WSOs - Making $$ on the net; Do I have this right?

12 replies
I don't want to sound like this is "easy" or anything. I honestly give credit to those who have managed to make some money in the MMO world....BUT...Do I have this right? You all just kind of sell the same thing over and over again? But tweaked a little?

And much of what you sell is available for free, if the person just knows where to look? :confused:

Again, I don't want anyone to take this thread the wrong way. I know the ones who have made it have worked countless hours on it and put in the work.
#making #net #wsos
  • Profile picture of the author trevord92
    You could say the same for almost any industry.

    Most business books follow a formula and are quite samey in content, especially if they're in the same niche. Same goes for novels.

    Near enough all the "learn whatever in 24 hours" courses are available on the web for free in similar form.

    You're buying convenience and someone else's time researching.
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  • Profile picture of the author Marc Rodill
    Originally Posted by PaulGA123 View Post

    I don't want to sound like this is "easy" or anything. I honestly give credit to those who have managed to make some money in the MMO world....BUT...Do I have this right? You all just kind of sell the same thing over and over again? But tweaked a little?

    And much of what you sell is available for free, if the person just knows where to look? :confused:

    Again, I don't want anyone to take this thread the wrong way. I know the ones who have made it have worked countless hours on it and put in the work.
    Yes, of course you have the right. Don't let anyone tell you otherwise. You can sell anything you damn well please, that's up to you.

    Now it's a good idea not to violate any laws for obvious reasons, don't lie or misrepresent any facts, or make false income claims...

    But you don't have to sell "make money" to make money. Just make money first. Then you can sell "make money" because you have proof. It's a lot harder without proof. A lot harder.

    People are skeptical. They want proof. How can you blame them? We'd all want it if we were to buy from you, and you should provide it, or suffer the consequences of poor response.

    But what I don't like, is when people push the idea that you can't sell make money stuff until you attain some lofty ideal or goal about what they consider to be successful.

    Screw that.

    You're entitled to do sell whatever you want, whatever resonates with you, whenever you feel like it. But it would be smart to manage your reputation by being awesome at what you do.

    As for finding it for free...

    It's a non issue. Buyers are buyers.

    Most won't go find it. They're not that resourceful for one thing. They're paying for ease and convenience. They're paying to have it done for them. They want to purchase it.

    Two, a lot of sales is about overcoming skepticism about the "concept" being real, that it's even possible in the first place, which precludes them from looking. Which is where you come in.

    Honestly you're doing people a favor by expanding their possibilities. Most don't value things they can find, research, sort, and assimilate on their own. It's work. Less free time. Flat out.

    Libraries have been around since you and I have been around. Very few have a library card on average at any given time. They don't go looking for the tools.

    That's just a reality. Therefore it's pretty valuable for you to provide it all for them, totally done for them, organized appropriately in one easy to use place.

    Thing is...

    There are too many different "ways" to make money online. Yes, the core business principles remain constant and will never change. But the "ways" are distracting.

    Cut through the clutter. Help people. Profit. Get on with it.

    Marc
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    Long Lost Warriors! The Secret Sales System! Act Now! Buy Now! Right Now!
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    • Profile picture of the author PaulGA123
      Thanks guys! I really appreciate the discussion.

      But you don't have to sell "make money" to make money. Just make money first. Then you can sell "make money" because you have proof. It's a lot harder without proof. A lot harder.
      This makes sense and is obviously what I have seen from the WSOs here. I guess I could start my own; "How I made $17.85 in 2 months doing very little!" Any takers?

      The key word here is very little. However, I am enjoying the process of learning and this forum is PRICELESS!
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    • Originally Posted by Marc Rodill View Post

      Yes, of course you have the right.
      I don't think the OP was asking whether he "had the right" to sell the same thing over and over again even though much of it is available for free, etc, but moreso, he was asking wether he was "right in assuming" that this is how its done for the most part.
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      Arnold Stolting - Stolting Media Group
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      "They Are FANTASTIC!" - Willie Crawford.

