Why 97% Of The Internet Marketers fail?

May be you are correct ebiz26.

dedication is one thing but the right permutation another one. very often people tend to complicate things too much instead of taking the easy way. keep it simple , concentrate on one thing and go for it.

I think the entire notion that IM is easy is just wrong. There is no quick fix or instant jackpot, despite some of the products sold in these very forums.

It's a job. Yes, you can do it in your pajamas, but it's a job.

That being said - anything you can systemize and outsource is huge!

My personal thoughts.. most people probably fail for one of two reasons:

1) They focus too much on "perfecting" everything they do before release.
2) They don't focus enough on "perfecting" everything they do before release.

I've been in online business for 11 yrs and I am STILL struggling to find my balance with that. I can tweak and improve something until the cow's come home.. then, I either lose focus, interest or it just never seems good enough and I repeat the cycle.. it's insane! LOL

I, like many others, need to learn to "let go" a bit.. while others need to do the opposite, stop throwing out garbage and hoping something, anything, will stick.

You're right, you can't possibly know for sure.

But if you take a good look around you, you can easily come to a conclusion that there are more people that fail than find success online.

I'm a member of several forums & every day, I see people begging for help so that they too can find success online.

97% is very high but I'd say that 90% do fail online.

IMPORTANT: By failure I don't mean that a certain person doesn't make money online. By failure I mean that a certain individual hasn't been able to make a substanial amount of income & he quits IM. This could happen after days, months or even years...

BUT

I believe in this little old saying:

YOU NEVER FAIL UNTIL YOU STOP TRYING!

That's right, a lot of people fail because they give up too soon! One man once told me,

"I think I'm going to quit IM. It's been a year now & I have only made a $1700"

That doesn't mean that you're failing! On the contrary, that means that you are being successful online!

If you upscale... you can multiply that amount to a much higher number!

I see IM as a game of numbers.

If you make $1 go for a $100
If you make a $100 go for a $1000

So on & so forth....


Anyway, back to the OP's question.

I don't know about that statistic but yes, a lot of people do fail online. IM is a tough industry & it will simply eat you alive if you're not persistent & up to date.

I have to disagree. What many people dont realize is that by joining a system, they dont get everything they need to succeed. Ask yourself this.

1. Does the system give me a huge list of 'Targeted' prospects to promote to? Or do I have to build that list myself?
2. Does the system help me with advertising to find prospects? Or do I have to pay for that myself?
3. Does the system provide me with the proper training to be successful in this business? Or will I have to search around myself for the answers?
4. Does the system have someone I can talk to one on one along the way while I grow my business, someone to help me make adjustments as I go? Or do I work by myself and have to learn everything by myself?

To be successful in any business takes hard work and effort. Too many systems online nowadays try to make it look like you can spend less than an hour working the "system" and make good money. The only way you can do this is if you already have the skills and means necessary to promote it. If you already have a list and an advertising budget to back you up, then sure I can see you only having to work maybe an hour a day. If your new to this, and dont have the skills yet, there is no system that can make you alot of money right away with little effort.
Do people fail due to their own laziness and lack of motivation? Of course. But I can tell you one thing, that 97% of people that fail, its not all their fault. Some of them, maybe are not doing anything with training they are provided, but IN MY OPINION, most are failing due to the outright LIES that these systems tell you how easy it is to make money online. It is a shame because the internet is such a wonderful place with so much opportunity and yet people in our society take advantage of others just for money.
The whole notion that "systems dont fail, people fail" is unfortunately true to some extent, however, to think that so many people (97%) are failing because of their own fault is ridiculous. I believe that the systems setup by people are not absolutely truthful in how to be successful in their business.

To be involved in a good business opportunity you want to ask yourself 5 questions.

#1 How is the company management team? No greed or big ego; integrity
#2 Is this a good time to join? Not too early, or too late
#3 What products do they sell? Would you use them?
#4 Compensation that pays part time? How much effort is needed
#5 Easy to use system? Is it duplicatable?

Also ask yourself these questions about yourself.

