Autopilot earning is something which usually happens after you’ve either invested in something or built an autopilot earning system, such as an online business. An online business lets you automate most of the systems within the business system; so when you’ve got everything running, it largely runs by itself.
A simple example of this is to use a high ticket coaching funnel. With a sales funnel, you have a number of digital products to sell via email marketing. Your marketing strategy sends targeted visitors to a landing page where you collect your subscribers information. From there you follow up with a series of automated emails recommending products and services.
If someone from your email list should purchase a product, you earn a commission on the sale.
Autopilot Earning – Spend First
Before you can get to the stage where you’ve effectively created an autopilot earning system or an autopilot income system, you need to build the system which will deliver the digital products. This involves either creating your own, or purchasing a high ticket sales funnel with a number of products already in it. Once set up, you need to build a marketing engine to drive visitors into your funnel. This takes some testing and measuring to get right, and at first you should expect to spend some money learning how to best target your perfect customers.
Once you get the measure of a good marketing budget, you’ll be able to send people into your funnel and convert your email subscribers into customers. With a good product range, you’ll be selling products which give you multiple sources of income:
- High ticket products – Certain training and education programs offer much larger commissions than some affiliate marketing products. See high paying affiliate programs list.
- Up-sells – Many affiliates make the mistake of only selling one product. They then have to sell them continuously to keep making money. With a product range, you can benefit from your customers if they purchase another product from a range, even years after their initial purchase.
- Multi-tier – Multi-tier affiliate programs let you earn an income from sales made by your referrals. This is a great form of passive autopilot earning if you have built a team who go on to build a huge business of their own.
- Membership products – Memberships and software products give you a strategy to earn ongoing commissions from every sale. So even with a low priced monthly item, you’ll still get autopilot earnings from work you’ve already done.
Content Marketing Vs. Paid Marketing
Start with a sales funnel and range of products to deliver (sign up on this site to learn more and access). You’ll be able to send people into your sales funnel and make sales over the internet. But before you can make any “autopilot” earnings you’ll need to sell affiliate products. With affiliate marketing you get paid on a performance basis. No sales equals no commissions. On the other hand if you can generate sales on a regular and consistent basis, you can also scale up an affiliate business.
This is done by either creating content or using paid marketing to send people into your sales funnel. Depending on the strategy you use, an autopilot earning system can be running fairly quickly. With paid marketing, you can very quickly generate some traction with an online business. Content marketing tends to take much longer because you’ll generally only find a few leads from each piece of content you create.
However, content marketing can act as a form of “trickle” marketing which continues to bring in leads and sales long after it is created. With paid marketing, you need to keep paying in order to keep generating leads. Unless you start making money quickly, this can get costly fast!
Autopilot Earning – Subscription Products
One of the best ways to generate autopilot earnings from the internet is through the use of subscription products. With a subscription, you get paid continuously for previous sales. So you’ll keep earning from sales made previously if your customers maintain their subscription. See recurring commission affiliate programs for more on this.
You can access an on-demand video series which will explain more about how to use a digital sales funnel to generate an income online. Sign up on this site using the form below/to the side.