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Michael: How did you fall into this whole
Internet marketing thing and how long ago was
it? How long have you been in this game?
Mark: I would say that my proper start was
around 1994 and that was when e-commerce was
just really taken off its shirt and getting
ready to fight. Back then it was what we called
the wild, wild, web days.
Michael: Where were you at the time?
Mark: I was serving in Korea while I was in
military intelligence. That was in 1994. I did a
bit of online marketing then. And as you know,
back then there wasn’t really any online
marketing theory. So, what I did was I just
started formulating my own theory out of what I
knew about military strategy and psychology. I
remember there was a martial arts instructor of
mine many, many years ago that said, “You can
apply anything you learn from the martial arts
metaphorically to anything else in life.” I
thought that that was just really profound and I
found that to be true and I thought well here’s
this new Internet marketing thing. Really, we
weren’t even calling it Internet marketing back
then. It was just sort of like hey we’re on the
Internet and people are farting around selling
stuff. Very few people were. And there wasn’t
really any theory. You couldn’t buy a book on
how to market on the Internet, how to do
business on the Internet back then. They simply
didn’t exist. But I thought, well why don’t I do
that. Why don’t I apply what I know about
military strategy, specifically aiding military
strategy and human psychology doing business on
the Internet? Now, keep in mind at the time, I
really didn’t know much about doing business at
all. I had always been very entrepreneurial
since I was really, really young. But I didn’t
have any formal marketing training. I didn’t
have any formal business training at all. I just
sort of went out there and starting
experimenting with stuff and figuring things out
on my own.
I did that for a while. In 1995, I went to
officer candidate school, became a field
artillery officer. By the way, most people back
then didn’t know I was in the Army. I kept that
fact a secret. I didn’t want people to know that
I was kind of living a double life there.
Michael: How old are you now?
Mark: Right now I’m 37. In ’95, after I got out
of officer candidate school and started working
with the field artillery there, I started
looking at a few real marketers. So, I guess it
probably wasn’t until about ’96 or ’97 when I
did that. I was playing around a lot on my own
and had some very good successes. Now, I had
some websites out there that were extremely high
traffic. I had what was the most popular
personal development or self-improvement type
website in existence back then. It was called
Hot Rod Your Head. Looking back on it now, it
was absolutely a terribly designed website, but
lots of really interesting information and I had
just a great time marketing it. I started to
develop a reputation as an authority in building
web traffic from building traffic to that
website.
Michael: Let’s talk about…was Hot Rod Your Head
your first somewhat success, your first attempt
at making money on the Internet?
Mark: That was my first real success and,
frankly, the money I made from that wasn’t
really anything too significant compared to what
I had done after that.
Michael: How did you know what to do to even get
it started? What was your idea? Hot Rod Your
Head, what was it?
Mark: Back then it was just basically me wanting
to talk about some ideas that were really
important to me. But the topics were helping
people discover what their real potential was
and not in just some superficial way like you
hear about in a lot of these self-improvement
products…discover your full potential. A lot of
it was just so much like garbage and snake oil.
I was asking what can you really do, what are
the limits of human potential physically, what
can a person do. And these were the things we
were exploring. And the website was all about
exploring that in a lot of different ways. And
it was constantly morphing itself and changing.
We had a lot of really interesting people come
and show up there. For example, this guy isn’t a
marketer in the traditional sense. He’s marketed
himself really well in the underground world.
He’s one of the people who has influenced my
life the most. He was actually a columnist for
the website. His name is Robert Anton Wilson. He
wrote a series of books called, The Illuminatus
Trilogy, which was a huge cult following book in
the 60s and 70s. This guy talks about ideas that
will literally blow your mind and change the way
you perceive reality. And you were talking about
things, general semantics for example, that was
one of the major influencers of neuro-linguistic
programming long before these ideas became very
popular. A lot of people don’t know that NLP was
greatly influenced by Ericksonian hypnotherapy
and by general semantics and a few other topics.
I would say maybe the vast majority of the ideas
there are not to pooh-pooh NLP at all. They’ve
got some great ideas and they popularized a lot
of great ideas, which were, of course, then
popularized more by Tony Robins than by NLP. But
Robert Anton Wilson is really probably the first
guy to popularize these type of topics and a lot
of the concepts that people are capitalizing on
today would not have been here if he hadn’t
spearheaded that.
Michael: How do you make money with this? Were
you selling information products? Did you do any
audio on the site at that time or what was the
model on that?
Mark: There was a little bit of audio on the
website. The model was basically…I was selling a
companion book, which was a course on how to
increase your intelligence called, Hot Rod Your
Head. And then we developed a shopping mall for
sort of alternative personal development type
products called, The Ten Tools. Eventually, I
sold both of those websites off to Learning
Strategies, Corporation. Those are the guys
who…the photo reading course and they’re doing
completely different things with the domains
now. I think they’re just placeholders more or
less. So, really, they’re completely defunct.
But somewhere along the way there, I started
writing about Internet marketing sort of on the
side. I wrote an electronic book called, Search
Engine Tactics, which a lot of people recognize
as the first book about search engine marketing
and maybe even the first e-book. I don’t know if
that’s true. I get credited with that a lot.
Again, there may have been e-books before that.
I will take credit for popularizing the union. I
don’t think there was any movement to popularize
e-books before that at all. And that book
certainly was one of…probably the driving force
buying, getting e-books out there.
Michael: Was that the one that was downloaded
like a million times?
Mark: It was downloaded over a million times by
1998 and then we stopped counting at that point.
It did very, very well. It’s the only e-book
ever to be given five stars by ZDNet. It was one
of the top 100 downloads in 1999 on
www.download.com . That capture, we stopped
counting it, so it had a lot of life for a while
there. I don’t think it even matters anymore now
because the ideas are extremely out of date.
But, I really didn’t get into real marketing
until I met Joe Vitale and Joe was the first
real marketer that I met. He was the first real
guy who had direct marketing experience.
Michael: How did you meet him?
Mark: Joe was actually introduced to me by a
mutual friend of ours called Win Wenger. Win is
a guy who wrote a book called, The Einstein
Factor. He co-authored it with a gentleman named
Richard Poe. And Win is very well known for
being rather eccentric with ideas on how to
increase human intelligence. He’s a visionary.
He’s got some great ideas. It just so happens
that Joe and Win were friends and then Win and I
were talking about marketing and he said, well
you really need to talk to Joe Vitale. Now, I
had purchased some of Joe’s stuff and I hadn’t
been exposed to any real marketing information
before that. Joe is a guy who learned from the
classical direct marketers.
Pretty soon thereafter, I started pushing Joe to
publish his stuff electronically. I said let me
take this old, out of print manuscript you have
called, Hypnotic Writing and turn it into an
electronic book. It took me about two years to
convince him to do it because he thought who’s
going to buy an e-book, right. This is what
everybody thought back then. Eventually we
published that and we ended up still publishing
a few of his videotapes. I think we may have
been one of the first companies to
electronically push and sell video and audio
material, as well.
Michael: Let me ask you this. A lot of these
Internet marketers are one-man shows. Did you
have partners? What did your business look like
at that time?
Mark: Well, the business was constantly
morphing. For a while there, it was me as a
one-man show. Depending on the different
initiative that we had, they were different
iterations of it. At some point, I created a few
search engines. One of them we even sold off to
a public company and that was created with a
partner of mine who lived in Australia. At the
time I was living in Oklahoma. Eventually, Aesop
did morph into a formalized company and in our
peak we have 45 employees and overhead of a
quarter of a million dollars a month. So, when I
say we, I just kind of use that in a broad
sense. I’m not an egotistical guy.
Michael: Yes, I understand. The early days, was
it you in your basement doing this? What did it
look like?
