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| | #1 |
| HyperActive Warrior Join Date: Oct 2008 Location: Earth
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Hello Warriors, I've been always fascinated by the powerful marketing strategies that were shared in this forum and I've always respected the people who have shared their knowledge with others. I don't know whether anyone will find the information that I am about to share useful, but I think that the concept of "breaking some things down" is very powerful. Everyday a lot of people join our community and most of those people want to make at least $100 per day. Some people set themselves even higher goals, yet for most newbies extra 100 bones per day would be life changing. People start to wonder what niche they should pick, whether they should submit their articles to EzineArticles or create squidoo lenses, whether they should create a product of their own or become an affiliate... This is just a tiny bit of questions that newbies want to get answered. The problem is that very often researching leads to information overload which at the end of the day brings you nowhere. This is why I think that is it really important for a newbie to set some really specific, measurable goals... "Goals... Yeah right.." You might think, but wait a minute. Let's say that at this moment in time you want to make $100 per day. Almost every top product on ClickBank pays out a $30 dollar commission per sale. This means that in order to make 100 bucks per day you would need to make about 3 sales, right? OK. Now majority of the bestsellers on Clickbank have a 1% conversion rate. Some top sellers have even higher conversion rates, but let's stick to 1%. Anyway this means that in order to make a single sale you would need to send at least 100 highly targeted visitors to your offer right? OK. This means that in order to make 100 bones you would need to drive 300 highly targeted visitors to your offer. Only 300 highly targeted visitors? Does this sound more achievable than "100 bucks per day"? Once you know the exact numbers that you need it is so much easier to do business and stay motivated. It doesn't matter whether you want to make $100 or $1000 a day - break some things down. Focus on the numbers and become addicted to stats. This will help you to make more money. |
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"Money doesn't make you happy. I now have $50m, but I was just as happy when I had $48m." Arnold Schwarzenegger | |
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| | #2 |
| Author Join Date: Jul 2009 Location: Gold Coast Australia
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Very well said. A little bit of math and effort go a long way. Do the work once. Do it well and reap the benefits. Fail to plan, plan to fail. So many people give up after just one attempt, but if you plan your strategy and goals first and write them down, you increase your chances of sucess dramatically. |
| Tanya Black: Author : It's Your Life ~ Your Adventure ~ Your Choice Life is supposed to be fun. "It's Your Life" is an off-the-wall book that uses a series of silly short stories for discovering what you want, why you want it and how to get it. | |
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| | #3 |
| HyperActive Warrior Join Date: Jul 2009 Location: UK
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excellent post robertas - a change in thinking and mindset go along way to achieving success
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Edward James Author of The Secrets Of Becoming Rich! Free eBook http://www.secretofbecomingrich.com JV Manager For Hire! http://www.secretofbecomingrich.com/jvmanager.html | |
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| | #4 |
| Active Warrior Join Date: Dec 2008
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I like this idea. Sikaz |
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| | #5 |
| Warrior Member War Room Member Join Date: Jul 2009 Location: California
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I have done this for years as being an entrepreneur I always have too many things to do , and not enough time to do them....and sometimes it can be overwhelming when I really want to do it all!! So...I set short goals...then a longer goal...determine what I need first..and then figure out the steps I need to take to make my short term goal...by breaking it down..just as you suggested.. Great post!! |
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| | #6 |
| Active Warrior Join Date: Jun 2009 Location: New York the over taxed state
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Thanks gave me something to think about , I often over look the math involved with conversion rates. excellent post !
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| | #7 |
| Warrior Member Join Date: Jul 2009
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Nice post.. more visitors .. more chances.
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| | #8 |
| HyperActive Warrior War Room Member Join Date: Sep 2004 Location: Canada
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Excellent post... and a winning way of thinking. A shift in focus changes everything. Instead of worrying and wondering how on earth you can make this seemingly monumental jump for zero to $100 a day, you simply focus on getting 300 visitors to your site every day. You let the sales happen by default... and you focus on the ACTION STEPS that can get you there. If you do this (draw 300 potential buyers)... you should on average hit the $100 daily target. Now it's no longer a question of "should they submit their articles to EzineArticles or create Squidoo lenses, whether they should create a product of their own or become an affiliate" but a question of "what methods can I employ starting today to start attracting prospects to the whatever offer I choose to promote?" Robert |
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| | #9 |
| Autoresponder Expert Join Date: Jun 2009 Location: North Carolina
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That's pretty good. When you break things down like that, it sure does seem workable. Thanks for sharing. |
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| | #10 |
| Active Warrior Join Date: Mar 2008 Location: So. Cal
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what an eye opener. I never thought of it in that perspective, i really need to get a grasp on breaking things down. Thanks for the insight.
