Interview
with Internet Marketing
Success
Story: Corey Rudl
Marty
Foley, publisher of ProfitInfo Email Newsletter, interviews
Internet marketing guru Corey Rudl.
For many savvy online entrepreneurs, Corey needs no introduction.
[Marty]:
Corey, as one who has been extremely successful as an online marketer,
please tell us how you got started using the Internet as a marketing
tool.
[Corey]:
I started marketing online in the fall of 1994. It was quite a fluke.
In my course, I explain that we published my book, "Car Secrets
Revealed", and started selling it offline. The results were pathetic.
We thought we had a winning formula and it was barely breaking even.
I spent about $20,000 offline trying to promote it... and it flopped.
I took the advice of a friend that
was setting up an automotive site on the net and he helped me get a very
simple web page online. I saw a few sales trickle in and then took more
interest in it, promoting the book online in my spare time.
[Marty]:
What are some of the online ventures you are involved in?
[Corey]:
I own four different businesses that now generate over $2,600,000
in online sales every year. I have interests in many other online
projects, as I have done work for clients for a portion of the profits
I generate. I also have a clientele base that hires me for online
business advice at $640 per hour.
[Marty]:
Your book "Car Secrets Revealed" has done very well for you online.
Can you give some details on it?
[Corey]:
Car Secrets Revealed was my first success on the net. Within 9 months
of truly starting to promote it heavily, it became the #1 best selling
car book online (using the unique promotional techniques I teach).
It generated over $140,000 in net profit in those months. To this
day (almost 3 years later), it is still the #1 best selling car
book on the Internet.
The site is at http://www.igs.net/carsecrets/
if you want to check it out. Everything I put on the page and
everything I say is there for a reason... We have tried many different
web page designs and concepts, and this one works the best (I explain
why in my Internet Marketing course at: http://www.marketingtips.com.
I can't explain it here, as it would fill up about 20 pages to cover
just the details on that topic alone).
[Marty]:
You were recently on the Maury Povich TV show in connection with
your businesses. Can you recap for those of us that missed it?
[Corey]:
There is not much to say. Basically, because of my exposure on the
Internet and having the #1 best selling car book online, they found
me through the net and invited me to appear on the show as their
"car expert" to explain a few tips and secrets to their viewing
audience on car buying and the shams and scams with car repairs.
It was a good interview, but what a long flight back... 10 hours
on a plane. Whew!
[Marty]:
How long did it take your first online venture to start making a
profit?
[Corey]:
The first month the sales trickled in, so I technically made a profit
within 30 days... but nothing to live off of. Since I was one of
the first group of commercial businesses online... there was a lot
of "trying everything", so it took me almost 18 months before I
started to see a full-time income. I spent literally 12-14 hours
a day, 7 days a week trying different techniques, copy, and ideas
online. Now that I know most every trick and tip there is, I can
literally take almost any business online and make it turn a very
healthy profit in a few months.
As more and more people got online,
many of the standard marketing techniques were getting overused and becoming
ineffective... so I developed "twists" to most of them to ensure they still
made a profit when everyone was using the "regular" approaches to online
marketing. The results: the techniques I use to market online are very
unique.
[Marty]:
How did you learn about what it takes to succeed?
[Corey]:
At first a lot of trial and error. I took a lot of the concepts
and ideas I got from the very expensive seminars I used to attend
and material I bought (I was a Jay Abraham, Gary Halbert, Mike Enlow
and Ted Nicholas fan, and most of their seminars were $7000 and
up.) I took those ideas - and with a little ingenuity and creativity
- adapted them to the net (while in the midst of developing my own
winning formulas for online success). I came up with formulas that
work like wildfire online.
[Marty]:
I recognize the names of those other well-known direct marketers
that you have learned from. It's apparent that your formulas work.
Which avenues are paying off the best for you?
[Corey]:
I have never had an online business that *has not* made a very healthy
profit. As I mentioned, my four online businesses combined now generate
over $5,200,000 in sales online per year! And the beauty of it is
that I started it myself as a one-man operation. I now have had
to hire five employees to take care of the paper work and customer
service... but have you ever heard of a retail business that has
5.2 million dollars in sales with only a few employees? No! They
have at least 15-20 employees. That is the beauty of the net: you
can automate everything so your overhead is incredibly low.
