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#1 idea for earning 6 figures in passive income

Discussion in 'Black Hat SEO' started by randybishop, Oct 11, 2015.

  1. randybishop

    randybishop Elite Member

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    ?and when I say perfect, I?m talking about 30-40% profit margins (not 2-3%).

    What is it?


    What is the #1 idea for earning 6 figures in passive income?


    1) Private label physical products ? that means putting your own brand / name on products


    2) Sell on Amazon.com ? not your own store to start with


    3) Use Amazon FBA ? they will store your products, ship them to customers, and even handle returns


    4) Promote using Amazon PPC, launch service (eg ZonBlast) and contacting top reviewers with free offers


    5) Eventually move off to your own online store ? this will be your ultimate sales channel since you control it


    6) Promote mainly through your own website (content marketing), guest posts/podcasts, and social media


    7) Build an email list?repeat, long term customers are where all the money is to be made


    But how do you get started? read more
     
  2. Ste Fishkin

    Ste Fishkin Jr. VIP Jr. VIP Premium Member

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    1. Bang hookers until your nuts fall off
    2. be abortion doctor
    3. charge $2000 per hooker to kill your own baby
    4. bang more hookers
    5. repeat
     
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  3. Sythix

    Sythix Senior Member

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    A few valuable things to take from this, but smells like self promotion.
     
  4. randybishop

    randybishop Elite Member

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    It was from a blog I stumbled upon, its not mine.
     
  5. Reaver

    Reaver Jr. VIP Jr. VIP

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    OK, but what about those of us who are female? That plan isn't exactly feasible.
     
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  6. asap1

    asap1 BANNED BANNED Jr. VIP

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    They forgot the part where you need a few thousand dollars to get started.

    And making that back is far from guaranteed.

    Good method, they just left some things out :)
     
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  7. diesel1

    diesel1 Senior Member

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    .

    There is nothing passive about wholesale/retail/manufacturing...

    To get an assured income, on a regular basis, takes more than a little effort

    It is hard work; very long hours for years rather than months, you need more than a little savvy and much more than a few bucks

    And the work never stops....


    .
     
    Last edited: Oct 11, 2015
  8. davids355

    davids355 Jr. VIP Jr. VIP

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    Also seems like a bit of self promo to me. But I can see where you are coming from - its always good to get closer towards selling your own product in order to make more money, however I would suggest that it is a long way from the typical starting point - its a lot harder to do this than it is to just promote an affiliate program. White labelling a product is probably the next step on from that in order to make a higher return once you have some investment money.

    Next stage after that is to get your own product that you have built from scratch - but I think this is really detailing the way to increase your profit margins once you have a good system in place rather than a method in its own right to generate a massive income.

    Also as said above, it is not going to be passive, the further towards your own product that you get the more and more work is going to be involved.