What's new

Lex's Digital/Physical Product Group Accountability Thread

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Live your best life.

Tired of paying for dead communities hosted by absent gurus who don't have time for you?

Imagine having a multi-millionaire mentor by your side EVERY. SINGLE. DAY. Since 2007, MJ DeMarco has been a cornerstone of Fastlane, actively contributing on over 99% of days—99.92% to be exact! With more than 39,000 game-changing posts, he's dedicated to helping entrepreneurs achieve their freedom. Join a thriving community of over 90,000 members and access a vast library of over 1,000,000 posts from entrepreneurs around the globe.

Forum membership removes this block.
<div class="bbWrapper"><blockquote data-attributes="member: 135027" data-quote="KJFast" data-source="post: 1109554" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1109554" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1109554">KJFast said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> How come you stopped the original one? And good to see you’re moving forward with digital products still.<br /> <br /> I’ll keep sharing progress! Things are “tough” because I am doing everything off an iphone but soon I will get my laptop from my mums house to my dads along with an iPad to make things faster.<br /> <br /> I’m going to test products out on marketplace sites (like etsy) because I have little money. A couple proven sales and reviews for the product(s) I make will provide all the funds I need. I’m not the best at websites but I have a good connection with a website developer who I can hire affordably. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>I let religion get in the way. Doesn&#039;t matter though. I could lose every dime I have, and I&#039;d build it all again.<br /> <br /> Once you have proven systems, then you can rebuild anytime you want. You just choose a system, start building it, and turn on the sales machine asap. If it&#039;s a dud, do another one and try again.<br /> <br /> Etsy is good for starters. Get 30+ products live and turn on Etsy ads. There&#039;s a good chance you&#039;ll start earning sales. Once you have sales, increase your ad spend and get more targeted with the product you run ads for. <br /> <br /> You don&#039;t need a website for now. <br /> <br /> Some people build their entire business on Etsy. I don&#039;t recommend doing that in the long run, but it&#039;s a great way to test the waters in the beginning.</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 13831" data-quote="Lex DeVille" data-source="post: 1109563" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1109563" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1109563">Lex DeVille said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> You don&#039;t need a website for now.<br /> <br /> Some people build their entire business on Etsy. I don&#039;t recommend doing that in the long run, but it&#039;s a great way to test the waters in the beginning. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>Smart.<br /> <br /> And you&#039;re doing the same selling a course on Udemy.<br /> <br /> Many wouldn&#039;t start, citing the commandment of control.</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 13831" data-quote="Lex DeVille" data-source="post: 1109563" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1109563" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1109563">Lex DeVille said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> I let religion get in the way. Doesn&#039;t matter though. I could lose every dime I have, and I&#039;d build it all again.<br /> <br /> Once you have proven systems, then you can rebuild anytime you want. You just choose a system, start building it, and turn on the sales machine asap. If it&#039;s a dud, do another one and try again.<br /> <br /> Etsy is good for starters. Get 30+ products live and turn on Etsy ads. There&#039;s a good chance you&#039;ll start earning sales. Once you have sales, increase your ad spend and get more targeted with the product you run ads for.<br /> <br /> You don&#039;t need a website for now.<br /> <br /> Some people build their entire business on Etsy. I don&#039;t recommend doing that in the long run, but it&#039;s a great way to test the waters in the beginning. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>Brilliant! Writing this down now into my notes for this biz. I’ll keep you all updated how progress is moving! Today I’m going to work on my current biz and not sure if I’ll have time this weekend but on Monday I can hop straight onto it! Will have my laptop (and possibly ipad) here then too.</div>
 
