If you can create a profitable online business, you’re almost guaranteed of being able to leave your 9-5 job and work for yourself. Living a lifestyle where you don’t need to get up early in the morning and you have no one to answer to.

Here are 7 steps on how you can create a profitable online business for yourself.

1. Find a niche and do your research.
You need to find a niche which you are interested in selling to and do some research on the type of products that are selling.

Note down improvements you can make to the existing products and imagine how well the market will accept it.

2. Write an eBook
Write an eBook based on a popular topic you have found on your research. Make sure that the best information is given. You want your customers to be more than pleased after reading your eBook.

3. Design a professional web page
To sell an eBook, you need to have a good looking web design so that the prospects will trust you.

Having an unprofessional , awful design will hurt your sales. So outsource your web design if you’re not capable of doing it yourself.

4. A Sales Letter
You need to write a good sales letter which explains the benefit of the product to the customers. A good sales letter is hard to write. If you are not good at writing sales letters, you may consider outsourcing it to a copywriter.

This is the most important factor in marketing your product. It is what persuades the prospects to buy your product.

5. Create a squeeze page
Create a web page with the sole purpose of capturing your prospect’s email address. All your traffic generation methods should be promoting this link.

6. Develop an autoresponder series
Follow up with your subscribers after they sign up to your squeeze page with an autoresponder series.

You should give educate the subscribers with good information and promote the eBook you wrote.

7. Create more products
Create another related product and sell it to the existing customers and subscribers which you have built.

Create another eBook or an audio version of the eBook. The objective is to continue building your list of subscribers and customers so that you can sell more to them.

This is the blueprint to a profitable online business. Many people have managed to earn a consistent 6 figure income doing this by outsourcing it to professionals and taking the profits themselves.

Next, get here a FREE copy of the BLUEPRINT FOR A 6 FIGURE ONLINE BUSINESS! Best of all, I can offer it to you for being a loyal reader of this blog!

In essence, a sales page is an online document designed to generate sales, to convince your potential customer that you can provide the best product or service for their immediate needs.

In one sense, your sales page can be thought of as your opening pitch. If done correctly, it can make visitors to your membership site want to learn more…to seek out the information that you can provide. It can subtly influence a person to take a specific action by making an offer to them. Targeting the right audience and being specific in what you offer is the most effective way to use a sales page.

It should be realized, however, that even the best sales page only does a part of the job of retaining members for your membership site. This sales tool can only wet their appetite for what you have to offer; it’s up to you to convince them that the quality of the site lives up to their expectation. One method is to provide support content by listing testimonials on your sales page from present members that show exactly what the potential is for their success.

Now that you know what a great sales page can offer your membership site, it is important to know how to write an effective one. The first step is to research your product. After all, you’re the one that designed the site. But if you think about it, even you might not know all the potential advantages or pitfalls of the site, especially if you’re following the lead of someone who has gone before. So, ask questions and do some Internet searches on the nature of your membership site. The more you know, the more targeted and effective your sales page will be and the quicker you will grow.

Learning about your audience is the next step. Any successful writer will tell you that half the battle is learning how the mind of your targeted audience works. Does your membership site target stay at home moms? Or is it designed for the young entrepreneur? Depending on who you want to attract, you should write your sales letter in such a way that the targeted audience can easily relate.

Finally, it is important to remember that the whole purpose of a sales page is to make sure the client knows the benefits of your membership site. What a potential buyer will gain from the features of your particular membership site is a benefit. For example, if your site offers a feature such as available online chat with an expert, the benefit would be expert knowledge offered in real time or immediate satisfaction. It is important that your sales page reflect this and what it can mean to potential members.

A sales page is one of the most important elements for the success of any membership site. It is, most likely, one of the first things your potential members will read before they decide to join. Taking the time to construct the right sales page for your membership site could mean the difference between growing your business or staying stagnant.

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Online Business Coach and Internet Marketing Strategist Gabor Olah helps baby boomers create profitable online businesses that they love. Would you like to learn the specific Internet marketing strategies that get results? Discover how to increase your visibility and get found online by claiming your FREE gift, $1K A Day Formula, at ==> $1Kadayformula.com

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Many times, when you sign up for a free giveaway or purchase an item, you are taken to an OTO (One Time Offer) page, where you’ll be given the opportunity to purchase a “never to be seen again, one time offer,” which is a product that has been discounted for one time only during this one particular transaction. In this transaction scenario, you have two choices: either buy the product now at the special discounted price, or continue on without buying the product and lose access to the special pricing opportunity. However, you can usually buy the product later, but at a higher price.

Normally, these types of offers drive me crazy because there are usually 3-4 “one time offers” bundled together. When you decline one, another one pops up. Sometimes it feels as though the one time offers will never end! However, after watching several videos recently as veteran Internet marketers touted the benefits of the OTO, I wondered if I might be able to use these in my business without being slimy.

