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Tuesday, 02 Dec 2008
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The
No-Bull Guide To Making Money Online
by
Stuart Reid
It's
not rocket science making money on the Internet. Once and for
all I'm going to give you a basic plan you can use to work from.
I'm not taking you by the hand, but this is basically the advice
you'll get in countless high-price course distilled into one
e-mail :)
The
secret: You just give people what they want!
You
can charge people for this privilege, or you can give it to
them, and earn from it in other ways. You can create this 'thing'
that people want, or you can get someone else to make it for
you, or you can take a ready-made solution and provide that
to potential customers.
But
first, you need to find out exactly *what* they want!
There's
no secret really. You can write your own cheque if you find
or make a product that solves a common problem, as long as there
is enough people with this problem.
Make
sure the people with a problem are aware of your product and
you're laughing all the way to the bank!
1.
Discover a common problem and provide the solution.
There
are many ways to find out. If you have an e-mail list, simply
ask your subscribers if there's anything they need help with,
or if there's anything they have problems with.
You
can also look in web forums, to see the kinds of problems people
are facing.
Finally
look to current trends. Use a site like Google News to see if
current affairs present an opportunity, or look at Google Zeitgeist
and Yahoo Buzz for ideas; they list the top searches in various
categories for their respective sites.
Sometimes
you can even skip this stage since other people have already
researched what sells. For example, eBay offers a list of their
top-selling items.
Examples:
A common modern problem is the worry about terrorism. Old established
problems include health, money, career, and relationship problems.
2.
Provide a Solution.
Basically
*information* is the solution. You can of course find a physical
answer to certain problems but the cost and complexity of developing
these can be out of reach of most home business people.
Information
is easy to create, easy to sell, and easy to transport. Over
the Internet it can be as simple as downloading a file, usually
an e-book or report.
You
can create this solution yourself. Research the problem and
find answers and procedures that will help it. The Internet
is a great source of answers, yet people are willing to pay
for the convenience of having these answers presented to them
in an easily digestible format.
If
you don't think you can write/create this product yourself you
can get someone else to do it for you. It's an open secret that
there are many people who can create graphics, sites, books
and software for you at a price much lower than you'd think.
Just look to sites such as eLance, ScriptLance etc. Prices can
be cheap because the solutions often come from countries such
as Russia or third-world areas where wages are much lower. Listen
to Mike Filsaime's Outsourcing
Secrets.
Examples:
write a guide about saving for retirement, dealing with health
issues, keeping your family safe, or any one of a number of
other topics. It doesn't matter if these subjects have been
covered before - you can always put a new spin on it.
3.
Make sure the people with the problem can find your solution.
In
essence this involves promotion. This is THE single most important
part to running a successful website.
The
best kind of visitors are people who already know what to expect,
they are known as "qualified visitors". They may come
to your site from an article, a link on another site, or a link
or paid ad at a search engine. With luck these visitors may
even be so hungry for a solution to their problem they will
be "pre-sold" and order immediately.
To
get qualified visitors to a website you need to ensure that
anyone who would be interested in your product would be able
to find it. The first port of call is the main Search Engines,
which nowadays can be boiled down to Google and Yahoo. You need
to ensure your page(s) are "machine readable", i.e.
contain text content, so the Search Engines can make sense of
them. You should also use services like Google's Traffic
Estimator Sandbox, WordTracker,
and the Overture
Suggestion Tool to find relevant keywords that people would
use when searching for a site like yours. When you have your
keywords liberally use them in the main page content of your
website.
Another
good way to get traffic is to ensure your link is displayed
wherever your potential customers would congregate. This could
mean swapping links with similar sites, paying for ads on similar
sites, or posting messages (with your link) in forums and message
boards. You can also advertise offline by placing ads in local
businesses or in newspapers/magazines were appropriate.
Finally,
e-mail advertising still works well. You can purchase ads from
e-zines that cover your topic, as well as build your own list
by offering something of value (like a report) at your sales
site in exchange for the visitors e-mail address.
A
great method of getting your site "out there" is to
write articles, based on your product, that include your link.
You then submit these articles to the various article directories
across the web. This makes you seem more of an expert in your
subject as well as providing links back to your site. Article
submission can be very manual, tedious and boring unless you
use this automation
software.
As
well as traffic that comes direct from your link, these links
back to your site also increase your position in the Search
Engine listings, so it's an important and ongoing step while
promoting.
And
don't forget word-of-mouth promotion. Happy customers will be
happy to recommend you, and freebies such as e-postcards or
free e-books (perhaps a subset of your main product) will often
find their away around the web rapidly.
That
plan above really IS the secret to profiting online. Of course,
I haven't gone into great detail on each step; I'm leaving the
nuts-and-bolts stuff up to you. If I covered every little step
I'd expand this report into a 300 page book, and, of course,
charge for it :-)
Luckily
there are some existing products that can take you by the hand
and lead you step by step through every stage. These are typically
made by gurus for guru-wannabes, but some are really very good.
One
of them is Marlon Sander's Unlock
Your Empire. He literally records his whole life experience
into this CD set which is destined to be a great classic. I
can hardly recommend this highly enough, but it's designed for
those *really serious* about making a LOT of cash with their
business by creating and selling high-ticket products so you
should pay attention to this. For a prelude, download this set
of special
reports.
Stuart
Reid is the webmaster for Netpreneur
Now.

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