Matt Levenhagen Blog Post (Reprinted with Permission):
I dumped about 6 campaigns these last few days. Some were just duds and wasting space (no clicks etc)… others I felt I had spent enough. One I had made a sale early, but then I spent twice the commission to try and make another!
Now in the next few days I will replace those 6 with 6 more… all different products and different markets.
Out of those 6 hopefully I’ll get one winner.
I’m in a constant state of failure. BUT the winners stick. It’s kind of like a plant or tree I suppose. You water it. Watch it grow… but periodically you prune it… cut off some of the straglers & branches that don’t conform and let new buds imerge…
Maybe the new buds will work better or they’ll be chopped off during the next pruning and trimming…
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I’m a salesman. I’ve been in sales for almost 15 years. I’ve sold all kinds of things over the years.
The product that will illustrate this best was when I was selling Life Insurance full time. Mortgage Life to be exact. I did very well at it, but I phased it out to pursue my online biz…
Life insurance…
I worked off of leads that were received from people that were interested in Mortgage insurance. The lead company I worked with would send out millions of forms people could fill out to get a quote.
Out of those millions they got about 1 or 2% back…
I would recieve 10-15 of those per week.
I would sit down at my phone and call those… some would pile up from weeks previous so I was always working on 30, 40 or 50 leads at a time.
THIS WAS a PURE numbers game.
I knew if I made a 100 calls per week. A 100 attempts at reaching people… I knew I would set 7-8 appointments per week.
Out of those 7-8 appointments I might actually only see 4-5 because of cancellations and reschedules.
Out of those 4 or 5 I would write on average 5 policies… (One household I might write 2 or 3 policies)
If the average premium was $2000, I made 80-90% up front commissions…
So I could make 8-9000 per month… Now some of that would go towards paying for the leads. Leads cost $14 a piece.
PURE NUMBERS…
As long as I repeated that process every week, my paychecks remained level. Some months I would or could do even better.
Adwords in my mind is no different. It’s all based on time and energy and activity to achieve a result.
Continue the process and you will break through and get a big winner periodically.
But the secret is, even when you have an unbelievable month or you are making more money than you have in your life… the secret is to continue the process. Don’t get comfortable. Otherwise, you will certainly stagnate and wonder where your commissions went that you were making months ago.
Sorry so long everyone.
I can really feel all of your frustrations because I’ve been there. Now it’s not so bad because I have a stream of income and it lessons the blow etc…
You’ll get there to if you keep that “stick to it” attitude no matter what.
The best salesmen look at the process this way. They embrace and learn to love the “no’s”…. Because they know that each “no” means they are one step closer to the “yes”.
Each campaign that fails should make say, “YES! I’m one failure closer to a success!!”
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WorkAtHomeTruth has a review of Matt Levenhagen’s Campaign Blasts Method here.
