I have done a bit of research on this and read articles such as the one on Ezine so i know there's plenty of Turnkey scams around but on a positive note, people say if you buy a Turnkey website from a reputable company and you know what your doing they can be profitable.
The type of Turnkey website i was specifically thinking of are the one's selling ebooks at sites such as TurnkeyNation. They say you get 100% of the profit for each ebook so unlike being an affiliate through ClickBank where you only get around 50% or sometimes 75% of the profit.
Would this be a realistic goal?
- Buy 10 ebook Turnkey websites for $39.99 = Total cost $399.99
- Sell 5 ebooks per month on each website. If the ebook costs around $20 then that will be $100 per month revenue from each site and in total $1000 per month from all 10 websites.
On average that's only selling just over 1 ebook per week on each site.
Important things of course are;
a) Finding Niche's which aren't over saturated.
b) Promoting the websites in the right places so potential buyers of these ebooks will see your site.
Ideally the advertising should be free. Say for instance your selling an ebook on health, you could join a busy forum about health related topics then post a link to your website in your signature and post often on the forum with useful posts so there's a good chance people will checkout the site.
On the TurnkeyNation website they also say a banner ad can bring in $308.45 per month revenue and that is only for one site. Times that by 10 and that is over $3000 per month then add the $1000 from selling the ebooks and that is over $4000 per month revenue.
Is this just a pipe dream or am i missing something obvious out? All this is based on only selling just 5 ebooks per month from each website also.