Start Your Online Business

Start Your Online Business

Basic Business Tools You Need

Learn what are the baisc business tools you need to run an successful Internet Marketing Business. Before contining to read I really want you to understand that without you personally owning website, hosting, and auto responder service to build a list you will find it difficult to near impossible to build a full time income online. The post from start to beginning will be 100% based on my experience and what worked for me and what a has proven to work for my students and other Internet Marketers.

Website Domain & Hosting

Many people would already have this and for those who have not this is a great opportunity to receive your own hosting for one months completely free of charge. After being let down by many other hosting companies I formed this company myself for my Internet Marketing friends and students knowing they have honest reliable hosting and affordable prices.

Auto Responder Service

The money is in the list and its no lie… You need one, you must build one and if not already now is the time. I personally used Aweber as my auto responder service. With Aweber have the best delivery speed and rate regarding auto responders on the market there pricing structure can become rather high as your list grows. Let me explain. Aweber offers $1 for 30 days and $19.95 a month afterwards. As your list grows, your monthly bill grows. With my current list of 50,000 my Aweber will hit near $450 this month. Its what the pro’s use and end of the day you pay for what you get.

Setting up your blog in probably one of the easiest way to get content onto a website for beginners. After logging into your website cpanel, scrool down near the end and under “Software & Scripts” you will see “Fanstico”. Click this, wait for the next page to load and on the left sidebar click “wordpress” and follow the on screen instructions. This should only take 2 minutues.

Best Plugins For Your Blog

For most blogs the basic plugins installed are and SEO Title Tag, or related SEO plugins, and a social bookmarking plugin so your blog readers can easily share your content with their friendsand Jet Pack to view visitor statics for your blog. Simply click plugins on the left sidebar in your wordpress dashboard, search and install.

Setting up your squeeze (opt-in) page

Setting up a new sales funnel is a fear of many people but given a template and a step by step video it should become a breeze. I personally use Dreamweaver which is quite an expensive program but any HTML design task can be complete in a free HTML editor called Komoser.

The easiest way to create professional optin (squeeze) & download pages like the one which brought you to this page is purchase this page a fellow marketer called Lee Mactire recommend to me.
The pack makes it as simple editing the text and placing your autorepsonder form on the page providing you with the same video squeeze templates, video sales page templates, optin in pages, confirmation pages download pages, graphics, arrows, images PSD’s and more.

Click here to view the professional squeeze page pack. (Cost $47)

Traffic To Your Optin Pages

Quality Paid Traffic

I am not advising to your go blow hundreds or thousands on your first squeeze page you build. You need to test your sales funnel to make sure it converts, and to make sure you receive a decent number of optin’s and sales to cover most of your cost.

The trick, the fastest and easiest way to grow a list in with “Quality” paid traffic & with quality comes a price of course. Remember, I added 50,000 people to my optin list, without PPC, SEO or Social Media. My main and best source of traffic was from good adswaps (which you need a list before you can start) and solo advertisements from other marketers with bigger lists.

The cost of a quality solo ad can be from $275 – $375.

Please read this part carefully!
The idea of me sharing this information is not to show you how much I earn or spend online daily but is to show you in any business you need to spend money to make money. After successfully setting up my sales funnel and testing ensuring I was getting an optin rate of 50% or over and my one time offer was converting at 2 – 3% I would buy small solos from trusted sources. Increasing the amount I would spend, the more I profited from my sales funnel.

For the past 3 months people have come to me asking how I built my list so fast, and here is the one line answer I had for each and everyone. “Buy Solos”… In January 2011 I spent a total of $6,400 on solo ads alone. Now you might be thinking I don’t have that type of money to spend or waste, nor either did I when I started 6 months ago.

Once your funnel is tested, the sources of the traffic is good and you treat your subscribers correctly you are well on your way to making a full time income online.

Solo Ad Prices

(Prices from my sources which I would regularly purchase)
250 Unique Clicks – $60 – $100
500 Unique Clicks – $125 – $175
1000 Unique Clicks – $275 – $375

What results to expect from Solo Ads

Some would tell you that you should always double your money when buying a solo ad, well if this was the case if would all too easy. Others would say you should be happy with large number of new subscribers, all this is good if you got a large bank account. I personally like and 90% success in making the cost of my solo ad back with in the first 72 hours. Its a simple return on investment which is required to make any business work. Any more is a bonus any less it was a bad investment or something went wrong along the way. Is the reason I said 90% 😉

 

Cheap or free traffic to your squeeze pages

Other forms of traffic to your optin or sales pages can come from social media, your blog, and a few safelists I recommend which do give a certain response to your advertising efforts. I’ve used each of safelists consistally for the past 6 months. Of course becoming an upgraded member increased the amount of advertising I spend but even as a free member you can get results.

One rule I always stuck with and I recommend anyone starting off to do the same. When sending out ads from sources other than your main subscriber list, the main objective should be to get the person subscribed to your list. Let the selling come when you have there name and email.

Making Money From Your List

There are two completely different ways to go about this and I recommend you go with method #1 to keep your unsubscribe rate low and build more respect with your subscribers.

Once there on your list.. Let make some more money!

Method # 1

After the subscriber has entered there name and email you should have a follow up in place welcoming them to your list, providing the link for there free download, another option also in the email to recommend another related product which you will earn commission from and your signature link is also and way to make some extra sales, which will help you pay for a profit from the services you currently use and pay for. More on that later.

