A few questions that I hope my WF family could answer

Droopy Dawg · 06-19-2009, 10:33 AM

Hello all,

I have a few questions that may seem easy to alot of you, but I wanted to get a general concensus on some things that have been on my mind. Please ... if you have a good 2-3 minutes to answer these I'd greatly appreciate it. And "Thanks" for all of you that answer

1. Your opinions on "Conversion rate". If 100 people see an ad with a good product and good copy... what is a realistic conversion rate. of those 100 people how many buying customers would be realistic?

2. Joint ventures and gatekeepers... if someone were to set up JVs between a company with a product, and a marketer(s) with huge lists for that niche... what company would you recommend the seller go thru. You know how Clickbank disperses the funds to both the seller and the IMer... if I were to set up a joint venture between 2 parties how would the marketer get paid? Does the seller wait send the marketer a check for the agreed-upon amount after every sale? Or do you connect them both with a company like Clickbank. I'm just wondering how that works.

That's really all I have for now. those 2 qquestions have been on my mind. Thanks all.

DeShon

dvduval · 06-19-2009, 11:30 AM

Unfortunatley, the first question is not a simple answer because different products have different conversion rates, and different profit margins too.

Someone else might be better at answering your second question.

TeddyP · 06-19-2009, 11:44 AM

1. For this question I would personally find 100 people to be too small a sample size. Id rather have at least 1000...personal preference though. When it is a number as low as a hundred it could just be a case of the first hundred being duds. A guy I have worked with in the past - won't make a decision until the 10 000 mark. he is more patient than me

2. Im sorry can't help ya there.

igorhelpsyousucceed · 06-19-2009, 11:59 AM

Realistic Conversion on a front end product could be somewhere between
2 and 25%. This is the most common numbers people tend to
get.

Igor

Droopy Dawg · 06-19-2009, 12:23 PM

Thanks guys... the reason I chose "100" is because its a simple equation. Of course I'd love to put a product in front of 3 million people, but I' d nee dto pull out the calculator to find the conversion rate

So 3 people out of 100 would be 3%... 1 person of 100 would be 1%... you get the picture. Sorry if I confused anyone.

Thanks again!

06-19-2009, 10:33 AM	#1
Droopy Dawg Advanced Warrior War Room Member Join Date: Aug 2008 Posts: 926 Thanks: 67 Thanked 139 Times in 103 Posts	A few questions that I hope my WF family could answer Hello all, I have a few questions that may seem easy to alot of you, but I wanted to get a general concensus on some things that have been on my mind. Please ... if you have a good 2-3 minutes to answer these I'd greatly appreciate it. And "Thanks" for all of you that answer 1. Your opinions on "Conversion rate". If 100 people see an ad with a good product and good copy... what is a realistic conversion rate. of those 100 people how many buying customers would be realistic? 2. Joint ventures and gatekeepers... if someone were to set up JVs between a company with a product, and a marketer(s) with huge lists for that niche... what company would you recommend the seller go thru. You know how Clickbank disperses the funds to both the seller and the IMer... if I were to set up a joint venture between 2 parties how would the marketer get paid? Does the seller wait send the marketer a check for the agreed-upon amount after every sale? Or do you connect them both with a company like Clickbank. I'm just wondering how that works. That's really all I have for now. those 2 qquestions have been on my mind. Thanks all. DeShon

06-19-2009, 11:30 AM	#2
dvduval phpLD master War Room Member Join Date: Dec 2006 Location: Silicon Valley Posts: 2,970 Blog Entries: 3 Thanks: 44 Thanked 307 Times in 259 Posts Social Networking	Re: A few questions that I hope my WF family could answer Unfortunatley, the first question is not a simple answer because different products have different conversion rates, and different profit margins too. Someone else might be better at answering your second question.
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06-19-2009, 11:44 AM	#3
TeddyP HyperActive Warrior Join Date: Feb 2009 Location: Ontario, Canada Posts: 154 Thanks: 26 Thanked 33 Times in 28 Posts	Re: A few questions that I hope my WF family could answer 1. For this question I would personally find 100 people to be too small a sample size. Id rather have at least 1000...personal preference though. When it is a number as low as a hundred it could just be a case of the first hundred being duds. A guy I have worked with in the past - won't make a decision until the 10 000 mark. he is more patient than me 2. Im sorry can't help ya there.
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06-19-2009, 11:59 AM	#4
igorhelpsyousucceed Mastermind Marketer War Room Member Join Date: Jun 2008 Location: , , Israel. Posts: 1,335 Thanks: 366 Thanked 296 Times in 130 Posts Social Networking Contact Info	Re: A few questions that I hope my WF family could answer Realistic Conversion on a front end product could be somewhere between 2 and 25%. This is the most common numbers people tend to get. Igor
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06-19-2009, 12:23 PM	#5
Droopy Dawg Advanced Warrior War Room Member Join Date: Aug 2008 Posts: 926 Thanks: 67 Thanked 139 Times in 103 Posts	Re: A few questions that I hope my WF family could answer Thanks guys... the reason I chose "100" is because its a simple equation. Of course I'd love to put a product in front of 3 million people, but I' d nee dto pull out the calculator to find the conversion rate So 3 people out of 100 would be 3%... 1 person of 100 would be 1%... you get the picture. Sorry if I confused anyone. Thanks again!