Archive for the ‘Internet Marketing’ Category

The Internet marketing industry is an isolating career at times. You work from home, usually on solo projects, and except for the occasional forum and chat room participation, you don’t have the opportunity to interact with others.

Some newbie ‘net marketers take it to an extreme level of isolation, never branding their name, watching forum posts from the sidelines, too scared to put themselves out there for judgment in the marketplace.

But networking will help you make big gains as an online marketer.  First and foremost, it helps you brand your name in the marketplace. You’ll always want to participate in the Internet marketing niche, even if it’s not the niche you’re making money with.

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If you have your own product, launching an affiliate program is a necessity if you want to reach your full profit potential.  Even if you manage to control a massive 10% of your entire niche market on your own, that still leaves 90% of that niche’s traffic on the table.

By setting up an affiliate program, you can harness the power of having other people make money for you.  Instead of spending your time promoting your product, you can let other people do it for you while you spend your time forming JV partnerships, developing new product ideas, getting new products created, and taking care of other tasks to grow your business.

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Joint ventures (also known as JVs) are partnerships between two or more people, usually with the purpose of cross-promoting products.  There are various types of JVs, and what you offer your JV partners will depend on what you have to bring to the table, and what you’re looking for in return.

Most JVs are really affiliate relationships.  You have a product – your JV partner has a forum, website, or email list.  Your JV partner sends an email to his list about your product, or puts an ad on their website, blog, forum, etc.

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AdSense can be a fantastic moneymaker.  There are many people who make thousands of dollars per month through AdSense alone.  Hearing this may get you excited, and you may already have dollar signs in your eyes.  But don’t get your hopes up just yet.

Although you’ve probably heard about people who bring in five or six figures per month with AdSense, you need to keep one very important thing in mind.  In order to make that kind of money with AdSense, you need to have a ton of traffic.

In fact, most people who make more than $100 per month with AdSense either have a very large website with thousands of visitors per day, or they have dozens, hundreds, or even thousands of smaller websites.

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Making affiliate links is very easy. First, you want to go to the site and register for a free affiliate (or associate) ID.  On ClickBank, they call it a nickname. On Amazon, it’s an associate ID, and on PayDotCom, it’s your affiliate member username.

On ClickBank.com, you’ll go to the marketplace, which is the link at the top of the page. Enter your keyword(s) and find the product you wish to promote. You can view pitch page to review the sales letter, but click Create Hoplink when you’re ready to get your link.

Enter your ClickBank nickname and click, “Create.”  You’ll see two options, as shown below:

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In the world of Internet marketing, there are a lot of unethical money-hungry scam artists preying on those who are ignorant about the industry.  They know you’re new, and they know you won’t realize you’ve been suckered until it’s too late.

So how does a newcomer to Internet marketing safeguard his or her pockets from the greedy, self-indulgent scams of an unscrupulous marketer?  First, you want to do a bit of background research.

If you land on a page where someone has recommended a course or tool that you feel will help accelerate your Internet marketing earnings, don’t buy on impulse.  You might regret it later and have to ask for a refund, or suck up the cost if no guarantee is offered.

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Every good marketer knows how important it is to increase the lifetime value of the customer.  It’s much cheaper to make a sale to a previous customer than it is to get a new one onboard.  The cost of acquiring new customers can be high, but getting more money out of existing customers won’t cost you a penny.

Building a backend to your business isn’t hard but without one, you’re limiting your financial potential.  A backend is how you continue selling to an existing customer. Let’s say you sell an eBook on how to make money blogging.

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