Episode Transcript
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0:37
Most people don't realize that the biggest issue
0:39
is not building a list , it's actually mailing
0:41
the list . A list is almost like a guarantee
0:44
A new project you're going to be launching is
0:46
going to be successful , because these people
0:48
know you , like you , trust you and they want to buy
0:50
your stuff . So
1:01
an email customer will come into your store
1:03
, let's say , once a day for a month , and they'll
1:05
spend 20 bucks . And a social media
1:07
subscriber will frequent your store
1:09
for 30 days , like , well , they'll come in once
1:11
a day , but they'll only buy something one time
1:14
in that time span and they'll hey
1:22
, chandler Bolt .
1:23
Here and joining me today is Igor
1:25
Kavets . He's the
1:28
world's highest paid email marketer
1:30
. He specializes in helping people
1:32
break the link between time and income through
1:35
email marketing , and he's also
1:37
written a book maybe you've heard of it . It's called
1:40
List Building Lifestyle Confessions
1:43
of an Email Millionaire . So kind
1:45
of really cut his
1:47
teeth , earned his stripes whatever you can call it in
1:49
both email marketing and affiliate
1:52
marketing , so the intersection of both
1:54
, and so we'll be able to weave some of both
1:56
of those things in here . So that's
1:59
what we're really going to be talking about Email marketing . What
2:01
is it ? How do you do it ? Why is it
2:03
important ? Why is it important
2:05
as an author ? And then we might even get into some
2:07
affiliate marketing stuff as well , because
2:10
that's definitely a way to expand your income as
2:12
an author . But we got a lot of questions and
2:15
not a lot of time , so let's dive in , igor
2:17
, welcome .
2:17
Great to have you here . Thanks for having me . It's
2:20
a pleasure .
2:21
So we were talking about this beforehand
2:23
. I love this thought of you said hey , 500
2:26
email subscribers are worth way more than
2:29
5,000 social media followers
2:31
. Why is that true and
2:34
why is email marketing so powerful
2:37
?
2:41
You know I've discovered it the hard way because , just like everyone else , I've always wanted to
2:43
have a big social media following and I put a lot of work
2:45
that would , like you know , post a lot
2:47
and I would really invite people into my life
2:50
. I would show them photos of my kids and I'll
2:52
tell them oh , we're going here and we're on a vacation
2:54
there , and then I would post my inspirational
2:56
thoughts and lessons that I learned
2:59
and a bunch of stuff Right thoughts
3:03
and lessons that I learned and a bunch of stuff right . And initially , for the first maybe couple
3:05
of months , I've actually even got a few clients from it because , you know , apparently I was
3:07
tapping sort of a warm market , I guess
3:09
. But what I've continuously
3:12
ignored is that most of my income still came
3:14
from my email list and it
3:16
all came down to one time I was doing
3:19
a product launch , my own product . It's
3:21
a product I've , at this point , retired . It wasn't
3:23
a big hit . Apparently people weren't
3:25
really like much into it as much as
3:27
I am because of how much content I produce
3:29
, and you might be into something like this too . Basically
3:32
, at one point I realized that my speech and
3:34
my voice weren't really great . I
3:36
used to have a really thick , um kind
3:38
of russian , israeli accent on
3:41
my vocabulary wasn't great , but more
3:43
so my voice was very high pitch and
3:45
my breathing wasn't on point . So
3:47
I hired a coach on social dynamics
3:50
and things like that and he trained
3:52
me on how to be a better communicator
3:54
, not just , you know , speaking on podcasts
3:56
and whatnot , but just even in
3:58
general and in everyday life
4:00
or when having like a Zoom call with a potential
4:03
venture partner , because people judge
4:05
you based on your tone , voice , how
4:08
loud you are , you know
4:10
your pauses , whether you make any or not
4:12
. So I've really
4:14
got fascinated with that and I've created
4:16
a product for my own followers called
4:18
Voice that Makes Millions , and I
4:21
partnered up with that exact guy who taught me and I said you create the product that Makes
4:23
Millions . And I partnered up with that exact guy who taught me and I said you create the product , I
4:25
do the marketing . And
4:27
I was really excited about that project and we
4:29
launched it to my email list
4:31
and we must have sold 150
4:35
copies , maybe 200 copies , which
4:37
is not like crazy , but it's still good . But
4:39
what I've done during that launch is I
4:41
created two separate tracking links and
4:44
one of them went out to my list , my email
4:46
list , and another one went out to my social
4:48
media followers , and I deliberately broke
4:50
down my email list into segments and
4:52
I took a segment of about
4:55
7,500 subscribers that
4:57
were on my email list and the segment . I
4:59
believe at the time I had something like 75
5:02
or 7900 followers on
5:04
facebook and these were like really warm followers
5:07
like they . They knew who I was , they
5:09
knew what I stand for , they knew my message
5:11
, my usp , they've seen pictures
5:13
of my kids . You know like it's just very warm
5:16
followers . And I launched
5:18
at the same time for the for the next three days
5:20
. I was like pushing to these followers