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Knowing is not enough; we must apply. Willing is not enough; we must do. Johann Wolfgang von Goethe | |
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| | #11 |
| HyperActive Warrior Join Date: Oct 2008 Location: Earth
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Guys thanks for you replies! I've forgot to come back to this thread and holy s**t all of the comments are positive! Sweet!
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| | #12 |
| HyperActive Warrior War Room Member Join Date: Mar 2005 Location: Clearwater
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Great post! How did you know that's my goal??? You make it sound very attainable. It just takes a plan. Thank you!
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Jenny
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| | #13 |
| Warrior Member Join Date: May 2009
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great post, I went on a course recently and was told to do the same thing so this is a timely reminder dave |
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| | #14 |
| Life Student War Room Member Join Date: Jul 2009 Location: rural NZ
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I love the idea behind this post - thank you. I had been following the "shoot for the moon, reach the stars" type thing, but the logic behind your comments make more sense. Thanks again Best wishes Lisa |
| Hire me to write your ebooks - Warriors get a discount: just check out the blog below for more details. Gran's tackling the world of IM - check out the blog here Understanding domestic violence, writing a book in just 8 hours and more can be found here | |
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| | #15 |
| HyperActive Warrior War Room Member Join Date: Feb 2007 Location: Pittsburgh, PA: USA.
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practical insight and an action plan for newbie-success . . . love it!
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| | #16 |
| Warrior Member Join Date: Aug 2009
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i think that's possible to make $100 a day even more
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| | #17 |
| Jaspreet Singh War Room Member Join Date: Aug 2009 Location: Toronto, Canada
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Wow. Your advice is very encouraging and inspiring Robertas. Well said.
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| | #18 |
| Active Warrior War Room Member Join Date: Jan 2009 Location: Embarrass, MN, USA
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Thanks, It is important to remember that all we do in I.M. is basically a numbers game. I have been doing more learning than practice and have truly overloaded my brain. Now, I am not sure which way to go.
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| | #19 |
| Active Warrior War Room Member Join Date: Jun 2009 Location: Sunny Nelson, New Zealand
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Hi Robertas, It's refreshing to come upon such logic in this 'fuzzy' part of the forums. It's funny how such a small change of thinking can make such a big difference to perception. Money is too emotional. Breaking a monetary goal down into real-world numbers does indeed seem much more doable. What you said beams with clarity. Nicely put! Gregg |
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Please read the sig file rules | |
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| | #20 |
| Warren Wojnowski War Room Member Join Date: Oct 2008 Location: Canada
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Hey Robertas. Good post. I like that what you have illustrated is the importance of breaking your income goal down into a supporting activity goal -- in this case generating a specific level of daily targeted traffic. Do that and the sales will take care of themselves. Thanks for the example.
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| | #21 |
| Active Warrior War Room Member Join Date: Aug 2009 Location: Brussels
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Hey Robertas, awesome post. This process is simple and powerful and the wisdom here is do not despite the simplicity of any process. Thanks for sharing
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| | #22 |
| Saiful Rizal Join Date: Jul 2009 Location: Singapore
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Hey Robertas! I love the way you think, my man! It does help remove the resistance especially if someone is resistant to attracting money into their lives! THANKS! |
| "When you begin devoting your life to a purpose higher than yourself, you begin experiencing life on a level higher than you could have ever imagined!" Feel free to visit my blog at AskSaiful.com and enjoy my Morning Motivation Minutes podcast! | |
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| | #23 |
| Warrior Member Join Date: Jul 2009
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I'm all about advertisement with Solo Ads and the site primerealadstate.com PRAS - Solo Advertising Online, Traffic Exchange, Referral Programs[/url] is really very helpful to advertise and bring more traffic to my businesses. The PRAS services are cost effective.
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| | #24 |
| Advanced Warrior War Room Member |
Hi, Thank you for your great logic application. But application in real marketing will change the life of a newbie. Really nice idea and execution process. Satya Das |
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| | #25 |
| Warrior Member Join Date: Aug 2009
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great share!
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| | #26 |
| Active Warrior War Room Member Join Date: Nov 2009 Location: Midlands United Kingdom
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Its good to know that someone is taking the time to go into details to help out friends.Great news.
