Re: How do I know how expensive of a ticket to promote?

Posted by Tim Davis

July 30, 2008

From a recent Email I wrote, this was my reply:

I had someone ask me this question…
“How do I know how expensive of a ticket to promote?”

Good Question! I have had this question or similar questions
asked several times lately, so I am going to answer it.

One of my mentors taught me:

It’s Easier To Get Four (4) People Out of 1,000 To Buy
a $1,341 Program Than Trying To Grab 38 Buyers With $19.95
Out of a List of 1,000 Names – Joe S.

This was the huge ah..hah! in my business. You see I was
promoting a network marketing program that was paying me
only $27 per sale fast start, and a few bucks residual.

One of my friends was making WAY more money than me..And
I knew I was a better marketer! When I read that from one
of my mentors Joe, I re-read that paragraph and SMACKED my
forehead and said “DUH Tim, what are you thinking!”.

I realized that by the time I was spending money on
advertising to make a dinky $27, I was hardly making any
money at all!

So if its the SAME amount of work to promote a cheap item
as it is to promote something that will pay me 10x or 100x
more, what would you choose?

Get paid $20, $200, or $2,000? Which one would you pick?

So what happens if I make 1 sale a week @ $2k = $8,000, that
is nearly a six-figure income from that alone!

Well with some of those profits, what if I made 2 sales a week?
$16k/mo. x 12 months = $192,000

You get the picture? This is why my friend was smoking my
income at first! A little simple math and its amazing how
it adds up.

I decided to look for a high-ticket item; one that would be
easy to promote, would help people, and one that had tremendous
value. There are a lot of good programs out there, but I
decided to promote on that pays $2k/sale, and that teaches
people how to market online, and offers a lot of tools:

==> My Internet Business

No matter what you do, you absolutely need to get a higher-ticket
item in your sales funnel if you are wanting to make some serious
income off the internet. Regardless if you pick the same one I
did or not.. you need to get one in your business model!

Once I did this my income started to skyrocket. It was amazing
how a simple shift could add a few zeros to my income. That is
my answer to the question, if you have further questions, submit
a question @ http://AskTimDavis.com under the “Contact Tim” tab.

Signing off,
(It’s late at night, I need to catch some Z’s)
Tim Davis
http://AskTimDavis.com

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