Should I sell my method of making over $400 a day on facebook?

by 60 replies
72
Hey Guys,

New to the forum and I was looking for some advice. I'm doing pretty well on facebook, making on average $12-15k a month and it only took about 6 or 7 month to get here... And it's growing too.

My question to you is if I sell my "formula" or ideas, tips and tricks like I see other doing on this site what kind of sales do you think i could expect with an ebook, is it worth it and what would be a good price point?

I already started writing it, looks like it would take me about a week or so to finish but wasn't sure if i should actually sell it or if people would buy it. I spent a LOT of time trying many many different things and know my experiences would definitely help others.

I appreciate any help or suggestions you guys may have, thanks in advance and I apologize if this has already been discussed or addressed.

Chris
#social media #$400 #day #facebook #making #method #sell
  • Hi Chris,

    it depends...

    Do you want to help other people out there to succeed => then YES!
    Do you fear of saturation or too much competition => then NO!

    If there is room for other people which could make some decent money with your "method" then why not?

    It's your decision.

    Regards!
  • If I was you I wouldn't sell this info. Why would you if it's making you that much money?
    • [2] replies
    • I feel the same, see had you ever stop to think why people sell their methods?

      If they are really making tons of money, why would they create competition for themselves?

      Maybe it's because their methods are no longer working as they use to be. I don't know, maybe it's just for the money. Who knows. All I know that a good number of Make Money Online products are worthless, hope if that you decide to sell yours it's good, valuable and really actionable.

      Good Luck!
    • If I can earn $400 a day, then first I'll buy a macbook pro, then iphone 6s, then a DSLR Camera, a MTB, and Thats it for me.
      • [1] reply
  • Hahaha. Nice trick bro. You got dozens of PMs by now.
    • [ 3 ] Thanks
    • [1] reply
    • No, not one... No trick, just wanted some opinions.
    • [DELETED]
  • Keep in mind that there are blackhat dumps for almost all WSO products and videos.

    Just one FACT you need to consider when making an INFORMED DECISION.
    • [ 2 ] Thanks
    • [1] reply
    • Banned
      What do you mean by "blackhat d....." ?

  • Hey there here is my answer, hope it helps:
    • Get people engaged and interested for your product by giving some free content like the first chapter etc.
    • After the buzz and engagement for your product list it as a WSO or any other platform. On the WF you will get a lot of attention and traffic.
    • Offer it at a manageable price for people so more people will buy it.
    • Also I would focus on step by step instruction and actual steps that work that show the how not just theory BS.
    • In the WSO section your product will quickly get a bad name and reviews if the product does not help or solve a problem with an actionable,real way to make money!
    • [1] reply
    • Sounds like some solid advice, thanks
      • [ 1 ] Thanks
      • [1] reply
  • I'm not sure what your business is (I'd love to find out!), but kilgore is right on. Pivoting from what you're doing to train others to do it is a big shift, especially at the income level you're at.

    What you could do is start with a blog post outlining the basics of how your approach works. Then you could promote the heck out of it and get picked up by some influencers.

    Once you've been retweeted a few times by the right people, you can follow-up with something else sharing another detail. This can position you as an influencer yourself if your main business should ever lose steam.

    But what kilgore said, making a complete pivot to selling info (instead of just publishing something on the side and collecting a few emails you could use later) is a big step. Unless your method is super time-sensitive (like the clickbait/UpWorthy stuff was), there's no rush.

    (BTW, feel free to reach out via PM if you want to chat more about potential strategy. Sounds like an awesome project.)
    • [ 1 ] Thanks
    • [1] reply
    • Banned
      No you absolutely should not. Find a way to scale it up and do whatever you are doing on 1000 accounts (unless it's paid advertising in which case you can't.) Tell nobody. Get rich off it, take most of the money and make intelligent investments.

      Personally I know about some massive FB shenanigans, it's just so much work to make new accounts and build up friends only to get the account banned.

      Edit: if it's paid then people already know and 400 a day is nothing...
  • It’s pure calculation.

    Now you make 15K a month.

    Question 1, will you still make it on FB in 6-12-18 months, or is it temporary?
    Question 2, if you sell your knowledge, how much profit will you loose from your current business?
    Question 3, To how many people can you see your knowledge and for how long?

