Biggest Mistake made by Most Internet Marketers

Ross Cohen

12 years ago

Thank you for the insight.

- The Baboon Yoda

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MonIncBaby

12 years ago

Failing miserably for me happened depending too much upon SEO. My results would be high when I'm sitting in top rankings but then I would cry when I wake up and see my business less than top 500. Capturing my prospects was a big positive because now I can promote by e-mail or direct marketing. Google don't control the outcome of my business. Trust happened overnight when you can give FREE HIGH QUALITY GIFTS. Not some trash another marketer sent to your prospect.

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martimoney

12 years ago

Collect leads! The biggest mistake for me was trying to be an expert before I new the business at all. Also jumping from one shinny thing to the next. Stick to a true business model. Pick one thing and stick with it until you succeed.

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Online Helper

12 years ago

Marti,
Well said. I share your idea.

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entrepreneurjay

12 years ago

Listbuilding, and product creation are the two most important aspects of any successful internet marketer.

And yes I agree 100%

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2 replies

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Dalchow1 12 years ago

Totally agree with this. "Build your list" is undoubtedly the most important thing we should be remembering
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DubDubDubDot

12 years ago

Originally Posted by entrepreneurjay

Listbuilding, and product creation are the two most important aspects of any successful internet marketer.

This is repeated on this forum about every 5 minutes and it is wrong.

If you take the portion of successful internet marketers, probably 95% of them don't even have a list at all. It's just easier to do targeted traffic buys than it is to mess with a list.

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1 reply

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entrepreneurjay

12 years ago

Originally Posted by DubDubDubDot

This is repeated on this forum about every 5 minutes and it is wrong.

If you take the portion of successful internet marketers, probably 95% of them don't even have a list at all. It's just easier to do targeted traffic buys than it is to mess with a list.

Are you serious

? I want what your smoking

targeted traffic buys cost money and some people who are just starting out do not have it.

If your building a list this is the most powerful tool on the planet in my opinion. Where else can you send out to a list of 10,000 people. ( roughly my list size ) and make a lot of money in the process, and it does not cost you a thing? ( Besides monthly fee depending on who your using )

As far as product creation goes if you have a good product that converts well, and you get a lot of affiliates to help you promote it, guess what? Your gonna make a lot of money on autopilot.

Media buying is a good strategy that can be used along with listbuilding, and product creation.

But definitely listbuilding, and product creation trump it by far.

You can build a real business with listbuilding, and product creation. Can you with media buying? You have to really know what your doing or you will be just breaking even or losing money.

It is repeated on this forum every 5 minutes because it is good solid information people are trying to embed it into your heads.

Did I really just have this conversation with you? :rolleyes:

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Chris Silvey

12 years ago

I look at it this way. Stick with a Niche or Product and market it every way you can. List building is an on going task, however most of my purchases come from either organic or through social media. I have a small contact list at present.

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JohnMcCabe

12 years ago

Originally Posted by entrepreneurjay

Are you serious

? I want what your smoking

targeted traffic buys cost money and some people who are just starting out do not have it.

If your building a list this is the most powerful tool on the planet in my opinion. Where else can you send out to a list of 10,000 people. ( roughly my list size ) and make a lot of money in the process, and it does not cost you a thing? ( Besides monthly fee depending on who your using )

As far as product creation goes if you have a good product that converts well, and you get a lot of affiliates to help you promote it, guess what? Your gonna make a lot of money on autopilot.

Media buying is a good strategy that can be used along with listbuilding, and product creation.

But definitely listbuilding, and product creation trump it by far.

You can build a real business with listbuilding, and product creation. Can you with media buying? You have to really know what your doing or you will be just breaking even or losing money.

It is repeated on this forum every 5 minutes because it is good solid information people are trying to embed it into your heads.

Did I really just have this conversation with you? :rolleyes:

What I'm about to say is going to surprise a few people, especially since I'm a firm believer in building lists of people.

DDDC isn't completely wrong.

For some models, especially impulse purchases, a list might not be the right way to approach things.

If you've been to a boardwalk, or the commercial building at a large fair, you'll see the pitchmasters at work. Think Billy Mays (RIP) and the like. They gather a crowd, make their pitch, ring up the sales, and start over again with a new crowd.

Infomercials on TV are the same basic idea brought to mass media. None of them ask you to join a list. At least, not until you buy something.

You can't tell me the Guthy-Renker clan isn't making out like bandits.

Take that model online. Do the media buys, send as many people as you can afford to your offer. Some will take it, some won't.

Other products/services have longer sales cycles. For those, list-building and email marketing are strong.

It's all a matter of picking the right horse for the race.

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louie6925

12 years ago

I think there is a huge percentage of warriors who regret not building their list(s) from the begining! ...............something any noob reading this should take note of! its said so many times on this forum! should be your first focus before moving on to other things! bottom line a list is your your business asset! so important!

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BloggingPro

12 years ago

The biggest mistake made by "most" internet marketers? Easily, not focusing on one method or technique long enough to see success from it. Success takes time, and nothing good usually happens in a "flash."

It's a popular concept that most people only fail because they don't realize how close to success they were.

When I first started nearly three years ago, I became frustrated because nothing I was doing would rank my first site. It wasn't even that hard of a keyword, but I made it hard because I was still learning.

Long story short, I was contemplating canceling my hosting account and giving up all together. I had even navigated to my Yahoo Hosting control panel and found the cancellation procedures. Then, I thought, what the heck--why don't I just see where my site ranks--totally expecting to find it on page six like always.

But you know what? It was on page ONE, slotted in the number 7 position. You know how much of a fool I would've been had I canceled that hosting account on the assumption that I had failed, when I had actually succeeded?

