I’ve got some interesting data following the ShoeMoney System launch that I want to share.

This time around I used genetify to do multi-variate testing with an optimizing algorithm. Let me show you why this is important.

Let’s say we got 50,000 unique visitors to our landing page.

3.0% conversion rate

5.0% conversion rate

So you say, great, orange converted better. So what? Everyone knows orange buttons convert better. Well you’re right, but we also tested some much more interesting things that I’m not willing to share. But, let me show you something more important.

Assume we had 50,000 unique visitors, with a $200 sale price.

50,000 * 3% = 1500 = $300,000
50,000 * 5% = 2500 = $500,000

If we had simply 50/50 split tested to SEE which result was better:

25,000 * 3% + 25,000 * 5% = $150,000 + $250,000 = $400,000

But using a genetic algorithm that optimized in real-time for the best conversion rate:

10,000 * 3% + 40,000 * 5% = $60,000 + $400,000 = $460,000

Because our algorithm optimized itself for the best conversion, we made an extra 15% in revenue.

The coolest thing about MVT with a genetic algorithm is that it will find combinations that work the best that you would never have dreamed of.

If you aren’t using the tools available, you are leaving money on the table.

This Post Is From ShoeMoney’s Internet Marketing Blog

Split Testing with a Genetic Algorithm

This is a guest post by the Video Boss Andy Jenkins.  Andy Posted this last week on his own blog but I thought it was such a great post I asked him if he would not mind posting here.

People have asked me this question a LOT over the years I’ve been teaching online business:

If you had to start all over from scratch, what would you do?

Well, I’ve got a really good answer now, and I actually did the whole thing in public over the course of the past several months. After I left StomperNet, I bascially WAS starting over.

And now, after a really successful and gratifying “Video Boss” launch, I think it’s safe to say that I’m “back” in the game. I’ve got paying customers, I’ve got a list, and I’m good to go!

I’m sure you want to know what I did to get from there to here and WHY I did it so I made a short list of things I knew I needed to get started with right away. I’ll share those with you now:

1. Blog – The first site I built once I was on the west coast and settled in was AndyJenkinsBlog.com. I needed a place for people who knew me to find me again. And I needed a place for people to discover me.

Having been on the web since before blogs existed, I have to say it’s my preferred “personality platform” nowadays. I can post my content, get comments, branch off into social sites like twitter, and build my list, right from the same site.

And you DON’T have to get fancy, either. Sure, I’m using a “premium” theme, but it’s hardly personalized at all. It’s about making it WORK not making it PRETTY.

2. List – As I mentioned above, if you want true leverage in an online business, you can’t depend on traffic sources you don’t control directly. They always say “the money is in the list” and dang if “they” aren’t right in this case.

The very 2nd thing I did on my blog was to add a list opt-in and start getting subscribers. I didn’t have my eventual product ideas for Video Boss finished or even fleshed out, but I knew I would need a list when I did, so I started early.

But since my product wasn’t ready, I needed something to engage my visitors and viewers with in the meantime. That’s why I needed:

3. Content – Obviously, a blog is no good without content. So I did a couple of rock-solid freebies that proved VERY popular out there on the web. I posted them to the blog, and I emailed my list to come and get it and share it.

It worked. Bigtime! I’m talking about a list of 10K subscribers built BEFORE I ever got ready to launch Video Boss, built entirely on the strength of the content on the blog.

If you want to see the kind of conent I mean (and if you’re new here) I recommend this Post.

http://www.andyjenkinsblog.com/2009/09/04/oh-hai-i-mind-mapped-ur-biznezz/

It was important that I demonstrate 2 things to my audience: First, I know what I’m talking about. Second, establish my core values so that people know what I’m all about.

That’s because it builds up reciprocity and responsiveness, which is where the “making money” part comes in.

4. Offers – Now as I pointed out earlier, Video Boss was far from ready all these months ago. I knew I couldn’t just build up an audience based on freebies because without offers being made periodically, people would resent being marketed to later.

Of course, selling stuff and getting paid is a good reason to make offers, too. :)

Without anything ready in my own product line, I promoted some rock solid stuff that was in line with the values I’d already estabilished in my free content.

There are things that I know to be important in online business, and I promote products that will help my students reach those ends. I promote the BEST ones I can find.

But there’s an ulterior motive there too. The people with the best products being offered ALSO have high-quality lists filled with customers who care about quality… and are willing to pay a premium.

In other words, the folks who I was an affiliate for were all ideal affiliates for Video Boss when it was ready. So again, you can look at this as a reciprocity “pay it forward” strategy rather than a typical anonymous affiliate relationship.

