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8 Ways You Can Use It To Make More Money in 2023

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8 Ways You Can Use It To Make More Money in 2023

In today’s digital age, making money online has become more accessible than ever before. However, with so much competition out there, it can be challenging to stand out and attract customers to your online business. That’s where attraction marketing comes in. 

Attraction marketing is a powerful strategy that can help you draw in your ideal audience and convert them into paying customers. In this article, we’ll explore what attraction marketing is, why it’s important, and, most importantly, how you can use it to make more money online. 

Whether you’re a seasoned digital marketer or just starting out, the tips and techniques we’ll cover will help you take your business to the next level. 

So, let’s dive in and learn how to use attraction marketing to supercharge your online income!

What is Attraction Marketing?

Attraction marketing is a marketing strategy where you attract potential leads and customers to you with various types of content. This network marketing strategy heavily relies on the “know, like, and trust” factors associated with leading a prospect to a sale. 

People are much more likely to buy from a person or company they know, like, and trust. Attraction marketing strategies build trust and credibility with prospects through valuable content that aims to build relationships first and sell later.

The idea behind attraction marketing is to position yourself or your brand as an authority in your industry, providing valuable information and resources that potential customers will find useful. By doing so, you can attract a larger audience to your business and build a following of loyal customers.

How Attraction Marketing Works

Attraction marketing messages should focus on providing value to potential customers or clients rather than directly selling to them. By building trust and credibility through valuable content and resources, you can attract a larger audience and build a following of loyal customers.

The attraction marketing formula typically involves creating content such as blog posts, videos, or social media posts that provide helpful tips and advice related to your industry. By sharing this content with your target audience, you can demonstrate your expertise and build trust with potential customers.

The strategy works incredibly well to build a personal brand and grow a following. This is the type of marketing strategy used by influencers – their audience is attracted to them because of their lifestyle or skill, and over time they grow to know, like, and trust them. This makes making sales much easier, whether you’re an affiliate or have your own products. 

Attraction Marketing Tips to Help You Make More Money

1680649959 5 8 Ways You Can Use It To Make More Money

Using an attraction marketing strategy is one of the best ways to make more money online – whether you’re running an online business or just starting a side hustle.

Attraction marketing is a form of inbound marketing – meaning customers come to you instead of you having to go out and get them. This method can be totally organic, too, meaning you don’t have to spend money on paid ads if you don’t have the budget. 

Here’s how to make the most out of this strategy to make more money online.

1. Get to Know Your Audience

If you’re running any kind of business or selling or promoting any kind of product online, the very first thing you should do is get to know your audience. 

If you’re an affiliate marketer recommending products and services for sale from other companies, reverse engineer the product to identify exactly who would benefit most from it. 

What pain points does the product or service solve? What kinds of people are experiencing those pain points or problems? 

Getting to know your target audience will help you appeal to them directly. Once you understand their pain points, struggles, and desires, you can create compelling content that inspires them to take action.

2. Choose the Right Marketing Channel

The right marketing channel for you is whatever platform your target audience spends most of their time on. And with so many social media platforms to choose from, it’s possible that they’re on multiple platforms.

These days, video is the king of organic content. However, that doesn’t mean that written content won’t reach the right people, too; it just might take a little bit longer.

If you want to build your following and start making sales as fast as humanly possible, consider using short-form and long-form videos in your marketing strategy. Post your videos to TikTok, Instagram and Facebook Reels, YouTube and YouTube Shorts, and Pinterest. You can also repurpose your longer-form video content into a podcast. In a way, you can be everywhere at once.

A holistic marketing strategy combining short-form, long-form, and written content is the best way to go in the long run. But if you want to gain traction fast, start with video. 

3. Create Impactful and Intriguing Content

The best way to grow an audience with attraction marketing is to create content that intrigues your target audience, inspires them, and also speaks directly to their pain points. 

Most of your content should be value-based to establish your authority and expertise. While growing your audience and platform, your main strategy should be to give as much value as possible – you can ask for the sale later. 

And don’t think too hard about creating different kinds of content for every platform: start with the platform you’re best at. For example, if blogging is where you’re most comfortable, write an article and repurpose it into videos and audio to distribute elsewhere.

