#1 Reason Why People Don't Make Money With Internet Marketing

37 replies
For the longest time I struggled to make money online.

I bought course after course. Spent hours learning about seo, ppc, copywriting, marketing, offline consulting, blogging.

I was obsessive...

I feel in love with Internet Marketing... the dream of "internet marketing lifestyle".

You know...the idea of being free, not having a boss, waking up whenever I wanted, making tons of money.

After two years I could talk the talk. Perhaps you can the same. I knew all the lingo, all the gurus, I could talk about seo, ppc, the works.

I took action too, taught my self how to build website, how to write copy, create products, how to use aweber, etc. However the money I made with minimal. Actually it was pathetic compared to the amount of hours I was putting in.

Fast forward to today, things are quite different. I now make a full time living online and I realize the big mistake I made. It was a mistake that I had made since the moment I started leaning about this internet marketing stuff in 2007.

I fell in love with the wrong thing.

Let me explain.

It is something Jay Abraham said "most entrepreneurs fall in love with the wrong thing. They fall in love with their products and their business when they should be falling in love with their clients and customers."

When I shifted my focus off of IM and onto my clients and customers. Shifted my focus from learning about IM techniques to learning about the clients and customers I wanted to help.

My success skyrocketed.

Being around IM for 6 years now and working with some very successful people, this really is the SECRET to making money online.

It may sound to simple, but it's true.
#internet #make #marketing #money #people #reason
  • Profile picture of the author Mpresev
    Thank u..
    I just learned something



    Originally Posted by MikeMarin View Post

    For the longest time I struggled to make money online.

    I bought course after course. Spent hours learning about seo, ppc, copywriting, marketing, offline consulting, blogging.

    I was obsessive...

    I feel in love with Internet Marketing... the dream of "internet marketing lifestyle".

    You know...the idea of being free, not having a boss, waking up whenever I wanted, making tons of money.

    After two years I could talk the talk. Perhaps you can the same. I knew all the lingo, all the gurus, I could talk about seo, ppc, the works.

    I took action too, taught my self how to build website, how to write copy, create products, how to use aweber, etc. However the money I made with minimal. Actually it was pathetic compared to the amount of hours I was putting in.

    Fast forward to today, things are quite different. I now make a full time living online and I realize the big mistake I made. It was a mistake that I had made since the moment I started leaning about this internet marketing stuff in 2007.

    I fell in love with the wrong thing.

    Let me explain.

    It is something Jay Abraham said "most entrepreneurs fall in love with the wrong thing. They fall in love with their products and their business when they should be falling in love with their clients and customers."

    When I shifted my focus off of IM and onto my clients and customers. Shifted my focus from learning about IM techniques to learning about the clients and customers I wanted to help.

    My success skyrocketed.

    Being around IM for 6 years now and working with some very successful people, this really is the SECRET to making money online.

    It may sound to simple, but it's true.
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  • Profile picture of the author Randall Magwood
    I think the use of only ONE marketing strategy in your business is a primary reason that alot of new beginners fail. They may get a couple sales here and there, but in the long run, this isn't the proper way to run a business.

    The people who never make money online are the people who give up instantly after they spent $2,000 on a PPC campaign, that didnt get them any sales from their $300 product. Lol... this is laughable to me.
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  • Profile picture of the author fnoperi1
    I was thinking about the same thing, I'm still struggling, but I 'm learning how can I serve people, help their problems. I just got done with finishing writing my losing weight ebook that took me a week, and want to give away for free, when people opt in to my landing page.
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  • Profile picture of the author Dann Vicker
    That explains it. The real profit is made from identifying the target 2% that will buy into your premium coaching products and services. It's easier to build a relationship with 10 persons and sell 4 $1000 products than to sell 1000 $4 products.

    Intriguing but true.
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    • Profile picture of the author bless
      For me it's been a BIG relief to ditch every other effort online, apart from driving traffic to my squeeze page for a residual income program.

      I have wasted YEARS thanks to information overload, but that time is now over.

      Building my list is the focus and the auto responder will take over from there...
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    • Profile picture of the author MikeMarin
      Originally Posted by Dann Vicker View Post

      That explains it. The real profit is made from identifying the target 2% that will buy into your premium coaching products and services. It's easier to build a relationship with 10 persons and sell 4 $1000 products than to sell 1000 $4 products.

      Intriguing but true.
      Or it's easier to just sell junk products...like PLR...which add zero value to the world.

      Which is also why it only sells for $4.

