Duplication. New members joining the Network Marketing industry in order to make money online are trained in the concept that their upline sponsor/enroller is successful because they have duplicated exactly the same system of prospecting, approach, enrollment, training, development and support as everyone else in the team. Have they now? My experience is that this is lip service and wishful thinking! I spent hours creating a Handbook for new members which contained everything I had learnt, the steps to go through, scripts for approaching people, handling objections and all the rest of it. I couldn't even get people to read it, let alone implement it! Why was that?
Because people don’t want to do these things – they want to do it THEIR way. Its very difficult to get a whole lot of individuals to act cohesively as a team! They act like herded cats … they do their OWN thing!
That’s another reason why this failure rate is so incredibly high! People are left to work alone in a system which was developed for people to work in a team support environment – there isn't one!
But … by far the most important problem of all with this duplication concept is that everyone is duplicating FAILURE! Why? Because 95% of people like you and me who join with stars in their eyes and enthusiasm and high expectations of success and easy riches – fail! So the majority of people you are copying are struggling to survive, have never seen anything bigger than a two figure commission for the return on their investment, most of them have probably lied to you about how much they earn and how many are in their team. It is a numbers game and they all need distributors and they are more than happy to lead you into oblivion!
The second problem is – leads! There is a huge cost here. Free leads are .....Any other lead is expensive, whether you buy them or create your own through pay per click campaigns. This is the most significant drain on your limited most expensive resource I have ever experienced! The Leads Industry is rife with those who want to rip you off by selling you long dead and over-abused names and contact details. Remember the thoughts of wealth you had when first starting this venture, to make money online and not to necessarily make others rich in the process. Don't get me wrong I am not advocating a free ride but you should be given what you pay for. If you buy fresh, targeted leads you should get exactly that.
Most of the leads you pay for have long forgotten what the form was they filled out and have already been hit up by the flood of boring phone calls from people offering everything but nothing they are remotely interested in! That’s if you even manage to get someone to answer the phone in the first place OR click on the link to your flashy website.
As I said earlier over 95% fail in this industry and when distributors, that you spent an inordinate amount of time in the recruitment and training process, leave you for another opportunity because they cannot duplicate - there goes your product volume, there goes your pin ranking and then finally there goes you! But …. If you had mostly customers and all they do is buy product .. isn't that a stable and strong business?
The solution should be obvious by now ….. have a product which is unique and “me too” copy protected or a series of products that are of superior quality at or less than other competitors prices. This then means they are attractive to the customer. AND …. have CUSTOMERS – lots of them and …. less salespersons! Turn the emphasis away from sales people recruitment and find customers instead! What a way to make money online, that's for me!
Make Money On Line Faster
Online business opportunities that allow you to make money from home by selling a product or service online often require you to accept credit cards in order for your home business to make a profit. You can set up a merchant account to make money online faster, but be sure to evaluate your costs before you do.
How to make money online is obviously the first topic to research. If you have decided to pursue an online business opportunity that allows you to make money on line by selling a product or service online, such as the highly profitable opportunity of selling ebooks, then a significant part of your continuing research will be to select a merchant account. A merchant account allows you to accept credit card payments on your website. You are the merchant. You will open an account with a provider. That account is a contract – your merchant account.
Statistics confirm that online customers prefer to make their purchases with credit cards over cash, check or money orders. Since 85% of Internet users have made a purchase online, (most likely from home), not offering the opportunity to make a purchase with a credit card at your website would reduce making money on line for your new business. Website customers do not stay long. You need to learn how to take every opportunity you can for an online sale. You also need to learn how to make a profit to make money online.
How to make money online using credit cards so you can make money online with your own home-based business takes time to research, but it is well worth the investment to learn everything you can about all aspects of online business opportunities. Every piece of information you learn how to apply to your home business is another avenue to increase your profit. Evaluating merchant account opportunities is an important part of your online business so you can make money from home knowing you made your most profitable business decision. Invest in some reading and research, and the profit will be yours for as long as you want to make money from home, and you will keep making more money as long as you keep up with the trends on how to make money online.
How to Make Money Online - Start your Own Blog
There are many ways to make money online, but it is not easy, if you want to be in total control then setting up your own blog is a good way to go. If you are wondering what a blog is, it is essentially an online diary or journal and the name is a shortened version of "web log". If you have your own domain name and website it is very easy to begin. In this article I will cover such topics as what a blog is, the set up process, promotion, why a blog is a good thing to have and we will talk a little about making money from your blog.
