The Business of Online Marketing

Create Monthly Revenue Stream

In this Chapter we will look at plans that will generate from $0 to $5000 a month in first three months of business. So it is possible to make quite a bit of money in this business because of the vast differences in clients and services.

However it really means that there's no one standard average that someone or a business could make. But I can share with you a few examples of how some different models and how you might start to think of what model you want to follow.

For example that you have a social media specific business you're just going to manage Facebook and Twitter and Pinterest and all of that for your clients. The average client you decide is going to be $200 a month.

So in order to get and then shows $10000 a month just as a happy number right now of book if you're going to scale this to be a million dollar a year or five million dollar a year you need to inflate these numbers.

But for starters we call it $10000 a month. So if you're if you want to read $10000 a month in revenue and you're charging 200 dollars a month per client obviously you need to get 50 clients that other equate to $120000 a year or you want to be specific and that you get some good people on board some good team members that have expertise in their craft.

You can charge if you're getting good results. You can charge a thousand dollars a month per client and in order to get to that $10000 month mark you need 10 client at a thousand dollars a month and that will get you to 120 K year.

Again this is starting off and this is based on your and only your ability to hustle and to sell the next will be the works. This is just barely short of actually working inside the building for your client. So you're charging $5000 a month and you're doing everything regarding their marketing and online marketing.

And you only need two than $5000 a month to get to that $120000 a year number. You're going to focus in on web site design. In this case you decide that a good healthy Web site costs for you is going to be $2500 per client and of book that you can go up from there or you can go down from that whatever you want with that $2500 a client that you're going to need for those for new clients or for new Web sites sales month.

And so you will reach again that number of 120000 a year 10000 a month. Typically in this industry defends and of book web site design is its own thing. ASIO's its own thing but typically in this industry at $500 a month per client is a great numbers kind of a golden number if you can get 20 clients on that five hundred dollars a month $10000 a month or $120000 a year.

Of book coming up will roll cover pricing and packages, and in a coming up chapters in the next section, and how big you want to scale your company. But I wanted to give you just some example numbers.

It all depends on your hustle the value and your services and your pricing scheme. Let's pretend we're at that magic number of $500 a month. You only get one client paying you five hundred dollars in your first month. Then in the second month you get three more clients paying you five hundred dollars a month. Then in your third month things are really rolling and you're starting to get some referrals even people know what you're doing.

You get six more clients all paying you five hundred dollars a month. Then you will have arrived. And that magic number of $5000 in your first 90 days. What that equates to is $60000 a year. Now this is gross revenue for your business but for most people that's enough to leave your job.

If you have a full time job now and you're looking at this as side household or something to do on the side until you get going. This is one of those things that is perfect for that. And you have to account for expenses and outsourcing costs and taxes and so forth.

But this income is usually enough for anyone to start thinking about making the switch to this being their full time gig. Again you're going to read this word a lot in this book but it all boils down to one word which is hustle.

Coming up chapters we will discuss about some of the benefits of owning this kind of business. I just want to make it really clear that to make this work it's going to take a lot of work. However with this book you won't ever have to know what's coming next.

In fact as you go to read each chapter you will know exactly what you need to do next. My hope is that after you complete this book, you will have your own fully functioning business.