Intro - $1m /yr with Self Improvement Webstores

ChickenFucker said:
Very insightful actually. Could you please go into more details on how to acquire JV partners and affiliates? I appreciate you taking the time to post here, cheers!
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It's a huge area tbh... its something which ive worked at over 3-4 years and slowly learnt and built up..

To me a JV partners is someone with a similar product and a mailing list. They mail for my product, earn commission, and I do the same for them.. we roughly match traffic.

I started out doing just 1 by accident.. I got approached... the guy sent me 4k subscribers and doubled the size of my business overnight... then over the next 3 years I went about joining peoples newsletters in my niches, seeing who was maiing for who, and contacting them all 1 by 1.. the important thing is that you NEED a newsletter of your own.. no one (BIG) will promote to you without return traffic to them.. don't even bother...

The most important thing is traffic return so highlight your list size and average traffic you can send near the top of your email.... 10% of people respond, and you work with 1/3 of them, and 50% of those are good... slowly you build your circle until you have about 10+ people in there, then youre all chatting away on skype and you don't need to cold email people anymore - you just get recommendations and intros from your existing circle.

Of course you also need an offer, again, no one is sending to your freebie list without any commission really.. I won't anyway..

Then you need conversion rate... you can actually do ok even if your product doesnt convert at a top level.. but you need to be giving 0.50-$2 clicks.. anything under 0.50 and people will not want to work with you again.. unless u have a huge list and can really drive traffic..

guerilla said:
Is that 1 million before affiliates get paid or after?

I think the niche you're in is huge and has massive potential. Digital products traditionally don't get a warm welcome here, there is a backlash against gurus selling ebooks and training that goes back to the founding of the forum iirc.

I hope you stick around.

As far as CPA stuff, those guys don't talk a lot about what they do in public, but maybe you can get some networking going.
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Yeh, I'm not a fan of plowing eBooks through Clickbank, but some people do it really well.. those who stick to just one and really push it hard and grow it...

Our stuff isnt just digital, we sell physical CDs too and they look and sound good quality.. but 80% of our sales are digital.. and thats great, 99% profit on an digital sale.

The $1m+ is before affiliates, thats rough website revenue across 3 sites.. Maybe I take home just less than half of that.. but then I make decent extra money from being an affiliate to my JV partners launches so make.. I don't even know but definitely $100k+ from those.. probably 150k+ yearly too now, and that is all 100% profit

But all of the profit I split 50/50 with my business partner - hes web development, and I'm marketing.
 


Dear Dan,

Would you accept sexual favors from this humble bird lover in exchange for a pm? Basically my partner and I have something very similar going and getting the merchant processor and a few other things has proven to be very tricky.

Sincerly,

ChickenFucker
 
Jeeta said:
Anybody who can sell a million dollars worth of stuff online within a year has my respect. Welcome to the forum Dan!

Please kindly dickroll yourself here to complete the official WickedFire initiation ritual.
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A lot of us sell millions of dollars worth of stuff every year. The trouble is, we only get a % of it =(
 
amateursurgeon said:
I don't think Dan's going to be able to help you get a merchant for your life-size animal sex dolls (with realistic bodily fluids), bro.
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Haha, probably not - Merchant accounts, not my speciality.. in-fact I have no real idea... we have a bank account in the UK, we hooked to paypal payments pro, and google checkout.. never had a big struggle like I hear some people have... for sure you can PM me if you want, but I dont think I have enough posts to be able to reply perhaps and I don't know much bout this area really..
 
Dan Bainbridge said:
Haha, probably not - Merchant accounts, not my speciality.. in-fact I have no real idea... we have a bank account in the UK, we hooked to paypal payments pro, and google checkout.. never had a big struggle like I hear some people have... for sure you can PM me if you want, but I dont think I have enough posts to be able to reply perhaps and I don't know much bout this area really..
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If I were you I would look into 2checkout and ditch paypal ASAP.
 
Sooo.... Hynposis is there for the taking.... eh...? I would not have outed your site bro, or your niche... Some asshole with nothing to do, can figure out your site, download your stuff, re-package it, and offer it on clickbank as an affiliate, and make a shit load of money within 24 hours.... hmm... I'll be right back.
 