Your Follow up Emails & Payments 🙂

I understand some want money quick direct to paypal, some want to earn recurring commission and clickbank products and others just like to cash out on all three. (me included).

About Clickbank Payments

With promoting clickbank products, to get paid you must wait 60 days you made the sale to receive your commission. You must also make a minimum of 5 sales to receive your check. Don’t let this scare you, once your setup and running your can this amount of sales daily.

About Paypal Payments

The quickest way to get money to your bank account of to your fund the growth of your online business.

About Recurring Payments

The best of all, the one time effort to get paid from the person for as long at they use the services. Promoting the right products to the right people this is the most powerful income of all. You can earn recurring commission pay direct to your paypal, from clickbank’s products and many other affiliate programs which generally pay out on the 15th of each month.

Method # 2

After the release of Mass Money Makers (Remember that product with jumped to the number one stop on Clickbank in days) I purchased the product and to completely honest I have not had the time to implement much of the stuff. The content in the 8 hour video series itself is amazing for anyone old or new to Internet Marketing. Regardless, one thing that stuck with me from watching the entire course was these guys attitude to subscribers.
They stated once a subscriber is on your personal optin list the first day, they are very hot, same of the first few days they are on your list, they are more eager to buy. After 7 – 10 days they are luck warm, less eager to buy and you have less chance to make a sale. Another 20 – 30 days they are tired of you an move onto to spend there money somewhere else. Don’t quote me on those words, but this was more or less what I go from it.

Who am I to argue with these guys, there content was great and they’ve made millions online. I put there stragety into play on a “new” list offer a free software download, an one time offer and 7 straight days of follow up emails selling one clickbank product launch after another.

Result : This list was a GOLDMINE… (My first time to makeover  $1k in Clickbank in 24 Hours) I was happy, but lost many subscribers.  Using this stragety as a beginner you will find it very difficult to build a list fast losing as many subscribers as you gain. Again, I recommend you go with method number 1

Create a Clickbank Account

Create a Paypal Account (You’ll need these 😉

Below are a few programs which I constantly promote in the follow up emails which generate instant paypal payment, sales with Clickbank and also earns me a healthy recurring commission.

 

Making Everything Pay For Itself

Now that you know what to promote, what converts and how you will get paid, its time to look after your expensive’s, profit from them and in time profit from using them. Let me explain. As I said you need a website domain, website hosting, an autorepsonder services (Aweber / Ebizac ) and place to find adswap partners, a place to find products to help grow your list and sell for 100% profits. This is where your signature link comes into play. You want to people to become familiar with your emails and signature and seeing the same link or comment over and over builds trust.

Example Signature I would use.

— START OF EXAMPLE SIGNATURE —

KevinFahey.Net Newsletter – Copyright 2005 – 2011
 
Best PLR Membership Site – Earn 75% – 100% Commission == > http://downloadplrproducts.com
Need An Autorepsonder Service ==> http://kevinfahey.aweber.com
 
Lets Get Social
http://twitter.com/kevinsantaponsa
http://facebook.com/kevinfahey1984
http://youtube.com/kevinfahey535
Always Here To HelpSkype : kevinfahey535
 
———-Disclaimer———-
This email is never sent unsolicited.As a valued subscriber I will send you only gifts,valuable information and only promote productswhich I believe will make you a more successful Internet Marketer. You may unsubscribe at anytime using the link at the end of this email but areno longer entitled to any of the benefits above.

— END OF EXAMPLE SIGNAUTE—

There are many advantage of using signatures in your emails, including providing more content to your subscriber, making more sales and profit, providing a disclaimer, making your email look more professional and this is proven to reduce your un subscription rate by pushing down the unsubscribe link respectfully after the main content of the email.

If you feel HTML is a breeze and putting up these pages will not be a problem I encourge you more to do this. Trial and error, living and learning. Was you get the hang of things it will be just like writting an email. Products are one thing which takes lots of time, experience and money to prefect. Why go through all that effort when you can get products you can edit, place your name up, giveaway for free, sell for whatever price you want and earn all the commission.

Hope you enjoyed this post and please feel free to leave a comment.
Kevin Fahey

 

  • Hey Kevin

    Was surfing around and thought I would check out your blog. We have known each other for 9 months or so now and know you have got a great deal to give to your fellow IM’ers, either new or experienced.

    This is a great post that really lays out the process simply and concisely for your readers to follow.

    Some great advice, I picked some great tips here myself, much appreciated.

    Cheers

    Anthony

  • Hi thanks for this, I have a long way to go It seems, I feel I am close I have over 700 comments to moderate on my blog (probably all spam) and not even worked out how to see the analytics on it yet, but I know if I can stay focused long enough it will come. I wont buy your product now, (the sales pages do leave me cold, sign up get this then more hype and buy me and no delivery, but I´ve come to accept it,) but in the future maybe I will. You have given me more to think about though, so thanks.

  • @ Anthony – Cheers mate, I’ll be checking out your blog.. I know its well worth a visit.

    @ Raymond – Thanks for comment, regarding the sales page leaving you cold.. Sorry about that. There are many products which are decent but lead by blind sales copies. Thankfully clickbank put a stop to that from the 1st August 2011 and they will no longer be approved giving us affiliates a chance to promote products with a clearer sales copy.

    @ AAA – Thanks bud, good to know it helped. 🙂