TAP into the Backend Automatically

As you’ve already discovered from the previous two paths to riches, the money isn’t in your products… it’s in your list.

And the easiest money you’ll ever make is by selling more products and more expensive products to your existing customers (i.e., sell on the “back end” of your business).

Smart marketers spend considerable amounts of time building their sales funnels (back end sales systems).

They know the hard part is getting the prospect into the funnel – but once the prospect starts buying, they’ll continue to buy provided you’re solving their problems and giving them a good buying experience. 

And so savvy marketers are constantly coming up with new ideas, creating new products, and figuring out ways to convert their existing customers into repeat buyers. Now imagine if you could sell a product to your customer once… and then do so automatically every month after that, with no additional persuasion on your part. 

Would that make it easier for you to run your business? And would you be able to make a whole lot more money? Yes and yes!
Fortunately, there already exists a way for you to tap into the back end income automatically and effortlessly.

Namely, by creating a monthly membership site.
Here’s the idea – Instead of selling a new product to your customers every month, you set up a membership site with a monthly fee. Your customers are billed automatically. And all you have to do is update the site once a month. You can even outsource this task, meaning you’re earning a residual income almost on autopilot!

Just imagine setting up a membership site with a $20 monthly fee and getting just 500 customers. Each and every month your payment processor rebills these customers, and you earn another fast $10,000!

Here are just a few ideas for membership sites you could set up: 

• A site that offers a service  , like web hosting. Or you could offer something like sales letter critiques or college essay critiques. 

• A site that offers lessons on a topic  . For example, you could have a six-month or twelve-month course on how to get an online business up and running. Or you could offer a course on something like how to do home repairs and maintenance. 

• A site that offers a new product each month  . Think of Time Life books here or the “Wine of the Month” club. Every month the customer receives a new product, and it doesn’t have to be a physical product. It could be a series of related eBooks – perhaps “how to” nonfiction books, or a “romance eBook of the month” club! Those are just a few ideas. You’ve no doubt been a part of some of these sites, such as sites that deliver new software to its members every month, sites that offer large discounts on niche products, sites that offer private label rights (PLR) products to resell, and so on.

All you have to do to get started is:

1)Choose a hungry niche.

2)Find out what they’re already buying and what they want.

3)Set up a membership script and payment processor.

4)Set up a squeeze page and a sales page.

Obviously, there are a lot more details to it than that, but this is the general path you’d take in order to setup a membership site.

The best part of it is this:  customers pay you monthly on automatic rebills!

RECOMMENDED RESOURCE:  

Would you like to have your own membership site setup in as little as 48 hours with only ONE article written?    

http://www.ritarecommend.com/godaddy

TEAM Up With Other Marketers

If you like the idea of making a lot of money, but you do not like the idea of creating your own products, then – You may want to consider affiliate marketing.

Affiliate marketing is when two marketers come together – one with a product and one with an audience – and they split the profits on all sales they make together. 

The affiliate sends traffic to the product creator’s sales page, and the product creator closes the sale and gives a commission to the affiliate for every paid referral. You can become an affiliate for nearly anything – from Dell computers to beer-making machines to books and products on sites like Amazon. 

However, when you’re an affiliate for physical products, you generally receive a small commission – perhaps only 5% or 10%. That means if you’re selling a $100 product, you’ll only get $5 or $10 for every paid referral you send to the merchant. 

Important: Don’t discard affiliate marketing just yet. You see, if you promote downloadable products like eBooks, you can get as much as 50%, 75% or even a full 100% commission for every product you sell! Now imagine those sorts of commissions on a $100 product, and you can see how the money can pile up pretty quickly in your bank account.

Here’s an overview of how to make your fortune with affiliate marketing:

1) Find a hungry market. Some people find a product and then go looking for a market. A better way to do it is to find a hungry market that’s flush with cash first (because finding a product is the easy part).

2) Find out what this market is already buying. The easiest way to make money online is to sell what people are already buying.