    If question 1 is a yes, so it keeps coming in, you have to start counting.
    If you lose for example 50% of your income, because you share your ideas, then this need to be compensated by the sales of your product.
    The question is; to how many people will you be able to sell it. If you sell it for 100$, then you need to sell 75 products a month. Is that realistic? Maybe in the first month yes, but what about the next months and after it? And are people willing to pay you 100$, or maybe just 10$?

    Now make your own calculation, based on the 3 questions and you will have your answer.
    • [ 1 ] Thanks
  • In my opinion yes. Because most people won't take action even if everything is laid out in front of them. Also if you really are making $400 per day selling it in the right funnel should earn you even more.
    • [ 2 ] Thanks
  • It depends if it's there's a little possibility to get it saturated then don't sell it .

    If you just share some tips and tricks then you should definetly sell it if you know it got value inside it will definetily sell like hot cakes.

    If you want to sell it , you better JV with some GURU from here that has some kind of authority and will sell your book , this way you will make more sales.

    Regards
    • [ 1 ] Thanks
  • let me follow you and lets see if that method really works I hope bro! godbless
    • [ 1 ] Thanks
    • [ 2 ] Thanks
    • [2] replies
    • I'd focus on scaling up instead of selling "the secret". I don't buy your story btw.
      • [1] reply
    • Why wouldn't OP want to make even more money selling the process?

      There are people like me who just buy things too. You risk your computer safety going into those sites. And the majority of those people are not his customers, won't get proper support, and won't do anything with the info.

      Yep. lol

      If your goal is to truly help others create an income, and the method itself is not shady in any way, then go for it. JMO

      Write it out, pass it by a few select people of your choosing who can verify it works, then get it out there.

      Be prepared to treat this like an additional business to your existing one as it will have it's own time demands/requirements.
      • [ 1 ] Thanks
      • [1] reply
  • Only sell it if it does not matter if people use it or not.


    You can't risk it being disabled from Facebook is it gets abused. Maybe even sell it is a training course for four figures. That way you can keep an eye on who is using it.
  • If i were you i wouldnt sell it. Its your own goldmine keep it. I am just being honest here.
  • [DELETED]
  • Hey everyone thanks for the info... Let me clarify a few things that have come up.

    1. I don't think my "method" if used by others would or could affect my business, I only have a weekly reach of about 8-10 million people on FB and as you guys know the pool is much much bigger.

    2. The growth over the past 7 month has been amazing but, it seems to have possibly reached a ceiling or shall i say the growth is currently much slower.

    3. Of course my main focus is scaling and duplication and iI have done that already a few times, it gets increasingly harder and harder each time.

    I have been looking around and trying to gauge what price point my info might sell at and it very hard to tell, any suggestions here?

    Thanks,
    C
    • [1] reply
    • OK, so your growth is slower but that to me isn't an argument that (1) it has to stay that way or (2) even if it does your best bet is to move into writing MMO books.

      Put it this way: In the late 1990s and early 2000s, Apple saw sales of Macs decline when compared to PCs. Whereas in 1995 about 10 PCs were sold for every Mac, in 2001, there were over 30 PCs sold for every Mac. So what did they do? Did they start a completely unrelated business, perhaps an oil company? Did Steve Jobs start writing how to books on how to build computers? Of course not. Instead they leveraged their resources -- their talented engineering and design staff, their marketing know-how, and the many devoted customers they already had -- and launched a new product, the iPod.

      But of course they didn't stop there. They continued to innovate with the iPod even as they continued to make new and better Macs. There was the iPod classsic, the iPod Mini, and later the iPod Touch. But by then there were other market movements. Blackberry was making pretty cool mobile phones, phones you could even use to send email! Pretty awesome, right?

      And so Apple again saw an opportunity. And again they leveraged all the resources they already had -- their staff, marketing know-hold, and of course their customers. And this time, they even had a base platform to use, so they more or less grafted the capabilities of a phone onto their iPod Touch and voila! The iPhone was born!

