I was surprised to hear at a
recent seminar how many people think that the Internet is
just too saturated for new online business owners to be successful
-- and that if you didn't get in on the ground floor, you're
out of luck.
Well, we did get in on the ground
floor, and we've seen all the changes, so I can tell you this:
Nothing could be further from the truth! That's why I
wanted to write this article to show you why NOW is probably
the best time in Internet history to start a wildly profitable
online business.
Sure, there's more competition
on the 'Net these days. When we first opened our doors in
1998, there were only 130 million web pages in existence...
now there are well over 313 billion (eMarketer)!
But there are also a LOT more potential customers online,
too -- 1,022,863,307 of them in fact! (Neilson/Net ratings
March 2006.)
And if online sales are any indication,
the number of people who are actively shopping online is also
on the rise. According to Forrester Research, online
sales reached a staggering $172 billion in 2005 --
a number they predict will rise to $329 billion by
2010!
New technologies and crazy new
tools have opened up worlds of opportunity that make it easier
-- and cheaper -- than ever to start an online business and
immediately start profiting.
Through it all, the core principles
of Internet marketing have remained essentially unchanged
-- but now they've been tested, tweaked, and honed to peak
effectiveness.
Let's start by looking at how
the cornerstones of Internet marketing have evolved since
we opened our doors in 1998...
#1:
Depend on the tried and tested essentials of Internet marketing
These key strategies for marketing
your business online have always been effective, but are now
much easier to apply. Things like...
- Designing a web site
that sells: As in the early days of the 'Net, your
web site needs to have clear navigation and a good sales
process to be effective; however, it's now much more important
for your site to look professional. Today's web surfers
have clear expectations of how a commercial web site should
look and perform. Luckily, new tools and resources, such
as the free web-building software Nvu,
make it a breeze for you to create a good-looking, fully
functioning business web site.
- Discovering a profitable
niche market: Providing a solution to a problem
for a narrowly-defined niche market is still extremely important
-- maybe even more so with the increased competition. But
now, advanced tools such as Yahoo!
Search Marketing's Keyword Selector Tool and
Wordtracker
can help you pinpoint exactly who your market is and what
they're hungry for.
- Multiplying your profits
with additional income streams: If you want to
pile profit on top of profit, combine several revenue streams.
The host of e-commerce opportunities that are now available
mean that you have an almost limitless selection of these
profit-boosters: from moving merchandise on eBay to creating free web pages with Google pages that will
be quickly indexed by the search engines, to selling on-demand
merchandise on sites such as CafePress.com.
- Expanding your reach
-- and profits! -- with an affiliate program: An
affiliate program can still ramp up your income while exposing
your site to a wider audience. But instead of recruiting
an "army" of affiliates, these days it's more important
to attract "super affiliates" to your program -- a few affiliates
who will be responsible for generating the bulk of your
sales. These superstars can be attracted by a generous commission
structure and payouts for sales generated long after an
affiliate's referral. And software like AssocTRAC
helps you automate your program for almost hands-free affiliate
management.
Of course, some areas of Internet
marketing have changed more than others since our first course
made its debut in 1998. Let's take a look at some of them...
and the tremendous opportunities they offer.
#2:
Make sure your e-mail gets delivered... the critical changes
you need to be aware of
E-mail marketing is still highly
profitable. In fact, we made $2.4 million last year from e-mail
marketing alone!
Not only is it a great -- and
inexpensive -- way to establish relationships with your customers,
but your promotions and follow-up offers can be completely
automated.
However, while you used to be
able to send e-mail to absolutely everyone, these days you
have to be very careful. Spam -- a growing problem on the
'Net -- cost US businesses an estimated $17 billion in 2005
(Ferris Research) and now accounts for 57% of all
e-mail (Ipswitch 2006)!
The consequences of spamming
have grown far beyond a slap on the wrist from your Internet
Service Provider or a few nasty e-mails from angry recipients.
For example...
