My journey to making $100k per month from passive income

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Offline Wiley HardingTopic starter

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Hey,

I hope your day has been amazing. Have you ever wondered what it'd be like making $100k per month from passive income? The concept is simple, and everyone can do it. You can do it too! Only need to:
  • Work both hard and smart
  • Be disciplined
  • Use the right tactics
  • Rinse and repeat
Actually, I always question when people said about making passive income before, but all changed when I figured out exactly how to successfully make $$$ with a reseller program. Oh FYI, I joined AppSally reseller program after being recommended by my friend. The reasons I choose them are because of the variety of marketing services offered from platforms that I familiar with to platforms that I never heard of before. Also, of course, due to low startup investment!

Here's what I already did:
  • Purchase $1,000 of AppSally reseller credits
  • Integrate via AppSally API
Now, everything is set up and working correctly, it's time to scale up the marketing. I follow the suggestion from the internet that is to promote on social media regularly. So, I used my accounts on Facebook, Instagram, and Twitter to spread the words. What I did was first, follow targeted accounts that I think have my target audience, interacting with them, post my content in a consistent schedule. After about half a month, I start to see some sales coming in. Currently, this is my current progress ($2k+ revenue):



Post Merge: 12-07-2020, 22:04:36

[2nd update]

Hi, we meet again

Today is my second update and I will share a plan that has in mind to help me achieve my goals. I have 4 plans in my mind to help me earn more, but still figure out what can I do best here. If you guys have any idea or suggestion, please and please share with me.

My plan is:
  • Run Facebook Ads which I already did
  • Start an email marketing campaign
  • Use content marketing
  • Promote on YouTube
As I said earlier I already run the Facebook Ads. What I already did was:
  • Run a campaign for page likes, click to the landing page (my website), & boosted post.
  • Aim to increase awareness and reach.
  • Choose my target audience.
  • Set budget ($5 per day for each campaign)
  • Create the ads!
That's it for today, if you guys have any suggestion or opinions to help me, do reply here. See you again on my next update.
« Last Edit: 12-07-2020, 22:04:36 by Wiley Harding »


Offline Wiley HardingTopic starter

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Re: My journey to making $100k per month from passive income
« Reply #1 on: 12-13-2020, 20:44:20 »
[3rd update]

Hi guys,

Phew, it's been so long since my last update. It's a tough situation for me moreover during this pandemic. Can't believe I'm doing well so far. Today I want to update my progress of doing Facebook Ads. You still remember that I run a campaign for page likes, click to the landing page which is my website, and boosted post? This is my result for Facebook Ads:



As you can see, the cost of:
  • Page Likes – $0.57 per like
  • Clicks to the website – $4.01 per click
  • Boosted post – $6.35 per additional 1,000 people reached

Based on that, specifically, this is how much I receive for $5 per day:
  • Page Likes – 9 likes per day
  • Clicks to the website – 1 per day
  • Boosted post – 787 new people reached

Strategies that I used on Facebook Ads is creating ads that are eye-grabbing and clickable. I always make sure the visual is clear and use colors that get people's attention. Also, I play with curiosity & emotion, and guess what? It's successfully bringing more clicks! Still, I think I need to improve my ads campaign though...hmm what should I improve?  ???

Offline Wiley HardingTopic starter

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Re: My journey to making $100k per month from passive income
« Reply #2 on: 12-17-2020, 19:58:26 »
[4th update]

First, I want to thank those who DM me and share useful tips about the Facebook ads campaign. Based on my progress so far, I learned that:
  • Social proof is important even on ads campaign. More responses are coming from ads with comments and likes.
  • Also, I try other ads that incorporate customer reviews into the design of the ads.
For that, I used a service from Fiverr to design Facebook Ads at $5. So far, I get more traffic to the website and more people added packages to cart. Next, I would like to expand my strategy to get more sales via email marketing. I will start sending the newsletter to recurring customers and engage with them.

Offline Wiley HardingTopic starter

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Re: My journey to making $100k per month from passive income
« Reply #3 on: 12-20-2020, 22:21:11 »
[5th update]

Good day,

Last time I did mention will start using email marketing to help me get more sales and what I already did was:
  • I used Mailchimp as my email marketing platform.
  • Choose the standard plan that recommends by Mailchimp (starting at $14.99 per month, up to 100,000 contacts).
When sending emails, I pay more attention to send personalized messages, for example, I mention the customer name in the email. After that, use clear CTA with intriguing words that make customers click, and make sure all emails are mobile-friendly emails as many customers always use a phone to open the email. This one is very important – Use clickable subject email.

P.S. Test and find out the subject email that works for you because without clicked, all the useful content and your sell pitch will not be seen.

