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Wednesday, February 13, 2013
How mobile payments will transform the shopping experience
Just buy the stuff & ship it
Mel,
Let's say you're brand new to online marketing and you have zero confidence.
My advice:
Don't go into some hyper-competitive keyword market like "work at home" or "weight loss" or "Sony Playstation."
Find a niche within a niche.
Let's say you want to sell hand soap.
Well, lots of people sell hand soap. You're one among legions.
But how about "lemon scented hand soap"?
If you search you'll find that most of the ads don't say anything about lemon scent.
If there are enough searches to fuel a "micro business" then you've just found a crack in the sidewalk that you can exploit.
You declare yourself THE KING OF LEMON-SCENTED HAND SOAP and you begin to build your worldwide empire.
Once you've mastered one tiny mountain you can move on to bigger and bigger ones. Your confidence builds as you grow.
One other tip:
DO NOT build a soap factory before you do this. Do not buy a shipping container of inventory.
Build the advertising campaign first.
If you get an order, then drive to Wal-Mart if you must, buy the soap an re-ship it. Carve small bars of soap out of big bars of soap with a pocket knife if you must. Buy your inventory at 3X selling price if you must. But TEST THE MARKETING IDEA FIRST before you commit big dollars to it.
Be agile. Be flexible. Be king of some teeny tiny corner of the world, then move on to world domination.
Perry Marshall
**NOTE: Do not reply to this email. Visit http://www.PerryMarshall.com/help with any questions or concerns.
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Perry S. Marshall & Assoc
159 N. Marion Street #295
Oak Park, Illinois 60301
United States
(312) 386-7459
Tuesday, February 12, 2013
Considering NYT's leaky paywall
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Monday, February 11, 2013
How 4 newspaper orgs created new revenue streams
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How we sabotage ourselves
Mel, Working with thousands of entrepreneurs, I've witnessed every kind of drama, every kind of success or failure story you can imagine. I've seen people take $1000 of knowledge and turn it into a fortune. I've seen others take $100,000 of knowledge and drive themselves into the ground, dragging children and spouses with them. Why does the one person succeed with so little - while another fails with so much? People sabotage themselves financially the exact same way they sabotage their relationships, or douse their problems in alcohol. Physical anorexia and financial anorexia really aren't all that different from each other. If you're prepared to hear some jarring truths and attack some ugly realities, I'm inviting you to take a trip down the rabbit hole of what REALLY holds people back - with an email series called "Dysfunctions, Addictions, and the Financial Burning Bus." You're going to make some amazing discoveries. And I'm going to make some amazing confessions. Your journey starts here: http://www.perrymarshall.com/headtrash/ Perry Marshall - - ***NOTE: Please do not reply directly to this email, instead go to http://support.perrymarshall.com |
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Perry S. Marshall & Assoc
159 N. Marion Street #295
Oak Park, Illinois 60301
United States
(312) 386-7459