Freedom Ocean Internet Marketing with James Schramko and Tim Reid | Internet Business | Online Marketing Podcast

Freedom Ocean ends a six-year run with its 84th and final episode.

Freedom Ocean’s two business experts deliver smart advice for a struggling local business.

James praises Timbo's new book and Timbo reviews James's webinar on memberships in this episode of Freedom Ocean.

Get a clear definition of Internet marketing and find out what suits someone doing it.

Discover the keys to increased profit and conversions in this episode of Freedom Ocean.

James and Tim are back for the last part of their series about doubling your profit and reducing your work hours. In this episode, discover the formula for profit and learn how to get better conversions.

In the episode:

03:20 – Accent exercise

05:07 – A videoke dare

06:00 – A recap of the 2 steps to doubling your profit

07:28 – Today’s topic: Business

08:09 – What is the profit formula?

10:35 – How to get better conversions

18:03 – This is what you should be thinking about

19:20 – The big frequency winner

20:20 – Elements for retaining customers

21:07 – 3 main elements of a membership

22:41 – The reason people stay

25:07 – Salable assets

27:00 – Action step

Download the PDF transcription

 

Tweetables:

Make a game of creating content. [Click To Tweet]

Focus on frequency. [Click To Tweet]

Retention rather than acquisition [Click To Tweet]

 

Internet Marketing Products & Resources

Here you’ll find Tim and James have some things to help your business become more powerful.

 

Transcription:

Tim: Welcome back listeners to another episode of Freedom Ocean. Me, I’m Timbo Reid, you, you’re James Schramko. How are you, Jimmy?

James: Doing really well. Thanks, Tim. How about you?

Tim: Good. This is a show, for those who have not tuned in before, about the Internet, about Internet marketing, really. So the show about Internet, that would be another podcast that I Iisten to called Reply All. That’s a show about the Internet. That’s their positioning line. But this show is about just Internet marketing and all those questions many of us have, which Jimmy James Schramko has all the answers.

James: We’ve had a lot of audience over the years. We sort of stretched this thing out, don’t we? We broadcast infrequently but we make sure it’s good value.

Tim: Quality mate, not quantity.

James: We’re actually Part 3 now of a 3-part series. The dawn is come. The daylight’s happened, and now we’re going for the evening session on this one.

Tim: Yes. Feeling a little bit romantic, are you Jimmy?

James: Maybe, it must be watching the sunrise everyday. It’s programmed in.

Tim: Does it to you. Well, that is good. You’re telling me these 3-part series type approaches or series-type models of podcasting add a significant listener base because of, what did you call it?

James: FOMO.

Tim: FOMO.

James: Fear of missing out. So if you really want to get more traction on stuff, just say, part 1 of however many, like part 1 of 6, part 1 of 4. It implies that there will be future parts. So you can pick up a subscription. If someone joins after you’ve recorded them, it is tempting to want to listen to all of them, especially if you call back and you refer to future episodes.

So for example, we’re going to introduce what

You can’t scale a business alone. Find out more in this episode of Freedom Ocean.

James and Timbo are back, with the second installment of their 3-part series about reducing your work hours and multiplying your wealth. In this episode, uncover the whys and hows of leveraging a team to unlock business growth and profit.

In this episode:

01:27 – If the Internet broke

03:25 – Black magic?

06:01 – Shramkomatize!

07:20 – From stage presentation to 3-part course

10:52 – Part 2: Team

11:39 – The 3 main steps

15:34 – Conducting the orchestra

19:12 – The game changer

23:41 – Work out this one big thing

26:07 – You need SOPs

30:43 – James’s essential communication tool

33:53 – Small batch sizes

Download the PDF transcription

Tweetables:

There’s a ME in TEAM. [Click To Tweet]

You want to be the conductor. [Click To Tweet]

The by-product of creating value is wealth. [Click To Tweet]

 

Internet Marketing Products & Resources

Here you’ll find Tim and James have some things to help your business become more powerful.

 

Transcription:

Tim: Jimmy James?

James: Timbo, I’m calling you on your mobile.

Tim: You are?

James: How about we do an episode?

Tim: (Laughs) It’s very clever how technology is such an enabler.

James: Yeah, I’m using Skype, where I can just dial a phone number. It’s what I use when I’m overseas.

Tim: My kids accuse me of being stuck in the 80s, but I reckon you’re a man of today.

James: I’m a modern marketer. I have Skype, and I’m prepared to use it.

Is the internet here to stay?

Tim: And if any of this does go to where, I’ve got a little insight, which I think this Internet thing will take off, and we’re proving it.

James: You reckon the Internet’s going to be more than just a fad?

Tim: I think it’s here to stay. Come on, what kind of question is that?

James: Well, I have a vested interest in it. I couldn’t do what I do now as easily, but my great grandfather was doing a similar business model to me, just doing it a little bit more manually.

Tim: Yeah, right. Well, you do have a very vested interest in it. I have a vested interest in this thing called the Internet, and you know, if we look at it that way, we’ve got all our eggs in one basket. Anxious?

James: No, because if the Internet broke tomorrow, if we go all Mad Max Beyond Thunderdome, then I think I could go and do something else, like teach market farmers how to sell more vegetables, or get into the gold bullion trading business or something.

Tim: I’d love to see you go out on the land and teach the farmers. Because I reckon that a flannelette shirt would become you. Flannelette shirt, moleskins, R.M. Williams, and a little bit of hay just sticking out the side of your mouth, Jimmy.

James: That’s a time warp. I used to have flannelette shirts, I used to have a utility, and I do have R.M. Williams that were well-worn, like in those advertisements. They were literally down to stitching.

Tim: When I first met you, you were on the land. You were on some land.

Discover how to double your profit and halve your workload in this latest episode of Freedom Ocean.

What’s getting great business results for James and Timbo? Find out in this episode of Freedom Ocean.