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Pt 10 – Top 10 Reasons Why Newbie Internet Marketers Fail

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Pt 10 – Top 10 Reasons Newbie Internet Marketers Fail

And Finally, #10 (and in my opinion – the #1 Reason Why Newbie Internet Marketers Fail) is:

Getting Greedy

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Money. That is the reason 99.9% of internet marketers on doing what they do.  As a matter of fact, 99.9% of ALL businesses are in the business to make money.  There may be one or two here and there that are in it for the “service.”  But even then, if they are not making money soon, their business will die.

The problem most newbie internet marketers have (as I covered in a prior posts) is that many start out in a time when their budget least affords them the opportunity to fail. They may be in between jobs and the unemployment just ran out. Now they decide they need to make some money and make it fast.

Four Weeks to Your First Sale

They go online to research “How to make money online” and, instead of doing quality research in how to set up a quality business (which might take them 30 days or so), they see some scam site that tells them “How to make thousands of dollars in just 48 hours.”  Well, since they need money “yesterday” –  which site do they go with? The one that will take 30 days and $300 or so? Or the one that will take “48 hours” and only cost them $250?

Then, as they get the material from the “Thousands in 48 hours” and begin to read it, they realize they do not have a website, autoresponder, PayPal account, a product or an email list.  So they begin to research how to put those things together.  Now they are out an additional couple of hundred dollars.

So, about seven to ten days into this “new business venture” (and the bills are still needing to be paid), they receive an email for a “done for you” system. It will cost a few hundred dollars more, but at least they will be “up and running in just two days.”  So, they sign up for that.

Sure enough, two days later,  they get the access information and passwords to “their online business.”  It looks GREAT!  Now, they are told, all they have to do is drive traffic to their site.  (How do they do that?  They have no clue).  So now they go and research traffic generation.

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What do they find?  They can have an email list of thousands in no time at all – with this “new system” that is going to revolutionize how to grow email lists. Well, that sounds like something they desperately need. So, they spend a hundred or so dollars on that system.  Then they find out they have to visit blog sites and FaceBook posts and leave comments and wait for back links, etc.

Now, almost an entire month has gone by. The bills still are not paid. They have spent close to a thousand dollars (that could have been used to pay the bills).  They are now really, really desperate.  But, the newbie internet marketer rationalizes, they have a website, they have a small email list (of maybe 50 people)…so they launch…

…and nothing happens.

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Zero money.

Why didn’t anybody buy “my product” or buy “my affiliate” promotion?

The main reason they failed: they wanted quick rewards. They were looking for a quick buck.  They wanted to make some money FIRST, so they could believe it works, before “giving” something of value.  That may work in “brick and mortar” businesses, where you hang your merchandise in the store window and passerby’s will see it, want it, come in and buy it.  The customer does not do the research by going to another store 10 miles way to see if they can get the same shirt for $5 less.  It is impulse buying.

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But, in an internet based business, with literally thousands of different websites possibly offering the exact same product at either a cheaper price (or the exact same price PLUS BONUSES) – a brick and mortar mentality just will not work. 

If you were researching the purchase of a product, and found two websites. One had 750 satisfied customers and the other had zero, none. And the product was the exact same price. Which website would you feel more comfortable ordering from?  This is what the newbie internet marketer is facing.

In Internet Marketing, one of the first things a newbie internet marketer MUST LEARN, is they have to GIVE VALUE before asking for money.  The newbie internet marketer feels if they give value first, they are losing something. But that is a complete falsehood.

As a matter of fact, in most areas of life, if you GIVE first, then you will be GIVEN TO in return!

Think about the “love of your life.”  More than likely, you expressed your feelings (giving your heart – opening up to possible rejection) and then received the confirmation of mutual feelings (and that “phew” moment)!  It’s the same in internet marketing.

It’s also true in your day job (or your regular job). You go to work, often for a week or two weeks at a time – and then get paid. You do not get paid first and then show up at work. It just doesn’t work that way.

Four Weeks to Your First Sale

Well, in Internet Marketing, you work for your “audience” (your prospects) and then get paid on the back end with sales.  How do you “work” first?  By GIVING AWAY good, quality products. Show them you can be trusted. Show them the quality of products you are going to supply them with.