      OK, so my little parable isn't completely applicable to your situation. You're obviously not Apple and you don't have their resources. But you do have some resources -- probably a lot more than you think. Probably things like:
      1. A great Facebook page (or pages)
      2. A web platform that you've tuned to maximize the traffic that you're getting from Facebook
      3. Great content with fantastic products/affiliate offers/articles/etc that your customers love
      4. Lots of FB followers who engage with your content
      5. Established customers who've already bought stuff from/through you or visited your site enough to give you a decent amount of ad revenue
      6. Other assets such as email lists and related systems that you've built to reach your customers
      7. Knowledge of a working way to harness Facebook to build a business
      8. A limited amount of time and money

      On the other hand, the resources you have to draw on for building your new MMO business are:
      1. Knowledge of a working way to harness Facebook to build a business
      2. A book you've spent about a week writing already
      3. A limited amount of time and money

      OK, maybe you have more resources to draw upon than that for your book. And maybe you don't have some of the resources that I listed for your current business. Though in the latter case, that might point to opportunities for growth (e.g., if you don't have email lists, maybe you should start building them.) But the point is, it's almost certain that you have more resources going for your current business than for some unrelated MMO business, so it's almost certain that at least from a financial perspective, it makes more sense to expand your current operation rather than trying to create a completely new one. (Though of course, it's completely legitimate to have reasons other than financial ones for engaging in a new business venture.)

      What might expanding your business look like? Since I don't know your business, I really can't say. Maybe it's expanding your current offerings on your current site. For instance if you sell women's shoes, maybe add socks or purses to your collection. Or maybe it means leveraging your platform and knowledge and customers to start a new business, but one that is far more related than one selling MMO books. For instance, maybe your current business targets fans of the Kansas City Royals, so you decide to expand by creating a new business targeting fans of the Cincinatti Bengals. In this case, there might not be much customer cross-over, but at least you could utilize most of the other systems you've set up. Regardless, you'd be using much more of your existing resources than you would in a potential MMO business.

      Obviously, only you know what's best for you. And as I said there are other reasons you might want to get into an MMO business besides the financial ones. But there seems to be a weird idea around here that the best way to make money online is through MMO, that the steps to online success are (1) Learn (2) Do and (3) Teach. But I don't know of any other industry where so many entrepreneurs think that way. My mom's cousin, for instance, created a food chain, but he didn't write ebooks about it. When he wanted to do something new, he started a chain of higher end restaurants (usually located in places nice places so that he could deduct parts of his vacation expenses on his taxes.) Yeah, he dabbled in real estate and antiquities and other types of business because he found it interesting and he could afford to, but all his serious entrepreneurial efforts were in the restaurant industry. And not surprisingly, when he sold his business for a cool $1 billion, that's those are his business assets that they bought, not his fancy condo investments or his ancient Greek art.

      Anyway, my point is that while writing an ebook may be fun, that's only the first step in creating your new MMO business. And this new business of yours would likely draw upon few of the resources you've already created in building up your existing business. Yes, your current business may be stagnating, but I just have to think you're more likely to have an easier time either reversing that trend or starting another business that is more in line with your current one than entering a completely different field.

      Good luck to you whatever you do!
      • [ 1 ] Thanks
  • In my opinion, if you have in the business of providing value and helping as much people that you can to inspired them to do better for themselves, then I would say YES to answer your question.

    You should also know your worth and set a price on how valuable your information will be!

    Hope this helps a little.
  • Banned
    Why sale it? Scale it!
    • [1] reply
  • If you are confident the ebook holds value, maybe consider a 2-part training...

    eBook = $9.97 - $47

    Video course $47 - $97

    Obviously, you will need to determine your audiences 'price points' based on the scope, depth, and quality of info your are offering.

    Affiliate Program?

    If you offer 50% - 75% commissions, and structure your affiliate program properly, there's a dern good chance you could recruit both your buyers & experienced affiliates who'll promote your product(s).

    Sales Funnel?

    Here's where you decide what is most important;

    - Initial Sales & Profits?

    - Build List, Credibility, & Trust?

    While I would think longterm & go for the cheaper front end product ($9.97 with opt-in) and then 'upsell' the backend product; Video Course for $67 - $97...

