I've watched countless online marketing videos and so far none of those marketers or "gurus" has come even close to how much value and quality content you offer for free, I love you and you have no fucking idea how much!!! so glad I found your channel.
Miles, another great teaching. I want to put an exclamation on what you taught here. I sold my company to Nightingale-Conant back in the '90s. As VP of business development at NC, we did this exact thing and called it "dry testing" ...sell a product you don't have and give the money back quickly. The key was to really sell and take the money. This was the only way you really knew there was an actual "hungry and paying" audience. (Also why focus groups don't usually work) This saved us literally hundreds of thousands of dollars and months of time chasing bad ideas down rabbit trails. It's just easier, faster and less expensive to do this today than ever before. Thanks again for the great reminder. Man, I so greatly appreciate how much you are giving of yourself! Thanks for being you! Grateful - Jon Bender
That is awesome confirmation, Jon! Appreciate the comment and great work selling to Nightingale-Conant... Their content has helped me so much through the years!
I've struggled for the last 7 months. Bought a "guru package", only to discover I was buying an "IKEA" version of the Online Business. And the instruction manual was so complicated and convoluted, you'd need to buy something else just to get the "inside information." No buyers remorse here. It just let me know you have to stay focused, work hard and persist! So here I am watching this video, and at the end I go, AHA! Miles,, thank you! I'm going to watch the other two video series, and then figure out how I get people to my opt-in page. This is good stuff. I'ma subscriber!
We all had to buy enough info products that left us hanging to get to the point where we got fed up, rolled up the sleeves and just started putting in the work... I went down that same path. Once we realize the 'shortcut' is putting in the work every day and ignoring all those emails, everything starts to click!
great stuff as always. I threw my hat over the fence and made an offer for coaching not knowing what the response would be and it was overwhelming. Now I have to get a funnel going.
Awesome! #CrunchTime - Rember... "Done is better than perfect" and this is simply a mechanism to get you there. You can always refine it along the way, but getting it up and live is such a big step! Keep me posted with your progress!!!!
okay i'm taking another moment here to write another comment because you give such great information in a concise and clear format. really, really good content. only thing i would say to complement this content is that different techniques will work for different people, so I like to say that people should consider a few approaches before going ahead, whether it's MVP first, or funnel first, or whatever. In any case, good stuff (Y)
Hi miles is this minimum viable funnel only applicable only if you have your own products to sell? Or can u still apply it if you want to sell other peoples product ( affliate marketing)?
Tremendous, Miles!!! Quick question though...how do you get an audience of even 10-20 people to just start and offer your "MVP" Minimum Viable Product through your "MVF", as in the blind membership site promise and what platform or where would you offer it? Don't want to over analyze junk but, instead, sort of take the "Fire, Aim, Ready" mindset that you elude to in another of your exceptional, value added videos. Thanks for your wisdom and thanks in advance for addressing this little inquiry. I appreciate any suggestions or examples you may offer folks like me.
you can pay through Facebook ads to get exposure, you can also create content and attract people from the search engines… I build on WordPress with the DIY sales funnel th-cam.com/video/YsUNFZhqkEA/w-d-xo.html
Thank you again for great info, I have a small storefront and have used your ideas to gain and retain customers. Have not even developed a website yet, but that is next. Only used FB and Instagram to target local audience. Great ROI!
Good day, Miles I've been watching your videos, and it's really helping me. I don't see the link for the funnel Opt-in...Your doing a good job. I would love to start make money online, and have my own online business. keep posting these excellent videos.
Hi Miles, Love your content and how much value you bring. Sorry I can't remember what video I commented under before but I was wondering after you find your niche, is the next stage creating your digital product? Was there a certain person you followed to create yours? Can you suggest anyone that would be great to model or who you did? There is so many great marketers out there, hard to know which one to model. Would love your insight. Thanks Miles, Nick
I AM LOVING YOUR VIDEOS. As your friends did, I'm launching a podcast documenting my journey as I solve a problem for myself and a large community of others like me. How would you suggest I test it? Should I find a product I would likely feature, build a sales page and run ads to it? or should I just build an opt - in page with an episode as the freebie? (These days, so many people sign up for freebies....and DO NOTHING.) The latter sounds more like an MVP than MVF. Not sure what I should do to get the most data. Heeeelp! Thanks in advance!
