Monday, May 14, 2012

How to Make Money Online: 5 Mistakes to Avoid

Making money online is not rocket science. Thousands--maybe millions--of individuals are making a living from their online endeavors every single day. However, finding a way to support yourself financially through internet marketing is also not a "get rich quick" scheme. It does take some understanding of the rules of the game and you do need to develop some awareness of the landscape. There are five common mistakes that beginning and intermediate marketers make when trying to build an online empire.
1. Your Niche is Overly Saturated
Finding and filling a niche as a marketer is the first step one must take to make money online. However, all too often, people want to fill niches that are already overly saturated. Cameras, electronics, weight loss systems, and strategies to stop smoking cigarettes are all areas that immediately draw people to the net. They think they will make millions with these niches. Yet these are among the most populated in the online game. Although, just because the niche is full still doesn't mean that you can't make money. You might want to figure out a new angle on an old niche or you simply might want to look elsewhere.
2. Your Keywords are too Common
Too broad a niche and keywords that are too common will kill your energy. This is learned by most of us in the first few months--and sometimes years--of trying to make a living online. However, there are just as many keywords as your mind can imagine. Increasingly, people are paying more attention to the "long tail" of search terms. The "long tail" describes very specific searches that people make. For example, while a common search term might be "how can I lose weight fast," a query that is considered long tail might be "starting a diet program on Tuesdays." (I am merely bringing this up as an example). So step away from common search terms.
3. Lack of Knowledge
When I first started this game, I didn't have the slightest idea about significant aspects of this world. I had no clue what SEO stood for. Even when I discovered that it was an abbreviation for search engine optimization, I was still confused as to how to translate that knowledge to real results. Additionally, I refused to follow the advice of those who came before me and I neglected to develop a list. I didn't pay attention to CTRs, backlinks, or the power of social networking. Lack of knowledge killed me. Don't let it kill you.
4. Lack of Focus
Focus is the key. If you want to succeed at this business, then you need to develop a plan and stick with it. All too often I see people who have a little bit of energy and a little bit of knowledge and want to apply it to everything and anything that comes into their minds. In the end, they have registered fifty different domain names, advertising fifty different affiliate products, but have not spent any time on figuring out how they are going to grow their list or develop significant traffic. Focus is the key. Figure out one thing. Work on it and succeed. Once you have reached a pre-developed goal, replicate your strategy. Roll out your business slowly.
5. Lack of Follow-through
Burnout is incredibly high in this world. Don't let it happen to you. So many aspects of this life can be automated that burnout should not be a significant factor in leading you to decide to throw in the towel. Develop a plan and stick to it. Decide to give yourself three to six months to see the results of your endeavors pay off. Making money online is something that absolutely anyone can do.
Are you interested in figuring out how to increase your income by implementing a sure-fire strategy for success? Are you interested in avoiding these five mistakes and learning how to successfully follow a plan of action to increase your income?
Then head to [] where Jay Monroe discusses a strategy that allows him to make great money online.
Article Source:

No comments: