One Little-Known Secret to Wealth the Gurus Never Told You About!
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 whoiskentthompson.com">http://whoiskentthompson.com
Monday markets in the Far East from Japan to Shanghai to Hong Kong to Australia were all down overnight spoiling the idea that a Friday resurgence in these markets was a new start of indexes ramping higher as Q3 earnings results here at home begin to command headlines Included among
The twenty-four-hour news cycle can sometimes lead to overreaction in the financial markets. We have become so used to markets that react violently to news that when something seemingly important comes along and a market barely reacts, it comes as a major surprise. That is why many people are scratching their heads
This content is made possible by our sponsor; the views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. With unemployment levels at a low of 3.7% (a number it hasn't reached since December 1969) and the stock market soaring higher than
With the equities markets taking a beating this week, and many falling in line with Morgan Stanley’s cry of “regime change” and prognosis that we’ve reached the “tipping point” that puts us into bear territory, it’s unsettling when another billionaire broker chimes in with a theory that “enormous piles of cash” are
Crude oil is about to end this week with the first weekly loss in a while under the combined weight of various bearish factors, but some analysts still believe we could witness Brent at US$100 a barrel before the year’s end. Others are more guarded in their predictions, but one thing is certain: the current price
Keeping in mind the old adage idle hands do the devil s work and seeing as how no experts on Wall Street can conclusively explain the reason behind the titanic market sell off of the past couple days in the markets perhaps the real culprit is the lack of economic data to shore up
By Avi Gilburt, ElliottWaveTrader.net It seems the pundits have lost their way. The reasons for the market moves have now confounded most market participants and pundits to such an extent, and they are stretching so far to provide a reason for a market move, that we have moved from the ridiculous to the sublime.
After a decade-long bull run, Morgan Stanley now says it’s seeing signals that it might be time to ditch the growth stocks and hit up value again, with interest rate hikes potentially paving the way for end-of-cycle risks. It’s what Morgan Stanley calls a “tipping point” that “lays the groundwork for something of a
Oil industry titans are still not in agreement over what to expect from oil prices in the near future, with a wide array of guesses calling for both a spike in prices and a renewed downturn. At the Oil & Money Conference in London, this disagreement was on display . Ian Taylor of Vitol, an energy trader, said that
Another big drop hitting this morning s pre market indexes following one of the biggest sell offs in 8 months yesterday Both the Dow and Nasdaq hived off more than 3 on Wednesday while the Nasdaq fell 4 Usually these types of performances are direct reactions to cataclysmic events that
Shutterstock photo Days like yesterday are shocking for investors. The Dow fell over 800 points, representing a drop of over three percent, while the Nasdaq fared even worse on a percentage basis losing over four percent on the day. Those are scary numbers, and most people’s reaction is to immediately start
Natural gas prices have spiked over the last few weeks as U.S. inventories run low ahead of the peak winter heating season. Nymex natural gas prices have jumped nearly 15 percent over the past month, rising to roughly $3.30 per million Btu (MMBtu). The market has clearly grown a little concerned about adequate
Shutterstock photo Credit-analysis firm Moody’s Investors Service is sounding the alarm bells over “rising inequality” as the gap widens between America’s rich and poor, potentially threatening the country’s AAA rating. So much for that vision of a newly emboldened American working class … Instead, Trump’s
America s hurricane season is no joke a new Category 4 storm 160 Hurricane Michael is pointed toward the Florida panhandle and expected to make landfall this afternoon No fewer than 35 counties in the area have declared a state of emergency Should this storm strike with its current 145
Ahead of today s market open futures are once again down now for the fourth consecutive day going back to last week s historically strong employment numbers from Wednesday s ADP private sector payroll report to Thursday s jobless claims to Friday s federal government non farm payrolls