Nomad Internet Marketing March 2017 Issue 03 | Page 12

12
For most marketers, they will turn their
attention to creating the next product and doing
the entire process again.
And because of that, they will leave a
tremendous amount of money on the table.
If your offer sells for $19 and you’re converting
at 5%, then you’re making $95 for every 100
people you send to your site.
This doesn’t even include the list you’re
building and will market to over and over again.
Now then, if you can buy those 100 visitors for
$40, you’ve just make a profit of $55.
Buy 1,000 visitors and you’ve made $550.
Buy 10,000 visitors and you’ve made $5,500.
But wait, there’s more!
What if you add a backend product? Just one
sale per 100 visitors of a $100 product increases
your profit from $55 to $155.
10,000 visitors? $15,500 profit.
You can also add coaching, continuity
(membership) programs, etc. for even more profit.
Are you following me here?
Let’s use an analogy: Someone invests 3
months to open a hair salon. They have a big
grand opening with lots of customers. And when
that dies down, they close shop, move across
town and do it all over again.
Yeah, that would be pretty crazy.
Yet that’s what 98% of online marketers do.
They create a product, launch it, have a great
week and then start all over again.
And they wonder why they are still struggling.
So what’s the takeaway?
• Invest time in building a profitable, high-
converting funnel.
• Test it out and do the math – how much can
you spend on advertising and still make
money?
• Start by investing small and ramp your way up.
• Don’t forget to build your list – your funnel is
your upfront money, and your list is your “go
to” money. That is, whenever you need funds
or simply want to boost your income, you can
go to your list and make them an offer.
What will derail you in this process:
• Getting lured away by the glamour of creating
another new product funnel when you should
be scaling up the one you already have.
• Fear of spending money to make money. Yes,
spending $1000 or more to make sales is
scary. That’s why you want to start small, make
sure your entire funnel is working, and then
scale up. And up. And Up.
Your biggest mistake – would be brushing this
advice off.
Fortunes have been made simply by creating a
profitable funnel and then scaling it up.
FORTUNES.
As in nearly 7 figures made from one Clickbank
product…
Per MONTH.
That’s right – 6 Pack Abs at the pinnacle of its
success was earning over $11 million per year.
Your results will vary.