![]() |
Click Here to see the latest posts! Ask any questions related to business / entrepreneurship / money-making / life NO BLATANT ADS PLEASE
Stay up to date! Get email notifications or |
#1
|
|||
|
|||
![]() Okay. There are a boatload of internet marketing 'gurus' out there that all promise to show you how to: find a hot target market, research a product, create a product, create traffic, write sales letters, build a list, etc.
All of these guru's have a product that teaches how to market on the internet (or some aspect related to that.) Then you see the testimonials on the sales letter on their website. The people that praise their products are mostly ALSO selling how to information on internet marketing. Is there anyone out there buying this information, and then selling information that is NOT about "how to make money on the internet" or "how to make money"? Are there any markets out there that are profitable enough to create for that do NOT involve showing others how to make money? What are some examples of people that are selling successful information products that are NOT about making money? It seems to me that there are way too many people out there teaching others how to make money. This leads to more people that "teach" others how to make money through the sale of their own info-product. Soon, the only people making money are the ones teaching about making money. Am I right or wrong about this? |
#2
|
|||
|
|||
![]() Adam Katz - http://www.dogproblems.com (Dog Problems)
Erle Montaigue - http://www.taijiworld.com (Martial Arts) And pretty well every "How To" book that is not about making money - How To Tie Knots, How To Sail, How To Make Furniture, How To Make Teddy Bears, and so on. If you are currently in the market for "How To Make Money" info. Then all you will see about you is "How To Make Money" info. It's like buying a car... as soon as you do, you notice how many other "same model" cars are on the road as the one you just bought. Remember also, many people may like to know HOW to do something. And automatically, once you know HOW, there will be a way to make money with this new knowledge. So the seller of the book can kill two birds with one stone by marketing the Work as "How To Make Money [insert skill here]. In other words... How To Raise Llamas will sell fewer copies than How To Raise Llamas for Fun and Profit. Michael Ross Click here for Great Ideas |
#3
|
|||
|
|||
![]() Anyone selling anything on the internet is an example of "How to make money on the internet".
Obviously there are probably too many folks selling products that teach methods of making money that the seller himself knows nothing about from first hand experience. But that's how affiliate programs work... What bugs me is the guy that comes across as a marketing genius when he just got his computer last week. And I'll admit I'm just a little jealous of the "kid-millionaires" who swoop down on the internet like superman and are laughing all the way to the bank. And if this is for real, and I believe at least some of it is, why in the world can't the rest of us "strike it rich"? What IS the secret to internet riches? JDB Discover the underground secrets... |
#4
|
|||
|
|||
![]() > Anyone selling anything on the internet is
> an example of "How to make money on the > internet". Not really. Anyone selling anything on the internet is an example of someone TRYING to make money on the internet. If they stick around for a while, we know thay are probably covering their costs, but we don't really know if they have quit their day job or even make more than $1000/month. My point is that it seems that most of the people that ARE making significant money on the internet are selling info on "how to make money on the internet". How many of these buyers then SUCCESSFULLY go out and make money on the internet with non-moneymaking how-to products? Seems like not too many to me... It seems to me that people still don't often seek out and PAY FOR information on the intenet, unless it is informtion telling them how to make more money. I understand that is naturally going to be in demand, especially in this economy, but what does that mean for the prospective info seller who will not be selling a "how to make money" product? Michael gave 2 good examples of people selling non-moneymaking info (although the tai chi guy's site looked pretty amateur to me). How successful are they? Who knows. But I bet they don't see the kind of demand moneymaking products do... If anyone has other examples or case studies, please post them. By the way, how well does the 'UFO Reports' sell? |
#5
|
|||
|
|||
![]() Bill,