I got in touch with those partners and STAYED in touch. I even helped with some of their launches, supplying some BOSS-style video. So OF COURSE those guys were going to promote.

They knew “Video Boss” was going to work because they’d worked with me, and I helped them out. They saw what I could do. So once I was ready, I knew THEY would be ready to help ME.

5. Product – If you’ve been paying attention this month, you’ve seen me launch my “Video Boss” coaching program. I’d been developing this in the background the whole time I’d been doing the other stuff.

But you’ll notice I didn’t start with the product first. I began building an audience, and a JV promotional channel, and a list building platform SIMULTANEOUSLY.

The interactions I had with partners and their launches, and with my blog and list subscribers HEAVILY influenced the development of Video Boss. So much so that if I look at it now and compare it to my first notes, you wouldn’t even recognize it.

And this is VERY IMPORTANT because I listened to my market and my affiliates and actually created my course to conform exactly to what people NEEDED, packaged in a way that gave them what they WANTED.

And that worked on the affiliate side too because the product was built to appeal to them as well. Big payouts, solid reputation for quality, happy customers, and they already knew I’d been a good affiliate for them, so they knew they weren’t just going to LOSE subscribers to me.

6. Repeat – That’s really all there is to it. I’m going to take care of this class of Video Boss members, and while I do, I’ll keep posting great content (like this) to the blog and email list.

I’ll keep engaging you in conversation, collecting comments, and thinking about what my next product will be. I’ll keep looking for tools and offers that you can use to grow your business.

I plan to keep helping you, and in exchange a lot of the people I help will support me through checking out my offers. It’s not rocket science, and I deliberately tried to keep it simple her because it IS simple.

Don’t get bogged down in the technical side of things choosing the best blog software or the best list software at first. You can always improve down the line – it’s about getting started and getting some momentum.

Once you have that, keeping that momentum going gets easier and easier. Especially if you’re treating your audience as well as you should. I’ve got a secret formula for that too! :)

7. Be a good guy – This one isn’t required, sadly. There are lots and lots of fortunes built on slimeball tactics and leaving others worse off than you found them.

I just can’t operate that way knowingly – there’s WAY too many bad guys out there. Be a good guy. Strive for it. Bend over backwards for your customers. Be good to your partners.

Are you going to make mistakes? YES. Work hard to make them right, because that’s what a good guy does. The harder you work to make things better for everyone around you, the more and more rewards life will send your way.

I don’t mean to get all “wishy-washy” with “The Secret” style stuff on you. But I’ve found the truest of those kinds of sayings is that in order to get what you want out of life, help others get what they want.

Steps 1 though 7 above are how I try to do that every day, and I think I’ve been pretty successful at it so far. Most of the people whose success I admire have done pretty much the same thing, though maybe with different tools.

The underlying skeleton is the same, but there’s enough room in this model for you to put yourself into it completely, and if you do, I have no doubt you’ll succeed.

Until next time,
Andy


Get a sneak peak at the all new ShoeMoney System

This Post Is From ShoeMoney’s Internet Marketing Blog

If I Had To Start Over…

As promised we will be accepting more students into the ShoeMoney System tomorrow at 2pm CST.

Just the other day I had a call with Dush, VP of Clickbank (our payment processor) , who informed us we have the lowest return policy of any product they have ever had at that price point in their 12 years of operation.

I think that says a LOT especially when you look at how drop dead simple I have made the refund policy (no questions asked).

I have never been so proud of anything we have ever produced. As many students are finding out we DO listen AND implement changes if needed.

BTW I am German and you know germans make good stuff. (sham wow reference for those who dont get it)

We continue to have companies lined up to be apart of the ShoeMoney System and will have some neat announcements shortly ;) .

Make sure you get on the early bird waiting list to get early entry and avoid being shut out again !


Get a sneak peak at the all new ShoeMoney System

This Post Is From ShoeMoney’s Internet Marketing Blog

ShoeMoney System Reopens Tomorrow @ 2pm CST

April fools is almost upon us again…

Damn time flies. I love april fools. Its the one time a year you get permission to show how creative you are and if it doesn’t work out you can throw April fools under the bus.

Its like when you were in high school and you have your best friend ask some girl on a date for you and when she says no you say, “Oh just joking”. Or maybe that was just me… anyway…

Last year my April fools day joke post was a spoof of LOST saying I was moving to portland. Its one of the most visited posts on all of ShoeMoney.com and also one of the biggest influx of RSS subscribers to the ShoeMoney Newsletter.