Mark: It was me in my living room in Oklahoma.
That was when I was really doing a lot of the
work. A lot of people didn’t realize that. I
looked like a much bigger operation way back
then.
Michael: The early days, were the painful? What
kind of screw-ups did you make? What were some
of the learning curves? I’m sure you paid your
dues like anyone else, right, late nights, early
mornings.
Mark: Oh sure. I made screw-ups yesterday. I
certainly made a lot way back then, as well.
That’s something that people need to realize.
Probably the biggest and ugliest mistake I made
was some trust I put into a public company. I
won’t say who or even hint at what it was. Back
before the dot com bubble burst a lot of us were
saying and I was really trying to get this idea
out there that the dot com world as it was
believed in the stock market at the time was a
world of smoke and mirrors. And people were
thinking back then well hey all we’ve got to do
is put up a flaming logo and a website and
people will come and it was like a field of
dreams theory; build it and they will come and
all the venture capital you need will be there.
It was kind of like that to a certain extent
because people were ignorant. And towards the
end of that, I had some interaction with a
public company and my instincts were that I
shouldn’t trust these guys. And it turned out
that they were really complete con artists. I
put my trust in them. I wanted them to float a
business idea and they ended up basically
stealing all of our intellectual property. I
hadn’t really thought everything through, as I
should have. I trusted the contracts too much. I
didn’t trust my instincts enough. I really just
learned to keep business as simple as possible.
If I sense that things are getting too
complicated or that negotiations are getting
paranoid or that I don’t feel 100% comfortable
about something, I’ll just say do you know what,
life’s too short, lets just move on to the next
deal. But I think that in a global sense, that’s
something that we all have to do to protect
ourselves. Whenever business gets complicated,
that’s when you start losing money.
Michael: Have you had any success in regular
direct marketing or is all of your success been
in the Internet marketing world?
Mark: Almost all of it has been in the Internet
marketing world to be honest. I’ve done a bit it
testing with direct marketing stuff and I’ve
certainly consulted for a lot of people with
their direct marketing campaigns and helped them
boost their profitability, but I haven’t been at
the helm of any of that. I haven’t been the CEO
of a company that was based on direct marketing.
Thank goodness. It’s a lot lower risk on the
Internet.
Mike, as you know, my God, what the old guy’s in
direct marketing had to go through. You had to
be really, really smart to get by in direct
marketing and have a huge tolerance for risk.
And that’s why you’ll notice that the old
classic direct marketing experts tend to be a
bit tougher and a bit sharper than your average
Internet marketing expert simply because you had
to be better to be successful.
Michael: Here’s a question from Chris, “With
regards to the quote, one of Marks websites
became the 37th most visited website on the
plant within six weeks of its release. I have
the following questions. Was that a fluke or was
it in intended? Did Mark actually intend to get
in the top 50 or was it an unintended result?
The other question is if it was planned, what
concepts would Mark advise others to adapt in
their web promotion in order to have sure and
similar results?”
Mark: That is a very, very good question at the
end. I’ll tell you what my thinking was, what
was good about that, and what the flaw was.
Michael: What project was this that he’s
speaking of?
Mark: This was called StartBlaze.com , which is
now totally defunct. In fact, if you go to the
domain, it’ll just go to my new blog.
You’re listening to Michael Senoff’s
www.hardtofindseminars.com .
It’s really funny, though, because we get
traffic from people thinking it’s StartBlaze
still to this day; a fairly decent amount of it.
But that project was what a lot of people
credited being the first traffic exchange type
website. Again, I don’t know if that was really
the first. I think that there were probably a
bunch of us around that time that were starting
to do that; the concept of exchanging traffic in
that way. It was a new thing back then. And it
was probably the most dramatically successful,
that’s for sure.
But what prompted me to start that and prompted
me to actually plan to be one of the top 100
websites, to answer that question, yes I did
definitely have that at the time. Two things
happened for that. First I went and I studied
what some of the top 100 websites in the world
were at the time. And I found that there were a
couple out there that were advertising brokers.
And I though, of course, that’s so brilliant
because these guys got their ads on all of these
websites. That gets them that extra traffic and,
therefore, that vote of confidence. So, I looked
at that and I thought, God, I mean that’s just
so easy to have a high traffic website that way.
But that’s got to be meaningful. You have to
take advantage of that high position for it to
be meaningful because you can be number five in
the world and if nobody knows it, well there’s
no advantage to really being number five except
for the fact that you’re getting all this
traffic. And the ad brokers in a sense, it’s a
_____ because their ads are showing up on other
peoples’ website. That may or may not be a
profitable endeavor for them.
Now, the other thing that I used to kind of put
this together was we did a survey of our
customers and we had a massive customer base at
the time because we had run several search
engines and just did a number of things to get…I
mean at that point, we had millions of
subscribers. We did a survey and one of the
questions we asked, and then we asked this in
many different ways, was what is your base
problem. If we could wave a magic wand, what
would be a problem we could solve for you right
now? And over and over and over again the word
that kept coming up was traffic, traffic,
visitors, traffic. I said, okay. We haven’t
really done a product targeted for that specific
problem. So, I put those ideas together. I
thought about what the best way to do it would
be and I came up with the idea of this start
page exchange. And what it was is all you had to
do is make StartBlaze your start page and other
StartBlaze members’ ad would be shown on your
site. So, every time that you opened up your
start page, you’d be earning ad credits and then
on top of that if you told other people…this is
where the viral marketing aspect came in…if you
told other people about it, then a fraction of
the credits that they generate would be yours,
as well.
Michael: Had you already had your search engine
company already? Had you had traffic already?
Mark: By the time that was going, I had actually
run several search engines. But that was one
nice thing that we had a nice warm crowd that
was interested in getting traffic and our data
proved it. So, putting all those things
together, what our customers wants, what the top
100 websites were at the time, what our base
was, applying what I knew about viral marketing
and viral system design, which is still a
burgeoning industry really. People are just kind
of waking up about that now. Putting that all
together, we created that and then it just took
off like gangbusters. And combined with that, we
went out and we did an orchestrated project
launch, which is something a lot of people are
talking about on the Internet now. The concept
is really, really simple. You just go out and
you contact the right people who have got access
to the right audience, motivate them to spread
the word about what it is that you have, and
they’re going to go out and work like crazy for
you because it’s in their best interest to do
so. In a general sense, that’s really all you
need to do to get good viral marketing started
and to get a good product launch going out. I’ve
modified my thinking on that, but from a
tactical sense. That’s really all you need.
Philosophically, I think there’s a lot more you
need and that’s what the last two books I wrote
were all about.
Michael: Can you take me back…because this is
really important…how do I get more traffic and
it seems like you came up with a solution and
that was create and control your own search
engine. That’s certainly a pretty good way to
get traffic. How did that all start and what was
your strategy in starting your own search
engines? Was that the ultimate goal?
Mark: Well, first of all, I wouldn’t go out and
suggest that to everyone.
Michael: Well, where you were at that time in
your mind?
Mark: Well, where I was at that time was, hey
something I realized. I was looking back at the
early gold rush days and I wrote an article
about this way back in 1995 and I made an
observation saying that back in the gold rush
days, the gold miners were rarely the ones who
built lasting wealth. It was the people who were
selling pick axes and shovels to the miners that
really made all the money. And since then, I
think that was a metaphor that got picked up and
used quite a bit about the Internet and I think
it was quite apt. And so, I thought, well why
don’t I become a purveyor of pick axes and
shovels. And by that time, I was selling
electronic books and services and whatnot for
Internet marketers. And what better way to get a
warm market of Internet marketers than to be the
one place where they absolutely have to be,
which was in the search engines.
