My Personal Stepping Stone Guide to Making $1000 A Day Online...

17 replies
This thread started as a response to someone asking how to make $1000 a day and transformed into a much longer than expected individual post of my own.

These are the exact steps I mastered (in order) to fully learn Internet Marketing. The same steps that I built my business with and earned me well over $300,000.00 alone my FIRST YEAR marketing online (nearly 5 years ago now)...

...And all Just by mastering ONLY FOUR out of nine steps listed below.

My business model is based around owning my own product in a hungry niche. Each step mentioned is a stepping stone and you will be required to learn exactly how to do each one on your own and from industry leaders in their respected markets if your smart. A.K.A. Skip WSO hype and learn from those who have made a name for themselves industry wide (Copy writing -> Dan Kennedy... PPC -> Perry Marshall... and so on)

More importantly, I have no motive to post this other than to genuinely help you if I can. I have no wso or product "coincidently" leading this post in my signature. I want to help fellow marketers, not try marketing to them

So lets get things rollin,

Expect a long year of learning, applying what you have learned and failing 80% more than you will succeed.

Master each one in this order:

1. Identifying hungry niches on your own (no one will hand a niche to you, find niches yourself)

2. Learn keyword research and pick out the best keywords for your niche with the highest consumer intent.

3.Truly try to learn how to write your own sales copy. Get your hands on guides from the legends in the industry such as Dan Kennedy, Gary Halbert, John Carlton, Yanik Silver, Frank Kern.............. Put everything you humanly can into writing a sales letter that converts to the best of its ability and things become SO much easier for everything you do.

4.Learn PPC! Many beginners are afraid of adwords for two reasons... i) they don't fully understand it & ii) It costs them money before it makes them money. This is the fastest way to send traffic to your sales page and it gives you crucial data quickly that helps propel you forward to the next phase of your business...

If long tail buyer keywords don't make a conversion after 200 clicks in a niche proven to make other people money, your sales page/copy needs tweaking. If you cannot get targeted paid traffic to convert, don't even bother waisting your time looking for ways to get free traffic.

Adwords gives you valuable keyword data you cant find anyplace else when it comes to how many people search the keywords in your niche. With conversion tracking set up you can quickly find out what keywords bring in the most traffic and what ones have the highest conversion rate.

Again Learn from the Pros about AdWords like Perry Marshall and so on.

Expand a profitable campaign to other PPC networs such as Microsoft Ad Center, Facebook, Plenty of Fish, Ad Bright.... Not all will work for every niche but everyone that does adds to your bottom line!

========================================

AT THIS POINT YOU SHOULD ALREADY BE TWEAKING
YOUR WAY TO MAKING MONEY WITH ADWORDS.
GETTING CLOSER TO $1000 A DAY WITH PAID TRAFFIC
ALONE....

========================================

5. With a better understanding of what keywords are worth going after and the knowledge that you have a site that converts... Dive into SEO headfirst, never surrender and never look back.

SEO was definitely the biggest mystery and even the gurus really held back in all their products. There are definitely methods out there gurus wont talk openly about even in exchange for a good chunk of money. I dedicated 16 hour days and 7 months solid to mastering SEO on my own and it was the best thing I have ever done... and now I know it, I keep my sites and knowledge a secret too.

In VERY basic terms, quality backlinks and patience will set you free!

6. Once you now have a converting landing page and are obtaining lots of paid and organic traffic... Implement building an email list of your buyers.

7. Develop new products related to your niche and start cross/up selling them.

8. Master email copy writing and promote your new product/affiliate/JV offers to your email list of buyers.

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AND THATS IT!!!! (read on for Bonus Step 9)

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If you have truly worked through mastering this list step by step, I guarantee you will be earning 6 figures a year and the reality of earning 7 figures will seem very real at this point. Sadly enough, most will never successfully complete step 3.

So , what is bonus step #9?

