How To Make 1 Million Dollars

Would you like to know how to make 1 million dollars? There are at least 1 million ways to make 1 million dollars. But you will need to devise an action plan to make it a reality, and to implement that action plan will require some effort, possibly beyond your comfort zone. Let's break it down into numbers, so as to put the numbers and the effort into perspective:

You can make 1 million dollars ($1,000,000.00) by selling a million copies of something electronically on the Internet for a net profit of $1 a piece. If the cost to produce, license, or reproduce that product is zero, such as an e-book or an affiliate commission, then all you have to do is focus on mass-marketing your product to a wide enough audience so that you can find a million people to sell your product or service to. If your conversion rate is 1%) that means that your website would need to receive one hundred million clicks (100,000,000), out of which if 1% of them were to result in sales, you would make 1 million dollars that way. But what if your click through ratio was itself 1%? That means that your website would need to receive ten billion page views, out of which 1% would have to result in clicks, which is 100 million clicks. Out of those 100 clicks, 1 million people will buy your product at $1 a piece.

Now that sounds all well and good on paper, but generating that type of traffic would be an immense effort. Even if you were to aim for ten billion pages views spread over ten years, that is still one billion page views per year, or 83 thousand page views per month, or over 2.7 million page views per day. Only the big guys, like Google or Yahoo could achieve, let alone sustain, that magnitude of traffic.

Perhaps you could then adjust the price of your product to $100 net profit per sale. With the same conversion ratios, it would look like this: To make 1 million dollars net profit at $100 per sale, you would have to make 10,000 sales. At a 1% conversion rate, that means that your site would need 1 million clicks, which would be 1% of 100 million page views. If you wanted to make your 1 million dollars over 10 years, then you could afford to have 10 million page views per year, or 833 thousand page views per month, which is about 27 thousand page views per day. That is a little bit more doable, but still requires a lot of heavily targeted traffic to get in front of that many viewers.

Those click-through rates and conversion rates of 1% each are extremely conservative. If you have a high-demand product that people are hungry for, and you are able to target your advertising effectively, perhaps you could get as high as a 20% click through rate and a 2% conversion rate. Let's see how those numbers work, at a $100 per sale.

$100 per sale to make a $1 million dollars is 10,000 sales. At a 2% conversion rate, that means you would need to receive 500,000 clicks. At a 20% click through rate, you would only need 2.5 million page views. Spread out over 10 years, that is 250 thousand page views per year, or 20,833 page views per month, which comes out to about 694 (let's say 700) views per day.

Phew! That sounds much easier! If you can find advertise a product such that you can get 20 out of every 100 people to view your advertisement to click through to view your product page, then 2 of those 2 people should end up buying it. If you can get 10,000 people to buy your product at this rate, you will surely make 1 million dollars.

Can this be done. Absolutely. People are doing it all the time on the Internet. Is it easy? No. It requires a great deal of patience, perseverance, trial-and-error, and fine-tuning of your Internet advertising campaigns to make this happen. Will you make 1 million dollars instantly? Not likely, unless you are starting with a substantial amount of seed money. Can you make 1 million dollars starting with zero money, if you are flat broke?

Absolutely yes! You can spend a couple of hours a day at your local library using their Internet computers for free, and start making serious money. Once you start making some serious profit, you can reinvest those profits to accelerate your efforts to reach your goal of making 1 million dollars.

To get started on your action plan for making money, visit http://12-month-internet-millionaire.info

By Hyder Khan

Simple Internet Marketing Home Business Tips

In this article we are going to look at several internet marketing home business tips. These are 6 simple things you should be doing to make your life a little easier as well as more profitable.

1. Information sells. The number one thing people use the internet for is to send and receive email. The next thing they do is surf looking for information. Understand that people buy on emotion. They may have some pain you can help them get rid off with just the right information product at the right time.

2. Selling information products is good because they are cheap to produce and you can provide instant access. There is no shipping involved if you sell information on the internet because you have no physical product. You get paid right away and then send your customer to a download page where they get their product.

3. Capture contact information. The fortune in sales has always been on the follow up. The internet is no different. The person who rules the list rules the money. It has been estimated that you will earn $1 every month for every name in your mailing list.Promote a landing page or put a sign up form on every web page or blog page. Offer something of value in exchange for their name and email address. Once you have that you can follow up for years or as long as they stay on your list.

4. Start a blog. Nowadays this is very easy to do. And it is easy to maintain. Blogging is a simple way for you to put your internet marketing home business online without having to build a complicated website.

5. Don't waste your time creating products, just recreate them. Private label rights offer a huge advantage in time savings. Learn to recreate them and repackage them as your own. Then sell them and keep all of the money. Join a PLR club and get new products available every month.

6. Start an affiliate program or offer your PLR products with 100% resell rights. If you are smart you have filled them with affiliate links to other products you sell. You can afford to offer 100% resell rights when you are making money on the backend.

These 6 simple internet marketing home business ideas are things anyone with access to a computer can do to make money. The easier you make it on yourself the more likely you are to stick with it. The longer you stick with it the more money you will earn and so on.

By : Vincent Murphy