Number 1 Way To Make Money Online - Most Powerful Method...

16 replies
I'm new to Internet Marketing and would like to hear some of the best opinions from those who have long term experience through Internet Marketing. My questions are:

1- What is your most effective way of generating money online for yourself?

2- Now I've heard many of the best of the best gurus say over and over to "Build your email list" (Ewen Chia, Jamie Lewis, Jeff Johnson, Frank Kern, John Reese, etc., etc..). Do you think that this is the most effective way to earn a consistent income online or make the most money for yourself or do you think that List Building is the most vital or crucial way of making a consistent income online? If so, why?

3- Facebook, Youtube, Twitter, which is best and why?


I'm just trying to learn from some of the people who have experience and really know how to make money online. Maybe this thread will also help those who are new or even those who have experience learn something new.

I would appreciate the opinions. Thanks....
#make #method #money #number #online #powerful
  • Profile picture of the author evco8
    The number one way to make money online is to get the right offer in front of the right people...period. Everything else is just methods in order to achieve that goal. List building being one of them. But even with list building its the relationship with a targeted list that will generate income for you not simply building a list itself.
    But the best advice I can give is don't concentrate on just "Making money" but instead on building a business. Because just being interested in making money makes you jump on every shiny new thing that promises to make you rich.
    I strongly suggest:
    1. Find a need
    2. Build a business around fulfilling that need
    by creating and recommending products to those people
    Through list building, social media, blogging, membership sites as well as many other traffic generation methods.
    This will create long term consistent income for you and if done right can eventually become self sustaining.
    Most successful internet marketers follow this path
    because it is proven to work.
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    • Profile picture of the author fedor50
      Originally Posted by evco8 View Post

      The number one way to make money online is to get the right offer in front of the right people...period. Everything else is just methods in order to achieve that goal. List building being one of them. But even with list building its the relationship with a targeted list that will generate income for you not simply building a list itself.
      But the best advice I can give is don't concentrate on just "Making money" but instead on building a business. Because just being interested in making money makes you jump on every shiny new thing that promises to make you rich.
      I strongly suggest:
      1. Find a need
      2. Build a business around fulfilling that need
      by creating and recommending products to those people
      Through list building, social media, blogging, membership sites as well as many other traffic generation methods.
      This will create long term consistent income for you and if done right can eventually become self sustaining.
      Most successful internet marketers follow this path
      because it is proven to work.
      This is great advice right here. Focus on building a business and you will find success online. Don't chase money, instead try to identify a need that needs to be met, offer up a solution, and you will achieve success online. It's that simple.
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  • Profile picture of the author RedShifted
    Well what I've been doing myself is learning as much about copywriting as I possibly can. I'm trying to intertwine my new copywriting skills with my more developed skills in web design.

    So I spend quite a bit of time now making landing pages/websites for various local businesses, then we dump a ton of money into ppc. The cool part here is most my money comes from commissions on sales the company makes, rather than a fixed fee on just the ppc. This type of set up has been motivating me to make killer landing pages, to get my clients CPC as low as possible, and its essentially a results oriented set up much in opposition to how most PPC people seem to work. Like they overpromise you leads, then underperform because all they care about is getting paid their monthly fee. I've talked to so many business owners who were blowing thousands on PPC and certain months weren't getting ANY leads, so I tried to develop a system where everyone would benefit.

    For me, I don't promise much of anything, but I always overdeliver. I know my monthly income will be dependent on how many leads I actually get, + commissions on sales so it makes my income entirely dependent on how effectively I work.

    There are definitely some risks to this, like certain companies burning through leads w/out closing any, but my contract is set up so the better their closing rate, the lower my commissions. Likewise, the lower their closing rate, the higher my commissions. It motivates the business to fire bad salesman and in the end everyone winds up benefiting.

    -Red
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    • Profile picture of the author theory expert
      Banned
      Originally Posted by RedShifted View Post

      my contract is set up so the better their closing rate, the lower my commissions. Likewise, the lower their closing rate, the higher my commissions. It motivates the business to fire bad salesman and in the end everyone winds up benefiting.

      -Red
      Interesting business model
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    • Profile picture of the author datingworld
      Originally Posted by RedShifted View Post

      Well what I've been doing myself is learning as much about copywriting as I possibly can. I'm trying to intertwine my new copywriting skills with my more developed skills in web design.

