it's not easy, here's why...
Do you think setting up an online business
is easy? Think again...
Do you know what it takes to setup a complete
online business from scratch that spits out
profits on autopilot?
If it was really that easy everyone would
be making a killing online and there wouldn't
be just 1% success rate, yeah 99% people who
attempt to start an online business fail ( that's
the stats I have read all over the net ).
So what it takes to setup an autopilot system
in place. Here's what you will have to do
to get started...
1. You will have to research a profitable niche.
2. You will then have to setup a list building
machine. To do this you will need...
* A free giveaway to give your subscribers.
* A high converting well designed squeeze page.
* Follow up emails to promote your products.
* Content emails to keep your subscribers interested.
* Relationship building system to build trust and
relationship with your list.
To setup your website and list building
machine you will need...
* A well designed site. For this you will have to
probably hire a website or a graphic designer if
you're not technically sound.
* You will need a domain name and hosting service.
* You will need an autoresponder, this is very
important.
* You will require an affiliate management system
so you can recruit your affiliates or JV partners
in future.
3. You will now periodically survey your list
and ask them their problems and get product ideas.
4. You will have to go about creating your own
products. If you thought that just 1 product will
be sufficient, think again...:confused:
Your first few products in your funnel will just
break even your advertising cost, you will need
atleast 10-20 solid products to boost your profits
per lead.
5. You will have to drive traffic to your squeeze
page from various sources.
6. You will have to communicate with your list
and build solid relationship with them so that
they open and read your emails and click through
your links.
7. Here are the 3 types of products that will
generate bulk of your revenue...
* You will have to create high ticket products
in the range of $500 to $1000.
* You will have to create membership sites to
drive recurring income.
* You will have to build a high ticket coaching
program of around $2000 per year to boost your
overall profits.
The reason you will have to create high ticket
products, membership sites and coaching program is
because your bulk of profits will be made selling
these 3 things. Your $27 ebooks will only break even
your advertising costs and will not generate huge
revenue for you.
8. You will have to test every component I have
mentioned above...
* You should know your squeeze page conversion rate.
* You should know the sales conversion rates of
every product in your funnel.
* You should know your email open rates and click
through rates.
* You should test whether you're doing the right
job to build trust and relationship with your list.
* You should test everything above with individual
traffic sources. You will have to setup individual
tracking systems for each of your campaigns.
* You should know what is the value of every visitor
coming to your website.
* You should know the value of every lead your site
is getting.
* In short you should know how much your site is making
for every $1 you're investing in each of your traffic
generating systems.
9. Once you have your numbers you will now scale
up your system. If $1 you invest in article marketing
generates $10 in the span of 6 months from your entire
system you have created above, then you can now start
investing $1000 and generate $10,000 in revenue easily.
At this stage you can start outsourcing your entire
system and let it work on autopilot.
10. Now you will have to reinvest your profits back
into your system and make it more powerful and increase
its speed to even further extent.
Let me be real blunt, this type of system takes
months if not years to develop, test and tune it
to such an extent that every dollar you invest in it
will convert into $10.
It took me 5 years of research, 1.5 years in development
work and near about $20,000 investment to setup and
tune such a system. Not to mention going thru huge
amount of information overload, get rich quickies and
overnight millionaire schemes and wasting thousands
of hours and dollars on hyped up courses.
The real reason why 99% people fail online is
because they cannot setup such a system on their
own as it is a real pain in the wrong place...
And after putting in this kind of efforts there is
no guarantee you will succeed, you have to be really
persistent and have loads of patience to take it
till the end.
However, that's my personal experience and I may
not be right...
- It would be great if you can share your own system,
experience and thoughts...:rolleyes:
is easy? Think again...
Do you know what it takes to setup a complete
online business from scratch that spits out
profits on autopilot?
If it was really that easy everyone would
be making a killing online and there wouldn't
be just 1% success rate, yeah 99% people who
attempt to start an online business fail ( that's
the stats I have read all over the net ).
So what it takes to setup an autopilot system
in place. Here's what you will have to do
to get started...
1. You will have to research a profitable niche.
2. You will then have to setup a list building
machine. To do this you will need...
* A free giveaway to give your subscribers.
* A high converting well designed squeeze page.
* Follow up emails to promote your products.
* Content emails to keep your subscribers interested.
* Relationship building system to build trust and
relationship with your list.
To setup your website and list building
machine you will need...
* A well designed site. For this you will have to
probably hire a website or a graphic designer if
you're not technically sound.
* You will need a domain name and hosting service.
* You will need an autoresponder, this is very
important.
* You will require an affiliate management system
so you can recruit your affiliates or JV partners
in future.
3. You will now periodically survey your list
and ask them their problems and get product ideas.
4. You will have to go about creating your own
products. If you thought that just 1 product will
be sufficient, think again...:confused:
Your first few products in your funnel will just
break even your advertising cost, you will need
atleast 10-20 solid products to boost your profits
per lead.
5. You will have to drive traffic to your squeeze
page from various sources.
6. You will have to communicate with your list
and build solid relationship with them so that
they open and read your emails and click through
your links.
7. Here are the 3 types of products that will
generate bulk of your revenue...
* You will have to create high ticket products
in the range of $500 to $1000.
* You will have to create membership sites to
drive recurring income.
* You will have to build a high ticket coaching
program of around $2000 per year to boost your
overall profits.
The reason you will have to create high ticket
products, membership sites and coaching program is
because your bulk of profits will be made selling
these 3 things. Your $27 ebooks will only break even
your advertising costs and will not generate huge
revenue for you.
8. You will have to test every component I have
mentioned above...
* You should know your squeeze page conversion rate.
* You should know the sales conversion rates of
every product in your funnel.
* You should know your email open rates and click
through rates.
* You should test whether you're doing the right
job to build trust and relationship with your list.
* You should test everything above with individual
traffic sources. You will have to setup individual
tracking systems for each of your campaigns.
* You should know what is the value of every visitor
coming to your website.
* You should know the value of every lead your site
is getting.
* In short you should know how much your site is making
for every $1 you're investing in each of your traffic
generating systems.
9. Once you have your numbers you will now scale
up your system. If $1 you invest in article marketing
generates $10 in the span of 6 months from your entire
system you have created above, then you can now start
investing $1000 and generate $10,000 in revenue easily.
At this stage you can start outsourcing your entire
system and let it work on autopilot.
10. Now you will have to reinvest your profits back
into your system and make it more powerful and increase
its speed to even further extent.
Let me be real blunt, this type of system takes
months if not years to develop, test and tune it
to such an extent that every dollar you invest in it
will convert into $10.
It took me 5 years of research, 1.5 years in development
work and near about $20,000 investment to setup and
tune such a system. Not to mention going thru huge
amount of information overload, get rich quickies and
overnight millionaire schemes and wasting thousands
of hours and dollars on hyped up courses.
The real reason why 99% people fail online is
because they cannot setup such a system on their
own as it is a real pain in the wrong place...
And after putting in this kind of efforts there is
no guarantee you will succeed, you have to be really
persistent and have loads of patience to take it
till the end.
However, that's my personal experience and I may
not be right...
- It would be great if you can share your own system,
experience and thoughts...:rolleyes:
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