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5 Steps For A Six-Figure Month

I claim that I will share my experiences with you, so here you go.

Here’s a step-by-step guide on how you can build campaigns to gross well over $100,000 in a single month.

1. Find a Hot Trend

There are typically two ways to go about promotion. The first way, and bound to fail in my opinion, is to pick a product/service and find a market for it. The other way, that I generally succeed with, is to pick a market, and tailor a product/service to their needs. This way it is certain that there is a need for what you will provide. Find a market and responded to their needs. There will be plenty of desire. Fill that void, and the customers usually respond well.

If you find a hot trend and there is no obvious product or service to mirror it, you have a few options:

  • Build it – Simple yet difficult. This takes work, but if you do it right, you will be rewarded. A product could be as simple as an eBook and a service could be something like an informational site or a blog.
  • Find it – Search for an affiliate program that can match this trend. CPA networks are generally quick to adapt to hot trends, so you may want to start your search there.
  • Move on – Some people may disagree, but there are times when you should just move on. There are certain demographics that just aren’t very profitable. If that’s the case, keep your eyes open for the next opportunity.

The other great aspect about finding hot trends is that they can be extremely local. While such a localized market might not bring the volume, you could build something extremely targeted and reap massive margins.

Also, I don’t sit and refresh the ‘hot trends’ on Yahoo or Google. The main way I identify hot trends: Ask people. If people are talking about it, it’s probably pretty popular.

2. Make Sure Traffic Is Targeted

To begin, I make certain that my traffic is very targeted. I start by using the most obvious demographics for a campaign. In most cases, demographic assumptions hold true.

Here is exactly what I do to make sure my traffic is targeted.

Common Sense – Think about your exact target market. Think about who would be interested in the product or service you are marketing. More often than not, your first impression will be correct, but there are a few other tools you can use to assist you.

Quantcast – This tool is great to provide rough figures for you. The market below is young females. Try starting with that market first, since it is obviously very targeted. Some people knock the integrity of this tool, but I definitely use it to double check if I am on the right track.

Inside the Quantcast tool, there is also the ability to view sites that your market might also visit. Using this information, you can further research your market and then use this information in steps 3 and 4.

Some other tools you should definitely use are:

Some campaigns may not require such in-depth research, but the more tools you have on the belt, the better off you will be in the long-run.

Use Targeted Keywords – Some campaigns work better on pay-per-click than they do on social media. I have always been more successful starting with a ‘good’ keyword list (or making sure my campaigns were targeted) than going wide to start. Build a solid list first, then worry about expanding.

Use Keywords on Facebook Campaigns – More than 75% of the volume on these campaigns came from ads using keywords. Talk about targeted traffic, right?

3. Utilize Multiple Traffic Sources

Most people pick one traffic source, and work to build a profitable campaign. When that happens, they either become satisfied with the results, or are unsure of where to expand. Think about where else you can hit the same demographic. If you find an offer that works well on Facebook, expand to MySpace. Building a profitable campaign to a variety of traffic sources often pays off.

Think you hit on every traffic source? Doubtful. Check out this list of traffic sources. Talk about tapping into fresh traffic sources!

While tapping into fresh traffic sources, you might have to change your marketing tactics slightly. For example, some campaigns may profit by simply duplicating existing ads/keywords to fresh traffic sources. However, it’s not uncommon for existing promotional methods to fail on a new source. The key is to make necessary changes. Doing so, I have been able to pull margins as high as 500% on some of those exact traffic sources in that list.

4. Expand However Possible

What non-laser targeted traffic would also respond to the campaign? If you originally think that only women will respond to your campaign, try men. You might be VERY surprised at the results. If you think your market is 18-25, try 40-55. Again, you might be very surprised. This expansion is made much easier when you build a super targeted (see #3) campaign to start and hit insane ROI to have a little breathing room to invest.

Expansion is made easy if you take a look at #2 again. Using Quantcast, you can identify other websites or products that your existing market might also be interested in. Use that information to your advantage. Also, if you are building a PPC campaign and raking in profit because you built something very targeted, expand a little. People who are trying to lose weight might also be interested in personal development or other personal care products.

Keeping that in mind, widen your Facebook targeting options as well. Either expand to additional, related keywords, or remove keyword targeting all together.

By spreading the age targeting and adding related keywords, the volume should start to pour in. Margins will probably drop slightly, but when you build a campaign that is pulling over 500% to start, a slight hit on margins is fine with me if it means significant volume increases.

