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... expand your customer base, keep this in mind and ask yourself: "What can I afford to spend to bring in customers who will continue to respond and buy my products at a rate that more than justifies the cost of the mailings and brings a worthwhile profit. Each business will have different ways of calculating this?in Joes case I'll step you through it. Let's Crunch The Numbers To See How To Profit We'll use a starting 1000 mailing list as a base. Lets say it costs $800 for the mailing. $200 for copywriting, $100 for the list and $.50 for postage and cost of shipping. The total cost is $800 ($ 100+ $200+ ($ 0.50*1000)). Now to break even Joe would need to sell 12 products at $65. $12x$65 is approximately $800. That would be ... he would be stupid to stop after the first mailing. Does Your Customer Base Fit This Profile? If you want to use direct mail to expand your customer base, keep this in mind and ask yourself: "What can I afford to spend to bring in customers who will continue to respond and buy my products at a rate that more than justifies the cost of the mailings and brings a worthwhile profit. Each business will have different ways of calculating this?in Joes case I'll step you through it. Let's Crunch The Numbers To See How To Profit We'll use a starting 1000 mailing list as a base. Lets say it costs $800 for the mailing. $200 for copywriting, $100 for the list and $.50 for postage and cost of shipping. The total cost is $800 ($ 100+ $200+ ($ 0.50*1000)). ... hires the best copywriter he can afford and sets out on a little campaign of his own?a direct mail campaign. His sales letter sizzles. Orders come in at a respectable rate, but after he tallies the results he discovers the cost of the mailing just about breaks even with the orders that came in. My question to you is this: Should Joe abandon this project or continue? This is a big decision he has to make. What would you do? Continue If Your Existing Customers Will Buy More From You The correct answer is really very simple if you understand the lifetime value that each customer on average brings you. Let's say, on average, Joe's customers pay around $65 for each order they make. But Joe knows Civil War nuts normally can't stop at just one item. Once Joe establishes a strong trust with his customers by shipping promptly, providing ...

... year in wasted time and effort. Acquaint yourself with these 4 myths, and protect yourself from the online hype and misconceptions. Myth #1: MLM On The Internet Can Be Wildly Profitable in One Month The most unfortunate and damaging myth about online home business is that the income can come quickly. It *may* be possible for a "big dog" with an established network of partners, to create a residual income of $1000 in one month. But this will never happen for the average person building from scratch. Consider this: The average internet MLM pays $2- $7 per person in an organization. To earn $2000- $7000 per month, you need 1000 people in your organization. This is very possible to achieve. But it takes time. Myth #2: "It's A Ground Floor Opportunity- You Must Join Today" When ... Network Marketing Leads¦ 4 Unfortunate Myths About Online MLM Experts and newbies are alike in misunderstanding the way online MLM works, and under-estimating the steps involved. 2 examples of common (but untrue) MLM myths are: "An Internet Marketing Expert is an Automatic MLM expert" and "Make a Ton of Sales, And You Make a Ton Of Cash". People fall for the same old myths about how these programs work. And these end up costing them hundreds or thousands of dollars a year in wasted time and effort. Acquaint yourself with these 4 myths, and protect yourself from the online hype and misconceptions. Myth #1: MLM On The Internet Can Be Wildly Profitable in One Month The most unfortunate and damaging myth about online home business is that the income can come quickly. It *may* be possible for a "big dog" with an established ... of partners, to create a residual income of $1000 in one month. But this will never happen for the average person building from scratch. Consider this: The average internet MLM pays $2- $7 per person in an organization. To earn $2000- $7000 per month, you need 1000 people in your organization. This is very possible to achieve. But it takes time. Myth #2: "It's A Ground Floor Opportunity- You Must Join Today" When someone says: "Ground Floor Opportunity- Join Today" what are they really saying? Is it: (1) "People who join after me have less chance of making money than I do"? OR (2) "The company will be useless in 2 years time"? Would you want to take a year or two to build a good residual income, only ...

... success in this business and making a lot of money are excellent, if you adhere to the rules and principles of the business. 4. Running a small ad in a national magazine and getting hundreds or even thousands of orders. 5. Renting a mailing list of 1,000 names and getting 150 to 200 orders. A very good list will generally produce no more than 2% to 3%, 20 to 30 orders for 1000 names. Your own list may do much better. There are a few of the most common beliefs about the mail order business that are almost always totally false. PRODUCT CHOICE The first task any new entrant into this business has to deal with is to determine what product to sell and to whom he will sell it. This is a considerable task and it should not be taken lightly. Many serious errors are committed in this area. ... lottery. The odds are not very far apart. Building a business, mail order or any other, is hard work. It takes great perseverance, belief in your efforts and lots of work. 2. Many people belive that they can get lucky in this business. Don't believe it for a minute. It is the greatest mail order myth of them all. To belive it is fatal. Look at this business in the same way you once looked at your job anytime you first began to learn a new skill. It took time to acquire those skills and this is no different. It will take time and also effort. 3. Finding the one book or product that thousands or even millions will buy. Well, it is obviously possible since it has been done, however, your chances of coming up with another Pet Rock or Rubik's Cube are highly unlikely. ... Marketing Plan¦ Mail Orders Most Common Mistakes THE GREAT MAIL ORDER MYTH There are a number of totally unrealistic beliefs about the mail order business. To belive in any of them can be dangerous to your pocketbook. Here are some of the most common ones: 1. It is possible to make vast amounts of money in a short period of time under the following conditions: a. No experience b. Little or no investment c. Insignificant work effort If this were a multiple choice test, then A, B, and C, would be FALSE-- FALSE AND FALSE AGAIN It does take experience, and knowledge, which can be acquired through reading, observing, and doing... There are many good books as well as some bad ones, on the mail order business. Stay away from books that make unreasonable promises. Our Special Report Series is designed ...

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