Question
I have hit a bit of a road block with my online business and have no idea what my next step should be.
Our Channel Brainwave Power Music, www.youtube.com/user/brainwavepowermusic
has a stable growth rate, as well as a monthly reoccuring revenue. But for some reason we have trouble breaking through the 50,000 views per day.
Some stats about us,
50,000 views each day
70% of Traffic is US Based
1, 313, 212 Minutes of videos are played every day on our channel ( 2 Years and 181 days - every single day)
So everything is growing great, we have an audio store, weekly blog and newsletter with over 1000 subscribers, we do affiliate marketing and have some products also.
We have a fan base of 63,000 people with a growth rate of about 500 new subscribers every day.
So, everything is on track, and our fans really love what we do. So whats the next step, what should be my main focus? So far its to just continue with our social marketing campaigns and continued growth rate. However i feel like i am missing something big that could explode our business, what would some recommendations be?
And is this something i could possibly sell one day?
Answer
Like @Humberto Valle said, there is a huge opportunity on Instagram and Facebook.
Also, there is likely a benefit to building your subscriber list to be notified when you publish. Are you notifying them? Are you giving them the option of being notified?
Email lists "die", meaning, the older they get -- and the longer between transactions -- the less effective they become. We call it "contact churn". You may add 500 per week, but the oldest are not opening your messages, not responding how you'd like, etc.
I'd love to chat and understand more of what you are doing, and discuss how using Blogs, Facebook, Instagram, Pinterest, and email marketing can get you over that 50,000 hump. I don't think it would take much before we can begin looking at 100,000.
Looking forward to talking more,
-Shaun
