Should you start another site?

How many times have you gotten an idea and thought you should take what knowledge you’ve gained and start another site? If you’re like me and you continually renew domain names just because you have a good idea for them, you know what I’m talking about. So many ideas, so little time.

The question is should you start a second site?  I believe the answer can be derived quite easily.  So let’s talk about the pro’s and con’s as it pertains to branching out and starting anew.

Another Fork in the Road

Work Load

It’s not easy building a website that makes money and is profitable. It’s not hard to drive traffic to one coupon, one affiliate deal, one promotion or even a monetized lead capture page.  In fact there have been cases where people made money on their very first tweet.  But that’s not a business.

A profitable website is one where you’re making more money than if you were to have spent your time working elsewhere. If you would make more money as a clerk at Walgreens,  I would submit that  you’re losing money working online.

But that’s not necessarily bad.

The question is how long must you be “building” your business before you reach the profitable point? And what amount of content, links, pins, videos and tweets will get you there the quickest?

Let’s use some math as an example (oh no! not Math!!!):

For the purpose of this example, let’s say it takes 500 hours of work to make a profitable website from scratch. If you have 20 hours/week to work on your site it would take approximately 25 weeks of work to get there. Make sense?

What happens to that time if you add a second site? Even if it is in the same general niche, you become less efficient. If you divide your time up evenly, it now takes at least 50 hours of work to get there. But being less efficient, I would say that it will take a bit longer.

Can you afford to not be profitable for that period of time? Do you have the stamina to continually be encouraged throughout the duration? And will you get burnt out without seeing the joys of good income sooner?

Family Sacrifices

Do you consider your family’s sacrifice when you’re spending time on your business? Every moment you toil away is a moment away from helping your kids with flash cards, spending time with your spouse, or making your home a more wonderful place. And every moment they spend without you, they are agreeing to the sacrifice and are equally dependent on its rewards.

Think of them when you’re considering starting a second site. Will you and your family’s sacrifice be better spent on a new idea or diligently working to make your current site profitable?

Expert Status

Much of what you bring to the table is bound up in your expert status. Some would call it your brand, others your reputation. But it all boils down to whether people perceive you as the expert or not.

Once your expert status is known around the world, doors open up. Rarely do large organizations hire non-experts to speak. Rarely does CNN interview generalists on a topic. And rarely do the big brands ask weekend hobbyists to be their spokespersons.

Are you that expert now? If not, can you afford to divert your attention to something else while you become that?

If your new idea doesn’t directly tie to your current site, enhance your brand or reputation in your field, should you really take on the burden? Think of Bob Villa, the home repair expert. If Bob Villa were to start something new, should he take on the role of Dancing with the Stars host? Or do you think his empire would benefit by becoming the host of Extreme Home Makeover?

Empire Building

That leads me to the overall empire. If you currently run a wedding site and are thinking about starting a Bahamas Travel site, will you be building an empire?  Will you be able to cross sell the two sites? If you develop a good relationship in the wedding niche, will you be able to email that to your Bahamas list?

This idea you have should both support and be supported by your current site. In building your list, your relationships and your cheerleaders do you really want to start from scratch on idea #2?

Remember Grey’s Anatomy and the TV spinoff Private Practice? Can you sense the synergy that came from moving one audience to the next?  Do you think they would have received funding if they had proposed a car racing spinoff show? Probably not – the built in synergistic empire is not there.

Some people suggest that once your site has become profitable that you first clone yourself in that niche before branching out. That idea makes a lot of sense but for me doesn’t sound like a lot of fun. However there is definitely rewards to be reaped when you rank #1 and #2  for your keywords with two different sites.  You truly do have an empire then.

If you’re at the  point where you really just want to start something new, write a book. There’s a ton of credibility provided by a book. Your audience will love you. You’ll have a new product from which to derive income and you’ll have reached a new rung on your Empire ladder.

Podcasters will tell you differently as I learned at BlogWorldExpo. If you’re interested in their opinion, read this post.

Dan R Morris is the founder of LettersFromDan.com, a website dedicated to improving your revenue stream from online efforts. Dan is an infomercial producer, niche website owner, product developer, author and Mastermind leader. Dan actively encourages marketers to take that extra step so that “Hope” doesn’t become the marketing plan.

