5 Bucks a Day

As you may have noticed if you’ve been reading a while, sometimes it doesn’t take much to get me excited. Ever since the ah-ha moment when my 5 bucks a day strategy was conceived, each time I find something that can help possibly conceive another success story of that magnitude gets me all worked up.

The latest is the Instant Dime Sale Creator product that I picked up a couple weeks ago. What a dime sale is, in Internet marketing terms, is that the seller of a product determines the absolute lowest rock bottom price he’s willing to sell his product for, and sets up a sales page at that price.

He then increases the price (either manually or using an automated script) at regular intervals, until at some point the price becomes higher than most people are willing to pay. So in the beginning customers are getting an absolutely unbelievable bargain, after a while they’re getting a good deal, then a fair price, and then it’s overpriced.

A good dime sale script will give you the ability to set a maximum price, so that after a certain number of sales, the price stays the same and doesn’t discourage those that are willing to pay a fair price, while still giving bargains to early buyers.

Instant Dime Sale Creator (IDSC) has the typical dime sale features (price increment with each sale, and maximum price), plus much more. The extra features include easy PayPal payment button creation, the ability to have a .00 price increment (more on the beauty of that later), built in one time offer ability, built in affiliate program (you can pay your affiliates anywhere from 1 to 100% of the sales amount), statistics for your products and affiliate performance, and download protection (so that your product is protected from those that want to use your product without paying for it). And more.

OK, this is a dime sale script, so why would you want to not increase the price after every sale? Well, the thing is, IDSC makes it so easy to set up a sales page with a PayPal payment button, you’ll get spoiled, and want to use it on products where you just want to charge a specific price. So you can do that by having the initial price be what you want, and not increase it.

The other really huge thing about this script is that it allows you to set up as many dime sale campaigns as you want. It keeps track of them in a database. Other scripts make you install the software again each time you want to set up a new product. Not IDSC. The admin panel is ridiculously easy to use to add a new campaign.

When it comes down to it, the features of this dime sale script that are the most unique and valuable are that it includes a built in affiliate program, it allows you to set up unlimited campaigns, it makes it easy to have one time offers, and it protects your downloads.

And that’s where my “pretty well baked idea” comes in. I love ideas. I’m always brainstorming. I get tons and tons of half baked ideas, some of which I fall in love with for a couple days and then realize it’s not feasible or too much work. Some I carry through to completion or outsource, and some I just have no time for.

My idea is that I have tons of great products that I’ve purchased in the last year to give to Earn1KaDay.com members. I own resell rights to those products, and can sell them if I want to, but mostly I purchased them so that I could give them to members for free. There are thousands of dollars worth of downloads waiting for new members there and I’m adding to that every week.

Some of those great reports and software products allow my members to resell them on their own, but many of the best of the best don’t. So here’s my plan.

I’m going to set up a special site, or section of a site, for “dime sale bargains”. I’ll load it up with all the stuff that I’ve been accumulating. Now mind you, this isn’t junk that you see on eBay for .99, these are fresh reports and often very valuable products. Each customer will automatically be offered an opportunity to be an affiliate for my site. And each customer will be able to get on an email list for notification every time I add something new.

That way, three things happen. One, customers will get great bargains. Two, prior customers will be first in line to get the next great bargain before the price rises. Three, customers will have the ability to promote anything on the site and get commissions.

Right now, the only thing available is the dime sale script itself, at a great price. It will give you the ability to set up your own dime sales, your own affiliate program, your own one time offers, and do something similar to what I’m doing with your own products. You can learn more about it here: ==> Instant Dime Sale Creator

The price rises with every sale, so if you put it off, you’ll pay more later. This is a great product, you’ll love it and make money with it, I assure you.

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I’ve always been intrigued by the fact that a single idea, combined with action, can change a life. That’s what happened after I had the idea that I should write a short report about how I was able to finally succeed with affiliate marketing (as told in 5 Bucks a Day), it did completely change my life.

And that premise led to my decision to put together Earn1KaDay.com, whose sole purpose is to provide enough ideas (sometimes just half baked ones, in fact), that any member willing to take some action should be able to find something that could change his or her life.

