The 4 Simple Stages of an Engaging Email Funnel Strategy

The 4 Simple Stages of an Engaging Email Funnel Strategy Throw a piece of swag at a marketing conference and you’ll (lightly) hit someone who can tell you about the importance of an email list. They’re not wrong. Despite new and flashy marketing channels constantly popping up, email remains one of the strongest for so many companies. According to eMarketer, 73% of in-house marketers worldwide said that email marketing provided a strong ROI in 2017, making it the most commonly reported answer in their survey. But most of the email marketing advice  out there is focused on building your list. Collecting subscribers. Hoarding fans. They don’t explain how to actually turn those subscribers into leads and customers. Remember, building your list is only the first step in the email marketing process and converting your audience into customers. If you don’t use that list wisely and plan how to move subscribers to the next step, the rest of the buyer’s journey will never take place. But when used strategically, email marketing is one of the most all-encompassing marketing channels you can use. It doesn’t just build an audience or generate leads, it’s incredibly effective in every single stage of the sales funnel. From capturing visitors at the awareness stage to nurturing current customers and retaining them long-term, email reliably gets results. Does this make you want to shape up your strategy  ASAP? Good. It’ll be worth it. Before you get to work, let’s break down what your email strategy should accomplish at every stage of the customer journey, and examples and ideas to get your brainstorming started. The 4 Simple Stages of an Engaging Email Funnel Strategy by @thatbberg via @Table of Contents: Step 1: Generate Leads at the Top of the Funnel Step 2: Nurture Leads in the Middle of the Funnel Step 3: Convert Customers at the Bottom of the Funnel Step 4: Activate Customers and Retain Them Forever Step 1: Generate Leads at the Top of the Funnel Building your list may not be the beginning and end of a strong email marketing strategy, as some marketers make it out to be, but it’s definitely the start of the process. Email opt-ins are one of the best ways to capture website and social media visitors at the top of the marketing funnel who aren’t yet ready to buy. When someone comes to your blog, for example, and enjoys the content and overall experience but isn’t ready to buy your product, subscribing to your email list is an alternative call-to-action that still brings them closer to becoming a customer. Someone handing you their email is essentially inviting you to market to them, as long as you provide value as well. Given how hard it can be to reach your audience on other platforms, say algorithm-determined news feeds, you want this direct relationship with as many people in your audience as possible. But they’re just as aware of how personal giving you their email address is, compared to something like following you on Instagram. Because of that, getting strangers to subscribe to your email list can be a challenge - especially if they’ve got hundreds of emails in their inbox already. Here’s how you can rise to the challenge and more to build a thriving, converting list of subscribers, based on ’s own success building a list of over 300,000: Send a Value-Packed Weekly Newsletter The email newsletters we’re talking about aren’t just your PDF pamphlet or weekly sales promos some businesses will call a newsletter. No, we mean high-value content that inspires, nurtures, and converts. That’s what a good newsletter looks like, for example ’s own weekly recap of new marketing advice, both from here on the blog and around the web. (Image source: https://.com/blog/how-to-make-an-email-newsletter/) In an era where we’re obsessed with custom lead magnets and interactive webinars and newer, flashier content types, it takes great content to make one worth signing up for. To make sure your newsletter can stand on its own in terms of attracting subscribers, make sure to: Determine a focused goal to base your newsletter strategy around, such as generating or nurturing qualified leads, driving customer renewals, etc. Create a theme and content strategy  your newsletters can follow, like ’s theme of the latest content to help marketers achieve their goals. Write newsletter copy that cultivates your brand. They may have an old reputation for being promotional and impersonal, some of the more popular modern newsletters, like TheSkimm  and The Hustle, build such an engaged community by developing strong brand voices  and personalities. Anyone can get started, no fancy technology needed. MailChimp  is free to get started with and powers some of the most popular brands on the internet, so you can start simple with it and build your strategies out further as you scale. Offer Lead Magnets Like Free Tools and Resources If sending a value-based newsletter every week for the foreseeable future, in addition to any more promotional emails, doesn’t fit into your content strategy, there are lots of other ways to attract new subscribers. For example, trading a free asset in exchange for a reader’s email address is a great way to provide a ton of extra value without the ongoing content creation  a newsletter can involve. You can create and develop the lead magnet once and promote and mention it in blog posts and other content for months. Trading a free asset