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MY beef with Internet Marketing

by billionareHuman
18 replies
The thing I hate most about Internet Marketing is people that try to sell IM products pretend like they've made it big in other niches, when most of the time they probably haven't, they just want to sell you their IM products. IM is their main niche (and only sometimes) and they can profit big!

The fact is IM is easier for them to sell for a few reasons:

1. It's a desperate market (that's what they preach right? find a market desperate to buy), quite your day job etc... most people hate their day jobs, so sell them the dream of being able to quit easily

2. They have a passion for IM, they are already in the industry, they can produce content and know what people want quite easily. Other topics would require research and to be in the industry to truely profit big.

3. All the buyers of this product are on the Internet already unlike a lot of markets where there are not millions of buyers that you can easily have access to.

4. They found a strategy that works in a niche outside IM and they made a bit of profit. So now they sell this IM strategy and make more than they did in their original niche, there is larger market, they are desperate. By selling the strategy you have every other person on the planet competing with each other to profit when most will fail, give up, but it doesn't matter the IM seller is making more profit.

I'm not saying there is not other profitable niches however their are not many with a huge market and potential profit ability like IM.

We are 1 of the biggest markets on the internet.

I'm ok with people selling IM that are truely useful products but fact is some of them also pretend like they are making it big in other niches too. What other niches? You don't have any other hugely profitable niches.

I've found plenty of profitable niches but none of them can make money like I have seen IM have the potential to.

So this is why I've stayed away from selling IM for a long time, I don't want to Pretend like you can make huge profits in other markets so quickly and easily.
#beef #internet #marketing
  • Profile picture of the author Allen Graves
    My beef with IM is a good Medium Rare Ribeye - blackened sometimes.
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  • Profile picture of the author GarrieWilson
    Your rant would be a better blog post.
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  • Profile picture of the author ExRat
    Hi billionaire human,

    I've found plenty of profitable niches but none of them can make money like I have seen IM have the potential to.
    That just about sums it up really.
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  • Profile picture of the author Nick Brighton
    you rant is way off base.

    Yes, there's people who sell to other marketers as their main source of income, but man, the IM2IM market is barely a drop in ocean compared to some other niche markets out there.

    More people want to lose weight than they want to make money online.

    And there's about 50 other examples I could give in this post alone.

    Go take another look...
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  • Profile picture of the author Michael Taylor
    Actually, this is quite a narrow niche compared to the mainstream markets.

    How do you know the IM people you're talking about haven't had success in non-IM markets? Sounds to me like a lot of assumptions and, perhaps, sour grapes on your part.

    I used to work in the shipping department of a Harley dealership who sold motorcycle parts and accessories online. Four years ago, they were selling $100,000 worth of product per month, just through Internet sales. This is just one example, but that one store alone works against your assumption that only the IM market has the numbers and response to make online sales possible.
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  • Profile picture of the author traceye
    Originally Posted by billionareHuman View Post

    The thing I hate most about Internet Marketing is people that try to sell IM products pretend like they've made it big in other niches, when most of the time they probably haven't, they just want to sell you their IM products. IM is their main niche (and only sometimes) and they can profit big!
    LOL, actually I make far more money in other niches than I do in the IM niche but I don't really care if people believe me or not because I'm happy to sit back and collect the money.

    I actually tried to show my list how I did it once, I provided proof and screenshots and a 'this is how you can do it to' - I wasn't selling anything at the time, just providing advice on how they can replicate and I got quite a few emails back telling me I was lying and it was all bollocks!

    Oh well, their loss. *shrug*

    Why do you think that most IM'ers are not telling the truth? (I'm not saying that they arn't just why you don't believe them right away) Is it because you haven't had success in those niches so think no one else can?

    They might have done really well, or they might not.

    However the important thing is not really how much the IM'er has made, but how much YOU can make using those same methods.

    Tracey
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  • Profile picture of the author dndoseller
    If people are buying IM products (pretend or not) then there is a huge desperate demand and not enough supply to fill it. Its like any other market, I don't get hating that.
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  • Profile picture of the author Ldimilo
    Actually, IM is a harder niche to crack because most marketers are very aware of the tricks of the trade. Just to use an example...free reports. If I was to give a free report in the alternative health niche, I wouldn't hear one peep from the person about how it really isn't "free" because they have to give up an email address. You do the same in the IM world and you will have some that will flat out bust you on it. It is one of those ironies that I will never get....marketers don't care about getting marketed to..
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  • Profile picture of the author joelraitt
    ha what a joke, a buddy of mine banks huge coin in other niches, like huge. he doesnt give a hoot about the IM niche.
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  • Profile picture of the author phiROSSophy
    Even if they failed doing what they are selling, they have succeeding selling what they are selling, so they are doing something right!
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  • Profile picture of the author Jeff Williams
    Yep, they're all lying, cheating, greedy *******s.

    And somehow, that "fact" alone ain't gonna put any money in your pocket today. If you really want to know how "they" make money, here it is:

    1. Choose a path
    2. Make a plan
    3. Work ass off

    No secrets. That's it. Question is ... will you do it? Probably not. After all, it's easier to "theorize" than to do. Especially when there are so many convenient excuses at your disposal.

