Wheres the big money in IM?

81 replies
I had a friend who was working in a gift shop in the Virgins, he was making maybe $15,000 but living the beach party lifestyle. Then he left the beach and went to work in NY, in the few years he was making $200k selling stocks & options. Just an average guy but determined.

So you can make a few k's selling WSO's but where is the big money and where do you go?
#big #money
  • Profile picture of the author Cassano 10
    I think the big money in the USA traffic.
    More traffic you have more money you can make.
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    • Profile picture of the author Ernest Simon
      Originally Posted by Cassano 10 View Post

      I think the big money in the USA traffic.
      More traffic you have more money you can make.
      No.

      It's unsaturated rich European countries.
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  • Profile picture of the author preets
    If you want to make big money then you have to invest lots of money . Investing in stocks is very risky but you can earn big money if you have good knowledge about stock market.
    In IM you can make big money by creating high quality products and driving lots of targeted traffic to your sales page , recruit affiliates , JV etc.
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  • Profile picture of the author Alexa Smith
    Banned
    Originally Posted by preets View Post

    If you want to make big money then you have to invest lots of money
    I don't agree with this at all. I know people who have steadily worked their way up to what most people, including myself, would call "big money", simply through affiliate marketing, starting from almost no capital outlay at all.

    The idea that you need to develop, produce and market your own products, to hit the big league in IM, is completely wrong. I started my business for under $100. Not only that, but there wasn't even a point, even in the very early, low-income days, when spending another $2,000/$3,000/whatever would have made the result any better, faster or more secure.

    Originally Posted by Big Energy View Post

    Wheres the big money in IM?
    I think it's probably in the combination of three main things: quality, relevance (targeting) and online relationship-building.

    The income potential is close-to-unlimited when you communicate regularly and effectively with large numbers of relatively affluent people who really trust your recommendations and you can provide them with (or point them toward) what they want.
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    • Profile picture of the author BambiFox
      Originally Posted by Alexa Smith View Post

      The income potential is close-to-unlimited when you communicate regularly and effectively with large numbers of relatively affluent people who really trust your recommendations and you can provide them with (or point them toward) what they want.
      Again we have a definition issue: Define "big money". That's been done before, probably not to anyone's satisfaction. But anyway....

      Some people can and do promote other people's products just great. And if you have built strong relationships with "your" public or customers who rely on you and your ideas, you can do very well, $100's of thousands a year. Many people are thrilled with $100k+ a year, no matter how they make it.

      From my own personal associations, the IMers who've returned the most for the least amount of personal time they input create or co-create products to market. Like, Jason Fladlien.

      He started right here on the Forum with nothing but his wit, personality and brilliance - sold other's products but quickly started selling his own. He's now in a whole different league than I will ever be, mainly because I like profiting from marketing to a much smaller but still very lucrative niche. For the general IM niche, constantly coming up with new products is a never-ending job too, even if you have help.

      Although many people visiting this site have a knee-jerk response to offers that promise 500K+ a year, the fact remains that almost anyone who works a little every week doing the right stuff (see post by Alexa above)- can have a reliable customer base that rewards them with $50K or more a year anywhere in the world. With truly unlimited upside if you become a star!

      Bambi
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  • Profile picture of the author mrgoe
    The real money is from having your own business.. Not aff marketing, not adsense, something that you do for you and you enjoy doing.
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  • Profile picture of the author gcbmark20
    Hi,

    It all depends on finding something that works then...

    ...Knowing whether you scale those results up enough to
    be able to make the BIG MONEY you're talking about.

    It's a bit of an "How long is a piece of string" kind of question.

    Aside from that I can only recommend that you look into building
    an email list and focusing on developing a STRONG relationships
    with that list.

    That doesn't mean taking them out for dinner or anything like that.

    Get as much information as you can on building a list and then once the
    penny has dropped...

    ...Scale up your numbers and build a bigger list ten times faster than any
    normal newcomer usually can.

    I know this is a huge topic on it's own but something I believe anyone with
    the right attitude and desire can achieve.

    Regards
    Gavin
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  • Profile picture of the author x3xsolxdierx3x
    The online world has shifted things quite a big.

    Sure, there are some ventures that require an initial/periodic injection of capital, however, like Alexa said, there are many things you can do that require little to no investment....they have little or no barrier to entry.

