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Market Research: Give Your Customers What They Want

When it comes to successful marketing, the biggest problem I see beginners making is focusing on WHAT they are going to sell. Sadly, this is generally a recipe for failure. And the bad part is, this is what makes the most sense. As the quote goes, “build a better mousetrap and the world will beat a path to your door.”

In some instances, this may be true. Some of the greatest inventions of our time were new ideas. From the combustible engine to the IPAD, there weren’t people asking for these things. If you asked someone what they wanted before the invention of the automobile, they wouldn’t say a “moving vehicle”… they’d want a faster horse because that’s all they knew.

So, there is a time and place for stretching your customer and changing the paradigm of their thinking. But, in general, you need to focus not on what your customer NEEDS… but instead on what they want.

Here’s the truth about marketing/psychology/life in general:

People don’t go after what they NEED… they go after what they WANT.

Sure, we buy things we need. Like toilet paper, tooth paste, and mouth wash. (At least I hope we all buy those things! ;) But, most of these type products are bought based on price… not status. These types of businesses are “commodity based” models where ultimately competitors get into a bidding war and drive the profits margins down to 2 or 3%.

So, unless you want to sell basic “need” items for peanut profit margins – what else can you do?

The answer is easy…

Sell people what they WANT!

This is a terrible example, but unfortunately I’m going to use it. Have you ever had the displeasure of living with someone or knowing someone who was addicted to hardcore drugs? They would rather buy drugs than take care of their family, they’d steal from you just to get their next fix.

Reason is thrown out the window – they are focused only on one thing – what they want.

Now, I’m not saying you should go and sell drugs by any means!! ;)

What I’m saying is this.

Instead of starting with WHAT you are going to sell… instead focus on WHO you are going to sell to. This makes life a whole lot easier. Take a look at what is already working, at what people are already buying. Then – sell that.

I know it’s not sexy or glamorous and it can be more exciting to dream up the next IPAD… but trust me, it’s pretty exciting when you see sales popping everyday in your bank account.

So, that’s where you need to start at. Decide what people want by doing proper Market Research. Use the Google Keyword Tool (google that term to find it) and you can see if people are already searching for your idea. And if they are, BAM – you’re onto something.

Should You Start An Internet Business?

Do you want to run an internet business? Or do you want money? I have to be honest, a lot of times people come to me for one reason only – they want to make more money and they turn to the internet to be their saving grace.

So, in this short article, I’m gonna give you a few tips to figure out if this business is right for you or not.

If you are dead broke, in debt up to your eyeballs, and about to be kicked out of your home, now may not be the best time to start an online business.

It’s sad really, how many people go online to get help starting a business when what they really need is to get a decent job, save a few bucks, and create a strategy to change their life.

Now don’t get me wrong. I am not going to tell anyone to give up on their hopes and dreams, far from it. And I’d be remiss if I didn’t say that when I got my “start” on the internet I was definitely not in financial shape. (or physcial shape haha). But, I was able to turn things around with the help of a mentor.

I got lucky to meet her and my life has never been the same. I know not everyone has that chance.

But let’s get back on point here.

WHY do you want to start an internet business?

Is it to work 5 hours a week and make a million dollars? Because I’ll stop you right now and send you on your way. It’s not going to happen. And I hate to be so blunt, but it’s the truth.

An online business is a real business. It takes work, focus, determination, and a little bit of brain power.

I’m not saying you have to be a genius by any means, but you need to have a good head on your shoulders.

Finally, if you say you want to have an internet business… what kind do you want? What do you want to sell? I suggest you create something based on passion, not just potential for profit.

This will practically guarantee you at least keep at it long enough to see if it’s going to work. If you don’t start with passion, you’ll end with failure.

And I apologize for this “negative” post, but I want people to get serious. We are in a financial crisis here in the U.S. and the only person who can help you is you. You can’t depend on other people.

Now is the time to get your financial house in order. Get a plan in place. If it’s starting your own online business…awesome. There’s no better time than right now.