    You could (with proper marketing & positioning) earn a boatload of money selling your methods with a multi-stage sales funnel.

    But, to just 'give it away' by offering a $5 -$10 stand alone ebook or WSO, I wouldn't even bother!

    Most likely, you are not the only one using these methods, and chances are there's already several products teaching these methods through ebooks, video, and/or audio...

    But, if you can package it, position it, and recruit affiliates or JV's to help promote it...

    I'd say; "Sell it!"

    You can always expand upon the methods, create more products, maybe offer a coaching program, or chop it up and sell membership access...

    At the end of the day, it's entirely up to you... not anyone else!

    Good luck eitherway. $15k per month is definitely a HUGE selling point if you include proof in your products... Many would see you as an authority.
  • I think you already made up your mind since you've started working on the book
    already. So this post may be considered your prelaunch.

    -Ray Edwards
    • [ 1 ] Thanks
    • [1] reply
    • If you want someone to test your method and confirm that what you're doing works when someone else -- that would be me -- does it, let me know. I can also tell you if what you're writing is clear enough as instructions, if there are any gaps and help clear up any confusion readers might have.

      I'm a professional writer and commercially published author. While I do have my own FB page I haven't made money from it, other than visibility for some of my books.

      Dee
  • You should send me a review copy.
  • hint: the money in the "how to make money online" niche rarely comes from a single product or 1 hit wonder vendor.

    your first product in the "IM" niche is likely not going to make you a ton of money. you have no built in customer list, so to get access to customers, at best you are going to have to offer a high affiliate commission. that alone is rarely enough, just look at all the failed products on jvzoo or warrior+ offering 100% commission.

    most of the guys in the "IM" niche who make anything even remotely close to money that someone with a 15k/month business would be interested in have multiple products and a big list of people who they push other peoples IM products to several times a week.

    a single one off product is very very unlikely to make you much money at all.

    whether your methods work or not is barely even relevant when it comes to your decision. if you are looking for a quick buck by selling a pdf about you make $400/day on fb, good luck with that.

    looking at the numbers on jvzoo and warrior+ it seems you would have about an 95% chance of making less than 100 sales with your first ever product. reality is probably even less than that.

    dont bother unless you want to be in the "IM" niche and have a business plan for doing so.

    keep doing what you are doing and focus on building your business in other ways.
    • [ 1 ] Thanks
  • I'd give it away in exchange for their email address and build a list. Maybe make a free WSO. I love helping others make money online. I never worry about saturation. If it got too crowded I would just find another income stream or step up my game with that one. Pay it forward. You will be rewarded tenfold for helping others.

    I'm sure a bunch of people will disagree with me but I never put any stock in what others think before. If I had I would never have the success I am enjoying today.
  • If it's making that much it's not worth it, unless you can market it enough to make the profit from selling it astronomical. For instance, if you sell it for $997 but can get 100 sales, that's $99 700. A lot of money, but you can make more than that in a year. Chances are for such a high priced-product, unless you've got a massive list, you're not going to get anywhere close. As a result, I don't think it's worth it for you to lose this method.
  • Banned
    [DELETED]
  • hi,

    take my advice and sale it ASAP, as facebook will surely track your method and block you, or may be you can share it once its exhausted.
  • What you truly require is a highly competent review from a seasoned warrior such as myself.

  • That's how 90% of WSOs are born. Someone finds a loophole, exploits it, burns it out, sells it as a "Hot NEW Method!"

    If you want to build a sustainable online business, "loophole" marketing is not the way to do it.
  • [DELETED]
  • It seems as if you are currently working on an eBook. If you are planning on selling the eBook \method, I would suggest only selling limited copies. Along with this, you will need to set up time for working with your customers, helping them set everything up, and answering questions. So if you feel that this is to your advantage, then go for it. If it is going to take up too much of your time and take away from your original income, you need to decide for yourself if it is really something you want to do.
    • [1] reply
    • I keep seeing people wanting Review Copies. Funny, Im just waiting to see if that may be his next step.



      - Robert Andrew
  • If you really want to help people learn the method why not one on one coaching? You could command more than just a wso and then you wouldn't need to worry about the method being stolen on blackhat forums?

