How To Generate $6,849.90 In A Month With Niche Marketing

Discussion in 'General Business' started by Fabian.JH, May 16, 2008.

  1. #1
    I won't be talking about product creation, PLR, or JV's with this article.

    What you will find is a simple blueprint for generating $6,849.90 per month.

    It'll appear simple to those who already generate similar figures or more, but this will help those who are just getting started.

    Ok, the figure of $6,849.90 is actually profits.

    Your target revenue is $10,000 per month. $333.33 per day.

    And you'll do it with a product selling at about $49.95.

    Let's take the average of 30 days in a month and consider how many copies we'll need to sell of your $49.95 product in a month:

    $49.95 product => 7 copies per day, 210 copies per month

    Is selling 7 copies per day of a $49.95 product (your own product, you keep all the profits!) doable? It certainly is!

    Let's go for a conversion rate of 2% (very conservative estimate):

    Selling 7 copies at 2% conversion => you'd need 350 visitors per day

    This is how we're going to promote our product without JV's:

    1. PPC (Adwords, Yahoo, MSN, alternative networks)

    2. Article Marketing

    3. Social networking/social bookmarking

    4. Forums

    5. Press Release

    6. SEO

    All these tactics have the potential to generate 350 visitors per day alone (probably other than forum marketing), but by combining them, 350 visitors per day is certainly achievable.

    Let's go with Adwords for a moment.

    At the worst, let's say your cost per click is $0.30 to $0.50.

    $0.30 x 350 visitors = $105 in Adwords spending per day (daily profits = $333.33 (avg 7 sales per day) - $105 = $228.33 per day. $6,849.90 per month)

    Worst case scenario (if you're only able to get $0.50 clicks)

    $0.50 x 350 visitors = $175 in Adwords spending per day (daily profits = $333.33 - $175 = $158.33 per day. It's still $5250 in profits per month)

    To do all this, you'd obviously need two things ==> targeted traffic and a quality product.

    Product creation is beyond the scope the post.

    But you've already seen what's possible with an average conversion rate of 2%, relatively high cost per clicks of $0.30-$0.50, just 350 visitors per day, and a $49.95 product.

    If you double your conversion rates to 4%, that's about $13,699.80 in pure profits every month.

    And if you do use free traffic to get 350 visitors per day, it's all pure profit of about $300 per day.

    Internet marketing is simple, folks.

    Stop chasing the latest dream scheme and just follow this blueprint and you won't go wrong.

    Fabian
     
    Fabian.JH, May 16, 2008 IP
  2. Joomla Dude

    Joomla Dude Banned

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    #2
    I wish,if i could have gone thorugh your articles,but after reading the thread title,i just passed onto reply.
    Well,making 333$ a day is not at all an easy task. Its pretty very tough.But if you can show some proofs,then it would great for the ppl who will look into the thread.
    Thanks..
     
    Joomla Dude, May 16, 2008 IP
  3. infinity_grimm

    infinity_grimm Peon

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    #3
    yeah....show some proof...
     
    infinity_grimm, May 16, 2008 IP
  4. GemeTK

    GemeTK Peon

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    #4
    Can you sell 7 ebooks from 350 visitors?
     
    GemeTK, May 16, 2008 IP
  5. motonyvated

    motonyvated Peon

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    #5
    A very impressive post
     
    motonyvated, May 16, 2008 IP
  6. Farmer77

    Farmer77 Peon

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    #6
    I think a 1% conversion rate is a more conservative figure...
     
    Farmer77, May 16, 2008 IP
  7. Travis

    Travis Peon

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    #7
    Very sound theory...unfortunately execution is where most people go to die.

    If you don't do it right, it's easy to lose a lot of money quickly, when you're spending that much in AdWords per day, expecting a few sales.
     
    Travis, May 16, 2008 IP
  8. Micarpolite

    Micarpolite Banned

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    #8
    it must be a snare. Take care, my kindness ppl.
     
    Micarpolite, May 19, 2008 IP
  9. Lord Hades

    Lord Hades Peon

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    #9
    The theory's solid but the practicality is a bit questionable to say the least. It's pretty simple to blow up your $$ while engaging in PPC too.
     
    Lord Hades, May 19, 2008 IP
  10. Justin_S

    Justin_S Peon

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    #10
    thats a very huge amount.. :eek: it aint easy but it possible
     
    Justin_S, May 20, 2008 IP