Money Making Cycle
Money Making Cycle
Money Making Cycle
Money Making Cycle
Once you make your list and get the client in your sales funnel, this is where the Money Making Cycle comes into effect. Once your sales funnel is up and running this will generate more members and more money.
Prospects A prospect can come from anywhere, including a few dozen traffic sources. You might pay for traffic or use fresh content to generate traffic organically. You'll need a source of new prospects to feed your magnet.
Opt-in Page Once you get prospects to your squeeze page, you'll provide valuable content and an incentive to provide their email address. I like to offer a few articles and content rich pages on my squeeze pages, along with the opt-in link so they can get more with my free report.
Prospect Pleasing Machine Once you've enticed those prospects into your list, they go into the prospect pleasing machine. This is where they will receive your 12 months of follow-up newsletters loaded down with valuable content they'll enjoy reading, and where you'll offer your regular promotional content. Become their friend and make sure they enjoy reading your emails and don't just delete them when they see your name.
Happy Subscribers A happy subscriber is a good subscriber and if you provide high quality content, you can all but guarantee they'll be happy. This is where those happy readers go and tell their friends and fellow niche followers.
Making Money Here's the step we are all aiming at achieving, but too many marketers focus on exclusively and ignoring everything else on the list. If you do the rest of it right, this step will take care of itself as you make a hefty profit from each prospect on your list.
Your Profit Some of your income will go directly to your pocket. This is what we like to see the raw profit that can be put toward those things you need.
The Rest The rest of the money should go directly back into your business. It'll be sad to see it go, but it's vital to reaching those upper echelons of success that you reinvest as much of your income as possible. Build more money magnets. Get more traffic. Create more prospects and make more money, this is the Money Making Cycle.
The more times you replicate the plan, the more money you can make.
The best way to maintain this cycle without wasting valuable energy is to make sure everything is of the highest quality. Duplicate your successes and learn from your mistakes with every rotation.
Together, these parts create the Five Steps I'm about to show you that will create that five figure monthly income.
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