in exchange for a reader’s email address is a great way to provide a ton of...Popular and easy-to-create lead magnets include: Checklists and cheat sheets Fillable or printable workbooks Ebooks Spreadsheet and document templates You can also take free offers to the next level and instead of creating a PDF or downloadable asset, you can create an interactive tool subscribers can get get ongoing value from. Some great examples include ’s Headline Analyzer, Mention’s Brand Grader, and Unbounce’s Landing Page Analyzer. Run Email Courses and Challenges To combine the educational value of content offers with the ongoing value of tools, something like an email course or challenge can give you the best of both options. They can involve a full series of emails, as opposed to a single downloadable asset. This can both help content feel more manageable to consumers, and help you build up a relationship with them over the course of a few days instead of a one-time transaction. You can choose to educate your new subscribers over the course of a few days, such a free 5-day email course, or focus on more action-oriented content with a challenge to achieve a certain result within the length of the offer. Hold Audience-Building Live Webinars The final lead generation tool to mention today is live webinars. Live, video-based content is a powerful tool at every stage of the funnel, so it will be mentioned again, but one of the most valuable elements of webinars is how willing people are to hand over an email to attend them. That makes them gold for lead generation, especially when you really perfect it. Lead generation webinars can be done over and over on the same topic and taken on tour to new audiences, like a virtual public speaking circuit. Lead generation webinars can be done over and over on the same topic and taken on tour to new...This exact strategy was a major factor in growing ConvertKit  from $98k to $625k in monthly recurring revenue. ConvertKit’s marketing team used collaborative webinars with affiliates to build an early audience and community around their product. They were able to perform the same webinar more than 150 times, each time to a new audience that converted incredibly well. Years later, it’s a tactic they continue today. With marketing-focused webinar tools that let you worry more about the content than technology, it’s become easy for businesses of any size to build full marketing campaigns around webinars. For example, ClickMeeting  is one option that’s not just for running webinars, but converting from them with features like built-in call-to-action buttons. (Image source: https://clickmeeting.com/tools) Step 2: Nurture Leads in the Middle of the Funnel Okay, you’ve found a lead gen tactic that works for you. Once you’re generating leads and subscribers, you need to do something with them. Next, you want to: Qualify them as potential customers, and Segment them according to your team’s buyer personas Once you’ve qualified someone and matched them to a buyer persona, you can match them to your most relevant product, service, value proposition, etc., and then plan emails that strategically guide them towards purchase. It sounds complicated, but with most email marketing and marketing automation software, it’s done easily and automatically. For example, you can segment your leads before ever interacting with them based on simple information, like: Which lead magnet, form, or web page they subscribed through Website and subscriber behavior Demographic information Lead scoring can be done the same way. And remember, drip sequences are your friend! By consistently emailing leads, you keep them engaged and have the opportunity to learn more about them through their opens, clicks, and replies. By consistently emailing leads, you keep them engaged and have the opportunity to learn more about...During nurturing, you want to continue providing value, building trust, and developing a relationship with your lead up until the final moment before they convert. Each email is a new opportunity to build more rapport with them as well as learn about their behavior and customize your marketing accordingly. You want to build up to the moment of conversion: where you’re talking to the right person with the right message and the right timing. How do you do that? Here are some of the types of emails that nurture leads and get them to the next stage of the sales funnel. Use Self-Segmentation Emails A self-segmentation email presents different options to your leads and lets them select which is most relevant. You can then move them into appropriate email segments based on which option or options they click. You have lots of options for how you can segment, based on what’s most useful to your business: What types of content they prefer Which topics they’re most interested in Goal or reason for signing up for your list This works great as a welcome or confirmation email when someone first signs up, but you can ask someone to self-segment more than once and at any point in the buyer’s journey. Everyone appreciates the promise of more relevant and useful emails. Everyone appreciates the promise of more relevant and useful emails.Send Case Studies and Customer Stories As you start to introduce your leads more directly to your product, you want to do as much as you can to help them see themselves using your product or service. While segmentation so you can more specifically talk to people is great, you need to â€Å"show† as well as â€Å"tell.