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Wed 16 Feb, 2005 09:04 am
Any ideas
Method A:
1) You have ideas.
2) You work hard to implement them.
Method B:
You identify a sound investment with a good ROI and throw money at it.
"To make a million start with 900,000."
Either that or innovate (asking others for ideas probably doesn't count).
That was a good one!!....
HAHA !! Raener, that was a good one !!
1. Find a niche - a market that has a following of people with money to spend on their passion.
2. Research the market. Find your competition, how many websites are their for this market? Can you find a niche within that niche? How much are your possible competitors paying for google / overture ads for your keyword or phrase? How many hits are others getting in this niche? etc.
3. Write an ebook or find products that fit your selected niche that you either buy wholesale and sell retail to this market or find products that have affiliate programs allowing you to sell their product and you get a percentage.(ie. Clickbank, Commission Junction and others)
4. Optimize your website for search engines.
5. Monetize your site using adsense, amazon and other advertising that pays you. Consider your space virtual real estate, but keep to a minimum to avoid visitors thinking you have nothing to offer but ads.
6. Keep your page(s) fresh/ refreshed and offer REAL information or products that keep customers coming back.
7. Expect to not profit before the 6th - 12th month. Consider it a hobby or extra cash if it happens.
Some internet marketers say to go with your own passion. This can be advantageous if you plan to write an ebook or report since you would already have the knowledge. But, it isn't necessary.
You can also find a niche, have someone at elance write your ebook or report or someone at scriptlance create a program for you, and you only have to promote the final product.
(I say "only" but there is a lot more to it than that such as the SEO, web design, advertising, not to mention finding the niche in the first place, etc.)
You can make money on the internet. It just isn't as easy, quick or lucrative as some make it out to be.