Where to invest $1000 thread

Christion

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Where would you invest $1000 dollars? SEO? Dropshipping? Cryptocurrencies?
 
In my opinion drop shipping require more money to start properly, invest in SEO, you will still earn money every month for years and what you do depends on you that not the case with crypto.

If you do your own SEO and use these $1000 to only bought text or hiring a VA for the long and boring task it's more than enough to make a small passive salary if you find the good keywords.
 
SEO, find lots of low competition keywords and buy links for them. Once you start making some money, rinse and repeat.
 
Websites and / or seo is safer possibly than Cryptocurrencies.

Unless you're able to afford to risk and possily lose this oney, Cryptocurrencies could be just a gamble.
 
I've been monetizing data for nearly 17 years, so I'm quite biased to it.

The really short explanation is...

I acquire fresh / targeted 3rd party email data, which is data that users have shown an interest in a specific niche and have provided permission to receive messages from third parties. I get the opt-in record of all users and it's 100% can-spam compliant.

Unlike most marketers always spending their money trying to get traffic, I spend it on data because it's an asset that I then own and I can market to the users over and over at low cost.

I get data that targets users that are interested in specific PPL (pay per lead...lead generation) offers because there is no credit card / purchase required to complete an offer. All a user has to do is fill out a form, so conversions are typically much higher compared to offers that require a sale to be made.

Some of the verticals (niches) I have done extremely well with are: insurance, education, debt. loans, credit, mortgage, assistance, discount offers, homeowner offers, etc...

The bulk of the PPL offers I promote pay $20-$40 per lead, but I promote others that pay more and less.

3rd party data is rarely as responsive as a high-quality opt-in list. So to compensate you have to work with higher volume. This isn't an issue because 3rd party data is much cheaper and highly scalable compared to building opt-in lists. The key to making it work is to always be collecting your opens / clickers, segmenting and removing unresponsive users. Essentially you are converting the data from quantity to quality.

Basically, I monetize the data using PPL offers because they offer the path of least resistance to generating conversions / $$$ and converting the data into cash producing assets.

Obviously, there is far more to it, but done right it can be extremely profitable. Everyone that I know that is in the business and knows what they are doing, for the most part, does 6-7 figures. While that is a huge range, much comes down to one's ability to scale ... effectively implement / manage the infrastructure needed to scale.

Anyway, something to think about.
 
Dropshipping/seo.
Make a good business first.

Dropshipping through Amazon to ebay is what got me starter in the world of internet marketing :P then I learnt more about different money making schemes here on bhw.

Invest on business if you don't have one ;)

Crypto is just for extra income(most do it for living but i don't have those skills so I don't know about that).
 
investing in a course to teach you how too use the search function.
 
Where would you invest $1000 dollars? SEO? Dropshipping? Cryptocurrencies?
Depends what you know and what you like, it is impossible to make a general answer to such vague question; but I would say SEO, I can offer you my services for $1k. And you will get results.
 
We can't tell you :| If you're good at sharpening pencils and we tell you to invest your $1000 into equipment for building a boat, you gon lose that 1000.
 
Crypto if you don't care about potentially losing money. There's a lot of opportunity within the next couple of months with the current bear market.
 
I've been monetizing data for nearly 17 years, so I'm quite biased to it.

The really short explanation is...

I acquire fresh / targeted 3rd party email data, which is data that users have shown an interest in a specific niche and have provided permission to receive messages from third parties. I get the opt-in record of all users and it's 100% can-spam compliant.

Unlike most marketers always spending their money trying to get traffic, I spend it on data because it's an asset that I then own and I can market to the users over and over at low cost.

I get data that targets users that are interested in specific PPL (pay per lead...lead generation) offers because there is no credit card / purchase required to complete an offer. All a user has to do is fill out a form, so conversions are typically much higher compared to offers that require a sale to be made.

Some of the verticals (niches) I have done extremely well with are: insurance, education, debt. loans, credit, mortgage, assistance, discount offers, homeowner offers, etc...

The bulk of the PPL offers I promote pay $20-$40 per lead, but I promote others that pay more and less.

3rd party data is rarely as responsive as a high-quality opt-in list. So to compensate you have to work with higher volume. This isn't an issue because 3rd party data is much cheaper and highly scalable compared to building opt-in lists. The key to making it work is to always be collecting your opens / clickers, segmenting and removing unresponsive users. Essentially you are converting the data from quantity to quality.

Basically, I monetize the data using PPL offers because they offer the path of least resistance to generating conversions / $$$ and converting the data into cash producing assets.

Obviously, there is far more to it, but done right it can be extremely profitable. Everyone that I know that is in the business and knows what they are doing, for the most part, does 6-7 figures. While that is a huge range, much comes down to one's ability to scale ... effectively implement / manage the infrastructure needed to scale.

Anyway, something to think about.


Great advice man. Do you mind me if I ask you few questions?
 
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