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Tuesday, May 22, 2007

Money online : LESSON FIVE

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LESSON FIVE
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LESSON FOUR we focused on the value of INFORMATION
products in your start-up strategy. Remember that the
biggest advantage in dealing with info products is that
they can be delivered electronically and hence you
can create totally automated businesses - money
machines, if you will.
automated.

Today we are going to discuss another very important
aspect of making money online.

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YOU NEED TO BUILD and OPERATE MULTIPLE SITES
==================================

Want to know a little secret that will dramatically change
your online fortunes?

Here it is.

In the affiliate income business, it's faster and easier to
create 10 simple sites that each make $500/month,
than it is to make one site that makes $5,000/month.

This is known as... "multiple streams of income".

All the successful online entrepreneurs have multiple
sites. In fact, some have as many as 50 to 100 websites
working for them all the time.

As a result, I specifically designed Simple Money
Machines so it would be simple to manage multiple
sites. And each account comes with either 3 or 10
machines (sites) so you can start generating multiple
streams of income immediately.

There are literally hundreds of thousands of potential
affiliate opportunities for you to promote so it's very
easy to set up multiple "money machines".

And here's the BEST part, the more machines you have,
the faster you'll learn and the more money you MAKE.

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TEST AND RESPOND AS FAST AS YOU CAN
=================================

The key to this is testing. You must be able to quickly
build your sites and then test different elements to see
how they perform against each other. Which headline
gets better results? Which offer converts better? And so on.

The best way to do this is through "Split Testing." This
is the process of "splitting" the traffic between two
different versions of the sales page on your website,
and seeing which version get the highest conversion -
makes the most sales.

And to do this effectively with 10 different sites, you
need automation. It needs to be as easy as possible
to set up and keep track of all your tests and results.

That's why Simple Money Machines comes with
automated Split Testing features in every machine.

In minutes, you can make one or two changes to a
site and put it back online to perform against the
previous version of the site.

Then while you carry on with your day, Simple Money
Machines will automatically track and measure the
conversions at each of your sites.

You'll know within hours how the new element performed
and whether to keep it on the page.

The next day, you simply repeat this process until
each of your sites is maximized and performing at its
best.

Best of all, because of the automation technology employed,
you can manage multiple sites (multiple streams of income)
in less than an hour a day, instead of the normal four to
six hours it used to take.

Tomorrow we'll talk about the revolutionary new way
to reduce the cost and time required to make money
online.

Till then...

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