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Guides To Make Money Online
If someone asked you what was the #1 “secret” to making money online, what would you say?
You might say it’s to meet a starving crowd. Or to build and nurture a list. Or to get in on the start of a new trend.
These are all good answers.
And all of this is wrong.
THE big secret to making money online is one that crosses all niches, applies to all markets and sellers, and works almost every time to make REAL money.
It’s how six- and seven-figure incomes are almost always made.
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.
This is because the most powerful techniques are often passed off as a bit boring. Or tedious Or uninteresting.
After all, taking a wheelbarrow full of cash to the bank is exciting.
Winning it often is something entirely different.
Here’s the “secret…”
“Find a profitable formula, then scale it up.”
Yes. This is. Very simple, I know.
However, 98% of marketers never will. And 97% of marketers will be broke because of it.
Let’s say you spend time making the perfect product for a very hungry niche. Modify the bid to make it high. Join affiliates to help promote yourself. Everything is in place. Lancers, you have a very profitable week…
… and then what?
For most marketers, they will focus on creating the next product and do the whole process again.
And because of that, they will leave a huge amount of money on the table.
If your offer sells for $19 and you convert at 5%, then you will earn $95 for every 100 people you send to your site.
This doesn’t even include the list you’re building and will market to over and over again.
Now, if you can buy those 100 visitors for $40, you’ve only made a profit of $55.
Buy 1000 visitors and you earned $550.
Buy 10,000 visitors and you’ve earned $5,500.
But wait, there’s more!
What 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 (affiliation), etc. for even more profit.
Do you follow me here?
Let’s make an analogy: someone invests 3 months to open a hair salon. They have a grand opening with many customers. And when that wears off, they close up shop, move across town, and do it again.
Yes, that would be crazy.
Yet this is what 98% of online marketers do.
They create a product, launch it, have a great week, and then start again.
And they wonder why they are still fighting.
So what is takeout?
· Invest time in building a profitable and high-converting funnel.
· Try it and do the math: how much can you spend on advertising and still make money?
· Start investing small and work your way up.
· Don’t forget to build your list – your funnel is your initial money and your list is your “go to” money. That is, whenever you need funds or simply want to increase your income, you can go to your list and make them an offer.
What will derail you in this process:
· Getting seduced by the glamor of creating another new product funnel when you should be augmenting what you already have.
· Fear of spending money to make money. Yes, spending $1,000 or more to make sales is scary. That’s why you want to start small, make sure the whole funnel is working, and then scale up. And up And Up
Your biggest mistake would be to reject this advice.
Fortunes have been made simply by creating a profitable funnel and then growing it.
As in almost 7 figures made from a ClickBank product…
That’s right: 6 Pack Abs at the height of their success was making over $11 million a year.
Your results will vary.
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