To better understand the concept of a sales funnel and just how you can implement it in your own business, let's look at the following image from Shutterstock. On the left side of the image, you see a magnet. That magnet is attracting customers, which happens a number of ways. From blogging to social media to paid ads and everything in between, how the visitors arrive to your website has some impact on the success of your funnel.
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Now, here’s where we do the math. You want to figure out if your funnel is going to be profitable, you need to understand what is “normal.” And I put normal in quotes because for every industry it’s a little bit different. And eventually ,you’re going to have benchmarks for yourself. You’re going to know what your normal is and then you can compare yourself against yourself. But when you’re just getting started, you might not have any stats. So I’m going to give them to you. So in the first box, I’m going to tell you that it’s pretty normal to have somewhere between a 20% to 30% optin rate.
And then I begin my very calming reminder of why we wait 72 hours and $1000 before making ANY decisions about the funnel. By the way, if you haven’t listened to my podcast episode called “In Defense of my Controversial Facebook Ad Advice” – you should listen. It goes into detail about my advice, why I give it, and what it produces when you do it that way.
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Once the prospect is in the proverbial funnel, you've peaked their awareness. That's the first stage of the funnel. However, getting a prospect aware of you is no simple feat. Depending upon how they've arrived to your website (organically or through a paid ad), those customers might view your funnel differently and your opt-in rates will vary significantly.
Why? Because we looked at the percentages and we know that those percentages are correct. So the funnel does work. You just aren’t making money because why? Because the cost per click for advertising is too high. So you have one of two choices. You can either try to get the cost per click down on the ad or you can try to raise the conversion rate somewhere on your funnel. But based on the math that we just did, this is a very, very high converting funnel based on the benchmarks, right?
However, the best part about this, and the most powerful route that entrepreneurs take to scale their businesses, is that if you know that sending 100 people to your site costs you $200, for example, but you get two people to convert at $300 each, then you have a $600 return on $200 invested (300 percent). When you know that, that's when the entire game changes and you can infinitely scale your offers.
Virtually anyone can attempt to live the digital nomad life, though certain groups are more representative in the community. These groups include younger people, entrepreneurs, refugees, nomads overall, people from well to do nations, and more. Digital nomads have been said to be inspired by Tim Ferriss' The 4-Hour Workweek, David Allen's Getting Things Done methodology, and the work of Mark Manson.
This article is completely true. There are benefits and drawbacks to becoming a digital nomad. It’s also not neeearly as hard is it looks. I’ve found being a web designer and developer to be the best possible outcome for living as a digital nomad. Not only can you work remotely with companies around the world but you can also get work locally. Eventually you can even start your own online business. These skills are priceless. I created a course teaching these skills specifically for digital nomads… https://www.kickstarter.com/projects/1965359633/become-a-digital-nomad-build-websites-and-work-rem?ref=2x3eov. You can fund it on Kickstarter now to get it at a ridiculous price or visit the website to learn more – http://traveldeveloper.com
You ever hear that phrase, “It’s easier sell gold than it is to sell shit”? No website starts out as minted gold right off the bat, so make sure you’re not trying to peddle, well…you know. In the beginning, a lot of websites try to create useful content on their blog for their audience but end up churning out all the same 500-1,000-word articles offering the 10 quick steps to achieving xyz. Not only is there no shortage of that content, but recent blogging statistics show it’s the last thing that’s going to make you stand out from the crowd and make a lasting impression.
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I’ve always been one to create great content, but now I see it may not necessarily be the right content. Can Share Triggers work for all niches including things like plumbing companies, computer repair, maybe even handy men that have a website for their business? I would say I’m estimating half the views a month as I should. Hopefully some of these strategies will help.
So by February of 2020 I'll have 15k saved up. My plan is to spend February through May in Mexico. This whole time I will be focusing on a few websites I'd like to build, learning Spanish, and surfing. And I'll do a little exploring on the weekends. From May to November I want to be in SE Asia (Bali and Thailand most likely). Here I'll be continuing web development, learning a new language and surfing. And of course some exploring when time permits.
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Think interviews are only for the big leaguers? You’d be amazed how many people will be willing to talk to you if you just ask them. Send out emails requesting an interview to thought leaders in your industry, and publish the interviews on your blog. Not only will the name recognition boost your credibility and increase traffic to your website, the interviewee will probably share the content too, further expanding its reach.
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incredible post and just what i needed! i’m actually kinda new to blogging (my first year coming around) and so far my expertise has been in copy writing/seo copy writing. however link building has become tedious for me. your talk about influencing influencers makes perfect sense, but i find it difficult for my niche. my blog site is made as “gift ideas” and holiday shoppers complete with social networks. i get shares and such from my target audience, but i find that my “influencers” (i.e etsy, red box, vat19, etc.) don’t allow dofollow links and usually can’t find suitable sources. I guess my trouble is just prospecting in general.
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If you're one of those that dream of the nomadic lifestyle, you're not alone. But achieving the ability to set out a long-term trip in a far-off land while working as a digital nomad is no easy feat. Unless you're financially free and are completely living off passive income right now, you'll need to find a way to make ends meet. The good news? While becoming a digital nomad might seem out of reach to most, it's actually a rather straightforward goal to accomplish.
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Brian hello! First off I want to THANK YOU for this fantastic post. I can’t emphasize that enough. I have this bookmarked and keep going through it to help boost our blog. I totally nerded out on this, especially the LSI keywords which made my day. I know, pathetic, right? But when so much changes in SEO all the time, these kinds of posts are so helpful. So thanks for this. So no question – just praise, hope that’s ok 😁