Today I passed the 3,000 members mark in my AGLOCO network. As I write this post, I am sitting at 3,010 referrals. Considering I haven’t talked about AGLOCO in nearly a month and my referrals still increase by over 1,000, that’s not too bad. However, the numbers could have been better.
If you look at my referral chart, you’ll see I signed up over 400 people on the front line, and those 400 went out to sign up 2,600. That sounds great until you look at a network like McCall’s. He signed up just 73 people directly but those 73 went on to sign up 9,934 people! That should tell you that you don’t need to sign up a lot of people to build a big network. Get just a few hotshots in there and watch out.
With my wider front line, I should be able to overtake McCall, and I still may. McCall’s advantage was he concentrated his efforts on the 20% of the 80/20 rule, where I just signed up anyone and everyone. By focusing his efforts on signing up people who wants to build the network, McCall has developed a huge down line without having to sign up a ton of people on the front line. However, because I have way more people on my front line, my network has the potential to be bigger.
Another thing I realized is many people are waiting for the Viewbar to become available before they start signing people up. I think this is a mistake. Personally, I rather have AGLOCO delay the Viewbar even longer because right now, I have very little competition. Once the Viewbar comes out, I’ll be up against everyone and their dog. I’m laying the foundation to build a huge front line so when the Viewbar is released, I can just sit back and enjoy the show. If you’re serious about building AGLOCO, then NOW is the time to sign up those referrals.
How To Sign People Up
I’m going to reveal some of my referral ideas from the old AllAdvantage days. As far as I can tell, nobody has written anything about the methods I’m going to talk about. They are divided between no cost and cost. Everyone can do the no cost methods and some may want to try some of cost methods. This should help you in your quest for more referrals.
This Is An Easy Sell
Many people are making AGLOCO way more complex than it really is. This is an easy sell. You should be able to convert better than 50% of people you talk to. Just keep the following in mind; it cost you nothing in time or money and you make money. If the person you’re talking can’t grasp that concept, then you’re talking to the wrong person. Move on to the next.
When someone asks what it is, the only thing you need to say is, “AGLOCO offers a toolbar that display advertising. If you run the toolbar, they will give you a share of the ad money. They also pay you if you refer other people to use the toolbar.” That in a nutshell, is what AGLOCO is. If the person cannot understand that, there no use going any further. Take the advice of McCall – go after the 20%. Show the other 80% what it is, but don’t spend too much time with them.
No Cost Referral Methods
A lot of AGLOCO sites has talked about no cost referral methods so I won’t spend too much time on it. Basically, they include telling your friends by phone or email, or setting up a blog or MySpace page. The personal email is very effective. McCall displayed a nice referral email used by one of his referrals. You may want to use it as a template for your email.
This note is mainly to offer you a chance to help build AGLOCO – it is a Member-owned Internet community.
Here is why I would like you to help. First – it is free. Second – it is quick and easy to join. Third – AGLOCO’s purpose is to get its members their share of the money generated on the Internet (i.e. you make money). And lastly – if you help build the AGLOCO network you can make much more.
Here is a link to sign up (it automatically records me as referring you with my ID BBBK0695) www.agloco.com/r/bbbk0695
AGLOCO works with a toolbar type software called a Viewbar. Privacy is very strict so no spyware, popups or spam.
As to how much money you can make, there is a study which says the average user should get $5 to $15 a month. (But less at the beginning.) Click here to read the report. http://simmonsreport.spaces.live.com
How much can you make helping to build the network? The Simmons Report predicts $30 per referral. I have 200, but a friend of mine RZ McCall has over 8,000. He has a great blog site http://mccallsnotes.spaces.live.com.
AGLOCO is in their beta phase which is the best time to help them build out the network. So please join now and help build the network. Have questions? Their website has all the details so go there www.agloco.com/r/bbbk0695 or ask me.
BTW – I will have more to say about the Simmon’s Report in a future post. There are pieces of it I am going to take apart.
The PPC Landing Page
Many people have set up blogs or landing pages for AGLOCO. However, like most new sites, getting traffic to it is a problem. This is where Pay Per Click advertising comes in. You send traffic to the landing page with Google Adwords or other PPC search engines, with the hopes that the person clicking the ad will sign up.
Let’s say I bid 25 cents per click and get a 25% conversion rate (1 in 4 sign up). That means it will cost me $1 to sign up a new referral. Can I make money on that? During my AllAdvantage day, I worked out that I made about 30 to 50 cents per month off each referral. If AGLOCO is able to produce the same results, it’ll take me two to four months to break even. After that, it’s pure profit. That’s not a bad deal. How many businesses can break even in two to four months?
I am setting up an AGLOCO landing page and will begin PPC advertising soon. I plan to spend $2,000 on the promotion. I believe in the concept and I’m willing to put my money where my mouth is. Of course, I will reveal the results of the promotion for all to see – much like the way I recap my monthly blog earnings.
Some will say spending money on this is stupid but I don’t see it that way. If AGLOCO fails, I’m out a few dinners – no bid deal. If they hit big, I’ll be among their biggest referrers. I’m willing to risk some money on that. Many people thought David Cheriton was crazy for giving two Stanford PhD students $200,000 to start a search engine in 1998. That $200,000 became billions when Google went public. With AGLOCO, the downside is next to zero but the upside is unlimited.
The Opportunity Show
During the AllAdvantage days, I use to sign up tons of people by buying a table at local opportunity and networking events. As people came to my table, I explain to them what it was and sign them up right there and then. Then I gave them a floppy disk (remember those?) containing the AllAdvantage software to take home to install. My sign up rate was near 100% of the people I talked to because THIS IS AN EASY SELL! You surf the web, you make money, it cost you nothing. How hard is that to sell?
If you can’t afford the cost of buying a table at the show, you can still get people via the back end. Make up some business cards that has the URL to your AGLOCO landing page and show up at the event and pass out cards. That’s what a networking event is for. Sarah got quite a few sign ups at the last SOHO event we went to. Networking and opportunity events are great places to get new referrals. People attending these events are already part of the 20% and will be a lot more open.
Now Is The Time To Build
As I’ve stated at the beginning of this post, now is the time to build your AGLOCO network. Don’t wait for the Viewbar to come out before you start referring. You have very little competition right now. Use this time to sign people up. Waiting until the Viewbar is released may make it easier to sign people up but you may find the people you wanted to sign up has already signed up with someone else.