1. This website uses cookies to improve service and provide a tailored user experience. By using this site, you agree to this use. See our Cookie Policy.
    Dismiss Notice

***{Method}*** Change My Mind! Lead Generation Is The Easiest Way To Make Money

Discussion in 'Making Money' started by Skyebug77, Nov 16, 2018.

  1. Skyebug77

    Skyebug77 Jr. VIP Jr. VIP

    Joined:
    Mar 22, 2012
    Messages:
    2,602
    Likes Received:
    2,022
    Occupation:
    Marketing
    Location:
    Portland,Or
    If you can make a dollar, you can make a million.

    There's money to be made in almost every niche or if executed properly 50% of business idea's/start ups will make it at least a year. However, for someone just coming into the marketing arena there is a lot to learn (at least it seems like a ton when you are first starting out) if you are going to make serious amounts of money. But is it all really difficult? Is it hard to make some serious cash, like enough to live off of and get rid of that hourly cuck wage that so many people are a slave to?

    I see tons of journey's, posts in BHW and comments all up and down the internet of newbie's always asking the same questions "How can I make Money easily" How to make $5 a day", "Whats a good method to make money" etc. Most of those people end up fizzling out because of two things:

    1) They get overwhelmed by the process of setting up sites, or do not know how to get traffic and lose focus and determination; and

    2) They lack basic funds to finance their journey to making money (whether it is $5 for hosting or $10 for a domain etc).

    And if I was to add a third reason, I would throw "time" in there as well. So many people just don't have the day to day time with work and family to put in a serious effort to make even a little side cash to help ease some of that financial strain that they have.

    Without making this a long grueling point to make, I will simply say for people looking to into ways of making money online, the easiest way is Lead Generation. It is by far the easiest way to make money online hands down.

    What is lead generation?

    "In marketing, lead generation is the initiation of consumer interest or enquiry into products or services of a business. Leads can be created for purposes such as list building, e-newsletter list acquisition or for sales leads." Wikipedia

    In layman's terms it means being a middle man i.e. Jimbo has been talking about possibly buying "that thing", and well, you know Bob has "that thing" and wants to sell it so you provide Bob, Jimbo's contact info, or you connect them for a fee that Bob pays you for providing him a potential customer.

    It is very similar to afiliate marketing and there are technically different types of lead generating (data, traffic etc) but I am talking more on the business to business module of lead generation. I've found over the years that consumer marketing, with the exception of viral type products, really comes down to a lot of set up, managing social accounts, websites and dealing with lots of people (the ocean is enormous) and without a raw source of data that you can use to market to it is really difficult even reach out to these people unless you are willing to pay money to other businesses or people for ads or data (which can be cost prohibitive if you are just getting started, unless you're going to grab the white pages and sit for days and weeks calling people randomly to promote a product (that sucks, but hey my buddy has a 2 million dollar a year business and he started out 25 years ago in his bedroom at his mom and dads doing just that) so that is always an option for the truly dedicated.

    But I say, F0^k consumer lead generation and focus on B2B. Let me explain why. First off, it is much easier to get information on businesses, what type of services they provide, what type of materials, tools and resources they need on a regular basis. Along with that, it is also much easier finding businesses that can meet the needs and provide the services needed by those companies.

    EVERY BUSINESS WILL PAY FOR A GOOD LEAD! Period! so you will not have any problems finding products or services that will pay a good amount of money for each customer or lead you send their way.

    Ok, so lead generation is so great but how do I get into it with out needing to pour tons of cash into it?

    First thing, use your brain. You have resources (shit, you're reading this right now). You probably have an email, a phone, and you're obviously surfing the net and have a little internet swag since you made it to BHW. Put your damn resources to work. Start calling businesses. Look them up online, contact them through the website contact forms (like I did here, here, here and here. Or how YallaPapi got social media customers here).

    The point is, you need to start talking to people. Find out who has what, then find businesses that need that service or product. Thats all it really takes to start making some money. And if you keep at it, you will acquire more knowledge over time and can afford to pay for additional infrastructure to build your lead generation business, or hell, maybe this will give you the free time (not having to work the 9 to 5 grind) and focus on other projects or endeavors that you couldn't do before because of money and time.

    How much can you make from lead generation? The U.S. will spend $120 billion by 2021 in digital marketing. Thats a huge pie. And a lesson I learned very early in internet marketing is, if you can make a dollar online you can make a million. I can personally say I have a 6 digit personal income from lead generation and there's still a whole lot of that pie out there.

    Anyways, if you're just getting started this is the easiest way with limited resources to make money online.


    cmm.jpeg
     
    • Thanks Thanks x 17
  2. Elegante

    Elegante Registered Member

    Joined:
    Jul 6, 2015
    Messages:
    92
    Likes Received:
    25
    Didn't you already post this thread?
     
