One of these methods is building backlinks, links that points back to your website from other websites.

While searching the Warrior Forum, I found a thread that directed me to this terrific link checking tool.

First Results

I typed two sites that I know of which are both under 1 year old.

The first time, I entered them directly from their website, SEOCentro.

The second time, I entered these sites from my post to see if it was working.

I have posted thumbnails of the results here on the right.

Second Results

You can click on any of them and scroll through the series.

You can view the screenshot in full by clicking on the thumbnails. I want you to notice the results for yourself.

You can see why now I said “Awesome at First Glance”.

As you can see, in the first result, My Bridal Makeup Artist had more links than iFormulaSuccess. 12 more, in fact, that is, according to the first result.

Then when I tested it again for the second time, the results changed.

iFormulaSuccess now had 304 more backlinks than My Bridal Makeup Artist which fell from 70 links to 3 links.

iFormulaSuccess

What happened?

That’s when I went to Yahoo’s Site Explorer to find out the truth.

As it turns out, Yahoo was dead on with the number of inbound links, 103.
However, My Bridal Makeup Artist was off the mark with 23 inbound links.

The Lesson?

It pays to double check from more than one source. While Google does have a way to check links, it is a known fact that Google will only display a small percentage of your backlinks.

My Bridal Makeup Artist

I will have to do further research into this because this is certainly a powerful tool to have.

I welcome your thoughts and comments here on this tool.   Feel free to try it out at Link Popularity Tool.

This is a simple math formula.

30 days / X numbers of visitors = # of visitors per day

How is this useful?

Depending on what you are trying to market online, you know you have to reach a set number of visitors in order to convert a percentage of them into sales.  For example,

• To break even, you need 5,000 customers.
• To convert 5% of your traffic to get 5,000 customers, you need 100,000 visitors.
• To get 100,000 visitors, you need 3,334 visitors per day.

Fairly simple, keep your formula simple.  Write it down on a piece of paper and put it on the wall in front of your screen so you can look at it every day.

No matter who you pick to show you how to make money online,

No matter what product or service you choose to market online,

In the end, you still need one thing to succeed.

The Target Visitor Who Will PAY You

There are two kinds of target visitors.

• The target visitor who will pay you one time only.
• The target visitor who will pay you more than once.

These are the people who want your solution to their problem.  These are the people with the money in their pocket ready to pay you.

More specifically, these are the people who know how to go online, enter in their problems in their favorite search engine, and either

• Click on the first result they see or
• Scan the first 10 to 20 results.

This is why every website is competing against each other.  These are your competition.  Your target visitor is not going to spend time looking beyond the first few pages of results that come up in their favorite search engine.

Massive Traffic is the Key

Find your target visitor by subtraction.  Massive traffic will bring attention to your site.

However, the key to continuing success beyond the first traffic is returning visitors.  To help you visualize how much traffic you will need to generate returning visitors, I have created a simple chart below.

• The first column represents how many visitors per month.
• The following columns represents how many visitors you will get each month if you convert them into returning visitors.

These numbers should give you a better idea of the amount of traffic you need to generate to find your target visitor who can be converted into a one time buyer or a returning buyer.

Add the Money

Look at it another way, add a $ next to each number and you will know how much you can earn if your buyers paid you $1.  Now think about Amazon and eBay, or better yet, here’s an embedded graph from Compete to help you visualize the last 6 month’s traffic.

Even at 1 cent per visitor, for every 10 million visitors, these sites would generate at least $100,000 a month.  And you can bet they earn more than just 1 cent per visitor.  Now, that’s what I call making money online.

For Those Who are Just Starting Out

If you hit the magic one million visitors per month within 90 days, contact me.  I want in on your formula.

Do not be discouraged by these numbers, in fact, take the opposite approach.  Use these numbers to fuel your desire.  In fact, when I created my first project for this website, Project High Speed, I had a goal in mind, to drive 3,000 people to my website.

