Every where I read the "gurus" say, "The money is in the list" (Which is why I wrote JV Responder PRo) .. And many of them also say is that Give Aways are a great list building tool ... But I'm also hearing that giveaways are starting to have a diminishing return. (They are abused and overdone) This particular giveaway (Vrial Rebrandable Money Machine, See my Signature,The Middle one,) is about 1 day old, I'm an upgraded member and I've gotten about 100 people on my list now (I tarted from zero). Now, to me, that's pretty good. It also seems like this particular giveaway is pretty high quality. It looks like every gift was reviewed. There was a theme, and every gift had to fit that theme etc. (Shameless plug .. it's worth your time to look!) So, my poll question is ... Are Giveaways about a tool for list building... 1. Dying off. 2. Becoming Higher Quality. 3. Have peaked and reached their Full Potential. 4. Are getting worse, So I don't Bother 5. List building is over-rated so it doesn't matter. Please comment if you care to, on your answer.
For me, JV Giveaway is not as profitable as couple of years before. The giveaway event is totally saturated right now where we can see each week people will create their own giveaway events and promote old products that most people already have in their hard drive. The other problem that I can see is, most of these people who joining giveaway is a freebie seekers where they will signup, download the product and unsubscribe from our list right at the moment. Getting list and traffics is still the main reason why people joining giveaway events. And if you have a great products to promote, there is still a potential to make money from it. Most of the giveaway events is around the Internet Marketing niche and I would love to see more from other niches like graphics giveaway that was launched last year. For me, in IM niche, this event is already in their full potential. But there is still more potential if it from other niches. Just my 2 cents.
It is probably the usual story of whenever something is successful it becomes popular thus reducing the effectiveness or profits it generates the glory days may be over but i would say it is still a profitable and worthwhile part of making money from the net definitely.
I tend not to participate in giveaway events, but just directly advertise my giveaways. Seems to work well for me.
How about the other side, do you sign up for them and get the freebies? I know there's a lot to sort through, but every once in a while, I get someone who actually knows what they're doing and the mailings are really valuable. Do you advertise here on DP? Adwords? I'm curious.
Hey all.... i'm pretty new here. Just my opinoin here... I think it is still pretty effective as long as the give aways becomes irresistable. That will work in HUGE market like internet marketing where you could offer ebooks covering from SEO, affiliate and many others. But, how about smaller niches like dog training, deep sea fishing etc? will it still works? I could get PLR rights for internet marketing niche pretty easily but any idea on how to get PLR rights on smaller niches as just mentioned? Also, any idea on how to structure JV giveaway deal for these smaller niches? hhmm.. Hope someone could give some pointers. Regards, Kian
You may be new, but you're right on point. There are two things you need for smaller niches: 1. A niche expert 2. Niche traffic. I'll leave Niche Traffic to another time, but unlike the IM niche in which free ebooks are just all over the place, you will need to find an individual that knows something about your new niche. Work with him (her) to develop a digital product and make an arragement to pay your expert on a per sale basis. (Like a royalty.) OR ... hire an expert to write something for you as work for hire, and you own it. i.e. Find a dog trainer or a deep sea fisherman and make some kind of JV deal. I'm having a lot of luck in the engineering niche, because I know some engineers who write well. (As soon as it is "PLR" it will spread like wild fire and the unique value rapidly degrades. )
I think list building using give aways will continue for years. Especially in the "problem" niches - where people will happily subscribe to learn how to get rid of belly fat etc.
Just about all "gurus" couldn't think their way out of a walk in closet when it comes to marketing and promoting a site. All you have to do is look at how dead their sites and or blogs are to come to that conclusion. Yes, it can help a little bit, but not that much. Your goal is to make money, not give it away. More of your money and or your time will go out the door than what is coming in. The big sites of today did not do give aways after starting out. Smart and more experienced webmasters quickly learned that these do not work. Keep tabs on them. See how many actually come back. See how many will actually buy anything.
I have been getting some absolutely phenomenal results by doing some direct promotions of my give-away ebook/newsletter. So far this week I have made $200 via ClickBank from less than 100 subscribers
Says the guy with this in his signature... Affiliates-Earn 75% Commission via ClickBank $27/sale! FREE iMarketing eBook *wink wink*
This way is too outdated and reach it max potential.And there are lots of people abuse this by using disposable email and fake email.So its not worth it
Yeah, my newsletter isn't just "hey buy this latest new IM toy". I'm wanting to keep people posted on the scripts I'm writing, so I gave away a nice little HTML to PDF script to put on your server, no biggy, but inherantly useful. I took a GPL class and wrapped a front end around it. I brand my "generic" site JV Scripts Pro. (Then like I have JV Responder Pro, am working on JV Payment Pro etc.) I'm getting a lot of interest out side the IM community, but I want people to give me feed back, and potentially become affiliates, etc. and those people ARE in the IM community. And THAT's what my newsletter is about ... Anyway ... (sorry to ramble) .. out of the 115 subscribers or so, two of them have [/I] ... So, yeah, it's clearly a disposable address. ('course it may be to see if I'm selling their emails, too.)
Thanks BDAzzler, I got your point on niche mkting and you're right, PLR might not be that good for small niches due to devaluation overtime. Hope you find greater success in your engineering niche too.. all the best all. will hop in now and then to get more advises... chao!! Regards, Kian
Of course, one of the nice things about PLR is that you can use it as a starting point, add value, and then copyright it yourself. The problem is people get lazy and they don't do that. They just pass it on.
It actually depends on the giveaway and the list muscle of the partners involved. You're in with a couple of super-hitters there (Willie has a BIG one - list) so that event will probably do very well. I've found giveaways to be a good source of quality opt ins - and even in the giveaways where you pay $29 to $49 to upgrade, it can be worthwhile if you add say 200 people to your list (it means you have paid $0.25 per subscriber which is pretty good). For IM, events are very common, and the availability of giveaway software means we'll see more and more coming through. However, in other niches they are very far and few between (In my stockmarket niche I tried to organise one a while ago, no one had a clue how it worked).
I'm on your list too, you've got some nice stuff ... I don't move enough quanity (yet) to justify a monthly membership in your DRR, but your email is usually worth reading.
I think it has peaked but not so sure yet. I don't think people are looking for give a ways that much any more. I could be wrong though...
you neeed a targeted, responsive lsit, if the list isn't responsive then forget about the campaign or try something different
I agree, and at one time, JV Giveaways could get you a "Targeted Responsive List". My current list from the giveaway I'm in is about 140ish... they're targeted, but so far, they aren't buying, but they are visiting all my "free previews". So, what is the "something different" you recommend?