New Product Posted
I have been working on posting up a product I didn’t create. It is a PLR product that I am using to experiment with. I built the blog pages that offer a lead magnet which is a short ebook about email marketing subscriber care and the product I am selling is called Email Marketing Success.
This is an experiment and an exercise in email marketing and also gave me some experience putting together a paypal button, figuring out how to organize my process and web pages to allow me to collect name and email plus offer an ebook for sale at a really low cost.
This particular product does not fit my criteria for sending to a solo ad because I would need to high of a conversion rate because of the low price so it doesn’t make sense to “try” and “hope” to get enough $7 sales to cover the $0.40 cost per click of a solo ad. My goal with solo ads is to at least break even.
I already had this particular PLR product on my computer so I decided to see if I could build it and make it functional. Now I’ve got to do the same thing for another product that I can have content that will generate more than $7 per conversion.
While I do expect a high sign up rate I don’t think I will get a good enough conversion rate to pay for an ad. I am estimating 1% conversion on the clicks for 300 clicks. That would only give me 3 sales for $21 total. Minus the cost of Solo Ad and my profit is negative, more than $100. I can expand that calculation if you’d like, just leave a comment below.
Since I have learned how to send my blog posts to you I have been getting more visitors to my website, THANKS!
Now, I should start getting more search engine traffic too.
You will get to see me develop my ad writing skills. I have more posts lately and I have not been putting much promotional material anywhere. Now that I am putting together PLR products to generate me some cash flow I also need to market the products and try different promotional methods. I will be creating my own banners ads. I will also be using solo ads. My content is going to help generate traffic to my sites and my ads will lead to sales for me.
Today I have spent many hours setting up the Email Marketing Success Course and lead squeeze pages. My next product will have it’s own domain. It will be more in depth and be a little pricier but still affordable and worth it at around the $40-$50 range.
I chose email marketing because it makes sense and it is not going away any time soon. My next product will be in the same niche. I am looking at a course on Solo Ads. I want to use them to market these PLR products and they are also an effective way to get traffic to your content. I am using email and I have used Solo Ads in the past. I am confident that I can get enough sales on a course to make money sending emails that I may be able to go for a less expensive product but I haven’t finished my research yet.
It’s been a long day but I have been sort of enjoying the process of setting up this little profit generator and introducing this PLR niche to you, if you weren’t already acquainted with it.
There are quite a few moving parts but I think it can be done. The important part is to get something functional up, which is what I did today, and work out the kinks as they appear.
Please check out my work on Email Marketing Success and post your thoughts in the comments below.
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