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What the heck is Web 2.0 and Social Networks anyways?

Well Web 2.0 actually is a phrase that was coined in 2004 referring to a second generation of Internet-based services that were being birthed at the time--such as the social networking site Myspace and Facebook --that emphasize online collaboration and sharing among users.

For sure many people have different definitions of exactly what Web 2.0 means to them. But for the sake of this discussion I'm defining Web 2.0 as -- the paradigm shift that takes place when an individual quits looking out for their own good and instead starts looking out for the good of the network (including their prospects) they belong too.

Let me give an example of what I mean:

Web 1.0 Example -- A marketer needing sales sends totally unsolicited e-mails to a group of prospects he has no prior relationship with. In the process he makes a few sales but ends up totally alienating himself with 99.5% of the list. As a result that marketer trades any chance of future growth away in exchange for a few quick sales.

Web 2.0 Example -- That same marketer needing sales sends an email to the members of his network stating he is available for brainstorming that evening in the social network he shares with them. In doing so 25 members of his network join him in the sharing of ideas on how they can assist the other members of the network with their services. In doing so the marketer learns 7 of the 25 members of the network have an immediate need for his service. As a result that marketer earns a few sales but builds a platform in which he can continue growing his business far into the future. Plus he sets up a new joint venture with another member of the network making him untold amounts of money in the future.

I can share a million different examples but what everything boils down to is this -- in order to achieve maximum success in life you will need a very large network of individuals watching your back. In order to build this network you will have to interact with others in a way that shows them the value of being involved in your network. Which means you will at first have to give out more than you take in.

But don't worry! Making money in a Web 2.0 environment is extremely easy!

Web 2.0 Rule #1 -- Build your network in the precise presence of your prospects

Sounds like simple advice but don't you dare discount it. You simply can't afford to if you're looking to make good money on the Internet. Too many people are building their businesses away from where their prospects are. Which always leads to failure.

The old Web 1.0 way to reach prospects included expensive websites, even more expensive search engine optimization or pay per clicks. I know this because I have sold those same services to clients for the last dozen years. So I know Web 1.0 unlike anybody else.

But those days are gone forever. Now I only recommend one tool. And that's a free Sta.rtup.biz account.

Sound awesome? It most certainly is.

The good news is Sta.rtup.biz is absolutely free to set up an account with them. And it's free to maintain as well. But best of all is that their network is full of like minded people looking for people just like you to network with.

After only a few short months in existence the network is already generating over a million page views a month. Do you know how many people it takes to generate that kind of traffic?

Building your network on Sta.rtup.biz just makes sense!

Web 2.0 Rule #2 -- Build an opt-in list to be able to effortlessly communicate with your prospects.

Because an opt-in mailing list is always the nucleus of any successful marketing venture it is absolutely essential that you start building your own opt-in list as soon as you possibly can if you have any intention of becoming a full-time marketer.

Unless of course you aren't interested in effortlessly networking with future buyers of your product or service.

You might also not be interested in reaching your own magic e-number.

What you don't know what your magic e-number is?

Your magic e-number is determined by how many prospects you have to get opted-in to your list before you start grossing $1 Million in sales a year.

For some it was 10,000 prospects. Others it was 50,000.

Of course it depends on how much you make per commission. And how much energy you have in doing what it would take to gross a million a year. But the point is there is an actual number that once you hit it you will be financially set the rest of your life.

Sound incredible?

It isn't. Ask anyone worth their salt in Internet Marketing if they have an opt-in email list. Then ask them how instrumental that opt-in list was to their success.

So until you have an opt-in list of your own you are taking yourself out of the game without ever having had the chance to get in to the game.

Don't slight yourself. Life is too darn short as it is.

Web 2.0 Rule #3-- Implement An Automated And Relentless Follow Up System

Let's start by roughly defining what an AUTOMATED FOLLOW UP SYSTEM is and how it benefits you as a marketer.

Basically it's an online software program that will enable you to automate your follow up process with the prospects that visit your site. It is certainly a vital component of any automated marketing system. If not the most vital.

You can get pretty innovative on the follow-up messages and place them in a series of email messages that build one on top of another. That way you build your credibility up pretty rapidly with all the prospects who opt-in to your list.

So when a prospect opts-in to your mailing list the auto responder will start following up and conversing with your prospect so to speak on your behalf.

Which in turn will help you build rapport with your prospects. Which is always a very good thing for a marketer to do.