#1 Am I coachable?
#2 Do I have a good mentor?
#3 Am I in a pillar company? Is my mentor? (5-pillar is the questions above)
#4 Am I involved in duplicatable systems? (can others do the same thing you do)
#5 Be a student of the industry. Learn everyday.
#6 PRACTICE SELF DEVELOPEMENT - this is the biggest out of all these questions. This will keep you in line and in touch with what you need to do to be successful. Think of it this way.

Your climbing boots are the people you bring into your business to help teach and grow with you. They help you along the way by bringing in money into your business through their efforts.
Your safety harness is your personal developement. Your safe as long as you keep yourself sharp and in tune with your problems and successes.
Your climbing rope is your networking skills. The better you get at promoting ideas and businesses the better you climb.

Before joining your next "business opportunity" keep this all in mind. Do you have the DESIRE to be successful? Are you involved with a company that matches the 5-pillar questions? These 2 questions here are the main ingredients for your success. Once you figure that out, GO BAKE YOUR CAKE!

I think the reason why people fail is because of the opportunities that they go after.

Also what is success?

I can start a free blog at blogspot and build my seo and earn $20 a month and that can be success. All free setup and all you invest is some time.

Spending $100 on advertising and making $110. That is success.

I do not believe in that statistic. If you include all the people that one day go online and join a BS affiliate company and then quit after a month then yes the numbers are that high. But outside of that I find that almost impossible to fail because it is not to hard to make sales. Just follow what other people are doing and how they are making money.

You can do everything for free. Give it a little gamble and spend some money on advertising. See what works and what does not work. Tracking is the most important.

Thanks,
Brian P

I'll answer that with something I wrote in my squidoo page:

"Many people tend to have that 30 days mentality - meaning they will work on the program for a month and see if they have made a big profit. If their expectations are not met, they give up. Most of them don't even try to work the system. They join then simply sit around waiting for the commissions to roll in. Those are the type of men and women that end up joining a new program every month and fail at them miserably. They then go around screaming "scam scam scam" after each session and never realize that building a residential online income requires as much time and efforts as building up an offline business.

It's not their faults, it's what those self proclaimed internet marketing geniuses got them to believe. Those so called gurus always tell about how they are earning hundreds everyday in their sleeps. Hate to break it to you but that's just a pipe dream...."

As a product creator, I agree 100%

Lack of patience and willpower.

Most people think they're dedicated and work hard, but if they really analyse how they spend their time they will realize that they're just fooling themselves.

I find this happens to me whenever I don't plan out my entire night. With a full time job, military, and family, I need to make sure that I make the most out of the time I have to make money online. If I don't plan my night it was just as well I didn't sit at the computer in the first place. Without a specific plan on what I need to finish other things will creap in like facebook, email, stumbleupon, twitter, *cough* browsing forums, etc, etc, etc, etc.

Before I know it my night is done and although I felt like I was busy all night, I did nothing to make money except waste it doing the unimportant things.

Brian Tracy said it best when he said that most people what's fun and easy rather than what's hard and necessary.

Shannon

Back from a short vacation and an interesting but very relevant question.

The #1 reason for failure in absolute terms is the wrong state of Mind and wrong mental approach - which of course are related.

Most people fail because they treat IM more like a casino than a businesses. They see it as "easy money" and when they find it is not easy after all they quit.

IM is easy. Compared to bricks and mortar business it is very, very easy, but IM is still a business that requires the right state of mind and a business approach including planning and realistic targets.

Both buying and promoting multiple products hoping for that magic bullet is doomed to failure.

You only need one product or closely related group of products, preferably one that you are passionate about or at the very least interested in.

In fundamental terms all that is required to succeed in IM is:

1. The right state of Mind and Mental approach. This is 90%+ of the secret of success. In the bricks and mortar business world I have overcome almost impossible situations that many regarded almost as miraculous using the power of the Mind alone.

2. A single product to sell or promote as an affiliate. Having your own product is the only way in the longer term, so start as you mean to continue.