<div class="bbWrapper">I&#039;m working on a new idea to test out - similar to your t-shirt product idea Lex. It has to do with artwork, which will be available via digital download and also through a print on-demand service like Printify integrated in Wordpress. <br /> <br /> Question for you Lex, have you made a product available as both a digital download AND a POD on the same e-com site? I&#039;m debating on whether to start out with just Easy Digital Downloads plugin, and then later integrate a POD solution, or if I should set up both from the start to see which one works better. And if both, how to structure the e-com side of things so that I can offer both. It looks like EDD doesn&#039;t require Woocommerce, but if I set up a POD solution, I&#039;ll need Woo.</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 46719" data-quote="Ludachris" data-source="post: 1109676" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1109676" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1109676">Ludachris said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> I&#039;m working on a new idea to test out - similar to your t-shirt product idea Lex. It has to do with artwork, which will be available via digital download and also through a print on-demand service like Printify integrated in Wordpress.<br /> <br /> Question for you Lex, have you made a product available as both a digital download AND a POD on the same e-com site? I&#039;m debating on whether to start out with just Easy Digital Downloads plugin, and then later integrate a POD solution, or if I should set up both from the start to see which one works better. And if both, how to structure the e-com side of things so that I can offer both. It looks like EDD doesn&#039;t require Woocommerce, but if I set up a POD solution, I&#039;ll need Woo. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>Why do you need EDD at all? WooCommerce can deliver digital downloads. EDD may have more options, but the free version of WC can handle them fine. Then you would only need WC and wouldn&#039;t have to deal with EDD.</div>
 
<div class="bbWrapper"><b>Updates<br /> <br /> Site 1: </b>Had a few inquiries that might turn into sales, but mostly quiet. I&#039;m still surprised by the number of people reaching the site organically. I&#039;m also still getting clicks from ads even though the budget is set to .01.<br /> <br /> <b>Site 2: </b>I set up my personal brand website since I had a few coaching inquiries. Not sure what I&#039;ll do with this, but may put courses on it.<br /> <br /> <b>Site 3: </b>I reverted to an idea I had before relocating. It&#039;s a quiz site where I&#039;ll run ads to niche quizzes. The site isn&#039;t monetized. It&#039;s an affiliate site masquerading as a quiz site. The way I envision is like this... I find a topic with a lot of Google searches but not a lot of competition. For example...<br /> <br /> <a href="https://www.thefastlaneforum.com/community/attachments/1708694114400-webp.54421/" target="_blank"><img src="https://www.thefastlaneforum.com/community/data/attachments/51/51037-74b59da2bdda87534cf7405ad8d1d03c.jpg?hash=y2DobtXHSq" class="bbImage " style="" alt="1708694114400.png" title="1708694114400.png" width="1007" height="200" loading="lazy" /></a><br /> <br /> Now, I create a quiz such as, &quot;Which tiny house is right for you?&quot; I run ads to the people who are searching for that. They click and take the quiz. At the end of the quiz, they get a result. Somewhere on the page is one or more affiliate offers.<br /> <br /> <b>Offer 1: </b>Want to purchase this tiny house? Click here to get started...<br /> <b>Offer 2: </b>Want to learn more about buying tiny homes? Try this course...<br /> <br /> I also set up a &quot;Sponsor a Quiz&quot; page for businesses who want to advertise their products but who may not have affiliate offers. They&#039;ll be able to purchase a custom quiz that leads only to their specific products.<br /> <br /> Later, I can monetize with my own courses or other products.<br /> <br /> If I can get it off the ground, there will be endless opportunities to promote niche products. Plus, as a quiz site, it has potential viral appeal.<br /> <br /> A key challenge in the beginning is that I&#039;ll probably spend money on ads without seeing a return until the site has enough regular traffic. I&#039;ll try to offset this by building an email list of people who want to take new quizzes as they roll out.</div>
 
