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How To Make 30,000 Per Month On The Side PDF
How To Make 30,000 Per Month On The Side PDF
on the Side”
- Deepak Kanakaraju
Table of Contents:
● Chapter 1: The Purpose of This eBook
● Chapter 2: Making a Plan to Quit Your Job
● Chapter 3: Is it Possible to Make ₹30,000 per Month?
● Chapter 4: 3 Different Ways to Make ₹30,000 per Month
● Chapter 5: Conclusion
Chapter 1:
The Purpose of This eBook
If you are reading this eBook, I believe that you are interested in making some
extra money on the side. And I believe you are interested in becoming a full
time entrepreneur sometime in the future.
Though this report is titled “
How to Make at Least ₹30,000 per Month on the
Side”, i t is not about just making ₹30,000 per Month. It’s about
entrepreneurship and how to become a full time successful entrepreneur in the
near future.
One of my goals in life is to transform at least a 1,000 people in India to become
self-sustaining successful entrepreneurs. I hope you will be one of them!
You have made the right decision to download this report and invest time in
reading it. You will realize sometime in the future, this report changed the
direction of your life.
Before we get into learning about the actual methods to make money on the
side, we need to talk about the purpose of this report, why I wrote this report
and how it is going to help you in the long term.
I am writing this report from 10 years of personal experience. I have done
projects on the side, been a full time entrepreneur, been in five different jobs as
a digital marketing manager, been a consultant and then I am back to being an
entrepreneur. You can check out my story in my TEDx talk if you haven’t
watched it already.
Why Entrepreneurship?
If you want to become really rich in life and build a lot of wealth, the only way
for us (and for me) and people like us is entrepreneurship. Entrepreneurship is
the only chance we have at getting rich.
And Entrepreneurship is not always about getting rich. If you are working on
your own business, you will have a lot of work satisfaction, you will be able to
create a lot more value for the world than being an employee and the most
important of all… you will not have a boss that is giving you a hard time.
There are two ways to lead our life… one is to be in a corporate job, move up the
ladder slowly, literally sell our soul in the process and earn a decent living for
ourselves and the family.
Or we can become an entrepreneur.
But how does one become an entrepreneur?
Is there a “safe” way to ease-in to entrepreneurship from being an employee?
Truth be told, becoming an entrepreneur is a risky thing. But if you can
manage your risk properly, you will be able to get into entrepreneurship
without having a bumpy ride along the way.
Look at the positive side… we could really get rich with entrepreneurship. The
benefits are far bigger than the downsides or the risk.
There are two risks we need to manage here. Financial and Career risk. But I
will tell you how you can get this risk covered. Once you have no financial or
career risk, jumping into entrepreneurship will be an easier thing to do.
Here’s a long list of benefits that you will get if you become a successful
entrepreneur:
● You will be able to support yourself very well
● You will become rich in the future
● You will be doing the work that you love
● You will not have a boss
● You can travel when you want and work remotely
● You will be the boss and you will be proud of a team you have built
● You will be able to contribute value to your customers, give a job
opportunity for your employees, and be able to contribute back to the
society in the form of philanthropy.
I don’t know anyone who has not wanted to be a successful entrepreneur.
Many self-made businessmen are way richer than celebrities, sports stars and
politicians and they lead much more authentic and satisfying lives.
A recent poll that I posted on the l earn digital marketing group reveals that
most of the people want to become entrepreneurs for financial freedom and
wealth.
And the next reason is that they believe they can create more value as an
entrepreneur than as an employee. Some people said they wanted to enjoy their
work and want to have a better quality of work-life. ( That’s one of the best
benefits of entrepreneurship to be honest).
But let’s not be kids and not see the downside of starting a business. No one
can have a cake and eat it too. Everything in life has a price.
So what’s the downside of entrepreneurship?
● You need some capital to start a business.
● Most of the people do not have money to invest in a business and even if
they have some money, they are not ready to risk it.
● Entrepreneurship requires a lot of hard work in the beginning stages.
Most of the people do not have the capability to do such work due to
family commitments, habits and sometimes people are just lazy.
● Most of the people who start a business fail within a few years.
● Many people lose the money they have invested.
We now agree that the positives of entrepreneurship is really awesome and we
all want those benefits.
But the downsides and risks are also very high. By the end of this report, you
will understand that how we can reduce the risk with proper financial planning
and enjoy the long term benefits of your 1-2 year entrepreneurship stint (even
if you business fails in the first 2 years).
