Want To Be A Number 1 Best-Selling Author Or Make Money? (Excerpted from Warren Whitlock Interview)
Tuesday, May 24th, 2011Warren Whitlock: If your marketing program is “I want to be a number one bestseller author and then I’m going to figure out how to make money.” You’re going about it all wrong. Start off by having something that actually makes money which I think is part of what you teach with eBooks and then whether or not that develops into courses or coaching or consulting or whatever else you do that’s fine.
Now when you have either a hard-cover book or a Kindle or whatever the format is now arranging to do a publicity push to get up to bestseller for a day makes a lot of sense. I don’t look at a book or even an ebook. Anything that sells for under $100 I don’t think you’re building a real business.
That should not be your only product. Don’t get me wrong if you can sell a million copies of something at $9.95 more power to you. Go do that. That’s fine but we consider anything under $100 now when we’re planning a business plan as being a trigger event…..
In other words, signing somebody up to start a relationship and if it covers cost you’re doing fine, if you make a dollar even better but there are good marketers out there who are now spending $100 to sell a $50 product because they know the relationship with that customer is going to generate $500,000 over time.
You’ve got to compete with those people if you’re going after a direct marketing way of doing it. So I always say yes. Start with what with you sell somebody and here’s a question if I came to you and I said I’ve got $100,000 and I want an answer and I want it fast would you sell me an ebook?
I don’t look at a book or even an ebook. Anything that sells for under $100 I don’t think you’re building a real business.
Ellen Violette: Right.
Warren Whitlock: That should not be your only product. Don’t get me wrong if you can sell a million copies of something at $9.95 more power to you. Go do that. That’s fine.
But we consider anything under $100 now when we’re planning a business plan as being a trigger event in other words signing somebody up to start a relationship and if it covers cost you’re doing fine, if you make a dollar even better but there are good marketers out there who are now spending $100 to sell a $50 product because they know the relationship with that customer is going to generate $500,000 over time.
You’ve got to compete with those people if you’re going after a direct marketing way of doing it. So I always say yes. Start with what with you sell somebody and here’s a question if I came to you and I said I’ve got $100,000 and I want an answer and I want it fast would you sell me an ebook?
Ellen Violette: No.To me if somebody’s coming to you directly and you’re going to talk to them then it’s trying to get them into the highest things first and work down.
Warren Whitlock: Right exactly. So, if you don’t have that highest thing first then you’ve got a problem.
Ellen Violette: Yeah.
Warren Whitlock: And that’s what I’m saying. So that the ebook or the book or the teleseminar series or whatever it is, it’s just the start of our relationship with somebody because…So if you don’t have that highest thing first then you’ve got a problem. So that the ebook or the book or the teleseminar series or whatever it is, it’s just the start of our relationship with somebody.
This is an edited excerpt from Preview Call 3 for Virtual eBook Expo 3 to hear the entire interview and all the FREE preview calls go to www.virtualebookexpo.com/3/previewoptin.htm.
Ellen Violette is the creator of The Virtual eBook Expo www.virtualebookexpo.com. She’s also a successful author and CEO of Create A Splash, LLC, a full-service ebook coaching, conversion and online-marketing company.
To learn more about ebooks go to www.theebookcoach.com. You’ll receive a free pdf “9 Deadly Mistakes To Avoid For Outrageous eBook Profits”, 9 Free Secret eBook Tips to Making Money Online and a complimentary subscription to the eBook Profit Secrets Newsletter. (Value $147)