† Sending leads case studies, success stories, testimonials, and other social proof featuring customers similar to them will do that. Keep Providing Free Resources Til The End Finally, continuing to offer free content that’s jammed with value will continue to make an impact throughout the funnel. As a lead moves through your nurturing content and you learn more about them, you can even get more relevant, personal, and valuable with that content. For example, by shifting the topics of your webinars from broader content to more solution-specific ideas, you can use them for nurturing as well as lead generation. Monitoring software Mention, for example, offers both topical webinars like those discussed above (like one they hosted with !), as well as more product-focused webinars that are ridiculously helpful for those already interested in them. (Image source: https://info.mention.com/live-training) If you do provide multiple formats of nurturing content, like adding webinars to your email sequences, make sure you’re able to track results both per channel and for your whole funnel. For example, marketing dashboards like Cyfe  let you pull in information from multiple apps and tools to track all stages and locations of the funnel in one place. You would just add pre-built widgets for your tools like Google Analytics, InfusionSoft, and Unbounce at their proper places in your funnel map. (Image source: https://www.cyfe.com/marketing-dashboard) Step 3: Convert Customers at the Bottom of the Funnel Congrats! Your email lead gen and nurturing are fantastic and have primed leads perfectly. You’ve shown value, built a relationship, and fired off all the psychological triggers  that have people ready to buy. This is obviously what you’ve been waiting for, the moment when your funnel (literally) pays off. With your email marketing funnel so carefully set up with the steps we’ve gone over, like using segmentation to provide super personalized value, you have a great chance of converting a new customer. And segmentation is about to come in handy yet again. In addition to using it to deliver more personalized nurturing campaigns, you can use it to offer your product or service in the most relevant way possible to each individual prospect. Between automated funnels and sequences and your seasonal/regular marketing calendar, you have lots of options for reaching your customers, all of which will be more successful the better the rest of your funnel is segmented. By combining segmentation with different conversion strategies like those listed below, you’re sure to be within reach once your customer has reached their moment of decision and purchase. Recommended Reading: How to Create a Marketing Strategy That Will Skyrocket Your Results By 9,360%" Retarget Subscribers With Emails and Ads Once again, at this point you’re searching for that perfect moment when your prospect is ready to buy. At this point, you’ve built up enough of a reputation with them that ads placed in front of them will convert well. (Image source: https://okdork.com/how-to-spend-your-first-100-on-retargeting-ads/) You don’t need to stick to just email to reach them affordably - retargeting ads  can be some of the most cost-effective kinds of paid marketing. For example, AppSumo  was able to achieve a 224% ROI from a recent retargeting campaign. That said, email retargeting may be all you need, especially with your warmest leads, like e-commerce abandoned carts. Abandoned cart emails  find people who’ve essentially already decided to buy your product, so offering it one more time is often an easy win. (Image source: https://support.bigcommerce.com/articles/Public/Using-the-Abandoned-Cart-Saver) When Henna Caravan  first started using retargeting and abandoned cart emails, it had a major impact on acquisition of first-time customers. Founder Jessica McQueen explained to BigCommerce what it was like watching the results come in: â€Å"That’s turned into the most exciting part of my day, seeing an abandoned cart get converted into a sale...I had no idea that people were leaving their cart empty and how much was sitting on the table at the end of the day.† Create Time and Urgency-Based Offers Another great way to convert well-nurtured prospects is through offers based on limited time and other urgency factors. By building authentic and ethical deadlines  into your marketing, like expiring offers and discounts, into your funnel, you give warm prospects a reason to convert today versus next week. A great tool for this, for example, is Deadline Funnel. It lets you easily create customized deadlines and scarcity offers for each lead, based on different email and website activity. So you could trigger a funnel with an expiring deadline for: New leads who’ve just signed up for your list Existing customers to celebrate occasions like birthdays Prospects who have visited certain high-intent pages on your website It’s a â€Å"get ‘em while they’re hot† approach that can lead to crazy high conversion rates when the situation is right. Recommended Reading: How to Effectively Measure Marketing ROI With Google Analytics and a Simple Formula Onboard Free Trial Users Finally, if you’re selling something with some kind of free trial like software, you can’t assume that they’re sold once they’ve signed up for a free trial. The true conversion - them becoming a paying customer - hasn’t happened yet. You