Let’s say you have a promotions page where you’re promoting a product via affiliate links. If you currently get 5,000 visits/month at a 2% conversion rate, you have 100 referrals. To get to 200 referrals, you can either focus on getting 5,000 more visitors, or simply increasing the conversion rate to 4%. Which sounds easier? Instead of spending months building domain authority with blogging and guest posts to get more organic traffic, you just have to increase the conversion rate by 2%. This can include landing page optimization, testing your calls-to-action, and having a conversion rate optimization strategy in place. By testing and optimizing your site, you’ll get far better results with much less effort.
28. Subscription – If you think of something valuable (newsletter, online magazine, etc.) that you can consistently offer on a certain basis (weekly, monthly, etc.), you may want to offer a subscription service. This could be a fee charged each time your product is sent out or on a monthly basis. Either way, this has to be something that your customers can only get by subscribing to your website.
So, where are we supposed to turn to make money the legitimate way online? This isn't just about generating passive income; this is also about finding ways and means to create an active income through the conveniences afforded to us by the internet that will not only help us with our debt obligations, but also empower us to save, invest and get really rich in the future.
Tai Lopez has 2.9 million followers on Instagram, 6.2 million fans on Facebook, 1m subscribers on YouTube, and 1.2m followers on Twitter. He is an investor, partner, and advisor to over 20 multi-million dollar businesses. Through his popular book club and podcasts The Tai Lopez Show shares advice on how to achieve health, wealth, love, and happiness with 1.4 million people in 40 countries. The Tai Lopez Show, gets around 800,000 downloads per month. Tai also owns the largest book shipping club in the world, Mentor Box, and was voted the Number 1 Social Media Influencer by Entrepreneur Magazine. He has interviewed: Kobe Bryant, Hilary Clinton, Rihanna, Jordan Belfort, Steven Spielberg, Mark Cuban, Chris Paul, Caron Butler & more. Get writing!