Archive for the ‘ What's Working Now ’ Category

building the bridge to success 300x225 Whats Working Now: Prosperity Marketing System Four Week Test Final Results

On January 22, 2010 I wrote a post which provided an overview and week one results for a test I have been running on the Prosperity Marketing System. You can read that post including my financial results after the first week here: Week One PMS Test

My objective was to prove that anyone who took action and followed the simple system I have established could successfully promote this self-funded proposal system to enroll new members into the primary program of their choice and monetize a percentage of their prospects even if they did not enroll in the business opportunity. The key is that I did not undertake any special measures in marketing the system, such as PPC, ezines, article writing, video marketing, or any other paid advertising other than on traffic exchanges.

To recap here is were the elements of the system I used during the test:

1.) Your Prosperity Marketing System:

http://YourProsperityMarketingSystem.com

2.) The Method I Used to Drive Traffic:

http://askjamesholmes.com/optimumtrafficformulamodule1.pdf

3.) The Primary Program I Promoted:

http://askjamesholmes.com/gvo

I wanted to conclude the test by sharing my final results after approximately four weeks as I wanted to conclude this phase of my promotion of this system test with the first months full commissions. I wanted to ensure that the commissions that I reported where actually paid in full and that there were no pending charge backs from cancellations.

Here are the final numbers:

Total Test Period Gross Income $588.37

Income Breakdown
1.) Student Tuition Upgrades (one-time) $194.40
2.) Owner Upgrade Commissions (monthly) $  39.94
3.) Enrollments and Residuals into GVO $354.03
System Costs

1.) System Student Tuition (one-time fee) $27.00
2.) System Owner Upgrade (monthly) $19.97
3.) GVO Monthly Service $44.95

Total Cost for the month = $91.92

Net Profit for the Month = $496.45

My test with very limited marketing effort produced a meaningful profit and helped to place me #14 on the leader board in GVO for the month of January.  In addition, I converted web surfers into team members or students in the training system adding them to my list. The logical extension of this test would likely yield similar results thereby doubling the income without any additional monthly expenses (the total from month two on will be $64.92) in the second month as the cost are fixed.

In order to remain complient with FTC reguations, the income figures that I am sharing here are my results based on the specific actions I took to promote this program. In should be clearly understood that your results may vary and be higher or lower based on your conversions rates and other factors.

I highly recommend the Prosperity Marketing System as a turnkey funded proposal that you can use to market any income program of your choice. My test results were better when promoting a low entry program in the fifty dollar range. These results are consistent with the philosophy I teach, which states that you should monitize your marketing funnel so that you promotions are self-funded.

My intention would be to re-invest the profits from this system each month in order to maximize the growth in both programs throughout the year using paid advertising methods with moderate cost. I consider this a best practice although you may decide to take your profits as income, which is perfectly fine.

Be sure to leave a comment and let me know if you have had success with a self-funded proposal system in your business.

I am here to help you succeed!

230f7838ce3cae0635c29260bef6affc1 Whats Working Now: Results of Week One Prosperity Marketing System Test

(c) Copyright 2008-2010 James A. Holmes. All Rights Reserved.

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James Holmes, Global Team Builder, Coach and Trainer, combining online and offline techniques to help you grow your business. To request a free 30 minute consultation contact James by phone at 303-523-9503 or email at james@AskJamesHolmes.com

Note: I am a Affiliate Marketer and it should be assumed that links provided within the content of this blog and individual blog post are affiliate links from which I may be compensated for sales made at the recommended sites. All products and service recommendations are made as a result of my personal experience with the product or service provider.

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Note: If you’d like to reprint this article on your blog or in your newsletter you have permission to do so as long as the copyright information and the resource box above remains with the article.

building the bridge to success 300x225 Whats Working Now: Results of Week One Prosperity Marketing System Test

I am starting a new series of post that will appear weekly on my blog under the heading (and tagged) ‘What’s Working Now’ and it will be documented results of what I am testing in my business and what type of results I have recorded. I am constantly testing new tools, new marketing methods, and resources in an ongoing effort to make my business more efficient and profitable. I am not going to share the failures, there are always little experiments that do not work out, but I am not a product reviewer and it is not my intention to provide you with product reviews.

