I’ve mentioned this before on another platform, but since I recently saw this in a marketing video I thought I might share it here with you as well as so many people are asking how do you make 100k per year in IM?
New marketers tend to get completely overwhelmed by the 100 and one things they need to do (or think they need to do) to be successful online.
Sometimes it’s easier to simply break it down to the simple, and so I want to break down for you what it takes to make 100k per year in IM, or as an information marketer on the Internet.
As you know, there are many different product forms you can choose from. You can sell ebooks, audio recordings, videos, webinars, seminars, e-classes, memberships and so forth. And of course, you choose what you will charge.
So if your goal is to make $100,000, how much do you need to sell? Here’s a handy chart (numbers are rounded up)
As you can see, earning $100,000 in Internet marketing is completely “doable” if you simply break it down to what needs to happen on a weekly basis. If you’ve got a product that sells for $7 to build your customer list and another one that sells for $197 on the backend, you only need to sell 43 of those backend products a month to break the $100,000 barrier. Fewer, actually, since you are also making the $7 sales.
Blogging is a legitimate way to make 100k per year on the Internet, but there are many other ways you can earn money online. For starters, you can create a blog on a niche you love and earn a full-time income through it. Blogging is a great way to share information and knowledge and attract new readers. If you know how to do it well, you can even become famous!
For the most part, you need to create a product or service. You can outsource this task, which costs money but involves zero effort. Content marketing is the key to presenting your product as a solution. You should recommend your product as the easiest solution to a problem. You can then start building your business from there. Make sure to make a product or service that is highly profitable and will solve a problem your audience has.
The eCommerce industry is worth $300 billion a year. With the right approach, you can make 100k per year in IM, working from home. However, you must be prepared to devote a substantial amount of time to it. Not all jobs allow you to work from home. The internet is a big market, so you can’t afford to lose out on it! You can also make 100k per month by focusing on niches that you enjoy.
One of the easiest ways to earn a hundred thousand dollars per month is through affiliate marketing. Affiliate marketing is a passive income opportunity that doesn’t require any of your own products. Even though it may seem like a big goal for a new online entrepreneur, many people make five or six figures a month using affiliate marketing. The low barrier to entry and high potential income make affiliate marketing a great choice for many people with the added benefit that it is very possible to make 100k per year in IM.
