neverpooragain

Power Member
Dec 13, 2017
610
732
Hey,

I vanished for quite same time from here, I'm happy to say I was able to scale my online biz from ±4k/mo to stable 18-21k/mo, and growing.

Nothing to sell you... although I'll admit, 95% of my revenue is from selling info products, don't blame me.. if there's a reliable way to get you where you wanna be, you should jump on it as well.

I've decided I'll share some things I've learned along the way.

Rarely responding to DM's very busy, I'll be here only if I want to share something.


With that being said here are some things that either saved me or made me very interesting amounts of money:


1️⃣ Not having a backup payment processor:

One of my videos on Instagram went viral, and my payment processor put my account on hold because of unusual amount of transactions. Right now I have 3 different websites ready with different payment gateways. If anything happens all I need to do is update all my links so they point to the backup site.


2️⃣ Not having a order bump:

I didn't realize how much sales I lost till I tried it. Adding an extra product option people can select at the checkout was a quick win. Every third person that made a purchase decided to click "Yes, I want extra stuff for $27".


3️⃣ Not doing A/B testing:

I was quite confident that my opt-in page is well optimised. It had a custom built pure html/css page to make sure the page loads under 0.5 sec. It had all the benefits listed. But I didn't test multiple headlines. Before the split test I got $2.3 back for every $1 spent on ads. After the split test (with winning headline) I got to $4.5 for every $1 spent back-end not included.


4️⃣ Not having a full 30 day money back guarantee:

You can say whatever you want, but if you don't offer a money back guarantee, your product is most likely dog shit, and doesn't give people results.

I know this is controversial for info products especially, but you should have at least action-based MBG.

For example: I know that if people follow steps inside my program they'll se results, so right now I offer an action based refund meaning. If they want their money back sure not problem, just show me that you've actually done the things you should, and it didn't work for ya.

And this is very clear before the checkout, I tell people hey if you want a refund, you have to show me that you've actually did what I've told you, and I'm doing this because I know you'll get results if you do what I say.

Of course if the person is a dick, and starts tellin you he will charge-back, you should refund him ASAP, not worth it dealing with idiots.


This is only like 4 out of 34 things I have written down to my notes... So, if you guys want more just comment or like so I know this is valuable for you.
 
How a newbie can be benefited by this? Please shares some insights. Looking forward,
 
Selling information, courses, programs, mentorships
Hey, will you share the other 30 things on this post?

1️⃣ Not having a backup payment processor:

One of my videos on Instagram went viral, and my payment processor put my account on hold because of unusual amount of transactions. Right now I have 3 different websites ready with different payment gateways. If anything happens all I need to do is update all my links so they point to the backup site.
That's good advice, I'd like to read the other things you have to say :)
 
5️⃣ Using push instead of pull:

I was pushing to people how amazing my product is, and telling them to join, I was messaging around 50 people per day.

This got me very little to no results, and it took a lot of mental energy.

Luckily, I've realised that making people message you by themselves is way easier, and more scalable approach.

For example just yesterday I published a Reddit post about how much I'm earning, that post got above 350 upvotes, and turned into 150 dms, and 4 clients.

w8m5a3%2Fpreview%2F57260074%2Fmain_large.gif



So, yeah attracting people is better, just don't read Reddit comments on that posts people are toxic dipshits.

This is not something I would pull off every day - no pun intended, but it's a great example how with 1/100 work you can get more done.


6️⃣ Not being customer success focused:

My first idea when I got started was, I'm gonna create a cool product, and once people purchase I'll wish them good luck, and enjoy the money like most mentorship sellers do.

Which still worked, most people buy online education, and do jack shit after that..

Anyhow, I hired a person that would reach out to my clients/students so they basically had a personal assistant, which is for $30 / mo product unheard of I think or at least very rare.

This resulted in people taking it way more seriously, completion rate of my program (how many people watched all the lessons) went from 45% to around 68%. This had drastically impacted my churn rate!

My assistant also logs in into our system every single day and checks activity of our members. For example if a person gets into our program, and logs in only the first day, we know that theres a high chance that he will not continue with his membership, that's why my assistant reaches out to people that are not active.


7️⃣ Not having a "Kill Box":

There's just two ways you can get more sales..

1. Get in more people
2. Make people buy more shit from you

For a long time i didn't have any high ticket offer for example done for you or 1:1 mentorship.

Big mistake, if people like your product, and it gives results, some people will just want to buy more.


I'm very busy today so I'll keep it only like this for now...
 
Last edited:
Any tips to create products? It would be great if you could share some details on how you create products.
 
Hey, this is super-interesting! Hearty congratulations on your great success and hope it keeps going up and up!

I am curious about a few things.

1. How many months do you keep the customer on rebill?

2. What do you do after you are done delivering your course after x number of months or whatever the planned duration is?

3. What percentage of people take up your upsells? (Such as 1:1 coaching, DFY etc.?)
 
Hey,

I vanished for quite same time from here, I'm happy to say I was able to scale my online biz from ±4k/mo to stable 18-21k/mo, and growing.

Nothing to sell you... although I'll admit, 95% of my revenue is from selling info products, don't blame me.. if there's a reliable way to get you where you wanna be, you should jump on it as well.

I've decided I'll share some things I've learned along the way.

Rarely responding to DM's very busy, I'll be here only if I want to share something.


With that being said here are some things that either saved me or made me very interesting amounts of money:


1️⃣ Not having a backup payment processor:

One of my videos on Instagram went viral, and my payment processor put my account on hold because of unusual amount of transactions. Right now I have 3 different websites ready with different payment gateways. If anything happens all I need to do is update all my links so they point to the backup site.


2️⃣ Not having a order bump:

I didn't realize how much sales I lost till I tried it. Adding an extra product option people can select at the checkout was a quick win. Every third person that made a purchase decided to click "Yes, I want extra stuff for $27".


3️⃣ Not doing A/B testing:

I was quite confident that my opt-in page is well optimised. It had a custom built pure html/css page to make sure the page loads under 0.5 sec. It had all the benefits listed. But I didn't test multiple headlines. Before the split test I got $2.3 back for every $1 spent on ads. After the split test (with winning headline) I got to $4.5 for every $1 spent back-end not included.


4️⃣ Not having a full 30 day money back guarantee:

You can say whatever you want, but if you don't offer a money back guarantee, your product is most likely dog shit, and doesn't give people results.

I know this is controversial for info products especially, but you should have at least action-based MBG.

For example: I know that if people follow steps inside my program they'll se results, so right now I offer an action based refund meaning. If they want their money back sure not problem, just show me that you've actually done the things you should, and it didn't work for ya.

And this is very clear before the checkout, I tell people hey if you want a refund, you have to show me that you've actually did what I've told you, and I'm doing this because I know you'll get results if you do what I say.

Of course if the person is a dick, and starts tellin you he will charge-back, you should refund him ASAP, not worth it dealing with idiots.


This is only like 4 out of 34 things I have written down to my notes... So, if you guys want more just comment or like so I know this is valuable for you.
Fantastic results you've been able to achieve. Info products with the right promotion are a quick way to make bank. Payment processors is sometime the major issue some of us face.
 
Do recurring payments help you? and what are the best payment processors according to you for sellers?
 
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