5:22
, but there's separate tracking links and what I discovered
5:24
is that all the sales
5:27
came from email , none came
5:29
from social media . So even
5:31
though I was getting clicks and even though I was getting
5:33
likes on the posts and everything and comments
5:35
and people like saying oh , wow , that's amazing
5:37
, etc . Like it seems like they supported
5:39
the product launch with like , positive
5:42
comments and likes , but
5:45
they weren't necessarily taking out their credit card
5:47
to swipe it and it
5:49
was the email subscribers who did
5:52
. And then it got me so at the time
5:54
I'm already sold on the fact that email is
5:56
king , right , and you know there's lots and
5:58
lots of data about it . But I really started
6:00
looking into the data after this product launch and you know there's lots and lots of data about
6:02
it . But I really started looking into the data after this product launch and I've discovered lots
6:04
of really interesting stuff . First off , the the
6:07
. The facts became evident to
6:09
me . Like when you buy something on Amazon
6:11
, you get an email receipt . When you get a shipping
6:14
update , it goes to your email . When
6:16
you book you know an appointment
6:18
at the embassy to renew your passport , it
6:20
goes to your email . When you
6:22
sign a real estate deal , it goes to your email
6:25
. When you receive , like a Venmo
6:27
payment from your bank or from whatever , it
6:29
goes to your email . Everything goes to your email
6:31
. I mean there could be like another copy
6:33
going to your text message , but most
6:35
of the time you know you're asked for your email
6:37
. In fact , all the social media platforms ask you
6:40
for an email to get an account
6:42
on the platform . And so
6:44
that was like , ah , I see
6:46
why . And then I started
6:48
looking into different studies , different material
6:51
, and I found this interesting study which
6:53
I think really sums the whole thing
6:55
up . It was a marketing
6:58
study and
7:00
they've tested the first check
7:02
of the day . So the criteria
7:04
was three groups . First , one
7:06
checks their email first thing in the morning . Second
7:09
group checks their social media , whether
7:11
it's Instagram , facebook , tiktok , whatever , whatever
7:13
it is first thing in the morning . And the third group
7:15
checks like some sort
7:17
of news website or something
7:19
like that , like CNN , you know , first thing in
7:21
the morning , like some sort of news website or something like
7:23
that , like CNN , you know first thing in the morning . And they've tracked which group was a
7:25
more rabid buyer group , like which one
7:27
supported businesses by actually buying from them . And
7:35
what they've discovered is that the first check of the day email group was the only one
7:37
that was like feeling that to support
7:39
a business they are ought to buy
7:41
something . The group that was checking social first
7:43
. To support a business , they ought to buy something . The group that was checking
7:45
social first thing in the morning , they
7:47
genuinely felt that by liking a post or commenting on the post or even
7:49
sharing the post , they've done their
7:51
part , and that mindset
7:54
fundamentally made the
7:56
difference between a business making money
7:58
and not making money . Then I started looking into
8:00
other stuff . I won't bore you with the numbers . Just
8:08
one study that was done by mail munch uh established that an email subscriber
8:10
buys nine times more often and spends up to 20
8:12
times more money compared to
8:15
a social media subscriber . Which means , if
8:18
you like , if you have a shop of some kind
8:20
and you can choose between two types of customers
8:22
an email customer and a social media
8:24
customer . So an email customer will come
8:26
into your store , let's say , once a day for
8:28
a month , and they'll buy something
8:31
, uh like 10 times 9
8:33
to 10 times in that month and they'll spend
8:35
20 bucks . And a social media
8:37
um subscriber will
8:39
frequent your store for 30 days , like
8:41
well , they'll come in once a day but they'll spend
8:43
. They'll only buy something one
8:45
time in that time span and they'll spend a dollar
8:48
, that's crazy .
8:50
So I guess I mean the
8:52
evidence is clear , and I've seen this in my own business
8:54
as well is , email subscribers
8:56
are worth way more than social media followers
8:58
, and it's just one of the best ways best , most
9:00
predictable ways you can grow your business , you
9:03
can get reviews , you can engage with
9:05
readers , and so , authors
9:07
, it's going to be , you know , way
9:10
more beneficial and a way better use of your time
9:12
to you know
9:14
, a lot of times people are like oh , as an author , I need to start
9:16
doing social media . And if , instead , you
9:18
said , hey , how can I start building my email
9:20
list ? You're going to sell more books , grow your business
9:23
, get more reviews . There's a lot of things that you can do there
9:25
, and so it's
9:27
a much better use of your time . And to your point
9:29
, igor , you can't take likes and
9:32
comments to the bank . It's
9:34
not going to pay your mortgage , and so
9:36
I guess let's
9:39
talk about the why and how authors
9:42
need to build an email list and how
9:44
they can use an email list
9:46
to start selling more books , get more views , grow
9:48
their business that sort of thing .
