 and maybe get one sale. If you are selling a product that pays out $50 then you just made a profit of $10.
This is probably the kind of thing you want to do right? Unfortunately it isn’t that easy.
1. The basic Cognigen web sites aren’t that good at making sales. For one thing everyone uses them. So many web surfers have already seen the same site owned by another Cognigen agent. For another thing they aren’t very good at sales. They try and list all the different Cognigen products and stuff. If I am going for sales I want the only links on the page to be links to B
BUY the product OR a pay per click link that makes me money back.
Depending on your skill level you’ll want to create your own sales page for the product or at the very least look into a Cognigen Premium Site, or link to as specific a page on the Cognigen site as you can. For example you wouldn’t want to link people to http://www.ld.net/?teamwork because that isn’t a very specific page. A lot of people will come there and immediately click away because they don’t see what they are looking for.
Lets say you wanted to sell VOIP broad band phones you’d pick a service like Packet8. Instead of sending them to your generic ld.net page you’d send them here: http://ld.net/packet8/?teamwork
2. We haven’t even gotten to the advertising yet!
Pay Per Click advertising is a great way to get instant traffic to your web site. However that is just “traffic” and isn’t necessarily buyers. You have to learn how to target specific people and get to the buyers. There are a lot of buyers out there you just have to figure out how to get to them. You can easily spend too much money on Pay Per Click and blow out your entire budget without actually getting a single sale.
Honestly if you have $40 to invest in getting sales, I’d say the best thing to do is invest in your own education. You could invest in one of these areas:
1. Learn to make a sales (web site) really just a one page sales letter helping you presell your product and capturing the person’s information so you can follow up with them.
2. Learn to use pay per click advertising to promote your business.
Let me know what you decide to do and I can point you in the right direction.
- Ben Fitts
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