Services (Making Money Online)
Services are one of my favorite methods to making money online!
I mention this in Six Figure Boss that in order to make money online you need to give a person some sort of value in exchange for money. That value can be in the form of a product (virtual or physical) or a service.
I was thinking the other day that with Six Figure Boss, I teach people how to make money online. I teach you step-by-step HOW to do it and in doing so I lose out on so much money. Instead of teaching you I could GIVE you an already established business. Something turn key and ready to start making money online from day one. It would most likely FAIL but it’s what is in demand, people want INSTANT results with no work involved.
There are those who want a system and those who want everything handed to them. You can make money on both ends, just know that there is usually MORE money to be made with the latter group. The reason for that is two-fold, demand (bitches be lazy) and two, repeat business.
I love this quote.
“Sell a man a fish, he eats for a day, teach a man how to fish, you ruin a wonderful business opportunity.” – Karl Marx
With Six Figure Boss, while I teach you step-by-step, there are services I can offer on top of what I teach such as: web hosting, SEO services and more. Services are relatively easy to add to the main product, giving it more value and increasing your revenue.
What I love about offering a service is that you don’t have to be creative, it’s not about reinventing the wheel. Think about this: most products aren’t teaching. Most products provide a service or give immediate value. This sort of value beckons repeat business which means more money to be made.
In my virtual currency business years ago, I provided a service. I gave people virtual currency in exchange for money. I had customers that would come back every few weeks to purchase more virtual currency, creating repeat business. And it was great! I could add on more services EASILY and that increased my sales! I didn’t do the work.. more on that in a moment.
The point is don’t think of just eBooks or one-off products. Think of something reoccurring, think of providing valuable services to your customers.
How can you offer services?
It’s EASY! When I sell a service it’s either FULLY automated or outsourced to another person or group of people. I’ll sell web hosting but I’m not handling the web hosting. I’ll sell SEO services but I have a professional SEO guy doing the work. I’ll sell a premium membership but it’s fully automated with no work involved. That’s what I LOVE about services. There is very little overhead, it’s easy to roll out and the profits are HUGE!
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3 Comments on "Services (Making Money Online)"
Loving this Togepi pic… Man I was so into Pokemon… after about 250 I just didn’t like them anymore lol. They got stupid
I was wondering what you meant Jack.. then I looked up at the ‘Pokemon’ image which I didn’t realize was Pokemon before I posted it. Lol.
really??? hahaha ya lol