How to make money fast (a seven step by step tutorials to newbies)

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default How to make money fast (a seven step by step tutorials to newbies)

Post by JmcOV on Thu Oct 13, 2011 2:11 pm


There's one question every newbie internet marketer asks . . .over and
over and over.




What are the steps I should take to make money online fast --
with zero budget and no list?




What are the steps a newbie should take to make money online

fast -- with zero budget and no list?



You know you’ve asked this question yourself and are dying to hear the
answer too, so without dilly-dallying, let’s get to it.
One warning: Do NOT be fooled by the simplicity of these answers. Each
step followed in this order is the key to making money online.
Get




Step 1:

Find people who want to buy something...



What does this mean?

It’s a huge mind shift. Think about it. If you’re like me, you probably

thought that you had to write the best eBook or create software that people

can’t live without based on your personal knowledge.



For a newbie, that’s the fastest road to failure. Do NOT create a product

first! Imagine how demoralizing it will be to spend a big chunk of time and

even more money creating something you think people want only to find

that…well, you were wrong!



That’s when most newbies quit and declare there’s no money to be made on

the Internet! Yet, some people seem to actually make six figures a year.

Are they lying? What did they do?



Find a market first!

Your personal knowledge is an incredibly valuable asset that should be

cherished. And yes, it will help you find potential markets. But it also colors

your judgment.



Don’t fall in love with your personal niche interests. Be open minded.

Good marketers, according to Mark, start with market research,

discovering common problems and providing the simple solutions.

Mark describes it as “finding a pond full of fish.” Once you find a pond,

then you must figure out what they are hungry for.



Where are the ponds? Where do large groups of like-minded and

passionate people hang out?

Search engines are a good place to start. When you find what people are

searching for, you can drill deeper to target specific groups.

Here are a few additional resources:

Google Zeitgeist – Google makes available the search statistics

that are automatically generated based on millions of searches

conducted on Google over a given period of time - weekly, monthly,

and annually – for free.

Forum research – Where do avid participants in a niche hang

out? Forums and newsgroups of course. That’s where they display

their frustrations, hopes and desires. And that’s where relationships

are built. But belonging to too many forums and managing all the

conversations can be overwhelming. Not to mention that trolling

through forums can waste a lot of time.

Keyword search – I use the free tool Good Keywords to dive

into niches to validate the size and dedication of a niche.



Step 2:

Find something they want to buy to sell it to them...

Affiliate marketers do very well when they know how to perform Step 1

properly. Once you’ve found a hungry market, it’s pretty simple to find

products to relieve that hunger.



ClickBank is a simple source for digital affiliate products for almost any

niche. You should never use ClickBank though without knowing how to

protect your vendor and affiliate links. This free special report from Mark

Hendricks walks you through the process step by step – without spending a

nickel by the way.



By far, the simplest source to find, promote and manage your affiliate

products is with a new tool called the ClickBank Account Manager.



Briefly, with this tool, you can input a keyword such as “parent” and get a

complete look at what’s available on ClickBank. Sort it by popularity,

referral percentage, price or commission. Or choose a category and find

deep information about the products in that category including instant

affiliate links and the ability to click through to the vendor’s web page.

Other affiliate programs exist, such as Commission Junction and

PayDotCom, but ClickBank is a great place to start.



Step 3:

Put together a minimal business infrastructure...

Okay, you’ve found a market and you’ve got a product. Next, you must

build the infrastructure that allows you to communicate, manage and profit

from your market.



Simpler is better at this stage of your business. (Simple is usually better at

any stage of a business.)

What do you need to make money, appear professional and start your

business?



1) A domain name – this is your “doing business as” moniker.

2) A hosting account – a third-party company to handle all the

technicalities involved in keeping your domain up.

3) An autoresponder – this is your communication channel. It

allows you to create “a list” and build a relationship with those

individuals.



People tend to get stuck here. Technical issues scare many folks who aren’t

technically inclined. The good news is that you don’t have to be technical at

all. In fact, you don’t want to be.

You’re the marketer, not the system administrator. So, we’ll tackle these

things with my recommendations. I’ve searched long and hard, used the

support folks regularly, and these companies are the winners for me.



Step 4:

Your first transaction? Convince prospects to give up their

name and e-mail address...



Let’s review.