9:50
Yeah , absolutely . And just so people know
9:52
, I have the authority
9:55
to talk about this . I am an author myself , right
9:58
, and I used email to launch this book
10:00
a couple of years back . You know
10:02
, I really I really wanted to practice
10:04
what I preach , because it is a book about list
10:07
building , and so what I've done again
10:09
just to give you guys an idea
10:11
about how powerful this is what I've
10:13
done is I took a 10,000 person segment
10:15
of my email list , of my most engaged
10:18
, if you will , followers , and I've
10:21
just , you know , a few days before the book
10:23
was going live , I was still getting proofread
10:26
we're still like finalizing the cover . I
10:28
said , hey guys on I
10:31
think it was on Friday . I was like on Friday
10:33
, my book is launching on Amazon
10:35
and I didn't do the whole pre-sale
10:38
thing . You know how people publish a book and they
10:40
can like the book isn't published yet , but they're
10:42
like launching already . So I didn't do that I
10:45
should have , but I didn't . I
10:47
said my book is launching Friday and I'm going to be doing something special
10:49
, so keep an eye out and if you're , and
10:51
I'm going to be giving away some prizes as well and bonuses
10:54
, so if you're
10:56
really like into notified an hour ahead of everyone
10:58
else . Here's like a link
11:00
. You can sign up there , like for
11:02
free email updates , and it's basically like a
11:05
very simple capture page that basically says the
11:07
book is going live on Friday . We're going to open the
11:09
link , you know , an hour before . If you want to get
11:11
on the early bird plus get bonuses , give
11:13
me your email and I'll send you an update . And
11:16
so , of the 10,000 people , I think
11:18
about 700 and 900 people or
11:20
so said yeah , I want to get notified early
11:22
bird . And then , when it launched
11:24
, I simply put a very
11:26
simple page like super simple one pager
11:29
that had a video of me at the top
11:31
where I was basically
11:33
saying hey guys , my book is launching
11:35
. I really want one for it to become a
11:37
bestseller , which is why , if you get
11:39
the book , the physical copy of the book and I was
11:41
holding the book in my hand if you get the physical copy
11:44
of this book , I will give you
11:46
a bonus , and I don't recall exactly
11:48
what the bonus was , but it was worth more
11:50
than the book , which is how you
11:52
should structure your bonuses . But I guess that's
11:55
content for a different episode . And then I said if you
11:57
want to get the Kindle version , then
11:59
I'll give you this bonus . It was a different bonus
12:01
, but if you get both the physical
12:04
version and the Kindle version , I'll give you
12:06
a bonus package , and that bonus
12:08
package was actually worth more than
12:10
the bonus for the physical book and the bonus for
12:12
the Kindle book . So it was like it was a no brainer . But
12:14
I made it a no brainer . So people buy
12:17
two copies , both the physical and
12:19
the Kindle version , and I said , once you
12:21
buy it , all I need you to do is
12:23
to send me your email
12:25
receipt to this address . Just forward it , just the
12:27
receipt you got from Amazon . Just you know , hit
12:29
forward and send it to our support desk and
12:32
we will reply right back with your bonuses
12:34
, which I believe . The bonus was
12:36
a one year membership to my mastermind
12:39
and a few programs that
12:41
I released in previous years that cost
12:43
like collectively over a few thousand dollars that I
12:45
was giving them for free . Again , no brainer
12:47
for most people , especially if they wanted to get the book , which
12:49
many of them wanted . And so
12:52
what this created ? I did it for 72
12:54
hours . This created a
12:56
rush of people buying the book , which
12:58
is what's required for the book to become a bestseller
13:01
, which it did in three different categories , like
13:04
business categories , and what's interesting is that
13:06
I didn't know this , but I
13:08
was launching the book the same week
13:10
that Gary Vee was launching his , so
13:13
I kept seeing my book and
13:15
his book on the leaderboard . So it didn't really
13:17
matter whether you're competing against
13:19
other , like big authors or whatever . You
13:22
can still do this because of the spike you're creating
13:24
as a result of launching . And this really , in
13:27
my opinion , shows the power
13:29
of a list , because I've done this numerous times
13:31
with all kinds of projects . I've done this
13:33
with product launches and I do this
13:36
all the time . At least once every few months I'll do
13:38
it . Most recently I did one in August . We
13:42
had a $2 , 2500 program , uh , which we launched and we
13:44
sold 108 units to our list again
13:46
, just drop an email , invite it to a webinar
13:49
, bam um . I've done it with my podcast
13:51
to get into the new and noteworthy
13:54
on apple podcasts . When I launched
13:56
it , uh , I mean , I've done it with
13:58
my seminar the one , the one and only seminar
14:00
, because it's a very stressful thing to do , but
14:02
the one we did , you know , sold out
14:05
very fast , again thanks to the list . So
14:07
the list is almost like a guarantee
14:09
, you know , in a sense , that a new
14:11
project you're going to be launching is going
14:13
to be successful , Because these people
14:15
know you , like you , trust you and they're just . You
14:18
know they want to buy stuff .
14:19
That's great . So let's maybe split the
14:22
rest of this episode in two parts . Let's talk list
14:24
building and then let's talk monetization
14:26
, and so I guess let's
14:29
just go through some of the basics
14:31
. For people who are new to this Best
14:38
email marketing software , especially for people who are just getting started , or authors who are , maybe
14:40
they don't have a list . So they heard what you said and they're like , hey , that's
14:42
cool , that'll help launch the book , but I don't have a list
14:44
yet . What's the best software people can
14:46
get started ?
14:47
with . Yeah , you know , there's so much
14:49
software . I mean there's , I
14:51
mean dozens and dozens of them at this point , and
14:53
I've tested dozens of them
14:55
. I've got suspended from several
14:57
of them as well , because as I was growing
14:59
my business over the years , I was trying all kinds of stuff
15:02
. I even done some blackhead stuff I'm really
15:04
just not proud of , but I've done
15:06
it . And the one that I'd recommend
15:08
to brand new people like if you're a brand
15:10
new creator and
15:13
you're an author or you're a course creator or anything like that
15:15
, I'd say ConvertKit is a pretty good
15:18
piece of software . If you're in e-commerce
15:20
meaning you've got like a Shopify store selling
15:23
widgets or coffee makers
15:25
or whatever Klaviyo
15:27
seems to be the most popular choice . There's
15:29
also a company called ActiveCampaign
15:32
. I believe that's also pretty popular . There's
15:34
MailChimp , which is like
15:37
a flagship software
15:39
, and they've grown really big . That's probably the most popular
15:41
platform . And finally
15:43
, there was one more I wanted to mention and
15:46
I forgot . Yeah , but ConvertKit
15:48
is definitely the simplest one . Oh
15:50
right , if you're into affiliate marketing
15:52
, because you mentioned that , we will be
15:54
briefly talking about this . For affiliate
15:56
marketing , I'd say
15:59
GetResponse is the better platform , because
16:01
I believe MailChimp and other platforms do not
16:03
allow affiliates .
