Friday, 23 October 2020

Ever wondered why 99% of Online Businesses Fail?

 

Master Online Entrepreneur

The fact is, no matter what method you’re using to make money online, every method of launching an online business will FAIL without this one thing:

 

RECURRING. INCOME.

 

So what is Recurring Income?

 

Recurring income is PASSIVE income that’s generated each month. You make the initial sale just once, then you can enjoy the profits long-term. 

 

Why is that so awesome?

 

With traditional affiliate marketing, you are constantly finding new hot products to promote , and new customers to promote them to…

 

It’s a never ending cycle of selling and selling and selling (and selling and selling and selling).

 

With products that feature Recurring Income, you only need a handful of customers to get paid month after month without any additional selling, finding new products, or searching for new customers.

 

Examples of types of products you could promote are:

 

  • Funnel Software
  • Autoresponders
  • Solo Ads
  • Link Tracking software

When a customer signs up to the programs listed above, they are incredibly valuable to your business…they become more than just a customer - they become a VIP Client.

 

So my encouragement is to treat them like one! 

 

Reach out to them, see if they have any questions and if you can help them in any step of their journey! A classic business fact is that it costs much more to acquire a new customer than to keep an existing one… So take the time to reach out to your VIP Clients and see if there’s anything they need to keep going. :) 

 

Here is what one smart marketer has to say:

 

“Well Facebook ads and solo ads have worked well. With solo ads I make it a top priority to ask many questions of the provider. I stay away from solo ad providers who have dealt with my offering in the last 90 days . I’m noticing from 1000 clicks I’m generating roughly 15 sales.”

 

He then adds:

 

“Many emails I send are conversational, looking for a response. I’m noticing when a person responds to your question in an email...they are a lead that’s on fire lol. Still, a ton of trial and error on my part, but I’m constantly just trying to do what the majority aren’t doing. I even posted flyers that worked .”

 

Well! So much good stuff here! So my challenge to those reading…

 

Think about:

 

  • Finding Solo Ad Sellers who you haven't used before
  • Asking many, many questions of your Sellers to make sure you’re getting a great deal
  • Being conversational with your leads and encouraging a dialogue 
  • Non-Traditional ways of reaching out to people like flyers

 

Try them out and let me know how you get on!

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