And even put quick money in your pocket, too.
Using what I’m about to show you, you can build as many email lists as you want, make money while you’re building those lists, and do it without paying for traffic.
This system is simple, easy to implement, and requires no major writing of content – unless you want to.
Here’s how it works:
First, you’re going to need your own domain name for your own website. And you’ll need a way to make web pages.
But if you’ve never put up a site or made pages, don’t panic and don’t let it deter you – Remember, you can outsource anything you like these days.
You’ll need an autoresponder to build your lists.
And just like any good business model, you’ll need some tenacity and perseverance. You might hit a home run straight out of the gate, or it could take you a little time to get the hang of this and ramp it up.
But the only way you can fail is to either not do it at all, or give it a moment’s try and then give up.
Okay, let’s get to the meat of it…
To build a list you need traffic. Lots of it. And of course there are two kinds of traffic available on the internet – free and paid.
With paid traffic you can turn on the traffic waterspout anytime you’re willing to pay. It’s a great system once your funnel is profitable. Spend $1, make $1.50 and you’re doing great.
But in the beginning it can be downright scary to pay for traffic, especially when you don’t know if your funnel is going to work or not.
So I suggest you pay for traffic later, and in the mean time you use a free traffic method like the one I’m about to show you.
Of course, there is no such thing as ‘free.’ If you’re not paying money, then you’re putting in effort. You’re ‘paying’ with your time. Fortunately, this system is not time intensive at all.
Monetizing – this is optional, but I’m going to recommend you monetize from the very start. Why not put a little money in your pocket as you build your lists?
This also gets your new list members used to and expecting offers from you, which will increase your conversions later as well.
We’ll use CPA marketing to monetize this system. I like CPA, or cost per action, because you don’t have to create your own products. You don’t have to compete with other affiliates. And sometimes you even get paid just for leads without the prospect having to buy anything. Now that’s an easy sale.
If you’ve never joined a CPA network, check out the companion article in this month’s newsletter, “How to Get Accepted into Your First CPA Network.”
Okay, we’re going to be using StumbleUpon to get our free traffic. Thanks to recent changes, StumbleUpon can be quite effective at driving traffic if you know what to do.
And by the way, with 25 million monthly users, I can just about guarantee that your customers are already on the platform, waiting for you to find them.
What you need to know:
Long winded content does NOT work on StumbleUpon. No articles and no blog posts, please.
StumbleUpon likes images, which means you don’t need to spend tons of time creating content.
Think in terms of simple and quick when it comes to content creation, and you’ll do fine.
How is this possible if we’re promoting CPA offers?
One word: Infographics.
No worries, I’ll show you how to get them created for cheap in just a moment.
First, let’s look at the big picture of what we’re doing…
Seriously, it really is one of the simplest systems I’ve come across.
Let’s get started…
1: Find a good CPA offer
You can either start by finding offers, or start by finding StumbleUpon categories. Your goal is to do a good job of matching one to the other, so that people looking in that category will want to see your related infographic.
This is perhaps the trickiest part of the sequence.
Do your research, spend some time on this, and realize you might not get it exactly right the first time or two. That’s okay, because you’re learning.
Here’s a little trick – pick a StumbleUpon category and just starting clicking to see what pages come up. This will give you an excellent idea of what kinds of content people are looking for in that category. Then find an offer that matches.
For example, a muscle building product for fitness, and so forth.
2: Create a related infographic
Let’s stick with the muscle building product trial. What do people who are into bodybuilding want to know? Maybe the top 5 bodybuilding exercises, or 5 things NOT to do when lifting weights.
Do some research on Google to get ideas and take notes. Keep in mind that you want content for an infographic, not a 3,000-page article.
Once you’ve got your content, either make your infographic yourself (if you like doing that) or go to Fiverr and hire someone.
You will likely have to pay more than 5 bucks, but it’s worth it to get a great looking infographic that captures eyeballs.