16:05
That's good . Yeah , those are some good ones . All
16:09
right , now we've chosen a software . What's
16:11
the fastest path to your first
16:14
1,000 subscribers ? For most
16:16
people , and especially for authors
16:18
, how can they use maybe their book to
16:20
get subscribers and really focus
16:23
on kind of that first ?
16:23
1,000 ? Yeah , I believe
16:25
, a great example of how to get to your first
16:28
1,000 subscribers . If
16:30
you go and study authors like tim ferris
16:33
or james clear , um , they've
16:35
got this down . Uh , what you
16:37
want is to either give away a
16:39
free chapter of your book for free , um
16:41
, or you you know some tip
16:43
or secret or strategy from your
16:45
book . Package it into something you
16:48
can give away . Now , this could be a video . This could
16:50
be a video . This could be a PDF , this
16:52
could be e-course , meaning
16:54
it's delivered over emails over the course
16:56
of like 7 , 14 , 30 days , etc . But
16:59
usually for authors I'd say a
17:01
free chapter of your book is
17:04
a great strategy and what you want to have is just
17:06
one page it's called the capture page or
17:08
squeeze page that has a big
17:10
headline . It says free chapter
17:13
or , you know , free for
17:15
a limited time , and then the big promise
17:18
of what that chapter is going to teach . For example
17:20
, if you've got a book on productivity , let's
17:23
say again , I'm just trying to make
17:25
this up right now let's say you've got a book on
17:27
productivity for moms
17:29
, right , your big claim
17:31
on the page would be something like how
17:34
to , how to kick ass , get
17:36
stuff done , all
17:38
the while you know and and and
17:40
and and be home in time for dinner
17:42
or something like that , I don't know . Basically
17:45
, whatever the dream outcome for a
17:47
working mom is , that would
17:49
be the big promise . And then a little form
17:51
that says enter your email here and a
17:53
button that says , okay , submit . And once they
17:55
give you their email , you send them the
17:57
lead magnet . We call it the lead magnet
18:00
, and that's the first requirement . The next
18:02
requirement , of course , you need eyeballs
18:04
, so you need traffic , you need exposure
18:07
, and so this is where there's so
18:10
many schools of thought , including the social
18:12
media school of thought , where you have to create content
18:14
to attract people . And what
18:16
I would say here is this For each and every market
18:18
, there's probably the most preferred
18:21
go-to strategy , but
18:23
, generally speaking , there's the free methods
18:25
, there's the paid methods . I'm big
18:27
on the paid methods personally . Free
18:29
methods , in my opinion , are very time
18:32
consuming . You
18:34
also need to have the skill set of content creation
18:36
. You need the skill set if you're doing seo
18:38
, for example , which I wouldn't consider as like
18:40
a free method . It's still pretty technical
18:43
and you've got to buy tools and you gotta buy
18:45
backlinks , and so it's pretty technical . For me
18:47
, paid traffic is the way to go because
18:49
you can buy your way up , so , so to speak . So
18:51
it's things like running ads , and
18:55
ad platforms are meta , so
18:58
Facebook , instagram , google
19:00
so that's AdWords , pay-per-click
19:03
traffic and YouTube ads . There's also
19:05
a strategy that I like to use , which is called
19:07
email drops , which we can discuss in
19:09
a bit . There's also native
19:11
ads , which is ads that go on news websites
19:14
. So , for example , if your book is
19:16
in some sort of health
19:18
niche let's say your book is about prostate
19:21
issues and how to help
19:23
men with their prostate issues then that
19:26
will actually go really well on news
19:28
websites because many
19:31
product owners in that niche will
19:33
advertise on those sites . And this is I
19:35
mean . We're not going to get too deep into the paid ads
19:38
, it's just a tip . You want to go
19:40
where the other paid advertisers in your
19:42
niche are . So if everyone in
19:44
your niche is advertising on Facebook like
19:46
and actually throwing a lot of money at it , that's probably
19:48
where you want to be Cool , that's good .