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| | #27 |
| Active Warrior War Room Member Join Date: Nov 2009 Location: Montreal, Canada
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Well Said Man....I love breaking things down, this actually got me a bit focused with something I'm working on...Thanks |
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| | #28 | |
| HyperActive Warrior Join Date: Dec 2008 Location: Down Under - Australia
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This topic is a timely reminder that ANY sales (whether it's online or face to face or direct marketing ir whatever) is based on numbers. To get x saes you need y customers and to get y customers you need z prospects. Derivation makes a plan and success more assured. If only I could have rembered that without having to be reminded! Thanks. | |
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| | #29 |
| Warrior Member Join Date: Mar 2011
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Thanks!! Just perfect!
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| | #30 |
| multi-tasking mama Join Date: Dec 2010 Location: UK
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yes numbers help take the emotion out of it as well; makes it a bit less stressful i think. good tactic.
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| | #31 |
| Active Warrior Join Date: Mar 2011 Location: Romania
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well said. Simple math can help to set a goal. Thanks
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| | #32 | |
| HyperActive Warrior Join Date: Sep 2010
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dude! I love your quote in your sig! it's so funny! hahahahaha | |
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| | #33 |
| Your Video Solution War Room Member Join Date: May 2010 Location: London, UK
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| Find out more about me at: http://EduardStinga.com | |
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| | #34 |
| Advanced Warrior War Room Member Join Date: Mar 2010
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Very thoughtful post ... Things become a lot easier than when you break the steps down if $50 product , then you only need 2 sales a day to get your $100 a day if you have $500 product , then you need 2 sales to make a $1000 a day Amazing when you break it down ... All you need to do now is to create a $50 product and get enough target traffic to it to make your $100 Thanks, Robertas |
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| | #35 |
| www.BuyBacklinksCheap.com Join Date: Jul 2011
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That's how I should of looked at it when I started ....
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| | #36 |
| Active Warrior Join Date: Jun 2011
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Yeah, I've had that problem before. Actually, now that I think about it I might still be dealing with that problem. I learn way to much and take way too little action.
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| | #37 |
| Warrior Member Join Date: Feb 2011
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Well put. and sounds so easy. Now can you link me to the latest and greatest "6 clicks to passive riches" IM program. LOL. |
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| | #38 |
| Warrior Member Join Date: Mar 2011
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The best solutions are usually the simplest procedures. Thank you Robertas for putting it in plain simple language.
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| | #39 |
| HyperActive Warrior Join Date: Mar 2011
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That is great post and makes sense to me now. Setting goals it is not the first time we have heard that statement but acting upon it...
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| | #40 |
| Warrior Member Join Date: Aug 2011 Location: Seattle
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I like it. I like it. Thanks.
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| | #41 |
| Warrior Member Join Date: Sep 2011
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I like your thinking! The goal of making 3 sales per day from 300 visits is so much easier to focus on than the $100 goal! Kind Regards Helen |
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| | #42 |
| HyperActive Warrior Join Date: Aug 2011
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Like the other warriors said...this is an excellent post! ![]() Thanks for sharing...breaking down things makes it more attainable..I agree |
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| | #43 |
| Super DAD Join Date: Jun 2011 Location: Kansas City
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Its always a good idea to work backwards, see where you want to be. and then analyzed the step to get their.
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| | #44 |
| Warrior Member Join Date: Aug 2011
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Right, I'm always thinking that I'm not good enough, so I'm just learning more and more without thinking that I have a good knowledge which i need. Let you to be silent and close your eyes then start making plans. |
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| | #45 |
| Active Warrior Join Date: Nov 2011 Location: Malaysia
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great post |
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| | #46 |
| Spax Max Join Date: Sep 2011 Location: Global Citizen
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I have used a similar method to breaking the numbers down for a long time now and it really works. Once you break down the numbers you start to believe it's achievable and when you believe it you do it..
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| | #47 |
| Active Warrior Join Date: Oct 2005 Location: Little Rock, AR, USA
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Thank you. I'm going to sit down now and figure out the math on my various goals. You inspired me. I appreciate it.
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Angie Dixon--Designer, Writer Creative Director Evil Guinea Pig Productions http://www.EvilGuineaPigProductions.com | |
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| | #48 |
| Advanced Warrior War Room Member Join Date: Jul 2010
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Thanks for the share. Yes breaking things down makes everything easier & achievable.
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| | #49 |
| Active Warrior War Room Member Join Date: Jul 2009
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Yes, working out the numbers is a key to success - in any business, not just online. Once you've established your baseline (the 300 visitors a day) don't stop there! Next start working out the numbers of the most efficient ways to get the 300. Not all traffic sources are equal. Then start comparing the conversion numbers of different products...and it can go on and on. I know that this is the way to success, the problem is forcing myself to actually do it. |
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| | #50 |
| Warrior Member Join Date: Jan 2012
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hahahahbut 300 visitor perday still hard for me
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