It isn’t any mystery how
popular bloggers make money.
They send 27 different
emails to their list of 100,000 subscribers with any old offer they’ve cooked
up, and boom! Some of them buy.
Or they pop AdSense ads
all over their blog, and make thousands a month in affiliate commissions.
Unfortunately, it’s not
so easy for those of us with a smaller blog audience. We have to go about
selling a different way.
But small bloggers can
earn very well. You don’t need to go massively viral and acquire a giant email
list — if you build a close relationship with your audience, and sell products
or services that are exactly what they need.
I know, because I
started earning six figures from my blog back when it had less than two
thousand subscribers.
How can small blogs earn
big? Let me unpack a few tips the big gurus don’t tend to mention, that help
low-traffic blogs rack up serious money with their own offers:
1. Don’t jump the gun
I recently reviewed
about 100 of my readers’ blogs. Know what I saw, over and over? Tiny, startup
blogs with no audience, no comments, no social shares — but covered in
advertising.
When I asked if those
ads were bringing in any real money, I didn’t get a single ‘yes.’
That’s because selling
the moment you launch a blog is a bad plan.
Selling is not step one
in building a blog that earns. It’s down the road.
First, you need to
envision a focused niche for your blog, where you see other blogs earning well.
Once you’ve launched your blog concept, just focus on attracting readers — and
getting them to subscribe.
Work at that until you
have at least 100-200 of them. If you’ve got 300-500, that’s even better.
Now, you’re in a
position to begin thinking about what you could sell, and figuring out what to
charge for it.
Here’s how you answer
those questions:
2. Don’t guess — ask
Now that you’ve
attracted some readers who’re interested in your topic, you can take the first
essential step toward earning without a huge list: Bond with your readers. Give
them free goodies. Send them exclusive emails with useful or inspirational
ideas that don’t appear on the blog.
Once your readers are
raving that you are their go-to source for info on your topic, you can develop
something to sell them.
How? Start asking
questions. One of the advantages of being a small blogger is that you can get
closer to your readers than the big guys.
If you have an idea for
a product or service you think would be useful to your people, don’t assume
your idea would be a hit with your audience. Don’t create your offer in a
vacuum!
Instead, ask readers.
Take a poll. Create a question-based blog post. Start a discussion. If they’re
local, take a dozen of them out to breakfast to chat (yes, I’ve done that).
Find out what they may have already purchased and what they thought of it.
Discover what’s missing from the marketplace that they wish they could get
their hands on.
While you’re at it, ask
them how much they’d expect to pay for this item — and do some market research
on what other, similar offers cost.
Important final question
to ask, if you’re developing your own unique offer: How would your people like
this delivered? You don’t want to bust your hump creating a video series if
they’d prefer PDFs.
You may think just a
hundred or so subscribers is too small of a sample for this market research to
be useful, but in my experience, it’s not. I created a service that earns over
$300,000 a year with the data from an 80-person survey.
Even with a small
sample, you’ll be miles ahead compared with simply guessing at what product or
service to create. Gather all your input, refine your idea, and then you’re
ready to move forward.
3. Preview your coming
attraction
Now that you’re no
longer fantasizing about what your audience wants and have real data to work
with, you can create a first version of your offer. Don’t worry if it doesn’t
have every bonus or feature you’d like — just get the fundamentals of it
together. Next, recruit beta-testers to try it out.
If you’re like me,
you’ll get a ton of valuable feedback from that process, and
refine/expand/alter your offer based on that input.
While all this is going
on, you are slyly engaged in preselling your offer. For low-traffic bloggers,
preselling is critical.
You’re mentioning your
offer and describing it, when you recruit volunteers for the beta-test. Maybe
you’re posting sample covers of that e-book on Facebook. You can email and let
people know how the beta-test is going.
You might create a free
case study from your course, or a sample chapter of that e-book to give away.
More useful preselling.
You’re not overtly
saying, “Buy something from me” during all this, but you’re educating your
audience that a paid offer is coming. The more you do this, the easier the next
step will be.
4. Be a low-key seller
Now that you’ve built
all this vital groundwork ahead of your sale, selling should be fairly easy.
The only trick is not wearing your small subscriber list.
Remember those 27 emails
I mentioned up top? I never send that many — and most of my subscribers only
see a few messages about any particular offer, unless they express some active
interest.
Here’s a typical
segmentation sequence for one of those premium course marketing cycles I
describe above:
·
Presale
email: Waiting list only —
The offer you wanted is ready — here’s a special price on it
·
Email
1: All subscribers — I have
a free event coming up, save the date
·
Email
2: Only those who didn’t open email 1 — ‘Don’t want you to miss this’
·
Email
3: Useful post or
email exclusive on the topic, with banner or link to offer
·
Email
4: Only those who’ve opted in — ‘Here’s how to get the most out of this free
training’
·
Email
5: Email everyone the
day of free event
·
Email
6: Only opt ins — Here is the
replay link
·
Email
7: All subs — ‘last
day to sign up for replay/registration open now’ email
·
Email
8: Only those who opened recent campaigns — FAQs or a success story about the product
·
Email
9: Only those who’ve clicked nothing yet — A ‘lifestyle’ message about how the offer will make
readers’ lives better
·
Email
10: Everyone gets a
“last day to sign up” email
·
Email
11: Opt-in list only — gets a second
last-day email 4-8 hours before closing
You can see that with
this method, most subscribers don’t get very many emails, and the whole
sequence is shorter than what the big bloggers often do. You avoid annoying
your readers this way.
If you’re still getting
a lot of unsubscribes despite segmenting your list during your email sales
cycle, there’s one more tactic you can use: Offer them an ‘opt out’ box they
can check to not receive any more emails in this sales cycle.
Yes, that means they
don’t buy now — but it also means they don’t unsubscribe. They stick around and
may buy your next offer.
5. Price for volume
sales
If I see one more
training about how you’ll never earn well until you have a $10,000 product, I’m
going to puke. Price points like that really fail for small-audience blogs. We
just don’t have enough prospects, and can’t hit our lists as hard as you need
to, in order to sell a pricey offer.
Instead, drive volume
sales with crazy-low prices on an offer that delivers high value. This has been
the whole secret of my success — most of my sales are from products and
services that cost $25 or less. With fewer readers, you need a higher
percentage of them to buy than the popular bloggers do.
Especially if it’s your
first offer, you should be pricing it super-low. Think $1-$5. The point of this
first product is just to start people buying, not really to make money. Use
this as a ‘previous buyers’ list you can hit harder when you sell the next
thing.
Final thoughts
To sum up, if you
haven’t attracted a few hundred subscribers yet, just concentrate on making
that happen. Then, involve your readers in creating your offer. Presell it, and
then soft-sell it. You shouldn’t have to work harder than that, if your readers
were instrumental in creating your product.
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