There’s nothing better than passive income. And you can now start an income funnel using Groove Funnels for no upfront investment. Hard to believe but it is true. There are many ways to get started working at home and making money online and we want to cover probably one of the easiest for someone just starting out.
What do we mean by "passive" income?
Passive income is often referred to as earnings derived from a rental property, some investment, limited partnership, or other "real world brick and mortar" business in which you are not actively involved.
Virtual passive income that you make online is income that you earn without doing anything daily (even sometimes weekly) without investing in overhead or base materials.
This type of "hands off" income is highly sought after because if you can earn money without working 9 to 5 - 24/7, then that leaves you time to do other things, like taking that family vacation you’ve always wanted or moving to Paris for a year.
As long as your expenses are covered by passive income, you have the freedom to live the life you’ve always wanted.
Using virtual passive income tactics, you’re not limited by how much money you can make because it’s not based on the time you put into it and if you find the right apps to use you can start up an income funnel for no initial output of cash.
Imagine just how much a solid and reliable source of passive income could ultimately change your life.
You’d finally be able to live a lifestyle where you can enjoy time with friends and family while maintaining a viable and consistent source of income. (or move to Paris and eat croissants at cafes every day)
So, the only question that should be on your mind is…
How can I start building an unstoppable passive income channel without breaking the bank?
There are many many ways to create passive income that are based on proven, working strategies that have been responsible for generating thousands of dollars a month for a lot of people online.
Some passive methods take some time to set up, but once the ball gets rolling, you don’t have to do anything, and the money just comes in without the daily effort.
But this post will focus on one in particular...
Generating new leads abstract concept vector illustration. Generate leads, digital marketing software, sales strategy, new customer interest, sales funnel, internet, CMS abstract metaphor.
The Biggest Passive Income Maker
Okay, there are many ways to create passive income but one of the best, biggest and easiest ways is affiliate marketing...
Affiliate marketing is a fantastic virtual passive income generator because other than spending a few minutes each week sending out emails to your list, there’s very little else involved, if you have the right processes in place.
Of course, you’ll need to build that list first and that’s where the bulk of your time will be spent when just starting out. Thankfully there are several easy ways to get started even if you’re a total beginner.
Here's 3 simple steps to being a successful affiliate marketer.
Let’s take a closer look at each step.
List Building
The step one is to start building a solid list. This is a super vital component to affiliate marketing because your list will be your primary source of traffic.
It’s also one of the most cost-effective methods of marketing to a targeted group of buyers.
Honestly, you’ll never make as much money without a list and you’ll struggle to automate your business without this essential step.
To begin, you’ll need a mailing list provider.
You can get started with an email service free for 30 days
GetResponse (30 days free)
>> http://www.GetResponse.com
Oh, and if you need more advice on getting your first 1,000 subscribers - free then check out this free checklist at: https://promotelabs.com/
Work through this free checklist (a step-by-step process) to quickly build your email list from scratch to 1,000 active subscribers.
Grow Your Targeted Subscriber Base And Loyal Fans
Step two is growing your tribe of potential buyers and loyal subscribers.
This begins with providing them with incentive to join your list. You’ll then want to create some sort of lead magnet—a giveaway to entice people to subscribe to your email list—and a landing page with your opt-in box that allows people to enter their name and email address to subscribe to your list.
If you aren’t sure how to set up a landing page, you can cut out all of the work by signing up for a service such as:
GroovePages™ and GrooveSell™ which are now FREE and fantastic resources that handle everything from list building, leadpages to helping you build a profitable funnel that can run on autopilot.
GrooveSell is an incredibly powerful shopping cart and affiliate software.
Once you have your email automated and you are able to set-up a way to offer an incentive or “subscriber bribe” on your landing page with something like GrooveFunnels... <<That link has our bonuses too!
We can definitely tell you that GrooveFunnels 100% free tool is perfectly capable of running your entire business, maybe even better than some of the expensive complicated tools out there.
It is time to think about incentives!
If you’ve never heard of an incentive offer before, it’s basically a giveaway that entices visitors into subscribing to your list to gain access to more information.
You could offer short reports, or quickly repurpose PLR content from reliable providers like PromoteLabs.com
One of the easiest ways to start building your list is to offer pre-created high quality lead magnets that are designed to attract subscribers.
There are a myriad of tweaks you can do to create custom incentives... If you are truly serious about getting started then sign up for the FREE access to 10 exclusive tools worth $99 at https://promotelabs.com/vipdeals/
As long as what you are offering is relevant to your target market, and is as unique and high quality as possible, your landing page should do its job of converting visitors into active subscribers.
Again if you are serious about earning passive income...
grab your FREE access to 10 exclusive tools at: https://promotelabs.com/vipdeals/
Offers and Conversion Tactics
And finally, step three is to promote quality offers that convert..
Yes, it’s time to make money... by promoting high-quality products that you believe your subscribers will appreciate.
You can find products on many different marketplaces, but GrooveFunnels even throw in some bonus packages for you to start out!
You can also go to our affiliate sign-up page and get started promoting some of our incredible products at: https://promotelabs.com/affiliates
When it comes to maximizing your income with affiliate marketing, the key is to offer a bonus - something extra - that adds instant value to a purchase. That way, subscribers are more likely to purchase through your link than through a competitor who isn’t offering anything more.
In affiliate marketing, the strategy of offering bonuses is used all the time. Affiliates will package up auxiliary components and other tools that are relevant to the products they are promoting, and then present it to potential customers as a way of standing apart from other marketers. Want to learn more about affiliate marketing check out our course here.
And there is no shortage of bonus content and products you can create for virtually any type of affiliate campaign or niche market.
Simply find a missing link in the product and create a bonus product around fulfilling that need or extending the value of the product in some way.
Your bonus offer also needs to be either exclusive, limited or both. In many cases, your bonus offer will be the driving force behind whether a potential customer chooses to purchase the product through your affiliate link, or someone else’s.
It’s also very important to use strong ‘urgency motivators’ with every bonus offer. If people feel that there’s no rush, chances are they’ll continue looking around for a better offer, so make sure your bonus stands out.
So, how can you set up and manage bonus offers like this?
You could manually set up download pages and track affiliates, or you could make it easier and use a product like www.ConversionGorilla.com that simplifies the entire process.
Are you excited yet?
Now, not only can with GrooveFunnels, you create landing and review pages but you can set up bonus products for just about any type of offer. Plus, they even give you some free bonus packages that you can slap your name on and use immediately.
Groove is, by far, the best way to be able to build websites, sales funnels, and sell digital products online.
The best part? It’s FREE.
But the free value does not end there…
Groove Funnels is not just a website and sales funnel builder.
The co-founder of Groove, Mike Filsaime, is actually a veteran in the Internet marketing space and has put all his experience and expertise into one of the best suites of marketing tools I have ever seen.
This 100% free tool is perfectly capable of running your entire business, maybe even better than some of the expensive complicated tools out there. It includes everything that you need to run an online business, all for absolutely free.
Here’s just a quick list of what GrooveFunnels can do for you:
FREE sales, page, and funnel building platform
Possible to build my own branded websites with full navigation
Can integrate with my own custom domain name
Able to sell my products with what they call a 1-click upsell
Capability to integrate upsells, downsells, and order bumps
Even has a way to create my own powerful affiliate program for my products!
And that’s just for starters because there is so much more for me to explore!
So we hope these tips help you set yourself up with a solid passive income for little to no money invested. Good Luck!