3) Find suitable products. Go to Clickbank.com to browse for affiliate products that are similar to what the market is already buying. Be sure to read the products and research the merchant to make sure you’re dealing with a good merchant.

4) Set up a lead-capture page. NEVER send your leads straight to the merchant’s page. Instead, set up an autoresponder series and a related freebie (like a free eBook) to get all leads on your mailing list. THEN you can recommend that those on your mailing list purchase certain products.

5) Start sending traffic to your lead capture page. Use pay per click marketing, search engine optimization, article marketing, blogging, social media marketing, forum marketing, viral marketing and similar strategies. 

That’s it! Just build a list of targeted buyers, find affiliate products that solve their problems, and recommend those products.

Just like that, you’re on a path to $10,000 a month!

RECOMMENDED RESOURCE:  

http://www.ritarecommend.com/roycater

Step by Step Guide

Remember that most of what you see on the list below can be outsourced to competent freelancers:

1) Research the market to ensure your idea is profitable. Your goal isn’t to find a market and give them a product that requires them to first be educated about why they need this product. That’s the long, hard and expensive way of making money. Instead, your goal is to choose a hungry niche… and then give them a product that they’re ALREADY buying.

2) Research the competition so you can develop a better product. Now, you don’t want to just give your market the exact same product as the competitors are delivering to the customers. You want to make your product unique – and you want to make it better. So your next step is to research the competitors’ products to discover how you can improve upon the products the market is already buying.

3) Create the product. Next, it’s time to take action. Shut the ringer off on your phones, lock the door, close your email… and start typing. Start with an outline and a goal to write XXX of words per day. Then keep typing until you finish your eBook – don’t worry about editing, because you can do that once the draft is finished. 

Quick Tip: If you don’t like to type, then try a voice-to-text product like Dragon Naturally Speaking. If creating the product doesn’t sound like something you want to do yourself, then outsource the task.  There are lots of companies you can use to  outsourcing anything you want.

4) Set up your website, including a lead-capture system. Next, you need to write a sales letter that sells your eBook and upload it to a web page. You’ll also want to set up a squeeze page with an autoresponder as a means to get your visitors to join your newsletter list. This is important, because most people won’t buy your eBook the first time they visit your site – the money is in your list!

5) Set up your back end sales system. Most people don’t get rich selling just one product. Instead, they find their wealth is hidden in the back end of their business – this is where existing customers buy more products and more expensive products from you. 

As such, even as you create your first product, you need to also be developing your back end sales system. You should set up various ways to contact and pitch additional products to your existing customers, such as by email, postal mail, membership site forums, blogs or even through links in the products they’ve already purchased.

And there you have it – the five-step path to riches.
It’s not a complicated process. Indeed, you can boil it down to a few words:

Find a hungry market and give them what they want.
So, that’s your first option.  Creating information products.

RECOMMENDED RESOURCE: 

Truth be told, you can make a lot of money online selling tiny, 7-15 page special reports.  

TYPE Your Way to $10K

Here’s a direct path to $10,000 monthly:

Create and sell your own information products.

Many people who are just starting out don’t even realize that they have knowledge that other people would be willing and even eager to pay for – and chances are, there’s an eBook in you that could make you rich! 

Maybe:

• You’ve lost a lot of weight and could teach others to do the same. 

• You know how to stretch the family budget. 

• You could teach others how to create and sell crafts. 

• You know how to get into graduate school. 

• You know how breed and raise poodles. 

• You’ve had years of homeschooling experience. 

• You’ve been a pastor of a church for thirty years. 

• You know how to trim shots off of a golf game. The above list includes just a few ideas… but the sky is the limit!

Take time to brainstorm your interests and talents, and you’ll quickly discover that you know a lot about a particular topic.

So once you’ve figured out what to write about, what do you do next?

Watch out for next post -  a step-by-step overview of the entire process. 

PLEASE NOTE - THESE ARE JUST GUIDE LINE NOT EVERY ONE WILL MAKE THIS AMOUNT OF MONEY.
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Ten Proven Ways to Make at Least $10K Every Month

Now, let me just say this up front:  this isn’t a step-by-step tutorial. 