(Photo Credit: Ali Shevlin)

The Sales Pitch: Part of the Consumer Buying Process?

Hearing the Sales PitchI once read a post on SavvyBlogging.net titled “Ditch the Pitch”, which made me wonder more about the role of the sales pitch in the consumer buying process?  I wouldn’t ever advise getting rid of the pitch because the pitch generates the sale. But I would say the author makes some valid points about the sophistication of consumers.

Crystal Collins, the author of “Ditch the Pitch” insists that we’re now so socially savvy we can see a sales pitch from a mile away. I totally agree with that, in fact I use that to my advantage and try to look at everything from the view point of the other side. I’m always wondering “what is their motivation in this arrangement” thus when is the pitch?

While I’m sort of against being victim to the hard sell pitch, I know first hand that it works very well a great deal of the time. Having spent the last 8 years in the infomercial world, I’ve seen up-to-the-second tracking on our TV infomercials and can compare that to the incoming sales call log. We can track at what second during the show a person calls and compare that to what they just heard. 9 times out of 10 it’s the sales pitch that starts the phone ringing. Continue reading “The Sales Pitch: Part of the Consumer Buying Process?”

Make Photos Go Viral on Pinterest

I thought it would be hard to figure out how to make photos go viral on Pinterest, but I was wrong. It’s fairly easy.  I’m not about to tell you that this is the only way to make an image go viral, because you’ll surely be able to point to another way someone else made their photo go viral on Pinterest. But you can check the “most popular pins” on Pinterest category at any time, you’ll find they all follows these rules:

Pretty

This rule is going to sit all by itself because if it’s pretty, people are going to repin it. That’s everything from a tree lined street to a fabulous bow window. But pretty doesn’t mean viral. It will certainly be repinned, but it takes more than “pretty” to get 30,000 repins.

Clarity

The image needs to clearly be about one thing. Not only that, but the caption needs to be in sync with that one thing. A beautiful sunset overlooking the harbor is great. But that won’t go viral if the caption is “I would love to be drinking a smoothie”. Cute, but that clarity isn’t there.

Take a look at this summer-y sangria looking drink. Beautiful picture of the drink. And the caption makes it even better. You look at the picture and say “that looks awesome” but then you read the caption and say “ooh I gotta pin this so I can make this later”. Continue reading “Make Photos Go Viral on Pinterest”

Increase Your Page Views

If you want to increase your readership, increase your page views, increase your RSS subscriptions and Facebook likes, your brand has to demand it.  Think about the dictionary, when was the last time you were “inspired” to look up the definition of another word because Merriam Webster suggested you do so?

The answer is “never” because Webster’s Dictionary isn’t there to make you better, it’s not there to help you expand your world. Merriam serves up definitions and doesn’t even say “thanks for stopping by”.

The quick and dirty way to increase your page views is by adding links to related posts. No doubt about it. But that turns readers into readers. To increase likes and joy and community, you’ve got to turn readers into fans.

And fans follow personalities, not headlines.

That means you’ve got to be the voice that tickles your readers’ souls.

Think about the sites you frequent, the ones you spend time on and read more than one page. Is it because you like the facts, or might it be the angle, the opinion, and the voice of the author? Most of the time it’s because our desires are reflected by the author’s tone, motive, experience and goals for us.

“Do your readers know you have goals for them?”

It’s easy to spend your time looking for deals, researching information, and writing great bullet points. In fact, 95% of websites are chock full of that. Keywords and facts, how-to’s and “7 ways to do this and that”, they’re the basis of good content. But without a point of view that permeates your site, why does a reader go beyond the information they arrived to get?

Sometimes information by itself just isn’t enough. Ever ask your waiter what he recommends? Do you think people listen to Rush Limbaugh for the facts? Ever look for a magazine that just had tables and graphs, no commentary?

Deep down inside we want both information AND the opinion of someone we trust.

So let’s talk about what you need to become the voice  people trust. Let’s talk about what’s necessary to increase your page views.

Why do you exist?

The most important part of your voice needs to be why you exist in the first place. Posting deals, writing about gardening, or hosting “how to write calligraphy” webinars is just the medium. There’s got to be a reason you’re doing these things. What is it you want your audience to accomplish?

