What are the main needs of a profitable internet business?

21 replies
So far i have down,

Website
Logo
Autoresponder

What am i missing here?

Should i be more specific?
#business #internet #main #profitable
  • Profile picture of the author stackman
    You are focusing on the mechanics of an Internet business. The mechanics vary, depending on the type of business. A site selling IM products would need different components than, say, one selling women's clothes.

    Having the right mechanics is certainly essential, but a successful business has to offer something, quality products or services, that people want, and to be able to offer it in a way that separates you from the competition. Of course, having good business skills helps, as well as patience, persistence, and good energy.
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  • Profile picture of the author Jonathan S
    Yes, you should be more specific.....
    Anyway, what is missing? The most important of all - MARKETING. You may have the best website in the world and the most advanced autoresponder system in the planet but without TRAFFIC (signups, lists, visitors, etc.) Your internet business is as good as a dead wood.
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  • Profile picture of the author erob
    The main idea will be around you capturing leads into your autoresponder. If you sale products on your site that are your products you want to get their email after ever sale. If you are selling other peoples product as an affiliate you want some type of sign up form listed on your site to get their email. You would probably need to do seo on your site to get organic traffic coming in from the search engines.You can also use paid traffic and push traffic to a squeeze page since you have an atuoresponder.
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  • Profile picture of the author SMworkcafe
    Yes, you should be more specific. And, read this.
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    - Sana.

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  • Profile picture of the author bbjumpman
    I agree with others..definitely not specific enough. Good to hear you have a logo though

    Since it sounds like you're building a list within a certain niche just remember a few things:

    Help people
    Don't let yourself get distracted by other projects
    Be passionate

    Start building a strategy of how you're going to generate visitors then optimize to what's working and keep going.
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    • Profile picture of the author cjsparacino123
      Okay so I realized my real question is what the mechanics of a online marketing business?

      I'm looking to build systems around my ideas
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  • Profile picture of the author TheZafraGroup
    3 things you need: Traffic, Leads and using your autoresponder and skills to convert those leads into sales. If you don't have any results yet, I don't recommend building a system yet. It would take up a lot of time, money and effort. If you really want to succeed, invest in yourself first, educate yourself and start implementing. There's more to systems than traffic, leads and sales. There's funnels, videos, sales copy, etc.
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    • Profile picture of the author discrat
      Originally Posted by TheZafraGroup View Post

      If you don't have any results yet, I don't recommend building a system yet.
      Maybe im missing something here but dont you need to start working on building that System in the first place and then see if you get the Results ?


      And then make adjustments acoordingly?
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  • Profile picture of the author winnermarketing
    Targetted Traffic + autoresponder + Marketing (Copyright to write a good sale page)

    Traffic: learn how to manage a PPC campaign (Facebook, AdWords, Bing......)

    Autoresponder: usefull to increase convertions, use mailchimp, awaber or getresponse (my favourite)
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    Free Guide to Make Money Online [Now!]
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  • Profile picture of the author Amer A
    Hi cjsparacino123

    Internet business also needs a video player like for example, vooplayer.

    Regards
    Amer
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  • Profile picture of the author Fingertips
    The main mistake most people make starting a new business, is that they get the priorities the wrong way around, like I did when I started.

    You wouldn't go and commit yourself to a 5 year lease on a vacant high street store unless you already had some plans in place. You would know what products you wanted to sell, where you could buy them cheaply, and you would research the market first to find out if people wanted what you were going to try and sell to them.

    You would look at the competition in the area and put money aside to advertise and promote the launch of your new business. The press would be there when you opened, and a celebrity would be opening your great new store.

    What I am saying is that internet marketing is exactly the same. Don't imagine you can open a website without doing most of the above things first. You will probably fail just like the 98% of online marketers who start a 'business'. I'm not trying to put you off or get negative - it's true.

    I expect any established and experienced marketers on WF will endorse what I say. Of course people start off with no idea and get a lucky break - but they are the exception rather than the rule. So know what you want to achieve before you spend the money guys...
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  • Profile picture of the author rmbd2012
    Originally Posted by cjsparacino123 View Post

    So far i have down,
    Website Logo Autoresponder
    What am i missing here?
    Should i be more specific?
    Firstly You must have the website. It is the pre-requisition of the IM section. If one wants to work in the IM section one need to buy Domain & Hosting. Without the Own Domain & hosting, one will not be able to success in his life.
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  • Profile picture of the author Sarevok
    A hungry crowd that you have direct (and economical) access to.

