How I Made $6k In Jan 2009

32 replies
Hey everyone,

Long time no post.... but for very good reason.

I'm working hard to boost my income - I'm at a plateau and am working on busting it through the roof (if you wanna see how, just follow me on Twitter).

With the whole "offline" thing taking up chunks of this forum, you could be forgiven for thinking that IM was dead... but it's far from it... and the best thing is that any one can make moeny right now.

It just takes 2 things:

1) Selling something that people WANT.
2) Getting that product in front of people's eyes.

That's IT.

So here's how I used that to make $6k from scratch last month:

1) Found a large market who buys a lot of products every day.
-- Check out the Clickbank marketplace and see what's selling a LOT

2) Created a premium product in that market
-- Didn't go for copycat approach, I made a product which I could sell for slightly more

3) Advertised on Digital Point Forums to get affiliates
-- This was kind of a mistake because I should have tested... but I still attracted a few peeps with email lists to blast my product out for me

4) Started getting flow of traffic & sales!!
-- Because I based the product on ones which were doing really well, I could rely on the "formula" to get me sales, so I just needed traffic. In future projects, testing is going to be paramount.

5) Flipped the site
-- Some of you may think this was "crazy" but I'd rather have money in my pocket than "cashflow". I can't go on vacation with "future earnings" can I??

Now I'm working on a bunch of more products.

Simple, eh?

All you gotta do is make something that people WANT and then get it in front of them.

Hope this inspires peeps. As I mentioned, I'm going to start to build a bigger presence in IM this year.

Follow me on Twitter and ask me ANY questions you want.

Rich

PS - not telling the site because that wouldn't be fair on the new owner sorry.
#$6k #2009 #jan #made
  • Profile picture of the author emjayce
    Awesome quick money strategy!

    The money is in...

    Your own product
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  • Profile picture of the author richpeck
    Thanks for the replies

    If you want any specific ideas / help etc then hit me up on Twitter.

    I'm no guru but I can sure try to hep you :-)

    I've been at it long enough.... even though I am full time at 19.
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    • Profile picture of the author richpeck
      Originally Posted by jodib View Post

      Sounds good to me...

      Can you elaborate a bit.. You said you can help, What do you mean by that?

      Regards,
      Well if you're struggling with something just ask me and I'll see if I can shed some light :-)

      r
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  • Profile picture of the author WebFlip
    I dig it! Congrats on the flip. I'm with you on the cash in pocket vs cash flow (I personally love extended vacations)
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  • Profile picture of the author Richard A.Cox
    Originally Posted by majidmaskat View Post

    hey i am 19 too and i am making $2000 a month doing nothing
    OK, that's just not true now, is it?
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    • Profile picture of the author majidmaskat
      why do you mean "that's just not true now is it"...i don't understand you i am a young 19 year old making $2000 a month doing nothing, i worked my ass of last year building the payout plan.?
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      • Profile picture of the author Richard A.Cox
        Originally Posted by majidmaskat View Post

        why do you mean "that's just not true now is it"...i don't understand you i am a young 19 year old making $2000 a month doing nothing, i worked my ass of last year building the payout plan.?
        A payout plan for what?
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  • Profile picture of the author GeorgR.
    ahah...i bet it was one of those "my car runs on water and i use the sun to power my computer" sites?
    where did you flip? SP?
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    • Profile picture of the author richpeck
      Originally Posted by GeorgR. View Post

      ahah...i bet it was one of those "my car runs on water and i use the sun to power my computer" sites?
      where did you flip? SP?
      Yes it was Sitepoint - it's the best place for higher value sales.

      The bottom fell out of that market with the whole crash in oil prices, so it wasn't that market.

      I'm not going to reveal the market or site because it would be unfair on the new owner. If I still owned it and made $6k without selling, it'd tell you more.

      Let's just say that the market has got products in the top 10 of Clickbank's products.

      Rich
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  • Profile picture of the author Richard A.Cox
    Originally Posted by majidmaskat View Post

    aigtt....still....
    You may like to elaborate a little as that reply is meaningless.

    Also, rather than two or three one sentence answers, try being more fulsome with your answers otherwise some may suspect post count boosting.

    So, getting back to the question, you claim to be making $2000.00 per month doing nothing.

    Would you like to share with us exactly how you are achieving this staggering result as I have yet to meet anyone who earned anything at all by doing 'nothing' (which is an impossibility by the way).
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    • Profile picture of the author RichOnlineCEO
      Originally Posted by Richard A.Cox View Post

      You may like to elaborate a little as that reply is meaningless.

      Also, rather than two or three one sentence answers, try being more fulsome with your answers otherwise some may suspect post count boosting.

      So, getting back to the question, you claim to be making $2000.00 per month doing nothing.

      Would you like to share with us exactly how you are achieving this staggering result as I have yet to meet anyone who earned anything at all by doing 'nothing' (which is an impossibility by the way).
      You have pertinence my friend. I would of already told him and his MLM links in his sig which cliff they can jump from

      On regards to this thread...