19:50
I hope you're loving this episode so far
19:52
. So if you're serious about writing
19:54
and publishing your book , we would love to chat
19:56
with you and help create a custom plan
19:58
. All right , so all you need to do right now is go
20:00
to selfpublishingcom forward
20:03
slash schedule . Schedule a 45
20:05
minute consultation with one of the experts
20:07
on my team . All right , let's implement what
20:09
you're learning in this episode and let's see
20:11
how we can help with your book . Go to selfpublishingcom
20:15
forward slash schedule . I want to key in on
20:17
two things and then I'll ask
20:19
a follow-up question . So one is
20:21
one thing that's worked well for us . I
20:23
love that . You said the bonus chapter and stuff
20:26
like that , and for those who are watching
20:28
on the YouTube channel , you can kind of see this . But
20:30
at the beginning of my book , I give away
20:32
the audio book for free and
20:34
I give away a video , a video
20:36
summary , which is really just my best performing
20:39
webinar for free , and so
20:41
what we found is what's the last thing
20:43
that people want to do when they start reading a book is
20:46
read something else , and so
20:48
they probably don't even have time
20:50
to read this book , right , and so if you can go after
20:52
them in a different modality , it's interesting . So
20:54
the audio book has inherent
20:56
value . This costs 15 to 20 bucks
20:58
, right . And then the video . It's oh
21:01
, video summary , cool , let me check
21:03
that out . And that's again a high-performing webinar
21:05
, which also converts them into a paying customer
21:07
for us at selfpublishingcom
21:09
. So
21:18
those two things have worked really well . There's embedding throughout your book of helpful tools
21:20
of you know , if I'm talking about how to outline a book , then maybe in that chapter I'm going to
21:22
say , hey , we've got an outline template
21:24
generator . Go here , right , and
21:26
so a few things like that . And then one
21:28
thing I would say is chapter 16
21:31
in my book called Published , published I talked
21:33
about specifically building your
21:35
email list using a book , how
21:37
I did it and how we recommend people do it
21:39
. It's when my first book
21:42
that I didn't even know what an email list was
21:44
, and but then we we
21:46
created one in the first book , brought in 4,000
21:49
leads within a handful of months , so
21:51
, which was crazy to me . And so we had a problem that not
21:54
many people have , which is we had an email list and
21:56
nothing to sell them , versus most
21:58
people have a product with no email
22:00
list , right , and so let's
22:03
maybe talk about that
22:05
next step , okay , once I've started building an
22:07
email list . How do I monetize this list
22:10
and make it worth it for me as
22:12
an author and as an entrepreneur ?
22:14
This is where things get really fun for authors
22:16
, in my opinion . If you already , if you
22:18
started building a list , now , the
22:20
world is your oyster because you can choose
22:22
to take your business into any direction . First
22:25
off , you can choose to publish your next book . You
22:27
can pre-sell your next book . I know people
22:29
who , like , just decided to write the next book
22:31
, put up a cover on Amazon , listed on Amazon
22:33
as a pre-sale and sold
22:36
for 20 bucks per unit . So that's
22:38
really cool . In my opinion . The next thing
22:41
you can do is take your book and turn
22:43
it into a course , because a
22:45
book is a course in
22:47
a different format , really . You mentioned modalities
22:50
. This is very , very true . So once
22:52
people have consumed your book , then
22:54
you can go and expand on
22:56
what you taught in the book inside a course . For example
22:58
, there's a great author out there , one
23:01
of my favorites for sure . His name is Chris
23:04
Voss . He wrote Never Split the Difference
23:06
. So Chris
23:08
done something really interesting , so
23:10
he got this book , which is his flagship
23:12
, right ? Everyone knows him because of the book , but
23:14
then from the book they've
23:17
developed courses . So he teaches
23:19
negotiations . He's like
23:21
a former FBI negotiator . And so
23:23
then what he , what he done after the book
23:25
. He actually has specific like section on the website
23:27
that says okay , you read the book , now what
23:29
? And he's got okay , so here's a course
23:31
on negotiations
23:33
for realtors , negotiations for
23:36
corporate CEOs . So they've developed
23:38
a bunch of courses for different segments of
23:40
their market where they expand
23:43
on the strategies in the book as
23:45
well as they run workshops
23:47
helping people practice what's
23:49
in the book . Because while people will
23:51
read your book and they'll love what
23:53
you're saying , many of them will not implement . I
23:55
mean , let's face it , many of them won't even finish
23:57
it . But those who read the book and get the gist
24:00
of what you're teaching , they won't implement
24:02
it on their own and so they'll come looking
24:04
for additional help , which comes in the form
24:06
of more detailed instructions
24:09
. You mentioned you've got a template generator . So if you
24:11
can incorporate a software component , that's
24:13
always welcome
24:15
. There's like one-on-one work you can do . You can do
24:17
group coaching . You can do workshops . You know , in
24:19
person , physically , you can do workshops online
24:22
over Zoom . Really
24:24
, it's now going deeper
24:26
into what you teach and offering different
24:28
formats for different buckets
24:31
of your market . And so let's
24:33
say you've decided to do a group workshop
24:36
on publishing your book and you're looking for
24:38
five people that you're going to take from
24:40
no book , no idea , to
24:42
an outline , to a draft , to
24:45
draft , plus cover , to like
24:47
a listing on Amazon and launch . Well
24:49
, let's say , each is 10 grand and
24:52
you know , now you have 4,000 people on your
24:54
list . All you have to do is just put up an offer
24:56
.
24:56
Scrambling for the unmute button . I
24:59
love that . So let's talk about so
25:02
. Those are ways that you can monetize . And then obviously
25:04
you can monetize , you
25:07
know , through follow-up and email . Hey , you love the book
25:09
now announcing the launch of the course
25:12
, right , and so you can do promotions around that
25:14
you can also . I
25:16
talk about in my book what
25:18
we call like the review sweeper , which is
25:20
a follow-up campaign when people join your list
25:23
from your book to ask them- .
25:25
Yeah , we bribe people to post reviews
25:27
on Amazon .
