Guides to make money online
If someone were to ask you what the #1 ‘secret’ to making money online is, what would you say?
Any guess?
Maybe you’d say it’s to find a hungry crowd. Or to build and nurture a list. Or to enter the beginning of a new trend.
These are all good answers.
And all this is wrong.
THE big secret to making money online is one that crosses all niches, applies to all markets and marketers, and works almost every time to make REAL money.
This is how six and seven figure incomes are almost always earned.
And it’s also how YOU can start earning 6 figures in the next 12 months.
Now before I reveal this ‘secret’, let me warn you that you may have heard it before.
In fact, some online marketers have to hear this a dozen times or more before it really starts to sink in.
That’s because the most powerful techniques are often disguised as something a bit boring. Or tedious. But uninteresting.
After all, taking a wheelbarrow full of money to the bank is exciting.
Winning it is often something else entirely.
Ready?
Here is the ‘secret…’
“Find a profitable formula, and then Scale it up.”
If that is all. Pretty simple, I know.
Yet 98% of marketers never will. And 97% of marketers will go broke for it.
Let’s say you spend time making the perfect product for a super hungry niche. You modify the offer so that it converts through the roof. You bring in affiliates to help you promote. Everything is in its place. You launch, you have an extremely profitable week…
… then what?
For most marketers, they will focus their attention on creating the next product and iterate through the entire process.
And for that, they will leave a huge amount of money on the table.
If your offer sells for $19 and you’re converting at 5%, then you’re making $95 for every 100 people you send to your site.
This is not even including the list you are building and will market to over and over again.
Now if you can buy those 100 visitors for $40, you’ve just made a profit of $55.
Buy 1,000 visitors and you’ve earned $550.
Buy 10,000 visitors and you’ve earned $5,500.
But wait, there is more!
What happens if you add a backend product? Just one sale per 100 visitors of a $100 product increases your profit from $55 to $155.
10,000 visitors? $15,500 profit.
You can also add coaching programs, continuity (membership), etc. for even more profit.
Are you following me here?
Let’s use an analogy: Someone invests 3 months to open a hair salon. They have a grand opening with many clients. And when that settles down, they close shop, move across town, and do it all over again.
Yeah, that would be pretty crazy.
However, that is what 98% of online sellers do.
They create a product, launch it, have a great week, and then start all over again.
And they wonder why they keep fighting.
So what is takeout?
· Invest time in building a profitable and high converting funnel.
· Give it a try and do the math: how much can you spend on advertising and still make money?
Start small and grow your way.
· Don’t forget to build your list: your funnel is your seed money and your list is your “go to” money. Meaning, whenever you need funds or just want to increase your income, you can go to your list and make them an offer.
What will derail you in this process:
Let yourself be seduced by the glamor of creating another new product funnel when you should be expanding the one you already have.
Fear of spending money to earn money. Yes, spending $1,000 or more to make sales is scary. That’s why you want to start small, make sure your entire funnel is working, and then scale up. And up. And up.
Your biggest mistake would be to ignore this advice.
Fortunes have been made simply by creating a profitable funnel and then expanding it.
FORTUNES.
As in almost 7 figures made from a ClickBank product…
Per month.
That’s right: 6 Pack Abs at the height of his success was earning more than $11 million per year.
Your results will vary.