Here’s how I decided to implement this strategy:

1. Determine the offer. One “one time offer” is quite sufficient for my needs at this point, so I looked through my inventory of products and made a decision on what to offer as a one time unique deal.
2. Name the price. Your OTO needs to offer enough of a price reduction to make it truly attractive to your prospect. In many cases, that means a savings of 40-60% off of the regular pricing.
3. Outline the order of the offer. In many cases, the OTO is attached to another purchase. You’ll need to determine if your shopping cart can be configured to handle such an offer. In my case, the most natural place for this one time offer is on my ezine subscription thank you page. I have 2 thank you pages created when someone subscribes to my ezine. The first gives instructions on how to opt into the list. The second, called a “confirmation success page,” gives the visitor access to my free giveaway, or client attraction device, once the visitor has confirmed her email address and opted into my list. For simplicity, I decided to keep my confirmation success page intact, and tie the OTO to my opt-in thank you page.
4. Craft your copy. On your ezine thank you page, give your subscriber instructions on how to get on your list, and below, create your OTO that fully describes what you have available, why it’s a great deal, and the special price that you’re offering. I also use some OTO graphics that I purchased inexpensively to help me get the message across. Be sure that you give your prospect the option of opting out of this offer.
5. Test your conversions. You can test your conversions in many ways — by changing headlines, graphics, or even at the point you are making the offer. For me, the conversion calculation was pretty simple — was it making me sales? I don’t have the figures yet, as I’ve just started this process, but I’ll keep you updated on how I do.

How much money are you leaving on the table by not using one time offers? Give it a shot, and test to see if it increases your sales.

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Online Business Coach and Internet Marketing Strategist Gabor Olah helps baby boomers create profitable online businesses that they love. Would you like to learn the specific Internet marketing strategies that get results? Discover how to increase your visibility and get found online by claiming your FREE gift, $1K A Day Formula, at ==> $1Kadayformula.com

Ready To Work At Home?
Read Here How and Start Your Own Online Business NOW!

 

I’m in the process of completely rethinking my business model, and that will be my primary focus as I plan this year’s business retreat for myself. Your business model doesn’t have to be at all complex, but should provide the guiding force for all that you do, like guiding you to the opportunities to accept (and those to decline), the joint ventures and strategic alliances to pursue, and the new ideas you should retain and develop, as well as those to let go of.

Here’s are the 4 steps I’m following as I create the blueprint for my business model:

1. Make clients pay well for your most valuable commodity — your time. I see many service business owners tying themselves up with (and tying themselves down to) far too many 1:1 clients. You have only so many hours in the day, and at some point you’ll hit the wall and not be able to expand the number of 1:1 clients you see. Sure, you can hire and train additional staff to handle the overflow, but in many cases, you make less money in this model while tripling your headaches. Make your 1:1 time with clients your highest-fee service, charging a premium fee to dispense your expertise.

2. Ongoing recurring revenue is key. Feast or famine seems to shape the life of the service business owner, regardless of industry. Wouldn’t your life be much more sane if you knew that you could count on recurring revenue each and every month, rather than having to constantly go out and find new clients? This was one of the models I adopted early on in my virtual assistant practice, i.e. working exclusively with clients on retainer rather than a “pay as you go” model. What is it that your clients need from you that you could provide on an ongoing basis with them that isn’t time-intensive for you?

3. Always have an upgrade. Never offer a stand-alone product or program that doesn’t have a natural tie-in to the next level of program or service that you offer. If there’s no way to leverage what you’re offering into some type of upgrade, don’t offer it! For example, a free teleclass can lead participants to enroll in a paid short-term group program. From that program, plan to enroll a certain percentage of those participants into a recurring revenue continuity program. You can then upgrade a percentage of these participants into a live event or small ongoing mentoring program, and from there make an upgrade offer to your premium 1:1 time.

4. Design the blueprint. Brainstorm all of the types of programs, products, and services you might offer in your business. Your list might look like the one below:

• Consulting
• 1:1 Service Provision
• Group Coaching/Mentoring/Continuity Programs
• Sale of Info Products –Private Retreats
• Strategy Sessions
• Live Events
• Speaking
• Information Products or Books –Licensing/Certification Training
• Teleseminars/Webinars
• Subscription Membership Web site

Pick 3-5 of these items that will make up your business model, and then determine what percentage of income you want to derive from each. Your total needs to equal 100%. Then, determine the order in which you offer the components of your program over the next 1-2 years. This becomes your blueprint for action.

How do you determine your success? If your business still suffers from feast and famine, take a long, hard look at your business model for the solution. Every offer you make in your business should flow seamlessly into the next, which will result in a steady, predictable income that you can increase over time as you become more expert at designing and following your blueprint.