It’s exactly one week since I’m back from my short trip. Boy! I really miss my holidays… who doesn’t right? Ever since I touched down Singapore last Thursday, busy is my only word that I keep uttering.

I got to answer to my clients request, meet new clients and etc. Just to share a bit on my business. There are mainly 2 parts to it. Website Development and Internet Marketing.

Website Development is mainly providing website design solutions to our clients. Other than that, if they want to start selling or driving traffic to their website, we do that too.

We do not just offer SEO packages or Adwords packages like most others do. What we offers are proven, tested and actual traffic strategies that I personally use for my own internet business.

The second part to my business is my own Internet business. For example, my RoyPhay.com blog is something that I upkeep to share what I know. And I have many other niche website that’s making money.

RoyPhay.com is not so much focusing on making money, but it’s more on providing great value to others.

Simply said, from T. Harv Eker, Guerrilla Business Intensive, Website development is my Working Income, and Internet Business is My Passive Income.

So, a lot of people would ask, “Is Passive Income From An Internet Business Or Internet Marketing Real…?”

They cannot grasps the idea that money can be made while sleeping, money can be made hands-free, money can be made while on holiday.

All of these are true! (at least for me)

One thing personally for me, I don’t talk from theory, I only share from actual experience from what I have done and what I know and most importantly, what I do.

If you have been following my posts, you would know that I have launch my Version 2.0 of an online game strategy guide.

Let me share a bit on the demographics of this online game. For this particular online game, it’s very similar to World of Warcraft, so I thought the demographics would be from kids to adults.

Boy! I was wrong! When I research deeper, they are all kids, from 8 years old to 16 years old, with no credit cards, and no money to buy my guide.

Not only that, my competitor all are selling at only $5.50, $5.95, $9.95, and only one website selling at $14.95, when I started 2 years ago.

My version 1.0 was priced at $14.99, $18.99 and $27.99. Why the 3 prices? Simple! Rather than giving one guide, I break into 3 packages, and you know what…?

65% of my sales go for $27.99, 30% goes for $14.99, and only about 5% goes for $18.99.

So, I was working on version 2.0 since April this year, took me 2 months to work on it. With that, I decided to launch on 27th June 2008.

It was exactly 23 months later my first version.

I’m not sure it’s a good decision, because on 27th June 2008, was my 3rd day of Guerrilla Business Intensive. Not only that, I’m going away for my short trip ( which was planned ) on the 2nd July 2008.

So, basically, after I launched on 27th June, I will not get to make any changes on my site until I’m back from my trip which is 10th July 2008.

If you have launched a product like I do, you would know that I’m crazy to launch a product, let it run for 2 weeks and not monitoring and making changes.

I know I am, but I have to, if not, July would not be possible to do it.

I’m more confident about doing well for version 2.0. The main reason is that I know my market well.

Just to give you a brief idea how many copies I sold in 2006. In first 4 days of launch, I sold 4 copies. In the first month, I only sold a total of only 6 copies, including the 4.

The main reason I was writing this post, is that I just login into my PayPal account… (finally, after all the clearing of my work)

and find out how is my this website doing.

To be frank, I’m happy for the results I’m getting right now. However, there’s still rooms for improvement, which is in plan, but have not done it yet.

Before I show you my screenshot, I want to be upfront that I’m showing you this is to encourage you, and inspire you that if I can do it, you can do it too. It’s not to prove I’m better or what. Definitely not my style!!

Okay?

The actual launched is on 27th June 2008, Singapore timing, but in USA, it’s still 26th June. If you notice, there’s a pretty big gap in sales from 4th - 8th July, with no sales.

Haha… that’s because my hosting company shut me down because there’s a sudden surge of traffic coming into my website.

Good problem, just that I have to solve that during my holidays, and I’m happy that it’s up after 28 hours of downtime.

So, moving forward, I’m working on my first back-end product and launch it tonight. And I have another back-end, so a total of 2 back-end.

Improve sales funnel, and also marketing. I’m happy for this site, and excited for the passive income that it can gives me on a monthly basic.

From my version 1.0, it took me 4 months to launch the product, 4 months to market it, and I live off 15 months of passive income, with only 30 minutes of maintainance every month. Not too bad huh!

So, I strongly encourage you to work on whatever project or product you been thinking of selling for ages. Just do it, (as Nike says), and you never know what you’ll get.

When I know it’s a kids market who do not even have credit card and money to buy from me, I’m ready to give up. I’m really thankful and grateful that I didn’t, if not I would have killed my very own “cash cow”.

To Your Success,

Tags: ways to make money online, online marketing system, internet marketing course, internet marketing plan

Popularity: 75% [?]