Would you rather get $10 or $1,000 from your first sale?

12 years ago

Tim:

Some people want nothing to do with face-to-face sales. Couple that with the **thought** of easy passive profits and I think you'll find your answer.

Thanks

Signature

Raising a child is akin to knowing you're getting fired in 18 years and having to train your replacement without actively sabotaging them.

{{ DiscussionBoard.errors[6639410].message }}

MayfairNoble

12 years ago

Offline tends to be a very different ballgame, with the clients requiring a lot more maintenance than the person you sold a $10 ebook to.

Thanks
1 reply

{{ DiscussionBoard.errors[6639444].message }}

larry1113

12 years ago

Originally Posted by MayfairNoble

Offline tends to be a very different ballgame, with the clients requiring a lot more maintenance than the person you sold a $10 ebook to.

That's well said. Yeah, I think having a $1,000 sale is better tho.

Thanks
1 reply

Signature

If you need a custom made website or blog designed I can genuinely help you - Click Here >>

{{ DiscussionBoard.errors[6639464].message }}

OrangeBull

12 years ago

Originally Posted by larry1113

That's well said. Yeah, I think having a $1,000 sale is better tho.

It depends. A thousand dollars is great when you need to work and make money to sustain your livelihood, but and this is a big caveat, it requires WORK.

When you create the passive income that comes from essentially a royalty in the form of a payment for some kind of copyrighted material that you have made and a sales funnel that you have built by building an affiliate network, especially when you have developed systems which automate payments to those affiliates so that the $10 sale you just made is the result of a repeatable event that requires NO ADDITIONAL WORK from you to recur -THAT IS THE FIRST STEP TOWARDS RETIREMENT.

Thanks
1 reply

{{ DiscussionBoard.errors[6639525].message }}

TimGreen1

12 years ago

Originally Posted by Dan Riffle

Tim:

Some people want nothing to do with face-to-face sales. Couple that with the **thought** of easy passive profits and I think you'll find your answer.

Originally Posted by MayfairNoble

Offline tends to be a very different ballgame, with the clients requiring a lot more maintenance than the person you sold a $10 ebook to.

Originally Posted by OrangeBull

It depends. A thousand dollars is great when you need to work and make money to sustain your livelihood, but and this is a big caveat, it requires WORK.

When you create the passive income that comes from essentially a royalty in the form of a payment for some kind of copyrighted material that you have made and a sales funnel that you have built by building an affiliate network, especially when you have developed systems which automate payments to those affiliates so that the $10 sale you just made is the result of a repeatable event that requires NO ADDITIONAL WORK from you to recur -THAT IS THE FIRST STEP TOWARDS RETIREMENT.

First of all, I would say the majority of offline sales are actually done over the phone or other methods, not face-to-face, it's really not necessary.

Also, Offline has more in common with Online than you think, you have upsells downsells, guarantees, free trials etc.

The majority of offline work can be outsourced to other for a much cheaper price. There are plenty of WSOs on this.

Offline can be 95% automated and it's surprisingly easy, the recurring payments are massive (per customer) compared to Online.

If you actually research it you will find a lot of the reasons you don't want to do Offline are false.

Even if it's just for some extra money to invest into your online business it's a better option to do.

Notice how I said for beginners and newbies, if you have a fair amount of money Online I would say is the better option (simply because I'm lazy).

But to start off with that $1,000 from your first client could kick-start your Internet Marketing Career.

Thanks

{{ DiscussionBoard.errors[6639609].message }}

Damien Kring

12 years ago

Originally Posted by TimGreen1

But I mean is it really worth it, spending 6 month, a year, maybe longer just to make your first $10.

It depends. Does the $10 first sale have the potential to be scaled successfully? If so, then I'd take the $10.

Edit: See OrangeBull's post above mine for a great example of what I'm driving at.

Originally Posted by TimGreen1

To me offline seems a lot better bargain if you're just starting out, WAY higher payouts for newbies and it's so much easier to get sales.

Originally Posted by MayfairNoble

Offline tends to be a very different ballgame, with the clients requiring a lot more maintenance than the person you sold a $10 ebook to.

