Why would you sell a product for only $10 each can you tell me one product that is sold at this low of price?I'll give an example:
Suppose you build a website where you sell your widget and you SEO it to #1 on your keyword
Your website gets 100 visitors per day.
You sell 2 widgets per day to those 100 visitors @ $10 each / gross profit per day = $20
You buy the widgets @ $5 each, so net profit per day = $10
If the Product only Cost $10 I don't think the pay per click will be .50 Cents especially if you choose to show up on the number 7-8 spots on google. With the fast lane you have Control if your read the end of the book where he talks about commandments, you can decide the price you'd like to charge, factor your marketing expenses into the product price because the odds are competitors will have the same marketing cost as you.
Choose a Larger Market, no point entering a market where #1 for your keyword gets 100 per day, if you focused and learned SEO and marketed and your company you should be getting more than 100 visitors per day. Your stuck in the frame of mind of an affiliate, I was there also, all the SEO guru's tell you to target long tell low competition keywords. If you spent a 1-2 Years SEOing your site and learning spending 5-6 hours a day on it, you could easily rank #1 for some high competition keywords.Suppose you build a website where you sell your widget and you SEO it to #1 on your keyword
Your website gets 100 visitors per day.
I assume most people here realize it, that's why we don't see everyone hopping into the door to door magazine subscription sales business.Am I the only one that realizes that certain niches / business models are just dead ends without exponential growth potential?
This is an irrelevant argument as timing is everything in entrepreneurship, you need to fill an unmet need in the market. Don't choose lead generation only because you see others made money with it. Choose a market that has not been commoditized, which lead generation has almost become. If your stuck on lead generation than innovate and find a new way to deliver higher quality, higher converting leads to consumers.But if he was to do it again TODAY, from scratch, with the current competition and advertising costs, I doubt he could make it.
I guarantee you could sell leads to real estate agents if you had appointments booked for the agents as most of the real estate lead generation companies are selling extremely low quality leads for high prices. These people have only searched for houses when captured.
Your way off on your estimates, in six months you should be ranking for high competition keywords if you spend enough time. If it's a low competition keyword it will only take a week or two after launching the website. I think your overestimating the complexity of SEO.I can't understand how can you achieve "explosive growth" with SEO, when it takes at least 6 months to rank for any given low-competition-keyword.
Read this article in the Wall Street Journal about SEO and stop focusing on SEO if that business model is saturated innovate a new business model.
Google Penalizes Overstock for Search Tactics - WSJ.com
You get to #1 and a journalist finds your page, and writes an article about your company on the homepage of inc, that's explosive growth, SEO is a marketing method and is not innovative, SEO is only part of a larger strategy.
Edit: Wanted to include that explosive growth is not about how you advertise and market, realize that SEO is a way of marketing your product, service or company. Explosive growth is about having a product that is able to scale using many different marketing techniques, not limiting yourself in the number you can produce. A single franchise is not explosive because you can't bring in 10,000 people a day its unexplosive. A internet Lead gen is only one example of explosive if the market is large enough with not enough competitors. I think MJ listed the business models as examples and most fast lane businesses use a variant of each of those models. Your taking Lead gen and the way MJ did lead Gen as the only way people do lead generation. This is incorrect.