Last edited:
<div class="bbWrapper"><b>Site 1:</b><br /> Made another $100 in sales from two customers. A potential customer reached out with questions, but hasn&#039;t completed their purchase yet. A 4th started into a $100 purchase but hasn&#039;t completed it yet.<br /> <br /> The site recovered its initial ads investment, <b>and is now passively profitable by $146 with $29 recurring. </b><br /> <br /> It is doing much better than expected considering the lack of ads. I&#039;ll do some analysis this week to see how people are finding me, and how I can improve the results.<br /> <br /> <b>Site 3:</b><br /> The site is built and the quiz function is mostly fleshed out. There are only 3 quizzes right now. I&#039;m working slowly to make sure everything functions well. I added 3 relevant affiliate products just beneath the quiz results. I&#039;m starting with Amazon affiliate products because that&#039;s what I&#039;m already set up for, but later I&#039;ll move to better affiliate programs and mix in my own products/merch/courses etc. I&#039;m not turning ads on for this one until I have 30 quizzes published so there&#039;s enough content to keep people engaged.</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 13831" data-quote="Lex DeVille" data-source="post: 1109841" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1109841" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1109841">Lex DeVille said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> <b>Updates<br /> <br /> Site 1: </b>Had a few inquiries that might turn into sales, but mostly quiet. I&#039;m still surprised by the number of people reaching the site organically. I&#039;m also still getting clicks from ads even though the budget is set to .01.<br /> <br /> <b>Site 2: </b>I set up my personal brand website since I had a few coaching inquiries. Not sure what I&#039;ll do with this, but may put courses on it.<br /> <br /> <b>Site 3: </b>I reverted to an idea I had before relocating. It&#039;s a quiz site where I&#039;ll run ads to niche quizzes. The site isn&#039;t monetized. It&#039;s an affiliate site masquerading as a quiz site. The way I envision is like this... I find a topic with a lot of Google searches but not a lot of competition. For example...<br /> <br /> <a href="https://www.thefastlaneforum.com/community/attachments/54421/" target="_blank">View attachment 54421</a><br /> <br /> Now, I create a quiz such as, &quot;Which tiny house is right for you?&quot; I run ads to the people who are searching for that. They click and take the quiz. At the end of the quiz, they get a result. Somewhere on the page is one or more affiliate offers.<br /> <br /> <b>Offer 1: </b>Want to purchase this tiny house? Click here to get started...<br /> <b>Offer 2: </b>Want to learn more about buying tiny homes? Try this course...<br /> <br /> I also set up a &quot;Sponsor a Quiz&quot; page for businesses who want to advertise their products but who may not have affiliate offers. They&#039;ll be able to purchase a custom quiz that leads only to their specific products.<br /> <br /> Later, I can monetize with my own courses or other products.<br /> <br /> If I can get it off the ground, there will be endless opportunities to promote niche products. Plus, as a quiz site, it has potential viral appeal.<br /> <br /> A key challenge in the beginning is that I&#039;ll probably spend money on ads without seeing a return until the site has enough regular traffic. I&#039;ll try to offset this by building an email list of people who want to take new quizzes as they roll out. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>Funny, I’m looking into a tiny house for a future/current living solution though may opt for “house-hacking” shorter term instead</div>
 
<div class="bbWrapper">Everything’s really clicked in my mind, my #1 priority at the moment is getting this biz up. Getting my laptop on Tuesday myself because an unreliable person didn’t bring it for me. Then will start immediately and report back.</div>
 
<div class="bbWrapper"><b>Site 1: </b>Sales are seeing a slight uptick. Three within the last day. I&#039;ll put most of my focus this week into Site 1 and work on the quiz site as time permits. Based on what I&#039;m seeing, there are some actions I can take to increase sales.<br /> <br /> - Review SEO and ensure the site is optimized<br /> - Review all pages for flow and function<br /> - Add FOMO plugin for social proof <br /> - Add abandoned cart email series<br /> - Add new products<br /> - Add a few blog articles<br /> <br /> If I see a few more sales, I&#039;ll go ahead and invest in an email marketing service to create automations. Currently, I&#039;m only collecting emails through a contact form integrated with Google Sheets.<br /> <br /> Overall, good signs. <br /> <br /> Maybe Site 1 wasn&#039;t a dud after all. I still think it&#039;s probably too niche, but with a bit of elbow grease it might turn into a sustainable full-time income. So far, I haven&#039;t had any issues with chargebacks, but time will tell on that one.</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 43855" data-quote="jarvisdiego" data-source="post: 1108575" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1108575" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1108575">jarvisdiego said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> oh wow, I guess my store got suspended.<br /> <br /> Interesting because I provided all my info and have added the policy pages as well.<br /> <br /> I can&#039;t log in to it, then I reached out to support and said they were going to get back to me and got this email...<br /> <br /> <br /> <a href="https://www.thefastlaneforum.com/community/attachments/54213/" target="_blank">View attachment 54213</a> </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote><br /> UPDATE: I still can&#039;t recover this store.<br /> <br /> <b>New Product:</b><br /> <br /> Have launched new site with new digital product just now. It&#039;s a spreadsheet template. I set a price of $97. It took me about 1-2 hours to create. Let&#039;s see how it performs.</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 43855" data-quote="jarvisdiego" data-source="post: 1110304" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1110304" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1110304">jarvisdiego said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> UPDATE: I still can&#039;t recover this store.<br /> <br /> <b>New Product:</b><br /> <br /> Have launched new site with new digital product just now. It&#039;s a spreadsheet template. I set a price of $97. It took me about 1-2 hours to create. Let&#039;s see how it performs. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>I’m interested to see if people really pay £97 for a spreadsheet template!! I’ll have access to my desktop today/tomorrow so going to make the best of it and take my laptop to my dads house.</div>
 
