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Tuesday, May 4th, 2010

The Myths Of Monetizing Your Blog

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Many people wonder how to make money blogging.

I started blogging on April 22nd of last year and I just reached my 100,000th visit with around 200,000 Web pages viewed (e.g. each visitor is looking at two articles I’ve written).

Since I started my blog I’m amazed how many people have asked me:

“Can you make money from blogging?”

Indeed, one of the reasons I began my blog was to study the different monetization models used to make money from blogging.

I’ve looked at two ways to monetize my blog so far:

  1. Advertising (through Google AdSense) and
  2. Affiliate marketing (mainly through Amazon’s Associates program and some through Zazzle)

Two Myths of Monetizing Your Blog

Myth #1: You Can Monetize Your Blog Through Google AdSense Ads

If you want to make money with a blog through selling AdSense, you’re going to have to have a lot of traffic…a LOT of traffic.

You can expect to make a CPM of $.25 to $1 in selling your ads through AdSense, according to my own numbers, and those of friends of mine.

What does CPM mean?  CPM stands for cost per thousand (this is an advertising term as in an advertiser is willing to pay $X in cost per thousand of some audience metric (readers in magazines, viewers in TV, etc.) — interestingly, on the Internet the metric is page views.

For example, when I say that you can make up a $.50 CPM on a blog, I am saying that an advertiser (in this case many advertising bidding through Google’s AdWords system) is paying you $.50 for every 1,000 “page views” that your site generates.

So, back to my blog…if I were to receive a $.50 CPM, I would make:

  • $.50 for 1,000 page views
  • $5 for 10,000 page views
  • $50 for 100,000 page views
  • $500 for 1 million page views

So, if I were to have put Google AdSense ads on my site since I began, I would have generated a total of around $200 (The $1CPM ($.001) times 200,000 page views = $200).

Myth #2: You Can Monetize Your Blog Through Affiliate Marketing

A second way people try to earn money blogging is through affiliate marketing.

What is affiliate marketing? Affiliate marketing is just another form of selling ads: you put a link on your blog promoting another company’s product.

The difference is that you ONLY get paid if a person clicks on the affiliate marketing ad on your site and then buys a product from the site (the affiliate marketer) they then visit.

For example, I joined the Amazon Associates program (arguably the largest of its kind) and I include links to many products sold by Amazon (mostly books I review) here on my blog.

If someone clicks on my Amazon link, and they visit Amazon and buy any product (not just the one I linked to) during that visit, Amazon will pay me anywhere from 4% to 8% based on the volume of sales I help them generate.

In the year I’ve been testing out monetizing my blog through Amazon affiliate links, I’ve sold 51 products for Amazon, generating $1,048.31 in sales for them and $50.02 in commissions for me.

Basically, I’m making around $1 for every Amazon product I help sell — I’m converting .05% of my visitors to becoming a customer.

I could move that conversion number up to .25% immediately if I put more affiliate links up.

This .25% conversion number is fairly common for a content-oriented Web site like mine (and like most of the blogs of the world).

However,  if you had a Web site that was focused exclusively on commerce (as opposed to advice like I do), I estimate you could move your conversion up to 2 or 3% of visitors buying something.

So, in total, I’ve learned that making money blogging (Google AdSense and Amazon’s Affiliate Marketing Program) has been very tough: I’ve generated just a couple hundred bucks from the 100,000 visitors who’ve come to my site in the last year.

Don’t Fret: There Is Some Good News About Monetizing Your Blog

So, we covered the tough part. For your blog to make money, you’re gonna need enormous traffic.