25:28
Yeah , yeah totally . And
25:33
so it can help with reviews
25:35
, it can help with repurchase , it can help with a
25:37
bunch of stuff like that . So I
25:39
guess maybe let's touch
25:41
on that , because I just want to make sure we're
25:43
speaking both advanced and
25:45
beginners here as best as we can
25:48
. It's a hard thing to do . But so
25:50
for folks who aren't familiar , there's follow-up
25:53
campaigns and what we would call like
25:55
an evergreen follow-up campaign , and then there's one-off
25:58
promotions . Right , you might have different
26:00
wording for those , but a follow-up campaign
26:02
is when someone's come , comes into your ecosystem
26:05
, so maybe they opted in for something and they go
26:07
into a seven-day sequence , and
26:09
then you've got your kind of
26:11
promotional blasts or emails
26:14
that you send out , and you might do that once
26:17
a week , twice a week , more than that
26:19
. You might , you know , maybe be on
26:21
a lower cadence than that , but
26:23
let's break those two pieces apart . What have you
26:25
found helps makes
26:27
the best follow-up campaign that
26:30
either leads to reviews or sales . And
26:32
then , flip side , what makes the best
26:34
one-off email
26:36
promotions ?
26:37
Okay . So the evergreen campaigns
26:39
or the follow-up campaigns , they're
26:41
pretty like it's a set and forget . So
26:44
you build them once and they do your work
26:46
for you 24 seven . Even if somebody opts
26:48
in at 3 am , they start getting
26:50
your emails . So for me
26:52
, what works best is simply starting
26:55
to pitch your offer right
26:57
away . So , for example , when
26:59
somebody buys my book and let's say they
27:01
buy it through my website and not from Amazon , which
27:03
is where I would get their email address In fact , you
27:05
can go check out my funnel at igorsbookcom
27:08
to see how I do it what happens is
27:10
immediately we'll follow up and we'll ask
27:12
for review first , and then we'll also
27:14
offer them additional
27:17
material , additional courses , additional stuff
27:19
that expands on what's in the book
27:21
. Inside the book itself , there's
27:23
also a link to a bonus page where
27:25
I'm pointing them to different webinars
27:28
that I have . Just like you , you know , we
27:30
have like our flagship stuff
27:32
. So you know , in my case there's
27:34
like five of them . So I you know , if
27:36
you're looking to solve this problem , go here . If you're looking to solve
27:38
that problem . Like , if you want more traffic
27:41
, here's a webinar you should watch . If you want more
27:43
, you know conversion strategies , here's a webinar you should
27:45
watch . And the other thing we do
27:47
that isn't exactly email
27:49
related , but still pretty important in my opinion
27:51
if you're gonna sell your book , if you're gonna self
27:54
publish the book is we use
27:56
a book funnel where
27:58
people can buy the book from us . They
28:00
pay for shipping . We don't charge them for the book , but we
28:02
charge them for the shipping because shipping
28:04
is expensive and once they
28:06
buy the book , we have order bumps and
28:09
we've got upsells too , so order
28:11
bombs can be other stuff that's
28:13
helpful for the book , and
28:15
upsells could be just additional
28:17
courses and things that
28:19
we believe somebody who's interested in reading a
28:22
book like this will be interested
28:24
in . And that's been pretty
28:26
important . In fact , what I've found is somebody
28:29
who buys the book from me this
28:31
is surprising , but that's what my numbers show
28:33
Somebody who buys a free book
28:35
, which essentially to say they get
28:37
the book for free but pay 10 bucks for shipping if they're
28:39
in the U S , or 20 , if they're outside the U S
28:41
? Um , they're a more valuable
28:44
customer than somebody
28:46
who buys a $500 item right off
28:48
the bat . It's , it's nuts , it's crazy
28:50
, but it's true . Uh , so so
28:52
for me , as soon as I launched my book funnel , that's
28:56
been very , very profitable for
28:58
my business . Just start
29:01
promoting something right away . I mean
29:03
, if you have something to promote , if not
29:05
, then find affiliate offers , find offers in
29:07
your niche , that kind of complement
29:09
what you do and promote them
29:11
.
29:12
I love that you talked about book funnels , because those work
29:14
incredibly well for us . I mean incredibly
29:16
well . It's just a great example I was taught
29:18
. I was speaking in a mastermind the other day and
29:21
I reminded him of a quote that I love
29:23
, or saying that I love around , uh
29:26
, the concept of hey , as as
29:28
entrepreneurs or marketers
29:30
, we get tired of our marketing way
29:32
, way before our audience does , and
29:36
so I think a lot of people could hear oh
29:38
, free plus shipping , book funnel , that's
29:40
so a decade ago
29:42
, right , and those things don't still work
29:45
, right , but in the same , in the same way that people
29:47
have been saying email marketing is going to die
29:49
, for , yeah , it's dead , for They've been saying it's dead
29:51
.
29:52
Yeah , it's dead . You know , on one of my webinars I
29:56
like to show two images . One is from
29:58
2011, . Wall Street
30:00
Journal saying email is dead , and then 2019
30:03
, Wall Street Journal saying email is dead
30:05
and it's not dead , you know .
