Welcome to the income report for September 2012!
This monthly series details how I make money online and what I’m doing to improve these numbers.
Like many online entrepreneurs, I use these reports to motivate readers and also help me analyze what’s currently working (and not working) with my sources of income.
Every report is broken down into two sections:
So let’s get to it…
Recently, I heard a great quote:
“Amazon.com is teaching people to buy a lot of little things.”
This is a great statement because it emphasizes how we’re witnessing the death throes of the traditional eBook. With Kindle books, Amazon.com provides people with instant access to downloadable information. So it’s getting harder and harder to charge premium prices for eBooks.
At first, I was disturbed by this emerging trend. But now I realize there is a completely untapped market for anyone to make money with Amazon Kindle books.
Two weeks ago, I jumped into the Kindle market with my book: How to Make Extra Money Fast on Your Computer: 55 Legitimate Ideas for Making Money from Home that Work in 2012
What I discovered is it’s really easy to make a Kindle book. The trick is to do it in a way that leads to long-term income. In this post, I’ll go over my experiences with publishing on Amazon. Plus I’ll detail a few strategies I’m personally implementing that will (hopefully) maximize the income potential from this business model…
In the last month, I’ve gotten into building small niche websites. So I was happy when Tom sent me this guest post about this very topic.
I think he provides some excellent advice here. That’s why I urge you pay close attention to the lessons that Tom has learned the hard way…
It’s amazing how much you can learn in a short space of time if you apply yourself.
In 3 short months, I ranked no. 1 in Google for several fairly competitive keywords. Then I lost it all. Now I’m rebuilding with three more sites.
When it comes to keyword research and search engine optimization, I can confidently say that I have had some tough lessons. I have made mistakes that have set me back a long way.
But that is of benefit for two reasons:
Many people wonder: What’s the secret to making passive income online?
Most of the time I’m not a fan of using the words “passive income” because I’ve never found a business that runs 100% on autopilot.
With that said, I think it is important to create multiple streams of income. This diversification prevents any “single point of failure” from ruining your Internet business.
{Click here to learn the technique I use to make over 90% of my online passive income.}
So today I’m going to talk about how to build passive online income. Specifically I’ll detail the six revenue streams I’m currently using…
Let’s be honest here. The main reason most people blog is to make money. Sure it’s fun to create content that’s really helpful to readers. However our end goal should be to increase Internet income.
Unfortunately it’s easy to forget about the business aspect of blogging. We all get sidetracked by the day-to-day activities to grow our readership.
That’s why today’s post focuses on how to increase blog conversion rates.
The purpose is to help you implement systems into your routine. Ultimately this will increase blogging revenue.
I’m often asked the question: “How do I make more money with affiliate marketing?”
This is hard one to answer. That’s because there are a number of ways to increase affiliate income.
Some you can do in a few minutes. Others require an extra level of time and dedication.
Today we’ll cover forty-five of these ideas…
Well… my first Internet Lifestyle product is finally finished. It’s been a long six months putting this course together.
The end result is I now have something that can produce lifelong passive income.
With that in mind, I want to break down the “financials” of info product creation. Specifically I’ll give a real world example of what it’s like to invest in an eBook course. (Maybe this post will give you that extra *nudge* to create your own.)
Upsells are a great way to create additional product revenue. The trick is to add extras without filling a sales page with high pressure one-time-offers.
It’s been said that a “Thank You” page is the most important piece of real estate in your Internet business. My own tests have proven that you can generate a sizable income from this single page – Even from freebie seekers.
I’ve earned (at least) $2000 each month (March to May) from my thank you page. This is from people who download my free lead magnet and are taken to a simple page with a small advertisement. There’s nothing special involved in this process; just quick instructions and an click-able image. Yet it generates a nice income stream.
Now, there is a risk when trying to monetize a thank you page. Some subscribers will instantly label you as a ‘marketer.’ Often this is the kiss-of-death if you want long-term income from your email list.
Through my experiences, I have found there are five levels of a thank-you page. Each differs in their amount of “pushy” marketing tactics. So I decided to map out these levels in this ultra-basic infographic (I’m still working my way through Tristan’s course…so it’s nothing fancy.)
Below you’ll see what’s possible with a “Thank You” page. It can be used to establish a great relationship with subscribers. Or you can turn it into a nice little profit-center. So click on this image to see what’s possible:
Many successful Internet entrepreneurs depend on their autoresponder sequence.
It’s the mechanism they use to earn a full-time income. If they didn’t have email; they wouldn’t earn a dime.
The problem with email marketing is it’s completely depended upon subscriber response.
If people aren’t clicking links, they’re not checking out your offers. And if they’re not checking out offers, you’re not making money.
So how do you fix a low response? Or more specifically; how do you turn a weak autoresponder sequence into a profit-pulling email list?
Today I’ll list fourteen answers to these questions. All of these are part of the report I’ve written: 45 tips to take your email marketing to the next level.
People join a list to get expert information. These subscribers are not your personal ATM machine. So don’t treat them that way!
I’m all about generating an income. But I also provide great content…for free. I’ve learned a simple mantra:
Getting traffic…
whether to your article, blog, landing page or affiliate offer is a huge desire for many.
Whether they are bloggers, affiliate marketers, article writers, freelancers, amazon affiliates or website owners.
The desire is for more.
More traffic. More eyes on what you write. More! More! More!!!
The problem is that getting this extra traffic can seem like herding kittens.
Welcome to another Steve Scott Site Saturday link post. Today’s post will be a quick discussion on some “housekeeping” items as well as a quick discussion on writing eBooks.
With Memorial Day just around the corner, Summer seems to be bearing down on us like an inexorable horde of zombies (Happy Zombie Awareness month!). While Spring is still here, it is time to start our Saturday chat with a little bit of spring cleaning.
Dofollow
First of off is a little change of business. Thanks to this nofollow/dofollow post by Ana, I decided to make a small change to my nofollow policy by using the nofollowfree plugin. What does that mean to most of the comments on here? Probably very little.
Right now I give away up to two links for each comment. The “name” block, which has Keywordluv enabled and the commentluv block. This new plug-in does nothing to change the commentluv block. It is still dofollow and will be for the foreseeable future.
Today I’d like to hear your thoughts on something.
It’s about a concept that’s at the core of numerous blogs, websites, and information products – Making money.
Specifically I want to know if you think it’s *wrong* to want lots of money.
Last week I was reading No B.S. Wealth Attraction in the New Economy by Dan Kennedy. There was one passage that stood out. Kennedy talked about how society loves to blame the rich for all its problems. That many people feel it’s inherently wrong to have a desire for wealth.
I’ve noticed this attitude with some people I’ve met offline. When I talk about running a blog teaching the principles of Internet income; I’m often met with suspicion…even outright dislike. Many times I can tell they feel it’s *wrong* to talk about making money online.