WOW 2 posts in 2 days!! This is pretty wild!
Well I thought I would do this quick update with you because if you read the post a few weeks ago you would have seen that I am building a solo ad business.
Now if you don’t know what a solo ad is let me give you a brief overview.
Solo Ad Business Overview
Basically people buy traffic to either test their offers or to make sales and build lists.
Solo ads are basically a way of you renting out your mailing list to people. So you can send an email out to your mailing list and charge people per click. Now prices range from $0.30 to anything upwards of $1.50 depending on the size and quality of the list.
A lot of people when they start out start with low prices to get a name for themselves in the industry and from there they can start to raise their prices.
Now that is pretty much it. You build a mailing list of people then you offer a number of clicks to people for whatever price you want. simple as that!
This really is the easiest business you can run online in my opinion!
All it takes is a little bit of work to build your list and then you just need to find people to sell your solo ads to!
If you can send out 100 clicks at $0.40 a click twice a day then you are clearly looking at $80 a day just for sending an email!
Now I know this isn’t break the bank money but with this list you can also promote affiliate offers and if you grow it even more which becomes easy once you are able to send 100 clicks then you can start offering larger click amounts and from there it just grows and grows!
So that is the overview.
How I am Building It For Free
Now I have been through a few training courses to learn the fundamentals of the business but it was one of the first things I learned when I started online. I just didn’t put it into action as I was focussed on other things.
Most of the courses you buy these days teach you to setup your funnel and then invest a couple of thousand dollars to build your list quickly and start selling the solos.
I have decided to buck the trend on this side of things and see how quickly I can build this business without paying for traffic!
I know this sounds mad as buying traffic is what everyone should be doing but I wanted to make myself a case study to show you that it can be done with an extremely limited budget.
So I built my funnel with a simple interview I did with Alex Jeffreys and then a book to go along with it.
There is an upsell page in there as well for people that want to learn more.
Now it is a very simple funnel once you have it setup.
Basically it goes, Opt in > Stop Page > redirect to someone else’s funnel that I am banking clicks with. (more about click banking shortly)
The first email that gets sent to the new subscriber asks them if they enjoyed the interview and if they want to learn more they can buy the upsell.
Click banking is where you make an agreement with someone that you will send them say 100 clicks over a period of time and they will do the same for you. It is very simple to setup and I usually have a number of click banking partners at any one time so when the time comes that they are all sent the agreed clicks I get them all back in return.
Some people just send you the clicks as you are sending them clicks and this works the same. Others wait until you have sent the agreed number and then return them in one big hit. Either way works for me!
So that is basically what I am doing with Solo Ads. I will keep this side of things updated on a weekly basis to let you know how I am getting on. Currently I am swapping clicks with people at around 20-30 clicks per email so I am a little way off being able to sell solo ads but this has all been built for free (apart from hosting/domain costs and my autoresponder).
With that said I am signing off for now to go and find some more click swapping and banking partners to keep this growing. If you want to learn how to do this then I suggest you head over to the facebook group by opting in here. I am an admin of the group but no special favours just because you read my blog You HAVE to fill out all of the information on the opt in form for me to accept you into the group!
Please leave a comment if you would like to learn more about this business. I will be updating you on it anyway but it would be great to hear your thoughts!