Right now I would say, looking at…even though
I’m the guy who wrote a book that a lot of
people credit as the first book about search
engine marketing, I don’t even do much search
engine marketing myself anymore. It’s funny, the
last few weeks I was looking at some SEO stuff.
I kind of had to re-educate myself about what
was going on because I just haven’t stayed up on
it. Now, I’m at a point where I can capitalize
on it without having to do any extra work…very
much against people going out and manipulating
the search engines and doing a lot of faky,
shaky tactics to get the traffic that they want.
But now, I’ve got some organic things going on
that can take advantage of that.
But anyway, that was the thinking at the time.
Now, what I like to tell people is…I talk about
it in my new book, The Great Formula…I’ve got
four strategies, four overall strategies you can
use to capture thirsty crowds. And really, I
think any way that you can think of to bring
traffic, which is another way of saying thirsty
crowd, will fall into these four categories and
if you grasp this, this will give you an overall
way of looking at the world, so you can see
opportunities for doing this everywhere. And the
four methods are (1) paper access to a crowd,
(2) you can speculate for access to a crowd, (3)
you can manifest a crowd from thin air, which is
what we did with Search Engine, by the way, and
(4) you can find lost crowds. And if you start
to look at the world in that way, then, wow,
there’s potential for traffic and for
advertising eyeballs basically everywhere you
turn.
Michael: Do you know of some good sources that
one could buy decent traffic or are you talking
in reference to joint ventures or are there
sources? You hear about these lead exchanges,
but I don’t have a very good opinion of them
just from what I hear, but maybe I’m wrong. Do
you know of any reputable sources that Internet
marketers can buy, genuinely that are double
opt-in that have a good potential of building a
list or selling…?
Mark: Frankly my experience with that kind of
thing isn’t too good either. I haven’t been able
to generate an ROI from purchased leads like
that for the most part. A couple of exceptions,
but frankly there’s maybe one or two out there
that I would use, but I would never say who they
were. Why, because then everyone’s going to go
out and use that source and it’s not going to be
valuable anymore. So, I would just tell people,
look, it doesn’t have to be that way. You can
purchase traffic; you can generate traffic and
generate your own leads. In fact, those leads
are probably going to be a lot better. Why,
because you have control over the frame through
which they initially opt-in to your list. What
does that mean? Well, when you go through a co
reg, you’ve got somebody whose gone through a
very detailed marketing process. They’re
thinking about one thing and then all you are is
this extra checkbox on that website and they’re
not going to remember you. They’re going to
remember that experience and that experience is
going to prep them for something that may or may
not be conducive of them buying your products.
So, if you set up a landing page…a lot of people
are trying to squeeze pages now…or an opt-in
page that is specifically targeted towards the
person who would be interested in product and
then you drive the appropriate traffic to that
page. Who is going to be on your list? Well, if
you phrase the copy on that page properly, the
only people who are going to be on your list are
people who are going to be interested in the
other things that you have. Now, that’s a big
mistake a lot of people make. They create these
landing pages and the copy on there is solely
designed to get people to opt-in, but not to get
them to opt-in in the right frame of mind, which
is a total waste of time.
Michael: Give me an example of a wrong way and a
right way. Can you?
Mark: Well, I’ll give you two really, really
extreme examples just to drive the point home.
Let’s just pick a product out of thin air, Mike.
Michael: Trampolines.
Mark: Trampolines, okay. You had some ad copy
that said Pamela Anderson bouncing naked on a
trampoline…opt-in to our list for a picture. And
then you had another one that said get our free
report that shows you the five major health
benefits of using the trampoline for exercise.
Which opt-in is going to be more likely to buy
your product?
Michael: Of course, the second one.
Mark: Obviously, the second. You’re going to get
tons more with the first one, but the conversion
is going to be so low from them that it won’t
even matter. If fact, it’s going to be a waste
of your time because then when you send them
your marketing material, they’re going to
complain about you because you kind of broken
their trust. You promised one thing and you
delivered something else.
Michael: So, we’re talking about qualifying your
leads. Get good qualified leads that fit what
you’re selling.
Mark: In a sense, that’s the way of looking at
it. There are so many levels and ways to qualify
people. On the Internet, if we’re talking about
building that list, you want to qualify them for
being an opt-in member of your list and not just
cram as many names on there as you can.
Michael: Good. Here’s a question on e-books from
Lorna in Canada, “Mark are e-books really dead
or are they just taking a nap?”
Mark: Well, I don’t know if they’re even really
taking a nap. I would love to talk to Lorna and
she where she’s getting that information from.
Have you seen some stats to show that e-books
sales are going down?
Michael: No, I haven’t.
Mark: I haven’t either. It’s funny. People get
perceptions from the strangest things. It’s like
they log into one of these bulletin boards and
some crank who doesn’t know a dang thing and
doesn’t have a lick of sense and says e-books
are dead. E-books sales have been down for the
last two years. Everybody reads that and they go
oh wow that’s true. It’s not. So, you’ve got to
be really careful about where you get your
information from.
Another thing is, no offense to Lorna…she just
got bad information from somewhere…she could be
making this assumption from her own sales. It
could be that her own sales have gone down. We
can’t be making what they call the post hoc
ergo, propter hoc error in logic. That’s just a
fancy way in Latin of saying after this,
therefore, because of this. And it talks about
the difference between causality and
correlation. Just because there’s a correlation
between two events doesn’t mean there’s a causal
link between the two. For example, it could that
in last year your sales for e-books have gone
down. You might assume then that because sales
are going down everywhere, that in this last
year sales have gone down, that is the cause of
it. But there’s really no real reason to believe
that because you don’t have enough evidence. And
this is a problem in science, in general. It’s
very, very difficult to show a causal link
between things.
Another thing is what I like to call the myth of
everyone. And I’ll ask you this, Mike. You’re an
American guy, you’ve been in America most of
your life, is that right? Have you traveled much
outside of the United States?
Michael: A little bit, but not too much. I’ve
been here most of my life.
Mark: Do you know who Robbie Williams is? Not
Robin Williams the actor, but Robbie Williams
the singer.
Michael: Robbie Williams?
Mark: Never heard of him, right?
Michael: I don’t think so.
Mark: That’s okay. What about David Beckham? Do
you know who he is?
Michael: David Beckham, yes I know who he is.
Mark: Do you watch World Cup?
Michael: I don’t, but I know he’s the soccer
player who dates posh.
Mark: Yes, from the stylish clothes. Now, you
had to think a little bit about it. He’s not
exactly on the top of your mind, is he?
Michael: No, not normally.
Mark: If I ask you who Shaq is, do you know who
he is?
Michael: Yes.
Mark: You didn’t even hesitate for that.
Michael: Right.
Mark: Well, here’s the thing. David Beckham is
the most widely known sports figure in the
world. I’m surprised you even knew who he was.
Most people in the United States don’t even have
the first clue who he is. Robbie Williams just
so happens to be the best selling artist world
for music. In the United States, we don’t have
the first clue who he is. Now, I did this little
demonstration at a seminar I was doing with Gary
Halpert in Miami. I said raise your hand if you
know who the guys are and only a couple of
people raised their hand. I said if you’ve got
your hands raised, keep them up and I said stand
up if you’re not from the United States.
Everybody who had their hands raised stood up.
And those guys were looking around totally
stunned because to them not knowing who Robbie
Williams or David Beckham are, that’s like
saying do you know who George Bush is and people
shaking their heads going George who.
Michael: Right.
Mark: So, it’s really interesting. I call this
the myth of everyone because people say well
everyone knows that this is the case, or
everyone is experienced or everyone has seen.
I’ve got to tell you, the world is way, way
bigger than any of us have a first clue of. In
the Internet marketing circle, I would say that
most of the people in Internet marketing world
know my name. But if I were to walk down the
street to some average Joe and say I’m Mark
Joyner, he’s going to look at me and say Mark
who.
Michael: That’s right and he’d say so what.
Mark: So, what, yes. I’m Dave Sassafras. Kiss my
butt. So, he’s operating in a totally different
world and that’s what we all have to realize is
that our worlds are unique and sometimes we
operate under the assumption that everyone knows
our world and we don’t realize that the market
is just way, way bigger than we know. Some
people would say man that market is saturated
and I would have to say that the term marketing
saturation is a total myth. Unless you’re
dealing with the product that has a clearly
definable, quantifiable, finite user base, you
could never say the market is saturated. Really
that’s just an excuse for saying I’ve run out of
marketing ideas.
Michael: Well, I’m sure you’ve heard this all
the time…selling to people who want to learn
Internet marketing…I’ve heard it all the time
that it’s a small niche market.
Mark: It is actually. This particular group,
there’s like a direct marketing oriented group
of Internet marketers. There’s like a web-based
group of Internet marketers that doesn’t even
hang out with those other guys. Why, because
they think that those guys at the direct
marketing seminars…and I don’t want to mention
names…they think that they’re scummy used car
salesmen. They don’t associate themselves with
them. So, you’ve got more of like the buttoned
down corporate guys and then you’ve got sort of
like the geeky web marketing guys who are more
focused on web design and technology and that
kind of stuff. And rarely do those group meet.
But I would venture to say maybe there are
groups of people out there who want learn about
Internet marketing that I haven’t even thought
of that are bigger than that. So, we have to
define which one we’re talking about, but that
direct marketing focused Internet marketing
group is relatively small and I would have to
say that the number of people who want to learn
about marketing is a way bigger number than that
small group of people.
Michael: Can you think of a couple of stories of
some mega-successes with e-books, of people who
have created e-books and just sold tons of them?
Just wild success story, any one or two that
stick out in your mind?
Mark: Well, one from just last night. My friend,
Joe Vitale, who is actually a dear friend of
mine…back then we barely new each other and
again I had to twist Joe’s arm to do e-books at
all. By the way, he was making a very
intelligent choice because he was sticking with
what he knew worked. He didn’t want to waste his
time with something new just because it’s some
new fangled thing. That’s something that makes a
lot people fail or when they try every new deal.
So, it was a very intelligent move on his part
not to mess with e-books until he could see
something demonstrated. But the reason I bring
this up, it’s interesting, because just today I
get an email from Joe talking about this new
e-book that he create. It took him a day to
create it. Sold it for $19 a pop and then made
$3,000…it isn’t a huge amount of money…but they
put about maybe two, three hours of work into
this whole thing. Made about $3,000 in the first
few hours of sending out an email about it. Now,
that’s not a huge success in terms of money, but
it demonstrates the massive potential of e-book
marketing and how easy it is once you really get
the ropes down and once you have a market
defined to make money with it.
Michael: I interviewed Joe a couple of years ago
and I remember in the interview him telling the
same story about you because you reminded me of
it. I wouldn’t have been able to remember it if
you didn’t bring it up. But I think he talks
about this same story in the interview on my
site.
Back then, how did you structure that deal? Why
even approach him if you had the ability to
create your own information products? What was
the strategy behind that?
Mark: Well, that’s a really good question and I
don’t think anyone has asked me that yet and
I’ll tell you some things that are a little more
subtle than I think most guys would get. I like
to structure my deals very generously. I wanted
to structure it in such a way that he was making
a greater percentage than he would from a print
book. That was one of the main hooks that I went
to these guys with. I said look, you don’t have
to do any work. You don’t have to believe it.
Just know that for every unit that we sell…and
we’re not sending this out to distributors,
we’re the point of sale and the publisher and
the manufacturer, we’re everything.
One-stop-shopping. We will give you a percentage
of every unit sold that is much greater than
you’re getting from your print publisher.
Michael: Did these have to be books that he was
self-publishing because I know he was under
contract with a publisher or could he take the
books that he had contracted with his publisher
and digitize those and do something with you?
Mark: Well, it’s funny that you ask that because
back then the concept of electronic rights
didn’t even exist. I work with John Wiley & Sons
now for my books. They’re one of the big three
New York publishing houses and just a wonderful
company and I love those guys. But now the
contracts that they have got a little section in
there, of course, I can’t talk about the
specifics, but they say electronic rights, who’s
got the electronic rights and how does that
work? Back then because it was a gray area, I
knew that I wanted to pick something that
wouldn’t be an issue. You have like a couple of
copies of this old hypnotic writing manuscript
lying around and I paid him money for one and I
said look this is out of print, you were
self-publishing it, let me convert this into
something electronic because I knew there
wouldn’t be an issue. And then we moved on to
other things. They were a little more
complicated. I didn’t want to ask him to do this
for the book done by a print publisher at the
time because, again, if these things hadn’t been
defined, then I didn’t want to put anybody in
real hot water.
So, basically what I did is I was just looking
for opportunities. I was saying here’s a proven
asset. This is something that I think is really
good product myself. I really, really like this
myself. I wanted to leverage this. One of the
real benefits of doing this…the way you asked
it…a deeper answer…you said why do this when you
can do your own stuff. And one of the real
benefits, besides the fact that it’s leveraging
time…I didn’t have to do much to actually get it
out there considering the fact that the work had
already been written -- that was one important
thing…but there was actually a subtler and more
important benefit and that was that I was able
to raise the level of my own brand by
associating myself with guys who were revered in
different circles. Further, I was able to cross
over between two totally different worlds and
tap several different markets at once. Relative
to the online marketing people having no clue
who Joe Vitale was or, for example, Ted Nicholas
or Joe Sugerman, some of the guys that I was
working with later. But when they found out who
these guys were and thought wow these are guys
doing the direct marketing world were so
successful, who have done things like produce
infomercials. For those of us on the Internet
and talking about infomercial, wow, you guys
really have a lot of money to produce an
infomercial. And it was very, very impressive.
So, I found guys like that to raise my
perception with the Internet marketing world.
And then also because there were people who were
familiar with the Joe Sugermans, the Ted
Nicholas’s and the Gary Halpert’s and all those
guys, they would be searching for that and I
could bring them into my world. So, I was
bringing customer bases that have existed before
into my customer base now. And I was also
simultaneously raising the level of my brand.
And as you see, there are a number of huge
benefits that came as a result of that.
Michael: Who were some of the other people you
were working with? You had Joe Vitale. Did you
approach Ted Nicholas? Did you digitize some of
his hardcopy stuff?
Mark: I did approach Ted Nicholas, as well. Ted
had a book that I just absolutely loved called,
Magic Words That Bring You Riches. You probably
know it.
Michael: Yes.
Mark: It’s really an interesting book. It wasn’t
complicated, buy every little chapter was a pure
gold nugget of wisdom and it was marketed so
brilliantly well. And I knew that he had a great
sales letter that he used to promote that book,
so I specifically approached Ted about that
particular book. I said, Ted, it’s such a great
book and I know you wrote that letter for it,
here’s the deal and I gave him the normal spiel,
which was you’re going to get a cut that’s
greater than what you would have made even if
you had published it yourself because you can
charge more for an electronic book and the
margins are so much better. It was all totally
hands-off for him. He, of course, accepted it
instantly. Ted Nicholas is just an amazing guy.
He’s a wonderful human being. Almost all these
direct marketing guys I worked with are just
absolutely wonderful.