<div class="bbWrapper">Subscribed to FOMO on the $25.00 plan. Made back most of it the same day with a $19 sale. Made a $78 sale overnight. The $19 sale came from someone I emailed after they failed to complete checkout. <br /> <br /> I&#039;m close to crossing $500 for the first month.<br /> <br /> One of the sales came from a foreign country. I don&#039;t advertise in foreign countries normally, but might give it a shot since it&#039;s usually inexpensive.<br /> <br /> <b>Email Automation</b><br /> Depending on how the next two days go, I&#039;ll probably go ahead and invest in an email marketing service for February. Right now, I&#039;m considering MailerLite, ActiveCampaign, and GroundHogg.io. <br /> <br /> ML is the cheapest of the three, but I don&#039;t know if it will integrate with all of my systems. <br /> <br /> I have the most experience with AC, but don&#039;t like that it&#039;s $70/mo unless I pay annually. <br /> <br /> GroundHogg.io is the best AC alternative, but requires an annual payment. The benefit of GroundHogg is it&#039;s an annual flat rate for unlimited subscribers. That&#039;s a big benefit considering AC goes from $49/mo to $99/mo if you cross 1,000 subscribers and goes up and up depending on how many subscribers you have. Personally, I think that&#039;s shit and it&#039;s one of the main reasons I ditched them to begin with.<br /> <br /> I&#039;ll probably set up GroundHogg on a trial run this week. It&#039;s $600 annually, but if the trial goes well, it will be worth it.</div>
 
