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Lets just say that out of the 200 clicks, you received 3 sales, which were tracked with a Facebook conversion pixel. Those 3 sales resulted in $800 in revenue. So your $100 investment just drove $800 in sales. Now, this is simply a generic example , but when you know how to track your ads or other marketing efforts, then you'll know what's paying off and what's not.
As someone who is just starting out in the passive income / digital products world. Do you have any advice for measuring whether your chosen niche will be a successful revenue generator early on? I don’t want to waste a ton of time and advertising dollars if my niche can’t replace my current 9-5 income. I have studied my competitors and I know that they are making six figures but they also got into the game much earlier and their niche is slightly different.
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However, with online employment comes fraudulent companies who scam job seekers into signing illegitimate offers. "There is currently a 61-to-1 scam ratio among work-at-home job leads on the internet — that is, for every legitimate job, there are 61 scams," says Christine Durst, cofounder of RatRaceRebellion.com and consultant to the FBI on internet scam.
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