4. Share Your Personality

Aside from creating content that speaks directly to the pain points of your target audience, sharing your personality and being relatable is one of the best ways to attract new followers, leads, and customers fast. 

Share bits and pieces of your personal life and work your personal story into your content. This will make your content even more compelling.

Your audience will feel like they can actually connect with you on a human level when you stop trying to make everything perfect, professional, and polished and incorporate some of your real life into your content.

5. Gather and Nurture Leads

No matter how or where you’re focusing your marketing efforts, you should be gathering and nurturing leads with email marketing. Growing an email list is essential to success in any kind of online business.

Create a lead magnet related to the product you are selling or promoting that also closely ties in with your target audience’s problem and give it away for free in exchange for their email address. 

Nurture your email subscribers by sending out daily or weekly emails providing more value, showcasing your best content, sharing your own stories that relate to the industry, etc. 

There’s a saying that goes, “the money is in the list,” and with attraction marketing, most of your sales will likely be coming from subscribers on your email list once you have solidified the “know, like, and trust” factor. 

1680649959 34 8 Ways You Can Use It To Make More Money

6. Be Consistent

The most important step of an attraction marketing campaign or strategy is consistency. This doesn’t mean every day for one week or one month… This method requires long-term consistency. 

It can be hard to stay consistent in the beginning when you have 0-10 followers and no results… But consistency is the key to seeing results. 

Use the slow time in the beginning, to refine your message, get comfortable with sharing your stories, and find what types of content resonate best with your target audience.

7. Create Emotional Connections

Creating emotional connections with your target audience will help build their trust, and that will establish you as an authority in your field. 

Connect with your audience on an emotional level by sharing vulnerable details about yourself, your business, or how you got to where you are now. 

If you can connect with your audience on an emotional level by appealing to the pain points they are currently having, you will be successful.

8. Utilize Storytelling

“Facts tell, stories sell.” This is true when it comes to making sales, and it’s also true when it comes to building a following – i.e., selling “yourself.” 

Learn how to use storytelling in your marketing to create compelling content that you can use for a variety of purposes. Whether it’s to show how the product can change someone’s life or to help them overcome objections, storytelling is one of the most powerful marketing techniques there is.

Attraction Marketing Examples

There are many different ways of doing attraction marketing. This strategy can be employed by brands and businesses, but, as mentioned above, it works incredibly well for building a personal brand.

Authority Websites

Authority websites are a great example of attraction marketing. These websites create content around a specific niche that solves user problems and offers solutions that help the customer and earn the creator money. 

Here are some examples of profitable authority websites: 

Learn how to create your own authority niche website with the Authority Site System (TASS)! It’ll show you step by step how to go from zero to hero and build a real and lasting online business from the comfort of your home – or wherever life takes you!

Influencers

Influencers use attraction marketing as a way to naturally draw in and engage their followers instead of using pushy tactics to sell products or services. 

They use various attraction marketing techniques like creating informative and entertaining content, sharing personal stories and experiences, offering advice and tips, and engaging with their followers in comments and DMs. 

This marketing strategy allows influencers to build strong relationships with their followers, leading to increased engagement and sales for themselves and the brands they partner with.

Conclusion

To wrap it all up, an attraction marketing strategy can be a total game-changer for your online business or personal brand. 

The key things to focus on are: 

  • Providing value over selling.
  • Consistency.
  • Being authentic.
  • Utilize storytelling, and don’t be afraid to be vulnerable.

Using these techniques will help you build a following of loyal followers, subscribers, and, eventually, paying customers.



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AFFILIATE MARKETING

Learn a New Language with This Fresh Approach

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Learn a New Language with This Fresh Approach

Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.

As exciting as it may be, learning a new language can often feel like a daunting task, with the typical endless vocabulary drills and grammar exercises. But Beelinguapp is here to change the game.

This innovative language learning app takes a fresh approach by combining audiobooks and dual-text reading to create an immersive, engaging experience. And right now, you can get a lifetime subscription to Beelinguapp—and all 14 of its languages—for just $34.99 (reg. $100) when you use code TAKE5 at checkout.