Now, Ted also came out with a product that we
digitized for him, as well. It was, How I Sold
$400 Million Worth of Products and Services. He
admitted to me privately that it would actually
probably be more like a billion dollars, but
that would seen like such a huge number that we
didn’t want to use it. And what it was, it was a
compilation of all of his ads and he would rank
them all with stars. He gave them between one
and five stars based on their response. If it
was a five star ad, it was one that had an
absolutely stellar response rate. I thought what
an amazing resource. And we took that…here he is
one of the best copywriters in the history of
the world…and he has basically broken out almost
every one of his ads and ranked it by how well
it performed. I don’t think you can think of a
better tool to learn direct marketing from.
That’s just an absolute gold mine. We took that
and we digitized that, as well, and that was a
great success.
Michael: So, when you approach them, do you ask
for an exclusive on the digital rights to these
products that you’re going to promote?
You’re listening to an exclusive interview found
on Michael Senoff’s
www.hardtofindseminars.com .
Mark: I did try that actually in most cases and
usually guys would do it. Now that the landscape
has changed quite a bit, I don’t know how many
people would give exclusives. But back then
because it was a pioneering effort that we were
involved in, I said look give us the exclusive
because one really important thing to them is
that we were creating their presence on the
Internet. Most of these guys weren’t known on
the Internet at all and we were creating that
presence for them out of thin air. I mean you
can talk to a lot of these old guys and they’ll
come back and say it was the experience we had
with Aesop that put us on the map, on the
Internet. And that was we’d ask for exclusives
on those products because we thought, look,
we’re putting a tremendous amount of effort in
branding you and building up a base for you. We
think that’s a good way of getting paid back.
And most of the guys would see that and then
they would accept it.
Michael: Did you try and negotiate any backend
or it was just you made the money from promoting
the book and that was it? Any backend stuff was
theirs to keep or did you divvy up the names?
Mark: We get the names and they wouldn’t.
Backend they would get is if someone was reading
the book and then going to visit them from the
back of the book. That was all theirs. We let
them keep that because we thought it was fair
that if we’re the point of sale, we’ll keep the
name. For example, if you sell your print book
in a shop, the author doesn’t get the name of
everybody who purchased that book. It’s just not
fair to do that because these are the guys who
busted their tails to make the sale. But inside
the book, the author gets to usually promote a
little bit of his own stuff. If he’s smart,
that’s all his. So, that’s kind of the way we
broke that same deal out and the majority of the
backend for us is we were doing some really
innovative stuff that a lot of people are now
catching onto; a thank you page of an e-book for
a service that we were offering; give them a
free month. A lot of people are using that now
calling them one-time offers. It was amazingly
effective.
When I first figured out that we could do that…I
was actually reading something Joe Sugerman
wrote or it was a conversation with Joe, I can’t
remember what it was…and I just remembered Joe
talking about how he was using up sells and
cross sells with their call center and it just
clicked with me. I thought, wow, God why are we
doing this online and immediately we set up this
test and we got this thank you page up to a
point where just about 50% of the people who
were buying electronic books from us were taking
a free month of this service that we were
offering.
And then the real thing clicked in my head. It
was probably one of the major catalysts for
really taking our company to the next level. And
it was the beginning of a new marketing phrase
that I created called integration marketing. And
it’s all about integrating your offer into the
existing sales process of someone else and we
can even talk about how Microsoft was really
ultimately leveraged by using integration
marketing. But anyway, the point is when I
realized that we could do that on the backend of
our own sales, I said, wow, what if we go talk
to the people who are also now selling
electronic books on the Internet or selling
Internet marketing related products and we do
the same thing on their thank you page. I’ll
just give them a little demonstration on used
real estate. I’ve got this tested process here.
Here’s how I can pull out between $10,000 and
$100,000 of new profit for you annually just by
slapping this code on your thank you page. And
when I had this thought, I literally could not
sleep that entire night. I was so excited about
it and I went in the next day and just started
bulldozing and getting this to work.
There was a tremendous amount of resistance we
had to overcome to get it to work, but when we
did, I got to tell you, that was one of the most
significant events that happened in our company
because from that point forward, we literally
tapped into warm markets all over the place
without having to pay for the normal front end
acquisition cost of getting these people. And by
the way, our acquisition costs for the most part
weren’t dollars because almost everything we did
was zero dollar advertising. Our acquisitions
costs were technological. It was time and energy
that we were investing. But with this tactic, we
didn’t have to invest that same kind of time and
energy. We had a wonderful new stream of
customers coming in all the time that weren’t as
difficult to close. It was just huge for us.
Michael: Just so I’m clear, I want to digress a
little bit. So, back then, you’re strategy was
bringing offline to online. You’d approach
marketers like Joe Vitale, Ted Nicholas. They
had intellectual property, which was proven in
the offline world, and that was a great leverage
for you. You had names probably from your search
engine. You had names to get an offer out to, so
it was a perfect match. And you would promote
these proven offline systems to your names and
profit from that, right.
Mark: That was one of our newer strategies. We
were a rather complicated company to have a lot
going on. But, yes, that was one of our core
strategies for sure.
Michael: When you realized that you could
generate more revenue just through this up sell
or cross sell strategy on the thank you page,
were you approaching other companies who were
selling digital products and what were you
selling them; the code or the system that would
allow them to do what you had done?
Mark: Yes, it’s a great question. We were
approaching other companies, but instead of
selling them the code, what we would do is we
would tell them, look, you can be an affiliate
for what we’re selling on the backend here and
every sale that we generate, you’re going to be
generating revenue. Now, it was a monthly
subscription service and these guys would get
monthly revenue as a result of the new people
that they were bringing into that. And at the
time, people weren’t really big on signed
subscriptions to services like that. It just
hadn’t been done. So, the allure of it was
absolutely massive. It was oh, wow. Hey, all
I’ve got to do is get 1,000 of these guys and I
could basically retire. That was the way people
were thinking about it. Of course, it doesn’t
quite work like that. It is erroneous to make
those kinds of assumptions. But that was sort of
the allure.
Michael: Can you give me like a specific example
of how that worked? Give me an example…maybe
someone you approach and what the deal was,
basically so I can understand it.
Mark: Let’s say the service was $17 a month,
which that particular service was.
Michael: Is this a service you’re selling?
Mark: The service we were selling.
Michael: What’s the service you’re selling?
Mark: That service back then was a company
called ROIbot, which was the first ad tracking
company on the Internet. Back then, there
weren’t any companies offering services to track
your advertising. We were the first to do it.
And when we came out with it, it was great
because people thought finally I can start to
actually see how effective my ads are, which was
great. When we came up with that strategy, we
had affiliates who were promoting this for us
already, but we would say you get the same
affiliate deal. Every month you’ll get $4 for
every subscriber you bring in. And now, what we
do is we put this up sell where the purchaser of
the product gets the first month of ROIbot for
free and then if they continue on, we bill their
credit card. So, it was really wonderful because
guys would look at that and they’d say I’m not
doing anything with my thank you page here. I
should be marketing something, but I’m not. And
we would just do a little bit of math together
and said let’s assume conservatively that only
20% of the guys actually take you up on the
offer and then continue on with the service. How
many sales are you getting a day? And, of
course, they’re going to trump up the number of
sales that they tell you, but you use that as
your math, calculate it out and say okay, well
by your math, let’s cut that in half. Let’s just
use some fudge factor and cut that in half. By
your math and cutting it totally in half, it’s
looking like you’re going to get many more
dollars a month revenue. And I would say, by the
end of the year that will be this much. And
then, of course, we’d talk about how that would
grow as they brought more and more people in.
Michael: Let’s move on to another question from
Eduardo Duran, “Mark, what type of information
at this moment of time do people find valuable
in today’s society?” In a note, I had multiple
people ask me this same question in one form or
another.
