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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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Very directive operational article.
I find it truly informative and filled with wisdom.
Carl

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Hi Matt,
Thank you so much for writing a great article, makes sense!
I am new at this and need all the help I can get, first steps first,
understand in simple terms what Internet Marketing is all about.
Great job! Learn from the experienced ones.....

Nelly.

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Thanks for your input. Although marketing isn't my strongest area, it plays a vital role in todays business and especially event/production planning. Without it, we wouldn't get anywhere. It's always good to learn something new. Will be following up.

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Wanted to also include how much I appreciate the time and energy you've put into your passion in developing this site.

Kudos!

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Hi Matt
That was very well put.Informative and insightful!!Thanks so much for the connect-I look forward to networking with you.Have a fulfilling week-Lisa

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Thank you.

Rosalind

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Hi Matt - We are new to Sta.rtup.biz and to the Web 2.0 world so your information has been extremely helpful. Thanks for the assistance and looking forward to becoming fully engaged in this community!
Kellie Poulin and Terry Kinnard - The Emergent Coach LLC (life coaching/teaching and teleclass business) www.theemergentcoach.com

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Matt,

Your clarity delivers a clear, concise message that comes down to, either do it right or you most likely will fail at doing it. Building a team that consistently and concurrently does it right has incredible potential. Keep sharing your thoughts please.

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It's an interesting approach. I know that I go for a soft sell approach, my site is focused on being an information site first with the ads added later on as a convenience for people who've decided what if anything to buy.

Thank you so much for defining Web 2.0 though -- it makes sense now. I thought it was some kind of software update that I'd have to wreck my brain trying to get used to, now I see it's just something closer to my own approach.

Robert

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Matt thanks. Maybe we could look at some ideas.

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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.

Matt,

Thanks for taking the time and authoring this topic - solid work indeed.

However, for those who are not familiar with the term Web 2.0 and how it translates it into internet marketing and advertising design of a website, it will perhaps lead to greater confusion, outside this discussion.

All of the items that you eloquently stated in your post relate more to a social networking action by a given person and has nothing to do with Web 2.0 as the term was meant to be used.

I am sure you are already aware, Web 2.0 is the basic design and delivery of information, interactivity and functionality a website provides the user. Some sites with with a Web 2.0 look and feel include Flickr, iTunes and Google Earth. Looking at eBay's new site design, this too is based off Web 2.0 design.

The one connection that I can make from the information you authored is the fact that sta.rtup.biz can be considered a Web 2.0 site as it allows users to build content, participate and retrieve information at ease.

I do believe you have coined a new phrase from what I have read - Social Networking Rules 2.0(smile)

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You make it sound so easy. Just logging in to one site & "catching up" with everyone takes a while; multiply that by even 10 & you've already got hours to spend each day...I should be practicing my cello more. But thanks for the advice. I guess it's a matter of prioritizing...

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