    ;]
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  • Profile picture of the author cjsparacino123
    okay, lets say i have the customers, i have the product, and i've already even made a few sales, what would be the mechanics of that internet business
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    • Profile picture of the author Gambino
      Originally Posted by cjsparacino123 View Post

      okay, lets say i have the customers, i have the product, and i've already even made a few sales, what would be the mechanics of that internet business
      You are all over the place.

      What type of product? Are you a vendor? An affiliate? How are you getting traffic? What is your ROI? Do you have a sales funnel? What are your upsells? What are your down sells?

      See where I'm going? You have to explain either what you're doing, or what you want to be doing. The more detail the better.

      Since your first post listed a logo, auto responder and something else as the necessary steps, I'm assuming you're not making sales.
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  • Profile picture of the author cjsparacino123
    The type of product is basically marketing services, i am the vendor, no affiliates, i'm digging through facebook for leads, my ROI if these deals go through about $200, i have a sales process, not a funnel, i dont have any Upsells (Good idea), I don't have any downsells.

    I realize im looking at this from the sales end not the marketing end, and i dont wan't to reveal too much, thats why i havent really been specific lol

    I guess my next bet is to generate traffic, build relationships, and invest in myself to get to the next level
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    • Profile picture of the author Gambino
      Originally Posted by cjsparacino123 View Post

      The type of product is basically marketing services, i am the vendor, no affiliates, i'm digging through facebook for leads, my ROI if these deals go through about $200, i have a sales process, not a funnel, i dont have any Upsells (Good idea), I don't have any downsells.

      I realize im looking at this from the sales end not the marketing end, and i dont wan't to reveal too much, thats why i havent really been specific lol

      I guess my next bet is to generate traffic, build relationships, and invest in myself to get to the next level
      Fix your funnel before you waste your time/money sending leads to you sales page.

      1. Lead magnet (typically a free product that provides value and solves some problem your target has that gets them to opt-in to future updates, info and offers from you)
      2. Identify buyers. Typically a cheaper product from $7-50, that helps you split your "leads" and your "buyers"
      3. Product. $50-1000 that's priced based on value. The more value you provide, and the bigger problem you solve, the higher the cost. Find out what people will spend for optimum ROI by testing.
      4. Money maker product. $1000-5000 product and upsell. Provide huge value and solve major issues.
      5. Take a shot. $10,000+ product. Over deliver.

      Find out what your average ROI is for a "lead" and a "buyer". Then you'll know how much you can spend on a "lead" and still be profitable. Ie. You're average "lead" generates you $5. You can spend up to $4 or so and still make a profit. Then you can scale your "leads" very quickly and generate more sales.

      Focus on upsells and down sells around your product that ranges from $97-1000. How can you add more value? Coaching, forum, installation, longer service, etc.

      If someone leaves your page, maybe they'll buy part of what your selling for half price? Or a different price. Will they give you their money? That's what you want to know.

      Then I always throw in a subscription for $37-97 per month depending on what's offered.

      Never give someone just one shot to buy from you or you will leave a ton of money on the table.
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  • Profile picture of the author yukon
    Banned
    Originally Posted by cjsparacino123 View Post

    So far i have down,

    Website
    Logo
    Autoresponder

    What am i missing here?

    Should i be more specific?
    Those aren't main needs, those are addons, a business can still bank without those things.

    A main need would be sales, conversions, business contacts...
    Signature
    Hi
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  • Profile picture of the author jamescanz
    A way to gather leads, sell your product (s), follow up with leads / customers, and track numbers.

    For me it's...

    Clickfunnels, Aweber, and Improvely.

    Doing webinars helps as well, which ClickFunnels solves...

    Or you can look to stealth seminar for automated webinars.
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  • Profile picture of the author Scotty Truong
    Stay away from Stealth Seminar. We cancelled our account in Feb. But just found out that they still charge my partner's card until now.
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  • Profile picture of the author Rory Singh
    The main 'needs' of a profitable internet business is a successful internet marketer.

    A successful marketer knows how to:

    1- Create Traffic

    2- Capture Leads

    3- Convert all that stuff.

    There are too many things to cover in just one post.

    Here's some advice...

    Start with (1) traffic method. Learn it. And 'Master' it.

    Even if you are a vendor. Without traffic, your website, logo and autoresponder are 'dead' in the water.



    Originally Posted by cjsparacino123 View Post

    So far i have down,

    Website
    Logo
    Autoresponder

    What am i missing here?

    Should i be more specific?
    {{ DiscussionBoard.errors[10462957].message }}

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