But in addition to enormous traffic, there are many other ways to earn money through your blog. Here are some:

  • You Can ByPass Google AdSense — You can acquire much higher ad rates if you increase your traffic to the 100,000 visitors per month level and beyond (in my estimation, you could sell ads yourself for $1 to $10CPM at that range. That’s up to 20X as much as you’d make from AdSense!
  • You Can Earn Higher Affiliate Commissions — You can earn 100X+ higher affiliate commission fees than you get through Amazon by doing some research on what types of affiliate marketing offers would be most relevant to the content that you write about (for example, the relationship advice company I work for will pay $15 or more to you if you generate an ebook sale for us.)
    • Go search “affiliate marketing offers” on Google or visit AffiliateTips where as of right now some poker sites are offer more than $100 if your blog generates them a customer. That would be about 100X higher than the $1 commission I’m generating for each book I’m helping Amazon sell.
  • Endorsed Relationships — This is a new term that a few of us have been using lately. It’s the same concept as your putting up an affiliate link but in this case you go directly to the company selling a product you believe in and you write up an endorsement of it. Steve Pavlina writes in his book Personal Development for Smart People that he selectively chooses certain products to promote through his super-popular blog (only ones he believes in) and sometimes receives a share in the sales for it (some of you may recall that Steve Pavlina used to monetize his blog through AdSense).
  • Sell Your Own Product — You can earn even higher amounts of money if you sold your own product (e.g. if you were to write a book or manufacture some product that you sell directly through your blog). You have to figure out what type of product would be of value to your audience but if you did figure out how to create such a product (a book, ebook, audio or video program, piece of art, software, etc.) cost-effectively, you can generate much higher amounts of money through your blog that way.
  • Collect Email Addresses & Market To Them — You can often charge higher CPMs for emailing advertisements than you could for selling the same ads on your Web site. It’s not unheard of to charge $25 CPMs for sending out an email promotion to your list (that would be $25 for every 1,000 people on your email list).

I hope these tips on monetizing your blog were helpful.

I’ll be writing in the future about effective ways to monetize your blog or Web site and, as always, welcome your input.

If you like this article, you may also like MySpace & Other Examples of E-CPMs.

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Friday, April 30th, 2010

3 Tips To Developing Your Talent (From The World’s Secret Talent Hotbeds)

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I just finished reading an amazing book called The Talent Code (I recommend it to any person wanting to further develop their talent).

The author Daniel Coyle visited the the talent development programs responsible for some of the top talent in the world, such as:

  • Moscow for tennis
  • Soccer in Sao Paolo, Brazil
  • Dallas, Texas for a vocal studio
  • A music academy in New York’s Adirondacks
  • Baseball in the Caribbean

But you don’t have to attend one of these talent pools to improve yourself.

Coyle says that the key to talent development is a neural insulator that we all have inside us called myelin.

He argues that every human skill — whether its leadership, computer programming, sports, music or anything else — is created by chains of nerve fibers carrying signals.

And it is myelin that wraps layers around these fibers…and there are certain things we can do to increase the thickness of this myelin, resulting in faster and more accurate movement and thoughts.

He recommends a few approaches to increasing your myelin (and thus your talent).

The 3 Keys To Talent Development

1) Deep Practice

Focus your practice on repeating core skills, attend to your mistakes, practice those skills again.

“Struggle is not an option: it’s a biological requirement.”

The “Ten-Year, Ten-Thousand Hour Rule” is indeed valid — This finding from 1899 stated that world-class expertise in every domain (whether it’s cello, chess or tennis) requires roughly a decade or 10,000 hours (that would be about 3 hours a day, every day for a decade).

It’s the Ten-year rule that is often used in developing talent in young people (many parents try to time the beginning of a child’s practice of a skill to be about 10 years before that child will peak physically.

That’s why some children are best to start practicing certain skills when they’re 5 to 10 years old).

Did you know that comedian Jerry Seinfeld practiced his first Tonight Show set 200 times beforehand, according to this awesome profile of Seinfeld in the New York Times.