Each of these ten methods of generating money could have VOLUMES written about them individually.  There’s no way I could thoroughly explain them all in this short report.  

They are just too in-depth. This report will give you some different options that await you so you can make an informed decision on which type of income generator is best for you. 

If you’re looking for a detailed, step-by-step course, this isn’t for you.  But, if you’d like to know what some different methods of generating income online are and would like to determine what ONE thing you need to focus on among the many options available, you’re gonna love reading this report.

Watch out for more information in next post.

Your 7 Figure Facebook Daily Blueprint to Success

 Step 1: Create a Fan Page by going to the following link: https:// www.facebook.com/pages/create. If you are in the home based industry, such as a network marketer, affiliate marketer, etc., it’s best to brand yourself and not your company or products. 

This also means name your page your name & not your company or products name.  People buy from people on Facebook not the other way around.  Remember no one goes on Facebook looking to buy stuff, they go on Facebook to socialize.  ! 

! Your goal is to create brand awareness through your page. ! 

! Create a professional cover photo. Add in your website or blog site into the cover photo along with your name.  Remember this will be the visitors first impression, so make it count.  I outsourced my design here: http:// onlinewealthpartner.com/SMS! 

! Upload a professional profile image. ! ! Make sure you fill out as much information as you can in the settings of your Facebook Fan Page.

Allow people to get to know you better and give them a way to learn more about you. You can find all this information in the admin panel of your Fan Page under settings and then page info. ! 

! If you want to see our Fan Page examples you can go here: http:// facebook.com/michellepescosolido and http://facebook.com/ billpescosolidofanpage! 

 Step 2: Now you need to get likes. This will be the basic set up for a likes ad. Create a Facebook Ad here: https://www.facebook.com/ads/create/! 

! a. Choose Page likes ad.

! b. Choose your Fan Page in the drop down box.

! c. Choose a powerful image to represent your brand that will stand out in the news feed of your target audience or on the right side of the news feed of your audience.

! d. Add text to your ad. Make sure you put something here that speaks to your audience you will target.  Give people a reason to click like on your page with compelling copy here. Let people know what your page is about in this section.

! e. Choose the country you want your ad to show up in. Only choose one country per ad.

! f. Choose the gender you want to target.

! g. If applicable choose the language you want to target next. 

! h. Choose an interest.  This is the make or break section of whether your ad will be successful or not.  You need to understand your audience that you want to target. Who or what would they also be interested in?  If you know your audience would probably like The Biggest Loser, then find The Biggest Loser and choose that option. 

Now you are targeting all the people that like The Biggest Loser.  You can also select authors, speakers, coaches, other Facebook Fan Pages, books, etc in this section. 

Your goal is to find the right audience that has a specific interest that would also be interested in liking your page.  You will know if you don’t choose a right audience by the costs per like you are paying and the click through rate.  

You want to get your click through rate over 2% in the news feeds ads and typically you want to pay below a $1 a like. 

! i. You can also narrow down your audience to a smaller size by choosing behaviors also here. But, by no means do you need too.

! j. There is also an option for more categories.  You can narrow your audience down even further by choosing options in this section.  You don’t have too, but it is available.  Pay attention to the right on how big your audience is you have created and make sure you are between specific and broad by looking at the Facebook meter.

 ! k. The connections section should be checked to target the people not connected to your Fan Page. We don’t want to target people who already like your Fan Page.

! l. Set your daily budget.  A good start is a minimum of $10.00 a day. Just remember if you are paying a $1 a like then you will only get about 10 likes a day with a $10.00 a day budget. 

 ! m.Choose optimize for likes option in the bidding section.  I have done a lot of testing and it’s best to choose this option, instead of manually bidding for clicks.  Facebook will show your ad to the people who are “most” likely to click like on your page when choosing optimize for likes.

 ! n. Place the order and now you have created your very first basic Facebook Likes Ad. !