  3. Skyebug77

    Skyebug77 Jr. VIP Jr. VIP

    Joined:
    Mar 22, 2012
    Messages:
    2,602
    Likes Received:
    2,022
    Occupation:
    Marketing
    Location:
    Portland,Or
    Yeah. I had to repost it per Mods directions.

    Thank you.
     
    • Thanks Thanks x 1
  4. lbhbochc

    lbhbochc Junior Member

    Joined:
    Feb 16, 2018
    Messages:
    181
    Likes Received:
    54
    Nice write up. This is how I position my services. Instead of saying I provide PPC or SEO services, I say that I "provide quick access to motivated leads and customers while building long term lead generation solutions"
     
    • Thanks Thanks x 1
  5. Skyebug77

    Skyebug77 Jr. VIP Jr. VIP

    Joined:
    Mar 22, 2012
    Messages:
    2,602
    Likes Received:
    2,022
    Occupation:
    Marketing
    Location:
    Portland,Or

    I like it. I say something very similar .
     
    • Thanks Thanks x 1
  6. B-King

    B-King Newbie

    Joined:
    Nov 17, 2017
    Messages:
    16
    Likes Received:
    1
    Great post. What industry is best for generating leads?
     
  7. LukeH

    LukeH Newbie

    Joined:
    Aug 25, 2018
    Messages:
    13
    Likes Received:
    8
    Gender:
    Male
    Thanks for the post might have to look into this, One thing that's slightly confusing me is this;

    You've got a niche etc and have managed to generate some leads, now where do i find someone to buy these leads and how would you approach these people without sound scammy?

    Sorry if thats a stupid question, very new to this all
     
    • Thanks Thanks x 2
  8. Skyebug77

    Skyebug77 Jr. VIP Jr. VIP

    Joined:
    Mar 22, 2012
    Messages:
    2,602
    Likes Received:
    2,022
    Occupation:
    Marketing
    Location:
    Portland,Or

    The best niche's to focus on for lead generation are the ones that pay the highest amount of money. When you think of businesses in general you can sit down and write down a long list of things that businesses need.

    For example, Condo Associations (You can literally do this for any business). What do they need?

    Office furniture, office materials, tools, landscapers, maintenance company, business licenses, insurances etc. Obviously this is a very generalized list I am making.You could get more specific, for example they will need paper, printer ink, etc. All of these things are pretty intrinsic to their day to day operations. Maybe you could focus some attention on generating leads for an ink supplier, or paper supplier or maybe they've never heard about secured paper destruction services, and they need to definately learn about that because they deal with a lot of confidential information. Maybe they need to improve their security and protocols for this, and boom you have a lead for a company.

    Now I'm not sure what such a lead might be worth in that industry, as I said I do try to focus on leads that have higher payouts, so I try to think a little bigger.

    I know condo associations need to have insurance on the properties they over see. Maybe they arent aware of certain private flood insurance carriers that could offer the same coverage they have now, but at half the cost. Imagine how much money they would save (its a no brainer). Well, now imagine that condo association actually has properties all over the US and need a policy that carries a million dollar insurance premium. That sale is worth probably 50k to 75 k in commissions for an insurance agent.....

    Take a guess at how much they will pay for a lead like that... Here's a hint , probably more than what you make in a couple months.

    Hope this answers both of your questions. I like having this conversation, so if you have more questions just let me know.
     
    • Thanks Thanks x 2
  9. georgeD215

    georgeD215 Registered Member

    Joined:
    Nov 19, 2018
    Messages:
    52
    Likes Received:
    5
    Gender:
    Male
    Try to be original in all you do, do not copy others and you will attract the right people.
     
    • Thanks Thanks x 2
  10. TheBizCat

    TheBizCat Jr. VIP Jr. VIP

    Joined:
    Oct 30, 2017
    Messages:
    202
    Likes Received:
    120
    Gender:
    Male
    I've always had the best luck with Chiropractors.
     
    • Thanks Thanks x 4
  11. lefthook030

    lefthook030 Newbie

    Joined:
    Sep 22, 2016
    Messages:
    3
    Likes Received:
    1
    Gender:
    Male
    damn i love that idea...you have more examples?...ideas spinning in my head. What could sell in b2b too? watched all your videos already
     
    • Thanks Thanks x 1
  12. Louie French

    Louie French Newbie

    Joined:
    Dec 12, 2014
    Messages:
    2
    Likes Received:
    0
    How did you go about collecting the money? Can't the chiropractor simply just tell you that the potential client decided not to get the treatment?
    Or do you collect the money first before giving the lead?

