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How to Earn a Passive How to Earn a Passive Income From Your Income From Your Speaking BusinessSpeaking Business
Andrew and Daryl Grant
Here are some examples Here are some examples of our ebook sitesof our ebook sites
For example:
www.practical-report-writing.com
www.skin-cancer-advice.com
www.inspirational-kids-stories.com
www.adoption-advice.com
The basic steps are…The basic steps are…
1. Identify a potential market niche
2. Test the niche to see if it will be profitable
3. Develop the product
4. Write the sales letter
5. Build the website, with a process to collect the money
6. Monitor and fine tune
How much does each site How much does each site make?make?
To begin with, we aim for 500 clicks a day, 10c per click, 1% close rate, $30 product.
This gives 5 sales a day ($150 a day income) at a cost of $50.
Gross monthly income = $4,500 per site.
Once this is in place, build up volume and close rate, and reduce costs.
With some fine tuning, With some fine tuning, here’s what this site could here’s what this site could make…make… 1,500 clicks a day, 10c per click, 1.1% close rate,
US$35 product. This gives you 16.5 sales a day. US$578 a day
income at a cost of US$150. Gross monthly income = US$17,325 (US$208,000
per year). Buyers = 6,022 per year
Note: Results will vary based on individual circumstances such as the niche and your marketing ability. These figures are for
demonstration purposes only.
Examples of Advanced Examples of Advanced StrategiesStrategies
Upsell back end products (CDs, DVDs) Put a “forced continuity” (subscription)
program in place Deliver high end coaching Sell other people’s products (via JV or
affiliate programs) Sell your ebook site
… etc, etc, etc …
$3m a year from 6,000 ebook $3m a year from 6,000 ebook buyersbuyers
If 30% of ebook buyers join your subscription site @ $50 per month, that’s $1m a year additional income.
If 20% of ebook buyers take an upsell @ $500, that’s $600,000 additional.
If 5% of ebook buyers take an upsell @ $5,000, that’s $1.5m additional.
Do you have a list?Do you have an automated
system to build your list?Do you have an automated
way to market to your list?
Proposed programs for Proposed programs for NSAA membersNSAA members
Pack 1 – How to build an ebook business. Includes how to identify and establish joint ventures between NSAA members.
Pack 2 – Everything in Pack 1, plus how to build a more advanced internet business, including membership sites and upsells.
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