A Quick Quiz About Internet Marketing Success Factors
November 6, 2008 | By Gary Harvey In Niche Market Finder |
by Gary Harvey
What is the #1 factor that controls how much money you make online?
(A) How much traffic your website gets
(B) How eye-popping your website looks
(C) The product you’re promoting
(D) The niche market you’re in.
Congratulations if you said “product”. You’re spot on.
Yes, you need a good website and you need the traffic, but it is the product that is the #1 decider of how well you’ll do online.
Let me explain why.
You could be selling a product with a low PROFIT MARGIN per sale but even if you sold a ton of them, you’d still wouldn’t make much money. And that’s not what you want.
Or you could be promoting a product with a low VOLUME of sales. Now unless you had a stupendous profit margin on every sale, you’d still be floundering. So that’s not what you want either.
But what if you were promoting a product with a high sales volume AND a high profit-per-sale? You’d be grinning from ear to ear.
That’s why getting the right product to promote is the #1 factor in determining how much money you will make on the internet.
Or to put that another way, the “secret” of making a substantial internet marketing income is this…
Find a hot profitable market where the products you promote sell well and pay well. That could be in a large market or a smaller submarket (often called a niche, thus “niche marketing”) because there is profit in BOTH big markets and tiny niches.
Talking about niches, you might be the major player in some niche that hardly any other marketer has found, but again if there is no product that you can profitably promote, what’s the point? – that’s why answer (D) above wasn’t the right one.
So the great big question now becomes…
How do you find these hot PROFITABLE products?
Luckily for you, there is a site that explains all about how to find hot markets. Cleverly it’s called… http://FindHotMarkets.com
About the Author:Did you know there are more than 58 ways to find profitable products and hot markets? Well, there are. Go see for yourself at http://FindHotMarkets.com. While you’re there, download a FREE copy of Niche Attack. It will open your eyes about how many niche-finding options you’ve got.
Marketing Newsletter to Boost Your Online
Profits for Free!
Your information will never be sold our shared with
Other Related Posts: