The two questions that I hear a lot are something along the lines of “How do you make money quickly?” and “How do I build my list?” Well, I used to see those two questions as entirely different subjects. However, I now believe there are three solutions that can make money and build a list simultaneously .
Method #1: Give a product away -> Virally attract affiliates -> Build your list of buyers -> AND Make Money
You are going to give a product to a consumer. Following that, you are going to ask them if they want to SELL that product for an immediate profit (100% commission).
At first, you can give the product out in exchange for testimonials. Then you can drop the price significantly and ask those same individuals if they would like to promote the product for 100% commission. Remember to put your affiliate link inside your product that sells another product, or simply place another link to another one of your products.
Keep an open mind when it comes to finding people to promote your product. They do not have to have a list or even a website. They can draw attention to your product just by sending out tweets or making a post about it on Facebook. The download page will invite buyers to promote the product in exchange for 100% commission. This strategy will lead to a constant influx of new affiliates.
At this point, you are indeed building your email list, and you are making MONEY with the link you placed inside your product.
In addition to that, you can place your “money making link” on the download page. Just be sure that your 100% commission promotion is present on that page.
Keep in mind that the building of your list is more important than making a quick buck because people on that list are the individuals who will have a tendency to buy from you in the future.
BEING SMART: Place your affiliate link inside the product and on the download page to a continuity program such as an on-going membership/ software program. By doing this, you’ll get even more money (months in advance).
Method # 2: Sell written content cheap -> Provide live courses to buyers -> Invite them to promote your product
This method will include selling your report very cheap (roughly $5) in an attempt to get as many successful sales as possible. Collect your testimonials and put them on your sales page. Following that, upgrade the product to a “live training” program and sell at 7-20 times the price.
Make sure that you inform all your initial buyers that they will get the training program for FREE. Then ask them to promote your training program for a 50-75% commission. Essentially all they have to do is send people to your webinar.
At the webinar make sure you include valuable information that is substantial and then promote the offer. Remember, live webinars are very successful because buyers get a feeling that it is personalized, which makes them more likely to buy what you are selling. Once again you are making MONEY and building your list.
Method # 3: Contact forum owner -> Offer 100% commissions -> Recruit buyers into affiliates
This method is very similar to method 1. However, this time you are going to give your product away, contact forum owners (as well as website owners) and introduce the idea of 100% instant commissions in exchange for their cooperation (promoting your product in banner ads on their site).
The one-time offer page will now offer buyers a 100% commission if they choose to sell your product. Do the same thing on the download page as well. Also, you can add an affiliate link inside the product and on the download page. This will allow you to make even more cash.
Remember, methods #1, and #3 are all about building a list that is comprised of people that will accept promotions from you in the future. The second priority is making money quickly.
Method#2 is essentially the reverse of this. Just think about selling a $100 training program at 50% commission. You can make some serious money very quickly. Additionally, you are building your list. You’ll actually have 3 lists. One consists of those who purchased your inexpensive product. The second is comprised of those who signed up for your webinar. Lastly, there is the list of those who made the big investment in your training program).
Now you should know that even a new marketer can make money and build a list simultaneously. All it takes is a little work, strategy, and determination.