The Two Biggest Reasons Why Most People Will Never Make A Full-Time Income Online
It all starts when some well-meaning (yet misdirected) person encourages a budding internet entrepreneur to “start in a niche they know alot about”, or base their business around “something they’re passionate about”…
As horrible as it may sound – they’ve unknowingly sent the hopeful entrepreneur down a path of false expectations, poor results and eventually – failure. In fact, the myth of “do what you love and the money will follow” has been responsible for more failure than likely any other influence – perhaps even more so than laziness or a lack of perseverance.
Because the simple truth of the matter is that the only way you’re going to make real money on the net is if your business is based around two crucial things:
1) Large Demand
2) Buyers
In other words – you aren’t going to get rich selling a $15 ebook about growing square watermelons – even though that might be a great passion of yours.
The demand just isn’t there. Maybe there’s a few searches a day on Google for the topic, and perhaps there’s some interest in the online “gardening enthusiast” communities – but you’d be hard-pressed to make even a few hundred dollars a month from ebook sales.
Similarly, you also aren’t going to have a particularly easy time getting rich by building websites about some seemingly “popular” topics like humor, jokes, funny pictures and so on. And while there are a few ways to “monetize” your site (with AdSense, CPA Offers, CPM Banners, etc.), it takes literally millions of website visitors to make even just a few thousand dollars in markets like that.
The demand is huge – but the visitor value is extremely low…
Instead, if you want to make it big online – pulling down an impressive six-figure income – you need to tap into markets with tons of demand, where the majority of the visitors are valuable.
You need to capture tons of traffic that wants to buy something. If you take this approach, you’d practically have to hijack your own order links (or affiliate links) not to make a sizeable income.
In fact – did you know that some affiliates make several thousand dollars daily just by promoting a single product in hot markets? (Just imagine what the merchant is making…)
In some markets there’s actually so much demand that the vendors are quite literally selling over a thousand units – or more – per day. Digital products, with practically zero overhead/delivery cost.
But it all comes back to tapping into valuable demand. In most cases, it takes no extra effort or “skill” to market to a valuable market than it does to struggle along with something you’re passionate about.
These two factors – demand and buying traffic – are what seperate the “wannabe” marketers from the millionaires. Because there’s no real secret – you just need to sell what thousands of people are already buying.
The ball is now officially in your court. Are you tapping into markets with massive, valuable demand?
Or are you struggling to simply make a few dollars occasionally with a business that’s based on your own passionate interests?
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Chris Rempel, author of “Confessions of a Lazy Super-Affiliate”, reveals 5 of his most effective traffic strategies and niche-targeting tactics in full detail at: Confessions Of A Lazy Super Affiliate
Tagged with: affiliate marketing • affiliate programs • home based business • internet marketing • make money online • multiple income streams • newbies • online income • resources and tools
Filed under: affiliate marketing • affiliate programs • home based business • internet marketing • list bulding • make money • newbies • resources and tools
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Hi,
Interesting post. I feel that following your passion will always benefit you. I think on a creative plane of thought so I think principle before precedent. If you think and act in a certain way wealth will come to you no matter what. It all start with the belief factor. What you think is possible and truly believe in, people will gravitate to you. Any of the most successful people were told many times by people that they were selling the wrong product or service and that people wouldn’t buy it, but their belief system created opportunities and immense wealth for them.
Thanks for sharing your insight
Ryan
Cash Gifting’s last blog post..Magnetic Cash Gifting Update
This is a subject that is well versed around the web, but no matter how many times you write about it there will always be many unfortunates who believe they have the right product or passion to succeed. I have been there seen it and have the t-shirt. But hell it’s what we do in life that determines our destiny.
You make some excellent points about product choice and I whole heartily agree that it is better to single out the more lucrative ones.
The biggest problem for a lot of affiliates is information overload, there is so much crap out there, and unfortunately people get sucked in to a false sense of security. For anybody who is holding down a full time job and supporting his or her family affiliate marketing can be a daunting challenge.
For me it’s a building process that takes time and discovery but absolute determination and drive.
Your Success
Bill Masson’s last blog post..Sqip is Live at last
Hi Bill,
Thanks for your excellent comments and I do believe we’re on the same page with regard to affiliate marketing.
I couldn’t agree with you more about all the junk that is out there and causing information overload. After being in the business for a while, you get to learn how to overcome it and sort out the real opportunities. Like you said, drive and determination are key to becoming successful.
Hope to hear more from you in the future.
To your continued success!
Follow me on Twitter:RobertBarry
Hello Rob,
Well thanks for your reply, I will hook up to your RSS.
Be lucky
Will add you to my links Roll
Success
Bill Masson’s last blog post..Surfing the blogosphere