Word count 1450 – read time approx 17 mins at a leisurely pace
Aim; How to start earning online – build a product and build an email list.
OK, before long if you’re on the ‘net you’re gonna come across big get rich quick schemes. There’s loads of ‘em and some of ‘em might even contain excellent info but let me tell you this, and explain it slowly. THERE ARE NO GET RICH QUICK SCHEMES. You can throw your money away very quickly on courses, and methods, sites and products but the bottom line is the only one getting rich is the person selling the product.
Rule no. 1 – There’s no such thing as getting rich overnight unless you win the lottery
So what you need is a method, let me spell this out. A method is a way in which you create a process, planned from start to end which generates a profit. If you can then scale that, you will make money. By scale I mean if you can do it 1 time, and then 10 times you will make 10 times more money. Simple. The best methods are scalable hundreds of times, sometimes thousands, and millions. All business is based on this concept. Cars, washing machines, houses, books, TV programmes, space shuttles, all start with a single simple idea and then replicate it many times. All of these items were products and were sold, sometimes more than once at some point in their life cycle.
Rule no. 2 – You will need something to sell to make money online
The thing you can actually sell online can be diverse, information, ebooks, software or products you deliver. You can earn money (not much) clicking and taking tests, giving your feedback and offering opinions, these are all good but require you to use your time and time is the one thing you cannot make. However you can sell 10 items, then 20 then 40 of the same thing over and over and do it whilst doing something else.
Rule no. 3 – Automating the process makes you more money
So you are now probably thinking I can;t possibly make any money coz I don’t have a product and can’t think of anything to sell. OK, here’s the deal you either write an eBook on the 1 thing you know better than anything esle, can be ironing, cooking, recipes, taking tests or ripping the head of a 63 Chevy. You may have done something extra-ordinary like climb a mountain, survive cancer, breed dogs, whatever it’s all great info to go into an eBook. Now before you do the whole book or create some software (more on this another time) or invest in something else to sell (again more another time) you need to find out if you can actually sell what it is you are going to make. This is the same for Apps and anything electronic, a bit of market research can save you time, effort and more importantly money nothing worse than spending hundred, thousands even on a prodict there is no market for. Hey, look I’ve done it so take a tip from me and save yourself the hassle by doing your research first.
Rule no. 4 – Try before you make
So how do you do that? Market testing is the key to it and thankfully there are tons of ways to do this online. I use a very fancy piece of software but you can do it yourself using a handy thing Google provides called Google Keyword Tool go there and type in what your subject matter is. The google shows you how many searches in the last month for that search term there were. The higher the number the better. So you might decide to do a book on Being Made Redundant, but on searching for that phrase you only get 1000 hits, a nice number but not enough to sell many books. So try typing in Finding Work, you might then find 1000000 searches for that term. Infinitely better. That’s then how you decide upon your subject, something you know, written from a viewpoint that people are searching for.
Rule no. 5 – Write for an existing audience
So now write your material – big tip – make the book inforamtive, with lots of references to real-world resources, where you go to sort your problems in this area out, so if it was job searching then you might use Monster.co.uk or a similar job search site, you might even use one in your field of expertise which is you giving insider info.
Rule no. 6 – Be the expert
So you may not think you are an expert but you probably are in some field, even being a mother is something of a specialist field, but what if you are totally stumped? You might be thinking I really have no knowledge of any worth (hard for me to believe!) so what then Stuart? Well you rent the expert, find someone you know, interview them, ask there permission to publish the result. Biographies sell really well! Get them to give you all their insider knowledge and put that in the book.
Rule no. 7 – Rent-an-expert if you’re not
So you now have your book and it’s ok, you like it, you have had it read for errors and you want to try selling it so then what? Well this is where the first rule of online marketing and the whole purpose of this post comes in. You need a list. A what? A list of email addresses from people who want to hear from you and who might buy your product. Well you just started so where is that list going to come from? Well there are a number of ways around this, approach someone with a list and offer them a slice for sending a review out to their customers, obviously you need to choose your partner carefully and make sure there list wants to receive your eBook and that it’ll be right for them. A little research online should help. You could approach a specialist, a business, or individual and get them to put it on their website as well. There’s also affiliate sales (more another time) which can set up an account where your product is promoted by totally unknown people who think your book would be just what their list would want to buy. iTunes, yup, Apple, good ol’ Apple now sell eBooks as do Amazon and a lot of other places. You can maybe do a precis of the book, publish that to articles sites and then link back to where your book can be downloaded and bought. There are a lot of possibilities you just need to look and search on Google.
Rule no. 8 – Start to build your own list but rent one until you have one
So how do you get a list, start one and use it? There are great sites like aweber, constant contact and mailchimp who specialise in mail list building. Take out an account (the more commercial you are the more you pay) and these will securely hold your list and give you the tools to build it. Make sure you do not spam anyone, use double opt-in, that’s where someone signs up and gets a confirmation email and clicks a link in it to confirm that they do indeed want to subscribe. Much like I use, it really is best practice.
Rule No. 9 – Build your list securely with a reputable email list company
Build your list around your niche, don’t be tempted to add anyone or go inviting people outside those that would not be interested, create your list and get it built right and you will not regret starting. A mailing list and how you use it will make you money, not overnight, not quickly but it will work for you and you will earn off of it. Be your own expert or rent one and use your list to promote the products. The money will build as your list does, giving you that scalable, repeatable business I spoke about way back at the beginning.
Rule no. 10 – Learn from an expert and replicate their success
Heres a good product to help you get started and build a niche list called List Building Bullet, the techniques I touch upon above are fully explained and expanded upon with a few secret weapons thrown in for good measure. Steve’s product is real a powerhouse of info and will start you out the right way and give you a head start. Go over today and have a look and it’s slahsed down to just $27 dollars (about £18) right now. CLICK THIS LINK RIGHT HERE: List Building Bullet – Mailing List Building Secrets and grab your copy today before the price rises.