If someone asked you what is the number one ‘secret’ to making money online, what would you say?
Any guess?
Maybe you would 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 of these are wrong.
THE big secret to making money online is one that cuts across all niches, applies to all markets and marketers, and works almost every time to make REAL money.
This is how you almost always make a six- and seven-figure income.
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 or more times before you really start to sink in.
That’s because the most powerful techniques often masquerade as something a bit boring. Tedious gold. Or uninteresting.
After all, taking a wheelbarrow full of money to the bank is exciting.
Winning it is often something else entirely.
Ready?
Here’s the ‘secret …’
“Find a profitable formula and then SCALE.”
If that is all. Simple enough, I know.
However, 98% of marketers never will. And 97% of marketers will go bankrupt because of it.
Let’s say you spend time making the perfect product for a super hungry niche. You modify the offer so that it becomes through the roof. You bring affiliates to help you promote. Everything is in its place. You cast, you have a tremendously profitable week …
… then what?
For most marketers, they will focus on creating the next product and going through the whole process again.
And for that, they will leave a huge amount of money on the table.
If your offer is selling for $ 19 and you are converting at 5%, then you are earning $ 95 for every 100 people you send to your site.
This does not even include the list you are creating and it will be marketed over and over again.
Now if you can buy those 100 visitors for $ 40, you just made a profit of $ 55.
Buy 1,000 visitors and you’ve won $ 550.
Buy 10,000 visitors and you’ve won $ 5,500.
But wait, there is more!
What happens if you add a backend product? Just one sale for every 100 visitors of a $ 100 product increases your profit from $ 55 to $ 155.
10,000 visitors? $ 15,500 profit.
You can also add programs for coaching, continuity (membership), etc. for even more profit.
Are you following me here?
Let’s use an analogy: someone takes 3 months to open a hair salon. They have a grand opening with a lot of customers. And when that goes away, they close the store, move to the other side of town, and do it again.
Yes, that would be crazy.
Yet that’s what 98% of online marketers do.
They create a product, launch it, have a great week, and then start over.
And they wonder why they keep fighting.
So what is takeout food?
· Spend time building a profitable, high-converting funnel.
· Give it a try and do the math: how much can you spend on advertising and still make money?
Start by investing little and build up gradually.
· Don’t forget to build your list: your funnel is your starting money and your list is your “go to” money. That is, whenever you need funds or simply want to boost your income, you can go to your list and make them an offer.
What will derail you in this process:
Be seduced by the glamor of creating another new product funnel when you should expand the one you already have.
· Fear of spending money to earn money. Yes, spending $ 1000 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. 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 peak of its success was making over $ 11 million per year.
Your results will vary.