Now that I can see these numbers, I realized 3,000 was not enough if I want my visitors to return.  That’s when I knew I needed to raise the bar.  This is a very competitive niche, how to make money online.  I am going up against some of the best in the business (those who have succeeded in sticking around a while), and thousands of others beginners like myself.

For Those Who Have Been Around

If you have been around a while, then you are either successful or still struggling to reach that “magic” number.  Either way, if you want to take it to the next level, you need to do the math.

Do Some Math for Yourself

• Decide how many visitors you want per month
• Decide how many visitors you want to return each month

Your returning visitors are important because they will cushion the bottom line for your business.  You hear about this all the time in the news, “so and so business has a customer retention rate of 84%” or something like that.  That is what the real world is about and that is what you need to apply to your website.

If you intend to make money online, aim high.

But first, figure out how many visitors you will need to succeed each month.

Don’t worry, this lesson is free.

One of the FREE reports that Lee hands out is Profit 13 Ways.

#1 Follow Up

Follow up with your contacts.  That is important, especially in building a long term relationship.  I have signed up with gurus, experts, and newbies to see what their approach are.  I have noticed some of them bombard me with emails every day and I unsubscribed.

However there are a few where they email me every few days to follow up to see how I am doing.  Every now and then, they will either sell or introduce me to more free information.   This is nice, not a pushy way to do business but to build a relationship.

#10 Communicate With a Blog

I have to agree with this.  It is not just me but even Welly stresses on building a relationship with your readers.  I am not going to go out and pound on every door each time until you let me in.  The Internet has allow me to build several ways for you to find me.

Once you arrive here at my blog and see what I have to say, you will either A) leave, B) bookmark or subscribe to this site, C) or sign up to my emailing list.

#13 Test and Track Everything

I love this statement.  Maybe it is the geek in me but I love to look at numbers and see what is working and what is not.  It is exactly how I acheived success with my Project Hot Spot

I only mentioned 3 ways here but if you are interested in reading about the other 10 ways, I encourage you to check out Lee’s report, Profit 13 Ways.  I will be implementing each of them in the future.

I was thinking today about how to make money online and you.

• You are the reader.
• You are the actual person who is reading this screen.
• You are the actual person who is looking for information about how to make money online.
• That’s your problem.

Your problem is my problem.

Here’s a terrific photo I love.

Visualize Your Online Income Stream

That bright shining light at the end of the streams certainly makes you curious about the life you will live once you achieve financial freedom.

What financial freedom means exactly, I do not know any more than you do because we all react in our own way when we realize we have money coming in that we do not have to work for.

• Some of you may go out and shop.
• Some of you may go out and travel.
• Some of you may stay home and remodel.
• Some of you may stay home and build more businesses.

See where all those streams are going?

See how all streams varies in width and depth of color?

They are all going one place, no matter how the stream is formed, no matter how much money that stream brings in, in the end, they all contribute to success.

That’s the point of my muse for today.

Build multiple streams of online income.

I admit I have been focused on one method and not so focused on a few other methods.  Only because I want to take 30 days to learn each aspect in turn.

The reason for this is because I would love to generate multiple streams of income by helping people online in specific ways that I know I can do within my capabilities.

I also have a Internet consulting business.  Very fancy word but it is what it is.

I do not have an Internet web design business.  That is for those who wants to develop websites because of their passion for building websites for you.

I do not have a SEM/SEO marketing business.  That is for those who wants to build your websites visibility in search engines because of their passion for apply what they do know about SEM/SEO for you.

I do not have a ghostwriting service business.  That is for those who wants to build your website’s content to convert visitors into readers because of their passion for what they do know about writing for you.

These kind of businesses are specialists.

They narrow down on the topic and provide a solution for you.  It is like one giant jigsaw puzzle.

Each part, no matter how they are formed, all have to fit together to succeed in providing your visitors with a complete solution.

However, I do have an Internet consulting business.

It allows me to look outside of my current environment and see how I can help other business owners succeed in building an online presence that can generate an income stream for their business.

I have clients who wants a website but needs a way to solve their problem without the solution taxing too much of their investments.