Traditional language learning methods can be time-consuming and overwhelming, especially for busy professionals. Beelinguapp offers a new, intuitive way to learn, making it easy to fit into your daily routine. Instead of memorizing endless vocabulary lists, you’ll follow along as you read and listen to a native speaker, seeing the same text in two languages side by side.

This side-by-side format is the core of Beelinguapp’s unique approach. It allows you to compare your native language to the one you’re learning, improving your understanding in real time. It’s like a language-learning karaoke, where you can follow the text in both languages while listening to a fluent speaker guide you through the pronunciation.

Beelinguapp caters to modern learners by offering 14 languages, including Spanish, English, German, French, Korean, and more. With its audiobook-style lessons and an ever-growing library of texts, you can choose from a wide variety of content—whether you’re interested in fairy tales, news articles, science papers, or novels.

This flexibility allows you to learn the way that best fits your lifestyle, all while gaining real-world conversation skills. The app provides texts at different levels, so you can start as a beginner and gradually build up to more advanced reading and listening skills.

If you’re hoping to learn a new language to help grow your business, this might be just the approach you need.

Through October 27, you can get a lifetime subscription to Beelinguapp for just $34.99 (reg. $100) when you use code TAKE5 at checkout.

StackSocial prices subject to change.

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Nvidia CEO Jensen Huang: Demand For Blackwell AI Is Insane

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Nvidia CEO Jensen Huang: Demand For Blackwell AI Is Insane

In May, Nvidia CEO Jensen Huang said that “the next industrial revolution has begun,” and AI will drive “significant productivity gains.” It looks like he’s right — industry demand for Nvidia’s next-generation AI chip, Blackwell, is through the roof.

“Blackwell is in full production, Blackwell is as planned, and the demand for Blackwell is insane,” Huang told CNBC on Thursday. “Everybody wants to have the most, and everybody wants to be first.”

Related: Nvidia CEO Jensen Huang’s Biggest Worry Shows that Success Has a Downside

Nvidia first announced Blackwell in March and stated that it was the most powerful AI chip in the world with advanced security capabilities, better performance, and more memory. The biggest names in AI, including OpenAI, Microsoft, Meta, Amazon, and Google, will use Blackwell to power their AI efforts.

Nvidia CEO Jensen Huang displays the new Blackwell GPU chip, left, and the Hopper GPU chip, right, in March 2024. Photographer: David Paul Morris/Bloomberg via Getty Images

“There is currently nothing better than NVIDIA hardware for AI,” Tesla and xAI CEO Elon Musk stated, at the time.

Since the initial announcement, Blackwell has hit a few snags in production, leading to delays. Nvidia CFO Colette Kress said in late August that the company has fixed the issue and expects to ship “several billion dollars” worth of the chip in the fourth quarter of 2024.

Related: Nvidia’s Immense Market Power Is Worrying Investors — Here’s Why

The chip costs between $30,000 to $40,000 and took $10 billion to develop.

Huang said that Nvidia has updated its platform significantly with Blackwell, and intends to continue updating it. Nvidia has increased performance by two to three times from its 2022 Hopper chip to its Blackwell chip, which Huang says increases revenue for Nvidia’s customers by two to three times.

“What we’re looking at now is the beginning of the next wave of AI, the biggest wave of AI,” Huang told CNBC. “This is really about companies around the world using AI to be more productive as their digital employees and AI agents and co-pilots and however people describe them, as well as using AI, generative AI, to revolutionize the way they build their products and the products they build.”

Huang said last month that intense demand for Nvidia’s technology and software keeps him up at night. On Wednesday, Nvidia partnered with Accenture to train 30,000 of Accenture’s employees on Nvidia’s technology.

Related: Nvidia CEO Jensen Huang Says Nuclear Energy ‘Is a Wonderful Way Forward’ to Keep AI Data Centers Running



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5 Work Ethic Lessons Entrepreneurs Can Learn From Elite Athletes

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5 Work Ethic Lessons Entrepreneurs Can Learn From Elite Athletes

Opinions expressed by Entrepreneur contributors are their own.

Anyone who has found success as an athlete will tell you that sport teaches lessons that go far beyond the playing field. If you’re looking to succeed in the competitive business environment, there may be no better models than champion athletes. What is it that allows these individuals to achieve greatness? What makes someone a winner? There’s not a single answer. Rather, it’s a combination of things. We’re sharing five of them here. If you follow these lessons, you’ll be poised for a championship in the business world.