3: Create a lead magnet
While you were doing your research, you no doubt came up with plenty of ideas.
Use one of these to create a quick and easy lead magnet.
It should be something people WANT enough to give up their email address to get it.
Create the lead magnet, or hire someone to create it for you. Don’t overcomplicate this.
For our example, I did a quick Google search and found these ideas in about 30 seconds:
The Most Hated Man in Bodybuilding – Is He You?
Body Building for Beginners – 5 Little Mistakes That Cause Massive Injury
From Skinny Geek to Massive Muscle Machine In 7 Simple Steps
Is Cross-Fit Killing People? What You Need to Know
You don’t need to be a skilled writer to create your lead magnet. In fact, you can create a video, hire a writer, create an audio… it’s up to you.
What’s important is that your lead magnet be enticing enough to make people say, “YES, I want to read/watch/listen to that.”
4: Setting Up Your Funnel
You’ve got a CPA offer, an infographic and a lead magnet. Here’s what your funnel will look like:
A: Prospect sees infographic on StumbleUpon (hosted on your website)
B: Prospect clicks on pop-up and joins your list
C: Prospect is taken to the thank you page which is actually your CPA offer
Seriously, that’s it – just 3 simple steps.
Now you might be wondering why we don’t send prospects straight from the infographic to the CPA offer.
You could, but if you do, then you’re losing money.
By building a list, you can market to those people time and time again. You can even send them the same CPA offer if they didn’t sign up for it the first time.
Seriously, if you think of this first as list building and second as CPA marketing, you’ll get the idea.
The initial CPA profits are icing on the cake. The real money is going to be in the list you build.
And by the way, there is no reason in the world why you can’t do this as many times as you like in as many niches as you like.
Hmmm, gets you thinking, doesn’t it?
Okay, here are the basics of how to set up your funnel:
Pssst… if there is something in your list here that you haven’t done before, go to YouTube and find a video that shows you how to do it. Or outsource it.
First, create a new post on your website and title it with something similar to your infographic title. Add your infographic to that page.
Second, go to your autoresponder and create a new campaign (or new list, same thing.)
Third, if you don’t already have pop-up software, go to WordPress and pick one out. Add it to your site.
Create a pop-up for your new page that offers them your lead magnet. Make it sexy and enticing – it should be too good to pass up.
Delay the pop-up so the visitor has time to look at the infographic BEFORE they get hit with the pop-up.
How long you delay it will depend on how detailed and interesting your infographic is.
You’re going to have to experiment to find just the right time. Have it pop too soon, and people get annoyed. Pop too late, and people are already gone.
Fourth, use your CPA affiliate link as your thank you page url.
Tip: Also add an autoresponder sign up box next to your infographic. This way if they click your pop-up away and then decide they want your lead magnet, they can still join your list.
Once you have everything set up, go to your StumbleUpon account and add your page.
You’re now live!
Since StumbleUpon is a social networking site, you’ll want to build your authority by making posts, leaving comments and sharing things.
You can begin by going to ‘trending topics,’ clicking on the speech bubble above trending items in your category and joining in on the discussions.
Experimentation is key. Sometimes your pages will get tons of traffic, other times they won’t. But the only way you can fail using this method is to give up and do nothing.
Of all the free traffic methods I’ve seen out there, this is one of my favorites. It’s fun, it’s easy, and you can make some serious CPA cash for the cost of creating an infographic or two (or 10 or 100, if you’re ambitious.)
And these pages can work for quite some time, too, driving traffic onto your lists and to your CPA offers.
Be sure to work your lists as you would any other lists. Mail often, deliver lots of value and offer something in every email.
Eventually, the money you initially earn from new traffic should be dwarfed by the income you get from your lists.
HINT: Pick niches that are also good for affiliate products, such as weight loss, dating, bodybuilding, making money, etc. This way you can promote Clickbank, JVZoo products, etc., to your lists as well.
One last thing – this method should be fun. If it’s not, you’re doing something wrong.
