Do you think this is realistic?

[lookgreatmakemoney]

Hi Everyone,
I went to an internet seminar the other day and basically the presenter stated the following:
In order to make $3,000.00 a month on the internet, you needed the following:

1. 500 visitors a day to your website, get your visitors by:

paying ten cents per click on googleadwords and have a $50.00 a day budget and then:

have a $30.00 info product to sell

This, at just a 1% conversion, would result in 5 sales a day or $150.00. $50.00 a day for advertising on googleadwords, leaves you $100.00 a day profit or $3,000 a month. Then he said, just keep repeating it with more websites till you are making as much as you need.

First, is this realistic?
Second, I do not have an ebook done yet so I wanted to go on to clickbank and promote one of their products with the above formula. Should I just pick the most popular clickbank product? or are those over saturated? Please advise, thanks, Lisa

[nghs22]

You might want to check your projected avg CPC. You will have a VERY VERY VERY tough time finding good traffic for .10 cents a click. Go do some research and you'll see what I mean. You could try to get organic traffic by setting up a niche blog, but your initial effort before any returns are will be great.

[webgal]

That is very simplified. You have to convert those customers that land on the page as a result of your ad, for one. Not always easy. I've found that I don't like writing ebooks. And if you sell through clickbank, you'll be giving a lot in commissions. I think the model is way oversimplified and not as easy as he outlined. In other words, it's not easy to get rich quick. That's a newsflash.