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| | #1 |
| HyperActive Warrior War Room Member Join Date: Apr 2009 Location: USA
Posts: 146
Thanks: 25
Thanked 4 Times in 3 Posts
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Has anyone created a site for an offline business, got it ranking well, and then charged at least $5K per month for it? I'm just wondering if this is being done, because I am now beginning to work in this area of IM, and I want to keep my expectation levels in check. Thanks. |
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| | #2 |
| Less Think More Do War Room Member Join Date: Nov 2007 Location: AZ
Posts: 1,280
Thanks: 268
Thanked 349 Times in 190 Posts
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I've been experimenting with this method a little lately too, and I've been finding (maybe it's my pitch) that people expect to see a return of at least what they're paying in rent per month or it's not worth it to them... So, if you can create a site that meets your clients ROI then theoretically it should be worth it to them. I've got a client that I'm trying to work with right now that makes about 3500 per sale. According to their metrics it takes them about 29 leads to convert 1 sale... so if I can get them (theoretically) 29 leads per month from my site, they'll make 1 sale. Their desired ROI is 3:1 (make $3 for every $1 spent) so if I can make them 1 sale a month, they should be willing to pay me $1166.66 a month for that site and still hit their target. Again, this is all theoretic so far. Also, keep in mind that they are in a REALLY obscure niche, so 29 leads per month is going to be a little harder than it sounds. I've found that it's all about making it work with THE CLIENTS metrics (i.e. if they want exposure, uniques matter; if they want production, conversions matter; either way whatever THEY determine to be success is what matters)... make it make sense TO THEM and you can sell just about anything you want. |
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| | #3 | |
| Advanced Warrior Join Date: May 2003 Location: Maple Grove, MN , USA.
Posts: 785
Thanks: 30
Thanked 163 Times in 90 Posts
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Offline businesses will spend money on all kinds of offline ads, the biggest being yellow pages and the will have no idea what their ROI is. But a website has to pay for itself! I am not saying it shouldn't. But why are many of them so careless in all of their other advertising? What a minute, I know, because that's branding. ![]() They drive me nuts I tell ya. | |
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| | #4 |
| HyperActive Warrior War Room Member Join Date: Apr 2009 Location: USA
Posts: 146
Thanks: 25
Thanked 4 Times in 3 Posts
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Thanks guys. I appreciate your replies.
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| Tags |
| $5k, feeshas, rentasite |
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