Strategic Website Profits

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Not long ago I posted about Mike Filsaime’s and one of the primary reasons I decided to opt-in to this particular offer was because of the free “cliff note style” report Mike Filsaime was offering - 7 Figure Secrets… the free report was supposed to be a summary of Mike Filsaime’s $1300.00 home study course The 7 Figure Code.

7 Figure Secrets by Mike Filsaime is one of the biggest pieces of fluff I’ve read in a long time… it’s perfect for someone who maybe just did a search yesterday for make money online or earn money online for the first time ever…

According to the offer page 7 Figure Secrets was going to sell for $297… Mike Filsaime must’ve talked to one of his consultants and he must’ve been advised to give the report away for free for fear of outrageous return rates.

There’s no way in hell that 7 Figure Secrets could justifiably be sold for $297… I’d venture to say that something like 95% of the people that bought it would return it!

7 Figure Secrets is typical of most of the eBooks and reports being sold in the make money online and earn money online niches… basic and generic information that would only be helpful to someone who just discovered the internet yesterday.

The problem with make money online gurus like Mike Filsaime is that they make most of their money by selling information in the make/earn money online niche and not by actually marketing products on the internet.

Sure they may use a product or two and they may read a report or two and they may even have a few websites but make no mistake most of their money is made by selling make/earn money online reports, eBooks and other crap wrapped up in a shiny wrapper.

The 7 Figure Secrets Report confirmed my belief that Mike Filsaime is nothing more then a good marketer selling basic and general information and promoting it as “cutting edge” and “must have secrets” that are anything but.

Popularity: 77% [?]

If you want to see a “tell-it-how-it-is” with no bullshit in between make money online blog then you don’t have to go any further then Lost Ball In High Weeds.

I’ve been following this guys Blog for some time now and I don’t know of any other blog in the make money online niche that tells it the way he tells it (no BS) with apparently a blatant disregard for his affiliate commissions…

His latest post What Works For Me is a great example of what it takes to make money online right now and how to generate traffic to your money sites… The whole Blog is kinda like one huge case study really…

A lot of newbies to internet marketing and making money online get caught up in the dream of making millions and becoming rich on the internet and the worst thing about it is they think that they’ll accomplish everything in like a couple of hours a day and that’s just retarded. Lost ball In High Weeds is the perfect title for a blog in the make money online niche because we’re all basically lost for months or years (because of all the BS beight taught on the interweb) until we start figuring out what the hell really works and that’s flinging sites at the web until you find some that stick.

Read Lost Ball In High Weeds and you’ll see the frustration of someone who toils in internet marketing and you’ll also see that it’s not as glamorous as some eBooks would like you to think it is… Lost Ball says and talks about how most of us internet marketers feel… this shit ain’t fun and we all know it I just don’t know of anybody else who verbalizes it as eloquently as Lost Ball…

I’ve decide to no longer fling shit at the web… Today is my independence day… lol… I just don’t have the heart to build sites in obscure niches anymore and then work tirelessly to promote crap I’m not even the least bit proud of… I don’t have the heart or patience to F around with Google anymore… Some where along the line I lost interest in building all of these sites just to chase some commissions and clicks…

If you read my about page you’ll see that I take everything I make online and I funnel it into my offline business and luckily for me the offline business just keeps growing even during this slow economic time. My plan is to keep about 20-40 sites (the ones that make money worth mentioning and I enjoy writing about) of the about 125 domains that I currently have splattered all over the web. Some of these niches I’ll further monetize by developing my own products and in others I’ll just continue to drive more traffic to and optimize until I can charge more for advertising.

I also plan on selling SEO services (link building and basic stuff to begin with) through my Strategic Website Traffic site and combine this money with the money I make from my other 20-40 sites to develop the products I was talking about earlier and also to create a marketing budget for said products… basically I’m going into capital building mode and I’m going to do my best to turn this internet marketing thing into a business that I can be proud of and one in which I only focus on building sites in niches that I enjoy. I don’t mind writing and optimizing but I’d like it to be for sites that I can get behind. I’d say niches I’m passionate about but I’m sick of hearing all that garbage from all the MMO idiots…

And btw no disrespect to all you guys like Lost Ball who are mad-flingin shit on the web… I’ve been doing that since ‘04 and I just think it’s time for a change for me and really all I’m doing is trying to make more from fewer sites. I’m still an internet marketer I just don’t want to have to maintain a lot of sites that I don’t give a rat’s behind about. To each his own I suppose.

Anyhow that’s what works for me…

Popularity: 100% [?]

