We all have a financial goal for our internet businesses in mind when we get started. It may be earning your first $500 online, or it may be to become a millionaire within the next 3-5 years. It matter little what your initial goal is, though it is important that you have an objective and that you treat your internet business as a real business in terms of effort, time, networking and planning.
There are two very common numbers online marketing professionals have when they start out…$5K or $15K/month
I suppose the $5K is the bare minimum most of us start out believing is necessary to replace our current income or at least, pay the bills allowing us to spend more time operating our business. A proof that this internet business dream really does have legs and may just work after all.
The desire to reach $15K/month is a bigger goal – one that many of us see as reaching a comfort zone of between $150K-$200K/year allowing us to not only pay the bills, but to buy the extra’s, take a vacation whenever we want and put a down-payment on a dream car or dream house.Â
In summary, $15k would prove that you can move beyond “getting by” to achieving wealth creation – a stepping stone to really scaling your internet business and income turning it into something very special.
What’s most interesting to me is that there is really very little difference between earning $5KÂ online and earning $15K online…
The only difference really is a matter of scale and time.Â
If you have found a formula that works to bring in $5K/month then you have the ability to scale that to $15K/month and beyond by simply getting more money from your existing customers and expanding the model you are using to reach new customers.Â
TOWARD $15k/MONTH WITH INFO PRODUCTS
Best way is to start making money online is with info  products that are high in popularity. Where do you find these hidden gems?
You can find them by searching the 30,000+ products on Clickbank Marketplace or by finding hot topics within Amazon.
Clickbank is terrific because it naturally ranks it’s marketplace products by category, popularity and something called Gravity – which simply measures popularity in terms of how many different affiliates are selling the product – a great way to gain insight into the channels available for your niche products.
Finding popular products on Clickbank with a decent gravity (I’ve found a gravity over 50 seems to do the trick, gives you a pretty good indication that 1) The product is in demand and sells and 2) That the sales letter is decent enough to convert at 1%+ (otherwise affiliates would not likely stay promoting it.
Next, you’ll need to find a way to get low cost, highly relevant traffic to your affiliate site — this could be through PPC (though that will take a few weeks of testing to find the most profitable keywords), blogging, articles, and SEO for medium-term traffic generation.
You may find that one of these affiliate businesses brings you between $3-5K/month so you may have to either offer additional back-ends or build 3-4 of these niches to reach your goal.
With the Quick Start System inside InfoMarketer’sZone finding these $3K-$5K businesses is made simple and painless by applying a proven series of steps for identifying winning products, sales pages and quickly knowing which keywords lead directly to sales at the lowest cost possible.
Finally, you want to maximize your revenue per customer by adding additional products, services and/or recurring back-ends. Example, sell a health ebook and offer them a supplement related to your health product that pays you a recurring commission from an affiliate directory like Commission Junction (as one example).
Or offer a business building ebook followed by a back-end offer of high-priced coaching program.
Is $15K/month achievable?Â
While ramping your sales to $15K is entirely possible in the first month, it’s unlikely that you will make $15K in profit with your internet business in the first couple of months, simply because it takes time to launch sites, test different affiliate products, refine your keyword profitability and ramp up traffic generation programs — but with some work you can reach these income levels in the 3-6 month timeframe.Â
Of course, not everyone will reach these levels – a good deal of that depends on your methods of finding hot products in the first place, quickly figuring out which keywords are used by visitors that are most likely to buy (so you can focus your investment and time on these POWER keywords) and your ability to persistently scale this model to multiple products and niche markets.Â
Our Quick Start program within Information Marketer’s Zone has been designed to teach exactly this sysytem so that you can reach your income goals as quickly and painlessly as possible — the system has been used by hundreds of others to turn the most dismal info marketing businesses into thriving, highly profitable internet businesses in 3-6 months.Â
The information in this article was very informative to me as a newbie in the internet business. Thank you very much.
Making money can be compared to inertia.
Once you start, you can (an should) keep going.
The hardest part is getting started with a solid plan that works. Once a steady stream of income starts to flow… Well then, it’s just a matter of scalability.
It doesn’t really take that mush more effort to make $15K/mo than it does $5K. Just a slightly different mindset.
The key is to just get started.
Best,
-K
Kevin – that’s exactly right. The secret to making money online is matching your desire and talent with a system that can make you $1K-$5K/month and then scaling it by expanding your products and marketing.
Jeff
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