Daniel Scocco here, and this is the Daily Blog Tips newsletter.
Today I want to talk about selling stuff (either products or
services). More specifically, about how most people underestimate
how hard it is to sell stuff.
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A couple of months ago a person approached me to see if I was
interested in becoming an affiliate for his "Make Money Blogging"
eBook. In his email he explained that he had great plans for the
eBook. The price would be $29, and he was expecting to sell 10,000
copies in the first six months.
The numbers got me curious, so I went to visit his blog. According
to his "Advertise" page he received 50,000 monthly visitors, and
had 2,000 RSS subscribers.
Hhmmm, I thought.
I didn't want to rain on his parade, so I replied to his email
politely saying I was busy with some projects and wouldn't have
time to join as an affiliate, wishing good luck for the launch
anyway.
What I had in mind was something else though, which is: There was
no way on earth he would be able to sell 10,000 copies of that
eBook in 6 YEARS, let alone 6 months!
How come? First of all because the product was not a novelty, and
it aimed at a saturated market. Second, the product creator didn't
have a strong name/reputation, nor a big audience already in place.
In fact if I was to make a guess I would say he sold 100 copies at
most.
Probably this was the first time the guy was trying to sell a
product, and that is why he grossly overestimated the numbers.
I have been there myself. When I launched my first eBook I already
had a blog with 20,000 subscribers. The topic of the eBook was
appealing, and I had put a lot of work on it, so I figured that at
least 10% of my readers would buy it (i.e., 2000 people). Boy I was
wrong!
After 30 days or so I had sold only 200 copies. I was really
frustrated, but the whole experience taught me a good lesson:
selling is never easy, no matter what.
Practically speaking this means that you should aim to have a great
product, with great marketing, and possibly with a great audience
in place before you start selling. And even if you manage to get
all these 3 factors, remember that it will still be hard to
convince people to buy.
Again, selling is never easy. If it was, everybody would be rich!
Talk to you next week,
Daniel Scocco
http://www.dailyblogtips.com
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2972 Columbia St. Suite # 8161 - Torrance, CA 90503 - US
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