August 4th, 2011 | |
Posted in Mindset
Today I’d like to teach you something very important.
Pay attention, especially if you are making less than $1,000/month online.
Because this post will help you get from less than $100/month to $1,000/month and more.
I decided to write about this after talking to Jen.
Jen is a student of mine in a program called Insiders Profit Club.
You might not have heard about this program because I haven’t publicized it. I opened it up in May – just to members of my mailing list, and it filled up within a few days. Then I allowed a few more people in in June, and it filled up again – pretty much right away.
I haven’t had a need to publicize it yet.
So that’s why you may not have heard about it.
In short, this program teaches you how to create small affiliate sites that make you a consistent income month after month.
One thing I offer in this program is personal one-on-one help until you are making $1,000/month.
This is very important because a lot of people start working with money-making courses and programs, make a few sales, and then stop.
And that’s too bad. Because what most people don’t realize is that once you are making a few sales, you are very close to making $1,000/month.
And that’s what I want to talk about today – what you need to do to get from less than $100/month to $1,000 or more – no matter what method you are following.
And that’s what I was talking to Jen about.
Jen asked me:
“I have about 100 sites promoting affiliate products. Some are making a few sales here and there. Some are not making money at all. And some make money during a particular season. What do I need to do to get to $1,000 as soon as possible?”
Now, 100 sites is a lot. And most people reading this will not have anything close to that (neither do I, actually, and I’m not recommending you do that at all).
But a lot of people reading this will have tried different methods for making money online.
Some of these methods have not made them any money at all, and some have made them a few sales before they gave up.
And that is similar to the position Jen is in.
So – what do you need to do when you are in that situation? You’ve tried a few methods, made some money here and there, but don’t have a high-enough consistent income stream.
The answer is – focus, tweak, and expand on what is working for you already. And duplicate it.
Take what is working – what has made you some money – and ask yourself:
Can I duplicate this enough times to get to $1,000/month? Can I improve on this to make more money? Can I tweak the system to make it more lucrative?
I’ll give you an example.
Jen has one site – a site she’s developed while following IPC (my group coaching program). That site has made her a few sales – just a bit of money.
She can decide to give up on the site because it is only making a little bit of money. Or she can focus on it and expand it to make her more.
Now, that site happens to be in a niche that I’m in, and it happens to promote a product that I’ve been promoting for about 3 years now.
And I know that that product sells well. I also know that a site for that product alone can bring Jen $1,000/month. I know because I’ve done it.
But all Jen knows is that this site has made her a little bit of cash.
And she has all those other sites to maintain as well…
So what should she do?
I told Jen to stop working on the sites that are not making her any money. And she should spend her time tweaking the sites that are making sales – one at a time – so that each one of them is making her more and more money.
For example, this particular site that I just mentioned.
Right now that site is ranking for one keyword and has made a small number of sales.
Here are things Jen can do to increase the number of sales from that site:
* Rank for more keywords related to this product
* Promote similar products on her site
* Test different online merchants to see which brings her the most money
* Read a related online forum to understand what people want and offer that on her site (in this case the forum will tell her that people are looking for the lowest price)
I can’t go too much into detail in this post on how to do each one of those things, but Jen knows how to do it because it’s all explained in IPC.
So as I said: focus, tweak and expand on that site to cause it to generate more money.
If she does that properly she will get herself a nice income.
And that’s what I want you to do as well.
Do you have a site that is making you some money? What can you do today to tweak this site and make more money out of it? Or to duplicate it and create another site just like that – so you’re earnings are doubled?
It will take you less energy to do this than to learn a new method and start from scratch.
If you don’t have any sites of your own, do you have a web 2.0 property that is making you money – the way I teach people in Easy Paycheck Formula? If you do, here are a few things you can do:
* Create more properties for similar keywords
* Promote similar products
* Create your own site for that niche – this will increase your earning potential
Not following Easy Paycheck Formula either? It doesn’t matter – this is true, no matter what you do.
It’s always easier and more lucrative to focus on improving something that is already working for you, rather than starting something new.
And that – in one sentence – sums up what I wanted to say today.
Or in 5 words: Focus, tweak, expand, and duplicate.
If you like this post, click on the Like button below.
And – let me know in the comments below – do you have something that is making you some money already? What can you do today to increase that amount in the near future?