Time for a new money making tips discussion.

Canada
October 9, 2008 3:09pm CST
What does a person need for an online business to survive? I think the number 1 thing a person needs is very targeted traffic. If you do not have any targeted traffic, whether you are looking for referrals or are promoting an affiliate product, you are fighting an uphill battle. And target alone will not make you money.. if the person is not looking for a gpt site or ptc site, then there is no point to try to get them to join, but if someone is looking to make money online and you are able to put that spin on the product and find people looking for that, then you will have better success. But let's face it. Do you know how many people are advertising "make money online?".... Well, I will share that 673,000 searched that phrase in google in the month of September, but 11,700,000 websites are advertising that... So, I guess that phrase is not targeted at all if you have to compete with almost 12 million websites!! So I think the biggest tip is to find a niche... an angle that few people are using to advertise your programs and products.
2 people like this
5 responses
@satyakam (1112)
• India
9 Oct 08
Hi friend thanks for the information and the important discussion ,lakhs of sites are offering information about online income but how many genuinely getting online job or can make online earning.Another thing i want to ask about the meaning of "Niche website".
1 person likes this
• Canada
9 Oct 08
Niche simply means it is very specific. You are selling one product to a specific group.
2 people like this
@satyakam (1112)
• India
9 Oct 08
Thanks but dont u think earning from niche is difficult?
1 person likes this
• Canada
9 Oct 08
Not at all. Why would tha tbe difficult? I think trying to find someone by using the words "make money online" is hard. I think niche selling is the only successful kind... Unless you have a known brand.
1 person likes this
• India
10 Oct 08
hi what are saying is absolutely right and the things you are revealing are true to maximum extent. we need to do lots and lots of research to know how to attract traffic to our website. happy mylotting
1 person likes this
• Canada
10 Oct 08
I'm happy you agree. :)
@coffeebreak (17820)
• United States
10 Oct 08
Throw in the fact that things change almost monthly and "word of mouth" is often the best way to find some things out! I always wonder "when does the research stop so I can start making money?". How much time do I spend "researching" and how much "putting the research into action" . Just about the time I fiugre out how to make it work, it has changed and now either I don't have to do that anymore or the site template does it for me or theres a different way to do that now! Which is fine, no sense doing the work for something that does it for you, but I just learned how to do it, and now have no use for it!!!!
1 person likes this
@jackgym (276)
• Australia
10 Oct 08
Yes, targeted traffic is one, also an online business needs support from the person who introduced you into the business. If that person can't show you how to find targeted traffic, or where and how to enrol people, or at least show you growth in a reasonable amount of time, your business will not survive. You cannot do this alone, you need a teacher who is also going to become you friend and not just a business acquaintance.
• Canada
10 Oct 08
I pay a monthly membership to the number one online money making forum. I do not need one person to teach me because I have a forum full of people who make some great money each day and month. I have emailed millionaires and have had them overlook my campaigns and give me pointers to improve the campaign performance and make more sales. But I agree, there is not point to keep trying alone when someone else had already made all of the mistakes for you.
@coffeebreak (17820)
• United States
10 Oct 08
I firmly believe in "learning from someone else's experience". IT is one of the best ways to learn! Whynot hear it from someone that has been there, instead of reading what a book says about it. BOoks can only say so much, but in life, things change and you have to accomodate - books don't do that. There are so many groups and lists and clubs to join for free where there are those that will help and you can learn from others - like here at MyLot -I have gotten somuch info here!I am on a few other group/lists and we swap ideas, exeriences and help each other - and just cause I am not having that problem right now, I read them and learn for the time I might have the problem or to do differently so I don't get that problem. I have come as far as I have, and granted it dont' pay my rent, but it has saved me in a few areas - and got there for "free" and just the help of others. I have joined newsletters and things like that but they are so structured that I couldn't make them work for little 'ol me! Moral of my story: nice if you can get it, but when you can't just check out what is out there for free!
1 person likes this
@g3n3j0rd (721)
• Philippines
11 Oct 08
Wow, this thread of discussion is full of golden nuggets of wisdom regarding making money online, target traffice (or niche) and affiliate marketing. I'm into affiliate marketing and have been promoting some products in my own blogs but I have no luck on them . I never made a single sale. If you could give me some links so that I could study the stuff you've been mentioning here, I would greatly appreciate it. I'm adding you as a friend (if I haven't done so) and hopefully, you could help me (at least with links to those information on affiliate marketing). Thank you!
• Canada
11 Oct 08
I'm happy you find this valuable. I wish I had figured this out a year ago... I wish someone had shown me how to get visitors to my site... and not just any visitor, visitors who want to see your product or whatever it is you may be selling. If you go to my profile you will see the link to a website I just made yesterday. It is for myLotters like you that want a little bit of help but do not have finances or do not want to commit finances to learning this. when you are on that website, there is a place where you can enter your info and learn tricks about keyword research. I wrote it all myself and am certain you will feel much better and know how to get people to your site FOR FREE!!! Also, feel free to message me any time about it. I wrote the series for a women's online money making group and the example I used started receiving targeted that week. COOL!!!
@ddp_dev (184)
• India
11 Oct 08
all the things you have told are right but problemis that can you give a site by which i can earn more and also earn a more amount of money and spend less time to earn more money on internet.
• Canada
11 Oct 08
I'm afraid I have spent a lot of time learning how to earn online. Feel free to visit my profile if you would like to learn more.