Colin Klinkert Dot Com

Video Intro to this Post can be viewed: http://viralnetworks.com/view/hjPkL

At the World Internet Summit this month, one of the key speakers was Atlanta-based Matt Bacak. He first began investing his earnings at age 12, and in the following 15 years survived botched partnerships, failed businesses, credit card debt and bankruptcy. He must have learned a lot from these bad times, because now, 15 years later he is a multimillionaire (he made his first million at age 27).

With this knowledge setting the picture, and his introduction showing pictures of his home, his Hummer, and his private jet – the audience was immediately tuned in to what Matt had to say.

Matt’s forte is membership sites and making money from them was what he was there to talk about. Here are his tips:

1. Before you launch a membership site, work out your expenses – personal and business. Write them down and really understand that it costs you $x to live.

2. Determine how many memberships you need to meet expenses, e.g. if you need $5000 per month, that could be 500 memberships at $10 each per month.

3. Put things into perspective. What do you want? Imagine what it would be like to have an extra $5k, $10k etc per month.

To start a membership site you will need the following:
• An Opt In Page
• An Autoresponder
• A Front End Offer/Sales Letter
• A Membership Website and Software
• Traffic

Identify Your Market
Matt advises people to “think with the end in mind”. Sell something with a bigger product in mind down the line. Think “what’s next?” He believes a great way to find a market for membership sites is to look at monthly magazines on the news stands. The people who buy these magazines are already committed to paying a certain amount each month for this information – so it is likely that they will also pay for a membership to deliver similar material. This is a great tip!

Driving Traffic
Matt believes that the best ways to drive traffic to membership sites are PPC (pay per click), Joint Ventures, and Article Marketing. He is also getting great results from CPV (cost per view) advertising.

Matt is running 3 multimillion dollar companies, all of which were built online. His first company grew by 1057% in 2008 alone. Matt’s strategies saw him run one of the largest internet promotions ever, acquiring 14,897 customers in less than a week.

Want To Learn About Setting up Your Own Successful Membership Site?

Frank Bauer and I have created a course that is not for sale yet, but will be in a few months. Reason it is not for sale is because we are spending our time creating other membership sites. If you subscribe to my email updates, you will be alerted when it is available. Frank and I run multi million dollar membership sites and apply all the info we learn from all the best courses released into one program, so be sure to join my mailing list.

48 second Video Intro to this post can be seen here: http://ViralNetworks.com/view/KdPLl

Dr Mike Woo-Ming and Brian “Koz” Kosobucki have together developed an interesting lead generation software package, that they unveiled at the World Internet Summit in Australia this month.

Dr Mike has for years now been teaching people about the power of lead generation for internet marketing. There are thousands of businesses both online and offline who will pay for new leads, and some will pay thousands (think ‘real estate agents’).

Koz has made a living with niche sites and coupon marketing and has used some unconventional methods of traffic and lead generation. In fact he had developed a system of lead generation that didn’t even require you to have a website. When Dr Mike heard about this, he got on board and together have developed some (expensive – around $USD3,500) software that will generate leads in just about every niche.

By entering in keywords (e.g. baby strollers) and city (e.g. San Francisco), the software delivers the user a list of people who have entered search queries for the keyword. But that’s not all it delivers. It also gives you a transcription of their inquiry and their email address. The premise is that by ‘replying’ to their query with a product for sale you are not spamming. I think the jury will be out on this for a while though.

For big ticket items, like real estate sales, the potential is huge. Being able to provide a Realtor in Santa Monica with a list of everyone who has recently searched for a home in that town, could be worth a LOT of money.

On investigation, it seems that much of the data the system gathers comes from sites like Craigslist, though I’m not sure whether it is with the site’s permission or not. Also, the areas that the software covers is still limited, although the US seems to be very well catered for.

If setting up a lead generation business appeals to you, then this Lead Evolution product could be worth investigating. As the jury is still out on this software in terms of it’s ethical situation, you will see I am not using an affiliate link to the site, it is a direct link for your informational purpose only.

If you are promoting a product in the Internet Marketing niche, a site that allows you to market to 100% double optin, hungry buyers is Frank and My membership site: ViralUrl Dot Com

Come Network with me at the Newest, Hottest Business Social Network… See You There!

The World Internet Summit took place on the Gold Coast of Australia’s Queensland March 12-15 2009 and the impressive list of speakers delivered some real pearls.

There were lots of internet marketing newcomers, so the ‘Newbies Day’ at the beginning had speakers like Tom Hua, Brett McFall and Sean Roach talk about some of the basics. Hearing about the different and growing opportunities for making money online inspired the audience who seemed to hang on every word – obviously a lot of ‘a-ha’ moments.

‘Living the Dream’ was a common thread with all speakers – how internet marketing has made them rich, how they have generated systems for residual income, how they literally ‘earn money while they sleep’. This is hardly surprising as being successful with internet marketing has to be the main criteria for anyone hoping to convert their on-stage presentation to sales. (more…)