3. A real, well designed website which will be expanded on an ongoing basis.

4. A short, medium and long term strategy to bring visitors to your website.

5. Never, ever, ever quit, never look back and always focus on the positives.

That is it in very broad terms.

You need to approach IM with the right Mind and accept the fact that you are building a business that can bring freedom after the first year or so.

But again, and I must get this fact over if nothing else, the one and only factor that separates the immensely successful IM'ers from the failures is Mind - nothing else.

I dont think the main reason for failure is time and effort. I actually think effort spent on the wrong activities is the reason for a high failure rate. With all the information available; its easy to try too many different things. The key is focus.

I'd have to say inconsistent information. Ask 100 people how to do keyword research and you'll get 200 answers.


There a lots of good IM business models. The ONLY thing I struggle with is finding a good way to do my keyword research.

I am probably going to buy a keyword software tool, I had a few good recommendations........I gotta make life easy.

Another reason is that they always focus on the near future, they don't think about long term results. I mean, with just a forum post here and there everyday will go a long way when ranking for low competition keywords.

Most fail because they're focusing too much, worrying too much, and thinking too much about the BIG PICTURE - rather than focusing on the tasks on hand.

I used to suffer from this problem. And one fine day I decided, no matter what, I'm gonna put up small tasks related to my goals on my to-do lists every day, and just focus on getting them done. And not worry about how or when the BIG GOAL will be achieved. This gives me immense satisfaction, cuz every time I complete a task, no matter how small, it feels like I've gotten an inch closer to my goal. It's one time at a time folks, the overnight-riches mentality is the major drawback that's keeping many from being successful.

The main reason for failing online is because people with no experience what so ever is teaching somebody else how to make money online.

This is like the biggest pyramid scam online.

For example.

Mary is 45 years old mother working at home with her kids. And she want something else to do. So she start looking for some work online. She find some sales page, really promising and she has no business skills but on the sales page she is told she don't have to do anything. Only do what she already is doing. So she joins this MLM program and she start to talk with her sponsor.

But guess what, her sponsor is in the same steps and her sponsor is supposed to teach her how to make money online. But have no idea either.

Her sponsor tells her to sign up to those traffic exchange and safelists (what a load of crap!) And she start to spend more time getting sing ups through surfing and posting safelists and so on and on.

Note: You are not going to learn how to make money online from someone who does not know it either.

-----------------------------

I forget where exactly I read this, but it's something that stuck in my head, and it's the mentality I try to take on whenever I embark on any new challenge.

Failure does not exist. I have no concept for the word. Any action I take results in one of two things: I either succeed, or I learn.

Many fail, because the internet is saturated with con artists and fly by nighters. Most also have a mindset that it's going to be easy and not require any work.I also find that the internet is constantly changing...what works today probably won't work tomorrow, and so there is a lot of education required. Think of it like going to school allover again, and always ask questions!

People only fail when they think they fail... failure is a state of mind.

Some people see failure, some people see negative results.

Once you have your failure, it's all about what you do next! Everyone fails at some point, what you do about it is what counts.

Good luck!
Connor

Well...My problems are as follows:

1) Lack of focus.
2) Too Much Planning - Spend more time planning than doing. Related to this is Always Starting something.
3) Doing things that don't make you successful - like looking at stats, checking email, etc....

I am most successful when I balance planning and working by forcing myself to follow a plan that produces something that aids success....

If I am not careful, I will spend 2 hours and all I have done is surfed the web, checked all my email addresses 3 or 4 times and checked my stats....

My thoughts on this is:

1) They give up to early (things work pretty slow on the net and most people dont have the patience).
2) Not sticking with niches they know and hunt money
3) Lack of focus (I turn off mobile, MSN and I dont check my emails while im in the zone working).

As has been said many times before, IM really is very easy. It is the "products" that make it hard simply to make the product seem valuable.

But these things are crucial to success:

1. Mind. This is 90% of the key. If you do not believe and know, beyond any doubt that you are successful you will not succeed. Conversely - you can make as much money and be as successful as you know and believe you can. The outer always reflects the inner.