Overall, Coyle identifies three tips for improving practice:

  1. Chunk it Down — Break down the components of the skills into as many parts as you can (and practice those slowly).
  2. Repetition —  Repeat the chunked-down components around three hours a day.
  3. “Feel It” — You should feel in tune with what you’re practicing, especially to identify the mistakes you make (so as to immediately work on correcting them).

2) Ignition

Coyle points out that ignition is key to developing talents — it’s a secret source of energy that we can tap into.

Some examples:

“I Want To Be Like Them”

There are examples of entire countries being “ignited” by the display of talent of one individual.

For example, in South Korea’s case it was on May 18th, 1998 when Se Ri Pak won the McDonald’s LPGA Championship — she was the first to do so from her country.

Pak “ignited” many women in her country as shown by stats over the following 10 years later: by 2007, 45 players from South Korean had one about one-third of the LPGA Tour events.

Anna Kournikova is Coyle’s other example of  “I want to be like them.”

That same summer of 1998, Kournikova reached the Wimbledon semifinals and became an overnight sensation (her good looks certainly helped).

Russia was ignited and within 10 years the World Tennis Association Top 100 was home to five times as many Russian tennis players.

“Primal Cues”

Ignition can come in other forms — one study showed that an extremely high percentage of political leaders (Ghandi, Caesar, Napoleon, Bill Clinton) had one thing in common: they had lost their parents at a very early age.

Coyle reasons that the leader group’s loss of a parent triggered a primal cue that they were no longer safe…and that unlocked a massive energy source for them to tap into.

He points out that of history’s fastest runners, for example, they were on average the fourth child of 4.6 children — in other words, there is a pattern of the younger you are in your family, the faster you can run.

In this case, the primal cue is” You’re behind, better keep up!”

3) Master Coaches

Finally, Coyle says that a “master coach” is key to developing talent.

He says that a master coach possesses the following virtues:

  • Vast knowledge
  • Perceptiveness
  • A habit of providing short and rapid feedback
  • High moral standards (honesty)

I was thrilled that Coyle identified John Wooden, my favorite coach/teacher, as an example of a master coach.

I hope you enjoyed these highlights on developing talents…but I only just scratch the surface of Coyle’s amazing book.

Buy/read it!

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Thursday, April 29th, 2010

4 Quick Tips On How To Be An Effective Entrepreneur

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Are you an entrepreneur? If so, you’re an amazing breed of person.

I coach a handful of you and I thoroughly enjoy brainstorming the creation of new businesses with each and every one of you!

There are a few entrepreneurial tips I have to help you along the way.

Benjamin Franklin (center), working at the printing press, may have been America's first entrepreneur

Benjamin Franklin (center), working at the printing press, may have been America's first entrepreneur

Entrepreneur Tip #1: You Will NOT Find New Creative Ideas From Advisors

Once you have your business idea and are rolling with it, you are walking around 24/7 living and breathing this new baby.

And you’re going to run into numerous people…potential investors or employees or people in general trying to tell you what to do (let’s call this group “Advisors”).

These advisors are going to throw a bunch of creative ideas at you.

First lesson: don’t sweat their ideas too much. If you’re into your new idea, you’ve probably thought about their idea in some form already.

You should focus on utilizing these advisors in other ways (see below).

Entrepreneur Tip #2: What You DON’T Do Is More Important Than What You DO Do

Those who hang around with Steve Jobs say that one of his most important skills is his ability to determine what NOT to work on (whether it’s a product or a feature).

Just take a look at at the outside of Apple’s iPhone and you’ll get what I mean: it has a couple of buttons, a switch, a jack for your headphones and a glass screen (think of all the features and functionality that other mobile devices have).

Mr. Jobs had to choose NOT to add a great many things to this magical device.

Or take In-N-Out Burger…they didn’t add a single item to their menu for some 15 years (and that first item was 7-Up soda) — again, think of all the things they turned down (chicken nuggets, coffee, juice, salads, etc.).

You the entrepreneur have the same tough call to make: you have a thousand ideas and you’re going to have to pick a precious few to work on at any one time.