This earn money online blog post isn’t going to be about how Overstock and Regnow are going to turn StoreStacker into a must have money maker and about how it’s going to be software that you’re absolutely going to have to have in order to earn money online…

StoreStacker is a nice piece of software but today I want to talk about the product itself and about how the guys over at halfagain (creators of StoreStacker) have laid out a simple yet very effective business model for earning money online.

If you’re not familiar with StoreStacker, StoreStacker is basically an affiliate store website builder a lot like BANS in how it can build affiliate stores in basically minutes but in my opinion it’s superior because it can pull products from eBay, Clickbank, Amazon and now Overstock and Regnow.

I think I paid $100 for StoreStacker and another $25 for the ClickBank plugin and now I’ll be forking over another who knows how much for the Overstock and Regnow plugins… a few weeks back they released some other paid plugins that could pull in RSS feeds and insert them into your store you know for “fresh’ content and for the search engines. At the same time they made an update to the StoreStacker script that allows users to import YouTube videos into your StoreStacker stores.

Guys this is what’s known as the “selling shovels to the gold miners” method of earning money online and let me tell you why I have so much respect for these guys at halfagain and how they’re going about their business online.

1. StoreStacker is a good product and it works if you work it. The most important thing in any business is to have a product of good quality that people want to buy and use.
2. The product offers an opportunity to continue to sell to the existing customer base. With the plugins they continue to come out with they have a customer base of of StoreStacker buyers that are most likely interested in these upgrades to their stores at $25 a pop. They say that the easiest sale to make is the sale you make to clients and customers that have already bought from you.
3. They’ve limited the number of licenses they’ve released so the market doesn’t get saturated with these things. Basically what they’ve done is ensure that their existing customer base has a product that they can continue to use because it shouldn’t lose it’s effectiveness. That’s called building trust and establishing a reputation with your clients for providing value.
4. Since it’s the internet there will always be updates and upgrades to the stores that you can sell to existing customers. I don’t think I really have to expand on that one.
5. They have a good support forum for StoreStacker. Providing solutions for your customers when they have problems with your software is essential to ongoing sales.

A lot of you may argue that by limiting the number of licenses they’ve released they’ve limited their income potential… that’s one way of looking at it but here’s how I look at it. Customers that really believe you have their best interest at heart will spend with you indefinitely and that my friends is invaluable when you’re building a business. A while ago I made this post on Increasing Your Customer Lifetime Value.

This is how you go from breaking even or losing money on a marketing or advertising campaign to making a lot of F@#!ing money! You sell more stuff to your existing customer base. It doesn’t cost you anything to market to them and they already know and trust you.

And that’s the kind of product based business model that I think we should all one day strive to have. That’s where the real money is at. I mean what are we making with Amazon? 4% a sale. eBay? 3-5% a sale. Shit you’re better off chasing high-paying Adsense clicks in your local mortgage, credit card, DUI and divorce niches…

Sure we’re all earning money online with Blogs and affiliate stores and pay per click but that’s all we’re doing (and how much do you like chasing back links really?)… This isn’t really how you envisioned earning money online would be but this is how the pro’s go about their business so you drink your coffee every morning and you start optimizing your sites even though you pretty much hate what you’re doing.

Hey don’t get me wrong I’m still slinging all of my shit at the web just like you to earn money online but now that I’ve been in this game (earning money online) for an extended period of time I’m beginning to have a lot of ideas on products and software that would benefit other internet marketers and a products-based business model seems more appealing to me right now and more financially rewarding and just more up my alley.

And at the end of the day I don’t think all this time I’ve spent earning money online with affiliate marketing has been a waste of time because I think it was necessary to learn this business from the ground up and I’ll always be promoting affiliate products for the extra income stream and because it makes sense to begin with affiliate products when first entering a new niche.

Popularity: 89% [?]

The first thing you have to do if you want to make money online is realize that a lot f the crap you’re going to do to try to make money online is going to fail miserably and you’re probably going to fail quite often before you have an epiphany and finally discover the real secret to making money online.

You’re not punching a time clock here… you don’t get paid for showing up.

The real secret is that there is no secret and we’re all just flinging shit at the web until we find something that works and then we just repeat and repeat and repeat until the method no longer works…

There are so may ways to monetize a website these days it’s unbelievable and there’s literally a new make money online blogger or guru born every second it seems that’s ready to tell the world what the best way to make money online is…

Focus on the basics when making money online.

Buy a good domain name, focus on generating website traffic to your site and then experiment with different monetization models until you find something that you’re happy with.

It’s a lot easier to determine how well a monetization model will work once you have consistent traffic to a website.

