Author Archives: admin

Creating Lower Cost Products as Loss Leaders

Have you ever gone into a store or restaurant because you received a coupon that was so good you just couldn’t pass the deal up? Maybe they were even giving something away for free. Or, maybe the discount was so fantastic on a product that you really wanted, and maybe even such a dramatic price drop, that you practically flew to the store the very minute you received the coupon.

Maybe you wondered how on earth the manufacturer or the store was able to give away such a fantastic deal. It was such a steal of a deal for you, that there’s no way they made money on the deal, right? You think about these things even more now that you’re a small business owner.

Well, you hit the nail on the head. They didn’t make money on the deal. If they did it right… they ended up making a lot more than they would have otherwise, though.

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Simple Trick to More Comments and Better Ranking

Whether you’re trying to get more people to interact with your written content, such as your blog, or you want more people to leave comments on your videos, such as YouTube, here’s a trick that will make it happen.

Why do you want people to interact with your content? Because it will often give you a better standing in search. For example, part of YouTube’s algorithm is to look at how many comments your video gets. The more comments you have, the higher your video might rank in search.

And when you get your readers and viewers to interact with your content by leaving their own comment, you also increase their perceived ‘ownership’ of that content. They are more likely to share it on social media as well as view more of your content in the future.

Now then, how do you get comments?

The usual way is to simply ask, and that does work. “If you’ve enjoyed this video, please like and leave a comment.” Or… “Which do you prefer, chunky or smooth peanut butter? Please leave your comment below and let us know.”

Now here’s how you can take this simple technique of asking and double or even triple the number of responses you get as well as increasing the quality of those responses dramatically:

Make it into a contest.

At the end of your video or article, let them know that the BEST comment will get a free valuable gift.

Yes, this freebie might be one of your products, but it doesn’t have to be.

I was watching a YouTube video of a gal talking about a certain kind of jewelry. She was wearing one of these necklaces throughout the video, and at the end she said she would send this necklace to the person who posted the best comment.

What a great idea! This necklace is something every viewer has been looking at and admiring for the entire video, and now they’re told they can OWN it?

And it gets even better, because at the very beginning of the video she said, “Stay tuned to find out how YOU can receive THIS necklace in the mail.”

This no doubt increased the average viewing time her video received because people were sticking around to find out how to get the necklace.

And the reward was very specifically targeted to the exact audience who would want the reward, since the video was about this specific type of jewelry.

The cost to her? I doubt it was more than $10. And yet there was a true element of scarcity because in this case the necklace was vintage (approximately 50 years old) and not something people could buy at their local store.

What I love about this is that the prize would be physically mailed to the recipient. Because it was lightweight the postage wouldn’t cost much regardless of what country it would be sent to.

And scrolling through her comments it was obvious that people really were going for the gold in trying to have the most interesting, wittiest or most helpful comment of everyone there.

She uses this technique with many of her videos, which gives her an immediate bump in views from her regular audience as well as a ton of comments. Views in the first 24 hours are especially important on YouTube to help with getting your video seen by more people.

She states in the description below the video that she will choose the winner in 30 days. But since she does not show the date the video went live, she continues to get more and more comments even when her videos have been up for months. She also uses this reward system to encourage viewers to become subscribers so they know when she posts a new video, too.

Depending on your niche, you might have to get creative to make this work for you. If you have electronic products, then the key is to offer something of high value, like a course you sell for at least a couple hundred dollars.

If you teach dog training, maybe you could give away adorable handmade dog sweaters. Let your own dog be the model. If you have a book, then that could be your prize.

Try this on your next couple of videos and watch the magic happen in the comments section.

How to Survive a Recession

As I write this, we’re on the precipice of a nasty recession, maybe worse than 2008 and maybe even worse than 1929.

At this point we don’t know, but better to plan ahead than to put your head in the sand, right?

But not only do many people have businesses which survive recession, millionaires and even billionaires are created,

Always have, always will.

Conrad Hilton made his fortune by buying up hotels at recession-prices because he knew that a boom always follows a bust, even if it takes a while.

If you’ve seen the excellent movie The Big Short you’ll know that Michael Burry made his fortune shorting the sub-prime housing market.

But let’s get REAL…

You and I probably don’t have the capital to buy hotels, or the financial wisdom to see bubbles in the market let alone the balls to gamble everything we have on a stock market hunch.

So, we need to work smart, work on a budget and work differently to the crowd if we want to not only survive the coming recession but profit from it too!

Let’s get straight to the meat and bones…

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Creating Systems: It’s Time to Systematize, Organize, and Run Your Business Better

It’s Time to Systematize, Organize, and Run Your Business Better

Creating systems for your business is a very smart thing to do. The thing is, it actually can be a lot of fun partially because it will be a huge relief for you. It’s especially fun when you realize how much it’s going to help you profit since it will bring a lot of organization to your life. Working less and seeing more money in the bank account is certainly my idea of fun.

This doesn’t have to be daunting and it doesn’t have to be hard. It’s time to get motivated and really stick with this way of doing things. Don’t let this be just another article you read about bettering your business. Don’t just dream about working less and profiting more.

If you want to achieve this, and I know you do, then you absolutely can. There’s nothing standing in your way but your own mindset and your own actions.

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90,000 Instagram Followers in 365 Days

TikTok might be the latest, greatest social media channel, but don’t think for a second that Instagram is to be ignored.

You can build a huge, active and engaged audience on Instagram in just months or even weeks using this strategy.

Instagram has over 2 billion monthly active users, it was the most downloaded app in Q4 of 2021 and 59% of Instagram users log in daily.

The most expensive influencer charges $1.015 million per post, and yet the most liked photo on Instagram is a photo of an egg with 55 million likes.

In other words, while people are making big money on Instagram, if you can post something more interesting than an egg then there is room for you, too.

Here’s how “SocialMediaQueen” built her following from zero to over 90,000 followers in 365 days:

First, you need content. A LOT of content. But that’s true on any platform. When you’re trying for organic growth, you’ve got to put your message out there several times a day.

And the content must be valuable your audience.

Generally, content has value if it’s entertaining, encouraging or educational.

If you can manage to hit all three, then that’s even better.

Second, you don’t need new ideas to make this work. If you can find a hundred different ways to say ten different things (that’s 1,000 posts right there) then you’ve got what it takes.

Remember, not everyone will see all of your posts. And no one will remember all of your posts, either. Repetition of message works great if you can just find news ways of conveying your message.

For example, “Don’t give up, you can do it.” How many different ways do you think you could convey this message? There’s no doubt you could find a thousand different quotes, anecdotes and stories with this theme, or perhaps even ten thousand.

Third, you’ll need a content schedule to keep you on track. Here’s Katelyn’s weekly schedule:

  • 3 photos or carousels
  • 4-7 Reels
  • 9-15 Stories
  • 1-2 Videos

This is as much as 27 pieces of content every week, or approximately 100 per month. That sounds like a lot for one person to create, but keep in mind this plan will grow your following fast.

If you check out Canva you’ll find templates for creating quality content quickly. Sit down once per week and create all of your content for the week, or even spend an entire day making content for the month.

Notice, too, that on Instagram you can monitor not just your number of followers but also the number of accounts you reach. Even if you fall short of 100 posts per month, you can still reach a large number of people on Instagram. Even starting from scratch, you can reach 25,000 people every week.

Note that the vast majority of your reach will likely come from Reels, since the algorithm is currently pushing those.