Internet marketing is one of the fastest growing, and most profitable businesses. It is an excellent way for anyone to start a small business with little investment, no surcharges, and high profit margins. Anyone can open an online business within hours. It sounds like an easy way to earn money, but is it so? Compared with other small shops, in the real world, it is actually like that.
But those who fail in Internet marketing are fare more than those who are successful in Internet marketing. For every story you hear about someone earning 20,000 bucks a month, there are hundreds of untold stories about those who have failed. Or just earned a few dollars and then stop.
Why so many fail when the potential to succeed is so high?
1 Failed planning
No matter what business you are running, you need a business plan with well defined and reachable goals. What are your short-term and your long term goals? What steps you must take to achieve these goals? Write your plan, and take a look at it again and again. You have a small business running. Treat it like one.
2 Not follow the plan
So you already have a business plan? Do you apply it? A plan is worthless if you don’t apply it. Work every single day according to the plan. Change something, if it is necessary , but do not diverge from it .
3 Your objectives are too high
Many of those who fail in Internet marketing, try to fast, too much . To create the ultimate web site for dog lovers overnight. Start small , with tips for dog training ‘s and add daily new content. This 1000 + pages of websites have months or years needed to be built , and with you it will be no different .
4 Lack of knowledge
Would you be a successful plumber if you knew nothing whatsoever about plumbing? No. Because in order to be a successful internet marketer, you need to learn internet marketing. Find a successful mentor and a helpful community who are willing to help you,
5 You don’t invest in your business
You will not get support, or get a lot of traffic, only with a free hosting. Often, the best ebooks, scripts, vouchers, or coupons and tools are those that cost money. You can run an online business almost for free, but you will achieve faster and more profitable results by investing in the right tools.
6 “If I build it, they will come “
You can have the most comprehensive and informative website, the best natural health producst. But as long as you do not advertise your site , or investing a lot of time to get free traffic, then no one will know your website. There are many ways to drive traffic to your website. You should use several of them .
7 Lack of patience
You will not make 10,000 a month overnight. Internet marketing is not a Get rich quick scheme. It takes time, trying out and testing how to build traffic, and increase your conversion rate. In the beginning, you could actually lose money, and at this point, most give up, without giving their business the time to grow.
8 Wrong niche
So you’ve written an ebook about how to weave a basket underwater, and you wonder that nobody buys it? Find a niche, but a profitable one. Too often people only create the product , and then try to figure out how they can sell it. Find out what people want and then give it to them or sell it.
9 No uniqueness
Millions of books have been published about low carb diet, what makes yours unique? Why should I buy your plugin if John ‘s plugin is just as good and he is already on the market much longer than you? Stand out from the crowd and be noticed. Get to know your competitors, and what they do better. Or do something completely different.
10 Lack of commitment
To be successful you must be committed to your success. Behind every successful story, are many hours of work and dedication. You must have engagment, power, and determination when you want to be the next Internet success story.
Print out these 10 reasons for failure, and pin it next to your computer monitor or stick it on your bathroom mirror. Evaluate your online business every day , and make sure that you do not do one of these errors. Proceed in this way and you are on the right way to success in Internet marketing.