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      • Profile picture of the author PaulGA123
        Originally Posted by stoltingmediagroup View Post

        I don't think the OP was asking whether he "had the right" to sell the same thing over and over again even though much of it is available for free, etc, but moreso, he was asking wether he was "right in assuming" that this is how its done for the most part.

        That's correct Arnold. I did, however, get the answer to the question. Thank you.
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    • Profile picture of the author DubDubDubDot
      Originally Posted by PaulGA123 View Post

      You all just kind of sell the same thing over and over again? But tweaked a little?
      Correct.

      The challenge for MMO sellers is that as the bar of entry to run an online business gets higher, the likelihood of a newbie buying a course goes down. So it's very common for courses to be made up of information that is less than optimal for the current period and may even be obsolete. But the newbies demand material that is very easy to understand, requires little to no skill and something they can get started with right away. So that's what the sellers give them. The unfortunate reality is that you'd have to go back in time 10 years for those kind of plans to be optimal.

      Originally Posted by Marc Rodill View Post

      Just make money first. Then you can sell "make money" because you have proof. It's a lot harder without proof. A lot harder.
      Nobody who finds success online decides to take time away from it so they can train newbies. Nobody. In 15+ years I have seen this exactly zero times. Yet the forums (if you take everything at face value, which would be stupid) supposedly have hundreds of people doing just that.

      So while it does make some sense that you should find success before you become a guru, that isn't how the MMO industry works. It is standard practice to use smoke & mirrors until you make enough money selling courses to be able to use that as "proof" of success.
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  • Profile picture of the author John Atkins
    Believe it or not there are people who make money by promoting stuff or from their own website/s rather than selling "tweaked" stuff as you're suggesting. Actually there's much more money to be made with the former.
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  • Profile picture of the author pingsters
    Banned
    It depends on how much time you invest. The key is to build relation ship. if you have a list and you share your 1st product with your list and for example you got 100 happy costumers. After your 2nd release you'll have at least 70 Sales guaranteed if you priced your product well.

    So it's all about building relation ship. And adding more and more subscriber to your list. or costumers to your database.

    Hope that helps.
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  • Profile picture of the author PaulGA123
    It does Faye! Thank you!
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  • Profile picture of the author WillR
    Originally Posted by PaulGA123 View Post

    And much of what you sell is available for free, if the person just knows where to look? :confused:
    I could wash my car for free but I still pay people to do it.

    I could cook myself a hamburger but I still go to McDondalds.

    I could drink cheaper beer at home but I still go to the pub.

    I could iron my own shirts but I get them dry cleaned.

    One word. Convenience.

    People are happy to pay for convenience these days.
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  • Profile picture of the author tpw
    When you are talking about "information products", as you seem to be doing, yes we do it first, then sell "how to do it" to others.

    But few of us who sell "information products" got our start selling "how to make money online" products.

    I got started selling services, and I sold services for nine years, before I put out my first information product.

    I had 9 years of learning and 4 years without a job, before I sold my first information product.

    I have since sold several information products, all of which are based on the 12 years that I have to date spent in the trenches making money the hard way.

    WillR also puts out a lot of information products. Newsflash: He sells the information that he has learned from years in the trenches doing stuff the hard way -- figuring out what doesn't work and figuring out what needs to be done to make it work.

    Granted, all of the information that we sell might be able to be found online somewhere for free, but...

    1. You may spend weeks or years trying to figure out what we are teaching you in our products; and
    2. Few of the presentations you can find online will tell the story exactly as we tell it, because we can share more than just the theory. We can share the theory and how we made it work in our own businesses.

    To be honest, when I first started out online, I was an incredible tight-ass. I would not spend money on anything, let alone guides that would show me how I could do something better.

    I have since realized that those dollars I saved in those early days may have cost tens of thousands of dollars in total lost revenue over the years.

    These days, I spend quite a bit of money to learn from others what I don't have the time to figure out on my own.
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    Bill Platt, Oklahoma USA, PlattPublishing.com
    Publish Coloring Books for Profit (WSOTD 7-30-2015)
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