If it’s just getting a better job or saving more money… then start with that. And when you are ready to make the move – make it quick. Don’t wait forever, because opportunity seldom knocks twice.

3 Simple Steps To Internet Marketing Profits

I want to give a quick run down on how you can start making at least part time money on the internet, right from home. I’m amazed as I speak to other people that a LOT of people are catching onto the internet and how it works. Getting a website online isn’t as hard as it once was. Even Grandmas are now signing up to facebook in record numbers.

So, if you’re like most people. You want to make money online without a whole lot of effort. What if there were a way to automate an internet business that brought you in at least $500-$1,000 a month. Does that sound like that would be helpful? Because, with a few little steps you can create an income like that online.

You have to learn a few skills, but it’s NOTHING compared to working a part time job. I think the issue is that most people come to the internet looking to get rich. When in reality, you should be focused on building a part time income. From that point, focus on going full time. Then, you can worry about making 6 figures, then 7…. then retire and go for the house in Fiji.

You get the point.

It’s called the Law Of Progression. And that brings us to step 1.

1) Set a realistic expectation of your goals.

The Law of Progression states that you can’t make your first $100 until you’ve made your first $1. You can’t make $1,000 unless you’ve already made $100. It all starts with that first $1. Then you just duplicate your efforts and go for bigger numbers. So, it’s ok to start small. You should. Stick with what you believe you can do (at first). Then, beat that goal and set something even bigger.

It’s a process you MUST go through to achieve long term success.

2) Get A Website Online And Build A List

This is the one that usually baffles me. 9 out of 10 people I coach come to me WITHOUT  a website. This isn’t good. The difference between an internet entrepreneur and an opportunity seeker is simple. An Internet Entrepreneur has a website (usually MANY websites) and she works on her sites and conversions frequently.

If you don’t have a website, you don’t have a business. At best you have a hobby. That’s why getting a website online is so vastly important to your success. Not having a website is like an offline business not having a physical location. How the heck are people gonna find you?

3) Find SOMETHING TO SELL!!

Call me captain obvious, but I can’t tell you how many people want to start an online business but don’t have anything to sell. If you aren’t selling something, then again… you don’t have a business. If you want to make a profit, you have to sell something. That’s probably the first tenet of business. Selling is important.

A great quote I heard once said, “Until you sell something, it’s all overhead.”

So true.

So, there are 3 simple steps to creating internet marketing profits. Use these 3 steps to get yourself started. The internet is a viable source of income for a lot of people. You have to decide if you’re ready to be one of them.

My Blog Stats 3 Months After Starting This Site

I started this blog back on May 9th, 2010. Since starting it I’ve had 3045 unique visitors. I’ve made thousands of dollars off the blog. . My blog is officially 3 months old today, so I thought it would be a good chance to take a look at my blog and see what things I should keep doing and what things I should change.

I’ve been focusing on sending SOME traffic to this site, but I should say that I have a TON more traffic tricks up my sleeve but I haven’t been using them. This blog has been a sort of test into using only free traffic tactics to see what I can do without spending a dime or a lot of time. Here’s what I’ve done so far in marketing this site.

1) EzineArticles.com

I installed a plugin from Ezinearticles that let’s me submit each blog as an article directly to ezinearticles right from my blog interface. It makes it super easy and you don’t have to deal with going to EzineArticles and doing all that.

On a scale from 1-10, I would give this a rating of 7.

In total, I’ve submitted 13 Articles to EzineArticles.com. This has resulted in 822 page views thus far. My best performing article is one I knew would perform well. It’s called how to make money fast. That article alone accounted for 446 of the 822 views. This is because in the “make money online” internet marketing niche the target market is really out for 3 things:

1) How can I make money online?

2) How can I do it super fast?

3) How can I do it without that much work?

By knowing my target market, I wrote an article I knew would appeal to them. If this blog were my main income source (it’s not), I would write more about this topic because it’s now proven itself.

