Case Study๐Ÿ‘‰ How YOU Can Make a Five-Figure Revenue as a Digital Nomad

The Scott Max Newsletter

In Partnership with GetResponse

Hi ๐Ÿ‘‹, this is the Scott Max newsletter. The forthcoming daily newsletter bringing you one step closer to your own thriving online business.

We analyze an outstanding, small, online business each week with a full breakdown of its revenue generation methods, the factors behind its profitability, and the potential avenues for expansion. Following that, we equip you with practical guidelines on establishing a similar business to empower yourself.

This is the optimal way to learn the tactics, skillset, and nuance of making wealth online.

Alright, it's time to uncover the exciting content that awaits you in this email:

  • A Monthly Revenue in the Range of Five Digits.

  • Unique techniques enable this business to stand out in its niche and achieve success.

  • A step-by-step guide to setting up a business like this one for yourself!

But first, let me introduce our partner for this email,

Email marketing and beyond

We are thrilled to announce that our valued sponsor, GetResponse, will be hosting a free webinar on the 27th of July on the topic of affiliate marketing.

Whether you are a seasoned affiliate marketer wanting to level up their game, just starting your affiliate marketing journey or simply want to know what the hype is about, this webinar has you covered. GetResponse has partnered with legendary affiliate marketer Benet M. Marcos to teach you how to build conversion funnels, drive traffic to your landing pages, generate awareness for your offers and scale your operations.

During the free webinar, you will learn the differences between successful and unsuccessful affiliate marketers and how to become the former. Save the date and get ready to elevate your affiliate marketing game!

The What ๐Ÿš€

Another exciting online business to analyze and learn from.

In this issue, we will look at a website about how to become a blogger and have flexibility in your schedule to travel.

Balancing the lifestyle of traveling and working might seem challenging.

Thankfully in this newsletter, we will introduce a blog dedicated to finding that ideal balance when it comes to travel and work.

Not just that, but we will carry out an analysis of how it generates a steady monthly revenue, ensures a constant flow of visitors, and the overall mechanics of the blog.

Ready?

The How ๐Ÿ’ป

This online business achieved a remarkable milestone with its five-figure revenue in May, marking an impressive month for the travel blog.

We will analyze its figures and how it attained this accomplishment.

Revenue from the founder's digital products:

Products such as eBooks, an autobiography, and SEO strategy presentations, have indeed yielded positive outcomes.

These books focus on attracting readers and achieving favorable online leads.

This represents another proven monetization strategy; clients seek condensed information in various formats for time efficiency.

Much of its considerable revenue is attributed to a well-managed Affiliate advertising structure.

According to her earnings statement, half of the total comes from partnering with Hotel Booking agencies.

Namely, Hotels combined, Booking, and Agoda.

The rest comes from Amazon affiliates, Wildearth, eBay, and AirBnb.

Becoming an affiliate for reputable and flourishing companies proves to be a wise undertaking. We see it working exceptionally well with this blog.

This blog accepts forms of advertising, sponsorship, paid insertions, or other forms of compensation.

The Why ๐Ÿ”ฅ๐Ÿ”ฅ 

This blog has the wow factor when it comes to merging different niches.

Their secret weapon (competitive edge) is that it is not just focused on working as a blogger or as a full-time traveller but also on giving information on how to do both.

Which means it can be deemed as part of the travelling niche and blogging trade.

It provides an exceptional service compared to its competitors, which are unique in their own right".

The blog has specialized in two different niche markets, namely travelling and business.

Its unique core mission is to educate readers on how to manage a business/side hustle and travel the world.

The blog has made good use of Facebook group communities.

This is very smart as it keeps a collective audience together. Group participants are interested in similar objectives and can actively communicate with other people.

Having this also means the blog managers can establish a bond with group members.

The pros of using Facebook groups include creating a sense of community, connecting people with similar interests, garnering support, and many moreโ€ฆ

An inciteful Podcast about earning revenue as a blogger.

This is a very interactive way to educate and entertain a targeted market.

The founder of the blog is the host of the podcast and uses the podcast to spread her message of working and earning online through various means.

Listeners can source this podcast on popular platforms like iTunes and Spotify.

Throughout the content of the podcast, the host makes reference to a guide (in the form of an eBook) that is on promotion.

Therefore the podcast acts as a marketing outlet for the eBook, which also contributes to the overall monthly revenue.

The Opportunities ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ

Here are some areas the blog can improve on:

Lack of external reach:

Below reflects data from Ahrefs on visitors by country, which give statistics based on the top countries the website reaches.

This can be helpful to target countries that the business does not reach.

This blog is doing extremely well in Australia, however, other countries are less responsive. Several factors could be behind this outcome.

In theory, the blog would double its audience and earnings if it had targeted other demographics overseas.

Having a well-defined target demographic is undoubtedly constructive, yet many individuals overlook the potential for significant growth.

That being the case, experiment with different demographics, to weigh which one is more profitable and receptive to your information.

The Big Reveal ๐Ÿ‘€

In this newsletter, our task at hand was to analyze this successful 5-figure-earning blog, called Digital Nomad wanna be.

