Home Index
Why There's Never Been a Better Time
to Start Your Online Business... and the Top 5 Strategies and Cool
Tools You Need to Know About
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 thats been installed on the recipients desktop.
Once your customers sign up, they dont 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!