Professional Documents
Culture Documents
COVERING:
The REAL Truth About Traffic, And Why
Youre Not Getting As Much As Youd Like
(Plus How To Fix That)
Facebook PPC Training: Advice I Wish
Someone Had Told Me When I Got
Started
(c) 2011 Matt Lloyd,
www.MyOnlineBusinessEmpire.com
Samuel Langley
The US Congress offered Langley a grant of
$50,000.00 (over $1 million in todays
dollars) to build an airplane with a
controllable engine.
A lot of the money went into developing a
radial engine developing 52 horsepower
with a weight of 155 kilograms. Those
were rare performance for the era.
On October 7th 1903, the airplane was
ready for a test flight with a pilot.
The airplane was catapulted, but nosed dive
immediately into the river without harm to
pilot and machine.
Once (and ONLY once) they had designed an aircraft that could glide,
they had the engine built.
Their powered aircraft flew for 12 seconds above the sand dunes of
Kitty Hawk, North Carolina, making them the first men to pilot a
heavier-than-air machine that took off on its own power, remained
under control, and sustained flight.
So why did the Wright Brothers succeed, while Langley did not?
One historian put it like this:
Langley had spent most of four years building an extraordinary
engine to lift their heavy flying machine. The Wrights had
spent most of four years building a flying machine so artfully
designed that it could be propelled into the air by a fairly
ordinary internal combustion engine.
The Wright brothers approach of making the plane fly before applying
high power was the superior one.
(c) 2011 Matt Lloyd,
www.MyOnlineBusinessEmpire.com
If you have a website that cannot 'fly' (doesnt convert well enough) - then it doesnt
matter if you have a V12 engine like Facebook powering it. It will still crash
eventually
And that's what most people in our industry do
(c) 2011 Matt Lloyd,
www.MyOnlineBusinessEmpire.com
2000: Pets.com went on a traffic rampage... they spent millions on superbowl ads... in less
than 1 year- were out of business.
(c) 2011 Matt Lloyd,
www.MyOnlineBusinessEmpire.com
Why? They were paying roughly $270 per customer to get traffic- but only monetising
that traffic to the tune of about $75.
Would more traffic have helped? Nope- not unless they were able to monetise it at $270 /
customer...
The question is NOT how do I get more traffic?
The question is How do I make more profitable sales?
So you start off building that structure that can fly, or that website that can convert visitors
into sales.
How do I know if my site can fly? How do I know how well it's converting?
And there is one number, that is more important than any other number in your business
it reveals a lot about how well your business has been designed, and how healthy it
is.
And I will also guarantee to you, that 97% of people in our industry don't have the
slightest clue what this number is in their business.
And that number is your average visitor value. Sometimes you'll hear it referred to as
'Earnings Per Click' but for now, we'll call if your average visitor value.
(c) 2011 Matt Lloyd,
www.MyOnlineBusinessEmpire.com
Number of Sales
10 units
$100.00
Total Revenue
$1,000.00
1,000
(divide)
$1 / Visitor
(=)
Example:
(X)
That means that on average, every visitor you got that day was worth $1 to your business.
That number is more important to your business than any other it's more important than 'bounce rates' or 'average
time on site' or 'average page views' or 'opt-in rates' etc.
And yet most online business owners have no clue what it is!
Average visitor value tells you how efficient your website is at converting traffic into sales... it tells you how well your
aircraft can glide
Moment Of Truth
How many people in this room right now, can tell me,
with near 100% accuracy, what their current average
visitor value is in dollars?
How long could you stand in front of that vending machine and
put money into it?
(c) 2011 Matt Lloyd,
www.MyOnlineBusinessEmpire.com
Your Website:
Or
The money you spend on getting traffic to your website, is like putting change into a
vending machine.
Eg. you put in $2, and that buys you 4 clicks.
The sales you make from that traffic (your average visitor value) is like the change then
vending machine gives you back.
Your most important role: turn your business into a vending machine that gives you
back more change than you put in
Maximise Average Visitor Value- And Never Stop Improving It.
(c) 2011 Matt Lloyd,
www.MyOnlineBusinessEmpire.com
In beginning- you are in a race to find or create an offer that allows you to buy traffic, and
extract more value out of it than what you paid, before you run out of money!
Google story: owing over $1,000.00
When starting out: Expect to put money into that vending machine and have it all
swallowed up- thats part of the process. But unless you're tracking, you won't know
this.
You'll be like the Wright brothers were... you'll build a lot of planes, that will crash into the ground and
burst into a ball of flames. But, you've got to keep trying.
Most people aren't willing to do that- they'll go and spend $200 on Facebook PPC ads, get no results,
and assume that it does not work.
(c) 2011 Matt Lloyd,
www.MyOnlineBusinessEmpire.com
HOW DO I IMPROVE MY
AVERAGE VISITOR VALUE?