Think about it – content creation is a breeze and it looks really cool, too. You get to promote just about any CPA offer you like. You’re list building for essentially free, while making money on the backend. And you get to spend time on StumbleUpon being social and getting ideas for your next infographic.
So go have some fun – and build your lists and make money in the process, too.
Have you thought about the benefits if you author a book?
Good. Let’s talk about what can happen when you write it…
A book is the best passive income source…
How to earn 5 figures from every book you write
It’s not just about sales of the book itself, although those can be great. It’s also about the leads you get.
Let’s say you provide a service of some sort, such as coaching. You write a book on your type of coaching and invite readers to join your list. Everyone who joins is now a potential coaching client.
And selling them your coaching services is going to be a lot easier – after all, you wrote the book they love, so you obviously know what you’re talking about.
But what if you don’t provide services? Whatever your niche, you can make 5 figures from your book.
Let’s say your book is on dating – you can sell a course to your readers on dating. It might be an affiliate product or your own product.
Or maybe your book is on investing, and so you offer your readers investing software, or investing newsletters, or an investing service…
…you get the idea.
Keep in mind that the leads you get from a book you write are much stronger leads than people who simply joined your list to get a freebie such as a video.
As an author you have tremendous credibility with your readers.
And if you treat them with respect, they will open your emails and act on your suggestions at a much higher rate than prospects who don’t feel like they know you at all.
Because that’s key – when they read your book, they feel like they know you. They like you, they trust you, and they want to hear from you.
So they look for your emails, they open and read them, and yes, they buy your products and services.
And don’t forget the joint venture deals you can get when you’re a published author, too.
Plus you can get featured on podcasts and in blogs, which will sell even more books, which will grow your email list even bigger…
Writing your own book is the money snowball you start rolling downhill. By the time it reaches the bottom, it can be quite large.
And you can roll as many of these snowballs – and write as many books – as you like.
3 Steps for a Successful Book Launch
1: Get a great cover that grabs attention. Everyone judges a book by its cover, so don’t skimp on this.
Have a title that’s easy to read, looks professional, and stands apart from competing books.
2: Get help with your launch. Have a group of people who support you in your launch.
This could be people on your mailing list, blog readers, peers in your niche and even your friends and family.
You’ll offer them a free copy of your book, and perhaps even place their names in your book. In return, they leave reviews, promote you on social media and help to get the word out about your book.
3: Get ongoing reviews to keep Amazon happy. You want reviews up front when you launch, as well as getting reviews over the coming weeks and months.
This can be as simple as asking your readers to leave reviews. Ask them inside the book both at the beginning (very soft sell here) and again at the end (harder sell – don’t be afraid to beg 😉.) Ask them again via email after they join your list.
Ethically, you can’t bribe people for reviews – other than sending a free copy of the book they’re reviewing. But you can add them to your posse, your inner circle, etc. Make them feel special. Put their names on your website, along with their reviews.
It takes time to write a well-thought out review, and it only makes sense that we show our appreciation for their time and effort, as well as demonstrating to others that we WANT their review.
How to Find Your 4 Figure-a-Month Book Idea
What do you know, that most people don’t know, that some people really want to know?
Can you write 5 pages on a topic? Then with a little brainstorming and research, you can probably write a book on that topic as well.
What are you most passionate about? What do you love? What do you do for fun?
What’s your expertise? What do you get paid for?
On what topic do people come to you for advice?
What can’t you stop talking about? If you’re driving your friends crazy with a particular subject, maybe it’s time you wrote a book about it.
There’s no ‘new’ ideas, just new slants and positioning on existing ideas. In other words, don’t think you must come up with a topic never before written. Instead, come up with a new position on an existing idea.
For example, if you teach persuasion, there are tons of books out there already on that topic, but no one has written the book YOU could write on persuasion, because only you can do that.
You don’t have to be an expert on your topic. Take a reporter’s position, do research, and report on what you find.