    The downside is, when there is little to no barrier to entry, you can rest assured that you will have to be remarkable to cut through the noise. Take stock of yourself and your abilities. In essence, the 'real' money in IM lies in meeting people's needs.
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  • Profile picture of the author competent123
    money = any one or all of these

    1 - rich dad/spouse
    2- invent something new( almost always something that solves some problems) very risky, one in 10,000 succeed
    3- financial discipline - a life long work, but if you stick to it, its 100% guaranteed to be wealthy.

    you dont' need "money" to make money( not always) you only need brains.

    now onto your main question.

    where is the money in IM - its in information, remember internet is a INFORMATION medium, it doesn't give you girls/food/or anything physical directly, its always just information.

    information on how to get girls
    information on how to grow rich
    information on how to lose weight
    information on how to do xyz thing


    always information, nothing else.

    Think about it, if you understand it, then good, if not, even then its good.
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  • Originally Posted by Big Energy View Post

    I had a friend who was working in a gift shop in the Virgins, he was making maybe $15,000 but living the beach party lifestyle. Then he left the beach and went to work in NY, in the few years he was making $200k selling stocks & options. Just an average guy but determined.
    One of the keys to success is that you observe and learn as much as you can from the types of people who have already achieved the results that you are aiming for. Spend enough time doing this, and you will start to see patterns in their mindset, and in the actions that they take.

    So you can make a few k's selling WSO's but where is the big money and where do you go?
    Big money can be made in whatever business model you as an individual decide to make it. One can argue all day long with others that it's not in WSO's, or that it is, or that it's not in affiliate marketing, or that it is, or that it's not in having your own products, or that it is, etc, (yawn) ...

    For every second we spend on those arguments however, there's someone else who is making one of those business models work for them.

    Here's a tip:

    I learned a long time ago that if all you do is: work with, hang out with, associate with people who are earning just as much as you, or less, you will rarely end up growing financially at the rate that you would like to, and in your mindset.

    Thus my advice is that if you happen to have access to successful friends, family members, internet marketers, etc, who are doing BIG money, then go and find yourselves hanging out amongst their circles, and network with them. Soon enough you will be drawn to think bigger, and to take different actions. I can guarantee you that they won't be talking about setting up their next Fiverr gig.

    Just sayin...
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  • Profile picture of the author zahanega
    Try the niches that are easy to monetize - weight loss, dating, mmo.
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  • Profile picture of the author imeasysales
    If you have an amazing product that everyone wants and a good converting landing page, the money is certainly there. Having giant affiliate sites and selling your own products is where the money is at in my opinion. Some people only bring it one product every year or so and still make tonnes of money because of their email list.
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  • Profile picture of the author Vector Graphics
    There are tons of ways to make big money online. Research the various ways and do something that you think is best for you, or a combination of options.

    People make big money from product creation, email marketing, affiliate marketing, offline consulting, selling solo ads & media buys, adsense, etc.
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  • Profile picture of the author mohsinmallik
    Wheres the big money in IM?
    Having a website which will convert for you regularly. There are several ways to monetize a website if you can build an audience for it.
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  • Profile picture of the author Fazal Mayar
    Start by making money by going on fiverr and analyzing your skills as an IM'er. From there, you can start building a WP blog or building a list and start affiliate marketing.
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  • Profile picture of the author Andrew Mak
    All the multi billion online business have the big money for you.

    adsense, amazon, ebay, clickbank, commission junction

    the problem is how to focus on 1 method and scale up the result.
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  • Profile picture of the author WillR
    The 'big' money is in solutions.

    Solve people's problems and help them get what they want... and the money will follow.
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    • Profile picture of the author nicelife
      Originally Posted by WillR View Post

      The 'big' money is in solutions.

      Solve people's problems and help them get what they want... and the money will follow.
      I agree ....

      Solve a problem better than / in a different way than your competitors, your own angle.

      and of course ... always focus on quality.
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    • Profile picture of the author katiekate
      what he said


      Originally Posted by WillR View Post

      The 'big' money is in solutions.

      Solve people's problems and help them get what they want... and the money will follow.
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      • Profile picture of the author rickdangelo
        Originally Posted by WillR
        The 'big' money is in solutions.

        Solve people's problems and help them get what they want... and the money will follow.

