The #1 Secret as to why 97% of people fail to make money online
Making money online is the ultimate goal of every internet marketer whether you are marketing affiliate products or running a business opportunity. What is it then that makes 3% of people hugely successful whilst others can only look on in envy?
Why do so many people fail?
In summary, the answer is that ‘97% of people marketing online have no real idea of what they should be doing’. If you are one of the 3% of people that are really making money online, then this article will resonate with you. If on the other hand, you are with the majority, then what you will read here should, if you want to change the statistics, really make you think and operate differently.
The main reason I did so well in such a short space of time was that I focussed on getting the basics right, the fundamentals and completely took my eye off what is most people’s focus, making lots of money in as short a time as possible.
How do I do it the right way?
To make money online, you need to follow systems that work and replicate them. Innovation is also great and welcomed but if you continue to build castles in the air with very little or no foundations, the sustainability of your business is at risk.
The success of any online marketing business is building a list and makes all the difference between failure and continued success online.
Any successful online business works in basically the same way – a website is created and focussed on the niche industry you are marketing. You then GIVE SOMETHING AWAY FOR FREE in order to build your list. This is THE most important step that many people (97%) miss out on because they are too focussed on trying to make immediate sales and it just does not work, well not long-term anyhow.
Once you have that list, you need to nurture a relationship with them. You need to always under promise and over deliver each and every time you are in contact with them. You need to provide information of value to them and if, after a period of time, this value is in the form of your products, then you market them to your list.
By nurturing a relationship with your list, you get to know them; you get a feel for what they are looking for – remember the basic rule of economics, demand and supply. If they need something to move their business forward and you happen to have that product, then at this point you sell it to them whilst outlining the value it will bring to them.
Once you understand the power of building a list first and building a relationship with that list BEFORE you do any selling to them (treat people as people, not walking ATMs) then you will succeed in your online business and make lots of money online.
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