      I'll quote what the greatest entrepreneur of our time said...

      "Do you want to spend the rest of your lifetime or career merely selling stuff or would you rather spend every second, of every hour, of every day of the rest of your lives transforming lives and futures? - Steve Jobs"
      Signature
      Do you feel stuck in the TRAP of "internet marketing"? Are you sick of Spinning Your Wheels Trying To Make Money Online? Were you promised easy earnings yet have been struggling for YEARS?

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  • Profile picture of the author Chris Cole
    Originally Posted by MikeMarin View Post

    For the longest time I struggled to make money online.

    I bought course after course. Spent hours learning about seo, ppc, copywriting, marketing, offline consulting, blogging.

    I was obsessive...

    This is the main point for me here. We all suffer from this and I am equally guilty of this. Spending way too much time learning and feeling that I need to know just a little more before I take action...
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  • Profile picture of the author JayParker
    I do agree with the OP, most of your income would come from understanding your customers and giving them what they want, Internet Marketing is just a means to an end, which is to generate satisfied customers that buys products a good price.
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  • Profile picture of the author SeoDemon
    very useful information here, we all did that same mistake
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  • Profile picture of the author lollobrigida
    I think there's people constantly considering new stuff and learning about new things... but they never feel confident enough to take action...so they jump to the next "learning curve".
    And there's people who jump on stuff, taking action right away... without ever learning enough about it to make it work...so they jump to the next thing.

    I believe one has to find a healthy mixture out of both approaches... stop the constant jumping ...and focus on bringing value to customers...
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    • Profile picture of the author theory expert
      Banned
      Originally Posted by lollobrigida View Post

      I think there's people constantly considering new stuff and learning about new things... but they never feel confident enough to take action...so they jump to the next "learning curve".
      And there's people who jump on stuff, taking action right away... without ever learning enough about it to make it work...so they jump to the next thing.

      I believe one has to find a healthy mixture out of both approaches... stop the constant jumping ...and focus on bringing value to customers...
      You hit the nail on the head.
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  • Profile picture of the author keebeng90
    Thanks for the sharing. =)
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  • Profile picture of the author Tonylee93
    Thats true, I must start focusing on the clients and the customers that will be buying from me! I think thats an important part that most people forget about, and I think that I learned from this little thread! Thank you!
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  • Profile picture of the author Anthony W
    Agreed. Most people are focused on making money instead of delivering real value.
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    • Profile picture of the author keebeng90
      Originally Posted by Tony W View Post

      Agreed. Most people are focused on making money instead of delivering real value.
      Agreed! Teach and you shall receive. I always believe that that should be the spirit of all marketers.
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  • Profile picture of the author bluedevil
    Reading and learning are safe activities. Putting your money, reputation and work on the line are risks most people are not comfortable with.
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  • Profile picture of the author think more
    Thanks for the useful information
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  • Profile picture of the author wordpressmania
    Just fall in love with this quote......

    It is something Jay Abraham said "most entrepreneurs fall in love with the wrong thing. They fall in love with their products and their business when they should be falling in love with their clients and customers.”


    Thanks Man for sharing it
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  • Profile picture of the author jendg
    good info...most of us are probably doing more learning than taking action
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  • Profile picture of the author TomerN
    I don't necessarily disagree with you but it depends on the model you are using. If you have clients than obviously thinking of your clients first is key. If you produce products and engage in list building it's also important to keep your customer in mind. But not every IM business model revolves around the client first. If it's a performance PPC affiliate marketing campaign than you still need to think about your customer but they're hardly your main focus.


    Just my $0.02...
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  • Profile picture of the author jborjaperez
    Hey Mike,

    I've been grasping this as well! As long as you get something into the consumer's hands, and take care of them, Profits will take care of themselves. (Working hard everyday as well)

    Thanks for bringing up this idea.

    -Jared
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    In my signature.. It's not a secret method.. It's a lifestyle.. It's Day 1, Follow Me From The Bottom UP!

    I Write Articles Too! PM ME!

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  • Profile picture of the author Teapen
    Interesting perspective, I will take this with me as I journey on in my pursuit for an online career.
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  • Profile picture of the author clever7
    I agree that this is the first reason why most people fail. They don’t care about helping their customers, only about making money somehow.

    However, the second reason why most people fail is the fact that they don’t know how to promote their products and beat the competition.

    Everything you learned in the beginning helped you achieve the perfect result. If you didn't know how to market your products, you wouldn’t be able to sell anything, even if you would really solve all the problems of the world.







