Daniel J. Lewis

Internet entrepreneur, award-winning podcaster, podcast consultant, keynote speaker

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Review of Jeff Walker’s Launch book and Product Launch Formula

September 5, 2014 by Daniel J. Lewis 2 Comments

If you make any kind of product, I highly recommend Jeff Walker's book [bl id=”1443″]Launch: An Internet Millionaire's Secret Formula To Sell Almost Anything Online, Build A Business You Love, And Live The Life Of Your Dreams[/bl]. This guides you through his perfected Product Launch Formula® to launch products well.

I'm in the information business. I create training products, one-on-one consulting, group courses, and software services for podcasters. Ray Edwards highly recommended [bl id=”1443″]Launch[/bl], and I knew that I wanted to launch products better. So I purchased the book and read it in a couple weeks.

Jeff Walker's story is amazing—almost too amazing to believe. But like everyone else, Jeff started with little or no influence. His Product Launch Formula has helped others launch more than $500 million in sales, and he has made millions off his own product launches following the formula he figured out.

This is not magic, luck, or “get rich quick” fluff. I'm very alert to that kind of stuff and I strongly avoid it. (Sometimes, I think I resist it so much that I also resist legitimate, proven marketing strategies, to my own hurt.) [bl id=”1443″]Launch[/bl] contains stories of people who got their start with a meager $1,600 product launch all the way up to more than a million dollars in a launch.

The first thing you have to know is that influence is the most important factor. Influence is divided into two sides: how many people you reach and how well you can inspire them to take action.

Yes, product launch successes rely heavily on numbers. But before you have a massive following, you have to start your momentum somewhere. We all started with zero!

Jeff Walker's Product Launch Formula, as presented in his [bl id=”1443″]Launch book[/bl], is simple and effective.

  1. Build an email list. Offer an incentive like a free report, ebook, video, or autoresponder series. I recommend Aweber or MailChimp for email lists.
  2. Provide valuable content before your launch. In a series of emails, address both a problem and its solution. Each “prelaunch content” is an opportunity to build trust, authority, anticipation, reciprocity, and other “social triggers” (I'll mention in a moment).
  3. Launch with urgency and bonuses. After building up enthusiasm for your product, launch it with extras that early buyers can appreciate, and make the launch offer expire at some point.

That's my quick summary of Jeff's Product Launch Formula. It makes total sense and I think presents more value and builds better relationships that simply launching and announcing a product's availability.

This all works because of “social triggers.” These are psychological things that inspire us to take action on something. Jeff covers several in Launch, and several more in his Product Launch Formula course . Here are just a few to give you the idea.

  • Trust—By creating valuable content that isn't focused on selling something, your audience will begin to trust you.
  • Authority—When you consistently create content that is accurate and helpful, you become respected as an authority and influencer on the subject.
  • Reciprocity—Following the Product Launch Formula, you're giving away great information for free. If that content helps or entertains your audience, they'll feel more like reciprocating when they have an opportunity.

Jeff discusses many more, and the relationships between each of them, in his book [bl id=”1443″]Launch[/bl].

I know a big object you may raise, and I did, too, “He has this success because he has a big email list already.” It's certainly true that the larger your following, the more leverage you have for bigger action and thus more profitable launches. But Jeff Walker's Launch book and Product Launch Formula course also explain the idea of a “Seed Launch”—launching something with no list and not even a product!

  1. Build an email list, even if it's tiny. I recommend Aweber or MailChimp.
  2. Ask your list what they want to know about the subject your product will address.
  3. Answer their questions in a series of messages.
  4. Expand on the answers to develop the product.
  5. Launch!

It's brilliant! You're taking your current knowledge, discovering the needs and wants of your audience, finding ways to meet those needs and wants, and then providing the solution in a relevant product you can launch to an audience that already needs and wants it.

Each chapter of [bl id=”1443″]Launch[/bl] starts with a story of someone's launch. These stories are inspiring and relatable. There are stories of people with barely any money but a great idea, people launching new businesses, and already-successful people expanding their reach with something new.

I have plenty of highlights of actionable items, powerful paradigm shifts, and effective reminders throughout my copy of [bl id=”1443″]Launch[/bl]. I plan to use this formula for my upcoming podcasting products and services.

Jeff Walker's Product Launch Formula isn't just about dollars, either. It's about building momentum that will lead you from success to success. Yes, you'll have failures, as Jeff has, too. But failures are easier to overcome when you already have momentum—even from small successes.

I think that Product Launch Formula can work even outside the world of launching products. You could easily use the same strategies to launch a podcast, a conference, a community group, a fundraiser, a new blog or website, and more.

I highly recommend Jeff Walker's [bl id=”1443″]Launch book[/bl] and, by extension, his Product Launch Formula course.

