Where's the future of Internet Marketing?

by DC26
18 replies
I have been doing Internet Marketing on and off for about 7 years and I'm still not sure what area to focus on. Like today I set off to work on building my email list and I get side tracked with all these other opportunities and ways to make money. I've tried building websites for products, websites to review products, squidoo lenses, wp, email list, twitter accounts, you name it and I've tried it. I have made some very good money and then again I haven't made enough to quit my day job. I know more about Internet marketing then I know about anything else except for what area I should concentrate on. Every time I feel like I'm on the right track I see something that says that area isn't the way to go anymore. I love the make money online genre but it's hard to be a guru in that area if you aren't making a ton of money. That's another problem I have is I have to be honest. I started out making $4000 a month selling a stock trading robot then I found out it was just a scam and I had to stop selling it to clear my conscience. Here is my real question: Is the money still in the list or am I barking up the wrong tree again? And if it's not where is the money now?
#future #internet #marketing
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  • Profile picture of the author Corey Geer
    The internet is guided by the innovative.

    One person discovers something unique and all of a sudden everyone tries to hop on the band wagon and replicate something someone successful did. A lot of people didn't even know what basic niche marketing was until Travis Sago put a unique name on it (Bum Marketing).

    Handheld devices will more than likely become more and more popular, companies will go more corporate, there will be more ads placed everywhere, Google will have cameras installed in everyone's home watching every move we make (this is only to ensure that we get personalized search results).

    The Google smart car might be functional, there will probably be two new doomsday theories in the next 5 years (these are highly profitable if you get in on it early and setup a site devoted to it), we'll see some more celebrity scandals, etc. I can't imagine technology will jump ahead too far like some people predict (flying cars and jet packs). Internet Marketing changes every year but the fundamentals stay the same.
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  • Profile picture of the author DubDubDubDot
    Originally Posted by DC26 View Post

    Like today I set off to work on building my email list and I get side tracked with all these other opportunities and ways to make money. I've tried building websites for products, websites to review products, squidoo lenses, wp, email list, twitter accounts, you name it and I've tried it.
    List building
    Promo sites
    Reviews
    Squidoo
    Twitter...

    Everything you list is meant to work in concert for the building of the end product..... which is???

    You mentioned liking the "make money online" niche, but the reality is there is little money to be made in that niche unless you are at the very tippy top and everyone knows your name. Getting there is difficult since it's kind of like a mafia in that they probably aren't going to mail for you unless you attend their $10,000 seminar. It's little things like that which are not talked about on this forum, so the delusional little newbies go about their way thinking they are going to be the next Frank Kern one list subscriber at a time.

    Originally Posted by DC26 View Post

    I started out making $4000 a month selling a stock trading robot then I found out it was just a scam and I had to stop selling it to clear my conscience.
    Clearing your conscience is the last of your worries. You left yourself open to being named as a co-defendant in criminal action against the program's seller. The profitable affiliate accounts are often pulled into these cases.
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    • Profile picture of the author LaineM
      I am having a slight problem with all these.

      First, I cannot even image myself becoming involved in something to make money from, NOW, only to see it obsolete in the next 2 months to 5 years. Just wake up one morning and see 3 months of work gone just because a hippie in Google, decided to turn one of the screws on their algo slightly to the right or slightly to the left. I think that this will be resolved somehow in the end, in a Legal manner- I give it a year or two, because they are after them for Tax reasons, and it will be easy to grab them and drag them on the negotiation table.

      Second, after experiencing affiliate marketing for a decade, reading all the fluff that was current back then, going through ups and downs, I find it having more drawbacks than positives. It is a huge discussion to start; but to make it short: if you don't shake hands, and stay behind a laptop all the time, chances are you will be a victim of the continuous evolution of the concept, and you will loose. Why? because in the end, you will get tired keeping up with changes.

