Okay, so you’ve made it through the first four steps that will lead you to building a successful online business! Those 4 pieces to the puzzle, alone, can make you plenty of money… enough for you to quit your job and devote yourself full-time to your online business.
However, the game really changes with this fifth and final step. If you’re “in it to win it” and want the big bucks that will pay you for many years to come, let’s move right into the goodies!
Step #5 of starting your online business…
Keep building your list and selling value them!
When someone gives you their email address because they want your value-packed freebie… they are now on your prospective client list. When someone purchases something, you want to put them onto a customer list.
Treat these lists with love and discernment, they are worth their weight in gold.
Over time, these lists can and will make you more money than anything else if you treat it appropriately. That’s why you want to build an email list of customers… because if you treat them right and help them get what they want… they’ll help you reach a six-figure income and beyond.
Do not, and I repeat, do not send junk to this list… treat them like gold. Send them incredible, life-changing information… and do so often.
Occasionally you can then recommend other products of yours or even affiliate products. NEVER offer them something just to make money. If they have been loyal enough to you and stay on your list, the least you could do is screen what you send them.
A good rule of thumb is to never recommend a product or service that you yourself wouldn’t or haven’t used. This way they know you have their best interest in mind. This goes a long way.
You can start by selling an ebook… then maybe webinars, DVDs, courses, coaching, seminars, other programs, there really is no shortage of stuff. If you have a good product and you treat your list well by helping them achieve their goals, they’ll continue to buy from you.
Over time, if you do nothing else but create value-packed products to continually sell to your growing customer list… you have the makings of a six-figure annual income.
While you’re continuing to grow your customer list, you should also continue growing your prospect list… those people who you’re trying to attract with your free stuff. You’ll always want to promote your freebies… and build a list of as many prospective clients as possible. The goal of any business is to have more leads than time…fill that pipeline!
Then, once they buy, they get put onto your customer list… which is 100 times more valuable. That’s because it’s SO much easier to sell to an existing customer.
Action item here?
Go and scale! Keep bringing in new leads with your free offers, turn them into raving clients, rinse and repeat!
So there you have it. These 5 truths will help you start a successful business online.
Find a group of people with a major problem. Then create a product or service that offers a solution to that problem. Next, create a lead magnet that draws them in. Give them the freebie in exchange for an email address. Once you have their email address, then the fun begins! Create a sales presentation that entices them to invest in your full product or service.
Finally, build a list of customers who you can continuously engage with and market to again and again, selling relevant, valuable products.
It really doesn’t have to be any more difficult than that.
Hopefully you see that the entire process of building your list and making money online can be broken down into simple parts, together forming a system that can be repeated over and over again.
My wish for you is to apply these 5 steps diligently into your online business, create an impact for people out there that are searching for answers and live the life you’ve always dreamed!
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