One of the best ways to increase your profitability as an internet marketer is to create a fully fledged profit funnel. This means creating a series of products that vary in value from low end ($37 for instance) to high end ($497 for instance) so that you can create repeat buyers. Of course this only works if your buyers are happy with products that you promote to them.
Who doesn’t love cashback opportunities like Ebates? It’s one of my favorite ways to earn extra money with little or no extra work. But what about in-store cash back? Dosh is a newer app that offers just that. You can earn cash back on things like getting your oil changed or eating out in addition to the usual in-app and travel purchases. They give you $5 just for downloading the app and connecting your debit or credit card.
Another way to utilize your talent and business skills is to run corporate workshops online. Businesses are always looking for unique ways to help educate their workforce, and if you can package your talents into a day or half-day long session, you can sell that to companies all over the world to make money online. Start by building a portfolio and then reaching out on LinkedIn to influencers at relevant companies to see if they would be interested in you teaching their team.
If it’s not clear yet, information and expertise are two of the most consistent and lucrative ways to make extra money online. If you don’t like talking on the phone, you can sign up to get paid to answer professional questions on JustAnswer. There are thousands of questions being asked every month from people looking for help from lawyers, doctors, mechanics, vets, and more. To apply, you’ll need to supply your professional verification, resume, and a form of identification.
I would not worry too much about paid traffic YET until you have the full site built out and monetized. PERSONALLY, I do more FB than PPC (google) stuff, but i’m also more of an SEO guy and not a paid search expert. If you DO paid traffic though, make sure you’re driving traffic to your optin for a free report or golf lesson or something, it’ll be a waste to send them to a blog post unless you just care about traffic and branding at that point.
Mentorship. With sites like Etsy, it simply doesn’t make sense to reinvent the wheel when opening a shop. Instead, look to others who have been down the path and have learned the hard way what to do – and what not to do. Blogs like Handmadeology and EverythingEtsy.com offer hints and guidance for artists just looking to get started in this profitable home-based business.
Here’s a good example of how lead sales can work in real life: My second website, Life Insurance by Jeff, brings in a ton of traffic from people who are searching the web to find answers to life insurance questions. While I used to have the website set up so I could sell these people life insurance myself, it was a lot of work to process all the different requests and clients. As a result, I started selling the leads I gathered instead.