2. Passion. If you are not passionate, or at least deeply interested in what you are doing, you will not succeed - at least in the long term.

3. Dedication and commitment. Both are linked and both are crucial to success. Also a sensible time scale for success. IM is a business like any other and must be approached as such. But once you achieve that critical mass you will never look back.

I sometimes put 17 hours per day in to my IM businesses, but I do so happily and have the choice, have the freedom to take time off with my kids whenever I wish, and do not answer to anyone.

The ultimate objective is not money - it is Freedom - to enjoy life to the full under by your own efforts.

When I read these forums I see so many people who could make it big - maybe even everyone - but the majority sabotage their own success with the wrong Mindset, obsession with "get rich quick" products, and unrealistic expectations in the early days.

You not far from been right. Persistency is really the key. You know what i mean.

After reading newbie nightmares by Alex Jeffreys and listening to The Secret by Rhonda Byrnes I can say without a doubt in my mind that the reason for failure in anything is mindset, the secret taught me that the law of attraction works based on what your mind is most focused on, if you are focused on the fact that you are failing, you will continue to fail, however if you focus on your successes, you will see more successes. Newbie Nightmares taught me how to manage the knowledge I had gained. Now I am not article marketing wiz or anything in fact im just starting out, but I had done enough research to know a few different methods to make money. And as a result I was suffering from information overload. I was focusing on everything and trying to make it work, rather than moving forward to the basics, taking the system I already had in place that worked once before, and improving and focusing on that. I agree with what you have to say, however there are other factors that cause 97% of failures.

People with the right Mindset will make money regardless of the IM strategy - they could not keep money away. But those with the wrong Mindset will make little or nothing, no matter how many products they buy, forums they read or mentors they hire.

That applies to success in life generally - not just IM.

97% of marketers fail ? Where did you get those stats from ?

Now I realize that a lot of people get online and jump on the false hope train. There is so much hype out there that it is easy to do .

If people would just get past the get rich quick visions in their heads , they could listen to reason and realize that the hype is just what it appears to be .

If it sounds too good to be true it is . If I ( or any other marketer ) come up with a way to make a million dollars a day , sitting in our pajamas , martini in one hand , a big cigar in the other , I will guard this secret with my life .

Only when it plays out will I decide to let you in on the secret . By this time it has saturated the market . it only brings about 10% of the returns it has in the past . I am only selling this "secret" in hopes of squeezing the last bit of revenue out of it .

And for internet marketing being hard , a lot of people have no understanding of what hard is .

My father owned a heavy construction and landscaping service when I was younger ( I actually own it today ) . He didn't want long time employees thinking that the boss' son was getting preferential treatment .

The first day on the job ( I was like 11) he threw me a shovel and I used it for ten hours straight . This went on every summer until I was 17. If there was a hard job to be done that day , I was the one who did it .

I now realize that this was done to teach me work ethic as well as gain knowledge of how the business was ran from the ground up. It also gained respect from the other employees while at the same time embedded a strong respect for those that would soon work under me .

Now when I am writing ten articles a day , doing keyword research at 2 am, or setting up a years worth of autoresponder series , I sometimes think that this internet marketing stuff is hard .

I then look down at calloused hands . Hands that will always show signs of having a shovel in them. I thank the Good Lord above and write another article .

97% of marketers fail because they are not CLEVER nor have the motivation if they are. The internet is also filled with a lot of dreams of striking it rich over night.... not going to happen...

Business Failure = Lack of marketing skills (it IS all about the offer, right?), lack of primary business sense (I doubt most of those who fail know anything about business metrics and margin)....

You can have the most perfect system in place that makes money and still not be successful if you don't understand how business and marketing works...and it is more than having a simple call-to-action or undercutting your competition in price point.

Simple. Because most people can't differentiate rationality and irrationality at any given moment in the day.

In other words, common sense is uncommon.

Most of us are too in touch with our opinions and not facts.

Allen

They fail because they don't try again. Success is gained when you fail the first or second time and not quitting.

Skills help, but we are not talking about brain surgery.

