What MOST Sucessful Net Marketers Won't Tell You
By rg0205
@rg0205 (2636)
Hong Kong
February 24, 2010 8:28pm CST
So, here I am today, for another discussion on internet marketing. Some of us are here for "extra income" only but I think it's safe to say that for the majority, if there was a way to work from home and get sustainable income, most of us would rather opt for it.
Being that you're on mylot and reading this post, that, tells me that you're either interested in making more money and interested in learning. And, you're on mylot, to make a little bit of money, aren't you? For whatever reason, we all need money to survive. It's a no brainer, so let me move on with internet marketing.
Before we continue, let me say that if you're out to earn easy money --- best stop reading here and move on.
So, we've all seen the digital products on clickbank (most of us have) and online advertisements about making money online and guides and what not, right? Most of the Ads seemingly give out the impression that it's EASY to make money online but once you dive into it, you realize that it isn't.
When I first started off, I wrote articles for some major sites like AC and helium but admittedly, I was not satisfied. Since I am not a US citizen, AC doesn't pay me upfront fees. Helium changed their payment policy on upfront fees and you only get paid if you're within the first 5 people to post on a subject/ topic. Otherwise you just get Performance payments which is like 1.50USD per 1000 views. That bites. For some, that may be good enough (I suppose depending on where you live, too) but, I wasn't happy with it. I knew I could do better.
I also experimented with PTCs but really, it didn't work out for me because it's hard enough to get "organic" referrals and then when you buy upgrades/ referrals, most of the time, the referrals don't click enough for you to get back your investment. If they do, it takes MONTHS. Even a year. Add to that, PTC sites die easily. - Disheartening, isn't it? Even more so when bux.gs died and I wasn't even able to recoup my upgrades/referral expenses but lucky enough, by that time, I was already doing something else.
See, I thought, the internet is such a HUGE market with so many people getting online every single day be it new users or regular users. There MUST be a slice that I can get somehow. So, I did my research. Oh, did it take so much time and effort and tears and sweat. Yes, there were times when I felt like giving up because I'd spend so much money on dumb ebooks that were really worth squat.
After spending a considerable amount of time researching and gathering information as I went along, I learned quite a bit. I'm not a guru, nor do I consider myself to be one but I think I've made great progress in the months that I've been in the whole making money online thing.
What I'd like to share now is just very basic information that most successful marketers won't tell you.
First off, the difference between making "cents" and making hundreds of thousands of dollars monthly is simple. It is the difference between wanting to earn ANYTHING and setting goals on BUILDING your online business to financial freedom.
Now, when I say building your online business, I'm not saying that you should be out there shooting to be the next facebook founder (but you never know, right?) What I mean is, essentially, if you treat your online ventures as a business and develop a proper mindset and plan for it, you are most likely to succeed.
And, we all know, that like anything or anyone that becomes successful, time, money and effort are essential. So, with that said, NEVER believe in "Lazy Marketer", "Dumb Little Blog" catch phrases because there is NO lazy marketer that succeeds and there isn't a dumb little blog that fetches thousands of dollars a month on "autopilot" unless you put the effort to build it. Now, don't get me wrong, a blog CAN very well earn thousands a month, but as I said, it takes TIME because you need to deliver content, value, traffic and do Search Engine Optimization as well.
If you want easy money, I suggest you stop reading this post NOW.
So, now that we've gotten that out of the way, the business vs employee aspect of this money making thing, I would like to discuss something more, which is the cost of it all.
Alright, well, on mylot, you don't need to pay for anything to earn. Same rule applies with PTCs, paid to blog sites, surveys and similar...but, realistically, how many hours can you spend online and is that amount of time worth the money? Can you possibly earn enough in a month from surveys or PTCs alone?
Okay, point of argument - on Neobux there are some who earn thousands of dollars per month but that is only because they dumped a large sum of money in upgrades and referrals and they actually monitor their referrals in the rent/recycle part of it. So as you can see, it takes time and money. Anything does. I must say though, that the knowledge is still confined to PTC. If for whatever reason, Neobux dies, and you never really know so don't give me that "It's not gonna happen" thing, it won't be easy to make a leap towards another PTC site and do the same rent/recycle process simply because PTCs just die out quickly. So what are you aiming for? Pennies or financial freedom?
Redirecting to my point -
Surveys, PTCs, Writing for AC/Helium/Squidoo - they're all great but not very likely to help you quit your day job, isn't it? If you are happy with a few dollars per month, then, great. If not, keep reading.
So, by now, you may have heard of what affiliate marketing is. It's promoting the goods, products or services of another person/ company and getting paid for it. It's sort of like becoming an agent or broker. I would also like to say that it is NOT necessary to have a website to become an affiliate. It is NOT that daunting and scary as some make it out to be. Affiliate marketing is a great way to earn well on the net, quit your day job, too, if you learn how.
Most of us suffer in the "learning" process because the information overload can be overwhelming. You really have to weed through all the crap that's on the net to be able to find coherence but it is only through persistence that you actually learn and discover what's what. Even though it sometimes seems impossible to earn well, don't give up. Just keep researching. Use the search engines.
Essentially, what I've just explained is three points:
1) Financial freedom is building your online business. It isn't just throwing a website together and putting adsense, trying to get traffic to it and hoping someone would click your ad.