    Forgive the attitude, but it's impossible to be a hater when you've walked a mile in someone's shoes. After you've poured your blood, sweat, and tears into a project - after you've worked until you're physically and mentally exhausted - after you've almost tore your hair out in frustration over glitches or setbacks ....

    After all that, when you've finally created a successful business from scratch and are making good money... you'll look up and realize that "guru" you hated back in the day went through the exact same thing you just did. And there will finally be respect.

    Bring some proof to the rant next time. I'm out.

    -Jeff
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    • Profile picture of the author T.I.M.
      I was starting to think the same thing as OP but Billy Mays death caused CNBC to air the infomercial game. It was super cool to watch.

      Yeah while there's plenty of make $$$ from home doing this or that and in your underwear infomercials most are selling inexpensive products. To no ones surprise the best performing is diet/health but Billy Mays (amongst others) made Millions selling under $20 products nobody 'needed' but he hyped it enough to take you up the sales ladder for these things you didn't need to the point where you were thinking "Just give me the damn number and how much it costs!"

      Oddly enough the newest issue of Playboy mag (published and released before his death) had a story about him and he honed his skill selling Ginsu knives on the strip in Atlantic City. A few pages before his article was a pic of Farrah Fawcet in her classic red bikini pose. If I seen something on Michael Jackson in there I would have really freaked out.

      Really opened my eyes to other niches out there and oddly enough it's about price & quantity sold by hype which is the real main target of the FTC new proposed laws.
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  • Profile picture of the author Scott Stamper
    The IM niche is a really small niche. The online diet market is a multi-billion dollar per year industry, the online suppliment industry is also a multi-billion dollar per year industry. The IM market is probably less than 1% the size of either of these.

    In gardening (another huge niche), online sales of the Topsy Turvy, has maxed out the Chinese production factory. They can't make those things fast enough so the website had to stop taking orders.

    There's a saying "When you're holding a hammer... all you see are nails". While working and researching marketing you're going to get tunnel vision.

    Just ask your friends if they know who Yanik Silver, Joel Comm or John Reese is? Then ask them if they know who Billy Mays is.
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    • Profile picture of the author WritingMadwoman
      Originally Posted by Scott Stamper View Post

      The IM niche is a really small niche. The online diet market is a multi-billion dollar per year industry, the online suppliment industry is also a multi-billion dollar per year industry. The IM market is probably less than 1% the size of either of these.

      In gardening (another huge niche), online sales of the Topsy Turvy, has maxed out the Chinese production factory. They can't make those things fast enough so the website had to stop taking orders.

      There's a saying "When you're holding a hammer... all you see are nails". While working and researching marketing you're going to get tunnel vision.

      Just ask your friends if they know who Yanik Silver, Joel Comm or John Reese is? Then ask them if they know who Billy Mays is.
      Excellent points, Scott. Sure there is a lot of money being made in IM but you're so right that it pales in comparison to some other better-known niches.

      To the OP, you really don't know for sure that some of these IM aren't successful in other niches. Sure, probably some of them aren't, but the ones who really are won't be dumb enough to share their profitable niches with you or anyone else!

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  • Profile picture of the author billionareHuman
    It wasn't really my point that there are not bigger niches but to those of you who think there are many think about this:

    When you tell someone you make money online, what do they say to you? 'Show me, teach me how!' You see the spark in their eye. (Mostly because they think it's easy)

    When say to someone you are doing a weight loss program (someone mentioned that is a huge niche) do they always say "I want to do that too"? No. they are not interested unless they have a that problem.

    The Internet Marketing niche is basically everyone that using the internet and all the offline people too, they all are potential customers more so than any other niche.

    More people have the money problem (or what they think is a lack), hate their jobs more than any other niche, IM provides a doable solution to both.
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  • Profile picture of the author slvrsrfr
    you guys have made some great comments about the niches. personally, i wouldn't be venturing into the im niche until i've made great success in at least one other niche.

    speaking of which, where is a good place to dig/research/look for niche ideas?

    thanks,

    jason
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  • Profile picture of the author billionareHuman
    To the OP, you really don't know for sure that some of these IM aren't successful in other niches. Sure, probably some of them aren't, but the ones who really are won't be dumb enough to share their profitable niches with you or anyone else!
    Exactly we wouldn't know if they did make more of a profit in other niches or not, so people are running around chasing profits in other niches while they are being sold IM products to continue chasing.

    My point is it's far easier and profitable for a Marketer to sell the IM niche than it is for other niches for all the reasons I stated above. I just don't like the pretending that they made it big in some other niche, fooling the poor newbies.

    And then each Marketer partners with other Marketers to profit of each others lists. You all get the same emails from them, promoting the same products, the products that are telling you their is money to be made in other niches. Hey if there's other profitable niches why are you spending time contacting all the other marketers shouldn't you be spending time making money in your big niches?

    You see to create an amazing IM product, you need to spend all your time and resources on it, if you are spending all your time and resources on it then how do you have the time and resources to do it for other niches making huge profits there??
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  • Profile picture of the author LB
    Wow...another ill-informed rant that should be a blog post?

    It's all this forum has become.

    Report these posts, get them off the forum and onto blogs.
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