
Begun
by the founder of the Rudd Report, Millionaire magazine
(and later, Opulence magazine) had already made
some small attempts to expand their publishing into the online
marketplace. When Web3Direct was contacted
in 2001, the company had a simple, flat "brochure"
type website that attracted little interest among the company's
upscale subscribers. Emerson Brantley developed an original,
genuine online ezine concept called Luxury Life Digest,
and began contacting individual advertisers, writing
direct sales articles for each.
Using
opt-in email to increase subscriptions, he built the site traffic
to over 4,000 users on a daily basis. Along with creating a
new online "Luxury Mall" for Millionaire.com advertisers,
he built their opt-in email database from fewer than
800 subscribers to over 42,000 subscribers by early 2002. These
received regular emails which summarized the newest LuxuryLifeDigest.com
articles, and directed them to specific advertisers.
Business
2.0 magazine independently monitored the results
using third party Touchscape Corporation: 14% clicked
thrus and 8400 new visitors in the first week, with a
staggering 41.5% conversion to registrations.
80% of the respondents provided detailed market
data on themselves and their interests,
and requested more information and offers from Millionaire.com.
Brantley's autoresponses generated an additional 3.8%
click-thru over the next 20 days. Click
Here For Specific Millionaire & Other Campaign Results Numbers
So
successful was the program in creating high response rates and
new business that all 35 original national advertisers continued
their monthly contracts at an average revenue of $3,000 per
month, with a waiting list of new advertisers waiting for an
opening in the popular online magazine.
|
|
|
Millionaire
Magazine (later, Opulence) targeted the luxury lifestyle
market. |
|
In
addition to editing the publication's online ezine, Emerson
wrote a 2-page spread in each hard-copy edition of Millionaire
and Opulence. Click
on picture for larger image. |
Emerson
Brantley was also asked to write a center-spread article for
each month's hardcopy issues. These focused on lifestyle, individual
advertisers in the LuxuryLifeDigest Ezine, and general online
marketing tips.
At
$75 per quarter, the primary magazine only achieved a few thousand
subscribers before being sold to a new publisher in 2002. As
a result of the efforts of WEB3Direct, however,
the online subscriber base of over 42,000 subscribers
was strong and active. Their national sales manager rebranded
LuxuryLifeDigest and the Luxury Mall,
and continued to build this market as a standalone independent
company. The new publisher of Millionaire also incorporated
the LuxuryLifeDigest Ezine and Luxury
Mall concepts into their own existing online marketing efforts.
Click
Here For Specific Millionaire & Other Campaign Results Numbers
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