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Real Success from The 'REAL' Online Business.

Discussion in 'Making Money' started by carsonrathi, Dec 29, 2008.

  1. carsonrathi

    carsonrathi Senior Member

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    Hey Guys,

    This is my third thread specifically earning from 'White hat' business model.

    Who can use it?

    2009 gonna start very soon and i am sure that there are lot of members (new and old) in BHW are still finding it hard to make some decent earning online. FOR some people this will be like 'another' informational thread and i am sure that ONLY 1% of the people reading this will make use of it and will soon share there success story. So guys, here's my lil knowledge about TRUE and FOREVER online business. (That's what we want, right?)

    Allright, i classify online business in ONLY 2 categories:-

    1) Black Hat Business:- Well i am not sure that i should use 'Black hat' and 'Business' together, because generally BH stuff have shorter life frame BUT at the same time it can earn you LODS of cash in short time.

    I ONLY use one form of BH stuff this constitute only 10% of my overall income (my averages are $100/ account and i have 7 EPN and 4 Shopping ads account)

    But i know that this is something TEMPORARY and one day ebay will f**k me and all my accounts, but again in Black hat biz we have to move on.

    White Hat Business

    Now, Next 20% of my business is from eBay, i use ebay to sell information products by CD, ship them to customer and provide them with backend offers (In the CD) which help me in building my double optin list. This also help in gaining lot of back end sales. Due to the change in ebay's digital item policy, i say 70% of the ebooks seller quit (i was one of them earlier) now guys BELIEVE me ebay's ebooks market is virgin and its not about selling ebooks for $3-$4, you can easily get over $20-$200/ customer as you can add lot of stuff in your personalized CD's.

    My next 20% of income comes from the sale of my ClickBank ebook, i made this product in june,2007 and TILL now i am getting sales due to the affiliates promotions and some Joint Venture's. It took me 15 days to create a 'Rehashed' ebook from different ebooks, i outsourced my sales page at GAF and i paid $50 for ClickBank listing and that's all. It still pays me on itself.

    And LAST and MAIN 50% of my income comes from 'MEMBERSHIP SITES'.

    You read it right, today it's all about membership sites. I have 4 membership sites and my resolution of 2009 is to add one membership site in every 30 days.

    In ONE TIME SALES website, you just get paid one time for a sale however in Membership sites you get paid 'n' number of times and the efforts to make s 'sale' is same in both type of modals.

    Whosoever is reading it, i want it by FORCE that if you are looking for 'Long Term' business, start throwing membership sites and get automated revenue. So how do you create membership sites?

    1) Get a free script from BHW. With a simple search you will find lots of them.

    2) Select the 'best' ebooks from your hardrives and save them in one folder, Please note that all the ebooks needs to be from SAME niche. Now, use any freely available 'Pdf to word' converter and convert all ebooks in Word format. Open a new word pad and start pasting the different methods from different ebooks into one word pad. For example you have 7 ebooks on 'How to loose weight' so for sure every ebook might be having several methods in them, o copy 2-3 methods from every ebooks and paste them in word pad. Now add some 'Introduction' and 'Legal declaimer' on the starting. Now use the 'Word to Pdf' convertor like 'Nitro PDF professional' (which you can find for free in BHW) and covert your word sheet into brand new ebook.

    I am sure you might have some questions like:-

    1) It is rehashed stuff so will it increase the 'refunds', as the information is not new?

    Ans:- There will be some refunds even when you have completely new product. Always remember that its not essential that what YOU know, is also known by your customer. You can check the 'Google trends' and see that there has been in increase searches of the termas like 'Make money online' and 'work at home' because every day millions of people are coming on internet to look for 'information' to make some passive income.


    How to create 'Sales Page' quickly?

    Ans:- there are two ways. Either outsource it or make it yourself. But i suggesst you to make it yourself using very simple technique.
    As you have created an ebook based on suppose 7 ebooks, so simple visit the sales page of all those ebooks website and copy 1-2 paras from eash of the sales page and REWRITE them in your own words. You will get your own sales page in 30 minutes and also you can be sure about the conversion rate as the 'experts' are already using it.
    For graphics, there very professional templates out there, you can use them or simply make order them for $100.


    By now you should have a membership script installed, your own ebook and sales page.

    How to get affiliates and Payment button?

    Ans:- Yesterday a generous member share a smartDD script here, you can download it and install it on your server as it will AUTOMATICALLY deliver the unique download links to the customer's paypal emails.
    However i recommend you to use PayDotCom as you will instantly get your product listed in there marketplace. However PDC needs one sale before you get your product listed in marketplace, so simply price your product at $1 and buy yourself once using PDC and then increase the rates, this way your product will get listed in PDC marketplace and thus you'll get more exposure to the product.

    Importnat Structure of your membership site

    In membership site you need to have sales page, OTO, downsell and more offers in membership area.