Did you read [bl id=”1443″]Launch[/bl]? What did you think and how are you planning to implement the strategies?

Filed Under: Business Tagged With: Aweber, business, email list, Jeff Walker, Launch, MailChimp, marketing, PLF, Product Launch Formula, products

How to use Amazon tracking IDs to measure separate affiliate income

August 29, 2014 by Daniel J. Lewis 29 Comments

Amazon associates affiliate page

If you have multiple websites, you should track each site's affiliate income separately with Amazon tracking IDs. Here's how, plus helpful WordPress plugins

This assumes you already have an Amazon Associates account.

Why separately track Amazon.com affiliate earnings?

If you try to monetize multiple websites—blogs, podcasts, communities, and such—then you need to see how each site is performing. Is your personal blog earning any money from its affiliates? Do people buy your recommendations from your podcast?

When you look at your Amazon.com affiliate report or see the payout, you will initially have no idea what earned that income. With separate Amazon tracking IDs for each site, you could segment your earnings easily and automatically.

Why not create separate Amazon affiliate accounts?

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The more sales you refer, the higher your Amazon.com commission rate goes. You start at 4% and can earn as much as 8.5% in most categories, based solely on the number of products you sell through your affiliate links. (You earn commissions from any product someone buys after visiting your link, even if it's not the product you recommended.)

If you have ten websites each with their own Amazon.com affiliate accounts, then each website needs to refer enough volume in order to reach higher commission rates.

Separate accounts also mean logging in and out of Amazon.com in order to track each account's performance. This becomes even more cumbersome if you use international Amazon affiliate programs (like Canada, United Kingdom, and others).

But it's entirely possible and easy to use a single Amazon.com affiliate account (one per country) to track multiple sites. When you do this, the sales volume from each site contributes to your total sales volume, and can potentially bump you into higher referral rates. (I average a 7% referral rate from most of my sites.)

All you need to do is create separate Amazon tracking IDs.

How to create Amazon tracking IDs

Add Amazon Tracking IDs

  1. Login to your Amazon.com (or other Amazon domain) affiliate account.
  2. In the upper-left corner, under the logo, click “Manage” next to “Tracking ID.”
  3. You'll see a list of all your tracking IDs here. Click “Add Tracking ID.”
  4. Enter the ID you want to use. I recommend your domain without the “.com” or similar. If you're making similar tracking IDs for the separate international Amazon affiliate stores, then I suggest adding the Amazon's top-level domain (TLD, the “.com,” “.ca,” “.es” part). For example, my USA affiliate idea for my personal blog is “danieljlewis”; for Canada, it's “danieljlewisca”; for the United Kingdom, it's “danieljlewisuk”; and so on. Amazon will add the appropriate “-20” or similar number.

It doesn't cost anything to make extra tracking IDs. Income from all of your separate tracking IDs contribute to your core affiliate earnings, so you may earn a higher commission rate.

How to create Amazon affiliate links with separate tracking IDs

When you have your separate Amazon tracking IDs created, you can select it from the Amazon associates page, or when you create a link with the Associates toolbar on the main Amazon site.

Amazon associates toolbar

To confirm that you're using the right tracking ID, look for “tag=AFF_ID-20” in your embed code or link URL. Where “AFF_ID” is your tracking ID. This is what you would change if you need to fix old URLs or accidentally used the wrong ID in a new URL.

Making easy Amazon affiliate links in WordPress

For even more power and faster affiliate-link creation on WordPress, I recommend EasyAzon Pro and Fresh Bundle Master. Watch my video, from The Audacity to Podcast, to learn more about setting up and using these powerful plugins.

How to track separate affiliate earnings

After you have your separate tracking IDs created and implemented across your properties, you can start tracking the separate earnings in your Amazon affiliate account.

To view separate tracking ID performances together

Amazon tracking ID affiliate report

  1. Login to your Amazon affiliate account.
  2. Go to “Reports” > “Tracking ID Summary Report.”
  3. The report defaults to “Yesterday,” but you can select a different time period.

To view separate, detailed reports

Amazon associates tracking ID selection

  1. Login to your Amazon affiliate account.
  2. View any report.
  3. In the upper-left corner, under the logo, select the tracking ID you want to view.
  4. Just below the previous step, uncheck “Combine reports” (this option is only visible on a report page).
  5. View the homepage or any report you want to see just the tracking ID's performance.

To combine all tracking IDs in reports

  1. Login to your Amazon affiliate account.
  2. View any report.
  3. In the upper-left corner, under the logo, check “Combine reports” (this option is only visible on a report page).
  4. View the homepage or any report and you'll see all tracking IDs combined.

Look for this feature with other affiliate programs

Many other affiliate programs, such as Commission Junction, allow you to set similar tracking IDs. They may be called websites, campaigns, or something else.

