How to turn $50 into $5,000 in 30 days

A critical first step to earning more money is determining your reason(s) for earning extra money. It could be that you want to earn enough money for a down payment on a new car. I heard that Mercedes has a new offering in the elegant S-Class series. Maybe you want to take a well-deserved vacation. The average vacation cost is $4,580 according to cnsnews.com. Maybe you want to save up for a wedding. Weddings, by the way, cost a whopping $28,400 on average according to money.ccn.com. It may be that your children are pestering you to create or add money to your education fund. The costs of education are skyrocketing. College costs have increased 500% in the US since 1985, according to Bloomberg.com. The reason could be related to debt. The average credit card debt per adult in the US is $4,878. The money you earn could be used to pay off your credit card debt or pay medical bills. Medical bills, by the way, are the biggest cause of bankruptcies in the US according to cnbc.com.

is essential for write your reason(s) now. Please take a pencil and paper and do it before continuing.

Next steps-

  • Set your goal. A goal is a desired result that a person plans and commits to achieving a desired personal or organizational end point in some assumed development. A goal is something you put in writing with a specific amount of our result and a specific time frame or deadline. Your goal could be to earn $5,000 within 30 days as an example. Or it could be earning $50,000 in 3 months. is your goal
  • Define the goal. Objectives are closely related to goals. And the two terms are often used interchangeably. But the goals and objectives are different. Objectives are specific, measurable milestones that must be achieved in order to achieve a goal. In this example, your goal is to find people who are interested in buying products and/or services and sell those products and/or services to them at a price they can afford.
  • Create a strategy. With your goal and objective set and in writing, you can now proceed with the strategy. A strategy is a plan of action designed to achieve your objective and goal. Strategy is a high-level written statement of the methods you will use to reach your goal. In this example, your strategy will be to use affiliate marketing opportunities and a blog to bring buyers and sellers together. When a sale is made, you will earn a commission.
  • develop your tactics. Tactics are specific actions required to accomplish a strategy. Tactics are what you do, and for every strategy, there is a set of tactics. You will use various marketing techniques to attract buyers to your blog. Social media marketing, article marketing, video marketing and other techniques will be used.

What’s affiliates marketing? Affiliate marketing is a type of performance-based marketing in which a business rewards one or more affiliates for each visitor or customer generated by the affiliate’s own marketing efforts, according to Wikipedia. It is a function of electronic commerce. By the way, total e-commerce spending in the United States will hit roughly $262 billion this year, up 13.4% from last year’s $231 billion, according to a new projection from Forrester Research Inc. Affiliate Marketing it is a low-risk, high-risk strategy. return strategy for online sellers. US affiliate marketing spending will reach $4 billion by 2014 and will increase at a compound annual growth rate of 16% from 2009 to 2014, according to Forrester Research Inc. By becoming an affiliate marketer, you are connecting to this exchange of buyers and you are giving yourself the opportunity to win a lot of money.

Some of the top affiliate marketers pocket over $2 million a year. There’s plenty of money to go around, but no promises that you’ll make $2 million a year right off the bat. However, if you are committed to the process, you can earn a full-time income by working part-time hours.

Ok, so the next step is to identify the industries you want to help. You may be inclined to decide based on your personal interests. Perhaps you have read that a particular industry is about to emerge. There are many industries that offer affiliate marketing opportunities.

The renewable energy industry may be of interest to you. There are many products that are available online such as solar powered flash lights. By the way, when was the last time you saw a solar-powered flashlight at Wal-Mart or your local sporting goods store? They are incredibly difficult to find. Many people who enjoy the outdoors would save a great deal of money on batteries and flashlight fuel if they had solar powered lanterns and flashlights. This is just one example of items that people will gladly buy from your blog.

Another example is personal financial services. Millions of people are struggling with personal debt and need solutions to help them get back on their feet financially. By offering people credit card debt reduction services or mortgage refinancing services that they can’t get locally, you’re helping them regain control of their life and they’ll pay you in the process!

Maybe you love to travel or wish you could travel more. Providing travel packages to exotic locations can float your boat, so to speak.

Provide health-related products or services to millions of people looking for ways to lose weight and live a more active lifestyle. There are many options to choose from and many ways to earn money as an affiliate marketer in most industries.

The next step is to create a blog so you can tell people about products and/or services that will improve their lives. There are many companies that offer free blog space or you can buy blog space. It depends on your budget and your technical skills. Spend a day or two learning how to create a blog and how to add blog posts to your blog.

Write a few posts detailing information about your industry and the products and/or services that will soon be available on your blog. Make sure your content is informative and interesting. The last thing your visitors will want to read is blatant advertisements.

Next, apply to become an affiliate marketer for companies in your industry. Use Google to locate providers of the types of products and/or services you have selected to sell and complete your affiliate marketer application. You will receive a response within 48 hours in most cases. Be sure to keep track of which affiliate programs you have applied for and what the result of each application is.

You can then start adding affiliate links to your blog for the products and/or services you want to sell. Try to balance your blog with content and ads. A general rule of thumb is to load your blog with 70% content and 30% advertising. Another tip is to offer products and/or services that give you a good range of commissions. In other words, include high, medium and low commission articles on your blog for a good mix. You can sell several of each over the course of a day and having the right mix will allow you to hit your revenue goal.

Now is the time to market your blog. People will learn about your blog through your marketing efforts. Your marketing plan should include social media (Twitter, Facebook, YouTube, and others). It should also include articles and ebooks, as well as SEO (search engine optimized) blog posts.

Write down a list of keywords that your niche market will likely use to search online for the information and articles you are posting on your blog.

Devote at least an hour each day to marketing your blog. Be sure to include the list of keywords you just typed in for your Twitter searches. Follow people who are leaders in the industry, as well as people who appear to be new to the industry. By the way, industry leaders often have many more followers than newbies.

There are many Twitter tools available that you can use to reduce the time it takes to create, maintain, and communicate with your Twitter followers. Find Twitter lists related to your industry and create a list for your account.

Use online automation tools for delivering your blog posts to your target audience to reduce the amount of time and effort required for tweets.

Include a Facebook fan page in your marketing plan. Create a Facebook fan page and add relevant content and photos. Post snippets of your posts on the fan page to pique the curiosity of Facebook visitors and encourage them to visit your blog.

Articles and videos should also be used to promote your blog. The ideal is to write one or two articles every week. You can turn the article into an ebook and even a video after the article has been published. Set goals for your marketing plan and adjust your efforts until you’ve reached them. I’ve written other articles and blog posts with detailed instructions on how to write articles, set up a social media marketing plan, conversion goals, and create an overall online marketing plan, as well as other tips and tricks.

Replace poorly performing affiliate programs with other programs until conversion rates are at acceptable levels.

Keep marketing, measuring, and adjusting until you’ve reached your traffic, conversion, and revenue goals.

In short, when you have identified the reasons for making more money and have clearly stated a goal in writing, you can proceed to create goals, strategies and tactics to reach your goal. Monitoring your progress daily and making adjustments will keep you on track. E-commerce is here to stay and there is a growth spurt just before the holiday season, but any time is a good time to start. Your startup costs should be around $50 or less, depending on the blog service you use and other blog-related items you choose.

The two most important things to remember is that you must align yourself with the people and resources that will support you at any point in the process, and you must start now.

“Alone we can do so little, together we can do so much” – Helen Keller

“You can be late, but time won’t.” –Benjamin Franklin

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