The Core Principles About Making Money With Your Legitimate Online Business

Dec 10
08:56

2008

Steven Fu

Steven Fu

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Find out what are the two important factors you must know to make money online effectively...

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Believe it or not,The Core Principles About Making Money With Your Legitimate Online Business Articles 98 people out of 100 who ventured into a legitimate online business fail or give up in the first year of their online business venture. That's only 2% who will go on and make it a success. Shocking! It definitely is. Why is that you asked? Well, mainly because they failed to understand the 2 core principles of making money online.

Selling and pre-selling is the main key to making money online successfully. There are many approaches to achieving this, but most never really mastered the art of selling online. Let's take a look at a business model called affiliate marketing. A business model all internet marketers must get involved with in one way or the other.

Below I have highlighted the 2 crucial factors you must adhere to if you expect to make money with your legitimate online business as an affiliate marketer.

For one, never sell to your potential customers using the affiliate website. You will have a much better chance with creating a website of your own and promoting affiliate products from it. This is where you have the opportunity to pre-sell to your visitors on the many benefits of the product or products you are representing.

Pre-selling is one of the most important factors to making money online. Building a business online, or any business for that matter needs to have that human touch. Pre-selling is the ability to relate to your visitors and persuading them to buy from you. This has a huge impact on the money that you will make online and to the growth of your business.

The other important factor is, you need to promote your website if you expect anyone to find it. As obvious as it may seem, the number of online business owners who fail to do this is overwhelming. If getting traffic to your website is such a no brainer as everyone makes it out to be, then we would all be online millionaires.

The truth is, you will have to develop copy writing and marketing skills before you can make a lot of money online. You don't need to be an expert in them, but you have got to know enough to be dangerous. Even if you are doing paid advertising you need to monitor your ROI (Returns On Investment). For example, if you are spending $100 for an advertising that makes you $70 in sales, you are actually loosing $30. Then that wouldn't be a wise investment.

There are so many marketing strategies to making money online that it is hard to summarize them down to two specific points. However, if you can work on the above tips, you are well on your way to a successful legitimate online business venture.