Reasons Why Most of Us Fail on IM industry

by cheexy
16 replies
Warriors!
As i have been in the IM industry for two years I failed achieving most of my dreams as a marker and I never earned much as I expected comparing myself with others. After a long period of reading IM books and online marketing courses with no good results I decided to research about it. And here are my findings....

1. TARGETING AUDIENCE THAT IS TARGETING YOU
What I simply mean is most of us would rather believe as they have knowledge on online marketing, they create tech sites/blogs with tutorials related to how to make money online or rather promote products/services related to such, you could just prove it by checking everyone's Signatures on the forum. That lady with no experience or knowledge on IM or web design gets viral in two month with a simple blogger blog on 'baking cookies' that is not even optimized for SEO. The reason you cannot just sneak in the success is because there is a huge competition that you can't even win so it's for the best to avoid competition.


2. PROMOTE ON INAPPROPRIATE PLACES.
You search for pages/groups and join on facebook about how to make money or any such, while the group/page is spammed with over 100 links every hour, do you think you can promote there? You do the same by googling for blogs related and you find same masses busy spamming and want to put you link too! Well it won't really work.


3. COPYING OTHER'S IDEAS OR CONTENT.
You saw a new website/product attracting masses and you want to copy and become big , the worst thing to do is promoting where the original content is being promoted.

So my conclusion is to try hard find something that is you have never seen on the net create it, that might be almost impossible but you can still find the least and check the if there is a way to sneak in. It doesn't matter how much knowledge you have if you can find what is useful and was never offered before.

Warriors I hope this opens your visions.
#fail #industry #reasons
  • I think the #1 thing is overcomlecating things if you have a stupid thing work x just sell it for x-1 wtih bonus 1 and 2 and you will make money. Don't question why just do it and 99% can't, so don't be the 99 be the 1.
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  • Profile picture of the author Chris-
    Yes, those are problems.

    By far the biggest problem for newbies in IM, in my experience, is believing that every "IM method" sold actually works if you do what is written. That leads to lots of disappointment, anger, frustration etc.

    While some IM methods certainly DO work, there are plenty that do not. What is really going on starts to become obvious when you read the method of a new IM method, that's only started selling that week, and the writer lists sites that "he uses every day" to make the quoted amount of income, and some of those sites have been down for several years.

    One IM course I bought was a bit complex, so someone started a forum to help people understand how to do it. There were 88 people on that forum, and the writer of the course used my website as an example of how to do the method "perfectly". Not one single member of that forum could say they actually made a single cent in profit after a few months, and the title of the IM product was a statement of exactly how much money you were "guaranteed" to make in an exact amount of time which was a lot less than that

    So, do I wish I had not bought that course? NO ! . . . for a small expenditure, I learned several useful things, including some things NOT to do (like get a new website added to 400 RSS aggregators!), so it was definitely worth it, if bought with the attitude that it is a LEARNING experience, not a guaranteed method to actually make a profit.

    After learning a few bits from that course, and other bits from other courses, at some point I knew enough to make a profit in IM.

    So, treat all IM info as something to learn something from, don't believe anything except the results that YOU get in reality, and be aware that things change rapidly on the internet, so even your own results today are no guarantee of what will happen tomorrow (especially if you are trying to cheat Google, or similar).

    Also beware of logical assumptions. For example, I got an affiliate method working well on a few small websites that I'd originally put up for a different method, calculated how much money I could make if I expanded. and realized how much better it would be for the customer if alternative products and accessories etc. were all on the same website, to make it easier for them to find the info they need. I put a lot of time and effort into building a big site, only to find that that the results were much WORSE (and then made the mistake of following the exact advice on one of the "best" courses on that subject, which resulted in my site being de-indexed entirely, but that's a different story!). I had assumed that providing information in one place, as that was better for the people reading my site, would get me more traffic, but learned that Google gives more traffic to small tightly-focused sites than a big one with all the same content. So I then had to move all the content from the big site on to smaller ones!

    So, find some IM methods, treat them as learning experience only (don't expect to get what they promies), take some action, see what happens, keep learning, and test EVERY assumption!

    Do that and you will at some point know enough to make a good profit in IM

    Chris
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  • Profile picture of the author gluckspilz
    Everything was "Alright" until your conclusion...

    Don't reinvent the wheel. You do NOT need to find something that is NOT seen on the internet.

    Just make your version better...
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    • Profile picture of the author Sebastian Gomez
      Originally Posted by gluckspilz View Post

      Everything was "Alright" until your conclusion...

      Don't reinvent the wheel. You do NOT need to find something that is NOT seen on the internet.

      Just make your version better...
      I agree with you. There are already thousands of people making tons of money online. The easiest path to getting results is following the steps of successful people.

      Inventing your own methods will only make you spend more effort and time trying to see if it actually works.

      Apart from that, I really agree with everything said before!
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  • Profile picture of the author SkyJarman
    Most people fail because they lose the motivation and ambition to continue when IM has it's slow times.
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  • Profile picture of the author Sarevok
    I wouldn't say it's a lack of skill, ability, opportunity, or aptitude.

    It's always been my hypothesis that focus is what makes people succeed and fail.

    Naturally, there are a million other variables. (Like focusing on the right thing, at the right time).

    But focus is one thing that a lot of people miss.

    Focus on the right thing, at the right time, and you'll statistically increase your odds of success.

    Just my humble $.02, and it's the best advice I could give.
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  • Profile picture of the author talfighel
    Here are some reasons I think people FAIL online.

    1. They don't 100% believe they can achieve success.
    2. They don't have a plan that works.
    3. They don't learn how to master EFFECTIVE advertising online that gets SALES.
    4. Many promote the WRONG programs. (Example: One time commission programs)
    5. They jump from one program to the next thinking that the GRASS IS GREENER ON THE OTHER SIDE.
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  • Profile picture of the author DubDubDubDot
    Use the search next time. There must be HUNDREDS of these "why do people fail?" threads.
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  • Profile picture of the author Matthew Trujillo
    Here's my list of reasons why I think people don't achieve success.

    1.) They don't believe in themselves.
    2.) They don't see the bigger picture.
    3.) They quit prior to achieving success.
    4.) They never take action.
    5.) They've been scammed so they think it all must be a scam
    6.) They are not consistent
    7.) They are stuck on "Get Rich Quick"
    8.) They have the mindset of an opportunity seeker.
    9.) They hop from one program to the next "Shiny Object Syndrome"
    10.) They are stuck in analysis paralysis mode.

    And a list of other reasons, but those are the main reasons I can think of.
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    • Profile picture of the author Rory Wilkinson
      Originally Posted by Matthew J Trujillo View Post

      Here's my list of reasons why I think people don't achieve success.

      1.) They don't believe in themselves.
      2.) They don't see the bigger picture.
      3.) They quit prior to achieving success.
      4.) They never take action.
      5.) They've been scammed so they think it all must be a scam
      6.) They are not consistent
      7.) They are stuck on "Get Rich Quick"
      8.) They have the mindset of an opportunity seeker.
      9.) They hop from one program to the next "Shiny Object Syndrome"
      10.) They are stuck in analysis paralysis mode.

      And a list of other reasons, but those are the main reasons I can think of.
      Yeah I think Matthew sums it up well.

      I think the challenge comes from never ending information and new ideas. These are sent to your email address daily, you see them on forums, you have your owns ideas etc etc. Not many people are able just to stick with the fundamentals and work them.

      But that it what is required. You have to be able to see the big picture, take action daily on the steps that will get you there, and not lose motivation when you haven't achieved your goals a week into the task. You have to see it through.
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    • Profile picture of the author alfa_375
      Originally Posted by Matthew J Trujillo View Post

      Here's my list of reasons why I think people don't achieve success.

      1.) They don't believe in themselves.
      2.) They don't see the bigger picture.
      3.) They quit prior to achieving success.
      4.) They never take action.
      5.) They've been scammed so they think it all must be a scam
      6.) They are not consistent
      7.) They are stuck on "Get Rich Quick"
      8.) They have the mindset of an opportunity seeker.
      9.) They hop from one program to the next "Shiny Object Syndrome"
      10.) They are stuck in analysis paralysis mode.

      And a list of other reasons, but those are the main reasons I can think of.
      I am totally agree with Mathew list.
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  • Profile picture of the author dejaone
    There's only one (major) reason that why most of Internet marketers don't (and never will) make good money consistently: the successful marketers (2% or 10%) will always drive up the cost of doing business. They're willing to pay 5x dollars for traffic or something and still make money while others can't make money even paying x dollars.
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  • Profile picture of the author ellakatie94
    Yes, it is a good idea. Many people fail in this IM industries for many reasons. To be a successful businessman here, you need to select a good niche, then you should target the audience. these are vary important to be the success.
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  • Profile picture of the author flesterking
    Nice tips and suggestions on this thread for the newbies, they can bypass now some of the pitfalls in IM.

    Its all about falling and learning. Experiments are the most important thing in IM industry. This thread covers only 1% of things we are going to face during the journey of IM. The remaining 99% you are going to learn through trial and error only.
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  • Profile picture of the author yossi yagudaiv
    I think that the big newbie problem is not seeing the big picture:

    traffic -----> stage ----> conversion.

    so when he buys a new shiny product - he thinks that the method is getting 'push button' product and he forget the full picture of internet marketing !

    traffic -----> stage ----> conversion !

    The second thing is not treating it as a business. i'm sorry but 90% of newbies are buying by emotions and not because it fits to their strategy- because they are just started (they don't have strategy).

    me for example

    1. I know what is my strategy. I have 3 strategies(3 income sources) and im buying what fits my strategy.

    2. I have a budget (yes-its a business - not hobby) for each income source.
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  • Profile picture of the author BookBetty
    Originally Posted by cheexy View Post

    Warriors!
    It doesn't matter how much knowledge you have if you can find what is useful and was never offered before.
    Just wanted to add that said knowledge is crucial once the thing's been identified. How can someone sell something they don't understand very well?
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