Product launches are the best way to online success, do you agree?

Banned 14 years ago

No such thing as a one-size-fits-all answer, even with online business. You have to factor in different niches, physical vs. digital product launches, audiences, and much more.

Yes, the conventional wisdom (at least back in the day and largely in the IM niche) is that product launches brought in the most money. Everyone's not playing in the IM niche though, and a lot of newbies who are flounder because they put out less than stellar products (see: the WSO, Warriors for Hire, and Classifieds sections).

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JasonParker

14 years ago

I think it certainly CAN be.

But then again I know of a guy who makes up to $50k per day with CPA offers and PPC.

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grwalsh 14 years ago

Jason do you have a go to product to help somebody create a quality product, coaching program, etc, would be very interested, have your listbuilding course and will be getting your launch course as well, thanks for your time

Originally Posted by JasonParker

I think it certainly CAN be.

But then again I know of a guy who makes up to $50k per day with CPA offers and PPC.
- Thanks
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Lewey Lu

Banned 14 years ago

[DELETED]

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theory expert

Banned 14 years ago

Originally Posted by JasonParker

I think it certainly CAN be.

But then again I know of a guy who makes up to $50k per day with CPA offers and PPC.

I am guessing his profit margin is 30%???

Originally Posted by Lewey Lu

Yes, I know 1 affiliate made $90M in Ads4dough in 1 year time. Those are affiliates sales.

salivating

That's making it rain realm there.

Thanks
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Lewey Lu

Banned 14 years ago

[DELETED]

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theory expert

Banned 14 years ago

Originally Posted by Lewey Lu

He's buying $500k (thousands) worth of media everyday (email, banner and search traffic).

Any questions? Let me know.

Lewey

According to my handy dandy calculator if he was spending 500k a day is cost would be $182,500,000 per year. Something isn't adding up. :confused:

Originally Posted by Lewey Lu

Yes, I know 1 affiliate made $90M in Ads4dough in 1 year time. Those are affiliates sales.

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Lewey Lu

Banned 14 years ago

[DELETED]

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theory expert

Banned 14 years ago

Originally Posted by Lewey Lu

Hey, it's not consistent. 500k a day is his biggest spend! Sometimes he buy media for 100k a day, sometimes 50k, sometimes 250k. It varies, depends on volume of your traffic source per day.

Do you get it? If you more questions, please let me know.

Cheers,

Lewey

Pardon me I can comprehend rudimentary english. Don't you get it?

Condescending don't you think? Thanks

Thanks

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JasonParker 14 years ago

Originally Posted by theory expert

I am guessing his profit margin is 30%???

I don't know. His name is Greg Davis. You'll probably find him in Google with a search of "Greg Davis Super Affiliate." He's even done up to $100k in a single day (his claim).

He's an interesting guy to follow. I don't do what he does and I dont study his stuff, but I like to keep an eye on guys like him.
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Justin Spencer

14 years ago

You can make money selling ice to eskimos.

The "best" way to do it, depends on what your preference is. Entirely.

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Sonny Am

14 years ago

I completely take those above points into consideration, and you are right in saying that there are people making millions in any area of IM, and each area will suit one person more than another, but generally speaking. If you launch a unique, compelling product that adds some real value, it is a tried and tested and more straight forward way of making money in some respects. Especially when there is a ready made traffic source, such as the Warrior Forum, this is all assuming the product is brilliant though.

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JasonParker

14 years ago

Originally Posted by Sonny Am

I completely take those above points into consideration, and you are right in saying that there are people making millions in any area of IM, and each area will suit one person more than another, but generally speaking. If you launch a unique, compelling product that adds some real value, it is a tried and tested and more straight forward way of making money in some respects. Especially when there is a ready made traffic source, such as the Warrior Forum, this is all assuming the product is brilliant though.

Well if you go here WSO Pro - The all-in-one WSO sale, delivery and management system | WarriorPlus and look to the right of the screen, you'll see 43 million dollars have been made from it in the past few years just from that platform, so there's your answer. Of course launching products works, but you can be really bad at it too. You need a great product, great copy, and JV partnerships.

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Joseph Robinson Banned 14 years ago

Originally Posted by JasonParker

You need a great product, great copy, and JV partnerships.

It's really as simple as this (notice I didn't say easy ).
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Sonny Am

14 years ago

Originally Posted by JasonParker

Well if you go here WSO Pro - The all-in-one WSO sale, delivery and management system | WarriorPlus and look to the right of the screen, you'll see 43 million dollars have been made from it in the past few years just from that platform, so there's your answer. Of course launching products works, but you can be really bad at it too. You need a great product, great copy, and JV partnerships.

Thanks for the tip. Judging by the countless products launched on the warriorforum every day, I thought the figure would have been a lot higher than 43 million, if im honest. Im assuming then, that so many of the WF launches must be small scale launches that earn sub $10,000 or something?....Im also assuming that the number of million dollar launches on the warrior forum is a lot fewer than I assumed, judging by the figure of 43 million in total sales amount, over a number of years.

