Once you’re financially stable, I hope you start giving back. It feels good and people like the idea of supporting a good cause (they will be more likely to click your affiliate link in your disclaimer). This also means you don’t have to use as many links in your content and risk getting a penalized. Last year I donated $3,000 to Red Cross At Hurricane Harvey.
The audiobook industry is booming, yet only 5% of books ever get made into audio format. If you’ve got a background in acting, or if people have said you’ve got a voice made for the radio, you can make extra money recording audio versions of independent and popular books. Sites like ACX connect authors with audiobook performers. So, whether you’re an author looking for more ways to sell your book, or an actor/voice actor looking to make some extra income, you can sell your services online.
Great and valuable content. I’ve been guilty of the hit and run method with Clickbank myself. I have also thought of why in the world am I building someone else’s list and figured i needed to get a mediation process between the landing page and the sales page of the product promoted. This is right on the money with your post. very valuable stuff indeed.
Epic post! I’ve been hunting around various sites like Pat Flynn’s and others, but they never put everything together as you have. Now it starting to make sense for once. So, I’m a newbie and don’t even know the different between internet marketer and digital marketer or what this type of business is even called. I just want to learn this business and create a small passive income online in any niche. Because I know very little, I was actually planning to use this very same Sales Funnel in your diagram and all the tools mentioned to make my first couple of bucks online.
Amazing and thorough breakdown of how it all works! Thank you so much for sharing! a group of 3 friends myself + 2 are about to start affiliate marketing together. Since many advertising rules have changed with affiliate marketing (facebook ads etc.) and many articles have not been updated since, weʻd love any advice or suggestions you have for 2018!
(That's why some of those products have such high gravities, of course: it's not that they're selling well - it's the fact that so many people just buy one copy, each through their own hoplink, so the gravity rises and rises and rises, though the sales numbers may actually be comparatively small, compared with many of the products I'm promoting with gravities around 5 or so, some of which are selling by the thousand. But I digress ...).
Rent out a parking spot. If you live in a busy or congested area and have parking to spare, you might be able to rent out your parking space for some quick cash when you’re not using it. Simply advertise your open parking space online including details on the location, whether it’s covered or uncovered, and your desired hourly, weekly, or monthly fee. If you want, you can even use a site like Just Park or download the Spot App to reach more potential customers.
Multi-vendor marketplaces, like ThemeForest, can be very successful. Chose a niche and create a vendor website for it. Your marketplace could be anything, from a platform for local artists to sell their work on, to an online digital product store. Once set up, invite people in that industry to sell their products on your site. You take a percentage of their profits when items sell.
I`ve had only negative experiences with clickbank. I`ve only ever sold one 33 dollar digital product. The kicker is that about 5 weeks later, it got refunded! Quality really is a big issue with these products as you said. Thanks for finally explaining “gravity.” Now I`ve got a great way to judge what is quality and what isn`t. One question thought, does gravity take into account refund rates?
Using a food delivery service can’t necessarily earn you money, but it can help you save you money if you constantly find yourself throwing out half the food you buy. Food delivery services send a box of food every week with new, sometimes unique vegetables, meat, fruit, and so on. If you don’t have time to shop and want simple meal-prep that leads to a good meal, a food subscription service may be perfect for you.