An Update: At the rate I’m going, I don’t think I’ll reach my $1000 per day goal by next month. I’m being realistic here. The products I sell currently net me between $300 to $600 per day, an average of $450 per day. That’s not bad, the problem I have is I have been hit and continue to be hit with copyright theft. I’ve been working hours each day to put a clamp on it (with success) but it’s not going to go away. There is huge demand for my products but there are a few that don’t want to pay for it and that’s hurting sales.
No matter, I’m still averaging higher then normal sales and showing a positive growth trend for the coming months and years ahead. I started out with $20 to $100 a day in sales and have steadly grown to where I’m at now, $300 to $600 per day. I have four products, two which are my main money makers.
I have been debating what to do with my other two products, there is demand for them but I do not advertise them hardly at all. I feel they are not my best work so I let them sit ideal and generate the random sale every once in awhile. What I plan to do is focus on the one with the most interest, make it better and then start promoting it to my current customers. I have to make it where my current customers want it. I have to make them understand that they need this to further their own business. That’s where I’m at right now. To finish a product I felt was never completed and market it hardcore for solid sales. I’m Hoping that’s what will happen.
My other options is to break the product down and sell it in two parts. Or give away the first part and sell the other half. Or just give it away and promote affiliate products on the back end. I have a lot of options, but I haven’t decided which option is the best way to go. I know many bloggers who give away a product,, and make great money on the back end promotions, and affiliate commissions. I think that COULD work for me, though I have never tried it myself.
It seems I have some research to do. Would this be the solution to put my over the top? This should generate $50 to $200 more per day in sales and affiliate commissions. The good thing is this product is broad. The bad thing is the product is BROAD. It’s a huge niche with a lot of competition.
I’ll get started with this and report back in a couple weeks with the progress I’ve made.
This guy explains it pretty well, except he throws in the idea of using affiliates to promote your products: http://www.divorcekit.com/Viral/Backend_Profit_Secrets_and_Viral_Marketing.html
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