5. Work Hard

Consistently monitor your campaigns and build them out. By testing new ways to market to your customers, you should always have something fresh on every traffic source. Volume causes blindness, so providing your market with something fresh keeps your margins high.

I just read an article by Derek Jeter about hard work. He was praised for sprinting to first base on a grounder to the second baseman in the 7th inning of a game when his team was trailing by 3-4 runs. When asked about this situation, Jeter said something along the lines of “I just work hard. Hustle does not take any skill. Every player can hustle out there.”

The same principles apply to working online. It doesn’t really take skill to sit down and plug away on the computer. The skill comes in on steps 1-4 on this article, but step 5 is something anybody can do.

Summary

That’s really all you need to do. If you were expecting more, sorry, but those are the exact steps. Really, if you can respond to trends and work hard, the other principles (2-4) fall into place. Thinking about how you can grow a campaign at all times definitely helps, as does researching using methods that you may not have thought to use.

Now you might be saying: “This is bogus, this is only possible under perfectly ideal conditions.” Pairing up a product with a market, and riding a hot trend is nothing new. The ability to hit this from a unique angle, and/or be the first to tap the market is what creates true success if you ask me.

Also, it’s not always about being the first to see or build on an opportunity. By simply working harder and continuously testing different angles until something fits perfectly (or close to it) with the market, you will almost always be able to move beyond and stay ahead of the pack.

There is no substitute for hard work.

{ 42 comments… read them below or add one }

Garrett March 27, 2010 at 7:32 am

I approve of this post

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Jeremy March 27, 2010 at 11:08 am

Thanks Garrett. There’s plenty more to come!

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AffiliatePaying March 27, 2010 at 12:10 pm

I learned so much for this post. Thanks for sharing Jeremy!

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Jeremy March 27, 2010 at 1:36 pm

Not a problem! I hope to be able to share much more in the future!

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Garrett March 27, 2010 at 7:08 pm

Nice to know there is more coming – All the Aff Marketing blogs have gone into the toilet again it seems. Great post man

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Jeremy March 27, 2010 at 8:12 pm

Yeah, I noticed that as well.

I plan to write content that I would personally like to read (or liked to have read when I started), and much if it is extremely helpful and will make marketers more money if they take action.

Thanks again for your kind words Garrett!

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Andrew March 28, 2010 at 3:13 pm

Wow, I can definitely see the potential of this blog so I went ahead and subscribed and bookmarked :)

Thanks!

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Jeremy March 28, 2010 at 3:54 pm

Thanks Andrew! I’m actually working on the next post right now.

Thank you for subscribing and bookmarking, I’m glad that I have followers after only writing a few posts, I really appreciate the support.

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Enoch Fung March 28, 2010 at 5:20 pm

This is interesting but I’m curious to know – how did you *start*? I mean, not everyone will have the funds to fill a need in the target market. I know you can rely on affiliates but that just defeats the purpose of the individual doing the “filling.” Also, I was just wondering if you could provide an actual working example – probably not something you will share but hey, at least I asked!

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Jeremy March 28, 2010 at 6:10 pm

What do you mean about how did I start? Where there is a market, there is money to be made, you don’t have to take the entire pie, sometimes a slice of pie is worth PLENTY of money.

A working example would be something like filing taxes (especially now).

It’s a matter of targeting it the right way and going at it uniquely that will set you apart!

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tom March 30, 2010 at 11:58 am

Thanks for the motivation. Hard work pays off, if it doesn’t you need to do it again

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Jeremy March 30, 2010 at 12:01 pm

No problem Tom. And yes, hard work definitely pays off. Thanks for stopping by!

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Chris March 30, 2010 at 2:01 pm

“The main way I identify hot trends: Ask people. If people are talking about it, it’s probably pretty popular”

Best piece of advice that I can use from this, all in all it’s a great article, Cheers

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Jeremy March 30, 2010 at 2:37 pm

Thanks Chris! I’m really excited that people are reading and enjoying my content. Glad I could help :-)

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Enoch Fung March 31, 2010 at 1:17 am

Well, by “start” I’m wondering did you go out and sell the product (door to door), online with the product and a PayPal button… I guess how did you “market” it would be a better word to use.

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Jeremy March 31, 2010 at 1:37 am

The majority of this was lead based, so I didn’t technically sell anything. It was done using social traffic and PPC.

The concept was that the customers wanted/needed something, and I filled their void.

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PPC Icon March 31, 2010 at 12:04 pm

A good down to earth post packed full of good advice, thanks! I’m thinking Digg and Reddit could be good sites to see what people are talking about.

