Your Business Experience

I know there are lots and lots of savvy businessmen/women here. I think it'd be great to share our experience. I'm in early 20's and very eager to learn from you all. Hopefully, you can learn something from me too.

So here's my story....

A little while ago I released an e-book on the subject of affiliate marketing. It wasn't much, nothing special and it was my first foray into the e-book business.

The basis of the book was about my affiliate marketing career and the tips and hints I learnt along the way. The book was well under 100 pages long and full of spelling mistakes.

I had pretty much no money to advertise the e-book with. I think my budget was about $250 US dollars for the whole thing.

The 2 main methods of advertising I used to promote that book was Joint Venturing and Ezine Advertising. Here's what I did....There are people who run ezines(online newsletters) that I wanted to get a hold of.

I knew I had a fairly good product, but I didn't have a list of customers to send my offer to, so I basically told every Ezine owner in my target market that I wanted to give them 50% of all the sales they refer to me, but I also knew, that these people got this sort of offer everyday so I had to sweeten the deal.

I told them I would also pay them half of the ad cost (what it would usually cost someone to advertise in their newsletter) plus give them
50% of the sales, if they read the book, and recommend it to their list.

You have to understand that an ad and a recommendation are 2 very different things. If you get someone with credibility to tell people about your product, you will see the profits soar.

I had this happening every week, and one weekend, A very big marketer promoted my book to his list. And in that weekend, there was over $4000 in sales! In 3
days, over $4000 in sales hit my credit card processor.

This is one of my success stories, next time I'll post my experience where things didn't go as expected so that you can learn from my mistake