What’s next in the process?
Entrepreneurship is awesome.
But no one can become an entrepreneur, unless they quit their job first. And
that’s the purpose of this report.
The very goal of this report is to help you make a plan to quit your job, and
become an entrepreneur.
So the next chapter is about the financial plan that you need to quit your job.
Chapter 2:
Making a Plan to Quit Your Job
If you have just graduated, live with your parents and if you can start a
business with a small investment funded by your family, by all means go
ahead.
(My first business project was a blog about motorcycles which I started with an
investment of ₹10,000 sitting at my parent’s home and I had no living expenses).
Right now, there is a high chance that you are stuck in a job or haven’t joined a
job yet. You’ve probably graduated and moved out from your parent’s home.
Once you are independent, you have to support yourself and your family if you
have one. The income from the job is what supports you.
And that income is very important. You cannot avoid those monthly bills like
rent, groceries, apparel, electricity and so on.
A job takes away all our time and energy. No one can become a successful
entrepreneur while having a full time job.
More than money, building a startup requires a lot of time in the initial few
years. It is almost like taking care of a baby.
To get that kind of time, you need to quit your job. To quit your job, you need to
make a financial plan.
Most of the people just dream about quitting the job and becoming an
entrepreneur someday. They will keep dreaming and will never achieve their
goals of quitting their job and starting a business. Because they don’t have a
plan in place.
Once you have a financial plan, you will be able to plan your exit. And that’s
what this report is going to help you with, apart from giving you ideas of how
to make money from a side project.
The first question to ask is: If you quit your job today, how long can you survive
with your current lifestyle? I asked this question on the Learn Digital
Marketing group on Facebook recently, and most of the people said that they
need at least ₹50,000 per month to support themselves.
For people who are single and in Tier 2 cities in India, ₹50,000 per month
might be enough.
For people with families, with kids, living in Tier 1 cities, ₹1,50,000 per month
is a more likely number.
Since most of the people have answered ₹50,000 per month, for the rest of this
report, I will take this number as the target goal to be achieved for monthly
survival.
(If your monthly income requirement number is different, you can still take my
ideas and apply the same concepts, just with different numbers, I have added chart
towards the end of this chapter that helps you plan according to your financial
requirements).
Time to do some MATHEMATICS...
If you need ₹50,000 per month to survive, that’s ₹6 lakhs a year. And for 2
years, it is 12 Lakhs.
Let’s say that if you start today, it takes 2 full years for you to become a
successful entrepreneur. By end of 2 years, you should have a successful
project running that brings in at least ₹50,000 per month in profits.
To quit your job today and start a project full time, you need 12 lakhs in savings
- to pay your monthly bills for 24 months. (₹50,000 x 24 months = ₹12 Lakhs)
First of all, 12 Lakhs is a lot of money for a lot of people. It takes some time to
get to that level of savings.
And I would not recommend quitting your job, even if you have 12 Lakhs in
savings because you have no experience in making money with a side project.
Without the side-project experience, your success in a full time business is also
not likely.
If you are capable of making money from a side project, it gives you a lot of
business skills that you should put to 100% use when you quit your job.
And you learn the business skills while you keep your day job.
That’s why my advice is that, first start an online side project and start making
₹30,000 per month on the side. DO NOT quit your job until you reach this
number.
If you can make ₹30,000 per month with a side project online, then you are
already making ₹3.6 Lakhs a year.
Which means, if you have ₹2.4 Lakhs in savings, you can survive for an entire
year. ₹20,000 per month x 12 months = ₹2.4 Lakhs. (For 2 years you need ₹4.8
Lakhs)
So here’s how the math looks...
₹30,000 per month ( from a side project)
+
₹20,000 per month (taken from savings)
=
₹50,000 per month needed for your survival.
The savings required for 2 years of survival now is just 4.8 Lakhs. Let’s round it
off to 5 Lakhs.
So here’s your first goal…
Have 5 Lakhs in savings and make ₹30,000 per month from an online side
project.
Having 5 Lakhs saved up is a very realistic number for most of the people.
Once you quit your job, you will have plenty of time and energy. If you can
achieve ₹30,000 per month from a side project while you are working on a job,
then you will double that income within a year if you work full time.
You have another two years to start making ₹50,000 per month from your
online side project, and by that time your savings will run out.
