Most Important Element of Online Money Making

74 replies
Just wanted some input from everyone to see people's opinions on this...

What do you feel is the most important element of making money online?

Personally, I think that it is SEO, since if you don't get people to your site, you are not going to make money no matter what.

--Wizz--
#element #important #making #money #online
  • Profile picture of the author Nuke07
    Yes Traffic is everything bcs

    Website(SEO)->Traffic->$$$
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  • Profile picture of the author TopBackBuilder
    Of course, SEO is the single largest contributor to web traffic.
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  • Profile picture of the author IMSabatini
    I beg to differ.

    SEO is important if you're site relies around organic traffic, but for many forms on online marketing & IM businesses, SEO plays a very small part in the overall traffic distribution.

    Success in many IM programs such as clickbank revolve around a combination of quality products that work, high EPC's, and a strong affiliate network & relationship.

    With pure SEO, you'll have traffic that may or may not monetize well. With any one of the ingredients mentioned above, you can drive a good surge of profit, but having all three combined is the key to making a sustainable online empire.
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  • Profile picture of the author Kal Sallam
    The Most Important Element Is : Have a system set up & running correctly.

    Websites don't make money--Systems Do!

    My System is SEO Independent though.

    good luck

    ~~Kal
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  • You need to have a sales funnel in place. Also focus on building your list. SEO and link building is a pain in the arse - Get affiliates to promote your site for you.
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  • Profile picture of the author metaarticles
    Yes, targeted traffic is equal to money and SEO plays a big role. SEO is the most important element.
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  • Profile picture of the author guavasofts
    choose the right niche is more important then after seo.
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  • Profile picture of the author jamesrich1
    Traffic + Conversions = Sales
    The most important skill online is....

    CONVERSION = Copywriting.
    Incredible copywriters get paid hundreds of thousands to millions of dollars to write sales copy to make millions in launches.

    You can hire a good full time seo worker from india for $5 to $10 a hour

    95%+ people do not fail for lack of traffic they fail because they lack conversion skills and or the money to pay conversion experts

    1,000 hits + 0% conversions = Zero Sales

    So what is the #1 skill online again?
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  • Profile picture of the author runadsonline
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    • Profile picture of the author trilogy9013
      I agree that SEO is very important but it's not the most important. After all if you get all of the traffic in the world you still may not make a penny if you're not doing anything with that that traffic and not providing any value. I would say that providing quality and giving the traffic what they want is equally as important.
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    • Profile picture of the author makemoneywizz
      Some good points on here guys. I agree, you need to have great content, a good niche, and a good sales strategy to become successful. As with any industry, it's difficult to become established, but if you can accomplish it there is a ton of room for money making potential.

      --Wizz--
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  • Profile picture of the author Miguelito203
    Originally Posted by makemoneywizz View Post

    Just wanted some input from everyone to see people's opinions on this...

    What do you feel is the most important element of making money online?

    Personally, I think that it is SEO, since if you don't get people to your site, you are not going to make money no matter what.

    --Wizz--
    I'm going to go even broader and say that knowing your niche is the most important element of making money online. When you know your niche, you know what problems it is looking to solve, find quality products that provide them with a solution to said problem, and able to write copy that connects with your audience in such a way that it converts into sales.

    Joey
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  • Profile picture of the author Wide
    Not a single one of the above will work if you don't give the system/idea/blog/website the time it require to succeed.

    Most important in IM is: Time and dedication.
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  • Profile picture of the author makemoneywizz
    Wide-

    In that "time", what exactly should you be doing to give your site the best chance for success? I assume you have had some decent success with this, so what would you say is the most important tactic to creating a popular site?

    --Wizz--
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  • Profile picture of the author nrupen
    The most important elements required for success are following points,

    - Power to take decision.
    - Don't expect you'll become rich over night. Be realistic.
    - Make a systematic plan (Method of making money doesn't matter, what matters is plan to execute whatever method you have selected. "An Idiot With Plan Can Succeed And A Genius Without Plan Can Fail")
    - Keep detailed log of your work
    - All fail several times before success (except few very smart or lucky guys). Success isn't easy piece of pie, Unless you are ready to accept failures, you have no chances to succeed.
    - Even most polished blueprint to make money is failure without implementing it and mastering it by experience. Most powerful blueprints also meet failures just because of lack of experience. Take to time learn by implementing.
    - Believe you can make money online, don't give up
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    • Profile picture of the author makemoneywizz
      Originally Posted by nrupen View Post

      The most important elements required for success are following points,

      - Power to take decision.
      - Don't expect you'll become rich over night. Be realistic.
      - Make a systematic plan (Method of making money doesn't matter, what matters is plan to execute whatever method you have selected. "An Idiot With Plan Can Succeed And A Genius Without Plan Can Fail")
      - Keep detailed log of your work
      - All fail several times before success (except few very smart or lucky guys). Success isn't easy piece of pie, Unless you are ready to accept failures, you have no chances to succeed.
      - Even most polished blueprint to make money is failure without implementing it and mastering it by experience. Most powerful blueprints also meet failures just because of lack of experience. Take to time learn by implementing.
      - Believe you can make money online, don't give up

      Nice post, some good info advice in here. Very inspiring words my friend.

