WEBVTT

00:00.110 --> 00:04.940
So in this lecture, we're going to talk about your content plan so that you can drive free traffic

00:04.940 --> 00:06.810
without getting overwhelmed.

00:06.830 --> 00:13.070
But before we start, and really, just as a recap, keep in mind that free traffic is difficult to

00:13.070 --> 00:13.460
scale.

00:13.460 --> 00:15.080
I think you can see that now.

00:15.080 --> 00:22.610
It's also not a huge traffic source, but it is essential for understanding your ideal customer and

00:22.610 --> 00:26.870
it will give you your first sales, which makes it the perfect start.

00:26.900 --> 00:29.980
Notwithstanding, of course, that above all, it is free.

00:29.990 --> 00:33.950
So in terms of your first sales, what revenue could you expect?

00:33.980 --> 00:40.040
Well, let's remember that the traffic that is coming to your store is targeted warm traffic, meaning

00:40.040 --> 00:44.840
that the people who are visiting already know something about you because you have been posting within

00:44.840 --> 00:45.980
their communities.

00:45.980 --> 00:51.890
And that means that the conversion rate can be up to 10% or in other words, by example, if we were

00:51.890 --> 00:56.390
to send a hundred visitors to the store, up to ten of them could possibly buy.

00:56.420 --> 00:58.880
By comparison, if we were sending cold traffic.

00:58.880 --> 01:03.900
In other words, somebody who knows nothing about you or indeed nothing about your store, we might

01:03.900 --> 01:09.420
expect a conversion rate of only 1%, meaning that if we send 100 people to the store, only one of

01:09.420 --> 01:09.990
them would buy.

01:09.990 --> 01:13.200
So we have potentially a very high conversion rate.

01:13.200 --> 01:16.740
So let's imagine that we send 1000 visitors to the store.

01:16.770 --> 01:20.550
That's 30 visits per day, which is not a huge amount.

01:20.580 --> 01:25.920
We could expect possibly a profit of 1 to $2000 per month.

01:25.920 --> 01:27.510
So how did I calculate that?

01:27.510 --> 01:31.050
Well, 1000 visitors will result in 10% of sales.

01:31.050 --> 01:32.760
So a hundred sales.

01:32.760 --> 01:37.200
And each of those sales could generate a profit of between 10 and $20.

01:37.200 --> 01:43.440
So 100 sales would therefore make 1 to $2000 profit per month, which I hope you would agree would be

01:43.440 --> 01:45.810
an amazing start to your business.

01:45.810 --> 01:50.280
But to make that happen, we need to plan carefully to avoid overwhelm.

01:50.280 --> 01:52.080
We need a content plan.

01:52.080 --> 01:54.990
And this really is a very, very basic.

01:55.020 --> 02:01.170
What you should do is simply start with one community, get to master that community, make posts within

02:01.170 --> 02:07.800
it and respond to other people with your value post, and most of all, use it to really start to understand

02:07.800 --> 02:09.210
your ideal customer.

02:09.210 --> 02:13.290
And as a reminder, you remember this table from several lectures ago.

02:13.290 --> 02:15.660
This is what you want to be able to complete.

02:15.690 --> 02:18.600
You want to be able to understand their gender and their age.

02:18.600 --> 02:23.100
Where do they live, what services they like, and crucially, what products do they like?

02:23.100 --> 02:28.740
All this information is going to help you really understand the sort of person visiting your site and

02:28.740 --> 02:30.750
the products that they are going to buy.

02:30.750 --> 02:35.250
Remember, I think I said this many lectures ago, but at the end of the day, business is actually

02:35.250 --> 02:36.240
quite simple.

02:36.240 --> 02:41.160
What you're trying to do is match the perfect customer with the perfect product.

02:41.160 --> 02:46.350
If you can bring those two things together, you will have an incredible business and understanding

02:46.350 --> 02:52.470
your ideal customer is a crucial part of that, which is why I spend so much time emphasizing it.

02:52.470 --> 02:56.850
And then once you've got comfortable with your first community, you want to move to other communities.

02:56.850 --> 02:59.820
But there's no reason to have more than 3 or 4.

02:59.820 --> 03:04.470
You really don't need to get involved with every single community that I showed you in the last couple

03:04.470 --> 03:05.220
of lectures.

03:05.220 --> 03:10.290
And then in terms of the amount of time that you want to be spending, try to spend up to 15 minutes

03:10.320 --> 03:11.940
a day per community.

03:11.970 --> 03:15.930
Now, in the beginning, because you're learning a new skill, it might take you longer than that,

03:15.930 --> 03:18.270
but ultimately that should be your goal.

03:18.270 --> 03:22.770
And your other goal should be to try and make one blog post per week.

03:22.770 --> 03:25.590
And that also shouldn't be too time consuming.

03:25.590 --> 03:29.250
As I've indicated before, you can get your ideas from within your community.

03:29.250 --> 03:34.560
The sorts of things they talk about will give you amazing blog post ideas and then using things like

03:34.560 --> 03:41.010
Chatgpt, you can create content very easily and then obviously you want to keep refining your ideal

03:41.010 --> 03:41.520
customer.

03:41.520 --> 03:47.370
You want to keep looping back to that table until you're satisfied you understand exactly who they are.

03:47.400 --> 03:52.590
So once you've got this process going and it's really become part of your business, when should you

03:52.590 --> 03:53.220
stop?

03:53.220 --> 03:54.870
Well, possibly never.

03:54.870 --> 03:56.610
You could carry on doing this forever.

03:56.610 --> 04:03.210
I mean, at the end of the day, if it's generating 1 to $2000 profit per month with free targeted traffic,

04:03.240 --> 04:05.670
then that might achieve your financial goals.

04:05.670 --> 04:11.460
But we are going to be looking at other traffic techniques, those that are low cost and also paid.

04:11.460 --> 04:13.110
And that's where you get to scale.

04:13.110 --> 04:17.280
That's where you get to massively increase the amount of sales on your site.

04:17.280 --> 04:22.440
So there might come a time when those low cost or paid traffic methods dominate.

04:22.440 --> 04:28.650
In other words, you're getting, say, 95% of your sales from those techniques and only 5% from free

04:28.650 --> 04:29.880
traffic at that point.

04:29.880 --> 04:33.330
Spending time within communities may make less sense.

04:33.330 --> 04:38.640
But whatever you do, please don't stop until you understand who your ideal customer is.

04:38.640 --> 04:40.290
So what's next?

04:40.290 --> 04:45.150
Well, because at this point, because you now have revenue coming into your business, if you like,

04:45.180 --> 04:50.880
you can reinvest that money into the next step, which are low cost traffic techniques, which done

04:50.880 --> 04:53.820
correctly will take your business to the next level.

04:53.820 --> 04:57.150
So let's have a look at all of those in the next section.
