Course Cloning

There are nearly 600 listings for online courses on the eLearningIndustry directory. Unfortunately, many course creators limit their offerings to just one marketplace. The age-old advice of "never put all your eggs in one basket" is particularly relevant here. By confining their reach, these creators are overlooking the vast pool of students available on other platforms, which invest significantly in attracting users to their course catalogs.

Partnering with Other Course Creators

Consider collaborating with fellow course creators on platforms like ClickBank. Propose adding their courses to Udemy, SkillShare, or LinkedIn Learning to expand your reach.

Becoming an Affiliate for Other Courses

You can engage in affiliate marketing without upfront fees, earning a percentage of any additional sales generated on the new platform. Many course creators find that even a single Facebook post offering this service can attract a multitude of potential partners.

In this video, "How to Collaborate with Other Creators - The Beginner's Guide - The Income Stream Day #154 - YouTube," you will learn practical strategies for forging partnerships that can elevate your online business.

Insert Brokering

Explore secondary markets through "gift cards" and special promotions. For instance, you might offer a 'gift card' for 65% off a service when someone purchases one of your products. An example could be, "Get 50% off on any of my advanced coaching packages if you sign up before July 4!"

How Professionals Implement This Hack:

1. Conduct basic research to identify high-volume eBay sellers.
2. Reach out to these sellers to discuss potential extra earnings on their packages.
3. Connect with niche companies, such as meal prep services, and propose showcasing their offers to thousands of consumers without incurring mailing costs.
4. By facilitating this connection, you can profit from the difference between what the company pays you and what you pay the eBay seller.

Pinned Post Brokering

This method mirrors insert brokering but utilizes pinned posts across platforms like Facebook groups.

How to Execute Pinned Post Brokering:

1. Investigate various Facebook groups in a specific niche.
2. Gather their rates for pinned posts and negotiate favorable terms.
3. Contact businesses in the niche to offer them exposure to the audience you've curated.

Content Rental

Take a cue from Eric Jorgenson, who turned Naval Ravikant’s tweets into a bestselling book. However, he missed opportunities to include affiliate links or to build an email list through his work.

You don’t have to be a prominent TikTok influencer to succeed in this area. Many niche professionals, such as speakers and YouTubers, frequently capitalize on these strategies.

For instance, approach a well-known gardening YouTube channel and propose:

1. Transcribing their videos (using AI tools if needed),
2. Compiling these transcripts into a Kindle book, and
3. Publishing it on their behalf.

This can be done without any costs to them, allowing you to incorporate your own affiliate links or promotional pages. While some influencers might decline, many would eagerly accept the chance to expand their audience without additional effort.

So, consider this new wealth-building model and identify potential collaborators to reach out to.

Acknowledgments

Many of these insights originate from a promotional letter by James Foster, creator of the Side Hustle Club Newsletter on Substack.

For more thought-provoking content, check out these related posts:

@serdenanil: This newsletter explores various topics, including wealth creation and psychology, offering valuable perspectives in a world inundated with superficial information.

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