Re-defining
FREE promotion.
(C) 2000-2002 By Andy Brocklehurst.
This is something
that's been on my mind to write for some time. I want to explain a way
of getting the HIGHEST quality free advertising for your site, product
or e-zine.
You see, when most
people talk about free advertising or promotion on the Internet they think
about free classifieds, FFA pages, and the like. All of which may or may
not have some merit, but the real trick behind promoting for free is not
to necessarily get the ads for free, but to get them without any cash
out of your own pocket.
Here's one example
for e-zine subscription building;
Joe has an e-zine
started. He has picked up 200 subscribers initially from announcing it
on announcement lists, newsgroups, on his web site, writing articles,
etc.
The next thing that
Joe does is search the e-zine directories for e-zines that have between
200 and 600 subscribers and are connected with his e-zine topic. He e-mails
some of the owners of those e-zines and asks about ad-swaps. In the case
of the big ones he is honest, and says he only has 200 subscribers, but
since they have two or three times more he will run 3 of their ads to
1 of his in their e-zine, or he offers them a top sponsor slot in exchange
for a regular ad spot in theirs - basically anything to make the deal
attractive to them.
He builds his subscriber
base to 500 nice and quickly and repeats the exercise only now he looks
for e-zines to swap with who have between 500 and 1500 subscribers.
Once Joe gets over
the 1000 mark he can offer paid advertising and be taken seriously. He
offers ad space at a very competitive rate and sells a few sponsor slots
at $10 - $15 a time.
Now the mistake many
make here is they spend those small profits. DON'T.
Joe now takes the
profits from three ad slots and finds a big e-zine that wouldn't swap,
but will sell a sponsor slot for $40 and reach 3,500+ people.
By now Joe knows which
ads pull the best because he's been using them and monitoring the results.
He uses his best ad and hands over his $45. He builds his list further
and now reaches 2,000 himself. He now puts his ad prices up and repeats
the process. For every 3 ads he sells he spends those profits on 1 ad
in an e-zine two - three times bigger than his.
See how Joe is buying
$45, $60, $100 ads but has never outlayed a dime out of pocket? That's
SMART free promotion.
Apply this same
technique to other advertising.
It's easy to apply
this same technique in other ways. For example, if you have a product
to sell, use really free ways to get an initial few orders. But DO NOT
get all excited and go spend your profits. Take some or all of the profits
and buy better advertising. It keeps rolling, and eventually you're spending
a few hundred dollars a time, but the return on the investment is ten
fold or better.
I love free promotion,
but only when it's defined properly. I hope this article inspires you
to re-define in your own mind what free promotion really is.
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Andy Brocklehurst is the creator of the Inner Room.
A marketing super-site that's packed with practical
ideas, tips and the tools you need to succeed with your
own online business. http://www.succeed4u.com
This article may be reproduced as long as it is not
altered and this resource box is included.
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