What is The Success Marketing Table Formula?
Are you pursuing internet marketing with the goal to create at least financial independence to multi-figure incomes ranging from 6 or 7 or 8 or 9 figures? I think you get the point. I was talking to a friend of mine yesterday and he asked me what I do for a living. I mentioned internet marketing and he made a comment about how he and his girlfriend tried online marketing a few years ago and failed. They had paid someone thousands of dollars to set up a web site to sell survival products such as survival tools, food storage, solar products, and camping equipment. It failed miserably. After asking him a few questions I realized that there are many issues which led to their failure.
First, they didn’t have an understanding of target marketing.
Second, they didn’t understand the amount of exposure and consistency needed in advertising to acquire actual sales.
Third, in order to create a realistic income of financial independence, they were short 3 legs of what I call “The Success Marketing Table Formula.”
There are many ways to create income online. Some are more effective than others. I think many internet marketers have heard of “residual income.” The vision as we step into the world of online marketing is usually signing up for an affiliate company as a distributor, receiving their marketing tools package, promoting their product, and thinking all the marketing tasks will eventually be set up on autopilot and the checks start rolling in. I’m sorry to be the messenger of bad news, but that is so far from reality.
There are 4 ways you MUST create an income in order to realistically become, as I stated earlier, “financially independent to create at least financial independence to multi-figure incomes ranging from 6 or 7 or 8 or 9 figures.” I call it “The Success Marketing Table Formula” because each category represents one leg of a four legged table. The graphic is easy to imagine when one leg is missing. All four create stability and a strong foundation:
1. Product Income
2. Residual Income
3. Leveraged Income
4. Leveraged Residual Income
Going back to my couple who set up a website to sell products, they started a possible income stream in one category, with nothing in the other three. If you are the CEO of one particular company, then this information probably does not pertain to you. This is for the “average”internet marketer pursuing and developing their business careers with the hope to leave their present “job” and succeed in an internet based business.
When I heard this information, I sat and down and analyzed my activities and income making pursuits in the world of internet marketing. I realized that I have my fingers in all four areas and I have created cash flow from each area. My point is if you are promoting one company that is one fourth of what you need to consider as part of your overall activity. It also depends upon how your company is structured. Vision the table. If you are short a couple of legs you may want to consider adding other promotions to your business. I will be happy to share what programs have been successful.
Success Marketing-Vision the Table.
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