But if your online side project income reaches ₹50k to ₹60k per month, then
you never need to go to a job again.
What if you fail?
Just in case, your projects do not work out as expected and your savings run out
in 2 years, you can still get a job after 2 years by showing this as work
experience. Most startups nowadays value people who have done
entrepreneurship because that’s what the startup wants.
Entrepreneurs get into the habit of getting things done, coming up with new
ideas and inspiring people around them. There are enough reports that says
that such people are highly valuable.
So worst case, if your startup project doesn’t work, you can always go back to a
job, highly valued and have the chance to do a startup again sometime in the
future. Check out this news report from Economic Times which says the same
thing.
The two major risks of trying entrepreneurship are career risk and financial
risk. If you plan as I have mentioned, the career risk is zero and the financial
risk is also zero. In fact, as discussed above, your career can become better in
the long term if you are a failed entrepreneur.
If you succeed, you will achieve all the dreams you’ve ever had. If you do not,
you still wouldn’t have wasted your time. You need to set your first goal as
starting to make ₹30,000 per month from an online side project. And this
figure of ₹30,000 per month is also not something I pulled out of thin air.
In a survey done in Learn Digital Marketing group recently, most people voted
that ₹30,000 per month from a side project is enough to give them enough
confidence to quit their jobs.
Conclusion & Recap:
So far in these two chapters we have clarified the purpose of this report and
how to start making a plan to quit your job. Before we jump into the exact
methods of making money, let’s refresh the numbers.
It would help if you take a print out of it and post it somewhere where you can
see it everyday so that you are constantly reminded of your financial goals.
So here are the numbers you need:
First 2 Years after Quitting Your Job
Total Money You Need ₹50,000 (per Month) ₹6 Lakhs (a year)
Per month to Survive
Income from Side ₹30,000 ( per Month) ₹3.6 Lakhs (a year)
Project
Transitioning to Full time-entrepreneurship:
● By the end of 2nd year of quitting the job, your online side project should
start making ₹50,000 per month or more. By end of 2nd year your
savings will run out, but since your online project now makes ₹50,000
per month or more, you don’t need a job again.
● And you can slowly increase this income to ₹60,000 per month by the
3rd year, ₹
70,000 per month by the 4th year and so on… (you will never
need to look for a job again in your life!)
As mentioned before, these numbers are for the majority.
Depending on your monthly financial requirements, your numbers will be as
follows ( a
lso available in this Google Sheet)
You will be earning 60% of your monthly financial requirement from your side
project and funding the rest 40% from your savings.
If your financial requirement per month is ₹1.5 Lakhs, you will be funding
₹90,000 per month from your side project and ₹60,000 per month from your
savings. You would need ₹14.4 in savings before you can quit your job.
If you are spending ₹1.5 lakhs a month, then I believe you are making more
than that from your salary. And if you can get to this level of salary, I am sure
you are capable enough to make ₹90,000 per month from your side project.
Reaching ₹90,000 per month from a side project is definitely harder than
reaching ₹30,000 per month… and if you feel ₹90,000 per month is too high
for now, then you should reduce your monthly spending to pursue your dream
of becoming an entrepreneur.
Giving advice on where you should save money is beyond the scope of this
ebook. However, having a general mindset of frugality is a base ingredient for
becoming an entrepreneur.
Now that we are clear about WHY we should become an entrepreneur and HOW
to plan for it… let’s now dive into the practicality and possibility of making
₹30,000 per month.
Is it easy, is it possible?
Let’s find out...
Chapter 3:
Is it Possible to Make ₹30,000 per Month?
If you are in a job and if you are making money, it is a proof that you have
something of value to provide to your employer. Your employer is making at
least 20% more money than what is he paying you else, he would be in loss.
If you can create so much value for your employer - you can definitely create
that much value through a side project.
But another self-doubt many people have is that “
I cannot spend my full time on
the side project, I can do it only part time”.
But even if you can spend 1 hour of quality time per day on your side project, it
should be more than enough. Because you are NOT DOING A SIDE JOB. You are
doing a side project.
There is a huge difference between doing a job and a project. In a project you
create assets and it builds a momentum of its own. With a job, you trade your
time for money, and you will not be building an asset.
Consider that you are trading your time for money and you are putting in extra
efforts after work hours in a job.