You might be a talented writer.  You can put that writing skill to work online, both as a freelance contractor and a specialist.  There are plenty of resources abound on the Internet for this.  I hope to interview a certain ghostwriter I know who has an excellent blog on writing and post it here soon.

During our discussion, it turns out he makes more money writing than developing websites which he also does on the side.  Two different ways to make money online.

Hopefully, if you have a problem with making money online, you will take a moment to leave a comment on my post, What’s Your Problem With Making Money Online?

I am very curious to hear from those of you who have run into a brick wall or leaped hundreds of hurdles to making money online.

Whether you are starting out for the first time or an old dog at this game, you need to create a system that will make money for you.  The best way to do this is to create projects.

The Project

The goals of your projects should be simple.

• Find out what works.
• Find out what does not work.

Obviously the goal of your project is to find out you will make money online or not.

If Your Project Does Not Work, Ditch It.

Give yourself 30 days to see if that project is for you or not.  Whether it is a free or something you have to pay for, you will either make money or not.  If you don’t make money and you know the project is not working, you have two choices.

• Continue the project
• Ditch it

This goes against the third princple of The Success Formula.  Be persistent.

However…

If you do notice a significant increase, the odds are good that you have something going for you.  The question is whether it is making you money or not.

• Did you break even?
• Did you make more than you spend?
• Did you spend more than you made?

Time is money.  Your time is your money.  Your project is your money.

Can You Do Better?

You need to find out what worked and what did not work.  If it did not work for you, you need to answer the question, can you do better?  If not, ditch it.

If you can do better, find out how you can improve on it.  If you can improve your formula, extend the project another 30 days and analyze the results.  If you end up spending more than you made in 60 days, ditch it.

If you end up breaking even, whether in 30 days or 60 days, then you know your formula is working but you need to do better because you want to make money.

Analyze the results and find out where you can trim your expenses with what is not working.  See what you can do better with what is working for you.

If you are making money, find out if you can improve your formula.  See if you can make more money.

This all goes back to the key principle all Internet marketers will tell you.

Test, test, AND TEST.

In a way, it is like playing baseball, three strikes and you are out.  Send your project up to the plate, find out what your project is capable of.  They will either foul out, strike out, walk, get a base hit, a double or a triple, or hit a home run.

Of course, you could always get beaned by the pitcher and an automatic free ride to first base.  (That is, if you don’t rush to kill the pitcher.)

But you still have to cross the home plate to call your project a success.

Since my blog is fairly new to the Internet, I have to build traffic and generate readership both in the short run and the long run.  The long run involves several projects that will take time to build.

However, in the short run, like Perry says in his ad, Double the Customers to Your Website in 30 Minutes or Less, I launched my next PPC campaign.

Project Specific Goals for PPC What’s Your Problem

Generate 10 comments on What’s Your Problem With Making Money Online?

Find out where my readers are coming from.

• Search Engine Placements
• Content Network

I am interested in learning how to target readers who have problems with making money online.

The quickest way to find out what your reader’s problem is to have your visitors leave a comment on your site.

You can read all about other people’s problem on other websites but that kind of defeats the purpose of building traffic to your website.

There is nothing wrong with other websites.  In fact, I encourage checking out other websites to gather research materials for your own project.

The purpose is to drive traffic to your website where you can present a solution that will help solve their problem.

I will write more about this campaign in the coming weeks.  Be sure to subscribe or bookmark this site to follow up on my PPC Campaign “What’s Your Problem?”

I will break it into three “messages” here for you.

Indicate You Can Drive A Lot Of Traffic

There are two ways to drive traffic, free (or organically) or pay for it.

This was the reason why I started this website, to share with you my knowledge about how to drive traffic by marketing a product or a service online.

The only way I could do this without preaching on a black board was to jump into the river and start paddling out to sea.  The very first thing I did before I even registered my domain name was to launch an AdWords campaign.

Paid Traffic

Now that my Project Hot Spot is now on Auto-Pilot with my AdWords campaign, I have to add a second stream of traffic to increase my referrals without paying for it.

