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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Title: PowerPoint Presentation Author: Alitek Consulting Last modified by: Daryl Grant Created Date: 4/9/2003 12:20:23 AM Document presentation format – PowerPoint PPT presentation

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


1
How we made US250,000 in our first 12 months on
line
  • Andrew and Daryl Grant

2
  • Who would like to learn a system that can make
    you thousands of dollars while you sleep?

3
  • In the next 90 minutes well show you the exact
    system we used to make US250,000 in our first
    12 months online

4
  • This system takes us only about an hour a day to
    maintain.

5
  • The exciting news is
  • its primarily
  • PASSIVE INCOME

6
  • Passive income means were not exchanging dollars
    for hours

7
  • Wed tried lots of ways to make passive income
  • Property
  • Foreign exchange trading
  • Share trading

8
  • Questions?
  • Notes?

9
Heres what we achieved financially in our first
12 months online
10
  • Most days we wake up to find an extra US500 or
    so in the bank

11
  • In the first 2 weeks of this year (while most
    people were still on holidays) we made US7970

12
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13
and the lifestyles OK too
14
We also get to spend more time with the kids
15
  • Heres the first thing we did differently...

16
  • We overcame the overwhelm by applying 80/20
    decision-making tools to decide where to start

17
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

18
The basic steps are
  1. Identify a potential market niche
  2. Test the niche to see if it will be profitable
  3. Develop the product
  4. Write the sales letter
  5. Build the website, with a process to collect the
    money
  6. Monitor and fine tune

19
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 or www.keyworddiscovery.com/search.html
  • Search on Google for competition using a Google
    search, or Competition Spy

20
Research the topic using pixelfast
21
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22
Or research the topic using keyworddiscovery
23
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24
Check for competition using a Google search
25
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26
Or check for competition using Competition Spy
27
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30
Step 2 Test for profitability
  • Put up a survey site
  • Advertise it using Google Adwords (use Keyword
    Finder and Keyword List Maker to identify more
    profitable key words)
  • Run it for three days
  • Measure the response rate and advertising cost
  • Look at what the customers are saying they want

31
Survey site example
32
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33
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

34
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

35
Step 4 Write the sales letter
  • Either
  • Write it yourself
  • Write it yourself using software (eg Killer Web
    Copywriter, Burpies by Brett)
  • Get someone else to write it (eg Pete Godfrey)

36
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

37
www.skin-cancer-advice.com
38
www.inspirational-kids-stories.com
39
www.practical-report-writing.com
40
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)

41
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.

42
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.

43
Once your ebook site is making money, you can
apply more advanced strategies
44
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

45
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?

46
The secret to success
47
  • Heres the second thing we did differently...

48
  • We identified and eliminated ourSUBCONSCIOUS
    blockages to success

49
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

50
  • Before we could be successful with passive
    income we had to eliminate these blockages at a
    subconscious level

51
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

52
Our success resources
Mal EmeryMike FilsaimeBrett McFall
Paul Mary Blackburn
Alexei and Andrey (technical stuff)Pete Godfrey
(sales letters)
53
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
54
Heres what you get
  • Starter Pack
  • 6 CD-Set
  • Weekly Eclasses for 6 months
  • Quick Start Guide
  • How to Use the Pack booklet
  • BONUS - 1 Ticket to the Mental Toolbox Workshop,
    where youll identify and remove blockages to
    your financial success
  • Total ValueA1,788

55
Heres whats in the Deluxe Pack
  • 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

56
Plus 8,055 Worth of FREE GIFTS
  • Two tickets to the Mental Toolbox Workshop
  • Software to help you write the sales letter
    (Killer Web Copywriter)
  • Critique of your sales letter by Pete Godfrey
  • Sales letter split-tested to maximise returns
  • Website (with all the functionality we use) built
    for you
  • Two Tickets to our 4-day Workshop
  • DVDs of our 4-day workshop
  • Marketing software Competition Spy, Keyword
    Finder, Keyword List Maker
  • Total ValueA10,578

57
Plus, put all the risk on us, with our 100,
no-weasel-clause, money-back guarantee
  • Join our program today and try it out for a full
    30 days. If at the end of that time youre not
    convinced that its value for money, for whatever
    reason, just ask and well refund you
    immediately.
  • And you get to keep the two Mental Toolbox
    tickets (valued at A1,900) as our way of saying
    sorry for wasting your time.

58
Your price today
  • Starter Deluxe pack pack
  • Value 1,788 10,578
  • Price Today 665 2,995

59
Deluxe Pack Payment Plan
  • Deposit Today 795
  • Plus 5 x monthly payments of 495

60
  • We reward people for taking massive action

61
  • Massive Action Bonus Pack for joining
  • TODAY
  • Valued at NZ9,788

62
Plus, put all the risk on us, with our 100,
no-weasel-clause, money-back guarantee
  • Join our program today and try it out for a full
    30 days. If at the end of that time youre not
    convinced that its value for money, for whatever
    reason, just ask and well refund you
    immediately.
  • And you get to keep the two Mental Toolbox
    tickets (valued at A1,900) as our way of saying
    sorry for wasting your time.
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