Every industry has a standardized set of tools.

 

11 Components Every Online Business Need

1. Traffic
2. Lead Magnet
3. Lead Capture Pages
4. Autoresponder
5. Marketing Messages
6. Frontend Product
7. Continuity Product
8. Back End Product
9. Money/Time
10. Website/Blog
11. Social Media

 

??Traffic turns into the leads that convert into prospects and customers.

Lead Magnet - something of value offered in exchange for contact information. How traffic converts to leads.

Lead Capture Page - webpage where traffic is sent to enter contact information. Where traffic converts to leads

Autoresponder - software that collects and distributes information.

Marketing Messages ? generally educational information, sales copy.

Front End Product - low cost (under $50), high value product whose purpose is to draw out the buyers on your list and offset your marketing expenses.

Continuity Product - product that offers a reoccurring revenue stream.

Back End Product ? high-end product where you make your money.

Time/Money - to make money it takes an investment of time, money or both.

Website / Blog - this is your piece of real estate on the internet where potential customers come to convert into customers, become fans and buy other product.

Social Media - lead generation, resolutions, information