Making money online is great, but let’s face it, most bloggers and Internet marketers will end up making very little. When asked why they make so little, most will tell you they’re a small site and don’t have enough traffic. Therefore, it’s not shocking that a lot of the questions I get is on traffic generation. However, traffic is only part of the formula, and it really isn’t a big part. It is possible to make big money online with small traffic. What is more important than the traffic is how you monetize that traffic.
Are You Making The Maximum Amount Possible?
Most bloggers monetize their blogs with a Google Ads or other advertising networks. They may also do affiliate marketing by recommending a book and linking to Amazon with their affiliate links. The problem with this type of business model is the payout is very small. You’ll make 5 to 25 cents from a Google Ad click, $19 from a $37 ClickBank product, and a measly 60 cents for selling a $10 book on Amazon.
At these low rates, you have to do a ton of volume to make any decent money. Even at 25 cents a click, you’ll need 40,000 clicks a month to make $10,000 a month. Assuming two percent of your readers click on an ad, you’ll need 2 million views to make $10K! How many blogs do you know get that much traffic?
Scale Vs. Magnitude
There are two main ways to increase online earnings. You can increase traffic (scale), or you can make more money on the traffic you already have (magnitude). Most bloggers concentrate all their efforts on scale. They figure the key to making more money is by getting more traffic. If you’re making $1K a month with 100,000 views, then you should make $2K a month with 200,000 views. That’s the logic of it, anyway.
The reality is most bloggers will never achieve the scale required to make a living online. The funny thing is, it’s not scale that’s the problem. It’s magnitude. Most internet marketers are promoting small ticket items that makes them next to nothing. What they should be doing is going after big-ticket sales.
The Secret To Making Big Money Online
Let’s say you want to make $100,000 a year, and you have two choices to do it. The first is to sell a $10 eBook. The second is to sell a $10,000 mastermind. Which do you think is the easier path to $100,000: selling 10,000 eBooks or ten masterminds?
The answer is the ten masterminds. With the $10 eBook, you would need to sell 1000 times more products to equal the income generated by just one $10,000 product. When you have magnitude, you don’t need that much traffic to make really great money. I only need a few hundred clicks to make $28,800 in two days. Why? Because that amount represents just three product sales! How much traffic would you need to make that much with a $10 eBook?
If you want to make the big money online, you absolutely need to add high-ticket offerings to your product mix. Yes, it does take more effort to sell a $10,000 product than a $10 product, but it won’t be 1000 times more effort. It might take four, five, maybe ten times more effort, but it will never be 1000. Yet, selling a $10K product will give you 1000 times more income than a $10 eBook.
Most Internet marketers shy away from high-priced products because it takes more effort to sell them. While it’s common for a $10 info product to be sold with a simple sale letter, this can’t be done with a $10,000 product like a MOBE Titanium Mastermind. To sell a high-end product, a much more personal approach is required, and that generally means talking to the customer on the phone.
I don’t know about you, but I hate getting on the phone and avoid it like the plague. The Tel line on my business card has no phone numbers listed. Instead, it says “You don’t call me, I call you!”
The Solution – Your Own Phone Sales Team
How do I make big-ticket sales without getting on the phone? I let people like Max Aria do it for me. Max is a member of the MOBE phone sales team. All those big paydays you see me make, like $8,000 during lunch, Someone like Max makes those for me. Max does the work, while I live the Dot Com Lifestyle. Shortly after an interview, he was back on his Skype calling leads up and making money for the MOBE/MTTB partners. Max can do the same for you.
Setting up your own phone team is a very expensive affair. This is why I license a system like MOBE. They already have everything in place. My job is just to send the leads into the sales funnel, and then let the phone team take over.
More than 60% of my blog’s income now come from products that cost more than $2,000. These are the core products and profit multipliers. Most Internet marketers don’t have them because they don’t want to get on the phone, and they don’t have the resources to create them. The solution is simple. Create your own phone team and high-ticket products either by spending a crazy amount of money, or license a system like MOBE, that has the products and phone team already in place. For me, the choice is easy.
The best way to get started is by applying to MTTB. This is MOBE’s 21 step system to make your first $1,250, $3,300, and $5,500 online. You’ll also be given a one on one coach who will work with you, and answer any questions you may have.