Let’s face it, a lot of us find it difficult to make money online. It took me three years to discover how to make $7,000+ monthly, and I can bet you, a lot of people don’t earn up to $1000 a month.
I must be honest.
My first attempt to earn online was a disaster. I spent the whole year working on a site that returned only $106 in AdSense revenue. It wasn’t even enough to renew my hosting and domain name.
That was when I started Googling things like: “How to make money blogging” and “How to make money online”.
You already know what happened… as usual, Google returned 77,500,000 results within 0.52 seconds and I got myself busy reading articles and watching YouTube videos. I even went as far as 3rd and 4th pages of Google result.
But then, everything I found was pretty much similar. You know what I’m talking about, like: Choose a domain name, start a blog, promote products, and a whole lot of them.
The next year, I spend another $218 on hosting and domain name purchase, hoping things could be better this time. I launched a brand new website, choose a narrow niche, target long-tail keywords, threw in some contents and started praying that the money should come.
A few months later, I made a sale that gave me $15 in commission. After a few weeks, another sale occurred that gave me another $26. I was thinking everything has started to take shape until the end of the year (2017), I made only $805 in revenue.
It was an improvement compared to the other year, but it wasn’t something to rejoice for. There are people making over $10,000 per month, and I could only make earn $805 the whole year?
I know how much it costs to pay for electricity and internet data bundle in my country, so I started Googling again…
“How to make Passive Income blogging”
And I came across several guides that helped me realize I needed a strategy. Then, it was a new year, 2018 has just started. And I came up with a plan (you will find out on this guide). On the second week of January 2018, I made my first $1,000, and before the end of the month, it went up to $2,905.
Today, at the time publishing this guide, (June 12 2020), using the same strategy I am about to show you, I make over $7,000 monthly.
In this guide, I am going to show you my methods and how you can replicate them to make more money online. You will learn how to make your first $1,000 if you are not already making up to that amount.
Let’s dive right in…
What to do first, if you want to make money online
Instead of waiting around, let me remind you what you need to do before you can be able to make up to a grand on the internet.
- Develop the right Mind-set
- Take action
A lot of people do not still believe they can actually make money online because they have seen others follow misleading guides and end up losing all their money trying to become rich overnight.
Yes, there is scam everywhere, the internet being the heart of it all. People path with their money in a terrible way, but if that keep ringing in your mind and holding you down, you won’t be able to make money on the internet.
You need the right mind-set.
Like I mentioned earlier, it took me three years to discover how to make $7,000+, and during those years, I spent a lot of money on courses, I bought several eBooks and even wrongly run advert campaigns that did not yield any profit.
In fact, those years was nightmares. It would be enough for me to give up on online hustle, but I didn’t. Instead, my belief in it got stronger.
What I am trying to say is that you must believe that money can be legitimately made from the internet before investing your time towards it.
There are several online business models you can start right now and make your first $1,000 the next month. I discussed it better in a previous post (Read about it here). And the good part is that most of these online business does not require any start-up capital.
It cost nothing to make money!
Let me tell you how I made my first $1,000 in just two weeks after trying for three years.
How I made my first $1,000 in two weeks
Towards the end of December 2017, I came across an eBook that promised to teach me how to make over 10,000 USD in three months. It was a premium eBook I found on Amazon.
Although $10,000/month seems almost impossible for me at that time, I had to buy the eBook to find out how on earth that can be archived.
You can also buy this it Directly from Amazon, at $3.49.
After studying through the eBook, I realized I was doing everything totally wrong. For example, I was spending about $200 on Facebook ads each week to get traffic to my blog without knowing I was supposed to convert those traffic to email subscribers. I was ignorantly giving away all my money to Facebook.
In January 2018, I decided to apply what I learnt from the eBook, and change came almost instantly. My first $1,000 came from Affiliate sales. It wasn’t even with the almighty Amazon Associate Program, but with an affiliate program I barely hear about. JVZoo.com
JVZoo is an affiliate marketplace just like ClickBank and the rest of them. Most of their products perfectly fit my Niche, that’s why I’m working with them.
First of all, I had a blog running on WordPress, with not quite impressive traffic. My first target was to drive more traffic to the blog and convert them into email subscribers. I knew of different ways to drive traffic to a website, so getting traffic wasn’t a big job for me. I was concerned about turning those traffic into lead. And here is how I did it…
How I turned my blog traffic into email subscribers
I have learnt that you do not have customers if you keep building your website traffic without converting them. The eBook thought me that 1 email subscribers are worth $1, and I am beginning to agree with that.
With 18391 subscribers in my email list, I am making around $7,00 and $8,000 monthly.
Now, don’t get me wrong. Nobody is going to pay you for your email list. Instead, you will promote offers to your list and make money as they buy your products and services. I am going to show you how to do just that.
Let’s first see how to convert traffic into subscribers
You need three things to convert your blog visitors into email subscribers.