Filed Under: Business, Money, Technology Tagged With: affiliates, Amazon.com, EasyAzon Pro, Fresh Bundle Master, WordPress, WordPress plugins

5 ways to save money traveling

August 22, 2014 by Daniel J. Lewis Leave a Comment

Photo Credit: ljcybergal via Compfight cc

Travel can be both fun and tiring. But don't let it be financially stressful! Here are five easy ways to save money traveling.

As an entrepreneur, I now get to travel and speak a more conference, which I absolutely love doing! Contact me if you'd like to have me speak at your event!

But travel can be expensive and I choose to live frugally. So here the five tips I use when traveling for business or pleasure.

1. Plan ahead

Winston Churchill said, “He who fails to plan is planning to fail.” The less time you have to plan your trip, the less money you can potentially save.

Use flight and hotel pricing tools like Kayak or [bl id=”1121″]Hotels.com[/bl]. But even better, check with your credit card company's website, as you may get bonus cash-back points for using their affiliate link. For example, I use separate Chase rewards Visa cards for my personal expenses and business expenses. Chase offers up to 500% more reward points (on top of the 1% baseline) for certain affiliates. That's a potential 6% savings!

Additionally, mobile apps can help you optimize your travel experience. For example, check gas price on your automobile travel route with Waze or GasBuddy and know where you should stop to fill up at the best prices.

Savings: $200 or more

2. Buy groceries instead of dining out

Food is usually the third biggest expense for traveling, after transportation and lodging. Dine out while traveling and you could easily spend $50 per day per person!

When my wife, Jenny, and I attended New Media Expo in Las Vegas, we got on Google Maps and found local grocery store. A quick (and fun) shopping trip resulted in more groceries than we would actually eat, but for less than the cost of eating out in a single day! We shopped at 99 Market, which is an Asian grocery store, so we found lots of exciting things to try. We ended up saving a couple hundred dollars during our one-week stay.

Another benefit to buying groceries instead of dining out is that we ate a lot healthier. Instead of fattening and oversized meals and drinks, we had fresh fruits, salads, and breads.

Savings: $40 per day

3. Pack light and bring carry-ons instead of checked luggage

Checked luggage is now a luxury on most flights and could easily cost $50 per person roundtrip! Now, I travel as light as possible and fit everything into a carry-on and laptop bag.

I know this one could be a lot more challenging for ladies, as they have more needs. But I don't think it would be impossible.

Guys, an easy way to do this is to bring enough pants to wear three days at a time, a T-shirt for every day, and a dress shirt (for business casual needs) for every two days. If you're attending a conference where T-shirts may be handed out, take a risk and plan to wear a provided T-shirt.

Here's the clothing I pack when I travel for a week (six nights).

  • One pair of shoes
  • Seven pairs of socks
  • Seven pairs of underwear (no reversing here!)
  • Four T-shirts (I assume I'll get two free while I'm there)
  • Two pairs of pants
  • Three dress shirts

Another step to packing light could be in the devices you bring. I have a 17″ MacBook Pro that requires a carrying case, power adapter, and mouse. But I can reduce this to an iPad with Bluetooth keyboard (I recommend the [easyazon_link asin=”B00EZ9XGE4″ locale=”US” new_window=”default” nofollow=”default” tag=”danieljewls-20″ add_to_cart=”default” cloaking=”default” localization=”default” popups=”default”]Logitech Ultrathin Keyboard Cover[/easyazon_link] or the [easyazon_link asin=”B00EOE4G4E” locale=”US” new_window=”default” nofollow=”default” tag=”danieljewls-20″ add_to_cart=”default” cloaking=”default” localization=”default” popups=”default”]Belkin QODE Ultimate Wireless Keyboard and Case[/easyazon_link] for any kind of iPad).

Savings: $40–$50

4. Use an airport shuttle instead of a taxi

Taxis are expensive, especially in traffic. Find out if your lodging provides its own airport shuttle. If not, make reservations with the local shuttle service. You can usually find a quick trip for less than half the cost of a taxi.

Visit RetailMeNot.com ahead of time to find a coupon code and reserve your shuttle online to save a few more dollars.

Savings: $25

5. Walk instead of riding

You may have some leisure time to explore the area. Some hotels provide free roundtrip transportation to local attractions, which can save your legs and money. But for everything else, try to resist taking a taxi or other paid transportation!

If the weather is bearable and it's safe for you to walk, get your blood pumping and your legs moving!

This will not only save the taxi fare, but it will also keep your energy levels and health higher as you probably spend most of the day sitting.

Savings: $10 per day

How do you save money traveling?

Please comment with how you save money traveling. I'd love to see your ideas!

Filed Under: Business, Family, Money Tagged With: money, saving, travel

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