- Internet Service Providers
now filter all incoming e-mail for spam by blocking
messages that contain particular combinations of words or
phrases and shutting out ALL e-mail from the domains and
IP addresses of known spammers. So if you get mistakenly
labeled as a spammer, as much as 50% of your e-mail may
be "filtered" and never reach your subscribers. And it can
take weeks or months to resolve the issue!
- The CAN-SPAM Act
(January 2004) introduced laws that allowed spammers to
be prosecuted if specific guidelines aren't being met. Under
this Act you can be fined, and even jailed, if your e-mails
don't meet certain requirements, such as an "unsubscribe"
link in the body of each e-mail you send out.
The bottom line is that if you
want to take advantage of the profit-boosting power of e-mail
marketing, you MUST make sure that your e-mails comply with
the CAN-SPAM Act. You can read the full text of the CAN-SPAM
regulations at www.spamlaws.com/federal/can-spam.shtml.
Once you've made sure your e-mails
will be delivered, you need to think about their content.
In the face of overflowing inboxes, your e-mails and newsletters
need to be particularly appealing and valuable if you want
them to be opened.
#3:
Keep up with the search engines and take advantage of FREE
sources of traffic
The search engine landscape has
changed dramatically since we published the first edition
of our course. We used to recommend getting listed on eight
major search engines: Altavista, Excite, HotBot, InfoSeek,
Lycos, Northern Light, WebCrawler, and Yahoo.
Today, clear leaders have emerged,
narrowing our recommendations to the top three contenders:
- Google: The
most important of the three, Google has a 49% share of the
search market.
- Yahoo: A
distant second, Yahoo has a 22% market share.
- MSN: With
11% of the market, MSN is still worth focusing on.
With fewer search engines, keeping
on top of their ever-shifting algorithms has become critical.
If you can get a top listing on Google, for example, you can
double your potential customers!
A new way to drive free traffic
to your site is to write short articles related to your industry
and post them on e-zine article directories such as Ezinearticles.com.
Include your tagline at the bottom of each article you write
and watch your traffic increase exponentially -- as well as
your inbound links (which the search engines consider when
ranking your site!).
Take advantage of as many FREE
sources of traffic as you can to drive tons of targeted traffic
to your site!
#4:
Instantly boost your traffic with pay-per-click advertising
Paid search has exploded, becoming
a widely accepted way to drive qualified traffic to your site
-- fast. And with each passing year, it becomes more sophisticated,
allowing you to zero in on your target market with greater
precision.
Today, the major players are...
- Yahoo! Search Marketing
(http://searchmarketing.yahoo.com/): Yahoo's sponsored
search lets you advertise your site in the search results
of the following search engines: MSN, Yahoo, AltaVista,
InfoSpace, AlltheWeb, and NetZero.
- Google AdWords (https://adwords.google.com/): With
Google AdWords, you can have your ads show up in sponsored
search listings for certain keywords -- and you can also
advertise on other sites that match your audience.
- MSN AdCenter (https://adcenter.msn.com/): MSN has recently entered
the arena of paid search with MSN AdCenter. So far, it's
the only PPC engine to offer keyword-based demographic targeting.
Paid search is one of the fastest
ways to drive qualified traffic to your site... and if done
properly, won't break the bank. To learn how to profit from
pay-per-click advertising in three simple steps, check out
my blog
post.
#5:
Promote your business with the technologies
that have changed the face of Internet marketing
Technology has been furiously advancing
since the first edition of our Insider Secrets course -- paving
the way for new and highly effective ways to promote your Internet
business. Let's look at some that have had the biggest impact:
- Audio and Video:
The Internet has come a long way since its text-only roots!
Programming languages such as JavaScript and programs like
Macromedia's Flash have allowed for web video and audio,
slide presentations, and other interactive elements.
Our testing has proven that using audio and video as part
of your sales process can now have a dramatic impact on
your bottom line -- if done right. Use short audio and video
clips of you and your customers to personalize your site
and reassure visitors that you are a credible business.
- Blogging:
Blogs are informal web forums that invite feedback and discussion.