Personally right now I’m working a lot of wordpress blogs and at the moment I’m considering building some static sites because I don’t have any in my network of sites right now… I don’t know if static sites will work but how will I know if they do if I don’t try them?

And that’s basically what business and making money online is all about!

It’s about taking risks and not knowing what the outcome is going to be and that’s why some business owners and some entrepreneurs strike it rich… because we’re willing to try new things and fail miserably when most people just don’t have the stones to “waste their time” with something that might work…

I’ve tried a lot of things to make money online… some of them worked well, some worked for a period of time only to fail later and some failed right off the bat.

The key for me has always been to build websites or blogs around good domain names in niches that I enjoy writing about and what I always try to focus on is creating websites that provide some kind of value to the end user (the exception being Adsense sites but even my Adsense sites have good, original content because I suck at creating crappy websites!).

I think if you’re doing that you can’t go wrong with your making money online ventures… Think about it, even the websites you make that you can’t monetize you’ll be able to use to create “link juice” for your other sites and you can also use these sites to index some of your newer sites.

I trip out on the people that want to make money online but aren’t willing to fail every now and again… that’s just not a god way to approach it. You’re setting yourself up for a lot of stress and heartache if you don’t think some of your projects will be complete embarrassments and wastes of your time.

It is what it is… learn from your mistakes and move on.

Popularity: 59% [?]

In case you haven’t heard of him, Mike Filsaime is probably the biggest make money online “guru” in the make money online niche today and several months ago he launched one of his biggest products which was a home-study course he called the 7 Figure Code…

Since it was Mike Filsaime it was one of the biggest launches of the year… The 7 figure Cody home-study course was initially launched at $500.00 (it’s now being sold at $1297) and I remember when it first came out I was pretty intrigued by it but there was no way in hell that i was going to drop 5 bills on this thing. And not because i don’t invest in my continuing education but because I was pretty confident that the 7 Figure Code would not be worth the money and I sure as hell didn’t need another distraction from what I was already doing to earn money online. Not to mention I don’t have the time to watch 18 DVD’s let alone one…

Well Mike Filsaime is at it again and this time he’s launching a continuity program and quite frankly I’m surprised it took him this long to launch his very own marketing newsletter which he is calling Marketing DotCom with a tag line of “The Best Damn Newsletter.”

I have a lot to say (obviously that’s why I have a Blog) about that and first things first let’s talk about the tag line of “the Best Damn Newsletter”… that’s just bull shit and I haven’t even read a single page of his marketing newsletter yet… You see I subscribe to this other marketing newsletter by Dan Kennedy that goes by “The No BS Marketing letter” and frankly there is no better marketing letter on the planet but that’s not the point of this post.

What I really wanted to talk about today was the The 7 Figure Secrets itself and the continuity program behind it…

Guys in my previous post I talked about The Best Way To Earn Money Online being a membership or subscription site and that’s exactly what this is. It’s a subscription service (or continuity program as they’re called offline) that requires you to pay a monthly fee in this case for Mike Filsaime’s Marketing newsletter. Nothing new there really but what I want you to think about today is:

How can Mike Filsaime pull this off and why can’t you?

1. Mike Filsaime is a huge authority in the make money online niche
2. Mike Filsaime has a huge email list that he can send this offer out to immediately
3. Mike Filsaime has a number of big joint venture partners that he can “ask” to mail this offer for him (you know to their huge lists)
4. It’s a really good offer… he’s basically taking a $1297 product (that people are familiar with) and giving you the cliff notes for free along with some process maps

The 7 Figure Secret offer is such a good offer that I’ve decided to take Mike Filsaime up on it… Damn right I’ll take the offer! I was interested in The Figure Code when it first launched and to get the cliff notes, so to speak, for less then $8 I think is a no brainer to me.

Unfortunately I’m one of those guys that thinks he knows it all so I probably will be unsubscribing from Mike Filsaime’s Marketing DotCom newsletter (you have 30 days to cancel before they start billing you $30 every month) before he ever gets a chance to bill me… but that’s on Mike Filsaime.

If Mike Filsaime can produce a marketing newsletter that will get my marketing creative juices flowing, give new marketing ideas and his newsletter can make me a better marketer then I fully intend on staying subscribed but I’m not expecting that to be the case…

In any event, I think you would be a fool to not take advantage of the The 7 Figure Secret Offer. Mike Filsaime is an excellent marketer and #1 I’m chomping at the bit to see what his marketing newsletter has to offer and #2 I’m still curious to see what the 7 Figure Code was all about…

Popularity: 64% [?]