Can Digital Marketing Make You Rich? How Much Can You Earn?
Digital marketing is talked about more nowadays than ever, but is it capable of big benefits such as making you rich?
Let’s talk more about digital marketing and the power that it holds.
Table Of Contents
Can Digital Marketing Make Me Rich?
Now, I want to give you a disclaimer when it comes to getting rich from digital marketing.
Just because people are capable of becoming rich from digital marketing, doesn’t mean that it’s going to happen.
Getting rich from digital marketing is certainly not an average outcome.
In my opinion, the average income when it comes to digital marketing, internet marketing, and other similar business models is $0.
The reason why I say the average income is $0 is simply that most people don’t take action when it comes to what they learn.
So by default, no action taken simply equals not making any money. If action is taken, I’ve noticed a trend in quickly giving up when there’s a bump in the road.
It’s the unfortunate truth, but it’s good news for you if you are:
- Resilient and relentless.
If you have the above attributes, then you’re most certainly going to be putting yourself in a great position when it comes to succeeding with digital marketing.
But how much can you actually earn from the process of digital marketing? Let’s tackle that question next.
How Much Can You Earn From Digital Marketing?
This is one of those questions that is just about impossible to answer.
I say this because there are so many variables when it comes to how much you can make from digital marketing.
Here are just a few of the important factors that can dictate the amount of money that you make (or don’t make):
- Your experience and knowledge.
- Your ability to scale your digital marketing business.
- The offer that you’re selling/promoting and how well it converts.
- You: your dedication, commitment, problem-solving skills, ability to handle stress, etc.
Don’t forget about your timing in terms of when you first entered the market.
This is something that a lot of people don’t exactly talk about, but it’s very helpful when it comes to success.
Some people are the first to hop on trends or platforms, and doing so helped them get a significant amount of momentum and accelerate forward.
If you need any examples of this, just take a look at the people who have been, for example:
- Built an audience from day one.
- Started running paid advertising back when costs were significantly lower.
- Dominating on platforms for a long time (like YouTube, Instagram, or TikTok).
I think you get the idea, but there’s one thing I want you to keep in mind here.
Just because certain people have had advantages like the ones that I’ve mentioned above, doesn’t mean that you can’t have success when it comes to digital marketing.
You always need to be looking for ways that you can get advantages when it comes to the niche that you’re in.
Even though it might not be easy to see how you can get advantages from the start, the more time you put into your craft, the easier it becomes to find these advantages.
Can A Digital Marketer Be A Millionaire?
One of the best examples of this would be the hot digital marketing tool ClickFunnels (which I also love), and the 2 Comma Club that the owner of the software created.
Whenever someone generates at least one million dollars in sales using the ClickFunnels software, they get a big and fancy plaque that showcases their achievement.
Plus, there are even quite a few people that got the 2 Comma Club X award which means that they generated at least ten million dollars in sales.
As of writing this article, there have been well over 700 2 Comma Club winners, and I guarantee that the number has significantly increased.
While this award doesn’t guarantee that these digital marketers are actual millionaires, it does showcase what is possible when it comes to making sales with digital marketing.
So how are all of these digital marketers earning all of this money, especially from the comfort of their own homes? Let’s talk about that next.
How To Earn From Digital Marketing At Home?
So let’s start off with a simple digital marketing definition before we begin.
Digital marketing is a combination of strategies that are used to promote people, products, and brands on the internet, in order to generate leads, make sales, get customers, as well as make money.
I came up with that definition all on my own, so I feel pretty cool right now 😛
So what are some of the strategies when it comes to earning from digital marketing?
Here are five great digital marketing methods that have not only been around for a long time but work very well.
SEO, which is short for search engine optimization, is the ability to get traffic from search engines such as Google, Bing, Yahoo, and a few more.
All in all, Google is going to be the behemoth that you’re going to want to get traffic from.
Either way, what makes SEO such an attractive strategy to so many marketers, such as myself?
In my opinion, here are some of the biggest benefits when it comes to leveraging SEO as your digital marketing strategy:
- Writing content.
- Outsourcing content too.
- Competing against other sites.
- Rolling with the punches and making changes.
- Increasing your knowledge and skills to gain advantages.
Another big benefit of SEO is that it doesn’t cost a lot of money to get started. You’re looking at a website and hosting, which is around $50 for the first year or even less (for both).
So how do you make money when it comes to SEO?
Well, like many other business models, when you have a lot of traffic coming in, there are quite a few things that you can do with that traffic:
- Promote affiliate offers.
- Run advertisements on your website.
- Generate leads and then leverage email marketing.
Don’t forget about being able to sell courses as well. In fact, that’s such a big strategy that I want to talk about it all on its own.
2) Sell Courses Online
If you get the feeling as if “everyone is an expert” nowadays, then I can certainly see where you are coming from.
The fact of the matter is that courses are being sold in every crack and crevice of the internet right now, and it’s for good reason.
The benefits of selling courses, in terms of making money, include:
- There are tons of places for selling your courses.
- Creating a product is pretty straightforward (it’s also very inexpensive).
- You don’t have to sell physical products (no shipping and other related costs).
You also get to pick the traffic sources that you can leverage when it comes to selling products too. Oh, and don’t forget about the price of your courses, the order bumps, the upsells, webinars, and so on and so forth.
Combining sales funnels when selling courses go together like peanut butter and jelly, and that’s how so many people won the 2 Comma Club Award:
- Using ClickFunnels.
- Selling their courses with their sales funnels.
Selling courses online is extremely lucrative, and you certainly won’t be seeing this trend go away any time soon.
Here’s another great digital marketing strategy that I’ve been personally doing for a long time now.
3) Promote Affiliate Offers
I don’t know where I would be today if it wasn’t for the lucrative strategy of affiliate marketing.
Affiliate marketing is the process of promoting other people’s offers, and in return, you make a commission whenever a sale is made.
Given the fact that you don’t even need to have your own product, this is one of the quickest ways to dip your feet into digital marketing.
Here are some more great benefits when it comes to affiliate marketing specifically:
- No customer support is needed.
- You can get started with very little or no money.
- You can pick the niches and products to promote.
- Don’t forget that anyone can do it, regardless of their experience.
Just keep in mind that affiliate marketing isn’t going to be a walk in the park. Plus, if you don’t have any experience with affiliate marketing, there is going to also be a learning curve (just like many other digital marketing strategies).
Plus, given the fact that you don’t need a lot of money to get started, this allows for extremely high-profit margins.
Nevertheless, I always recommend that you start reinvesting your money once the income starts rolling in. That’s true for affiliate marketing and many other strategies.
This will allow you to expand and quickly grow, which is an advantage all by itself, given the fact that many people want to hold to the money that they’ve made for dear life.
Is It Possible To Become Rich By Internet Marketing? Closing Words
The internet is a huge place:
- You’ve got tons of old, as well as new and proven, traffic sources.
- You’ve got unlimited possibilities when it comes to creating products.
- You’ve got unlimited possibilities when it comes to promoting other products.
Overall, the possibilities are endless, and if you ask me? It’s a great time to be alive with all of the amazing opportunities that are waiting for you at your fingertips.
As the famous quote states:
The best time to plant a tree was 20 years ago. The second best time is now.
…and the same goes with digital marketing. The faster you get started, the faster that you can begin to get a grasp of how things work and how you can get an advantage as a digital marketer.
Thank you for taking the time to read more about digital marketing and how things work. Until we meet again, happy digital marketing.