The idea of pressing a button and watching the money roll in seems far-fetched and it is. There isn’t anything out there that’s viable when it comes to “getting rich quick.”
However, over the years, I have started to understand the rules of building automated income streams. Yes, it is indeed possible to make these income streams a reality with the right approach!
So, what does a person have to do?
Here’s a detailed look at what I have learned over the years and how it has allowed me to slowly build automated income streams.
Rule #1: Sell Quality Products/Services
The first thing you need to do is to start by focusing on your product/service. What are you going to be selling to the masses as a way to generate this automated income? How is this income stream going to become a reality?
The key is to sell something that is of real value and will make people want to buy from you. This is half the battle because a good product/service will attract affiliate marketers that want to sell your product to the masses for a commission.
Once this happens, you are going to start seeing the money roll in rapidly.
Rule #2: Build a Strong Sales Page
The sales page is simply where the customer is going to land once they have been recruited by a marketing campaign or affiliate marketer.
If the traffic comes in, they are going to go to a specific page. This means the landing page needs to be picture-perfect with the right call-to-actions (CTAs). These are something I have often noticed playing a role in how well a product sells.
When you use a high-quality sales page to sell the product, you are going to see a higher conversion rate. People want to be convinced and you have a split second to make it happen in most cases. Get this right and the money will roll in easily.
Rule #3: Learn to Sell the Problem
One thing I have noticed when it comes to automated income streams involves selling the problem.
Yes, selling the problem is a must and has to be the heart of your marketing campaign. This means you are going to focus on what problem is being resolved as that is going to hit an emotional note with the target audience.
For example, if you were selling an acne cream, you want to talk about how acne is bothersome and makes people feel low in confidence.
When people start to realize how acne makes them feel or look, they will become far more likely to buy your solution. It is all about leveraging their problem and providing a solution on the sales page.
The presentation of a customer’s “problem” is essential in any line of work. Whether you are selling power tools or acne creams, the problem has to be at the heart of your sales page. After this, you can begin to sell your solution and convert traffic that’s coming in.
It is a strategy that continues to work in the business world, especially for those setting commission rates on their products/services.
Rule #4: Leverage Clickbank’s Traffic
Learning how to sell comes by understanding how to leverage other platforms. This is taught in detail by John Thornhill on his webinar. The idea of being able to make use of Clickbank’s traffic metrics as a way to bring in new marketers is enticing.
This means you don’t have to do all of the legwork necessary to generate traffic. The affiliate marketers do it for you leading to a non-stop stream of quality traffic.
Let others do the hard work for you because that is the essence of automation in marketing. When others do the hard work, you can reap the rewards as the brand grows stronger. This is why having a high-value product/service that is worth buying is going to make a difference. When people notice the quality, they are going to want to sell it and customers will want to buy it.
This is when the fruits of automated income streams start to take a life of their own.
Rule #5: Incentivise to Sell
This is essential when it comes to generating automated income streams. Look at some of the world’s largest businesses and you will notice certain patterns. Their main sellers are money-making machines that are almost set on auto-pilot as the business grows. These are automated income streams and something you need to focus on.
If you are trying to sell on Clickbank, it’s best to pursue higher commission rates. There is always a way to do this and it comes by learning how the system works. After a while, you are going to get the feel of what works and what doesn’t.
When you get others to do the heavy lifting for you, the sales roll in on their own as you sit back and relax. It’s all about creating a foundation that is strong enough to get you to that spot.
Building an automated income stream is one of those things that will take time but it’s worth the hustle. Continue to focus on building a strong foundation to bring traffic in. Once you have established this, the results are going to roll in.
Follow the rules mentioned here and you are going to be well on your way to a stronger financial future. And don’t forget to check out John’s Webinar!
This is a guest post from Dianna Smith, if you would like to be considered for a guest post please contact me.