      So I spend quite a bit of time now making landing pages/websites for various local businesses, then we dump a ton of money into ppc. The cool part here is most my money comes from commissions on sales the company makes, rather than a fixed fee on just the ppc. This type of set up has been motivating me to make killer landing pages, to get my clients CPC as low as possible, and its essentially a results oriented set up much in opposition to how most PPC people seem to work. Like they overpromise you leads, then underperform because all they care about is getting paid their monthly fee. I've talked to so many business owners who were blowing thousands on PPC and certain months weren't getting ANY leads, so I tried to develop a system where everyone would benefit.

      For me, I don't promise much of anything, but I always overdeliver. I know my monthly income will be dependent on how many leads I actually get, + commissions on sales so it makes my income entirely dependent on how effectively I work.

      There are definitely some risks to this, like certain companies burning through leads w/out closing any, but my contract is set up so the better their closing rate, the lower my commissions. Likewise, the lower their closing rate, the higher my commissions. It motivates the business to fire bad salesman and in the end everyone winds up benefiting.

      -Red
      Now this one tells you a lot. Read it please ...............
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  • Profile picture of the author ambrown31
    I've had the best luck with original review articles & videos on YouTube. Best to show people how your product works or a check showing you've been paid on video tho.
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  • Profile picture of the author soot001
    I realize you're looking for experienced marketers, and I am not. However I'd like to tell you that theres a wealth of information on here, and if you pick what niche of marketing excites you, then I'd dig up dirt on the forum and off on other forums and internet, to find the best of the best at that one way of marketing. When you master one, you can then move on to the next. So many shiny objects, too many clicks and jumps, and you'll find yourself just trying to tread water. Weather it'd be SEO, article, blogging, affiliate, cpa, its a no brainer for me, traffic generation. Master it, and you're good to go!
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  • Profile picture of the author JoeMack
    I just find it incredibly ironic that "MarketingAce", who is a "Youtube SEO Master", is asking such a basic question.


    The name and title imply that you already know a little about this industry.

    JoeMack
    Signature
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    • Profile picture of the author Meharis
      Originally Posted by JoeMack View Post

      I just find it incredibly ironic that "MarketingAce", who is a "Youtube SEO Master", is asking such a basic question.


      The name and title imply that you already know a little about this industry.

      JoeMack

      JoeMack,

      Thank you. I was reluctant to said that.

      Meharis
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  • Profile picture of the author MKCookins
    Building a list is the best way to make a regular online income -- mainly for 2 reasons:

    1. You never have to look for traffic. When you have a list you have access to hundreds/thousands of people by simply sending an email

    2. Many people will never buy what you are selling seeing it once -- it usually takes on average 5-6 times before they consider this.

    Also, people buy from people they "know, like, and trust." Through email marketing if you provide them with free information, have their best interest at heart, and also show some of your personality -- you will get many many more sales.

    As far as Facebook, Youtube and all concerned they are just ways to generate traffic.

    What you want to do is pick 2-3 traffic strategies you think you would enjoy and master them. Combine traffic with email marketing that builds relationships = profit
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  • Profile picture of the author JensSteyaert
    I think one of the ways you'll certainly make money is this:
    - Write a blog about your passion and capture leads.
    - Create products and sell them to your subscribers.
    - Keep on adding content and do the whole social media thing.

    It will take you time but you'll have a sustainable business that will make you a lot of money eventually.
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    • Profile picture of the author pa1968
      Originally Posted by JensSteyaert View Post

      I think one of the ways you'll certainly make money is this:
      - Write a blog about your passion and capture leads.
      - Create products and sell them to your subscribers.
      - Keep on adding content and do the whole social media thing.

      It will take you time but you'll have a sustainable business that will make you a lot of money eventually.

      I agree with you. To me building a list is by far the best way to make money online. I think a really big key is to make sure your list, blog, and social media are all target marketed to the same niche. You can have multiple lists each targeting their own category. But keeping your list and marketing targeted will improve your op-ins and will increase your subs staying on your list and not opting out later.
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  • Profile picture of the author nicholasb
    1. have something to sell, either an affiliate product or your own product
    2. Lead capture page to build a list and so I can follow up with highly qualified prospects
    3. Daily traffic generation mainly with paid traffic

    That's what I've been doing for the last 6 years and I must say it works great and is a very reliable way to make money
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