When it comes to actual results from these ezinearticles page views becoming visits to my site, here’s how it looks:

882 page views – 62 clicks. That’s an overall clickthrough rate of 7%. Not great. I would love for that to be more. This means I need to look back through my article bylines and see which ones are performing the best and use those.

As a result of my article being on EzineArticles my articles have been used in ezine publications 18 times. That’s more traffic, more backlinks, and more exposure. Overall, this has probably been my best traffic source.

2) Forum Marketing

I have been posting regularly in the Warrior Forum. It’s a place where a lot of internet marketers hang out. I’ve had decent results from it. I don’t have exact stats on it, but from what I’ve been watching I’ve probably had about 150 unique visitors from there. It’s not that bad, because I post on there anyway so it’s truly easy.

Also, these people are way more likely to buy my products because they are always in search of new marketing ideas, traffic strategies, or tools to help them in their business. I rank this a 6/10 stars because of the low amount of traffic. But if I posted more on there, I’d get more traffic.

One strategy I do there is to make sure I’m talking in the threads that get a lot of play. I still post in threads that are small, but it doesn’t hurt to stop in a thread that is getting thousands of views.

3) Videos on Youtube.com

Here’s one that I pretty much quit on. I was taking my articles, reading them, and adding the audio to a quick presentation slide. I didn’t track all the clicks from this effort, but I made a total of 221 views off 4 videos.

Looking at it again, this is probably something I should have kept up with. It just didn’t “feel” like it was worth it at the time. I may go back now and add some more videos and keep a close eye on my tracking to see how many visits I get to my blog off it.

My rating here is 5/10 because of the time to make the videos.

4) Facebook Fan Page

Social networking is of course all the rage and I like it. But I’m still not 100% sold on the results of it. I’ve been skeptical of sites like twitter and facebook for direct response style marketing for a while now. I actually taught Twitter at a marketing conference way back in 2007. I may have been one of the first to do that. :)

But, what I do see the value in, is having a decent amount of fans or followers. Since creating my facebook fan page, I’ve got a total of 121 fans. I haven’t run any ads or anything like that. It’s just been word of mouth and me inviting my facebook friends. When I hit 200 fans, I may turn on some ads and see what happens from there.

Whenever I update my fan page, I can count on 2-3 visitors to show up here to read my latest blog post. Again, these numbers will grow when I expand the number of fans. Apart from traffic, I don’t see a lot more benefit to this besides branding myself. That’s what I use it for. It looks good when people check in on me and see that I have 121 fans.

It’s sort of social proof these days. It’s worth having, even IF there aren’t a ton of sales backing it up. It’s good to have friends either way.

My rating on this is 5/10.

5) Twitter Marketing

I don’t go on Twitter. I set it up to automatically update whenever I update my facebook page. Not my fan page, but my personal facebook. Everytime I update my personal facebook page, I get a follower of two on Twitter.

My experience from Twitter so far has been more of a marketer meet marketer experience. So many marketers are on there trying to “get rich with twitter” that they are sort of feeding on themselves. Most everyone who adds me on twitter has tens of thousands of people they are following and they are just trying to grow their twitter follower list.

I’m sure I could do a lot more with Twitter, but it just hasn’t been my thing.

Rating: 4/10

Funny, as I wrote this, an email just came in with someone who just followed me. Here’s their stats:

4715 followers
1400 tweets
following 4455 people

You can see that no “real” person should be following 4,445 people.

6) Social Bookmarking

This is one that I’ve been a little disappointed in. I expected a lot more traffic from this avenue. I actually bought a program called Bookmarking Demon which costs a decent amount. I think around $97 or so.

It works great, but the issue I’ve seen is not getting much traffic from it. The good news is that it’s giving me a lot of backlinks. After 3 months, I have 243 backlinks pointing to my domain. That’s a decent amount. However, it’s not been enough for me to rank yet for much in the search engines.

I usually stumble my best posts and that results in an immediate surge of about 3-5 visitors. Again, not much, but it can all add up. Right now, my social bookmarking efforts have seemed very manual and very slow. I thought that some of my content would have produced a little better response from people.