Entrepreneur Tip #3: The First Thing You Do Will NOT Work (Try The “Law of 7”)

While you’re going to have to pick just a handful of things to work on (whether they are business ideas or product features), I have found it useful to use The Law of 7.

The Law of 7 states that you will have to try up to 7 things (around 3 to 7 things is usually about right), and work on them very hard, to find just one success.

This is similar to the Pareto Principal in which 20% of what you do typically creates 80% of your value.

But I wanted to name my own theory so I’m gonna call it the Law of 7.

Here are some Law of 7 examples:

  • Venture Capital — VCs look for 1 in 7 of their investments to make it big
  • Advertising Partners– I find that you typically have to try up to 7 advertising partners to find one good one
  • Advertising Creative — I find that you typically have to test up to 7 different advertising creative to get one that works really well.
  • Blog postings — About one in every 7 of my blog postings seems to really pop…while the other 6 are just so-so.

So you entrepreneurs out there should keep in mind that you may need to try about 7 different versions of your business idea to find one that carries you for awhile.

But you don’t have to believe me…check out these famous companies and how they attempted to make one thing while ending up producing something else:

Let me give you examples of the first things that different companies tried:

  • Microsoft — It was founded to develop BASIC interpreters (operating systems and later applications turned out to be Microsoft’s killer products)
  • Hewlett Packard — Its first product was an audio oscillator (calculators, mini computers and printers made this company famous)
  • Craigslist — This online classifieds service (the largest of its kind) began as a simple email distribution list of local San Francisco area events sent out by “Craig” Newmark.
  • Facebook — The world’s largest social network for people of all ages was initially a network just for Harvard students and alumni.
  • Apple’s iPhone — The big breakthrough for Apple’s iPhone was actually tablet computing….Steve Jobs mentioned this to AllThingsD: Apple was working on the tablet computer (the iPad) in the early 20oo’s and Jobs said that when he saw a prototype of the iPad, he decided that the touchscreen was a perfect way to design a new phone (so he deprioritized the iPad and instead made the iPhone the priority).

Entrepreneur Tip #4: Don’t Be Afraid To Start Small

I made the classic entrepreneur’s mistake when I launched the music Web site Mojam: I attempted to make it very big, very fast, with a small amount of resources.

This was 1998 and I believed the Internet was going to allow a new music brand, much the way television allowed MTV to launch.

So I positioned Mojam early on to be the “MTV of the Internet.”

The only problem was that I had only a small amount of money and no real strategic assets.

So, after studying the music market I found that the music industry consisted of three main markets:

  1. Recorded music — Mostly CDs back then
  2. Merchandise — T-shirts, posters, etc.
  3. Live music — Mostly concerts

So, I switched gears on my “MTV of the Internet” strategy and instead focused on the one part of the market that the Internet seemed to ignore: Live music.

No one was doing much in the live music space back then and our team was able to acquire a small database of music events and launch a concert listing service.

Interestingly, Wolfgang’s Vault, the company that acquired Mojam, was in the other two markets: recorded music and merchandise.

So, they were a better bet to take Mojam and go after the bigger music market  (closer to the “MTV of the Internet”).

So, if you have little in the way of resources, go after some small wins.

Don’t forget: Craig took an email list of San Francisco events and turned it into Craigslist and Mark Zuckerberg took a Harvard alumni network and turned it into Facebook!

There are many other tips to help entrepreneurs — I hope you found these four helpful.

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Monday, April 26th, 2010

Eight Steps To Success By John Wooden

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In honor of John Wooden turning 100 this year, I’m doing a series on Wooden including tips for success.

Here’s his “Eight Suggestions for Succeeding” from Wooden: A Lifetime of Observations And Reflections On And Off The Court (which I highly recommend you read!).

