Entrepreneur Which One Of These Five Ways Of Making Extra Money Online Do You Prefer Most?
Entrepreneur are you really aware of all of your viable options, when it comes to making extra money on or offline? Part of your problem just might be, that you’re investing way too much time, effort and money chasing too narrow a profit segment.
You do understand that, there is simply no one (size fits all) to making money! Which is good news for you! So you definitely need to explore and expand your money making possibilities. Because some strategies simply aren’t right for your particular strengths and others are far more suited to your particular personality.
The five following potential (extra) money making strategies (believe it or not), are simply a starting point! not the end. So let your mind seriously entertain the enormous possibilities.
Five Potential Ways Of Making Extra Money Online That You Definitely Shouldn’t Rule Out!
First of all, before you get too far gone in the money making possibility sauce. Let’s be clear; these five potential money making strategies are not new! And they are not earth shattering in any sort of way! The real point of them, is that they can and will provide you with many potential money making opportunities and levels to create various profit centers of your own.
Here they are in no particular order. Obviously, these potential strategies may need to be tweaked in order for you to personally cash in, but that’s the real beauty of these five particular strategies! They are viable and versatile enough to accommodate most of us! Provided you’re committed to periodic testing and a little creative execution of them.
1.) Strategy # one: This first strategy is (almost) perfect for creating additional income, providing the initial online digital information product is your actual product. You can easily sell additional offline hard copies in a bulk package and simply inexpensively price test, in order to discover which bulk price package produces the best response from your extremely loyal and valuable customer base!
2.) Strategy # two: Keep in mine that as soon as you create any type of information product that your target market loves! Entrepreneur be sure you look into selling “reprint rights!” Meaning, for a set fee (that’s) paid directly to you! Your buyers can get the legal right to resell your info product(s) to their extremely valuable customers!
3.) Strategy # three: Let’s say one of your customers buys (either) your software or ebook or audio program etc. But they still want or need additional one on one customized help! That my friend is your cue to start offering one on one paid coaching/mentoring! Possibly a three to sixteen week follow up coaching/mentoring program of some kind.
4.) Strategy # four: Let’s say you sell an ebook along with a DVD, if the info in that product directly leads to more advanced ongoing training of some kind. Why not use them as low cost entry products, as a gateway product into some type of paid monthly continuity program of some kind. In other words, a paid membership niche training site of some kind, where you receive some type of monthly commission, for every month the member stays active.
5.) Strategy # five: And finally… Entrepreneur another huge potential (long term) money maker is to sell (either) a license or master reseller license to your customers! Granted, this last strategy is a bit more advanced and probably does not (and may not) ever apply to 99% of the eyeballs reading this! However, for a precious few it may be practical and doable somewhere down the line.
And that’s the reason it’s being included here! In any event, there you have it! Five completely doable ways of making extra money online, that are versatile enough to fit practically every skill level! Don’t you agree?
Please list at least two simple spin off concepts (in the comments section below) that you can apply to your business, product or service in the next 30 days or less!
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