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[Journey] Making $4K+ On Linkedin

Discussion in 'My Journey Discussions' started by marsocal, Jun 7, 2016.

  1. marsocal

    marsocal Newbie

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    I've had a few successful money making ventures thanks to advice on BHW. One that generated http://www.blackhatworld.com/seo/4-000-mo-from-twitter-pinterest-fb-datafeedr.548602/#post-5377879 (& paid for bday trip to Spain).

    After a few years off, I decided to focus my attention on Linkedin, as this still seemed to be an untapped source. My goal was to determine a way to utilize my growing connections and figure out how to monetize those relationships. Little by little I started working and tweaking different methods each day to see what worked best.

    Ultimately I am now at 50,000+ connections and over 51,000 followers. I am generating over $4,000 per month just off Linkedin alone and hopefully will be doubling it shortly. I wrote about it on another http://www.blackhatworld.com/seo/generating-2-4k-per-month-from-linkedin.842165/#post-8969625, but will be reposting it shortly on here. Love to hear others suggestions on how to generate more revenue from Linkedin?
     
  2. tophi

    tophi Jr. VIP Jr. VIP

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    Do you use PPL or PPC ?
     
  3. tziahs

    tziahs Jr. VIP Jr. VIP

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    Can you give any further details on how you can monetize linkedin connections? I really can't imagine how is that possible...
     
  4. marsocal

    marsocal Newbie

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    So how did I start bringing in significant income and build a large following on Linkedin? Here you go...

    1. POST CONTENT
    I first started posting relevant content that is related to my industry / job. After looking at the format of others who were generating high view counts from their articles, I decided to format mine similar. It included strong images, videos, bold headlines and links to items I was involved with. I also included a brief personal summary of myself and my company with links to my website & social media profiles.

    Once it was published on Linkedin, I started posting links to it on all the groups I was involved in. This took no more than 5 min to do. Then over the next few days, I would view who was looking at the article and engaging with it (likes, shares, comments). If they weren't a 1st connection, I would invite them to connect & say thanks for reading my article.

    2. INVITE FORMER COLLEAGUES
    I would search for past companies I use to work for or with, and start inviting people within the company to connect. Most cases I would write a brief reason why I wanted to connect with them - something simple like "looking to stay in touch with like-minded colleagues..." Over time i would say 9 out of 10 would accept the invite. Also anyone that I would meet at an event or meeting, I would instantly connect with them online.

    Once I started having a solid following, I kept trying to figure out what I could do with this. Then suddenly I started to receive emails from people requesting time to talk on the phone about advice, job assistance and other inquires. Most of them were sales people trying to peddle their wares, which I choose to ignore. After taking a few of these calls, I realized this could potentially become a revenue generator and build into something.

    3. CONSULTING
    So with that, I set up a way for these people to schedule time, pay me for it and we would talk about anything that they needed advice on. To simplify the process and eliminate the email chains going back & forth, I set up an online calendar for them to schedule a call. https://calendly.com is by far the easiest online scheduling platform I have ever used. Plus it allows me to set up times for people to schedule and charge them for it (ie. 15 min - $50, 30 min - $150, 1 hr - $300). They can set up an appointment, provide me their contact info, describe what they would like to discuss and pay via Paypal all within a few min. Over time I would steadily schedule more calls. Now I spend about 2-3 hours x 3 days each week having these paid consultations.

    4. PROMOTE EVENTS & CONTENT
    I started to partner with event producers who were putting on conferences, networking events and webinars that were relevant to my audience. They wanted my help in promoting their events and gaining new attendees. In working with them, i would "co-sponsor" their events and promote them to my followers via Linkedin & Social Media. All my posts would have a tracking affiliate link thus I would receive credit for the registrations. In most cases I would get paid anywhere from $25 - $200 per registration.

    5. JOB PLACEMENT
    Another thing I started seeing was job recruiters contacting me about possible candidates they could fill roles with. In doing so, I would start posting relevant job listings or reach out to those I knew were looking for work. Within a month, I had filled up to 10 jobs and received referral fees for it ($100 - $400 ea).

    This is just the start. I now have an email database of 35,000 from linkedin (before they removed that option) which I've emailed a few times about content & events that would interest them. (For those asking, I made sure to initially email them all asking permission to send them newsletters and if not, they could unsubscribe - only 180 did).

    Also I have been asked to produce webinars, podcasts and events using my name. Im still debating this as I personally feel there is a gluttony of people already trying this. Trying to determine what people truly want, willing to engage and ultimately pay for it.

    These are just examples of how you can generate income from your connections on Linkedin in a truly genuine way. Plus the time I put into this was minimal, and I truly enjoyed it. The connections Ive made and the advice I have been giving back has been so rewarding.

    Let me know your thoughts, I would like to hear from you.
     
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