      --Wizz--
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  • Profile picture of the author JOSourcing
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    All of the strategies described above won't do a bit of good for a product or service that no one is interested in buying. So market research is the most important element of making money online -- hands down.
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  • Profile picture of the author thebitbotdotcom
    SEO and organic traffic is only worth its salt if your optimized for buying keywords.

    You can get literally tons of organic traffic and never make a dime if you're not ranking for buying keywords.

    So just to say "SEO and traffic" can very misleading...if the reader doesn't use discernment.
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  • Profile picture of the author TollFreeService
    Marketing. You can have something good, but if you can't get money from enough people then there's very little point to having something good.
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  • Profile picture of the author paul nicholls
    without a shadow of a doubt

    building a list

    sales funnel

    these 2 components form your entire business. traffic, seo, link building, conversions, affiliates, jv`s etc are all important but they are not the base of your business

    you need to have a solid core to work from and then expand from there

    once you have a good sales funnel in place and a solid foundation then you can start working and focusing on other areas

    you may have traffic, good conversions but if you have no where to send them or an effective sales funnel to send them through then its going to be an uphill battle

    paul
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  • Profile picture of the author WhiteDove
    First off treating it as a business...everything else follows...
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  • Profile picture of the author John Romaine
    Its funny how a lot of comments here are focused on the technical stuff.

    Business is about people.

    My answer : Honesty and integrity.
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  • Profile picture of the author Fundermentalist
    Good Content cum Good traffic
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  • Profile picture of the author gccalfeche
    I think every element is important in making money online. From the domain, content, SEO, etc..

    These should all go together for best results.
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  • Profile picture of the author ryanmilligan
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    Having the power to convert a prospect in to a customer.

    Doesn't matter how good you are at what you do, if you can't do that then you don't make sales, get clients etc.
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    • Profile picture of the author makemoneywizz
      Originally Posted by ryanmilligan View Post

      Having the power to convert a prospect in to a customer.
      This is definitely true. More importantly, how to get people to buy to from YOU, as opposed to anywhere else.

      Anyone have any good advice on how to achieve this?

      --Wizz--
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  • Profile picture of the author bighostchennai
    Quality of content, delivering what your section of target wants through efficient method such as list.
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  • Profile picture of the author BIG Mike
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  • Profile picture of the author gonzotrucker
    Im getting traffic i've done my seo. I have good content my readers tell me they enjoy. Traffic and good content equals no sales or clicks for me anyways. I havent made a single dollar off my site. So i think picking the right niche may be the most important. Im thinking of doing this myself picking a new niche.
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  • Profile picture of the author Kurt
    The ability to attract a crowd has always been the most important part of marketing. On the Net, this is called getting "traffic". And let's define "traffic" as getting people to see an offer in the first place.

    And there's tons of ways to get traffic. SEO is just one of them.
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  • Profile picture of the author Cataclysm1987
    Adding value.

    Because no one cares about your spammy affiliate site, no matter how well it ranks in Google.
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  • Profile picture of the author jembuter
    me, personally hate seo..

    so for me, promotions and sales lettter are 2 most important things
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  • Profile picture of the author travlinguy
    Seeing the stormy outlook for certain sectors of Internet Marketing and being ready for significant change. The FTC is on the warpath for MMO marketers and many others who are known for blatant fraud and lies. Google is fed up with hit and run, drive by spamming tactics for back linking and page positioning.

    SEO as we all know it is going to change a lot over the coming months. Payment processors are going to become much more strict in who they'll allow to use them. There's going to be a serious wake up call soon for all in IM.
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  • Profile picture of the author StunningWarrior
    Originally Posted by makemoneywizz View Post

    Just wanted some input from everyone to see people's opinions on this...

    What do you feel is the most important element of making money online?

    Personally, I think that it is SEO, since if you don't get people to your site, you are not going to make money no matter what.

    --Wizz--

    Going right back to Socrates...