        - This is just true. I think most people tend to dwell on problems, more than solutions. For a successful marketer, I think you should have the "problem solver mentality." Sounds vague, but really, big money is where solutions are. It's the niche or market where you can really provide solutions to other people......
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  • Profile picture of the author BatJay
    I agree with WillR. Solving peoples' problems will no doubt make you the go to person for their problems, which will in turn fuel more desire for what you have to offer.
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  • Profile picture of the author sziszi555
    Solving peoples problems is especially good when the problems are recurring or cant be solved with buying just one product.
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    • Profile picture of the author linhuck
      The big money in IM is at the end of the sales funnel.

      Low ticket entry product to build the list, upsell to a product that is more expensive, then upsell to a high ticket item, eg, inner circle, platinum, one on one coaching, seminars, etc.

      But i also agree with WillR, 'give enough people what they want and you will get exactly what you want'

      So a combination of great product with high ticket items.

      Linden
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  • Profile picture of the author Sheila Ross
    Big money is in your plan and willingness to earn. Have faith in your plan and get going. Money will flow in. Of course, you should make a Legit money making Plan.
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  • Profile picture of the author Ron Douglas
    The big money in IM is in leverage and scalability. We all have the same amount of time in the day and limited resources. You have to leverage other people's resources, time, and efforts to really make big money. Otherwise, you're always going to be limited by your own time and resources.

    Good: Promoting other people's products as an affiliate
    Better: Having multiple affiliates promoting your products

    Good: Writing articles everyday to get search engine traffic to your blog
    Better: Having a community site (like this one) with many people adding user generated content daily

    Good: Having one email list with a content-rich promotional email going out daily
    Better: Having 10 different email lists with emails going out daily written by someone besides yourself (VAs, assistants, content contributors)

    Good: Having a process in place to build a relationship with your list and getting free organic traffic trickling in daily. (slow list building)
    Better: Having the same process in place to build a relationship with your list but also having a sales funnel that has a positive ROI from scalable paid traffic. (fast but effective list building)

    Those are just some examples off the top of my head, but the point is to start thinking beyond what you can accomplish from just your own limited time and resources.
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    • Profile picture of the author ValentinCavelier
      Originally Posted by Ron Douglas View Post

      The big money in IM is in leverage and scalability. We all have the same amount of time in the day and limited resources. You have to leverage other people's resources, time, and efforts to really make big money. Otherwise, you're always going to be limited by your own time and resources.

      Good: Promoting other people's products as an affiliate
      Better: Having multiple affiliates promoting your products

      Good: Writing articles everyday to get search engine traffic to your blog
      Better: Having a community site (like this one) with many people adding user generated content daily

      Good: Having one email list with a content-rich promotional email going out daily
      Better: Having 10 different email lists with emails going out daily written by someone besides yourself (VAs, assistants, content contributors)

      Good: Having a process in place to build a relationship with your list and getting free organic traffic trickling in daily. (slow list building)
      Better: Having the same process in place to build a relationship with your list but also having a sales funnel that has a positive ROI from scalable paid traffic. (fast but effective list building)

      Those are just some examples off the top of my head, but the point is to start thinking beyond what you can accomplish from just your own limited time and resources.
      On of the best lessons I've read on this forum, thanks !
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  • Profile picture of the author Avnery
    The big money in IM comes when you master Automation and have the ability to form Joint ventures with the Big players in the Industry.
    Once you have put together a quality product and can leverage the massive lists of the big players that's when the true money starts to come.
    Until then you will struggle just to pay for Tools like Hosting,Domains,Seo,Auto responders etc. The big players have enough money for Automating their sales funnels so they spend all their efforts on brokering Joint venture deals
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    • Profile picture of the author RetiredOldDude
      Originally Posted by Avnery View Post

      The big money in IM comes when you master Automation and have the ability to form Joint ventures with the Big players in the Industry.
      Once you have put together a quality product and can leverage the massive lists of the big players that's when the true money starts to come.
      Until then you will struggle just to pay for Tools like Hosting,Domains,Seo,Auto responders etc. The big players have enough money for Automating their sales funnels so they spend all their efforts on brokering Joint venture deals
      Spoken like a wise person who has had many real life experiences.
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  • Profile picture of the author TheProgrammer
    The simple answer is big money is in your product/ service, that would be new in market and solve people problems. Then you don't have to worry about MARKETING, people will do it automatically on complete auto-pilot via talking about your product on different places and the money will follow you.