How to author a book in a weekend
Yes, you really can write a book in a weekend. And you can do it without typing a word, if you like.
Here’s what you do…
Create a mind map or an outline of your book.
You’ll find it’s much easier to write your book when you’ve done an outline or a mind map, or both.
My favorite method is to do a mind map for each chapter, followed by an outline.
Then one by one, I write each chapter by speaking into a recording program such as Audacity. If you’re like me, you can speak a lot faster than you can type. Next, I have a service such as Rev Transcription transcribe it for me.
You can also get ideas to include in your book from a good PLR product on the topic.
Yes, it can be that easy.
You’ll want to fix any errors in the transcript, and either do the editing yourself or hire an editor.
And now you’ve got your book. See how easy that was?
If you’re writing exclusively for Kindle, then you don’t need a 200 page book. 50-75 pages (15,000 to 25,000 words) will do fine.
It’s better to have 50 pages of great content than 200 pages of you droning on and on, trying to fill those pages.
Writing your first book can be life transforming. You get a big boost of confidence. You automatically have more credibility with peers and customers. And your friends and family look at you in a whole new light.
The only catch is, you’ve got to actually write the book.
But now you don’t even have that excuse anymore. Because you’ve read this article, you know how to create your first book in the next 7 days.
And how awesome will it be to tell others you’re a published author a week from today?
Pretty darn awesome!
Buying and selling websites is a lot like real estate.
Let’s first talk about real life real estate for just a moment…
How do you make money in real estate?
You buy a property, rent it out, and use the rent money to pay off the property.
Or, you use the rent money from your first property to buy your next property. You rent out the second property and buy your third, and so forth.
So yes, you’re coming out of pocket on that first property, or you’re taking out a loan. But in the long run, you wind up with several rental properties that eventually pay themselves off, and you’re a millionaire.
But the problem with buying properties are numerous: Real estate loans are a hassle to get. Renters are problematic. You’ve got to pay property taxes and all upkeep. You get calls in the middle of the night saying a pipe broke, or whatever. There’s always more added expense and headaches than you expect.
But what if we do something similar on the internet, so that we get all the benefits without all the hassle? It would look something like this:
(And by the way, countless millionaires made their money using this exact method.)
Let’s say you go to Flippa and you find a website that’s making $800 a month. The owner is willing to sell that website for a minimum of $3,000. You bid on the site, others bid on the site, and you manage to buy it for $4,000.
Now you might wonder why someone would sell a $800 a month website for just $4,000. Frankly, their reasons don’t matter. What does matter is you did your due diligence and confirmed that they are in fact making $800 a month with the site, and you are getting everything need to continue earning that $800 a month. Maybe that includes a list, or a product, or whatever. As long as you can continue to make that kind of money, you are golden.
Let’s say you make no improvements to the site other than upkeep and maintenance, and you continue to earn $800 a month. In a year’s time you will have more than doubled your money. The following year everything is profit, and so forth.
But you don’t stop there, because you take your profits from the first website and buy a second website. You take the profits from the second website and buy a third website, and so forth.
You’ll notice that you can pay for a website a whole lot faster than you can pay for a piece of real estate.
In addition, it’s much easier to make improvements to your websites than to your properties.
For example, if you want to upgrade the kitchen on a rental home, you’ve got to get bids, hire a contractor, let the house sit idle without a renter for two months, and pay a hefty fee for the privilege of not collecting rent while the kitchen is being redone.
But with your website, you can hire an outsourcer for a few hundred dollars to make whatever changes you need.
Which brings us to the next point… often times there are small things you can do to a website to create big changes in revenue. And as an experienced marketer, you’re in prime position to see those things and act on them.
For example, have they been using the site to build a mailing list? If not, this one step alone can often double and triple revenue within a just a month or two.
If they are building a mailing list, are they mailing to it on a frequent basis and selling products through their emails? You’d be surprised how often they’re not.
