First you need to research your intended market. You need find a
reasonably large number of targeted individuals who have money to
spend and a problem that needs solving. To earn money online you need
to offer a great item, or service, that solves a problem for them.
You need to research:
(a) What are people searching for online?
(b) How many people are searching online for a solution to their
particular problem?
You can find out what people are searching for at Google here:
https://adwords.google.com/select/KeywordToolExternal and at
Wordtracker.com who currently offer a free trial at
http://freekeywords.wordtracker.com
Step 2 : Locate a best Item
Once you have researched, it is time to quickly locate your products
or services to make money online. If you have your own product great,
if not then there are plenty of options to sell, or resell other
peoples items for make money online.
There are thousands of Items you can find quickly. However, marketing
and selling a really good item needs a little more attention.
You can choose to promote physical goods or digital goods for make
money online. Digital goods cover many different areas of interest and
are incredibly profitable. There are no delivery costs with digital
download goods they are a good choice to promote as most offer good
margins.
Here are some prime resources for sourcing digital goods:
1. www.paydotcom.com
2. www.clickbank.com
3. www.cj.com
Step 3 : Market to your target audience
You Must reach your target market in a way that allows you still to
make money. There are many ways to achieve this (that is another book
in itself) but I'm going to show you the most cost effective way to
make money online with marketing any service. In fact it is so cost
effective it won't cost you anything (just a little time set aside to
complete it).
Article marketing is the most powerful free way to attract ready made
buyers to your site for little or no cost. You basically write
something that is informative and of interest to readers of your
target market, then submit your articles to directories to get them
published.
Step 4 : Offer a very tempting low cost
When someone visits your site you must offer a free or relatively
low-cost product to 'hook' your potential buyer from the outset. The
aim is to get the prospect to 'buy-in' to you, so that you can start
to establish a business relationship. A getting to know you stage if
you like.
Make your initial offer very difficult to turn down and at the same
capture their email address so that you can follow up if they don't
buy the first time.
The only way you can make more money, and double your income, is by
building on that first low margin sale. After the first sale you then
follow up by offering ever more expensive goods each time.
As long as the products or services you offer are good and deliver
what they promise, you will be giving value for money.
Step 5 : Follow up and offer more expensive goods
Repeat the process over and over again and drop the unsuccessful ones.
These simple steps may seem really obvious but guess what, most
marketers don't do it.
When you follow up with your customers you should be offering them
related products to their first purchase. Use an autoresponder to
automate your communications.
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