This blog owes much of its reputation to, Sharon Gourlay, the founder of this niche blog.

Which is less of an online business but a blog to share her journey. Not excluding the fact that the blog does monetize services and products very well.

This blog is a worthy example of a simple but also effective online business.

With a thriving affiliate marketing program on behalf of popular companies, an easy-to-follow monetization strategy as a blogger, and organic search optimization methods; whatโ€™s not to love about it?

Numerous readers have gained knowledge and benefited from the valuable information and services offered by the blog, expressing their gratitude upon discovering it.

The Takeaway, What We Learned ๐ŸŽ“

  • Explore different ways to serve your target market, proven ways include using social media, hosting a podcast, selling eBooks/printables, and/or good blog content.

  • Make an effort to link readers to other helpful companies that you trust. This can be done through profitable means like marketing reputable brands as an affiliate.

  • Experiment with different demographics to see which is more profitable and receptive.

  • By focusing on a specific niche and dedicating yourself to it, you can differentiate yourself from competitors, establish yourself as an expert, and build a loyal following of customers who trust your expertise.

Steps to Take, From Day 0 To โˆž ๐Ÿ‘ฉโ€๐Ÿ’ป

So, you will have your own website, hosting account, and a good grasp of digital marketing fundamentals if you are a student/graduate of Max Business School.

If not, begin your journey here, where you can explore a valuable resource that is offered to you without any charges. This resource will equip you with the essential skills needed to build a business similar to the one we've analyzed, ensuring you achieve the desired level of freedom.

Day 0

Youโ€™ve read this email and love this particular business model and/or niche.

If not, we'll be sending more ideas in our next email or visit our archive here.

If yes;

Consider if this is a business you can happily commit to for 3-5 years?

If yes;

Is it a customer/topic/day-to-day activity you can't develop a deep passion for?

If yes;

Would starting this business cause you to lose focus on the business that you are currently building?

If yes, donโ€™t do it.

Focus on building what you have and take lessons from my analysis above to implement them into your current business.

But if not, then move to day 1.

Day 1

  • Determine your blog's niche - Identify the specific topic or area of interest that your blog will focus on. This can be based on your personal interests, expertise, or a gap in the market that you have identified through research.

  • Conduct market research - Look at other blogs in your niche to see what topics are popular and how they are monetizing their blogs. This will give you an idea of what works and what doesn't in your chosen niche. Utilizing tools like Ahrefs can help you with this research.

  • Choose a domain - Choose a distinctive option that is easy to recall, relevant to your niche, and accessible as a domain, then proceed with setting up your hosting account. We suggest that you make use of our DreamHost Plan.

  • Design your blog - Choose a theme or template that reflects your niche and brand. Customize it to match your preferences. If you're unsure how to do it, refer to Module 1 of our course.

  • Set up necessary plugins - Install essential plugins such as an SEO plugin, social sharing plugin, and caching plugin.

  • Set social media presence- Create profiles on relevant social media platforms, such as Facebook, Twitter, and Instagram.

Day 2

  • Develop a content strategy - Plan out what type of content you will create and how often you will publish it. This will help you stay consistent and engage your readers.

  • Write your first blog post - Create a high-quality post that introduces your blog and establishes your voice and tone. Focus on providing value to your readers and making a connection with them. For guidance on how to produce good content, consult Module 2 of our course.

  • Create a content calendar - Plan out your blog posts for the next few weeks or months. This will help you stay organized and ensure that you are covering a variety of topics.

  • Optimize your content for SEO - Use keywords, meta descriptions, and title tags to make your posts more visible in SERPs.

  • Share your content on social media - Promote your blog posts on your social media profiles to reach a wider audience.

Day 3 to โˆž

  • Guest post on other blogs - Reach out to other bloggers in your niche and offer to guest post on their sites. This will help you build backlinks to your site and drive more traffic to your blog.

  • Engage with your audience - Respond to comments and messages from your audience, and ask for their feedback on your content. This will help you build a loyal following and improve your content over time.

  • Plan for future growth - Set goals for your blog's growth and track progress towards those goals regularly. Use data-driven insights to make informed decisions about where to focus your time and resources in the future.

  • Analyze your website and social media analytics - Use analytics tools such as Ahrefs to track website audience, level of engagement, and conversion ratio. This will help you make data-driven decisions about where to focus your time and resources.

  • Monetize your blog - Consider various monetization strategies such as affiliate, sponsored content, and display ads to generate revenue from your blog. If you decide to pursue affiliate marketing, it is recommended to use a CRM to manage it effectively. Take a look at our recommended CRM for affiliate marketing.

Before You Go ๐Ÿ‘‹

Thank you for reading.

In my next email, I'll provide you with another detailed analysis of a business.

Remember, if you know someone who might like this newsletter, sharing is caring.

If you're prepared to embark on your entrepreneurial journey, establishing a website is crucial. Take advantage of our special hosting promotion and join our vibrant Max Business School community, where you'll connect with numerous ambitious business builders like yourself.

Remember to explore the classroom tab (top left corner), where you'll find our comprehensive courses teaching you everything you need to succeed online, without any charges.

Bye until next time,

Scott Max