When I started my internet marketing career, I knew that in order to succeed online I had to duplicate what my mentors were doing.
I had read several popular ebooks at that time, written by marketing gurus, and each of them explained how to research niche markets in order to find out what products to create or sell.
But right in front of me, staring me in the face were ebooks that I had bought. So I thought to myself, if this guru wrote this ebook and sold a copy to me, then obviously the best thing for me to do is to create an ebook to sell!
Boy was I wrong, and I'm glad I never wrote that ebook to start my career. Do you know how many $20 ebooks you would have to sell in order to make your first $10,000? 500 sales! That's right, you have to make 500 sales just to clear $10k.
Now don't get me wrong, ebooks have many important purposes including lead generation and viral marketing, but when you are just starting out and need cash flow, you might be better off saving the $20 ebook project until you've built up your following.
And now for the secret you don't often hear about from the gurus!
You need to sell high-ticket items!
Let's say instead of the $20 ebook you decide to sell a product that gives you a $1000 commission. How many sales do you have to make to reach your $10k goal? Just 10!
And remember, as long as you have a great offer, it isn't much harder to sell a big-ticket items than it is to sell a lower-priced item.
Now think of one more important point. Think of all the time you would need to spend supporting 500 customers vs. 10 customers. I don't know about you, but I would rather focus my energy on just 10 customers each willing to pay me $1000 each!
Have you ever wondered why the gurus put on so many seminars? They like to go for the big kill! Many seminars charge upwards of $2,000, $5,000 or more. When you do the math, it isn't hard to see that $50,000 is pretty easy to make when you are selling $5,000 products.
So, if you racking your brain trying to figure out what products to promote next, follow these 3 simple guidelines in order to narrow it down:
1. Focus on 1 or 2 products to promote at first so you don't get overwhelmed.
2. Make sure the products are ones you believe in. Don't let great sales copy from mediocre product talk you into joining the affiliate program. You may be putting a lot of effort into something that might only pay miniscule commissions!
3. Look for hot-selling items that carry a high price tag. Getting just a few sales of these big-ticket items can make you thousands!
Author Kent Thompson can help you find some big-ticket products to promote. Find out how you can make $1000 or $3200 per sale without hardly lifting a finger! Check out http://whoiskentthompson.com
Regarded as one of the choice Internet marketing systems offered... Read More
When starting a Web business, most people choose a topic... Read More
Many affiliates fail in affiliate marketing because they limit their... Read More
Ever wondered if, apart from Google Adsense, there were other... Read More
Affiliate marketing is an easy way to get started making... Read More
If you are planning to be a reseller for a... Read More
1. Participate in chat rooms related to the product you're... Read More
There are certain things we need in life that must... Read More
You have probably heard "the money is in the list"... Read More
In this holiday season online shopping is hotter than ever!... Read More
Do you go through affiliate programs like most people go... Read More
Affiliate Marketing is having Affiliates do your Marketing for you.... Read More
If you've been involved in making money on the internet,... Read More
So we're looking at E-zine advertising. Just a quick overview... Read More
One of the biggest if not the leading problem for... Read More
Affiliate marketing has been around on the Web for quite... Read More
If you have wanted to find a way to make... Read More
I'm sure you've heard the expression, "This is where you... Read More
So you've joined an affiliate program, but really haven't figured... Read More
Affiliate Program have exploded on the internet. Thousand of people... Read More
Are we Really in an Economic Recession?Some US statistics seem... Read More
Many people are confused when they first become iterested in... Read More
To illustrate the concept of arranging simple joint ventures that... Read More
Publishing articles online is a highly effective way to increase... Read More
Affiliate programs are now one of the most popular ways... Read More
Many seasoned professional speakers agree that you can make more... Read More
ACTIVE AFFILIATES are those who sign up under you for... Read More
Are you looking for a profitable Affiliate Program?When you start... Read More
In this article I'm going to cover two specific marketing... Read More
Well that depends ultimately on you! Let me explain?I have... Read More
It has been said that only 2% of affiliate marketers... Read More
Affiliate Marketing (AM) is fast becoming a major trend in... Read More
If you are planning to take the path of the... Read More
Are we Really in an Economic Recession?Some US statistics seem... Read More
So you want to start your own business, and you... Read More
One of the biggest if not the leading problem for... Read More
Internet business is a bit confusing especially if you're not... Read More
In my article "Affiliate Marketing What Is It And Why... Read More
Do you participate in chat rooms and message boards related... Read More
Affiliate programs (also called Referral Programs or Partnership Programs) are... Read More
"What's the Buzz About?""I made $5,000 in one week""I quit... Read More
When I came upon that little word -- Niche --... Read More
How do you choose the products you buy? Do you... Read More
Affiliate programs are a great way to earn an income... Read More
This article is the second of my two part series... Read More
Journalist Henk van Ess has caused a flurry of excitement... Read More
If there really is a big secret at all, it... Read More
How do we go about getting success with affiliate programs... Read More
Honestly, I'm not a big affiliate fan because in the... Read More
There are obviously many ways to make money online, some... Read More
Joining an Affiliate Program is a great way to start... Read More
It is an often quoted statistic that about 90% of... Read More
Affiliate Marketing is a large business piece on the Internet.... Read More
Affiliate Marketing is currently one of the most popular and... Read More
Starting up your internet business as a member of an... Read More
Some tips for Affiliate MarketersSo Google has changed its policies... Read More
So we're looking at E-zine advertising. Just a quick overview... Read More
Affiliate marketing is one tough business. Everyone online... Read More
Substantial opportunities for increased sales and profits are missed by... Read More
The dawning of the cyberspace era is at hand. The... Read More
Affiliate marketing has been around on the Web for quite... Read More
You've probably heard some of the affiliate success stories from... Read More
It seems that everybody is into making money online these... Read More
Okay so you've read (fill in the blank with internet... Read More
There are many ways to generate sales, but there are... Read More
It is every affiliate's wish to have unique site content... Read More
Affiliate Revenue |