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Just a Reminder of How to Make Money Online

Discussion in 'Making Money' started by JamesBlake, Jun 3, 2014.

  1. JamesBlake

    JamesBlake Newbie

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    Hello BlackhatWorld,

    I am new here though I have been lurking for a long time and have been involved in Digital Marketing for years. It feels good to finally join in and share. I plan to share random thoughts, tidbits, and things with you all.

    I originally wrote this as a comment to someone in a thread asking for a brief run down of how to make more money online. This will seem obvious to the big boys but this is just something as a brief reminder for the rest.


    The best way to learn something new is find a mentor or just read, set aside $500-$1000 and jump into it once you feel comfortable. Tim Ferris, author of the four hour work week says the money some people spend on education in business (MBA, etc. etc.) could have been used to just attempt and learn far more valuable practical lessons. The only caveat is ensure you keep a journal of notes, and really develop a campaign. Everything should be calculated. Far too often people try CPC or another form of traffic generation and fail because they don't do their due diligence.

    Step 1. Conduct proper research into a niche and find the demographic you should be targetting.
    Step 2. Find where that demographic goes online. You can start with big traffic sources and capture data or you can just use something like Quantacast.
    Step 3. Find out what they need, buy, and are interested in.
    Step 4. Source a product or create one that will interest them based off what you found out. There's clickbank, CPA networks, amazon, etc. etc.
    Step 5. decide on either generating traffic the free way or paid way.
    Step 6. Find what traffic sources (hint hint quantacast, hint hint facebook, hint hint youtube ads, hint hint media buying networks) if you are planning the paid way.
    Step 7. Get some creatives made, create your sales copy and develop a sales funnel (look it up if you dont know what that is, landing page with capture form etc. etc.).
    Step 8. Offer VALUE TO THEM. GIVE THEM WHAT THEY WANT And they'll buy other stuff from you. Keep them involved. Set up a newsletter, or blog, or something. Cross sell with other product owners.
    Step 9. Optimize and expand. Test, test, test. Refine refine refine. Then expand.
    Step 10. Buy other traffic sources to this proven product or membership site or whatever you have sold or developed so you can make more.
    Step 11. Flip it or hold it then flip it.
     
  2. IamNRE

    IamNRE Jr. VIP Jr. VIP Premium Member

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    Thanks for the reminder.

    Do you buy traffic? i.e youtube traffic

    tell us about that.
     
  3. superduper7

    superduper7 Regular Member

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    Thanks for the reminder . Well noted
     
  4. innosoft

    innosoft Jr. VIP Jr. VIP Premium Member

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    yes i to wanna know about youtube traffic!
     
  5. JamesBlake

    JamesBlake Newbie

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    Should I just write a post and add it into this thread or make a new one on buying Youtube traffic in general?

    I have used it for both a shippable product as well as selling the traffic/leads to local businesses.
     
  6. IamNRE

    IamNRE Jr. VIP Jr. VIP Premium Member

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    Just post it here :)
     
  7. JamesBlake

    JamesBlake Newbie

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    Give me until tommorow to write a post and I'll post in this thread then. Any specifics?
     
  8. V

    V Elite Member

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    Waiting for your next post :)
     
  9. IamNRE

    IamNRE Jr. VIP Jr. VIP Premium Member

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    I'd like to know more about Youtube ads, perhaps write it as case study - explain your problems, how you overcame them - tips and tricks you learned along the way etc.

    Also would like more info about media buying (i.e sitescout and other RTB networks right?) tell us more about that too in a similar way.


    Thanks
     
  10. Asif WILSON Khan

    Asif WILSON Khan Executive VIP Premium Member

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    OP, thanks for the post, don't have time to read it right now but I am curious about the following point:

    I am new here though I have been lurking for a long time and have been involved in Digital Marketing for years.

    A lot of people seem to say the same thing, I would like to know what made you sign up after long time lurking.
    With your years of experience in DM, why wait to sign up here?

    I hope you can answer those questions so that we can make the forum more welcoming and people do not need to be shy and hesitate to sign up.

    Anyway, welcome to BHW. Good Luck
     
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  11. IMaaang

    IMaaang Newbie

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    Thanks for the reminder.
    "When you fail, try again! The greatest risk is doing nothing."
    Taking action is the best decision I've ever made.
     
  12. littlehead

    littlehead Junior Member

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    Reminders like these are good sometimes. I like them, and I only twist them to meet my specific needs :D
     
  13. JamesBlake

    JamesBlake Newbie

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    Would anyone like an amended 2016 post?
     
  14. JamesBlake

    JamesBlake Newbie

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    I spend more time focused on my businesses, so the time I have to actively participate is limited.
     
  15. JimBean04

    JimBean04 Junior Member

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    I do tell us how you are doing in 2016
     
  16. Asif WILSON Khan

    Asif WILSON Khan Executive VIP Premium Member

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    Bloody hell Mate, been waiting 2 years for that reply.
    Should I put a note in my Diary to check the thread for your next reply in 2018?
    Welcome Back.
     
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