Step 1, learn just enough to take launch

Step 2, take massive action and don't be afraid to make mistakes as long as the mistakes are caught quickly and you immediately try something new

Step 3, do those tasks you avoid but you know are critical to your success (the ones you avoid by wandering over to the WF)

Step 4, when you find some success, continue the learning process and refine your actions to achieve more success

Step 4a, persevere when you have adversity (and you will)

I've bookmarked this thread too...great discussion here on an important topic. I too agree with so many that have stated that people think IM is easy and when they have to work for it, they quit and say they have failed. Really you don't fail until you give up! Because just like so many others, we've moved from one thing to the next until we were able to make something "stick" as you could say. No body is ever going to win at everything (wouldn't that be nice if we could win every time at every thing we did?!?...I'd play the lottery daily!! hah) so that it why its important to work until you make it work for you and not even think about failure ever.

Some internet marketers fail because the don't have a marketing system that will show them how to make up-front cash to pay their advertising and promotional expenses while they build their business.

It's not always a lack of patience, persistence or motivation. They simply run out of money...and quit.

Yes, I basically agree with the thread starter. Most people tend to think this is easy stuff and that no work is required and there is where they get crushed. And ultimately, getting lots of web traffic is key to success, if not the core of the whole thing.

IMHO you fail when you stop trying, period. This has been proven to work (IM still has a negative notion between the general public that to make money online you have to scam etc...)

Vegas Vince,

A lot of them don't match the offer to the traffic either.

If you get a thousand people a day typing "Paris Hilton" you don't try to sell them an ebook on nail polish.

Most of them don't understand this either...

"most people write sales pages to close...I write sales pages to eliminate people". - Vegas Vince

Good stuff man.

The number one reason why most fail is they do not know how to close the sale. They build the perfect website and do incredible marketing jobs but....

The greatest piece of advice I ever got was way back when I was thinking about joining this forum (it cost money then) and I read something that Allen (Says) wrote and in it he said:

"if you ever learn to write copy that persuades people, you will never have to work again".

That did for me. I pulled out my credit card and said to myself "I want to learn what this guy is teaching".

Matt

Quoting:

- There's a VAST underestimation of the amount of time and effort it takes.
- There's a pretty steep learning curve. It took me four months to get my first website up and product selling. FOUR MONTHS. Now I could pump out multiple websites a day if I had to.
- This stuff ain't simple. Despite all of the marketing and hype, keyword research, copywriting, email marketing, SEO, PPC, CTR, etc., etc. It's not simple. Each one takes weeks or months to wrap your head around.

I totally agree with the three mentioned. It took me about a month to personally learn HTML and more than a year to learn SEO. Up until now I still can say that Im still on the road in learning SEO (almost everybody is)

To be very blunt about your question. . . .

I believe most don't succeed because they do not know the number one skill it takes to make money . . . 'SELL'

If you want to ever make real money in life you have to know how to sell. Period.

If you are not a salesmen then you cannot succeed at this game. All successful marketers are great salesmen.

Selling is a skill. Selling is an art. If you do not like to sell then IM is not for you. . . .

Also most people that are not succeeding is because they are NOT meant to do this.

People that succeed in life are doing what they were purposed to do. Its their calling. When you are in your divine purpose things will just flow for you.

After many years of trying maybe its time to try something else. Persistence does not work for everyone. . . . You must be in life where you are purposed to be.

People do not fail - they do not work
long enough for the success to come.

People do not fail they quit. They come into IM
with the impression that it is an easy way to make
money - but it's not.

Just like running any business, it requires time, resources and
pure dedication to get somewhere.

Igor

Commitment! You have got to be committed to it. None of this "I'll give it a try" BS. Either you're here to build a solid business, or you're just wasting time.

hi,

I think there is five reason and From my own experiences that I have drawn some general conclusions about Internet marketing and why some people succeed while most people fail. So here in my honest opinion, are some of the main reasons why many online marketers fail:

1. Lack of key marketing basics, overwhelmed with information, lack of necessary skills, lack of time and resources, lack of persistence.

Thank's