A Real Business
Not A Fly By Night
Many People online try to create fly-by-night
schemes or tactics to make money online.
What these people fail to do is
create a real business.
I recommend that people treat their online ventures as if
they invested thousands of dollars in the business. It is
great that it’s so easy and cheap to create a business
online.
Heck, it may take $400 or so to create a real business
online. However, most do not take this route.
Although it’s so cheap to get started online, unfortunately
people treat it that way… cheap!
I try and act like I invested $150k in my online
business. That way, I treat it like it’s a real business
and not some scheme to make a quick buck.
Many people fall into this category of online
marketers. These people join all sorts of affiliate
programs, and jump from one technique or opportunity to another
– never really focusing on creating a real business, for the
long term.
I believe this is highly important. I hear all the
time advice given out to marketers to stay focused and not jump
around from one thing to another.
Well, this is easy to do. And, if one is not focused
and practicing strong time management skills, it’s even harder
to stick to one thing.
However, if one acts like they invested $150k into their
online business, that’ll keep them focused somewhat on what
needs to get done.
It’s time management and “focused action” on achieving
goals.
If a marketer focuses on creating a real business
and not a fly by night type of scheme, then one can begin to
think long term.
For example, a product that appeals towards bad credit
problems will be a product that will sell for years to
come. The longer this site and business is alive and
thriving, the more successful it should become.
The more articles get circulated… the more links get placed…
the more customers and subscribers… and on and on…
Here is a breakdown of a real business
online:
- A Market
- A Core product
- A website
- Hosting
- An up-sell product (OTO)
- An auto-responder
- Backend Products
- A sales letter
- Traffic
-
- PPC
- Affiliates
- Forums
- Solo Ads
- Ezines
- Press Releases
- Articles
- Blogs
- Mini-sites
- Links
- Ads & classified ads
- JV’s
- Viral Ebooks and bonus ebooks
As the real business is created, then testing and tracking
become important. Also, building the business larger and
larger becomes the strategy.
For example, more articles or more affiliates…
A marketer can then focus on improving the business,
improving the value offered and expand the revenue streams.
If this business was on dog training, the marketer can email
the subscribers and customers with other product offers… such
as affiliate products.
For example, the marketer could email the subscriber base
and pitch a dog-ticks ebook and make money.
This is ongoing by the way. Each week or month, the
marketer can email the subscriber base with a product
recommendation. Thus creating an income stream…
Once the business has been firmly established, the marketer
can then create another business and so on. This will
create even more income streams.
Of course, as time goes on and the marketer looks to improve
the business, then all those software products and expensive
tools can be an investment to increase the effectiveness of the
businesses.
Preparation
Followed By A Solid Decision
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