You might have heard people give methods and say Rinse & Repeat at the end of it... Well I would like to expand upon this and add a step of my own -

9. Rinse, Repeat & Outsource.

Now you have mastered every aspect of internet marketing on your own, outsource the little things that take lots of time! Train others to do things exactly how you would do them (train them, don't expect them to know exactly what you want done)

This way you get more results faster and you can free up time to put more focus into the aspects of your business that need the most attention (copy writing, Split testing, Networking)

Hope this post has helped give you a outline and direction to stick to if your serious about building an internet marketing business and not some hobby or passive side income.

Just like any career offline, there is a load of information you will need to learn and a lot of hours put in working on what you have learned after.


I wish you nothing but the best for 2011 - Both in business and in life,


Derek
#day #guide #making #online #personal #stepping #stone
  • Profile picture of the author Marksv
    Great guide!

    Just one personal opinion would be to add the collection of emails earlier on. I would personally add it as soon as you start initially driving paid traffic to your site.

    I know there's lots to focus on in the sales copy department alone, and sometimes an opt-in can take away sales if not done properly, but at the same time if you're already paying for traffic and testing, I see no reason not to at least put in some effort in capturing at least some leads who are not yet ready to purchase.

    Not sure if you'll agree or not, but it's just my humble opinion...

    Thanks for the post!

    Mark.
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  • This is a gem; a real deal. There is no short-cut to make money, you have to work hard for it. There is no "lazy method" to earn you legal money. All methods/strategies are already available free on the web, you just need to find them and learn them before you applied them. This is a secret... :rolleyes:
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  • Profile picture of the author celente
    Some sound advice above, but you forgot to mention one of the most important things.

    Noone ever got rich plugging at $27 ebook. Infact that is only recent just become a hobby of mine. Because I like putting quality stuff out there.

    I mean lets be honest to make your $27 ebook into a million dollars you have to damn well sell 37,037 copies of them! Dang! that is a lot of sales.

    But let us delve more into it. You want to make $1000 a day selling a $27 ebook, you need to sell 37 copies!! OK! It is out of reach for 99% of people... unless you have big list or an army of affiliates plugging the hell out of you.

    The verdict : and what I am trying to get at is that....people try to waist their time selling ebooks and getting rich. I mean I will not bag ebooks, i make a good living out of them, and they can make you insane money....

    However I recently took my business to the next level by selling high end program, products, coaching as my own products or as an affilate.

    Let me tell you, I tell my coaching students it is alot better to plug a $1000 product to a hungry crowd and get 1 sale then it is to make smaller $27 sales. The smaller sales is a lot of hassle.

    Just think back to our example... option A) you sell a $27 ebook, and you have to make 37 sales. Or option B) if you have a $1000 product you have to make just one sale a day.

    Think about it. I make more money doing option B. It is very lucrative. Yes it has to do with your marketing skills, but realistically if you have fair skills its about testing and tweaking your sales message copy and traffic. When you realise this, a whole new world will open up to you, like it did me.
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    • Profile picture of the author Jesus Perez
      Originally Posted by celente View Post

      Noone ever got rich plugging at $27 ebook. Infact that is only recent just become a hobby of mine. Because I like putting quality stuff out there.
      I humbly disagree. There's one marketer in this forum that's generating $3000/k - $6000/k per day selling ~20 ebooks.

      Originally Posted by Derek S View Post


      ========================================

      AT THIS POINT YOU SHOULD ALREADY BE TWEAKING
      YOUR WAY TO MAKING MONEY WITH ADWORDS.
      GETTING CLOSER TO $1000 A DAY WITH PAID TRAFFIC
      ALONE....

      ========================================
      Derek...are you a mind reader? This is the exact same business model I'm focused on for this year. PPC is my last obstacle to overcome. This is a superb post.
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  • Profile picture of the author TraciJackson
    I agree with your comment about high-ticket sales...for a new person though, I'd advocate building a list and client base by offering a $7 product and building rapport... THEN sell them the big upsell. At some point, you may want to stop coaching--so if you have a larger customer/prospect base, you've got another automatic profit center...(at prices ranging anywhere you want!)
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  • Profile picture of the author paulie888
    Great advice, Derek. IMHO, I think step 4 (paid traffic - Adwords) is the key to rapidly ramping up your online business. Without paid traffic, it could conceivably take a long time to build the type of organic traffic that would result in explosive growth of your business.

