How I got 100 leads for 2 minute’s effort
April 22nd, 2007Sound too good to be true? Well I did it. Keep reading and tell me what you think.
Is there such a thing as a quick, inexpensive and effective list building tool?
These days you’ll see all sorts of offers to grow your list. And some of them are really cool. Others are just big time wasters. While you may be getting leads, they may not be particularly high quality and it may cost you a small fortune to get them.
I found a tool that gave me an additional 100 subscribers in 2 weeks. Each lead cost me $1.78 and it took me two minutes to setup.
Total outlay = $178 and two minutes for 100 subscribers.
Now you might not think that I got such a good deal. But consider it in the light of a standard marketing campaign.
For a standard marketing campaign you get 100 leads for $40 each. And it takes you a whole day to get it done!! Let’s have a look at how I made this up.
- I worked out the cost of buying a list ($1000 for 1000 leads), writing a sales letter, buying envelopes and postage ($0.60 per letter). I then assumed a 4% conversion rate (which is pretty high for most campaigns).
My campaign was cheaper details on how I worked all this out, go here. But is that the whole story?
Time is ticking away…
Do you remember how much time I put in? Two minutes effort netted me 100 leads. That means that I got 50 leads for every minute of effort. OK, back to our traditional campaign again. Writing a full letter and mailing it is probably a full days effort. Let’s assume you work a 6hr day; that’s 360 minutes. That means you got 0.27 leads per minute.
My technique = 50 leads per minute
VERSUS
The traditional campaign = 0.27 leads per minute
So what is the final verdict?
For a fraction of the cost, I’m getting 200 times the return. Yeah, I’d say that is worth my time. I get 100 new prospects that are interested in what I have to say. I have permission to regular send them new offers and zero cost. And it was a total time investment of 2 minutes.
I’m sold, you should be too. Go here and start getting 50 leads a minute onto your list.
Regards,
Damian Driessen
P.S. I love making the best use of my time.