Now I Have $800 to Invest

LaLigaLaMarket · 07-09-2009, 10:24 AM

Today was my lucky day, I got my first sum of money that could at least be classified as an IM investment opportunity.

$800

I already have my own product ready just waiting for a proof reader to finish reading it.

What I would like to know is what would you do with $800, bearing in mind I don't want to do blog flipping, I want to invest it where residual income will come from.

Thanks.

btheiler · 07-09-2009, 10:29 AM

I would personally invest this in webhosting and domains to get your product up and running. You indicated you had a product, but was just waiting for it to be proof read. Start getting things in motion for it.

In addition, obviously that won't use nearly your $800, but start making websites that could make you some residual commissions on the side from either adsense or affiliate commissions.

yesacpow · 07-09-2009, 10:32 AM

Once your product is complete, you can use $50 to get it listed on the clicbank market place.

If you can't get a proper affiliate page done, pay someone $100-150 to get one done for you.

Use the remainder of funds to have some articles written to promote your product.

Sven Schoene · 07-09-2009, 10:38 AM

Well, maybe it's too obvious, but how about investing that money in AdWords?

Corwinnx · 07-09-2009, 11:00 AM

All of the above and more.

Each of the things that you've been told in this thread are ways to get your product to market.

Take each one, figure out a cost and/or budget (for example, putting in the CB marketplace is a fixed $50.00 but a ppc campaign will be determined by CPC, so you'll have to set a 'budget' according to that) for each, and then come up with a 'marketing investment plan.'

Use a calendar to specify the dates and times you will implement each one.

Google calendars are awesome for this.

Notes:

Set up your lead capture (auto responder, first, and pre-populate with as many messages as you can. You can always edit them to add affiliate links and upsell, downsell and backend links later)

You can use PLR material to populate your auto responder as well.

Don't rule out Yahoo and MSN for ppc

Figure out an upsell, and a backend for your product- (even a downsell and a side sell)
Choices include: Affiliate Products, PLR products, expanded versions of your own product, collapsed versions for a downsell, audios of your products, videos, etc.

Setting all of this up, with a budget and a shedule will give you a greater chance at having not just a successful product launch, but a successful 'business.'

I've sent you a PM with my email address if you need any help setting these things up.

Congratulations on taking action and welcome to the WF.

Warmest Regards,
Marcus Ramirez

Steven Carl Kelly · 07-09-2009, 11:05 AM

I'd set up hosting and a sales page, then pay someone with a massive, active list to e-mail the link and a recommendation to it. My experience says that's usually more effective than PPC.

JAIDEEP2959 · 07-09-2009, 11:10 AM

Start promoting clickbank product using facebook advertising.

DSinick · 07-09-2009, 11:12 AM

Make sure that your site has a place where people give you their e-mail information, creating a list will be very valuable to what you're doing. I think that (if you can) - the paying someone to promote your product to a large & active e-mail list would be extremely beneficial.

YoungMoulah · 07-09-2009, 11:27 AM

Reward yourself with the money first, I.e. chill, relax, do something entertaining like go out for dinner or another night out.

This will put you in a mindset to go get more money hopefully. Remember, all work and no play makes Homer a dull boy.

LaLigaLaMarket · 07-09-2009, 11:30 AM

My product already has a salespage made for it, everything is ready to go (youtube advertising, video explaining the product, article written) apart from proofreading and the email series which I'm working on.

Some People have said adwords, I am sort of good with adwords, with minute success, mostly just over 100% ROI but that is';t my own product, I wonder how to do it with my own product.

Also everyone Michael has sent me a PM and god bless Michael because I'm going to take action on what he has said.

Quote:

Originally Posted by YoungMoulah

Reward yourself with the money first, I.e. chill, relax, do something entertaining like go out for dinner or another night out.

This will put you in a mindset to go get more money hopefully. Remember, all work and no play makes Homer a dull boy.

Nice idea, I've already spent $400 treating myself, because I really needed something to lift my mood to get back into the swing of things.

Jagged · 07-09-2009, 11:34 AM

Look into the WarRoom here at the WF as your first "investment" into your IM career. If not the first, definately make it one of the top 5.
Would be a very smart move...The information in there is priceless...
No ebook, video or membership site can teach you whats locked away in there...

Good Luck,
Ken

07-09-2009, 10:24 AM	#1
LaLigaLaMarket Warrior Member Join Date: Jul 2009 Posts: 2 Thanks: 0 Thanked 0 Times in 0 Posts	Now I Have $800 to Invest Today was my lucky day, I got my first sum of money that could at least be classified as an IM investment opportunity. $800 I already have my own product ready just waiting for a proof reader to finish reading it. What I would like to know is what would you do with $800, bearing in mind I don't want to do blog flipping, I want to invest it where residual income will come from. Thanks.

