promoting a make money product is too hard for a newbie

11 years ago

The niche you're promoting or the product you have is NOT your problem.

Your problem is finding and driving targeted traffic and making conversions.

Just changing niches won't solve that problem.

Steve

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raulmi

11 years ago

Originally Posted by Steve B

The niche you're promoting or the product you have is NOT your problem.

Your problem is finding and driving targeted traffic and making conversions.

Just changing niches won't solve that problem.

Steve

Well yeah, but isn't more difficult to drive traffic on a very competitive area?

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Alexa Smith

Banned 11 years ago

Originally Posted by raulmi

I guess that I got pretty hooked on the idea of making money online, that made me choose a product from the make money niche and create a website just to review that special product.

You're in good company, Raul.

Starting off in the "MMO niche" is the single commonest mistake that beginning internet marketers make, and the single commonest reason for people not being successful, I think. It's really difficult to generate great credibility and trust and advise people in an area in which you have no successful experience at all! But well done for realizing quickly that that's at least part of the problem.

Originally Posted by raulmi

Well yeah, but isn't more difficult to drive traffic on a very competitive area?

It depends how you generate traffic. If you're thinking of SEO traffic, then yes - it's much more difficult to drive targeted, potentially buying traffic in very competitive niches. (And this is perhaps one of the problems you've encountered with "MMO"?). There are some other ways of generating traffic ("article marketing"?) which don't depend on SEO at all (but article marketing isn't everyone's choice, understandably).

Are there any smaller, less competitive niches which you know about/have experience of/have an interest in?

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raulmi

11 years ago

Originally Posted by Alexa Smith

You're in good company, Raul.

Starting off in the "MMO niche" is the single commonest mistake that beginning internet marketers make, and the single commonest reason for people not being successful, I think. It's really difficult to generate great credibility and trust and advise people in an area in which you have no successful experience at all! But well done for realizing quickly that that's at least part of the problem.

It depends how you generate traffic. If you're thinking of SEO traffic, then yes - it's much more difficult to drive targeted, potentially buying traffic in very competitive niches. (And this is perhaps one of the problems you've encountered with "MMO"?). There are some other ways of generating traffic ("article marketing"?) which don't depend on SEO at all (but article marketing isn't everyone's choice, understandably).

Are there any smaller, less competitive niches which you know about/have experience of/have an interest in?

Well I've been thinking the self help area, but looking at keywords and all that I see that its very competitive. I also would like on something like skincare.

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kindsvater

11 years ago

Originally Posted by raulmi

Well I've been thinking the self help area, but looking at keywords and all that I see that its very competitive. I also would like on something like skincare.

How about a product or topic you know something about? That is often the best place to start.

The point about "competition" - you're just looking for something easy - which is a common path to failure. If you have something of value to add to the marketplace you'll probably find there isn't as much competition as you thought.

If you have subniche your product or topic into a local area, that also helps reduce competition. Better to fight it out with a few local marketers than everyone worldwide.

.

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Jill Carpenter

11 years ago

Originally Posted by Steve B

The niche you're promoting or the product you have is NOT your problem.

Your problem is finding and driving targeted traffic and making conversions.

Just changing niches won't solve that problem.

Steve

Uh no -

Depends on what this person was promoting and who did the reviews in this particular instance.

If the product is all sincerely about "making money" and the OP has NOT made money but is reviewing it and saying it will make you money - well, how would he/she know?

And even if they hired someone else to write up the review, how good/well written could that review be without some personal experience with the product?

Writing reviews based on what is on the sales page is just not enough anymore. People want to see something different.

Provide an actual case study. Show me some proof of why this product is great. Test it for yourself and make me really believe that you believe this is the solution.

I'm not going to say a noob can't sell MMO - but it is not advised unless they have some business sense and a support team to back them up that does understand the product they want to add to their line.

Anyone with enough money can buy any business. But just because (let's say for example) I buy a restaurant that is working and making money does not mean it will just continue to run w/o the people actually working it - who have knowledge of how quickly the stoves fire up and what the customers favorite dishes are.

You can sell what ever you want - but you best know what exactly it is you are selling and if you don't you need a reliable team who can present issues and solutions to you.

Now, if you can't afford a team of real experts then of course you'll have to do it yourself. There are ways to take those MMO courses and use them with the non MMO niches and test them. And imagine you do this. Do you think you might have some real insider information on if something is really worth buying? Do you think you'd be able to then more quickly look at other products and courses and determine if those things will work (from your perspective)?

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jamesrich1

11 years ago

Originally Posted by Alexa Smith

You're in good company, Raul.

Starting off in the "MMO niche" is the single commonest mistake that beginning internet marketers make, and the single commonest reason for people not being successful,

By using this advice most people could not make money online. If I promote a 6 pack abs course and I am out of shape by this understanding I am not a expert therefore I would not be successful.

