How we made US$250,000 in our first 12 months on line - PowerPoint PPT Presentation

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How we made US$250,000 in our first 12 months on line

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Product must be downloadable it can be text, audio, video, software, or a mix. Come up with a 'twist', eg our baby sleep product. Either: Do it yourself, or ... – PowerPoint PPT presentation

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Title: How we made US$250,000 in our first 12 months on line


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How we made US250,000 in our first 12 months on
line
  • Andrew GrantDr Daryl Grant

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  • Who would like to learn a system that can make
    you thousands of dollars while you sleep?

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  • In the next 90 minutes well show you the exact
    system we used to make US250,000 in our first
    12 months online

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  • This system takes us less than an hour a week to
    maintain.

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  • The exciting news is
  • it produces
  • PASSIVE INCOME

7
  • Passive income means were not exchanging hours
    for dollars

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  • Wed tried lots of ways to make passive income
  • Property
  • Foreign exchange trading
  • Share trading

9
Heres what we achieved financially in our first
12 months online
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  • Most days we wake up to find an extra US500 or
    so in the bank

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  • In the first 2 weeks of this year (while most
    people were still on holidays) we made US7970

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The lifestyles great too
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We get to spend lots of time with the kids
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  • Heres what we did...

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We sell information products (ebooks) on line
  • For example
  • www.practical-report-writing.com
  • www.skin-cancer-advice.com
  • www.inspirational-kids-stories.com
  • www.adoption-advice.com

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The basic steps are
  • Identify a potential market niche
  • Test the niche to see if it will be profitable
  • Develop the product
  • Write the sales letter
  • Build the website, with a process to collect the
    money
  • Monitor and fine tune

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Step 1 Identify a market niche
  • You want a niche with enough traffic, hungry
    crowd, low advertising costs
  • You dont have to know anything about the product
    (in fact its often better if you dont)
  • Look for traffic volume using www.pixelfast.com/ov
    erture
  • Search on Google for competition using a Google
    search

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  • Research the topic using pixelfast

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  • Check for competition using a Google search

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Step 2 Test for profitability
  • Put up a survey site
  • Advertise it using Google Adwords
  • Run it for three days
  • Measure the response rate and advertising cost
  • Look at what the customers are saying they want

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  • Survey site example

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A great survey site is one which
  • Gets 500 or more visitors a day
  • Costs no more than 10c a click for your Google
    Ads
  • Gets at least 5 of visitors to your site to
    leave feedback

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Step 3 Develop the product
  • Product must be downloadable it can be text,
    audio, video, software, or a mix
  • Come up with a twist, eg our baby sleep product
  • Either
  • Do it yourself, or
  • Get someone else to do it for you using
    www.rentacoder.com

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Step 4 Write the sales letter
  • Either
  • Write it yourself
  • Write it yourself using software (eg Killer Web
    Copywriter)
  • Get someone else to write it

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Step 5 Build the website
  • Keep it to a basic one page sales letter with a
    great headline
  • Decide on the graphics
  • Sign up to Clickbank (www.clickbank.com) for
    payments
  • Include Google code to measure the conversion
    rate

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www.skin-cancer-advice.com
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www.inspirational-kids-stories.com
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www.practical-report-writing.com
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Step 6 Measure and fine-tune
  • Split-test the sales letter
  • Conversion rate (aim for 1 or more)
  • Monitor the Google ad campaign
  • Number of clicks (aim for 500 clicks per day)
  • Click through rate
  • Cost per click (aim for 10c per click)

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How much does each site make?
  • To begin with, we aim for 500 clicks a day, 10c
    per click, 1 close rate, 30 product.
  • This gives 5 sales a day (150 a day income) at a
    cost of 50.
  • Gross monthly income 4,500 per site.
  • Once this is in place, build up volume and close
    rate, and reduce costs.

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With some fine tuning, heres what this site
could make
  • 1,500 clicks a day, 10c per click, 1.1 close
    rate, US35 product.
  • This gives you 16.5 sales a day. US578 a day
    income at a cost of US150.
  • Gross monthly income US17,325.
  • Note Results will vary based on individual
    circumstances such as the niche and your
    marketing ability. These figures are for
    demonstration purposes only.

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  • Once your ebook site is making money you can
    apply more advanced strategies

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Examples of Advanced Strategies
  • Sell back end products (CDs, DVDs)
  • Put a forced continuity (subscription) program
    in place
  • Deliver high end coaching
  • Sell other peoples products (via JV or affiliate
    programs)
  • Sell your ebook site
  • etc, etc, etc

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Whats next for YOU?
  • Statistically, only 10 of you will go away and
    apply the information youve seen here.
  • Will you be part of the 10? Or part of the 90?
  • What is the critical thing that makes the
    difference?

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The secret to success
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  • Before we could be successful with PASSIVE INCOME
    we had to identify and eliminate ourSUBCONSCIOUS
    blockages

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Our blockages to success with passive income
  • Beliefs that were holding us back
  • Earning money requires hard work - if its too
    easy I feel guilty
  • Really good opportunities are scarce
  • I need to take things stepwise and build up
    knowledge and experience
  • Passive income is hard to generate
  • Direct mail stuff is shonky
  • This American stuff wont work in Australia
  • My self-worth comes from consulting achievements

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  • Heres what we replaced them with

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Heres what we replaced them with
  • New subconscious beliefs that led to success
  • Money comes easily to me
  • Great opportunities are everywhere
  • I have more than enough knowledge and experience
    to act now
  • Passive income is easy to generate once you know
    how
  • Direct mail stuff is innovative
  • I have a world-wide market
  • My self-worth is innate it doesnt depend on
    what I achieve

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  • Join our Program and we will show you in detail
    what we did to make US250,000 Passive Income in
    our First 12 Months Online

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Heres what you get
  • Starter Pack
  • 6 CD-Set
  • Weekly Eclasses for 6 months
  • Quick Start Guide
  • How to Use the Pack booklet
  • BONUS - DVD set of our 1-day workshop Building a
    millionaire mindsethow to identify and remove
    blockages to financial success
  • BONUS - 1 month subscription to 2 of our best
    membership sites
  • www.money-mind-set.com
  • www.InternetTrafficMastery.com
  • Total Value1,581

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Heres whats in the Deluxe Pack
  • 6 CD-Set
  • Weekly Eclasses for 12 months
  • Quick Start Guide
  • How to Use the Pack booklet
  • Introductory DVD
  • Transcripts of the 6 CD-Set
  • Camtasia Videos of our processes
  • 4 hours of One-on-One Coaching

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Plus these FREE GIFTS
  • Software to help you write the sales letter
  • Critique of your sales letter by our copywriter
  • Sales letter split-tested to maximise returns
  • Website (with all the functionality we use) built
    for you
  • DVDs of our 4 x 1-day workshops
  • 1 month subscription to 2 of our best membership
    sites
  • Total Value8,331

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Liz Noble - Sydney
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Your price today
  • Starter Deluxe pack pack
  • Value 1,581 8,331
  • Price Today 995 2,495
  • Or 3 x monthly payments of 875
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