CCarter said:
Sooo.... Hynposis is there for the taking.... eh...? I would not have outed your site bro, or your niche... Some asshole with nothing to do, can figure out your site, download your stuff, re-package it, and offer it on clickbank as an affiliate, and make a shit load of money within 24 hours.... hmm... I'll be right back.
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They can't though. It's the JV relationships and mailing lists that make this stuff possible.

Plus Clickbank won't let it fly.

momchil9 said:
If I were you I would look into 2checkout and ditch paypal ASAP.
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From my experience, when you start doing 60k+ a month with Paypal, you get a different level of service.
 
CCarter said:
Sooo.... Hynposis is there for the taking.... eh...? I would not have outed your site bro, or your niche... Some asshole with nothing to do, can figure out your site, download your stuff, re-package it, and offer it on clickbank as an affiliate, and make a shit load of money within 24 hours.... hmm... I'll be right back.
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Self-hypnosis stuff has been big online since internet marketing meant spamming usenet, in fact I remember signing up for I think it was bfast? around the turn of the century to promote some "multimedia meditation" cdrom.
 
CCarter said:
Sooo.... Hynposis is there for the taking.... eh...? I would not have outed your site bro, or your niche... Some asshole with nothing to do, can figure out your site, download your stuff, re-package it, and offer it on clickbank as an affiliate, and make a shit load of money within 24 hours.... hmm... I'll be right back.
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We moved off Clickbank as it wasn't suited to us...

You can figure out any site you want though really.. any huge site with traffic u can rip it off if u really want to.. if youre going to do that then aim much bigger than me mate ;)
 
guerilla said:
They can't though. It's the JV relationships and mailing lists that make this stuff possible.

Plus Clickbank won't let it fly.

From my experience, when you start doing 60k+ a month with Paypal, you get a different level of service.
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Yes, JVs are the key.. I'd say I make 90% of my money in a roundabout way because of JVs.. the initial money there and then and the growth of my business and lists forever more... taken me 5 years to build up to this point tho and 3-4 years to build a circle of 30+ JV partners, and I'm only JUST getting the trust and to work with some of the bigger people I've been chasing for years... long game...
 
Dan Bainbridge said:
We moved off Clickbank as it wasn't suited to us...

You can figure out any site you want though really.. any huge site with traffic u can rip it off if u really want to.. if youre going to do that then aim much bigger than me mate ;)
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Dan, if you were to recreate your success in another niche, what would be some of the biggest and most important steps you'd take (knowing what you now know) for the fastest growth/income?
 
What uk bank are you using. Getting a uk account is a fucking nightmare for traditional on services products.

Im amazed you got an account for something as "out there" as this niche
 
mediastar100 said:
What uk bank are you using. Getting a uk account is a fucking nightmare for traditional on services products.

Im amazed you got an account for something as "out there" as this niche
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Getting a bank account is easy, getting a merchant account, less so.

From what he's said he doesn't have a merchant account anyway.

Even so - he now has enough trading history for that to be easy, too.
 
CCarter said:
Sooo.... Hynposis is there for the taking.... eh...? I would not have outed your site bro, or your niche... Some asshole with nothing to do, can figure out your site, download your stuff, re-package it, and offer it on clickbank as an affiliate, and make a shit load of money within 24 hours.... hmm... I'll be right back.
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...and that's where you'll find out the difference between a proper business and most of the flimsy rackets that pass for one online (note I haven't seen OP's site, so I'm assuming it's the former).

With most "niche" stuff people, are worried about outing because if you copy the links, content and front-end sale/affiliate offer, you have a carbon copy of the business and all you have to do is outrank/outbid them.

If you've taken the time to build it into a sustainable business, what you can see from the site will only be 10% of the story.... backend funnel, customer relationship affiliate relationships, business systems and industry reputation are far more important than the easily replicable bits. Of course, those take several years to build up, so most people will have wandered off to play Battlefield 3 long before they get going.

Unfortunately, I still wouldn't recommend outing your shit here, because there are still one or two dickheads who will screw stuff up for you short term by scraping your content and copying some of your links, then reporting you as a spammer to Google out of idle malice.
 
mediastar100 said:
What uk bank are you using. Getting a uk account is a fucking nightmare for traditional on services products.

Im amazed you got an account for something as "out there" as this niche
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If you're UK, it's easy. You just tell them it's for a consulting business, then change direction later on. Merchant accounts are harder though.
 
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