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Running An Internet Business - Four Fundamentals For Success

November 1st, 2007

Whether you are totally new to e-marketing and exploring the idea of how to start an Internet business for the first time, or an old hand who has been struggling and needs to revisit your Internet marketing strategy, the issues are still the same. It’s true that running a work at home Internet business can often be less expensive than a traditional business and allows you access to a worldwide market at any time of the day. But the truth behind starting a Internet based business is that it can be as stressful as any other business. Taking note of these fundamental points can help you to succeed.

Planning
Starting a new online business or taking an existing business online can seem intimidating or overwhelming, but like everything else, if you make a plan and take it step by step, you’ll have a much better chance of succeeding. Having a proper plan for your Internet business can also give you the competitive edge you need as you will be better able to react to circumstances if you know what you want to achieve. Although starting an Internet home based business is an achievable ambition, building it can be challenging, so you do really need to make sure you don’t go off on ‘rabbit trails’ that may look exciting but don’t deliver paying customers. When you are planning, don’t forget that you can combine several different models as part of your overall Internet business strategy. But for the sake of your sanity it’s better to start off with just one!

Starting
The first question that most people ask is “what sort of home Internet business should I build?” Whilst that is a good question, a better one is “what sort of markets can I make the most money in?” It is better to start off with a market and find a means of making money from it than having a product or service which may not actually have a market. Assuming you have made your choice, one way to avoid some of the hard work of starting up is to buy an existing Internet business or franchise. Be very careful of income claims and make sure any website hits or financial statistics can be verified. You don’t have to spend a fortune hiring an Internet marketing consultant, even if you have no previous experience and want to start Internet business, but you do have to be careful your Internet goldmine isn’t all tapped out! Once you have started, the next step is to start promoting your home business

Marketing
If you don’t want to spend money on Google Adwords or other PPC(Pay Per Click) services, you’ll need to know the SEO(Search Engine Optimisation) basics so that your marketing can start delivering quality search engine traffic. To those that run Internet businesses, search engine traffic is often the life-blood of their sales pipeline. Even if your primary focus is not SEO, why turn away free traffic just because your website hasn’t been optimised properly? To truly succeed you’ll need expertise in SEO and PPC or a web site that already attracts a lot of traffic. It is crucial for you to spend the initial phase of your Internet business on establishing constant traffic to your website through various web promotion and marketing strategies. Internet marketing strategy is not child’s play, but it isn’t rocket science, either. As in traditional marketing a personal relationship with clients needs to be developed, which means you don’t rip visitors off to make a fast buck, because repeat traffic is where the consistent money is. If you’re into Internet marketing, many experts agree that you don’t even have a business if you don’t have a mailing list. With an opted in list, email marketing and viral marketing campaigns and e-newsletters can bring qualified traffic. Qualified traffic is visitors who visit your site knowing what it’s about and interested in what you are selling.

Promoting affiliate programs can be a rewarding and easy way to earn money online, but making the right decisions before you launch yourself into affiliate marketing can mean the difference between success and failure. However, you’ll need to generate a lot of traffic to make money in affiliate marketing because revenues per sale are generally low.

Succeeding
You may have put a lot of time in to get started, but if you have done it right, and once the initial phase is over, you can expect a decent income, and without you having to trade so much time to get it. Success in a new business is not easy and success in an online business isn’t either. If it was easy, everyone would be doing it, and you wouldn’t have an opportunity. Don’t forget many people have lost money in programs that promise you fast results and easy success, but then they never deliver what they preach. Don’t be one of them, but do use the Internet to learn as much as you can and go on learning and applying what you learn.

Is a home based Internet business suitable for you? The most common excuse for not starting an Internet business is that people believe they must have a product in order to start one. In fact, the Internet and the technology associated with it have opened new vistas for home based Internet business projects that once might have been considered impossible. That is exactly why it is very important that you set out a plan at the start and follow it in order for you to achieve the success you dream of with your own Internet business.


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Internet Marketing Myth, IM-Myth report

October 3rd, 2007

So what if you had just sunk the house and your kids inheritance into a bunch of Internet Marketing Cd’s DVD’s and systems, and someone told you that Internet Marketing was not a business in itself?

Well that’s the gist of a new IM-Myth report report by a guy called Russell Brunson available for free. It’s worth a read for the price alone, and of course there is an immediate upsell although it’s only $1 initially. You also get a one-off opportunity to subscribe to a IM magazine which I didn’t, but others may find useful. The main upsell though is for an upcoming site which suggests becoming a millionaire in one year. I say suggests because at the time of writing there was precious little detail and the big hook is that it involves techniques which have made one unnamed guy $100 million. Of course for Brits that’s only £50million, still not exactly chump-change though!

So back to the report, is it worth the time to read it? You could argue that it doesn’t really add anything new to the IM knowledge base and that’s true to an extent. What is does do is add a slightly different slant in how to run offline aspects of a business starting with IM, and in that it is worth the read. It’s pretty short and to be honest it is padded out a tad with images, but surprisingly some of the images do helpfully illustrate the text. It’s not going to change your world by itself, but it’s worth reading. Get your copy now, IM-Myth report.

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ScriptDojo, Internet Marketing made simple

October 1st, 2007

One of the big things for Internet Marketers is keeping up with all the scripts, programs and other handy stuff that they can promote. ScriptDojo.com attempts to help you overworked IM’s by essentially giving you an affiliate shop set up and ready to go. Well kinda.

This is another in the long line of Joel Comm sites and as such is obviously designed to make him money, no big surprise there. However if you sign up you can earn up to 100% commissions on some products and earn second tier commissions from affiliates you sign up. So it may well make Joel a bit richer, but it can most certainly help your bottom line as well. You will need to have a Clickbank, PayPal, PayDotCom and DealDotCom account to make the most of it, but you’d have to have at least the first two if you’re in any way serious about Internet Marketing.

At the moment it has a special sign up offer, but even the regular monthly payment isn’t going to kill you and without too much effort you should be in profit pretty quickly. Have a look for yourself, it could be worth your while. ScriptDojo.com gives the details and a chance to sign up.

You can signup for a 30 day trial for just One Cent..

Yes… that’s $0.01

but I don’t know if it will last much longer. You get an affiliate link and the opportunity to earn 100% commissions from anyone you refer to the site. Tell me it’s not worth doing when it only costs that much. Really!

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