30:07
Yeah , I mean it's . Both
30:09
are incredibly effective and they're really , really powerful
30:12
. And so the Free Plus Shipping shipping funnel is a great way to
30:14
get subscribers , but not just , to
30:16
your point , subscribers , it's paying
30:18
customers , and because they paid
30:20
and and you know , we know people
30:22
who pay pay attention , right , so they're not
30:25
just on your email list , they're a buyer . And
30:27
then , to your point , it's kind of a wild stat
30:29
that they would be worth more than someone who paid 500
30:31
bucks . But on the other hand , it
30:34
makes sense because there's reciprocity
30:37
built in , because you're giving them
30:39
something of high value . And then you
30:41
are now high value because you're an author
30:43
, right , so you've instantly elevated your
30:45
status to that customer . So
30:48
I think , on those tokens , it definitely
30:50
makes sense . Let's do a couple of
30:52
final questions here , then we'll wrap up . Once
30:55
I've gotten an email list , how often should
30:57
I email them ? And any tips
30:59
on email writing so that
31:01
it isn't a burden ? So that it isn't a
31:03
burden , I think , with a lot of folks in our world , the
31:06
mistake I'll see people make is they'll
31:08
build an email list . They might
31:10
have a few hundred people or a couple thousand people
31:12
. They're just starting to to get traction , and then they stop
31:14
emailing them and then six months later
31:16
, they've got a quote unquote dead list
31:19
and they don't know what to do with it . So how can people
31:21
avoid that ? How often should they email them
31:23
and some tips on how to ? Uh
31:25
, it's funny you mentioned that question
31:27
, but you're like the first person who
31:29
mentions that out loud .
31:31
Um , most people don't talk about
31:33
it at all . They don't realize that the biggest
31:35
issue is not building a list , is actually
31:37
mailing the list . And what I
31:39
see is that it's the single most
31:42
challenging thing for people , whether
31:44
I know psychologically , mentally , whatever they
31:46
just don't email their list . You're absolutely right . Like
31:48
they'll start building it but they won't send the emails
31:50
. And I haven't figured out yet what
31:53
exactly the reason is . Like
31:55
maybe they're afraid to alienate people , they're
31:57
afraid to say something wrong , they're afraid of getting unsubscribed
32:00
or spam complaints . But I'll share my
32:02
approach to email marketing and then you
32:04
know , whoever wants to try it out , we'll
32:06
try it out . I email every day , and that's
32:08
way more than most people are willing to email
32:10
way more often , if you will
32:12
. But on some days I email five
32:15
times a day . Like if there's a product launch and
32:17
it's the last day of the product launch , I'll email
32:19
five times . I'll be really
32:22
hammering that deadline . I'll be really pushing
32:24
on that scarcity button . And
32:26
to the naysayers who will say , well , that's
32:28
not the way to manage a list , I'll say this On
32:34
a recent affiliate competition that I participated in where I landed third
32:36
in the competition . I pulled in
32:38
as many sales on the last day
32:40
of the competition as I did in the
32:42
previous six days of
32:44
the promotion . That last day alone
32:47
just was responsible for almost half
32:49
the sales . People will sit on their hands
32:51
. People will wait for the very last second before they act . So you have to push harder
32:53
towards the end . People will sit on their hands . People will wait for the very last second before they act , so you have
32:55
to push harder towards the end . But yeah
32:58
, I mail every day . There hasn't
33:00
been a day in the last 10 years that I haven't
33:02
sent out an email and I recommend
33:04
everyone does the same . Even if you don't pitch
33:06
anything in your emails , you still want to mail every day
33:08
. So people don't forget about
33:10
you , because if you don't just like
33:12
you said , you don't mail the list six months later you've
33:15
got a dead list . It's because it's one of those
33:17
things where you don't use it , you lose it . If they signed
33:19
up on your list and you didn't start emailing them
33:21
right away , they forget who you are and
33:23
the next time you'll email they'll be like what , igor
33:25
? Who ?
33:42
And they just hit the spam button because they only even remember getting getting on your list . That's good . That's why follow-up campaigns
33:44
are really important when people subscribe . So what about folks who maybe have a smaller list and they don't have
33:46
their maybe time strap ? What's the minimum that you see ? That's like okay , if you just like
33:48
at a minimum , do this so that you can keep that
33:50
list at least somewhat engaged
33:52
as you're growing .
33:53
At the minimum , try mailing twice
33:55
, three times a week , at the very minimum
33:57
, like at least , please , otherwise
34:00
you just lose the list . And as
34:02
far as for the email writing , not to
34:04
take too much time Although I mean , I'm assuming most
34:06
people listening here are into
34:08
some form of writing . Writing
34:11
emails is actually like the way I look
34:13
at it . I wasn't a writer when I started
34:15
doing email marketing . I got lucky
34:17
because I wasn't
34:19
great at writing . English is not my
34:21
native language , it's actually my third language
34:24
, so I didn't feel particularly
34:26
comfortable writing in English . My
34:28
mentor used to call me Borat because of how
34:31
I used to speak broken English
34:33
. What saved
34:35
me was to realize that great
34:38
email marketing is template-based
34:40
, just like great copywriting . In fact , I
34:42
even go as far as saying just the great books
34:44
you know , the Tom Clancy's of the world , the Stephen
34:46
King's of the world they write according to a template
34:48
of some sort the way the story develops
34:50
, the way that they develop their characters . It's
34:52
always about a template . And so I
34:55
came across several info
34:57
marketers who were teaching this and they were like sharing
34:59
their actual email templates , where
35:02
you just had to fill in the blanks about the particular
35:04
product or service you were promoting and
35:06
that made me realize that email
35:08
marketing is not complicated and shouldn't take a lot of
35:10
time , where you can just fill in the blanks for
35:12
your particular product as long as you have a
35:14
large arsenal of templates , and
35:17
that was before chat gpt . Now
35:19
that we have chat gpt , um , we
35:21
don't even need the templates anymore , because all
35:24
the knowledge about copy and email
35:26
marketing has already been dumped into
35:28
chat gpt . Uh , so the only
35:30
reason to customize it is is if
35:32
you want it to sound like you , which is very easy
35:34
to do . But today you can just use
35:36
chat gpt and ask it to write
35:39
those emails for you , and even ask
35:41
it to write in the voices of the great
35:43
copywriters . So you can
35:45
go and you say , hey , write an email about this , this
35:47
, this and this , in the style of
35:49
the great late gary helbert
35:51
, and it'll just write for you
35:53
. And then you might need to tweak it a little
35:55
bit , but it'll take you five to 10 minutes to
35:57
do so . Cool , good tips .