In the process of giving them something first, make sure it is something that will help them solve a particular problem.  Try to teach them how to achieve their goals. Give them some solid advice on their situation.  Then, towards the end of the product (or better yet, in a separate email), promote your other products in that line of marketing.

celine bags For example, let’s say you give them a “Top 5 Way’s to Generate Traffic.”  And you put out a squeeze page where they can provide you their email address in exchange for a pdf report on that subject. Make sure the “Top 5 Way’s” are truly “Top 5 Way’s to Generate Traffic.”  This will provide them with good information they can use NOW.

Then follow up with them. Ask them if they received the free pdf report. Ask them what issues they are having in their business. (Probably their biggest issue is “traffic” since that is what they wanted from you).  If they respond with something else, try to find a product (an affiliate product if you do not have one) that will try to help them.

That is the NUMBER ONE THING – HELP THEM FIND A SOLUTION TO THEIR PROBLEM.

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If you do this one thing (and do it with quality products and in a timely manner), and not try to “force” them into buying something they really do not need – you will begin to receive business orders and even some repeat customers.

But do not try to promote your other products without giving a quality product first. And when you begin to expand your business, send your emails to your existing list first – with a FREE product sample of what you are offering. For example, let’s just assume your specialty is “List Building.”  Offer the “Top 5 Ways to Generate Traffic” and then send the offer to your list on “Traffic Generation.” 

If your first product was “Setting Up WordPress” and now your are offering the traffic generation product – GIVE AWAY your “Top 5 Ways…” pdf to your list as proof you know what you are talking about.  That is how you generate repeat sales from your list.

canada goose By now, you should have a pretty clear overview of the “Top 10 Ways Newbie Internet Marketers Fail.”  If you try your best to avoid these 10 things, your business will become successful faster than most newbies are usually able to get going.  But, I want to leave you ONE MORE THOUGHT…

I want to give you the NUMBER ONE REASON (and the biggest mistake you could make) for failing at internet marketing.  “Failing to take action!”  That will effectively kill your dream of being successful.

But, you do not have to navigate this business alone.  Throughout these articles, I have had links to my “Four Weeks to Your First Sale” site.  I highly recommend it and ask you to do yourself a favor and at least check it out. If you do not think it is for you, that’s fine. It’s not for everybody.  But, if it will help to at least take those first tentative steps to success – it could be the best investment you will ever make.

Here’s to your online marketing success!

Bob Thibodeau

Four Weeks to Your First Sale

Pt 9 – Top 10 Reasons Why Newbie Internet Marketers Fail

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Pt – Top 10 Reasons Why Newbie Internet Marketers Fail

Reason #9: They Lack of Confidence

celine bags canada goose This may sound like a repeat – but it is so important and overlaps in so many different areas, I feel it needs its own category. Lack of confidence will kill the business of many newbie internet marketers.  They begin with some lofty (and often misguided) plans.  As they get deeper into the planning of the business model, things often do not appear as “rosy” as they first seemed.

It is so easy to think, “I will build a website; put some products on there; and sit back and collect the money as people order the products online.  This is going to be great!”  But then reality begins to set in.

The website is more technical than first envisioned and is taking even longer to set up than planned. Then there is the autoresponder (some may ask themselves “What is that for anyway?”).  Then there is the PayPal account. There is product generation. There is the problem of generating traffic. There is web hosting. There is product support. Advertising.

And the list just continues to grow.

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Four Weeks to Your First Online Income

Soon, the newbie internet marketer begins to think, “This is getting far more technical than I thought it was going to be.”  So, one day over coffee, they confide in a friend or relative about what their plans are.  The “friend” tells them about another “friend of theirs who knew somebody that tried that internet marketing thing and lost thousands of dollars.” 

These seeds of doubt begin to take root in the newbie internet marketers mind as they continue to struggle to put together the “perfect” website and business model.

But continued delays only seem to get worse as the newbie internet marketer realizes he or she is not as computer savvy as they first thought. And every time they have lunch with the “friend,” they are asked again “how the internet business is going?  Have you made any money yet?” 