And further, that’s why I purchased Instant Cash Generators, which spits out cash generating or cash saving ideas every two days or more frequently, when I saw that the former owner was running out of gas.

Yes, ideas are the lifeblood of the economy, and have been for a long long time. Ideas like the light bulb, the internal combustion engine, radio, television, the computer, cell phones, you name it, it started as an idea that a lot of people probably scoffed at.

Some will say that ideas are a dime a dozen. Sure, that could be true, if the person who has them doesn’t take action. But in the mind of the right person, ideas are potentially life changing for not just the possessor, but possibly for many others (family, friends, future employees, and certainly the customers).

That’s why when I read this email I received recently from one of the true Internet marketing gurus, I decided that it’s something I’d love to reprint for more people to see. It was written by Marlon Sanders, he has given me the right to reprint it, and I hope you enjoy it:

How To Create Money From Ideas In 7 Days
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
By Marlon Sanders

Seven.

It’s a perfect number, the Prime number.

It is said God created the heavens and the earth in 7 days.
The human brain remembers information in 7 digit chunks.
7 is a prime number, mersenne number, octahedral number,
heptagonal number, hexagonal pyramidal number and the
sum of the first 4 finonacci numbers = 1 + 1 + 2 + 3 = 7

There are 7 colors of the rainbow, 7 chakras and 7 classical
planets.

For other fascinating 7’s, see this site:
http://www.virtuescience.com/7.html

So what if you could create money in 7 days? Seven is obviously
a special number. It could be 7 days, 7 weeks or 7 months. That
choice is up to you.

I suggest you start with 7 days for your idea and set a goal of
7 weeks for the product launch to bring your idea into fruition.

So you are 7 days away from creating the idea for money and 7
weeks from transmuting the idea into reality.

Notice I used the word “create.” The famed copywriter Eugene
Schwartz would banter with me on that word. He preferred the
word “connect,” since connecting is an act of creation.

Create WHAT in 7 days?

An idea, of course.

“But Marlon. I thought you said I was gonna create the money I
need to make my car payment, throw some more money at my kid
in college or fund my dream vacation?”

“What’s this bit about creating IDEAS? I thought ideas were a
dime a dozen.”

If you’ve read my articles here for any length of time at all,
you know I read all the time. Reading is food for the brain and
thinking is exercise.

There is 1 difference between man and ape. The ability to read.
If you don’t use that ability, welcome to the jungle.

The book I’ve drank from recently is called Read, Fire, Aim by
Michael Masterson. Great book.

Michael believes that great products and promotions stem from a
“Big Idea.”

With Michael’s premise in mind, two weeks ago I wrote and promoted
my 21,139 target markets webinar. (It’s sold out but you can see
the sales letter here if you’re clueless what I’m talking about:
http://www.productdashboard.com/ninja/SecretSite.htm

Last weekend at the seminar in Dallas I attended, Keith Baxter
told me he thought it was my best sales letter in a long time.

From the feedback we’ve received on the webinar and videos, the
product hit the sweet spot with you guys and gals also.

So back to you and the act of creating money.

If money is an idea, then you need a Big Idea. Ideas are everywhere.
All you have to do is open up your mind.

What you’re gonna do in the next 7 days is just look for an idea
that:

1. Sparks the imagination.
2. That excites.
3. That is unique.
4. That gets a specific.

Where do you look for ideas? Go to the bookstore and just start
thumbing through ANY magazine that grabs your interest, regardless
of the topic.

Talk to people. Observe. Get out of the house.

It’s true that common ideas are a dime a dozen. But uncommon ideas
that have that bit of uniqueness or excitement to them aren’t common.

You’ll recognize your good idea when you find it because you’ll get
excited about it.

Now, once you get your good idea or ideas, you apply the direct
response marketing training you’re hopefully getting from me.

You target your market using my Push Button Target Market system
from two weeks ago. You create a product using Product Dashboard.
You create your sales letter using Push Button Letters. You design
your web site and name capture using Design Dashboard. You get
traffic using the Affiliate Dashboard.