People who buy money making information (assuming it's good) don't become successful is usually because: (to name a few) 1) they never use it. (only 5-10% do) 2) they are lazy. (again only 5-10% really work at it) 3) they want to get rich NOW, not tomorrow, or next week or next month. When they don't they jump to the next "promise." 4) instead of applying the info to their own hobby, interest, or niche, the grass seems to be greener creating another how to make money on internet product. As far as examples of the sites you mention, they are all around you and I know you've read some of these as a member of The Business Fastlane The web is full of niche sites covering hobbies and interests you and I haven't never heard of ...each one selling information or products related to that area of interest. Remeber these I've reported on recently? -a million dollar business that sells socks online -site earning six figure income selling info on how to GAIN weight -a site selling "soup" to the tune over $500k/year -teenagers creating a job site matching teenagers and employers valued at over a million. -you told me about the guy who created a website about Martha Stewart scandal and selling lots of related products. -a couple who earns $300,000 selling cheesy personalized romance novels online. -I recently saw on another site some was selling thousands of dollars month of "cat condos" on eBay. -I've reported several times on my niche photography site that brings in thousands of dollars a month. I could go on and on. One of the best ways to make money online or offline is to sell a product, information or a service in your area of interest...whether it's astronomy or zoolology or anything in between. Or find a need in a niche market and fill it with a product or service. Ron 101+ True Case Studies of Who is Really Making Money and How They Are Doing It! |
#6
|
|||
|
|||
![]() > Not really. Anyone selling anything on the
> internet is an example of someone TRYING to > make money on the internet. If they stick > around for a while, we know thay are > probably covering their costs, but we don't > really know if they have quit their day job > or even make more than $1000/month. I guess I wasn't clear enough in what I said. In defining "making money", do you mean making any kind of profit, earning a part-time income, or a full-time income, or just having dollars coming in from your internet efforts. To some folks, $1,000 a month is a full-time income. To others, $1,000 is pocket change. During one month a few years ago, I received a check for $700+ for one affiliate program that I promoted by making posts on some forums. I didn't use a website...just a computer and an internet connection. Since I already owned the computer and I already had an internet connection, you could say that check was all profit. I've sold stuff on Ebay and made several thousand dollars in the process. Does that qualify as "making money on the internet" without selling money-making info? > It seems to me that people still don't often > seek out and PAY FOR information on the > intenet, unless it is informtion telling > them how to make more money. Someone(?) said the top four categories for products to sell are: 1. How to save money... 2. How to make money... 3. How to lose weight... 4. How to grow your hair back... Choose one of those and you are almost guaranteed success. > I understand that is naturally going to be > in demand, especially in this economy, but > what does that mean for the prospective info > seller who will not be selling a "how > to make money" product? If you have an affinity group (those with something in common with each other and with YOU) and you can determine what they want and you can offer it to them bigger and better than anyone else, you will have a market for that product. You would not have to sell it...it would sell itself. Of course, the group has to have the means to purchase that product or there would be no sense in producing the product. People buy what they want, not what they need. > By the way, how well does the 'UFO Reports' > sell? I'll have to let you know...I just put up the site today. The reports used to sell through mail order in hard copy for $35 for 50 reports. The raw text files are available on the internet elsewhere. I took the files, updated some of them, and formatted them into a nice .PDF ebook. Was it worth the effort? Only time will tell. Be blessed with success, JDB BusinessEbooksForSale.com |
#7
|
|||
|
|||
![]() How to get 75,000 people to pay you
$40 per year. angieslist.com has been around since 1996. It only covers a a limited number of cities. A similar site could be started in any city and turned into a profit center Angies List |
#8
|
|||
|
|||
![]() > Michael gave 2 good examples of people
> selling non-moneymaking info (although the > tai chi guy's site looked pretty amateur to > me). Bill, It doesn't really matter how his site looks to you because You are not his market. His market knows him. Jim Straw's site is amateurish (if amateurish means not being like a fourth generation website like the BigDog sites). But so what? Those who know him don't care how his site looks. Ron mentioned a few things he has covered in his newsletter. We also cover businesses each and every week in The Great Ideas Letter. We reveal eBay PowerSellers, Net-based businesses, offline businesses that use the 'net to increase sales, and so on. Check it out (see the link below). A few years ago, Don Alm mentioned someone who was selling some kind of diploma or course and diploma to the tune of $100k per year. But perhaps the biggest example of a website which makes millions of dollars selling info. is, Amazon. And also, newdentistadvisor.com Single/Dating sites (Ross Jefferies too) Lesley Fountain had/has a "reducing" site - based on experience. www.formerlyfat.com from memory. There are also "Stop Smoking" sites. Get out of Debt sites www.leoquinn.com. And so on. As I said, when you are "in" a particular market, all you see is that market. Michael Ross The Great Ideas Letter - published weekly. Check it out. |