And when they reply “No, not yet,” they get the look (we all know “the look,” don’t we)?

This just erodes away their confidence even more.

In order to do well, in order to hold their head high in their friends presence, the newbie internet marketer needs to launch their business model as soon as possible. 

My recommendation is to launch “something” within in the first 30 days (45 days at the latest). 

Four Weeks to Your First Sale

Even if it is not perfect – at least get something out there!  As I covered last time, test and evaluate, make adjustments and then launch again. Then test and evaluate, make adjustments and then launch again. Then test and evaluate, etc. UNTIL consistent sales begin to develop.

Then STOP testing and launch BIG.  Begin to send MASSIVE amounts of traffic to the site. Capitalize on the new found success. Recoup the money that was initially spent.  Set aside some of the income to upgrade and prepare for the next product launch.

Remember, I covered in the beginning to only buy new upgraded software, etc. with money that was made from initial sales. This is where that can now happen.  There was no use spending money or driving massive amounts of traffic to an unproven system. Now that there is some success – drive traffic and make some money!

Nothing will build confidence quicker than money showing up in your bank account on a consistent basis!  But the newbie internet marketer MUST have the confidence TO FAIL! 

celine bags That may sound wrong, but remember what I have been saying throughout this series, a newbie internet marketer MUST LAUNCH as soon as possible or face the possibility of never launching; never realizing their dream and never knowing if they could have made it or not.

canada goose But, by launching, evaluating, tweaking and then launching again – the time will come with the newbie internet marketer will know what worked and what did not.  Then they will be able to repeat what worked on a faster basis next time.  And make money that much faster!Watch Full Movie Online Streaming Online and Download

If you are struggling with making your first online income – check out this resource I have “Four Weeks to Your First Online Income.”

You can see a video discussing this area HERE.

Talk Soon,

Bob

Four Weeks to Your First Sale

 

Top 10 Reasons Most Newbie Internet Marketers Fail

Top 10 Reasons Most Newbie Internet Marketers Fail

Failure.   The one thing all Internet marketers never want to hear.  And that is understandable…nobody wants to fail, right?  

I have researcheBob Thibodeau SUPER SMALLd the Top 10 Reasons Most Newbie Internet Marketers Fail.  In this series of articles, you will may identify yourself…or others you know.  This series is not meant to be one of condemnation. It is being delivered so you can identify what areas you can improve and avoid the dreaded “F” word!

First, let me state up front that I mean nothing derogatory with the term “newbie.” Everyone was a newbie at some point in time. It is kind of like being a called a “rookie” in major league sports.  Once you have that first year under your belt, you are no longer a rookie. The same for internet marketing. However, a “newbie” could mean a 5 year marketer if that person continues to make “rookie mistakes.”  I am using the term “newbie” in this series of articles simply because most new comers to internet marketing are looking for the “quick buck” and most tend to make the same mistakes…”rookie mistakes.”

So, as we progress through this 10 part series of posts, it is my intention to provide you with the information I have discovered and identified myself with.  I may not have made all of these mistakes, but I have made more than one of them (I can attest to that)!  But I am including a few of the others I have not made (phew!) because I have found there are many people who have made them.

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The Top 10 Reasons Most Newbie Internet

Marketers Fail

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Number 1:  They Do Not Have the Experience

That is pretty clear, right?

Most newbies lack the experience of marketing a product in which they never have a face to face interaction with their clients.  Most people understand about face to face marketing and the art of “smiling, agreeing with the statements made by the customer, etc.”  Internet marketing is a completely different environment. 

Experience in this area is the only way to gain the skill set necessary to be successful.  Does that mean the newbie marketer is already destined to fail?  No.  It means the newbie marketer must make the extra effort to ensure success.

By learning the methods needed to capture the attention of the buyer; learning what the potential preferences are of the buyer; learning the reasons why the buyer desires their product; learning how to communicate the advantages of their product to satisfy the buyer’s needs – all without any verbal interaction.  Only using the written word (and in audio or video marketing as well – but the newbie will never “see” the client).

