How to Plan to Earn a Five Figure Income Online Using Simple Math

Mich
Earning a five figure income online might sound a little unrealistic. But still it is possible. Consider this, you have two products, the first is a product worth $10,000 a piece. The second only costs $200. Both are fantastic product but the first only caters certain market niche thus there are not many buyers. However, the second is much sought after and sales are fifty times better than the first. Selling either one of these products has its pros and cons. If you are planning to sell the first product, it might take a lot of effort as well as persuasion. But if you are planning to sell the second one, you only need to achieve 50 sales units to hit your target. I would recommend you selling the second product.

Earning a five figure income seems crazy, but it's not impossible - It's achievable. You just have to play with the number games. It's all in the numbers and how you adjust it. Look below:

1. Sales target = $100, Price per product = $10, Number of sales to achive = 10, Time to achieve = 30 days, Average sales per day = Sell 1 product every 3 days or 0.33 per day

2. Sales target = $1,000, Price per product = $30, Number of sales to achieve = 33, Time to achieve = 30 days, Average sales per day = Sell 1 product everyday or 1.1 per day

3. Sales target = $10,000, Price per product = $20, Number of sales to achieve = 500, Time to achieve = 30 days, Average sales per day = Sell 16 product everyday or 16.67 per day

4. Sales target = $10,000, Price per product = $200, Number of sales to achieve = 50, Time to achieve = 30 days, Average sales per day = Sell 2 product everyday or 1.67 per day

I know $10,000 looks crazy, but it's achievable! Trust me! If your sales target is $10,000 per month, and if you price each of your products at $20, you will need to sell 500 of these products at the end of the month. However, if you break them down nicely to 16 products per day, now this figure sound more reasonable, right? Come to think of it, selling 16 units of product per day is not a problem. If you think that 16 might be a large number, how about breaking it up further to 4 different sub product categories? This would sound even more reasonable. OK, the strategy is, yes you have your product launched, how about developing another 3 product to compliment the existing one? By selling 4 units of product each you will easily achieve your $10,000 mark easily! Just maintain 4 different product categories and start to market it concurrently. If you follow this, it will be more efficient marketing strategy.

Now another option is to diversify your product. Either you develop 4 different products or just repackaged your product in 4 different styles! For example, if you are selling an online opportunity that helps others to make money online, you can package it in 4 different styles:

  1. The Online-Secret Revealed!
  2. Online money making machine
  3. Proven money making mechanism
  4. Work from home solution!
It's still one product, just that you describe it in 4 different ways. And if you have a website, you can redesign the website to better represent each of these individual styles.

There you go! Making a five figure income can be achieved easily if you do your math. Eating a chicken in one bite might be difficult or near impossible but cutting it into smaller pieces helps in every way. Final question - How much do you want to earn online? Do your math!

Published by Mich

I love money. Thank you!  View profile

  • Breaking down your sales target would definately help you to achieve it.
  • Earning a five figure income is just a number game.
  • Repackage your product in 4 different styles and start selling it.
Earning a five figure income is not impossible, it just takes a little math. Breaking it down to manageable sales target would help you achieve it. Try it!

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