Stoopid Or Smart?

by | Feb 23, 2012 | information marketing, online business | 4 comments

Don’t you just HATE doing things over and over again and getting TINY results?
 
 Like a hamster on a wheel, it may start out fun…but after a while it gets damned exhausting!
 
Yet most people start their business exactly like that!
 
The franchise owner that must open his doors and pound his head against he wall for another day just to make ends meet. 
 
The online market that has to continually post new content to bring in less and less Adsense dollars or money from affiliate products
 
I call it being “Stoopid Smart!” 
 
They become really good (even experts) at operating Stupid Businesses…
 
What’s the opposite of “Stoopid…?”
 
Being “Smaaart” of course!
 
And, the key to being smart is “leverage” 
 
I just finished up a call with an InfoProduct Success Package customer that went something like this…
 
CALLER:  “Jeff, I am a 20-year consulting expert in relationship counselling…but I’m tired and trapped in my practice, I am looking to infoproducts as THE way out!”
 
ME:  “Too bad you waited 20-years! Within a few weeks we can have your knowledge packaged and begin to free you from your shackles…today is the start of a new life for you” 
 
When you create your own infoproduct (ebook, course, manual, membership site, etc…) – you create it ONCE and you leverage that product again and again WITHOUT using more and more energy.
 
You research an in-demand topic, you test it and then you package information that you know will sell, setup a “sticky” website and affiliate base — then you watch what leverage really means!
 
In our first year selling our very first ebook we saw more than $56,000 come in based entirely on OTHER people promoting our product day-after-day, night-after-night.
 
That’s not STOOPID…that’s Smaaart…right? 
 
Make sure you consider leverage as part of your business design and planning.
 
There is no more valuable use of your time my friend!
 
Thousands have started their leveraged infoproduct business using the InfoProduct Success Package system - for a limited time, you also get to access InfoMarketer’sZone for 30-days as a no cost bonus.  Visit Ultimate Information Entrepreneur’s Success Package  today and get started building your Smart Business.    

4 Comments

  1. Kyle Quinlan
    Kyle Quinlan on February 28, 2012 at 12:56 am

    This may not have anything to do with this post, but I came across a review of 1shoppingcart that told me to come here.
    I was thinking about using 1shoppingcart to set up an affiliate program for my membership site that will be using recurring payments. I was going to try to use Clickbank because they handle paying affiliates and managing all of that stuff which is intimidating to me. However, I don’t know if Clickbank will work with what I’m doing.
    Is it pretty tough to pay affiliates and manage all of the tax stuff? Do you know of a good way to outsource affiliate management and payments?
    I’m thinking that I will have a very large list of affiliates eventually and I don’t want to get in over my head with managing payments and all that.
    Looking forward to your response. Thanks!

    -Kyle

  2. jeff
    jeff on February 28, 2012 at 9:23 am

    Hey Kyle, yes we have a couple of review posts on 1ShoppingCart as we have used them for most of our infoproduct shoppingcart, ad tracking and affiliate management function (The version we use is this one – Have to say though we don’t use them for our recurring billing sites since our Membership software does the affiliate tracking on those sites. However, in both cases we do still pay out hundreds of affiliates each month – 99% of which are paid via Paypal electronically.

    In terms of options, you really have three major categories:
    1. Full service payment processors with integrated affiliate management – like Clickbank.
    2. Affiliate management managers like Commission Junction, Linkshare, etc… these guys are quite expensive though
    3. Outsource affiliate payment processors like webmasterchecks.com (as one of many examples) where you send them a .csv file of your affiliate payouts (exported from 1Shoppingcart for example) and they take care of paying for you…for that they charge $1-$3 per payment

    I would recommend you start with doing it yourself using a product like 1ShoppingCart and then if you find it becoming unmanageable, you can move to either #2 or #3. I never liked giving full control of anything related to payments to anyone on recurring payment products (let’s say you have 1000 members that have given you their credit card and you are billing each month and then one of these 3rd party sites disappears or changes their terms of service, you are screwed! How do you get all of those people to sign up again?

    Hope that helps, let me know if you have any other questions.

    Jeff

  3. Kyle Quinlan
    Kyle Quinlan on February 28, 2012 at 1:03 pm

    Thanks for the quick response Jeff.

    I agree with you about it being a little risky to go with a company such as Clickbank. For that reason I think I’m going to try 1shoppingcart and use the process that you lay out. Hopefully the learning curve isn’t too rough.

    Thanks again. Take care!

    -Kyle

  4. jeff
    jeff on February 28, 2012 at 1:30 pm

    @Kyle Quinlan: Thnk you will be happy with that for sure. If you use the link above, you can try them for a month at no charge and I would be happy to help you as you setup and get things running (their support is your first stop – and it is very good, but if there are extra questions you have on how we have setup ours, would be happy to help) Full disclosure of course, the above link is an affiliate link, but many people like having the extra channel to ask questions or advice.

    Jeff

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