Overnight riches will not happen,
period.
What you can do though to effectively
'short-cut' and accelerate the process is to follow a tried and tested
plan...
...and working on that plan until you
get results.
This will focus your efforts in the
right direction from the start, without waste of unnecessary time and
resources.
Now, most profitable businesses become
profitable because they have their foundations built firmly upon sound
marketing principles that work.
You can tap on these proven principles
today - no matter where you are in your business.
Through the years and thousands of
pages of information, what I discovered was this...
Success in any business can be
heightened dramatically when you create that business upon the needs of
the market it serves.
Here are 3 critical marketing questions
to ponder upon if you're looking to make a full time income online:
Question #1: Are You Targeting HUNGRY
Markets With The Money To Spend?
It's NOT enough to blindly pick a
market and bank on it. If you want to make any money at all, you need to
go WHERE the money is.
The niche market you choose should
consist of people who already want what you can offer. More importantly,
they should have the necessary disposable income.
Here's an example: while the employment
niche is huge, it's mainly made up of employment seekers with little
ready funds to spend on 'unnecessary' purchases.
You'll do much better by targeting a
'lifestyle' niche like sports, hobbies, entertainment or health.
When you search for keywords using a
tool like the Keyword Selector Tool from Overture, qualify your markets
by using trigger words like 'find', 'buy', 'learn' etc.
This will give you a good indication of
their demands and spending powers.
Question #2: Are You Selling What The
Market Wants To Buy?
Look, it doesn't mean hoots if you have
the BEST products in the world when no body is interested in them.
A crazy example: you can create a
one-of-a-kind 'pet camera' reserved only for taking pictures of your
pets...but will this sell well when you can just use a normal camera?
Guess not.
Once you've identified certain
profitable niche markets, start surveying and researching the types of
products that sell like hotcakes in these markets.
An easy way to do this is to identify
and study EXISTING hot sellers. For instance, look at the ClickBank
market place if you're selling digital products. Or look at the Yahoo
shopping network and eBay for tangible goods.
You can then create your own products
to tap into these existing pools of red hot customers. Creating them is
a simple matter in itself once you get the hang of it.
A few ways to do so include hiring
ghostwriters; repackaging resale rights; conducting interviews or using
Camtasia to create quick multi-media tutorials. Or you can use 'ready
content' in the form of private labeled products. Just edit where
needed, put your name on it and bang - your own instant product.
Remember, find out what people want to
buy *first* before attempting to sell anything to them.
Question #3: Are You
Building Your Databases?
The real money is in the list and this
holds true for any business whether online or offline.
Capture, follow up with and backend
your visitors for perpetual profits. Create quality content and develop
win-win relationships.
Attach lifetime values to your visitors
and nurture them into future customers even if they leave your site
without purchasing the first time. This is because you'll lose them
forever if you do not do so.
Apply these critical questions to your
businesses and you'll acquire the midas touch to turn every venture into
gold.
Once you've mastered the process,
duplicate the system across different niches and sub-niches. In this
way, you will be able to create many different automated cash streams to
generate the income and lifestyle you desire.
By the way here's a perfect example
from one of my friends. He makes $20,000+ per month using the same
strategies you learned here today. See his story for yourself here:
http://www.ewenchia.com/pbh.htm
It works big time!
Copyright 2004 Ewen Chia
About The Author
John Gergye shares more ideas like this in his just updated eBook
"Traffic From Google in 35 Days". Find out more here:
http://www.traffic-test-tube.com/j/tfg35cl.shtml
Or test your search engine IQ by taking his seo quiz
http://www.traffic-test-tube.com/search-engine-quiz.shtml and get the free special report "Coming
Out On Top".