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Daren Smith writes how he earns $10,000+ each month, mainly selling several online courses on topics like hand engraving and interior design.
He shares that in May last year his website received only 3000 visitors but earned $17,618 via course sales 🤑
Darren worked out all his numbers in advance…
To reach my goal of $10,000 per month in revenue, I realized I would have to offer 40 courses a month at an average order value of $250 and a conversion rate of 2.5%. I had the courses and the right price point, so all I needed then was to get 1,600 people per month to the website. I’d determined that, on average, each visitor was worth roughly $5 to $6.
The catch is that Daren doesn’t create the courses himself; he partners with experts and splits the course revenue 50/50.
Daren’s marketing funnel breaks down like this…
Daren seems to follow Kevin Kelly’s philosophy of 1000 True Fans…
With a small base of loyal fans and this many products and services, it doesn’t take much to reach $10,000 per month in revenue. Scaling also becomes easy once you have the product infrastructure and context in place, it’s just a numbers game. The more awareness and engagement, the more conversion.
Also pretty cool to see the different products and services Daren has for sale, something for every need and price point 👇