STO23: How to Make $1 Per Subscriber Per Month

STO23: How to Make $1 Per Subscriber Per Month

By on Apr 26, 2014 in Podcast | 3 comments

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The difference between being broke and owning website that makes profits is something that has been true in business since the beginning of time:

The difference is simply arithmetic. Math. 

The broke “business owner” doesn’t know his numbers. The broke business owner doesn’t measure. The profitable and successful business owners do.

Fortunately, you don’t need to know how to do big, scary equations with symbols that don’t even have a single number involved. The math I’m talking about is addition, subtraction, multiplication and a little division. That’s it. Simple.

When you implement a key metric, it becomes even easier. So, in this episode of the Smart Time Online podcast, I give you your key metric: Make $1 per subscriber per month.

IN THIS EPISODE, YOU’LL DISCOVER:

  • How to best monetize a new online business if you’re just starting out.
  • How to make $1 per email subscriber per month (duh).
  • How I monetized my most recent website (this very one) within just 1 week of going live. From complete scratch.
  • How this works even if you don’t have a dime to spend on advertising.
  • The BIG secret to making money online: The _______ is in _______.
  • Why this “prerequisite” trumps all other mediums, including social media (proof included).

ACTION STEPS:

  • Before anything, put value first. Be intentional with helping others.
  • Understand and commit to this idea: Content and Promotion are not mutually exclusive of one another. 
  • Start building your email list NOW if you aren’t yet. Create a compelling lead magnet and put it in front of your visitors. You’ll never make $1 per subscriber if you don’t have a list!
  • Sign up for affiliate networks. Start looking at products and services that you’re comfortable with promoting that offer value to your subscribers.
  • Don’t ever forfeit value for the appeal of money. Period.
  • Identify where you are in your business at the end of every week. Pivot when necessary.
  • Would you like some 1-on-1 help? Click here

RESOURCES AND LINKS MENTIONED IN THIS EPISODE:

  • ClickBank – One of the most established affiliate networks out there.
  • JVZoo – Newest affiliate network, with lots of products that appeal to the internet marketing and make money online space.
  • ShareASale – Affiliate network that many of the big brands use. Sign up requires approval, but well-worth the extra time.
  • Comission Junction – One of the largest and most established affiliate networks. Recently merged with ValueClick, Inc. to become Conversant.

SUBSCRIBE TO THE PODCAST:

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IF YOU ENJOYED THIS EPISODE…

PLEASE share it! It’s easy… just use any of the ‘SHARE’ buttons below! Have a question about this episode? Leave a comment below and let’s chat!

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  • http://www.ellorywells.com/ Ellory Wells

    Hey Jon! Great show – I love the “high 5″ at the end!

    Do you have an episode where you share more specifics about what you’ve had success selling? I’d love to know.

    Your site looks great for just launching too; way to go!

    • John Dennis

      Hey Ellory! Thank you for your comment, it’s very much appreciated. I do not yet have an episode about what I’ve had success in selling because I’ve been focusing on direct strategies for subscribers / listeners. Maybe I should do something like that?

      And I appreciate your comment on the website, too! I do still have some nipping and tucking to do.

  • http://www.BrainofJT.com/ J.T. Smith

    I’m trying to do this with the gaming niche. It’ll be tough, but fun!