1) You’ve found a group of people who are passionate about a topic. Using

all your newly acquired research skills, you’ve roamed around in the

forums and other gathering places listening and learning what’s important

to those people. 2) Then you searched through the affiliate programs,

particular ClickBank, to find information and products that solve the

problems of your target market. 3) And then, you’ve set up a basic system

that allows you to contact the people, present the information and capture

their info.



What’s next? Let’s build a list!



After all, building a list is the surest way to create a business. It’s an actual

asset that can be sold. Everyone says it – because it’s true – but the money

is in the list. So, everything you do should be geared toward building a list.

But why would your prospect group want to hear from you? Do they know

you, like you, or trust you yet? Nope. You haven’t established a relationship

with these folks yet.



Your goal is to get permission to talk to them so you can offer them your

products as part of the valuable content you dispense. This content

becomes the focus of your ongoing conversation.



You have to make the invitation to the conversation irresistible. You have

to exchange something of value to get permission to begin the conversation. Then, it’s up to you to keep the conversation relevant and

respectful.



Step 5:

Get your offer in front of your target audience…



There are so many methods to get traffic, it makes me tired just to think

about it. But each and every one…over time…must be addressed. There are

two classes of traffic: free and paid. Both are valid and worth pursuing.

Free traffic is a great way to start, but paid traffic, done correctly, can

bring a much more targeted and serious prospect who’s already actively

seeking what you’ve got.



Although I’m not going into each of these here (that’s what the listbuilding

program is for), you’ll get a good idea of ways to start building traffic to

your site.



Here’s a quick list of the many traffic devices.

Traffic Sources

Pay Per Click

eBay

Ezine Advertising

RSS Directories

Joint Ventures

Blogging

Offline Marketing Testimonials

Affiliate Promotions

Sales Centers

Giveaways Podcasting

Forums Unsubscribers

Articles Traffic Exchanges

Search Engines

Video

Press Releases

Co-Registration

Brandable Reports

Teleseminars

Squeeze Pages

Thank You Page



Step 6:

After the invitation is accepted…



follow-up, follow-up, follow-up.



Imagine that you’ve met someone you really like. Would you finish the

evening by saying,



“Well, that was fun. Too bad we’ll never see each other

again. Have a nice life.”

Of course not. That would be stupid! You’d make another date to get

together. You’d follow up with that person as often as possible without

becoming obnoxious.



As you meet more and more people online who share your interests and

who want to participate in your conversation, you must follow-up with

them regularly. But it’s essential to write to each person individually. An

autoresponder with personalized broadcasting capabilities makes that

possible.



Providing valuable and actionable content not only strengthens the relationship,

but puts money in your wallet as you build a deeper relationship.

The key to building a responsive list comes down to building deep

relationships. Convert that first conversation into a trusting friendly and

personal relationship and you’ve got a loyal, lifelong customer.



Lifelong customers are the ones who climb the sales ladder with you

beginning with your $5 products and moving up to the $1000 products as

they get to know you, like you and trust you.

Your goal should be to continually build as many relationships with

prospects as possible and convert more and more of them into lifelong

customers.

Building your list is the key to your success.



Step 7:

Double your profit by creating your own products...

Wait a minute! Didn’t we say in the beginning of this report that creating

your own products was a huge mistake? So, what’s different now?

With several affiliate product income streams in place, you suddenly have

an advantage over other marketers. You know what your target market will

buy. You’ve identified their passion.



You’ve proven that they will buy multiple items on the same or similar

topics.

And you’ve built a relationship that continues to improve because you’re

giving them what they want.



The next step – and a very powerful one, indeed -- is to begin creating

your own products based on what you know the customers are already

buying. Having your own products to sell creates a bunch of new

opportunities:



1) You don’t have to search high and low for an appropriate product.

You know what your customers want.

2) You can keep 100 percent of the product sales price. You don’t have

to pay the product owner 50 percent or more.

3) You ARE the product owner, so you can extend your reach by

creating your own affiliate program and have others selling YOUR

products. You retain 50 percent of THEIR sales.

4) Having created the first one, you can continue creating additional

products and become a respected authority in that field.

5) You can manage the creation of many products since you’re an

authority now. I like to outsource projects to RentACoder.

Programmers, writers, designers – they can do the heavy lifting and

you can manage the creation and retain ownership.



So that's it simply follow the step i have posted and you'll see. Remember that there's no harm in trying things you'd like to do.



Thanks for reading.. 

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JmcOV
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