If you are making ₹50,000 per month from a job and you spend some extra
time doing a part time job, you might make another ₹20,000 per month and
your total income might be ₹70,000 per Month.
But this part time income cannot go up, because it is a part time job, not a part
time business / side project.
Here’s a small sketch I did to help you understand what I am talking about.
However, if you start a side project, your income will not be much in the
beginning, but it will increase slowly.
Because side projects are business projects and businesses as a general rule
have momentum that is built slowly over time with reinvestment of time,
energy and money.
The project will take a life of its own and after a certain point, you will be able
to earn a passive income from your business projects.
Look at how the following graph is different from the one above. A side project
will start slow, not make any money in the first few months, but the
momentum will build slowly.
You keep your job’s income coming in. Save money by spending less than you
earn. Build your savings, work on your side project, until it reaches ₹30,000
per Month in earnings.
Then quit your job, focus full time on your side project for 2 years and use your
savings to support yourself… and then once you reach ₹50,000 per Month, you
can continue working to get the orange line even higher.
That’s the difference between a part time job and a side project. Jobs - both
part time and full time are slow growth activities. Businesses grow fast after a
certain period of time, but needs a lot of time and energy in the beginning
phases.
This side project will also help you develop a “
business-mindset”, where you
will start thinking along the lines of - how can I invest my time, money and
energy intelligently so that I can create passive income streams.
People without the “business-mindset” and with a job-mindset, w
ill think like:
“How can I work harder and spend more time working, so that I can make more
money”.
With a job, you are not building any assets, so the momentum at which the
income can grow in the future is not going to be there.
You have limited time and energy in a day… you will not be able to expand that.
With a business, you have more money to invest as time goes on, and there is a
possibility to grow exponentially.
If you still do not believe that you can make ₹30,000 per Month just with a side
project, I will show you plenty of case studies where people have made this
kind of money with internet side projects. May be that will help you believe
that this is POSSIBLE.
Chapter 4:
3 Different Ways to Make ₹30,000 per Month
Out of the 7 methods mentioned above, 5 are through blogging. Blogging is one
of the best free marketing channels for online entrepreneurs and I would
recommend that you start with blogging whatever you want to do in the future.
The first method of making money through a blog is to sell advertisements.
When you publish content on your blog, you will get traffic.
This is people paying attention to the content that you have published on your
blog. Now you can sell a part of this attention to advertisers who might be
interested in reaching out to your audience.
Selling ads on your blog is not as difficult as it might sound. You do not need to
reach out to potential advertisers to get them to advertise on your blog.
The best way to start selling ads on your blog is to sign up with an ad network
that can help you run ads on your blog.
The ad network will manage advertisers, collect payments from them, take a
commission and give you your share for running their ads on your blog.
The No.1 Ad network for display ads is Google AdSense. If you sign up for
Google AdSense, you will get a code that you can place on your website. Once
you place the code on your website, the Google crawler will figure out what
your website is about and serve ads that might be interesting to your audience.
For example, this is a medium rectangle ad which measures 300 pixels by 250
pixels. You might have seen such ads across the web.
These ads either pay your for every click (CPC) or they pay you in CPM (Cost
per thousand impressions).
The earnings depend on the topic of the blog, the country from which the
audience visits from and a lot of other factors.
I have a Google AdSense account, and you can see that my blog
DigitalDeepak.com has earned $167 so far. This was just an experiment and I
have my ads only on two pages of my blog.
It has generated $167.39 from 926 clicks exactly and that makes each click
worth $0.18. That’s ₹13.08.
To make ₹30,000 per month, I need to get approximately 2,300 clicks per
month. If I have a CTR ( click through ratio) of 1% on page views - which means
that out of every 100 page views, 1 person clicks on the ad, I would need
2,30,000 page views on my blog every month.
That’s 7,000 to 8,000 page views per day required for my blog every day. To
build a blog to this level of daily pageviews, it takes a lot of time.
It is easy to generate such page views if your blog is in a mass market topic like
Politics, Entertainment, Movies and News.
In the last 30 days, my blog has received 1,11,000+ page views.
I made a lot more money than ₹30,000 per month from my blog with much
lesser page views because I sell products to my audience directly ( this method is
discussed in the 5th method of making money later in this ebook).
But it is also difficult to generate page views on a topic like marketing. It is
much easier to generate traffic from social media and search on a topic which
has a broader appeal.
