If you don’t want to read much – here’s the summary.
Mobile Monopoly exaggerates the possibilities without providing enough details. On the plus side, the mobile squeeze page generator BeastMobi is pretty good.
In a nutshell
The author’s favorite and most lucrative method of mobile marketing is using the Admob platform with a mobile optimized squeeze page targeting IPhone / Droid users (51M phones – not 5 billion) and selling Clickbank products to those people.
For example.
Where I have a problem with this is the math.
If you listen to audio associated with the Clickbank module, the author says:
Let’s say you spend $50 to get those email addresses with the campaign you ran and you made $100 that means you just made a $50 profit. Now you do that over and over and over that starts to add up. You see what I am trying to say here? This is huge.
OK, yes I see what you are trying to say here.
I just don’t believe it.
My experience to date shows that getting those 51M Iphone / Droid (yes, I was just targeting the 35+ Iphone woman) isn’t that easy.
If you don’t mind watching paint dry, then sure, you can get Iphone users to click on your ads.
(2 clicks in 16 days doesn’t cut it for me).
Let’s Do Some Math
I have 35 Aweber subscribers from the Admob campaigns I have run to date for one product. The number of clicks was 1834 at a cost of $105 using a mobile optimized squeeze page.
Caveat: Yes, I know. I am NOT targeting just Iphone/Droid users. Maybe my results would be better if I just targeted those users (2 clicks, no subscribers in 16 days – I don’t think so).
Each subscriber cost me $3. So far, the revenue is $0 from one email to each subscriber.
Keep in mind, I am using the author’s favorite and most lucrative method of mobile marketing.
My Suggestion
Adam, why don’t you show a campaign start to finish, A-Z, spare no details.
When you talk about spending 50 bucks and making 100 bucks, ramping it up and this is big … I just don’t get it. Setup a “sacrifical” campaign for your customers showing the good / the bad / the ugly.
Beastmobi
Like I said, this is good.
I’m a fan of automation that makes sense. And this does.
This script takes your Aweber code, Youtube embed code, optional tracking code (or you can use the tracking code provided), mashes it up and creates a basic mobile optimized squeeze page.
Is it worth $67 / month.
If you are making bank with Mobile Monopoly, hell yes.
If not, no.
The End
I consider Mobile Monopoly and introduction to mobile marketing. If you don’t know about Aweber and Clickbank and want to know how to signup and use those, the videos are useful.
The introductions to the mobile advertising networks are beneficial if you don’t already know about them.
The key to the whole thing is spelling out in the first Update – split test.
I think I have said enough.
P.S. – I’ll have my own mobile squeeze page generator available soon.
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