  1. Fear no opponent. Respect every opponent.
  2. Remember, it’s the perfection of the smallest details that make big things happen.
  3. Keep in mind that hustle makes up for many a mistake.
  4. Be more interested in character than reputation.
  5. Be quick, but don’t hurry.
  6. Understand that the harder you work, the more luck you will get.
  7. Know that valid self-analysis is crucial for improvement.
  8. Remember that there is no substitute for hard work and careful planning. Failing to prepare is preparing to fail
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Monday, April 26th, 2010

Ron Conway's Three Mega-Trends of The Internet

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If you want to know what arguably the most successful angel investor is focusing on these days, check out this Interview of Ron Conway on TechCrunch

He discusses three “Mega-trends” along with some of these highlights:

1) Real-Time Data — Any company that employs crowd-systems.

This is the category for 70% of Conway’s current investments

Examples of real-time data companies Conway has invested in are Twitter, Four-Square and Hunch. Quora (which Ron didn’t invest in) is another example.

2)  Growth of Facebook and Twitter — Social media is here to stay.

“The social phenomenon is consumers’ willingness to share more…including sharing where they’re at.”

His comments regarding Facebook

“Facebook’s revenues of hundreds of millions of revenues make it “a very real company.”

“Facebook is becoming the Web — everything you need is there. It’s a walled garden the way AOL used to be…except in this Walled garden, everything is there.”

His comments regarding Twitter

“Ads could be more relevant on Twitter than anywhere on the Web.”

3) Social Commerce or Flash Marketing/(or Flash Sales)

Examples include Guilt Groupe, Groupon, etc.

Conway points out that these are also all real-time data companies.

Conway had an interesting observation about when startup founders (companies like Twitter or FourSquare) should sell out:

“The older I get the more I want to see entrepreneurs (like Twitter founders) play it out…see how big you can get on your own.”

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Friday, April 23rd, 2010

3 Things Old People Wish They’d Done More Of In Life

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Last year I attended an amazing workshop called Coach for America led by former NFL player (and now coach and Minister) Joe Ehrmann — Joe mentioned something that truly changed the way I think about my life.

He referred to a study of older people who were in the “twilight” of their lives; and the study asked these wise elders a powerful question:

“What do you wish you had done more of in life?”

The Path To A More Rewarding Life

Their answers were profound. Here they are:

Old Folks Wished They Had…

1) Left More of A Legacy

What do I mean by “legacy?”

I like this definition from Dictionary.com :

“anything handed down from the past, as from an ancestor or predecessor”

This really resonates with me. As I get older, and read more about smart folks who’ve lived longer than me (Benjamin Franklin, Warren Buffet, Charlie Munger come to mind), the subject makes more and more sense.

A legacy is your gift to those who will follow you — does it get any more important than that!?

Examples of legacy:

  • In business, your legacy could be a company or product you build.
  • In the arts, legacy could be a book, music or paintings you create.
  • In family, legacy could be your children, grandchildren, nephews and nieces.

One recent legacy item I worked on was a book of 40 learnings I had by the time I turned 40. I wrote it just for family and friends (not to sell) and it was an amazing experience.

I love the fact that my nephew or niece might pick it up off their bookshelf one day after I’m gone and find some value in it.

2) Reflected More

When I heard old people wished they had reflected more, I have to admit I scratched my head.

Afterall, if they’re in their twilight years don’t they NOW have plenty of time to reflect?

But then I sat with it for a bit…and it made sense.

Old folks wished they had more often gone to the proverbial “top of the mountain”…to think!

In business, I call this zooming out.

I believe that arguably THE #1 challenge that business-people have is taking the time to zoom out, get altitude.

A mentor of mine Ralph calls this time “sitting under the apple tree.”

In fact, if you read my How To Innovate: The Five Things Top Innovators Do, you’ll remember that the most effective thing you can do to innovate is to “Connect” or “Associate” things that you’re observing in life. That’s certainly a lot easier to do if you’re “sitting under the apple tree.”