<div class="bbWrapper">Struggling slightly to find a product, been searching etsy and fiverr but haven&#039;t found anything. Going to keep looking for the next 3/4h and days until I find something I think is doable.<br /> I have found one thing but it would lack control; though may start on it this week and set that biz up. Would rather find a typical digital product I can sell through my own site eventually with google ads.</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 13831" data-quote="Lex DeVille" data-source="post: 1110450" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1110450" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1110450">Lex DeVille said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> <b>Email Automation</b><br /> Depending on how the next two days go, I&#039;ll probably go ahead and invest in an email marketing service for February. Right now, I&#039;m considering MailerLite, ActiveCampaign, and GroundHogg.io.<br /> <br /> ML is the cheapest of the three, but I don&#039;t know if it will integrate with all of my systems.<br /> <br /> I have the most experience with AC, but don&#039;t like that it&#039;s $70/mo unless I pay annually.<br /> <br /> GroundHogg.io is the best AC alternative, but requires an annual payment. The benefit of GroundHogg is it&#039;s an annual flat rate for unlimited subscribers. That&#039;s a big benefit considering AC goes from $49/mo to $99/mo if you cross 1,000 subscribers and goes up and up depending on how many subscribers you have. Personally, I think that&#039;s shit and it&#039;s one of the main reasons I ditched them to begin with.<br /> <br /> I&#039;ll probably set up GroundHogg on a trial run this week. It&#039;s $600 annually, but if the trial goes well, it will be worth it. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote><br /> FluentCRM is another decent WordPress-hosted email marketing solution if you&#039;re still in the research phase: <a href="https://fluentcrm.com/" target="_blank" class="link link--external" rel="noopener">Marketing Automation For WordPress - FluentCRM</a><br /> <br /> I haven&#039;t used them personally, but <a href="https://sendy.co/" target="_blank" class="link link--external" rel="noopener">Sendy</a> and <a href="https://www.mautic.org/" target="_blank" class="link link--external" rel="noopener">Mautic</a> are two other self-hosted options that might be worth a look. <br /> <br /> FYI, you&#039;ll need to set up an SMTP service alongside any of these options (SMTP2GO, Amazon SES, Mailgun etc.) for actually sending the emails. <br /> <br /> Self-hosting generally works out much cheaper than any full-service platform once you hit a decent number of subs - or if you send emails regularly - but there <b>is</b> a bit more work involved to get it all firing correctly.<br /> <br /> <blockquote data-attributes="member: 13831" data-quote="Lex DeVille" data-source="post: 1110450" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1110450" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1110450">Lex DeVille said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> Subscribed to FOMO on the $25.00 plan. Made back most of it the same day with a $19 sale. Made a $78 sale overnight. The $19 sale came from someone I emailed after they failed to complete checkout.<br /> <br /> I&#039;m close to crossing $500 for the first month. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote><br /> Well done! Great to see it <img src="/community/imgs/emoticons/em-smile2.png" class="smilie" loading="lazy" alt=":)" title="Smile :)" data-shortname=":)" /></div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 13831" data-quote="Lex DeVille" data-source="post: 1110450" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1110450" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1110450">Lex DeVille said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> Subscribed to FOMO on the $25.00 plan. Made back most of it the same day with a $19 sale. Made a $78 sale overnight. The $19 sale came from someone I emailed after they failed to complete checkout.<br /> <br /> I&#039;m close to crossing $500 for the first month.<br /> <br /> One of the sales came from a foreign country. I don&#039;t advertise in foreign countries normally, but might give it a shot since it&#039;s usually inexpensive.<br /> <br /> <b>Email Automation</b><br /> Depending on how the next two days go, I&#039;ll probably go ahead and invest in an email marketing service for February. Right now, I&#039;m considering MailerLite, ActiveCampaign, and GroundHogg.io.<br /> <br /> ML is the cheapest of the three, but I don&#039;t know if it will integrate with all of my systems.<br /> <br /> I have the most experience with AC, but don&#039;t like that it&#039;s $70/mo unless I pay annually.<br /> <br /> GroundHogg.io is the best AC alternative, but requires an annual payment. The benefit of GroundHogg is it&#039;s an annual flat rate for unlimited subscribers. That&#039;s a big benefit considering AC goes from $49/mo to $99/mo if you cross 1,000 subscribers and goes up and up depending on how many subscribers you have. Personally, I think that&#039;s shit and it&#039;s one of the main reasons I ditched them to begin with.<br /> <br /> I&#039;ll probably set up GroundHogg on a trial run this week. It&#039;s $600 annually, but if the trial goes well, it will be worth it. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>Well done.<br /> <br /> FOMO is a great name for a product or company. What is it btw?</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 23590" data-quote="Andy Black" data-source="post: 1110487" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1110487" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1110487">Andy Black said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> Well done.<br /> <br /> FOMO is a great name for a product or company. What is it btw? </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>It displays little pop-up boxes in the corner of your website that says stuff like, &quot;John Smith from Texas just purchased new shoes 5 minutes ago&quot; or &quot;Beth J. just joined Space Rocket Newsletter 1 minute ago.&quot;<br /> <br /> It has other features, too but that&#039;s the main one. The little pop-ups are clickable links too, so if the user clicks it (and they do) they go straight to the product.<br /> <br /> The pop-ups can be triggered by people starting checkout, viewing pages, purchasing stuff, joining newsletters, etc.<br /> <br /> <div class="bbCodeBlock bbCodeBlock--unfurl is-pending is-recrawl js-unfurl fauxBlockLink" data-unfurl="true" data-result-id="410840" data-url="https://fomo.com/" data-host="fomo.com" data-pending="true"> <div class="contentRow"> <div class="contentRow-figure contentRow-figure--fixedSmall js-unfurl-figure"> <img src="/community/proxy.php?image=https%3A%2F%2Fs3.amazonaws.com%2Ffomo-static-assets%2Fog%2Ffomo-social-proof-homepage-og.jpg&amp;hash=ea3ba5645a27847477ce70f1411826bd&amp;return_error=1" loading="lazy" alt="fomo.com" class="bbCodeBlockUnfurl-image" data-onerror="hide-parent"/> </div> <div class="contentRow-main"> <h3 class="contentRow-header js-unfurl-title"> <a href="https://fomo.com/" class="link link--external fauxBlockLink-blockLink" target="_blank" rel="nofollow ugc noopener" data-proxy-href=""> Fomo | Social Proof Marketing Platform </a> </h3> <div class="contentRow-snippet js-unfurl-desc">Fomo is the world&#039;s first social proof marketing platform.</div> <div class="contentRow-minor contentRow-minor--hideLinks"> <span class="js-unfurl-favicon"> <img src="/community/proxy.php?image=https%3A%2F%2Ffomo.com%2Fassets%2Flanding%2Ffavicons%2Ffavicon-32x32-7af672cf7945edcd29996592e6bcbe7a20bb8885d86e9cf6898ce114b1846a81.png&amp;hash=5cd137f6c20401ee8e69a03a442f01e4&amp;return_error=1" loading="lazy" alt="fomo.com" class="bbCodeBlockUnfurl-icon" data-onerror="hide-parent"/> </span> fomo.com </div> </div> </div> </div></div>
 