[Marty]:
What specific types of online tools are you using successfully?
[Corey]:
That is a very difficult question to answer, because there is no
one tool that is responsible for making me a fortune online.
My techniques show you how to generate
multiple small streams of income, and then automate those streams of income
so you can move to the next. Let me explain...
I would teach you a marketing technique
that will make you $1000 a month in net profit. You then automate that
so it generates that $1000 whether you are there or not. You then move
on to the next marketing technique, and it makes you $1500 a month. And
once that is in place (which takes you about 2-3 weeks), you automated
it and move on the next week, and so on.
The concept here is that you are making
small streams of income from many different directions (all of which are
automated)... but if you add up those streams of income you are looking
at $10,000 to $15,000 a month in net profit, which is over $100,000 a year.
The best part is that if one technique fails because something on the net
changes, you don't have to worry; you still have other streams of income
that are making you money every month.
[Marty]:
Do you do all of your business online, or do your online marketing
efforts supplement your off-line business efforts?
[Corey]:
100% online. I am a specialist at online sales and marketing. I
have become one of the most respected online marketers on the Internet...
and for good reason: I can prove my successes. If someone asks me
to help them with their magazine advertising, I simply tell them
that there are better people than me out there for offline marketing
and they should see them instead. I do what I do best... and that
is online marketing, so I concentrate *all* my efforts on that!
[Marty]:
What mistakes have you made?
[Corey]:
There are so many, I would fill up your entire newsletter listing
them. Let me just say that I have wasted hundreds of thousands of
dollars trying techniques that did not work (but from everyone I
learned something very important). But that is the "price of education"
as I say.
[Marty]:
What major mistakes do you see other Internet entrepreneurs make?
[Corey]:
There are a lot of them and I discuss them in great detail in the
course, but I will briefly mention a few here.
-
Having an ineffective web site that does
not turn visitors into sales. This is a very tricky thing to do (that most
people do not understand), and I devote a lot of time in my course in how
to make a web site profitable.
-
Putting all your eggs in one basket. Trying
one technique and thinking it will make you a fortune. You need to diversify
your marketing efforts into different promotions to see which ones pull
the most net profit, and then concentrate on those.
-
Having a poor "sales process" in the marketing
campaign. That is the manner in which you interest the client into coming
to your site, then lead him into a good rapport with yourself, and then
- and only then - asking for the order. Most people break the link at some
point and lose the sale. That is why most sites only see one sale out of
every 200-400 visitors (and some even worse).
[Marty]:
Are there any other tips or suggestions you would like to give others
that want to profit from the Internet?
[Corey]:
Research, research, research.... Read/study everything you can on
online marketing and learn about it before you jump in. For example,
I hear stories every day about people that "heard" bulk emailing
was very profitable. They may spend $1000 on the different software,
only to find out they were doing it very ineffectively (for example,
indiscriminately spamming, rather than ethically using bulk opt-in
email) and don't make a single cent.
Then there are other stories of online
success with MLM... people spend months using the wrong techniques and
end up not making a penny. The list just goes on and on.
Make sure you understand what you are
getting into with any business online so that your first attempt will be
your success!
[Marty]:
I agree, Corey. Too many are trying to "reinvent the wheel" instead
of learning how others before them have achieved success. I like
how Benjamin Franklin put it, when he said: "An investment in knowledge
always pays the best interest." Thanks for letting me interview
you, Corey.
Corey Rudl
gets over 4 million visitors to his websites yearly, does 5.2 million
dollars in sales online each year (yes, that is $5,200,000), and
personally makes hundreds of thousands of dollars from his online
businesses... all from his one small office. So listen to what he
has to say as he knows what he is talking about when it comes to
starting and promoting a business on the internet. Visit his site
at Internet
Marketing Center where he reveals all his unconventional tips,
tricks and techniques with examples so you can learn the most efficient
and fastest ways to make money on the internet.
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