Though making money from Google AdSense is definitely a straightforward
and a simple looking method to make money online, it is not an easy one.
I wouldn’t personally recommend Google AdSense / Display Advertising
method because there are much better ways to monetize your website
audience, which we will discuss in the future methods.
Another method that falls under advertising is selling sponsored posts on your
blog. People will contact you to publish a blog post on your blog about their
product / service and they would pay you for it.
One can charge ₹5,000 per post or more depending on the traffic that the blog
gets. At ₹5,000 per post, one needs to post only 6 sponsored posts on the blog
to make ₹30,000 per month.
I wouldn’t go deep into this method yet, because selling sponsored posts are
also not yet THAT great of a method to make money. The income is not going
to be consistent because some months you might get a lot of sponsored post
offers and some months, you might not be contacted by anyone.
Large publications sell their sponsored posts with a sales team and they will
have much more consistency. As a small individual blogger, it might not be
possible for you to consistently reach out to potential advertisers and get
projects.
Also, sponsored reviews are not very popular right now because Google
penalizes anyone who tries to buy sponsored posts and build backlinks to boost
their SEO.
So if Google AdSense and selling advertisements on the blog is not such a great
method, then what is?
That’s why we have to read about the rest of the methods, which are much
better than Google AdSense.
In this chapter, I am going to tell you what is Affiliate Marketing and how it
works, what are the existing programs that you can benefit from and how to go
about it like a pro.
I will also take you through my personal affiliate accounts and show you my
real earnings in order to give you some inspiration to get you started (not
boasting here).
Let’s begin by understanding What is Affiliate Marketing all about and how it
actually works.
Now there will be a time when you will exhaust the sources to gain more traffic
or sales on your websites. More often than not, a digital marketer alone cannot
drive all the possible sources of traffic to the website.
This could be due to: Running out of marketing campaign ideas or exhausting
different traffic sources to source from.
In this case, what should you do? This is when companies/websites rely on
Affiliates to outsource more traffic. You could do revenue sharing with others
who have traffic with them and benefit out of that. Now how will you do that?
Usually the format for affiliate links looks like this:
www.website.com?affiliate=1 (for say Affiliate #1) and
www.website.com?affiliate=2 (for Affiliate #2)
The part after “?” in the URL is called tagging the URL so that the website
owner can understand which Affiliate sends him the traffic/sale.
Based on this knowledge, the website owner will give commission to the
respective affiliate.
Now lets see an example:
Affiliate 1 and Affiliate 2 both sends traffic to the website www.website.com but
the sale was made through Affiliate 1.
The website owner comes to know about this through the link with tag
www.website.com?affiliate=1.
So, the affiliate commission is sent to Affiliate 1 because his traffic converted
into a sale. It’s that simple.
Note that in most cases, Affiliate programs are not based on earnings per click.
It is based on earnings per Lead or a Sale.
You will get a clearer idea when I show you the affiliate programs.
There are four different ways to become an affiliate and start earning from
them on a regular basis.
1. Look for Affiliate Links in Homepages: In many SaaS company websites or
Product company websites, within the homepage (mostly in footer or Top
Navigation Bar in some cases), find the link saying affiliate and click on it to
learn more about their internal affiliate program. When you know the products
you want to promote, this method makes more sense.
2. Join Affiliate Networks (Commission Junction, Impact Radius, etc):
Affiliate Networks are those platforms who have a lot of merchants and
affiliates both registered with them. I have personally had better success with
Affiliate Networks because their process is better than individual programs.
Within Network, it is easy to manage the affiliate program than have individual
affiliate accounts because in affiliate networks, all your payments are
consolidated according to different commissions from different merchants.
3. Apply to become an affiliate with companies (some have hidden programs):
Some companies have a hidden affiliate program which they do not reveal on
their website. But are open to new and qualified affiliates – because who does
not want an increased revenue in the end? In this case, just send them an email
inquiring about the affiliate program and if not in place, would they be
interested to have one in place with you. Opportunities are endless here.
4. Have a well known blog and let people reach out to you (my personal
method): Since DigitalDeepak has become a well known brand among Digital
Marketers, a lot of affiliate program owners reach out to me to ask if I can
promote their product on my website. This helps me select the right products
to promote as an affiliate and saves me time from reaching out to various other
websites. Again, this is also what I am planning to use for my SaaS product
company OptinChat. I am going to reach out to popular blogs and give them an
affiliate link to grow my revenues and share it with them.
