The ultimate internet income formula
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Transcript of The ultimate internet income formula
Your Step-by-Step Guide to Making over $329 a Day
By
John Stevenson
Copyright & Disclaimer
Copyright © 2014, John Stevenson.
Except as provided by the Copyright Act, no part of this publication may
be reproduced, stored in a retrieval system or transmitted in any form
or by any means without the prior written permission of the publisher.
Disclaimer:
Please note the information contained within this document is for educational purposes only. Every attempt has been made to provide accurate, up to date and reliable complete information no warranties of any kind are expressed or implied. Readers acknowledge that the author is not engaging in rendering legal, financial or professional advice. By reading any document, the reader agrees that under no circumstances are we responsible for any losses, direct or indirect, which are incurred as a result of use of the information contained within this document, including –but not limited to errors, omissions or inaccuracies. If you click a link to buy a product or service in this report, I may be compensated for the sale.
Introduction
Starting and running your own business is an amazing adventure
whether it’s an online or offline business. Millions of people dream of
being their own boss, setting their own schedule and reaping the riches
that come along with having their own business.
I won’t lie to you and tell you that you can start a business online, do
nothing, spend nothing and make millions of dollars. That’s just not
possible. But, what I will tell you is that when you compare the costs to
start an online business vs. a more traditional business, the difference is
astounding.
You can start your online business with as little as $100, maybe even
less. Is this ideal? Of course not. Like anything else, if you have more
resources available, you can grow faster and explore more
opportunities. But, when the cost to start a restaurant or a franchise
can be hundreds of thousands of dollars, just to get started, the lure of
the online business is very appealing.
While there are many different business models you can follow to start
an online business, I’m going to show you, step-by-step, what I (and
many others) think is the absolute most profitable and easiest business
model out there. If you want a business, a real business, that you can
start today, here it is. Follow the steps, put in the time to learn and you
can live the life of your dreams. But, if you want a real business, you
have to run it like a real business.
The concept is easy to follow, and it definitely isn’t new. It’s not
revolutionary, but it is proven (and simple). The top internet marketers
in the world ALL use this formula. ALL OF THEM. Yes, some use other
methods as well. And of course many use much more advanced
methods of this simple formula, but they all use some variation of this
exact same formula. If you follow the plan I’m about to lay out for you
and take the time and put in the necessary work, then this simple plan
can help you build a business that can easily make you over $100,000 a
year or more, and you can start making money TODAY.
Are you ready for the method? Here it is…Email Marketing. Crazy right?
Now I’m not talking about spamming people or buying lists and sending
millions of random emails out. You’d be lucky to make $10 doing that
stuff. What I’m talking about is building a list of people that want the
information you’re providing. I’m talking about people that will look
forward to your emails and happily open them and read them. They will
buy things that you recommend that solve their problems…and that’s
how you make money. The earnings potential is huge. A number of
experienced email marketers are making millions of dollars as we
speak…following this exact system. Email is not going away, in fact, it
continues to grow. “The Money is in the List”. The saying has been
around forever. It used to be a mailing list and for a while it was a
telemarketing list, well these days it’s an email list.
There is an accepted metric in this business that says every name on
your email list is worth $1/month to you. If you have a list of 100
emails, you should be able to make $100/month. If you have a list of
1,000 emails you should be able to make $1,000. If you have a list of
10,000 emails, you should be able to make $10,000/month. $10,000 a
month...from emailing your list! Let that sink in. And what’s even better
is that the list is yours…forever. And it’s not any more work to send
emails to a 10,000 email list than it is to a 100 email list.
So let’s not make this harder than it needs to be. I’m about to lay out a
simple plan for you. Just copy the system, add your own creative flair,
work hard and the results will follow.
Ready to go?? Let’s get started…
Researching Niches
First off, what’s a niche anyway? Simply put, it’s a need in the
marketplace. Examples of niches are making “money online”, “dating
advice”, “health”, “weight loss” and “self-help”. Some niches like
“health” are huge and they can further be broken down into “healthy
cooking”, “dieting”, “high blood pressure” etc. There’s two parts to
selecting a great niche:
1. Choose a niche you have a passion about and that you are very
knowledgeable. You don’t have to be an expert but you should
know more than an average person. Otherwise, it’s going to be
very hard for you to earn trust from the folks in your database.
