There two ways to make money online… the long way (building a real business), and the get rich quick way. Neither of them guarantee results, but the “get rick quick” methods usually don’t work as well and aren’t going to stand the test of time.
However, this doesn’t mean that you can’t make good and quick money every once in a while. A good example of this is through the rebill campaigns that flooded the internet a couple years ago. The payouts were extreme and they were all over the place. Customers were getting hammered with rebills and online marketers were raking in the crazy cash. Then the FTC got involved and made examples out of a few people and that was that…
Then there are legitimate businesses that have real products and services that people are more than willing to use. This can be anything from web hosting, tracking solutions, memberships services and so on… basically a real quality product and service that people enjoy and want to use.
One of the latest promotions that has been making it’s rounds across the internet lately is the Big Idea Mastermind from Vick Strizheus. Online marketing are pushing free videos and new product launches all the time. I’ll get hundreds of their emails in my box and it’s always interesting to see how they are pitching their products and getting people to sign up for their offers.
In Vick’s free video courses he goes into some quick detail on his “secret formula” that helped him generate over $700,000 in less than a month, which really breaks down to the following.
- VEHICLE (offer)
- MOTOR (system)
- FUEL (traffic)
Whether you are looking to join the course that Vick is offering or looking to start your own business online, the formula and business model is still the same. Let’s use these three same formula components and break down the process of starting an online business or ad campaign.
In this example we will use a niche Amazon.com affiliate site for example.
VEHICLE
Just like a “car” is a vehicle, your overall business model acts in the same way. In this example the “vehicle” would be your niche web site and working with Amazon.com to promote the products and earn a commission on every referred sale. This is a great model for someone who doesn’t want to deal with any transactions, costs, product handling or customers.
MOTOR
Just like a car needs a motor, so does your business. The motor will act as the driving solution around your business, which would be the content on your site. Since you are going to be focusing your content around a specific niche product, you would create tight content such as reviews, customer feedback, coupons, videos and promotions around that specific topic. For example, if you were going to make a niche site on the best “cooking pots“, you should create a comparison list, compare prices, say why some are better than others and customer feedback… everything you can as long as it’s related to cooking pots.