    In mobile app niche easy example is iPhone app, suppose if your 99cent product could be bought by 1million users?
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  • Profile picture of the author rjd1265
    The real money.....Is in creating a product/service and having affiliates sell for you, not to be an affiliate!
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    • Profile picture of the author jasondinner
      Originally Posted by rjd1265 View Post

      The real money.....Is in creating a product/service and having affiliates sell for you, not to be an affiliate!
      How do you know?
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      • Profile picture of the author rjd1265
        Originally Posted by jasondinner View Post

        How do you know?
        Because I have done both

        And because I am not a moron......
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        • Profile picture of the author jasondinner
          Originally Posted by rjd1265 View Post

          Because I have done both

          And because I am not a moron......
          So what you're saying is you couldn't get affiliate marketing to work for you.

          That doesn't make you a moron though, but it also doesn't make people like me who crush it as an affiliate morons either.

          I refuse to sell my own products.

          It's just a matter of preference.

          There is more than 1 way to skin a cat, especially when it comes to making money online.
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          • Profile picture of the author rjd1265
            Originally Posted by jasondinner View Post

            So what you're saying is you couldn't get affiliate marketing to work for you.

            That doesn't make you a moron though, but it also doesn't make people like me who crush it as an affiliate morons either.

            I refuse to sell my own products.

            It's just a matter of preference.

            There is more than 1 way to skin a cat, especially when it comes to making money online.
            I made six figures as an affiliate last year and will do the same by the end of this month. So to me, that means I know how to make it work. But I have also owned a product and made substantially more than that.

            Is this always true? No...but I think most would agree than the major players out there own a product or service and have minons selling for them
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            • Profile picture of the author jasondinner
              Originally Posted by rjd1265 View Post

              I made six figures as an affiliate last year and will do the same by the end of this month. So to me, that means I know how to make it work. But I have also owned a product and made substantially more than that.

              Is this always true? No...but I think most would agree than the major players out there own a product or service and have minons selling for them
              I'm 3-4 months away from doing 6 figures per month as an affiliate. You may call that minor, but whatever you want to call it, it's a lot to me.

              There are affiliates out there who make more money in a month than most "product owners" make in a year. These type of affiliates get begged by product owners to promote their stuff and most times have to offer them more money than they pay "minor" affiliates for them to even go near their offers.

              That's the direction I'm heading in.

              So it's all relative.

              Congrats on your success
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    • Profile picture of the author Alexa Smith
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      Originally Posted by rjd1265 View Post

      The real money.....Is in creating a product/service and having affiliates sell for you, not to be an affiliate!
      I think that for most people, exactly the opposite's normally true. Here are just ten of my reasons for thinking this.
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      • Profile picture of the author rjd1265
        Originally Posted by Alexa Smith View Post

        I think that for most people, exactly the opposite's normally true. Here are just ten of my reasons for thinking this.
        I get what you are saying but think of this. Affiliate marketing is like a franchise.

        If you start a company and franchise it, you will be rich, as long as it is a good product, in demand and bla bla bla.

        So you decide to buy a franchise and have success. you will also be rich...but almost never richer than the franchisor.

        I am just saying instead of getting paid 10% - 75% of a sale to sell someone else's product, I would rather make 25%, pay an affiliate 75% and have 100 affiliates selling for me, doing my marketing, doing the shitty work such as writing articles to get sales, SEO to rank for a keyword and so on.

        Don't get me wrong, there are many successful affiliates out there but the majority of the people who make the "real money" as suggested above are the people owning the product.......
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        • Profile picture of the author blackli0n
          Originally Posted by rjd1265 View Post

          I get what you are saying but think of this. Affiliate marketing is like a franchise.

          If you start a company and franchise it, you will be rich, as long as it is a good product, in demand and bla bla bla.

          So you decide to buy a franchise and have success. you will also be rich...but almost never richer than the franchisor.

          I am just saying instead of getting paid 10% - 75% of a sale to sell someone else's product, I would rather make 25%, pay an affiliate 75% and have 100 affiliates selling for me, doing my marketing, doing the shitty work such as writing articles to get sales, SEO to rank for a keyword and so on.

          Don't get me wrong, there are many successful affiliates out there but the majority of the people who make the "real money" as suggested above are the people owning the product.......

