Choosing and building the right income streams is very important. After all, we’re in this to make money right?
The income streams you choose should be determined by what type of business or website you’re creating.
For example, if you plan on creating an entertainment style website with a related channel on YouTube, then you’re going to want to make sure you become a YouTube partner so you can host ads on your videos and earn advertising revenue. You’ll also want to plan on signing up for Google Adsense so that you can generate additional advertising revenue from your linked website.
That’s just one example..
If you plan on promoting internet marketing opportunities then I’d recommend creating a website related to your name, so you can start developing a well known online presence and promote those opportunities on your website. Conversion rates increase when a well known name or brand is pitching the sale.
Building strong relationships with fellow internet marketers and companies is a crucial part to your future success in this industry.
Developing these partnerships will take some time, but the more connections you accumulate, the more opportunities you will have to leverage your business.
For example, if you created a successful website which generates a substantial amount of traffic, you could use this as leverage to create additional income streams from companies who would benefit from that traffic.
There are several examples of how developing partnerships and gaining leverage can have a significant impact on your business, but the main concept you need to remember is simple:
- Traffic = Partnership Opportunities
- Traffic & Partnership Opportunities = Leverage
- Leverage = $$$
Ready to talk about traffic?
Continue to Step 3: