How to make a living by selling courses

[Crap Buddist]

of course it will be a decent course. do you think the courses out there are short of good theory? all of them have sound advices like use stops, don't chase etc. whether they make money is another matter.



you do realise that I can never reveal the link between my website and this user id (tss42) ?

Ok what kind of content does one of your courses teach, do you include teaching them to use a certain method within the course or any prop / (007 dont tell the pro's special weaponary) indicators or trading system?

or can you name a course that might be similar to one of yours to give a flavour without blowing your cover ...

 

[Trader333]

I wish to point out that my interest in this is not about fleecing people with rubbish products but more about the marketing of "Opportunities" via the internet.

Taking your points one by one:

1 search engine optimisation.

How do you see this being achieved and even if it is and you are at the top of Google it may still not result in any sales

2 google ads.

This can get very expensive because you will have to bid a higher amount than your competitors to get your adds placed in the right location. If you don't bid enough then all that happens is you get loads of clicks from the Chinese who never buy anything.

3 marketing in trading websites such as these. this is the best form of ad cos its free to run and best of all these sites have a massive captive audience a majority of who actually want to buy. i only need to spend my own time to snare my punters in.

This is a myth. Whilst you may well get your product listed on sites like T2W getting people to actually go ahead and buy is just as hard. On any site like this you will be placed directly alongside all of your key competitors so why would someone choose to buy from you as opposed to any of the others products that are offered ?

The cost is also not free as you will be expected to pay up to 50% of the sales value of your product as commission to the site that has sold it.

Take a look at just how many products there are available on T2W and other trading related sites and you will start to see what I mean and this is for legitimate products not scam offerings. Even the likes of DW and VS spend a fortune on marketing.


Paul

 

[zupcon]

I dont think selling such a product is as easy as you might think.

A big problem is going to be plagerism, there's very little stuff published these days that doesnt end up on peer to peer sites, it only takes one dissatisfied customer to upload your product and you've lost control, and sales will suffer.

I wouldnt underestimate the problems with payment processing, particularly if you're selling crap, and the chargeback rates start getting too high, processors are getting increasingly reluctant to deal with trading related products.

If there's any element of affiliate sales, you really are a prime target for fraud, its common practice for unscrupulous rogues to purchase products on behalf of others using stolen credit card details and collect affliate commissions, if and when the punter discovers this, in the worst case you end up giving product away for free, paying 50-60% of the purchase price as an affiliate fee to the guy who ripped you off, and getting lumbered with the chargebacks fee's. Often the gangs who do this are actually kind enough to request the chargebacks themselves 6 months after purchasing and long after recieving affiliate commissions !

Keeping on top of this sort of nonsense is far from a passive buiness

 

[Lee Shepherd]

The link here is around $70 for 1 year to pull in people, they do all the transactions, credit cards, legal stuff and even help you with guidelines to stick with so your the right side of the law, they take care of fraud, charge backs and cancellations. All you do is post and they take there cut (30%) then pay you directly the rest.

Reccomended subscription fees are around $99-199 per month but can be whatever you chose to charge. You can also offer free trials as well to lure even more people in. It's incredibly easy. They will even help(for a small fee) with setting up your own site to advertise.
Just one person signs up for just one month in one year and you've covered costs.

You can even upload pay per click ads to your site and get paid a minimal amount for people that just click away. If they buy anything then you also get a percentage of the revenue.

For this service they charge you 30% of what you make, make nothing, pay $70 for the year only..Make one customer who pays just $99 for just one months subscription before cancelling and you break even..near enough.

Collective2 - System Finder

This is just one example on how easy it is to start up and with minimal costs.. Theres many people that will blow a load at anything but the great thing with the internet is ..yes theres loads of shops in the high street but people will buy from one and not the other for many various reasons. minimal setups costs, minimal loss, (possible) maximum gain.

This is why there are so many out there....it really is this easy.

 

[Crap Buddist]

I dont think selling such a product is as easy as you might think.

A big problem is going to be plagerism, there's very little stuff published these days that doesnt end up on peer to peer sites, it only takes one dissatisfied customer to upload your product and you've lost control, and sales will suffer.

I wouldnt underestimate the problems with payment processing, particularly if you're selling crap, and the chargeback rates start getting too high, processors are getting increasingly reluctant to deal with trading related products.

