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Oct 18 2010

When Should A Author Invest In Himself?

I just read an excellent article called The 10 Worst Business Ideas of All Time by Dave Logan.

Most of the ideas were focus companies and used language that might turn off some authors. However, as we’ve said many times here, Your Book is a Business

planewithbikeWhen I speak to authors, explaining how successful authors invest in themselves, their marketing, the brand seen online and relationships to move to the next level, I often here objections about “tough times” or “I’ll do that when I get the book done”

To get another perspective, I quote #3 in the 10 here:

Since times are tough, suspend training.

A company that’s flush with cash doesn’t prove its commitment to the employee by investing a little on training and development. But that same company does prove its commitment to shredding the culture and setting its principles on fire when it sacrifices these activities in tough times.

When times are hard, employees (and managers and executives) often don’t know what to do. This is exactly when training and development (done well, not the ultra-lame stuff that’s pre-packaged and devolves into simple and useless steps) can make the difference. Even more important, this is when company leaders are most closely scrutinized, so it’s good to be seen doing the right thing.

Whenever you think “I’m too busy” or “I’ve got to make some money first”.. remember how successful businesses and entrepreneurs stand out.. They do the right things when it hard to do the right things.

Written by Warren Whitlock · Categorized: book marketing, internet training · Tagged: author seminars, author training, best authors, self improvement, success as an author

Feb 12 2010

Calling All Aspiring Authors

iaaa logo

Last night was the launch of the International Association of Aspiring Authors.

The program was kicked of with a webinar with publishing industry trainers and I was included to talk about social media and book marketing.

You can view or listen to the presentation here

Are you aspiring to be an author? Start with the FREE Book Marketing Strategy Course for Authors I gave away during the call. As a reader of Best Seller Book Marketing Blog, you get it too.

Written by warren · Categorized: book marketing, internet training, social media, write a book · Tagged: aspiring authors, author training, best seller books, book marketing training

Apr 27 2009

How Authors Can Have IMPACT.. Recording Available Now

Impact by Ken McArthur: Book CoverApril 30th, we are holding a FREE WORKSHOP FOR AUTHORS in Orlando.

To have more impact, Ken McArthur held a series of teleseminars with some of the speakers. You can listen to this one FREE here

Ken is the author of Impact: How to Get Noticed, Motivate Millions, and Make a Difference in a Noisy World

If you can make it to Orlando, be there. Ken’s event are wonderful for networking with those that can help your career. The event will likely be broadcast, but the real power of the network comes out during the breaks between the speakers where you meet the other attendees.

Follow @KenMcArthur on Twitter and look for the hashtag #IMPACT to follow the action

Written by Warren Whitlock · Categorized: book marketing, internet training, online promotion, publishing, sell books, social media · Tagged: #impact, author training, ken mcarthur, orlando, selling books

Apr 15 2008

The $1 Offer. Is it Too Good To Be True?

I’ve been profiling the new deal and promotion of millionaire author Matt Back and recommending you give $1 to Habitats For Humanity while receiving access to all the materials of Matt’s $5500.00 course on Internet Lead Generation and Marketing.

Naturally, the question comes up.. Is this too good to be true?  Why would someone give away a course that was selling well?

Has Matt really lost his mind?

The offer page here has a 57 second video that explains Matt’s motivation. But is that all?

I think anyone can guess that a 30 year old entrepreneur likely has plans beyond this. Read his page, and you will see that he still has a monthly newsletter and other products. In fact, he throws in a monthly complimentary subscription, knowing that most people who get it will want to continue to receive the cutting edge marketing and promotion strategies he shares.

Successful authors know that any income from the first book or information product that you buy is only a small part of running a successful business based on your book. We know that people like free samples and pack as much powerful information as we can into those samples.. knowing that it’s an powerful introduction to who they are and what they do.

What about you?

Do you have a business model where know the real lifetime value of each new reader?

Calculating the average life time value of readers using this simple equation. Take the total sales from a group of readers, with your best estimate for the time they will keep purchasing if you take good care of them. Then divide that number by the number of books sold (or readers added to a subscription list).

When you know the lifetime value, you can do some very interesting promotions. You can likely afford to pay more than your competition for advertising, you can add bonuses with real value and increase customer service.. knowing that when you take better care of new readers, they will be even more likely to stick around and buy again.

Best of all, no matter how obvious this common sense advice sounds, MOST authors and businesses don’t know their lifetime value numbers. They are left to guess on what they should spend, get scared about marketing costs, and cut corners on customer service and become easy to beat.

I’ve watched Matt Bacak’s customer service over the years. I have seen him buy $50 steak dinners for 50 strangers at a conference (Hs sales at that conference were through the roof). I’ve been to his office and seen the elaborate fulfillment and customer service systems he’s set up. Last month, I joined 132 of Matt’s happy client for a bonus refreshers course. Sitting at dinner with them (Matt’s treat of course) I heard story after story of their successes.

I’d imagine that there are nay sayers who think that all marketers are trying to pull something, but I’d rather look at successful models and find role models that can help you build your own information empire around your book. Whenever I watch Matt use the same principles that I teach every day, I learn something new because he’s a master of implementing simple marketing strategies that can grow your business rapidly.

So please, go take a look at Matt’s promotion. Spend a buck and see all the details behind the curtain. If you decide you don’t totally love the newsletter, I can guarantee you that you can drop it and never spend another dime.

My bet is that you will see at least several ideas that will turn into profits.

My guess is that you will be like me.

What do you think? Take a look at the promoiton now and post a comment.

Written by Warren Whitlock · Categorized: book marketing, internet marketing, internet training, make money online · Tagged: author training, average customer value, book business, information marketing, internet marketing, matt bacak

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