still need to further engage and nurture them, and this is where it matter most. You can introduce tutorials, use cases, and more product-related content to get them to the final purchase point. For example, as noted in Val Geisler’s onboarding teardown, Mixmax  sends their free users an introduction to the product in the form of an email course or educational sequence. (Image source: valgeisler.com/email-onboarding-tear-down-mixmax/ Step 4: Activate Customers and Retain Them Forever Once someone becomes a customer and reaches the bottom of the sales funnel, you might think your job as a marketer is over. Sorry, but that’s not the case. Retaining customers and extending your relationship with them lets you optimize your lifetime customer value and increase your marketing ROI. So once someone becomes a customer, enjoy a very brief break, because soon it’s time to start working towards their next conversion. Email is one of the best ways to keep in touch with and nurture them here, too. You want to continually prove and increase value, let customers improve their experience, and make your product sticky in their lives, so they’ll renew, upsell, refill, or whatever you need them to do. It’s not too different from nurturing prospective customers, except that you can and should talk about your products and services more directly to keep customers engaged. And there are so many ways to do that. Recommended Reading: How to Select Marketing Metrics and KPIs to Monitor Keep Customers Engaged With Your Product One important way to use email is to keep people needing what you offer. Whether it’s an app, physical product, or service, remind them and help them keep it in their lives. (Image source: mine) I love the way Grammarly  does this. Since I use the free Chrome plugin running in the background, it’s not always at the forefront of my mind. But their weekly progress report emails giving me helpful stats and compliments (â€Å"You were quite the busy bee†), along with CTAs to use and upgrade my free account never let it fade to the background for long. Find Organic Upsell and Cross-Sell Opportunities In addition to keeping customers coming back, you also want to find opportunities to sell them bigger or related offers. The key to doing this without coming off as pushy, you’ll want to look for ways to recommend things in the context of the value you provide and your customer’s life. (Image source: mine) A great example of this is Care/Of vitamins. They send frequent product-based emails and newsletters that are super helpful and insightful, customized based on what products you buy from them. It allows customers to learn more about their health and products they’re already, and get even more free value. They win you over so well that the upsells and calls-to-action in the emails are completely natural and truly enticing. Activate Advocates With Referral and Word-of-Mouth Campaigns Finally, getting customers to buy again isn’t the only way to get more value and ROI from them. Customers have friends, colleagues, neighbors, and other people who might be your perfect customers. Advocacy marketing, referrals, and word-of-mouth let you use happy customers to find new ones just like them. While it takes a more mature product and funnel and should only be offered to satisfied and engaged customers, incentivizing already satisfied customers to share that satisfaction. Create a Yellow Brick Road With Your Email Funnels By now, you’ve seen multiple ways you can use email marketing at every stage of the sales funnel: You can generate leads with lead magnets, challenges, and other valuable free content Nurture those leads by segmenting and personalizing your emails and communication Convert them with retargeting, urgency, and epic onboarding Keep customers engaged long-term with customer emails and recommendations Whatever is holding back your funnel from achieving your marketing goals, you can pinpoint what stage of the journey is the problem and create an email funnel strategy to solve it.

Drug Laws of The Netherlands Essays

Drug Laws of The Netherlands Essays Drug Laws of The Netherlands Paper Drug Laws of The Netherlands Paper Introduction The Netherlands is one of the most highly developed countries in the world. It is an international, well-integrated country with policies that are among the world’s most liberal. In fact, The Netherlands has perhaps the most liberal view on drug use than any other country and has even gone to the extreme of extraordinarily relaxing its laws regarding ‘soft’ drugs. However, a common misconception about drugs in the Netherlands is that people believe they have been legalized there. Rather, cannabis and its by-products, marijuana and hashish, have merely been decriminalized. This means that the sale and use in moderate amounts of marijuana and hashish is not prosecuted. This begs the question: Is a permissive legal system more effective than a restrictive system in the case of soft drugs? This paper examines the attitude of law enforcement in The Netherlands regarding soft drug use and assesses whether or not The Netherlands’s permissive system is a successful one. Soft Drug Decriminalization in The Netherlands Contrary to popular belief, when the Dutch parliament revised the countrys drug laws in 1976, it did not actually legalize any narcotic substances. Rather, it separated illegal drugs into two distinct categories: drugs with unacceptable health risks (such as heroin and cocaine), which were classified as hard drugs,† and drugs with a lesser medical risk (such as cannabis), which were classified as soft drugs (Bransten, para. 3). The Dutch Parliament then decided to decriminalize soft drugs. Because of this determination, throughout The Netherlands so-called coffee shops† have opened. In these coffee shops, people are able to purchase limited amounts of cannabis and smoke a marijuana joint without fear of prosecution (Bransten, para. 4). These activities are not legal per se, but the local police do not monitor or prosecute them. The rationale behind the Dutch parliament’s decision was that the use of marijuana among the Dutch population was increasing, and rather than bog down the legal system, Dutch politicians decided to decriminalize marijuana (Bransten, para. 4). The other benefit of the policy, as the Dutch politicians and general public see it, is that â€Å"it isolates the hard drug market from the recreational user because cannabis consumers no longer regularly come into contact with street dealers and more harmful drugs† (Bransten, para. 5). Dutch drug policy is guided by the principle of what is best described as harm reduction (Bransten, para. 8). This means that drugs are perceived as a public health issue and the goal should be to minimize the harm those drugs do to individuals and to society –- not to criminally punish soft drug users. With respect to users of hard drugs, they are monitored and encouraged to turn to the public health system for treatment, but unless they commit other crimes, they are not prosecuted in The Netherlands (Bransten, para. 7). Consequently, the Dutch spend their time and money on prevention and education instead of criminal prosecution (Bransten, para. 8). This has allowed the Dutch authorities to concentrate their efforts policing activities elsewhere. In fact, since the policy was implemented, the Dutch police have concentrated on pursuing drug traffickers, drug laboratories, and all other crime related activities. Therefore, would it be fair to say that the decriminalization of soft drugs been a success in The Netherlands? Several decades have passed since soft drugs were decriminalized and it is still somewhat difficult to make a final determination of its ‘success’. The results (positive or negative) of decriminalizing drugs and instituting a permissive legal system with respect to drugs, are disputed and somewhat unclear. The next section of this paper attempts to sort out the conflicting data that has emerged assessing results of The Netherlands’s permissive soft drug policy. Results of Decriminalization in The Netherlands The Dutch claim that their permissive drug policy has worked. Some statistics that have been generated have indicated that marijuana and hashish use among Dutch teenagers and young adults has not grown. In fact, according to some sources, it is lower than in many other Western countries (Bransten, para. 9). Tim Boekhout van Solinge, a criminologist and drug-policy expert at the University of Amsterdam has stated: Eighty-five percent of the Dutch population have never, in their life, tried cannabis. So its 15 percent (of people) who have what you call lifetime experience prevalence. Its lower than in the UK, or the U. S. , lower than Ireland, about the same level as Germany, Belgium, France. France is a bit higher, Spain is a bit higher its kind of in the average, you could say (Bransten, para. 10). These statistics have led many to ask why hasn’t the use of marijuana increased in The Netherlands after it was decriminalized? One factor to consider is the concept of the â€Å"forbidden fruit†. That is, decriminalizing soft drugs has made them less attractive to people. According to some statistics, this has been the experience of The Netherlands. For example, according to the American Civil Liberties Union (ACLU), after the Dutch government decriminalized marijuana in 1976, usage steadily declined particularly among teenagers and young adults (ACLU, para. 25). Prior to decriminalization, 10 percent of Dutch 17- and 18-yesr-olds used marijuana, yet by 1985, that figure had dropped to 6. 5 percent (ACLU, para. 25). These statistics tend to support the opinion that a permissive legal system regarding drug use is more successful than a restrictive one, such as in the United States. However, some people have argued that The Netherlands has suffered an increase in marijuana use since the softening of their marijuana policy. Various select statistic show that, since the liberalization of the marijuana enforcement policies, The Netherlands has seen marijuana use among 11-18 year olds increase 142% from 1990-1995 (Voth, para. 14). According to these same statistics, crime has risen steadily to the point that aggravated theft and breaking and entering occurs 3-4 times more than in the United States (Voth, para. 14). This would tend to support the assertion that decriminalization of soft drugs has not been successful in The Netherlands. Yet, Dutch citizens state that such claims are false and that those who perpetuate them are merely threatened by the success of The Netherlands’s liberal drug policy. For example, they say that some countries, and the U. S. in particular, are threatened by Dutch drug policy because it cuts directly against the moral ideology underlying their own restrictive drug policy (Reinarman, 2000). This is demonstrated in the United States’ history