Mark: That’s a great, great question. I would
say that that’s something that’s fluid and
changing at all times. If I give you an answer
for that right now, like what’s happening in
this moment, it’s not going to be meaningful
even a few months from now. Look for trends. Go
out there and go to Word Tracker and buy their
report of the most searched for keywords. Look
at Google site that tracks most searched words.
There are a lot of ways out there to keep track
of what people are looking for, what people are
interested in. Look in the news. Find out what
are people talking about in the news right now.
For example, as this interview is being
recorded, one of the big concerns is bird flu.
Hey, people are concerned about that. What if
you wrote a report about the reality of that? Is
there anything that your family has to worry
about? How could you protect yourself? As long
as it’s done properly and it’s not some kind of
slimy profiteering over fear, which I think is
something that is really
despicable…unfortunately you’ve got marketers
that do that kind of thing…but as long as it’s
not something like that, as long as it’s real,
valuable content, and as long as it is
respectful and accurate and good, well then
really the world’s your oyster. There are so
many opportunities out there.
Michael: Here’s a question from Ian Gills from
the United Kingdom, “Mark, how do you deal with
e-book piracy and are there any ways to turn it
to your advantage?”
Mark: That’s a great, great question. I love the
second part of it. Well, first of all, I’d just
say stop worrying about e-book piracy. It’s not
going to negatively affect your sales as much as
you think mainly because most people are too
afraid to ask someone for a copy of something.
They don’t want to look like a scumbag,
especially if you’re selling in the
business-to-business world. Piracy isn’t nearly
as big of a problem as you’d imagine. Most
people are going to see that for it and they’re
going to buy it. They’re not going to go to
their friend and say can you give me this. Why,
because they’re going to look like a thief.
Now, if you’re selling something like video
games, then yes I might be a little more
concerned about it. But electronic books are
sold to more serious markets. Don’t take it too
seriously. If you are concerned about it, there
are programs out there that will allow you to
lock down a PDF file. But do try to find a
medium that’s going to allow you to operate
across platform. Ninety percent of your market
out there is going to be Windows based, but
don’t stab yourself in the foot and prevent that
other market from getting your stuff that’s
using Linux and Mac when you can just as easily
offer a lockable, protected version of your
product that will function on multiple
platforms.
Now, a way to take advantage of it is make sure
that your electronic book is also a business
card for your up sell for whatever it is your
offering on that backend. And you can do that in
several ways. First and foremost by being
absolutely excellent. And if there’s one piece
of business and marketing advice I can give you,
it is that. The book I wrote, The Irresistible
Offer, very recently…which is doing really,
really well is making a lot of inroads even in
the traditional brick and mortar and Madison
Avenue marketing worlds now…talks about how to
create your message and how to stand out from
the crowd. But it pays tribute to the fact that
that message has got to be honest and it’s got
to be about something that is great. So, at the
core of it, you have to have what I call high
ROI offer, and I’m using ROI in a different
sense here. I’m not talking about the return on
your advertising investment. I’m talking about
the return on the investment of the customer in
you because he needs to get a return on that
investment, as well. And if you don’t start out
at the core of it by giving him a high return on
that investment, you’re never going to get that
second glass offering, which is something we
talk about in great detail in the follow up to
that book called, The Great Formula. But the
point is, the ultimate way to be buzz worthy is
also gets the second glass sale, is to be
absolutely excellent at what you do and that is
the single most important thing I can tell you
about your business. Again, a lot of people will
say, yes, but it’s so easy to use smoke and
mirrors. The product doesn’t really matter so
much. And I would tell you, they’re right to a
certain extent, but they’re very, very short
sighted because the long-term, great business
successes have all started out by focusing on
great products, on being excellent. Hands down,
period, end of story. I don’t think anybody out
there who really has got serious experience in
building big massive business would argue with
that fact. It’s absolutely essential. That’s the
first thing.
The second thing is tie in your up sell to the
end of the book or in various places throughout
the book. Don’t make it a big long advertisement
because that’s going away from being excellent
again. But in the appropriate places, give them
a logical reason to take a sip from that second
glass from you.
Michael: Here’s a question from Michael Morales,
“When offering the irresistible offer to a
thirsty crowd, how soon do I offer them the
second glass? Is it concurrently with the first
glass and can it be both an up sell and a cross
sell. I wouldn’t want to overwhelm them with too
many choices or have them think it’s merely a
sales job.”
Mark: That’s a brilliant question and it’s
exactly the right type of question we need to be
asking. And I would say that’s going to vary
tremendously depending on the dynamics of the
sale in each case. And what I would say is,
never turn away an immediate opportunity for an
up sell or a cross sell. Now, in terms of him
asking could it be both, I would say yes, but
rarely at the same time because what I don’t
want to do is I don’t want to confuse people.
I’m a really big fan of giving people linear
processes to follow through. What I would say is
always make it really, really clear what it is
you want from people and also follow the TIO
methodology at each step of the way because
remember even when you’re giving them an up sell
and a cross sell, that is an offer that you have
to make to them and it still will follow by the
same rules. The most important time to do it is
immediately because you’ve got such great
opportunity there.
I’m always stunned when I walk in a retail store
and I buy something from them and the person
working the counter there isn’t working some
kind of an intelligent up sell or cross sell.
It’s just absolutely stunning because there’s so
much money that these guys are leaving on the
table. A lot of these companies shutdown and
they say we just weren’t able to make it. If
they had just given their employees a five word
phrase…can we also interest you in one of these
today…they probably would have survived. That’s
how big of a difference it can be for your
business. And online, offline, everywhere there
should be that immediate opportunity. There also
should be that follow up, as well. But it needs
to be meaningful. Another thing about that
company that sent me out that direct marketing
piece, they’re sending me out something like
every couple of days and it’s to the point where
it’s just almost laughable. It’s annoying. In
fact, I’ve grown such distaste for these guys
that I probably will refrain from responding to
other offers from them in the future because I
just feel like they’ve been such an annoyance.
A lot of people will say well it doesn’t matter.
It’s a numbers game. Pummel people with as much
stuff as you have. In an ethical sense, do you
really want to do that first of all? Second of
all, are you really going to build a long-term
relationship with these guys? You might be able
to “stick” them again and again, maybe one or
two more times, but are they going to be saying
good things about you, first of all. Second of
all, are you really going to have a lifetime
relationship with that customer? And I would say
no. And the real benefit is going to come from
you like I mean really when your business starts
to take off is when you’ve really dialed in the
word of mouth mechanism. And what that means is
you’ve got to be treating that customer
extremely well by giving him a great product and
respecting them every step of the way. When you
get all that right, they’ll be singing your
praise and there’s nothing more powerful than
good word of mouth.
Michael: We already discussed this a little bit,
but you may want to add to it because it comes
in various forms. This is from Andrew Cavanaugh,
he’s a health copywriter out of Australia, “Mark
what do you think are the really hot markets in
the next decade for making money for small
business people? Is it online, offline, or a
combination? If you could go into any field you
wanted, what would you recommend?”
Mark: Well, first of all there is no offline or
online market per se for the most part unless
you’re talking about something that inherently
must live online. What you’ve got to understand
is that from a marketing perspective, the
Internet is just a marketing medium in the same
way that television is or radio is or newspaper
is or direct mail is. I just want to make sure
that he’s clear on that. Again, look at it as a
medium, but with the exception, of course, that
there are certain things that absolutely must
live online.
Where are the markets? Well, that’s going to
change very, very rapidly. We are in world right
now where technology is changing at such an
incredibly rapid rate that it probably would be
difficult to predict what’s going to happen even
next year. Why, because we’re coming across
paradigm shifting break-throughs in technology
basically every day at this point. And it’s just
simply becoming a logistical matter of how can
we roll this stuff out to the public. So, what’s
going to be popular, well what’s always going to
be popular is solving a problem for people. If
somebody has a particular problem, there’s
always going to be a market for that. I really
want to give him a good answer. I don’t know if
I’m answering exactly what he wants.