Using the opt in as your test is how I'd go about it.... For me on MilesBeckler.com I am on my 3rd different 'lead magnet' and this one is working really really well... Now through testing lead magnets I have several ideas of what doesn't work great and this one is what people truly want... From here I could build paid products, etc. that go deeper to the different parts. Check this video out if you haven't seen it yet... It can help you get all the ideas out and focus in on what can be a lead magnet (or a couple lead magnets) while still keeping room to create something you'd charge for, etc. th-cam.com/video/7AEG7wJLh6U/w-d-xo.html
Miles, thanks for another outstanding video! Question... what do you consider good sales numbers/ ratio for testing your minimum viable offer/ funnel? What kind of numbers do you consider "good validation data"? Would also like to ask... what is best resource you've found, for learning to write effective sales letters?
+Ron Williams 3% click through on the ad, 25% opt in rate 1.5% sales rate on the oto and 25% upsell conversion rate. That said, establish your personal baseline and improve, improve, improve.
Hi , I love your videos, to be honest, I'm a bit lost! I can't find a video for how to start on WordPress to start Marketing Arbitrage... thanks for the help
Hi Miles great video - I have bought KW Finder from your link, have done tons of keyword research and am currently taking your course. With this video a step seems to be missing. I don't understand how you can go from niche selection straight to sales letter & funnel without having content and traffic first. Are you saying that once you select your niche, you need to put up your WP site and write loads of content and THEN do the sales funnel to figure out how you are going to monetize? Thank you in advance.
if you have money to invest in paid ads you can go straight to the funnel… If you have time and not a large budget to invest in ads you use content marketing. Two paths to the same destination
+leo8505 That's a really smart move analytically... I'd tune in with your heart and see which one is more aligned with your passion... As having a nice you're passionate about makes everything easier in the long run.
Hi Miles. Love your material. However it seems to me that when your a total noobie, wont it be easier to sell someone elses product instead of making a sales letter + funnel + making a product + selling out the product. For me personaly, I would like to go into learning how to sing niche. Funny thing however, there are not really any magazines on magazines.com concerning personal singing. Only celebrity singing and gossip. Which im not really interested in. However on Clickbank there is a great advertisement about singing with high gravity. I now dont know how to target my best customer because I cant find the data about people who are interested in singing. Could you give me some advice.
Using Google I found at least three different magazines that are relevant to singing and vocalists... You are right that leveraging an affiliate relationship can speed up the time to market... Which is important! That would be like setting up a minimum viable funnel to test the idea first which is smart: th-cam.com/video/1cEzmc-_GCI/w-d-xo.html This tutorial shows how to set up one of those funnels all in video one www.milesbeckler.com/clickfunnels-alternative/
Very valuable video. Thanks for this Miles. Do you have a video on building your own fb page aligned with your niche? I suppose after the funnel, next thing to do is to start building this so you can market your product. Thanks!
Another awesome vid, sir. Question: Recommendation, if you have one, for learning copy? Should one focus strictly on reverse engineering already successful offers, or is there a specific book/course you think is essential? Thanks! :)
I've watched countless online marketing videos and so far none of those marketers or "gurus" has come even close to how much value and quality content you offer for free, I love you and you have no fucking idea how much!!! so glad I found your channel.
Happy we've connected Yash! Welcome to the party! :D
Miles, another great teaching. I want to put an exclamation on what you taught here. I sold my company to Nightingale-Conant back in the '90s. As VP of business development at NC, we did this exact thing and called it "dry testing" ...sell a product you don't have and give the money back quickly. The key was to really sell and take the money. This was the only way you really knew there was an actual "hungry and paying" audience. (Also why focus groups don't usually work) This saved us literally hundreds of thousands of dollars and months of time chasing bad ideas down rabbit trails. It's just easier, faster and less expensive to do this today than ever before. Thanks again for the great reminder. Man, I so greatly appreciate how much you are giving of yourself! Thanks for being you! Grateful - Jon Bender
That is awesome confirmation, Jon! Appreciate the comment and great work selling to Nightingale-Conant... Their content has helped me so much through the years!
I’m gonna be checking this out for sure! Thanks again, Miles!