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Jeremy March 31, 2010 at 1:30 pm

Thanks! I agree, Digg and Reddit are great to see what’s going on.

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Moon Hussain April 6, 2010 at 4:09 pm

Jeremy,

Awesome post, definitely deserving of a RT. I will be going through this again and extracting the valuable information.

I’ll probably contact you with any questions I have at that point.

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Jeremy April 6, 2010 at 4:35 pm

Glad I could help Moon!

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Ryan April 9, 2010 at 10:05 am

Jeremy,

Thanks for sharing your insight. Those are some heady numbers. All the best!

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Jeremy April 9, 2010 at 12:21 pm

Not a problem Ryan. I’m glad to help!

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kevin April 18, 2010 at 2:36 pm

Good info. It reminds me when people starting using horse mane shampoo on their own hair.

A guy I’m familiar with some the trend coming and cleaned up… funny thing is the trend didn’t last for long.

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Jeremy April 18, 2010 at 5:40 pm

That’s awesome! Yeah, some trends are very short lived, need to capture it as quickly as possible.

Thanks for stopping by.

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Chris Guthrie April 19, 2010 at 4:33 pm

So how much of the 125k revenue was profit though?

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Jeremy April 19, 2010 at 6:21 pm

ROI was over 25% – Would have been 100%+ (with lower revenues) but I ran into this problem: How Being Greedy Can Cost You Thousands of Dollars

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Ian Mason May 26, 2010 at 7:51 pm

badass post… really renewed my faith that I can still do something with paid traffic.. I’ve been stuck in my SEO world a long time.

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Jeremy May 26, 2010 at 9:43 pm

Thanks Ian! Paid traffic is definitely great, very lucrative if you play your cards right!

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Harshad May 28, 2010 at 4:37 am

Good post. I agree with common sense all the time. Most of the people read lot of stuff on forums and ebooks and then tend to ignore the most common things. Information overload is always dangerous! Stick to basics, apply your own thoughts and you will succeed.

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Jeremy May 28, 2010 at 11:13 am

There are definitely technical aspects that need to be taken into account, but from my experience, people are often over-thinking and over-analyzing too much. Just get to it and start working!

Thanks for the comment. :)

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Wilson July 18, 2010 at 2:35 pm

I just ran into you at smartpassiveincome and I am impressed with this post, it caught my attention immediately.

Thanks for sharing this, I think it will help me a lot.

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Jeremy July 18, 2010 at 3:53 pm

Great Wilson, I hope you can learn something here! Thanks for the comment.

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VIctor August 14, 2010 at 10:02 am

That’s impressive. I have one question that pop ups in my mind now …

Is this ( $125, 000) Pure income or not?

I mean how much you have paid for such a profit ?

Great Info though

Victor

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Jeremy August 21, 2010 at 10:35 pm

$125k was gross and the profit margins were rather slim (under 50%). I’m glad you liked the post!

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Yvonne September 24, 2010 at 3:09 pm

Just found this in one forum,great post,I just went through some of your posts,and all are with very high quality,no hype,i will add to my favorite .Thanks for share so useful information.

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Jeremy September 25, 2010 at 1:16 am

Not a problem Yvonne. I am glad you can gain something from them!

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Adam October 17, 2010 at 1:47 am

For me the more interesting part right now, is what happened next? How and why did the campaign die?

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Jeremy October 17, 2010 at 12:03 pm

Adam, I started working on another project and put it on the back-burner. I figured it would be at least mildly helpful to share the information I did gather.

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Adam October 17, 2010 at 12:10 pm

That’s awesome, Jeremy.

The info is definitely valuable.

I had a few lucky campaigns die on me lately, which is why I’m really debating lately whats the smarter move – scale something while its hot, or be happy with it and move on to make sure I’m stable (i.e. diversifying income sources).

Did you totally pause it? Does that mean the new campaign was aiming even higher?

Or did you leave it on, making some money on auto pilot while working on the next big thing? I hope you don’t mind me asking of course.

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Jeremy October 17, 2010 at 6:55 pm

No I paused it. CTRs started to decline and click costs were relatively high for that demo.

Like I said, I made sure the ads were VERY clean to get approved so I could run the study, so I didn’t expect them to perform like all-stars.

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Adam October 18, 2010 at 12:44 am

Awesome. Thanks, Jeremy!

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Jeremy October 18, 2010 at 8:04 am

You’re welcome Adam. Good luck!

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