10 Reasons Why People Fail At Internet Marketing

Internet marketing is one of the fastest growing and profitable businesses today. It is an excellent way for anyone to start a small business with little investment, no overhead, and high profit margins. Anyone can get up and running with an online business in hours. Sounds like an easy way to make money, doesn’t it? Compared to other offline small business ventures, it is.

Yet internet marketing failures still vastly outnumber those who have succeeded in internet marketing. For every story you hear of someone making $10,000 a month at internet marketing there are hundreds of untold stories of those who failed to make a profit or only made a few dollars and then quit. Why do so many fail when the potential to succeed is high?

1. Failure to plan – No matter what type of business you are running you need a business plan with well-defined goals. What are your short-term and long-term goals? What steps do you need to take to meet those goals? Write out your plan and review it frequently. You are running a small business. Treat it as one.

2. Failure to work the plan – So you already have a business plan? Are the following it? A plan means nothing if you don’t follow it. Work the plan every single day. Revise it if necessary but don’t detract from it.

3. Making goals too big early on – Many internet marketing failures try to do too much too fast. You are not going to create the ultimate web site for dog lovers overnight. Start small with dog training tips and add content daily. Those 1,000+ page web sites took months or years to build, so will yours.

4. Lack of knowledge – Would you be a successful plumber without knowing anything about plumbing? No. Then to be a successful internet marketer you need to learn internet marketing. Find a successful mentor willing to help you and you will be way ahead of the crowd.

5. Not investing in your business – You won’t get any support or very much web traffic on with a free web host. Many times, the best ebooks, scripts, and tools are the ones that cost money. You can run an online business for next to nothing but you’ll achieve faster and more profitable results by investing in the right tools.

6. “If I build it, they will come” – You can have the most comprehensive and informative website on natural healing in the world but if you don’t promote your site and work to drive traffic to it no one will know about it. There are many ways to drive traffic to your website. You should be using several of them.

7. Lack of patience – You will not be making $10,000 a month when you start. Internet marketing is not a get rich quick scheme. It takes time and testing to build your web traffic and increase your conversion rate. In the beginning you might actually lose money and this is when too many people give up without giving their business time to grow.

8. Wrong niche – So you wrote that ebook on underwater basket weaving and you’re wondering why nobody is buying it? Find a niche but make sure it’s profitable first. Too many times people create the product first then try to figure out how to sell it. Find out what the people want then give or sell it to them.

9. No uniqueness – There are a million low carb diet books out there, what makes yours so unique? Why should I buy your widget when Bob’s widgets are just as good and he’s been selling widgets a lot longer than you? Stand out from the crowd and get noticed. Know your competition and do what they do better or do something totally different.

10. Lack of commitment – To be successful, you must be committed to success. Behind every success story there are many hours of work and dedication. You’ll need drive and determination if you want to be the next internet success story everyone is talking about.

Print out these ten reasons for failure and post it next to your computer monitor or tape them to your bathroom mirror.

Everyday review your online business and make sure you are not making any of these mistakes. Do this and you are well on your way to being an internet marketing success.

10 Ways To Profit From Online Marketing

What is the first thing that comes to your mind when you heard about online marketing? Below are 10 simple strategies that you can use to profit from online marketing.

1. Sell more back end products to your existing customer base. You already created rapport, trust and proved your credibility to them.

2. Make it a practice to up-sell to new and existing customers. After they decide to buy one product, offer them another product.

3. Cross promote your products and services with other businesses that aren’t competition. You will be able to reach a wider audience at less cost.

4. Create joint venture deals with other businesses. You can expand your product line and target other profitable markets at a lower cost.

5. Start an affiliate program for your business. You will be able to spend less on advertising and get more guaranteed sales.

6. Trade advertisements with other businesses to save revenue. You could trade e-zine ads, banners ads, links, print ads, etc.

7. Outsource part of your workload. This can save on employee costs, equipment costs, taxation costs, expansion costs, etc.

8. Add bonuses to your offer that have a high perceived value. It could be ebooks, members only sites, consulting, e-reports, etc.

9. Use viral marketing to promote your business on the internet. Give away free stuff with your ad copy include on it so others can give it away.

10. Follow up with all your prospects. You can use a free e-zine, a follow-up autoresponder, an update or reminder list, etc.

10 ways to get more visitors to your website

If your website traffic has suddenly come to a stand-still, you may need to give your website a marketing jump start. Here are a few ways to get your traffic flowing again.

1.Buy hits for your website. Pay for targeted hits to your web site. You can do what is called “pay per click” advertising. This is where you pay search engines  every tine some one clicks on your link for your web site. A great advantage to this is it gets you visitors almost instantly.

2.You can also send out a promotional email to the opt-in email list you should be creating by offering free reports or bonuses to your visitors.

3.Pay your competition a flat fee to email your promotional offer to their lists. This is a great way to build relationships with your competitors.

4.You can do what is referred to as a Joint Venture. This is when you pay someone a commission on sales when they email your promotional offer to their email lists.

5.You can pay for advertising on someone else’s website by paying a flat fee up front to put an ad, banner or link on the site.

6.You can pay for advertising by offering a commission to your competition or anyone on sales when they put your ad, banner or link on their site.

