“It’s True: You Really Can Have Your Own List Building, Income-Generating Sales Funnel Up and Running within 7 minutes……And All With No Technical Skills”
There is nothing better than the feeling you get when you check your emails and see that you have made money while you are sleeping or while you were away on holiday. And an even better feeling is knowing that it is going to happen again and again………..
The basic principle for passive income is that you do the work once and then that work is repeated on autopilot for you, generating income, month in month out. So, what do you need to be able to generate a passive income online?
What’s in Your Marketing Funnel?
A past client of mine, whom I’ll call “Mary,” was a financial planner. She’d had a Web site for a few years that pretty much served as an online brochure for her. When Mary came to me, she was looking for other ways to generate income besides working directly with clients.
During our first conversation I introduced her to the MARKETING FUNNEL. If you picture a funnel, you know it’s wide and open at the top, and tiny and narrow at the bottom. At the top of the funnel is where you want to get as MANY prospects in as possible. At the bottom of the funnel is your HIGHEST PRICED service or product. And in the middle are in-between levels of services/products and prices.
So as you go down the funnel, the products are priced higher and higher, and the idea is to keep people flowing down from the top to the bottom.
First, Get Them IN the Funnel
Offering something FREE is the ideal way to get tons of people into your funnel. Most people collect prospects by giving away something free, such as a report, an e-zine, or a teleclass. When people sign up for these goodies, you get their names and e-mail addresses, allowing you to contact them again.
At the top of Mary’s funnel was her e-zine. And at the bottom were her pricey one-on-one services. But there was nothing in the middle of her funnel.
I see this often with many solo professionals, such as coaches and consultants. There’s either free or high-fee. This is the reason many of them have so much trouble converting prospects — people usually aren’t ready to make that big jump from $0 to several thousand dollars!
So I helped Mary brainstorm several information products (“info-products”) and other programs she could quickly create and begin to sell. so great tools for you Passive Income Funnel .
Info-Products Are a Great Solution
By packaging your knowledge into info-products, you give your prospects the chance to “sample” you at a lower price, filling the middle of your funnel. Here are a few ideas to get you started:
* Books* E-Books* Special Reports* Manuals* Workbooks* Journals* Audio (downloads, CDs, or cassettes)* Video (downloads, DVDs, or VHS tapes)* Home Study Courses or Tutorials (usually a mix of media)
Even better, selling these products on your Web site gives you passive income. That is, it’s money coming in automatically. It didn’t require your working X hours for Y dollars. Sales can come in 24/7, and you don’t even have to be there.
And don’t forget about teleclasses or teleseminars, delivered over the phone, or even Webinars, taught over the Internet. These require your direct involvement, but allow you to teach many people at once. These formats allow you to make much more money per hour, and they give your prospects access to you for a lower fee than hiring you one-on-one. Article Source: http://EzineArticles.com/342429
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How To Create A Profit Generating Sales Funnel!
What is a sales funnel? It is quite simply a revenue generation model that works almost automatically for you to generate subscribers, and create ongoing sales. A good sales funnel is designed to make you maximum profits for minimal effort. Want to learn how to create a profit generating sales funnel? Here is how to do it:m……………..
1. Build Your Own Email Mailing List
To have a well producing sales funnel, you absolutely need to have your own email mailing list. A list gives you the power to contact your subscribers and your customers repeatedly to generate more sales for you. Without a means to contact your visitors, many visitors to your website will leave without ever returning. So you must build a list. All you need is an autoresponder like Aweber, and a squeeze page (a simple web page with an opt-in form) to get started.
2. Promote Low-End Products
Once you get subscribers on to your list, send them offers for low-end products in the range of $5 to $100. You should be able to make tons of sales for these products (you can use affiliate products that you find on Clickbank). Build a sub-list for buyers of these products by sending them to an opt-in page whenever they make a purchase. This is your customers list. so friends- get this Passive Income Funnel
3. Promote High-End Products
Promote high-end products like home study courses and coaching programs in the range of $200-$1000 to your customers list. This list is a list of proven buyers who have shown they are willing to spend money to buy products in your market. Article Source: http://EzineArticles.com/1191234
How To Earn A Passive Income Online with Funnel
There is nothing better than the feeling you get when you check your emails and see that you have made money while you are sleeping or while you were away on holiday. And an even better feeling is knowing that it is going to happen again and again
The basic principle for passive income is that you do the work once and then that work is repeated on autopilot for you, generating income, month in month out.
So, what do you need to be able to generate a passive income online?
Promote Recurring Payment Products
Recurring billing products are any type of product that repeatedly bills customers on a regular schedule. These can include, software licenses, subscriptions, membership sites and newsletters.
Although the initial upfront earnings may be less than a one-off product sale, you will earn from this one sale every month and that soon adds up.
You can find a huge selection of recurring income products in the online marketplace Clickbank. Many successful online marketers know that the key to long-term success in affiliate marketing is generating consistent commissions month after month.
Depending on how long the customer subscribes to the product, and how frequently they are billed, this means that you as an affiliate could earn regular commissions for months or years at a time! To find recurring income products on Clickbank, log into your account (if you don’t have an account, they are free to set up) and click on Marketplace. Select the Category of product you want to promote and then select ‘Recurring Billing’ from the Product Type dropdown menu and click Go. so friends- get this Passive Income Funnel
Get An Autoreponder
You can generate passive income online with an autoresponder and a good sales funnel. An autoresponder is a piece of software that works for you every hour of every day. You set up a series of messages once and then everyone who subscribes to your customer list, no matter when or from where they subscribe, receives that entire series of messages automatically.
Your sales funnel is the process a person goes through to buy your product or service. On average, a person needs to see seven messages before they buy. This is where your autoresponder works for you by emailing your sales funnel messages, which in turn convert prospects into sales.
Automate Your Traffic
As an affiliate marketer, you can generate recurring income online by automating your website traffic. Pay-per-click is a great way to generate automated traffic. You create an effective campaign with targeted keywords and then let it run. With PPC you can set the limits on how many clicks you want and how much you spend over what period.
You can also set up a similar automatic marketing campaign with ezine advertising. Once you have an advertisement and ezine that generates you results, place a standing order with the publisher and let your ad and the publisher do the work for you.so friends- get this Passive Income Funnel
Having a steady stream of income allows you to explore new niches and regularly test new products and promotional techniques to see what works best for you. For this reason, promoting recurring income products can be a path to profitability for many affiliates.
When building an online business there can seem to be a mountain of obstacles to climb – from understanding search engine optimisation to blogging, from pay per click advertising to social media marketing, from finding the right products to sell to finding customers to buy them, the list goes on. Article Source – click
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