There are a lot of networks available online these days but I suggest these
networks to be the best 5:
● Commission junction (CJ)
● Amazon Associates
● Impact Radius
● ClickBank
● ShareAsale
If you want an India-specific affiliate network, vCommision is a good affiliate
network.
There are a lot of affiliate networks that you can search on google and find.
When you have narrowed down your list of affiliate networks, go ahead and
sign up and complete the process of on-boarding with them including
payment info and basic details.
Once you get started, you will start seeing your affiliate commissions grow as
your audience starts making sales.
The first time I ever got an affiliate commission was through Commission
Junction in 2008 – and it was the first time I ever made money using the
internet. It was a cheque worth $25.
Now a days, these companies send you money directly to your bank account if
it is in India. There are a few technical documentations required to get paid in
your bank account.
You have to submit a form called W8 BEN Form (so that you can receive money
from US to your Indian bank account and comply with tax regulations. All this
you will be able to figure out once you sign up for these affiliate programs.
Some Inspiration
Passive income is the best. Every morning when you wake up, you want to see
how much you are making passively with just a little effort online.
I am not boasting but I am going to share my real screenshots with you to
actually show you the commissions I made using Affiliate in different affiliate
programs so that it inspires you to start earning your own commissions.
How I made $2,128 USD (1.37 Lakhs INR) in April from Commission
Junction (CJ)
I have been advertising a few products on CJ and the results have been really
decent. Just to add here, I really love CJ’s dashboard. I can just click on
Advertisers in the top navigation and get a list of products I am promoting.
Clicking on Links gives me a list of links I created and I can create more links
there. Anyway, this should be a part of another blog post where I tell you how
CJ functions for affiliate marketing.
For this chapter, let me just click on Reports and show you the numbers
As you can see, the payments issued to me for the last month was $2,128 which
has come to my bank account. Also, there is $3058.70 more as balance amount
which I will get in next settlement.
I am not really active on Amazon associates but I have definitely put some links
in a few blog posts here and there to earn a little amount from Amazon
associates (Amazon’s affiliate program).
As you can see in the screenshot, I have earned Rs. 899 last month from
Amazon associates India.
This is not really good but better than nothing at least. Back in 2010-2011, I
was earning close to $12K-13K from Amazon Associates Global as you can see
in the screenshot below:
So, you can see how there lies a huge potential in earning commissions from
affiliate programs – not just in India but globally.
Over Selling: Too much promotion is a bummer, it distracts and irritates your
audience. You should rather help people with useful products that is relevant to
them and let them buy as per their need.
Sugar Coating: Don’t sugar coat around the product too much – be genuine
about the products you are promoting. If your customer do not find the product
useful as described by you, you can lose your own audience. So, be aware of the
words you use.
Too many Products: A
void selling too many products – choose only those
products that will be relevant to your target audience. It takes time to set up a
regularly paying affiliate system for yourself but it is fruitful when started
small.
No Product Comparisons and Reviews: Make use of your promotion space by
including comparison between 2-3 other similar products also in your
reviews/promotions. Coming out with product reviews and comparisons and
updating them with time will make sense for your audience and will make
them buy more of those products from your affiliate link.
No Testing and Tracking of Links: Not testing the flow of your promotions is a
bad idea. You don’t want a broken flow. Also, never miss out on tracking your
affiliate links. It is easy to get separate affiliate links for different pages (or
different channels), this will help you in knowing which channel is working the
best for you.
Method 3: Start a Blog and Sell Products & Services
Selling ads on your blog is usually the first way to start making money for most
of the bloggers. This gives a belief that it is POSSIBLE to make money with
blogging.
But if you want to make a little more money for every visitor that visits your
blog, an affiliate program is going to fetch you more revenue than display ads.
Because you are getting paid when people actually buy a product after they
click on the link and not just when they click on the link.
Many affiliate programs pay as much as 50% on software and information
products that it can become a great revenue source for a blog.
But above all, the highest revenue from the visitors to your blog will come from
selling your own products and services to your audience. Your blog becomes a
marketing channel for your products and services.
The primary way my blog DigitalDeepak.com makes money is by selling
training programs to my blog’s visitors.
But you cannot sell information products without building a personal brand
first. Though your blog becomes a marketing channel to attract visitors to your
blog, your personal brand is what will turn visitors into subscribers and fans.