  • Do you want them to garden because they’ll be eating healthier? saving money? improving the environment? or relieving stress?
  • Is your goal that they are able to calligraph their name when they sign checks or that they truly master the beautiful art of Calligraphy?
  • Are you posting coupon offers because you want your readers to fall in love with coupons , as a way to save enough money to go to Disney or because you want to empower them with the tools to change their family’s financial situation?

Sometimes you have to really step back from the content to dig deep and understand what you really want your audience to achieve.  And then that reason must be clear to your readers.

When you do know your purpose, your readers will hear it. And they’ll expect you to tell them when not to do things, when not to follow ideas, when not to get sucked into promotions. You will increase your page views when you make them feel safe, empower them to learn more and love them like family.

Show them they’re one of the team.

People read your content because they want to achieve something and your information is helping them get there. They’ve identified themselves as being on the team, what they really need is validation that they belong. (Sounds a bit like Maslow’s Hierarchy of Needs, doesn’t it?).

The easiest way to validate someone’s belonging is to label them. Start your emails off with Dear Fellow Train Enthusiast, write “for train enthusiasts only” in your letterhead. Make them belong by treating them like they belong. And don’t be afraid to use the “us vs them” approach in a blog post or two. Let them know that being on the team is something special.

Simple things like speaking the language others won’t understand allows a reader to separate themselves from the dreaded “general public”. Knowing the “infield fly rule” is what separates baseball fans from baseball fanatics and is what binds them. Couponers know what BOGO, stacking and match-ups are, so use the terms without explaining them. Weavers know what ends-per-inch refers to and golfers know what a “2-3 club wind” means. Feel free to make up a term that only your audience will understand.

“Live long and Prosper”, ever hear that community building phrase?

Finally, give them a community forum to speak with others like them. Whether that’s Facebook, a forum on your site or in a webinar chat room – give them an opportunity to not only be on the team, but to converse with the team. Once you’re “on the team and you know it”, many will make you their home page or daily destination.

There’s no doubt that this sense of belonging is the most important step to increasing your page views.

Be transparent.

Since you’re leading your audience to their success, make sure they understand your path to success. We’re all suspect of salesman and never want to be sold. However, we also appreciate that our coaches must be paid to continue providing such value.

Be extremely open when using revenue generating methods. Let them know why you choose the products you make money from, and also why you choose the ones you do. That makes good sense anyway.

One thing people love about transparency. . . they can rave about you without fearing social backlash. Transparency makes it easy to love you.

The best way to improve your page views is to turn your readers into fans by providing them a Voice they will know, like and trust.

Dan R Morris is the founder of LettersFromDan.com, a website dedicated to improving your revenue stream from online efforts. Dan is an infomercial producer, niche website owner, product developer, author and Mastermind leader. Dan actively encourages marketers to take that extra step so that “Hope” doesn’t become the marketing plan.

Shazam and QR Code Marketing

QR Code Marketing was just the beginning of what mobile marketing has to offer small businesses. Did you know that there is an audio version of QR Codes now as well? In fact Calvin Klein stores partnered up with the iPod app Shazam to play customized music in their stores. Customers would then get discounts if they used Shazam to scan, tag and share the songs. And that’s in addition to all of the other mobile marketing options like Foursquare and Scvngr, too.

So my question is do Shazam Marketing or QR Code Marketing make any sense?  What are the pros and cons of using this new medium? Continue reading “Shazam and QR Code Marketing”

Using PLR In Your Business With Sharyn Sheldon

Are you using PLR in your business now?

Hey [wlm_firstname], are you using PLR in your business now?  Join Sharyn Sheldon of BusinessContentPLR.com as she shares the right and wrong ways to use PLR in your business. Where to find trusted sources and several ninja tricks to make extremely valuable content that will lead to more revenue for your business.

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Pricing Mistake? Small Business Strategies

No one wants to make a pricing mistake. Small business owners often have to order pricing labels so getting it right the first time seems crucial. Lately I’ve gotten some questions about how to price things, both products and services.

Fortunately, yes I say fortunately, there are no rules. That holds true especially if you provide a unique service or one that requires a great deal of expertise. However, if you’re offering the same service or product someone else is then you’ve got something concrete to look at. Continue reading “Pricing Mistake? Small Business Strategies”