A Day in the Life of JonnyQ888

A Day in the Life of JonnyQ888

Tuesday, October 26, 2010

Journey to $300/Day - Day 1

October 25, 2010

I woke up angry this morning...

Not really but there have been mornings where I have woken up angry - and it's happening more and more often.

I'm tired of the way things are going. I'm apart from my girlfriend while she's at law school. I HATE my job. My duplex sucks and is killing my finances, slowly and methodically. My faithful and reliable Ford Contour is going on 13 years old and the age is starting to show. My business seems to keep hitting roadblocks.

In essense, I'm not too happy about how things are right now.

I'm a firm believer that in order to have the right to complain about something, you have to first be DOING something about it.

Don't complain about being fat if you don't go to the gym.

So here is what I'm doing... I'm going to make an average of $300 profit/day by December 31, 2010.

Bold - I know but...

Fortune favors the bold so that is the only way that I can go.

Going all out is the only thing that is going to turn things around for me.

So, before you can get to where you're going, you need to know where you are currently.

Here is the assessment of The Business.

Market #1 - This is my main site that currently has 3 Clickbank products.
Last month was an awesome month for this market. I don't have the numbers in front of me right now but it was the best month in a year or two.

What's made the difference? I emailed my list more and I achieved #3 and #5 rankings for big keywords.

I went from emailing my list maybe twice per week (and not every week) on top of my autoresponder sequence to mailing them 3 times per week (every week, without fail) on top of the autoresponder sequence. That alone took me from regularly having $0 income days from this site to regularly hitting $100+ gross days.

Where to go with this market: I'll continue to hit the list with 3 broadcasts per week. I need to do more testing to increase my opt-ins from organic traffic. I will also shift the site over to Wordpress to take advantage of it's awesome benefits. I will also create video salesletters for the two remaining products.

The video salesletter for the first product took it's conversion rate from sub-0.5% to 2%+.

Finally, I will continue the SEO work that helped generate the rankings.

I believe that this market can pull $50+ profit/day.

Market #2 - This is my second big site. It's in the relationship market and I do have a product here that converts well. Problem is that I'm having trouble generating traffic.

Knowing how big other people's Clickbank products are in this niche, I know that this one can pull $100+ profit/day. I just need the traffic.

Where to go with this market: I need affiliates. I'll also continue to post 4 videos per week on YouTube. I will also make a more concerted effort to use paid traffic such as media buying rather than simply using PPC.

Market #3 - This isn't really a market but a return to an old area of the Business - CPA offers. I like CPA offers, always have. I've just been dissuaded from doing them since running into the cashflow issues back at the end of '08 and throughout '09.

Things are different this time. I've learned A LOT from my last serious attempt at CPA offers. From past experience, I know that CPA offers are the fastest method of income that I've been able to get working. I just need to be sure to avoid the cashflow problems I had last time (caused mostly by Yahoo's crazy payment system) and need to test landing pages relentlessly after finding a campaign that converts.

Last week, I launched 37 CPA campaigns. So far, 4 of those have converted. Over the weekend, I created landing pages for 3 of those offers. The landing page for the 4th is coming tonight. Now that I have 4 campaigns to focus on, I need to drive ridiculous amounts of traffic to each one.

Where to go with this area: I have to keep launching test campaigns and be very diligent in testing landing pages. I need to be ruthless in killing campaigns that don't convert within 2-3x the payout. I also need to find a good designer who can pump out landing pages quickly and at a good price.

CPA offers are going to be the biggest source of income to bring me to $300/day by year's end. It doesn't take much as far as the number of converting campaigns go. However, it does take a lot of testing to find the campaigns that actually bring in the money.

Finally, I need to keep myself accountable. This means posting about my progress on this journey. This should be interesting to say the least.

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