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Your first WSO (or other product)
If you've ever seen a WSO you liked or perhaps even bought, sometimes, you might even have thought for yourself... Could I make a successful WSO too?
You might have tried.. And failed. I know lots of people, who's done the same thing. I was one of them myself and I've made mistakes too..
**Note
A WSO is a "warrior special offer", and is a product or service you sell on warriorforum.com
However, due to all my research and due to the fact that my mindset are on a different level now compared to how it used to be a few years back, I launched my very first WSO in late 2013. I had never done it before. I had no lists, no reputation. Nothing. I just thought for myself.. Would this be possible?
Long story short..
All in all, I had more than 100 unique sales and I earned more than $1,000. This wasn't my first money I made online.. But it was a satisfying feeling. I learned that I could sell products on other platforms too. I wasn't tied to SEOClerks or Fiverr. Not at all..
Anyhow, when you're having thoughts about creating a product, launching a WSO or not.. Spend some time and do some research.. When you've done that.. Do some more.. And a bit more after that.
• What are people looking for?
• What can you give people answers for?
• What can you teach others?
• What can you provide?
Can these people you're targeting afford to purchase your product? Will they?
To make this easy, read some of the threads within the "Main Internet Marketing Discussion Forum" on warriorforum.com. View the first 10 or 15 threads or so. Look at the titles as those most often explains what people are looking for. Different threads and different people who's asking but it's more or less the same questions.. Can you see it?
When you've found a couple of threads that are similar.. Begin the research!
Start working on finding answers for their questions..
• google is your friend. Never underestimate google.
When you've gathered tons of answers for their questions & lots of additional information you think can be used, start writing!
You can even hire people to do these tasks for you, if you'd rather spend your time doing something else. There are many sites like Elance.com, Iwriter.com, Epicwrite.com, WordClerks.com and SEOClerks.com you can use to grab all the content for your product.
Note:
If you're a good writer yourself and are looking for money. Iwriter.com is actually a great option to start off with. However, your earnings won't be good enough for having this as your only income, so don't stay there. Move forward.
**Have no money to invest?
Take a look at successful WSOs or products for inspiration and try to do everything yourself. When it comes to sales copy designs and sales letters, you'll end up with tons of inspiration! Never, and I say NEVER copy and paste others work. That's going to hurt your business a lot. Plagiarism is not okay!
Products In 24 Hours
If you're tired of doing research, or not just fond of it.. There's a bit "sneakier" way to
get things done. I'm talking about PLR products. PLR stands for “Private Label Rights”. You can edit them, sell them and claim ownership to the product.
Most PLR products comes with everything you need. Ebook, covers, articles. Even sales letters, so it's easy to start selling them. However, I do recommend that you alter the information within. Re-write the content. Use your own words.
Here's a few links for PLR stores.
– http://www.theplrstore.com/
– http://www.masterresalerights.com/
– http://tradebit.com/
First WSO And Earnings
Here below you can see my earnings from my first WSO. Fiverr Genie. I had no list, no experience, no reputation and I was a total novice.
As you can see, I had 89 + 55 sales in total, (144 sales) and I earned $807 + $266 from these sales. That equates to $7,45 per sale. I offer warrior members this for free today and I've been doing so for quite some time.
Why do I offer this for free when I could have sold more copies?
I have two major reasons for it.. First of all, this was a "test run". I was just into it because I wanted to see for myself, if I was able to earn from doing what so many others where doing.. The second reason is because I could use this giveaway to build reputation for future launches. I always knew that sooner or later I'd be launching another product.
A total of 117 people have thanked me for giving it away for free (on Warrior Forum alone). In reality, how many do you think actually downloaded it, without thanking me for it..?
Since I don't keep records of downloads I can't do more than just a guess, but how about using the rating percentage when I got orders on Fiverr, like I showed you above..?
I got approximately 1 feedback for every 2 sales. A little less. In case this would apply here it would be about 250 downloads in total. 250 downloads and more than 140 sales. That being said, I'm satisfied with the results.
Could I have done things differently? - That's obvious.
I could have built myself a list, for both sales and the giveaway. I could have used this list to promote my products or affiliate offers and I could have earned way more than the measly $1,000 I actually earned from my product.. But that was never my intention. The reason I did this, was to see if a total rookie could have some success doing this.. And I got results.
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Lynne
I've enjoyed this post Andre. What I got from it and what is actually really clear from all your posts from your eBook is that it is possible to make money online but you have to try new things, you need to play around and do your research and of course work your butt off.
Like you said in your previous post there are so many people with the Shiny Object Syndrome and in order to really make it you need to take off your rose tinted glasses and get stuck in with good old hard work! I am a member of Warrior Forum, I've been there a few times but I haven't really gotten into it though. Maybe I should go and stalk you to see how it all works! I've enjoyed this post Andre. What I got from it and what is actually really clear from all your posts from your eBook is that it is possible to make money online but you have to try new things, you need to play around and do your research and of course work your butt off. Like you said in your previous post there are so many people with the Shiny Object Syndrome and in order to really make it you need to take off your rose tinted glasses and get stuck in with good old hard work!
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