| 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 $1,280 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.carsecrets.com/ 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
"re-invent 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 6 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.
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