How To Make Money Online Faster Than Others

On the internet, there's one way how you can be in business in less than 10 minutes by leveraging on other people's time, effort and money.

That is by obtaining resale rights to another product.

There are resale rights products available in all sorts of niche markets but you'll see them more common in the business opportunities, home business, internet marketing and self help niche.

(This is a quick case study result so I won’t dig deep into the resale rights opportunity like how to find resale rights products, how to evaluate the quality, etc.)

The problem with this opportunity is that, you're competing with other resale rights owner. So you got to know how to make money faster than others before the product's value drops.

Instead of giving you theories, here's an actual case study – I bought the resale rights to a self help course called, BANABU that cost me $997.

So how to reach the prospect before other resellers?

Search engines but the problem is, I'm not ranked at page #1 of Google.com

The solution is to use Google Adwords (if this is new to you, you can read about it at www.google.com/adwords).

But instead of selling the course, here's what my ad says:



You see, as the resale rights owner, I was also given the rights to sell the subscription product as well, which is Banabu Boost Audio Newsletter. The 'recommended' marketing technique was to sell BANABU Course for $47, give 2 months free of Banabu Boost Audio Newsletter that sells for $19 a month and hope that the customer will continue with the subscription.

The only difference that I'm doing is REVERSING the angle. When they click on my ad, I'll ask them to signup for 2 months subscription at $19 a month. That would be a total sum of $38 but I'll ask for an extra $9 for the handling and shipping fee, which adds up to $47. SAME AMOUNT.

When they take this up, they'll get BANABU Course for free.

And since I'm going to ship them the physical audio newsletter ANYWAY, they'll get the BANABU Course in a physical CD package nicely in a DVD cover. No extra shipping cost to me.

By just doing this – not only that I can make money faster than the rest (by using Adwords), but I'll get more sales because I'm including the physical package when others are just providing the digital versions. I'm giving both – which automatically gives me the advantage against other resellers.

And here's my ultimate secret – by doing this, I make autopilot income.

You see, my customers purchased because of the Banabu Boost Audio Newsletter offer and they'll automatically be billed every two months for two subscriptions. While other resellers are selling the $47 BANABU Course and HOPING that they'll signup for the newsletter later on. Chances are, they end up making one time sale.

When I pull up my sales stats, it shows on average, each customer drops off after the second billing. It may seem not attractive, but I've already increased my revenue 100% by DOING NOTHING.

And because it's set to charge a 2-month subscription, I've already made more compare to monthly billing.

At the end, the project pulls in 63 customers which resulted $5,734. That's an increase of 5 times return of investment, not counting all of the other sales generated from other marketing strategies and building a new list of customers.

I hope today's sharing of another research result of mine is helpful to you and your internet business. If you've find value in this quick case study, please leave a Comment or feedback? Needless to say, I will definitely appreciate it because I read all Comments personally and gotten the chance to know you at the same time. :-)

Patric Chan
www.youchandoit.com

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