          This is completely true. I own my products and I take the bigger cut for sure. I establish my own voice and my own market. Everyone else (aka affiliates) are the middlemen. When the shit goes down, I'm glad to be the source of what people want, not a middleman. There's tremendous power in that.
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  • Profile picture of the author thisguyal
    Originally Posted by Big Energy View Post

    I had a friend who was working in a gift shop in the Virgins, he was making maybe $15,000 but living the beach party lifestyle. Then he left the beach and went to work in NY, in the few years he was making $200k selling stocks & options. Just an average guy but determined.

    So you can make a few k's selling WSO's but where is the big money and where do you go?

    Yes can can make many Ks selling WSOs.

    The big money is in product creation and selling to that list.

    There is also big money in network marketing, which is basically get traffic to the funnel just like IM, expect you can get 100% commissions unlike Clickbank products.
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  • Profile picture of the author johnben1444
    Originally Posted by Big Energy View Post


    So you can make a few k's selling WSO's but where is the big money and where do you go?
    1. Find a market and profitable niche. It doesn't really matter if it comes from affiliate marketing or your own product/services.

    2. Establish your site around it.

    3. Get your site a good online visibility.

    4. Manage your clients.
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  • Profile picture of the author waynemoney
    The money is always in the list. It doesnt matter how much your making off of your product being able to market a responsive list will give you a never ending flow of money. Especially if you build a good relationship with your list.

    All IMrs should always spend most of their efforts building a list.
    I recommend every new Imr learns the fundamentals before they start it will save you a ton of time in the long run.

    I know its my product but SuccessLink will give you the fundamentals that mean real money online.. Check it out follow the link in my signature.

    Sorry for the pitch I just know it makes all the difference. People are in such a hurry to make money they bypass the most important things.

    Good Luck to you...
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  • Profile picture of the author Mogly
    everywhere -- stop posting on this forum and go do something... -.-
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  • Profile picture of the author alrikvincent
    The big money can be anywhere you can give value. The more value you give, the more money you make it is as simple as that.
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  • Profile picture of the author Teravel
    Many of the ideas above are great, I believe the "Big Money" is in Leverage.

    Ask anyone that's earning "Big Money".

    Can I ask... What do you consider "Big Money"?
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    • Profile picture of the author lerxtjr
      I think the keyword here is "where". To use an example, I belong to a professional club. We're always after new members as the club is small. When I took an officer role in July, I had all these plans to leverage the web. Social media, blog posts galore, all the gazillion tricks I use daily to generate traffic. How many visitors did we have to the club before last week? I think about 6. Not a SINGLE one came from my online efforts.

      People don't go to anything in person anymore, I figured. We live in a "texting" world afterall.

      So, a week ago I decided to look for groups of people in my area...that were used to going to in person meetings. Enter Meetup.com. I started a meetup group and pointed it to our club website. So far...in one week...34 have joined the group. Last "week" we had four visitors. And, this week's meeting I have "8" visitors coming.

      Apply this to your online marketing effort. "Where" exactly are your potential buyers? If you want people to buy what you're selling, no matter what it is, you have to get in front of people who are already spending money on similar things. THAT is where the big money is folks. Just took me the past week to remember that very fact.
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      • Profile picture of the author Dain
        Simply creating an actual business and not calling this a hobby.

        Most want to be high level gurus and make the big bucks am I right?

        So do what the gurus do.

        What do they all have in common???

        They ALL sell high ticket products and have some sort of franchise model.

        So...

        Sell $1,000-$15,000 high tickets products.

        And...

        Make your business scalable that others can buy into like a franchise.

        Years of struggling, just cut in half for you.
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        • Profile picture of the author jasondinner
          There are affiliates you will never ever hear about who make more money in a month than most gurus make in a year.

          In fact, when you ask these guys if they know said "guru's" name, they will most likely respond with either "never heard of him" or "yeah I've heard of him" as if they are so insignificant.

          Yet so many people put these guys on a pedestal as if they're Gods.


          Originally Posted by Dain View Post

          Simply creating an actual business and not calling this a hobby.

          Most want to be high level gurus and make the big bucks am I right?

          So do what the gurus do.

          What do they all have in common???

          They ALL sell high ticket products and have some sort of franchise model.

          So...

          Sell $1,000-$15,000 high tickets products.

          And...

          Make your business scalable that others can buy into like a franchise.

          Years of struggling, just cut in half for you.
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          • Profile picture of the author Dain
            Originally Posted by jasondinner View Post

            There are affiliates you will never ever hear about who make more money in a month than most gurus make in a year.

