Modern Millionaires Review - 3 Steps To Starting An Online Leads Gen Business?
Covid has hurt many businesses and industries but some managed to flourish, especially the ones offering online products or services. And since we have both customers and businesses turning towards the Internet, we saw the Lead generation businesses growing in demand.
Did you know that you can generate a seven-figure income with a lead generation business? And you do not have to be an online marketing veteran to be able to achieve that. This is what the Modern Millionaires course is all about.
Who needs to sign up for The Modern Millionaires Course?
Lead generation agencies are mostly run by SEO and PPC specialists with years of experience under their belt. They prefer a lead generation business because it gives them a lot more control than working as a consultant.
Does that mean someone with little or no experience in online marketing cannot think of starting a lead gen business? The Modern Millionaires course tends to disagree.
It is aimed at people who do not know much about lead generation, lead nurturing, or setting up a business. You will learn the entire process, starting from niche selection to automation.
Lead flipping vs. Affiliate marketing:
It's not easy to make money with methods like affiliate marketing or blogging unless you are exceptionally good at SEO or content marketing.
It's a familiar story and it goes like this.
People start blogs or online stores thinking that soon they will be getting lots of visitors and sales from their website. Instead, they end up with a website that is part of that 90% of pages that get zero traffic from Google. Traffic generation methods like SEO or Social Media can take months in producing results while paid traffic is extremely expensive and the small profit margins in affiliate marketing or drop shipping do not allow for the paid ads.
This is why you need to think about starting a lead flipping business. Here's how:
Step 1 - Do your Homework
The first step involves a lot of research. You need to start by choosing a niche or vertical. You need to deal with businesses that will be able to pay you a good price for leads. At the same time, you do not want to get into a niche like insurance or mortgage because the CPC can be quite high for these keywords.
You will have to target a product or service that is in demand throughout the year.
The next step is to look for potential buyers. You must deal with businesses that can handle large volumes of leads.
All these things are covered in detail in the first module of The Modern Millionaires course. You will also learn how to set up a website for your agency
Step 2: generating traffic and converting them into leads
Once you have chosen the niche and set up your website or landing pages, it's now time to start sending target customers to your page.
The quickest method to get target customers on your website is using PPC platforms. Google and Facebook are usually the best choices but you can also use the ones like LinkedIn or Pinterest depending on your target audience.
The second and third modules of the course will teach you how to make the most of these PPC platforms.
This information is critical because you will learn how to work with the lowest possible CPC without compromising on the quality of the traffic. Your Cost per click or cost per acquisition will directly affect your profit margins so it all comes down to how good you are with PPC management. There's a complete section dedicated to lead nurturing because you will have to do some follow-ups before a visitor is converted into a lead.
Step 3 - Automation
You can set up and run a lead generation business from your home but setting up new PPC and remarketing campaigns, and selling these leads to businesses can take all of your time. There will be a time when you will not be able to further expand or take a leave because you are so involved in everything. This is why it is so important to automate your business after a certain point in time. The course will also teach how to hire and delegate most of your responsibilities to someone else. It allows you to spend your time growing into other verticals or a different business.
Lead generation can easily turn into a six-figure business. The best part is that it is easy to change your niche. This is because you are relying on paid traffic and you can simply target a different audience if something is not working for you. You will not get this flexibility in any other online business.
And that’s all that matters.
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