#9
|
|||
|
|||
![]() Thanks for the post, Ron. I think I have just been getting overwhelmed with all
of the sales messages I get from the internet marketing gurus. You are right, there are examples all around. Sometimes we just need to hear more about them. That's why I subscribe to your excellent newsletter. I recommend it highly. It's a great idea generator. I can honestly say it was your newsletter that got me going on some things. And you should see the notebook full of goofy ideas I brainstormed. I am in the process of working on some things. One of them is based on one of my interests, and something that my friends and family all say that I am good at. I keep "seeing myself" on 'Oprah' showing her the info. You never know-great things can happen. > Bill, > People who buy money making information > (assuming it's good) don't become successful > is usually because: (to name a few) > 1) they never use it. (only 5-10% do) > 2) they are lazy. (again only 5-10% really > work at it) > 3) they want to get rich NOW, not tomorrow, > or next week or next month. When they don't > they jump to the next "promise." > 4) instead of applying the info to their own > hobby, interest, or niche, the grass seems > to be greener creating another how to make > money on internet product. > As far as examples of the sites you mention, > they are all around you and I know you've > read some of these as a member of The > Business Fastlane > The web is full of niche sites covering > hobbies and interests you and I haven't > never heard of ...each one selling > information or products related to that area > of interest. > Remeber these I've reported on recently? > -a million dollar business that sells socks > online > -site earning six figure income selling info > on how to GAIN weight > -a site selling "soup" to the tune > over $500k/year > -teenagers creating a job site matching > teenagers and employers valued at over a > million. > -you told me about the guy who created a > website about Martha Stewart scandal and > selling lots of related products. > -a couple who earns $300,000 selling cheesy > personalized romance novels online. > -I recently saw on another site some was > selling thousands of dollars month of > "cat condos" on eBay. > -I've reported several times on my niche > photography site that brings in thousands of > dollars a month. > I could go on and on. One of the best ways > to make money online or offline is to sell a > product, information or a service in your > area of interest...whether it's astronomy or > zoolology or anything in between. Or find a > need in a niche market and fill it with a > product or service. > Ron |
#10
|
|||
|
|||
![]() Thanks for all of the interesting examples, Michael. I think I have just been getting overwhelmed with all of the sales messages I get from the internet marketing gurus.
Like you said, recently, I have been hearing too much about that market, therefore, that's all I have been seeing. Your newsletter sounds very interesting. > Bill, > It doesn't really matter how his site looks > to you because You are not his market. His > market knows him. > Jim Straw's site is amateurish (if > amateurish means not being like a fourth > generation website like the BigDog sites). > But so what? Those who know him don't care > how his site looks. > Ron mentioned a few things he has covered in > his newsletter. We also cover businesses > each and every week in The Great Ideas > Letter. We reveal eBay PowerSellers, > Net-based businesses, offline businesses > that use the 'net to increase sales, and so > on. Check it out (see the link below). > A few years ago, Don Alm mentioned someone > who was selling some kind of diploma or > course and diploma to the tune of $100k per > year. > But perhaps the biggest example of a website > which makes millions of dollars selling > info. is, Amazon. > And also, > newdentistadvisor.com > Single/Dating sites (Ross Jefferies too) > Lesley Fountain had/has a > "reducing" site - based on > experience. www.formerlyfat.com from > memory. > There are also "Stop Smoking" > sites. > Get out of Debt sites www.leoquinn.com . > And so on. > As I said, when you are "in" a > particular market, all you see is that > market. > Michael Ross |
Thread Tools | Search this Thread |
Display Modes | |
|
|
Other recent posts on the forum...
Get the report on Harvey Brody's Answers to a Question-Oriented-Person