(08-08-2015, 09:33 PM)apollolux Wrote: For paid traffic, is 10% profit low, high, or expected? I've only ever done site development rather than web sales and marketing and haven't yet done the research on this, so I'm excited to read how your journey is progressing and look forward to seeing your results, heavysm!
That $10/ 10% profit is only at the very first stage of my funnel.
(10% profit, which is really 110%, from paid traffic is alright, but not great. Most IM'ers that i know like to hit 150 - 200+% where possible. But the strength of my system is all that i have typed below which pulls even more $$ out of that same traffic. )
Once the subscribers are collected and I have advertisers, that's back end profit, where the advertises pay me per click from my newsletter.
My sales funnel provides the front end profit - which is that 10% or whatever it happens to be - plus the back end profit which could be anywhere from $100 a day up onward to whatever (50 cents a click at 200 clicks).
That's why i considered this 'insight' cause it's so damned powerful. I'm paid at two points, when my subscribers first get onto my email list and again when my advertisers pay me for ad space.
In an ideal situation, this is what I'd be dealing with:
Pay $5000 for traffic, get 15,000 subscribers.
Make back $5000 in immediate revenue, so those subscribers were free (or if immediate revenue is more than traffic cost, I profit).
I then send out ads in my newsletter and pull about 200 - 300 clicks per day at 50 cents each.
That's now 300 clicks x 50 cents = $150 daily ALL PROFIT
I do this over and over and my daily clicks delivered just go up.
From 300 daily clicks, to 500, to whatever I can manage. There's no upper limit here.
So this system is scale-able into the heavens and beyond.
I have one friend who does similar to this. He's about 3 years younger than me at roughly 23 but he makes about $60k a month from this stuff. It's that flippin dippity crazy. No smoke and mirrors here.
The only thing that really kept me from jumping on this before was deeply rooted FEAR that i wouldn't make bad my $$$ from traffic purchases. But I didn't know about funnels back then, or product creation, or sales copy, or copywriting etc. So I can 100% do this.
I'm 'thinking' - very much a back of the mind thought - that once I hit a few grand a month with this I'll setup some coaching to help others out. It just takes the knowledge of setting up all the pieces, like putting a car together; you just have to understand how the individual concepts fit into the bigger picture and put them all together so the whole thing works like a well oiled machine.
Definitely exciting stuff