I've struggled for the last 7 months. Bought a "guru package", only to discover I was buying an "IKEA" version of the Online Business. And the instruction manual was so complicated and convoluted, you'd need to buy something else just to get the "inside information." No buyers remorse here. It just let me know you have to stay focused, work hard and persist! So here I am watching this video, and at the end I go, AHA! Miles,, thank you! I'm going to watch the other two video series, and then figure out how I get people to my opt-in page. This is good stuff. I'ma subscriber!
We all had to buy enough info products that left us hanging to get to the point where we got fed up, rolled up the sleeves and just started putting in the work... I went down that same path. Once we realize the 'shortcut' is putting in the work every day and ignoring all those emails, everything starts to click!
great stuff as always. I threw my hat over the fence and made an offer for coaching not knowing what the response would be and it was overwhelming. Now I have to get a funnel going.
Awesome! #CrunchTime - Rember... "Done is better than perfect" and this is simply a mechanism to get you there. You can always refine it along the way, but getting it up and live is such a big step!
Keep me posted with your progress!!!!
okay i'm taking another moment here to write another comment because you give such great information in a concise and clear format. really, really good content. only thing i would say to complement this content is that different techniques will work for different people, so I like to say that people should consider a few approaches before going ahead, whether it's MVP first, or funnel first, or whatever. In any case, good stuff (Y)
Miles really impressive technique, surely will try asap.
This is really valuable. Thanks for sharing with us.
It is my pleasure
Outstanding teaching, Miles! Thanks very much!
Glad you enjoyed it Ron
Hi miles is this minimum viable funnel only applicable only if you have your own products to sell? Or can u still apply it if you want to sell other peoples product ( affliate marketing)?
Works for anything.
Tremendous, Miles!!! Quick question though...how do you get an audience of even 10-20 people to just start and offer your "MVP" Minimum Viable Product through your "MVF", as in the blind membership site promise and what platform or where would you offer it? Don't want to over analyze junk but, instead, sort of take the "Fire, Aim, Ready" mindset that you elude to in another of your exceptional, value added videos. Thanks for your wisdom and thanks in advance for addressing this little inquiry.
I appreciate any suggestions or examples you may offer folks like me.
you can pay through Facebook ads to get exposure, you can also create content and attract people from the search engines…
I build on WordPress with the DIY sales funnel th-cam.com/video/YsUNFZhqkEA/w-d-xo.html
wow, great video. you just gave me an idea of how i can test if a offline business idea i have if it will be viable or not. Thanks Miles
Awesome! Test first, prove it has a relatively good chance of working, then build the widgets! :D
The truth is in the data! Get real-world sales (and lead) data as fast (and as cheap) as you can to truly test your niche!
Thank you again for great info, I have a small storefront and have used your ideas to gain and retain customers. Have not even developed a website yet, but that is next. Only used FB and Instagram to target local audience. Great ROI!
Right on man! Is that a JK I'm seeing in the background of your profile pic? :)
Its a six wheel Jeep, I seen in Henderson, Nevada. Never seen one before, so I snagged this pic.
Those things are nuts... good call snapping that picked when you saw it. Haven't seen one yet not sure of all love it or what
Gratitude Miles...
Good day, Miles I've been watching your videos, and it's really helping me. I don't see the link for the funnel Opt-in...Your doing a good job. I would love to start make money online, and have my own online business. keep posting these excellent videos.
Hi Miles, Love your content and how much value you bring. Sorry I can't remember what video I commented under before but I was wondering after you find your niche, is the next stage creating your digital product? Was there a certain person you followed to create yours? Can you suggest anyone that would be great to model or who you did? There is so many great marketers out there, hard to know which one to model. Would love your insight. Thanks Miles, Nick
Excellent ideas Miles
I AM LOVING YOUR VIDEOS. As your friends did, I'm launching a podcast documenting my journey as I solve a problem for myself and a large community of others like me. How would you suggest I test it? Should I find a product I would likely feature, build a sales page and run ads to it? or should I just build an opt - in page with an episode as the freebie? (These days, so many people sign up for freebies....and DO NOTHING.) The latter sounds more like an MVP than MVF. Not sure what I should do to get the most data. Heeeelp! Thanks in advance!
Using the opt in as your test is how I'd go about it.... For me on MilesBeckler.com I am on my 3rd different 'lead magnet' and this one is working really really well... Now through testing lead magnets I have several ideas of what doesn't work great and this one is what people truly want... From here I could build paid products, etc. that go deeper to the different parts.
