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These are the user uploaded subtitles that are being translated: 1 00:00:00,150 --> 00:00:05,600 ‫So this is going to be the last lecture in this series of free traffic strategies. 2 00:00:05,610 --> 00:00:10,980 ‫And what I've done here, I hope what you can see is that I've given you what I consider to be, in 3 00:00:10,980 --> 00:00:14,610 ‫my experience, the most effective traffic sources. 4 00:00:14,610 --> 00:00:16,710 ‫There are, of course, other traffic sources. 5 00:00:16,710 --> 00:00:20,550 ‫One can immediately think of Instagram or YouTube or perhaps Snapchat. 6 00:00:20,550 --> 00:00:21,480 ‫There are many. 7 00:00:21,480 --> 00:00:23,970 ‫And as I said before, they keep on popping up. 8 00:00:23,970 --> 00:00:25,890 ‫I mean, traffic is such a huge subject. 9 00:00:25,890 --> 00:00:27,570 ‫It's very much a moving target. 10 00:00:27,570 --> 00:00:32,910 ‫But the ones that we focused on, we initially started with collecting the emails and no, we haven't 11 00:00:32,910 --> 00:00:35,160 ‫talked about that specifically, but we will do in a bit. 12 00:00:35,160 --> 00:00:37,020 ‫You're going to see how useful that is. 13 00:00:37,020 --> 00:00:43,770 ‫So collecting the emails, we then talked about Facebook, Quora, Reddit, starting your own blog and 14 00:00:43,770 --> 00:00:46,080 ‫that group of traffic sources. 15 00:00:46,080 --> 00:00:50,760 ‫While there are others, that specific group of traffic sources that we've been looking at generates 16 00:00:50,760 --> 00:00:53,850 ‫an incredible free traffic opportunity. 17 00:00:54,180 --> 00:00:57,270 ‫But what actually is possible? 18 00:00:57,270 --> 00:01:02,460 ‫What could we actually expect from these free traffic sources, both in terms of the amount of traffic 19 00:01:02,460 --> 00:01:05,100 ‫and then, of course, ultimately sales? 20 00:01:05,100 --> 00:01:10,170 ‫Well, it is, of course, very difficult to summarize because everybody's experience will be different. 21 00:01:10,170 --> 00:01:13,020 ‫And I am definitely not one to hype things up. 22 00:01:13,030 --> 00:01:13,240 ‫Okay. 23 00:01:13,320 --> 00:01:16,590 ‫That's no way to build a business or to teach you how to build a business. 24 00:01:16,710 --> 00:01:21,690 ‫But you might realistically expect, not in the first instance, but after a little bit of time, you 25 00:01:21,690 --> 00:01:25,740 ‫might realistically expect perhaps 1000 visitors a month. 26 00:01:26,070 --> 00:01:29,820 ‫That should be totally doable across those traffic sources. 27 00:01:29,820 --> 00:01:34,620 ‫You may well get more, but let's just focus on a thousand visitors a month. 28 00:01:34,620 --> 00:01:37,830 ‫Now, you can see here as well, I've written warm traffic. 29 00:01:37,980 --> 00:01:39,150 ‫So what does that mean? 30 00:01:39,150 --> 00:01:43,620 ‫Well, it means that the traffic that's going to come to your store already kind of knows about you 31 00:01:43,620 --> 00:01:48,720 ‫to a certain extent, particularly with the attraction marketing techniques I taught you and the blog 32 00:01:48,720 --> 00:01:50,190 ‫and your Pinterest pins. 33 00:01:50,190 --> 00:01:54,270 ‫By the time they get to the store, they know like and trust you a little bit. 34 00:01:54,270 --> 00:01:55,710 ‫It's warm traffic. 35 00:01:55,710 --> 00:02:01,500 ‫They're already kind of fairly inquisitive and possibly ready to buy, and that means that your conversion 36 00:02:01,500 --> 00:02:05,100 ‫rates will be higher than pure cold traffic. 37 00:02:05,340 --> 00:02:10,740 ‫So for really cold traffic, we typically go for something like 1%, but for warm traffic, you can 38 00:02:10,740 --> 00:02:13,980 ‫typically consider 5% as being realistic. 39 00:02:14,280 --> 00:02:19,920 ‫So if we have a thousand visitors coming to our store, it's possible we would then get 50 sales. 40 00:02:19,920 --> 00:02:25,290 ‫And given that you're not spending any money on traffic, you have a very high profit margin and you 41 00:02:25,290 --> 00:02:29,190 ‫should be able therefore to achieve around $20 per sale. 42 00:02:29,520 --> 00:02:35,730 ‫So 50 sells at $20 per sale is $1,000 a month just from free traffic. 43 00:02:35,730 --> 00:02:37,620 ‫And as I say, it could go higher. 44 00:02:37,620 --> 00:02:43,050 ‫So you could if you wanted to stop right here, at least in terms of your traffic strategy and basically 45 00:02:43,050 --> 00:02:51,030 ‫use free traffic exclusively, or you might want to consider reinvesting those profits back into the 46 00:02:51,030 --> 00:02:55,440 ‫store to take you to the next stage so that we can further grow the business. 47 00:02:55,560 --> 00:03:01,080 ‫One thing I would say about free traffic, it is an incredible source, but I think I said this before 48 00:03:01,080 --> 00:03:02,250 ‫as well in a previous lecture. 49 00:03:02,250 --> 00:03:06,390 ‫It is quite difficult to scale and the reason for that is because it's content driven. 50 00:03:06,390 --> 00:03:11,550 ‫You need to spend a lot of time on Facebook, on Reddit, on Quora, creating your blog, doing Pinterest 51 00:03:11,550 --> 00:03:13,620 ‫pins, etc. It's all possible. 52 00:03:13,620 --> 00:03:18,240 ‫It's entirely possible, but it is a little more difficult to scale because it does require quite a 53 00:03:18,240 --> 00:03:19,110 ‫lot of your time. 54 00:03:19,110 --> 00:03:24,180 ‫So if you want to scale further, if you want to get into multiple thousands per month, then you might 55 00:03:24,180 --> 00:03:29,520 ‫want to consider reinvesting what you got from your free traffic strategy into the next stage, which 56 00:03:29,520 --> 00:03:32,040 ‫is coming up, of course, in the next section. 57 00:03:32,040 --> 00:03:34,710 ‫But the whole thing is entirely up to you. 58 00:03:34,740 --> 00:03:38,820 ‫Whatever you feel most comfortable with is what you should be doing in the beginning. 59 00:03:38,820 --> 00:03:44,250 ‫But you can see already that you have a fantastic opportunity, purely with free traffic, to start 60 00:03:44,250 --> 00:03:46,110 ‫building an incredible business. 6407

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