Get better at extracting value from traffic (getting people to
buy more of your stuff)
First, and most importantly: Start Measuring.
So the first thing I want you to do, is I want you to copy
down this diagram use Google Docs or Excel.
Why?
You can afford to spend more to get traffic outbid your competition, and reach out to traffic sources
they cant buy profitably.
Plus- if you can get a higher average visitor value than anyone in this market- you will never have to
worry about getting traffic again. You'll have more traffic than you can handle (affiliates will send
you traffic- eg. Magnetic Sponsoring)
But you'll never get to that stage, unless you can maximise your average visitor value- and the only
way you get to that, is to be constantly measuring and improving...
(c) 2011 Matt Lloyd,
www.MyOnlineBusinessEmpire.com
Volume of traffic
Quality of traffic
Responsiveness: how often the target audience thinks about the particular topic
Past behaviour: buyer vs. non buyers
Eg. Groupon turned down 6.5 billion from Google. Not only do they get volume- but some of the
highest quality traffic possible- traffic that is looking to spend money!
Theres an inverse relationship between targeted
traffic, and quantity. Eg. Much smaller
group of super targeted traffic...then
general traffic, which may consist of a lot
more 'tyre kickers' etc.
Less targeted= greater quantity... but
less responsive. More work is required
to convert this traffic. Therefore not as valuable
And on the right, is someone who is ready to buy, looking with a credit
card in hand.
You want to be getting the people who are right at the end of the buying process- the most targeted
clicks your money can buy.
Clicking on a 'Like' button gives us a clue for where these people could be
at... but, it's not very revealing at all.
So what it means is that the clicks you buy on Facebook, are never going to
be as responsive as the clicks you would buy on a search engine at this
stage.
(c) 2011 Matt Lloyd,
www.MyOnlineBusinessEmpire.com
If you gave me a choice between buying a click on Facebook, from someone who 'liked' a
fan page... and buying a space based on the keyword they typed in- I'd take the
keyword every time.
Unfortunately- Search engine PPC is now out of the question.
So, whats the big deal about Facebook PPC?
The two big advantages that Facebook has over all the other traffic sources, is number
one, volume.
They have something like 680 million users now- and many of them log on every single
day.
*** The second big opportunity- is that the traffic is still very cheap.
The clicks do not yet reflect the market value of what they are worth: but the window of
opportunity is closing fast.
We have a huge opportunity here- but a very small window.
Why?
What happens is, whenever there is a new media source, is that the first few years or so,
the company's selling that space, and the market in general, don't yet know the value
of that space.
(c) 2011 Matt Lloyd,
www.MyOnlineBusinessEmpire.com
And the only way they're going to find out the worth- is through supply and demand.
Example- Infomercials.
Back in the 80s the T.V. Networks did not know the value of their space from the hours of midnight to
early morning.
They thought no one was watching, so they were pretty much willing to give you those time slots for
pennies.
So there'd be marketers like John Carlton, and Gary Halbert, who'd go film an infomercial in the day,
put it up to run that night, and see if they made any money.
If not, they'd re-shoot it the next day...
It was so cheap, and the barriers to entry so
low, that virtually anyone could enter into that
industry.
Now, that's a multi-billion dollar industry- because
the networks soon realised that those time slots,
in the middle of the night, did in fact have buyersand they had value.
As prices go up, most will start losing money, and will soon quit.
Prices of clicks will rise to match the earnings that those clicks can produce.
And only those with an aircraft that can fly will win...
WRITING ADS:
You have 4 levels at which to write your ads
Level 4:
Level 3:
Level 2:
Level 1:
And for each of those ads, have 3 different images (found on Google images)
And we have 3 ads per campaign.
(c) 2011 Matt Lloyd,
www.MyOnlineBusinessEmpire.com
Level 4
Communicate the right message through your hook, your USP, your tone, your guarantee, your whole
approach
Start on this level first, and test to find the grand message that works. Test the smaller stuff later
Level 3
The Order of Words & Lines Can Reflect What Your Customer Believes to
be Most Important
Eg. Testing the order of the 2nd and 3rd lines benefits before feature.
People more likely to skip the last lines if the earlier ones dont interest
them
(c) 2011 Matt Lloyd,
www.MyOnlineBusinessEmpire.com
Level 2
Echo Your Customers Words Precisely In Your Text & Domain Name
Your choice of words can make a huge difference; one word literally doubles
CTR:
Level 1
Get Your Customers Attention With Punctuation, Capitalization & Spelling
Question Marks (only one per word), Exclamation Point, Dashes, Capitalizing Key Words
Your Image:
Some experts say up to 40% of your CTR will be
determined by your image
Tips:
Use a bright red border around your image
Dont be boring- use images that create curiosity, and get
attention
Use images that are relevant to the fan page (eg. MLM logos)
Your Copy:
Make your ad specific- use the fan page name if you can
Customise each landing page your ad is sending them to
make it relevant to them
But remember: CPS is more important than CPC!!! (more on this soon)
KEEP YOUR ADS FRESH! (usually around a week) ((c) 2011 Matt Lloyd,
www.MyOnlineBusinessEmpire.com
ORGANISING CAMPAIGNS / AD
GROUPS
Campaigns = groups of related fan pages you are targeting with your ads...
