The question, How to make 100$ a day (in passive income) is so common that I believe every (somewhat) successful internet marketer should have a FAQ and include this very question in it.
And the fact is that it is very valid question,
Because I believe that getting to that 100$/day mark is the most difficult task out there.
I mean of course you could make a quick buck by simply finding a seasonal niche that doesn’t have much competition, build it up with a few pages and content, get some backlinks up and as soon as the traffic surges a peak, you can sell it for amazing profits and I’ve discussed exactly how I made $3,200 with six hours of work.
But that’s another story, here we are talking about building 100$ day after day and all of it in passive income i.e. once you’ve the system ready, there shouldn’t be a need for you to even exist to generate that revenue.
Yes, even though a lot of people would find it to be bit of exaggeration but if you can outsource smartly, even scenario that is possible.
So, let’s get to the point.
Here is how I make 100$ or more (monthly average) day after day like clockwork.
First of all,
I am using Clickbank as to find products that I can promote as an affiliate and also as a platform to promote my own products (more on that later),
But you can use any other affiliate network like commission junction to find offers and products that convert best for your traffic or niche.
And this method applies to every niche because it works on the basic principle:
Targeted Traffic + Converting Offer = Profit
To explain this in a three step process:
1. Find a product or offer that has proven record of good conversions.
2. Drive Targeted Traffic to your product/offer/service.
3. Make Profits
Now yes, there can always be alternatives and modifications that can increase your revenue like creating your own product instead of promoting other’s but I would recommend a very direct approach if you’re not earning 100$/day or whatever your minimum goal is (which is most probably why you’re reading this).
Do not reinvent the wheel, just till you’re not in a position to do it.
Follow what’s already working and you’ll soon develop a mindset that will allow you to expand and innovate your own ideas and effectively execute them.
Okay, so if you’ve been doing your research online,
You must have found this exact method shared in parts and that is not something I am concerned with. I know you are still looking for the answer and this is the final answer that you need to actually get started and see cash flowing in.
So, let’s get started.
Step 1 : Niche Selection
It can be anything, dating, weight loss, making money, sports, men’s health, women’s healthy, acne or in short any possible niche that is related solves a problem or inculcates the emotion of happiness.
I would recommend something that you have experience with or something in which you understand what your target audience is like, their likes and dislikes, how much probability do they hold to spend money and small details like that.
Even though it is not a necessity for direct marketing, it will help you increase conversions and generate more profits.
Since, I am a teenager and the one that loves food, I have been working successfully in niches like dating, weight loss, height gain and making money online. These niches are the one’s in which I can easily connect with my potential buyers and thus compel them to buy what I’m selling.
Step 2: Traffic Generation
Now this is something that a LOT of people struggle with and it’s not as difficult as you perceive it to be.
Now there are a lot of ways which you can use to generate traffic and I would recommend to stick to a couple of em at first, instead of spreading yourself too thin.
Consolidate on the one’s you choose and then expand.
So, here is how you need to go about each of them if you’re just starting out.
Pay Per Click : The 5$ Approach
Now, if you’re just starting out then I know it’s pretty hard to start with a required investment and to test what works and what doesn’t so the best way to go about is to head to fiverr.com and find sellers who are giving away 100$ Adwords and Adcenter coupons for a just $5. I mean that way you could end up with upto $500 or more at your disposal with a minimal expenditure of 25$.
1. Just signup with a ad network using coupon codes.
2. Setup a Compelling Presale page/ Review Page(Mentioned later)
3. Direct Traffic to the product.
Well, this is some of the most talked about topics among webmaster and the sole reason is that it works big time. The traffic you get from search engines is highly converting and it has worked out to show some great conversions for me.
Now again there are a lot of ways by which you can draw a nice amount of eyeballs to your money sites and I’ll be discussing both short term and long term approaches to this and if you’re just starting out then I’ve got something that will get you results much faster than the traditional processes.
Method #1: Leveraging the power of Authority Sites
If you’ve read anything about SEO and how websites or rather webpages are ranked in Google then I’m sure you know that site authority plays a vital role in getting your pages ranked for a particular keyword.
If you didn’t know that, well now you know 😉
Now let’s get straight to the point.
If i’m new to a niche and looking to test the waters before putting in any big investments in a particular niche, what I do is, I build a quick one page presell or review page on a high authority web 2.0 site like hubpages, squidoo, zimbio or blogspot and then build some large amount of links to that particular web 2.0 property to get it ranked and see how well the traffic responds to the my product.
If I find the traffic and the product to be profitable enough to get into the niche big time, I develop further into the niche.
Now, you might have read that building a large amount of links can get you sandboxed, de-indexed and you can very easily lose your rankings but as per my experience, all that does not apply to high authority sites.
Websites like Squidoo and hubpages are generating hundreds of pages of content and thousands of inbound links every single day and thus when your lens or hub gets a few thousands of links isn’t unnatural at all and as thus every single link that you build for your web 2.0 property acts in your favor.
I’ve personally tried it and I’ve never lost rankings for building too many links to my web 2.0 property.
And the tool that I personally use to build bulk yet high quality links for my web properties is Magic Submitter and it is the ONLY application that caters to all my needs. Plus it is pretty affordable when compared to other
Method #2: Building Mini sites
Mini sites is another great way to test how well your traffic responds to the offers that you have.
The process is pretty simple:
1. Choose a low traffic (1000-3000 exact match searches) and low serp competition keyword.
2. Buy an exact match domain or one with hyphens(if you can’t find an EMD) and build the presell page as your homepage. I would recommend to use WordPress to build your minisite.
3. Build backlinks to your mini site on a consistent basis until your site ranks on the first page or preferably in the top 3 positions for Google.
Method #3: Build an Authority site
Now this is one method that requires time and dedication but can yield a much better and long term ROI as you’ll be targeting much more keywords, thus you’ll be getting a lot more traffic and increased sales over time.
Moreover, as your site grows, it becomes easier to rank for new pages and high competition keywords.
I’ll soon be writing a my personal guide on how I build authority sites so you don’t have to do the guess work. So make sure you’re subscribed to my newsletter and stay updated.
Discussion Forums and Answer Sites
These are another two great platforms where you can find potential buyers and if you’re promoting a product that really makes a difference then your chances to profit are pretty thick.
You can find threads and people who are facing the problem that your product solves and direct them to your presell page.
The most popular answer sites are definitely:
For Forums you can either search through forum search directories like Boardreader. or google search
“keyword + forum”
to find niche specific forums.
Now that you have some nice targeted traffic to which you can sell a product that syncs with your traffic, there are two ways you can go about it:
1. Email Marketing: Build an e-mail list so that you can build a relationship and pitch them with multiple products over a period of time and thus increase conversion rate for the traffic you receive over the period of time.
2. Direct Marketing: Pitch them with the offer you have and get them to buy your product, without any distractions or changing their state of mind.
Now, these topics are pretty macro and beyond the scope of this one post so we’ll be discussing both of these in much more depth in the coming posts as it’s much more than just what 90% of the marketers(who fail) do and i.e. to redirect your traffic to the sales page. We’ll be discussing about the importance of a presell page when direct marketing to your traffic and how to write compelling e-mails and build trust with your list and build a highly responsive one.
Make sure that you subscribe to my newsletter below and stay tuned!