This means the new internet marketer must make a concentrated effort to study the market; study the products; study the tactics used by the experts.  This takes time and dedication. It means admitting you do not know everything. It means admitting you cannot do it on your own (as least not right away). It means accepting the fact that immediate riches will probably not be flooding into your back account right way.

Now, there are exceptions to every rule. But those exceptions are few and far between.  But most newbie marketers (myself included when I first started out) think “they” will be the exception and will reach financial independence ahead of their peers. This mindset will almost always result in discouragement and failure.

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What are the ways to overcome this “Inexperience Factor?”

Probably the best way to gain experience is by “doing.”  That sounds simple enough, right?  But let me explain…

The worst thing a newbie can do is to enter the highly competitive field of internet marketing and think he or she is going to become rich overnight while competing against some marketers who have been doing this for years.  The best solution to this situation is to team up with an experienced marketer who can guide them through the first stages of internet marketing and help the newbie avoid some of the pitfalls that plague newbies and drive them from success straight into failure.

There are numerous places to gain that type of experience and information.  It would take volumes to write about each one. My intent here is simply to make the newbie marketer aware that “you are not destined to failure.”  As a matter of fact, failure in and of itself is also a learning tool.  Thomas Edison was quoted as saying, when questioned by a reporter as to why he was not discouraged after failing 10,000 times in making the light bulb, his answer was, “Why should I be discouraged? I found 10,000 ways it would not work!” 

So it is with gaining experience in internet marketing.  You can go the way of 10,000 failures on your own, just so you know not to try it that way again…or you can read about the one or two ways a person who has had success did it…then follow the same path. I’m not talking about “copying” the person (though some advocate that). I’m talking about seeing what your comfort zone is; I’m talking about what “clicks” with your personality, experiences, desires and goals. 

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Not every method works for every person.  If you examine successful marketers, almost all of them utilize the fundamentals but then they tend to specialize in certain areas.  Take, for example, a football team.  You see the players all decked out in their uniforms and you can rationally say about any one individual, “He is a football player.”  And that statement would be true.

But if you look at the individual players and analyze their strengths and weaknesses, you soon realize that some of them weigh 300+ pounds.  That person probably is not a wide receiver or a running back. Most likely, he is a lineman. Another is short and lanky and you see him out kicking field goals all practice long.  You see a player throwing balls through tires hung at different levels and different yardages – he is probably a quarter back.  Each person has a unique set of skills they bring to the “football team.”

So it is with internet marketing.  You may not be cut out to be a marketer in the self help niche. You may be more of a hands on type of person who enjoys working on cars or building houses, making you uniquely qualified to assist others in that niche.  People looking for information on “How to fix their car” or “How to remodel their kitchen.”  Others may be more uniquely qualified to give “relationship advice.” Others on “How to build a website.”

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You see, there are 1,001 different ways (actually more than that) to make a living as an online marketer.  YOU have a special skill set that somebody needs to know the experience you already possess in that area.  You need to sit down and ask yourself (and give an honest answer), “What do I know that other people ask me about?”

It could be anything from repairing a clogged drain to fixing a car engine; from hanging dry wall to installing landscaping.  Whatever you enjoy doing; whatever you are always helping someone with; whatever people are always seeking your advice on – these are the areas you need to focus.  This is probably going to be your niche market.  This is the area you will probably be the most successful.

As we continue this series, you will find other reasons of why newbies seem to fail at internet marketing (at least initially).  The successful ones will identify what they did wrong and begin to take corrective action to put them on the path to success.

I have a membership site that is assisting internet marketers in this area.  “Generating Wealth” is not a “get rich quick” scheme. It is a systematic program designed to teach you, step by step, how to go from “newbie” to “making money” as quickly as possible. There are no “make 10K in 90 days” plans or anything like that. It is simply a support and training system that helps you identify your strong points and how to capitalize on them in order to be successful in the Internet Marketing Business.

Click any of the tabs contained in this post or click here to get more information.

Talk Soon,

Bob

PS:  Check out the YouTube video for this post:  Pt 1-Top 10 Reasons Why Newbies Fail