Are you starting to see a picture and a pattern here?

You need a market. You need a product. You need traffic.

But most of all, you need great IDEAS. Ideas are the FUN part of this
business. All the other things are skills you learn. Ultimately, you’ll
hire out some or all of them.

The fun part of this business is creating ideas. This is the most
fundamental act of creation.

It takes 7 days to get a good idea and 7 weeks to bring it into fruition
once you’ve mastered Product Dashboard, Design Dashboard, Affiliate
Dashboard and Push Button Letters.

Now, you can actually bring the whole idea soup to nuts to life in 7
weeks once you’ve got your affiliate program up and running, know
how to write sales letters and so forth.

Your first few times out of the gate, it’ll take you longer.

The fly in this ointment is the sales letter. You have to SELL your
idea. Most people have no clue HOW to do that. The real secret of
transmuting ideas into money is learning to create great sales letters
that articulate your great idea.

But that’s a topic for another day. You need an affiliate program. You
need traffic. You need to create products. But to get people to buy
‘em, you need the sales letter.

Listen: A lot of you newbies and even experienced people are getting
snowballed and confused by all the marketing models out there. It
ain’t that complicated folks.

1. Get people to you web site
2. Smack ‘em with that KSL (Killer Sales Letter)
3. Follow up with emails

A lot of people are jumping on every bright, shiny course that comes
down the pike. That’s all good. Just keep your FOCUS on the basics.

Before you focus on the triple whammy ding dongle new methods
when you don’t have a target market, don’t have a product and don’t
have a killer sales letter?

Why do people do that? Because they get BORED with the same old
ideas and want new, exciting ideas. Which is what I’m telling YOU to do!

Create hot, fresh, exciting new ideas.

But in terms of your own personal learning, keep it simple. Start with the basics: A target market (there are 23,139 of ‘em). Create your product. Get your web site and sales letter up. Get traffic.

Then, after you’ve done THOSE basics, you can layer on more advanced methods.

I’m NOT saying don’t learn about more advanced stuff. All I’m saying is to keep your focus on doing the basics.

You’ve got 7 days to get out there and hunt down an exciting, specific,
intriguing idea.

If this article intrigued or helped you in some way, report back to me on my blog: http://www.marlonsnews.com

Marlon Sanders

———————————————————–
Marlon Sanders is the author of “The Info Product Dashboard.”
If you want to create your own info products, go to:

Info Products — How To Create Your Own Info Products

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Years ago, getting a good return on your savings wasn’t difficult.  I remember double digit yields on money market funds that were totally safe.

Now if you keep your money in a passbook savings account, or have a low balance, you’re probably looking at maybe 1%.  Ugh.

OK, let’s put this into perspective.  5 bucks a day is $1825 a year.  If you want to make 5 bucks a day from simple interest, at 1% return, you need to sock away $182,500.  I don’t know about you, but if I had that kind of money to invest, I sure wouldn’t keep it earning 1%.

But anything else is risky, right?  The stock market is certainly fluctuating.  The real estate market is in shambles.  What’s a person to do?

Well, if you’re not afraid of a little risk (very little), there’s Prosper.  It’s a person to person lending network.  In other words people like you and me can play banker.  Well, not totally to the point that we have to be regulated by the feds, but sort of.

For more information, and my personal review, go here: ==> Prosper

You could certainly expect to earn near 10% interest lending to other people instead of 1% lending to your bank.  There’s a little more risk, of course, but there’s ways to eliminate most of that, as you’ll see in the review I posted in the link above.

And if you’re not in a position to lend money to others, obviously a lender needs borrowers, so yes, Prosper also allows you to borrow money.  For every borrower there are a bunch of lenders, actually, as you’ll see in the review.  Since the lenders don’t have those huge buildings with all sorts of employees and big lobbies, it’s cheaper to borrow money, and more attractive to lend money.

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Internet marketing is becoming more and more of a challenge every day.