Check this video out if you haven't seen it yet... It can help you get all the ideas out and focus in on what can be a lead magnet (or a couple lead magnets) while still keeping room to create something you'd charge for, etc. th-cam.com/video/7AEG7wJLh6U/w-d-xo.html
Thanks Miles. I'm on it!
Miles, thanks for another outstanding video!
Question... what do you consider good sales numbers/ ratio for testing your minimum viable offer/ funnel?
What kind of numbers do you consider "good validation data"?
Would also like to ask... what is best resource you've found, for learning to write effective sales letters?
+Ron Williams 3% click through on the ad, 25% opt in rate 1.5% sales rate on the oto and 25% upsell conversion rate.
That said, establish your personal baseline and improve, improve, improve.
Hi , I love your videos, to be honest, I'm a bit lost! I can't find a video for how to start on WordPress to start Marketing Arbitrage... thanks for the help
search for my DIY sales funnel video series
@@MilesB thank you!!
one of best thing i have ever done in youtube is the day when i watched your videos first time.
Hi Miles great video - I have bought KW Finder from your link, have done tons of keyword research and am currently taking your course. With this video a step seems to be missing. I don't understand how you can go from niche selection straight to sales letter & funnel without having content and traffic first. Are you saying that once you select your niche, you need to put up your WP site and write loads of content and THEN do the sales funnel to figure out how you are going to monetize? Thank you in advance.
if you have money to invest in paid ads you can go straight to the funnel… If you have time and not a large budget to invest in ads you use content marketing. Two paths to the same destination
@@MilesB Thank you! BTW you already are the best in the world :)
This is Gold, I love it :D
:D
Thanks Myles! Do you have anything on how to create a piece of content or report? Thanks again!
Here's one : th-cam.com/video/7AEG7wJLh6U/w-d-xo.html
This is where I needed to start
glad you found this one… He sure this leads into the minimum viable funnel video… If not, watch that too!
I concluded my evening with that video at 2:31AM :) Will be setting up funnels for two niches and will let data show which one wins.
Would you recomend testing 2 different niches at the same time to see which one is taking off faster, then scale the better one?
+leo8505 That's a really smart move analytically... I'd tune in with your heart and see which one is more aligned with your passion... As having a nice you're passionate about makes everything easier in the long run.
Miles Beckler thanks bro!
Thank you.
I'm on it!
Great things happen for those who take action!
Hi Miles. Love your material. However it seems to me that when your a total noobie, wont it be easier to sell someone elses product instead of making a sales letter + funnel + making a product + selling out the product. For me personaly, I would like to go into learning how to sing niche. Funny thing however, there are not really any magazines on magazines.com concerning personal singing. Only celebrity singing and gossip. Which im not really interested in. However on Clickbank there is a great advertisement about singing with high gravity. I now dont know how to target my best customer because I cant find the data about people who are interested in singing. Could you give me some advice.
Using Google I found at least three different magazines that are relevant to singing and vocalists...
You are right that leveraging an affiliate relationship can speed up the time to market... Which is important!
That would be like setting up a minimum viable funnel to test the idea first which is smart: th-cam.com/video/1cEzmc-_GCI/w-d-xo.html
This tutorial shows how to set up one of those funnels all in video one www.milesbeckler.com/clickfunnels-alternative/
Very valuable video. Thanks for this Miles. Do you have a video on building your own fb page aligned with your niche? I suppose after the funnel, next thing to do is to start building this so you can market your product. Thanks!
Follow up question if I may, do you also teach how to create a lead magnet? Many thanks in advance!
Just search the channel! Here is the lead magnet one: th-cam.com/video/SlisjEdEybQ/w-d-xo.html
out standing... thanks
Glad you liked it Bill!
Another awesome vid, sir. Question:
Recommendation, if you have one, for learning copy? Should one focus strictly on reverse engineering already successful offers, or is there a specific book/course you think is essential? Thanks! :)
I study the old books by Caples, Schwartz, Halbert, etc. The old direct mail stuff!!!
Haha that's awesome! So happy to hear the classics never really die. Thanks bud. Just opted in on your new list BTW. Exciting stuff! :)
Much love your chanel Miles :)
:D
please miles can you tell me how I can measure my funnels because thats a good idea test my niche with funnels (still using cf for now)
I use google analytics and Facebook's pixel : th-cam.com/video/RMiHF93zv6A/w-d-xo.html