I have spent about 7 months building an Ebook and video course. I have been a professional futures trader for about 10 years. I put together exactly how I make money into an ebook and video course. Spent hundreds on advertising it on FB and Adwords and not sold one.
I think I totally missed the market. People just want to be sold what they think they want to know. Basic Forex strategies that dont work etc. As soon as you spell out "if you want to day trade and make money it has to be futures contracts and you have to do it like this" everyone thinks "hell, thats gonna take hard work and money, im not doing that". I think my product has totally missed the mark of what people want to buy and feel like im flogging a dead horse. I've offered half price deals, referral schemes, multiple landing page designs and nothing! Feedback form people is "this product is amazing its exactly what people should be taught, but nobody is gonna buy it, its too complex"
But, im not going to give up at trying to make money online. I have learned a few things.
1/ Trying to sell a brand or an identity online that nobody has heard of before takes A LOT of time money and patience, to get someone to buy an info product from you you need to hold their hand and prove to them you are the real deal.
2/ It is easy to just scam an info product, get a copy, get the info and refund.
3/ A million people are trying to do the exact same thing because start up costs are virtually nothing and the market is awash with crap so buyers are extremely sceptical and usually have been burned many times before.
SO i am thinking of looking in to physical products. If I can sell an already recognised brand they have already done the "building up a reputation" side of things. Physical products do exactly what they say on the tin, you are not making promises "i can get you rich" which invariably let people down and lead to refunds.
However, am I yet again chasing the impossible dream of making money online? Is it as simple as
1/ Find a product people want
2/ Find a dropshipper supplying the product
3/ List on the worlds biggest market place Amazon
4/ Get order.. rinse and repeat
I am not some lazy dreamer, I have time, money and enthusiasm. I am not looking to make 10k a month in month one. I just want to make a couple of hundred a month and prove to myself this can be done and slowly grow and develop my skills. Just a couple of sales will do so much for my confidence as so far my journey into IM is -$2000, No sales, A few lessons learned, one guy scammed me for another $2k promising to help me advertise my product (fortunately I disputed this and got a refund), doubts seriously starting to creep in whether this can actually be done.
Any pointers, systems, approaches you think I could benefit from in terms of moving into physical products just to get a few bucks coming in would really help a guy out thats feeling pretty disheartened with it all. Im willing to do whatever it takes. Just could really do with some support.