Is the website getting good SEO? If not, hire an SEO person to help you out, because it will be money well spent.
There’s almost always going to be something you can do to increase the revenue you get from the site.
Imagine if, in a year’s time, you buy 6 websites that each earn $500 a month when you buy them. Imagine you tweak them just a little and get them up to $1000 a month. That means you’ll have a $6,000 a month income without much work.
I know a fellow who bought a site for $5,000 that was earning $600 a month. He saw a lot of potential in the site, as well as things that could easily be improved.
He made a few tweaks (took him a week) and now the website earns $3,000 a month.
I don’t know where else you can invest $5,000 for an asset, spend about $900 upgrading that asset, and earn $36,000 a year. In my opinion it beats the stock market and real estate combined.
And if you ever decide you’re tired of a particular site or you just need some fast cash, you can always sell the site on Flippa again.
Now you might be wondering what sorts of changes you might make to a website to increase the revenue.
Broadly speaking, your changes will fall into one of these categories:
1: Increase the amount of traffic that’s coming to the website. If your website is already earning good money from advertising or product sales, you might just need to send more of the same traffic it’s already getting.
2: Increase the quality of traffic that’s coming to the website. If the original site owner wasn’t targeting just the right people, then changing your ads or methods of driving traffic may greatly increase sales without increasing traffic.
3: Get more of your visitors to become customers. Tweak the site to convert more prospects into customers. Also work on turning those prospects into list members so you can continue to sell to them, even if they don’t return to your website.
4: Sell more to your customers, meaning either sell them higher priced products, or sell to them more often, or both. For example, add an upsell to the sales funnel, as well as an autoresponder sequence that sells them on more products.
It will take some nerve to make that first website purchase. Learn how to appraise sites and verify traffic and sales before you do, and you’ll be alright. And remember, you can always sell the site later if you want to.
But I think once you try this, you might just get hooked. It’s a lot of fun to have an entire stable of websites, all making you money like clockwork.
And should one of them ever stop producing, it won’t matter. You’ll have already made your money back, plus you’ll still have all of your other revenue streams from your other websites.
As you can see, the internet really is a better place to invest in ‘real estate’ than the real world.
And I guarantee when you invest in websites, no one will ever call you at 2 in the morning because their toilet overflowed.
A friend of ours has agreed to tell you one of his money-making methods. And while he might be leaving some minor details out, I think there is more than enough here to set you on a very similar path if you choose.
This is what he told us…
“Here’s an example of how I made over $17,600 in five days by investing $297 and a few hours of my time.
Okay, I didn’t really invest my time – I actually paid a freelancer to do the work for me. But this is something you can easily do yourself if you’re willing to put in a little time.
I found some dynamite high-quality PLR on free traffic generation. It was good stuff, and even contained some things I didn’t know.
It included a massive manual, several written bonuses, and a sales page.
And at this price point, I knew that there wouldn’t be a ton of competition, either.
Frankly, I would have gladly paid a freelancer $1000 to write this exact same material for me, but in this case, it was a simple matter of plunking down the $297 and having it in hand.
I discarded the sales page because I didn’t want anyone to know this wasn’t my own original stuff.
Then I had my freelancer go through the written material and put more personality into it, so it sounds like it’s coming from me. He already knows my style so this was easy for him and just took a few hours.
Next, he broke it up into 24 PDF’s. Each PDF detailed one or two free traffic methods.
Basically, we were building a course on how to generate free, targeted traffic. And who doesn’t need that?
Finally, I wrote a new sales letter for it in my own style.
And I offered two options – they could either make 3 payments of $47 a month, and receive 2 pdf’s each week, or…
…they could pay $137 up front and get everything at once, plus email support for six weeks.
Really, I thought the $137 was a no-brainer since it was cheaper and included email support and they didn’t have to wait to get the entire course.
Then I sent the offer out to my list, and in 5 days I made over $17,600.
As to the email support, I hired someone to handle that for me. And I paid them after the money started rolling in so I wasn’t out of pocket on that, either.