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JasonParker

14 years ago

Originally Posted by Sonny Am

Thanks for the tip. Judging by the countless products launched on the warriorforum every day, I thought the figure would have been a lot higher than 43 million, if im honest. Im assuming then, that so many of the WF launches must be small scale launches that earn sub $10,000 or something?....Im also assuming that the number of million dollar launches on the warrior forum is a lot fewer than I assumed, judging by the figure of 43 million in total sales amount, over a number of years.

43 million from JUST ONE PLATFORM

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Kal Sallam

14 years ago

Yup you gotta have skin in the game.

However,I wouldn't say its the its the only best/fastest because that would sound a bit naive.
There are other business models that have a huge potential like for example:

This guy from Canada shared with me recently how he earns 10k-20k commission checks
Selling high ticket items(Jets,boats& coaching programs)
It's a process to qualify for these type of programs, but It's worth the trouble.
One sale and you hit the 10k mark

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Lance K 14 years ago

Find a hungry market and offer them what they want.
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- Sonny Am 14 years ago
  
  Originally Posted by Lance K
  
  Find a hungry market and offer them what they want.
  
  Brilliant quote, and it resonated with the one in your sig.
  
  I guess if you really stay true to this, you can reach massive success in life.
  
  Thanks
  
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Sonny Am

14 years ago

Originally Posted by Kal Sallam

Yup you gotta have skin in the game.

However,I wouldn't say its the its the only best/fastest because that would sound a bit naive.
There are other business models that have a huge potential like for example:

This guy from Canada shared with me recently how he earns 10k-20k commission checks
Selling high ticket items(Jets,boats& coaching programs)
It's a process to qualify for these type of programs, but It's worth the trouble.
One sale and you hit the 10k mark

That is incredible. But the barriers to entry and ease of entry for launching products online makes it more attractive in my opinion, as well as needing to invest a lot less money up front, as im assuming the high ticket items has to buy them first in order to sell them to make that attractive profit.....

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shane_k

14 years ago

Originally Posted by Sonny Am

That is incredible. But the barriers to entry and ease of entry for launching products online makes it more attractive in my opinion, as well as needing to invest a lot less money up front, as im assuming the high ticket items has to buy them first in order to sell them to make that attractive profit.....

No you don't have to buy them first in order to sell them.

When you mention barriers to entry when selling high ticket items the companies that you are an affiliate with are more descriminating about who they let sell their products. They want to make sure that you aren't just another spammer, because if you are then the chances of you driving away their customers is very high and that is too risky for them as they will lost alot of money.

As for doing product launches I think it is a good strategy and one of many to have in your tool chest.

if you only do product launches then you will have peaks and valleys in the revenue you generate.

The month that you launch a product you will have high revenue for your business, then each month after it will tail off, until you have to do another launch before the popularity of that first product dies, and the revenue stream from that product dies with it

and I think that is a part of the reason you see why the big IM marketers do launches and promote other products. The promoting other products is when they are not launching their own and thus filling in those valleys.

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Kal Sallam

14 years ago

Originally Posted by Sonny Am

That is incredible. But the barriers to entry and ease of entry for launching products online makes it more attractive in my opinion, as well as needing to invest a lot less money up front, as im assuming the high ticket items has to buy them first in order to sell them to make that attractive profit.....

No need to invest or buy anything, you're just the middle man,
You're job is to connect the seller with buyer and get a handsome cut.

Thanks
1 reply

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grwalsh 14 years ago

Very interesting Kal, so does your friend offer any training or do you know of anything out that that can shorten the learning curve, thanks alot

Originally Posted by Kal Sallam

No need to invest or buy anything, you're just the middle man,
You're job is to connect the seller with buyer and get a handsome cut.
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David James

14 years ago

It can take a long time to create a quality product, so not necessarily that quick.

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sbucciarel

Banned 14 years ago

Well, not necessarily just info products. There are a lot of other types of products that also do well and serve the Internet marketing community.

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Davidstarz

14 years ago

It may not work for everyone. Besides creating a product that will convert very well is hard work and its success will depend on many factors.

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fedor50

14 years ago

Product launches can be a very lucrative avenue to making lots of money. But like plenty of other people said, there are other ways to make money online also. Selling services, Offline consulting, Building authority sites, etc.

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everydayreviews

14 years ago

That is true in a sense. I have made most of my money from a software I created. My product sells itself. But affiliate marketing does well for me too along with Adsense. You have to have a good product in order for it to work.

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ryanmilligan

Banned 14 years ago

Originally Posted by Sonny Am

Hi,

I've been doing a little reading, and have read in a few places that there are obviously many ways of making a successful living from internet marketing and online.

eCommerce sites, affiliate marketing sites, adsense sites, selling services, ebay, list building and targeting to your list....