      The only 2 ways to really experience this, is remarkably a) just by growing older in line with the aff. mkt and IM concepts and see it yourself or b) Time Travel: having someone like myself, coming from the Future to your Present, telling you how it will ultimately be for you. Like now. After 10 years in real Marketing and 12 years in IM, please allow me to be your Time Traveler.

      Anyway, as you will be promoting something online, others from every corner of the planet will also be able to do so, making competition fierce. And for Goodness, enough with affiliate links; everyone nowdays can spot an affiliate link from a mile-even my 11 year old niece.

      Third, the thing is: online marketing is more than just promotion; the rules of marketing still apply online: the four Ps. I also understand there are people out there that made it online simply by promoting affiliate products, and they still do. But I see that people are stuck in the "make a site-throw traffic to it-and it converts-a dollar a day per site- 100 sites how many?".

      And-now that I know more about this really dirty ball game than ever, it makes me furious. Online marketing is more than that: you need good pricing, staying competitive, use various promotion techniques and stop chasing Google's b*tt all the time, etc etc. Iin affiliate marketing, how many from all these factors do you have under your control? Food for thought.

      The question is this: how many from those who started affiliate marketing in 2002 are still afloat? Does it worth the effort of buidling all these sites and pages, if you are uncertain on how it will be in the near or distant future for both the platforms you use and the promotion techniques you use?

      Remember this, as your most precious rule: the "clock" is ticking-for all of us; as you grow older, chances for manuovering are getting less in case you take the wrong turn. You will feel "heavier" as you grow, and less prone to change-ANY change.

      Scenario: Maybe is it just better to do "something" that needs your online marketing knowledge and is non-tangible?

      Like, renting speedboats in Florida for their owners who know ziltch about online marketing, and grab 20% of every rental you send them by email, after making a revenue share agreement with them.

      What do you need to make something like this "tick"? 5-6 clients. In 2 years they will be making you 30-50K a year. You will be building a real clientelle, that will always be there. Your feet on solid ground! Not throwing your man hours in joining aff. programs that stop working because their aff. manager died. Or to find that all your efforts were in vein because the company cannot staff the affiliate managers position again for 3 months, thus dropping the program, and put you in a postion to find a similar aff product which-sadly!-pays so much less... Or because they disqualify you after changing your site's appearance. Some mercy, please!

      You will be making a Name quite quickly-can you make a name for yourself in aff. programs nowdays, I wonder- especially if you are good in online marketing, and the clients will soon come and find you themselves; the number of clients will grow-surely-if you are good. You will be competing only with other owners, not people from other countries, simply because there are no affiliate progs for renting speedboats. And because making it work involves YOU going locally, shaking hands, making agreements, talk to people- so, some more communication skills other than 'tick the box to select the aff. prog of your choice'-you will feel no threats from faceless guys from the other side of the globe.

      You will be bringing clients to your clients' speedboats from all over the world-year after year, season after season. You will have some great speedboat holidays for free-take my word for it. And you will be resting in the winter, or if you like it that much, do affiliate marketing cr*p. Whatever; I for instance spend the Winter in making new clients. You can do otherwise. What else do you want from Life, except maybe stay healthy?

      This is just one example of the thousands of things you can do if you follow this kind of approach, and not the totalitarian "behind a laptop", "join our affiliate program" etc. etc.

      I used to be blind in all this when I started doing aff. marketing; I remember I was promoting magazine subscriptions for m*g*zine.com, and in one December alone I made $30,000-tax free-because I was no 1 in google for 'people magazine subscription' and' usa today subscription'. Try and repeat that now; you won't make even 5% of that. I was still young, but now time is getting a bit more precious at 40, and I can see now what they are doing with all these aff. programs, and all these young guys chasing clients online through online marketing. Oh yes. Its crystal clear now.

      I made some good money, I can't say. But if I balance the total effort spent against the money made in the past decade or so, my hourly work profit would probably be $0,00001/hour. I also have nothing in my hands from this period; not even one contact person, no rolodex filled with names and people who I can contact again and do something different.