07-09-2009, 10:29 AM	#2
btheiler Active Warrior War Room Member Join Date: May 2007 Location: OH-IO Posts: 72 Thanks: 1 Thanked 4 Times in 4 Posts Social Networking	Re: Now I Have $800 to Invest I would personally invest this in webhosting and domains to get your product up and running. You indicated you had a product, but was just waiting for it to be proof read. Start getting things in motion for it. In addition, obviously that won't use nearly your $800, but start making websites that could make you some residual commissions on the side from either adsense or affiliate commissions.
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07-09-2009, 10:32 AM	#3
yesacpow Advanced Warrior War Room Member Join Date: Nov 2008 Location: Jamaica Posts: 975 Blog Entries: 7 Thanks: 61 Thanked 343 Times in 120 Posts Social Networking	Re: Now I Have $800 to Invest Once your product is complete, you can use $50 to get it listed on the clicbank market place. If you can't get a proper affiliate page done, pay someone $100-150 to get one done for you. Use the remainder of funds to have some articles written to promote your product.
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07-09-2009, 10:38 AM	#4
Sven Schoene Psychology KING War Room Member Join Date: Jun 2009 Location: Hamburg, Germany Posts: 154 Thanks: 279 Thanked 41 Times in 18 Posts	Re: Now I Have $800 to Invest Well, maybe it's too obvious, but how about investing that money in AdWords?
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07-09-2009, 11:00 AM	#5
Corwinnx Banned Join Date: Sep 2007 Location: Fort Lauderdale, Florida Posts: 853 Blog Entries: 7 Thanks: 108 Thanked 172 Times in 81 Posts	Re: Now I Have $800 to Invest All of the above and more. Each of the things that you've been told in this thread are ways to get your product to market. Take each one, figure out a cost and/or budget (for example, putting in the CB marketplace is a fixed $50.00 but a ppc campaign will be determined by CPC, so you'll have to set a 'budget' according to that) for each, and then come up with a 'marketing investment plan.' Use a calendar to specify the dates and times you will implement each one. Google calendars are awesome for this. Notes: Set up your lead capture (auto responder, first, and pre-populate with as many messages as you can. You can always edit them to add affiliate links and upsell, downsell and backend links later) You can use PLR material to populate your auto responder as well. Don't rule out Yahoo and MSN for ppc Figure out an upsell, and a backend for your product- (even a downsell and a side sell) Choices include: Affiliate Products, PLR products, expanded versions of your own product, collapsed versions for a downsell, audios of your products, videos, etc. Setting all of this up, with a budget and a shedule will give you a greater chance at having not just a successful product launch, but a successful 'business.' I've sent you a PM with my email address if you need any help setting these things up. Congratulations on taking action and welcome to the WF. Warmest Regards, Marcus Ramirez

07-09-2009, 11:05 AM	#6
Steven Carl Kelly Trust Christ Alone War Room Member Join Date: Sep 2008 Location: Central Florida Posts: 3,014 Thanks: 63 Thanked 806 Times in 391 Posts	Re: Now I Have $800 to Invest I'd set up hosting and a sales page, then pay someone with a massive, active list to e-mail the link and a recommendation to it. My experience says that's usually more effective than PPC.
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07-09-2009, 11:10 AM	#7
JAIDEEP2959 Senior Warrior Member War Room Member Join Date: Jul 2008 Posts: 1,102 Thanks: 72 Thanked 218 Times in 80 Posts Social Networking Contact Info	Re: Now I Have $800 to Invest Start promoting clickbank product using facebook advertising.
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07-09-2009, 11:12 AM	#8
DSinick www.RealWorldTraffic.com War Room Member Join Date: Jul 2009 Posts: 16 Thanks: 0 Thanked 2 Times in 2 Posts Social Networking	Re: Now I Have $800 to Invest Make sure that your site has a place where people give you their e-mail information, creating a list will be very valuable to what you're doing. I think that (if you can) - the paying someone to promote your product to a large & active e-mail list would be extremely beneficial.

07-09-2009, 11:27 AM	#9
YoungMoulah Active Warrior Join Date: Jun 2009 Posts: 60 Thanks: 3 Thanked 4 Times in 2 Posts	Re: Now I Have $800 to Invest Reward yourself with the money first, I.e. chill, relax, do something entertaining like go out for dinner or another night out. This will put you in a mindset to go get more money hopefully. Remember, all work and no play makes Homer a dull boy.

07-09-2009, 11:34 AM	#11
Jagged Ken Perry War Room Member Join Date: Aug 2008 Location: Tucson, Phoenix AZ Posts: 844 Blog Entries: 11 Thanks: 151 Thanked 406 Times in 197 Posts Social Networking	Re: Now I Have $800 to Invest Look into the WarRoom here at the WF as your first "investment" into your IM career. If not the first, definately make it one of the top 5. Would be a very smart move...The information in there is priceless... No ebook, video or membership site can teach you whats locked away in there... Good Luck, Ken