Here's how to earn a million bucks in 12 months selling a CB product (feedback please)
I think most of us massively underestimate what we can achieve. I believe in thinking big. Set some goal which gets you really excited and then reverse engineer it to make your plan.
It's amazing the power of breaking down something big into small bite sized chunks.
OK so let's assume you picked a high converting product to sell in some niche full of hungry buyers.
You’ve set up a squeeze page with a free give away product to collect subscribers and then are marketing to them with a newsletter series.
(If you don’t know how to do this, search through this forum or ask someone - it's not hard.)
Now, let’s say that for every ebook you sell you get $47 commission.
1,000,000 / 47 = 21,277 (this is how many ebooks you need to sell over the next 12 months - that’s a big scary number right...)
Let’s break it down further
21,277 / 52 = (You need to sell 410 ebooks each week)
410 / 7 = (59 ebooks every day)
===> So you need to find a way to sell 59 ebooks every day for the next 365 days.
OK. A crappy sales letter should convert at around 1%.
59 * (100/1) = 5900. You need to send 5900 people to the sales page every day.
If your squeeze page converts at 50%:
5900 * (100/50) = 11,800 people to your squeeze every day. (Damn! that still sounds like a lot)
BUT,
A well written newsletter series should convert closer to 10%
11,800 / 10 = 1,180
===> If you send 1,180 people to your squeeze page every day you’ll earn $1,000,000 in the next 12 months. Pretty cool huh?
Don’t you think that if you really put your mind to it, and made it your number 1 top priority you could find a way to find these people??
Something like 365 million people use the internet everyday, so funnelling off your 1180 is equivalent to taking teaspoons of water out of the pacific ocean...
But wait, what happens if we find even better numbers?
Let’s go back to step one and choose a product on CB that sells for an average of $94.
That’s twice as much as before. After all you’ve gone to the hassle of getting a sale you may as well get as much as you can out of it.
So now you need:
59 / 2 = 30 sales every day
1,180 / 2 = 590 people to your squeeze every day.
If you committed you're next 12 months to achieving that would it be worth it? If it was your chief aim and goal would you be able to find a way to send 590 people to your squeeze?
GO UP AND VOTE PLEASE!!
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