My Top 4 Fail-Safe Internet Business Models
Let me ask my most *IMPORTANT* question to you:
Are you focusing on proven and profitable business models, in a STRATEGIC way… Or just chasing after opportunities?
The sad truth is, MOST of the “How To Make Money Online” products on the market today are incomplete. They are just individual pieces of the bigger picture.
And for most people, they don’t even know what their current business model is. If you are not modeling after successful business models, you are preparing to fail online.
And in today’s post, I’ll reveal in detail that how these models work, and whether you should choose them or not.
Firstly, I need to mention 2 models I personally DON’T recommend…
Blogging
Those big blogs rely on this model because they have attracted MASSIVE amounts of traffic. They make real money because their traffic is HUGE.
However, most amateur bloggers are just blogging for Adsense clicks and selling sponsor ads. They have little traffic, so they earn pennies.
But there are plenty of business-oriented blogs that drive significant revenue without massive traffic, since they only use blog content to attract ideal prospects and convert them into new customers.
They use their blogs as landing pages to increase the CTR of email marketing campaigns. They use them as platforms to communicate with potential prospects. They use blogs to reach and presell the customers as well.
That’s how those “Pro Bloggers” are blogging to the bank.
You can learn more of this debate on one of my favourite blogs Copyblogger.
For my part, you should never rely on blogging as a separate business model. It’s just a valuable part of other business models.
Google Adsense
This is a business model which I don’t recommend either. Yeah, I know I know. I know some people are having great success with Google Adsense.
And in some niches, you get as much as $1 per Adsense click. But it usually means in niches like these there are affiliate programs pay as much as $125 for every sale!
That’s the reason why the Adsense advertisers can afford $1 per click. Let’s suppose a advertiser spent $35 on Adsense advertising. He got a $125 sale so he made $90 in pure profits. Google took $5 of the $35 and paid you $30 as your Adsense earning.
In this case, if you promote this affiliate product instead of putting Adsense on your site, you will earn $125 (instead of $30), with the same traffic.
But now, many Adsense publishers have noticed that their earnings have dropped over 75% over the last 2 years. And if you have AdSense ads on any of your websites, I’m sure you have seen similar results. It’s even harder to find those high-paying niches.
Worse even, you may not know how dangerous it can be to rely solely on AdSense as your main income source.
I know a marketer used to mass producing web sites, throwing AdSense code and made big Adsense checks on them. Then, disaster struck and all of his web sites were gone – thrown out of the search engines, traffic died up, income gone.
You may even got your Adsense account shut down by Google, without knowing what you were doing wrong!
So now, follow me and I will reveal some of the most profitable (and evergreen) business models to you:
1. Info Product Creation and Marketing
You probably know that in order to run a really profitable online business you *should* have your own product. There are massive benefits to be an info product publisher.
You can do the up-sells, down-sells, make backend offers…You can do anything to maximize your margins, and everything is under your control.
You can also choose to run your own affiliate programs, do joint ventures and leverage other people’s efforts.
But the problem is, it can take a lot of time andmo’ney, so you may shy away from the thought.
The truth is, it doesn’t need to take weeks or months to create your own info products!
Even 7-15 Page Reports Can Be Turned Into A Six-Figure Business.
You can create your own products quickly and easily using Private Label Rights Products, or hiring freelancers to create content for you.
2. Membership Sites.
Operating membership sites is one the best ways to go to create a strong and long lasting business. Instead of a single, one-time payment, you charge your customers a regular fee for your membership.
Your membership sites give you a stable, predictable cash flow month after month.
In fact, if you ever want to sell your membership sites, they are the easiest businesses to value, and they get the highest prices when they are sold.
Everybody wants a membership base that pays a recurring fee every month.
There are many ways to run a membership site. You just need to provide something that people want and are willing to pay each and every month for access.
I will recommend this membership sites creation course, if you ask me:
http://CBHelper.net/OvernightMembership
3. Pay-per-click (PPC)
What’s “pay-per-click” and does it work? You may heard lots of good things about it. Basically, Pay-Per-Click (PPC) advertising means that you literally pay a specific amount of money per “click”, or in other words, per visitor to your site.
The most popular pay-per-click program is Google Adwords. You bid on some specific keywords and when people search for these keywords, you ads appear. You only pay for someone actually click your ads and browse your websites.
This model works because you are paying for results. However, newbies can easily lose money in this model when they get started.
Because it’s all about numbers.You need to track cost, profits, ROI (Return-On-Investment), you need to track and analyze everything.
It may not be easy to start your first profitable campaign. The super affiliate Amit Mehta once said, “I started 15 failed campaigns and on my 16th campaign I make $10,000 profit in the month of December.”
Do you get the point here?
It may take you a month to get your first $500/mo campaign. Hard work, right. But what if you just crack out one $500/mo PPC campaign every month? You will be earning $6,000/mo at the end of year!
When you are familiar with this business, it’s easier and easier for you to find out profitable campaigns. When you got a handful of extremely profitable keywords for your PPC campaigns, you can choose to do some SEO work and rank them well in the organic search engine results, and make more money.
And last, I need to warn that this model isn’t for everyone. But everyone should try it because when you are familiar with dealing the numbers, you are on your way to building a successful online business.
4. List Building and Email Marketing
This is the business model I urge every serious marketer to use. Email marketing is something just about ANYONE can get started with and it can be VERY profitable if done correctly.
Most un-savvy marketers just find all kinds of method to monetize the traffic, without keeping the names for their future use.
It’s like you’re losing 10 times the money, if you don’t grab the names. Why? Because you can turn 1-time visitor into a lifetime customer who buys 10 more backend products from you, by marketing your list.
What’s the use of working to grab traffic, when you only have 1 shot at marketing to them? So never let a single name pass through your fingers.
A well treated list is worth $1 per subscriber per month. Say you have 1,000 leads, if treated well, can generate $1,000 each and every month.
You can keep making profits from your list for years and years to come. It will be your most valuable asset in your entire business as your list grow and grow.
At the least SETUP One MAILING LIST! It’s will be your best asset and continue to churn huge profits for your business month after month. You can use autoresponder tools to build your customer base up, so that you can market to them repeatedly.
If you want to build a long term, sustainable Internet business – start building your list now. Do not quit on the other stuff you’re doing, but do devote some time to list building.
The best list building/email marketing course so far is Chris Rempel’s Rapid List Profit Formula. I respect this guy because I can always learn some interesting insight from him that no one ever revealed.
Are you using one or more of these models? It is GOOD to diversify but NOT in the beginning.
And what’s your experience and stories? I’d love to hear your feedback!
To your amazing success,
Henry Zeng
Related Posts
Subscribe Henry's No-Hype, No-Scam Marketing Newsletter to Boost Your Online Profits for Free!
Please
ensure you provide a valid email address,
other than Yahoo, Hotmail or MSN
because we're currently having problems sending emails to them.
Thank you. |
Tags: adsense, blogging, business models, Email-Marketing, info product creation, List Building, membership sites
Did you enjoy this post? Why not leave a comment below and continue the conversation, or subscribe to my feed and get articles like this delivered automatically to your feed reader.
You have done a very detail research on each topic that I can say. The real fact is no one knows what would happen in the coming years and are just follow their instinct with what others might do.
I agree with all the facts you have been made and the basic still come back to the lists.
Anyway, thanks for sharing for such a unique content.
Keep it up.
Hello. Thank you for this great info! Keep up the good job!
thank you! I really liked this post!
Very well explained. Thanks for sharing those valuable online business models.
Hey Henry,
A great post!
I am fairly new online, but everything you say makes sense.
I am just in the process of writing my first e-book with my experiences so far 🙂 I just want to add value, and give people something to help build those all important relationships!
I have added your rss feed to my email!
Talk soon,
Paul
Pretty good post. I just found your site and wanted to say
that I have really enjoyed reading your blog posts. Any way
I’ll be subscribing to your feed and I hope you post again soon!
Is this proven effective, is it reliable. I would like to be sure since it would be very risky if we try it and not so sure if it has reasonable outcome.
Blogging is how I got started making money online. You should have posted this a couple of years ago for me!
[…] should build your business on various income sources and business models. You can’t depend only on Adsense to make money […]
You did really a good research on your post although I must say that Google Adsense really works but not that much, for me only. I don’t know about the others.
Hi Henry…i loved your blog….it definitely helped me to look at what I have been doing and to change up some things and Im hoping this will help…thanks again for the great advice