Do you believe that you can make $5,000 by the end of this month from scratch? Well, many people believe so, but these people are usually newbies who gets fooled into spending hundreds of dollars from "gurus". Now $5,000 a month is realistic if you build your online business up legit from the start, but if you're looking for quick cash by tomorrow, you're highly mistaken.
Many people ask me what I think is the fastest and easiest way to start making money online. And I give them 1 answer: Ebay. Ebay is a site that gets millions of visitor each day all looking to BUY something. You can't beat this math. But some people (including myself) desire a more streamlined business, where I can profit more, and won't have to worry about all kinds of fees in order to sell my products.
This is why I started by own website business. I get to sell what I want, and enjoy nice profit margins at the same time. Also, I get a fair amount of traffic to my site everyday, so I know that I'm doing something correctly when it comes to making my online business a success.
My advice to you is to NOT look for a fast buck. If you want your own website business where you can profit everyday and set your own profits, you can make it happen - but it all depends on your mentality. Some of the most successful entrepreneurs on the internet started out struggling and making only $10 in their first year. But now they're experts, and are enjoying a nice 6-figure salary.
This can be your success story also. Keep marketing, don't go after the fast buck. Build up your list. Keep driving traffic to your website. Do backend marketing. Do some social marketing (Facebook and Twitter), and repeat the process everyday. The more you do to promote your business, the more you will see positive results.
One thing that may throw you off is when you get new customers, but you do so at a loss, or you just break even. First of all, getting a customer is a very important thing to do. 80% of your online business income will come from backend marketing. Backend marketing is simply the process of selling more items to your existing customers.
Here's where it ties into the "loss" of gaining a new customer. If you advertise and you spend $50 on a pay per click advertising campaign (PPC), and you get a sale for only $30, you've just lost $20 in the process. But you shouldn't beat yourself up over this. You should be happy that you've acquired a customer at such a small cost.
You see if you turn right around and sell this brand new customer another $30 product, you've just made a profit, and you recovered the $50 you spent on the PPC campaign. You will have profited only $10, but this is just an example. Depending on the prices of your products, your profits could be higher.
Do you catch my drift here? You can make a lot of money online if you focused solely on the backend part of your business. This is where all the money is, and it's what you should be focusing on. The more money you make with backend marketing, the more your business will grow month after month.
Good luck with your online business today.
the most respected and highly-regarded online marketing experts on the internet. website about internet marketing that helps small business owners learn how to market their business online simply and easily. To learn more, simply visit his website here: Internet Marketing View the original article here
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