Crowdfunding Uncut | Kickstarter| Indiegogo | Where Entrepreneurs Get Funded

41 - How Timothy Moser uses giveaway contests to build up an engaged audience that is hungry to buy on DAY ONE


Listen Later

What if you could launch your project and have a super-engaged

audience lining up to buy your product? So many blogs, and guru’s
harp on having a big email list before you launch. What if it
wasn’t about that? What if it was about how engaged they
are? 


"90% of the

people who sign up for my Giveaways end up reading their email, and
about 50-60% respond to that email", Timothy Moser,
MasterOfMemory.com

This rings true for a lot of things. If you have a tiny list
of raving fans, I guarantee you will convert higher rates, and get
MORE sales from that list then you would have if you only focussed
on the quantity.

 

Using a Giveaway Strategy in another niche has

helped Timothy Moser get an almost unheard of 10% conversion rate
(from lead to sale). This unique selling strategy focused on
nurturing your leads, and getting them super engaged, and ready to
buy anything you’re selling.

 

Before Timothy Moser started Master of Memory,

a website that offers free information and courses on how to
memorize anything, he was a lot like many people trying to get
their start on the internet.

 

He had been listening to podcasts and reading

blogs on how to start a business online.

 

Memorization and learning had always been a

passion of Tim’s. One day Tim was googling around for more
information to improve his own skills....

 

But he didn’t find much.

 

He mostly found forum posts, but certainly no

central hub to learn the best techniques for remembering someone’s
name you just met, or Spanish verb conjugation.

 

So Tim threw up a website for fun hoping to

make some beer money with banner ads…

 

When Timothy’s website, MasterOfMemory.com, blew

up!

 

Even though he decided early to focus his brand

around giving away ALL his information for free, he was still able
to monetize the site within 3 months by selling a course on
learning Spanish where enrollees get personal attention from native
speakers online.

 

His Unique Selling Proposition for that course

was to use the advanced memorization techniques he had learned and
apply it to learning “boring” vocabulary and grammar.

 

This podcast isn’t on how to memorize anything…

Go to MasterOfMemory.com for that info…

 

You will learn:

 

  • Why Timothy spends hundreds of
  • hours offering free, one-on-one teaching to people who haven’t
    bought yet even though he knows it is not likely that the people he
    helps will actually buy his course
  • Why you need to focus on a BIG
  • first day for your launch
  • How to set up your own Giveaway
  • with nothing more than a Gmail account and a
    spreadsheet
  • How sometimes making people do MORE
  • work is better for sales than making a task as easy as
    possible.
  • The psychological difference
  • between a “launch” and “drawing :) ”, and how it can drive
    sales



    Show Notes:

    MasterOfMemory.com

    The Ultimate Guide To Use Hangouts On Air For Webinars - By Pat
    Flynn of SmartPassiveIncome.com

    ...more
    View all episodesView all episodes
    Download on the App Store

    Crowdfunding Uncut | Kickstarter| Indiegogo | Where Entrepreneurs Get FundedBy Khierstyn Ross

    • 4.9
    • 4.9
    • 4.9
    • 4.9
    • 4.9

    4.9

    21 ratings