            In fact, when you ask these guys if they know said "guru's" name, they will most likely respond with either "never heard of him" or "yeah I've heard of him" as if they are so insignificant.

            Yet so many people put these guys on a pedestal as if they're Gods.
            I'm not putting them on a pedestal.

            I know there are a lot of affiliate marketers most have never heard of.

            I've taken Chad Hamzeh's traffic black book back in the day. You can make a killing in affiliate marketing.

            That was already said.

            I was just mentioning another angle and getting people to think about what products they buy.

            If they want to be like the owners of the products they buy.... emulate them.
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      • Profile picture of the author Justin Humphries
        Selling. No money is made until something is sold.

        I don't think it matters if it's your own product or an affiliate product.

        But it is important to have a backend. So, sell an "introductory" product for a low price, then offer other products that cost increasingly more....just make sure the value of each product is GREATER than the price they pay for it.

        With the right sales funnel and backend, you can turn a simple $25 sale into thousands.

        Always deliver value. As an affiliate or product owner, it doesn't really matter.
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  • Profile picture of the author Greg Ray
    It's really about finding where your passion, talents and skills meet profitability.

    You can be highly successful, like Lexy, with Affiliate Marketing if that plays to your strengths of identifying strong products that meet the needs/wants of your audience.

    Product Creation can be a valid approach too, as several have recommended, if you either have that inclination or are willing to pay for someone's help in it's development.

    And let's not forget Service Marketing - if you have a gift in an area of high demand, that's certainly a viable option.

    The key is to prove to yourself that the basic process of this business works - you have to KNOW that before you'll have the drive to be successful. Then determine where your passion meets a profitable niche, choose the path you'll take to build relationships with that community, and go for it!

    You can adapt your methods as you go - but taking action is critical.
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    Kindest regards,

    Greg Ray

    gregrayonline.com
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  • Profile picture of the author brettb
    The big money is made from small money that finds an opportunity.

    Like anyone who bought property or businesses in Pattaya in the mid-80's.
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  • Profile picture of the author himanuzo
    The money is on people. There are billions of people on the internet. You need hundreds or thousands of people then change them become your customers for making a good living through the internet marketing.
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  • Profile picture of the author JRJWrites
    The money's in the website. The self-hosted domain. The creating of your product plus the marketing of the same.
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  • Profile picture of the author carlamae
    Follow in the footsteps of somebody who has it figured out and is having success. I quit taking advice from newbies who are posing as huge successes. I'm only interested in the brass tax and as soon as I took that hard nosed attitude, things really changed around for me. All the best!
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  • Profile picture of the author trader909
    Banned
    build the next paypal/ebay/google and p*** all over customers but still make a fortune.

    Monopolies rule!
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  • Profile picture of the author trader909
    Banned
    it is and it isn't. it's the person trading that is the risk.

    If you want to make big money then you have to invest lots of money . Investing in stocks is very risky but you can earn big money if you have good knowledge about stock market.
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  • Profile picture of the author birdman87
    Big money's in viagra mate....
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    • Profile picture of the author birdman87
      OK I was obviously messing there.

      For me, the money is in getting out of the IM headspace. Learn some skills and figure out what you're capable-confident in doing. Then try to find a way your skills could be really useful somewhere else.

      You don't always have to be a super affiliate or adsense wizard. Is there a brick and mortor, or at least a real world business offering a real world service where maybe your services could help. Take advantage of their knowledge and expertise and just help to drive them traffic to it?

      You don't need to a form a limited company. Many people are very eager for business. Go to somebody that you can trust that has high value clients and say "if I bring you some new business will you give me a cut of it?". It could be as simple as that. That kind of approach usually takes a bit of a labour of love though and isn't an overnight thing.

      Real world business owners aren't, by definition, primarily internet marketers. Why compete with 100 other internet marketers?

      There are many many different possibilities. Just look for places where your skills can be applied and be found to be very useful. If you want to make a mint just look for high value items that create a lot of profit without massive overheads.

      Just my two pence...

      Wish you the best of luck in this super frustrating but massively reqrding (sometimes) business.
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  • Big money is in building a great site with great product.
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  • Profile picture of the author trader909
    Banned
    No money , in affiliate marketing?

    That's B*S*!

    in fact, i'd bet the biggest money makers online are aff. marketers.

    it's the system, their lists, their multiple sites with no time wasting, pain in the a**, gut wrenching, soul destroying, gouge your eyes out, wish you were dead, "customer support" That allows them to focus on one thing.........sales.
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  • Profile picture of the author trader909
    Banned
    hold the press.....Eureka!!!!!!

