Monday, April 27, 2009

Newest Marketing Thought - Passive Income while building my list!

Over the past month I've been focusing on building my list. The biggest thing I've learned about online marketing is that programs come and go, but having your own personal email list is the Most Valuable Thing You Can Build

Yes, there were some CAPS in there for emphasis :)

A little over a week ago I thought it would be a good idea to offer a free ebook to prompt visitors to join the mailing list. So I got that 13 Deadly List Building Tragedies -

It got a few people to get that ebook, but I kinda realized it was kind of a lousy program. Maybe lousy is too strong of a word, but what I mean is that the ebook had minimal amount of usefulness (at best) - And really wasn't filling anyone's needs. If your giving something away, I would think it much better to give away something people actually NEED :)

But I liked the idea of adding a free product to my subscribers...

During last week I was working on my newest project Viral Ebooks. This seemed like a really good way to give away something VALUABLE - So I joined, branded my own ebook and put it on my site as a free giveaway.

I was also reading something about autoresponders and the "thank you" pages we use. AWeber does a really good job about getting us Useful Information and ways to keep our subscribers happier.

I realized I wasn't using a Thank You page at all.

So last night I build a Thank You Page for all people who join my Affiliate Curve email list -

Now, what I put on that Thank You Page also builds income and referrals for me as well. What I did was add My Viral Ebooks link and explain to all my subscribers that this was a great way to build THEIR email lists as well.

This is how I am using it: Read to the end to see where this all comes together

I give away the Ebook I made from Viral Ebooks. All my subscribers get a valuable product.

As soon as they sign up, they are directed to my Thank You page where they can see what I'm doing. They can join Viral Ebooks and start making their own ebooks - By giving them away (or even selling them i suppose) they will be giving away valuable products and building a list at the same time.

Anyone who joins Viral Ebooks has a chance to get the One Time Offer (yes, I hate them too but this is a good deal) $47, but a full 30 day trial with 100% refund -

If they pass on that, but later upgrade, it's $17/month - Of that, 50% goes to the affiliate

So I make either $30ish on the OTO purchases from my referrals, or I make $8.50/month for each upgraded member...

Even if they join free, that is fine too - They are still subscribers. And if they truly want to BUILD their business, they might see this as a pretty easy way to do that - By giving away their own branded ebooks -

So the more people I add to my list, is just more people that give me a chance to earn PASSIVE income from.

I get ALL of that by just making a Thank You page and giving away a great ebook.

That is what passive income is all about - Now all I do is promote my website and get as many people as possible to join my email list. Yes, I take care of my subscribers and I go out of my way to give them GOOD resources -

What would you need to do this? You need an autoresponder first - And a GOOD ONE! Not some crappy downline builder thing you can't use. You need to create forms, add them to webpages etc.

Get AWeber - seriously, don't waste your time with anything else. I've tried DOZENS of other ways to save a buck or 2 - They are all garbage or super complicated.

You need hosting - A Blog is an okay way to start here also, and it's free - But eventually, you should get your very own hosting account. Build your website, give away an ebook and use your AWeber account for keeping good subscribers!

Yeah, I like Home Stead here - Very easy to build pages, add forms etc. It's a great hosting plan for beginners!

Also, you need something to give away (obviously right :) - I really like Viral Ebooks. Not sure if there is better or not, but these are FULL of great products. I'm using it to give away stuff on my site, but I also listed the book for sale on ebay. You can sell the books - You can give them away - Another benefit of building these is that you put in YOUR Referral Links! So by giving away ebooks, you build your list AND have a chance to earn income through ClickBank, AWeber, etc - All these ebooks are rebrandable - That income portion isn't the most important to me, right now. I think it's more important to focus on my list -

Join Viral Ebooks -

By giving away Viral Ebooks on my Thank You Page, it gives me a chance to earn passive income and even more referrals by just giving away ebooks and showing my subscribers how to do exactly the same thing!

And it's all passive income - It took me 1/2 hour to build my thank you page last night. After that, I just changed my Thank You web address in my Aweber autoresponder to direct all my confirmed subscribers to my own Thank You Page. And then everyone that subscribes to my list can join Viral Ebooks just the same way -

I think it's genuis - I think it's something ANYONE can follow - And I love it

1 comment:

cowboy13 said...

Great idea Paul. Nice to have someone explain it. I have been wanting to tackle that portion of the business but have been a little confused by the whole thing until now. Thanks again for all the useful tips. Keep up the great work, Mike Erwin