Write down a list of at least 5 things you really enjoy and that you
have knowledge about. At this stage, don’t leave anything off your
list. Brainstorm…if you have a list of 20 things, that’s ok too.
2. Choose a niche that you can make you money. This is very
important. If you choose the wrong niche, you could waste lots of
time and money. This is where your niche research becomes
crucial. So, you’ve got your list from the previous step, now we
need to take a look to see which are profitable. How can you be
sure you’ve got a profitable niche? You should be able to answer
yes to the 3 following questions:
- 1. Can You Market Online?
In a nut shell, you need to be able to advertise effectively
online. If you are competing in a huge and ultra-competitive
niche like “weight loss” you might not be able break into the
niche in a cost or time effective manner. So you might want
to pick something like “weight loss without exercise” for
example. Now I don’t know if that would be a great niche or
not but chance are you’d have better luck since it’s smaller
and more focused.
- 2. Are There Offers to Promote?
Are there multiple products that you can promote to your
email database? The “diet” niche makes a great example.
Not only are there physical products to promote like weight
loss pills and cookbooks, there are lots of digital information
products to promote. How can you find the answers you
need? Well Google is always a great source. You can often
just Google [Your Niche] + products for sale to see what’s
available. You can also visit Amazon to research the physical
products. Chances are if it’s not on Amazon, it doesn’t exist
or not too many people want it.
For digital information products, www.Clickbank.com is a
great tool for research. Clickbank is one of the largest and
most respected affiliate marketplace out there. You can also
check out www.JVZoo.com. Inside the Clickbank
marketplace, you can type your niche into the search bar
and see what products are available to promote. If there
aren’t multiple products to promote, you probably don’t
have a profitable niche on your hands.
- 3. Are There Customers That Buy?
A really good example would be a flat screen LCD TV. Yes,
you can buy it online, but most people (not all) are going to
do their research online and then purchase it locally. With a
large purchase like that, a lot of folks just want to touch it
and see it up close before they purchase. So now you’ve got
some good ideas for niches and probably some that you
crossed off you list that just won’t make any money. Which
one should you choose?
Picking a Niche The most important thing to remember here is to “follow the money”.
Chances are good that if other marketers are making money in a given
niche, you will be able to make money as well. So what are some of the
more popular niches?
1. Weight Loss
2. Personal Development
3. Video Games
4. Bodybuilding
5. Dating
6. Cooking
7. Pets
These are just some of the hundreds of niches that can be profitable.
And for the most part, each of these niches can be broken down into
sub-niches. For instance, in the “Pets” niche, you could break that down
to “dogs” and further break that down into “dog training”. And that’s
just one example. As an exercise, take out your list of niches and try to
break them down into sub-niches. I think you’ll be surprised to find that
one of your sub-niches might actually be a better choice for you to
focus on.
At this point you should have:
- Researched niches and products.
- Chosen a niche or sub-niche that you enjoy, have knowledge of
and looks profitable
There’s one last step in this section now that you have chosen your
niche. You’ll need to get yourself a domain name or two. You can
search and register for domain names at www.1and1.com or
www.GoDaddy.com. Sometimes one will have a special or reduced
price, but the “normal” price is around $12/year. I won’t get into too
much detail on choosing a domain name because the name itself isn’t
crucial to your success. Here are my quick tips:
- Try to pick a .com. .net is ok too, but if you can get the .com
it’s better.
- Pick one that describes your niche. If your niche is “puppy
training”, a good domain would be
www.learntotrainyourpuppy.com. That’s just an example and I
have no idea if it’s already taken or what’s on the site. It just
came of the top of my head as a good domain for puppy
training. Now you’re ready to move onto the next step.
Set Up Your Page & Autoresponder This is where your list begins. Someone will land on your page as a
result of your advertising efforts (we’ll talk about those in a bit), and
based on your message on the page, they’ll give you their email
address. Now you have what’s called an “opt-in”. Someone has opted-
in to your list to receive more information or to get the offer from your
page. An autoresponder allows you to automatically (and manually)
send messages to your list.
Capture Page
Don’t worry, you won’t need any programming skills or any technical
knowledge at all to set up a really great opt-in page. There are two
really get places where you can make a great opt-in page (or multiple
pages) very easily, very quickly and for not too much money.
