{"id":7876,"date":"2020-07-21T17:46:37","date_gmt":"2020-07-21T17:46:37","guid":{"rendered":"http:\/\/blog.growthtools.com\/?p=7876"},"modified":"2020-07-21T17:47:01","modified_gmt":"2020-07-21T17:47:01","slug":"product-waiting-list","status":"publish","type":"post","link":"https:\/\/blog.growthtools.com\/?p=7876","title":{"rendered":"How to Build a Waiting List for a New Product"},"content":{"rendered":"

One of our clients recently created an awesome marketing campaign I want to share with you.<\/span><\/p>\n

This is yet another example of a business that saw the wave of economic uncertainty brought on by the pandemic and decided to get creative instead of just hunkering down.<\/span><\/p>\n

While the campaign hasn\u2019t officially launched yet, he gave us the go-ahead and to take you behind the scenes and show you how it works.<\/span><\/p>\n

If you\u2019re considering launching something new or creating an additional offering for customers, you just might find an idea or two worth stealing. \ud83d\ude42<\/span><\/p>\n

Let\u2019s check it out!<\/span><\/p>\n

The Client:\u00a0<\/span>Michael Winter, Litebulb Media<\/a><\/span><\/h2>\n

Michael runs Litebulb Media, a UK-based digital marketing agency that provides SEO, social media, and PPC services to clients.<\/span><\/p>\n

\"\"

Done-for-you services have always been the business\u2019s bread and butter, but when COVID-19 hit, Michael thought it would be smart to start offering courses as well.<\/span><\/p>\n

That way, if any clients were forced to cancel or delay projects, Litebulb would have another source of revenue waiting in the wings.<\/span><\/p>\n

Smart, right? Here\u2019s the problem\u2026<\/span><\/p>\n

Most businesses in this position end up creating the first course idea that comes to their mind. Or they just create one that teaches people how to implement their most popular service on their own.<\/span><\/p>\n

While this approach might work occasionally, it\u2019s often a recipe for creating a course nobody wants.<\/span><\/p>\n

Michael plans to avoid this mistake.<\/span><\/p>\n

\u201cWe intend to ask subscribers what they\u2019re interested in learning about and then building it for them,\u201d he said, \u201crather than building what we think they\u00a0might\u00a0<\/span>want.\u201d<\/span><\/p>\n

Before he can learn what subscribers want, he needs to attract subscribers who are likely to be interested in learning about digital marketing.<\/span><\/p>\n

That\u2019s what his campaign is designed to do.<\/span><\/p>\n

The Campaign: Build a Waiting List That\u2019s Hungry to Buy<\/span><\/h2>\n

Step #1: Drive Traffic from Facebook<\/span><\/strong><\/p>\n

First, he created a Facebook ad to build the waitlist for his course, which he\u2019s currently positioning as a digital marketing school. It teases a surprise discount to make the offer more enticing:<\/span><\/p>\n

\"\"

Step #2: Generate Leads with Landing Page<\/span><\/strong><\/p>\n

The Facebook ad sends people to a landing page Michael built with\u00a0our free tool Welcome.ly.<\/a><\/span>\u00a0Here, they can enter their email address to sign up for the waiting list:<\/p>\n

\"\"

Step #3: Viral Thank You Page Generates Shares and Reduces Ad Cost<\/span><\/strong><\/p>\n

This is where things get interesting. \ud83d\ude42<\/span><\/p>\n

After signing up for the waiting list, they\u2019ll land on a thank you page Michael created with\u00a0our free tool GoViral.<\/a><\/span>\u00a0This page lets them know they\u2019ve already earned a 10% discount for Litebulb\u2019s upcoming digital marketing school, but they can double it AND get a free gift if they share a Facebook post about it.<\/span><\/p>\n

Check it out:<\/p>\n

\"\"

The important thing to note here is that visitors won\u2019t just be sharing a regular Facebook post about Litebulb\u2019s marketing school\u2026<\/span><\/p>\n

They\u2019ll be sharing the post that was featured in the Facebook ad they originally clicked. When people share your Facebook ad, it can lower your cost per lead (in addition to driving more traffic to your landing page).<\/span><\/p>\n

Step #4: Grant Access to Free Guide<\/span><\/strong><\/p>\n

After sharing the post on Facebook, leads will get access to the guide Michael promised, \u201cHow to Get Your First 1,000 Site Visitors.\u201d He created the guide using\u00a0our free tool for making lead magnets, Attract.io<\/a><\/span>:<\/p>\n

\"\"

On the introduction page, Michael teases an additional discount they can unlock by reading to the end of the guide:<\/span><\/p>\n

\"\"

While it\u2019s always a good idea to have a CTA at the end of your lead magnets, it\u2019s even better if you drop an enticing hint about that CTA somewhere near the beginning. Smart move!<\/span><\/p>\n

Step #5: Offer the 40% Discount<\/span><\/strong><\/p>\n

As promised in the intro, the last page gives readers an opportunity to double the 20% discount they\u2019ve already earned. All they have to do is complete one more step they\u2019ve already agreed to do once before\u2014share something on Facebook:<\/span><\/p>\n

\"\"

Notice how the copy underneath the headline reminds readers that they already shared a Facebook post to unlock the 20% discount. This is a subtle way to minimize the friction of asking for an additional share.<\/span><\/p>\n

When they click the CTA button, they\u2019re sent to a second GoViral page that lets them share a second version of Michael\u2019s Facebook ad in exchange for the increased discount:<\/span><\/p>\n

\"\"

Here\u2019s what the second version of the ad looks like:<\/span><\/p>\n

\"\"

After sharing the ad, they\u2019re directed to a page that confirms they\u2019ll receive the 40% discount before enrollment begins:<\/span><\/p>\n

\"\"

\u201cI know it seems like we’re asking them to go through a lot of steps,\u201d Michael said, \u201cbut there’s actually only eight clicks from start to finish. And throughout the process, they’re incrementally earning better rewards (2 clicks = 10% \u00bb 3 clicks = 20% and gift \u00bb 3 clicks = 40%).\u201d<\/span><\/p>\n

Can\u2019t wait to see what kind of results Michael sees from this.<\/span><\/p>\n

So, what was it like to get coaching from Growth University as he worked on this campaign? Here\u2019s what Michael said:<\/span><\/strong><\/p>\n

\u201cThe Growth University team has been phenomenal so far. Matt (our coach) is absolutely amazing…the guidance\/advice he’s provided up to this point has been brilliant. The platform they use for outlining their Playbooks and managing communication between client\/coach is also really well put together. All in all, they’re providing a fantastic service!\u201d<\/span><\/em><\/p>\n

If you\u2019re looking for new growth opportunities for your business, we\u2019re here to help.<\/span><\/p>\n

Click here to schedule a free Strategy Session with our team.<\/span><\/a>\u00a0<<<<\/span><\/p>\n

We\u2019ll audit your business, show you what\u2019s working for our clients, and walk you through the step-by-step process you could use to 2x your revenue over the next 12 months.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

One of our clients recently created an awesome marketing campaign I want to share with you. This is yet another…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-7876","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blog.growthtools.com\/index.php?rest_route=\/wp\/v2\/posts\/7876","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.growthtools.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.growthtools.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.growthtools.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.growthtools.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7876"}],"version-history":[{"count":0,"href":"https:\/\/blog.growthtools.com\/index.php?rest_route=\/wp\/v2\/posts\/7876\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.growthtools.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.growthtools.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.growthtools.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}