    Big money is in building a great site with great product.
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  • Profile picture of the author ronrule
    Originally Posted by Big Energy View Post

    I had a friend who was working in a gift shop in the Virgins, he was making maybe $15,000 but living the beach party lifestyle. Then he left the beach and went to work in NY, in the few years he was making $200k selling stocks & options. Just an average guy but determined.

    So you can make a few k's selling WSO's but where is the big money and where do you go?
    The big money is, and always has been, in eCommerce. The numbers don't lie ... $262 billion in the United States and $1 Trillion world wide. An "average" eCommerce site will make $5k - $25k per week. The established ones are making over $1 million per month.

    Affiliate products are fine for a passive income, but they aren't where the money is.
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  • Profile picture of the author trader909
    Banned
    Good affiliate marketers make >$1.5M per annum. Big money? For most = yes.

    Some people can and do promote other people's products just great. And if you have built strong relationships with "your" public or customers who rely on you and your ideas, you can do very well, $100's of thousands a year. Many people are thrilled with $100k+ a year, no matter how they make it.
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  • Profile picture of the author trader909
    Banned
    oh pleeeeeeeese..........you let your-self down here. It's simply not true to state this like it's a fact..

    Affiliate products are fine for a passive income, but they aren't where the money is.
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    • Profile picture of the author ronrule
      Originally Posted by trader909 View Post

      oh pleeeeeeeese..........you let your-self down here. It's simply not true to state this like it's a fact..
      Sure it is. How many affiliate marketers can you name that are doing more than $10 million per year? Any? Heck, how many can you name that even do one million per year? Very few.

      Compare this number to the tens of thousands of eCommerce sites that make over $1 million per year, and thousands more that make $1 million or more per month. Heck, a little site like ThinkGeek did $17 million last year and they aren't even in the top 100.

      I stated it as a fact because it is.
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      • Originally Posted by ronrule View Post

        Heck, a little site like ThinkGeek did $17 million last year and they aren't even in the top 100.
        ThinkGeek has an Alexa of 3663. That means a HUMUNGOUS amount of traffic. I can assure you there's nothing "little" about ThinkGeek.
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        • Profile picture of the author ronrule
          Originally Posted by Anonymous Affiliate View Post

          ThinkGeek has an Alexa of 3663. That means a HUMUNGOUS amount of traffic. I can assure you there's nothing "little" about ThinkGeek.
          Sort of ... they've done well for themselves, but their Alexa rank is a little misleading. Remember, Alexa favors webmasters because webmasters are the largest group who are likely to install the Alexa toolbar. And they're also the most likely audience for ThinkGeek. So it stands to reason that ThinkGeek would have an "artificially high" (or low) Alexa ranking because their target demographic is more likely to have installed the Alexa toolbar.

          The point is they started out like every other niche site - they found unique products, built a brand for themselves, and became a destination. It's a repeatable model that I teach to people all the time.
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  • Profile picture of the author trader909
    Banned
    AVERAGE? Are you on the drink early?

    NOT "average" at all! Top 0.5% maybe......

    Like saying average actor makes $5 million per annum. Most barely scratch a living.

    An "average" eCommerce site will make $5k - $25k per week. The established ones are making over $1 million per month
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    • Profile picture of the author ronrule
      Originally Posted by trader909 View Post

      AVERAGE? Are you on the drink early?

      NOT "average" at all! Top 0.5% maybe......

      Like saying average actor makes $5 million per annum. Most barely scratch a living.
      I don't count "import a giant CSV file from a dropshipper into a shopping cart" as a genuine eCommerce site. I'm talking about the people making a serious effort, actually carrying inventory and treating it like a real business, not trying to be passive about it.
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  • Profile picture of the author garyt
    If you are talking about an individual, the biggest money is definitely in the biggest market of them all - forex trading.

    But if you are talking about setting up a company and doing real business, then the money is everywhere... oil, real estate, finance, power generation.
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  • Profile picture of the author trader909
    Banned
    pleeease.......yeah forex trades billions a day all intra back., little bucket shop retail fx broker simply trades clients money, Couple mill tops. Bigger brokers more. it's 0 sums game..aka gambling.

    it does't mean because one market has a billion$+ daily turnover you can easily make a faction of that. very misguided.