Up to this point, I have managed to entice 22 visitors to CPA Hot Spot to sign up with a pretty damn good ad copy if I may say so myself.  Actually, I have two of them and they are both neck and neck in the clickthrough race.

Know What You Are Doing

You should be able to break it down to a plain math formula when you present yourself before the CPA network you are applying to.  For example, drive 50 percent of the traffic through PPC campaigns and 50 percent of the traffic organically.

Or if you rather, drive 80 percent of the traffic through PPC campaigns and 20 percent of the traffic organically.  It doesn’t matter, stick a number in there and prove you know what you are doing.

Do I Know What I Am Doing?

To date, only 18 have confirmed their subscription which is what really counts here.  You might think my conversion rate for Project Hot Spot which is roughly 26 percent or 26 out of 100 leads is pretty good.

However, I also know the confirmed subscriber rate is lower at around 21 percent, or 21 out of 100 leads.

Why is the confirmed rate important?

You don’t want ghosts in your system.  You want real live people in your system.  These are the people who will pay you, not inflate your numbers.

These are people you can reach out to to increase your revenues with.

Sell Yourself.

Not to the devil.  But to those who are willing to pay you for your knowledge.

That means I have to prove to the “CPA Networks” that I can sell my knowledge.  That means I have to prove to the CPA networks that I can sell you my knowledge.

Free Traffic

The easiest way to generate free traffic selling my knowledge is right here on iFormulaSuccess.

All I have to do is

1. Raise awareness about my website,
2. Provide my visitors with free information,
3. Direct them where to go for further information.

This is called “Putting yourself in your visitor’s clickstream.”

The Proof is in the Resume

Project Hot Spot was originally intended to be a 30 day project.  Since I smashed through the first 4 levels on CPA Hot Spot in 7 days, I decided to add more goals to the project.

As a result of adding the new goals, the project has been extended to 90 days so I can prove three things,

1. I can drive free traffic with my own website.
2. I can drive PPC traffic with a high CTR and a low CPC.
3. I can create a product to sell  on the subject of driving traffic to CPA Hot Spot.

The third objective is in the works for June.  The only way to gain that knowledge is to seek out the information.

That is why I started with the AdWords campaign and decided to continue it for a total of 90 days.   If you are interested in Internet marketing, you need to immerse yourself into every aspect of it.

Even if it is only to get a general feel of the process.  Your experience with that project will help shape the course of how you can make money online.

The goal of the project was to obtain more free information.  Gauher’s student contributed to CPA Hot Spot with their own free reports on “Prepop Power Profits” (Level 2), “Advanced Ninja PPC Tactics” (Level 3) and “The WordPress Project” (Level 4).

In order to do this, I had to do a Google AdWords campaign because I did not know 4 serious like-minded individuals who were interested in this information.  I knew they would be out there online but I had no referral base to work from.

I smashed through the target goal for Project Hot Spot in less than 7 days.

After that, I thought that was the end of the deal.  About a week later, Gauher launched his Pay Per Click Formula 2.0 home study course which is being offered for $1297.  I certainly wanted to get in on this deal but I did not have the funds available for it.

However…

Gauher added his home study course for free at Level 10 inside CPA Hot Spot.  All you have to do is generate 500 confirmed referrals through your link.  This gave me a few ideas to reach Level 10.

One idea was to post a challenge which I did here at CPA Throwdown.  Will that work?  Probably not but it was fun to write it.  I do have my tracking packages in place to see if it will work.

Another idea was to create my own ad banner and place it here on my website.  Will that work?  It might.  It already has generated a few clickthroughs but no conversions yet.

A third idea is to continue my PPC campaign but on a limited budget.  This is the snail mail express.  Now that I have found my highest performing keywords and ads which are converting roughly 25 percent of every lead I send, I have placed it on auto-pilot.

A fourth idea is currently in development, create a white paper or a free short report, explaining how I arrived at Level 4 in less than 7 days for less than $5.00 and what you can do to improve on my formula to arrive at Level 4 even faster.

Any other ideas or suggestions?