Newbies, keep it simple: 500 clicks = full time income
Hopefully this post is a bit of inspiration and clarity for newbies and part timers.
If you can build your list up to average 500 clicks for each email you send, you can go full time.
Yes, I know it's a huge generalization, but I think it's very conservative.
Lets do the math:
500 clicks sent
2% conversion rate
= 10 sales per email sent
10 sales x $20 (average commission) = $200 per email.
If you send out to your list just 3 times per week, you'd make $600 a week which works out to $31,200 a year profit.
And that's just from promoting little $20 commission low ticket items. You actually should be making a lot more!
So how big does your list have to be to get up to 500 clicks?
If on average 15% of the people open your emails, and 1/3 of those people click through, you need about 10,000 subscribers. If you can get just 50 subscribers per day, you can get there in like 6 to 7 months.
I can hear the experience marketers grumbling that you should make A LOT more than that from a list of 10k.
Again this is just a simple example, but my goal is to show you the light at the end of the tunnel with an easy to understand concept.
And once you get your head around the cash cow that building a list gives you, you'll be happy to know that this is just the very tip of the iceberg.
Once you have the time to focus your full efforts on your business, you'll create many additional income streams and realize that six figures a year is not a big deal in this industry.
If you can build your list up to average 500 clicks for each email you send, you can go full time.
Yes, I know it's a huge generalization, but I think it's very conservative.
Lets do the math:
500 clicks sent
2% conversion rate
= 10 sales per email sent
10 sales x $20 (average commission) = $200 per email.
If you send out to your list just 3 times per week, you'd make $600 a week which works out to $31,200 a year profit.
And that's just from promoting little $20 commission low ticket items. You actually should be making a lot more!
So how big does your list have to be to get up to 500 clicks?
If on average 15% of the people open your emails, and 1/3 of those people click through, you need about 10,000 subscribers. If you can get just 50 subscribers per day, you can get there in like 6 to 7 months.
I can hear the experience marketers grumbling that you should make A LOT more than that from a list of 10k.
Again this is just a simple example, but my goal is to show you the light at the end of the tunnel with an easy to understand concept.
And once you get your head around the cash cow that building a list gives you, you'll be happy to know that this is just the very tip of the iceberg.
Once you have the time to focus your full efforts on your business, you'll create many additional income streams and realize that six figures a year is not a big deal in this industry.
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