Estimated that about 95% of people fail online, lose money, or never make a penny from Internet Marketing ….. and it’s not just a fictional statistics to get your attention.

internet-marketing-mistakesInternet marketing is one of the fastest growing and most lucrative businesses. This is a great way for those who want to start a small business with little investment, no overhead and able to earn high profits. Best of all anyone can get started in online business right away.

It seems an easy way to make money, isn’t it? Compared with other forms of small business,
actually it really is.

However, failures are still significantly exceeds the number of those who have succeeded in internet marketing. For every story about those who earn $ 10,000 a month on the Internet, there are thousands of people who have not earned even a few dollars. Why do so many people fail, when the potential for success is very high?
So, here is 10 reasons why people fail online!

1. Noncompliance with a plan – No matter what business you are creating, you need a business plan with clearly defined objectives. also what is your exact goals in short term and long term? What steps need to be taken to achieve your goals? You must write your plan and also regularly checked against with it.

2. Unable to work according to the plan – So you already have a business plan? The plan does not mean anything if you do not follow it. It is important to work according to plan every day. Revise, if necessary, but do not deviate from it.

3. Too big goals on early stage  - Many beginners try to do too much and too quickly. You can’t create a final version of the website, or create a new product just over the night, at least from scratch. Start from small and update day by day. It’s also not necessary to suffer with “perfectionism”, just do it well, and if you want you can  improve all later.

4. A lack of knowledge – Can you be an excellent mechanic without knowing anything about cars? To start earning online, you too, need to learn for it. It is best to find a mentor who has already passed this way and start learn from his knowledge.

5. No investments into business – You can run an online business for nothing, but you will achieve results faster and the result will be better, if you don’t  try to do everything for free. You either invest your money or your time. But without the right knowledge it takes a long time.

6. “I have a good product, the customers will come itself” – You can have the most comprehensive and informative website for your product, with the best deals, but if there is not enough traffic to the site, no one will know about it. There are also many ways to drive traffic to your site and the more of them will be used than better is results.

7. A lack of patience – you will not make $ 10,000 a month when you are just started. Internet marketing is not a get rich quick scheme. It takes time and testing to build a permanent Internet traffic and increase your conversion rate of the site. Probably you can get money fast, but it will not be a lot of money! But this business allows you to improve your performance monthly!

8. Choosing the wrong niche – So you wrote that book about “cross stitching underwater” :) , wonder nobody buys it? Very often people create the product first, and then try to find a way to sell it. Find out what people already want, what is their problem and how you can solve it with your product, and only then create it.

9. No uniqueness – Why should I buy your program when there are other suggestions? Stand out from the crowd and be noticed, only this will help to feel confident in the market. Know your competitors and what they are doing, it will help complement or improve your product or find a vacant niche.

10. A lack of commitment – To be successful, you have to strive for success. Behind every success story there are many hours of work and dedication. Set goals and move towards to them, it will not turn to go without errors and falls, but there is no way in a moment turn into marketing guru.
It’s believed that in order to become an expert in the some field  it’s necessary to work in this field  10 thousand hours. And raise the bar of earnings monthly, improve your knowledge, to do that it easier think out rewards and punishments, it diversifies workdays and bring new emotions. :)

And this button below is for them who want to solve their problems, and for action takers.
Also it’s of course risk free to learn new and awesome things about Internet Marketing and
Online business generally! You know what i mean so….

Take care!

- Vitaly Junolainen

 

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Filed under: Internet Marketing