But I wasn’t done yet.
I then made a new offer for $47 a month for 3 months, or $97 one time and everything up front, but NO email support this time.
And I let affiliates take a crack at selling it.
I made over $10,000 from that as well, after affiliate commissions were paid.
Okay, frankly I made a good bit more than $10,000, but I’m not going to say just how much because sometimes it feels like bragging, you know what I mean?
And here’s the kicker – I’ve done very similar things several times over the past 18 months.
The numbers are always different, but what never changes is I make a good bit of money with very little work.
I mean VERY LITTLE WORK.
I outsource just about anything that needs to be done except the sales copy because I like doing that myself.
And when I let affiliates sell it, I get a whole new list of buyers, too.”
As you can see, he does quite well with this method. And most impressive of all is how little time he invests into each product.
Some things to consider:
If you don’t have a list, then you’ll need to advertise to make sales. Even if you want affiliates to promote, you’ll need to get some initial sales yourself to prove that it does indeed sell.
You’ll have to hunt around for great quality PLR. It’s not easy to find, and when you do find it, it generally costs a good deal more than the usual ten bucks or so. But as you can see, if you use it then it’s an excellent investment.
The first time you do this, I suggest you make any changes yourself unless you can afford to hire a professional to do it.
One thing he didn’t mention was the product name – you’ll want to change it to make it sound unique to you.
And I suggest adding your own introduction to the material as well, again to make it your own.
One last thing – there’s no reason why you can’t place some strategic affiliates links in the material. For example, if your course encourages the use of an autoresponder, then give an affiliate link to the service you recommend, and so forth.
And one crazy idea for the road… what if you did all of this, but then you gave away 75% or more of your commissions to affiliates?
If you’re fairly new to marketing, then paying high commissions is an excellent way to attract new affiliates.
You’ll get more of them on board, you’ll sell more products, you’ll build your list of buyers faster, and these same affiliates will be far more interested in promoting your future courses if they already had success promoting your first one.
Just a thought… 😉
I know a guy who lives in a remote part of Oregon.
He’s got a long scraggly beard, dresses in jeans and flannel shirts, and drives a new car.
By day he fishes and hikes.
By night he visits with his friends in the bar, or kicks back and watches TV.
He takes several long vacations each year.
He hires someone to do his yard work and maintain his house.
He never works – because he doesn’t have to.
And he’s lived like this since the 70’s.
Did he inherit a lot of money? Win the lottery? Rob a bank?
Nope. He grew up poor, never went to college, and hasn’t worked since he was 22.
What he did do was write a hit song. Just one.
And that song continues to pay him residuals to this day.
He did something once, and is still getting paid residual income for it all these decades later.
So there you have it. Just write a hit song performed by a very famous person, and you are set for life.
What’s that? You don’t write songs?
Okay, then you might try the online marketing version of this residual game.
It’s called making a ‘sale once, get paid for months or maybe even years.’
Of course, we’re talking about residual programs, and there are two basic ways you can profit: Promote someone else’s program, or create your own.
If you’re promoting someone else’s residual program, you’ve got several benefits.
A pretty sweet deal, right?
And don’t be fooled by the first month’s commission, either.
For example, let’s say you’re trying to decide between promoting Program A and Program B. Both programs are converting at the same rate.
Program A pays out $50 one time on a $100 sale.
Program B pays out $15 each month on a $30 sale.
Members of Program B tend to stick for a long time, because the product is something they need for their business. In fact, the average customer retention rate is 7.2 months, which is fantastic.
With Program A, you make $50. But with Program B, you make $108.
As you can see, if possible you want to find out how long the average customer ‘sticks’ to the program.
Software as a service tends to retain people for longer periods of time, assuming the software does what it’s supposed to. Hosting is a great example of this, because once people set up their website with a host, they tend to stick with that same host for years or for as long as there is no problem.