If there's any element of affiliate sales, you really are a prime target for fraud, its common practice for unscrupulous rogues to purchase products on behalf of others using stolen credit card details and collect affliate commissions, if and when the punter discovers this, in the worst case you end up giving product away for free, paying 50-60% of the purchase price as an affiliate fee to the guy who ripped you off, and getting lumbered with the chargebacks fee's. Often the gangs who do this are actually kind enough to request the chargebacks themselves 6 months after purchasing and long after recieving affiliate commissions !

Keeping on top of this sort of nonsense is far from a passive buiness

hmm yeah, fraud would be the biggest ball ache i could see, i think if one was going to flog say a trading method, cant they run it through a server and charge people to access the web window. That way you could control access, nothing to download, so nothing to nick. Mind you thats more flogging a working method as opposed to text information, manuals, I think thats a bit tired now, not as sexy either.. and sex sells..

 

[tss42]

This is a myth. Whilst you may well get your product listed on sites like T2W getting people to actually go ahead and buy is just as hard. On any site like this you will be placed directly alongside all of your key competitors so why would someone choose to buy from you as opposed to any of the others products that are offered ?

you obviously know in these areas a lot more than I do as you clearly have experience in internet marketing. thanks for your comments. What method of marketing do you suggest? please pm me if you don;t want to discuss here.

When I said sites like this are great marketing tool, i wasn't talking about selling through them officially. i am talking about registering as a user with the vendor badge on, then write posts to create a credential and then start getting the punters in... it has been done before and will be done again... many times...

 

[trendie]

you obviously know in these areas a lot more than I do as you clearly have experience in internet marketing. thanks for your comments. What method of marketing do you suggest? please pm me if you don;t want to discuss here.

When I said sites like this are great marketing tool, i wasn't talking about selling through them officially. i am talking about registering as a user with the vendor badge on, then write posts to create a credential and then start getting the punters in... it has been done before and will be done again... many times...

:idea:

 

[nine]

LOL tss. You go for it but stay on the right side of the line.

Smoking a nasty bug out and squashing it is one of the true joys of life.

.

 

[LevII]

I was hoping I would be proved wrong on this thread and it was "just in Jest"

To actually boast about fleecing people puts you in the same league as Vince stazione (not sure about the spelling)
You will fail in your endeavor as trader333 points out its not such a simple task
With altruistic people like trader_dante and others around helping people the con artists
And failed traders selling courses will be pushed out.

Fraud Act 2006
2006 CHAPTER 35
An Act to make provision for, and in connection with, criminal liability for fraud and obtaining services dishonestly. [8th November 2006]
BE IT ENACTED by the Queen’s most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:—
Fraud
1 Fraud
(1) A person is guilty of fraud if he is in breach of any of the sections listed in
subsection (2) (which provide for different ways of committing the offence).
(2) The sections are—
(a) section 2 (fraud by false representation),
(b) section 3 (fraud by failing to disclose information), and
(c) section 4 (fraud by abuse of position).
(3) A person who is guilty of fraud is liable—
(a) on summary conviction, to imprisonment for a term not exceeding 12
months or to a fine not exceeding the statutory maximum (or to both);
(b) on conviction on indictment, to imprisonment for a term not exceeding
10 years or to a fine (or to both).
(4) Subsection (3)(a) applies in relation to Northern Ireland as if the reference to 12
months were a reference to 6 months.
2 Fraud by false representation
(1) A person is in breach of this section if he—
(a) dishonestly makes a false representation, and
(b) intends, by making the representation—
(i) to make a gain for himself or another, or
(ii) to cause loss to another or to expose another to a risk of loss.
(2) A representation is false if—
(a) it is untrue or misleading, and
(b) the person making it knows that it is, or might be, untrue or misleading.
(3) “Representation” means any representation as to fact or law, including a
representation as to the state of mind of—
(a) the person making the representation, or
(b) any other person.
(4) A representation may be express or implied.
(5) For the purposes of this section a representation may be regarded as made if it
(or anything implying it) is submitted in any form to any system or device
designed to receive, convey or respond to communications (with or without
human intervention).