1. Building Your Personal Brand
For any student to learn from a trainer, he/she should first look up to the trainer.
And the students should know that a trainer exists.
If you are planning to become a trainer online, the first thing that you should work
on is your brand positioning. What do you want to be known as?
There are going to be many trainers in the market, and you need to differentiate
yourself.
I have positioned myself as a digital marketing and blogging expert and this has
been my focus for a long time. As I keep having the focus on this niche, it becomes
stronger over time.
● www.LearnBlogging.com
● www.LearnDigitalMarketing.com
● www.BloggingTools.com
● www.DigitalMarketingClub.com
Being an author of a book which has sold a good number of copies. And the book
should have good ratings. I’ve done that with one of my books on Amazon
Being a book author, being a public speaker, speaking at events done by other
brands, doing interviews with other experts in the same niche and so on will help
with the reach of the brand.
That’s why Facebook has a separate ad type for brand awareness. They also give
metrics for brand recall. Which takes us to the next point…
And the brand becomes a more familiar brand for people when the frequency is
higher. People will forget about the brand if it is shown to them once. Deeper brand
engagement with higher frequency is what makes a strong brand over time.
If you are reading this line right now, you have spent at least 5 minutes reading this
article to come up to this point. That’s deep brand engagement. And if you have
read 10 articles on my blog before this, then this is the 11th time you are reading…
that’s frequency.
My best customers are going to come from this segment. Many people have visited
my blog only once in the past 30 days and that’s OK. Not everyone will come back
for more content all the time.
When you are starting out the reach of the brand will be low.
But make sure that you have a higher engagement and frequency with your
audience even if it is just 1,000 subscribers or followers.
c. Brand Perception (Positioning and Authority)
The way your followers perceive your personal brand is very important for them to
become your students in the future.
Your followers should see you as a successful person and they would want that kind
of success for themselves. That’s when they will be motivated to become your
students.
If you are reading this right now, there is a good chance that you want to become a
successful blogger and trainer. Else why would you be reading from me right now?
And as discussed above, indicators of authority like being an author and a public
speaker gives a good brand perception among the audience.
Sharing your perspectives and what you believe also gives you a cult status as a
personal brand.
There are many trainers who have built a cult status within their market and they
have a strong tribe of people who follow them and learn from them.
Positioning also involves whether you can position yourself as a premium brand and
be perceived as the best in the market.
Now let’s look at the most important flowchart of this article… (click on the image
to expand it in a new tab)
That’s because, the whole point of creating a marketing funnel is to build a strong
brand with maximum reach, engagement, frequency and perception.
If I am being perceived as the best digital marketing trainer in India, I wouldn’t need
to do any marketing activity. I will just get sales, because I will become the go to
person.
Think about Google. They don’t need to advertise they are a search engine
anymore. Everyone knows them, and everyone knows that they are the best search
engine around. So now one uses any other search engine. Google doesn’t NEED
marketing at all.
That’s the goal of every brand… to build the brand using marketing, but to get to a
point where marketing is not needed.
But until you become a well known, well perceived brand, you need to do
marketing. And the way we can do it is what the above flowchart is about.
For a personal training brand like me, it might take forever to be perceived as the
best digital marketing trainer. So a Google like brand is just an ideal scenario and
not a practical scenario.
But it helps to think like that because that’s the direction we should be taking. And
eventually the trainer can become someone like Tony Robbins one day. Or maybe
not. But the path and the direction should be clear.
2. Lead Generation
A lead magnet converts a visitor into a subscriber by giving an ethical bribe. Here
are the lead magnets that can be used by people in the training industry:
● Webinar registrations
● eBooks
● Free Course delivered via Email
● Reports
● Quizzes
● Contest entries
All the above lead magnets quality a visitor into a potential buyer.
Traffic to these lead magnets can be driven via Facebook Ads, Google Ads and via
content on the blog.
The major way that I drive traffic to lead magnets is via Facebook Ads. I’ve spent
more than $55,000 on Facebook Ads until now and have generated 100s of
thousands of leads.
I also use an exit popup on my blog so that visitors to my blog come via the search
engines can have an opportunity to optin.
This exit popup is shown only to the people who are browsing my website on
desktop. In the most recent campaign, it has generated 1252 leads for me at 8.92%
conversion rate.