However what came across as the most successful way of making money, and a lot of it, is by launching your own well researched and unique info products or software that serve a need in the IM community.

Do you guys agree that although all the methods above can bring equal success to product launches, over time, there is no other method that can give you the scale of wealth as quickly than product launches.?

Id really like to hear some opinions on this.

Looking forward to your replies.

Quickest way to online success (I would rather refer to it as happiness - it doesn't matter how successful you are - if you're not happy, is it worth it?) in my eyes is, whatever you're the best at and enjoy doing the most.

Work is no longer work when you love what you're doing.

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headmaster211

Banned 14 years ago

There is money everywhere, you just have to find it. Not just in the MMO niche. People outside MMO niche maybe not even know what does a JV means, therefore you can pick up any market and make lots of money applying the methods there.

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DustonMcGroarty

14 years ago

Here's the thing with launches and I think someone else touched on it already... launches are good for a burst in revenue but what happens during the rest of the year? Product launches each month? That's A LOT of work.

You need to have a funnel to push those customers through that buy your original offer. This can run on autopilot making you money when you're not launching.

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nick8820

14 years ago

Not all methods are equal for everyone, obviously people can achieve better results doing different things, so there's not best method for everyone

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GAldane 14 years ago

I think product launches are fine but keep in mind that consistency is the key. That's why some folks have continuity programs...to balance out the highs and lows of product launches. The bottom line is that whatever you do in IM for success, in order to have steady, consistent income, you must have good reliable traffic sources.
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jbsmith

14 years ago

Want to know the best part of product launches?

The product!

Seriously...when it comes to looking at alternative methods of monetization into a given market, selling infoproducts is the one I would pick hands-down everytime because it gives you leverage.

What I mean is that you go through the work of identifying a hot market, develop the proudct and marketing campaign ONCE and leverage that system over and over again to earn profit.

I've had a couple of ebook packages that have earned me $47-$97 front-end for 8+ years with nothing but a couple of days work each year to update the material, add some new tips/techniques, and update the sales page...that's IT!

Since then I just keep duplicating by adding new products each year - all with subscription back-ends now which is really making things rock. Works in pretty much any market too.

Whether you choose to go with a Big Bang product launch or a slow and steady launch - doesn't really matter as much as the fact that you want to create and market your own products in my experience.

Jeff

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grwalsh

14 years ago

Jeff do you have any resources to help somebody create a quality product, I have the info, just need some structure, thanks

Originally Posted by jbsmith

Want to know the best part of product launches?

The product!

Seriously...when it comes to looking at alternative methods of monetization into a given market, selling infoproducts is the one I would pick hands-down everytime because it gives you leverage.

What I mean is that you go through the work of identifying a hot market, develop the proudct and marketing campaign ONCE and leverage that system over and over again to earn profit.

I've had a couple of ebook packages that have earned me $47-$97 front-end for 8+ years with nothing but a couple of days work each year to update the material, add some new tips/techniques, and update the sales page...that's IT!

Since then I just keep duplicating by adding new products each year - all with subscription back-ends now which is really making things rock. Works in pretty much any market too.

Whether you choose to go with a Big Bang product launch or a slow and steady launch - doesn't really matter as much as the fact that you want to create and market your own products in my experience.

Jeff

Thanks
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jbsmith 14 years ago

Our blog is updated nearly every day with tips and techniques - all for no cost...good place to start.

We have other programs as well - you can check the signature for more info.

Jeff

Originally Posted by grwalsh

Jeff do you have any resources to help somebody create a quality product, I have the info, just need some structure, thanks
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aroth

14 years ago

Product launches are just a tool. Product launches themselves aren't a business. It's a way to get a quick jolt of cash to reinvest in your business, but it's not a business. If you do an evergreen product launch(continuous) and pair with a great front-end and powerful back-end, and scale it up and out into other areas then it's a business.

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mark healy

14 years ago

i think that launches are the iceing on the cake not the cake itself. Bolt on launches to your business but don't rely on that, you need consistent lead flow and continuity income when you are not doing launches.

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thinkoutthebox

14 years ago

Not necessarilly

just the market of
any product to sell
is the way to success

product launches have
so much hype and most
people will not take heed
to what they even buy

I would rather sell a product
behind the scenes that on
a big product launch

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Randall Magwood

14 years ago

Product launches is just one more way to have a big payday. I wouldn't go as far to say that it's the best way to online success.

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dahlgren_m

14 years ago

When talking about a hungry market I think this podcast is something you should consider listening too.

SPI 046 : Building a Lucrative Business with No Ideas, No Expertise & No Money with Dane Maxwell

I found it incredible valuable, because the idea can be transferred to any niche in any market.

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grwalsh 14 years ago

Thanks Jeff and Dahl, very much appreciated
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SJJPFTW

14 years ago

Product launches only work if the product is worth launching. If its a great product and provides good value then you are onto something, otherwise the bad smell spreads quickly.

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Product launches are the best way to online success, do you agree?

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