    You can download membership script from:-

    http://www.blackhatworld.com/blackhat-seo/member-downloads/17474-get-launch-formula-marketing.html

    Sales Page:- we have already discussed it above.
    OTO:- This is VERY important aspect of your website, you need to have OTO's and you NEED to price them at least 10X of the product's original price. OTO's can be anything, so if we take our previous example of 'How to loose weight' ebook, as an OTO you can offer something of very high value.

    DownSell:- If your customer say 'No' to your OTO then IMMEDIATELY provide them 50-75% discount on the previous OTO's but even if he leave the offer then DO NOT provide them any other offer simply provide them access to the product.

    Affiliate Offers in members area:-
    For additional revenue you need to have different related offers in membership area. My 4-5% customers always buy the recommended products.


    Payment processor:- Paydotcom or ClickBank, further you can use your CC merchant account (if you have it)

    Chat Window:- What if your site's visitor is leaving your site?
    Always, there will be 2 reason for it either They are not interested in the matter (we can't do anything, let them go)

    OR

    The price is high, in this case we will use the 'Virtual Smart Agent' so when ever your site's visitor click on 'X' button to close the page, they will instantly get the chat window to offer them up to 75% discount. SO, probably you can get the small sale.

    Feel that 75% discount is very high?

    Think like this, if they buy at 75% discount, first you will charge them Every month, second you still have OTO's and downlsells to offer + membership Area offer's. ALSO, do not forget your can always advertise to those customers using broadcast as you have there name and emails.

    The 'Main' concern, How to get 'Targeted' traffic?

    Well here i can't share my every traffic resource but here are some proven sites:-

    1) Get instant traffic from ebay. As we all know that 90% of ebay user's (buyers) type there want's in ebay search and ebay shows them relevant results. SO you can make FAKE ebay account and list 10-20 auctions a day in ebay Classifieds and you can simply copy/paste your sales page in it with order button. You can expect to get upto 5% conversions from ebay.

    Don't forget to drop the sweet 'cookie' in your auction :)

    2) LeadsLeap:- i have advertised on LeadsLeap and get 2-3% conversion and broke even with them but REMEMBER, we are dealing in 'recurring income' site so you will get paid month-by-month for single sale.

    3) ViralURL:- HIGHLY RECOMMENDED, it can drop some good traffic on your websitwe which really converts.

    4) DONT USE ADWORDS:- Personally, i am not able to make decent revenue from adwords in membership sites concept. I personally realized that google visitors DO NOT BUY for recurring chare products.

    Using the 3 traffic sources above you can expect to get 50-60 unique visitors a day and of course 2-3 sales but when you start making money you can buy lot of traffic from different sources.

    What should i charge my subscribers?

    Always put 2 options in front of your membership site visitors like Gold membership and Silver membership, one with low charge (paid on monthly basis) and another one is ONE TIME payment. For example keep solver membership for $7/month and Gold for $47 one time. Very strange to see that 70% of your buyers will go for ONE TIME PAYMENT.
    Always end you price with '7' , i don't know why but this results in more sales.

    So my total income comprises of :-

    10%- BH method (Cookie stuffing)
    20%- eBay ebooks Business (with backend offers on CD)
    20%- ClickBank product (my own ebook)
    50%- Membership site income (recurring and fill my paypal account every month :))

    Now, i am sure most of the members may know all this but what i have shared is something what i am doing and will do for rest of my life. This works and ONLY this can let you drop your 9-5 HELL!

    All this can give you your 'Guide Map' for the year of 2009. It's NOW or NEVER.

    Guys, there's LOT of money out there and you have lot of time to try different stuff HOWEVER first, make your bae strong by opeing your white hat business because it will always give you money for your other activities'

    One more thing i didn't do proof read, so there may be help lot of errors. Sorry for that.:(

    :cow_yello :cow_yello :cow_yello :cow_yello

    Tired of writing, Love you all!

    And wish you a very happy and prosperous new year!

    Thanks,
    Carson

    P.s:- Still working on my English :D ... give me some more time ..:)
     
    • Thanks Thanks x 99
  2. pasdoy

    pasdoy Power Member

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    Really good thread :D give me lot of idea since im new in business
     
  3. sereja

    sereja Newbie

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    Excellent thread. I also believe membership sites are a GREAT way to make money (who can argue against recurring income??)

    I would also advise people to start partnerships or JVs. Find experts in your niche, and see if you can work out some kind of deal where they provide the content, and you take care of the technical aspects/marketing and you split the profits. There's a lot of routes you can take with membership sites.

    However I don't agree with you saying that they're the ONLY way to drop a 9-5. Just one of many. :)
     
  4. jmhmedia

    jmhmedia Junior Member

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    I'm impressed! I've been thinking to myself that I need to maintain multiple steams of income - my problem has always been that I burn hard to get a project started, set it on auto-pilot and relax until the next big idea but I think it's great you have 3-4 businesses running that the same time all working together. Going to need to put some thought into that myself and I like the idea of recurring income :)

    Thanks for the great post.
     