      And in the end, all this becomes evident with big portals like Amazon, or affiliate programs like adsense-would you ever sign a contract where you don't know your exact revenue share? I did; never again. I am not saying that you will not sell, or it does not worh the effort; maybe it does.

      But then again maybe the equation needs revamping and has to be a bit different to work for you, like deciding between working for the 'quick buck', or alternatively build something that will not be affected by changes in the way Web promotion methods evolve. If you try to quit your FT job, picking the first...mmm... it may be wise, it may not: it has the risk of throwing you back in the rat race. Alternatively, you carry on working full time and simulataneously start building something more solid that will last longer.

      I don't think that an email list will do this; I mean seriously, if you could find a mail list of 1m. people, would you be quitting your day job? OR try the list first, then quitting? and what would you be doing if it stops working after a couple of rounds? Start building another? Sell it? Will you be able to? Would it be enough to compensate for your job quitting? Can you imagine building the list for 5 years, only to discover it does not convert well more than a couple of times? What a Nightmare!

      So: to sum it up. This is my gem for you. Remember; You only have one Tank. Use it wisely. Build things that last and that will stay in your backpocket as you traverse Life.

      PM me if you have any questions!
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  • Profile picture of the author paul nicholls
    The key is not building a list

    A list of email addresses means absolutely nothing

    A list of loyal customers is a totally different ball game

    The money is not just having a massive database of email addresses that you can bombard with offers all day long, any numpty can build an email list of thousands

    The money is in loyal customers that trust you and in "repeat customers"

    When ever i create a new product a lot of my customers are customers that have purchased my previous products

    From here it's just a numbers game. The more loyal customers you have the more profitable your business will be but to build loyal customers does take time and this is where most people fall down because they have no patients

    this is why it's so important to create quality stuff otherwise no one will want to purchase any of your future products
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    • Profile picture of the author daveaball
      I see internetmarketing changing hugely over the next decade and more so into main stream smart tv where you may start to see ads related to what your watching on cable pop up .
      I do think people are getting tired from the shiny button syndrome and will stick. With the more honest marketers who over deliver .
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      • Profile picture of the author daveaball
        Have to agree with Paul a the money is not in the list
        The money is in the relationship you have with the people on that list
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  • Profile picture of the author PerformanceMan
    I don't have a crystal ball but the future of IM I see is one where I make a ton of money!
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    • Profile picture of the author DC26
      Was going through reading these responses and getting kind of depressed then I read yours and it gave me a smile. I always liked the positive attitude.

      Originally Posted by PerformanceMan View Post

      I don't have a crystal ball but the future of IM I see is one where I make a ton of money!
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      • Profile picture of the author DC26
        Some really good advice. I really appreciate everyone's input to this thread.
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  • Profile picture of the author talfighel
    List or no list. It does not mean anything unless you work with the right programs.

    For years I thought I was doing the right thing selling one time commission programs. I built my list and made great money. I have sold well over 3000 work at home programs that paid me a one time commission of $20-$60 in the past 3-4 years. I was happy.

    Then I woke up a few years later and wondered why my income was not growing. I did not know back then the "secret" to my future as an online marketer.

    You want to know what is the "secret" of success as a marketer?

    You need to work with programs that pay you residual income and from the efforts of other people.
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  • Profile picture of the author shawnlebrun
    Originally Posted by DC26 View Post

    I have been doing Internet Marketing on and off for about 7 years and I'm still not sure what area to focus on. Like today I set off to work on building my email list and I get side tracked with all these other opportunities and ways to make money. Here is my real question: Is the money still in the list or am I barking up the wrong tree again? And if it's not where is the money now?
    I know that I may be in the minority here... but I truly feel that if you're going to be successful long term, you need to change your focus and approach so that it's less about making money.... and more about helping people and adding as much value to as many people as you can.

    I've been online for 12 years now and have made a lot of money.