If I am not a master pianist I cannot teach people how to play the piano. I learned about the power triangle concept a while back and it opened my eyes to the fact that it doesn't matter what niche you start in. Making money online all comes down to finding an audience that has a problem. Targeting them and putting your content in front of them.

Showing them a solution while building a relationship with them. So the guy who has a beer gut can still show people how to get a 6 pack if he shows them Mike Geary. The guy who is broke can show people the expert marketers who teach people how to make money. The guy who has never played piano can teach people how through Rocket Piano.

How is the make money online niche different in this example?

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raulmi

11 years ago

Originally Posted by jamesrich1

By using this advice most people could not make money online. If I promote a 6 pack abs course and I am out of shape by this understanding I am not a expert therefore I would not be successful.

If I am not a master pianist I cannot teach people how to play the piano. I learned about the power triangle concept a while back and it opened my eyes to the fact that it doesn't matter what niche you start in. Making money online all comes down to finding an audience that has a problem. Targeting them and putting your content in front of them.

Showing them a solution while building a relationship with them. So the guy who has a beer gut can still show people how to get a 6 pack if he shows them Mike Geary. The guy who is broke can show people the expert marketers who teach people how to make money. The guy who has never played piano can teach people how through Rocket Piano.

How is the make money online niche different in this example?

Yeap I get the point, but maybe my mistake was to make a review site of one single product instead of a more evergreen site.

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banx63

11 years ago

The niche you are in is competitive but who cares?! Don't give up. How many plumbers or electricians say this? And there are plenty of them around - all doing well. I agree with Steve though, you can have another website but traffic will still be your problem. Its the holy grail that all website owners/marketers strive for. The big shots have all this done for them, they get affiliates (us) to promote their products for them - this is their biggest traffic in most cases. Or, huge joint ventures.

Free traffic is great - but takes time.

Things like:

Guest posting
Blog Commenting
Twitter
Facebook groups
LinkedIn groups
Youtube

are all methods you should use to get traffic driven to ANY site. Providing you give insightful value people will come. And, when at your site if the content here is good they will share it via the many social media routes these days.

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thedanbrown

11 years ago

If a niche is competitive ALL that means is that people are making money!!!

Competition is great! Don't give up man!

Like mentioned above, you need to find more targeted traffic and focus on your conversions. Maybe you should offer a special bonus for people who buy through your link...

It would help more if we could see the site but you just need to know not to give up. You can establish credibility in ANY niche, so really it comes down to what you're interested in.

If you want to learn how to turn yourself into an authority in any niche you should look into Tim Ferriss and the 4 Hour Workweek. He goes in depth about establishing credibility and positioning yourself properly in the market.

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raulmi

11 years ago

Originally Posted by thedanbrown

If a niche is competitive ALL that means is that people are making money!!!

Competition is great! Don't give up man!

Like mentioned above, you need to find more targeted traffic and focus on your conversions. Maybe you should offer a special bonus for people who buy through your link...

It would help more if we could see the site but you just need to know not to give up. You can establish credibility in ANY niche, so really it comes down to what you're interested in.

If you want to learn how to turn yourself into an authority in any niche you should look into Tim Ferriss and the 4 Hour Workweek. He goes in depth about establishing credibility and positioning yourself properly in the market.

Thanks for the support guys

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Alexa Smith Banned 11 years ago

Originally Posted by thedanbrown

If a niche is competitive ALL that means is that people are making money!!!

Why do people believe stuff like this?! :rolleyes:

What it very often means is that 5% of the people are making 95% of the money, while the other 95% are making very, very little, but making up the competiton - tens of thousands of them all competing with each other, earning nothing (and, in some niches like IM/MMO, buying and selling from each other as well).

It doesn't mean, as you imply, that "competition" is an indicator of the fact that a beginning marketer's likely to make money there. It far more often means the opposite.

Honestly, Dan, where do you get this stuff from? I'm not trying to be rude to you, but if you believe that a beginner can make money in "MMO" more easily than in the home-brewing or home-decorating niches, because "if a niche is competitive ALL that means is that people are making money", you're just living on another planet. It doesn't even stand up to examination for 30 seconds. :rolleyes:
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Andy Money

11 years ago

Make money by promoting how to make money products online? Why not try making money in a different niche like many have suggested. Zillions of niches out there.

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Randall Magwood

11 years ago

Go into a different niche. You'll live longer.

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garveyonweb

11 years ago

The optimist sees the doughnut; the pessimist the hole! – Oscar Wilde

Congrats, at least you have a site up and running. I'd say stick with it; cut your teeth, make your mistakes, learn traffic and keep at it. Keep the budget low and the experience gained will be priceless.

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LilBlackDress 11 years ago

So many people who are learning how to make money online jump into selling make money online products and services. And guess what - the majority of them fail because they have no clue what they are doing. How can you teach others how to make money online if you don't know how to do it yourself?
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promoting a make money product is too hard for a newbie

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