- A Lead Magnet
- Opt-in Page
- email autoresponder
Nobody gives out their email address easily, nut when you have something to offer them, they can freely give it to you.
A lead magnet is a bribe you give to prospects in other to collect their email address and/or phone numbers. It can be an eBook, online course, webinar, etc.
Leads are captured through opt-in pages and stored in an autoresponder.
Autoresponders are capable of sending out automated marketing emails to prospects, making it stress-free to manage a large list.
Here is how to capture a lead.
1. Create a lead magnet:
Before I started building my email list, I got my lead magnet ready. It was a premium eBook. I didn’t have to write it myself, I spent around $68 to get the job done for me.
I am not telling you to do the same, you can create a free pdf report, or even summarise your best blog posts in a pdf format and use it as a lead magnet.
2. Create a lead page (Opt-in page)
If people want to access your lead magnet, they will have to go through a short process. Send them to a lead page where they will submit their email address.
An opt-in page contains an opt-in form, just like this one below.
If you are on WordPress platform, then you can easily create one using your favourite page builder, or using a plugin known as WordPress Landing Pages
You can get your opt-in form code from your autoresponder. My favourite autoresponder email service is sendpulse. They have a free trial that gives you space for 500 email subscribers and 15 000 Emails monthly.
Once you have all these things ready, you should start writing your email sequence.
Write a welcome email that triggers when someone signs up to your list. This is an email that welcomes them to your list and gives them access to your lead magnet.
Again, write another two friendly emails that will be sent 2nd and 4th day after user join the list, but don’t try to promote anything yet. Make them your friends. In fact, you should not promote any offer to your list in the next 5 emails after they join your list. You can start telling them about offers from the 6th email.
Once everything is ready, it is now time to start driving traffic to your opt-in page.
How to drive traffic to an opt-in page
Traffic is what you need to make your first $1,000. There are freeways and paid ways to drive traffic to your blog, and most of the guides I read online emphasise only on the free traffic, like SEO.
But here is the thing, Google won’t rank a lead page, no matter what. In this case, SEO is not the best option. What worked for me really was paid ads, and I used Facebook for it.
Facebook ads have a way to target audience based on their location, interest, age, language, etc. which means you can get your opt-in page before the right audience. Don’t worry about the cost, I can assure you that every $1 spend on ads is worth $38 in return. Facebook even allows you to run your campaign and get results before your bills come in.
Don’t be in a haste to jump right into Facebook ads, I must warn you.
I suggest you have a solid foundation on how Facebook ads work before investing your money. There are free courses you can take online to master the system, just Google it.
Or take this 10 days email course to learn how Facebook ads can be used correctly to maximize internet profit.
Once Facebook approves your ads, you should start getting lead asap.
Now, it’s time to start making money.
How you can actually make your first $1000 profit
Generally, there are two ways of making money online.
- Selling something
- Displaying ads.
I am going to start with the first,
You can start your $1,000 / month challenge with the selling of products and services. My first grand came from selling a product I have not even used before. That is what most people do, It is called affiliate marketing.
With affiliate marketing, you are paid for whichever sales you generate through your blog. I have written an in-depth guide on how to start an affiliate marketing business in a previous post. But let me explain it a bit here.
Here is how it works:
You sign up as an affiliate, you chose an offer and promote to your blog readers and email list, someone buys the product, and you earn a commission.
It may sound like a long process, but it’s really very simple. Linking to a product is as easy as linking to another page on the same domain.
You should be thinking of how much you should be making… let’s do a little calculation….
Imagine you have a targeted email list of 1000 subscribers, and promote a product of $120 that has a commission rate of 25% ($30). If you promote that offer to your email list, and as little as 5% convert to sales, you just make $1500.
Here is it in figure:
25% of $120 = $30
5% of 1000 subscribers = 50
50 subscribers X $30 = $1,500.
If you spent $250 on adverts, you still have the gain of $1,250
The best part? This can happen in a few days!
I have seen products on JVZoo and ClickBank that has as high as 75% commission. That means it is possible to make $10,000 per month, but you will need up to 10,000 email subscribers to get close to that figure.
I also have a premium eBook that will show teach you how to build a targeted email list subscribers from day one. You can get it from here for just $2.99.
Thinking of where to find affiliate products to sell? Let me help you.
- Amazon Associate Program: They have a higher conversion rate, but commission is always very little.
- Commission junction
How to make your first $1,000 with Display ads
Another easy way to make your first $1,000 without selling product is though display ads. Google AdSense is a good bait. You can actually make more than $3,000 per month using Google AdSense, but what you really need this time is traffic.
I have a guide on how to drive up to 100,000 monthly traffic to your blog.
To make $1,000 per month, you need about 40,000 monthly visitors to your blog.
There are even other alternatives to AdSense that can pay you two times higher than AdSense.