The modern blog evolved from the online diary, where people would keep a running account of their personal lives. Probably about 1994 when it started, as we know it, and has become more and more popular over the last couple of years. As of December 2007, blog search engine Technorati was tracking more than 112 million blogs(Wikipedia). That is a lot of blogs, one of the good things about blogs is that they can be as structured or unstructured as you wish. They are cheaper than a website and pretty easy to maintain.
As I said earlier it is easy to begin and there are free services that you can start your blog on via Wordpress or Blogger. If you have your own online business you will be aware that the search engines love fresh content so once you start your blog try to post to it at least twice a week, keep them focussed around your website and your business, this will help your search engine rankings. By getting higher rankings you will get higher positions in the search pages, essentially free advertising. Keeping your content fresh will keep/increase your position with the search engines and gets your readers to interact with you and gives them a reason to return to your site in future.
There are many ways to make money from your blog, and I provide a few examples below:
Google Adsense - this is free to join and easy to set up. The ads will match the content of your blog, Google does it all automatically for you and you will get paid every time a visitor clicks on an ad.
Affiliate Programs – sign up for affiliate programs related to the topic of your blog and display links to those products on your blog. Do a Google search for “affiliate program” + the topic of your blog to find appropriate affiliate programs. Whenever someone clicks through your affiliate link and buys a product, you will receive a commission. If you are knowledgeable about your topic you could also write product reviews to help increase your affiliate sales.
Sell Advertising Space – if you have a popular blog you can charge for this space on your blog. This could be in the form of a text link, a banner or a graphic.
Your blog needs to be "up there" with Google and the like or people won't find you. As soon as you have started to post to your blog, which is promotion for free, you can get others to help the process.
Submit your blog to blog directories – just search for “blog directories” in Google
Ask other bloggers to exchange links with you – you put their link on your blog in exchange for a link on their blog.
Write an article related to the topic of your blog and post it to article directories.
Ping your blog every time you make a new post – pingomatic.com is an example.
Participate in forums related to the topic of your blog. Put a link to your blog in your forum signature.
Finally, the most important thing once you have your blog up ad running is to post regularly to it. This is a free and effective way to make money online. All it really takes is a little time to write you post. Once you get the hang of it it will become easy and will not seem a chore.
"Can I Make Money Online with My Blog?"
Absolutely, I get asked that question all the time. So what is my answer? Well it is really a pretty hard question to answer. How long is a piece of string? I guess you really have to have some idea before you start, you don't really need to know whether you can make money online or how much money you can make, you really need to know how hard it is going to be, what are the processes, whether it will be worthwhile for you in the longer term.
Well let me assure you that you can make money blogging, so lets get to it.
Readers need to be able to find you, competition is making it harder than ever to be successful and if you don't start in the right way you will never attract a single reader or produce one single dollar. These blogs fail, and they fail in a spectacular fashion. However, if you are able to attract visitors you will really cash in on your blog. Now it will not be an overnight thing, you might make some money with some Adsense but it won't be what you are after. It's been heard before and I am sure you have heard it, "The Money is in the List" same as in blogging the money is in the RSS feeds, that will be your list. It's like building an office building, the first thing they do is dig a big hole, and it may take weeks before you see any sign of the building above ground, that is because the foundation is the most important part of the building. Without it the building will topple. Get your foundation right and the rest comes together quickly!
So your blog needs to pull in large amounts of highly targeted traffic and if it is not targeted traffic, there will not be many readers and therefore you will not make much money. In order to get targeted traffic to your blog you must do a lot of research first and it is all related to keywords and how many people are searching for that particular keyword. Free SEO Tools & Search Engine Optimization Software will help you here. This is a magnificent site, http://tools.seobook.com/. Your research should center around keywords that you have an interest in, your niche. It is so much easier to write about something you like doing than otherwise.
Do some research on contextual advertising, sponsorships, widgets, high-paying affiliate programs, all of this will help you in monetising your blog. But don't do any of this until you have identified your niche. Try to pick up some information on piggybacking off other respected web sites and blogs.
Choosing a good theme is also very important, as are plug-ins, there are free themes and there are what are called premium themes. Once you have chosen your theme don't just leave it at that, change the look and feel of your blog occasionally by changing your theme.
Linking is a most important part of successful blogging, develop back links to your blog, use proper SEO tactics, that will really help you make money online if you get it right. Also a final word on social media, optimize your blog for web 2.0 sites, it will help you get lots of traffic.
Blogging platforms is something I haven't touched on and it depends whether you want free or you have your hosting. The free ones have some limitations but at least get you going.
Tags: Make Money Online