2) To be able to build your business, you will have to put in time, money and effort. The expense part of it is also because eventually, if you are really willing to learn, you may end up purchasing ebooks or getting online coaching as well.
3) It is NOT easy to make money online but once you figure out a system that works for YOU and your subject/ product of choice, it WILL get easier.
Many creators of digital products would like to have you believe it is easy so they can sell you a $97 USD ebook and profit from your purchase. The unfortunate truth about that is, it's only natural for us to want things the easy way, thus, we end up buying an overly priced ebook that doesn't really help much. We are taken by the "ease" of making money online that we buy their product, thinking that "this is the answer to it all". --- Well, I hate to burst your bubble, because it isn't. You buy ONE ebook that costs $97 or more but I assure you, it will only contain a small piece of the puzzle. Thus, brings me back to what I said about spending in #2.
Some of you may be wondering why am I still on mylot. As I've explained on my previous/ last post, I actually like it here I also noticed a lot of people struggle in wanting to earn a sustainable income online. I also thought it might be nice to share what I've learned.
Am I going to post payment proofs just to show that I'm doing well? Nope. Why should I? I don't feel the need to. What I've posted here is useful information to some, I hope but this post just goes to show that with persistence and hard work, you, too can get into affiliate marketing and start earning more than just a few dollars.
I'm not sure when would be the next I'd be on mylot, having other things to take care of. However, I will continue to pop by every now and then to say hello to my friends here.
In ending my post I would like to give a few extra pointers.
1) Program yourself with a positive mindset. Know that people who never fail are the ones who never try.
2) Create a realistic learning schedule. Ask yourself and make a list of the things you'd like to know about and learn. Research. Write it down. Save it. Absorb it. Learn it. You minimize your margin of error through education. So, LEARN.
3) Create your "plan of action" and set a "realistic time frame" to achieve it. This can include picking a subject of your interest for a website, starting an ebook, creating a few articles a week to post at AC, etc, to generate cash flow to buy a domain, etc.
4) Monitor your results. This is the only way you will see whether or not you have progressed and what areas you could improve on.
5) Never quit. Always strive to succeed. If you stumble, pick yourself up. Remember that no one succeeds in the first try. You just have to stay persistent and be disciplined. Do not quit.
So, with that said, happy mylotting and play nice, fellow mylotters.
1 person likes this
4 responses
@mlbhag (31)
• United States
25 Feb 10
Thank you for all the information. If I were smart, I would look at your profile to see what your website is all about, right?!!! Thanks again for the info. Since you have "already been there, done that"...are their any training materials you would recommend or steer away from?
1 person likes this
@mlbhag (31)
• United States
26 Feb 10
rg0205,
I am running a little behind in reading my posts (per usual) :) I just wanted to say THANK YOU so much for all of the information you have given here in answer to my question! You put years of knowledge and hard work into a nice synopsis for a beginner. It will be put to good use.
Thanks again and good luck to you in all your ventures!
1 person likes this
@rg0205 (2636)
• Hong Kong
26 Feb 10
Hey there ---
You're most welcome. I've only been in this for less than a year. I just really slaved in front of the computer with every chance I had. :-)
Feel free to browse through my other post which is about the best products to sell online. It's an interesting one for people who are starting out.
Thanks and best wishes.
@redthaidevil (1047)
• Thailand
25 Feb 10
I actually read through the whole post and I totally agree with you. Making online isn't easy and the points you pointed our were the ones I just came up with after doing around 6 months of research. I totally like your style, it is very similar to mine but I'm sure you look like you had more investment though. But hey, if a total newbie to earning online ever gets to read this then hopefully it will enlighten their eyes and hopefully they can learn that online money making requires lots of dedication. There never was a get rich quick scheme which are all scams.
Great post and I will certainly keep on reading your posts. I hope you are successful at what your doing at the moment ( But from reading your post I'm sure you already are ) and hopefully you can guide us to the better good of this internet online making. Thx.
1 person likes this
@rg0205 (2636)
• Hong Kong
25 Feb 10
Thanks for taking time to read my long post.
With the investment portion, I'll be honest and say that I actually am not the "broke and looking for money" internet marketer. I do have a good day job so to speak but what I want is financial freedom - to be my own boss, and I do believe that there is an opportunity for that in internet marketing.
With regards to money, it's also about cash flow. It doesn't matter where anyone starts off, but it does matter where you end up if you set your goals. I have met a couple of people who didn't put money out of their own pocket. They actually wrote articles for others and earned enough to get into programs that can teach you. See, it's also a matter of being creative and having the drive to follow through.
Success, well, I am making money. It's not enough to quit my day job, living in one of the most expensive cities in the world (as rated by Forbes) but, I hope to achieve that level some day. :-)
Thanks and happy mylotting. Best wishes.
@lipstick2009 (1236)
• Philippines
25 Feb 10
Thank you for sharing this , i've learned so much from it.Some i already know but is still not sure whether i was right.After reading this, i am confident now that i made the right decisions about the sites that i stopped working on,
I would like to have the honor of inviting you in my friend's list so i can learn more from you.
I know the struggles and pains of being new in this online for money sites but i can say that im having a good start , thanks to people like you who have been unselfish to share what they have learned.
Thank you and may your tribe increase.
1 person likes this