      I don't think flipping the site was a good idea unless you really need the cash or if the business is not going to make money later

      Also do you make this amount of money every month?
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  • Profile picture of the author GeorgR.
    then you're the one with the HB site for W... ?

    But..n/m..its not the point. The point is that i always think if someone sells a clickbank product site, the product might not sell well, that's why he's selling it
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  • Profile picture of the author jrailsback
    Excellent post, Rich. I'm going to follow you on Twitter. If you follow back I'd appreciate it. I'm doing this exact thing with a group of people from these forums, and I'd love to hear any tips or advice you have and discuss this with you either via PM or Twitter.

    Thanks again for the post!

    My twitter account is under my avatar...
    Signature

    Please read the sig file rules

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  • Profile picture of the author Bruce NewMedia
    Congrats Rich, thats a very impressive result -especially in such a short time.

    If you don't mind me asking, what kind of dollar revenue was the site bringing in before you sold it?...and did you ever give consideration to hanging onto it and just 'snowballing' the revenue?
    ______
    Bruce
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    • Profile picture of the author richpeck
      Originally Posted by brucerby View Post

      Congrats Rich, thats a very impressive result -especially in such a short time.

      If you don't mind me asking, what kind of dollar revenue was the site bringing in before you sold it?...and did you ever give consideration to hanging onto it and just 'snowballing' the revenue?
      ______
      Bruce
      hey Bruce,

      It was bringing in $550 a month which was great for a site >1 month old in a niche I had no previous presence in.

      Better still, it was all affiliate driven sales, so I was only paying for the traffic that converted (in commissions).

      I'm not going to say "it was a walk in the park" but if you follow the basic principles I outlined in the original post, you'll stand to make a lot MORE money than if you did otherwise.

      --Thanks for all the replies!!

      Rich
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      • Profile picture of the author Steve Sanchez
        I followed on twitter. Could not really tell what you are doing. It looks like someone else made the product and is selling it?
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  • Profile picture of the author rsteadm2
    Originally Posted by majidmaskat View Post

    hey i am 19 too and i am making $2000 a month doing nothing
    I wish I had these opportunities to sit at home in the AC or Heat and make money with my brain when I was 19.

    You may never have to know what it is like to have a "JOB"... Isn't that just incredible?

    Ray S.
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  • Profile picture of the author artsub
    Nice plans, yeah thats right more traffic on ur site will pay u more.
    Anyway Hard work pays sooner or later.So, keep trying and work hard.
    Thanx
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  • Profile picture of the author richpeck
    Thanks dude

    But you got to remember to work hard at the right things.
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  • Profile picture of the author Shakul
    How did you got traffic?

    Thanks
    Shakul
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  • Profile picture of the author Sakkid
    If i can get more details from you on twitter,how about just finishing up right here?
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  • Profile picture of the author Ivancho
    Originally Posted by majidmaskat View Post

    hey i am 19 too and i am making $2000 a month doing nothing
    Yep how do you make $2k with out doing anywork ?

    This is not possible. You can make $2k but first you must put some work in it to get into this level. And then I consider the site or whatever is on autopilot ?...
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  • Profile picture of the author Stuart Stirling
    wow..you sold it?
    I guess its up to you but I would
    prefer a cash cow bringing in the
    sales..so I can make everyday a
    holiday

    Stuart
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    • Profile picture of the author yesacpow
      I wouldn't have sold it either.

      If it was a hot market I would just keep recruiting affiliates and watch the sales come in.

      Also once I start climbing in gravity more affiliates would want to promote the product.
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  • Profile picture of the author BradCarroll
    Originally Posted by richpeck View Post


    3) Advertised on Digital Point Forums to get affiliates
    -- This was kind of a mistake because I should have tested... but I still attracted a few peeps with email lists to blast my product out for me
    How was this a mistake, and what is it you're saying you should have tested. Are you sayign you should have tested where to get affiliates, and the mistake was getting them at DP instead of elsewhere? Or...
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  • Profile picture of the author Nathan Hangen
    I'm curious if you created the product on your own or outsourced it. Did you have any experience in the niche you used or did you just "fake it?"
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  • Profile picture of the author rankqu
    i understand.. money is in your own product..

    what kind of research you did to toplist that one very own product that can get you affiliate or direct sales income..? just curious.

    appreciate some knowledge transfer..
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  • Profile picture of the author Gary Huynh
    It's not just about finding a good market, having a product and sending traffic. You need a good offer, and a good way to convey that offer.

    When you're flipping a site that is profitable after a while, what you're selling is your test data. If you use PPC to drive traffic and you sell your site along with the profitable PPC keywords, then you're saving the new owner from having to spend money on testing for profitable keywords.

    This is a good method to go if you're in need for some quick cash but if you want a long stable income then keeping your site is the better way to go.
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    Living the internet lifestyle!
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