Given the opportunity to work less and earn more money is a dream worth pursuing. Most people join Network Marketing because they are pursuing the dream of financial independence and wealth. In this article, I’m going to discuss some of the best ways you can make money from home by earning a passive income with high ticket sales. It is simple to implement and will increase your overall earnings passively. Let’s get started, shall we?
Traditional MLM Opportunities Vs High Ticket Sales Opportunities
Usually, these programs cost anywhere from $30 – $300 to start up and require that your associates and customers continue to purchase products month after month in order for you to continue to receive a paycheck.
What most people don’t consider when they join these programs is the amount of effort, time and people it will take for them to earn a decent paycheck every month.
The reality is, that in order to earn a $10,000 + income with Network Marketing, you will need thousands of people in your downline. On top of this, you will constantly need to replace customers and associates because most people cancel their orders and don’t stick with the products for longer than 3 months.
Compare this scenario to high ticket programs such as Direct Sales.
It takes the same amount of effort to recruit a person into a high ticket opportunity as it does a $30 program. The only difference is that you will need fewer people in a high ticket type of business to earn a great income.
In fact, it takes more effort to sustain a network marketing type of business than it does a direct sales type of business.
Your income is dependent on your own efforts instead of depending on whether or not your down-line is working their businesses.
You may ask, how about the passive income? A direct sales type of business doesn’t give me a passive income.
- You can earn as much as you’d like with a direct sales business for a fraction of the effort it would take you to build a Network Marketing business.
- You will receive a big paycheck in one shot, versus working 3 – 5 years for that same paycheck.
- In order to maintain the ‘passive’ income in a Network Marketing business, you will still have to work it by maintaining the leadership requirements for the position you hold.
- In a direct sales business, you will know how many sales you will have to make to earn the income you desire and it doesn’t depend on anyone else outside of yourself.
- You won’t have to worry about fulfilling ‘requirements’, points, volume, etc…
- Your paycheck will not fluctuate month after a month unless you want it to.
- You won’t have to worry about auto shops and replacing customers.
- You can become wealthy in a matter of months instead of waiting years to achieve financial independence.
Let’s face it. We would all like to start enjoying our lives NOW versus having to wait for 3 – 5 years to start enjoying a prosperous life.
The truth is that if I handed you a check for $1000 right now for just ONE sale that you made, you would be very happy.
How would you feel if I handed you a check for $3 for the same sale you made?
I don’t know about you, but I’d much rather get years worth of income right now, all at once, and know that I can do it over and over again, rather than having to wait for 3 – 5 years to start receiving that same income.
Creating A High Ticket Passive Income
Many will make the mistake of wasting too much money on advertising when they should be focusing on their sales funnel. It all stems from the sales funnel. Without it, you won’t be able to grow your business.
Create an information product.
This is essentially a product which teaches people how to do something. It could even be an e-book that teaches people how to build a storage shed. You need a product to sell.
A Custom Capture Page
Make a custom lead capture page from which you can begin building a newsletter where you will sell your information product. This is the lifeblood of any business. You will be able to follow-up with your potential customers and close more sales.
Send targeted traffic or visitors to your capture page. This is by far the fastest way to build your mailing list. It’s also one of the quickest ways to get sales in your business because people will learn more from you over a period of time. This means that you can also send them broadcast messages and special discounts on the products you are selling online.
Now, there are lots of traffic sources that you can use to build your list. However, in order to more accurately target your audience, I suggest using just 3 methods. These traffic generations methods are Article marketing, Facebook ads, and Solo ads. These three methods helped me to build my business and create a stable income online.
I suggest that you choose the one that most fits your needs and master it. You have to be comfortable when you are driving traffic to your products. So just select one traffic-building method and stick to it until you see results!
Analyzing Your Results
After you have tested some different traffic sources you can choose whether or not they are all worth your time. I like to do all 3 methods as they have proven profitable. However, it’s up to you to decide for yourself.
You can get very well-known in the affiliate marketing community, simply by promoting high ticket items. The publicity you get can help you make more sales. This will eventually help you when you create your own product to sell.
If you are tired of having to make a living with small commissions, start out with some big-ticket items. You will be amazed to see how fast you can earn money with these products. As your income stream increases, you will be able to have more freedom, which we all want, isn’t it!