    If you are talking about an individual, the biggest money is definitely in the biggest market of them all - forex trading.
    Title of thread says "I.M..clearly..." you can't trade physical crude oil online..in fact retail can't touch that market period! it's sewn up.

    But if you are talking about setting up a company and doing real business, then the money is everywhere... oil, real estate, finance, power generation.
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    • Profile picture of the author garyt
      Originally Posted by trader909 View Post

      pleeease.......yeah forex trades billions a day all intra back., little bucket shop retail fx broker simply trades clients money, Couple mill tops. Bigger brokers more. it's 0 sums game..aka gambling.

      it does't mean because one market has a billion$+ daily turnover you can easily make a faction of that. very misguided.




      Title of thread says "I.M..clearly..." you can't trade physical crude oil online..in fact retail can't touch that market period! it's sewn up.
      Ok, my bad. Missed the IM thing. Was too excited when I see "where's the big money", LOL.

      But talking about forex, it is NOT gambling if you know what you are doing. And you can really make it big if you are good. You are a trader so you should know. But that's off topic.

      In IM, forex tradng platform can make you some decent cash too.
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  • Profile picture of the author richrowley
    Money is in success. Become successful at what you do. Money will follow.
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    • Profile picture of the author JohnMcCabe
      Originally Posted by ronrule View Post

      The big money is, and always has been, in eCommerce. The numbers don't lie ... $262 billion in the United States and $1 Trillion world wide. An "average" eCommerce site will make $5k - $25k per week. The established ones are making over $1 million per month.

      Affiliate products are fine for a passive income, but they aren't where the money is.
      It all goes back to how one defines "big money" or even "IM", for that matter.

      When I read "big money", the first people who popped into my head were Jeff Bezos, Tony Whatsisname from Zappos, and other ecomm giants.

      If you take it down to the level of the one-man band (or one-woman band in many cases), or the small team, there are a lot of companies where the top sales guys make more than the CEO and drive way nicer cars than the engineers...
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  • Profile picture of the author ViViD
    Start with small goals. As you develop skills the ability to bring in bigger bucks will come with time.
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  • Profile picture of the author jaytheanalyst
    Originally Posted by Big Energy View Post

    I had a friend who was working in a gift shop in the Virgins, he was making maybe $15,000 but living the beach party lifestyle. Then he left the beach and went to work in NY, in the few years he was making $200k selling stocks & options. Just an average guy but determined.

    So you can make a few k's selling WSO's but where is the big money and where do you go?
    I personally think the big money is located in your passion.

    My mentor always says, "Perfected passion produces prosperity."

    What are you passionate about?
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  • Profile picture of the author trader909
    Banned
    ok Ron but it's still not the average. Have you looked at the books of say 1,000+ e-commerce companies to get this figure?

    ------------------------------------------
    I don't count "import a giant CSV file from a dropshipper into a shopping cart" as a genuine eCommerce site. I'm talking about the people making a serious effort, actually carrying inventory and treating it like a real business, not trying to be passive about it.
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    • Profile picture of the author ronrule
      Originally Posted by trader909 View Post

      ok Ron but it's still not the average. Have you looked at the books of say 1,000+ e-commerce companies to get this figure?

      ------------------------------------------
      I've looked at the experience of my own clients (about a dozen major brands, and 100 smaller owner-type shops), and U.S. Census data. Remember, I'm basing this on "real" businesses - meaning they identify themselves as an eCommerce business (or an eCommerce extension of a regular brick & mortar businesses), not "underwear entrepreneurs"

      According to Census data there are roughly 700,000 self-identified eCommerce businesses in the United States, and published gross revenue among them represented $242 billion, so that's an average of $6,648 per week. Now to be fair, the deck is stacked in favor of established entities (Amazon, eBay, etc.) - but those are MARKETPLACES so much of that is pass-through revenue. If I sell a $300 product on Amazon, Amazon is claiming a $300 sale but it's really only $30 for them.
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  • Profile picture of the author Greg Ray
    Kudos to ronrule for the exploration of the facts on eCommerce - it's folly to argue it's impact in the marketplace.

    I spent the last 20 years helping Fortune 100s build massive systems that make up to $2MM per day in sales, still chump change when compared to the likes of Amazon.

    Whether B2B or B2C, it's a driving force for successful companies big and small.
    Signature
    Kindest regards,

    Greg Ray

    gregrayonline.com
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