The 7 Step Formula to make money online
My 7 Step Formula is easy to follow and will put you ahead of the other 95 % of Marketers out there. Please remember that you are the one who can make things happen, I can give you the tools but it is on you to take action.
by James Spurway
At the end of the day, you are solely responsible for your success and your failure. And the sooner you realize that you accept that, and integrate that into your work ethic, you will start being successful. As long as you blame others for the reason you aren’t where you want to be, you will always be a failure.
*Step 1* Make Money online today…
I know a lot of Internet Gurus promote ” become rich overnight ” programs. What I want to say with this is, if you think making money online is like going to sleep and the next morning you wake up and you made a lot of money, without putting any effort in, then this is not for you. Unless you play the weekly lottery, then the chances are 1 in 10.000.000 Million to hit the Jackpot.
Start with the Right Mindset.
Accept and prepare your mind to be successful and succeed in Business. Working as an employee and working on your own at home are two different things. Not everyone can be an Entrepreneur. You need to have the right mindset for it, and need to be prepared to leave your comfort zone and your security blanket behind. There’ll be no monthly paycheck at least in the startup phase unless you start part time. It also requires mental strength to take on the extra workload.
*Step 2* How to make Money online with a niche.
The first step you have to do is that you need to research the “niche” you want to promote or start a Business in. For example, if your niche is “Fishing”, find out what people are looking for, how much they spent in that niche on average per customer. The main point is to find a reasonably large number of targeted individuals who are interested in Fishing. Check out your competition on Facebook do extensive research on them. To be sure to make money online you do need a great offer, and a product or service that solves a problem of your target customer/s. You need to convince them that they have a problem, even one they don’t know they have yet, and then show them that you have the solution for that problem.
*Step 3 * Find A Target Audience
How do you find your Target Audience
Choose your Audience to whom you want to market your products. Do some research on:
a. What are people searching for online
b. How many people are searching for a solution to their problem.
c. Identify their problem
d. Present them the solution
Some good advice if you don’t know what product to use, look for something you have a passion for or you are interested in. You don’t need to be an expert to offer a product, but it helps with your motivation and persistence to follow through. First, think about what should you be marketing in your new online business.
You have now endless possibilities to ask Dr Google what people are looking for.
When searching for keywords you can use jaaxy.com. It’s a great keyword tool that has been developed by affiliate Marketers to suit your needs. When you sign up you get a free trial. Check out my page on “The best Keyword tool Jaaxy”. It will show you some videos how to use and how it compares with others. www.jaaxy.com.
When you have done your research, you can start with the product. If you have your own product, great, if not you can choose from the many options available.
Here are some prime resources for sourcing digital and Physical products
*Amazon Affiliate programmes ( please note you need to have a website in place to get accepted.)
*scroll down to the end of the page to build your free website
You can find thousands of products online. You can find them quickly and easy. Please note, having a product and a target audience is great and only the tip of the iceberg. You also have to do marketing for that product, and that is a bit more tricky and needs a lot more attention to be successful. It is like having a shop in a busy shopping street, but if you can not get the customers to your shop and buy your products, you going to be out of business very soon.
Now locate your products……..
The choice is all yours, decide if you want to promote digital Products or physical products. The digital products cover many different areas of interest and are incredibly profitable. There are no delivery costs with digitally downloaded products. They are a good choice to promote as most offer good margins.
There are other resources but the above sites are a great place to start for all types of fast selling digitally downloadable products. Affiliate Programs are a great idea with both digital and physical products, as you do not have to store inventory or ship the goods. It is a good way to start, it will not require huge start-up costs.
*Step 4* Market to your target audience
When you have researched your chosen market, and also located the products you want to sell, then it is time to narrow down your Target Market. Create a Target Audience Avatar. Start reaching out to those targeted individuals. The closer you identify your audience, the more likely you going to convert the visitors into buyers.
How do you attract hungry buyers at little or no cost?
It is a MUST for each Internet Marketer to reach a target market in a way that allows them still to make a good profit. Different ways will lead to different results, but in the end, there should be enough left as a profit. I could write a whole book about it, but here I will just give you the most cost-effective way. With this cost-effective way you can promote any product and it will cost you nothing except your time. Just set a bit of time aside each day to complete it. When you have started to make money you can reinvest into ads. But when you start, you want to keep your overhead costs as low as possible.
What’s the free method?
Articles, oh yes you read it right. Believe it or not, article writing is the most powerful and effective way to attract ready-made buyers to your site. Pep it up with keywords and a bit of SEO and you will be surprised how it actually works. Basically, you will write something that is informative and of interest to readers of your target market, don’t skimp on it, use quality content and don’t copy and paste, use your words, then submit your articles to directories to get them published.
As I mentioned before, Jaaxy is a great keyword tool, and it comes with a free trial. Google “keyword tools” and you will find even more keyword tools.
The good thing is the links contained in your published articles will point back to your website and that will get you targeted visitors who are interested in your product. Articles will, and can be a major factor in giving any well-optimized site higher rankings in search engine result pages.
*Step 5*Create a “bait”, offer a very interesting, tempting offer at low cost or for free.
When visitors come to your website, it is a must to offer an FREE or relatively low-cost product to hook up your potential buyer. This will give you their email address and you can send future promotions to them. At the same time, you will build your email list. The main aim is to get the prospect to ‘buy-in’ to you so that you can start to establish a business relationship. A getting to know you stage if you like.
Make the initial bait very attractive and very difficult to turn down. Only around 10 % will buy instantly, the others will need a bit more time and that is your chance to remind them that they missed out on your product. Convince them that you are solving their problem for them. Make them realize that they need this to solve their problem. It takes passion and effort as visitors who come the first time will not be converting into sales ( less than 1 percent will buy from a new site ).
Don’t be a Hunter who chases the customer, that will wear you out. Be the Fisherman who catches fish with a great bait. Let them come to you.
A good way to make a long-term profit and make money online in a long-term sense is to build a relationship and trust with the customer. A returning customer who is happy and satisfied will come to your site first before they look elsewhere. Why, because you built up the trust and authority and that is very important.
*Step 6* DO not Spam the Email List
Drop unsuccessful products and repeat the process over and over again with successful products, ones that you can also call bestsellers. It seems very obvious but believe me a lot of marketers fail because they do not follow simple steps. Get yourself an autoresponder like Mail chimp. It is free for the first 2000 email addresses. I use Get Response, it is a great tool and I can highly recommend it.
Follow up with your customers and send them some more offers but one thing you should not do is “SPAM” the customer.
One last piece of advice, make sure you promote only good quality products and services, and it will go a long way to keeping a loyal customer base.
*Step 7* Be aware of Making Money online Scams..
Beginners are an easy target
Not every course or offer that is out there is in your best interest. Start small before you invest big bucks. A small amount is easier to let go than a big amount. If you are in a 9 to 5 job, start it first part-time, and when you feel confident and can see yourself doing it long term, and of course you already made some money, you might consider to quit your job. But be sure to make this decision wisely.
When you follow this simple 7 step formula, research your idea thoroughly and you will make money online. Please keep in mind, everyone is responsible for their own success. It is entirely up to you whether you are successful or not.
I wish you all the success in your online adventure. Feel free to contact me if you have questions or need help.
Last but not least, different people have a different result. Not every method suits you. Be patient and work out what makes you burn with passion and excitement, and what turns you off. When working as an Entrepreneur you should love to work and enjoy it.
If you are serious about making money online, below you can sign up for a free website, this includes a free 10 step training for 7 days. After 7 days if you do not want the membership you still can keep the website. Have fun and start going.