Recently there have been reports of major player’s PayPal accounts being locked, some with considerable funds frozen, and the owners can’t get at his or her money. Reasons vary.

There have been reports of Google AdSense accounts being terminated for reasons that were subjective.

There have been reports of affiliate accounts terminated due to alleged violations of terms of service, or due to merchants just running out of money before paying for what they contracted to pay.

There are the so called Google Slaps, where AdWords advertisers find their ads slapped with high minimum bids to activate previously profitable keywords.

There have been reports of web hosts shutting down domains for various reasons, and domain registrars holding domain names hostage.

In all these cases, it’s usually a case of guilty until proven innocent, and even then it’s often impossible to appeal.

What’s an Internet marketer to do, dodging the mine fields of all these hazards?

The only advice that’s worth giving is to be fully aware of the terms of service of all the different providers of services that you’re subscribing to. Don’t assume that you’ll get away with going above and beyond the letter of the TOS, and don’t assume that if someone else is doing it, you can.

If others can spam and survive, don’t assume your web host will allow it.

If others can use black hat techniques and make a bundle of money on Craigslist or with AdSense, don’t assume you can.

If others can promote multi level marketing schemes and accept payments with PayPal, don’t assume you can get away with it.

Don’t assume that just because you’re making money hand over fist because you have first page positions in the search engines that you’re entitled to those positions forever.

Don’t assume that even if you’re doing everything by the books, that you’ll still escape scrutiny if you’re utilizing resources that you don’t own.

Also don’t assume that if you do get slapped by any of your service providers, you can plead ignorance of the law, throw yourself on the mercy of the court, say you’ll never do it again, and get reinstated.

In this business, make sure you don’t build your business on a bed of sand. The tide will go out, the tide will come in. Things will change. Make sure you’re diversified. To carry on the analogy, if you have a house build on sand, make sure you have a 2nd home away from shore on a firmer foundation.

There may be little competition on the beach. Good for you. Take advantage of it. But remember there may be little competition for a reason.

Having more than one income stream is essential. Having a dozen is recommended. Work towards that goal. What dozen? You decide, there are certainly plenty of options out there using Internet marketing tactics.

What would happen if you lost one income stream if you have a dozen? You’d probably be annoyed, and you’d survive. What would happen if you lost one income stream, and you only had one? I’ll leave that to you to answer.

At Earn1KaDay.com and Instant Cash Generators, we attempt to provide many different ideas for you to work with. Yes, I teach focus, so I don’t advise you to try a dozen things at once. But I do advise that you build different income streams, one at a time, and this time next year you’ll have a solid foundation that allows you to sleep at night.

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I just found Qassia, which looks really cool.  It’s sort of an article directory, but not.  It actually specializes in what they call “intel” or web intelligence.  You can submit original snippets of information, it doesn’t have to be full articles.

The fun thing is you get Qassia dollars in credits for each intel that you rate, each intel that you submit, and each referral, so the more you contribute to the community, the higher you rank.  You can spend your dollars on site rankings.

Check it out, it’s easy to join, and I think you’ll be hearing a lot about it in the near future. ==> Qassia

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One of our Earn1KaDay.com members, John Rogers, has written a really good report called “Middle School Marketing” which he asked me to take a look at, so I did that today.

When I first saw the title, I assumed it would be something about marketing to middle school students, but I quickly figured out that it’s a takeoff on “Bum Marketing” where Travis says he can take a bum off the street, and have them making money in a short amount of time.

John uses the catch that he can teach anyone with an 8th grade education, a C average in English, and a basic set of tools (like a computer and internet access) and they can write reports for quick cash. John gives an example of a quick report he did that took 6 hours and netted the equivalent of $75 an hour in a short period of time.

The report is very good, he goes through a case study about bowling instruction, how he found the niche, how he found the content, how he put it together, how to market it. He introduces the reader to all the tools necessary, like a word processor (free if necessary), an ability to produce a PDF (free if you don’t have something else), an autoresponder, accounts with places like Craigslist and U.S. Free Ads, that kind of thing.

For more information: ==> Middle School Marketing

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