However, there are many information oriented membership programs that also retain members for a good long time as well.
To find residual programs you might want to promote, you can begin by Googling, “affiliate residual programs.” You’ll find lists full of them – more than you can ever promote yourself.
But having your own program can be even better, if you’re willing to put in the work.
You have to create the residual income program. And make no mistake, there is work involved.
If you’re selling software as a service, then you need to have the software developed, tested, tweaked and hopefully glitch-free when you launch.
If you’re selling informational memberships, you’ll need to create a membership site and add content to it on a very regular basis.
And in either case you’ll need to deal with customer service, building the sites, writing the sales letters and so forth.
That said, it’s not as difficult as it sounds.
For your first membership site, I recommend you keep it simple. Find a target market that is eager for great information on their topic.
Then create a newsletter targeted to this market. Write the sales letter and newsletter as though you are speaking to just one person. Keep the price low – so low that it’s a no-brainer.
See? Not so hard after all.
If you’re going to do the work of bringing customers to a sales page, why not get paid for it over and over again?
Imagine this: One year from now you are earning money from not one, but twelve different residual programs.
Month after month you get checks for work you did six months or even a year ago.
How great will that feel?
Here’s a ridiculously simple internet business you can run from Facebook using Facebook groups. It won’t take you much time, and it can net you a tidy little profit each month.
Better still, you can create as many of these as you like. Grow them big enough, and you might make far more than $1,000 a month, too.
Plus, you can either do it yourself or outsource the work – it’s up to you.
Here’s how it works:
First, create a private Facebook group. This is going to be a free group, and you can do it for any niche where money is spent.
For example, if you’re in the IM niche, you might title your group something like:
You can populate your groups with free WSO’s, from Facebook itself, as bonuses to other people’s products and so forth. You’re offering a tremendous benefit for free, so it’s not going to be difficult to get members to your groups.
You might even limit the number of members you take since that will make it seem much more exclusive and valuable.
For content you’re going to do one or more of the following:
Whatever content you use, be sure to break it down into brief daily posts.
All you need is short snippets of content because the members will do the rest of the work for you. They’ll ask questions, respond to questions, give opinions and so forth.
Your group will take on a life of its own, which is terrific. You want to encourage as much interaction as possible to keep people coming back time and time again.
So now the big question is… How do you monetize this?
There are three ways:
First, promote your own products. You’ve got to do this in a very soft, non-pushy way. Done right, you’ll make plenty of sales without turning anyone off.
For example, you might answer someone’s question, then refer them to your product for even more info.
Second, promote other people’s products (affiliate products) using the same method.
Third, if you don’t want to sell products or you want to make even more money, you can sell advertising on the timeline.
If you think about it, you’ve got a highly targeted group of people who are super focused on this one area of interest.
Basically, you have a terrific prospect list of active, interested people.
Whether you are selling your own products, affiliate products or advertising, you’re going to make money.
Let’s talk more about getting advertisers. These advertisers would LOVE to convert your members to their deal.
Limit your ads to just one per day, and call them the “Sponsor of the Day.”
Of course, advertisers can book as many days as they like.
Post the ad in the morning and keep it as the pinned post for the rest of the day.
Charge maybe $50 to display the ad for a day, which compares favorably to solo ads.
If you sell all 30 days of the month, you’ve made $1500.
Only allow that one ad per day, and don’t let your members post affiliate links.
How do you find advertisers? Many times your best source will be from within the group itself. You can also let your email list know about the opportunity, and you can offer your ad slots to anyone who is in your niche and has a product to sell.
I recommend starting one group and learning the in’s and out’s of running this type of simple internet business. You’ll need to invest perhaps 15 minutes each morning for adding content and answering questions, and then check back 3 or 4 times during the day.
Once you get a good feel for what you’re doing, expand to related niches and even branch out to completely unrelated niches, too.
And of course, you can outsource the entire process.
While you’re not going to make a fortune from just one group, several groups can yield you a full-time income.