Here's a good business model that has worked really well for me

Hello all,

Today I'm going to share one of my business model that has made me some good money in the past. It's a really simple setup and doesn't require too much funds to get going either.

Here goes:

First of all, the gameplan - I build a blog in a niche with a good amount of competition, I get a short report written from one of the people in my ghostwriting team, I do a giveaway on my blog which I promote a huge lot thus getting people on my list. Then, I actually get them to do what was mentioned in the report - for an example, If the report briefed on How to make $1,000 in 30 days or How to train your dog, I'll setup an autoresponder series with specific messages on how they can actually do the thing.

In between those messages, they need to buy certain things that are absolutely indispensable - for an example, hosting for a website setup, domain names etc. I rake in some affiliate commissions there and in the end when they have actually completed what the aim of the report was, I pitch them up with a membership site on a very low ($9.95-$19.95 / mo) range.

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Here is the process in details:

Suppose I picked up a niche - Making money online in general, and Website flipping in particular.

I'm going to start a blog and post a few posts there. I grab a domain name, setup an account on my dedi server and put up a premium theme on the blog. Install a few necessary plugins and we are ready to go.

Now, I'll order 30 articles @ $10 an article from my outsourcing team. Then I'll use the Wordpress scheduled posts feature to schedule all those posts on the blog on a regular time interval. (I mostly post after every couple of days!)

I'll get a short report written from my outsourcing team comprising of 15-20 pages that will normally cost around $400-$500. This report is specially designed in such a way that it serves *one single purpose*. For an example, How to make $10,000 flipping one website within 30 days. Step-by-step instructions, easy to read and something that actually makes the reader want to do it. I pay here for quality, and if you're cutting short, you may well be ruining the whole purpose.

I'll get an autoresponder series laden with 14-15 messages that go over a couple months time when I put out things in a sequence, more detailed manner where people can discuss with me anything they need to and thus I build a relationship with my list that I can leverage over time. Plus, with this autoresponder series and the personal touch, I get them to work which in results puts me in profit as they'll buy domain names, hosting, themes and other tools (for this example). People will look for the next email of yours eagerly to know what's the next step.

In the end, when the report + the autoresponder messages have served their purpose, i.e. made the subscribers do the particular thing ($10,000 through website flipping), I'll pitch them with a membership site on the low end, something like $19.95 a month. I get almost all of the people - even those who have made only $1,000 through their flip on the membership site. On the membership site, they can upgrade, buy a few things / reports / products I launch just for the members and then some more.

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Now, most of our work is set up. All we need to do now is to promote. I'll do a demo check to ensure everything is working alright and then head off to our marketing campaign.

I mainly use three tactics to drive traffic:

- Solo-ads
- PPC
- Joint Venture

Last two give you the best conversions and that's where the big money is. I find joint venture partners through Affiliate Elite and a simple Google Search for products in that niche. I'll then contact them and ask if they'd like to send a free report to their list. No opt-in required. On the end of the report, I'll something like -- For more details, Enter your Name and Email here, and link to my autoresponder. I get *laser targeted* people to my lists and thus my conversions are pretty darn good.

PPC is something I'm getting better at. I have my outsourcing team manage my campaigns. I'll usually spend more or less around $1,000 on PPC to get people on to my list and then the magic continues on from there.

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So here is the final breakdown from a recent such project (not the one in the example)

Domain name - $8.99
Hosting - It was on my Dedi, so I can't really count - but let's just say $5.
Blog setup fees - $100
Report - $400 (15 pages)
Autoresponder sequence - $997.
Solo-ads - $180
PPC - $793.80
Membership site setup - $1,500

Total costs: $3983.99

I got a total of 2794 people on my list from that particular website and the profits were something in the range of $14,000 from the affiliate commissions (I promoted about 6 products in the whole timespan).

The website is 3 months old, I didn't have to do much "work", it made approximately $14,000 and has 183 members paying $19.95 a month and 27 of them paying $49.95 a month. Total monthly revenue is about $4,999.50 .

As I promote it again, I get an influx of new members which makes some instant cash and then a few new members to the membership which makes some good cash for a foreseeable future.

I've 4-5 of those sites, some moderately successful (like this one), some failed drastically and some were amazingly successful.

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For those who are concerned about the costs, it's actually nothing. Most of the people can do that work themselves; i.e. content creation, site creation, blog setup, autoresponder etc. So the main costs for you would be what the marketing costs. And there as well, you can easily make good profits off of joint ventures which can then fund your PPC campaigns and then you can scale this up.

I hope that helped some people. It's really simple, but it works!