“Maximize Profits with the Money Magnet Model”
Learn how to create an Internet business model that will earn money from customers even if they don’t buy your product. Read this article to find out how.
The Money Magnet Model will help you squeeze the highest amount of profit from your Internet business website. To accomplish this you need to build targeted lists for each website you have. Targeted lists increase the odds of customers not only buying your products, but clicking on the advertisements on your website because the advertisements match their interests as well.
The Money Magnet Model also enables you to test product ideas before you launch or even create the product. You can conduct preliminary research through your website list. This will enable you to determine if there is a demand for your product before you lay down cold hard cash to create it. For example, you may create a product that you think will make you millions, but testing through the passive model has shown that potential customers think it is a stale idea. You have saved yourself hundreds or thousands of dollars by surveying your potential customers in advance. It is an excellent way to conduct product research and development.
Plus, you will actually earn money while researching the viability of a product. How? Think of the passive model. You build your list and potential customers come to your website. They click on Google AdSense advertisements while they are there which puts money in your pocket.
How exactly do you harmonize active and passive business models to create a Money Magnet website? Let’s say that you wrote an eBook and sold it on your Internet business website. This follows the active business model. The eBook sells well for a few months and then slows down. You wonder why your product sales have decreased when you are driving a large amount of traffic to your website.
You find that many customers are perusing your website, but they don’t actually buy your product. You can then harmonize the passive business model into your website by having Google AdSense advertisements. Therefore, you increase the chances of website visitors purchasing your product, clicking on Google AdSense advertisements, or both. This ensures that the efforts of your product creation are not lost forever. You can continue to earn money passively without any extra work on your part.
The secret is to harmonize the traditional active business model with the passive business model. A Money Magnet Model is easy to build, maintain, grow and duplicate. Essentially, you sell products and also monetize traffic that comes to your website. You monetize website traffic by earning money from website visitors whether or not they actually buy any of your products.
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ABOUT THE AUTHOR
Matt Bacak began investing his first earnings at the tender age of 12, a young businessman in the making. Now, 15 years later, Bacak survived failed businesses, botched partnerships, heavy credit card debt and bankruptcy - all in preparation for the accomplishments he has achieved today as a well-established Internet millionaire and best-selling author.