free money system module 1
TRANSCRIPT
Free Money System
Module 1
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Copyright © 2011 Success Vantage Pte Ltd
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Published by Greg & Alvin
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Table of Contents
Introduction .................................................................................................... 7
So why are more marketers opting to take the short report
approach? .................................................................................................. 8
Short Reports 101 - Hot Little Money Makers .......................................... 12
Short Reports Make Great Upsell And Downsell Vehicles .................... 14
Typically, the upsell works like this. ........................................................ 14
This is basically the downsell in action. ................................................. 15
Short Reports - Great Viral Food ............................................................... 16
Blanket Marketing - Revisited .................................................................... 17
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About Greg Frost
Greg Frost is a bestselling author and self improvement coach who has helped
thousands of people worldwide achieve their dreams.
Born within a middle‐income family, he has struck out on his own and achieved great
success in his relationships, career, health and life. His dream is to touch and improve
the lives of at least 10 million people worldwide.
You can find out more about him and his other products at:
http://www.SuccessMasteryX.com
http://www.MindVIP.com
http://www.LifetimeOfHappiness.com/
http://www.BreakthroughPrinciple.com
http://www.ChargedAudio.com
http://www.MindMaximus.com
http://www.MindSecretsExposed.com
http://www.SmallTalkBigSuccess.com
http://www.Photographic‐Memory.org
http://www.JumpStartNLP.com
http://www.LivingWithoutStress.com
http://www.HealthMiracleSecrets.com
http://www.EnergyBoosterSecrets.com
© QuantumSuccessSecrets.com 6
About Alvin Huang
Alvin Huang is the CEO of the leading personal development technology firm Success
Vantage. Where he strives to create value and make a positive difference in the world.
Together with various leading authors, Success Vantage has managed to touch and
improve the lives of people all round the world.
Alvin has a “Just Do It” mentality and doesn’t stop at anything until he attains his goals.
He believes that similarly, anyone whether young or old, rich or poor…can achieve their
dreams just as long as they set their mind to it. Hence his favorite quote “Choice, not
chance that determines destiny.”
He also regularly blogs at the SelfHelpStation.com where he dishes out advice on
personal development, wealth attainment and achieving massive success fast.
Below are his websites:
http://www.SuccessVantage.com
http://www.SelfHelpStation.com
© QuantumSuccessSecrets.com 7
Introduction
Thank you for purchasing the Free Money System.
You have at your fingertips 4 information packed modules that will change the way you
do business online or if you’ve never before ventured into the world of online business
you are about to get an advanced education for little more than the price of a dinner
and a movie.
Don’t be fooled by the information you’re about to receive, it’s very powerful and is the
foundation that many successful businesses are built upon.
The reason why the system is called Free Money System will become evident as you
follow along with the modules. You will quickly see the profit potential that comes with
having an army of short reports working to your advantage and each one represents
an individual profit center cranking out money like a tireless ATM machine for you 24
hours a day, 7 days a week.
When you grasp the potential and power that comes from short reports, you’ll truly
realize the power of numbers and will start on your own journey toward true and life
changing wealth through the power of creating an empire of short reports of your very
own.
So I hope you’re excited, you have every reason to be because right here and now,
your financial future is about to change forever.
So without further delay, let’s get started.
You’ve no doubt subscribed to someone’s list before and more often than not the
information they enticed you with was a free short report.
So why do marketers use them as bait? Simple - because they work.
© QuantumSuccessSecrets.com 8
Let’s go into a little more detail.
By definition, a short report is shorter than your average full-blown ebook and is typically
around the 5 to 15 page mark in length, with the extreme being around 20 pages.
Anything longer is bordering on ebook length and is no longer categorized as a “short
report”.
So why are more marketers opting to take the short report
approach?
Speed - Short reports can be created in a couple of hours and within such a short
timeframe which means they’re able to churn out more products in the same time that
it would normally take to write just one ebook of the same length.
Achievability - Place most people in front of a blank Microsoft Word page and tell them
to write 100 pages of content and they’ll freeze. However writing 5 to 10 pages
suddenly becomes achievable which blasts right through procrastination. Typically the
human mind will do anything in its power to avoid pain and a huge amount of effort
and dedication that a large ebook requires is enough to give a person a serious case of
writer’s block.
Writing short reports not only is doable for anyone but because of their size means more
reports written equals higher productivity and a great way to acquaint yourself with
product creation before tackling the bigger projects.
It’s also the best way to get started creating your own online business on the fly, anyone
can do this regardless of their skill and experience level. If you’re a complete and total
newbie, don’t worry this is completely for you.
Cost - Short reports are inexpensive to create and can cost you little more than your
time in exchange for some great monetary returns.
