31 Step Success Building Starting with a PENNY
...

DAY # 614: A PROVEN MARKETING CAMPAIGN

UPDATE:
Thursday, 12-Apr-2007 1:08 PM

I spent the hours this AM working on a new marketing campaign where I'll do the following:

  • Setup an E-book for sale at $49.00.
  • Use every resource that I have and add search engine traffic to sell the e-book.
  • Use the BRANDED SITE that I created --http://www.therichsage.com >> to help 100 Representatives duplicate my efforts until the network re-launch the 7th of July 2007.

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Legal Note: I am not a Financial Advisor, Lawyer or Accountant. If you are going to do this on your own seek professional help when you need it. Through this site, my BLOG, I am simply sharing my thoughts, goals, and showing what I am doing. Collectively "INFORMATION" that you can read to follow along. Otherwise, go here...

-- My Broadcast Blog --

As part of the campaign each member will get 90 days to evaluate the network for FREE.

I have tested many of the elements of the marketing campaign. The only "if" is that I have adjusted the price to the highest point that I will allow. Anyway, above $50, sales of the e-book will dip a long way. However, just below that I think there's a good chance to make some great sales conversions.

So, the idea is to sell the e-book for $49.00, and $9.00 of the coming to the company to handle upgrades for 90 days. That leaves the Rep with $40.00. Then after the Paypal fees, the Rep is left with about $38.00. Then the considerations is the cost of the traffic to make the sales. Let's say that the cost of the traffic is $0.50 per visitor, then let's say that every 20 visitors, there's one sale. So, the cost of the visitors PER sale is $5.00. So, out of $49.00 sale, $5.00 for the cost of the sale, then $9.00 for the company. And finally, some Paypal expenses. Let's say $2.00. That leaves the seller with $33 per sale. Not bad! Around 2 or 3 sales of that type per day will result in some nice affiliate earnings per month.

ROI SUMMARY:

PRODUCT SALE PRICE: $49.00
COST of SALE (EST): ($5.00)
COST of CREDIT CARDS ORDER: ($2.00)
PAY to MAXSIMO: ($9.00)

Final Sales Proceeds: $33.00

One small (but vital) step to keep ROI very high -- A tracking software that will track the key words used in searches and pay per click traffic used to drive traffic to the sales page. The software will help greatly manage and focus on the key words that work while I personally manage around 25 accounts.

Lastly, the most important aspect of this is that the Network will grow rapidly and capture the first 1,000 users that I am looking for.

TWO TYPES of PEOPLE WILL BE HELPED:

My goal is to find 100 people who will signup for free and allow me to manage the growth of the account using the above system.

My next goal is to help all other signup's to the network to setup their own ebook sales using SEND MY INFO.

Once again, my objective is to have the first 1,000 representatives and first 1,000 members active on the network.

Anyway, now I need to focus on that and have the report that will go out to the new reps ready. Got to go... Carpe Diem. Sam out.

UPDATE: 2008-09-08 05:01:43:UTC+00:00
------------Business Success Wisdom for the Day:

Text file with business success tips at p31.com The aim of life is self-development. To realize one’s nature perfectly — that is what each of us is here for. Oscar Wilde

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BACK to DAY 613 | TODAY is DAY 614 | NEXT is DAY 615

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Below are links to my thoughts, comments, actions, results and a BLOG as I take ONE PENNY (USD$0.01) and double it thirty one times utilizing a 31-STEP Success Plan™ in an effort to build the PENNY to USD $10,737,418.24:

STEP 01: $0.01
STEP 02: $0.02
STEP 03: $0.04
STEP 04: $0.08
STEP 05: $0.16
STEP 06: $0.32
STEP 07: $0.64
STEP 08: $1.28
STEP 09: $2.56
STEP 10: $5.12
STEP 11: $10.24
STEP 12: $20.48
STEP 13: $40.96
STEP 14: $81.92
STEP 15: $163.84
STEP 16: $327.68
STEP 17: $655.36
STEP 18: $1,310.72
STEP 19: $2,621.44
STEP 20: $5,242.88
STEP 21: $10,485.76
STEP 22: $20,971.52
STEP 23: $41,943.04
STEP 24: $83,886.08
STEP 25: $167,772.16
STEP 26: $335,544.32
STEP 27: $671,088.64
STEP 28: $1,342,177.28
STEP 29: $2,684,354.56
STEP 30: $5,368,709.12
STEP 31: $10,737,418.24

 

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