The success % in internet marketing is about 5%.
This means that 95% of the people who start an online business fail and quit.
Is Making money online that difficult? Research shows that people fail at making money online because they do everything except the things that are the most simplest, yet the most important.
Internet marketing can be extremely simple and easy if you follow these 5 steps to making money online.
Step - 1: Identify a target market.
The first step is to research and identify the market that you wish to target.
This should ideally be individuals who have a problem and who are ready to spend some money for the solution to the problem.
For this you will have to research about the problems for which people are searching for solutions online.
Then next thing involves researching the number of people who are searching online for a solution to this problem.
But before you do this you will have to identify a broad market that you wish to dig deeper into.
And the ideal way to find this broad market is to follow you interests and hobbies because it is easier to sell something that you have a fair amount of knowledge about.
This activity involves quite a bit pf research and research requires tools.
Some free tools are Google External Keyword tool and Wordtracker.
These can give you extremely good results in your market research.
If you need a specialized tool which makes most of the activities involved in this process simple, you should look for something like micro niche finder.
Step - 2: Identify a product to sell.
Once the market is identified, you will have to look for a good product to sell to this target audience.
If you can create a product of your own, then that is the best way to get started.
But if you do not have one, there is no need to panic because there are thousands of products that you can sell and make money.
You can choose to promote physical products or, digital products.
Digital products are something that has a higher margin and converts better.
Hence it is advisable that you promote digital products.
You may choose otherwise also depending upon your marketing plan.
A couple of good resources to start off are ClickBank.
com and cj.
com.
You can pick a few products from these affiliate networks and chooses to promote them.
Step - 3: Market your product.
This is considered to be one of the most difficult things to do by every internet marketer.
Getting your target audience to visit your website and buy from you is indeed a difficult task.
If you have a budget for advertisements, you can choose to advertise you products at Google AdWords or, any other PPC search engine.
But if you do not have budget for advertisement, then you can follow this simple trick to get visitors at practically no cost.
If you are wondering what this free method is, then it is article marketing.
People do not realize the power of this method.
Write something that is informative and interesting to the target audience in your market and submit it to article directories.
These articles get circulated and people click the link that is contained in the published articles that usually point to your website and reach your website that is selling your product.
Article marketing not only helps drive targeted visitors, but also helps in getting better search engine rankings.
Step - 4: Offer a bonus product.
Once the visitor comes to your website, you should be ready with an offer that he will not be able to turn down.
You should present him with a free product that is valuable and worth his time.
You should be able to attract his attention and keep him tied to your website and product.
Most first visits do not convert.
But you should be able to capture your visitors email address by giving him something of value for free.
This could be a course or, an ebook.
Once you have captured the email address, you will be able to build a relationship with him by using an autoresponder to be in touch with him through emails.
Once you have established a relationship, you can sell anything to this prospect.
If your products live upto the promise, your relationship with your prospect becomes even stronger and you will be able to sell many more things to him.
Step - 5: Followup and build.
In some time you will find that you have a huge email list and most of this list will be responsive buyers.
Be in touch with your list and provide them valuable advices and suggestions so that the relationship lives.
You can promote your future products to them and build stronger business relationships, thus making money online.
This means that 95% of the people who start an online business fail and quit.
Is Making money online that difficult? Research shows that people fail at making money online because they do everything except the things that are the most simplest, yet the most important.
Internet marketing can be extremely simple and easy if you follow these 5 steps to making money online.
Step - 1: Identify a target market.
The first step is to research and identify the market that you wish to target.
This should ideally be individuals who have a problem and who are ready to spend some money for the solution to the problem.
For this you will have to research about the problems for which people are searching for solutions online.
Then next thing involves researching the number of people who are searching online for a solution to this problem.
But before you do this you will have to identify a broad market that you wish to dig deeper into.
And the ideal way to find this broad market is to follow you interests and hobbies because it is easier to sell something that you have a fair amount of knowledge about.
This activity involves quite a bit pf research and research requires tools.
Some free tools are Google External Keyword tool and Wordtracker.
These can give you extremely good results in your market research.
If you need a specialized tool which makes most of the activities involved in this process simple, you should look for something like micro niche finder.
Step - 2: Identify a product to sell.
Once the market is identified, you will have to look for a good product to sell to this target audience.
If you can create a product of your own, then that is the best way to get started.
But if you do not have one, there is no need to panic because there are thousands of products that you can sell and make money.
You can choose to promote physical products or, digital products.
Digital products are something that has a higher margin and converts better.
Hence it is advisable that you promote digital products.
You may choose otherwise also depending upon your marketing plan.
A couple of good resources to start off are ClickBank.
com and cj.
com.
You can pick a few products from these affiliate networks and chooses to promote them.
Step - 3: Market your product.
This is considered to be one of the most difficult things to do by every internet marketer.
Getting your target audience to visit your website and buy from you is indeed a difficult task.
If you have a budget for advertisements, you can choose to advertise you products at Google AdWords or, any other PPC search engine.
But if you do not have budget for advertisement, then you can follow this simple trick to get visitors at practically no cost.
If you are wondering what this free method is, then it is article marketing.
People do not realize the power of this method.
Write something that is informative and interesting to the target audience in your market and submit it to article directories.
These articles get circulated and people click the link that is contained in the published articles that usually point to your website and reach your website that is selling your product.
Article marketing not only helps drive targeted visitors, but also helps in getting better search engine rankings.
Step - 4: Offer a bonus product.
Once the visitor comes to your website, you should be ready with an offer that he will not be able to turn down.
You should present him with a free product that is valuable and worth his time.
You should be able to attract his attention and keep him tied to your website and product.
Most first visits do not convert.
But you should be able to capture your visitors email address by giving him something of value for free.
This could be a course or, an ebook.
Once you have captured the email address, you will be able to build a relationship with him by using an autoresponder to be in touch with him through emails.
Once you have established a relationship, you can sell anything to this prospect.
If your products live upto the promise, your relationship with your prospect becomes even stronger and you will be able to sell many more things to him.
Step - 5: Followup and build.
In some time you will find that you have a huge email list and most of this list will be responsive buyers.
Be in touch with your list and provide them valuable advices and suggestions so that the relationship lives.
You can promote your future products to them and build stronger business relationships, thus making money online.
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