3 Key Challenges of Making Money Online for Beginners

Dec 30
11:46

2009

Kenny Loh

Kenny Loh

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The concept of making money online is very simple. It is basically earning a commission when there is a successful transaction between a buyer and seller. However, there are 3 key challenges ....

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The concept of making money online is very simple. It is basically earning a commission when there is a successful transaction between a buyer and seller. However,3 Key Challenges of Making Money Online for Beginners Articles there are 3 key challenges for the beginners during the initial startup.

Challenge #1: Finding a Targeted Market and Understand the Needs

You need to understand what the market is all about and what exactly the buyers are looking for. When the buyers go to internet to search for certain information, the action shows there is a demand for a product. If you are able to offer the buyer a good solution by finding a good product, you have a higher chance of making a commission from a successful sale.

Challenge #2: How to Convince the Buyers to Buy from You?

The questions you need to ask yourself why should the buyers buy from you but not from other internet marketers. Or, how do make them feel that your website is not a scam? Relationship building and trust building are important in the internet marketing. Although you do not know the buyers in person, you still have to build up relationship with your potential buyers or offer value add services to gain their trust before they pull out the credit card to purchase online.

Challenge #3: How to Drive the Traffic?

You are not going to get any sales if you do not have any traffic to your website. The objective is to drive as much targeted traffic as possible to your website. You can increase the targeted traffic by doing article marketing, video marketing, blogging, joining a free giveaway event, etc.

There are many different solutions to solve the above challenges but it is very important to have a Proven Integrated System to reduce your trial and error time and to increase your success rate. Go to http://www.im2financialfreedom.com/ to find out more on such proven system.