! If you want to get your page going fast with fans, I would suggest that you at least put in $25.00 - $50.00 a day because your want to get a good amount of fans on your Facebook Fan Page so your can target your fans in the section below when your start to create ads to your offers. ! 

! For More Advanced Facebook Ad Strategies, check out my Ad products here: http://michellepescosolido.com/products! 

 Step 3: Now that you have your page set up and you have likes coming in, it’s now time to create content on a daily basis. ! 

! Do you know your message? It’s important that you understand and have identified the message you want to convey to your audience.  This is going to require you to know your audience too.  

! For example:  I am a Facebook Marketer teaching home based business owners how to build their business online using Facebook and how to make money online using Facebook. 

 Therefore, all of my content and status updates, for the most part, are concentrated on helping others succeed with Facebook and making money online using Facebook.  ! 

! So what is your message? Take some time to think about this and write it down. Do you want to inspire people to live a healthy lifestyle?  If so you should have a health and wellness product on the back end as your offer.  ! 

! Do you want to inspire people through personal development? If so you need to have a product on the back end that you offer that has to do with personal development. ! 

! Do you want to inspire people to live a life of financial freedom and time freedom?  If so you want to have a product on the back end that can help people achieve this. ! 

! Make sense?! ! It’s best to know your product and how your product can help people.  Once you know that, then your message should really become more clear. !
Content ideas:! 

Blog Posts! Videos you have made sharing tips, inspiration, lifestyle, etc.! Articles within your niche! Thought provoking questions! Statements to ponder! Inspirational images based around your niche! Lifestyle photos! Webinar invites! Your offers, but keep your offer to a minimum of 1 to every 10 pieces of value driven content! 

! You should post 2-5 times a day on your page every single day, even holidays and weekends to keep your page engagement up. ! ! 

Step 4: To increase your engagement on your page, you will need to run a page post engagement ad on a regular basis.  ! 

! Right now Facebook shows your status updates that you post on your page to a small group of your fans, all based on your engagement with those fans.  So it’s important to get your status updates in the news feed of your fans by paying through page post engagement ads.  Yes, it’s now a pay to play environment on Facebook.  ! 

! Choose to promote one status update every few days.  If you post a status update on Monday boost the post to show in the news feed of your fans for about 2 days and make sure you choose the country option also. Then after day 2 choose another post to promote.

 Always have one ad running targeting your fans and this will keep the engagement up on your page. ! 

 Step 5: Check daily who has posted on your page and respond to them or thank them.  Also looks for comments on your status updates daily and respond to those comments also.  The key here is to engage your fans and recognize they have come to your page and commented or posted on your page.  

Also check your Facebook Fan Page messages daily if you have the messaging option turned on. ! 

Step 6: Depending on your offer you have a couple of options you can choose when it comes to paid advertising.  You can choose a clicks to website ad, video ad, or a page post engagement ad.  Always have 1 ad running on a regular basis to your offer, this is where the monetization of you Fan Page comes in.  Once you have over 250 fans start targeting your fans in those ads, instead of choosing interests in the ad section of the ad manager. ! 

! This is a powerful option and conversions will be higher than the traditional targeting once you build up a fan base.  Hence….why I say focus on getting fans!  Your fans are your perfect audience because they already know who you are and are familiar with your message. ! 

! In conclusion, follow all of these steps and implement all as described and you will be on your way to building a successful brand that prints money on automation in no time. ! 

! I can’t stress this enough.  People don’t log into Facebook to shop.  They log on to connect socially.  Therefore, you need to remember this with your marketing, BUILD relationships.  

Create the like, know, trust factor.  Get people to like you, know you and trust you.  Once you do that, success is yours. ! 

! If you are interested in moving beyond these initial steps please visit my products page: http://michellepescosolido.com/products! ! Resources we use in our business:! 

How To Destroy your ‘Poverty Mindset’ With these 5 simple strategies

Ridding a poverty mindset in a short amount of time by a quick activity can immediately create internal value and worth. In doing so, you are taking control in creating a ‘life of abundance’ in all aspects of your life.  