    As with any endeavour: γνῶθι σεαυτόν (know thyself).
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  • Profile picture of the author PaulyC
    There are so many cogs that make a successful online business, but I'm quickly realizing that without excellent sales copy your results will be less than desirable... that's what I believe.
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  • Profile picture of the author Austin357
    Figuring out quickly what isn't working and making those adjustments fast. Secondly, there are a lot of moving pieces in this business. Focus on a piece you like/enjoy and outsource the other ones and make it work.
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  • Profile picture of the author makemoneywizz
    I agree that focusing a site on something you like is important, but it needs to be profitable too. you have to find a good mix of both, as in a subject that you know a lot about and also can lead to sales.


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  • Profile picture of the author moaid123
    I think the most important element is to develop your own unique systems which makes money and keep it secret.
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  • Profile picture of the author gentryliving
    No doubt... it's SEO!
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  • Profile picture of the author makemoneywizz
    Richie -

    what strategies are you using to build your list? how do you persuade people to feel that your recommendations are worth buying?

    wizz


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  • Profile picture of the author Michael Ten
    Perhaps the most important element is to think of it as earning money, rather than making money...

    And then of course... traffic, traffic, practice, practice...
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    • Profile picture of the author seomilo
      Product + Traffic=Income
      And for all you need SEO
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      • Profile picture of the author Aduley
        I agree with Wide. As much as you can be motivated by reading all kinds of things online, trying to tell you how to make $20,000 a month on auto-pilot, it's just not reality.

        Getting a website to rank and produce money takes a considerable amount of time and energy. Adding quality content and building backlinks doesn't happen over night. Adding even 5 backlinks per day will help immensely.

        Don't expect miracles. Expect lots of time in front of your computer.
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      • Profile picture of the author Ralf Skirr
        The most important element is an offer that converts.

        If you don't have that, EVERYTHING else is useless.
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      • Profile picture of the author luane
        I remember reading about 4 years ago that the most important thing is to go after your passion and the money will follow. That has been true! It is far easier to "work" at something when you enjoy doing it, rather than chasing the money.

        The other principle is true as well - if you help others get what they are seeking, the income will naturally follow. It is a universal principle that works every time.
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  • I believe it's the ability to keep learning and adapting. Because the IM scene changes all the time and the ability to stay consistent and keep learning is really the key in my opinion. One strategy you used yesterday could be made redundant tomorrow. It's to always be on top of your game and keep capitalizing on opportunities.

    Bottom line is basically you're ability to keep learning consistently. Just my thoughts.
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  • Profile picture of the author danube100
    I feel that SEO comes first and then comes traffic. With SEO you can have a site which can help you to make sites which people demand but if you don't have traffic then there is no use of doing SEO. So SEO and traffic are the most important things for a website to be successful.

    regards
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  • Profile picture of the author Henlus
    What is the most important part of the body? Is it the eye or the leg or nose or... All of them are most important.
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  • Profile picture of the author makemoneywizz
    It seems like a pretty general consensus that generating traffic is the most important element to making money. However, even if you have a ton of traffic, unless you can convert that traffic into sales then it is worthless.

    Anyone have any great tips or tricks on specific things to say to make people feel like you can be trusted and that they should strongly consider buying the products you recommend?

    --Wizz--
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  • Profile picture of the author makemoneywizz
    After coming to the general consensus that generating traffic is the biggest key to making money online, what is everyone's opinion on the best way to generate traffic to your site?

    Also, with the extreme popularity of social media sites, these are certainly good venues to promote your website and accumulate backlinks. This being said, what are the best social media sites for promoting your website and driving targeted traffic?

    Thoughts??

    --Wizz--
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  • Profile picture of the author JeremiahSay
    Most important: Traffic & Conversion rates..
    Next: High Quality Products + Excellent customer service
    Next: Relationship, Branding, Awareness..

    Next: You'll be a millionaire in no time
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  • Profile picture of the author MarvyDery
    Traffic is the most important rule. How you get that quality targeted traffic depends on you. But the best source of quality targeted traffic that is sureproof to turn into sales is SEO
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  • Profile picture of the author OnlineMoneyKid
    I definitely agree traffic = success. If you don't have subscribers you can't make money
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  • Profile picture of the author elitebag
    Attracting visitors is very impostant ,which really can take incomes .
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  • Profile picture of the author jhonybravo222
    If u r successful in gaining traffic then you will able to make money online because high traffic gives you maximum profit in online business so for this first of all you have to clear about your industry, competitors and target customers then optimize your site strategically, which includes keyword, quality content, tags, format, sitemap, navigation of your site and the links coming to your site means your site should be SEO friendly, also do off site optimization and decide about the arm page of your site and go for hunt
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  • Profile picture of the author makemoneywizz
    Does anyone have any solid advice on the best way to use social media sites to generate traffic? Which ones are the best to use and what are the strategies?
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  • Profile picture of the author TiffanyAnne
    Most of the things mentioned in this thread focus on the technology side of things. But in my book the most important aspect of making money online is persistence. I see a lot of people who understand the basics but jump from one project to another before they ever get the prior one off the ground.