I am only interested in sharing with you what is working, the experiments that produced positive results. There will be times when I am testing a resource that requires an extended testing period and therefore the results may not be known for a while, but I may be compelled to share the progress I am making anyway. I may also share with you what I am considering testing next, but those post will not carry the ‘whats working now’ tag.

So, here is my first report to you. I have been running a test over the past 8 days to see how my web traffic was converting to upgrades and eventual sign-ups into one of my primary programs using the “Prosperity Marketing System.”

It will be helpful for you to read my previous post to see exactly how I set this system up. In the past 8 days I have had four “tour takers” convert into “students” and two convert into “owners” and eight automated enrollments into my business.

Here is a financial breakdown of my little test:

My Cost

1.) System Student Tuition (one-time fee) $27.00

2.) System Owner Upgrade (monthly) $19.97

Total Cost for the month $46.97

My Income

1.) Student Tuition Upgrades (one-time) $97.20

*** It pays you $24.30 on $27.00 Tuition

2.) Owner Upgrade Fees (monthly) $19.96

*** It pays you $9.98 (monthly)

3.) Enrollments into GVO $176.00

Total Income for the Week + $293.16

Less Start-Up Expense     –   $46.97

Net Profit for the week = $246.19

Not a bad rate of return for one week and the best part is that the only ongoing expense is the monthly subscription, which is more than covered by my residual subscribers commissions, so on a net basis this is now a cash-flow positive marketing channel for me. The revenue from this funnel will increase as more prospect enter into the funnel, upgrade, subscribe and enroll into GVO – at this point having a self-funded proposal with a current run rate of $12,801 annually will allow me to make some interesting choices of how to leverage these profits into additional marketing methods to leverage even greater results.

Here is the lesson: One key to success online is to establish reoccurring streams of automated income using marketing funnels that produce income streams that you can reinvest into additional marketing resource to greatly influence your personal income. The point here is not to get excited about a a couple of thousand dollars in monthly income, but what that income represents to an eventual six figure income. In addition, this system can be duplicated 100%, so that you can share this with others in your business and help them succeed.

Remember that this method can be used to build any type of online business you choose. In case you need them here are the links to the resources you will need to duplicate my test, I have provided everything that I used to produce my results.

1.) Your Prosperity Marketing System:http://YourProsperityMarketingSystem.com

2.) The Method I Used to Drive Traffic:http://askjamesholmes.com/optimumtrafficformulamodule1.pdf

3.) The Primary Program I Promoted:http://askjamesholmes.com/gvo

Note: I have begun a new test of this system using an automated email marketing system that is sending 100,000 emails to double opt in opportunity seekers per month and sends then 15 pre-written auto-responder messages, that is 1.5 million messages per month – wow!

I will report back on my results of that test for you next week and if you are curious to see what I am using take a look here: Viral Mail Prospector

If you decide to take action on the methods that I am sharing with you here, be sure to provide me with your feedback, I would love to hear about your results. Now, with respect to the FTC Rules related to the results that I have shared here, keep in mind that they are my results and your results may be better or worse depending on a number of factors. There are no ‘typical’ results as the bundling together of this set of programs is something I have done and as indicated, I have been running this test for a short period of time.

Remember, I am here to help you succeed!

230f7838ce3cae0635c29260bef6affc1 Whats Working Now: Results of Week One Prosperity Marketing System Test

(c) Copyright 2008-2009 James A. Holmes. All Rights Reserved.

*************************

James Holmes, Global Team Builder, Coach and Trainer, combining online and offline techniques to help you grow your business. To request a free 30 minute consultation contact James by phone at 303-523-9503 or email at james@AskJamesHolmes.com

Note: I am a Affiliate Marketer and it should be assumed that links provided within the content of this blog and individual blog post are affiliate links from which I may be compensated for sales made at the recommended sites. All products and service recommendations are made as a result of my personal experience with the product or service provider.

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Note: If you’d like to reprint this article on your blog or in your newsletter you have permission to do so as long as the copyright information and the resource box above remains with the article.

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