<div class="bbWrapper">Okay just gonna say F*ck it and go ahead with one idea I have accumulated today. Let&#039;s see how it goes, I&#039;ll document progress here. Got to secure the funds to start as I have little money but should get them soon!</div>
 
<div class="bbWrapper">I&#039;ve been trying to update my products on woocommerce but the update button hasn&#039;t been working. I&#039;ve been reasearching how to to fix it but nothing is working. If anyone can help me I would really appreciate it.</div>
 
<div class="bbWrapper">Lex, I would really appreciate if you could explain one detail from the process you described in your previous digital product thread that you used to find product ideas. I can&#039;t figure out this one thing.<br /> <br /> To find an idea for a product, you browsed on the marketplaces and tried to find products with already proven sales that you knew could be made better and more niche. Now here&#039;s the part I can&#039;t figure out. How do you find out whether that specific niche you want to make a variation of the product for will actually need it?</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 116731" data-quote="kr8nt" data-source="post: 1110593" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1110593" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1110593">kr8nt said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> Lex, I would really appreciate if you could explain one detail from the process you described in your previous digital product thread that you used to find product ideas. I can&#039;t figure out this one thing.<br /> <br /> To find an idea for a product, you browsed on the marketplaces and tried to find products with already proven sales that you knew could be made better and more niche. Now here&#039;s the part I can&#039;t figure out. How do you find out whether that specific niche you want to make a variation of the product for will actually need it? </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>From what I gathered use google keywords bro</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 135027" data-quote="KJFast" data-source="post: 1110625" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1110625" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1110625">KJFast said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> From what I gathered use google keywords bro </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>Thank you! Somehow completely forgot the keywords tool exists</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 116731" data-quote="kr8nt" data-source="post: 1110593" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1110593" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1110593">kr8nt said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> How do you find out whether that specific niche you want to make a variation of the product for will actually need it? </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote><br /> If people buy the product on Etsy, then the *need* part is already determined. What you have to figure out is if the niche is <b>large enough</b> to not only earn sales, but to sustain and grow them.<br /> <br /> You have to research each niche. There&#039;s no one right way to determine the size of a niche. Use online tools. Use Google. Use Facebook. Use forums. Eventually, you learn to know a good niche intuitively. <br /> <br /> At some point, you just pull the trigger. You&#039;ll never have as much info as you want about a niche. You&#039;ll never know for certain until you create the product, list it for sale, and find out if anyone buys.</div>
 