    Making money online takes time - sure you can make your first couple of bucks within days - you need to persistently tweak and continue building to truly make a decent living online.

    Therefore - SEO, List building, etc - all are good, but true success comes from persistence.
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    • Profile picture of the author Ross Bowen
      Originally Posted by TiffanyAnne View Post

      Most of the things mentioned in this thread focus on the technology side of things. But in my book the most important aspect of making money online is persistence. I see a lot of people who understand the basics but jump from one project to another before they ever get the prior one off the ground.

      Making money online takes time - sure you can make your first couple of bucks within days - you need to persistently tweak and continue building to truly make a decent living online.

      Therefore - SEO, List building, etc - all are good, but true success comes from persistence.
      Agree with you Tiff.

      Like in any other endeavors, mindset to me plays a very crucial role! In trying to make money online, you'll face failures for sure. You can make a few bucks here & there but the bottomline is... before you make a steady income, you'll always encounter setbacks & if your mindset is not in its rightful place, you might lose heart & eventually quit.

      I've seen this happen too many often...jumping from one shiny system into another. Remember, with the right mindset, no hurdle or setback is too daunting!

      Ross
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  • Profile picture of the author Giko
    Your customer
    Everything else evolved around it
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  • Profile picture of the author BuriedAlive
    First things first, you have to have something to offer people whether its a product, knowledge, or service. How else will you make money without offering anything to someone in exchange for their money? Then make sure whatever you are offering is quality, valuable and needed by a specific market. Then work on getting your targeted market to come and see what you have to offer.
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  • Profile picture of the author edy8888
    For me the best thing is "IDEA",

    I with no doubt saying this,
    All internet marketing needs IDEA as its Heart to pump the life.
    You need SEO, you can outsource it,
    Copywriting, outsource also.

    A good marketer is a good idea maker, that can outsource almost allthing.
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  • Profile picture of the author IMWarrior0
    First you need a good product then optimise your site to suit and there you have it magic
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  • Profile picture of the author jasono
    I'd say traffic and visitors. It is the most important element. In the end, it is the visitors that will give you sales.
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  • Profile picture of the author WarriorDiscount
    out of the box techniques
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  • I think SEO is not the best way to get traffic I know dozens of super wealthy marketers who have no SEO traffic. The first few thousand on my list where not SEO, however that being said I'm all for it, just don't let lack of SEO stop you.
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    • Profile picture of the author makemoneywizz
      Originally Posted by HelpingYouBeAnExpert View Post

      I think SEO is not the best way to get traffic I know dozens of super wealthy marketers who have no SEO traffic. The first few thousand on my list where not SEO, however that being said I'm all for it, just don't let lack of SEO stop you.
      Very interesting. If not SEO, what do you think is the best way to get traffic?
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  • Profile picture of the author makemoneywizz
    Hey guys,

    On my website (link is in my signature) I have written a few articles dealing with how to make money online. I want to write a few more, however, to beef up the content on my site.

    If you are willing to, could you check out my site and let me know what you think would be good topics for some new articles?

    Thanks everyone.

    --Wizz--
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  • Profile picture of the author TerranceCharles
    The biggest element... YOU first, traffic and constant action taking
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  • Profile picture of the author warrich
    The most important way to make money is the search engine optimization because by creating high quality articles thereby increasing the data traffic of that site so that it can gain from it. SEO is also considered as the main source of online money making because many cyber giants are starving for more articles every day.
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    • Profile picture of the author makemoneywizz
      Originally Posted by warrich View Post

      The most important way to make money is the search engine optimization because by creating high quality articles thereby increasing the data traffic of that site so that it can gain from it. SEO is also considered as the main source of online money making because many cyber giants are starving for more articles every day.

      So are you implying that writing high quality articles you are effectively improving your SEO? I did not think this was true ......
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  • Profile picture of the author makemoneywizz
    Wanted to share with everyone the importance of creating a link wheel in improving your PageRank. A link wheel is a bunch of websites that are all linked together and also all link to your targeted site of which you want to increase the rank of.

    Works very well!
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  • Profile picture of the author tomm1
    Domain reseller business is the best online business. I started a business using the website
    GoResellers.com - Low cost domain names, domain transfers, web hosting, email accounts, and so much more.
    They provide a full featured website at low cost. We dont need to deposit an amount.We fix the amount and gain profit. For eg. We buy the .com domain extension
    at $9.59 and sell it at $10.The benefit is that we can buy the whole site fix the price and sell it. we will get more profit in this Business.
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