Assessment on When You Start Losing Money in Internet Marketing
Internet marketing is all about earning money, not just earning money but bulking up money with right strategy. But, we often hear people telling that they have lost money in this field rather than earning from it!
Internet marketing is all about earning money,
not just earning money bulking up money with right strategy. But, we quite often hear people telling that they have lost money in this field rather than earning out of it!! Only such news really puts us in times of confusion whether to pursue this or not. I have put together my knowledge on "when someone starts to loose money in this field rather than becoming RICH".
FIRST AND FOREMOST: When someone enters this domain they are with full energy and interest to turn up the entire world towards their side. On one hand having such a high goal will enable to move forward, and on the other hand if they are not giving enough time to achieve that, they are in a trap. This is what I term as FIRST AND FOREMOST SPOT where people start to loose money. But how? Without understanding the exact time and effort it takes to bring success in your internet marketing you think its all a matter of a week or month and within this GOLDEN PERIOD you try to subscribe to maximum number of affiliate programs, get associated with so many affiliate products (in different niches!!!) and follow too many ideas from so many affiliate marketers. This is the very point where many people start loosing their money. Remember, too many subscriptions will never give you success.
HOW TO OVERCOME THIS?: Concentrate your efforts on a single WORK FROM HOME product that is THE BEST in today's scenario and relentlessly follow and keep up with that one product alone. This is the sure way to success. But for how long? Have yourself a monetary target for that product or affiliate program and once you achieve that you are a PROUD SUCCESSFUL AFFILIATE MARKETER ready to increase your income stream and by that time you already know who is bluffing out there and who really suggests ideas for your marketing.
WHEN YOU DONT SEE INCOME: This is the second contributing phase in a
Internet marketing enthusiast's career. Consider you somehow circumvent the first potential money loosing spot and you concentrate on a single product and that single affiliate program, then by now you are almost there. But since you never got your first income from the so called "CONCENTRATED" effort you tend to loose confidence in the product and start for a lookout for another product or affiliate program that would probably help you. This is very rational and a logical thinking but there is something that you need to evaluate before you take this decision otherwise you are in the looser end again.
WHAT TO EVALUATE? I am not going to tell you to evaluate the new product that you are planning to affiliate or the new affiliate program that you are planning to join. Ironically you have to be evaluating the product/affiliate program that did not bring you any income. By doing this you will be able to have a good learning on why you failed and you might be surprised to see that you haven't followed all the mentioned step of that affiliate program or your pre-sales copy might not be converting visitors to customers!!! Once you evaluate and have the results with you, you can make righteous choice. These are the two major phases in a internet marketer's career where money starts to flow OUT instead of POURING IN. Have a good time earning. MY BEST PICK TILL DATE