| 3 essential things you need to know to make money online |
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Moneymaker79
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| 3 essential things you need to know to make money online |
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I can't believe that people constantly bombard me with certain questions
so I'll try and make three points about making money online very clear
in this post...
There are mainly three ways to make money online:
- You can sell your own product(s) or service(s)
- You can sell someone else's product(s) -- Affiliate marketing
- You can sell ad space on your sites (also includes Adsense and the like)
I'll tell you right now that the best way is to do all of the above. You'll
make the most profits if you'll start producing and selling your own
products and then sell other related affiliate products to your existing
customers. At the same time you can create a site or a blog where you
regularly post relevant posts and put some Adsense ads in -- then direct
all your customers to every new post you make.
Simple enough, right?
Well, not to the vast majority of people. Here are three essential things
that will take you on the lane of success:
1.) Creating your own product and selling it isn't rocket science. Most of the
products I bought online were total crap a five year old could write! But it
wasn't the product that made me buy -- it was the sales letter! So, first
lesson: IT'S NOT ABOUT THE PRODUCT, IT'S ABOUT HOW YOU PRESENT IT
TO YOUR PROSPECTS! So the first thing you should do is learn how to write
effective sales letters or better -- hire a copywriter after you've created a
product.
After you have a product you'll have an army of affiliates promoting it for
you -- and that's where the BIG BUCKS come in. Amateurs do SEO and PPC,
the real masters have GIANT lists and a huge affiliate base to instantly
make their new products huge successes.
2.) You absolutely must build an email list of people that are interested
in what you have to offer. These are the people you'll sell to on and on and
on. Make sure you create a great relationship with them and to get the right
people to sign up to your list. This is something to really think about.
Your list is also your other currency, if you will. People with huge lists are
much more likely to get important JV partners than those that don't have a
list at all. Also, if you're going for the "master players", Getting 100 sales
for the product you're selling as their affiliate is a sure way to get their
attention and to get them to contact YOU! So, start building a list
immediately.
3.) Third and last thing you should know is that you should always do some
research before going into anything. This means: get to know what people
want to learn about (get this info from magazines, forums, ...), learn if
they are willing to pay for this info (set up a free newsletter and send some
traffic to your opt-in site. If a vast majority of people will sign up for it, then
there's a great chance they would pay for the info. You can also then ask
them what exactly they would like to know), research how big of a market
it is you're going in and if it has much competition...
If you've been to online marketing forums for a month and have searched
and read about how to do the above, you have enough information to DO
IT NOW. Don't look for a simple solution as there isn't any. There's only
you buying products or you selling products! You decide where you want to
be. An occasional ebook or video tutorial will help, bud don't get stuck at
just buying "the next best thing".
It really isn't that hard to make it online. It just takes the right mind set
and proper action (as everything else).
Go to work now. Gather as much data as you can and start creating your
product and build your list -- that's key.
Have a great day.
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Thu Jun 01, 2006 10:38 pm |
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Finandom
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Joined: 30 May 2006
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Thanks for sharing the information with us. Your tips are some good clear cut to the money making system on the internet. However when you really take action I think it really takes a lot of commitment and willpower to maintain the passion. So I believe consistency and focus is also what it takes to be success in online business, this is what I learn from my mentor 
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Mon Jun 05, 2006 2:46 pm |
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Moneymaker79
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Cash: $ 3.00
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Joined: 27 Sep 2005
Location: Slovenia
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Great point, this is usually what most people (including me in this post)
forget to put in the equation. Of course, you must know that almost
nothing is sudden.
There is a time laps between the onset of what you do and the results
you see. It might in some cases take as long as 8 months (SEO, for
example)! But if you stick to what you do and have faith, success is
inevitable. If, however you stop at any time the results might be much
smaller or even non existent!
Good comment.
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Mon Jun 05, 2006 4:30 pm |
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edpudol
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wow that's great post... and totally agree with your points.
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Mon Jun 12, 2006 6:50 am |
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aaa1
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Location: Florida
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I agree that sticking with it is Prime! But you have to believe in the program. That's why I'm seeing a tremendous response.
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Mon Jun 12, 2006 5:20 pm |
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Finandom
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Joined: 30 May 2006
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I agree with you Moneymaket79. By running all the 3 ways to make money online, you really can get some profit. However, I found that it is not really easy to get it done, especially if you want to make millions dollar. So I found that it also take a strong willpower to be success in online business. This is the different between people who make money from internet and people who fail to do so.
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Thu Jun 15, 2006 12:31 am |
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nkthen
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This is a great post.
Just in case there are skeptics, let me say that I am one of the living example of making money from the 3 streams of income listed by Moneymaker79. 
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Fri Jun 16, 2006 5:11 am |
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richdadmoney
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i agree with you
thanks for the tips
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Sat Jun 17, 2006 9:04 am |
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