Jermaine Internet Marketing Success Story
Part 2
Read Jermaine Internet Marketing Success Story. Internet
marketing guru Corey Rudl interviews Jermaine Griggs - a college
student who earned $200,000 from his HearandPlay.com web site last
year. Let's dive in and see exactly how Jermaine's doing it! (If
you did not read Jermaine Internet Marketing Success Story Part
1 yet, just click here!)
Case study of a booming online cash-machine that earned $200,000
last year -- with a single product!
-- INTERVIEW CONTINUED
--
QUESTION:
You mention that you're tracking the visitor-to-sale conversion
rate of your traffic, both from the pay-per-click search engines
and your banner advertising... How do you do this, and how do you
monitor your conversion rates?
Jermaine:
I just assign each banner or keyword campaign a unique ID in AssocTRAC,
which lets me keep track of a person from their first visit to my
site to any purchases they make. That way I know exactly where I'm
getting my best customers, which is crucial to get the best return
on pay-per-click campaigns.
For example, according to AssocTRAC,
when someone clicks on my listing after searching for "piano
lessons" in the pay-per- click search engines, one out of 33
will buy. So if the listing "piano lessons" costs me $.25
per click, it takes $.25 x 33 to get one sale. (That is, it takes
$8.25 to get one sale, which brings in an average of $75).
So in terms of numbers, $8.25 yields $75
(but that's just for this particular listing). Now wait, $75 is
just for their first sale. This person is now a lifetime customer!
QUESTION: Could you tell us about a "light bulb"
moment that you've had? A moment when you've thought to yourself,
"If only I'd known that earlier..."
Jermaine:
Originally, I was just focused on getting the sale. But I soon realized
that my mission was to help musicians reach their music goals. After
that realization, I added message boards, chat rooms, and the like,
and sales skyrocketed! Why? Because members saw that we were a legitimate
company willing to help them.
People have no reservations buying from
a company they trust and feel helped by.
QUESTION: What have you done to automate your site?
Jermaine:
Well, pretty much everything is automated. I don't really do anything
anymore other than look for new partners.
My shopping cart takes the order, confirms
it, and sends it to my credit card processor. The customer then
automatically receives a thank-you e-mail.
After two weeks, the customer automatically
gets an e-mail asking how their course is coming along. Customers
are thrilled at our customer service and actually believe that I
sit down each time to send them e-mails.
QUESTION: What would you consider to be your major achievements?
Jermaine:
My all-time greatest achievement would be the fact that I took absolutely
nothing and made something out of it.
I hope this encourages people not to give
up because start-up capital may be low. Make the best out of what
you have! With research, dedication, and patience, a "little"
will eventually turn into a "little more," and a "little
more" will turn into "some," and "some"
will turn into "a lot" -- I know because I've been there,
and I'm still working on getting "a lot"!
QUESTION: What do you think has
helped to make your site so successful?
Jermaine:
It wasn't until I created a long, catchy information-packed salesletter
(set up as one long piano lesson) and asked for the sale that my
sales skyrocketed! No matter what I sell in the future, I will never
ever use a simple "buy me" link again. People aren't online
with the intention of buying, they are online for information --
and that's just what I give them! Lots of it!
Corey, you're my main influence and I
like to use your structure (even though we're selling totally different
products). I hardly ever got sales when I just listed a few points
about the book and a picture of it. Now, despite what \ anyone says
about people not reading long sales material, sales continue to
pour in day after day.
QUESTION: What is the biggest mistake
you have made since you first launched your site?
Jermaine:
Hmm... When I first got started, the biggest mistake I made was
placing advertisements on my site because I thought they looked
good.
Now I understand that this is one of the
biggest mistakes a webmaster can make (especially with untargeted
ads). I will never again show a banner advertisement on my site
unless it is advertising another product of mine.
QUESTION: What major mistakes do
you see other Internet entrepreneurs making?
Jermaine:
I think the number-one mistake Internet entrepreneurs make is not
taking the time to make their site as professional as possible.
Credibility is a huge issue on the Internet and if you can't convince
your customer that you are a trustworthy company, then you won't
get a sale from them!
QUESTION: What advice do you have
for beginners who are interested in selling over the Web?
Jermaine:
You need a good product! And you also need good marketing, because
a good product without the proper marketing techniques yields nothing!
Most importantly, it has allowed me to employ my mom,
who was laid off last year. I soon look to employ my sister and grandmother
(part-time because she loves to have something to do). Basically,
everyone around us knows about HearandPlay.com and I think it will
be in the family for generations to come (if it doesn't get bought
by a major corporation).
Without this site, I would still be living at home depending
on my parents for money. I feel blessed and thankful for the ability
and mindset to start a business at such an early age, and I pray that
I'll have the know-how to take this venture and other endeavors to
the next level!