Can you earn $5,000 to $10,00 a month giving away what other marketers sell?
This is a simple way to increase your income online and will work in a variety of niches.
Here’s how it works.
- STEP 1: Select your area of expertise. Find an area of expertise that you can create a course about. For example, a course on how to open an online trading account or how to create a lead magnet or marketing funnel.
- STEP 2: Use the course as a lead magnet. Instead of selling the course, give it away for free in exchange for the user’s name and email address. If the course is substantial and has many modules, you can also request their mailing address. It’s called a lead magnet as this free offer attracts the right leads just like a magnet would attract specific objects.
- STEP 3: Promote your free course. Use professional looking ads, banners and online landing pages to attract more leads. Focus on strategic paid advertising that allows you to target people who are interested in this kind of training. Placing ads on advertising networks, and social media will increase your exposure.
- STEP 4: Provide value with follow up. Once you have the user’s email, follow up with emails that summarize what is mentioned in the course. Each day you can highlight one specific area of the course and remind the users why they should examine the course more closely.
- STEP 5: Make money. In your course and follow up emails, feature specific products and services that solve a problem for your new leads. To follow the tips in the course and follow up emails, your followers will need to get these products and services.
What to Offer
If you have your own solutions like more advanced training, workshops or services, you can mention them in your course and follow-up. Since your followers already had a chance to sample a free course from you, then they are more likely to trust you and take your advice on a paid product this time.
But if you’re like me and prefer more time and location freedom, then focus on promoting affiliate offers that pay you a commission instead.
Creating your own advanced products is very time-consuming. Services take up even more time. Why create your own when there are many people who have solutions but don’t know how to promote and sell them?
There are thousands of products you can represent as an affiliate. You don’t have to create the more advanced products and services yourself. Simply choose products and service providers you trust and see if they have an affiliate program you can tap into.
The best offers to promote are membership services that pay monthly commissions. These are called continuity programs as they provide continuous income. That’s called residual income.
As you get more followers to follow your advice and sign up for these affiliate offers, your income will start to increase month after month… by working less!
That’s the power of affiliate marketing!
To increase your income online, add affiliate marketing to your online income strategy!