    Paul
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  • Profile picture of the author Derek S
    Thanks for the great feedback and hope this helps some of you starting out!

    celente: I made that $300,000+ my first year selling a $47 ebook, so it can be done I think. I agree about high ticket items but never start a sales funnel with them. It something I will introduce around step 7-8 once I have built trust already with my customers.

    ivana: I'm translating "still hate adwords" as "still haven't made money with adwords"?? LOL. Invest in learning how to convert paid traffic because it really is a powerful feeling knowing you can INVEST (not "spend") $1 and instantly get $2 in return. With results like this trust me, you will try and spend all the money you possibly can on paid traffic.

    Halfway through my first year of using AdWords I was consistently spending $20,000 per month on clicks but making a little over $40,000 per month gross in return (not to mention all the reward travel miles I raked in!!) If I could have invested $1,000,000 per month I would have lol But there is only so much traffic in a niche sadly

    paulie888: You're absolutely right, paid traffic is a must to start instantly making money while you are working your way to the top of google organically. But once you have both marketing methods in place, you completely dominate that market and make some serious cash-ola!!
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    • Profile picture of the author JohnMcCabe
      Derek, it's a good thing you don't have a WSO or product to flog. Keep using four-letter words like "work", and you'll never sell anything...

      Celente, if you have affiliates selling for you, you have to redo the math. If doing it yourself takes 37 sales per day, and you offer 50% commission, that means your affiliates have to combine for 74 sales per day to have the same effect.

      Originally Posted by ivana View Post

      nice steps...even after many years, I still hate adwords.... ha ha but other than that...recurring memberships should be promoted in my opinion - better then high ticket items...
      It doesn't have to be an either/or proposition. Each has a spot in the funnel.

      Even the definitions can overlap - say you promoted a membership that paid you $100/month and the average stay was 10 months, just to keep the math simple. In my mind, that's a $1,000 product...
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    • Profile picture of the author ivana
      Originally Posted by Derek S View Post


      ivana: I'm translating "still hate adwords" as "still haven't made money with adwords"?? LOL. Invest in learning how to convert paid traffic because it really is a powerful feeling knowing you can INVEST (not "spend") $1 and instantly get $2 in return. With results like this trust me, you will try and spend all the money you possibly can on paid traffic.
      could be...I've tried many courses, and still prefer article traffic, list traffic, and forum traffic over adwords... I know what you are saying but for some reason it never worked out for me.
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      • Profile picture of the author Praney Behl
        @celente, I would completely agree with you here. Its not super hard to find a niche where you can find some really hungry clients to cash in a $1000 product every day. I have evidenced such a situation, although the product was spammy, but the sales copy and the intro video, made the crowd more hungry to get their hands on it.

        The guy cashed in $200,000 in less than a week. That was my inspiring ground. Although said that, the guy did loose the credibility that he had selling a crap product, in shady practices, here I would definitely agree with Derek, starting off slower and building trust is a very important aspect to seal the deal.

        @Derek S, thanks, that is some really good information.

        Cheers!

        Praney
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        • Profile picture of the author wanna-succeed
          The OP is probably the best post I've read in the WF since I joined, top 3 for sure!
          What could it take to get you to elaborate more on SEO?
          Guys, if we all throw in 5$, I think we might be able to bribe the guy LOL.
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          No sig, good day m8...

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  • Profile picture of the author weatherforecast
    Thanks for this tips. I hope will work but it seems quite complicated. Anyway good job .
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    • Profile picture of the author CStew64
      Great post!
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  • Profile picture of the author Dennis-White
    Great info, and a very solid business model
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  • Profile picture of the author cholspogi
    Banned
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    • Profile picture of the author tehnolife
      Banned
      About the method, I think you can make good money promoting reports with good copy on adwords, but you just need to try and find a low cost keyword to make a good R.O.I
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  • Profile picture of the author Praney Behl
    I am a Web Automation specialist, I see tons of reports about various things on WSO, they have some of the amazing tricks and secrets that work.

    But you know what I like is to automate all the repetitive work that I can.

    Praney
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