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I have started quite a few smaller businesses on and off the web in the past but nothing that eclipsed $1,500 a month. Currently, I am building an online fitness website. I have already invested around $1,000 in the website and developing a workout product.
I am aware online fitness is a mega industry that is completely crowded. I have steered clear of general fitness and have really targeted a smaller specific demographic that has a good amount of discretionary spending.
I have ran trials for the last month delivering a basic but poorly formatted product for free. I had around a 15% conversion rate for people who viewed my product. It is motivating to see people download your product, although knowing that you're slowly bleeding your money is not a good feeling.
I just released a simplified and better formatted product yesterday and am charging $20 for it. We'll see how that goes. In the meantime I am working on creating a blog and for that to be the main source of traffic for my product(s) by providing articles and resources they can use at their disposal. This is a business model that Ramit Sethi leverages very well.
I have limited experience with building an online website/brand so any advice is very much appreciated. I am planning on getting an INSIDERS subscription once I make 11 sales. So much valuable info from guys (and women) like mj, zen, jack, and icecreamkid.
If people have any questions/comments fire away!
I am aware online fitness is a mega industry that is completely crowded. I have steered clear of general fitness and have really targeted a smaller specific demographic that has a good amount of discretionary spending.
I have ran trials for the last month delivering a basic but poorly formatted product for free. I had around a 15% conversion rate for people who viewed my product. It is motivating to see people download your product, although knowing that you're slowly bleeding your money is not a good feeling.
I just released a simplified and better formatted product yesterday and am charging $20 for it. We'll see how that goes. In the meantime I am working on creating a blog and for that to be the main source of traffic for my product(s) by providing articles and resources they can use at their disposal. This is a business model that Ramit Sethi leverages very well.
I have limited experience with building an online website/brand so any advice is very much appreciated. I am planning on getting an INSIDERS subscription once I make 11 sales. So much valuable info from guys (and women) like mj, zen, jack, and icecreamkid.
If people have any questions/comments fire away!
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