I’m about to give you maybe the most valuable piece of content you’ll read all year.
Pick a niche, any niche and let’s roll!
In a nutshell, you’ll be creating an irresistible front-end offer utilizing the free plus ship model to drive leads and sales.
Once the traffic hits your front-end offer they will be presented with a “bump” offer to add a monthly newsletter for just $4.99/mo.
If they take it with your initial front-end offer then you’ve killed two birds with one stone which is as good as it gets.
If they don’t take it with your front-end offer then they’ll be represented with it again as an up-sell on the very next page in your sales funnel.
If they pass on it at that point you will follow-up through emails that are highly focused on the features and benefits of your monthly newsletter and will hopefully capture them as subscribers down the road.
The trick to this entire process is being able to find the perfect front-end offer that converts well enough to either break even on the amount of money you’re paying to drive traffic to your sales funnel or of course to make a profit.
The key here is to find a product that fits your niche to a “T” for as low a cost as possible.
This usually achieved best by looking for your product at AliExpress.com.
Once you find your super sweet and totally irresistible front-end offer you’re now in business.
Don’t worry about creating your first monthly newsletter until you’ve found a high converting front-end offer and until someone or someones have actually signed-up for the monthly newsletter.
When both of these criteria are met, then you can focus your efforts on developing the first issue of your newsletter.
Now your newsletter does not have to be 100% unique.
There’s no need to create all the content yourself or from scratch to make this worth the $4.99/mo.
But rather curate the content to A) make your work easier and B) give people exactly what they want.
This newsletter should contain 5-10 topics in the niche that’s of some sort of value to the reader.
The newsletter will usually be about 2-3 pages in length and should have a nice professional look and feel to it in PDF format.
The retention rate on this type of subscription model is so high due to the fact that the price point is so low.
It’s just like your Netflix subscription of $7.99, now $9.99, where you don’t think twice about cancelling it ever if you never use it.
Also by providing a low monthly fee, the barrier to entry is reduced to almost no barrier since it’s so ridiculously reasonable.
Another trick of the trade to retain subscribers is tease upcoming content and/or to offer free products or giveaways once a month to your subscriber base.
Once you get this sales funnel dialed in it can easily make you more and more money each month as you’ll be adding more and more subscribers to your newsletter than you’ll be losing.
This is truly a sustainable online business model that doesn’t require a lot of work and can give you the laptop lifestyle you maybe seeking.
So will you be using this monthly newsletter business model to diversify your income stream?