| How To Made A Million Dollars In A Year |
Alvin Phang
Jul 9th, 2007
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Many has seen it done before in 30 days, 7 days and some even 2 hours! But the real secret which I feel how they did it because they understand numbers!
In my niche of selling digital product or physical products, selling online is all about numbers. The more people who see your product the higher chance you can sell your products more. So my own goal at first was to make a Million Dollar in 2010.
After sitting down and looking at what others were doing I am very sure I can reach there too by 2008. I have just reached the 15,000 mark in just a few months and I know it is truly possible and here is how I am going to do it
Action Plan
- Create a digital product (done)
- Position Yourself as an expert in a niche (done)
- Build a list of 100,000 (in progress)
Many people say that the money is in the list, it is really TRUTH and here are some examples how people can make a Million dollars really FAST!
Example of a Ebook selling at US$47.00
Sold to a list of 100,000 with only 1% conversion that’s 1,000 customers
1,000 x $47 = $47,000
Example of a Home Study Course at US$497.00
Sold to a list of 100,000 with only 1% conversion that’s 1,000 customers
1,000 x $497 = $497,000 (That’s Half A Million)
Do you get the picture? Building a list is important but numbers do not really count unless they are your responsive customers in your list. And I see many people who are online are NOT building a list! They are just showing stuff and not doing anything about it.
And what is scarier because it’s online and normally online e-books and programs have affiliate programs, you can even earn more from building an army of people promoting your product for you.
Example of a list of 1,000 customers which only about 100 people sign up as an affiliate.
One Affiliate has maybe about 100 emails
100 Affiliates = 100 x 100 = 10,000 More Customers!
So what you seen here is what I call the Internet Marketing Trade Secret which I think there isn’t any blogger or Internet Marketer crazy enough to show you this but that’s how Internet Business makes money. It’s the list!
And the best way I found building a list is by using blogs! Why Blogs? It’s simple and it has a personal touch behind the website and you can build list by giving free gifts on your blog easily! A highly recommended resource which I have created called Atomic Blogging was created and design solely to help other build a list using blogs by teaching you how to drive massive traffic to your blogs.
You claim your free preview copy here to quickly get you started with your blogs, and if you like it I have package it with nice bonuses. I strongly recommend you get the package before the price increases soon!
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Alvin,
Great stuff you’re sharing. I like your gung-ho spirit to achieve your target in a much shorter time. Go for it man!
Good Luck!
you done man
http://www.bestweb.blog.com
Thanks Mabwas and Alex =) You need the great spirit to achieve wonderful results.
Alvin ,
U already flying high . Best of luck !
I’m still crawling….
wow!!
very Inspirational Alvin!!
Rock On Brother!!!
Cheers to yer Success!! Billy ;))
Peace*
Hi Alvin,
I have every confidence in you that you will hit your first million $ in time to come from internet business.
As what Ewen Chia mentioned…you are the ‘undiscovered gem’ in internet marketing.
Cheers,
Philip ang
thanks guys =)
Hi Alvin,
Awesome sharing you have here. Yes, a list is a must for online business. I am confident that you could achieve this in no time with the support and stuff that you are giving in your blog. Alvin, I may be old compared to all you guys here, but I am learning this online business bit-by-bit and day-by-day, and with a person like you I am learning a bit faster now. Cheers to you.
God bless you Alvin…I know what you believe…you will definitely achieve.
Good on you, Alvin! I look forward to you meeting your “new” goal.
I have a question (shy to ask actually… ) — will you be having any session in future where you share how you manage to get 15,000 opt-ins in a few months? I’m sure many of us will gladly pay to learn this specific lesson from you.
Warm regards
Kelvin