7.You can submit your website to search engines with your keywords and website description.

8.You can submit your link to other websites, and in return, add them to yours.

9.You can write a free report or course to give away to other websites in your market and allow them to put an affiliate link inside (so they have an incentive to give it away), and give that away for free. If it is good information, it will spread like a virus. This marketing concept is known as “viral marketing”.

10.If you have good material you can have a nice marketing edge because people will share the website because the enjoyed it. You can also offer affiliate programs so your customers can earn commissions when they refer some one to buy your product .

10 common misconceptions about marketing on the internet

1. You will get rich quick. Marketing on the internet takes a lot of work. This is not a get rich quick scheme. It takes much time learning and failing before you will succeed. Your success is entirely up to you. You will reap what you sow.

2. You won’t make any money. Again you will reap what you sow. Your key to success is through consistency and persistence. If you are willing to learn and accept failures from time to time, learn from your mistakes and apply that knowledge – the money will come. Don’t give up. There are lots of people who truly do make money this way.

3. Anyone can do this. If you tell your self there is nothing to this, you will set yourself up for guaranteed failure. A profession such as this takes a lot of discipline and most of all the willingness to learn. It takes a lot of hard work and an open mind. You have to be willing to embrace new ideas as they come and take this seriously.

4. Not everyone can do this. This is also not true. As long as you free your mind to skepticism such as these, you have taken your first step. While this profession takes time to figure out, it is not hard to figure out. Remember the only person stopping you is you!

5. It is too hard. Look within your self. There is an online business in you. What do you know? What do you like? What do you need that has not been created yet? Answers to these questions and questions like them are the beginnings of you having the ability to set yourself apart from the crowd.

6. It will be easy. It will get easier, but you will have to do loads of studying. Spend many hours brainstorming. You will spend many hours reading, writing, and learning what works and what doesn’t. It will get tedious and hard to stick to. Persevere, your reward is coming.

7. It will only require 2-3 hours a day. At some point you will be able to automate most of your efforts. In the beginning, long hours are not unheard of. I have spent many 18 hour days in front of my computer.

8. This is not a real job. Yeah right! You will come across many skeptics. Or worse than that, people who do not reveal skepticism but merely look at you funny. Believe me this is a real job. You will be just as exhausted from working and researching all day as you would sling 50 pound sacks of flour all day. When you are mentally exhausted you will be physically exhausted. You work hard; don’t allow the people who minimize your efforts get to you.

9. The only good reason to do this is for the money. That could not be further from the truth. There is a lot to gain; the money is a plus of course. Learning will always make you a better person. If you are happy with your self, everyone else will be to. You can’t beat the hours.

10. It takes years to learn online business. Not true. The best suggestion is to study hard. Read your newsletters and the articles in them. Listen to those who are already successful. They are already telling you what to do and how to do it. Now you just need to listen and learn.

Are You Already Marketing On The Internet?

Take a moment to think about how you would really answer this question. If given enough thought just about any business owner who utilizes the Internet for any purpose will likely find that whether or not they intentionally organized an Internet marketing campaign, they may already be marketing their products and services on the Internet. This article will examine some subtle ways business owners may already be marketing their business on the Internet.

Do you have a website for your business? Business owners who answer yes to this question are already marketing their products or services online just by virtue of the fact that they have a website online. Having a live website means there is the potential for curious Internet users to access your website. You may not be actively promoting your website but you may still find that your website generates interest in your products despite the lack of promotional endeavors; this is a form of passive marketing.

Do you participate in message boards and include a link to your website in your signature? Again business owners who answer yes to this question are already marketing their website online. Savvy business owners realize the importance of participation in industry related message boards to create an interest in their products and services, establish themselves as knowledgeable about the industry and offer a link to their own website even if it is in the signature line of their posts. However, even business owners who do not realize this may already be inadvertently enjoying the benefits of Internet marketing which result from message board participation just by doing something they enjoy and may be doing as a form of leisure activity.

Do you include keywords which are relevant to your business in the content of your website? Business owners who answer yes to this question are also already marketing on the Internet by optimizing their website for these keywords. These search engine optimization (SEO) affects the websites whether or not they were even aware of the concept of keyword density and how it can help to SEO a website. Business owners will likely use certain words often depending on the type of products and services they offer just because it is natural and logical to do so. This tendency, however, can result in search engines boosting your website rankings for these particular keywords. The concept of SEO is much more involved and complex than simply using keywords frequently but business owners can gain some benefit just by naturally applying relevant keywords to their website.

Do you solicit feedback from your customers online? This is yet another example of how business owners may be accidentally marketing their business on the Internet. Most business owners realize the importance of soliciting feedback from customers for business purposes and business owners who offer products online might solicit feedback in the form of online surveys. Although the business owners may be doing this simply for a business purpose the fact that it is done online makes it fall into the category of Internet marketing.

We have already discussed several ways in which business owners may already be marketing online but what about business owners who want to have an increased online presence? Business owners who may already be marketing online accidentally may wish to launch a full scale Internet marketing campaign. The best way to do this is to hire a consultant with experience in Internet marketing to assist you in creating a campaign which is effective for your target audience.