They're free to set up and use, and so simple that they
can be created in minutes using sites such as Blogger.com.
As a result blogging has exploded in popularity over the
last few years.
With a business blog you can reach a wider audience, generate
better search engine rankings, boost your revenue, and develop
a rapport with your customers -- to name just a few benefits.
And because blogs are updated frequently, search engines
LOVE them. For an in-depth, step-by-step guide to using
blogs to explode your income, check out "Blogging
for Dollars" -- a 125-page book plus DVD devoted
to this subject.
- Podcasting:
Podcasting, the delivery of audio files -- typically MP3
files -- via the Internet, is one of the hottest new technologies
to hit the market. It allows you to publish audio content
that interested listeners can subscribe to via RSS “feeds”
-- so they can automatically receive your audio broadcasts
without having to go to your web site.
Check out my blog post to learn how you can create your own podcast
in three simple steps.
- Direct-to-desktop
technology: Direct-to-desktop technology is a way
to deliver information straight to your subscribers' desktops
-- without having to wrestle with e-mail filters, bouncebacks,
or your competition! Here's how it works: The sender uses
an application such as Desktop
Marketer that formats and sends the information straight
to a “reader” that’s been installed on the recipient’s desktop.
Once your customers sign up, they don’t have to check their
e-mail or visit your web site to get your latest news or
updates. A flashing desktop icon alerts them as soon as
they receive your message -- and all they have to do is
click to read it.
Ordinary
people achieving extraordinary success...
the making of Internet millionaires
The unique benefits of having
an online business -- low overhead, inexpensive advertising,
and a global reach -- can produce HUGE profit margins... and
for tens of thousands of Internet entrepreneurs, a level of
personal and financial freedom they could only dream about
before.
Since we opened our doors in
1998, we have seen a staggering number of real, everyday people
earn life-changing incomes with their Internet businesses.
And the numbers keep on growing... The Internet is now churning
out more millionaires than ever before!
Take one of our customers, Melanie
Boudar of VisitVolcano.com.
At age 50, when the company she worked for was bought out,
Melanie knew she had to go into business for herself. So she
opened a bed-and-breakfast in Hawaii and created her web site
to attract her clientele. After just six months online, Melanie
was making $12,000 per month -- and a hefty $8,000 of it is
pure profit!
Paul Jerard, another of our customers,
had limited computer and Internet knowledge when he started
his first yoga
web site. Still, in less than 90 days, he was already
making a profit -- with over $500 a month in sales! Today,
it takes Paul less than four hours per day to run his business...
and he made over $113,000 last year -- with over $71,190 in
profits! That's a 63% profit margin!
We've seen success stories like
these time and time again... people from all walks of life
who have achieved enormous success with their online businesses!
You can read their amazing stories in the 56 pages of our
site that we devote to showcasing their inspirational achievements
at www.marketingtips.com/testimonials.html.
Final
thoughts
Sure, there's more competition
on the 'Net these days... but the opportunities are also growing!
So if you you've been putting off starting your FIRST online
business because you thought you missed the boat -- or if
you want to ramp up an existing one -- there's never been
a better time to take ACTION... and start generating life-altering
wealth of your own.
With the explosion of technological
advances and resources, running an online business is now
so accessible that literally ANYONE can get online very quickly
-- and immediately start profiting from their own Internet
business!
And to get a proven game plan
that REAL PEOPLE have repeatedly used to earn $100,000...
$500,000... $1 MILLION (or more!) per year on the Internet,
check out the brand-new, just released 2006 edition of our
"Insider
Secrets" course.
With over 1,300 pages of our
hottest new test results, case studies, and resources, it's
the surest way to start and grow a successful Internet business
in 2006.
It's such an exciting time to
be an Internet entrepreneur! Make sure you take advantage
of the unique opportunities that have been created since the
early days of the Internet. Read
the stories of people just like you who have created online
businesses they love... and mind-boggling wealth. They are
living proof that it's possible. I hope to see your success
story featured on our web site one day soon.
Best of luck with your exciting
new venture!