So- if promoting 7 Figure Networker- one of my campaigns might be 'MLM Companys
But, manually submitting ads is a low leverage activity- once you train your virtual
assistant on how to do that, you can focus on the more important things.
You can have a part time virtual assistant, for $2/ hour, submitting ads for you for about 3
hours a day. That's a daily cost to you of $6 (guy again- first you must learn how, so
you can train them).
So learn how- then make some simple tutorials so they can see how it's done.
To find someone- I recommend Onlinejobs.ph
Tip: Use Google Doc spreadsheets when you are outsourcing this kind of work- have a
new doc for every product.
So, 'TheDoubleLead.com' has it's own Google Doc- and then we have it separated by
campaign- so we'll have MLM Companies, MLM Gurus, Motivational Speakers, etc.
Also- I've started using TheAdToolBox.com
MLM Companies
MLM Gurus
MLM Systems
You're going to have prospects, who don't even realise they have
the problem that your product can solve- so, before you make a
sale, you must first build the case that they have
a problem, and need to do something about it.
The ability to reach out to and convert those who are actually less
targeted. Why? Much more of them.
Involves making the prospect aware of a problem they're not already
aware of, and making that problem highly personal. Getting them to
realize it has a much bigger impact on their lives than they realize.
Eg. MLM teams- 20 recruits, to find one real business builder... who produces more than the rest put
together.
JB: Over 10,000 affiliates promote Get Traffic 3.0... yet, over 75% of all sales come from less than 50
affiliates (0.5%)...
(c) 2011 Matt Lloyd,
www.MyOnlineBusinessEmpire.com
Cost
Leads
CPL
Affiliates
$8,676
3211
$2.70
Customer Referrals
$4,200
214
$19.63
Organic Search
$14,600
1588
$9.19
PPC
$43,000
1055
$40.76
Purchased Leads
$97,850
4220
$23.19
Cost
Leads
CPL
Winner:
Affiliates
$8,676
3211
$2.70
Customer Referrals
$4,200
214
$19.63
Organic Search
$14,600
1588
$9.19
PPC
$43,000
1055
$40.76
Purchased Leads
$97,850
4220
$23.19
Cost
Leads
CPL
Customers
Cost Per
Sale
Affiliates
$8,676
3211
$2.70
12
$723.00
Customer
Referrals
$4,200
214
$19.63
14
$300.00
Organic
Search
$14,600
1588
$9.19
109
$133.94
PPC
$43,000
1055
$40.76
31
$1387.10
Purchased
Leads
$97,850
4220
$23.19
22
$4447.73
Cost
Leads
CPL
Customers
Cost Per
Sale
Winner:
Affiliates
$8,676
3211
$2.70
12
$723.00
Customer
Referrals
$4,200
214
$19.63
14
$300.00
Organic
Search
$14,600
1588
$9.19
109
$133.94
PPC
$43,000
1055
$40.76
31
$1387.10
Purchased
Leads
$97,850
4220
$23.19
22
$4447.73
http://www.mysite.com/?utm_source=facebook&utm_medium=ppc&utm_ter
m=mike_d&utm_content=ad1img3&utm_campaign=mlmgurus
Always add tracking codes to all your links.
Other Facebook ads, targeting same fan pages, with different ad versions:
http://www.mysite.com/?utm_source=facebook&utm_medium=ppc&utm_term=
mike_d&utm_content=ad3img1&utm_campaign=mlmgurus
A banner ad on BetterNetworker.com
http://www.mysite.com/?utm_source=better_networker&utm_medium=banner_
ads&utm_content=banner3&utm_campaign=mlmforums
An email to your list:
http://www.mysite.com/?utm_source=house_list&utm_medium=email&utm_con
tent=getting_started_online&utm_campaign=main_followup
On your blog:
http://www.mysite.com/?utm_source=blog&utm_medium=product_tab
(c) 2011 Matt Lloyd,
www.MyOnlineBusinessEmpire.com
Then I can work out total sales: how much money did we make, and what did we spend?
Example:
To Wrap Things Up
Stop chasing after traffic. Instead, start monitoring Average
Visitor Value, and focus most of your attention on
improving it the future of your business depends on it.
Track all of your traffic, right down to the ad. Find out which ads
are making you money, which are costing you money, and
adjust accordingly (if you dont know how to track, learn)
Approach Building Your Business Like The Wright Brothers
Approached Building A Plane. Dont Be Langley!
(c) 2011 Matt Lloyd,
www.MyOnlineBusinessEmpire.com