What Is The Profit Cycle
The Profit Cycle is a system used by entrepreneurs, specifically Affiliate Marketers to create and build online businesses that generate revenue. Yes, multiple streams of income can be created online. It is a simple cycle that takes a customer through a purchasing experience like no other. If used correctly, it builds relationships and can generate large amounts of revenue.
The Profit Cylce Steps 1–6
Like ALL businesses, whether online or offline (brick and mortar) businesses need people to know what they offer and where they can go to purchase the goods and services. In the online business world, this is known as traffic, there are several different platforms you can use to get FREE and PAID advertising to generate the traffic needed. Some Paid examples are Google, Facebook, Instagram. Some Free opportunities are social media (posting from your personal account on pages and on groups), thefreeadform.com and blog sites like medium.com
The second step of this cycle is called an Optin page (Also known as a landing page or lead generation page), here is where you gather the customer’s/client’s information such as name and email, more detailed information can be requested if needed. This information is then collected by what is called an Autoresponder (my personal preference is GetResponse.com). I will explain how the Auto Responder works after I discuss how we get the customer/client to enter their information.
What is more, insisting then a FREE offer? Nothing! Humans LOVE to get something either for FREE or at a Discount. Speaking of which, Here is a FREE Course that will breakdown in detail.
The way to get people to provide their personal information is by offering them something completely FREE. Now you may be thinking, what in the world can I give out for free? What do people want besides something free? Value! Find a niche and either write an ebook or by them at theplrstore.com. Here is an example, most golfers WANT, NEED and CRAVE for a better golf swing, for whatever reason be it ego, fun or to make money, add value to something free and they will enter their information!!!!
When they get their FREE offer, you get their email which means the ability to build a relationship with them and send them more offers with tons of value they will be willing to pay for.
The next step is where the magic happens. This email is collected by the autoresponder, which then disseminates emails that you create without you having to do anything to prompt it. Let me explain this with a little more detail so you can understand the magnitude of an email list.
Let's say you have 100 visitors a day that opt-in their email in exchange for their free offer full of value they want, need and desire. Let’s say this happens for an entire month. How many emails will you have collected? 3,000 Emails!!! That means that 3,000 people will receive your email promotions in two different ways and times, the first time they enter their information which prompts a select set of emails to be sent out within specific time periods. The second is through sending an email broadcast, that touches your entire email list all at once. The last piece is that there can be big money made if your Profit Offers are Profitable.
Most people don't know how to write what is called Copy in the internet world. Here is where I highly suggest a mentor, you can write thousands of emails but if you do not know how to capture your customer/client or to even send it so it does not end up in the spam section. This profit cycle is very simple but NOT easy.
Find A Partner Or Mentor
People who start learning how to make money online, affiliate marketing, or any online business quit because they do not have the appropriate tools and do not know where to go for help. Most marketers that have had massive success had a mentor! My mentor Anthony Morrison has taught me about affiliate marketing but also about entrepreneurship.
Learn all the How-To’s from Anthony and EVEN Partner in his mega-successful online training. When you partner with a TRUE mentor that has had massive success online it can obviously increase your probability of success RIGHT?
Check out Partner with Anthony and see how you can tap into a successful internet marketers business and mind.