    TedK
  • We would appreciate if you could create a WSO thread for this! I will surely buy it! Look forward for it.
  • I think @PHR gave the right advice. At the end, it will come down to a personal choice.

    If this is your only source of income, then you might be afraid selling it to others. But what you might not understand is that some people are making even more money selling a method that works by a system perfectly setup (JV recruit, sales funnel, sales page design...).

    So by choosing to sell your method, your could not only be helping others, but at the same time build a list of happy subscribers and generate even more profits on the long term. Anyway, the choice is yours!
  • I believe you should share your knowledge. Just imagine how many people after this could ask for some help (for $) after this.
  • Do you have any other money making methods? If so and they are making less than your facebook method you could make a WSO or two or three assuming you have other methods and you can launch them to get your name out there and get to be known by other marketers and affiliates and build up your name and reputation and an email list maybe by giving 100% commissions to affiliates.

    Then you can launch your big project as a WSO to start and get some stats and hopefully good conversion rate and then re-launch it on jvzoo by listing your site on muncheye.com to attract affiliates and launch it on JVZoo.

    On your JV page you can show the conversions it got as a WSO and maybe even offer prize money to affiliates. After all if your making lots of money already giving prize money should be no problem and this will also help to attract affiliates.

    You can have an ebook as your front end product and a video course as an upsell and maybe some done for you marketing materials as another upsell and then coaching on your download page.
  • I will advise you don't write any ebook and sell because at the end of the day you will create competitors for yourself and people will not really value the eBook much.

    if I may ask how much will you sell the ebook compare it with what you make from the method plus the stress you will go through in marketing the eBook.

    please, keep your method to yourself and make your money, use it to invest in less stressful business venture.
    After you have make a lot of money from it then you can think of sharing the method. keep in mind that there are people out the whose job is to hurt for information and sell. you wouldn't want this your method to land in their hands. they know best marketing method to employ and sell information #informationmarketers #bewisemyfriend If your method is real, keep it to yourself and earn your money
  • As you've already thought about selling the info, it seems you have already made your decision, you just need some support that it wont be a flop.

    If you are going to release it, you really need to look at the current market and how it works - sales funnels, upsells, downsells, list building, affiliates, email marketing, follow-up products - its a pretty big game, but one a lot of other people do all the time.

    If you do go through with the release, id advise not just releasing a pdf, but to have a solid plan in place on what your game plan is going to be.

    Theres some guy called something glover who did a product called challenge something, 10k i think - i think hes on here - his course his good i hear, message him and ask for his advice if you decide to release

    Best of luck in whatever you decide - hope it all goes well for you
  • In my view sure. As a result of most individuals will not take motion even when all the pieces is specified by entrance of them. Additionally for those who actually are making $four hundred per day promoting it in the correct funnel ought to earn you much more.
  • Sure why not share it for free? I am sure it would give a lot of value to the people here.
  • hi
    its depends on you.and now there are many resourece in market.we can get if free in website.and there are also many books about knowlages.And if u can share with others ,u may make more business friends.
    or u also can try to sell it ,and to see the effects.
  • The best thing for you to do is just document all this tips in an ebook. You can then use sites such as amazon where you can sell the tips at a fee. As much as you will be helping very many people like me get enough money from facebook, you will also be earning from the downloads. Ebook is the best way out. Trust me people will look for the ebook with much care because the money you are earning is a no joke. It is a lot of money.
  • Maybe sell limited copies for a high price point. If you provide "proof" of earnings, you can get a decent price per copy.

    I would not sell it for a low price point if it makes you $400 a day like you say!
    • [1] reply
    • I think this is the option I'm going to go with as well as offer one-on-one training (and i have no problem sharing verification "proof" screenshot and stats of traffic and income). I had no idea how big the one-on-one stuff could be, I've already had about 20 people ask me for this services...

      Just trying to manage the time properly and figure out the best overall strategy.
  • JUST HAND OVER THE SYSTEM ALREADY!
    • [ 1 ] Thanks
  • This should be the ultimate example to people. There's nothing to buy just get to work if he can do it so can you.
  • Banned
    [DELETED]
Join the discussion

Next Topics on Trending Feed