One way innovators reflect more is to travel outside their country — that really allows you to reflect on your life.

3) Taken More Risks

Old folks also wished they had take more risks in life. This old adage comes to mind:

“You don’t regret what you do, only what you didn’t do.”

I’m not just talking about physical risks/extreme sports type stuff — like when I jumped out an airplane in New Zealand or hanglided in Rio, Brazil  (neither of which I’ll choose to do again!).

I’m talking about the many day to day things that I’m trying take more risks on including in my career, relationships and hobbies.

A simple rule I’ve come up with is: “If I have some activity or event I’m thinking about doing — and I’m 50/50 on it (with the alternative being just to do nothing/stay at home, etc.  — I try hard to choose to do the activity. I’ve never regretted making such a move.

I do, however, regret some things I didn’t do or simply doing nothing.

So, is there a…

  • …business idea you want to pursue?
  • …a music CD/album you want to create?
  • …a book you want to pen?

I was so enamored with these three things that old folks wished they’d done more of in life that for the first few weeks after I heard it, I used them as the outline for my To-Do List every day.

I’d write down:

  • What legacy am I leaving?
  • What time am I taking to reflect?
  • What risks can I take!?

Listen to your elders!

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Wednesday, April 21st, 2010

How To Promote Your Book On Twitter (& Other Twitter Tips)

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There’s a question that everyone wants answered these days (I’ve heard it repeatedly at the recent conferences I’ve attended)…and it is:  “Who’s making money using social media?”

I’ve been asking that question of my friends lately and one guy stood up and said:

“Well, I am.”

How To Make Money Using Twitter

Mitchell's Monthly Royalties From Twitter

His name is Mitchell Cogert and you should listen to him because he’s built a profitable little business selling poker books primarily through the free traffic he’s acquired using Twitter.

Mitchell is a veteran of marketing strategy having worked with Proctor & Gamble, Hewlett-Packard, Intuit and other leading businesses.

Read on to enjoy his thoughts on such topics as:

  • Does Twitter make money?
  • Who else makes money using Twitter?
  • The six steps of how Mitchell himself makes money with Twitter
  • How to find customers on Twitter

…here we go:

How To Make Money On Twitter

Q: Hi Mitchell. Before we get to your poker book business, let’s look at the rest of the world — first off, does Twitter make money yet?

There is an article entitled Twitter is Said to Be Profitable in Bloomberg that stated Twitter earned $25 million in 2009. The revenue came from deals with Google and Microsoft to get access to tweets for their search results.

At the Chirp conference (the Twitter developer conference) last week, Twitter announced a plan to earn money from ads. If you do a search on Twitter, you may see an ad as a tweet at the top of the results.

Q: Do you know of anyone else who makes money off Twitter?

Here are a few companies: DellOutlet, the Coffee Groundz, Zappos, Souplantation, NakedPizza.

You can learn more about success stories on Twitter by going to these Twitter Case Studies.

Logo of Bird for Mitchell's New Twitter Business

Q: Let’s get back to you your poker book business — do you make money on Twitter…is it profitable for you?

The cost to be on Twitter is $0. The cost for my Google blog is $0. The revenues from my poker books are priceless…lol.

Actually, using Twitter is very profitable! The most expensive thing I do is the time cost to write posts for my poker blog.

But that is fun to do, because it is my hobby.

Q: Would you break down the steps through which your poker business makes money using Twitter?

It’s a process:

  1. awareness–>
  2. followers–>
  3. effective tweets–>
  4. clicks to website–>
  5. valuable content–>
  6. sales

Q: So, “all in,” as they say in poker, how much money does it cost you to operate your combo Twitter/Blog sites per month versus how how much you think Twitter generates in book sales?

Out of pocket cost is for twollow at $7 per month and the websites on Homestead at $20 per month.

The royalties from my poker book sales average at least $1,000 per month.