That, is without a doubt the biggest mistake "most' marketers make in my opinion. Not pushing hard and long enough to actually see the results/success they seek.

BP

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You're going to fail. If you're afraid of failure then you do not belong in the Internet Marketing Business. Period.

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jaeger

12 years ago

I once got into a bidding war with MYSELF on leadimpact

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vCr8

12 years ago

I think the biggest mistake made by most IMarketers is the idealism that they can earn easily without building their list, investing in quality products and ofcourse spending time with their content. What's worse is the fact that they shift to next shiny thing they see if their current way does not work.

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JohnMcCabe

12 years ago

I think the biggest mistake IMers make is even more basic than 'not building a list' or 'shiny object syndrome'.

To my mind, the single biggest mistake, shared by newbies and veterans alike at times, is forgetting who really pays the bills.

It's not subscribers, opt-ins, uniques, visitors or even customers or buyers.

It's people. Flesh and blood human beings with feelings, wants, fears, desires.

Make it possible for those people to get what they desire, eliminate their fears and feel good, and they'll gladly give you mere money in exchange.

You wanna get rich?

Make peoples' lives better somehow...

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2 replies

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Michael Oksa

12 years ago

Originally Posted by JohnMcCabe

I think the biggest mistake IMers make is even more basic than 'not building a list' or 'shiny object syndrome'.

To my mind, the single biggest mistake, shared by newbies and veterans alike at times, is forgetting who really pays the bills.

It's not subscribers, opt-ins, uniques, visitors or even customers or buyers.

It's people. Flesh and blood human beings with feelings, wants, fears, desires.

Make it possible for those people to get what they desire, eliminate their fears and feel good, and they'll gladly give you mere money in exchange.

You wanna get rich?

Make peoples' lives better somehow...

I'm going to echo your comments, John, but from a different angle.

The biggest mistake new people make is not realizing that they have to SELL SOMETHING! It's as if they expect money to be sent to them out of thin air.

A lot of people think they are afraid to sell, but that's not really true. they are selling in one form or another ever day of their lives...and that's where the human element comes in. Making the connection with people--from one person to another--is key.

When you can demonstrate to people that what you're selling will make thier lives better (solve a problem), you will make sales.

I know! I know! It sounds obvious, maybe too obvious.

All the best,
Michael

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bawo

12 years ago

True story!

This is what i needed to hear

Originally Posted by JohnMcCabe

I think the biggest mistake IMers make is even more basic than 'not building a list' or 'shiny object syndrome'.

To my mind, the single biggest mistake, shared by newbies and veterans alike at times, is forgetting who really pays the bills.

It's not subscribers, opt-ins, uniques, visitors or even customers or buyers.

It's people. Flesh and blood human beings with feelings, wants, fears, desires.

Make it possible for those people to get what they desire, eliminate their fears and feel good, and they'll gladly give you mere money in exchange.

You wanna get rich?

Make peoples' lives better somehow...

Thanks

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go4glory

12 years ago

Agreed. The Point is Learn from your mistakes and don't repeat them often. In this business, you've to be patient, unfortunately, that's a virtue that is fast disappearing. If you've thought of something, the least you can do is stick with it for some time before jumping the bandwagon.

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adamreilly1997

12 years ago

Collect leads, i agree.

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flyingeagle

12 years ago

agree with .. list and solving problem :peace:

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marketwarrior06

Banned 12 years ago

At first, Good Saying

I believe one thing that if you haven't faced the test of losing a lot of money then you can't become an established business man. And for that you have to make some mistakes.

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zigzag007

12 years ago

I never had any success with email lists. Maybe i'll try it again someday.

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ExpertSEOServices

12 years ago

Not building a list was one of my biggest mistakes.
Since I started building a list my automation has really taken off and I am doing less selling and hard work than before.

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hilarious89

12 years ago

Originally Posted by Online Helper

Web business can really let you earn money online and it can really change your life if you do it right and have the correct mindset.
However, the biggest mistake made by most of the Internet Marketers is, they jumps straight to start selling their niche in the market. This will not work. Yes, someone might purchase the product from you thru your advertisement or whatever source. But your business will not grow big. Do you agree with me?
'BUILD YOUR LIST' is the most important step you have to do first, if you agree with me.

What list should I build first? And how can I build that list?

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Online Helper 12 years ago

Originally Posted by hilarious89

What list should I build first? And how can I build that list?

Build a list of subscribers that are interested at your niche. You should first of all create a squeeze page to allow your visitors to opt-in at your squeeze page. Your squeeze page must be attractive enough for them to willingly to fill in their name and email address. As of how to attract people to visit your squeeze page, that involve a lot of marketing skill such as SEO, Forum, Articles marketing etc.

Hope that answer your question. Cheers.
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Michelle Stevens

12 years ago

I ignored the advice that I should build a list at the beginning of my IM journey as well.

If I had listened to what I was being told rather than jumping from one shiny object to the next I would have saved myself a whole lot of grief.

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1 reply

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ExpertSEOServices

12 years ago

Originally Posted by Michelle Stevens

I ignored the advice that I should build a list at the beginning of my IM journey as well.

If I had listened to what I was being told rather than jumping from one shiny object to the next I would have saved myself a whole lot of grief.

Totally agree that shiny object is just so attractive and there is a new one every few minutes here on the WF lol

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rizanirama

12 years ago

Based on my experienced, not focusing on one business model is one of the biggest mistake made by internet marketers. They move from one business model to another very fast, they don't wait long enough to see success. Decide what niche you enjoy most, and focused on building your list on that niche.

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