The Best Marketing Method I Know
nathanbarry.com
nathanbarry.com
I don't have any products to sell, but it was still an interesting read. Good to see you focusing on building trust before selling since that was one of the things your last e-book sales page was lacking (at least in my opinion).
You get a landing page where you have to give your email to get a download. The "Guide" is usually just some distilled thinking that's rarely worth the email you traded for it. If you were smart, you probably used an email address you use for all of your spam, because you know once you get the guide, the next thing up is a bunch of drip marketing emails to get you to upgrade.
The email tips are often just as vapid as the guide and you know you're in for at least 4 to 6 of them over the next 60 days, so you ignore every one of them and route them straight to notifications/promotions/spam.
Drip marketing and free giveaways isn't anything new, and it _can_ be effective, but it's not a silver bullet to sales, by any means.
The goal is to build trust over time before asking for a sale. So putting out low quality content, followed by emails that aren't worth reading, doesn't build trust.
Use this method to deliver value and the sales will follow.
"Once you’ve had a chance to learn a lot from my material, and you’ve had enough time to start to trust me, then I tell you about the book."
then
"To put it in web marketing terms, the conversion rate will be incredibly higher by asking for the sale after building trust."
Followed by how hard it is to do this:
"It’s actually really painful to setup."
Oh but wait! I have a software suite that does this for you: "With ConvertKit it is easy to set up a new landing page, upload a PDF or another file to offer as an incentive, then let the subscriber opt in to an email course."
And then the buy now link :).
Pure genius. Nice article.
One feature you should think of is hosting the landing page on their specific domain. For example - the user can buy a domain, point it at the DNS and you take care of the rest. Rather than having convertkit.com/[some-random-hash] or a variation of it.
Looking forward to seeing the results and/or how well received this idea is
Custom domains are definitely on the feature list.
Also, I am quite good with WordPress, have a lot of experience with MailChimp, and this still really frustrates me.
This is the product I wish I had when selling my books.
I really liked Visual Website Optimizer's pricing, so I used that as a model.
Not just 30 day course or 10 tips on ... but to really help people understand front-end sales, backend sales and cross promotion.
Super excited to see you hit the $5k/month goal by June :)
Thanks for the encouragement! I'm definitely trying to hit that goal...
If you're launching your e-book, SaaS app, online course, etc. you'll need to build a reputation based on trust and value. Think about it: how many people will find themselves on your landing page, looking at some of your app screenshots and click on your big fat "Sign Up!" button because "Wow, I've only known this company existed for 3 seconds but here's my credit card!". You can do better!
In this case, a free guide to "Designing Forms That Convert" is a great example of educational and valuable material. Nathan gets your email address, you get some information you're interested in receiving and everyone is happy. If you educate people like this, frequently and with valuable content, you'll have their attention when you're ready to sell them something that they actually need.
(Patrick McKenzie earned a reputation in the HN community over the years by sharing what he's learned. Sharing == educating. When he's goes to sell a ~$500 video course on email [0], he seems to do pretty well.)
There's a reason why Nathan's CovertKit plans include thousands and thousands of emails. That's what you should be doing: sending emails and keeping a dialog with people who know you and your work. You don't have to pitch your SaaS app in the footer of every email, but it's important that you become an authoritative resource for the market/audience that you're working with. You'll likely have much better success selling to them.
Final point: writing good copy and valuable content is important and is what is going to make you money, not your perfectly refactored dashboard code. Are you a mediocre developer? Enough to handle CRUD and a few extras? Good. Now to get to work on your writing skills.
That's why I am stingy as hell with software. I don't pay for anything because I know I could build it myself if I really needed it. It's worked well so far and it's a big reason why most of the $ I spend on software is for games.
But I'll be damned if I didn't read this and think "I'd pay a little bit of money for that."
I've been following Nathan's work here on HN for a while, and I think that son of a bitch finally got me. :)
Good luck, Nathan; I'm looking forward to see what comes out of CK.
- variable quality: you could do it, but could you do it as well? It's not really a boolean proposition
- updates/patches: you could reinvent the wheel, but do you want to spend your whole life updating all the various wheels you've accumulated? Paying for dev is also paying for support and upkeep, especially in the security space
- time value: this is the biggest one, there's an opportunity cost attached to pursuing commodity projects. You could write Quicken from scratch, but the $20 you save probably doesn't cover your effort. And unless you were really interested in the tax code, it's probably not very fun.
Following your example about food: we have a boutique salad restaurant near my house. It's like $7 for a salad, which seems absurd. But they're giant salads, and really filling, and most crucially they offer about 4 dozen toppings. I can't personally justify having a fridge full of salad toppings: it's a lot of work to keep stocked on fresh stuff, and I don't know how much money I'd really save after all the waste. So I pay a little bit for the convenience, and I can have my kale salad with chickpeas and grilled tofu and beets and whatever else ridiculous stuff I feel like. It's all fresh and delicious, and I don't think I could have reasonably produced it at home.
That attitude extends to software as well. If it does what I want, and it does it well, I buy it. Apparently a lot of chefs end up eating out a lot, because they don't want to cook when they get home from work.
Also I'd far rather have a team working on making it the best software for the job, rather than what I could do on my own.
I've had success with drip campaigns, but one key factor that is non-negotiable is that the content has to be phenomenal. It's really not the tool that matters. The reason why Patrick McKenzie can rave about double-digit spikes from drip campaigns is because he is a great writer and even better marketer.
This was a no-brainer to buy: * I want to do EXACTLY this form of marketing, and it's cheaper at $100 to buy it than build it, so +1.
* This is not my core competency, so another +1 to letting me focus on building what I want vs need.
* Finally, from an initial read it looks like you know what you're doing, and just the landing pages have enough tips/hints that I bookmarked them for reference whether I use ConvertKit or not. +1 again, and time to bust out the credit card.
But the feeling I got in my stomach when I started reading about ConvertKit was not a good one. This particular post was not a sales pitch that (what I think to be) Nathan's audience would be comfortable with.
Recursive money algorithm.
One he is always ranting about the book he has written. Two he is giving generic rant on how to sell stuff.
Come on dude show something original.