Raise the stock in the value of your relationships. Enrich yourself with a healthy lifestyle in diet and exercise. Most important, profit from the benefits of improving your life to create worth for yourself and those who surround you. 

Each tip will help create a shift in your mindset….(and can be incorporated immediately in a short amount of time), but overall will take some time and effort to master. These tips are in no particular order of importance; only in that they are important in using to shift your mindset. 

1. In performing basic physical motion activities, you are able to         not only create a physiological change; you are able to shift         your mentality away from stress and frustration. In one of several activities (running, fast pace walk, push-ups, planks, crunches,         etc.) you will be able to create a sweat which will release you from a state of stress, frustration, and ignite a sense of value. Sweating resembles a ‘needed cry’, as your body is releasing toxins and negative energy for ignition or rejuvenation. 

 2.   Write or create a video of gratitude for all that is ‘right’ in your   life. In expressing gratitude through writing or the creation of video, you are able to enrich yourself with a sense of value. Gratitude for a job, a vehicle, or the smile a cashier has given, will shift your thoughts to what is ‘right’ in your life. Though  it may seem difficult when in a moment of frustration or stress, when you learn to acknowledge the good in the present or your past, you are able to let go of the negative energy currently prohibiting you from moving forward.  

 3. Through a collection of motivational/inspirational videos or a      library of songs, our emotions can be reignited through sight             and sound.  By listening or watching something inspirational, we take ourselves out of a‘moment’ of struggle, into a place of hope and inspiration. By shifting the mindset in such a way, you will go from a state of being a ‘victim of circumstance’ to a ‘state of hope and power’. 

 4. Take yourself to a place of ‘winning’. Several times in your life you’ve felt the exhilaration of ‘winning moments’. The day you received your diploma or degree, fell in love, or even learned how    ride a bike. There are many occasions where you felt you reached a place of  accomplishment. By taking yourself to a place of winning, you are not only  taking your mind there, but remember your posture and how you felt inside.             

5.Create through writing or video creation an ‘ultimate version’ of    yourself and your future. One thing we lose as we grow older, is the emotion and thought of the world being at our finger tips. Being a firefighter, a jedi in Star Wars, or becoming an actor or movie star are a few examples of the dreams we had through our  childhood. By creating an ‘ultimate version’ of ourselves and documenting it,   you bring your vision closer to reality. Now it is more than a thought…..and your    mind will begin to find ways to bring  your vision closer to a reality. And when writing or shooting a video, remember this…..your current circumstances are not a reflection of what your future can become. And when you let that go, allow yourself to smile and soak in the feeling….’as if’ you’re already there. KEEP IT SIMPLE! 


When your mind is right….. Your world can’t go wrong

Getting Traffic To Your Site

Write down and plan the methods you are going to use to drive traffic to your website: Pay-Per-Click, Squidoo and Hubpages, article marketing, social networking and the like. Then schedule when you will be posting to your site, and posting to social networking sites.

In the end, if you follow this entire checklist and don’t give up, you will begin to see sales for the products that you are promoting.

You can also add more products over time to promote, build more than one website, put up Squidoo and Hubpages highlighting your various products and services and add things like Adsense to further monetize your site.

Good lucky with your affiliate success,

Consider Setting Up Your Own Website

Whichever platform you decide on – Wordpress or Joomla – you will need webhosting, a domain name and it will take a bit of time to get things set up.

Most affiliate marketers tend to go with either Blogger or a Wordpress blog and self-hosting. Joomla is an option, but the learning curve is a little bit longer.

So, if you’re looking to get going, you might want to consider either the free services or Wordpress.

Once you decide on getting your own blog, select inexpensive webhosting. Remember, webhosting should have cPanel or One-Click setup attached to it.

Hostgator has cPanel and Fantastico and Dreamhost has One-Click. Both perform the same function – set up of Wordpress with no knowledge of MySQL, Wordpress or FTP.

This is the quickest way to get started with your blog.

Once it’s set up, you will need to look at article writing. If you’re not a writer, check out the freelancers at Elance, Guru.com and Rentacoder.