So for every 100 visitors to my blog on desktop, I am able to convert 9 people into
subscribers for my Free Digital marketing course (that’s the lead magnet).
If you have the email IDs, can you send a offer to purchase your training course to
these people directly? NO!
New subscribers do not know the trainer and there needs to be an opportunity to
build brand engagement and frequency. That’s where we get to the next point in
this chapter...
3. Nurturing:
Nurturing is the process where brand engagement and frequency happens. You, as
a trainer, shouldn’t ask for the sale in the beginning.
Instead, deliver free content and valuable stuff for your leads / subscribers for free.
That’s what I do with my subscribers for almost a month.
I add them to my drip marketing campaign, which delivers value via email over a
period of time.
I am using ActiveCampaign for my drip marketing and I deliver content via emails
over a period of time. The above screenshot shows one such automation that I have
setup with ActiveCampaign.
Generating leads and delivering content through email is the best method for
engagement. But I can also retarget my subscribers (or even visitors to the landing
page) with ads.
I can run campaigns on Facebook that is shown only to previous visitors and
subscribers. This also increases the engagement.
In this flowchart, you can see that nurture happens parallel via Ads and Email.
Once the nurture sequence is done, we have good engagement, frequency – which
leads to good brand perception and brand recall.
Now the subscribers are ready to convert into students of your online course.
But they will not convert as soon as you present the product to them. You need to
remove their objections that is preventing them from converting into a paid
student.
You can pitch your online training program to anyone who has expressed interest
in learning a specific topic.
I drive traffic to these pages using retargeting ads, but the ads are run only for the
people who have already engagement with my content.
If new people come to this page, it doesn’t convert well. It makes sense to send new
visitors to a lead magnet, nurture them, increase brand engagement, frequency and
perception and then present the product.
Apart from retargeting ads, the traffic is also driven via email. In fact, the email
sales sequence is the best converting channel for converting existing leads into
buyers.
The sales email sequence is triggered when someone clicks on the landing page
(which shows that they are interested) and doesn’t purchase immediately.
With such a sales sequence, prospects will convert into paying customers (in this
case, students of your course).
The sales sequence leads to the sale, and you can also upsell other products to the
same audience if they are ready for a higher commitment.
I’ve used this automated sales method to sell the blogging course to more than
3,000 customers and it has brought in more than 62 Lakhs+ in revenue.
And I am not even including the other courses that have been up-sold to the people
who have bought the 100-day blogging course.
5. Delivery
If you want to be a truly invisible trainer, then you have to setup the delivery of
your products. I collect payments using the Instamojo payment gateway and
connect it to my email marketing account using Zapier.
As soon as the purchase happens, the access to the online coaching is sent via
email.
And if you open a specific course, the lessons are laid out like this…
Every lesson can be marked as complete once the student finishes the lesson.
I use Teachable. Podia and Thinkific are also good alternative options for online
trainers.
6. Brand Advocacy
After the course delivery, and after a certain period of time where I am sure that
the student has consumed at least 30% of the course material, I ask for feedback.
Reviews from existing customers is very powerful for converting new customers
and it strengthens the brand image. Here’s where the brand perception is
improved!
Automate Everything
The only area where I might not be able to automate is support. I have a dedicated
member of the team working on support tickets and it is usually related to
payments and access.
Most of my courses are very affordable and self serve courses. At such price point, I
can’t give individual attention to each student’s questions. And students also
understand that because they know the pricing of the courses is very affordable.
Chapter 5: Conclusion
I hope this ebook helped you gain confidence to become an entrepreneur. Our first
goal is to reduce financial risk by saving money and doing a side project.
Once you start with a side project, your journey into entrepreneurship begins. Even
if you make ₹500 rupees from your blog, it will motivate you to work on the blog
more.
My first income from my blog was ₹500 for one hour of digital marketing
consultation for a startup.
But now my blog and my business makes more than ₹1 crore in revenue every year.
The most important thing for you to do is get started. Right now, even ₹30,000 per
month will look like a huge goal to be achieved. But once you get started and make
your first ₹1,000 from your blog, your confidence and excitement will go up.
If you want step by step guidance on how to create and grow a blog, check out my
100-day Blogging Course. In this course, you will get 100 video tutorials covering
various topics like how to setup a blog, how to market it and get traffic, how to
make revenue from the blog and so on.
I hope this ebook helps you think out of the box and start your side project as soon
as possible.