An automated income system is comprised of a marketing engine, an email campaign and digital products.
There’s more to it than that of course. But let’s back up a little!
I downloaded an ebook from eBay one day back in the early 2000’s. The ebook I purchased was a system too. It taught me how to buy and sell from eBay and make a profit. You can read about here. But the ebook download struck me as the perfect automated income system; so that’s where my journey began!
Automated Income System
After a while of using the eBay strategy I decided there must be a better and more lucrative strategy to make money through using the internet. I was buying physical products through eBay and then reselling them back on eBay. The trouble was it was a very time heavy business model. I was doing lots of searching for bargains, re-listing items and posting them out.
I wasn’t making enough money from the strategy so thought back about the eBook purchase. This struck me as the perfect business model – an automated income system and downloadable products. With downloadable products I didn’t have to physically post anything or handle anything and this saved heaps of time. Time which could be better used marketing the product.
Automated Income System
So I decided to create my own ebooks and attempted to sell them. When that didn’t work I put myself on several online marketing courses. The courses taught a business model known as affiliate marketing. Although my first intention was to learn how to sell my own ebooks, I realised that affiliate marketing was a better strategy than selling my ebooks!
So I started learning about affiliate marketing. I blogged and I used paid marketing too. Despite some small successes selling other people’s products online, I failed to make a consistent income from it. I learned the basic premise of it:
- Build a landing page to collect subscribers emails
- Follow up with a series of automated emails promoting products
- Focus on marketing the landing page and collecting subscribers.
I suspect that’s how many affiliate marketers start out. Income at the time was very sporadic so my marketing strategy was mainly free. This meant I blogged a lot and even created videos and uploaded them to YouTube. However, despite a lot of effort, results weren’t showing. I made the odd sale but really didn’t see anything to write home about!
Paid Marketing
Paid marketing showed the most promise. One of my campaigns started showing sales every day! Unfortunately my Adwords account got shut down just before I was about to increase my marketing budget and scale up!
Back to the drawing board for me. I focused on free marketing for several years after that since I couldn’t get my account back.
Some of my content led to sales but they were too far apart to call a serious income. I just wasn’t getting any traction and I was losing motivation too and belief that it could even work! I’d tried several tactics over a few years but got nowhere. My automated income system wasn’t working!
I Found Help
Despite several years of this, I kept going for some reason. I knew there was something to this and it could work if I only took the right action steps. I just kept spending time on all the wrong activities. Despite working really hard, nothing seemed to work!
I found another video online of a guru talking about online businesses. I decided to empty my cup and start again with the mind of a beginner. Since my results were pretty poor, that’s what I was. I had learned some skills though over the years such as SEO (search engine optimisation) and building websites.
But I hadn’t figured out how to consistently make affiliate sales and build a real income online which was my main goal.
Business Model
I joined an online community who helped me set up a sales funnel with a range of digital products in it. This was an important difference to what I had done earlier. A range of products makes all the difference. This was something I hadn’t known about before. I had only sold single products for around $100 each. With an affiliate commission at 40% that gave me $40 for each sale I made.
However, this didn’t leave a lot of room for mistakes and learning. Especially when using paid marketing. A range of products gives you much more room for learning. I learned to use products which contained:
- Recurring income – memberships and software products
- High ticket items – gave me larger commissions and made paid marketing more possible.
- Multi-tier sales – gave me an income from the sales made by my referrals
- Built in sales team – closed sales on my behalf
Some of the products I was promoting offered commissions of up to $8000 on a single sale. This made all the difference.
Mindset Issues
My main problems were not what I initially thought they were either. I thought I was doing everything I could. But what I learned was that I was in my own way. My mindset wasn’t right and I was recreating problems from my past and creating more frustration and difficulties.
Removing mental baggage and blocks in my mind sounded to me like a load of nonsense. But I didn’t understand how important mindset was to building an online business. Once I was able to see my old patterns and understand how they were affecting my business, I could move past them and create routines and strategies which helped aligned my unconscious mind and conscious mind to work together.
This is such an important part of becoming an entrepreneur and building an automated income system.
Serious About An Automated Income System
If you’re serious about creating an automated income system then access this free video series to learn more.
You’ll be able to access an online business system and community of like minded entrepreneurs for help, training and advice.
You’ll also be able to use a pre-built sales funnel and email follow up series which contains a number of products you can sell online globally. It takes time and effort to build a legitimate income from the internet and you’ll need to provide value and help people in order to make it a reality. But if you want to get paid on autopilot, it’s an opportunity you don’t want to miss!