Once you have your online income blog, you must really step back for a second and think about the residual income formula that you conspire to using. You'll want to get a clear picture in your mind of how this works, because clarity is power, and power is money!
My formula has to do with using the online income blog, with the goal to get each of your blog pages with various keyword phrases, to rank on the first page of search engine.
When you reflect on the facts, there are an endless amount of keyword phrases to target! Of course, you'll want to zero in on your target market. in order to do this, simply to your brain for a second and ask yourself, ""what would I be entering into the google search bar if I were looking to buy my product or service?""
The residual income formula starts off with keyword research...
Let's say, for example, that you're trying to rank on google for the keyword ""residual income formula"". You can find out how many people are searching for this keyword phrase by using the free search engine External Keyword Research tool at ""adwords.search engine.com"". You will see that this phrase gets an average of 1000 exact match searches per month for that phrase.
Now, keep in mind, unless you are among the top three on that page, you probably won't be noticed, so it's imperative to find a keyword phase with low competition. Also, there are 625,000 people competing for this phrase, and if you look for a phrase that gets under 100,000 it would be easier. it is probably not a good concept to try for a phrase that has competitors in the millions.
The second included in the residual income formula has to do with click through rate, which is the percentage of visitors you can count on to click on your offer.
You can actually find out your click through rate (CTR) by putting your blog post into the Ezines directory. I like to combine blogging with article marketing, because of these cool features.
Ezines has a ""performance"" tab that will tell you how probably the vast majority of people have clicked your offer on your writing piece, and how many people have read the article, and your CTR. You will need to practice this until you can get a CTR between 10% and 15%.
So, using this residual income formula, let us calculate so far...
1000 searches x 80% = eight hundred people visiting your site per month.
800 visitors x 15% CTR = 120 leads per month from this particular page.
Now lets' go into the sales funnel portion of the residual income formula...
Of your 120 leads that opt into your landing page about one third will be interested enough to watch the video all the way through. Of the 40 people watching the video, about 1 will buy on the spot without calling or talking to you on the phone, (roughly 1 in 30 leads to be more exact).
Of course, if you have an email auto-responding follow up systems in place, you will be wise to follow up with those leads, sending the sales page video over and over again until they either unsubscribe or need to buy. But for now, for the purpose of this residual income formula, let us just take into consideration the people who purchase on the spot.
The lowest possible level that these people join will grant you $25 per month. And 20% of the people who buy the first level will want the second level, granting you $100 a month. So, in this scenario, once you get 5 pages to rank that each get identical number of searches, ($125 per month), you will also get an additional $one hundred - $225 per month.
Now, let us it a step further...
There are other upsell features within the systems, which will calculate to $10,000 per month, if you can get one sign-up per day, even if your sign-up is at the lowest $25 level.
So the final and most critical point of the formula for residual income is: ""How in the heck may I get a sign-up every day?""
Simply follow the formula above, rinse and repeat. If one page can get you one sale in a month, then 30 pages can get you a signup in a day. Just plan your work and work your scheme.
But persistence is golden, because once all your links are out there bouncing around, the number of leads will begin to increase through the power of viral marketing. People who like your content will share with their friends and so on.
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