What are we going to do this year? Well you will have to wait 30 days to see ;) .


Get a sneak peak at the all new ShoeMoney System

This Post Is From ShoeMoney’s Internet Marketing Blog

You Have 30 Days

I always say I learn 100x more from my failures then from my successes….

What do you find more scary? Getting dinged by the IRS for 1.5 Million dollars in fines and penalties or having the FTC break down your door and virtually bankrupt you?

This happened to 2 of my good friends and in this months ShoeMoney Newsletter I am going to tell you these guys amazing stories. How did they get into the mess to start with? How did it go down? Did they recover? Its all in February’s ShoeMoney Newsletter coming out this week. Don’t miss it.

If you are not already on the list you are missing the best newsletter in the industry! Enter your info and get with the program:

Name:
Email:


Get a sneak peak at the all new ShoeMoney System

This Post Is From ShoeMoney’s Internet Marketing Blog

2 Incredible Internet Marketing Stories and Lessons

New listings placed this week in the ShoeMoney Marketplace:

Want to get your job, product, or announcement out to hundreds of thousands of very targeted ShoeMoney readers? Create a marketplace listing today!


Get a sneak peak at the all new ShoeMoney System

This Post Is From ShoeMoney’s Internet Marketing Blog

This Week in the ShoeMoney Marketplace

Goodbye Kitty is a hysterical site for all Hello Kitty haters. It has a multitude of products from t-shirts and sweatshirts, to totebags, aprons and cutting boards all depicting various forms of Hello Kitty’s demise. My favorites are Kitty Hit By a Car, Kitty Eaten, and Kitty Electrocuted. Great for a funny gift or a good laugh check it out www.goodbyekitty.net

If you would like to see your website or company featured on Free Shirt Friday click here


Get a sneak peak at the all new ShoeMoney System

This Post Is From ShoeMoney’s Internet Marketing Blog

Goodbye Kitty

London Blog Club

Meeting with, getting to know and discussing different blogging subjects with other bloggers is a nice way to get motivated to improve your blog and take it to another level. I am one of the organizers of one of the blogging meetup events in London, the London Blog Club.

Our first ever blog meetup was on February 2nd and 12 bloggers showed up. It was a very informal meeting where bloggers were able to get to know each other and where everyone got a chance to speak a bit about their blogging experience and dreams.

London Blog Club – goals and tasks

We ended up agreeing that in case that you want to improve your blog, you must set some short-term goals, some task that you will do and you must follow them consistently. A task was given that everyone must make some blogging goals and work on them during the time until the next meetup, which is on 10th March.

Some of the blogging goals were to write a certain amount of posts per week consistently for 4 weeks, one of the other goals was to write a certain amount of guest posts to promote your own blog, and another goal was to get in touch with 10 or more new people from your target group daily and that way increase your influence and readership.

The deal for our next meetup is to check up on the progress of people and their blogging goals, see what has been done since the last meetup, what results have been achieved and what lessons have been learned. Will be interesting to hear…

“I cannot wait for the next meetup”

Some of the comments about the first meetup:

  • Mark Waterfield “ Very informative. I took away some great ideas which I now need to action”
  • Elzette “It was everything I was hoping for, for a first blog meetup of this group. Great discussion about all the different kind of blogs. Great advice and insight was given. I can not wait for the next meetup!”

The next London Blog Club meetup is on 10th March, same place – Pitcher & Piano in Holborn, London. See all details and sign-up for this free event on London Blog Club page.

Image by Toni Duarte.

See more:

  1. Review my blog: Blog critique of Murray Newlands marketing blog
  2. My Build A Better Blog presentation at London Bloggers Meetup video
  3. “Wetworld” Blogging – How offline events can improve your blog
  4. Are you a blog consumer or a blog producer?
  5. Thinking out of the “text is king” blogging box

Thanks for reading HowToMakeMyBlog.com

My name is Marko Saric and I help bloggers succeed. Subscribe to the RSS feed to join thousands of bloggers and get all my blogging tips for FREE!

Last week I was made aware of the launch of ebuzzing in the UK. EBuzzing is a simple way to monetize a blog by creating content for different brands and featuring videos and other content of different brands.

Basically the deal is that you register on ebuzzing.com, it is simple and free and you get your blog approved. When your blog is approved, you will then get offers from brands that want to be featured on your blog. There are no obligations so you get to pick and choose if you want to feature something or not and you also get to set your own price.

There are different kinds of offers that you can get. These can be:

  • A video campaign with dedicated players and banners where you basically embed a video from the company into your post or into your blog sidebar.
  • A content creation campaign where you have to create branded content for companies like Coca-Cola, Intel and Electronic Arts. The post you are reading now is a content creation campaign. 

