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| View Poll Results: Is a $50 Million Dollar Info-Product Business Possible? | |||
| Yes, of course. | | 21 | 91.30% |
| No, you are crazy. | | 2 | 8.70% |
| Multiple Choice Poll. Voters: 23. You may not vote on this poll | |||
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| | LinkBack | Thread Tools |
| | #1 |
| $20 Million Dollar Man Join Date: Jan 2009 Location: Orange County, CA
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| Hello All. I have a question of discussion for everyone; Do you think it is possible that in the near future we will see a $50 million dollar Info-Product Man? A man that makes Eben Pagan, Frank Kern, and John Reese look like Beggars? A Man that dominates major niches in dozens of markets? I have run some numbers, and this is how the math would work out for a sample $50 Million Dollar business... Annual Sales- $50,000,000 Product Price- $197 Total Sales- 253,808 Sales Letter Conversion Rate- 4% AdWords Impressions- 317,260,000 Adwords Clicks-6,345,200 AdWords CTR- 2% Average CPC- .20 Total Adwords Expense-$1,269,040 Why hasn't anyone done this? I am not saying one niche can get 300 million impressions in one year, but dozens of niches? Mathematically it is VERY possible.... I am 100% convinced that we have a Roger Bannister situation here. Before Roger Bannister ran the mile in under 4 minutes (3 Minutes and 59 Seconds), people thought it was insane. They would let lions loose in Africa to force people to run 4 minute miles, and they couldn't do it. Scientists concluded that it was physiologically impossible. Your heart would burst. It just couldn't be done. What made this event so significant is that once the four minute barrier was broken by Roger Bannister, within three years, by the end of 1957, 16 other runners also cracked the four minute mile. The question for all Internet Marketers, Guru's Included is who will be our "Roger Bannister", and who will be the 16 or 1600 that follow..... |
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| | #2 |
| Advanced Warrior War Room Member |
I think one day it will happen. But product will probably cost way more. And at first someone needs to cross like 30 million dollar line. Since StomperNet had like 23mil, that is possible.
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| | #3 |
| $20 Million Dollar Man Join Date: Jan 2009 Location: Orange County, CA
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I would really like it if we got some input from Frank Kern, John Reese, and Jeff Walker here....Guys, what is holding "US" back?
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| | #4 |
| Senior Warrior Member War Room Member Join Date: Sep 2004 Location: USA
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Anything is possible online...anything. Especially when you are dealing with the masses WORLDWIDE.
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| | #5 |
| $20 Million Dollar Man Join Date: Jan 2009 Location: Orange County, CA
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Adding another Stipulation....$50 Million Dollars in non-IM NICHES...Possible or psycho?
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| | #6 |
| Offline Success War Room Member Join Date: Apr 2007 Location: USA
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Who's to say that it isn't already happening? People that are enjoying massive success rarely share their secrets with others - just because no one is advertising their success, doesn't mean that there aren't silent millionaires out there .All the best, Jonathon Locke |
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| | #7 |
| JamesFrancis.com War Room Member Join Date: Dec 2008 Location: Portsmouth, UK.
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Internet Marketing is all about being the best of the best. Everything you do, you should be wanting better, faster, stronger... Not only overcoming your competition, but also yourself. If you thought "hey, I'm going to be that guy" when reading this thread, you're already on the right path ![]() - James. |
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| | #8 |
| $20 Million Dollar Man Join Date: Jan 2009 Location: Orange County, CA
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Good point Jon Locke! PS-Are you the Jon Locke from LOST? he he Thats my fav show |
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| | #9 |
| Senior Warrior Member War Room Member Join Date: Oct 2005 Location: , , USA.
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Because getting a 4% conversion rate from an adwords campaign direct to sales letter in a market that could support that level of traffic at that price would be downright miraculous in my opinion. There are many marketers worth more than $50,000,000 from their online efforts, it's just not as simple and linear as opening up an adwords account and a clickbank account and saying "here look". Frank Kern and other guys have already shown that it's possible to get into the multiple millions in sales from utilizing a relatively small sector of the industry. You see it a lot when people start capping out on their target market. Rather than work twice as hard to squeeze out half as much, they'll start moving toward other markets that are simply bigger. I know of one individual that started in your average make money, foreclosure, forex type markets, went to film a late night commercial at the studio, and before long, was connected with guys that hocked Cleaning products and Safe Scissors and junk like that. Why would they go from selling a $197 product with thousands of bucks available in the back end system? Because rather than selling a $200 product to hundreds of thousands of people, it's easier to sell a $20 product to tens of millions of people. There are people out there sitting on lists of several million, not knowing how to use them, when we have guys in here with a 5,000 list making a killing. |
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Money isn't real, George. It doesn't matter. It only seems like it does.
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| | #10 | |
| Micah Rush Join Date: Aug 2008
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| Quote:
I will. If you believe you can or if you believe you cant you are right. I totally believe that there are people doing that much as we speak.... They just are not telling everyone! The real money is in CPA people.... 50 millions a year is not hard. | |
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| | #12 |
| Warrior Member Join Date: Mar 2009
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| | #13 |
| Gone fishing War Room Member Join Date: Sep 2008 Location: Florida, USA and Sussex, United Kingdom
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What's the highest Tony Robbins has grossed in a year?
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| | #14 |
| $20 Million Dollar Man Join Date: Jan 2009 Location: Orange County, CA
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My example was just a simple formula. I didn't even include Continuity, Back End, etc. My point was to show that $50 million is very possible. Can someone put together a full business formula, including sample conversion rates, continuity, backend, JV's, etc. I will work on one too
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| | #15 |
| $20 Million Dollar Man Join Date: Jan 2009 Location: Orange County, CA
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| | #16 |
| $20 Million Dollar Man Join Date: Jan 2009 Location: Orange County, CA
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What it comes down to is explanding your focus. If your sales letter converts at 4% from an ad-click, you can scale that puppy to the death.
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| | #18 |
| Senior Warrior Member War Room Member Join Date: Nov 2007 Location: Sarnia, Ontario
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The $50 Million Info - Empires already exist...I've seen it. One of my mentors ![]() Most of the individuals behind it prefer to be the ones 'in the background' that you don't see..... Check out Michael Masterson of Agora Publishing... - he 's done it repeatedly... Yes - it is a matter of the mind - 'what you can believe, you will achieve' |
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| | #19 | |
| selling online since 1999 War Room Member Join Date: Apr 2007 Location: Colorado
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| Quote:
And a $50M business would not make Eben Pagan look like a beggar ;-) I would expect him to reach that mark. | |
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| | #20 |
| HyperActive Warrior War Room Member Join Date: Feb 2005 Location: , , .
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If you operate as business you can reach hundreds of dollars even more from info product. Speaking about Rich Screfren, you might find his materials useful to reach your $50 millions mark Strategic Profits Vault |
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| | #21 |
| HyperActive Warrior War Room Member Join Date: Feb 2005 Location: , , .
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If you operate as business you can reach hundreds of dollars even more from info product. Speaking about Rich Screfren, you might find his materials useful to reach your $50 millions mark Strategic Profits Vault |
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| | #22 |
| HyperActive Warrior War Room Member Join Date: Nov 2006 Location: , , .
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Major publishing companies are already doing this. Agora's doing like $300M a year. |
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N/A
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| | #23 |
| Flyin' Low & Slow War Room Member Join Date: Nov 2008
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There are companies already doing this. For some reason there's a perception that the "celebrity" marketers are the ones that are earning the most money. There are marketers who you've never heard of that are earning multiples of what the "well known" marketers make. |
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| Tags |
| $50, business, calling, dollar, gurus, infoproduct, million |
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