Related: 4 Productivity Tips from Extreme Athletes That Will Make Your Business Stronger

Show supreme confidence

Champions have a robust belief in themselves and their ability to succeed. Importantly, this does not mean they expect the journey to be easy. Most things worth having require tremendous effort. Champion athletes devote “blood, sweat and tears” in pursuit of excellence, and they’re willing to make the sacrifice because they know it will pay off. Self-doubters abandon the journey when it gets too hard or when they encounter a few obstacles. Champions persevere because they believe in themselves to the core. This stout self-confidence becomes self-fulfilling. When you fully believe you’ll win if you keep on grinding, you’ll out-grind your less confident competitors. Supreme confidence leads to supreme effort, and supreme effort leads to success.

Like a champion athlete, a winning entrepreneur stays committed when things are tough. Tomorrow’s industry leaders are those who will continue to refine their current pitches and marketing strategies as many times as it takes to reach a breakthrough. They will not be deterred by rejection but rather will learn from it, make adjustments, and come back stronger. This willingness to learn and improve, in fact, is another defining feature of champions.

Always look to improve

Champion athletes, while supremely confident, also possess enough humility to know they always have room to learn and grow. When they take a loss, they review the game film to identify the mistakes they’ve made and see where they need to adjust for the next time. Even when they win, they look at what they could have done better. They also seek input from others. When a coach points out a flaw in their technique, they’re receptive to the feedback and incorporate it into their training. They also look to teammates and even to opponents to learn what others are doing well.

As an entrepreneur, if you lose out on a deal or find a competitor holding a larger share of your targeted market, then look at what they are doing to succeed. Be open to learning and humble enough to seek help from others. Champions are usually their own harshest critics, and their high standards drive them to keep improving. So even when you have some successes, continue looking to level up.

Focus on what you can control

Champions do everything they can to control the variables involved in their sport. Knowing that they can’t fully control the outcome, they go all-in on what they can control, including attitude, effort, and preparation. Entrepreneurs ought to do the same by analyzing their markets, rehearsing presentations multiple times, and scouting both their competition and their potential customers. If you’re meeting with a client, study them ahead of time so you can anticipate the questions they may ask and have impressive answers prepared. Be obsessive about your preparation.

A corollary to this lesson is focusing your post-hoc explanations on what you can – or could have – controlled. After a tough loss, champions do not blame the referee. Instead, they look at what they could have done differently so the referee’s calls would not have mattered. As an entrepreneur, be cautious of attributing bad results to luck or of claiming things weren’t fair. When you do so, you lose motivation to make adjustments for next time. Instead, follow a champion’s lead and know there’s always something you could have done better.

Improvise when needed

Even as champions focus on what they can control, they also recognize that they can’t control everything. Rarely does something go exactly as planned, and the best performers adapt and improvise. Something can always go wrong, and rather than panicking when it does, winners stay confident and make the needed adjustments. Thus, even as you work to control what you can embrace the uncertainty of your sport – or your business, as the case may be.

Related: 5 Lessons Entrepreneurs Can Learn from Pro Sports Teams

Be flexible

You may have noticed that the lessons described above hold some contradictions. Champions have supreme confidence yet also believe they need to get better. They also focus on what they can control while accepting they can’t control everything. Thus, another key to success is adapting your mindset based on the situation at hand. Champions have the mental flexibility to do so seamlessly. Rather than looking for a recipe to follow every time, they embrace the fluidity required to succeed consistently.

This willingness to adapt – to possess an unfixed mindset – is the main premise of the book Extreme Balance: Paradoxical Principles That Make You a Champion, published by Entrepreneur Press. This volume, which I have co-authored with champion athlete and coach Ben Askren and successful business leader Joe De Sena, describes how various champions balance contradictory principles to succeed in their respective sports. It includes chapters such as “Thinking You’re Good Enough and Thinking You’re Never Good Enough,” and “Preparing for Everything and Expecting the Unexpected.” These sections expand upon the lessons described here – and many others – in greater depth. If you want to be a champion entrepreneur, it’s a great resource to help get you there.

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