 

[tss42]

Fraud Act 2006
2006 CHAPTER 35
An Act to make provision for, and in connection with, criminal liability for fraud and obtaining services dishonestly. [8th November 2006]
BE IT ENACTED by the Queen’s most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:—
Fraud
1 Fraud
(1) A person is guilty of fraud if he is in breach of any of the sections listed in
subsection (2) (which provide for different ways of committing the offence).
(2) The sections are—
(a) section 2 (fraud by false representation),
(b) section 3 (fraud by failing to disclose information), and
(c) section 4 (fraud by abuse of position).
(3) A person who is guilty of fraud is liable—
(a) on summary conviction, to imprisonment for a term not exceeding 12
months or to a fine not exceeding the statutory maximum (or to both);
(b) on conviction on indictment, to imprisonment for a term not exceeding
10 years or to a fine (or to both).
(4) Subsection (3)(a) applies in relation to Northern Ireland as if the reference to 12
months were a reference to 6 months.
2 Fraud by false representation
(1) A person is in breach of this section if he—
(a) dishonestly makes a false representation, and
(b) intends, by making the representation—
(i) to make a gain for himself or another, or
(ii) to cause loss to another or to expose another to a risk of loss.
(2) A representation is false if—
(a) it is untrue or misleading, and
(b) the person making it knows that it is, or might be, untrue or misleading.
(3) “Representation” means any representation as to fact or law, including a
representation as to the state of mind of—
(a) the person making the representation, or
(b) any other person.
(4) A representation may be express or implied.
(5) For the purposes of this section a representation may be regarded as made if it
(or anything implying it) is submitted in any form to any system or device
designed to receive, convey or respond to communications (with or without
human intervention).

that's all great levii. how many system sellers/coaches/mentors have you seen being prosecuted so far? how many operating on this board will go to jail do you think, if the law is applied?

when other people do it every single day on this board, nobody bats an eyelid and are happy to pay up hundreds of pounds and even starts defending them (stockholm syndrome?). when i lay down my game plan openly, i am the bad guy.

truly the sheep! just proves i have the right business model.

oh, and those of you who bought courses, how many audited broker statements did you check before you paid up? don't make me laugh... go spend your cash... that's what you lot do the best... leave some cash for daddy... cos im coming with my new and shiny course...

 

[tss42]

by the way levii, didn't you buy the damian oakley course? not doing too well nowadays is it, certanly not up 21% this year as damian claims? have you given up on it or still watching your capital head slowly to 0?

and more importantly have you thought of applying the laws you listed above on him and the other vendors you paid before that?

 

[LevII]

by the way levii, didn't you buy the damian oakley course? not doing too well nowadays is it, certanly not up 21% this year as damian claims? have you given up on it or still watching your capital head slowly to 0?

Whether or not I did is none of your or anyone else's business.
Presumably you did to be able with authority to report on its performance and, as you see it, shortcomings.
I would not like to see some of the good people who read and contribute to this board unwittingly risking falling foul of a pretty draconian piece of legislation.

 

[tss42]

it wouldnt be anyone's business had you not started your journal (claiming to follow your own method) only to stop when damian threatened you to take you to court.

great entertainment for everyone, dont you think?

maybe you can start another journal now 'How to I made $2 million in the stock market in 3 months (starting with $4 million).' perhaps you can liaise with all other customers of damian oakley?

the hypocrisy of the people (like you) of this board beggars belief...

 

[TheBramble]

don't make me laugh... go spend your cash... that's what you lot do the best... leave some cash for daddy... cos im coming with my new and shiny course...

tss, I do hope after all the brain-picking and good advice, (freely given) you’ve been getting here on putting together any old crap as long as it attracts sales, that you’ll do the site the honour of offering us your own version of a rubbish course at a discount? Wouldn’t be right otherwise.

While I think of it, why not make THAT part of the advertising hook? State that most will think it’s rubbish, and that’s because they’re stupid and only the few will genuinely understand what it’s all about. Most, I am sure, will imagine they’re one of the minority that are smart enough. And when they realise they aren’t, they wont want to appear foolish. And they certainly wont want to bank the refund check you send them from “tss porno pervy peado club (GB)”.

Just in case you ain’t joking and are seriously intending to do as you say, I’m wondering if the site actually benefits much at all in having you around as you’re a committed and overtly stated net ‘taker’ from the site, with intentions to take even more (in cash from duped members), no apparent intention to positively enhance or educate others for its own sake, and in your own small way, diminishing the integrity and usefulness of the entire site while effectively demeaning the efforts of those members (the vast majority) that do contribute or at least participate with a good heart?

Admin/mods – while tss is currently not a vendor (or maybe he is), if he clearly intends to be and this thread isn’t deep humour (though I’m still enjoying it as such), perhaps a sort of proto-vendor status could be attached to his profile to ensure everyone is aware of his unhappy and manipulative motives? Or if that’s technically more hassle than it’s worth – how about just removing the profile altogether….?

 

[nine]

OK. Given that we're a trader's board not an educator's board, it's time to close this thread before it gets out of hand. Goodnight all.




In contemplating the purchase of courses, never forget: caveat emptor.
How often is the King actually wearing any clothes?