A Broad Topic Independent Blogazine
1776.CLUB
I am So Glad You are Here!
1776.CLUB
I am So Glad You are Here!
A Broad Topic Independent Blogazine
-a-zine
-a-zine
Today, Mr. Neil Patel will teach you how to create a digital product that generates at least $100,000 a month.  The good news is, when you promote a digital product, you pretty much have something that has 100% profit margins.

So, when you're doing advertising, you're selling something. What're your costs? Pretty much nothin', it's just the hosting, after you create the product, of course. So, let's get started. The first step, what industry should you enter? And, I'm going to go quick through my training video, because there are so many slides I want to show you.

"I picked the digital marketing industry", says Neil.
Can you see what's wrong with the digital marketing industry? It was too late when I started. If I had chosen something like nutrition, I would'a sold so many more eBooks, so many more video courses. You see why it's so much more popular.  You go to Google, look for the Trends you searching for then, type in a niche, like flashlights, and you can see how popular something is.
How to create a digital product that generates at least $100,000 a month
Mr. Neil Patel
Alright, so first off, I can't emphasize this more than anything else, you must build something you can be proud of. It's longevity; you'll be happy when you create something that you can put your face on.

You know those affiliates that are like, "Oh yeah, I don't anyone knowing this is my company." Don't build a product if you can't tell people it's your company. If you can be proud of it and put your face on it, you're good to go. Alright, so here's a few lessons I learned. A customer should be able to finish your product within three months, but not quicker than one month.

When you have a digital product when they finish it before one month, what happens? Too many refunds. When it takes more than three months, what happens? They think it's too much work.

You guys can all relate to that. If you tell people it's too much work, are they going to do something? No, that's why affiliates don't start their own e-commerce companies, it's very rare, and the guys who I do, look at starting e-Commerce companies. It was funny, I met one guy who was selling this anti-aging cream, and he was crushing it on Facebook.

He was doing literally, over $4 million a month. He ran out of anti-aging cream. You know what he did? He went to Costco and filled up Neutrogena cream in his bottles, and I'm like, "Oh." He's like, "I gotta pay my Ferrari bills." It's sad, but it's quite funny at the same time.

So, another thing I learned, videos, and audio files, and worksheets have more value than text-based documents, so pay people to create these videos and audio files for you if you can't.

Then you have to figure out how much you should charge. In general, you don't want to charge less than a thousand bucks. A thousand dollars is a good starting point, because when you start charging a thousand dollars, you can end up generating quite a bit of cash from Facebook, and typically for every dollar you spend, if you stink at Facebook ads, you should be able to generate $2, so a dollar in profit.

The first thing is, is if you want people to buy from your site.  So, you have to collect emails. I go into a lead magnet or similar email capture programs.  I'm going to let you a little secret. Have you ever wondered how I get to a million visitors? I talk about how I use infographics, and I pay people pennies on the dollar for the infographics. And then I give you an overview of what you're going to get.  So, let's get started!
How to create a digital product that generates at least
$100,000 a month
Mr. Neil Patel
Today, Mr. Neil Patel will teach you how to create a digital product that generates at least $100,000 a month.  The good news is, when you promote a digital product, you pretty much have something that has 100% profit margins.

So, when you're doing advertising, you're selling something. What're your costs? Pretty much nothin', it's just the hosting, after you create the product, of course. So, let's get started. The first step, what industry should you enter? And, I'm going to go quick through my training video, because there are so many slides I want to show you.

"I picked the digital marketing industry", says Neil.
Can you see what's wrong with the digital marketing industry? It was too late when I started. If I had chosen something like nutrition, I would'a sold so many more eBooks, so many more video courses. You see why it's so much more popular.  You go to Google, look for the Trends you searching for then, type in a niche, like flashlights, and you can see how popular something is.

Alright, so first off, I can't emphasize this more than anything else, you must build something you can be proud of. It's longevity; you'll be happy when you create something that you can put your face on.

You know those affiliates that are like, "Oh yeah, I don't anyone knowing this is my company." Don't build a product if you can't tell people it's your company. If you can be proud of it and put your face on it, you're good to go. Alright, so here's a few lessons I learned. A customer should be able to finish your product within three months, but not quicker than one month.

When you have a digital product when they finish it before one month, what happens? Too many refunds. When it takes more than three months, what happens? They think it's too much work.

You guys can all relate to that. If you tell people it's too much work, are they going to do something? No, that's why affiliates don't start their own e-commerce companies, it's very rare, and the guys who I do, look at starting e-Commerce companies. It was funny, I met one guy who was selling this anti-aging cream, and he was crushing it on Facebook.

He was doing literally, over $4 million a month. He ran out of anti-aging cream. You know what he did? He went to Costco and filled up Neutrogena cream in his bottles, and I'm like, "Oh." He's like, "I gotta pay my Ferrari bills." It's sad, but it's quite funny at the same time.

So, another thing I learned, videos, and audio files, and worksheets have more value than text-based documents, so pay people to create these videos and audio files for you if you can't.

Then you have to figure out how much you should charge. In general, you don't want to charge less than a thousand bucks. A thousand dollars is a good starting point, because when you start charging a thousand dollars, you can end up generating quite a bit of cash from Facebook, and typically for every dollar you spend, if you stink at Facebook ads, you should be able to generate $2, so a dollar in profit.

The first thing is, is if you want people to buy from your site.  So, you have to collect emails. I go into a lead magnet or similar email capture programs.  I'm going to let you a little secret. Have you ever wondered how I get to a million visitors? I talk about how I use infographics, and I pay people pennies on the dollar for the infographics. And then I give you an overview of what you're going to get.  So, let's get started!