What to do with 6000$

by MM80
28 replies
Hey warriors,

I need some advice and suggestions here! In what would you invest 6000$ to
make a good 5000$ every month?
I would tend to PPC/PPV with CPA, Mediabuys or Facebook but I didn't used this before
and have no clue about it. What would you do to reach those 5000$ a month in
let's say the next three four months???:confused:
  • Profile picture of the author Mary Wilhite
    First, don't spend your money all at once.

    Get your feet wet first. You will need a thousand or maybe even a little more
    to test affiliate products that convert via PPC if you are going that route.

    Once you find a good converting product that's consistent in your test, then
    compute how much you'll spend on the remaining to make $5000 monthly and
    how much of that you'll need to reinvest to keep earning.

    By the way, when you find one product that converts via PPC, look for another one
    don't put all your eggs in one basket and don't spend it haphazardly.

    Test first before you dive.
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    • Profile picture of the author MM80
      Originally Posted by Mary Wilhite View Post

      First, don't spend your money all at once.

      Get your feet wet first. You will need a thousand or maybe even a little more
      to test affiliate products that convert via PPC if you are going that route.

      Once you find a good converting product that's consistent in your test, then
      compute how much you'll spend on the remaining to make $5000 monthly and
      how much of that you'll need to reinvest to keep earning.

      By the way, when you find one product that converts via PPC, look for another one
      don't put all your eggs in one basket and don't spend it haphazardly.

      Test first before you dive.
      Yes that's for sure I wouldn't invest evrything with onces!
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  • Profile picture of the author Irsan Komarga
    I say start small to learn from first step and spend more as you learn more.
    Golden word is focus on one thing and one thing only till you make it.
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  • Profile picture of the author PatrickP
    I would develop a product of your own, either electronic of physical, and NOT rely on selling other people's products. Far more profit in that from what I see of affiliate marketing and other IMing.
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  • Profile picture of the author XYZcontent
    Just do some keyword research, buy a good domain, get some hosting and don't spend the rest. Wait until you know what your doing to spend more.
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  • Profile picture of the author imsas
    If you're expecting to make $5,000 a month it's going to be extremely hard to do it with only $6,000 (that would be a 100% monthly return).. Save your money until you have at least $100,000 and launch a great product..
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    • Profile picture of the author im1217
      Worst advice I ever heard.

      Originally Posted by imsas View Post

      If you're expecting to make $5,000 a month it's going to be extremely hard to do it with only $6,000 (that would be a 100% monthly return).. Save your money until you have at least $100,000 and launch a great product..
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  • Profile picture of the author PatrickP
    WHAT? 100K? I had $150 launched my product and am now a multimillionaire. NO way you need 100K that is crazy.

    I never put in anymore money from day 1.
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    • Profile picture of the author MM80
      Originally Posted by PatrickP View Post

      WHAT? 100K? I had $150 launched my product and am now a multimillionaire. NO way you need 100K that is crazy.

      I never put in anymore money from day 1.
      Respect!!!
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    • Profile picture of the author im1217
      What was your product?

      Originally Posted by PatrickP View Post

      WHAT? 100K? I had $150 launched my product and am now a multimillionaire. NO way you need 100K that is crazy.

      I never put in anymore money from day 1.
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      • Profile picture of the author Bundberg
        I would recommend the following steps:

        1) Invest first in education, buy some niche marketing courses and SEO courses, just do some research on WF and Google. Learn more to earn more.

        2) Build a WP website related to your favourite niche, invest some money on outsourcing the content creation and link building, you can find great services here on WF.

        3) If you have achieved success with your website, then launch a WSO or ClickBank product about your case study and start building your list - so you can monetize it over and over.

        This process takes some time, but this is how almost all of successful marketers here in WF do.

        Regards,
        Laur A. Bundberg
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  • Profile picture of the author Aviator Joe
    I suggest you make some small PPC campaigns and get your feet wet first, forget about PPV/Media buys for now as they require a much larger budget
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    • Profile picture of the author MM80
      Originally Posted by Aviator Joe View Post

      I suggest you make some small PPC campaigns and get your feet wet first, forget about PPV/Media buys for now as they require a much larger budget

      It is better to do those campains with Adwords or would you use Facebook as well?
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      • Profile picture of the author swym
        Originally Posted by MM80 View Post

        It is better to do those campains with Adwords or would you use Facebook as well?
        I think it depends on what you are promoting. I have no luck with Facebook Ads. But I managed to get decent conversions with Adwords until my website was suspended for violating their bridge page policy.
        You get very targeted traffic with Adwords because people are searching for something. But of course provided you bid on the right keywords.
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  • Profile picture of the author Aviator Joe
    go for facebook, way easier to setup IMO
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  • Profile picture of the author Nathan2525
    Originally Posted by MM80 View Post

    Hey warriors,

    I need some advice and suggestions here! In what would you invest 6000$ to
    make a good 5000$ every month?
    I would tend to PPC/PPV with CPA, Mediabuys or Facebook but I didn't used this before
    and have no clue about it. What would you do to reach those 5000$ a month in
    let's say the next three four months???:confused:
    Invest in 1-1 coaching with a mentor who is doing $5000 p/m
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  • Profile picture of the author johnw18
    If you decide to start out with Adwords get the $100 coupon code, at least you get to try $100 before putting in any of your own money.
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  • Profile picture of the author coollife84
    Dnt waste money friend. I will suggest you only invest the money u earned . Dnt take it from u r pocket.
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  • Profile picture of the author johnw18
    By the way, If you need a $100 Google Adwords coupon code PM me (it is free, but it only works for new users).
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  • Profile picture of the author Paul Norwine
    Buy and flip sites.
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    Life is what happens when you are busy making other plans... - John Lennon

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  • Profile picture of the author Vlad Romanov
    If the answer was as simple as A B C then we would all invest 6k to make 5k every month...
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    • Profile picture of the author MM80
      Originally Posted by Vlad Romanov View Post

      If the answer was as simple as A B C then we would all invest 6k to make 5k every month...
      We probably would but I heard a lot of Success Stories with sometimes simple methods! You never know!
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      • Profile picture of the author Daniel Evans
        I'd of asked the question: I want to raise $5k every month, what would be the best investments and how much would it cost, as opposed to being determined to shift $6k outlay.
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        • Profile picture of the author PatrickP
          Originally Posted by webcore View Post

          I'd of asked the question: I want to raise $5k every month, what would be the best investments and how much would it cost, as opposed to being determined to shift $6k outlay.
          Ok so let's say he said it the way you think he should have.

          What would YOU do to raise 5K every month?
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  • Profile picture of the author Rocket Media
    Even though there is a saying "it takes money to make money" that doesn't mean that everyone who has money can make money.
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  • Profile picture of the author anthonyb
    It appears you are looking for a clockwork business, where you put X$ and get Y$ monthly. That really is not a business is a job. In reality you are likely to make Y$ one month and Z$ the other. First thing first before putting that amount into it, get yourself full informed on what the business is about.
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  • Profile picture of the author zype
    Maybe give Bidvertiser a shot.. if you setup the campaing good you can get real cheap clicks in any niche.. its CPC, cheap clicks targeted traffic. You just need to get Keywords right, The right type of add, and u can get away with very low bids.
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  • Profile picture of the author stevenjacobs
    Banned
    I would use this money so my list as fast as I could. All what he really is your Internet marketing list. Built by the most PPC, and Facebook ads. I also spend a few hundred on getting a squeeze page designed and ranked on the first page of Google so you get traffic.
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