My first month Internet marketing - my results and what i have learned.

Well I have been internet marketing now for one month, I read someone else's one month post and really liked the idea behind it and in ways it helped me reading other peoples experiences. So I would like to do something similar and share my experiences of online work and attempting to make money.

Now before I started internet marketing one month ago I didn't really know what it was let alone making a living online from selling other peoples products, it caught my attention because it suits me just right - working from home, my own boss and work the hours I choose (im a big advocate of living life how you want).

So onto the juicy information your all here for:

When I started learning about internet marketing I thought of a fantastic idea, well maybe 4-5 "fantastic ideas" to me, but on paper they weren't and I learned the hard way after buying the domains.

My first website was to plaster as many affiliate links on a website as I could and post a short description about them, the idea was to be an online shop listing the cheapest products from 3 affiliates online (one being Amazon)... I shortly found out it wasn't going to work. Reason being I wasn't targeting a niche - or a market, I was spread over to thin with the website and in the end I had to drop the original idea - the domain is now on ebay for sale.

- Lesson learned from this experience: Dont try do everything, focus on one thing. Focusing on 4-5 + products or slapping affiliate links on a website with a short description will make you no money.

My second idea was to buy and sell domains for profit, I brought 5 domains I thought to be awesome names, turns out they went and selling all of them are on ebay because I cant shift them any other way. (selling lower than I brought them for).

- Dont jump into buying a domain because it looks good, looking good and actually being marketable and profitable are separate, really think about it.

My 3rd idea was to target a niche market with 1,000 searches per month, I figured if I make £1 per sale and 1,000 people visit my site and sell to 100 people then id make £100 in affiliate sales, the product on this website was more focused and overall easier to write about and made content much easier. However what I later learned that just because 1,000 people search this term a month doesn't mean ill be getting all 1,000 people... Probably 400 people a month on rank 1 google spot and selling low value items isn't really worth my time investment - this websites still up on page 2 of google, with no backlinks.

Built using: HTML

- Lesson learned: Just because a program tells you thousands of people search for a term doesn't mean they will be flocking to your website, also there are big names dominating keywords so check if you can compete with them before you create the website.

My current idea im working on is a website built on wordpress, im publishing articles daily, all 100% unique and from my knowledge on the topic to ensure its different from everyone else's; I read the articles 2 times over to ensure there the best quality I can produce, I monetize the website with adsence and Amazon products for items related to my articles. I have also started writing articles for other article directories to start driving traffic to my website - none of the articles are "spun" there all written from scratch for quality.
This has been up for 10 days as of today and writing this post - it currently has 0 traffic but I am going to keep posting articles daily on this website.

So break down on how much I have made on my first month of internet marketing / niche websites:

Total made: £0.52

Costs:
All my silly domains: £15
My hosting package: £2.49 per month

Total Loss: £16.97


So what do I do from here ?


Well for me; I thought about it and realised one thing, I don't have a natural talent for internet marketing and all that means is I have to work harder at it than others - I can think of worse things, like not having access to an internet connection in the first place.


I feel my problem is im listing to everyone else's rules and trying to be a mimic of there success; My firm belief is I need to break the rules and work it for me, following the crowed is why most people don't become successful its those who stop following the Shepard and take there own path.


And my final lesson is that failure isn't real. You just get the answer wrong. In my case I got the answer to making money wrong on 3 occasions and working on a 4th answer, if its wrong. Ill try again, and again, and again.


Hope new marketers managed to learn something from this, not quite sure what... but none the less just thought id share