    But the funny thing is... the more I focused on making money and
    trying to find money-making opportunities... the less money I made.

    It wasn't until I set out to try and help 1,000 people lose weight
    that I noticed my income suddenly took a huge leap up.

    And of course, when I was helping 2,000 people a week to
    lose weight, the money came in faster than I could imagine.

    But again... for the first 3 years of my online existence... I went
    from "money-making opportunity" to money making opportunity,
    and never really made much.

    But when I started focusing on helping as many people as I can
    first, and forgot about making money... that's when it came.

    I know it sounds all hog-washy... but it really isn't. I'm about
    as simple as they come, and yet I made a LOT of money online
    by simply focusing on helping as many people as I could.

    That also led as my "guiding light" along the way... meaning
    any time a money making opportunity came up, my only
    question to myself would be "would this help me help more
    people with what I'm doing now? If so, I took a look at it.

    If not, I never looked at it again.

    Now, I know this thread is about the future of Internet
    Marketing... but really, it doesn't matter the medium.

    They all change over time. Paper, radio, TV, internet.

    The media used changes... but when you think about making
    money... it doesn't change. It's simply about creating as much
    value for others as you can. More value you create=more money
    you make.

    Again, I'm not trying to harp on your thoughts about making money,
    because making money is important. It's how we live.

    But if you focus too much on just that... it WILL remain elusive...
    take it from me.

    These days, I get more requests for copywriting than I can
    handle. On the WF alone, I usually have to turn away job
    after job, simply because I don't have the time.

    And the only reason I bring that up... is because the only
    time I come onto the WF and make posts is when I try
    to help others.

    By making informational posts that I hope the OP finds
    valuable... in turn I most like help out others in the
    process.

    And in turn, I get emails and job requests all the time.

    I remember reading a neat story in MJ Demarco's book "the Millionaire
    Fastlane"... he talks about money being like an elusive cat. If you try to
    chase it, it will run away.

    But if you attract it with something it wants, it will come right to you.

    I personally think you can attract it by helping out as many people
    as you can, adding value to their lives. Another great book on
    that subject is T. Harv Eker's Secrets of the Millionaire Mind.

    I've probably read 4,000 books in my life, and those 2 I mentioned
    above are probably the single best 2 books for making money and
    building wealth.

    Hopefully this didn't come across as changing subjects... but
    this really is all about the future of Internet marketing... and
    marketing in general.

    Simply help as many people get what they want, and you'll
    make all the money you want in the process.
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  • Profile picture of the author daveaball
    I also believe in offering value and over delivering even if its free content .
    Connect with ur list ask them what they want . Ask for feedback and be honest .
    It's also about helping others , don't get bogged down on making money as if you deliver what they want you won't have to chase the money S the money will follow you
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  • Profile picture of the author napoleonfirst
    I am doing pretty good money with WProbot right now. However, you must know what you do when it comes to autoblogs. The site must be very targeted and the content top notch. Of course you must install the best plugins out there.
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  • Profile picture of the author himanuzo
    People need the internet for connecting people, there is goldmine. So the internet marketing never dies.
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  • Profile picture of the author AndrewCavanagh
    Email marketing is still HUGE.

    On the warrior forum there is a big tendency to be jumping on the
    idea of the week (or even the new idea of the day) which is GREAT
    when you're looking for ideas.

    If you want to make a serious living though you just need to focus
    on getting really good at ONE thing.

    And stop worrying so much about the changes.

    Most of the major marketing methods have been working consistently
    for many years and they're not going to suddenly stop working
    overnight.

    Think email marketing, affiliate marketing, using content to build
    relationships with people, high quality sales copy etc etc.

    Get good at something and do a lot of it and stop worrying about
    everything.

    There's plenty of money out there and you deserve to get a
    reasonable share of it as long as you provide some genuine value
    to others.

    Kindest regards,
    Andrew Cavanagh
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