Joan Muschamp (Fagnani)
said 9 months, 3 weeks ago:
@rich-brooks this is a great way to generate passive income, especially if you have information products. I have recently started, and now have a plan for more.
The biggest driver is having a large list and good networks for sharing. Cross promotion with others can help drive sales. So, social networks, email marketing, and leveraging joint ventures or developing cross promotion streams are all great ways to market. Truly making money at this takes reach. I got a lot of clicks in FB ads, but not as many conversions, but admit I used a very small test budget for my first product. And, naturally, the lower the price the more volume you need, but pricing is a strategy to use to get initial clients.
So, it’s a toe in the water thing, really. Get the product done, and then market it.
It also sometimes becomes a “bonus” you can give to attract new clients.