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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 $5,200,000 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 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. |