Wednesday, July 7, 2010

Home Business Income Opportunity - 7 Steps to Make Passive Income Fast and Easy

In the online world it is a well known fact that 95% of people who dive into making money online struggle, become frustrated, and quit within a few short weeks. But for those 5%, among whom are the home business income opportunity earners, who do succeed there is a specific step by step system that they follow.

It consists of 7 simple steps:

1.) Niche: Find a "hungry" niche market.

What this means is to find a market or an audience who have a major problem that they want to solve and MUST solve as soon as possible. It has to be a problem that they cannot stand to live with and thus, feel the urge to solve immediately. It has to be a niche that has low competition but with a very high demand for solving a major issue.

Your target audience, if your main aim is to be profitable, must have disposable income or enough money where they can afford your product or service. And the majority of the time this does not include teenagers. So, make sure you your target demographic is at least 20 to 21 years of age since,in most cases, teenagers don't have money to spend or must beg their parents to buy what they see on t.v. or online.

2.) Keywords: Find specific Highly targeted keywords.

For those of you just starting online, you must understand that keywords are the heart and soul of any business. The reason being is because the only way for a person to find your product or service is by typing in a search in the search engines to find your website. Within this search lies your keywords that you have targeted and optimized using free or paid marketing methods.

There are a number of tools you can use but the top two I suggest are Google's Free Keyword tool, which provides you with a list of related keywords and their relative global and local search volume. Another tool is Google's Search based tool (sktool), which generates keyword and landing page ideas highly relevant and specific to your website. In doing so, the tool helps you identify additional advertising opportunities that aren't currently being used in your AdWords ad campaigns.

3.) Offer: Find an offer/product to offer that market.

In this step, you must now create an offer. You can do this by either creating the product yourself, purchase a product created by someone else and sell it as your own, or promote a product as an affiliate.

4.) Backend: Find backend offers
Then, you must find backend offers to promote to your customers in the backend, which basically means once they purchase your initial product and you have their name and email or have them on the customer "thank you" page that is when you showcase your other "relevant" products that would tremendously help them in achieving more success.

5.) Traffic: Bring massive amounts of traffic to your website.
Once you've decided what your backend offers will be, you are now ready to start marketing your product and bringing in massive amounts of traffic to your website. This can be done through free traffic sources, like articles, blogs, press releases, offline marketing (billboards, fliers, business cards, etc.), classified ads, etc. Or you can use paid traffic sources like Google Adwords Pay-Per-Click (PPC), Media buys, Paid press releases, paid Solo Ezine ads, etc.

6.) Optimize conversion:
When optimizing for conversion you must look at the traffic you've generated and the number of sales you've made. Then, based upon your results you make various changes to your sales page or landing page to increase your conversion. And by tweaking, I simply mean, making a few minor changes, like changing the message of your headline or creating a more compelling call to action or a more compelling guarantee.

Just choose a few things that you feel you must tweak and then observe your results. But make sure just to tweak a few things, because if you change up your whole website you will never know which change made the biggest difference to your increase in sales. So, just focus on making a few changes, when optimizing your conversion.

7.) Duplication: Rinse and repeat the whole process for any other hungry market you choose, to start earning within your first few hours.

In this last step, all you do is just duplicate all the steps above and apply it to the same niche but market to a more specific audience within that niche. Or you can venture out and apply the 7 step system to a brand new niche market with which you have some level of expertise or a passion for. Just remember, you're using the same methods and techniques, but just in a different market.

So, that's it, just 7 simple steps to create your very own home business income opportunity.

This step by step formula is not about creating your own product, having your own website, MLM, ad sense, Google Adwords, or anything that seems too complex or too much of a hassle. The system is primarily focused on leveraging the power of the internet and leveraging the hard work of others to give you the unfair advantage of making easy and long term residual income on autopilot.

With this step by step home business income opportunity system, you are provided with a chance to build a powerful business that can make you money on autopilot, day in and day out.

If implemented properly, this 7 step system has the power to dramatically increase and more importantly replace the income from your current job. Success with this system is yours for the taking. Why not now?...Take Action. Add to Technorati Favorites Bookmark and Share

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