Hi guys, I'm Greg... I'm looking for a way to make $1k in a month with a $100 budget. I only have a mobile phone with unlimited data for Internet connection. I would really appreciate any ideas, mentors or partnership. I'm looking forward to join the list of people that make it big on here. Goal is to make $1m in some years time... So yeah, thanks.
Here's the 7 step fastest way to make $1k or close to it in one month with just $100:
1. If you know how to run Facebook Ads Campaign then skip this step, and if you don't know then Go to YouTube and search for "Facebook Ads complete course".
2. Study and understand the course material for 3 days to absorb the content and learn the basics of running Facebook ads campaign.
3. Then go to meta ads library and do some research under the following keywords: Bundle, design pack, templates bundle, etc. and note what kind of digital products are being sold and for how long the ads have been running for such digital products, the longer the ads are running the profitable the product is.
4. When you have selected a product, then search Google for a similar product in PLR category. Just remember to buy the PLR product in a complete pack along with its landing pages, thank you pages,, i.e. PLR product should come with it's own website.
5. Go to any domain hosting buying site and buy a suitable domain name pertaining to your product for $10 or less if you find any discount offers in domain names buying at any site along with the web hosting on a monthly basis.
6. Upload all the content of your PLR product's site on to your hosting under your domain name, and setup your merchant account for receiving customers' payments like Paypal or 2checkout etc, and also setup the product delivery mechanism.
7. Now when your site is up and running, you can then go to Facebook ads manager and setup your first ads campaign and allocate a daily minimum suitable budget for running the ads, and start your campaign, and see the money roll in.
Notes:
(a). No need to redesign the PLR product, just launch it as it is.
(b). Run 2-3 ad blocks depending upon your target market stats to see which ad block performs better in 24-72 hours, and the one which brings in sales keep it running and stop the other ones which don't show any results.
(c). Reinvest the profit generated initially back in the ads campaign and increase the daily budget to increase the reach of the ads.
(d). Depending on your chosen market, product, and ads campaign, the best case scenario will be that you'll make $1k, and the worst case scenario will be that you'll make $200-$500 or a little more than that in Gross profit.
(e).
All the above is from my own personal experience, so yes this simple method works, and mostly newbies that I know of in my social circle are making $300 and above monthly from a single product in NET Profit. Sometimes they make more when they find a hot converting product.