RE: How To Use Decoy Pricing
Dear @towerone
I have been into digital marketing for some years, and perhaps the biggest myth of all is that ‘passive income’ actually exists. It doesn’t.
Perhaps one would need to define what "passive income" means. I used to run small online business and I moved away from it, allowing someone else to take over.
However I kept few % from income as my monthly paycheck and I've been enjoying decent regular payout. without investing minute of my time for past few years.
Would that be considered passive income by you?
I recently got into crypto trading, and it should come with a health warning, because it is very addictive.
Wait for another bull run. You will witness explosion of emotions of masses, like you've never seen on any markets out there. I've witnessed 2017 bull run and I had impression that people are blinded by greed.
I started cryptomarketexaminer.com as a home for my trading ‘adventures’ but as I am at the very early stages, this site is mainly market stats based stuff.
Impressive work so far. Are you a programmer ? (just curious)
Great to have you on-board of our community :)
Yours, Piotr
Hi @crypto.piotr good to 'meet' you.
Passive income in this context means the promise that someone can create and launch an online product, and then sit back and watch the cash roll in. There are so many people peddling 'training' of this type, but what they omit to mention is that to be truly successful in information marketing, one needs qualified traffic. And the generation of qualified traffic takes a great deal of effort.
Most newbie entrepreneurs try to tap into cold traffic, that is persuading people who know nothing about them to buy from them = fail (I am talking about building a business here, not just grabbing a handful of dollars here and there).
Warm traffic, people who know about you, perhaps follow you, may buy from you = better chance of success.
Hot traffic, people who have already made a purchase from you in the past = good chance of success.
To get to warm traffic you need to build a following, a positive reputation, and doing this takes work. One needs to be present where your target audience are, consistent with your messages, and to post and interact very regularly. It is not possible to do this by dropping in every now and then, and then disappearing for a few weeks, then appearing again. Post useful and/or interesting content nearly every day.
I’m not a programmer at all, but I am a lifelong learner. I like to think of myself as a mature student!
Great to be here.
Love to see how responsive you are @towerone :) cheers