Mayfair is right about the two being completely different ballgames. I wouldn't advise anyone to take the best bargain (which sounds a lot like the path of least resistance) if it wasn't right for them. There are folks who can thrive in offline marketing and those who can't, and the same goes for online marketing. It depends on the individual, their skills (or skills they are willing to invest the time in learning), and their overall business and lifestyle goals.

Thanks

{{ DiscussionBoard.errors[6639539].message }}

erinwrites

12 years ago

It depends on *why* you think the $1000 sale is automatically better.

Remember--for some the $10 is the goal--they just want to get hundreds of people to spend that same $10. 100 buyers of a $10 product gives you the same monetary result as that single $1000 sale--which might take a lot more work and commitment in the long run.

Don't forget even hugely successful businesses started out with someone who was excited to just make a few bucks. For example: how many thriving restaurants have you been to that had that special "first dollar" up in a frame on the wall?

Thanks
1 reply

Signature

I put words on the Internet.
Silly Haikus starting at $5! PM me for details! (Because it's fun)

{{ DiscussionBoard.errors[6639540].message }}

Ronnie44 12 years ago

I'd rather just make a one off 10 mil then retire.
- Thanks
- 1 reply
{{ DiscussionBoard.errors[6639568].message }}
- cjreynolds 12 years ago
  
  Originally Posted by Ronnie44
  
  I'd rather just make a one off 10 mil then retire.
  
  http://www.warriorforum.com/main-int...-just-fun.html
  
  Hope that helps
  
  Thanks
  
  Signature
  
  I just added this sig so I can refer to it in my posts...
  
  {{ DiscussionBoard.errors[6640368].message }}

louie6925

12 years ago

It's a good question, but why not explore the best of both worlds? Each can be as lucrative as the other!

In answer to the question........I didn't care if it was $1000 or $1, first sale rocks!!

Thanks
1 reply

Signature

Feel free to chat if you live in the UK I may have something for you!

{{ DiscussionBoard.errors[6639588].message }}

fin 12 years ago

My first sale was $2200, but my first sale from my new website will mean more to me, even if it's only $10.
- Thanks
{{ DiscussionBoard.errors[6639604].message }}

louie6925

12 years ago

It's a good question, but why not explore the best of both worlds? Each can be as lucrative as the other!

In answer to the question........I didn't care if it was $1000 or $1, first sale rocks!!

Thanks
1 reply

Signature

Feel free to chat if you live in the UK I may have something for you!

{{ DiscussionBoard.errors[6639593].message }}

TimGreen1

12 years ago

Originally Posted by louie6925

It's a good question, but why not explore the best of both worlds? Each can be as lucrative as the other!

In answer to the question........I didn't care if it was $1000 or $1, first sale rocks!!

Yeah, thats the thing. My first few sales came together and I earned $28 but it didn't feel special at all, have no idea why, I have got more excited over lesser things.

Thanks

{{ DiscussionBoard.errors[6639626].message }}

sriram rajan

12 years ago

It depends , why you want to come in to I.M , if you want to do pure online with location independent job , off line is not going to be very easy although not impossible.

and also there is alimit to number of offline clients, and another thing u should be prepared to hassle..

online on the other hand will start slow, you need a list , good set of jvs to promote your stuff, you need to try and get results .....

now let me give you 2 examples of people who made it BIG
1) Jeff Walkers PLF --> started with nothing 12 months, 1500 next year, 10k next and then $ 1 million days, now he makes $ 1 million in 4-6 hous of launch , why bcs he took baby steps abd did not leap ahead ... this kind of money in offline will be very tough

2) Peter Garety --> first 3 WSO's sold 8, 80 and 80 copies, then on 2500+ and within hours, why he persisted, learnt , applied got results, built relationships and now getting close to 7 figure days.

end of the day its your focus and what u love, if u want to go and talk and meet with people in person go for offline , if you rather use technology to do it virtual then it is online all way....

Thanks

{{ DiscussionBoard.errors[6639885].message }}

Randall Magwood

12 years ago

Some people don't prefer offline marketing - despite the income potential. They'd rather sit back and earn a nice $30,000 a year selling $10 ebooks, as opposed to making $100,000 dealing with offline clients everyday.

Thanks
1 reply

Signature

==>> Free book reveals make money with affiliate marketing

{{ DiscussionBoard.errors[6640825].message }}

Dave Espino 12 years ago

I've had the privilege of making multi-thousand dollar checks from offline marketing and making 5 figures a month from residual income and the residual income wins, hands down.

Now, of course, it can be a lot harder to create that residual income but generally speaking, the offline marketing is built on a one-time payment model.

You are essentially a salesperson every day, marketing your services - and there's nothing wrong with that.

I think it boils down to WHY you`re in business in the first place.

If you're in it for the freedom and being able to build something that will pay you for life, (or at least for several years) without further effort, then the online makes more sense.

If you're in it to make as much money in the short term as possible, (even though this may require continuing to work) then the offline makes sense.

There is no right or wrong in this case -it really just depends on your personality and what you want out of life.

The good news is, there are options!

For me and my personality, I had to learn (the hard way) that I prefer to do online marketing.

When I did offline marketing, I ended up having multiple "Bosses" pulling at me constantly and it was not pretty.

Dave
- Thanks
Signature
I make several $1000s a month (passive income) on Udemy and here's how YOU can, too...

Get your FREE UDEMY MINI-COURSE here:

http://daveespino.com/FreeMiniCourse-Sig
{{ DiscussionBoard.errors[6640939].message }}

thegirlofday

12 years ago

Soemthing is better than nothing, but I would think $10 is probably too low a reward for months of work.

Thanks
1 reply

{{ DiscussionBoard.errors[6640951].message }}

Dave Espino 12 years ago

Forgot to say that - when I sold my first eBook back in 2,000 for $22.95, I was SO EXCITED!

And, of course, it wasn't the $22.95 that got me excited, it was the fact that someone arrived at my website, read my sales copy and decided to BUY. (and it happened overnight, which means I made that $22.95 WHILE I SLEPT!)

More importantly, they did all this without me having to be there, call them on the phone, ship anything to them or do any customer service - it was 100% hands-free, residual income!

From that point on, I knew I could grow it by simply adding more traffic, which is what I did and ended up turning that little eBook into a $3,000 a month RESIDUAL income.

Then, that early success led to my eBay Infomercial and that's when the really big money kicked in!

None of that would've been possible without the first $22.95.

To me, that $22.95 was basically "Proof Of Concept" to show that yes, I COULD make money with Internet Marketing and, more importantly, I could build a RESIDUAL INCOME with IM.

And if I could do it with one product, I could do it with multiple products!

So many newer people are unsure about whether IM works. They just want to see a little taste of success before they can believe in it.

And I think that's what people are celebrating - not that they made their first $10 after months of learning / effort, but that the principles of Internet Marketing WORK and can then be SCALED!

And, once that last little shred of doubt is taken care of, they are now even more excited about the promise of IM than ever.

It is an exciting moment and not one to be taken lightly.

Dave
- Thanks
Signature
I make several $1000s a month (passive income) on Udemy and here's how YOU can, too...

Get your FREE UDEMY MINI-COURSE here:

http://daveespino.com/FreeMiniCourse-Sig
{{ DiscussionBoard.errors[6641049].message }}

DylanC

12 years ago

Originally Posted by TimGreen1

I came over to the online section to ask something, I see people everyday posting things like:

"FIRST SALE FOR $10! So excited", "OMG, just made my first $10 online, so excited!"

But I mean is it really worth it, spending 6 month, a year, maybe longer just to make your first $10.

In the offline section, you will see people posting things like, "I just got my first client, $1,000 and $200 per month recurring after 2 weeks effort"

To me offline seems a lot better bargain if you're just starting out, WAY higher payouts for newbies and it's so much easier to get sales.

I just wanted to know your opinion why Online, it's so much effort for very little reward.

NOTE: There is no hidden motive behind this, it's an honest post I just want to know your opinion.

I think as some of the posters here have mentioned, face-to-face sales is something a lot of IMers want to avoid. Sometimes it is because of preference and sometimes because of time constraints.

The most attractive part of making money online is the possibility of making passive income, which many people are doing. Imagine being able to make many $10 sales doing practically nothing except the initial setup and writing of an article.

Also, it doesn't need to take 6 months' effort to make the first $10 sale. It is possible to do it in days if you use forum marketing and some of the free platforms such as Blogger, Hubpages etc.