© QuantumSuccessSecrets.com 9
If you decide to sell your short report as a lead in for other related products, charging a
fraction of the cost you normally would for a fully fledged ebook becomes a real deal
closer from the perspective of your buyer. Financial times have been tough and still are
for many so which do you think would appeal to your prospective customer $7 or $67?
Lower price points have the ability to remove risk and doubt from the point of view of
your customer. Once they like what you have to offer they’ll be more inclined to
purchase from you again, you’ll also brand yourself and build a relationship of trust that
they’ll purchase on your recommendation alone.
Once they start off in your sales funnel they’ll continue to be moved through different
stages with related products at increasing price points, all this stemming from your initial
short report.
Blanket Marketing - Because you’re creating content in a fraction of the time that it
would normally take to create a large ebook project you’re able to have more product
out there in the market generating you several streams of income at once. Short
reports allow you the chance to be prolific and to mass blanket market in several
different niches at once.
For example, you could have 10 x 10 page reports working
for you in ten different markets as compared to just 1 x 100
page ebook in one market.
This is a great way to make the most of your efforts and
hedge your bets should one niche tank. That means that
you still potentially have nine others to fall back onto.
Imagine investing all of that work into a large 100 page ebook only to
find out that your market didn’t respond to it.
That would mean wasted time sending you back to the drawing board.
Weight Loss
Weight Loss For
Bodybuilders
© QuantumSuccessSecrets.com 10
If you’re not sure exactly what a niche market is it’s a specialized portion or a smaller
subset of a larger market.
For example, weight loss is a general market but a weight loss niche would be a smaller,
more specialized part of the weight loss market such as “weight loss for bodybuilders”,
it’s still part of the broader, general weight loss market but a very specific corner of that
market.
The more specific and targeted your niche, the better your results and the more you’re
able to connect with your market.
Think about it, in the weight loss niche it’s mixed with people wanting to lose their belly
fat, lose their pregnancy weight, wanting to lose hundreds of pounds, wanting to lose a
few pounds, wanting to lose weight to improve fertility, wanting to lose the weight
around their abdominal area, wanting to lose weight for bodybuilding, etc.
As you can see it’s difficult to appeal to all of these groups at once, which are all
potential niches in their own right.
But if you were to target the bodybuilding weight loss niche you would be able to
appeal directly to your prospect without trying to appeal to everyone.
My philosophy is that you can’t be all things to all people so best to focus your efforts on
a specific niche to get the best results.
Testing - By being prolific and dipping our fingers into several market pies we’re also
able to quickly test winning and losing niche markets, throwing out the losing
campaigns and building up the winners.
By quickly identifying and weeding out losing niches means less time, energy and
money invested into the losing campaigns allowing you to focus and expand on the
more profitable ones.
© QuantumSuccessSecrets.com 11
What if you knew for a fact that 3 or 4 of your short reports showed a return? You’d
know which niches to spend your time and money creating more substantial products
and upsells around. This could eventually lead to high ticket products in the thousands
of dollars simply because you started with a humble little short report.
Teasers - Another reason why marketers love short reports is because it’s a great way to
build buzz and curiosity. Build interest and intrigue and get your readers coming back
for more.
Build Business - Of course one of the greatest purposes of the short report is to attract
people onto your list and because you often have to give to get, a short report,
particularly one in an area of interest to your market is a great way to go.
While thinking about the here and now with short report creation you should always be
thinking “long term” and a short report is an effective tool for building a business with.
Think of it this way, once you have a subscriber on your list, you have multiple
opportunities to make contact with them and to sell to them. So keep your eye on the
prize and continually think “long term” strategy.
These are just a few reasons why I love short reports. This gives you a glimpse of just how
powerful they can be. They can save you time and money while helping you discover
where the real money potential lies. But imagine for a moment that you churn out 2 or 3
week? That’s 100 to 150 short reports working for you and earning you money.
By the end of these modules you will literally have the keys to create your very own Free
Money System.
© QuantumSuccessSecrets.com 12
Short Reports 101 - Hot Little Money Makers
People really do take for granted just how powerful “numbers” can be. One short
report bringing in $50 to $100 per month is nice but 50 to 100 bringing in $2,500 to
$10,000 a month is incredible and completely achievable because everything you do is
“shortaturized”, the whole purpose of the short report to create them fast and to get
them out there making you money without the mass effort required to write larger
ebooks.
I hope this has given you a sample of just how lucrative short reports can be and now
you’re going to get started creating your own.
Using short reports to break into online business is a great way to start out and if you’re
looking at expanding your current business or are just starting out, then this is for you.
Think of short reports as your first attempt to sell something to your newly opted in
subscriber because in order for them to get the report, they had to purchase it with their
name and their email address, so in reality, you did make your very first sale even
though it wasn't money in your bank account...yet but remember how I mentioned
earlier about thinking “long term”? This is part of your long term strategy to build a
business that will ultimately look after you for years to come.
Those who get started with short reports also get to test the waters “so to speak”
because with short reports they can create them quickly, get them out to the market
while finding out if the topics given really are what your market wants and needs.
Your strategy should be the mass blanket approach, write up several reports, opt in
pages for each report and see which topics gain the most interest and subscribers. This
is one way to determine what your market is really hungry for.
© QuantumSuccessSecrets.com 13
If you find that a report isn't converting, then you know that particular topic isn't one
that you should expand upon or dedicate any more time or attention to and just move
on to the next report.
As an appetite whetter, short reports are great because they can give a hint of
information without selling the farm right off the bat and keeps your subscribers wanting
more. You also don't want to overwhelm them with too much information right away
either.
© QuantumSuccessSecrets.com 14
Short Reports Make Great Upsell And
Downsell Vehicles
Just as I mentioned before, short reports are a powerful tool.
Let's take a look at upsells and downsells through the vehicle of short reports.
Typically, the upsell works like this.
A marketer offers a free report on a top marketing strategy, tool, or technique to their
subscribers (this can be anything, it doesn’t have to be in the internet marketing niche).
The subscriber then signs up for the report by placing their name and email address into
an autoresponder for future mailings. The subscriber then confirms their email address,
downloads and accesses their free report.
Scattered throughout that report are either affiliate links or links to the marketer’s
products which is more often than not, an upsell to a full version of the report in the form
of an ebook, ecourse or even physical products.
Because the report is a sneak preview of the main product and is highly targeted to the
subscribers interests means a greater chance of making a sale.
Imagine for a moment 10, 20 or even 100 people downloading their free report from
you each day, building your list of subscribers and getting your offers out there in front
of thousands of people. Not only are you building a long term business where you have
a list you can promote to but you’ll also make sales passively for years to come from the
humble little reports you spent just a few hours creating. Talk about leveraging your
efforts.
In the case of a downsell, it’s a genius method that still enables you to close the sale
even if your prospect can’t afford the total cost of your full product upsell.
© QuantumSuccessSecrets.com 15
This is basically the downsell in action.
We start with your upsell which could be an ebook that expands upon your free report
and along with that you might also decide to offer some bonus videos and materials for
an exclusive discounted price.
Now let's suppose that the person looking at the offer doesn't feel that they can afford
your current offer and so they leave the page only to be confronted with a dialog box
that asks them if they're sure they want to leave or if they want to stay on the current
page. If they click the cancel button, they’ll be redirected to a page that has a
downsell product. Your downsell could be just the ebook minus the videos.
All of this was made possible through the use of a short report.
© QuantumSuccessSecrets.com 16
Short Reports - Great Viral Food
Another bonus to creating short reports is their marketability and their ability to go viral.
People seldom think twice about sending on your short report to their friends and family
if they think it’s valuable and as you guessed it, wherever your short report goes so do
your product links.
Imagine if your report exchanged thousands of hands all without any extra effort on
your part which could translate into thousands of dollars in sales for you all while your
little short report works tirelessly day and night while you focus on other things.
Not only do you make money on the front end with product sales from your links but
you also passively build your list as well. Talk about the true potential of short reports.
Again, having several of these little short reports working for you night and day means
money coming in from all sources for months and even years to come.
Reports I created years ago still bring in a nice stream of passive income, it’s the gift
that keeps on giving. As you can imagine this is the kind of income that snowballs with
time, the more reports you have out there working for you, the more money you make.
© QuantumSuccessSecrets.com 17
Blanket Marketing - Revisited
Earlier in this module I mentioned the “blanket marketing” approach which is the
greatest way to sift out your losing campaigns from your winners.
If you blanket market to several different niches at once you can cull the campaigns
with the least potential.
For example, if you have short reports within the gardening niche, another in the fishing
niche, golf, weight loss niche, relationship niche, etc you can see which of those people
are subscribing to for more information.
Once you identify those you’ll know where to spend most of your time, marketing in this
way gives you the edge over those just hoping for the best and it removes the element
of guesswork involved too.
When you create your business with a long term approach in mind you’ll be able to ask
your subscribers what they want.
By getting the answer directly from your list completely removes the guess factor and
you’re simply giving them what they want. That is the closest thing to having a license
to print money, when you know without a doubt what your market are willing to buy
from you, you can’t go wrong.
With several short reports out there working tirelessly for you 24/7 should you ever stop
creating them?
That all depends on you, you might get to the stage where you’re financially
comfortable with the passive earnings you make but in my opinion short reports are a
vital part of a business because you can constantly uncover hidden gold mine niches
and attract new subscribers and new customers to your businesses on a continual basis.
© QuantumSuccessSecrets.com 18
Where to start? Don’t worry we’re going to cover that in the next module, you’ll be
able to pinpoint niches with the most profit potential so you can hit the ground running
with your own campaigns and start profiting sooner.
See you at the next module.
© QuantumSuccessSecrets.com 19
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