The reality is that content is king, but when you have a new blog, sometimes it’s hard to get that content in front of the right people. I’m going to step up my bookmarking efforts though and really make sure I go after some keywords for SEO purposes. I think longterm, my efforts will pay off. At the 6 month point, I expect google to finally trust my site and show me some love.

rating: 3/10 for traffic, 10/10 for backlinks

7) Blog Commenting

Almost forgot this one. This one has actually done well for me. It creates traffic and backlinks at the same time. Whenever I leave a comment on someone else’s blog I can almost always count on 5 visitors from that site. It’s like clockwork. If there was one method I would tell people to focus on, that would be it.

I really think you could see great results over time.

One trick I do is instead of putting my name in the name field, I put my keyword. Some bloggers hate this, so look around and see what’s been approved previously before you do this.

rating: 8/10

Conclusion so far:

So far I’ve been averaging 1,000 unique visitors per month. I’ve added 91 people to my email list directly from this blog. That’s about 1 person a day on average. It’s right on par with the 10% optin rate I’ve seen most blogs get.

I have seen a rise lately though because I added a hover ad that displays an offer to opt-in. With Aweber.com, this is something you can do really easily.

With the stats I have now, I am planning on rolling out some paid ads in the coming weeks. Including some banners that point to certain areas of my blog. I’m also (finally) creating a new squeeze page and a new system.

That has been the ultimate point of this experiment. What kind of results can I get without spending a lot of time (and no money) on a blog where I write down ideas and thoughts about internet marketing. Well, now I know.

I also put my blog right up there with the whole “branding” idea. Having a blog helps my brand. It shows that I’m an expert. When I do consulting with other businesses, it helps them to see some of what I’m doing and thinking. And you can’t put a price tag on that. And, as I already said, soon enough I’ll fall into the good graces of google and the traffic floodgates will open wide.

If you’re up to it, share some of your traffic experiments and results.

UPDATE:  You can see part 2 to this post where I answer questions from this blog post. Click here – Blog Stats and Results

3 Easy Steps To Online Marketing Success

I took a week off of my business and traveled to lovely Los Angeles, California. I can’t divulge why I was there, but it was freaking awesome. While I was there, I turned on my computer exactly 1 time. I was gonna write a blog post, but then I never got around to it.

So, when I got home (gone for 7 days, remember) I checked my stats and was AMAZED to see that even though I did no work at all, I still managed to bring in $470.95. Not a life changing sum of money, but for me it really validated something.

This time last year I was working ALL the time. I literally would spend ALL my time working on my internet business. I had a bunch of partners and wasn’t living life on my terms. Now, when my old businesses ended, I had to start over. And that’s what I’ve been doing. Starting over.

And it’s a slower process than I like. Not because what I’m doing is hard, but because I’m making sure I setup THIS business the way I want it. And that’s an important lesson.

I could easily turn back on the same “system” I used to run. And it would work wonders. But right now, I’m a lot more interested in the quality of my life (especially health). So, I am focusing on building a long term business with lots of happy customers. I’m focusing on getting back into really good shape and changing my life.

I’m venturing into other niches outside of internet marketing. It’s really been an awesome year for me.

And I want to encourage you if you’re reading this right now to keep pushing on for your dreams. You can accomplish anything you want. If you want to have your own internet business, let me give you these 3 tips. If you do these three things, you stand a pretty good chance or finding success.

1) Choose A Market With A Lot Of BUYERS

2) Build An Email List Of Those People

3) Email Them With Content and Offers Weekly (Say Hi and Buy!)

That’s it. That’s the real secret. Doesn’t sound very exciting does it? But it works. I’ve been passively bringing in thousands of dollars per month since I relaunched my online presence earlier this year. I’ve committed no money to paid ads and built everything through SEO, forums, videos, social bookmarking, and article marketing.

It’s all about consistency.

I know this post is a little bit rambly, but I had all these ideas in my head and just wanted to get them down. Maybe it will help you. If you are having success with your online business or have questions, leave a comment below.