<div class="bbWrapper">Hey guys, haven’t worked more on this business yet as I have no funds to start! So instead, I worked on my current biz and trying to increase sales. Once I got some cash flow and money saved I’ll spend on the new biz.</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 135027" data-quote="KJFast" data-source="post: 1110662" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1110662" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1110662">KJFast said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> Hey guys, haven’t worked more on this business yet as I have no funds to start! So instead, I worked on my current biz and trying to increase sales. Once I got some cash flow and money saved I’ll spend on the new biz. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>Funds for what? <br /> <br /> A digital product costs nothing until you reach a point where you want to invest in improving your systems.<br /> <br /> The only cost before that is the one thing you have in abundance, time.</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 13831" data-quote="Lex DeVille" data-source="post: 1110634" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1110634" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1110634">Lex DeVille said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> If people buy the product on Etsy, then the *need* part is already determined. What you have to figure out is if the niche is <b>large enough</b> to not only earn sales, but to sustain and grow them.<br /> <br /> You have to research each niche. There&#039;s no one right way to determine the size of a niche. Use online tools. Use Google. Use Facebook. Use forums. Eventually, you learn to know a good niche intuitively.<br /> <br /> At some point, you just pull the trigger. You&#039;ll never have as much info as you want about a niche. You&#039;ll never know for certain until you create the product, list it for sale, and find out if anyone buys. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>Thank you a lot, Lex!<br /> <br /> One more thing I still can&#039;t quite figure and would appreciate to hear your opinion on is, when do you know that it&#039;s time to give up a niche or product and move on to the next one?</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 13831" data-quote="Lex DeVille" data-source="post: 1110685" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1110685" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1110685">Lex DeVille said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> Funds for what?<br /> <br /> A digital product costs nothing until you reach a point where you want to invest in improving your systems.<br /> <br /> The only cost before that is the one thing you have in abundance, time. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>Funnily enough, I realised this yesterday! Decided today I’ll take some time to learn how to create the product(s) I’m planning to launch and get to it</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 116731" data-quote="kr8nt" data-source="post: 1110764" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1110764" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1110764">kr8nt said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> Thank you a lot, Lex!<br /> <br /> One more thing I still can&#039;t quite figure and would appreciate to hear your opinion on is, when do you know that it&#039;s time to give up a niche or product and move on to the next one? </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>If I haven&#039;t made a sale with a digital product in 1-2 months I&#039;d probably find a new product, but I don&#039;t think that answer fits everyone. I know how to get products online for sale and in front of people fast, and I don&#039;t waste time on action-faking tasks. Not saying you do that, but a lot of people are action-fakers who spend time on non-essential tasks and then call it quits when they don&#039;t have sales after a short period. That&#039;s not the same as putting products in front of real people and asking them to hand over their cash.</div>
 
<div class="bbWrapper"><b>February Sales: $463.34</b><br /> - Thrivecart: $119.85<br /> - WooCommerce: $343.49<br /> <br /> <b>February Expenses: $68.31</b><br /> - Google Ads: $43.31<br /> - FOMO: $25.00<br /> <br /> <b>February Profit: $395.03</b><br /> <br /> In total, I made slightly less in profit than all of my Udemy courses combined, so even though site 1 is moving kind of slow, it became a worthwhile source of income. Ads weren&#039;t particularly effective in generating traffic or sales early on, so I didn&#039;t spend much on them. Most of my traffic finds me organically on Google.<br /> <br /> For March, I&#039;ll focus more on organic outreach and building my email list. I created a YouTube channel last month to share talking head videos on the website. All of the current videos are unlisted. Four people subscribed on YT, so they must have come from my site. This month, I&#039;ll add public videos to the channel and more long-form SEO blog articles. I&#039;ll start making YouTube shorts as well.<br /> <br /> My financial goal for March is to get this site up over $1,000 in profit without significantly increasing expenses. I&#039;ll leverage Ebay as sales channel / funnel source. I&#039;ll also start building out the social media side of things on Facebook.<br /> <br /> Overall, not bad for the first full month. It&#039;s not $2k in sales, but it&#039;s a good start.<br /> <br /> <b>Udemy Course</b><br /> The course I published this month was a dud. Despite the 9k+ searches per month on Google, I haven&#039;t received even a single sale. The course has had 8 visitors total to the landing page, and only one of them got there by searching for the exact search term. All others were looking for courses on other subjects. I took a chance on a topic idea and it didn&#039;t pay off this time, oh well.<br /> <br /> <b>Site 1 Courses</b><br /> I&#039;m not sure how courses will do on this site, but I do have a few ideas for courses. I think they could even be audio-only courses rather than video (like listening to an audiobook). I&#039;ll probably add 1-3 of these to the site this month. I doubt I&#039;ll call them &quot;courses.&quot; I&#039;ll probably frame them as &quot;Audio Programs.&quot;</div>
 

Welcome to an Entrepreneurial Revolution

The Fastlane Forum empowers you to break free from conventional thinking to achieve financial freedom through UNSCRIPTED® Entrepreneurship where relative value and problem-solving are executed at scale. Living Unscripted® isn’t just a business strategy—it’s a way of life.

Follow MJ DeMarco

Get The Books that Change Lives...

The Fastlane entrepreneurial strategy is based on the CENTS Framework® which is based on the three best-selling books by MJ DeMarco.

mj demarco books
Back
Top Bottom