Experts have shown that it often takes 7 or more ad exposures before prospective customers actually make a purchase!

If you are to stand any chance at succeeding you are going to need to stay in constant e-mail contact with every single one of your prospects!

With an auto responder, your opt-in prospects will automatically receive your message the essential seven or more times over a period of days, weeks, and months when they request information from you.

I can't stress enough just how important it is to have an auto responder for your business. It may be possible to succeed without one, but why try?

I’d consider such a task on par with trying to learn to play the piano with your thumbs cut off!


Web 2.0 Rule #4—Confine Your Marketing Efforts To Your Opt-in List


One of the biggest mistakes I see amateur marketers make in social network environments is the fact they try to jam their web link down the throats of anybody and everybody they come into contact with.

They do this because they are usually desperate for sales and know no other way in which to market their business.

But if you confine your marketing efforts to those people who have opted in to your list you will go along ways towards building a strong foundation for your network.


Web 2.0 Rule #5—Maintain Daily Activity On Your Social Network


Remember the early bird always gets the worm. I see a lot of people attempting to grow networks without putting any elbow grease in to make it happen. So quit being lazy and log in to Sta.rtup.biz daily and meet and greet the new people who are signing up daily.

Success will be yours if you do!

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Well for starters I think belonging to 23 social networks is a bit much! I don't see how you can keep your interactions up to date by belonging to so many. But if you make it a daily habit to check into each one to answer any emails or messages that have come in and then interact some more with other members I guess I don't see the harm at all.

As far as amalgamating social network sites with your website I would have to think on that a bit and get back to you with my answer.

Because all you're looking for is a system that incorporates it all into one tidy package. Certainly doable. Though I'm unsure if trying to do so on more than 5 networks would be practical.

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Great information, thanks for the post. Avil

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Well you've done it again this time in explaining the necessity of building a network. This is the first time that I have done this sort of thing so I'm a little shy at this point. So as I go on farther in this I'll open up more and things like this will become more easy, as it is I agonize over doing this and words are hard to come up with. know a cure for shyness? If you do let me in on it. Phill

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63 years old Nov.2 and learning more about web 2.0, in just a few weeks, than I ever would though possible! Thanks to Matt and his wife; as Matt was under the weather when we were to talk and his lady stepped up and delivered, a great phone call! Great Team!!!!!!!!
Thanks!!

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Hey Matt,

Thank you for the clarification on Web 2.0, I have heard about the term for quite awhile without understanding what it really means. In my corporate career prior to becoming a entrepreneur, it typically took 7 calls on a customer before that would take action. Based on your insight, it appears that is similar in this industry as well. As for growing an opt-in list, what would you recommend from a strategic standpoint with the auto-responders? How aggressive of a approach would you recommend?

Thanks,

Ellery

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Everyday, Matt, I get more understanding of the missing pieces in my marketing. This entry clearly points out the difference in the individual good and sales for market of the 1.-, and the orderly development of relationships that bring purchases naturally from and for the good of the entire network. As I love helping others, it seems the system was made for me. Thanks for making the way to earn and still share are made crystal clear.

Martha Tucker

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Bravo! Bravo!

Matt, you sir, are a GENIUS!

No one has ever really defined Web 2.0 to me in that way. All I ever hear is that "it" is "now". Great explanation, huh? Because of your advice, in a matter of 24 hours I have grown a list of 0, to a list of 95. And that was with 1 little generic email, with NO sales pressure involved.

Thank you so much Matt! You have my undivided attention.

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It looks like I have some work ahead of me. Not to mention I need to hit B&N for "Opt-in Lists for Dummies". Sorry, bad joke. I appreciate the tip and I will be taking the first steps for an opt-in list on Monday!

Celestial Beginnings
<----- look I didn't violate rule #4 like I have been!

*Hugs*

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Hello matt how are you? Looks like to know how to get this software to automate painstaking units I can my business. I met a problem on my pc and ended up losing those sofwares astonishing possibilities would be to get them again. I really need your help to learn to use the web 2.0 and create the traffic needed for my website. I need a software to create Web sites you have a statement? A big hug



Alexandre Iglesias

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This is one of the best definitions I have read on Web 2.0. More people need to read this & understand exactly is going on.

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I got this picture and it's clear. I'm ready to move on. Thank you.
Martha Tucker

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Matt, great information especially for someone like me who's not a marketer. This is really helpful and I began making some changes on my landing page right here on the network. Rest assured I'll be reading this blog again.

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