How much have you/can you make selling PLR Article Packs here? (Breakdown of real numbers)
My past results:
I offered my first WSO here a few months back, if you want to see what I did.
It offered 13 articles on business productivity, 13 audio narrations, and combined them into a 25-page Ebook with cover graphics.
I priced it at $14.95 and sold a whopping 7 of them. Great reviews, but all that work for $105? I also approved about 20 affiliates to promote the WSO but not a single one produced a sale.
It probably took 8 hours to put together and I'm worth more than $12/hour so I'm curious if these results were typical, and what caused them to be so low. The topic? The offer? The price? The exposure in this forum?
My estimate of the future:
I don't intend to create and promote a PLR store, but I know a few writers and am tempted to have one write 20 articles and list another WSO offering the pack for $19.95.
Seeing as it is not worth my time, let's crunch the numbers to outsource another PLR pack:
20 articles x $10 = $200
20 articles x $15 = $300
20 articles x $20 = $400
WSO Special offer = $20-40
Simple sales letter offering PLR pack: $0 (I can do)
Looks like I'd be putting out $220-440. What could I make?
Sell 10 packs for $20 = $200
Sell 20 packs for $20 = $400
Sell 30 packs for $20 = $600
Unless I can find a way to sell at least 25-30 article packs, it is just not worth it in my opinion. How could I sell 30 of them?
It just seems like there is too much risk involved for producing one-off article packs and not worth making them myself without promoting an ongoing business, building a reputation, etc. Nothing wrong with persistence and hard work, of course, but I have that for more lucrative projects. I just don't want to rule out the possibility of producing and promoting PLR packs here and there--so long as it can be done profitably and predictably.
How does this compare to your own real-life experience selling PLR?
"The first principle is that you must not fool yourself - and you are the easiest person to fool" - Richard Feynman
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