When he said for small business people, the
information product world is just never ever
going to die. I don’t ever see there being an
end to that unless there’s some fundamental
change in the structure of society that makes it
such that information cannot be charged for. But
I don’t see that happening for a thousand years,
to be honest with you. Go to Google and check
what the most searched for terms are, look in
the news, find out what people read about, what
are people concerned about, what are people
searching for. And as that changes, stay on top
of that. But you remember, what you want to do
is you want to mix…if you’re being one of these
information marketers that markets a whole
number of different things, you want to combine
your timely and timeless offers. And by that I
mean something timely is something that’s trendy
right now in the moment. You can catch the wave
of something and benefit from that while the
wave is still rolling. The timeless thing is
something that is going to be important for
years and years and years to come. If you
balance your portfolio with those two different
types of things, you’re really going to hedge
your bets pretty well. It’s almost like
balancing your portfolio with high and low risk
stocks. The lower risk stocks are going to be
your timeless topics because they’re always
going to slow and steady via a drum of sales
coming in for you. But your timely ones, some
times they’ll hit, sometimes they’ll miss, but
when they hit they can be a massive hit because
there’s such a tremendous trend going on in that
moment.
Again, I don’t want to say any particular topics
because I’m imaging people are going to listen
to this a few years from now, too, and I want to
make this meaningful for them no matter when
they listen to it.
Michael: Why don’t we talk about what are you
doing now and what do you see what’s going to be
happening for you? What kind of plans do you
have for the next five years with your business?
Mark: I don’t plan on teaching people about
marketing and business so much anymore. I’m kind
of moving away from that.
The current project that I’m working on right
now that I’m really super excited about is
something called Simpleology; simple as in not
complex. It’s a system that will help people get
the things that they want in the fastest way
possible and to live their lives in a way that
their achieving everything that they want, but
they’re not living in a high-stress existence.
And the course that we put online called
Simpleology 101, the simple science of getting
what you want, has been growing extremely well,
mostly through word of mouth. At the time of
this recording, we’ve got about 75,000 people
who have used that course so far and it’s been
less than a year since it’s been out there. We
haven’t even really done a lot of aggressive
marketing.
There’s a lot that we’re going to be doing with
that in the future. That excites me more than
anything else for a number of reasons. One, it’s
something that I really, really love. It’s
dealing with what human beings can do. What is
the potential of human beings? Why are we living
in this gulf between our dreams and reality and
how can we bridge that gap? And it’s solving
what I discovered through being a marketing
consultant for people was really the bigger
problem for them than the marketing questions.
What I came to discover was that most people, if
they thought about it a little bit, really had
great marketing ideas. I mean you’ve got
resources like your site, Mike. Your two
websites are one of the absolute best marketing
resources I’ve ever come across. In fact, if I
were to list right now literally maybe the top
10 best marketing resources, I think your two
websites together there would hold one of the
spots without question. Resources like that are
totally available. They’re all over the place
and even in their own minds, they’ve got great
ideas and the problem that most of these people
that I have worked with was not that they didn’t
have the ideas, but it was they were not
implementing the ideas. It was that they weren’t
functioning properly as human beings. They
weren’t using all of their time, energy, and
money in the best possible way to bring about
the best result. What are you spending most of
your time doing? Are you spending your time
surfing throughout the day and calling it
research? Are you working on different projects
here and there and not really getting anything
done? Are you starting joint ventures with
people that are a lot of talk and no results?
And I would say that most entrepreneurs that I
talk to spend about 80% of their time doing
those things that I’m talking about right there,
those things alone.
And what you have to do is you have to start
functioning with the world in a different way.
You’ve got to be clear about what it is you want
and start understanding that you’ve got to take
responsibility for your time and take the
actions that bring you closer and closer to
those things that you want rather than the
actions that take you further away from the
things that you want. And once you start to look
at the world in that way, you start to all of a
sudden get a great awareness of what’s going on.
Oh, damn, I didn’t realize that this is what I
was doing with my life when I could have been
doing this. And if I had only done this for just
five days, instead I’ve been banging my head
against the wall about for the last year would
have been done.
And literally that’s their exaggeration and I’ve
got people who go through Simpleology now. I’ve
got a number of processes that I take them
through and it’s all taught with speed learning
psychology, and there’s just lots of fun stuff.
We make it exciting with videos and experiments
that they get involved. People who go through
those processes now are finding themselves
getting literally about three times as much done
in a normal day. Now they’re able to say I can
get my normal eight hours of work done or even a
lot more than that in about three hours. We help
them get setup in such a way that they’re so
effective that they can bang all of that stuff
out super quickly and then have so much more
time left over where they can either just bum
around for the rest of the day if you want. If
you’re a musician, go play your guitar for the
rest of the day. Go hang out with your kids. Go
meet sexy people. Whatever you want. Or spend
that time getting that much further ahead in
your business. That’s the project that I’m
really, really excited about now.
I feel that I’m at a point where that’s where I
can help people better because there are so many
people out there teaching marketing right now
and doing such a great job of it. And I feel
like The Irresistible Offer and The Great
Formula kind of sum up the most important things
that I can say about marketing. It’s time for me
to move on to that other area, which I feel is a
little more universal and just a litter closer
to my heart.
Michael: Can you tell me a little bit more about
this speed learning psychology that was
implemented in the Simpleology course and how
that will benefit the customer?
Mark: There are just a number of things. It
would take a long time to describe every little
thing that’s gone in there because a lot of
thought went in and things are presented in a
very specific way that exploit a lot of things
that people don’t know about learning and all
that. But one particular example, I’ll give you,
which is extremely powerful is that people tend
to learn something better if they do two things;
(1) if all their senses are engaged, and (2) if
they are actively involved in the process. So,
we present the information to people through
video, through audio, through reading, through
quizzes and we get them involved. And also we
incorporate all of this in a daily exercise that
everyone uses called the daily target practice,
which actually implements the ideas that we
talked about into their daily lives. So, it’s
great for people learning stuff like what you’re
teaching people, Mike, because now they can take
what they’re learning there and they can plug it
into the Simpleogology System and actually
integrate these ideas into their actual
day-to-day life and really start to use them and
not just think about them. So, that’s one of the
core speed learning psychological components.
There’s a lot more to it, but that’s probably
the most fundamental thing I could tell you.
Michael: Give me an idea of what your lifestyle
is like right now? What’s day like for Mark
Joyner? I’m sure they vary, but what’s a workday
for you like? You get up in the morning, are you
working from home, are you going into an office?
What does it look like?
Mark: Great question. I don’t work from home
anymore because I’ve got to tell you I’m really
tired of that. And I think psychologically it’s
probably not too healthy to be working out of
your home because you feel like your work is
never leaving you. So, what I did was I setup an
office that is very close, so every morning I go
and I work out. I eat some really healthy food
after my workout and walk to my work. I walk to
the office here. I’ve got a really nice little
boutique office space in this great building,
this classic building in downtown Auckland. The
people who setup the place for me put in some
really nice artwork and some cool art-deco
furniture and stuff. It’s really kind of fun to
be in this space. I just bought some
bookshelves. My stuff is actually arriving from
the United States. It should have arrived like
five months ago. It’s kind of funny now that
we’re going to be leaving in about a year. I
probably should have left my stuff in storage,
but I took my whole library out. I’m right now
looking at these empty bookshelves where all
that’s going to live. I’ve got pretty much like
a big massive wall of what will be my full
library here shortly.