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  • Profile picture of the author Justin Spencer
    Hey there,

    Nice post.

    To go a bit deeper with it.

    Sometimes, it resonates with more peeps if you alter the language of delivery.

    The focus (or, focal point) is, 'on the clients', but the real focus should be on
    understanding them as if you were the customer, as if you could state their problems without critically thinking about it.

    As if your obsession to empathize and understand them knew no bounds.

    When you have a precise point of focus on their language, slang, terminology, outlooks, psychology and a strategy to facilitate this evidence retrieval, then you invariably lower your chances of failure 10 fold.

    It is hard to stay broke, when you understand a popular problem as if you had engineered it yourself for experimentation. Because solutions are even more conspicuous to customer.

    -Justin
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  • Profile picture of the author marcuslim
    Eben Pagan always says to think of niches as needs, and products as solutions to those needs. Sell them the benefit not the feature.
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    • Profile picture of the author ReveryMarketing
      Originally Posted by marcuslim View Post

      Eben Pagan always says to think of niches as needs, and products as solutions to those needs. Sell them the benefit not the feature.
      Eban Page is the man! The dude is focused...
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  • Profile picture of the author owenlee
    One of the mistakes I made too...haha

    Now focusing on how to help others people..is much more relax
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  • Profile picture of the author abinjoy
    Banned
    [DELETED]
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    • Profile picture of the author Gary336
      I must confess that I fell victim to the mentality of sales over value after buying some crappy IM products in my early days. I now recognise that providing more value than the customer expects to receive is the first step to a profitable business.
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  • Profile picture of the author wonderfullife
    Thanks for sharing your experience for online business. Clients are important for our business. We need to make our products better to meet the clients' demands. We need to pay attention to what they need.
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  • For me the No.1 reason of failure is not taking action if you keep buy product after product without applying them then I assume you won't make a dime.
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  • Profile picture of the author Susan A
    Bringing value to the world may be hard for IM beginner. I hope they can learn as fast as they can about how IM works. And then finally, they will give real value to the world.
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  • It was the same with me if i Just had a $1 for every EBook or program on my hard drive WOW , But like someone said recently in the WAR ROOM , If you have 3 EBOOKS or IM money making programs you most likely have enough to take action.STOP BUYING and take action , Great POST learn your customer needs
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  • Profile picture of the author YasirYar
    Hey Mike,

    I agree with you! This industry should be 'customer-centric' and not 'revenue-centric' so to speak.

    Because customers are our lifeblood, we must at all times endeavor to keep them happy and satisfied so we keep their business, otherwise they will go out and shift to a competitor site or vendor. Customer satisfaction should always be guaranteed at all times.

    Originally Posted by MikeMarin View Post

    For the longest time I struggled to make money online.

    I bought course after course. Spent hours learning about seo, ppc, copywriting, marketing, offline consulting, blogging.

    I was obsessive...

    I feel in love with Internet Marketing... the dream of "internet marketing lifestyle".

    You know...the idea of being free, not having a boss, waking up whenever I wanted, making tons of money.

    After two years I could talk the talk. Perhaps you can the same. I knew all the lingo, all the gurus, I could talk about seo, ppc, the works.

    I took action too, taught my self how to build website, how to write copy, create products, how to use aweber, etc. However the money I made with minimal. Actually it was pathetic compared to the amount of hours I was putting in.

    Fast forward to today, things are quite different. I now make a full time living online and I realize the big mistake I made. It was a mistake that I had made since the moment I started leaning about this internet marketing stuff in 2007.

    I fell in love with the wrong thing.

    Let me explain.

    It is something Jay Abraham said "most entrepreneurs fall in love with the wrong thing. They fall in love with their products and their business when they should be falling in love with their clients and customers.”

    When I shifted my focus off of IM and onto my clients and customers. Shifted my focus from learning about IM techniques to learning about the clients and customers I wanted to help.

    My success skyrocketed.

    Being around IM for 6 years now and working with some very successful people, this really is the SECRET to making money online.

    It may sound to simple, but it's true.
    Signature

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  • Profile picture of the author magiclouie
    Mate, you are pretty spot-on with what you have written here. You hit the nail on the head buddy.

    Now, we should be very careful to whom or to what we should be fall in-love with.

    Lastly, your signatures caught my attention.
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  • Profile picture of the author pinakin
    Treat your client like a king and he will give you his treasure

    Pinakin
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