Let's Start Making Money Online

Wednesday, December 8, 2010

Way To Start Making Money Online

What is the fastest way to make money online?
Many people have asked this question, and the answer seems to be a closely guarded secret. The fact is, there is no secret. It's just a simple blueprint or steps, where each step step followed in it order is the key to make money online.
So, let's get to it.

Step 1: Find A Hungry Crowd

Find out who your customers are. Good internet marketers always start with market research; discovering common problems and providing the best solutions.
Where do large groups of like-minded and passionate people hang out?
Search engines are a good place to start. When you find what people are searching for, you can drill deeper to target specific niches.

Micro Niche Finder can help you find a hungry crowd.

Setp 2: Find The Right Products Or Services To Sell

When you know how to perform Step 1 properly, you can do well. Once you’ve found a hungry crowd, it’s pretty simple to find products to relieve that hunger.

ClickBank.com is a simple source for digital affiliate products for almost any niche. Sign up to become their affiliate and take a look at what’s available on ClickBank Marketplace. Pick a category and sort it by popularity,referral percentage, price or commission. Find deep information about the products in that category including instant affiliate links and the ability to click through to the vendor’s web page. Other affiliate programs exist, such as Commission Junction and PayDotCom, but I always see ClickBank is a great place for beginners to start making money online.

Read what The Affiliate Code is....

Step 3: Put Together Your Tools

Okay, you’ve found a profitable niche and you’ve got a product. Next, you must do is to put together tools that will allow you to communicate, manage and profit from your niche.
So, what these tools are? These are the tools that you need to make money, appear professional and start your business online.
  1. A domain name – this is your business address in the cyber world.
  2. A hosting account – a third-party company to handle all the technicalities involved in keeping your domain up.
  3. An autoresponder – this is your communication channel. It allows you to create “a list” and build a relationship with those individuals.

People tend to get stuck here. Technical issues scare many folks who aren’t technically inclined. The good news is that you don’t have to be technical at all. In fact, you don’t want to be. You’re the marketer, not the system administrator. So, we’ll tackle these things with my recommendations.

When looking for a new domain, I go to GoDaddy.com and search for various available domains
based on the words relevant to my product. After I find a domain I like, I register my domain there. GoDaddy.com do a great job of managing domains.

Now that you’ve got a domain, you’ll need a host. This is not as complicated as it sounds. There are thousands of hosts out there priced from $2 per month to $200 or more per month.

As an affiliate marketer, it's highly recommended to get a host with some specific criteria:

1) Host an unlimited number of domains. Why? Guess what – after you put up your first niche market domain and begin selling products specific to that market, you’ll want to do another. Once you have two income producing domains, you now have the elusive multiple streams of income we hear so much about. And you’ll be hooked. You’ll want more streams and fast.

2) As much storage space as you can get. More space equals more room to load products, domains and websites.

3) As much bandwidth as you can get. This is probably more important than storage space. Bandwidth is the amount of data transfer.

4) Unlimited email accounts. You must have e-mail. A good host will make your e-mail management a breeze. You can manage as many e-mail addresses as you want.

5) Great support. This is essential, having a person behind the host who will help you quickly and personally is important. Your host is a very important relationship and make sure you choose carefully.

I highly recommended HostGator to you. Check out HostGator here...

What is an autoresponder? And why do you need one?
An Autoresponder is a program that automatically answers all incoming emails (sent to a certain email address) with a pre-written text (response). It is very convenient for those who receive emails that require immediate answer but cannot be answered straight away due to some reasons. You need autoresponder to send your messages on a regular basis to people who have opted in or subscribed to your list. Why?

As people subscribe to your list, you’ll have loaded 20 to 100 sequential messages over a longer period of time to automatically build your relationship.
I count on AWeber. They’re pretty good at it averaging more than 98 percent deliver ability.

Check out how to open an account with AWeber here...

Step 4: Building A List

What’s next is start building a list. After all, building a list is the most important key that allows most internet marketers to make money online. It’s an actual asset that can be sold. 'The money is in the list'. You must have heard it many times. So, everything you do should be geared toward building a list.
But why would your prospect group want to hear from you? Do they know you, like you, or trust you yet? Nope. You haven’t established a relationship with these folks yet.

Your goal is to get permission to talk to them so you can offer them your products as part of the valuable content you dispense. This content becomes the focus of your ongoing conversation. You have to exchange something of value to get permission to begin the conversation. Then, it’s up to you to keep the conversation relevant and respectful.

Set up a squeeze page or opt in page to capture visitors contact info, then offer to visitors an opportunity to get more information by first inputting their e-mail address and name. Getting that information is the entire focus of the page.

Step 5: Bringing Visitors To Your Site

Putting your offer in front of the prospect is your chances to make sale, but before you can do that you need to bring them in. If you don’t have the ability to bring the people to your product, you’ll never make a sale.
There are so many methods to bring visitors, but each and every one…over time…must be addressed. There are two classes of traffic: free and paid. Both are valid and worth pursuing.

Free traffic is a great way to start, but paid traffic, done correctly, can bring a much more targeted and serious prospect who’s already actively seeking what you’ve got.

Download 'Go Traffic' here, and read it. You will get a good idea of ways to start bringing visitors to your site.

Step 6: Using Autoresponder To Follow Up The Leads

Once you get a lead that has agreed to accept emails from you, you must follow-up with them regularly. But it’s essential to write to each person individually. An autoresponder with personalized broadcasting capabilities makes that possible.

Pump in valuable and actionable content into your autoresponder messages. This will not only strengthens the relationship, but puts money in your wallet as you build a deeper relationship. The key to building a responsive list comes down to building deep relationships.

Convert that first conversation into a trusting friendly and personal relationship and you’ve got a loyal, lifelong customer. Your goal should be to continually build as many relationships with
prospects as possible and convert more and more of them into lifelong customers.

'The money is in the list', remember!

Now, to this point, you have completed all the basic steps that you should be able to make money online. You got products, sales pages, opt in page and some tools to help you increase the profit. Don't stop bringing visitors to your site; as you build the list the profit increases.
That's it. I have show you a way to start making money online.
Good Luck!

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