Q: Do you have any other tips on how to make money using Twitter?

Yes. Let me give you one tip on how to get followers who are the most likely to buy from you.

The trick is to find followers who have “lists” that define your consumer.

For example, let’s say you are selling books to moms on parenting advice. Check out Twitter users who have lists they define as “moms.”

Now, just click the “follow this list” and you have created awareness about your business.

The moms that like what you have to say (tweeted) on Twitter, will follow you back. These followers are prospects!

Q: Thanks again, Mitchell

Thank you again!

Note: see How to Get Twitter Followers (Ones That Buy!) for Mitchell’s thoughts on that subject and for his contact information.

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Tuesday, April 20th, 2010

How To Get Followers On Twitter (Ones that Buy Things!)

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I recently met a neat guy named Mitchell Cogert who gave me some good Twitter tips.

He’s the president of ad agency Johnson Cogert & Strauss and has worked with Proctor & Gamble, Hewlett-Packard, Intuit and other leading businesses on marketing strategy.

For himself, he has used Twitter to build a profitable little business selling poker books.

Mitchell was kind enough to answer questions on such topics of Twitter as:

  • How do you get free Twitter followers?
  • Is it a good idea to buy Twitter followers?
  • How do use auto-follow and unfollow to get more Twitter followers?
  • How fast should you get Twitter followers?

Mitchell Cogert

Here’s the Q&A on:

How To Get Followers on Twitter

Q: Hi Mitchell, let’s start off simple. How do you get followers on Twitter — what are the top few tips?

Here are three easy and free ways to get followers on Twitter:

  1. Add a “Follow-me on Twitter” icon and link on your website
  2. Add your Twitter account name on your email address
  3. Announce to your mailing list that you are on Twitter

Q: Would you discuss how to use Twitter’s auto-follow feature to get followers?

Twitter does not have an auto-follow feature to get followers.

Q: I see that you blog — did you get more followers on Twitter as a result of your blog?

Yes. Your blog or website provides the valuable content that you tweet about and is linked to your blog.

An example from one of my poker tweets:

New Blog Post: The 3 most popular Poker Strategies you must Avoid

Q: Do you recommend that businesses buy Twitter followers or should they focus on acquiring free Twitter followers?

I recommend that businesses do both. However, when it comes to buying Twitter followers you need to be careful since there are too many scams about getting followers..

I recommend my clients use twollow. It is inexpensive to use (as little as $80 per year) and it only auto-follows those users based on the keywords you select.

Q: Business folks often ask me “How do I get Twitter followers fast!?” — What’s your advice to them?

You don’t want to get Twitter followers fast. You want to get prospects, not followers.

I mean, do you want to get one million followers who have no interest in what you offer, or 10,000 followers who are prospects; those Twitter users who have an interest in what you are selling?

Twitter is not a get rich quick platform. To be successful on Twitter is a process. If you understand the process, you will get followers that are prospects, and turn them into sales.

Q: What business has the most Twitter followers…and do you know how they did it?

The businesses that have the most followers are usually those that have a well-know brand names and use Twitter effectively.

Examples are:

  • @DellOutlet: Posts tweets about discounts on products (15-30% off) and even exclusive deals via Twitter.
  • @ComcastCares: Post tweets to engage Comcast customers to improve customer care
  • @Zappos CEO: To build a bond with potential customers and provide insight into their unique culture.

Q: If someone wanted to get in touch with you about Twitter (I know you do some consulting) or find out more about you and your books, how would they do so?

For consulting, just send me an email at [email protected]. To learn more about my poker books go to APokerExpert. And, of course, if you want to win money playing poker, follow me on Twitter at @Mitchell1969.

Q: Thanks, Mitchell!

You are welcome!

If you want to learn more about getting followers on Twitter, check out Two Tips to Get Followers on Twitter— and if you want to review some beginner Twitter tips, here’s a good primer called Twitter Tips for Beginners.

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