  5. carsonrathi

    carsonrathi Senior Member

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    Hey you are correct it's not the ONLY way. Actually, what i wrote is something what i am doing so i used 'only' word in my opinion. There can be hall lot of 'ways' to make money but what i am taking about is not a 'way' it's a 'business'...:)

    Thanks.
     
  6. Vashtai

    Vashtai Junior Member

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    How does one upkeep a membership area?

    One must go into their member area, and simply add some new content to it every month, right?

    I never understood this whole membership site obsession, or how it works.

    Still, awesome thread.

    I could not help but think the entire time while reading it, that this is what EVERY one of those WF "gurus" do. Finally, the REAL secret to all their riches and scamming ebooks. :p
     
  7. carsonrathi

    carsonrathi Senior Member

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    Hi,

    Yes, you have to add content between 25th-28th of every month so that your members can continue there membership. Another rule of thumb is that irrespective of how good your content is, minimum 20% of your subscribers will leave every month. There's lot of information on internet you can provide fresh information easily, every month. Simply outsource it to GAF for pennies.

    Thanks.
     
  8. sereja

    sereja Newbie

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    As said before, you can do anything with a membership site. An update every month is on the low side, however. I would personally shoot for one a week, maybe more maybe less - it depends on the niche and membership cost.

    If you don't have any experience with membership sites, simply become a member of one and figure out how they work. There's no real mystery. it's switching the mindset from being a member to actually running the membership site that's the hard part.

    Hope that helps :)
     
  9. sevenths

    sevenths Newbie

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    i'm absolutely impressed with the 'real' story of how to make money from a person who generous here. I know it so many things we can do to make money online but most hard problem arise is where should we start first. ( this happen to me also)

    my mind start thinking after this valuable thread. thanks again! :D
     
  10. sereja

    sereja Newbie

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    I agree, these types of threads are what I enjoy most about BHW. Real thought provoking threads :)
     
  11. carsonrathi

    carsonrathi Senior Member

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    Hi,

    You are correct, this is the foremost question, where to start?

    So, here's your quick start guide:-

    1) Make a folder on your desktop and name it as 'Working'

    2) Copy 7-10 ebook of same niche in the folder.

    3) Convert them to 'word' format

    4) Copy/paste one para or technique from each ebook to new word file, convert it PDF

    5) Buy webhosting and domain (related to your niche)

    6) Install the LFM script (link provided above)

    7) Write sales page (as above)

    8) Make OTO,s Upsell, Downsell and virtual chat agent

    9) Make PDC payment button

    10) Start driving traffic. That's all

    This process should not take more then 2 hrs and you don't need to repeat it once you create your site, your concern is to drive traffic only.

    So start right now and complete in next 2 hrs.

    Thanks.
     
    • Thanks Thanks x 3
  12. btheory

    btheory Junior Member

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    Awesome - I really appreciate the time you took to compile this information for everyone here.

    A warning to all those who are "mem site noobs".. Developing, launching, and promoting a successful mem site is not as easy as it seems - but as carsonrathi laid out for us, it is one of the most sustainable methods of generating income online.. with MANY untapped niches (most mem sites are in the MMO market)...

    Practice, practice, tweak and practice... until you have your perfect model, with shortcuts and all... pretty soon cranking out 1 successful mem site per month will be like cakewalk, and you keep funneling a portion of your profits into further improving your biz model...

    Before you know it, you'll be making money while you sleep..
     
    • Thanks Thanks x 1
  13. carsonrathi

    carsonrathi Senior Member

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    Very well said Btheory, but again you have to 'initiate' the process..
     
  14. safaristyle

    safaristyle Regular Member

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    Nice tutorial thanks for sharing..btw how much you will charge if you want to setup a membership site for someone else.
     
  15. carsonrathi

    carsonrathi Senior Member

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    Hi,

    You really don't need to pay for it, you can set it yourself.

    However if you want, i have an extra membership website, but m not sure to sell it yet...

    will tell you later..
     
  16. heiny

    heiny Regular Member

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    ViralURL...Err..How do you use that website properly??
     
  17. carsonrathi

    carsonrathi Senior Member

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    Hi,

    When you become viral URL member, you'll get different paid advertising options, which can bring instant traffic to you...

    It's paid but actually working.

    Thanks.
     
  18. heiny

    heiny Regular Member

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    Hmm...
    You advertise their little shit banner on top of your page and when people use it & click through >>> sign up you make $$$?

    Or...Where does the traffic come from?? lol. Im a bit baffled by this program
     
  19. carsonrathi

    carsonrathi Senior Member

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    Hi,

    If you are not satisfied by this then you should probably try ebay.com, you will get instant traffic to any niche.

    Thanks.
     
  20. marioland

    marioland Registered Member

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    I never gave a chance to a membership site, although I design minisites for others... But it's NOW or NEVER :) Thank you for the guide!