- www.Leadpages.com - Leadpages is one of the easiest sites to
make beautiful opt-in pages. You can literally have your page
up and live in 30 minutes or less. Also, they can host your page
which means you don’t have to have a hosting account (we’ll
talk about that later). So it makes it really quick and easy to put
together a nice looking page from one of their templates. Now
if you already have hosting, you can choose to create the page
and host it on your own site. And the pages will easily integrate
with your autoresponder (we’ll cover that soon). Now it does
cost money to use the service each month, but I think the time
saved and the ease of page creation is well worth it. If you are
on a super tight budget, the next option might be a better
choice for you.
- www.GetResponse.com - This is the service I use to manage
my lists. It’s low cost to get started, easy to use and integrates
well with Leadpages. You are also able to create opt-in pages
and have them hosted if you don’t have your own hosting
account. The pages are easy to set up and design and it will
make your life easier to have your opt-in page and your list all
in one place.
Autoresponder
As I mentioned before, www.GetResponse.com is the autoresponder I
use and there are many others you can use also. The basic process of
the autoresponder is as follows:
- Create a web form. Once you sign up for an email service
(Getresponse, Aweber or others), you will need to create a
form. The form is where someone will enter their email
address and any other information you’d like to require such as
their name, phone number, address etc. The contact
information is then added to your list and you are able to
communicate with them. Note - The more information you ask
for, the fewer people will opt-in to your list. I like to just ask for
the bare minimum which is the email address, but sometimes
I’ll ask for a first name too. Unless you’re in a niche where you
really need the address or phone number, don’t ask for it – it
will really reduce your opt-in rate. What’s the opt-in rate? It’s
the number of opt-ins/the number of visitors to your page. You
want this rate to be as high as possible. What’s next?
- Integration. Don’t get scared. Integration is nothing more than
putting your web form (where you ask for information) on the
opt-in page you created. If you use Getresponse for your
autoresponder and to create your opt-in page, the integration
will be automatic. If you are using Leadpages to create your
opt-in page and Getresponse or Aweber for your
autoresponder, the integration is super easy. When you are
creating you page, there will be an integration tab and you just
click the autoresponder you are using and Leadpages will
integrate automatically.
Now is a good time to mention that all the services I’ve mentioned have
great customer support. If you have a question about setting up a page,
web form creation, integration or anything else, you can typically find
the answer in the knowledge base or ask customer support. If you get
stuck, don’t be afraid to contact support of the service you’re working
with to get yourself back on track.
What’s Your Offer? The most important element of your opt-in page is your offer or
“freebie”. What are you going to offer your visitor in exchange for their
email address? Is it information? A video? A free PDF? Each niche is
different and you can have great results with any of the offers I
mentioned, but my favorite is to offer a free report. Everyone loves
getting something for free, especially if it has a high perceived value.
How should you create your free report?
- You can write it yourself – Your report doesn’t have to be a
book, but it does have to offer really good information if you
want to build trust with your list. It can be as short as 3-4 pages
and as long as 50 pages. If you have some material you’ve
already written, you could convert that to a free report.
- You can hire someone to write it. If you don’t have the time or
desire to write a report, you can hire someone to do it for you.
I’m a fan of outsourcing. We all have the same amount of time
in the day, the most successful folks just use their time more
effectively. You can find someone to write a report for you on a
number of sites:
o www.SEOclerks.com – You can find all sorts of projects on
here, but there are some very talented writers that can
write or re-write your report for not too much money. It’s
very similar to Fiverr, but not everything costs $5. I like this
site because sellers can choose to charge more than five
dollars for their work which leads to a higher quality result.
o www.Fiverr.com – Fiverr is a great site to find low cost,
quality writing. Just make sure to check the reviews and look
for a seller that can get you what you need in a few days.
o www.Freelancer.com – You can post your project and your
budget and experienced freelancers will begin bidding on
your project.