I get up in the morning and I do first thing
every morning what I call my daily target
practice and that’s one of the exercises that we
give people in Simpleology. And that helps me
get laser focused about what it is that I’m
going to accomplish that day. I turn off all my
email. I turn off my phone and I just get
totally involved in what I’ve got to do. And I
bang through all those things. And then I decide
what I’m going to do with the rest of the day.
Usually the rest of the day will start with me
going to email at that point, not before that
and then I’ll figure out what needs to be dealt
with in the email…sort through all that in a
very easy, effortless way. I’ve got some great
systems that I’ve set up for that that are all
taught with Simpleology. And I might go through
the same process again if I feel like I want to
accomplish a lot more. I’ll do the daily target
practice again and hit more targets. It’s just
sort of a really nice effortless way of getting
tons and tons of stuff, but I am extremely
productive right now and we’re really getting
into the work that I’m doing because I
absolutely love it. And sometimes I work 8 hours
a day and sometimes I work 16 hours a day. I
basically just decide to do as much as I want to
and that’s how it goes.
Michael: This has been an honor. I really
appreciate it.
Mark: Awesome. Thanks for that. Likewise.
Michael: Here’s another question from him and
many other people asked a similar question, “How
do you determine the value of you e-book?” How
did you do it with your e-books and what kind of
pricing did you find was affective? What kind of
pricing was ineffective?
Mark: I’ve got to tell you, it’s almost a
crapshoot. People will tell you that their way
is like…I remember seeing some software out
there that would ask people what would you pay
and then it would kind of like calculate out
what the best possible price would be. I think
that that’s probably not so valid because what
people will say they’ll pay and what they
actually will pay are two different things.
So, really the only way to find the right price
is to test a bunch of different prices. Get
statistically valid information on that and make
your determination from there because really the
only way to know what the marketplace will pay
is to actually ask them. And the only proper way
to ask them is to offer something to them.
Either they respond to the offer or they won’t.
And the information that you gather, again, it’s
got to be statistically valid. A lot of people
will say just do a test for a day or two and see
which one does best, which is really, really
just bad advice because we don’t know how many
sales you generate in a particular day. There’s
no concept of statistically significance there.
By the way, another real bad way that I hear a
lot of people you is on Monday put up version A
of your ad, on Tuesday put up version B, and
then find out which on did better. That’s really
terrible marketing testing because you don’t
know what other factors could have occurred on
Monday and Tuesday that could have affected the
sale. Good testing has got to be done in real
time and it’s got to be statistically
significant
So, with all that said you’ve really got to test
things out. Some general things are the laws of
7s to 9s…numbers with 7s and 9s do tend to pull
better. My experience shows that for sure. I did
an interesting test where we compared the price
of 99 to 97 to 95, and 95 pulled a little bit
better than 99, but 97 pulled five times better
than 95 and that was a statistically significant
test. When I first heard of that, I thought the
same thing I think when I hear most tried and
true marketing nuggets is, well nonsense. Let me
see for myself. That’s one I certainly was able
to reproduce in my own testing. These days I
don’t do nearly as much price testing in that
regard because I know that those things tend to
be right. If I do price testing, I’ll do really
bold price testing…compare $17 to $97, to $197
or $297. Just got to find out how much profit
per visitor you’re getting.
Michael: When you were selling your e-books,
just a general e-book, maybe not a course, what
prices were you selling them at…$47, $97?
Mark: Mostly $27 and in retrospect, we should
have priced them higher probably. But we did
that because mostly we were using them as loss
leaders. We were bringing in a lot of front-end
traffic so we could get people into our other
service-based companies.
Michael: What kind of guarantee did you offer?
Did you have a consistent guarantee on your
e-book offers and what kind of returns were you
getting?
Mark: I would just tell people, as a general
rule, use as bold and long of a guarantee as you
possibly can and don’t be afraid of that. It’s
really interesting. I’m always stunned to find
that people are afraid to give really long
guarantees because here’s the way the devil’s
math works. The simple fact is most people, even
if they’re grossly unsatisfied with a product
will not ask for a refund. Period. Bottom line.
That’s it.
Michael: Why do you think that is?
Mark: Well, I think it’s because people are lazy
and they’re distracted. And I’m not taking
advantage of that by putting out crap.
Definitely don’t do that. That’s the stupidest
thing in the world to do. But in terms of
logically thinking about your refunds, that’s
something to keep in mind. It’s there to keep
you from not having any fear.
The second thing is in most cases you’re
required by law to have at least a 30 day refund
policy. I think there are only rare exceptions
to this, but if somebody asks you for a refund
and you don’t give it, you’re going to end up
getting charge backs and charge backs are the
bane of the Internet marketer these days because
the credit card industry has had a total
backlash in the last few years against online
marketers by making their charge backs
acceptable thresholds down to something like 1%
or lower. So, if you refuse a refund for
someone, in a lot of cases, you’re going to get
a charge back and that charge back could
potentially cut you out of a merchant account.
For more interviews like this, please go to
www.hardtofindseminars.com.
I would just say look be aggressive with it.
Offer a year. Offer five years. Offer ten years.
We had a ten year refund policy on one of our
books that we offered and we never had anybody
ask for a refund for it past a couple of months.
Michael: Another question from Lorna in Canada,
“What’s one or two of the most important things
that make a good e-book?”
Mark: I don’t know if there’s any particular
anatomy like this is the way it should be
structured. I would just say make it full of
relevant information that’s going to be useful.
Generally when people buy e-books, they’re not
buying fiction as much as they are buying
information that’s going to be helpful, how to
information, information that solves problems.
Whatever that offer that you gave that person
that purchased that book, make sure that you
deliver that in spades and do it as quickly as
you can. A lot of people say well I don’t have
too much to say, so I want to pluck my e-book
with a lot of junk. I’ll tell you I would pay
for a one-page e-book. I’d pay $1,000 for a
one-page e-book if it solved a problem for me
that was going to repay me $5,000.
So, whatever that combination of information and
proper presentation is, go for that and be as
short as you can be, I would say. I know a lot
of people say go for the sub-factor. You can get
your sub-factor by including extra things. I
don’t ever pad the information in the actually
book itself. My personal opinion on this is. I
purchased a book where I had to really, really
dig for the information. And even though on the
surface it may have looked like a lot of
information, it didn’t give me what I wanted. I
had to dig for it and I gave up digging for it.
So, what happened was, I didn’t ask for a
refund, but what I never did was go back to that
person and purchase another product from them.
And as we all know, and you probably heard this
from a million people from all the people you’ve
interviewed Mike, it’s ten times easier to sell
a product to an existing customer than it is to
acquire a new one. This is another one of these
marketing truths and it’s very, very true. And
if you don’t pay heed to it, it’s going to
prevent you from collecting a lot of money that
would otherwise have been put on the table. So,
deliver whatever it is amazing well, amazingly
effectively, get your sub-factor from delivering
more unexpected stuff, but make sure that all of
that stuff is right to the point, extremely
relevant, and extremely useful.
Michael: All right, great, Mark. I’ll let you
go. You have a great rest of the evening and
Happy 4th of July over there in New Zealand.
We’ll talk to you soon. Thank you very much.
Mark: Thanks Mike.
Michael: Bye, bye.
That’s the end of my interview with Mark Joyner.
I hope this has been helpful. We certainly had a
lot more questions that we were unable to get to
and I’m going to arrange with Mark to do a part
two to finish all the questions from my
listeners. So, stay tuned. Get on my list and
make sure you look out for the email for Part
Two. For more information on Simpleology
go
here .
It’s Michael Senoff with Michael Senoff’s
www.hardtofindseminars.com and another
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