How To Make $100,000 A Month Online Marketing
On an online marketing forum someone asked "How would you go about making $100,000 month?
Here is my answer:
Making $3,350 a day will do it.
That's actually over $100,000 a month.
First you have to be more definite about your goal.
What exactly do you want?
Are you talking $100,000 in turnover, gross profits or nett profits.
If you're talking nett profits then the turnover you have to do to make $100,000 could be substantially higher because you'll have staff costs, refunds, web hosting costs, affiliate commissions etc etc to cover.
Do you want to spend $100,000 in 30 days time because if that's the case you'll probably have to make quite a lot more than $100,000 in net profits because you will have to pay income tax on your earnings.
Depending on where you live that raises the nett profits you need to earn up to $120,000 to $200,000 in 30 days.
I would also analyze exactly what you want that money for because there are probably a whole pile of ways to get it without necessarily making cash.
Having said all that...
The biggest keys to a huge income online are:
1. Effective lead generation. You'll need a way to send a boatload of targeted traffic to your site.
If you have a perfectly optimized site and each visitor is worth $2 to you in the first 30 days that means you'll need 50,000 highly targeted visitors a month or around 1,670 visitors a day.
That's unlikely to happen with one strategy online so you'll probably need a team to handle PPC, SEO, Content adding, affiliate marketing and more.
You'll also probably have to invest a lot of time in setting up joint venture mailings with market leaders in your niche.
2. You need to optimize every visitor to your site so each visitor is worth more.
In other words improve your copy conversions, optin conversions, add back end products and sales, upsells, consider upselling your clients with telemarketing,
direct mail and other far more effective methods than just online marketing alone.
Increase the value of a visitor in the first 30 days to $4 that means you only need 25,000 highly targeted visitors a month or around 840 a day.
Increase that figure to $10 and you only need 5,000 highly targeted visitors a month or 167 visitors a day.
167 highly targeted visitors a day is beginning to sound like a possibility but you would need an astonshingly brilliant series of sales letters, offers etc to make a $10 per visitor return.
That's why looking at a far more sophisticated sales process on your site is so important along with split testing.
Usually the strategy is:
1. Spend most of your split testing effort where your leads come in.
2. Keep adding as many progressively higher priced upslls of high quality, high return products and services as you can.
Most people think of making $100,000 online as selling a whole pile of ebooks.
But it could be as simple as making 10 $10,000 sales.
Or if you were selling your online marketing services to local businesses taking 20 $5,000 clients.
Less than one a day.
No matter which way you look at it though you are going to have to work your arse off to make this happen the first time around.
And it's highly unlikely you'll be able to do it all by yourself.
But once you get your infrastructure and sales process set up it will get a lot easier.
Kindest regards,
Andrew Cavanagh
More FREE High Value Online Copywriting Secrets Than Any Other Site On Earth. Andrew Cavanagh's Online Copywriting Blog
Products From Andrew Cavanagh:
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Make $1,500 Today: This 48 Page Report Reveals
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To Online Gold. Charge Local Businesses To Explode Their Sales From Walk Past Traffic And Turn That Traffic Into Long Term Online Income (Perfect For Copywriters)
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By Selling A 30 Page Report For $7
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Here is my answer:
Making $3,350 a day will do it.
That's actually over $100,000 a month.
First you have to be more definite about your goal.
What exactly do you want?
Are you talking $100,000 in turnover, gross profits or nett profits.
If you're talking nett profits then the turnover you have to do to make $100,000 could be substantially higher because you'll have staff costs, refunds, web hosting costs, affiliate commissions etc etc to cover.
Do you want to spend $100,000 in 30 days time because if that's the case you'll probably have to make quite a lot more than $100,000 in net profits because you will have to pay income tax on your earnings.
Depending on where you live that raises the nett profits you need to earn up to $120,000 to $200,000 in 30 days.
I would also analyze exactly what you want that money for because there are probably a whole pile of ways to get it without necessarily making cash.
Having said all that...
The biggest keys to a huge income online are:
1. Effective lead generation. You'll need a way to send a boatload of targeted traffic to your site.
If you have a perfectly optimized site and each visitor is worth $2 to you in the first 30 days that means you'll need 50,000 highly targeted visitors a month or around 1,670 visitors a day.
That's unlikely to happen with one strategy online so you'll probably need a team to handle PPC, SEO, Content adding, affiliate marketing and more.
You'll also probably have to invest a lot of time in setting up joint venture mailings with market leaders in your niche.
2. You need to optimize every visitor to your site so each visitor is worth more.
In other words improve your copy conversions, optin conversions, add back end products and sales, upsells, consider upselling your clients with telemarketing,
direct mail and other far more effective methods than just online marketing alone.
Increase the value of a visitor in the first 30 days to $4 that means you only need 25,000 highly targeted visitors a month or around 840 a day.
Increase that figure to $10 and you only need 5,000 highly targeted visitors a month or 167 visitors a day.
167 highly targeted visitors a day is beginning to sound like a possibility but you would need an astonshingly brilliant series of sales letters, offers etc to make a $10 per visitor return.
That's why looking at a far more sophisticated sales process on your site is so important along with split testing.
Usually the strategy is:
1. Spend most of your split testing effort where your leads come in.
2. Keep adding as many progressively higher priced upslls of high quality, high return products and services as you can.
Most people think of making $100,000 online as selling a whole pile of ebooks.
But it could be as simple as making 10 $10,000 sales.
Or if you were selling your online marketing services to local businesses taking 20 $5,000 clients.
Less than one a day.
No matter which way you look at it though you are going to have to work your arse off to make this happen the first time around.
And it's highly unlikely you'll be able to do it all by yourself.
But once you get your infrastructure and sales process set up it will get a lot easier.
Kindest regards,
Andrew Cavanagh
More FREE High Value Online Copywriting Secrets Than Any Other Site On Earth. Andrew Cavanagh's Online Copywriting Blog
Products From Andrew Cavanagh:
Offers Unleashed: How Many Of These 17
Profit Multiplying Offers Is Your Website Missing?
Make $1,500 Today: This 48 Page Report Reveals
The Simple Step By Step System For Selling Your Online
Marketing Skills To Businesses Right In Your City
$500 In 24 Hours Without A Website: From Offline Store Front
To Online Gold. Charge Local Businesses To Explode Their Sales From Walk Past Traffic And Turn That Traffic Into Long Term Online Income (Perfect For Copywriters)
Online Gold For The Offline Business: The Definitive
eBook On How To Use Online Marketing To Power Up
The Profits In Any Brick And Mortar Business
Make My Website Sell: FREE 11 Minute Video
Insider Secrets Of Web Design That Sells
$7 Secrets: How I Made Over $3,000 In Just 7 Days
By Selling A 30 Page Report For $7
Make Money Copywriting: 34 Insider Secrets To Making Money
As A Copywriter And How To Land Your First Copywriting Client