Every campaign you do requires the presence of the disclaimer link, and all links are no-follow so Google is satisfied. And you are allowed to talk and write whatever you want. This is how the article submission process looks like:

Ebuzzing

As I don't have any banner ads or Adsense ads, this is a nice and alternative way of Monetisation of my blog.

As explained above, the disclaimer is always placed at the end of your post so that your visitors know that it is a Sponsored Post.

See more:

  1. Get your blog article on top of Google results today
  2. Content Is King For A New Blog So Start Writing Posts
  3. FOWA Gary Vaynerchuk And Facebook Developer Garage Interviews
  4. Thinking out of the “text is king” blogging box
  5. 7 effective ways to resurrect old blog content

Thanks for reading HowToMakeMyBlog.com

My name is Marko Saric and I help bloggers succeed. Subscribe to the RSS feed to join thousands of bloggers and get all my blogging tips for FREE!

Blog diet

Is it the Atkins Diet – loaded with protein and fat; or is it the Jenny Craig diet –processed and prepared for you; or is it the Weight Watchers diet—counting points and tracking; or is it the New Year’s diet—gung ho for a short while and then loses its momentum?

Blogging, just like dieting, takes dedication, diligence, planning, and follow-through. It takes an open mind to change habits and give a new perspective on the same old thing. It takes time, a lot of time, to build an audience and keep them coming back for more. It can be frustrating and a huge let down if you watch the numbers daily. Just like weight loss, it is not all about the scale and blogging can’t be all about the numbers either.

  • Atkins Diet – A blog full of protein and low carbs can leave you craving something sweet. Is your content full of facts and no personality? Does it leave the reader craving something more?
  • Jenny Craig – Restricted and only their processed and boxed food. Is your blog strictly about your own niche? Does it leave your audience with just specific lists of someone else’s ideas or do you interject your own personality and choices into your posts?
  • Weight Watchers – Lots of Counting and Tracking. Do you spend a huge amount of time counting and tracking your stats? Does your writing shoot more for the numbers than the quality of your content.
  • New Year’s Diet – Does your blog and your content start out with a bang and then lose momentum, leaving you scrambling for motivation? Build your blog, with your unique writing style and quality content will win the readership and grow your blog more successfully than going all out and losing its stamina too soon.

A blog needs nurturing and self-care just like a plan to lose weight. Sticking within your niche can be just like some diets. Restrictive! Yes, write content geared toward your niche, your passion but explore other “niches” to truly make your blog grow.

A healthy diet is a balanced diet. Choices from all the different food groups, stepping out of your comfort zone, building relationships-including a few with some not-so-like-minded people who push you to view things differently and determining what you like, what you don’t, what works and what doesn’t, for you.

A healthy blog is a balanced blog

Choices from all the different niches, stepping out of your comfort zone of expertise, building relationships with bloggers who know about things you never experienced, taking that lesser known niche and putting it into your own perspective and own style will give your readers a treat, a new experience, a whole new way of looking at things and spice it up a little.

Do you judge a blog by its niche or its platform? Choosing a passionate topic for your writing is a key element to blogging. That said, exploring, following, and learning from a different niche can change your blogging lifestyle. It’s like eating from all the food groups. Filling up on the fruit and vegetables, but allowing for the meat and potatoes once in awhile.

Make your blog a special treat for your readers

Make it the icing on the cake once in awhile. Step outside your niche for a couple of days and come back to your balanced diet of your own niche. It will give you a new perspective and a new motivation for your blog. It will give you an open mind and give your readers something other than the same old topics that they can read from any other blog in your niche.

Diets, just like blogs, come in many forms . Let your blog be the one that gives them their cake and they can eat it too.

A well balanced blog, with a little cake thrown in as a treat, will reward you. You will reach an audience that may not have come to your regular meal plan but certainly will come for dessert! In the end, the numbers will reward you.

A guest post by Julie Hubert. Read more from Julie at Big Girl Bombshell and We’re Not in Oz Any More. Want to guest post on HowToMakeMyBlog? See more info here.

Image by Mr. Kris.

See more:

  1. Get inspiration from blog comments when writing your next post
  2. Thinking out of the “text is king” blogging box
  3. How to grow the number of your Twitter followers
  4. 8 additional optimization steps for your WordPress blog

Thanks for reading HowToMakeMyBlog.com

My name is Marko Saric and I help bloggers succeed. Subscribe to the RSS feed to join thousands of bloggers and get all my blogging tips for FREE!