Posted on Jan 1, 2011
There are several ways to add to your online income in the upcoming year. Here are 3 mini plans worth considering for anyone that has struggled in the past or is looking to zero in and focus on one strategy.
PLR Provider Method
Here you provide PLR (Private Label Rights) content to other marketers and site owners. It could be in the form of article packs, ebooks complete with graphics and sales page, videos, and more.
Here’s a simple system for being an article provider. Research and write a set of 10 400+ word articles on evergreen niches such as health and fitness, relationships, cures and remedies, pet training, etc. Or, since Amazon affiliate marketing is hot now, you could also research popular products on Amazon and create reviews for each brand within a broader niche.
Once you have your articles created, consider what else your customers might want that you could offer as a one time offer or on the download page. If you’re writing articles in the weight loss niche, you might gather 4-7 PLR weight loss ebooks that you could offer as a one time offer to those purchasing the weight loss article. Bundle the 4-7 ebooks and charge $19 for them.
The last step is to find forums of other marketers such as the Warrior Forum or
Earn1Kaday to offer your articles. Limit the number of article packs to 10 or 15 at $10 each. Maybe a quarter of them will take you up on the ebook upsell. Great! After your first set sells out, think about outsourcing your next set. Take that $200 and have 10 more article written on Fiverr, use some of the rest of the money to acquire more PLR ebooks to sell as a one time offer, and use the rest to go out to dinner. You earned it! Rinse and repeat, reinvesting your earnings into outsourcing as you create more and more article packs.
Minisite Factory Method
Here you are going to leverage the power of having multiple sources of online income in the form of niche specific minisites built with self hosted WordPress sites. Once set up, you will be able to profit from sites like these for years to come. Whether you follow one of these methods, or one of your own, it doesn’t matter, as long as you take focused daily action towards your goals.
What you’re going to do is create an average of 2 minisites a week. First, find hot products to sell on eBay pulse or Amazon bestsellers that cost at least $100. Does the product have good reviews? Even better. You want the price to be at least $100 because you will get paid a percentage from each sale. The higher the item sold, the more you will earn.
The Big 3
Next, we want to check 3 factors after choosing a potential product. They are searches, competition, and domain name availability. Use Google’s free keyword tool to determine how many actual searches are done for that topic each month. If it’s 1,000 or more, it’s worth going for. For competition, search for the keyword in Google and see what sites show up. Are there a bunch of articles from article directories and free properties listed? That would be a good sign, because you can post articles in those same sources and with a little work, bump those articles out of the way. Lastly, check namecheap to see if the .com .org or .net is available for your main keyword. If it is, pick it up.
The next phase is in getting your WordPress site up, configured, and filled with about 5-7 lengthy original articles written as pages. How will you make money? Use a plugin to pull in affiliate products from places like eBay and Amazon, those are my 2 favorites. You could also just use Adsense. Whatever route you go, try to have your ad placed above the fold where it is visible without any scrolling. In order to step away from the site and start on the next one, have an autoblogging plugin like WPRobot drip feed related content from YouTube, Flickr, and article directories. That’s just to keep the search engines coming back to your site for the most part, but you’ll also get some organic traffic to some of the posts as well.
To promote your new sites, use something like Backlink Battleplan to begin building free backlinks, or use a paid monthly service like 1 Way Links or 3 Way Links to automatically build links for you.
The first couple of sites will take some time, especially if you’ve never done this before. But after a while, you will have a system down to where you can research, crank out, and promote a couple sites a week.
At the end of the year, you could have just over 100 sites pulling in anywhere from $1 to $25+ every day. Not bad.
Warrior Pro Method
This method involves serving the hungry gathering of marketers that hang out at the Warrior Forum. What you’re going to do is first see what products are hot. Look at what topics most pop up as current WSO’s. Also check out what questions are most often asked over in the main discussion section. Your product will be in response to this data.
You can now either bare down and do some research into the ins and outs of those topics, addressing all the questions and problems that exist on that topic. Or better yet, get some real world proof by applying techniques that you already know about on the topic you choose until you get some good results. You don’t have to be super original, just put a twist on an existing topic, such as combining what works well with bum article marketing with video marketing. Once you have some decent results, lay out what you did to achieve that in a WSO.
Try to come up with at least 1 new WSO worthy product a month. As people buy, get them on your mailing list so that you can let them know of future WSO’s as they come available. When they become unprofitable after bumping them to the top a couple times, you can sell resale rights or private label rights to those products. Also, consider just giving them away as a free WSO in exchange for an email optin. Another cool thing you can do is offer them in the War Room, which is a paid private area at the Warrior Forum. Give one product away with no optin, but leave the option for them to optin to receive another free product.
As you can see, the goal of this method involves building an email list which you can later market you future products to. As they say, the money is in the list!