of unmitigated concern regarding intoxicating substances. A prime example of this is that for over a hundred years, Americans believed that alcohol was the direct cause of poverty, crime, and would cause civilization to crumble. This fundamentalist crusade resulted in national alcohol prohibition in 1919. Alcohol has since been legalized in the United States, but the U. S. has now applied this theory to drugs. The unofficial United States drug policy is that decriminalization (of even soft drugs) would lead to disaster. However, a ‘disaster’ has not occurred in The Netherlands as a result of decriminalization of drugs. In fact, the majority of research and statistics show that the Dutch have no more drug problems than most neighboring countries which do not have liberal drug policies. Conclusion While some people continue to claim that the permissive Dutch drug policy has led to an increased amount of drug use in that country, the majority of statistics tend to refute this. Overall, it appears that a permissive soft drug policy is certainly as effective, if not more so, than a restrictive system. Bibliography American Civil Liberties Union. ACLU Paper #19 Against Drug Prohibition. 1996. Available at: http://archive. aclu. org/library/pbp19. html. Retrieved June 6, 2003. Bransten, Jeremy. Europe: Drugs Dutch Practice Liberal Policies (Part 2). Radio Free Europe. 28 November 2000. Available at: rferl. org/nca/features/2000/11/28112000132419. asp. Retrieved June 5, 2003. Reinarman, Craig. â€Å"The Dutch example shows that liberal drug laws can be beneficial. † In: Scott Barbour (Ed. ), Drug Legalization: Current Controversies. San Diego: Greenhaven Press, 2000, pp. 102-108. Voth, Eric A. , and Ambassador Melvyn Levitsky. Contemporary Drug Policy. 1/21/2000. Available at: estreet. com/orgs/dsi/Legalizit/DrugPolicyLegalizationHar. html. Retrieved June 5, 2003.

GM Financial Analysis and Planning of the Collapse Essay

GM Financial Analysis and Planning of the Collapse - Essay Example The debt kept rising and the conditions worsened for GM in 2008. (Henderson, 2008) The earnings per share in 2005 were $ (5.93) which lead to the fall in the value of the shares. (General Motors Financial report, 2005). In 2007, the earnings per share further decreased to $ (76.16). However, in 2008, there was a slight improvement. The earnings per share were $ (53.47). (General Motors Annual Report 2010) In 2007, GM made the biggest loss in automobile industry. It made a loss of $ 38.7 billion. GM had to sell Allison Transmission for 5.6 billion dollars to Onex Corporation and Carlyle Group. Then, the gas prices increased in 2008 and GM had to close its sports utility vehicle and pick up factories. 8350 people became unemployed. By the end of 2008, it had to ask the government for protection. It had to ask Congress for $18 billion to pay its debts and to remain afloat. The Congress gave him $13.4 billion. However, the loss made was huge. It made an annual loss of $30.9 billion and i ts debt was accumulating. In 2009, it declared that it needs $ 30 billion to survive. On the other hand, its unit in Sweden filed for bankruptcy. This was another blow to General Motors. It presented a survival plan and a restructuring plan to US Government in which it mentioned that they close all their units except Saturn by 2011. However, the possibility was it will lose of its brands and the retailers or other potential companies might buy them. The Government was not satisfied with the restructuring plan and gave them another chance to make an aggressive plan and do aggressive cuts. Then, it used another scheme it asked 90% of its bondholders to accept a share of equity in return for debt. This will enable the company to reduce its debt by $24 billion. It decided to issue 62 billion new shares and end Pontiac. Also, it decided to end its contract with 1100 dealers. But the debt exchange offer as named by General Motors failed. Bankruptcy seemed evident. Government gave more loa ns to GM and it rose to $19.4 billion. GM came up with a new idea. It decided to give 10% of the company to bondholders and another 15% stake to reduce the debt by $27 billion. Also, it decided to build cars in US instead of China. These decisions led to the fall in share price. The share price went below $1. 54% of its bondholders agreed to the new scheme given my General Motors. Thus, it enabled GM to ask for bankruptcy protection from the court. The bankruptcy protection was granted to GM. (GM-History of an Automaker, 2009) The state protection was one of the milestones in General Motors history. It not only enabled it to recover from losses but it set a new beginning for General Motors. July 2009, was the period in which it started recovering from bankruptcy. At this time, it started off with only four brands. Most of the GM was now owned by the state. GM then sold its shares of Opel to a Russian company and started its restructuring. GM then announces a $3.5 billion deal for Am eriCredit. This was the step taken by GM to get support for the floatation of stock and later it started preparations for IPO. From the IPO, it was able to raise almost $20 billion. It was a comeback and a great achievement for GM. The share price also increased from $26 to $33.(General Motore-Timeline of trills and spills, 2011) In 2011, GM achieved a profit and recovered well from the bankruptcy. It gained a profit of $7.6 billion which was 62% higher than the