    To the OP, I asked this in the previous thread you made:
    How do you collect the money? Do you use Paypal or something?
    And do represent yourself as a middleman or pretend that the product or service is coming directly from you?
     
  13. MLworkonline

    MLworkonline Registered Member

    Joined:
    Feb 4, 2015
    Messages:
    67
    Likes Received:
    22
    there is no pretending. there is no scam. there is no rip off. its a business. the chiropractor is not going to screw me out of a fee because I am going to take all the other leads i get and give them to that chiropractor's direct compeition who will pay me with a smile on his face. say a session at a chiropracter is 50$. costumers often return because their back doesnt get better in a day. last time i was at a chiro i had 8 sessions. that equals 400$. stiffing me 5, 10, or 25 or 50$ is not worthwhile for that kind of lead generation. in fact, if im treated well, I will work even harder to get them even more leads! and here's a hint. the costs of lead generation are often in the "first consultation" fee. 65$ first consult, 50$ a regular session. if i was paying 15$ for a lead, where is the end costumer eating that cost? in the first consultation.

    payment can take many forms. cash, long term contracts, retainer, services, perks. legalities in your jurisdiction may vary for what kinds of payments you can take/taxes you must pay.
     
    • Thanks Thanks x 1
  14. xavier23

    xavier23 Junior Member

    Joined:
    May 24, 2012
    Messages:
    103
    Likes Received:
    55
    Location:
    The Moon
    I agree. Lead generation is the best way to get started in this game.

    However don't overcomplicate things. There's no inventin needed. Find lead generation companies and copy what they are doing. Find their price points and copy those. Don't try and invent some new business idea just copy whats working.

    Man this is so easy. Make a lander, buy some fb ads, get a google form and BAM you have some nice leads ready to sell to the highest buyer. Just do the math so that the cost of ads is less than what tyou get from the sales.
     
    • Thanks Thanks x 3
  15. m4rkituss

    m4rkituss Junior Member

    Joined:
    May 11, 2015
    Messages:
    105
    Likes Received:
    25
    In terms of resources, what would we need?
     
  16. Mohamed Habib

    Mohamed Habib Junior Member

    Joined:
    Aug 16, 2018
    Messages:
    149
    Likes Received:
    13
    how would you find their price point?
     
    • Thanks Thanks x 1
  17. fc-dh

    fc-dh Elite Member

    Joined:
    Oct 20, 2012
    Messages:
    2,191
    Likes Received:
    1,691
    Occupation:
    Blackhatting
    Location:
    Den Haag | Netherlands
    Dude is posting and linking to old rehashed content to promote his clunky software, so obvious...
     
    • Thanks Thanks x 2
  18. Skyebug77

    Skyebug77 Jr. VIP Jr. VIP

    Joined:
    Mar 22, 2012
    Messages:
    2,602
    Likes Received:
    2,022
    Occupation:
    Marketing
    Location:
    Portland,Or
    This all applies to most businesses. Everyone has customers. Just figure out the ones that have the highest spread on how much you can make... Think of niche's that have large dollar amounts involved in the transactions. Those will be the ones with big payouts.

    Once you build a reputation you can start charging a retainer fee up front and just chip away at their leads at that first then just bill them. I haven't had any problem using paypal invoicing for this. If they insist on a card I also have a merchant account to process credit cards. But that has monthly fees associated with that. If you are going lowest cost to get started, just use paypal.

    To your last question, i never pretend to be something I am not, and depending on what I am trying to generate leads for and the system I set up, but if I am directly speaking with the people, I say things like " on behalf of" insert whatever company.

    I know people that just scour the web, fill out business contact forms, email them, call the companies on the phone. If you got some spare money to throw on some cheap ads and a web form, do what @xavier23 said:




    Well first thing, it comes down to how much a fee the business you gather leads for is making. The price of the lead has to make since for their ROI, and it also has to make sense for your effort and it also depends on the type of lead it is for and how much effort and costs it takes you to get your money back plus some to eat off of.

    Plato once said "Opinion is the medium between knowledge and ignorance".
     
    • Thanks Thanks x 2
    Last edited: Nov 22, 2018
  19. B-King

    B-King Newbie

    Joined:
    Nov 17, 2017
    Messages:
    16
    Likes Received:
    1
    I was thinking about trying to look for businesses that need copyright lawyer. Do you think that is a good one?
     
  20. Skyebug77

    Skyebug77 Jr. VIP Jr. VIP

    Joined:
    Mar 22, 2012
    Messages:
    2,602
    Likes Received:
    2,022
    Occupation:
    Marketing
    Location:
    Portland,Or

    IP law would certainly be very lucrative.