Offline Wiley HardingTopic starter

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Re: My journey to making $100k per month from passive income
« Reply #4 on: 01-04-2021, 01:25:14 »
[6th update]

Hello everyone,

Today, I'm a bit sad because my email campaign did not go as well as I expected. But is okay, I took that as a lesson. After about 2 weeks of doing this and the result wasn't what I aim for plus due to some problem that I will tell you later, I decided to change my email marketing platform. Before that, here are some of the results of my email marketing campaign:




What makes me decide to change the email marketing platform is I cannot afford the cost of Mailchimp as they charge users for unsubscribed contacts. Also, I discovered that actually, I can use Metorik engage newsletter which can be integrated with my WooCommerce store. That all for today, will update you next step soon.


Offline Wiley HardingTopic starter

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Re: My journey to making $100k per month from passive income
« Reply #5 on: 01-14-2021, 23:56:56 »
[7th update]

Hi guys, hope all of you are doing well and be better in 2021!

In my previous post, I mentioned using Metorik for my Woocommerce store. Metorik helps a lot to manage Woocommerce store and they offered helpful features such as Reports, Carts, Costs & Profit, Engage, Segmenting, Digest, Subscriptions, Export Data, and Integrations. For an email marketing campaign, I'm able to send targeted & customized automated emails to customers easily by using Metorik engage newsletter. So far, this is the best result that I got:



My next plan is to work on content marketing. I aim to increase exposure within targeted customers who might hang around forums etc. Stay tuned!

Offline Wiley HardingTopic starter

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Re: My journey to making $100k per month from passive income
« Reply #6 on: 01-24-2021, 00:38:15 »
[8th update]

I decided to start my content marketing strategy with Quora. I believe you guys know what is Quora. It's a potential Q&A platform to venture into as you can address your target audience's problems there. I start with Quora because it's FREE! How it works is:
  • Create your accounts
  • Search for suitable and relevant questions
  • Add your answers
  • Make it appear on top ranks

Sound easy, but not so easy. First, in finding questions to answer, I choose questions that relevant and have my target audience, high in views, and the answers there are not spam answers because it will be hard to rank if that is the case. Second, I answered the question interestingly, make it valuable, and inject some humor so it's not mundane. The last step is to get some upvote for it! This is an example of an answer with #1st rank and receives reasonable tractions to help its ranks.


Offline Wiley HardingTopic starter

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Re: My journey to making $100k per month from passive income
« Reply #7 on: 02-03-2021, 02:51:11 »
[9th update]

Hello there,

Remember last time I post about marketing on Quora? Today, I would like to share what I found regarding how to make answer's stick, be on top rank, as well as why some answers got deleted. Ouch!

To make the answer stick + be on higher rank:
  • Be relevant when answering the question. Include keywords from the question in the answer.
  • Provide knowledge that is reusable by anyone with the latest facts.
  • Write the answer casually, share experiences.
  • Get answer views and upvotes to rank higher.
  • Question with a high view, follow the question first before answer, and immediately get upvotes for it.
  • Add interesting visuals to catch attention such as pictures, GIF, and video.
  • Write a long answer than the existing one.

Possibility for the answer to getting deleted:
  • The way of answering is too salesy in promoting any service or goods.
  • Give spam answers.
  • Bold on too many words that are not relevant to the question.
  • Editing links in an answer will lead to answers deletion even after the answer stick for a while (apply to case basis).
There you go. So far, in terms of conversion wise, this channel really helps me to acquire $$$!

Offline Wiley HardingTopic starter

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Re: My journey to making $100k per month from passive income
« Reply #8 on: 02-08-2021, 02:57:38 »
[10th update]

My next plan for content marketing besides Quora is I want to further expand on other platforms such as Medium. What I do is publish new content on Medium around a theme that is related to what I'm doing currently. Along with that, I also explore how to create a blog or forum and plan to use it as content in my email marketing. After doing some research, I decided to create myBB forum.

Steps to create a forum in myBB:
  • Navigate to MyBB powered forum
  • Log in to the forum as an administrator
  • On the index page, click on the link to the administrator control panel, enter the administrator login credentials, and Log in
  • Click Forums and Posts > Forum Management > Add New Forum
  • Configure settings and click Save Forum
The cost incurred to create the forum is free. Some people suggest to me about using video marketing to get more visibility and sales. I have some plans in mind, will update you on the next post.


Offline Wiley HardingTopic starter

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Re: My journey to making $100k per month from passive income
« Reply #9 on: 02-10-2021, 02:56:04 »
[11th update]

Hi, hope all doing well!

I want to start video marketing on YouTube to get more awareness and customers. The content plan for the video are:
  • Make a product explainer video for better understanding
  • Make a video about customer feedback
  • Create a tutorial video on how to grow online effortlessly, giving step-by-step that people can easily follow
So far, I plan to create an animated video first. Next, before publish a video on YouTube, do check on your YouTube metadata. I overlook this thing at first! These 6 basic but important things need to be on top-notch to make a video found easier.

It's keyword-rich video title, a thorough description that builds curiosity, have industry-specific tags, got upload video caption manually, set up cards to get viewers engaged, and the most important factor is video thumbnails. Why? Because if people did not click to watch a video, how we want to achieve the target isn't? For that, I get service to create intriguing thumbnails on Fiverr at $10. I'm expected to have this kind of thumbnails:


 

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