- You can buy PLR – PLR means “Private Label Rights” and it’s
information that you can use and change as you see fit. There
is some PLR that you can sell, giveaway, change, repackage or
just about anything else you need to do with it. When you are
looking at the PLR, you should be able to see what you can do
with it after you buy it. Ideally, you’ll want the ability to
change, sell and give away your PLR. Once you find some
suitable PLR, you’ll want to re-write it to give it your own
personal touch and to match your niche. You can either do this
yourself or use SEOclerks.com or Fiverr.com to find a low cost
writer to re-write it for you. You can access to some really good
low-cost PLR here.
Now that you have your “freebie”, you want to offer it in exchange for
the visitors email address. So if your niche is “puppy training”, the
headline on your opt-in page could be “FREE Report – Learn How to
Easily Train Your Puppy in 5 Days or Less”. And your entire page could
simply be your headline, a background picture or in this example a
picture of a really cute puppy and your opt-in box. I’ve found that
simple pages convert better than complex pages in many cases.
Remember you aren’t trying to sell anything, you just want someone to
give you their email address in exchange for the free report.
One more thing before we leave this section. You always want to be
testing and tracking your results. What’s that mean? It means that once
you put together your page and start to get visitors, you want to test
how it performs after you make a change. The goal is to increase the
performance of your page which in reality is increasing the number of
opt-ins you get. If you make a change and your page performs better?
Great! Make another change and see if you can do better still! Did it
perform worse? Oops! Go back and try another change.
Ok. You’ve got your “freebie”, you’ve got a great looking opt-in page
and you have your autoresponder set up and ready to go. You’re ready
to start building your list. Where is everybody??
Traffic and More Traffic!
It’s FREE!! While there are many effective paid advertising methods that can get
results and traffic for you fast, I’m going to focus on some extremely
effective FREE TRAFFIC methods. At this point it’s worth mentioning
that you are building a real business. Your database can generate a
solid income for you for years to come. And when you want to retire,
you can sell it….for a LOT of money. While you can start to make money
in as little as a day or two, this is definitely not a get rich quick scheme.
You’ll need to put in the time and the work needed to succeed. But you
can do it…I know you can. How do I know? Because many others have
done it before you….by following these exact steps. If you can follow
these steps and are willing to put the work in, you can change your life.
1. Youtube – Youtube is an amazing way to drive targeted traffic
(the best kind) to your opt-in page. You can create a video with
information on your niche, useful tips or product reviews. You
don’t need any money and you can make a simple video with your
webcam or even your phone. It doesn’t have to look like a
professional made it, but it does have to be informative and offer
some value. In the information box below your video, Youtube
allows you to put the link to your website and a description of
your video. Use that space to target keywords that relate to your
niche. Note – Don’t just make one or two videos…make one or
two videos a DAY. EVERY DAY. The key to FREE traffic is
consistency. Make your videos, get them on Youtube and watch
the traffic flow.
2. Twitter – Don’t have many followers? No problem. Here’s how
you get them and use your account to drive targeted traffic to
your site.
a. Do a search of users that are in your related niche. If your
niche is “puppy training”, do a search of #puppies, #puppy
training, #puppy obedience, #puppy potty training etc.
b. Start following all of those users and try to engage as many
of them as you can. Re-tweet some of their posts and
message them back if they thank you for following. Some of
them will start to follow you.
c. Provide USEFUL information. Don’t just blast a link to your
page in every post.
d. Build your following and the traffic will flow.
3. Forums – Forums are a great source of targeted traffic.
a. Do a Google search of [Your niche] = Forums to find forums
related to your niche.
b. Answer questions IN DETAIL. Go above and beyond to give
really helpful and in-depth answers. This is another reason
that it’s really helpful to be an expert in your niche. If you
can give great answers, people will start to notice you and
recognize you as an expert.
c. In most forums, you will be able to post a link back to your
opt-in page. When people begin to notice all the great
answers you give, they will go to your bio (or wherever your
link is in the forum) and click it. That’s some of the best
targeted traffic you’ll find anywhere.
4. Yahoo Answers – Very similar to forums. Search for questions
related to your niche and give GREAT answers. Don’t give average
answers or good answers. Make sure they’re all great. You can get
traffic for YEARS from just one really great answer. Make each
one count.
5. Craigslist – Although Craigslist doesn’t allow live links in most
categories, you can still get some free traffic with a few good ads.
Make sure you have a great headline and post a simple ad with
the link back to your opt-in page. You can just make a small note
that someone should copy and paste the link into their browser.