35:59
And I got a lot more questions I can ask you , but we're
36:02
out of time so I'll end
36:04
with this . Let's
36:06
see what's your parting piece of advice for
36:09
the Igor from years ago , before you got
36:11
into email marketing , and maybe the other Igors
36:14
out there who are like hey , I know
36:16
, I need to build an email list . What would be your parting piece
36:18
of advice for them ?
36:19
Yeah , that's a great question . I
36:21
call him . I call him the old Igor . You know
36:23
he's overweight and he's frustrated and broke
36:25
. That's where I started . The advice
36:27
is just to start building a list , because it took
36:30
me about three and a half years before I realized I needed
36:32
to build one and I feel that time was wasted
36:34
because these days , looking back
36:36
when I drop an email to my
36:38
list , I've got people on the list who've been there for like seven
36:40
years , eight years , five years
36:42
, and they've been buying all this time
36:44
. There's also people who've been on the list for five years and haven't
36:47
bought anything and then just one particular
36:49
thing gets them right . So
36:54
I'd say it's kind of like planting a tree . When's the best time to plant
36:56
a tree ? 10 years ago ? When's the next best time now ? I think that's the
36:58
most important thing . Everything you're doing
37:00
in your business as
37:02
an author , it should
37:04
all lead back to your email list
37:06
. So if you've got a website , there should be an opt-in
37:09
form . If you've got a book , put a link in
37:11
the book for them to go and opt
37:13
in . If you're selling it through Amazon and Barnes and Noble
37:15
or something , if you're self-publishing , always collect
37:17
the email address . Again , you can go to igorsbookcom
37:20
and check out my funnel . It's basically
37:23
one page where I'm selling the book and
37:25
when you buy it I ask you for your email address
37:27
. That's the whole point . If I run ads to that funnel , I'm losing money
37:29
up front , but point I'm actually . You know , if I run ads to that funnel , I'm
37:32
losing money up front , but I'm fine with it because
37:34
I'm building my list . That's what's most important
37:36
.
37:37
It's good Igor , this has been awesome
37:39
. Thank you , where can people go to
37:41
find out more about you , your
37:44
courses , your book or whatever might
37:46
be most helpful ?
37:46
Yeah , you can go to igorkavitzcom
37:49
just my full namecom
37:51
. You can also go and check out
37:54
the book funnel , like I said , which I think is
37:56
a great thing you can emulate , because
37:58
the book funnel , as we've discussed in this episode
38:00
, is an underappreciated
38:02
asset that can make you a lot of money and
38:04
make you a better author , a more influential
38:07
author , if you will . So it's igorsbookcom
38:10
and the book looks like this it's called
38:13
the List Building Lifestyle Confessions of an
38:15
Email Millionaire . You can go through that funnel . You
38:21
can see the order bumps . I'm using the upsells , I'm using how I'm collecting email addresses . What
38:23
do I send in the first follow-up , second follow-up message . This is , in general
38:26
, a good practice . I like to
38:28
what Russell Brunson coined as
38:30
funnel hacking . Know
38:32
, find someone you can emulate , someone
38:35
who's like a little bit ahead of where you are today
38:37
in a certain department , and then go
38:39
through their stuff , like as a customer
38:41
, and then you realize oh , I see what they're doing
38:43
. Oh , they're sending an email this way . Oh
38:45
, it looks like you know three emails
38:47
in three days . That's interesting . I wonder , why is that
38:50
so then you start noticing stuff as
38:52
well as take their stuff you know and fill
38:54
in the blanks with your own . That's again that's
38:56
how I started . Like I would get Frank Kern's
38:58
emails and I would be like I wonder if I
39:00
can switch that for like this other product
39:02
. And then I would like rewrite half of it and I was like , yeah
39:04
, that fits , so that's , that's
39:07
how we learn .
39:07
Agreed , we'll check it out . Check out the book funnel
39:10
igorsbookcom
39:13
. I-g-o-r-s
39:15
bookcom igorsbookcom
39:18
. Check it out , y'all , igor , thank you , thanks
39:21
. Thank you so much for watching
39:23
or listening to this episode of
39:25
the Self-Publishing School Podcast . I know there's so many
39:27
places that you could be spending your time . There's other podcasts
39:29
that you could be listening to , youtube channels that you'd be
39:32
watching , so thank you so much . It means the world . Now
39:34
I want you to do three things right now if
39:36
you found this episode helpful . I don't know if you know this
39:38
, but we've got a YouTube channel . It's a companion
39:40
channel to this podcast . All the video
39:42
versions of the episode are on the YouTube
39:45
channel . So , number one subscribe to the YouTube
39:47
channel . Number two , if you're listening to this podcast
39:49
wherever , whether this is Spotify , apple podcasts
39:52
Number two , I want you to subscribe to this podcast
39:54
right now so you don't miss a future episode
39:56
. And then , number three , this is probably the most important
39:58
Leave a review on the podcast
40:00
. All right , reviews are super important and
40:02
help this podcast get discovered by other people
40:05
. So , number three , leave a review on the podcast
40:07
. Thank you so much . I'll see you in
40:09
the next episode .
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