Some niches will work better than others, but it doesn’t take
much time to post an ad and you can renew it every 48 hours
fairly easily.
6. Blogging – Blogging is a great way to get traffic to your opt-in
page. If you take the time to set up your blog and just post a few
great posts every week, you can get tons of free traffic from
Google. You can also get targeted traffic from Reddit, Pinterest,
Twitter and more when you share your amazing post through
social networking. How do you start blogging? There are entire
books dedicated to blogging if you really want to be great, but I’m
just going to go over the basics.
a. Get a domain name from www.1and1.com or
www.GoDaddy.com.
b. If you don’t have a hosting account, you can get one from
www.Hostgator.com for a very reasonable price. In fact,
when I wrote this, you could get started for just a penny.
That’s pretty reasonable! That may not be available
anymore, but they typically run discounts so you should get
a pretty good deal. During the signup, you’ll need to choose
a hosting plan, I recommend the “Baby” plan which will do
everything you need.
c. Once you’ve got the plan, you simply install the Wordpress
blog from your control panel in your Hostgator account and
you have a blog! There are more detailed instructions
available from Hostgator, but it’s pretty easy to do.
Hostgator offers great technical support if you need
assistance.
d. Keywords Matter – Take a little time to choose the keywords
that relate to your niche. Once you’ve found some good
ones, write a great blog post. Make sure your keywords are
in the title and in the post. DON’T keyword stuff. Write for
the reader, not to get ranked. Google loves blogs right now
and they get ranked very high. If you write great posts,
Google (and targeted visitors) will find them.
e. After you’ve written your great blog post, share it on
Facebook, Reddit, Pinterest, Tumblr, Twitter etc.
f. Watch the traffic flood in as you write and share more great
posts!
Don’t try to tackle all these traffic methods at once. Pick one that
sounds good and become a MASTER. Learn everything you can. And do
it. Don’t expect immediate results…you won’t get 1000 visitors a day
right away. Once you’ve become a MASTER of one method, move on to
the next. Don’t stop doing your first method, just add the new method
and repeat. Before long you’ll start to see some major traffic and the
prize…opt-ins.
What Do I Do With This List?
Your list is your business. It’s an asset. If you want your asset to grow
you have to nurture it and provide value on an ongoing way. There are
two factors of email marketing to take into consideration:
1. Emailing Frequency – How often should you mail your list? The
answer is every day. You’re probably thinking that your list will
get sick of you or won’t want to hear from you that much, and
you’d be right if you just sent offers and promoted products they
should buy. But you’re a smart marketer now and smart
marketers don’t treat their lists like an ATM. You need to mix up
the TYPES of emails you send.
2. Email Type - There are 3 types of emails you can send and you
should definitely mix them up. What you should always do in
every email is provide value. Always promote a useful product.
Always send helpful information. Always send answers to
common questions. If you keep these things in mind, your list will
look forward to hearing from you. Here are the 3 types of emails:
a. Content Emails – This email should contain useful, helpful or
productivity information. Did you find a great new free tool
or product? Let your list know about it. Did you read a great
blog post that relates to your niche? Forward the link to
your list.
b. Relationship Emails – Your list might not want to hear about
your dog or family every day. A little personal information is
ok, but I like to use these emails to pass along motivation
information. Maybe a pep talk here or there. Some words of
wisdom. A couple of Zig Zigler quotes (or a quote from a big
name in your niche).
c. Offer Emails - If you’re sending the other types of emails on
a regular basis, then the offers you promote should have a
much higher conversation rate and that’s where you will
make money. And continue to make money on a regular and
ongoing basis. What should you promote? Well it should be
related to your niche of course. And it should be a quality
product or information. Don’t just promote something to
promote it. If you use it and it’s great, promote that.
Thinking about promoting something? Try it out yourself to
see if it’s any good before you recommend it to your list.
Depending on your niche, you can promote physical
products or you can promote digital information products.
You can join the affiliate program with Amazon to promote
their physical products and Clickbank is a great if you want
to promote digital information products.
Well that’s it. That’s the step-by-step system that you can start today
and use to change your life. I know you can do it…I believe in you.
Believe in yourself, take massive action and you WILL succeed.
To your success,
John Stevenson